1. Analysts expect that on his first day in office, Trump will issue at least 25 executive orders related to cryptocurrency policy, boosting market sentiment.
2. Industry insiders say Trump may push for Bitcoin as a national reserve within months of taking office, and the market is full of expectations.
The founder and CEO of the decentralized telecommunications network Chirp, Tim Kravchunovsky, stated: "As we enter 2025, it will be a historic year for digital assets, as the United States will adopt Bitcoin as a national reserve currency. Despite ongoing uncertainties in this regard, I believe this will happen soon - likely within a few months after the election of President Donald Trump." Additionally, Ed Hindi, Chief Investment Officer of the Swiss cryptocurrency hedge fund Tyr Capital, pointed out that previous expectations for Trump in the crypto market had led to soaring prices; however, investors will closely monitor Trump's actions within the first 100 days of his presidency. If Trump's actions do not align with his statements, it may trigger volatility. - Original Text
3. The usage rate of clean energy in Bitcoin mining has exceeded 50%, and Tesla is expected to accept Bitcoin payments again.
4. The Blockchain Association, a U.S. cryptocurrency lobbying group, has filed a lawsuit against the IRS's new 'broker' regulations.
The U.S. cryptocurrency lobbying group (Blockchain Association) tweeted that a lawsuit has been filed against the IRS and Treasury regarding the new 'broker' regulations. The IRS and Treasury have exceeded their statutory authority by expanding the definition of 'broker' to include providers at the DeFi trading front end, even though they do not execute trades. This not only infringes on the privacy rights of individuals using decentralized technology but also pushes the entire thriving technology overseas. - Original Text
5. Industry organizations are suing the IRS to block regulations that require it to collect user information from DeFi front ends.
The Blockchain Association and two other organizations are suing the IRS to challenge a recently finalized rule that requires DeFi front ends to report user data, including personal information and transaction details, to the agency starting in 2027. The chief lawyer for the advocacy group stated that this requirement will 'drive the entire emerging technology overseas.' The IRS argued in its final rule that tracking DeFi transactions would 'help bridge the information gap on digital assets, thus benefiting tax compliance.' - Original Text
6. The Federal Reserve's reduction of interest rates in 2025 does not hinder the rise of cryptocurrencies and other alternative assets, as market confidence remains strong.
The Federal Reserve implemented its third interest rate cut this month and hinted at fewer rate cuts in 2025 due to unclear inflation prospects, disappointing investors who expected rate cuts to boost corporate profits and valuations, leading to a stock market crash. However, this may not hinder the rise of cryptocurrencies and other alternative assets. Damon Polistina, head of research at investment platform Eaglebrook Advisors, stated that the incoming pro-crypto Trump administration is adding many catalysts that are boosting investor confidence in cryptocurrencies. This month, driven by Trump's friendlier policies, Bitcoin's price surged above $107,000. Damon Polistina added, "Cryptocurrency is widely seen as a risk asset. Therefore, the Fed's rate cuts are positive... Any positive economic data in early January next year will help maintain the momentum we are seeing." - Original Text
7. The U.S. ISM Manufacturing Purchasing Managers' Index (PMI) and initial jobless claims will be the market focus next week.
8. Volatility Shares asset management company submitted an application for a Solana futures ETF, although there are currently no related futures products trading.
Asset management company Volatility Shares has submitted an ETF application that will invest in Solana futures contracts regulated by the CFTC, offering 1x, 2x, and -1x leverage options. This application was even submitted before any such Solana futures products became available for trading. - Original Text
9. The Russian Deputy Prime Minister has requested an analysis of the reasons for energy consumption growth across various regions to understand the impact of cryptocurrency mining.
Russian Deputy Prime Minister Novak has instructed the Russian Ministry of Energy, system operators, and market committees to conduct a systematic analysis of the reasons for energy consumption growth in various regions of Russia. 'It is necessary to understand which regions are growing due to cryptocurrency mining and which are growing due to economic and industrial growth. In regions where electricity growth is related to mining, high-profit enterprises may build their own power generation facilities for their own needs,' Novak said. He stated that this analysis will influence the implementation of new energy capacity construction plans. - Original Text
10. Metaplanet ranked first among Japanese listed companies in stock price returns this year and has become one of the largest Bitcoin corporate holders globally.
The CEO of Japanese listed company Metaplanet, Simon Gerovich, stated on social media that among the 55,000 listed companies worldwide, Metaplanet ranks first in stock price returns in 2024 among companies with a market capitalization of over $250 million and a daily trading volume exceeding $50 million, with a return rate as high as approximately 2600% this year. Metaplanet's stock price has ranked first in Japan this year, with its market capitalization surging by about 6000%, making it one of the largest Bitcoin corporate holders globally, ranked 15th among all listed companies, increasing its Bitcoin reserves from zero to 1761 coins. It officially established itself as a Bitcoin reserve company, with the mission of promoting Bitcoin's popularity, innovation, and growth of shareholder value. - Original Text
11. IntoTheBlock stated that the introduction of Bitcoin staking is expected to bring returns to BTC holders.
IntoTheBlock posted on X platform that Bitcoin supply on EVM chains is significantly increasing in 2024, largely due to the introduction of 'Bitcoin staking,' a mechanism expected to bring returns to Bitcoin holders. - Original Text
12. 64% of futures traders on the Binance platform are betting on a rise in BTC prices.
On-chain analyst Ali disclosed data indicating that 64% of futures traders on the Binance platform are betting on a rise in BTC prices. - Original Text
13. BitMEX updated the weights and index multipliers of the basket index, affecting multiple indices.
According to official news, on December 27, 2024, at 04:00:05 UTC, BitMEX updated the weights and index multipliers of the basket index. The affected indices include: .BMEMEMEXT - Original Text
14. LINK trading volume soared 13 times, significantly increasing market trading activity.
Binance LINK/USDT trading volume soared 13 times within 10 minutes, with a total trading volume of $103 million in the past 24 hours, down 9.60%. A surge in trading volume generally indicates increased market trading activity or large capital buy-sell operations, possibly triggered by significant market changes or news announcements. - Original Text
The above is a selection of hot topics from the past 24 hours. For faster news, please download AICoin (aicoin.com)
