[Bitpush Daily News Highlights] Trump actively hints at Hassett as the next Fed Chair; Bloomberg: Strategy may consider offering Bitcoin lending services in the future; Strategy CEO: Strategy sets up a $1.4 billion reserve fund through stock sales to alleviate Bitcoin selling pressure; Sony may launch a USD stablecoin for payments in its gaming and animation ecosystem.

This article is machine translated
Show original

Bitpush editors select Web3 news for you every day:

Trump actively hints that Hassett will be the next Federal Reserve Chairman.

During a White House meeting, President Trump introduced Hassett, saying that the potential Federal Reserve Chairman was "right here."

In addition, Trump reiterated his criticism of Powell, saying that even JPMorgan Chase CEO Jamie Dimon said Powell should lower interest rates.

[Bloomberg: Strategy may consider offering Bitcoin lending services in the future]

According to Bloomberg, Strategy may consider offering Bitcoin lending services in the future.

[Strategy CEO: Strategy sets up $1.4 billion in reserves through stock sales to alleviate Bitcoin selling pressure]

Strategy CEO Phong Le stated that the company's newly established $1.4 billion reserve will be used to cover short-term dividend and interest expenses, helping the company maintain financial flexibility during periods of market volatility. The reserve, raised through stock sales, aims to alleviate investor concerns that the company might be forced to sell Bitcoin to pay for growing dividends. According to the company's calculations, this reserve can cover approximately 21 months of dividend payments without needing to use its $59 billion Bitcoin holdings.

Sony may launch a USD stablecoin for payments within its gaming and anime ecosystem.

Sony Group plans to issue a dollar-denominated stablecoin next year for U.S. customers to use to purchase content such as games and anime within its digital ecosystem.

This move comes after Sony's banking arm, Sony Bank, applied for a U.S. national banking license in October. The license would allow its subsidiary, Connectia Trust, to engage in "certain designated activities involving cryptocurrencies," including issuing stablecoins pegged to the U.S. dollar, maintaining corresponding reserve assets, and providing custody and digital asset management services.

Sony Bank has partnered with stablecoin company Bastion, which will provide the infrastructure for Sony's stablecoin. Sony Bank hopes that its U.S. customers will be able to use its stablecoin to pay for game subscriptions and other content on the PlayStation platform, a move that will reduce transaction fees associated with credit card payments.

Previously, Sony and its partner Startale Group launched the Ethereum Layer 2 network Soneium in January 2025. Sony Group also operates the PlayStation platform and the Crunchyroll anime streaming service.

JPMorgan Chase : Has become a leading indicator for the entire US market.

According to market sources, JPMorgan, a company with a market capitalization of $4 trillion, stated in a CNBC live broadcast that Bitcoin has now become a leading indicator for the entire US market.

Musk predicts: $38.3 trillion "crisis" could trigger a surge in Bitcoin prices.

According to Forbes, Elon Musk has again warned that the US is rapidly heading towards a "debt crisis" that could trigger dramatic fluctuations in Bitcoin prices. Against the backdrop of traders bracing for potential major policy changes from the Federal Reserve in December, Musk predicts that in the future, "money as a concept will cease to exist," and energy will become the only "real money." In an interview with Nikhil Kamath, Musk stated, "That's why I say Bitcoin is based on energy; after all, you can't create energy through legislation." He also mentioned that "the US is significantly increasing the money supply through a deficit of about $2 trillion." Musk further predicted that within three years, the development of artificial intelligence will cause the growth rate of goods and services output to outpace inflation. "In about three years, the growth rate of goods and services output will exceed the growth rate of the money supply. At that time, there may be deflation, interest rates will drop to zero, and the debt problem will be much smaller than it is now."

Musk helped Trump return to the White House through campaign rallies and warnings about the ever-increasing US debt (currently exceeding $38 trillion), but their relationship deteriorated sharply after Trump failed to control government spending. While Musk's support for Bitcoin and cryptocurrencies has fallen from its peak during the COVID-19 pandemic, he continues to support Bitcoin and Dogecoin. After leaving the White House, Musk stated that his "American Party" would prefer Bitcoin to the US dollar, calling the dollar and other non-asset-backed currencies "hopeless."


Twitter: https://twitter.com/BitpushNewsCN

BitPush Telegram Community Group: https://t.me/BitPushCommunity

Subscribe to Bitpush Telegram: https://t.me/bitpush

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments