*US NOV. CONSUMER PRICES RISE 2.7% Y/Y; EST. +2.7%
*US NOV. CONSUMER PRICES RISE 0.3% M/M; EST. +0.3%
*US NOV. CORE CPI RISES 3.3% Y/Y; EST. +3.3%
*US NOV. CORE CPI RISES 0.3% M/M; EST. +0.3%

APPLE IS WORKING ON AI CHIP WITH BROADCOM - THE INFORMATION

FIFA AWARDS 2034 WORLD CUP TO SAUDI ARABIA

TESLA HITS ALL-TIME HIGH

ELON MUSK BECOMES FIRST PERSON TO EXCEED $400 BILLION NET WORTH

TIME MAGAZINE TO NAME TRUMP ‘PERSON OF THE YEAR’: POLITICO

MicroStrategy checks all the boxes for inclusion in the Nasdaq 100 Index. There's just one catch: Bloomberg

*Nasdaq could use the small size of MicroStrategy’s operating business as a reason not to add the company to the index.

*The ICB could choose to reclassify MicroStrategy as a financial stock during the next change in March, according to Bloomberg Intelligence analyst James Seyffart.

*MicroStrategy is now more similar to a commodity or an ETF since it is “essentially a dead company” without its Bitcoin. A large majority of the company is just purely its Bitcoin holdings and the financial machinations around it, so it is a financial company: Michael Lebowitz

*NOTE: Financial companies are ineligible for the Nasdaq 100

CRYPTO EXCHANGE GATE IS NOT HACKED: EXCHANGE

"Deposits, withdrawals, and trading are all currently operating normally - don't believe the rumors": Chief Business Officer of Gate io

Context: a rumor surrounding hack began spreading on social media based on one source, yes just one unverified source.

*MICROSTRATEGY TO JOIN NASDAQ-100 INDEX BEGINNING DECEMBER 23, 2024

[20MIN AGO] MICHAEL SAYLOR HINTS AT ANOTHER BITCOIN PURCHASE, Tweets "is saylortracker missing a green dot ?"

*PREVIOUS SIMILAR TWEETS LED TO ANNOUNCEMENT OF BITCOIN PURCHASE THE NEXT DAY

MICROSTRATEGY ACQUIRED 15,350 BITCOINS FOR ABOUT $1.5B IN CASH AT AN AVG. PRICE OF $100,386 PER BITCOIN BETWEEN DECEMBER 9 AND DECEMBER 15, 2024

As of Dec. 15, 2024, MicroStrategy holds 439,000 BTC, which were acquired at an aggregate purchase price of approx. $27.1B and an avg. purchase price of approx. $61,725 per Bitcoin.

The Week Ahead | @infinityhedge

MON/16:
*Ethena’s announcement, likely related to it’s new stablecoin $USDtb, backed by BlackRock's BUIDL, which is expected to go live today
*Avalanche9000 (ETNA upgrade) to go live on mainnet
*Stacks to open Bitcoin Deposits for sBTC Rollout & Incentive Program

TUE/17:
*PENGU TGE
*Cosmos announcement related to The Role of Cosmos, the Hub, and ATOM
*NEAR Protocol ? announcement

WED/18:
*Fed Interest Rate Decision

THU/19:
*BoJ Interest Rate Decision
*BoE Interest Rate Decision
*Putin to deliver his annual press conference

FRI/20:
*Core PCE
*China: Prime Loan Rate interest rate announcement
*ZRO holders will vote on fee switch proposal, Voting ends Dec 27

Earnings/Charts/Articles ⬎

FED LOWERS INTEREST RATES BY 25BPS

FOMC MEDIAN FORECAST SHOWS 50 BPS OF RATE CUTS IN 2025 TO 3.9%

*FED OFFICIALS NOW SEE INFLATION HITTING 2% IN 2027 VS 2026

*FOMC MEDIAN 2025 PCE INFLATION FORECAST RISES TO 2.5% VS 2.1%

*US RATE FUTURES PRICE IN MORE THAN 90% CHANCE FED WILL HOLD RATES AT JANUARY MEETING

*US RATE FUTURES PRICE IN JUST TWO RATE CUTS IN 2025 AFTER FED EASES BY 25 BPS

*POWELL: WE CAN NOW BE MORE CAUTIOUS IN REDUCING POLICY RATE

POWELL: TODAY WAS A CLOSER CALL BUT THE RIGHT CALL

POWELL: SLOWER PACE OF RATE CUTS REFLECTS EXPECTATION OF HIGHER INFLATION

*POWELL: FED NOT ALLOWED TO OWN BITCOIN

*POWELL: FED NOT LOOKING FOR CHANGE IN LAW ABOUT WHAT WE CAN OWN

NOTE: POWELL HAS SAID MANY TIME BEFORE THAT THEY ARE NOT ALLOWED TO OWN BITCOIN, THIS IS NOT THE FIRST TIME

AFTER HAWKISH FOMC ⚠️

*S&P 500 CLOSES 3% LOWER
*NASDAQ 100 FALLS 3.6%
*GOLD DOWN 2%
*BTC DOWN 4%

The Week Ahead | @infinityhedge | Merry Christmas 🎄⛄️

WEEKLY US SPOT ETF FLOWS:
*BTC: +$449M (record outflow recorded last week)
*ETH: +$63M

US BTC SPOT ETF OPTIONS:
*Total OI Call/Put Ratio(Nominal): 1.87
*Total OI Call/Put Ratio(Delta): 2.54

Macro:
*BOJ governor Ueda speech on 25
*Christmas: US & other markets closed on 25

Crypto:
*Microstrategy will join Nasdaq 100 Index on 23
*⚠️ Alert: MetaMask's Tay warned Hyperliquid (decentralized exchange) about North Korean hackers (DPRK) interacting with the platform, possibly testing for weaknesses. (It's Highly irregular acc. to tay, Especially when it’s not for laundering)
Tay:

DPRK doesn't trade. DPRK tests,

Tbh, if I were the dude managing Hyperliquid's four validators (or those fucking ghetto-ass binaries on GH), I would be shitting my pants right now.

Earnings/Charts/Articles ⬎

Microsoft and OpenAI's Definition of AGI Tied to $100 Billion Profit for Microsoft & Early Investors: The Information

*AGI will be achieved only when OpenAI developed systems that have the ability to generate $100 billion in total profits.