Headlines
▌USDC Treasury has burned 50 million USDC on the Ethereum chain.
According to on-chain data tracking service Whale Alert, USDC Treasury burned 50 million USDC on the Ethereum chain about 8 minutes ago.
▌BTC breaks $95,000.
Market data shows that BTC has broken $95,000, now priced at $95,046.16, with a 24-hour increase of 1.53%. Market volatility is significant, please ensure risk control.
Market
As of the time of publication, according to Coingecko data:
BTC's recent transaction price is $94,274.66, with a daily change of +1.0%;
ETH's recent transaction price is $3,348.35, with a daily change of +0.5%;
BNB's recent transaction price is $705.10, with a daily change of +0.6%;
SOL's recent transaction price is $193.78, with a daily change of +2.3%;
DOGE's recent transaction price is 0.3244 yuan, with a daily change of +2.6%;
XPR's recent transaction price is $2.35, with a daily change of +12.6%.
Policy
▌Syria proposes to legalize Bitcoin to promote economic recovery.
According to Cryptopolitan, the Syrian Economic Research Center proposed a plan urging the transitional government to adopt Bitcoin and other digital assets to combat inflation, stabilize the economy, and attract global investment. This plan comes amid significant reconstruction challenges after decades of war and financial disaster in the country. The proposal focuses on using Bitcoin as a lifeline for Syrian citizens and their crumbling financial system. It suggests establishing a regulatory framework to legalize the use of Bitcoin in transactions, mining, and financial transactions.
Blockchain Applications
▌Floki DAO unanimously approved the ETP funding proposal.
Floki DAO voted unanimously to use 16.3 billion Floki tokens as liquidity to support the exchange-traded product (ETP) set to launch in Q1 2025. This product will be listed on the Swiss SIX Swiss Exchange, providing European traditional financial investors access to Floki tokens.
Cryptocurrency
▌Hack VC: Web2 companies will return to the crypto market in 2025.
Hack VC expects more large-scale acquisitions in 2025 due to the ongoing bull market, as web2 companies interested in cryptocurrency may return. Ed Roman, co-founder and managing partner of Hack VC, stated, "Due to the NFT crash and the FTX collapse, these Web2 buyers have been inactive for the past few years, but we expect them to return as cryptocurrency enters a peak season again. Additionally, since these companies often lack expertise or technology in crypto, acquiring some companies is easier than developing their own."
▌Total NFT sales in 2024 reached $8.8 billion, an increase of 1.1% compared to 2023.
According to CryptoSlam data, total NFT sales in 2024 reached $8.8 billion, an increase of 1.1% compared to 2023, indicating that the NFT market remains active. Both Ethereum and Bitcoin blockchains generated $3.1 billion in sales, ranking at the top, while Solana ranked third with $1.4 billion in sales.
▌Aave's deposit amount has reached $33.4 billion, setting a new historical high.
The decentralized finance platform Aave has surpassed $33.4 billion in net deposits, setting a historic high, exceeding the levels seen during the 2021 bull market. In 2024, Aave will launch version 4 and expand its GHO stablecoin to multiple blockchain networks. Additionally, Aave has added support for BNB Chain, Scroll, ZKsync Era, and ether.fi, and plans to introduce Sonic Network, Mantle, Linea, BOB, Spider Chain, and Aptos Network in 2025, pending community approval.
▌Tokens in the AI Agents sector are generally rising, with AI16Z's 24-hour increase reaching 36.1%.
Market data shows that tokens in the AI Agents sector are generally rising, with VIRTUAL currently priced at $4.52 and a 24-hour increase of 14.5%;
AI16Z's current price is $2.14, with a 24-hour increase of 36.1%;
FAI's current price is $0.04616, with a 24-hour increase of 41.4%;
ELIZA's current price is $0.1463, with a 24-hour increase of 16%;
SWARMS's current price is $0.08499, with a 24-hour increase of 12.2%;
Market volatility is significant, please ensure risk control.
Important Economic Dynamics
▌The probability of the Federal Reserve maintaining interest rates in January is 88.8%.
According to CME's "Fed Watch," the probability of the Federal Reserve maintaining interest rates in January is 88.8%, with an 11.2% chance of a 25 basis point rate cut. The probability of maintaining the current rate in March is 49.7%, with a cumulative 25 basis point rate cut probability of 45.3% and a cumulative 50 basis point rate cut probability of 4.9%.
Golden Encyclopedia
▌What are Compressed NFTs?
CNFT is a relatively new 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 via external links (such as IPFS), cNFT uses Merkle trees to optimize data storage.
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 philosophy and be sure to enhance your risk awareness.
