SEC may reconsider lawsuit against ConsenSys MetaMask staking service

[San Francisco Fed President: Supports Rate Cuts, Overly Tight Policy May Harm American Families] San Francisco Fed President Mary Daly stated that the Federal Reserve's decision to cut rates this week was not an easy one, but Mary Daly ultimately supported the move. Mary Daly pointed out that real wage growth stems from long-term stable economic expansion, and the current expansion is still in its early stages. The Federal Reserve must bring inflation down to the 2% target while protecting the labor market, as overly tight policy could harm American families.

According to member indicators, the current K-line pattern shows three red soldiers, combined with the KDJ golden cross and RSI breaking through the upward trend line, indicating a strong short-term bullish signal. The distribution of chips indicates that 3132.5 is a strong resistance zone, with trading volume shrinking to a low level and insufficient market interest, but the price is testing the suppression of the EMA24 moving average. The MACD bar chart continues to grow, and the upward momentum is gradually increasing. However, EMA24 and EMA52 are still in a bearish position, and caution should be taken against the risk of a pullback. If it breaks through 3132.5, or opens up upward space. Open a membership, unlock precise buying and selling points, and capture the best trading opportunities! The data is sourced from the PRO member's [ETH/USDT Binance USDT Perpetual 1-hour] K-line, for reference only, and does not constitute any investment advice.

The investing giant had asked the U.S. Securities and Exchange Commission to treat DeFi players like regulated entities, and the DeFi crowd pushed back.

[Spot Gold Rises Approximately 2.5% This Week to $4,302.68] On Friday (December 12), spot gold rose 0.53% in late New York trading to $4,302.68 per ounce, marking a cumulative increase of 2.49% for the week. Gold prices remained roughly flat from Monday to Wednesday ahead of the Federal Reserve's announcement of interest rate cuts and Treasury bond purchases, then continued to climb, with a significant pullback on Friday. COMEX gold futures rose 0.48% to $4,333.60 per ounce, up 2.14% for the week, and briefly surged to $4,387.80 during Friday's session.

[U.S. 30-Year Treasury Yield Rises to 4.86%, Hits Highest Since September] The yield on the U.S. 30-year Treasury briefly rose 6 basis points to 4.86%, marking its highest level since September 5. The 2-year Treasury yield was mostly flat on Friday. Chicago Fed President Austan Goolsbee and Kansas City Fed President Esther George stated that concerns over inflation are the main reason for opposing rate cuts. Strategist Edward Harrison pointed out that, given traders expect two 25-basis-point rate cuts by the end of 2026, Goolsbee's remarks indicate downside risks for U.S. Treasuries.