Headlines
▌Musk requests a U.S. court to stop OpenAI from transitioning to a for-profit enterprise
Famous American entrepreneur Elon Musk has requested a U.S. court to stop the U.S. OpenAI Research Center from 'illegally' transitioning to a for-profit enterprise. A spokesperson for OpenAI stated that Musk's filing is 'repetitive and still baseless'. In February this year, Musk filed a lawsuit claiming that he had an agreement with the company's two co-founders when providing funding and other support for OpenAI, stating that OpenAI should be a 'non-profit organization', but OpenAI violated its founding goals and mission to pursue profit. In June, Musk withdrew the lawsuit, only to refile in August. In November this year, Musk escalated his lawsuit against OpenAI, accusing it of attempting to monopolize the generative AI market.
▌BTC surpasses $97,500
Market data shows that BTC has surpassed $97,500, currently reported at $97,512, with a 24-hour increase of 0.66%. The market is volatile, please ensure risk control.
Market
As of the time of publication, according to Coingecko data:
BTC's recent transaction price is $97,181.70, with a daily fluctuation of +0.6%;
ETH's recent transaction price is $3,706.44, with a daily fluctuation of -0.2%;
BNB's recent transaction price is $656.38, with a daily fluctuation of +0.1%;
SOL's recent transaction price is $236.22, with a daily fluctuation of -1.0%;
DOGE's recent transaction price is $0.4398, with a daily fluctuation of +3.9%;
XPR's recent transaction price is $2.31, with a daily fluctuation of +19.4%.
Policy
▌(Wall Street Journal): Once Trump returns to the White House, the U.S. SEC may ease legal actions against cryptocurrency exchanges
Bitcoin.com News stated on platform X that an article from (Wall Street Journal) pointed out that once Donald Trump returns to the White House, the U.S. Securities and Exchange Commission may ease legal actions against cryptocurrency exchanges.
Blockchain Applications
▌Total NFT sales on Solana exceed $6 billion
According to the latest data from CryptoSlam, total NFT sales on Solana have reached $6,008,983,463, with approximately 59,484,312 on-chain NFT transactions, including 5,429,063 on-chain buyers and 2,874,542 sellers.
Cryptocurrency
▌Analysis: The altcoin season may be about to begin
Bitcoin has risen 129% so far this year, driven primarily by the results of the 2024 U.S. presidential election and the halving event in April 2024. Despite the rise in Bitcoin prices, its dominance is declining. On November 30, 2024, Bitcoin's dominance fell to 56.1%. This indicates that Bitcoin investors are taking profits and rotating into altcoins, suggesting that the altcoin season may be about to begin.
▌The total value bridged by Starknet exceeds 950,000 ETH
Dune data shows that the total value bridged by zkSync is 3,736,495 ETH, the total value bridged by Starknet (TVB) is 956,317 ETH, and the total number of bridged user addresses is 1,227,224; the total value bridged by Arbitrum is 4,420,685 ETH, Optimism's total bridged value is 825,631 ETH, and Base's total bridged value is 612,854 ETH.
▌Bitwise CEO: Project teams and market makers should change their thinking to challenge higher market values in a bull market
Bitwise CEO Hunter Horsley stated on social media that the bear market breeds zero-sum thinking, where one profits by taking a share from others in a shrinking cake.
As of November this year, the total market value of cryptocurrencies has surpassed the previous high of $3 trillion in November 2021. The market is entering a period where the cake is getting bigger, and it's time to change the way we think. The winning mindset in this phase is to encourage maximizing the size of the cake, increasing participation, being kind to on-site participants, and supporting teams to maximize their potential and strengths.
Important Economic Dynamics
▌Ethereum returns to the top 30 in global asset market value
According to data disclosed by Cointelegraph on platform X, Ethereum's market value has surpassed that of U.S. membership-based warehouse giant Costco and Vanguard Group, Inc., returning to the top 30 in global asset market value, currently ranked 29th.
Golden Encyclopedia
▌What is an airdrop?
Airdrops are equivalent to surprise gifts in cryptocurrency. Imagine opening a box and discovering coins inside! This is akin to receiving announcements about free tokens or coins from new blockchain projects. Crypto airdrops involve distributing digital assets for free to users' wallets or in exchange for completing simple tasks, such as following the project on social media or joining their online community.
In the cryptocurrency ecosystem, airdrops play a vital role. New projects use airdrops as a marketing strategy to increase visibility and build user bases. They are like free samples in a supermarket, attracting users to try new products. From the user's perspective, airdrops provide an opportunity to acquire new cryptocurrencies with minimal effort and the potential for significant returns. These tokens are not just free giveaways; they are a way to participate in the evolving digital economy.
Disclaimer: Golden Finance, as a blockchain information platform, publishes articles solely for informational reference and does not constitute actual investment advice. Everyone should establish correct investment concepts and raise awareness of risks.
