**Highlights:** 1. Nomura Securities issued a warning: After the new Fed Chair takes office in May next year, they are expected to lead a rate cut in June. However, with the U.S. economy recovering, there may be strong internal opposition within the Fed to further rate cuts. Uncertainty is expected to peak between July and November next year. 2. Trump on the Fed: Considering suing Fed Chair Powell. Powell should resign. I really want to fire him, but his term is almost over. Maybe I’ll end up firing Powell anyway. The new Fed Chair is expected to be announced in January. 3. Market data: BTC dominance dropped 0.01% to 59.53%. Fear & Greed Index: 23. 4. Stablecoins: On December 30, stablecoin inflows totaled $58 million. USDT inflows: $510 million. USDC outflows: $340 million. Current total stablecoin market cap: $270.25 billion. 5. Galaxy released 26 crypto predictions for 2026. Key points: (1) Bitcoin is expected to reach $250,000 by 2027, with prices gradually approaching this level. However, due to wide implied options ranges and unstable macroeconomic conditions, making clear predictions for 2026 remains challenging. (2) The SEC will pave the way for tokenized securities in the DeFi space, allowing legitimate tokenized securities to integrate into DeFi. Formal rulemaking is expected to begin in late 2026.