MyToken Mid-Term Trading Assistant just detected a sell signal of LTC/USDT at UTC/GMT 16:00:00 pm, Dec. 14, with the sell price at 78.92 USDT. According to the analytical result from Mid-Term Assistant, recently LTC is going weak and showing a downtrend. The next resistance level above is 85.11 USDT. To learn about more trading signals, please go to「MyToken - Assistants - Trading Assistants」💡

According to Odaily Planet Daily, Coinbase CEO Brian Armstrong stated in an article published on the X platform that cryptocurrencies can help create property rights, a sound monetary system, and free trade for everyone, but they are not a panacea and still require institutional reforms such as regulation and the elimination of corruption.

According to Onchain Lens monitoring, a newly created wallet withdrew 300 BTC from Binance, worth approximately $26.7 million.

According to DLNews, South Korea's ruling party had previously called on various ministries and the Financial Services Commission (FSC) to submit a bill regulating the won's stablecoins by December 10. However, the FSC failed to submit the bill on time. A spokesperson for the agency stated that more time was needed to coordinate positions with relevant agencies, and rather than rushing to complete the proposal before the deadline, it would be better to announce the proposal at the same time as submitting it to the National Assembly.

According to an analysis by the Financial Times, the US non-farm payrolls report to be released next Tuesday will include data from October and November, finally providing policymakers and investors with a more complete picture of the US labor market and ending months of partial uncertainty. Following a contentious meeting this week, the Federal Reserve lowered interest rates to a three-year low, with several officials dissenting, the debate centered on whether to prioritize addressing high inflation or a weak job market. Economists at Citigroup pointed out that the upcoming jobs report may release more conflicting signals. The bank expects a loss of about 45,000 jobs in October but an increase of 80,000 in November. Citigroup economists stated that this rebound may be more related to seasonally adjusted data rather than a "real improvement in worker demand." They also predict the unemployment rate will rise from 4.4% to 4.52%, while a Reuters poll of economists showed an unemployment rate of 4.4%. The Fed's own quarterly forecasts indicate a median unemployment rate of about 4.5% by the end of this year. (Jinshi)