Overview of Important Overnight Developments on December 19
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21:00-7:00 Keywords: Fed rate cut, Powell, Ethena Labs, Avara
1. The Fed cuts rates by 25 basis points; 2. BTC falls below $101,000;
3. Powell: The Fed has no intention of holding Bitcoin;
4. Michael Saylor refuses to comment on whether he met with Trump;
5. Trump family crypto project WLFI partners with Ethena Labs;
6. Powell: It may take another year or two to reach the 2% inflation target;
7. Avara completes a new round of financing of $31 million, led by Lightspeed Faction.
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