Headline
OpenAI has discussed manufacturing a humanoid robot.
In the past year, OpenAI has rekindled interest in robotics: investing in startup companies that develop robotic hardware and software, such as Figure and Physical Intelligence, and restarting its internal robotics software team that was disbanded four years ago. Now, OpenAI may elevate this interest to a new level. According to two individuals directly familiar with the discussions, the company has recently considered developing a humanoid robot. However, do not get too excited; one informed person stated that any potential humanoid robot seems to be a lower priority for OpenAI compared to many of its other technologies and products, such as its acclaimed reasoning models and agents that assist in automating various software engineering and analytical tasks. Nevertheless, the fact that OpenAI is even considering the development of humanoid robots highlights its growing ambitions to venture into various fields ranging from search and web browsers to server chips and data center planning.
Data: Only 7 out of 25 listed mining companies achieved positive returns by the end of 2024.
As of December 24, Bitcoin is up 113% in 2024. According to the hash rate index and Google Finance data, most listed mining companies are experiencing a downward trend in stock prices at the end of 2024, with declines of up to 84%. Among the 25 listed mining companies in this index, only 7 achieved positive returns.
As of the time of publication, Bitdeer (BTDR) is up 167%, Cipher (CIFR) is up 33%, Hut 8 (HUT) is up 91%, Iris Energy (IREN) is up 72%, Northern Data (NB2) is up 58%, Core Scientific (CORZQ) is up 327%, and TeraWulf (WULF) is up 169%.
On the other hand, Argo Blockchain (ARB) is down 84%, followed by Sphere 3D (ANY) down 69%, MARA Holdings (MARA) down 12%, Hive (HIVE) down 29%, Greenidge (GREE) down 74%, Bitfarms (BITF) down 44%, and BitFufu (FUFU) down 18% (just to name a few).
Overall, 2024 is a year for Bitcoin mining companies to adapt to changes, as they addressed the issues of reward reduction and increasing costs while seeking new revenue sources to maintain operations.
Bitcoin miners' cumulative revenue exceeds $71 billion. According to Blockchain.com data, miners' revenue on December 22 was $42 million, while the peak in April exceeded $100 million.
Market Situation
As of the time of publication, according to Coingecko data:
BTC's latest transaction price is $98,534.17, with a daily fluctuation of +4.3%;
ETH's latest transaction price is $3,487.23, with a daily fluctuation of +2.3%;
BNB's latest transaction price is $696.82, with a daily fluctuation of +0.9%;
SOL's latest transaction price is $196.78, with a daily fluctuation of +3.9%;
DOGE's latest transaction price is 0.3359 yuan, with a daily fluctuation of +4.2%;
XPR's latest transaction price is $2.31, with a daily fluctuation of +2.8%.
Policy
The US, UK, and EU are stepping up cryptocurrency tax regulation, and investors need to be aware of key tax rates and compliance requirements.
The US, UK, and EU are strengthening tax regulation on cryptocurrencies, which has significant implications for investors. In the US, cryptocurrencies are considered digital assets, and selling or trading them is subject to capital gains tax, with rates depending on holding time and income level; miners and staking income are subject to income tax, and starting in 2025, exchanges will be required to report user data. In the UK, the sale or exchange of crypto assets is subject to capital gains tax, with a maximum rate of 24% and an exemption of £3,000 per year; mining income and crypto salary income are subject to income tax and national insurance contributions. In the EU, tax rates vary by country, for example, Germany exempts those holding for more than a year, while Spain's rate is as high as 28%; the MiCA regulation, effective in 2025, will unify some rules and enhance tax transparency.
Blockchain Applications
Humanity Protocol: Has noticed the issue of testnet private key storage and will resolve it as soon as possible.
The blockchain identity verification platform Humanity Protocol responded on X to Slow Mist founder Yu Xian, thanking him for the feedback on the testnet's storage issue of private keys in plain text in the browser, acknowledging the problem and stating that it will be resolved as soon as possible and will inform users.
According to previous news, Slow Mist founder Yu Xian stated on X, "The Humanity Protocol project party has stored the private key in plain text directly in the browser's sessionStorage, which is a low-level high-risk error. Fortunately, it is currently only on the testnet and has not caused actual harm."
Cryptocurrency
Since November 5, the value of COIN stocks held by Coinbase CEO has increased by nearly $2 billion.
Coinbase CEO Brian Armstrong sold company stock for several weeks, cashing out approximately $437 million following Donald Trump's election as president and the victory of pro-cryptocurrency lawmakers. Due to the optimistic sentiment that emerged after the election results, the stocks he sold appreciated by $129 million compared to their pre-election valuation.
According to the latest SEC filings, Brian Armstrong still holds more than 10% of Coinbase, with approximately 24 million shares in his trust fund valued at about $6.4 billion, an increase of nearly $2 billion since November 5.
Murad: The number of PEPE holders with over $1000 ranks first among all meme communities.
Meme coin KOL Murad released a chart indicating that the number of holders with over $1000 in their positions can serve as a useful indicator of belief in the Memecoin community; the more holders, the more active the community. Among them, the number of users holding over $1000 in PEPE is 77,145, ranking first among all meme communities, accounting for 21.5% of the total PEPE community. The number of users holding over $1000 in WIF is 24,147, ranking second, followed by SPX6900, POPCAT, and MOG.
Greeks.live: Liquidity in the crypto market is weakening during the Christmas holiday, and the Bitcoin $84,000 option pain point may become ineffective.
Analyst Adam from Greeks.live stated that while the North American and European markets have entered a Christmas holiday break, the cryptocurrency market has seen a significant rise driven by Bitcoin. Due to poor market liquidity during the Christmas holiday to year-end delivery period, the required momentum for price fluctuations is minimal.
In terms of options, short-term implied volatility (IV) has decreased compared to the previous day, and market makers are nearing the end of the rolling process, with IV expected to remain stable until year-end. Currently, the largest option pain point for Bitcoin is at $84,000, and for Ethereum, it is at $3,000; these annual maximum pain points may become ineffective as in previous years.
Data: The number of wallets holding 10-1,000 BTC reached 150.13 million.
Santiment posted on X, stating, "As we approach Christmas, Bitcoin and altcoins are recovering well. Bitcoin has rebounded to a high of $99,000, with traders hoping for a $100,000 Christmas gift. Here is the number of BTC wallets categorized by size:
0-0.1 BTC wallets: 50.17 million
0.1-10 BTC wallets: 4.31 million
10-1,000 BTC wallets: 150.13 million
1,000+ BTC wallets: 2,050
Especially in the last two groups, as long as their numbers rise and continue to accumulate, the bull market is likely to persist, just as they have done throughout 2024.
Glassnode: Solana has maintained positive net capital inflows since early September 2023.
Glassnode posted on X stating, "We have observed that since early September 2023, Solana has maintained a positive net capital inflow, with only a small outflow during this period. This continuous influx of liquidity has helped stimulate Solana's growth and price increase, reaching a significant peak of $776 million in new funds inflow per day."
Important Economic Dynamics
The probability of the Federal Reserve maintaining interest rates in January next year is 91.4%.
According to CME's "FedWatch", the probability of the Federal Reserve maintaining interest rates in January next year is 91.4%, with an 8.6% chance of a 25 basis point rate cut. The probability of maintaining the current rate unchanged by March next year is 52.1%, with a cumulative 25 basis point rate cut probability of 44.2% and a cumulative 50 basis point rate cut probability of 3.7%.
Onshore RMB against the US dollar has risen by 24 points compared to Monday's night session.
Onshore RMB against the US dollar (CNY) closed at 7.2946 yuan at 03:00 Beijing time, up 24 points from Monday's night session.
The dollar index rose by 0.15% on December 24.
The dollar index, which measures the dollar against six major currencies, rose by 0.15% that day, closing at 108.200 at the end of the foreign exchange market. As of the end of the New York foreign exchange market, 1 euro exchanged for 1.0394 dollars, down from the previous day's 1.0412 dollars; 1 pound exchanged for 1.2532 dollars, down from the previous day's 1.2535 dollars. 1 dollar exchanged for 157.32 yen, up from the previous day's 157.10 yen; 1 dollar exchanged for 0.9006 Swiss francs, up from the previous day's 0.8985 Swiss francs; 1 dollar exchanged for 1.4367 Canadian dollars, down from the previous day's 1.4372 Canadian dollars; 1 dollar exchanged for 11.0923 Swedish krona, up from the previous day's 11.0322 Swedish krona.
Golden Encyclopedia
What is Ripple Labs' RLUSD stablecoin?
RLUSD is a stablecoin developed by Ripple Labs, the organization behind the XRP cryptocurrency. RLUSD, or Ripple Labs USD, aims to provide a stable digital currency for transactions and trading. As a stablecoin pegged to the US dollar, 1 RLUSD is equivalent to 1 dollar. Each RLUSD maintains a 1:1 peg. These collateral assets are either US dollar deposits or cash equivalents.
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 concept and enhance risk awareness.
