Author: Deep Tide TechFlow
YesterdayMarket Dynamics
Economist: U.S. Unemployment Wave Looms, Possibly Forcing the Fed to Cut Rates Five Times This Year
According to a report by Jin Ten Data, David Rosenberg, who previously worked at Merrill Lynch and has been running his own firm, Rosenberg Research, since 2020, said that the U.S. economy will face significant challenges by 2026. The labor market is likely to contract sharply, weakening the economy and forcing the Federal Reserve to respond with substantial interest rate cuts.
The U.S. unemployment rate has risen from 4% at the beginning of 2025 to 4.6% in November 2025. Rosenberg believes the unemployment rate will soon break through 5%, and "it is likely to test 6% by the end of the year." Rosenberg stated that the collapse of the labor market and the resulting recession will force the Federal Reserve to cut interest rates by 125 basis points to 2.25% by the end of the year (i.e., five rate cuts of 25 basis points each).
It is worth noting that Rosenberg's view is far from the general consensus among Wall Street economists, who expect the labor market to remain stable in 2026, with the Federal Reserve carrying out one or two rate cuts. The median forecast by Fed officials is for one rate cut this year. However, the central bank has emphasized that it sees downside risks to the labor market. The Fed's latest staff projections stated, "Weaker labor market conditions and higher economic uncertainty increase the risk that the pace of economic slowdown will exceed expectations."
Semafor: The New York Times and Washington Post were informed of relevant information before the U.S. conducted a secret operation in Venezuela.
According to the American media website Semafor, the New York Times and the Washington Post learned about relevant information before the U.S. secret raid on Venezuela, but delayed their reports at the government's request to avoid endangering U.S. military safety. President Trump approved the operation at 10:46 p.m. on Friday, which ultimately led to the successful capture of Venezuela's president. Despite the tense relationship between the Trump administration and U.S. mainstream media, American media still maintained their traditional restraint in high-risk operations involving national security, with the Washington Post editorial strongly supporting the operation.
Earlier reports indicated that three suspected insider wallets had previously bet on the removal of Venezuelan President Nicolás Maduro, earning a total profit of over $630,000. Influenced by this, U.S. Representative Ritchie Torres plans to propose a bill aiming to prohibit federal officials from using insider information to trade on prediction markets.
Trump Media's short interest has surged sharply, and once it merges with TAE, Trump's personal stake will drop to about 20%.
According to Reuters, data from financial analytics firm S3 Partners shows that short positions for Trump Media & Technology Group have risen sharply recently, increasing by 31% to nearly 16 million shares, approaching the highest level since October, following the company's announcement last month of a proposed all-stock merger valued at $6 billion with TAE Technologies, a fusion energy company backed by Google. It is reported that Donald Trump personally holds approximately 115 million shares in Trump Media, representing about 40% of the company. Due to equity dilution from the merger, Trump's ownership stake would drop to about 20% if the deal with TAE is completed.
The WLFI community passed a proposal to incentivize USD1 adoption through treasury funds, receiving 77.75% support.
The Trump family's crypto project, WLFI, announced on the X platform that a governance proposal to use a portion of unlocked treasury funds to accelerate the adoption of USD1 has passed with 77.75% in favor.
Flow: The network has fully resumed operations. A detailed technical post-mortem report will be released within 48 hours.
According to an official announcement, the Flow network has fully resumed operations. Currently, 99.9% of accounts have regained full operational access across both execution environments. The Flow ecosystem is gradually recovering, and the decentralized finance (DeFi) ecosystem has begun resuming operations. Decentralized exchanges such as KittyPunch and IncrementFi have already resumed operations and are processing transactions. Bridge partners are actively developing recovery protocols and are expected to resume operations following final verification.
Flow officially stated that a detailed technical post-mortem report will be released within 48 hours, including the full attack vector, forensic analysis, and remediation methods. Currently, the network is secure, operational, and processing transactions in both execution environments. A full ecosystem recovery is expected to be completed this week.
Ranger announced that it will launch an ICO on January 7th.
According to an official announcement, Solana-based crypto derivatives exchange Ranger will launch a four-day Initial Coin Offering (ICO) starting at 00:00 UTC+8 on January 7, 2026, with a minimum fundraising target of $6 million. The ICO will be conducted through MetaDAO, allocating 10 million RNGR tokens, representing 39.02% of the total supply. Tokens for ICO participants will be 100% unlocked at TGE, while team tokens will be unlocked upon achieving price milestones.
PwC is increasing its presence in the cryptocurrency sector.
According to a report by the Financial Times, as the Trump administration embraces digital assets, PwC—one of the "Big Four" accounting firms—has decided to increase its investment in the cryptocurrency sector, shifting from years of cautiousness toward digital currencies.
Paul Griggs, the head of PwC in the U.S., said in an interview that this strategic shift occurred last year, against the backdrop of the U.S. appointing crypto-friendly regulators and Congress passing multiple new laws regulating digital assets such as stablecoins.
Griggs stated, "The Genius Act and the regulatory framework surrounding stablecoins, I believe, will enhance market confidence in this product and asset class. Asset tokenization will inevitably continue to evolve, and PwC must be part of this ecosystem."
SlowMist: A Potentially Serious Vulnerability Found in HitBTC Exchange
According to an official announcement from SlowMist, the organization has discovered a potential serious security vulnerability in the HitBTC exchange. SlowMist stated that it had previously disclosed the relevant information to HitBTC via private message, but has not yet received a response.
It is reported that HitBTC is an established cryptocurrency exchange founded in 2013, with a 24-hour trading volume of $111,487,461.
Market News: Blue Origin, owned by Jeff Bezos, Accepts Ethereum for Space Travel Payments
According to Solid Intel, Jeff Bezos' space company Blue Origin has now accepted Ethereum as a payment method for space travel.
Shanghai Procuratorate disclosed a case of official crime involving money laundering through virtual currency, with the amount laundered reaching 1.8 billion yuan.
According to the official WeChat account of the Shanghai Procuratorate, the Baoshan District People's Procuratorate in Shanghai, while handling a case of official crime, successfully initiated 24 cases involving 24 individuals through in-depth financial review and tracing the flow of funds. Prosecutors noted that the case involved a large underground money transfer network with numerous accounts, making the investigation highly complex. The scale of financial transactions was massive, with money laundering reaching up to 1.8 billion yuan. Ultimately, through further investigation and prosecution, the procuratorate effectively cracked down on money laundering activities that used virtual currencies to transfer illicit funds across borders. In response to new and complex money laundering crimes involving underground money transfer networks and virtual currencies, the Baoshan District People's Procuratorate guided the public security authorities to trace through financial accounts, clarify the sources and destinations of funds, secure electronic evidence, and accurately and effectively build cases. This approach ensured the quality and effectiveness of investigations and prosecutions in money laundering cases.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase.
Michael Saylor, the founder of MicroStrategy, once again shared information related to the Bitcoin Tracker and said, "Orange or green?"
According to the previous pattern, Strategy always discloses its Bitcoin purchase information the day after the relevant news is released.
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