Explore the latest developments shaking up the crypto industry this week, from surging AI Agent trends to Ethereum ecosystem rallies and evolving market regulations. Stay ahead of the curve with our concise updates!
Hot Topics:
• AI Agents continue to attract users and capital.
• Base Network TVL rises to $11.47 billion, hitting a new high.
• Ethereum surpasses $3,600 for the first time in six months, driving a broad rally in Ethereum ecosystem tokens.
Market Environment
This week, BTC prices corrected after reaching new highs, currently trading above $90,000 at $95,500. The ETH/BTC ratio has been rebounding steadily, hitting a low of 0.0318 and currently at 0.037. Ethereum’s price surge this week has fueled significant gains across Ethereum ecosystem tokens, including $LDO, $ENA, $EIGEN, $ENS, $ARB, and $OP.
Stablecoin market capitalization has reached $191.622 billion, up by $5.132 billion compared to last week.
Fueled by the AI Agent craze, substantial capital inflows have driven Base Network assets to exceed $11.43 billion, making it the second-largest Ethereum Layer 2 solution by total value locked (TVL).
Policy & Regulation Update
Italy Trims Proposed 42% Digital Asset Tax
https://news.wikibit.com/en/202411273584924299.html
Philippines Tightens Reporting Requirements for Virtual Asset Service Providers
https://news.wikibit.com/en/202411281034701246.html
Security Incident Tracking
Pump Science Key Leak Sparks Token Fraud Concerns
https://news.wikibit.com/en/202411273864564494.html
ZachXBT: Over $3.5M Stolen in Recent Hacks Targeting McDonald’s, Kabosu Owner, and Other Social Media Accounts
https://news.wikibit.com/en/202411288044739592.html
