• Fed's Waller supports further rate cuts in 2025, dependent on data - [DB]

• US ADP private employment rises by 122K in December, below estimate of 140K - [DB]

• U.S. initial jobless claims at 201K, below the expected 214K and previous 211K - [EI]

• S&P 500 and NASDAQ open down 0.1% - [DB]

• US consumer credit falls by $7.49 billion in November, compared to an estimated increase of $12 billion - [DB]

• S&P 500 rises 0.1%, NASDAQ falls 0.1% - [DB]

• DOJ authorized to sell $6.5B in seized Silk Road Bitcoin - [Zoomer]

• FTX disputes claim that Backpack Exchange, operated by former staff, has acquired its EU entity - [Zoomer]

• Bitcoin ETFs experience $568.8M in net outflows, while Ethereum ETFs see $159.4M in net outflows as of January 8, 2025 - [EI]

• Pound falls 1% against dollar to weakest level since November 2023 - [DB]

• Mantra signs $1 billion deal with Damac Group to support token-based finance in the Middle East - [NN]

• Orderly Network announces it has started providing futures trading infrastructure to Raydium, the largest DEX on the Solana network - [NN]

• CFTC subpoenas Coinbase for customer data related to Polymarket - [Zoomer]

• Lummis set to lead new Senate digital assets committee - [Zoomer]

• Bybit to restrict services in India - [Zoomer]

• U.S. nonfarm payrolls rise by 256,000 (est. 164,000), unemployment rate at 4.1% (est. 4.2%), and average hourly earnings increase by 0.3% (est. 0.3%) - [EI]

• Treasury yields increase following strong December jobs data - [DB]

• US 30-year yield reaches 5% for the first time since November 2023 - [DB]

• Treasury 2- to 10-year yields rise by at least 10 bps in one day - [DB]

• S&P 500 opens 0.7% lower, NASDAQ declines 0.9% - [DB]

• Biden claims the U.S. has achieved a soft landing that many thought impossible - [DB]