H.O.D

What happened in Crypto in the last ~24h⏰: - Former NY Fed Repo Guru Mark Cabana: "Powell Will Announce $45 Billion In T-Bill Purchases On Wednesday" - The probability of a 25bp cut is 87%. - President Trump says he has called China's President Xi and approved sales of Nvidia's H200 chip to China. - $PLUME, $JUPITER Coinbase Spot Listing - $STABLE Mainnet is Live - Gensyn will annnounce on Dec 9 - Wall Street’s $500M Ripple Deal Included Guaranteed Returns and Preferential Treatment - Binance Becomes The First Crypto Exchange to Secure a Global License Under ADGM Framework - SEC Concludes Two-Year Investigation Into $ONDO - Strategy($MSTR) acquires 10,624 $BTC for ~$962.7M and now holds 660,624 $BTC - Tether-backed payments startup Oobit expands into US - Degen: Franklin the meme is loved by US public officials - Grasycale Article: Bittensor on the Eve of the First Halving • Former New York Fed expert Mark Cabana predicts that, Fed Chair Powell will announce a $45 billion per month Treasury bill purchase program at the upcoming December FOMC meeting. This plan, set to begin in January 2026, aims to inject liquidity and prevent a further surge in repo market rates. UBS also forecasts a similar $40 billion monthly purchase program. • The Federal Reserve is widely expected to cut its key interest rate next week to give a boost to the faltering job market. ADP showing the largest job loss month in 2.5 years, and 2025 job cuts of -1.1 million to date the sharpest since 2020. Citi economists predict Wednesday’s Fed rate cut may be followed by additional cuts in January and March. • Trump says 25% of $NVDA Chip revenue will be paid to the US and the "same approach" will apply to AMD, Intel, and others. This gives Chinese AI labs chips that outperform anything China can make until ~2028. Prior to the trade war, Nvidia controlled 95% of the ENTIRE AI chip market in China. The China market is partially returning and Nvidia, $NVDA, has already added +$200 BILLION in market cap. • $PLUME, $JUPITER - Coinbase has announced that Plume ($PLUME) and Jupiter ($JUPITER) market will begin on Dec 9, It will begin on or after 9AM PT, if liquidity conditions are met, in regions where trading is supported. • $STABLE - Stable announced today the official launch of the StableChain mainnet, marking a major milestone in the evolution of stablecoin payments. StableChain is the first USDT-native Layer 1 blockchain designed for large-scale, predictable real-world settlement. $STABLE currently has a MC of approximately $2.1B. • There is now a @GensynFND Foundation account on X, and completing the mini-game on its website reveals a message that a major announcement is planned for Dec 9, suggesting that a TGE could be coming soon. • $XRP - Ripple’s $500M share sale at a $40B valuation attracted leading Wall Street institutions and granted them special rights, such as guaranteed-return sell-back options and priority treatment in scenarios like bankruptcy or a sale of the company. • Binance has received full authorization from the Financial Services Regulatory Authority (FSRA) of ADGM to operate its global platform, Binance.com, under a world-class supervisory framework. Three licensed entities – an exchange, a clearing house, and a broker-dealer – will separately perform trading, custody, settlement, and off-exchange activities, mirroring traditional financial-market infrastructure. $ONDO - The SEC inquiry, launched in October 2023 under former Chair Gary Gensler to review Ondo’s compliance with U.S. securities laws in its U.S. asset tokenization, has now been closed, removing a major regulatory obstacle and allowing @OndoFinance to move faster in expanding its U.S. tokenized asset business. • Strategy has acquired 10,624 BTC for ~$962.7M at ~$90,615 per $BTC and has achieved $BTC Yield of 24.7% YTD 2025. As of 12/7/2025, Strategy hodl 660,624 $BTC acquired for ~$49.35 billion at ~$74,696 per bitcoin. • Tether-backed mobile payments app @oobit is partnering with Bakkt to launch in the United States. The tap-to-pay solution integrates with non-custodial wallets like Base, Binance, MetaMusk, Phantom, and Trust Wallet, enabling users to make purchases from their iOS and Android devices. Merchants receive instant fiat payouts through existing Visa rails. • $Franklin - On December 6, Treasury Secretary Scott Bessent quoted a @USTreasury's post “U.S. Treasuries are having their best year since 2020,” using a Franklin the Turtle meme. After U.S.-based users began following the trend, the $FRANKLIN meme coin surged to a new all-time high of $23 million and now undergoing a slight correction. • @Grayscale says, Like Bitcoin, Bittensor’s native token, TAO, follows a four-year halving cycle. The network’s first halving is expected as soon as December 14, 2025, reducing daily token emissions from approximately 7,200 TAO to 3,600 TAO. Bittensor is seeing rising network adoption and rising institutional investment. Grayscale Research believes that the combination of reduced TAO supply growth from the halving and increased TAO demand could serve as a positive catalyst for the Bittensor ecosystem.