Daily Cryptocurrency Market Update (December 16, 2024)

1. Market Analyst Opinion: If the U.S. Strategic Bitcoin Reserve Plan is approved, the market may first experience a surge, followed by a downward trend.

2. Trump's Statement: Former U.S. President Donald Trump stated that he plans to utilize cryptocurrency to undertake "some great projects" and aims to become a leader in the industry.

3. Changes in Cryptocurrency Developer Distribution: In 2024, the growth rate of cryptocurrency developers has slowed, and the Asia-Pacific region has replaced North America as the area with the highest concentration of crypto developers.

4. Bitcoin Miner Sale Data: As of December, Bitcoin miners have sold over 140,000 BTC, with a total value of $13.72 billion.

5. FBI Responds to Crypto Scams: The Federal Bureau of Investigation (FBI) is actively addressing the surge in cryptocurrency-related fraud cases, which primarily involve fraudulent investments and employment scams.

6. Bitcoin Consecutive Increase Record: Bitcoin has set a record for the longest consecutive weekly increase since 2021, totaling seven weeks.

7. HKEX Virtual Asset ETP Market Value: Data from the Hong Kong Stock Exchange shows that as of the end of November, the total market value of ten virtual asset exchange-traded products (ETPs) in Hong Kong reached HKD 5.5 billion.

8. Thai Former Prime Minister's Suggestion: Former Thai Prime Minister Thaksin suggested that Phuket could consider trialing Bitcoin as a payment method.

9. South Africa Cryptocurrency Regulation: South African regulators have issued licenses to 248 cryptocurrency projects while rejecting nine applications.

10. Controversy Over Internet Celebrity Squirrel IP: The owner of the internet-famous squirrel Peanut has sent a cease-and-desist notice to Binance, demanding that Binance immediately stop using intellectual property related to PNUT.

11. CryptoQuant Founder Prediction: The founder of CryptoQuant believes that quantum computers are unlikely to break Bitcoin in this decade or even the next.

12. Bitwise CEO's Opinion: The CEO of Bitwise stated that AI agents will need to rely on crypto systems and may use stablecoins and Bitcoin for transactions.

13. 10x Research Prediction: According to analysis from 10x Research, new Bitcoin trading signals indicate that the price of Bitcoin could rise to $120,000 when Trump takes office again.