Daily market update (January 1, 2024, at 20:33)

ChainDD's market report on January 2 shows the comprehensive DD index and CoinMarketCap quotes:

BTC is priced at $96,744.96, up about 3.76% in 24 hours.

ETH is priced at $3,474.73, up about 4.19% in 24 hours.

BNB is priced at $712.19, up about 1.51% in 24 hours.

DOGE is priced at $0.3448, up about 8.74% in 24 hours.

DOT is priced at $7.31, up about 10.45% in 24 hours.

Cryptocurrency market news.

Data: 45% of economically active Koreans invest in cryptocurrencies.

Cointelegraph reported on platform X that 45% of economically active Koreans invest in cryptocurrencies.

Daily market update (January 2, 2024, 10:00 AM)

ChainDD's market report on January 2 shows the comprehensive index and CoinMarketCap quotes:

BTC is reported at $94,757.21, up approximately 1.08% in the last 24 hours;

ETH is reported at $3,378.45, up approximately 0.99%;

BNB is reported at $701.59, down approximately 1.09% in the last 24 hours;

DOT is reported at $7.17, up approximately 7.53% in the last 24 hours;

DOGE is reported at $0.3308, up approximately 3.37%.

Cryptocurrency market dynamics

Opinion: The idea that Bitcoin is merely a store of value is a misconception, and there is significant potential demand within its ecosystem.

Core DAO contributor Brendon Sedo stated in a panel discussion that the idea of Bitcoin being merely a store of value is a misconception. He pointed out that there is a significant potential demand within the Bitcoin ecosystem and stated from his experience, 'People want to do things with their Bitcoin; including wanting to collateralize it, and wanting to borrow and earn yields.'

Daily market report (January 1, 2024, 8:20 PM)

ChainDD's January 1 market report shows the combined ChainDD index and CoinMarketCap quotes:

BTC is priced at $94,382.54, up approximately 0.62% in 24 hours;

ETH is priced at $3,393.33, up approximately 0.62% in 24 hours;

BNB is priced at $705.25, up approximately 0.93%;

DOGE is priced at $0.3201, down approximately 0.33% in 24 hours;

DOT is priced at $6.73, up approximately 1.82%.

Crypto圈动态

Matrixport: Ethereum may need ETF issuers to create a more attractive narrative to boost prices in 2025.

Matrixport released today's chart stating that Ethereum's performance in 2024 has been disappointing, with the weak performance clearly starting after the launch of the Ethereum ETF, where inflows were far below market expectations. Meanwhile, on July 31, 2024, Senator Lummis proposed a Bitcoin bill recommending Bitcoin be positioned as a strategic reserve asset.

On December 12, the DPIN Foundation showcased its grand blueprint and vision for building a global decentralized GPU computing network at the 'DPIN—AI+DePIN Global Consensus Launch Conference' held in Bangkok, Thailand. The DPIN Foundation is dedicated to developing a high-performance computing platform based on artificial intelligence and decentralized physical infrastructure networks (DePIN) to meet the growing demands of AI and cloud gaming.

At the launch conference, core members of the foundation elaborated on the project's core goals: to build an efficient, low-cost, and secure computing infrastructure through decentralized technology, promoting rapid development across industries. The project team expressed their desire to secure a position in the global GPU computing market and lead future technological transformation through innovative means.

On December 22, 2024, the first BIOV International Summit on Life Technology and Regenerative Medicine, hosted by the AVZ Foundation and BioV Biotech Company, was grandly held in Bangkok, Thailand. This summit gathered top scholars, entrepreneurs, and industry leaders from around the world in the life sciences field, focusing on the latest research results and future development directions in regenerative medicine and life technology. Over a hundred guests participated, including the Thai Royal Prince, Nobel laureate Professor George F. Smoot, Professor Edvard Moser (online), and Professor Thomas C. Sudhof (online).

Deep Tide TechFlow January 1, 2025 18:56 Henan

Author: Zolo, Deep Tide TechFlow

It seems everyone is looking forward to 2025, for market reasons, for trending reasons. Project parties, retail investors, KOLs, VCs... everyone is ready to go all out.

I am one of them. But I start to be cautious; when everyone wants to go all out, how can I ensure that I am not 'being' swept up in it.

Looking back at 2024, I hope that in 2025, what I engage with and create will be real and have positive value for the industry.

Real information: Information silos are everywhere; what we seek is not more information, but real information

 

Original Mumu Hive Tech January 1, 2025 10:03 Heilongjiang

At the end of 2024, the crypto asset market is still hot: the well-known NFT IP Pudgy Penguins issued the token PENGU, the stablecoin protocol Usual (USUAL) collateralized by real-world assets (RWA) has re-ignited the market's discussion on decentralized stablecoins, and the biological DAO network BIO Protocol distributed tokens BIO, triggering a rise in the DeSci (decentralized science) concept board...

If you pay close attention, you will find that these popular assets in the market are closely related to Binance: PENGU became the fifth project of Binance HODLer as soon as it was launched; USUAL and BIO have successively landed on Binance Launchpool, and both projects have received investments from Binance Labs.

Daily Quotes (January 1, 2024 10:30 am)

ChainDD's market data on January 1 shows that the combined DD index and CoinMarketCap quotes are:

BTC was at $93,705.72, down about 1.10% in 24 hours;

ETH was at $3,413.51, up about 1.18% in 24 hours;

BNB was at $698.78, down about 2.13% in 24 hours;

DOT was at $7.03, down about 0.08% in 24 hours;

DOGE was trading at $0.3205, down about 0.24% in 24 hours.

Cryptocurrency News

IRS issues temporary cryptocurrency tax relief measures to benefit CeFi exchange users in 2025

The U.S. Internal Revenue Service (IRS) has issued a temporary relief measure that is expected to benefit CeFi exchange users in 2025. The relief measure addresses concerns raised by the final version of Section 6045 of the custodial broker-dealer rule, which will take effect on January 1, 2025 and require the use of the first-in, first-out (FIFO) accounting method for digital assets unless a preferred method such as highest-in, first-out (HIFO) or Spec ID is selected.

Author: redphone

Compiled by: Deep Tide TechFlow

Three major insights for 2024:

AI has completely overturned my thinking.

As a professional writer, I have put over 10,000 hours of effort into my writing. However, now any 10-year-old child can create beautiful literary works in seconds by prompting Claude (an advanced large language model). Skills I have honed over a lifetime now seem as common as oil, tape, or hemp – ubiquitous, cheap, and easily replaceable. This has led me to question: who am I? Where do I come from? Where am I going? While I continue to seek answers, I will delve deeper into these questions in the following predictions.

Original title: (Understanding MSTR's Bitcoin Strategy in One Article)

Original author: 0xCousin, IOBC Capital

In the history of Wall Street, legendary stories are never in short supply, but MicroStrategy's Bitcoin Treasury Company strategic transformation is destined to become a unique new legend.

A Bitcoin strategy that has attracted global attention

In 2020, the COVID-19 pandemic triggered a global liquidity crisis, with countries adopting loose monetary policies to stimulate the economy, leading to currency devaluation and increased inflation risk.

During the COVID-19 pandemic, Michael Saylor reassessed the value of Bitcoin. He believes that when the money supply grows at a rate of 15% per year, people need a hedge asset that is not linked to fiat cash flow. Therefore, he chose the Bitcoin strategy for MicroStrategy.

Grayscale 24-12-30 19:00 Read this article in 14 minutes AI Summary See Summary

Original title: Grayscale Research Insights: Crypto Sectors in Q1 2025

Original source: Grayscale Research

Original translation by: Golem, Odaily Planet Daily

Summary:

· The crypto market surged significantly in Q4 2024, with the FTSE/Grayscale Crypto Sectors Index showing strong market performance. The gains largely reflect the market's positive reaction to the U.S. election results.

· Competition in the smart contract platform space remains fierce. The leading player, Ethereum, has underperformed in price compared to its second-largest competitor, Solana, as investors increasingly focus on other Layer 1 networks such as Sui and The Open Network (TON).

Daily Market (December 30, 2024, 20:20)

ChainDD's December 30 market report shows a comprehensive index and prices from CoinMarketCap:

BTC reports $93,787.54, down about 1.12% in 24 hours;

ETH reports $3,418.33, up about 0.62% in 24 hours;

BNB reports $699.25, down about 1.54% in 24 hours;

DOGE reports $0.3216, down about 1.28% in 24 hours;

DOT reports $6.89, up about 2.16% in 24 hours.

Blockchain Dynamics

Monthly DEX trading volume reached $462 billion in December, setting a new historical record

According to DefiLlama data, the monthly trading volume of decentralized exchanges (DEX) surged to $462 billion in December, setting a historical record.

According to data from Dedede Think Tank, as of December 29, 2024, at 12:00, there are a total of 16,022 cryptocurrencies in the global digital currency market, with a total market value of $3,425,028,664,759 (approximately $342.50 billion). This week's total market value of cryptocurrencies decreased by about $52.6 billion compared to last week, a decrease of about 1.51%.

The mainstream cryptocurrency market globally declined overall last week.

According to data from Dedede Think Tank, as of December 29, 2024, at 12:00, the mainstream cryptocurrency market overall declined last week.

Among them, the price of BTC fell from $95,104.93 to $94,303.28, a decrease of about 0.84%;

Original Foresight Foresight Research December 28, 2024 12:41 Shanghai

A. Market Perspectives

I. Macro Liquidity

Currency liquidity has improved. Powell's Christmas gift this year was the hawkish rate cut; last week, the Federal Reserve lowered its rate cut forecast, suggesting only two more cuts in 2025, down from four suggested in September. The U.S. 10-year Treasury yield reached a high of over 4.6%, the highest since May. U.S. stocks traded lightly during the Christmas period, with the crypto market fluctuating downwards.

II. Overall Market Trends

Market Cap Rankings Top 100 Increases:

This week, BTC fluctuated downwards, entering the second half of the bull market. Altcoins generally declined, with the market focus on DeFi and AI, and funding from South Korea showing active performance.

Original text: Deep Value Memetics; Translator: Azuma

Key points overview

In this report, we discuss the development landscape of several mainstream frameworks in the Crypto & AI field. We will examine the four major frameworks — Eliza (AI16Z), G.A.M.E (GAME), Rig (ARC), and ZerePy (ZEREBRO), analyzing their technical differences and development potential.

In the past week, we analyzed and tested the above four frameworks, and the summary of conclusions is as follows.

We believe Eliza (approximately 60% market share, valued at about $900 million when the original author wrote, approximately $1.4 billion at the time of publication) will continue to dominate market share. Eliza's value lies in its first-mover advantage and accelerated adoption by developers, as evidenced by 193 contributors, 1,800 forks, and over 6,000 stars on GitHub, making it one of the most popular software libraries on GitHub.

Original Title: (Breaking the Deadlock and Rebuilding: A Panorama of the Crypto World in 2025)

Original Author: Zeke, YBB Capital Research

Introduction

Starting from the craze of inscriptions to the election of the first crypto president, 2024 is about to draw to a close. This year, Crypto has experienced an unusually 'bull market,' with altcoins underperforming, meme coins dominating the sound waves, and ultimately everything converging back to BTC. Overall, despite some troughs and frustrations, Crypto is indeed moving in a more positive direction. In the upcoming year of 2025, we also have many directions worth paying attention to; in this article, we will briefly look forward to next year based on recent viewpoints.

Recently, the People's Bank of China issued the (China Financial Stability Report (2024)), which extensively discusses global cryptocurrency regulatory dynamics and emphasizes Hong Kong's compliance progress in cryptocurrency.

Page 47 (Non-bank Institutions and Other Sections)

Regulatory authorities in various countries continue to enhance their oversight of crypto assets. After a series of risk events in the crypto asset market in 2022, prices and trading volumes rebounded significantly in 2023, and by the end of the year, the global market value of crypto assets reached $1.55 trillion, a year-on-year increase of 10.71%. Given the potential spillover risks of crypto assets to financial system stability, regulatory authorities worldwide are continuously intensifying oversight of crypto assets, with 51 countries and regions already implementing prohibitions on crypto assets, and some economies have adjusted existing laws or re-legislated regulations.

Daily market update (December 30, 2024, 09:30 AM)

ChainDD's market report on December 30 shows that the comprehensive index matches CoinMarketCap's quotes:

BTC is priced at $95,038.83, up about 0.91% in 24 hours;

ETH is priced at $3,383.09, up about 1.52% in 24 hours;

BNB is priced at $718.4, up about 3.47% in 24 hours;

DOT is priced at $7.07, up about 2.63% in 24 hours;

DOGE is priced at $0.3234, up about 3.20% in 24 hours.

Cryptocurrency market news

Hong Kong Legislative Council member Wu Jizhuang: It is possible to take the lead in incorporating Bitcoin into Hong Kong's foreign exchange fund assets.

Hong Kong Legislative Council member and chairman of the Web3 virtual asset development committee, Wu Jizhuang, stated in an interview that Hong Kong needs to study how to maintain national financial security amidst the U.S. interference in Bitcoin and its impact on the traditional asset market.

Daily market update (December 29, 2024, 20:35)

ChainDD's market report on December 29 shows the comprehensive ChainDD index and CoinMarketCap quotations:

BTC is quoted at $94,822.78, with a 24-hour increase of about 0.40%;

ETH is quoted at $3,392.27, with a 24-hour increase of about 1.38%;

BNB is quoted at $709.3, with a 24-hour increase of about 0.64%;

DOGE is quoted at $0.3249, with a 24-hour increase of about 1.23%;

DOT is quoted at $7.01, with a 24-hour increase of about 2.14%.

Crypto market dynamics

Data: Bitcoin mining's clean energy usage rate exceeds 56%

According to data from Woocharts, the share of clean or sustainable energy used in mining currently stands at 56.76%. Since April 2021, the use of clean energy for BTC mining has steadily increased. The platform uses the Cambridge Centre for Alternative Finance's definition of sustainability to measure the amount of clean energy used, with relevant metrics depending on the share of energy from wind, solar, hydro, and even nuclear power in crypto mining operations.

Author: Nancy, PANews

Once upon a time, software was eating the world. Now, AI is eating software. Standing at the historical river of technological progress, the revolutionary painting surrounding AI large models is rapidly unfolding, opening up new application spaces at an astonishing speed.

Recently, Binance founder CZ pointed out that 'AI tagging and data processing are very suitable for being done on-chain, enabling instant (micro) payments through cryptocurrency while leveraging global low-cost labor without geographical restrictions.' This view has added fuel to the already hot crypto AI track, making OORT and similar projects that release related products once again the market focus.