Author: Deep Tide TechFlow.
Yesterday's market dynamics.
Aave considers integrating Chainlink and returning MEV fees to users.
According to a proposal from the Aave governance forum, Aave is considering integrating Chainlink's newly launched oracle, which aims to redirect profits obtained from transaction front-running to users of decentralized finance (DeFi) protocols.
The decentralized oracle provider Chainlink released the Smart Value Recapture (SVR) service yesterday, an oracle service specifically designed to capture maximum extractable value (MEV) profits and benefit DeFi protocols.
Aave estimates that SVR can capture about 40% of MEV profits, which can be transferred to Aave DAO, benefiting users.
Hyperliquid Labs: No attacks from North Korean hackers were suffered; all user funds are recorded.
According to an official announcement, Hyperliquid Labs stated that it is aware of reports regarding alleged activities of North Korean hacker addresses. In fact, Hyperliquid has not suffered any attacks from North Korean hackers—no form of attack has occurred. All users' funds are recorded.
Hyperliquid Labs places great importance on operational security. No party has shared any vulnerabilities. Hyperliquid Labs continues to provide a rich bounty program for vulnerability reporting and follows industry best standards for blockchain analysis.
Previously, someone claimed to be a security party and attempted to contact Hyperliquid Labs. It must be clarified that no one has ever accused Hyperliquid of having any vulnerabilities. This party added a scam account to the group chat and then communicated with us using insults and profanity. Given the level of professionalism they displayed, Hyperliquid Labs confirmed with trusted parties to ensure they are following best practices.
Grayscale announced that it has opened private placements for 22 cryptocurrency trust products, covering multiple mainstream tokens and segments such as DeFi and AI.
Grayscale announced that it has opened private placements of 22 cryptocurrency trust products to qualified investors, including mainstream tokens such as AAVE, AVAX, LINK, SOL, XRP, as well as fund products in the DeFi and AI segments. Investors can subscribe at net asset value (NAV).
The products launched this time include thematic funds such as Grayscale Decentralized AI Fund, Grayscale Decentralized Finance Fund, and single-asset trusts for emerging protocols like Bittensor, Lido DAO, and Optimism.
MicroStrategy announced an increase of 5,262 Bitcoins, bringing its total Bitcoin holdings to 444,000.
Michael Saylor, founder of MicroStrategy, stated on the X platform that MicroStrategy increased its holdings by 5,262 Bitcoins for $561 million, with a quarterly investment return rate of 47.4% and an annual return rate of 73.7%. As of now, the company's total Bitcoin holdings have reached 444,000.
Telegram Founder: In 2024, Telegram's total revenue exceeded $1 billion, achieving profitability for the first time.
Telegram founder Pavel Durov announced on his personal channel that the platform achieved profitability for the first time three years after starting commercialization. In 2024, Telegram's total revenue exceeded $1 billion, with a cash reserve of over $500 million at the end of the year (excluding crypto assets). The platform's core business has seen strong growth, with Premium paid users increasing threefold to 12 million, and advertising revenue achieving multiple growth.
In terms of debt management, Telegram has cumulatively issued about $2 billion in debt over the past four years and has completed some buybacks in the fall of 2024 by taking advantage of bond prices. The platform has launched several innovative monetization features this year, including Stars, Gifts, Giveaways, Mini Apps, Affiliate Platform, Telegram Business, and Telegram Gateway, demonstrating the social platform's ability to achieve financial sustainability while maintaining independence and user rights.
Binance Launchpool launches Bio Protocol (BIO).
Binance announced the launch of its 63rd Launchpool project, Bio Protocol (BIO), a content curation and liquidity protocol in the decentralized science (DeSci) field. Users can participate in a 10-day BIO token mining by locking BNB and FDUSD starting from 00:00 (UTC) on December 24.
In addition, BIO will be listed on Binance for trading on January 3, 2025, at 10:00 (UTC), opening trading pairs BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY, and will be tagged with a seed label.
Matrixport: Currently, the market lacks positive news to support Ethereum's rebound. Next year, Ethereum is expected to welcome new upward opportunities.
Matrixport released today's chart stating that the rebound of Ethereum and other altcoins seems fleeting, making it difficult to sustain a rise. From the trend of Bitcoin's dominance, Bitcoin still firmly holds market discourse power.
The current market lacks obvious positive news to support Ethereum's sustained rebound. Investor sentiment tends to be conservative, and Ethereum's dominance has dropped again. This downward trend has gradually emerged since the launch of the Ethereum ETF in early summer 2024. Even though these funds attracted billions of dollars in inflows, they failed to change the downward trend.
For Ethereum investors, patience may be required. It is expected that in 2025, if the market environment becomes more favorable, Ethereum may welcome new upward opportunities, injecting confidence into the market and reversing the current sluggish state.
Forbes column predicts seven trends in the crypto industry for 2025: G7 or BRICS countries will establish strategic Bitcoin reserves, and the market capitalization of stablecoins will double to $400 billion, among others.
Forbes senior contributor Leeor Shimron released predictions for seven trends in the crypto industry for 2025. The report indicates that following the approval of Bitcoin ETFs in 2024 and the crossing of the $100,000 milestone, the crypto industry will welcome a new round of development opportunities in 2025.
Specific predictions include: 1) The G7 or BRICS countries will establish strategic Bitcoin reserves; 2) The market capitalization of stablecoins will double to $400 billion; 3) The Bitcoin DeFi ecosystem will achieve rapid growth with the help of L2 networks (such as Stacks, BOB, Babylon), with locked amounts expected to exceed the current $24 billion of cross-chain wrapped Bitcoin; 4) Crypto ETF products will expand to Ethereum staking and Solana tracks; 5) Tech giants like Apple and Microsoft may follow Tesla in increasing Bitcoin holdings; 6) The total market capitalization of crypto will exceed $8 trillion; 7) Improved regulatory environment in the U.S. will drive a resurgence in crypto entrepreneurship.
The report suggests that with the new SEC chairman Paul Atkins taking office and the end of Operation Chokepoint 2.0, the U.S. will regain its status as a global center for crypto innovation. The new round of development will be jointly driven by institutional fund entry, DeFi innovation, and regulatory clarity.
Sonic SVM launches a TikTok airdrop campaign, which will airdrop $SONIC to all eligible TikTok users.
The first TikTok App Layer developed by Sonic SVM—SonicX—will airdrop its native token $SONIC to all users who complete registration via TikTok. Relying on Account Abstraction, TikTok users do not need to configure a separate Web3 wallet to experience on-chain interactions directly within the app and receive airdrops on the TikTok side.
Market dynamics.
Recommended reading.
Interpreting Messari's outlook for the crypto industry in 2025: Bitcoin will perform better next year, and the popularity of memes will continue.
The report summarizes the performance of the crypto market in 2024 and predicts development trends for 2025, mainly including the following aspects:
The macro environment is expected to provide strong support for crypto assets, with favorable factors such as a shift in Federal Reserve policy and an improved regulatory environment.
Institutional funds are entering the market on a large scale, with ETF issuance and stablecoin applications driving significant changes in the crypto market landscape.
Meme coins continue to be popular, thanks to sufficient block space and a simplified user experience.
Maintaining an optimistic outlook on the integration of AI and decentralized applications.
Bitcoin's price is expected to benefit from ETF inflows and gradually mature.
Ethereum is facing an identity crisis, but the development of the L2 ecosystem is expected to become the future development direction.
Leading in compliance, stacking traditional resources: Is JOC building an inclusive digital economy based on consumption scenarios?
Japan's public chain JOC is based on consumption scenarios, dedicated to building a compliant, safe, fast, and low-cost blockchain infrastructure that meets Japanese laws, providing a stable, reliable, and compliant Web3 business development environment for enterprises and local governments. JOC has unique advantages in compliance, resource integration, and ecosystem construction, and is expected to become one of the main players during the rapid growth of the Japanese crypto market in 2025. JOC adopts the PoA consensus mechanism to achieve efficient scalability and will launch its native token JOC Coin on six major exchanges on December 23, 2024, providing participation opportunities for global investors.
Things you must know about Story Protocol.
Story Protocol is a Layer 1 blockchain designed for intellectual property, providing infrastructure support for operating intellectual property assets on-chain through programmable authorization, royalties, and dispute resolution features. Story Protocol has broad application prospects in the assetization of AI application scenarios.
Four top investors debate: The successes and failures of the 2024 cryptocurrency market and predictions for 2025.
This article records a discussion and predictions from four top industry investors regarding the development of the cryptocurrency market in 2024. They analyzed and predicted from multiple angles, including the biggest winners, biggest losers, most surprising projects, best mechanism innovations and brand transformations, as well as market trends for 2025.
Blockworks co-founder predicts 27 trends for 2025: the U.S. becoming a crypto hub, and Base being a major competitor to Solana.
2025 Cryptocurrency Market Outlook: The U.S. will regain its status as a global crypto hub, and the integration of AI and crypto will be a mainstream trend.
