【December 13, 2024 News from Various Aspects】

Market Aspects

- Bitcoin: On the afternoon of December 13, Eastern Time, Bitcoin rebounded to over $43,000 due to the Federal Reserve signaling interest rate cuts next year, with a 24-hour increase of more than 4%, but still has not returned to the annual high of over $44,300 in early December.

- Ethereum: Rapidly rebounded from the low on December 11, showing strong performance between December 11 and 13, with daily candlesticks from December 10 to 12 closing bullish for three consecutive days, forming a V-shaped reversal with strong upward momentum.

- ETC: On the Coinbase Pro trading platform, the ETC/USD price is 34.5100, with a daily increase of 3.20%. The candlestick shows various patterns, with an Engulfing Bearish pattern appearing at 00:15, but overall still in an upward trend.

- KEY Coin: The highest and lowest price within 24 hours is 0.0 yuan, with a 24H trading volume of 1,130,800 and a transaction amount of 1284.88 yuan, turnover rate of 0.0%.

Market News

- Stablecoins: Tether has minted an additional 1 billion USDT.

- Project Financing: Avalanche completes $250 million private placement financing, with Galaxy Digital and others participating.

- Policy Related: Republican representatives from Texas submitted a bill to establish a Bitcoin strategic reserve; Trump believes the U.S. should establish a cryptocurrency strategic reserve like oil.

- Regulatory Rumor Refutation: Alipay refuted the rumor that "Alipay supports the purchase of cryptocurrencies" as false news.

- Industry Dynamics: Wintermute and DWF Labs are market makers for the launch of the BSC Meme token MONKEY today; suspected Hashkey Capital withdrew 2.146 million OP from Bybit.

- Project Updates: The Xai Foundation announced that its small Sentry Key will be sold for 0.0143 ETH on December 14 at 10:00 on sentry.xai.games, and will airdrop 3 million Sentry Keys to existing Sentry Key holders.

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