Headlines
▌USDC Treasury mints an additional 400 million USDC.
According to Whale Alert monitoring, in the past 20 minutes, the USDC Treasury has minted a total of 400 million USDC in three transactions (one of 300 million and two of 50 million each).
▌The Korean Senior Public Officials Crime Investigation Office has begun executing the arrest warrant for Yoon Suk-yeol.
At 6:14 AM local time on the 3rd, the Korean Senior Public Officials Crime Investigation Office began executing the arrest warrant for suspended President Yoon Suk-yeol. On December 31, 2024, the Western District Court of Seoul issued an arrest warrant for suspended President Yoon Suk-yeol on charges of inciting rebellion and abusing power. This is the first time an arrest warrant has been issued for a sitting president in South Korean constitutional history. The arrest warrant is valid until January 6.
Market trends
As of the time of writing, according to Coingecko data:
BTC's recent transaction price is $96,940.69, with a daily increase/decrease of +2.8%;
ETH's recent transaction price is $3,448.82, with a daily increase/decrease of +2.9%;
BNB's recent transaction price is $705.06, with a daily increase/decrease of +0.0%;
SOL's recent transaction price is $207.82, with a daily increase/decrease of +7.3%;
DOGE's recent transaction price is 0.3386 yuan, with a daily increase/decrease of +4.3%;
XPR's recent transaction price is $2.41, with a daily increase/decrease of +1.2%.
Policies
▌U.S. Attorney launches additional charges of conspiracy to launder money against Do Kwon.
The U.S. Attorney's Office revealed that Terraform Labs co-founder Do Kwon faces an additional charge of conspiracy to launder money after being extradited from Montenegro to the U.S.
On January 2, a complaint released by the U.S. District Court for the Southern District of New York accuses U.S. Attorney Damian Williams of conspiring to launder money with Do Kwon and others. The money laundering charges were not initially included in the eight charges against Do Kwon in March 2023.
Blockchain applications
▌Starknet: Stwo prover will be launched on Starknet in April 2025.
The Ethereum Layer 2 network Starknet announced on platform X that the Stwo prover will be launched on Starknet in April 2025, which is about 940 times more efficient than the current Starknet prover, and proving will no longer be a bottleneck.
Cryptocurrency
▌44.32 BTC flowed into the Grayscale Bitcoin Trust Fund, worth $4.31 million.
According to Arkham monitoring, around 00:45 Beijing time today, 44.32 BTC flowed from the Coinbase Prime hot wallet address into the Grayscale Bitcoin Trust Fund, worth $4.31 million.
▌VanEck research director: The probability of the U.S. Solana ETF being listed in 2025 exceeds 77%.
The cryptocurrency prediction platform Polymarket previously stated that the probability of the US Solana ETF listing in 2025 is about 77%. VanEck research director Matthew Sigel commented that this prediction is 'underestimated'.
In June 2024, VanEck and competitor asset management firm 21Shares seek permission from U.S. regulators to list a spot Solana ETF. In November of last year, shortly after Trump's victory in the U.S. presidential election, Matthew Sigel stated that the probability of the U.S. approving the SOL ETF in 2025 is 'very high'.
▌DWF Labs: Meme coins have transformed into a vertical market, and the growth trend will continue into 2025.
DWF Labs stated in its year-end report that meme coins have transformed into a 'complex vertical market', representing an 'unprecedented' opportunity to create value. The company noted that the combination of 'social dynamics' and 'financial markets' is not just a temporary trend, but represents a new investment paradigm. For example, Dogecoin, initially a satirical comment on cryptocurrency, has now developed into a complex vertical market attracting significant capital flow and institutional attention.
Additionally, DWF Labs pointed out that the market capitalization of meme coins surged from $20 billion to $120 billion, an increase of 500%. The company believes this trend may continue into the new year.
▌USDC Treasury transfers 300 million USDC to Coinbase
According to Whale Alert monitoring, about 8 minutes ago, the USDC Treasury transferred 300,000,000 USDC to Coinbase.
Important economic dynamics
▌Today's Fear and Greed Index rises to 74, remaining in the greed category.
Today's Fear and Greed Index rises to 74, remaining in the greed category. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market surveys (15%) + the proportion of Bitcoin in the entire market (10%) + Google Trends analysis (10%).
▌Korea is preparing to take decisive measures against market volatility.
According to market news, Korea is preparing to take decisive measures against market volatility. Acting President Choi Sang-mook stated that if market volatility intensifies, instructions will be given to quickly and decisively deploy market stabilization measures.
According to previous reports, the Korean Senior Public Officials Crime Investigation Office has begun executing the arrest warrant for Yoon Suk-yeol. The arrest vehicle for Yoon Suk-yeol has arrived at the road in front of the presidential residence.
▌The offshore RMB against the US dollar has fallen by 42 points compared to the previous trading day's New York closing.
The offshore RMB (CNH) against the US dollar reported 7.3403 yuan at 05:59 Beijing time, down 42 points compared to the previous trading day's New York closing, with overall trading ranging between 7.3161 and 7.3446 yuan.
The onshore RMB against the US dollar (CNY) reported 7.2994 yuan at 03:00 Beijing time, remaining flat compared to the previous trading day's night session closing. The trading volume was $32.638 billion.
▌The probability of the Federal Reserve maintaining interest rates in January is 88.8%.
According to CME 'Fed Watch', the probability of the Federal Reserve maintaining interest rates in January is 88.8%, and the probability of a 25 basis point rate cut is 11.2%. By March, the probability of maintaining the current interest rate is 47.9%, the cumulative probability of a 25 basis point rate cut is 46.9%, and the cumulative probability of a 50 basis point rate cut is 5.2%.
Golden Encyclopedia
▌What is a compressed NFT?
CNFT is a relatively new type of non-fungible token that utilizes state compression technology to store data more efficiently on Solana. Unlike traditional NFTs that store all token metadata directly on-chain or through external links (such as IPFS), cNFT optimizes data storage using Merkle trees.
Disclaimer: Golden Finance, as a blockchain information platform, publishes articles for informational reference only and does not constitute actual investment advice. Please establish a correct investment concept and be sure to enhance risk awareness.
