[Bitu Daily News Selection] The probability of the Fed lowering interest rates by 25 basis points in December rises to 80%; Trump orders the launch of the "Genesis Mission" plan to vigorously promote the AI research revolution; Fed's Daly: The job market may suddenly deteriorate, supporting a rate cut in December; Bloomberg analysts: Bitcoin ETF shows signs of stabilization, IBIT shorting interest falls to a six-month low.

Daily selected Web3 news for you by the BitPush editor:

[The probability of the Federal Reserve lowering interest rates by 25 basis points in December rises to 80%]

According to Bitpush news, the CME “FedWatch” indicates that the probability of the Federal Reserve cutting interest rates by 25 basis points in December is 82.9% (up from 69.4% yesterday), while the probability of keeping rates unchanged is 17.1%. The probability of the Federal Reserve cumulatively cutting rates by 25 basis points by January of next year is 65.4%, with a 12.5% probability of keeping rates unchanged and a 22% probability of cumulatively cutting rates by 50 basis points.

[Trump orders the launch of the “Genesis Mission” plan, vigorously promoting the AI research revolution]

According to a report, the White House stated that U.S. President Trump signed an executive order related to artificial intelligence research: “Genesis Mission,” to accelerate innovation in artificial intelligence and directed the creation of an artificial intelligence platform to leverage federal scientific datasets. Michael Kratsios, the director of the White House Office of Science and Technology Policy, referred to it as “the largest integration of federal research resources since the Apollo program.” He stated that the initiative is expected to accelerate research breakthroughs in fields such as medicine, energy production, and engineering.

Energy Secretary Wright emphasized that artificial intelligence will be used to analyze the vast datasets held by its 17 national laboratories, and committed to “significantly accelerating the pace of scientific discovery and innovation.” According to the executive order, agencies are required to make their datasets more compatible with AI tools such as neural networks, and government-held research data along with federal computing infrastructure will be open to university researchers, private enterprises, and national security personnel.

[Fed's Daly: The job market may suddenly deteriorate, supporting a rate cut in December]

According to reports from BitPush and The Wall Street Journal, the President of the San Francisco Federal Reserve, Daly, who is a voting member of the FOMC in 2027, stated that she supports a rate cut next month as she believes the likelihood of a sudden deterioration in the labor market is greater and more difficult to control than a sudden rise in inflation. In an interview on Monday, she said, “I don't have confidence that we can stay ahead in the labor market. The labor market is now sufficiently weak, and the risk is of a non-linear change occurring.” She indicated that, in contrast, the risk of an inflation outbreak is lower because the cost increases driven by tariffs are much more moderate than previously expected earlier this year.

Daley's perspective is worth noting. Although she does not have a vote on monetary policy this year, she rarely disagrees publicly with Federal Reserve Chairman Powell. At the meeting on December 9-10, Daley may play a key role in addressing the internal disagreements within the rate-setting committee regarding whether to cut rates or pause rate hikes.

[Bloomberg Analyst: Bitcoin ETF Shows Signs of Stabilization, IBIT Short Interest Falls to Six-Month Low]

According to BitPush news, recent positive signals have emerged in the Bitcoin market. Bloomberg analyst Eric Balchunas disclosed that short interest in BlackRock's spot Bitcoin ETF (IBIT) has plummeted to its lowest level since April, indicating that shorts are massively covering. Despite a net outflow of $1.9 billion from global crypto ETPs last week, with the U.S. Bitcoin ETF accounting for $1.2 billion, signs of a turnaround are appearing in the market: on Friday, there was a net inflow of funds for the first time in a week, with Bitcoin currently priced at $88,600. Analysts pointed out that long-term holders are seizing the opportunity to accumulate.

Balchunas emphasized that Bitcoin has a “100% recovery record,” rebounding over 50% in just two months after the sharp drop in April. The current market is in a phase of thin liquidity consolidation, with traders expecting fluctuations in the $85,000 to $90,000 range.

[Franklin Templeton Launches XRP ETF on NYSE Arca]

According to news from Bitpush, Franklin Templeton launched its XRP exchange-traded fund (ETF) - Franklin XRP Trust (XRPZ) - on the Arca platform of the New York Stock Exchange on Monday, providing investors with a regulated avenue for trading XRP tokens. This move marks the formal entry of one of Wall Street's oldest institutions into the growing ranks of XRP fund issuers, which previously included companies such as Bitwise, Grayscale, and Canary Capital.

The launch expands Franklin Financial's cryptocurrency product line. The company currently manages ETFs linked to Bitcoin (EZBC), Ethereum (EZET), Ripple (XRPZ), and its diversified digital asset fund (EZPZ), allowing traditional investors to access a broader range of crypto assets without having to self-custody.

[Citigroup: Maintains Bitcoin target of $181,000 within 12 months unchanged]

According to Bitpush news, Citigroup analyst Alex Saunders pointed out that $80,000 is a key level for Bitcoin ETF holders and stated that breakthroughs in regulation next year could restore demand. Therefore, the bank maintains its target price for Bitcoin over the next 12 months at $181,000. Alex Saunders stated that people's interest has not disappeared, but long-term holders are cautious, while newcomers believe there is not much reason to get involved when Bitcoin's trading price is below key technical levels.