Despite the Fed’s surprise rate cut and QT pause, crypto still dipped as investors parsed Powell’s hints on December. Ryan and David break down the market fallout and the week’s biggest token events—from MegaETH’s oversubscribed ICO and Monad’s airdrop buzz to Polymarket’s token reveal and JPMorgan’s $34 billion Base token valuation.
They also cover Solana ETF prospects, Western Union building a stablecoin on Solana, Circle’s Arc EVM public testnet launch, X402’s 200,000% growth spurt, Trump’s pick for CFTC chair and Trump Media’s new prediction market. Rounding it off are three big themes this cycle: acquisitions, bank-crypto collaborations and looming IPOs for ConsenSys and Securitize.
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