Headline
▌ai16z founder: ai16z has no relation to a16z.
ai16z founder Shaw stated on the X platform that ai16z has no relation to a16z. Additionally, Shaw mentioned that AI agents have essentially replaced websites in the social media era, fundamentally representing a value proposition.
▌The total market value of stablecoins increased by 0.45% over the past week.
According to DefiLlama data, the total market value of stablecoins increased by 0.45% over the past week, currently reported at $206.207 billion. Among them, the total market value of USDT decreased by 1.41%, currently reported at $137.561 billion, with a market share of 66.71%.
Market
As of the time of writing, data from Coingecko shows:
BTC recent transaction price is $98,266.00, daily fluctuation +0.4%;
ETH recent transaction price is $3,646.87, daily fluctuation +1.6%;
BNB recent transaction price is $711.97, daily fluctuation -0.6%;
SOL recent transaction price is $216.85, daily fluctuation +0.2%;
DOGE recent transaction price is 0.3932 yuan, daily fluctuation +3.3%;
XPR recent transaction price is $2.44, daily fluctuation +1.1%.
Policy
▌The U.S. Senate will enter the 'confirmation battle' for Trump's cabinet.
President-elect Trump announced the latest nominations for three positions in the new government, including former Fox senior news writer Tammy Bruce as the State Department spokesperson. Since winning the U.S. presidential election in November 2024, Trump has gradually announced his cabinet nominations, and the list of important positions has been released. The next step is for this long list to await Senate confirmation. According to the U.S. Constitution, the president's appointments of senior officials, including government officials and diplomats, require Senate approval to be completed. As Trump begins his second presidential term, over 1,300 official appointments will require Senate approval.
▌Chilean lawmakers are considering legislation regarding strategic Bitcoin reserves.
According to Simply Bitcoin, Chilean lawmakers Gael Yeomans and Juan Santana are considering legislation regarding strategic Bitcoin reserves.
Blockchain applications
▌Moonshot launched ELIZA, OIIAOIIA, and LMT.
According to monitoring, Moonshot has launched the AI concept coin ELIZA, with a current market value of $112 million. Additionally, Moonshot has launched OIIAOIIA, with a current market value of $22.88 million; and LMT, with a current market value of $153 million. It is reported that Moonshot is an app on the App Store that allows the direct purchase and sale of Memecoins using fiat currency, deployed on Solana.
Cryptocurrency
▌Phantom: No plans to launch any tokens.
The official Phantom crypto wallet project stated on social media that Phantom aims to significantly improve how users find new tokens and applications. The team has seen some speculation about airdrops related to this feature, so they clarify that Phantom has no plans to launch any tokens.
▌The U.S. spot Ethereum ETF saw a net outflow of $38.1 million this week.
According to Farside Investors, the U.S. spot Ethereum ETF saw a net outflow of $38.1 million this week.
▌FAI breaks $0.065, with a 24-hour increase of 21.6%.
Market shows that the AI concept coin FAI on the Base chain has broken $0.065, currently quoted at $0.06404, with a 24-hour increase of 21.6%. The market is highly volatile, please manage your risk. Note: The AI gaming project Freysa AI (FAI) interacts with players through a chat interface, where players only need to convince the agent Freysa to hand over the cryptocurrency it controls. Freysa charges increasingly higher fees for each interaction. The fee for sending the first message to Freysa is $10, and the cost of each subsequent message grows exponentially, with an increase of 0.78% (capped at $4,500), priced in ETH on the Base blockchain.
▌JPMorgan: 'Devaluation trade' will continue as the structural importance of Bitcoin and gold increases.
Analysts at JPMorgan, led by Nikolaos Panigirtzoglou, stated in a report on Friday that the gold price appreciation over the past year far exceeds the trends implied by changes in the dollar and real bond yields, likely reflecting the re-emergence of this 'devaluation trade.' They added that record capital inflows into the cryptocurrency market in 2024 indicate that Bitcoin is also becoming a 'more important component' in investors' portfolios. Devaluation trade refers to a strategy where investors turn to assets like gold and Bitcoin to hedge against the devaluation of fiat currencies, which is often driven by factors such as inflation, rising government debt, and geopolitical instability.
Important economic dynamics
▌Today's Fear and Greed Index drops to 72, still rated as Greed.
Today's Fear and Greed Index drops to 72 (yesterday was 73), still rated as Greed. Note: The Fear Index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).
Golden Encyclopedia
▌What is a compressed NFT?
CNFT is a newer type of non-fungible token that uses state compression technology to store data more efficiently on Solana. Unlike traditional NFTs, which store all token metadata directly on-chain or through external links (like IPFS), cNFT optimizes data storage using Merkle trees.
Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational reference only and does not constitute actual investment advice. Everyone should establish correct investment concepts and must raise risk awareness.
