1. Hot cryptocurrencies on CEX
CEX trading volume Top 10 and 24-hour rise and fall:
BTC: +1.92%
ETH: +1.96%
XRP: +0.97%
SOL: +4.68%
DOGE: +1.66%
BNB: +0.01%
HBAR: -0.84%
ENA: +5.02%
AVAX: +1.9%
FTM: -1.53%
24H rise and fall rankings (data source OKX):
MAGIC: +16.48%
LAT: +12.42%
UXLINK: +12.39%
CVX: +11.29%
CORE: +9.63%
DGB: +9.58%
BANANA: +8.69%
VELO: +8.3%
PRCL: +7.16%
BZZ: +7.1%
2. Top 5 on-chain popular meme (data source GMGN):
SP00GE
ZEREBRO
DUNA
swarms
Fartcoin
3. Hot search coins in 24 H
SP00GE: A new AI meme, currently valued at about $10 million.
swarms: AI cluster concept token, went live on Binance alpha and Moonshot yesterday, currently valued at about $170 million.
Headlines
Do Kwon pleaded not guilty to fraud charges in Manhattan federal court
Odaily Planet Daily News reported that Terraform Labs founder Do Kwon pleaded not guilty to fraud charges in a Manhattan federal court. Do Kwon submitted his request before U.S. District Judge Robert Lehrburger on Thursday afternoon local time in the U.S. Southern District of New York. Following this, the defense and prosecution will hold a status conference on January 8, 2024, to share evidence and discuss pre-trial motions. Previously, Do Kwon faced nine charges due to his role in the collapse of the Terra ecosystem in 2022, including securities fraud, telecommunications fraud, money laundering charges, and commodity fraud charges. (Cointelegraph)
Solayer announces the establishment of a foundation and the release of the governance token LAYER
Odaily Planet Daily News reported that according to The Block, Solana's re-staking protocol Solayer has established a foundation and launched the LAYER governance token. "To support the next phase of our journey, we are excited to announce the establishment of the Solayer Foundation, an independent non-profit organization dedicated to promoting SVM expansion, the upcoming LAYER token, and the development of the first quarter's staking rewards," Solayer Labs announced on X on Thursday. Solayer is a re-staking protocol based on Solana, whose model draws on Ethereum's EigenLayer protocol. Re-staking allows users to earn additional rewards by re-locking staked assets (AVS, or Active Validation Service) across different protocols, thereby maximizing returns. According to DeFiLlama data, this re-staking protocol currently ranks 12th on the Solana chain.
Industry News
Today, there was a net outflow of 1,658 BTC from the U.S. Bitcoin ETF, with a net inflow of 107 ETH to the Ethereum ETF
Odaily Planet Daily News reported that according to Lookonchain monitoring, today the net outflow of ten Bitcoin ETFs in the U.S. was 1,658 BTC ($161.02 million), of which Grayscale (GBTC) had a net outflow of 1,436 BTC ($139.5 million), currently holding 205,399 BTC, worth $19.95 billion; nine Ethereum ETFs had a net inflow of 107 ETH ($375,000), with Fidelity inflowing 9,500 ETH ($33.15 million), currently holding 471,750 ETH, worth $1.65 billion.
The ETF Store president releases the top five predictions for cryptocurrency ETFs in 2025, including spot Ethereum ETF options and staking
Odaily Planet Daily News reported that Nate Geraci, president of The ETF Store, posted on X stating: "Here are my top five predictions for cryptocurrency ETFs in 2025 (ranked by confidence): 1) Launch of a spot BTC and ETH joint ETF (obvious) 2) Spot ETH ETF options trading 3) Spot BTC and ETH ETF physical creation/redemption 4) Spot ETH ETF staking 5) Approval of a spot SOL ETF. In fact, all of these will happen."
Morgan Stanley E-Trade is exploring the provision of cryptocurrency trading
Odaily Planet Daily News reported that according to market news, Morgan Stanley's trading service E-Trade is exploring the provision of cryptocurrency trading. It is reported that Morgan Stanley E*Trade currently provides clients with brokerage services, private banking, retirement accounts for small and medium-sized enterprises, core portfolio services, etc. Among these, core portfolio services include mixed portfolio management, fixed income portfolios, core portfolios, and financial advisory services specifically offered by Morgan Stanley.
Binance acquires licensed brokerage Sim;paul in Brazil
Odaily Planet Daily News reported that according to official news, Binance has acquired the licensed brokerage Sim;paul in Brazil, with the specific acquisition amount not disclosed. By obtaining full acquisition approval of Sim;paul, Binance can comply more effectively with local regulatory requirements. It is reported that Sim;paul is a licensed brokerage authorized by the Central Bank of Brazil to distribute securities and issue electronic money (EMI).
OKX will soon launch SONIC (Sonic SVM)
Odaily Planet Daily News reported that according to the official announcement, OKX will soon launch SONIC (SonicSVM), with the following schedule: SONIC deposit opening time: January 2, 2025, at 8:30 PM (UTC+8); SONIC aggregate auction time: January 7, 2025, from 7:00 PM to 8:00 PM (UTC+8); SONIC/USDT spot trading opening time: January 7, 2025, at 8:00 PM (UTC+8); SONIC withdrawal opening time: January 7, 2025, at 12:00 PM (UTC+8). (This news was generated with AI assistance)
Binance will launch GRIFFAIN, AI16Z, and ZEREBRO perpetual contracts
Odaily Planet Daily News reported that according to the official announcement, Binance will launch GRIFFAINUSDT perpetual contracts at 1:30 PM (UTC) on January 2, 2025, AI16Z USDT perpetual contracts at 1:45 PM (UTC), and ZEREBROUSDT perpetual contracts at 2:00 PM (UTC), all supporting up to 75x leverage. (This news was generated with AI assistance)
Binance Alpha adds swarms, TAOCAT, and degenai tokens
Odaily Planet Daily News reported that the official page shows that Binance Alpha has announced the tenth batch of project tokens, which are swarms (Solana), TAOCAT (Base), and degenai (Solana) tokens.
Shield: In December last year, the cryptocurrency sector lost approximately $24.7 million due to hacking incidents, a decrease of 71% month-on-month
Odaily Planet Daily News reported that according to monitoring by Shield, in December 2024, there were over 25 hacking incidents in the cryptocurrency sector, resulting in approximately $24.7 million in losses, a decrease of 71% month-on-month, making it the month with the least loss in the year. The top 5 hacking incidents are as follows: LastPass: $12.38 million; Yeifinance: $2.2 million; GemPad: $2.2 million; MEMECoin Drainer: $2.2 million; FEGToken: $1.3 million.
Project News
(Ethereum Weekly News) will cease operations due to the Ethereum Foundation cutting off funding support
Odaily Planet Daily News reported that Evan Van Ness, founder of Ethereum Weekly News (Week in Ethereum News, abbreviated as WiE), posted on X stating: "Due to a conversation with the leadership of the Ethereum Foundation (EF) earlier this year, I announce that this newsletter will cease operations, as communication indicates they believe continuing WiE has no value. In the remaining time of 2024, WiE received very little funding support from the Ethereum Foundation. Although this support was mostly symbolic, the EF leadership's choice to cut off this trivial support clearly indicates that WiE will end immediately."
The Arbitrum Foundation plans to provide funding to support (Ethereum Weekly News) to continue operations
Odaily Planet Daily News reported that Ninal Rong, head of partnerships at the Arbitrum Foundation, stated that the Arbitrum Foundation will provide funding support to (Ethereum Weekly News) to continue operations and will DM its founder to discuss specific matters.
Previously reported, (Ethereum Weekly News) will cease operations due to the foundation cutting off funding support.
Uniswap V4 version is about to be launched
Odaily Planet Daily News reported that Uniswap Labs announced that version V4 is about to be launched.
Starknet: Plans to launch Stwo prover in April 2025
Odaily Planet Daily News reported that Starknet announced on the X platform that it plans to launch the Stwo prover in April 2025, expected to be about 940 times more efficient than the current Starknet prover.
AI architecture protocol arc releases official documentation
Odaily Planet Daily News reported that Tachi, the founder of the team behind arc (AI Rig Complex), posted on the X platform stating that the official documentation for the Rig architecture has been released.
Xterio token economics published, community allocation 28%
Odaily Planet Daily News reported that Xterio announced on the X platform that the token economics has been published, with a total supply of 1 billion tokens. Among them, community allocation is 28%, with 20 million tokens fully unlocked at TGE; ecosystem allocation is 26%, with 20 million tokens fully unlocked at TGE; investor allocation is 15%; team allocation is 12%; 9% of tokens are allocated for marketing, with 15 million tokens fully unlocked at TGE; 4.25% of tokens belong to the treasury, and 5.75% of tokens are used to provide liquidity and staking at TEG. In summary, the initial circulation of XTER is 112.5 million tokens. Previously reported, Xterio stated that TGE will be held on January 8.
Injective will collaborate with Sonic SVM to launch a cross-chain AI agent center this year
Odaily Planet Daily News reported that Injective announced that this year it will collaborate with Sonic SVM to launch a cross-chain AI agent hub, allowing users to seamlessly launch and access AI agents that can cross Solana and Injective.
Investment and Financing
The Solana scaling solution Solaxy raised $7 million in token presale
Odaily Planet Daily News reported that the Solana scaling solution Solaxy has raised $7 million in the presale of its native token SOLX, which aims to be the first Layer-2 built specifically for the Solana blockchain, introducing rollup technology to help solve the network's transaction bottlenecks.
Regulatory Policies
Bloomberg: The new SEC chairman is 'almost certain' to make the regulatory environment for the crypto market less hostile
Odaily Planet Daily News reported that Bloomberg columnists Marcus Ashworth and Mark Gilbert stated key information for 2025: buckle up, it will be a rollercoaster ride. On the question of where the future of Bitcoin lies, they pointed out that Nobel Prize-winning economist Paul Krugman posted on the Bluesky social platform last month, stating that although Bitcoin has surpassed $100,000, there is still no legitimate use case even after 15 years. The recent surge in Bitcoin prices has at least one identifiable trigger: hopes that the Trump administration will take a more lenient stance on cryptocurrencies. This expectation is likely to be realized under the leadership of incoming Securities and Exchange Commission Chairman Paul Atkins, who is believed to have a more friendly attitude towards the crypto market than his predecessor, making the regulatory environment almost certainly less hostile. (Bloomberg)
The Swiss Bitcoin referendum proposal needs to collect 100,000 signatures within 18 months
Odaily Planet Daily News reported that Satoshi Action Fund founder Dennis Porter posted on X stating that Swiss legislator Samuel Kullmann is pushing to include Bitcoin in the Swiss Constitution. This effort essentially requires collecting 100,000 signatures within 18 months to force a vote in the states to pass Bitcoin as part of the Swiss Constitution. He added: "This will require a lot of work, I know this is a long-term goal, but we need to challenge the endpoint when we have motivation." Previously reported, the Swiss Federal Government has officially started reviewing a public initiative proposal named "Building a Financially Robust and Responsible Switzerland (Bitcoin Initiative)". The proposal has been published in the Federal Gazette and is now in the signature collection phase, aiming to incorporate Bitcoin into the Swiss national financial system through a constitutional amendment.
Voices of People
Dragonfly Capital partner: Meme coins will continue to lose market share, replaced by AI Agent coins
Odaily Planet Daily News reported that Haseeb Qureshi, managing partner of Dragonfly Capital, posted on X stating that meme coins will continue to lose market share, replaced by "AI Agent" coins, which is a shift from financial nihilism to financial excessive optimism. Qureshi also stated that the "AI Agent craze" may continue until 2025 but will not last forever. As more advanced AI products emerge, people may lose interest in social media chatbots. According to CoinMarketCap data, the total trading volume of meme coins has decreased by 21.49% in the past 24 hours, while the trading volume of top AI and data tokens has increased by 7.95%. (Cointelegraph)
VanEck research director: The likelihood of the U.S. Solana ETF being listed in 2025 exceeds 77%
Odaily Planet Daily News reported that the cryptocurrency prediction platform Polymarket previously stated that the probability of the U.S. Solana ETF being listed in 2025 is about 77%. Matthew Sigel, head of research at VanEck, stated that this prediction is "underestimated." In June 2024, VanEck and rival asset management firm 21 Shares sought permission from U.S. regulators to list a spot Solana ETF. Shortly after Trump's victory in the U.S. presidential election in November last year, Matthew Sigel stated that the likelihood of the U.S. approving the SOL ETF in 2025 is "extremely high."
Skybridge Capital founder: The U.S. Senate will approve the Bitcoin purchasing plan, but it is unlikely to purchase 1 million BTC
Odaily Planet Daily News reported that Anthony Scaramucci, founder of Skybridge Capital, stated in an interview with Bankless that the U.S. Senate will approve a large-scale Bitcoin purchasing plan because "Trump hopes that the plan can be realized, and he has gained the support of the Senate Banking Committee." Anthony Scaramucci revealed that Senator Cynthia Lummis' previously proposed strategic Bitcoin reserve bill has received enough support, although he thinks that the bill's purchase of 1 million BTC is unrealistic. He expects the U.S. government will retain the current holding of about 200,000 BTC and then purchase 400,000 to 500,000 BTC.
DWF Labs: The growth trend of meme coins may continue into 2025
Odaily Planet Daily News reported that DWF Labs pointed out in its year-end report that meme coins have transformed into a "vertical market," representing an "unprecedented opportunity" for value creation. The company stated that meme coins combining "social dynamics" and "financial markets" is not just a passing trend but represents a new investment paradigm, such as Dogecoin, which was initially a satirical comment on cryptocurrencies but has now evolved into a vertical market attracting significant capital flow and institutional attention. Additionally, DWF Labs noted that the market value of meme coins surged from $20 billion to $120 billion, a growth of 500%, and the company believes that this trend may continue into the new year. (TheBlock)
Satoshi Action Fund co-founder: A certain state in the U.S. will begin purchasing Bitcoin within 4 months
Odaily Planet Daily News reported that Satoshi Action Fund co-founder and CEO Dennis Porter posted on X stating that it is almost 100% certain that a certain state in the U.S. will start buying Bitcoin, with the specific state to be revealed in the next four months. He also mentioned that his team is actively pushing for the passage of relevant legislation, which is not merely a prediction but a real progress that is happening.
