12 月 11 日，中信证券表示，预计美联储将在 1 月暂停降息，剩余两次鲍威尔作为主席的议息会议共计还有 25 个基点降息。(金十)

<div><p>12 月 11 日，中信证券表示，预计美联储将在 1 月暂停降息，剩余两次鲍威尔作为主席的议息会议共计还有 25 个基点降息。(金十)</p></div>

中信证券：预计美联储将在1月暂停降息

On December 11, CITIC Securities stated that it expects the Federal Reserve to pause interest rate cuts in January, with a total of 25 basis points of rate cuts remaining in the two remaining policy meetings chaired by Powell. (Golden Ten)

<div><p>On December 11, CITIC Securities stated that it expects the Federal Reserve to pause interest rate cuts in January, with a total of 25 basis points of rate cuts remaining at the two remaining policy meetings chaired by Powell. (Golden Ten)</p></div>

CITIC Securities: The Federal Reserve is expected to pause rate cuts in January.

From December 6th to December 12th, Bitcoin's price movement exhibited a clear multi-stage switching pattern, characterized by "breaking support → range-bound trading → rebound breakout → high-level consolidation → rapid recovery." After breaking below the key support level of $90,000, it underwent low-level consolidation and bottoming out, subsequently experiencing a strong rebound driven by macroeconomic interest rate expectations and sentiment recovery, briefly reaching a high of $94,444. The overall price movement range was between...

HashWhale Crypto Weekly Report | Quick Recovery After Key Support Breakdown, Price Returns to High-Level Trading Range (December 6-12)

Recently, Dan Romero, founder of Farcaster, once hailed as a promising contender for Web3 social networking, stated in an open letter that after 4.5 years of exploration, the "social-first" approach has proven unworkable. He added that the company will now focus entirely on wallet product development because "every new and retained wallet user is a new user of the protocol."

This star project, which has raised $180 million in funding and is valued at nearly $1 billion, offers a significant perspective on the battle for entry points in the Web3 industry with its near-admission of failure.

This shift reflects the...

Lessons learned from the $180 million investment: The current entry point for Web3 is not social networking, but the wallet.

Abu Dhabi is laying the foundation for institutional-grade Bitcoin business, while Dubai is integrating payments, stablecoins, and Web3 applications into everyday business scenarios.

Author: Ezra Reguerra
Source: Cointelegraph
Translator: Chang The United Arab Emirates is not choosing between Bitcoin and the broader crypto industry. Instead, it is consciously building both paths simultaneously in different cities, targeting different stages of adoption.

The UAE capital, Abu Dhabi, is positioning itself as a hub for institutional-grade Bitcoin (BTC) infrastructure, focusing on...