Morning News List of important developments overnight on December 10
21:00-7:00 Keywords: Huge volatility, Federal Reserve, Coinbase stocks
1. In the past 4 hours, the whole network exploded more than 1.10 billion US dollars, and the main explosion was multiple orders;
2. The Russian State Duma has proposed the establishment of a bitcoin strategic reserve to counter financial risks.
3. The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 85.8%;
4. The crypto market experienced significant fluctuations around 5:00 this morning.
5. The three major indexes of U.S. stocks collectively closed lower, while cryptocurrency stocks generally fell.
620 million USDT transferred from TetherTreasury to Bitfinex;
7. Needham raised his Coinbase stock price target to $420.