AiCoin Daily Report (December 02)

1. BlackRock transferred 2,156 BTC to Coinbase, valued at $186 million.

According to Onchain Lens monitoring, BlackRock transferred 2,156 BTC to Coinbase, worth approximately $186 million. -Original text

2. Bank of America expects the Federal Reserve to cut interest rates by 25 basis points in December.

The Global Research Division of Bank of America expects that the Federal Reserve will cut interest rates by 25 basis points in December 2025, compared to the previous forecast of no rate cuts. -Original

3. Gold prices may fall to a ratio of 13 times Bitcoin, with increased volatility.

Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, stated that Bitcoin may pull back to $50,000, and the Bitcoin/gold ratio could eventually drop to 13 times. He noted that on December 1, this ratio was about 20 times, while the fair value should be close to 13 times. A key factor driving the ratio's return is the S&P 500's 120-day volatility nearing the lowest year-end level since 2017. McGlone also mentioned that extreme complacency in the market could lead to further declines in risk assets, with Bitcoin potentially being the first to suffer.

4. Japan plans to impose a 20% tax rate on cryptocurrency trading income, with the goal of implementation in 2026.

The Japanese government and the ruling party are advancing the adjustment of the income tax policy on cryptocurrency trading, planning to unify the income tax at a rate of 20%, allowing it to enjoy the same treatment as financial products such as stocks and investment trusts. The new policy is expected to adopt a separate taxation method, no longer merging cryptocurrency trading income with other income such as wages, with the goal of being included in the 2026 tax reform outline, and it is expected to be finalized by the end of the year. Currently, Japan adopts a comprehensive taxation method for cryptocurrency trading income, with a maximum tax rate of 55%. Additionally, the Financial Services Agency of Japan plans to submit an amendment to the Financial Instruments and Exchange Act at the 2026 regular meeting, prohibiting insider trading and requiring cryptocurrency issuers to fulfill information disclosure obligations, while it is also expected that investment trust products containing cryptocurrency components will be lifted in the domestic market.

5. Massimo approved the inclusion of Bitcoin in the long-term treasury strategy reserves, and initial purchases have begun.

The Nasdaq-listed company Massimo announced that its board has approved the inclusion of Bitcoin in the company's long-term treasury reserve strategy and has begun initial purchases. Subsequent holdings information will be disclosed in the 8-K form submitted to the U.S. Securities and Exchange Commission (SEC). Massimo stated that it will invest no more than 10% of the company's total assets in Bitcoin over the next five years.

6. Germany and Switzerland shut down $1.4 billion worth of crypto mixing services, cross-border actions completed.

Germany and Switzerland shut down a $1.4 billion crypto mixing service in a cross-border operation. - Original

7. The Ethereum Fusaka upgrade will take place on December 3, enhancing scalability and decentralization.

The Ethereum Fusaka upgrade is scheduled for December 3rd. This upgrade is a “deep infrastructure” update aimed at improving network scalability, reducing layer 2 Rollup costs, and expanding network capacity and decentralization levels. It is an important step in Ethereum's 2025 roadmap. -Original text

8. A whale deposited 10 million USDC to open a long position of 12,000 ETH, with a total value of 32.8 million dollars.

Today, a whale address 0xa5B0 deposited 10 million USDC into HyperLiquid and opened a long position of 12,000 ETH with 20x leverage, totaling approximately 32.8 million USD, with a liquidation price of 1990.1 USD (Lookonchain). -Original text

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