According to data from Dedede Think Tank, as of December 29, 2024, at 12:00, there are a total of 16,022 cryptocurrencies in the global digital currency market, with a total market value of $3,425,028,664,759 (approximately $342.50 billion). This week's total market value of cryptocurrencies decreased by about $52.6 billion compared to last week, a decrease of about 1.51%.
The mainstream cryptocurrency market globally declined overall last week.
According to data from Dedede Think Tank, as of December 29, 2024, at 12:00, the mainstream cryptocurrency market overall declined last week.
Among them, the price of BTC fell from $95,104.93 to $94,303.28, a decrease of about 0.84%;
ETH price rose from $3,277.54 to $3,333.50, an increase of about 1.68%;
BNB price rose from $648.70 to $696.18, an increase of about 6.82%;
LTC price fell from $99.56 to $99.30, a decrease of about 0.26%;
DOT price fell from $6.83 to $6.82, a decrease of about 0.15%.
SOL price rose from $180.17 to $185.08, an increase of about 2.65%.
This week, the overall market value of the top 30 cryptocurrencies decreased by about 0.30% compared to last week.
According to data from Dedede Think Tank, as of December 29, 2024, at 12:00, there are a total of 16,022 cryptocurrencies in the global digital currency market, with a total market value of $3,425,028,664,759 (approximately $342.50 billion). This week's total market value of cryptocurrencies decreased by about $52.6 billion compared to last week, a decrease of about 1.51%.
The total market value of the top 30 cryptocurrencies is $3,054,397,197,622 (approximately $305.44 billion), accounting for about 89.18% of the total market value of all cryptocurrencies, an increase of about 0.30% compared to last week.
This week, the number one in market value is BTC, about $186.94 billion, accounting for 60.40% of the total market value, an increase of 1.62% compared to last week.
ETH ranks second, with a market value of about $402.6 billion this week, accounting for 13.90% of the total market value, a decrease of 0.35% compared to last week.
USDT ranks third, with a market value of about $138.8 billion this week, accounting for 4.18% of the total market value, an increase of 0.05% compared to last week.
The rankings of cryptocurrencies in the top 30 showed little fluctuation overall, with the specific distribution of market share shown in the figure below:
This week's top 30 cryptocurrencies are categorized into fields such as public chains, platform tokens, stablecoins, tokens, and DeFi.
The field with the highest share is public chains, accounting for 76.22%, while the second-ranking field is stablecoins, accounting for 5.76%. The distribution of fields for the top 30 cryptocurrencies is shown in the figure below:
This week, there was no significant fluctuation in the share of Bitcoin mining pools.
According to data from Dedede Think Tank, this week Bitcoin produced a total of 1,026 blocks. Among them, the number of empty blocks is 2, accounting for 0.19%. This week, the share of the top 10 Bitcoin mining pools accounted for 94.92% of the total share, with the specific distribution as follows:
Weekly News Review
Industry Progress
Grayscale submits 8-K form for Grayscale Horizen Trust (ZEN) to the SEC.
MicroStrategy will hold a special shareholders' meeting to vote on key proposals such as accelerating the 21/21 plan.
Korean media: Do Kwon is likely to be extradited to the United States.
Binance supports a pilot proposal for Bitcoin payments in Thailand.
BlackRock doubles down on investment in IBIT through its global allocation fund.
U.S. Blockchain Association: Will take action to resist IRS rule changes.
U.S. Treasury and IRS finalize tax reporting requirements for specific cryptocurrency brokers.
Nokia applies for a patent for 'device methods and computer programs' that can encrypt digital assets.
Hong Kong establishes a gold exchange and plans to promote 'digital gold'.
Key topics for U.S. cryptocurrency legislation in 2025 include stablecoin legislation and the FIT21 bill.
Investment and Financing
Elon Musk's xAI announces a list of investors for a $6 billion financing round, including a16z, BlackRock, and Fidelity.
OKX Ventures announces investment in decentralized stablecoin protocol USUAL.
BlackRock doubles down on investment in IBIT through its global allocation fund.
Weekly Policy Review
South Korea's Virtual Asset Market Investigation Committee will formulate sanctions against cryptocurrency market manipulators.
Hong Kong media: Cashing out virtual currencies when returning to the mainland, customs regulations allow each person to carry a maximum of 20,000 yuan.
Bank of Botswana: The local cryptocurrency market has not yet matured but needs stronger regulation.
Russia bans cryptocurrency mining in 10 regions for a period of 6 years.
The Philippines releases comprehensive regulations on cryptocurrency assets, covering disclosure, public offerings, trading, and marketing activities.
The Japanese government made an official response to the Bitcoin reserve plan: The volatility of cryptocurrency assets does not meet the current foreign exchange reserve system.
Investment Calendar
December 23 (Monday)
Vancouver Mayor: Bitcoin has been the best-performing asset over the past 16 years, outperforming gold.
December 24 (Tuesday)
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December 25 (Wednesday)
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December 26 (Thursday)
In November, both BTC and SOL monthly trading volumes hit record highs, while ETH's monthly trading volume decreased by about 50% compared to its peak in 2021.
December 27 (Friday)
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December 28 (Saturday)
Analysis: Ethereum spot ETF net inflows in December hit a record high, possibly paving the way for a rebound in 2025.
Azuki founder: Announcement related to Animecoin is coming soon, there will be no TGE before the end of the year, and the token will launch before the mainnet.
December 29 (Sunday)
Banks in the U.S. and EU accelerate stablecoin plans amid regulatory advancements and growing demand.
