AiCoin Daily Report (December 4)

1. BlackRock deposits 44,140 ETH worth $135.36 million into Coinbase

According to Lookonchain monitoring, BlackRock deposited 44,140 ETH, worth $135.36 million, into Coinbase Prime.

2. Wall Street tries to block Trump from appointing Hassett as Fed Chair

On December 4, Fox Business reporter Charles Gasparino revealed that Wall Street and the U.S. business community are working to dissuade Trump from appointing Kevin Hassett as Federal Reserve Chair. Reasons for opposition include Hassett’s political background (Director of the National Economic Council) and lack of credibility, with concerns that such an appointment could undermine the Fed’s independence, lead to higher long-term rates, and cause internal chaos. If Hassett were to lower short-term rates by a split vote to address inflationary pressures, it could be seen as political interference, trigger inflation, and push up mortgage and consumer rates, thereby affecting economic performance. Other potential candidates include Kevin Warsh and Fed Governor Christopher Waller.

3. Spot gold breaks above $4,230/oz, up 0.6% intraday

4. BlackRock CEO admits past mistake in opposing Bitcoin and crypto

The CEO of BlackRock, which manages $10 trillion in assets, said his views on Bitcoin and cryptocurrencies have changed significantly and admitted that his previous opposition was a mistake.

5. US SEC Chair says continued advancement of tokenization is needed

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission, stated that the SEC needs to continue promoting the development of tokenization.

6. Market bets on near-certain Fed rate cut in December

According to IFR, market positions indicate that a December Fed rate cut is almost certain. November ADP employment is expected to increase by 10,000, far below October’s 42,000. The ADP weekly employment report has recorded negative values for three consecutive weeks. Due to a government shutdown delaying key labor market data, this month’s ADP report is especially important, but it’s still unclear how well the weekly data aligns with actual monthly data.

7. Ethereum mainnet completes Fusaka upgrade, enhancing scalability and security

The Ethereum mainnet has completed the Fusaka upgrade, introducing several improvements aimed at increasing scalability, efficiency, and security.

8. Charles Schwab plans to offer BTC and ETH trading services in early 2026

Charles Schwab, which manages $12 trillion in assets, announced it will launch Bitcoin and Ethereum trading services in early 2026.

The above is a selection of the hottest news from the past 24 hours. For faster updates, please download AiCoin ().