Based on Chainthink, key developments from 7:00 to 12:00 on December 1 include: 1. Trump announced the selection of the next Federal Reserve Chair; 2. The Fed is set to officially end quantitative tightening today; 3. CoinShares withdrew its ETF applications for XRP, Solana, and Litecoin; 4. BOJ Governor Haruhiko Kuroda signaled a potential rate hike in December; 5. Barclays expects a 25-basis-point Fed rate cut in December, with internal disagreements; 6. Key upcoming events include Powell's speech, U.S. PCE data, and ADP employment report; 7. Ripple received approval from Singapore's MAS to offer fully licensed payment services.
ChainThink Midday Report: Key Crypto and Macro Updates on December 1
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