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 serving as value propositions.
▌The total market cap of stablecoins increased by 0.45% over the past week
According to DefiLlama data, the total market cap of stablecoins increased by 0.45% over the past week, currently reported at $206.207 billion. Among them, the total market cap 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 this report, according to Coingecko data:
The recent transaction price of BTC is $98,266.00, with a daily fluctuation of +0.4%;
The recent transaction price of ETH is $3,646.87, with a daily fluctuation of +1.6%;
The recent transaction price of BNB is $711.97, with a daily fluctuation of -0.6%;
The recent transaction price of SOL is $216.85, with a daily fluctuation of +0.2%;
The recent transaction price of DOGE is 0.3932 yuan, with a daily fluctuation of +3.3%;
XPR's recent transaction price is $2.44, with a daily fluctuation of +1.1%.
Policy
▌The US Senate will enter the 'confirmation battle' time for Trump's cabinet
The elected US president 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 US presidential election in November 2024, Trump has successively announced his cabinet nominees, and the list of key positions has been released. Next, this long list only awaits Senate confirmation. The US Constitution stipulates that presidential appointments of key government officials, ambassadors, and other senior officials require Senate approval to be completed. As Trump is about to begin his second presidential term, over 1,300 officials' appointments will need Senate approval.
▌Chilean legislators are considering legislation on strategic Bitcoin reserves
According to Simply Bitcoin, Chilean legislators Gael Yeomans and Juan Santana are considering legislation on strategic Bitcoin reserves.
Blockchain applications
▌Moonshot has launched ELIZA, OIIAOIIA, and LMT
According to monitoring, Moonshot has launched the AI concept coin ELIZA, with a current market cap of $112 million. Additionally, Moonshot has launched OIIAOIIA, with a current market cap of $22.88 million; and LMT, with a current market cap of $153 million. It is reported that Moonshot is an application on the App Store that allows users to buy and sell Memecoins directly with fiat currency, deployed on Solana.
Cryptocurrency
▌Phantom: There are no plans to launch any tokens
The official crypto wallet project Phantom stated on social media that Phantom aims to significantly improve the way 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 tokens.
▌The US spot Ethereum ETF saw a net outflow of $38.1 million this week
According to Farside Investors' monitoring, the US spot Ethereum ETF saw a net outflow of $38.1 million this week.
▌FAI broke through $0.065, with a 24-hour increase of 21.6%
Market data shows that the AI concept coin FAI on the Base chain has broken through $0.065, currently quoted at $0.06404, with a 24-hour increase of 21.6%. The market is highly volatile, please ensure proper risk control. Note: The AI gaming project Freysa AI (FAI) interacts with players through a chat interface, where players only need to persuade 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 fee for each subsequent message increases exponentially by 0.78% (capped at $4,500), priced in ETH on the Base blockchain.
▌JPMorgan: 'Devaluation trades' 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 appreciation of gold prices over the past year has far exceeded the trends suggested by changes in the dollar and real bond yields, likely reflecting the re-emergence of this 'devaluation trade'.' They added that the record capital inflow into the cryptocurrency market in 2024 indicates that Bitcoin is also becoming 'a more significant component' in investors' portfolios. The 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 has dropped to 72, still rated as greed
Today's fear and greed index has dropped to 72 (yesterday it was 73), still rated as greed. Note: The fear index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google trends analysis (10%).
Jinse Encyclopedia
▌What is a compressed NFT?
CNFT is a relatively new non-fungible token that utilizes state compression technology to store data more efficiently on Solana. Unlike traditional NFTs, which store all token metadata directly on-chain or via external links (such as IPFS), cNFT uses Merkle trees to optimize data storage.
Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles solely for informational purposes and does not constitute actual investment advice. Please establish correct investment concepts and be sure to enhance risk awareness.