Interpretation of oranges at night 12.4: Trump opens the era of "big water release"! What is the secret behind the negative premium of USDT? The only 10x Alpha here tonight! Too long to watch version (TL; DR): Trump+Dell give shares to newborns=print money in disguised form December interest rate cut is a certainty (94% probability) Binance launches Junior App, starting cryptocurrency trading from a young age? Is the severe negative premium of USDT a trap or an opportunity? Wealth Password: Solana Dark Pool @ humidifi Public Offering Tonight, Must Charge! The era of great release of water may soon come. Trump finally choked off the big move last night, giving US citizens born between January 1, 2025 and December 31, 2028 1000 US dollars of stock to each newborn, naming it the Trump account. The source of funds is tariff income, which is equivalent to forcibly linking tariffs with the stock market and completing the release of water In addition, the founder of Dell also donated $625 million, which is a supplement to Trump's account, and each American child under 10 years old is injected with 250 yuan of stock fund. In fact, it can be seen from these two events that Trump is going to enlarge his moves, which may be because the mid-term elections are not very good now. The previous one-sided advantage states almost lost, and if he does not do so, he will be defeated by the Democratic Party next year. It can be predicted that there will be more moves to be made later. Then the power of Besant, the biggest celebrity in front of Trump, will be further upgraded. Now Hassett is basically stable when he is elected as the next chairman of the Federal Reserve. It is rumored that Besant will serve as the director of the Economic Committee of the White House at the same time, so Besant's power will span the White House and the Ministry of Finance. Besant has recently been promoting the requirements for the length of residence of the chairman of the regional Federal Reserve. This should be to dilute the power of the regional Federal Reserve. With his good brother Hassett as the chairman of the Federal Reserve, the economic helm of the entire United States will be Sichuan. It can be expected that more and faster interest rate cuts and money printing will appear in 2026. Now Wall Street is making a final effort to prevent Hassett from taking the post of Fed chairman. I'm afraid that this guy will act recklessly and cut interest rates crazily, which will destroy the independence of the Federal Reserve. After all, the Federal Reserve has been a bank for decades, but now there are voices. For example, a big short position means that the functions of the Federal Reserve and the Ministry of Finance overlap. There is no need for these two departments to exist at the same time. If they are controlled by Trump, the Federal Reserve may have a weaker voice in the future. Wall Street's pressure is still effective. Hassett's probability of being elected at the polymarket today has dropped from 86% yesterday to 74% Yesterday, there were also positive macroeconomic news. The ADP employment data was much lower than expected, with an expected increase of 10000 new jobs. The published value was -32000, which is the last data before next week's FOMC meeting. The expectation of a rate cut next week has basically been finalized, and the probability of a rate cut by PolyMarket has now reached 94%; In addition, the US ISM Service PMI released last night showed the fastest expansion in nine months, with a seven month low in price indicators and a six-month high in employment index. This data represents an acceleration of expansion and a cooling of prices, which is in line with the Federal Reserve's "soft landing" narrative. Although it has lowered expectations of interest rate cuts, it no longer affects December. Trump's stock speculation began with dolls, and Coin An's was followed by a coin speculation from dolls. Yesterday, He Yi, as co CEO, introduced many policies, first of all, the Junior App, designed for children and adolescents (minors), which is similar to the encrypted version of "Trump Accounts", aimed at letting the young generation access blockchain and investment from an early age. Then YZi Labs announced investments in 17 new projects, focusing on the three major fields of Web3, AI, and biotechnology. Specific project information can be found in this morning's tweet. Yesterday afternoon, Binance took down the spot goods of three projects, namely Fis, Re, and Voxel. Recently, Binance's delisting has accelerated, but many knockoffs are no longer working, which is equivalent to soft rug. Therefore, we look forward to Binance taking down more projects. Today, there is another important data, that is, the OTC USDT commonly used in China, such as Binance and OK, has fallen below 7, with a severe negative premium on the real exchange rate. The real exchange rate should be around 7.07. USDT negative premium usually occurs during periods of currency price decline, but recently there has been a rebound in currency prices. Therefore, this wave may be related to the new policies of the 13 domestic ministries. Many U holders are afraid that the control will become stricter in the future, so they will replace U with RMB in advance. Of course, it may also be to prevent strong regulation of stablecoins and replace U with BTC. In short, this wave of negative premium is still unusual and needs to be observed again. After all, Tether was just downgraded to the lowest weak level by S&P before, Arthur. Wait for the big shots to come out too. In addition, Alipay Huiwang in Cambodia was thunderstruck. There was a conspiracy theory that Huiwang's team deliberately created panic and only panicked for the acquisition of usdt at a low price or half price, so the final harvest was completed. This wave of negative premium of USDT may be caused by multiple effects. I don't think we need to panic. usdt thunderstruck once a year. In terms of shanzhai, tonight's highlight is the public fundraising round of @ humidifi, which is a must-have project. I checked and found that @ humidifi is already the largest dark pool exchange on Solana, with an average daily trading volume of $2 billion. Calculated based on a consumption rate of 0.02%, it earns nearly $400000 per day, which is similar to its launch platform JUP. JUP's FDV is as high as 1.7 billion, and @ humidifi's public fundraising valuation is only 6900w. Even if the final fair market value is half of JUP, there is still nearly 10x of income, so the safety cushion is still very high. Moreover, @ humidifi is one of the few that can earn even without issuing coins recently. The hematopoietic project, so there's no problem with rushing it, compared to big trucks like Aztec and Zama, I think it's much more fragrant.