The 7 days
Week Ahead:
Mon:
Saylor expected announce another BTC purchase
Trump expected to meet with Netanyahu in Florida on phase 2 of the Gaza peace process
Tue: FOMC minutes
Wed: New Year's Eve
ACA subsidies expire in US.
Thu: New Year's Day (Markets Closed)
Fri:
TBA/Whole Week: China-US Tension over Arms Sales To Taiwan; China live-fire drills around Taiwan simulating blockade of major ports in response to US Biggest Arms Deal with Taiwan; China Policy Announcement?; Crypto: Lighter Airdrop?;
What Happened:
Saylor’s Strategy Raises Dollar Reserve, Pauses Bitcoin Purchases
Binance allowed suspicious accounts to operate even after 2023 US plea agreement
Coinbase Acquires The Clearing Company in Prediction Market Push
Thiel-Backed Crypto Hoarder ETHZilla Sells Tokens to Pay Debt
JPMorgan Is Exploring Crypto Trading for Institutional Clients
Crypto .com Hiring Sports Market Maker to Trade Against Customers
Wall Street Takes Tax-Loss Harvesting to the Next Level
Tokyo Inflation Cools More Than Expected, Weakening Yen
The Dollar Capped its Worst Week Sine June
Larry Ellison to Personally Back Paramount Bid for Warner Bros.
Google-Backed Fleet Tracking Firm Motive Files Publicly for IPO
US Economy Expands at Fastest Rate in Two Years
China has officially launched a national venture capital fund and three large regional funds, together worth billions of dollars, as part of a push to foster home-grown tech champions. The National Startup Investment Guidance Fund is backed by 100 billion yuan ($14.3 billion) from the Ministry of Finance through the issuance of ultra-long special sovereign bonds. China is ramping up its push for technological breakthroughs as competition with the US intensifies in areas such as semiconductors.
Chinese AI chatbots reportedly must answer 2,000 questions, prove censorship compliance
Silver Rises to Record Above $80 in Historic End-of-Year Rally
“Stern warning”: China’s military holds live drills around Taiwan
Charts:
