Blockchain Evening Report: Statistics show that 11 listed companies have increased their Bitcoin holdings in the past week.
1. Statistics: In the past week, 11 listed companies have increased their holdings of Bitcoin.
2. CoinShares: Global net inflows into digital asset investment products reached $44.2 billion in 2024.
3. GSR has been approved by the UK FCA to provide cryptocurrency trading services.
4. National data infrastructure construction guidelines: Build a trusted data circulation system using blockchain, encryption technology, and smart contracts.
5. Three Ethereum spot ETFs in Hong Kong have a total net asset value of $65 million, setting a historical high.
6. Data: In the past 7 days, stablecoins on Ethereum increased by $1.11 billion, while Solana saw an increase of $202 million.
January 6 news, according to Zerion monitoring, 5 minutes ago, Ethereum co-founder Vitalik Buterin sold FREE for 30,730 USDC; sold DOBE for 16,659 USDC; sold DOGE for 35,233 USDC.
According to a post by BitcoinMagazine on platform X, Strive Asset Management, co-founded by Vivek Ramaswamy, who leads the U.S. Department of Efficiency alongside Musk, is preparing to launch a 'Bitcoin Bond' ETF.
Due to investors adjusting their positions ahead of the release of U.S. employment data, gold futures have declined. Friday's U.S. non-farm payroll report is expected to further reveal the direction of the Federal Reserve's monetary policy easing, particularly the scale and scope of future interest rate cuts. BMI analysts noted in the report that gold is expected to be a standout commodity in 2024. As gold prices are supported by the Federal Reserve's interest rate cuts and heightened geopolitical tensions, it is likely to demonstrate its resilience as a safe-haven asset in the first quarter of 2025. BMI expects that in the coming months, the trading price of spot gold will range between $2500 and $2800 per ounce.
Solv Protocol Drama: Analysis of the First Major Controversy in BTCFi 2025
Translation: Baihua Blockchain
The "scam warning" from the NuBit founder - the first major crypto event of 2025 is erupting in the #BTCFi space! The turmoil surrounding @SolvProtocol has garnered widespread attention in the crypto community.
Here is a detailed analysis of the incident, including what happened, how the event escalated, and its implications for #BTCFi and the entire industry.
Disclaimer: This article represents the objective viewpoint of an observer, and the author has no vested interest in any party.
1. What Happened?
Accusation: User @Clarissexx0805 accused @SolvProtocol of failing to deliver the promised returns, claiming she staked 1800 BTC, and the team originally promised her a certain return, but she ultimately received only the minimum return. Solv responded that she did not switch to high-yield products as required.
Overview of 8 current states of crypto development + 6 narrative trends
Translation: Blockchain in Plain Language
In this article, I will delve into 8 key states of the crypto industry, distilling important insights on market developments and exploring 6 trends that are shaping the future direction of the crypto industry.
We will discuss the rise of AI agents, the revival of memecoins, the consolidation of Bitcoin, and the explosive performance of Solana.
Next, we will break down these contents into 8 important observations and 6 eye-catching trends, revealing key changes in the market.
1) 8 states of the crypto industry
The following is a brief summary of the directory.
1) The market size of AI agents is still relatively small
Plain Language Blockchain Morning Report: In the 2024 GMCI index, only the gaming and L2 token sectors declined, while Meme coins and AI sectors had the highest gains.
1. In the 2024 GMCI index, only the gaming and L2 token sectors declined, while Meme coins and AI sectors had the highest gains.
2. Ripple CEO: The Trump team has played a positive role in the crypto space.
3. Nansen collaborates with HypurrCollective to promote innovation and governance in the Hyperliquid ecosystem.
4. Today's Fear and Greed Index rises to 76, changing from greed to extreme greed.
5. 10x Research: Expects a good start this year, followed by a slight pullback before the CPI data release on January 15.
6. Washington Post: The U.S. Congress will hold a meeting on Monday to certify the 2024 election results.
According to Artemis data, the net inflow to the Base network in the past 7 days is $178.8 million, ranking first. The net inflow to the Solana network is $82.6 million, ranking second. Polygon PoS ($16 million) ranks third.
Blockchain Evening Report: The net inflow of Base network in the past 7 days is $178 million, ranking first.
1. The net inflow of Base network in the past 7 days is $178 million, ranking first.
2. The probability of 'Solana ETF being approved by the end of July this year' on Polymarket is currently reported at 53%.
3. The financing amount for generative AI projects reached a record high in 2024, raising a total of $56 billion.
4. Founder of Bridgewater Capital: The U.S. government may increase its holdings of approximately 500,000 BTC, but the Federal Reserve could be the 'last obstacle'.
5. Ethereum NFT transaction volume surged by 350.7% in December.
6. Recently, kidnapping and ransom cases in the crypto field have been frequent, making cryptocurrency traders targets for robbers.
7. Slow Mist: In 2024, there were 410 security incidents in the crypto field, resulting in losses of $2.013 billion, a year-on-year decrease of 19.02%.
On January 5th, news reported that Shaw, the founder of ai16z, stated on the X platform that the founder of Swarms does not know how to code. He tried to warn the public, but instead faced hatred. The public likes this 19-year-old high school dropout, even though searching his name on Google reveals a long history of fraud, but they do not care.
SkyBridge Capital founder Anthony Scaramucci expects the U.S. government to retain approximately 200,000 BTC currently held, and then purchase about 500,000 BTC. Anthony Scaramucci stated that Tim Scott, the chairman of the U.S. Senate Banking Committee, and U.S. Treasury Secretary Scott Bessent are both relatively supportive of cryptocurrency. If Trump, Congress, and the Treasury Department reach a consensus, the Federal Reserve may become the last obstacle to Bitcoin as a strategic reserve.
Robinhood Crypto General Manager Johann Kerbrat revealed that the company is collaborating with Paxos to create an open network for stablecoins, emphasizing that stablecoins can bring significant value to their platform. Currently, several companies are exploring the stablecoin market, such as Visa launching a tokenized asset platform that allows banks to issue stablecoins, fintech company Revolut is also exploring the possibility of launching stablecoins, and Stripe has acquired a fintech platform Bridge that specializes in stablecoin trading.
What will Bitcoin's trend be in 2025? Data-driven upward potential and macro support
Compilation: Vernacular Blockchain
As we step into 2025, it's time to examine the potential situation Bitcoin may face this year in a rational and analytical manner. By combining on-chain data, market cycles, macroeconomic data, and other factors, we can move beyond mere speculation to paint a data-driven picture for the coming months.
1. MVRV Z-Score: Huge upward potential
The MVRV Z-Score measures the ratio of Bitcoin's realized price (the average purchase price of all Bitcoins in the network) to its market capitalization. By normalizing the volatility of this ratio, we obtain the Z-Score, which has historically provided a clear view of market cycle trends.
We conducted a survey of 42 important figures in the Solana ecosystem; what do they think about the crypto industry?
Translation: Plain Language Blockchain
Lightspeed launched an anonymous survey and distributed it to Solana's founders, heavy users, etc., aiming to genuinely understand their views on other ecosystems, venture capital firms, startups, and more.
The survey questions covered a variety of options and provided space for written responses, edited for grammar and clarity.
The following are our findings from the survey of 42 founders:
1. Besides Solana, which blockchain would you choose?
Some founders also stated: “If it weren't for Solana, I wouldn't be involved in cryptocurrency.”
Plain Language Blockchain Daily Report: In 2024, the transaction volume of the Bitcoin network settlement exceeded $19 trillion, more than double the $8.7 trillion of 2023.
1. In 2024, the transaction volume of the Bitcoin network settlement exceeded $19 trillion, more than double the $8.7 trillion of 2023.
2. In 2024, the cumulative trading volume of DEX futures contracts reached $285 billion, with Hyperliquid accounting for 78.8%.
3. Today's Fear and Greed Index has dropped to 72, still classified as Greed.
4. Coinbase acquired a key license to offer derivatives in Europe through the acquisition of its Cyprus subsidiary, Bux.
5. Industry insiders: Trump's idea that all remaining Bitcoin should be produced in the U.S. is impossible to realize.
6. USDC Treasury today minted 100 million USDC on the Ethereum chain.
Plain Language Blockchain Evening Report: The Base Protocol Leader stated that the team is studying the introduction of Coinbase stock COIN into the Base network.
1. Base Protocol Leader: The team is studying the introduction of Coinbase stock COIN into the Base network.
2. This week, the net inflow of Bitcoin in the US reached $257 million, with a trading volume of $11 billion.
3. SUI breaks 5.15 USDT, hitting a new all-time high.
4. Wintermute and Amber Group may be market makers for VIRTUAL.
5. Data: Yesterday, the total net inflow of Ethereum spot ETFs was $58.7878 million.
6. Musk: Grok 3 is about to be launched, and pre-training has been completed.
7. Three Coinbase executives sold over $1 billion worth of COIN stock in total in 2024.
8. Top trader Eugene: ENA and HYPE's market cap is expected to stay above $10 billion this cycle.
The Public Security Bureau of Neijiang City, Sichuan Province, held a press briefing to announce that the Neijiang police recently solved a case of illegally obtaining computer system data, which was supervised by the Ministry of Public Security, and arrested 5 individuals. It is reported that this gang consists of high-end 'hackers' engaged in network technology, one of whom is an employee of a large cybersecurity company. They wrote hacking programs to gain unauthorized access to citizens' personal information and ultimately sold this information on overseas websites using virtual currency, with prices reaching up to 5 yuan per entry. According to police investigations, the case involves 57 government and enterprise websites, with the gang stealing 208 million pieces of personal information, including flight trajectories, diplomas, and addresses, illegally profiting over 6.4 million yuan. The case has now been transferred for prosecution and is currently under trial.
The ZK authentication solution zkMe announces the launch of a decentralized and privacy-preserving KYC solution 'zkKYC', aiming to meet the requirements of the Financial Action Task Force (FATF) for anti-money laundering using zero-knowledge proof (ZKP) technology. Additionally, zkMe announced the completion of integration with the TON blockchain.
Nubit founder Yu Feng tweeted that many protocols in the current BTCFi ecosystem are faking locked positions through offline pre-signed transactions. This method does not actually lock Bitcoin on the mainnet, but instead creates a false impression of being 'locked.' Users can submit multiple pre-signed transactions with the same UTXO, allowing multiple protocols to count it as TVL, but in reality, this Bitcoin is not truly locked anywhere. This operation has led to a false inflation of TVL and serious trust issues. Nubit founder proposed two solutions: first, to truly put transactions on-chain by locking funds through Bitcoin script addresses; second, to use zero-knowledge proofs to design a system that makes locked positions both transparent and secure, avoiding double spending risks.