SWAN CEO predicts that Bitcoin will reach a historic high next year

[Probability of the Federal Reserve Keeping Interest Rates Unchanged in January Next Year Reaches 83.9%] According to CME 'FedWatch' data, the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 16.1%, while the probability of keeping interest rates unchanged is 83.9%. By March next year, the cumulative probability of a 25 basis point rate cut is 45.4%, the probability of keeping interest rates unchanged is 47.7%, and the cumulative probability of a 50 basis point rate cut is 6.9%.

Realistic asset agreements have become the fifth largest DeFi category, with a total locked position (TVL) of US $17 billion, surpassing the centralized exchange, mainly driven by token treasury bond bonds, private credit and commodity access to the financial core of the chain. （Cointelegraph）

[The three major U.S. stock indexes fell, Tesla dropped over 3%] U.S. stocks closed on Monday with the Dow Jones down 0.5%, the S&P 500 index down 0.35%, and the Nasdaq down 0.5%. Tesla fell 3.2%, Micron Technology rose 3.4%, Nvidia dropped 1%. The Nasdaq Golden Dragon China Index fell 0.66%, Alibaba dropped over 2%, and NIO rose 5%.

SWAN CEO stated in a CNBC live stream that Bitcoin will reach a historic high next year. （The Bitcoin Historian）

US Congressman French Hill said that without a market structure, a stablecoin bill is like a phone without a network. He emphasized the need for clear rules in the industry, including regulatory frameworks for banks, brokers, and decentralized finance, to ensure normal operations. （CoinDesk）