President Donald Trump is set to announce his choice for the next Federal Reserve Chair by December 3, a move anticipated to influence the crypto market. Speculation suggests Kevin Hassett is the frontrunner, with a 75% probability according to Kalshi traders. The appointment could lead to accelerated interest rate cuts, potentially boosting the crypto sector ahead of the 2026 midterm elections. The Federal Reserve concluded its Quantitative Tightening on December 1, drawing parallels to the 2019 QT end, which had a bullish impact on markets. Meanwhile, Cardano founder Charles Hoskinson emphasized the importance of developing products for retail users, rather than depending on external economic factors.