According to Odaily Planet Daily, the Canadian Imperial Bank of Commerce points out that the non-farm payroll data reflects further weakness in the US labor market; on the other hand, more resilient consumption indicates that demand remains quite favorable. Overall, this could prompt Federal Reserve policymakers who disagreed at the last meeting to reassess their stance, increasing the likelihood of an earlier rate cut in 2026. That said, Goolsby and Schmid were two major opponents who called for keeping rates unchanged last week, but they will be leaving their voting seats next year, likely to be replaced by Hamack and Logan, who are likely to be more hawkish. Therefore, changing their minds and convincing them to cut rates will be a difficult task. However, the cooling labor market will continue to weaken their resolve, as the balanced data evidence weakens the case for the Fed to maintain current rates. Therefore, the possibility of the Fed easing monetary policy earlier than 2026 is increasing. (Jinshi)

Huoxun Finance News, December 17th - According to official sources, Binance will conduct a system upgrade and UTF-8 encoding test on its spot trading platform on December 17th. This upgrade will not affect spot trading or any related functions. During the testing period, users may see some test tokens and test trading pairs. This is normal and routine. Please note that any on-chain tokens with the same or similar names are not officially supported by Binance.

According to Huoxun Finance on December 17, Matrixport deposited 1,000 BTC (worth $86.9 million) into Binance, according to OnchainLens monitoring.

According to data from SoSoValue, Ethereum spot ETFs saw a net outflow of $224 million yesterday (December 16th, Eastern Time). The BlackRock ETF ETHA experienced the largest single-day net outflow at $221 million, bringing its historical total net inflow to $12.87 billion. The Fidelity ETF FETH followed with a net outflow of $2.945 million, bringing its historical total net inflow to $2.644 billion. As of press time, the total net asset value of Ethereum spot ETFs was $18.172 billion, with an ETF net asset value ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.11%, and a historical cumulative net inflow of $12.639 billion.

According to data from SoSoValue, Bitcoin spot ETFs saw a net outflow of $277 million yesterday (December 16th, Eastern Time). The Fidelity ETF (FBTC) saw the largest single-day net inflow of $26.7224 million, bringing its historical total net inflow to $11.972 billion. The BlackRock ETF (IBIT) saw the largest single-day net outflow of $211 million, bringing its historical total net inflow to $62.521 billion. As of press time, the total net asset value of Bitcoin spot ETFs was $114.279 billion, with an ETF net asset value ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.54%, and a historical cumulative net inflow of $57.269 billion.