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1Bitget Daily Digest (Dec. 11)|The Federal Reserve announced a 25 bps cut to the benchmark rate; Bitmine purchased 33,504 ETH; CBOE has approved the listing and registration of the 21Shares XRP ETF2Conflicted Fed cuts rates but Bitcoin’s ‘fragile range’ pins BTC under $100K3Full text of the Federal Reserve decision: 25 basis point rate cut, purchase of $4 billion in Treasury bills within 30 days
Flash
- 20:45The Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $2.874 billion on Thursday.Jinse Finance reported that the Federal Reserve's overnight reverse repurchase agreement (RRP) usage was $287.4 million on Thursday, compared to $504.5 million in the previous trading day.
- 20:40The New York Fed plans to conduct approximately $40 billion in reserve management purchases in December.ChainCatcher news, according to Golden Ten Data, the New York Fed's operations desk plans to conduct approximately $40 billion in reserve management purchases from December 12 to January 14.
- 20:13dYdX launches spot trading on Solana and opens access to US usersForesight News reported, according to CoinDesk, that the dYdX team is launching its first spot trading product on Solana, which will also be available to U.S. traders for the first time. Previously, the exchange was almost exclusively known for its derivatives market. To attract new users, especially those from the United States, dYdX announced that trading fees will be waived in December.
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