ECONOMIC EVENTS SCHEDULE NEXT WEEK ACCORDING TO US TIME
This week there are not many important events as it falls during Christmas week and the US market is closed on Thursday.
🗓️ TUESDAY, DECEMBER 23
🔸 US GDP reported late for Q3 (Expected 3.2% | Previously 3.8%)
🔸 US Consumer Confidence Index December (Expectations 91.7 | Previously 88.7)
This is an index measuring the confidence level of the American people regarding the economy, employment, and income, which reflects their ability to spend or tighten their wallets in the near future.
🗓️ WEDNESDAY, DECEMBER 24
🔸 The number of initial u

GREG ABEL WILL SOON TAKE OVER BERKSHIRE WHEN WARREN BUFFETT RETIRES FROM THE CEO POSITION
🔸 Greg Abel will become the CEO of Berkshire Hathaway in less than two weeks when Warren Buffett officially steps down from his executive role.
🔸 The biggest advice from Wall Street for Abel is not to try to become the second Warren Buffett, but to focus on running the business well.
🔸 Analysts believe that Abel should improve profits from business operations, cut unnecessary costs, reduce the number of outstanding shares, and be ready to seize major opportunities.
🔸 Unlike Buffett's relatively "h

Let's take a look back at a year full of volatility in the cryptocurrency world—soaring in the market and making bold strides. Every moment is valuable. Check out the Gate Year-End Summary Report 2025 now, review your cryptocurrency journey in 2025 with Gate, and receive 20 USDT when you share. https://www.gate.com/vi/competition/your-year-in-review-2025?ref=XlIXAA9W&ref_type=126&shareUid=XldMU15YBwO0O0OO0O0O

In anticipation of the potential threat of quantum computers to blockchain security in the future, Solana and Aptos have begun preparing to protect their networks.
Solana has partnered with security firm Project Eleven to deploy a testnet using quantum-resistant signatures to test secure transactions without affecting the network.
Aptos has proposed adding an optional quantum-resistant signature for users who require higher security, while maintaining the current system.
Although quantum computers are still far from being powerful enough to break blockchain, major blockchains are proactively p

Many Experts Do Not Fully Trust the Latest CPI Inflation Report
🔸 The US government released a delayed November inflation report with figures significantly lower than expected.
🔸 Overall inflation stands at 2.7% and core inflation at 2.6%, about 3 percentage points lower than many experts anticipated.
🔸 The report was delayed due to government shutdown and October data was canceled, so the statistical agency had to rely on estimated assumptions.
🔸 The biggest issue lies in housing inflation, especially the rent index, where some areas may have been calculated with a 0% increase ( in Octobe

BTC pumped from 87K to 90K within 15 minutes, stayed around this level for about 30 minutes, then dumped down to 86K within 60 minutes.
In the past 4 hours:
- Approximately $193 million in long positions were liquidated
- Approximately $124 million in short positions were liquidated
Both sides were liquidated. This time, no one is favored.#GateLaunchpadKDK #JapanToRaiseInterestRatesInMid-to-lateDecember $BTC $ETH

U.S. UNEMPLOYMENT RATE (NOVEMBER ): 4.6% | Expectations: 4.5% | Previous: 4.4%
NONFARM PAYROLLS (NOVEMBER ): +64,000 | Expectations: +50,000 | Previous: +119,000
HOURLY EARNINGS: +3.5% | Expectations: 3.6% | Previous: 3.8%
🔸 U.S. employment increased by 64,000 in November, higher than forecast, after losing 105,000 jobs in October due to government layoffs and data disruptions.
🔸 The unemployment rate rose to 4.6%, the highest since 2021, indicating the labor market is cooling down, although jobs are still being created.
🔸 Overall job growth remains weak, mainly driven by healthcare and con

$BTC 456 million USD worth of long orders liquidated in the past 5 hours… and there's still no sign of slowing down.

🇬🇧 The UK Will Regulate Crypto Similar to Traditional Assets Starting in 2027
🔸 The UK will regulate cryptocurrencies like Bitcoin under the same regulatory framework as traditional finance from 2027.
🔸 Crypto companies ( including wallet providers ) will be subject to FCA oversight and must meet clear regulatory standards.#CryptoMarketRebound #JapanToRaiseInterestRatesInMid-to-lateDecember $BTC $ETH

ECONOMIC EVENTS SCHEDULE FOR THE WEEK (THIS WEEK
This week's focus will be on US employment data and CPI
🗓️ MONDAY, DEC. 15
🔸 Fed Governor Stephen Miran speaks
🔸 Fed New York President John Williams speaks
🗓️ TUESDAY, DEC. 16
🔸 US November Employment Report )Forecast 50,000 | Previous 119,000(
🔸 US Unemployment Rate )Forecast 4.5% | Previous 4.4%(
🗓️ WEDNESDAY, DEC. 17
🔸 Fed Governor Chris Waller speaks
🔸 Fed New York President John Williams opens remarks
🔸 Fed Atlanta President Raphael Bostic speaks
🗓️ THURSDAY, DEC. 18
🔸 US Weekly Initial Jobless Claims )Forecast 223,000 | Previo

President Trump Creates a Federal AI Law for the Entire United States
🔸 President Trump signs an order to establish a federal AI law for the entire country to prevent each state from setting its own regulations.
🔸 The goal is to help AI companies like OpenAI and Google innovate more easily instead of facing 50 different laws.
🔸 The order requires the formation of a specialized team to deal with non-compliant states and may cut federal funding for violating states.#GateNovTransparencyReportReleased #FedRateCutComing $BTC $ETH

Do Kwon, co-founder of Terraform Labs, was sentenced to 15 years in prison by the New York Court for his role in the stablecoin scam that caused approximately $50 billion in damages to the crypto ecosystem in 2022.
🔸 Kwon was sentenced to 15 years by Judge Paul Engelmeyer (SDNY) for charges of wire fraud, securities fraud, and commodities fraud. This is a harsher sentence than the 12 years proposed by prosecutors and the 5 years suggested by his lawyers.
🔸 Because Kwon pleaded guilty to conspiracy to commit commodities fraud, securities fraud, and wire fraud, along with a wire fraud charge r

Do Kwon, co-founder of Terraform Labs, was sentenced to 15 years in prison by the New York Court for his role in the stablecoin scam that caused approximately $50 billion in damages to the crypto ecosystem in 2022.
🔸 Kwon was sentenced to 15 years by Judge Paul Engelmeyer (SDNY) for charges of wire fraud, securities fraud, and commodities fraud. This is a harsher sentence than the 12 years proposed by prosecutors and the 5 years suggested by his lawyers.
🔸 Because Kwon pleaded guilty to conspiracy to commit commodities fraud, securities fraud, and wire fraud, along with a wire fraud charge r

Bhutan has just introduced TER, a token fully backed by the country's real gold. This token is issued on Solana, enabling fast and transparent transactions.
TER is issued by Gelephu Mindfulness City and sold through DK Bank, Bhutan's first digital bank. The real gold is stored and verified on-chain, allowing investors to hold gold while benefiting from the flexibility of digital assets.
This trend is similar to Kyrgyzstan's recent launch of the USDKG stablecoin backed by gold, showing that many small countries are tokenizing real assets to attract investment and modernize their financial syste

The Fed cut interest rates by 0.25%, but this decision shows that there is significant internal disagreement. The vote was 9 in favor and 3 against, the most dissent since 2019. One member wanted a more aggressive cut, while two members preferred to keep rates unchanged. Therefore, many experts are calling this a "hawkish rate cut."
The Fed also signaled that the pace of future rate cuts will slow down. The "dot plot" chart indicates only one rate cut in 2026 and one in 2027, after which long-term interest rates will stabilize around 3%. Some officials even prefer to hold rates steady next yea

🇨🇳 Chinese Consumer Inflation Rises While Producer Prices Drop
🔸 CPI increased by 0.7%, the highest in nearly 2 years.
🔸 PPI decreased by 2.2%, indicating businesses are still facing difficulties.
🔸 These two indices measure different things, so they can move in opposite directions.
• CPI measures the prices consumers pay.
• PPI measures the prices received by manufacturers.
🔸 Food and service prices are rising due to stimulus measures.
🔸 Conversely, factories are forced to lower prices due to competition and trade pressures.
For example: Flour suppliers are struggling, faci

ECONOMIC EVENTS CALENDAR FOR NEXT WEEK (BY US DATE)
The focus of this week will be the interest rate decision and the press conference with the FED Chair
🗓️ TUESDAY, DECEMBER 9
- US Job Openings Report: forecast 7.2 million | expectation also 7.2 million
🗓️ WEDNESDAY, DECEMBER 10
- FED interest rate announcement at 11:00 AM California time / 2:00 AM Vietnam time on Thursday, December 11 (expected to decrease by 0.25%)
- Press conference with Chair Powell follows about 30 minutes later
🗓️ THURSDAY, DECEMBER 11
- US Initial Jobless Claims forecast 220,000, previous figure was 191,000
🗓️ FRID