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Michael Burry criticizes US Federal Reserve's plan to buy $40 billion in T-bills each month on December 11, 2025
On December 11, 2025, investor Michael Burry criticized the US Federal Reserve’s plan to purchase $40 billion in Treasury bills monthly, arguing it signals a banking system increasingly reliant on central bank support. He highlighted bank reserves rising from about $45 billion in 2007 to more than $3 trillion and warned this could lead to permanent balance sheet expansion or effective nationalization of the $40 trillion US debt market. Burry advised avoiding bank stocks and favoring Treasury Money Market Funds for amounts above the $250,000 FDIC limit, while broader markets rallied and Bitcoin fell more than 2%.
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BTC
BTC+2.71%
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XRPL Fees Sink 89%; NYSE Installs Satoshi Nakamoto Statue on December 10, 2025; Bitcoin Registers 3,065% Liquidation Skew
XRPL fee revenue has dropped 89%, with the 90-day average sliding from about 5,900 XRP per day in February to 650 XRP now. On December 10, 2025, the NYSE unveiled a Satoshi Nakamoto statue during Twenty One Capital’s debut. Over a 12-hour span, Bitcoin showed a 3,065% liquidation imbalance, as longs absorbed most of the $81.99 million in liquidations.
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XRP
XRP+2.14%
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Gemini Titan Secures CFTC Nod for U.S. Prediction Market as GEMI Gains 18% in Pre-Market Trade
Gemini Space Station, Inc. said its affiliate Gemini Titan has received approval from the U.S. Commodity Futures Trading Commission to launch a regulated U.S. prediction market offering binary event contracts. Following the license announcement, GEMI climbed 18% in pre-market trading. The approval process began with an application in March 2020, placing Gemini among other regulated event-contract venues.
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Gemini Titan Gains CFTC Approval on 10 December 2025, Shares Surge 18% After Prediction Market Launch Plan
On 10 December 2025, Gemini Space Station, Inc. received authorization from the U.S. Commodity Futures Trading Commission to operate its Gemini Titan prediction market platform, allowing affiliate Gemini Titan, LLC to offer binary event contracts to U.S. customers. Following the announcement, Gemini's pre-market share price rose about 18%, signaling investor confidence in the company's expansion into a regulated U.S. market.
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