Chief Market Strategist Chris Grisanti of NY MAI Capital Management commented on the Fed's interest rate cut, stating that although the cut occurred as expected, future uncertainties have increased. He emphasized that rate cuts should not be taken for granted; only a significant economic slowdown might lead to more cuts, and stock investors prefer the economy to remain robust.

ME Message, December 11 (UTC+8): Recently, mortgage rates have eased, but the trend is not stable. The Federal Reserve does not directly control mortgage rates through the federal funds rate. The mainstream 30-year mortgage rate usually follows the 10-year US Treasury yield, which is influenced by market expectations of future economic conditions and monetary policy. This means that sometimes mortgage rates may diverge from the Fed's decisions to cut rates or keep short-term rates unchanged. For example, when the Fed cut rates in September, market uncertainty about further cuts actually pushed mortgage rates higher. This meeting may not reproduce a similar situation, but its outcome could still impact the 10-year Treasury yield and indirectly influence mortgage rates. Whether investors, potential homebuyers, or homeowners, all are highly focused on mortgage rates. However, the current fluctuations in mortgage rates are affecting the overall housing market outlook.

Structured, not only a solution but also a new language for on-chain finance. Through this language, we look forward to seeing the expansion and reconstruction of the entire digital financial landscape, writing a new chapter for the integration of traditional finance and the blockchain world.
Author and source: AquaFlux
Current Dilemmas in RWA Tokenization
In recent years, a large number of real-world assets (Real-World Assets, RWA) have been introduced into blockchain and tokenized, but the current RWA tokenization still faces many bottlenecks. Many tokenized assets are only on the "blockchain" stage and have not fully utilized the advantages of blockchain. If these assets remain quietly stored in wallets after being on-chain, then the most critical property of DeFi — composability — cannot be demonstrated. The main difficulties in current RWA tokenization include:
・Lack of liquidity: Many RWA token markets have low trading activity,缺乏

Michael Saylor: Bitcoin Gains Official Recognition from the US Government and Will Ultimately Rise to $1 Million
MichaelSaylor Crypto Market Rebound bitcoin SEC

The advancement of the U.S. Cryptocurrency Market Structure Act will define regulatory boundaries for digital assets, potentially attracting more institutional funding and building a clearer market structure. Despite challenges such as DeFi regulation and international standards, this move presents opportunities for global crypto industry participants.

ME Message, December 10th (UTC+8), three months ago, Oracle(ORCL.N)'s strong earnings outlook drove the stock to its best single-day performance in thirty years, but just one quarter later, the situation for the company and the entire AI sector has changed dramatically. Oracle will release its earnings after market close, and its stock has plummeted 33% since hitting a record high on September 10th. AI companies are facing a wave of skepticism due to massive capital expenditures and some partnership arrangements involving circular trading. "They have almost stretched the balance sheet to its limits, free cash flow is negative, and leverage is very high," said Jed Ellerbroek, portfolio manager at Argent Capital Management, which holds Oracle shares. Oracle's debt risk is particularly concerning to investors. In recent months, the company has issued debt directly and indirectly supported projects through various means.

When the Wall Street giants with trillions of dollars in assets under management actually act, their path is far more counterintuitive and practical than you might think.
Author and source of the article: ODIG Invest
Abigail, CEO of Fidelity

ME news, December 10 (UTC+8), according to analyst Murphy's analysis, the BTC profit supply percentage (PSIP) fell below the 65% "boom and bust line" from November 22 to 23, indicating that market sentiment is more dangerous. PSIP has now recovered to 67.6%, but is still in the key range of 65%-70%, upwards or restoration of confidence, downwards may cause panic. Historical data shows that when the PSIP is below 50%, it is usually the bottom area of the bear market. Previously, it was predicted that BTC would need to fall below $59,000 to reach that level, while the latest estimate has been adjusted to below $62,000. Analysts believe that BTC below $62,000 may be a cost-effective layout opportunity, but it is still necessary to wait patiently for market changes. Related Reading: Trading Moment: FOMC Decision Coming Soon, Ratio

ME news, December 10 (UTC+8), U.S. Judge Vernon Oliver granted Kalshi a temporary exemption from law enforcement on Monday after issuing a cease and desist order to Kalshi in Connecticut last week, accusing him of engaging in unlicensed gambling. The Connecticut Department of Consumer Protection (DCP) issued a cease and desist order on December 2 against Kalshi and Robinhood and Crypto.com, accusing them of "conducting unlicensed online gambling, and more specifically, sports betting, in Connecticut through their online sports event contracts." Kalshi sued DCP the next day, saying its event contracts were "legal under federal law" and that its platform was subject to the "exclusive jurisdiction" of the Commodity Futures Trading Commission, and filed a motion on Friday to temporarily halt DCP's actions. (Source.)

Treasury Secretary Scott Bessent has submitted a list of four candidates for the Fed chairman to the White House, with the favorite being former Economic Committee Chairman Kevin Hassett. Trump plans to conduct interviews, with the final decision announced in January. Hassett promised to uphold independence and not blindly listen to Trump.

In the program, Matt conducted in-depth discussions on key topics such as "whether the influence of Bitcoin's four-year cycle is weakening", "institutional funds are accelerating entry", and "whether there is a real risk of being forced to sell Bitcoin in Strategy", and gave his own judgment on Haseeb-Santi's debate on the valuation of L1 public chains, while sharing his views on the growth momentum of the crypto market in the next stage.
Author and source: bitpush
Podcast source: Empire
Broadcast time: December 8, 2025
Guest: Matt Hougan, Chief Investment Officer (CIO) of Bitwise
Compiled and organized: BitpushNews
This article is compiled from the latest episode of the crypto podcast Empire, "Institutional Flows Will."