Author: Deep Tide TechFlow
Yesterday's Market Dynamics
Zerebro Co-Founder Jeffy Yu: Building a Consumer-Facing Agent Launch Platform Zentients
Zerebro Co-Founder Jeffy Yu Announced on X That the Team Is Building a Consumer-Facing Agent Launch Platform ZENTIENTS. Jeffy Yu Points Out That the Uniqueness of $ZEREBRO Lies in the Fact That All Tokens Are Circulating, So the Team Is Not Building a Traditional 'Token Economics' Model, Which Involves How Tokens Are Issued, Distributed, and Owned Over Time. Instead, It Is a Value Accumulation Framework Driven by the Zerebro Stack, Composed of Three Parts:
Zerebro, Main Agent
ZerePy, Agent Framework
Zentients, Consumer Agent Launch Platform
The Goal of Zentients Is to Create a Seamless UI/UX to Launch and Develop Agents While Giving Back Value to ZEREBRO. Jeffy Yu States That Specific Details Are Still Being Finalized. However, the Aim Is to Maintain the Simplicity of the Framework:
Agents Need to Pay $ZEREBRO as Creation Fees and Will Launch on the $ZEREBRO Joint Curve with Fees
Once the Agent Token Reaches a Specific Valuation, It Will Graduate (Liquidity in the Joint Curve Will Be Deposited and Locked in DEX)
Afterward, Traders Can Buy and Sell in the Real-Time Liquidity Pool Using $ZEREBRO
Additionally, Jeffy Yu Mentioned That Another Key Idea Being Explored Is Developing a Standardized Agent Communication Layer—A 'TCP for Agents'. This Will Involve Creating a Structured Load Format for Messaging Between Agents, Ensuring That All Agents Can Send and Receive Messages in a Consistent, Framework-Independent Manner.
The IRS Requires DeFi Brokers to Report Digital Asset Sales Revenue and Collect User Transaction Information Starting in 2027
The IRS Has Finalized Rules Requiring DeFi Brokers to Report Total Revenue from Digital Asset Sales and Provide Clients with 1099 Forms, Collecting User Transaction Information Including Names and Addresses. The Treasury Notes That the Final Rules Apply to 'Front-End Service Providers' That 'Directly Interact with Customers', Meaning Entities Operating Major Websites Used to Access Decentralized Protocols, Not the Protocols Themselves. According to the Document, the Rules Are Expected to Take Effect on January 1, 2027, or Later. The Idea of Strengthening Tax Enforcement on Digital Asset Service Providers First Emerged in the Infrastructure Investment and Jobs Act Passed in 2021 to Help Finance Expenditures Authorized by the Act.
a16z Crypto: Supporting Blockchain Association's Lawsuit Against the IRS Regarding 'DeFi Broker' Regulations
a16z Crypto Regulatory Head Michele Korver Announced on X: 'We at a16z Crypto Believe That DeFi Will Make Financial Services and the Digital Economy More Convenient, Efficient, Interoperable, Reliable, and Consumer-Centric. However, Yesterday the U.S. Treasury Released New Broker Reporting Rules, Which Constitute a Direct Threat to This Commitment and Undermine the Future of DeFi Innovation in the U.S. We at a16z Crypto Support the Blockchain Association, DeFi Education Fund, and Texas Blockchain Council's Lawsuit, as the IRS and Treasury Have Exceeded Their Statutory Authority, Violated the Administrative Procedure Act (APA), and Are Unconstitutional. DeFi Builders Should Have Confidence That Industry Lawyers Are Working to Protect This Technology. We Will Continue to Fight on All Fronts—In Court, in Congress, and with the Help of the New Administration.'
VolatilityShares Applies to Launch a Leveraged ETF Based on Solana Futures
The ETF Store President Nate Geraci Tweeted That Volatility Shares Has Submitted an Application to the U.S. SEC for a Trading Open-End Index Fund (ETF) Based on Solana Futures, Covering 1x, 2x, and -1x Leverage Exposures. VolatilityShares Has Actively Pushed for the SEC to Launch an Ethereum Futures ETF.
Galaxy Research Annual Forecast: BTC Will Break Through $150,000 in the First Half of the Year, ETH Will Exceed $5,500
Galaxy Research Releases 2025 Forecast Report Covering Bitcoin and Ethereum Prices, DOGE, Stablecoins, DeFi, L2s, Policies, VC, etc. The specifics are as follows:
Bitcoin Will Break Through $150,000 in the First Half of the Year and Test or Reach $185,000 in the Fourth Quarter of 2025.
By 2025, the Assets Under Management of Bitcoin ETPs in the U.S. Will Exceed $250 Billion.
In 2025, Bitcoin Will Once Again Be One of the Best-Performing Assets Globally on a Risk-Adjusted Basis.
At Least One Top Wealth Management Platform Will Announce a Recommendation for a 2% or Higher Bitcoin Allocation.
Five Nasdaq 100 Index Companies and Five National States Will Announce Adding Bitcoin to Their Balance Sheets or Sovereign Wealth Funds.
Bitcoin Developers Will Reach Consensus on the Next Protocol Upgrade in 2025.
By Market Capitalization, Over Half of the Top 20 Publicly Traded Bitcoin Miners Will Announce Transformations or Partnerships with Large-Scale Providers, AI, or High-Performance Computing Companies.
Bitcoin DeFi (Defined as the Total Amount of BTC Locked in DeFi Smart Contracts and Deposited in Staking Protocols) Will Almost Double in 2025.
The Trading Price of Ethereum Will Exceed $5,500 in 2025.
Ethereum Staking Rate Will Exceed 50%.
In 2025, the ETH/BTC Ratio Will Be Below 0.03 but Above 0.06 by Year-End.
In 2025, L2 as a Collective Will Generate More Economic Activity Than Alt L1.
As On-Chain Applications Distribute at Least $1 Billion in Nominal Value to Users and Token Holders from Treasury and Yield Sharing, DeFi Will Enter the 'Dividend Era'.
On-Chain Governance Will Experience a Revival, and Applications Will Attempt Future Governance Models.
In 2025, the World's Four Major Custodian Banks Will Custody Digital Assets.
At Least Ten Stablecoins Supported by TradFi Partners Will Be Launched.
By 2025, the Total Supply of Stablecoins Will Double, Exceeding $400 Billion.
Tether's Long-Term Market Dominance Will Fall Below 50%, Challenged by Yield Alternatives from Blackrock's BUIDL, Ethena's USDe, and Even Coinbase/Circle's USDC Rewards.
The Total Amount of Crypto Venture Capital Will Exceed $150 Billion, a Year-Over-Year Increase of Over 50%.
Stablecoin Legislation Will Pass Both Houses of Congress and Be Signed by President Trump in 2025, But Market Structure Legislation Will Not.
The U.S. Government Will Not Purchase Bitcoin in 2025, But Will Use Existing Bitcoin Holdings to Build Reserves, and Departments and Agencies Will Also Take Action to Explore Expanding Bitcoin Reserve Policies.
The SEC Will Investigate the First So-Called 'Special Purpose Broker Dealer' Prometheum.
Dogecoin Will Eventually Reach $1, and the Market Cap of the World's Largest and Most Historic Memecoin Will Reach $100 Billion.
IntoTheBlock: The Proportion of Long-Term Holders of ETH Is Rising, While the Proportion of Long-Term Holders of BTC Is Falling
IntoTheBlock Revealed on the X Platform the Percentage Trends of Long-Term Holders of Bitcoin and Ethereum Over the Past Year, Showing a Decline in Bitcoin Long-Term Holder Proportion, While Ethereum Long-Term Holder Proportion Continues to Rise and Exceeded Bitcoin at the Beginning of the Year. Currently, Bitcoin Long-Term Holder Proportion Is 62.31%, and Ethereum Long-Term Holder Proportion Is 75.06%.
Data: Tokens Such as SUI, OP, ZETA Will Experience Large Unlocks This Week, with SUI Unlocking Valued at Approximately $270 Million
Tokens Such as SUI, OP, ZETA Will Experience Large Unlocks This Week, Among Which:
Sui (SUI) Will Unlock Approximately 64.19 Million Tokens on January 1, 2025, at 8 AM Beijing Time, Accounting for 2.19% of Current Circulation, Valued at Approximately $270 Million;
Optimism (OP) Will Unlock Approximately 31.34 Million Tokens on December 31, 2024, at 8 AM Beijing Time, Accounting for 2.32% of Current Circulation, Valued at Approximately $58.6 Million;
ZetaChain (ZETA) Will Unlock Approximately 53.89 Million Tokens on January 1, 2025, at 8 AM Beijing Time, Accounting for 9.35% of Current Circulation, Valued at Approximately $32 Million;
Beldex (BDX) Will Unlock Approximately 330 Million Tokens on December 30, 2024, at 8 AM Beijing Time, Accounting for 4.78% of Current Circulation, Valued at Approximately $26.1 Million;
Sleepless AI (AI) Will Unlock Approximately 23.21 Million Tokens on January 1, 2025, at 8 AM Beijing Time, Accounting for 17.85% of Current Circulation, Valued at Approximately $14.6 Million;
Azuki Founder: ANIME Will Not Have Its TGE Before Year-End, Tokens Will Launch Before the Mainnet
Azuki Founder Zagabond Disclosed with the Community That $ANIME Will Not Have Its TGE Before Year-End, but Relevant Announcements Will Be Made Soon. $ANIME Will Launch Before Anime Chain.
Market Dynamics
Recommended Reading
a16z Crypto Year-End Special: From Stablecoins to AI Agents, Follow the Investment Team's In-Depth Analysis of Industry Trends with Eight Big Names
The Internet Has Entered a New Stage, An AI-Driven Internet Era. This Article Sorts Out the Development Trends of Cryptocurrency and AI from Five Aspects:
Stablecoins Have Found Product-Market Fit and May Be Widely Used in the Payment Sector in the Future, Helping Low-Margin Businesses Increase Profits.
A Cryptocurrency Application Store and Discovery Mechanism Is Emerging, Benefiting More Developers and Users to Participate.
Cryptographic Technology Is Changing the Future of Creators, Small and Medium-Sized Enterprises, and Even Restaurants.
Developers Can Reuse Existing Infrastructure, No Longer Needing to Develop from Scratch, Which Will Help Improve the Iteration Speed of Products and Services.
AI May Combine with Cryptocurrency to Form a New Socioeconomic Model, Where AI Can Have Its Own Wallet and Operate Autonomously in Decentralized Networks.
Three Sigma: How to Build and Accurately Identify Successful Airdrop Projects from a Psychological Perspective?
This Article Analyzes the Design Strategies of Airdrop Activities and User Behavior Trends. By Conducting Quantitative and Qualitative Research on Representative Airdrop Cases from Three Different Areas (Layer 2 Networks, Perpetual Decentralized Exchanges, Liquidity Re-Staking Protocols), the Author Summarizes the Key Factors Influencing Airdrop Success and Proposes Targeted Recommendations.
Investment Themes Worth Watching in the Crypto Space in 2025
In the Upcoming Cryptocurrency Sphere of 2025, AI and DeFi Will Become Two Core Investment Themes. At the Same Time, Privacy Infrastructure, Web3 Wallets, and Other Projects Will Also Be in the Spotlight, and the Meme Market Will Remain Active.
An Entrepreneur's Christmas Monologue: If You Want to Acquire Wealth, the Most Important Thing is to Align Knowledge and Action
The Article Mainly Discusses the Entrepreneur's Mental Journey and Growth Experience. The Author Mentions That Entrepreneurship Is Not Easy, But It Is More Fulfilling than a Regular 9-to-5 Job, Though It Requires Bearing Greater Pressure and Challenges. The Author Also Shares Some Personal Experiences and Advice on How to Manage Time, Finances, and Pursue Financial Freedom.
Challenges and Opportunities for GameFi in 2025
Maintaining Player Engagement, Adopting New Technologies, and Building a Sustainable In-Game Economy Are Obstacles That GameFi Must Overcome to Remain Competitive.
Unstable In-Game Economies Are the Main Reason for Project Failures; Building a Data-Driven Sustainable Token Model Is Key.
