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.

Daily market report (December 28, 2024, 20:42).

ChainDD's market report on December 28 shows that the comprehensive DD index and CoinMarketCap quotes:

BTC is priced at $98,044.54, up about 4.28% in 24 hours.

ETH is priced at $3,474.27, up about 2.53% in 24 hours.

BNB is priced at $706.3, up about 3.12% in 24 hours.

DOGE is priced at $0.3314, up about 3.23% in 24 hours.

DOT is priced at $7.45, up about 2.8% in 24 hours.

Cryptocurrency market updates

Analyst: Trump is expected to issue at least 25 executive orders including cryptocurrency policies on his first day in office.

Michael Rosen, Chief Investment Officer of Angeles Investments, stated: 'People hope that next year's taxes and regulations can be reduced or minimized, which will help support corporate profits, and corporate profits are a major driver of the market.' Additionally, Trump's inauguration on January 20 next year may also bring some surprises to the market, as he is expected to issue at least 25 executive orders on his first day in office, covering a range of issues from immigration to energy and cryptocurrency policies.

Daily market report (December 28, 2024, 10:50 AM)

ChainDD's market report on December 28 shows the comprehensive index and CoinMarketCap quotes:

BTC is reported at $99,024.83, up about 1.09% in the last 24 hours.

ETH is reported at $3,475.09, up about 0.06% in the last 24 hours.

BNB is reported at $703.88, up about 0.91% in the last 24 hours.

DOT is reported at $6.92, down about 1.63% in the last 24 hours.

DOGE is reported at $0.3318, down about 1.20% in the last 24 hours.

Blockchain Circle Dynamics

U.S. Blockchain Association: Will take action to resist the IRS rule changes.

The U.S. Treasury and IRS have finalized tax reporting requirements for specific cryptocurrency brokers (RIN 1545-BR39, TD 10021) this week. In response, the Washington D.C.-based industry lobbying group, Blockchain Association, stated it will take 'proactive action' to resist the changes to the rules.

Daily Quotes (20:42, December 27, 2024)

ChainDD's market data on December 27 shows that the combined DD index and CoinMarketCap quotes are:

BTC was at $98,044.54, up about 4.28% in 24 hours;

ETH was at $3,474.27, up about 2.53% in 24 hours;

BNB was at $706.3, up about 3.12% in 24 hours;

DOGE was at $0.3314, up about 3.23% in 24 hours;

DOT was trading at $7.45, up about 2.8% in 24 hours.

Cryptocurrency News

Analyst: Continued growth in taker buying suggests Bitcoin may rebound in the coming days

CryptoQuant analyst Burrakesmeci said in an analysis article that since October 28, the buying volume of Bitcoin on the Binance platform has formed a higher low.

 

Beosin Compliance Team Beosin December 27, 2024 15:44 Japan With the rapid development of the global cryptocurrency market, anti-money laundering (AML) and compliance supervision have gradually become the focus of attention of various countries. Recently, the Turkish government announced a series of stricter anti-money laundering regulations for cryptocurrencies, which quickly attracted widespread attention in the industry. These new regulations will officially take effect on February 25, 2025, demonstrating Turkey's determination in the field of crypto industry regulation, and also providing an important reference for the compliance development of the global market.

 

Interpretation of the new regulations: Strengthening information transparency and transaction security

 

Original Mumu Vernacular Blockchain December 27, 2024 12:02 Anhui

This is the 2112th original issue of Vernacular Blockchain
Author | Mu Mu
Produced by｜Baihua Blockchain (ID: hellobtc)

Since the "finality" of Trump's victory in early November, the crypto market, especially Bitcoin, has entered a strong expectation of "US Bitcoin strategic reserve". Obviously, the market will focus on the implementation of this promise after Trump takes office in 2025. Some analysts bluntly stated that this will break the bull-bear cycle of Bitcoin, that is, any "episode" in the future may cause turbulent market conditions. What we can do now is to pay attention to its progress, estimate the possible landing time nodes in advance, and make corresponding preparations.

Daily Market Update (December 27, 2024, 10:00 AM)

ChainDD's market data as of December 27 shows that the composite index and CoinMarketCap quotes:

BTC is at $98,024.83, an increase of about 4.28% in the last 24 hours;

ETH is at $3,474.95, an increase of about 2.38% in the last 24 hours;

BNB is at $706.03, an increase of about 3.02% in the last 24 hours;

DOT is at $7.45, an increase of about 2.28% in the last 24 hours;

DOGE is at $0.3313, an increase of about 3.32% in the last 24 hours.

Updates

The probability of the Federal Reserve maintaining interest rates in January next year is 87.2%

According to CME's 'FedWatch', the probability of the Federal Reserve maintaining interest rates in January next year is 87.2%, with a 12.8% chance of a 25 basis point cut. By March next year, the probability of maintaining the current interest rate is 50.6%, with a cumulative probability of a 25 basis point cut at 44.1%, and a cumulative 50 basis point cut at 5.4%.

Daily Market Report (December 26, 2024, 20:35)

ChainDD's market report on December 26 shows the comprehensive index compared to CoinMarketCap quotes:

BTC is priced at $94,180.81, down about 1.98% in the last 24 hours;

ETH is priced at $3,403.58, up about 1.76% in the last 24 hours;

BNB is priced at $683.00, up about 2.88% in the last 24 hours;

DOGE is priced at $0.3209, up about 1.72% in the last 24 hours;

DOT is priced at $7.27, down about 3.73% in the last 24 hours.

Crypto Industry News

Hong Kong establishes a gold exchange and plans to develop 'digital gold.'

Starting January 1, 2025, the Hong Kong Special Administrative Region will have a new trading institution named 'Hong Kong Gold Exchange,' which will be renamed and incorporated from the Gold and Silver Exchange that has been operating locally for 114 years, and plans to establish a vault and digital gold.

Written by: Siddhant Kejriwal

Compiled by: Glendon, Techub News

As the cryptocurrency industry has developed to date, staking has become an indispensable cornerstone and plays an important role in network security and investor participation. By participating in staking, individuals can not only contribute to the stable operation of the blockchain network, but also unlock opportunities to earn passive income. Specifically, the benefits of participating in staking include:

1. Strengthening cryptoeconomic security: In essence, staking involves locking a certain amount of cryptocurrency to support the operation of the blockchain network. This process is particularly critical for proof-of-stake (PoS) blockchains, where validators confirm transactions based on the amount of cryptocurrency they stake. This mechanism ensures the security of the network and closely aligns the interests of participants with the healthy development of the blockchain.

Despite the many challenges and fluctuations in the NFT industry in 2024, NFT (non-fungible token) still occupies an indispensable position in the Web3 field. Although the media and analysts often declare that NFT is "dead", market data shows that the unique value and market demand of NFT are still growing. According to data from the data tracker CryptoSlam, NFT sales in 2024 will be approximately US$8.5 billion. Although lower than the peak of the past few years, the number of buyers has increased by 62% to 7.5 million. This growth shows that demand in the NFT market is still strong in some aspects.

The so-called "duty crime" is not a single crime in my country's criminal law system, but a general term for crimes committed by staff of state organs, state-owned companies, enterprises, institutions and people's organizations who use their existing powers to embezzle, bribe, commit favoritism and fraud, abuse their power, neglect their duties, infringe upon the personal and democratic rights of citizens, and undermine state rules and regulations on official activities, and which should be punished in accordance with the Criminal Law.

In practice, the Sajie team has found that currently, crimes of embezzlement and bribery by state agency staff, as well as crimes of occupational misappropriation and bribery by non-state agency staff, are increasingly involving crypto assets - more and more people are using crypto assets as a covert tool for transferring benefits.

Trump's victory in the U.S. presidential election propelled Bitcoin to break through the $100,000 mark, accelerating this round of the bull market. Not only Bitcoin but also projects associated with the Trump team are taking off.

Recently, World Liberty Financial (hereinafter referred to as WLFI), closely related to the Trump family, has frequently purchased ETH, LINK, AAVE, ENA, etc., triggering a following trend in the market, making it an undeniable barometer in the crypto investment market.

So, what is WLFI, and what market-moving actions might it take in the future?

01 What is WLFI?

Deep Tide TechFlow Deep Tide TechFlow December 25, 2024 18:14 Henan

As 2024 comes to a close, 2025 is anticipated to arrive.

Amidst the noise of the bull market, major crypto institutions are releasing their market outlook for 2025. According to the published content, institutions generally believe that 2025 will be a key year for the crypto market: Bitcoin is expected to break the $200,000 mark, and crypto assets will further mainstream, with several crypto unicorns potentially listing on U.S. stock exchanges.

Notably, many institutions expect 2025 to mark the peak of this bull market cycle, with inflows into Bitcoin ETFs, traditional financial institutions opening up to crypto asset allocations, and AI-enabled innovative applications becoming significant driving forces for market development.

Daily Market Overview (10:00 AM, December 26, 2024)

ChainDD's market data on December 26 shows the comprehensive index and CoinMarketCap quotes:

BTC is priced at $99,024.83, up about 0.80% in 24 hours;

ETH is priced at $3,458.95, down about 0.38% in 24 hours;

BNB is priced at $705.03, up about 1.02% in 24 hours;

DOT is priced at $7.42, down about 1.13% in 24 hours;

DOGE is priced at $0.3313, down about 1.32% in 24 hours.

Chain Circle Dynamics

CryptoQuant: Bitcoin accumulation addresses added over 225,000 BTC in December, a monthly increase of 82.6%.

According to CryptoQuant data, the demand for Bitcoin accumulation addresses surged in December, with these investors net adding 225,280 BTC by December 23, a monthly increase of 82.6%.

Daily Quotes (20:29, December 25, 2024)

ChainDD's market data on December 25 shows that the combined DD index and CoinMarketCap quotes are:

BTC was at $98,044.81, up about 4.28% in 24 hours;

ETH was at $3,473.58, up about 2.35% in 24 hours;

BNB was at $705.5, up about 3.21% in 24 hours;

DOGE was at $0.3331, up about 3.32% in 24 hours;

DOT was trading at $7.45, up about 2.80% in 24 hours.

Cryptocurrency News

Opinion: If a company owns 10% or more of Bitcoin, it will bring injustice to the crypto community

Jason Calacanis, a venture capitalist who has invested in companies such as Uber and Robinhood, warned on the X platform that if a company owns 10% or more of Bitcoin, Bitcoin's reputation as a decentralized financial tool may be at risk, making people feel that Bitcoin is no longer fair. He explained: "If any one person owns too much Bitcoin, it will destroy the Bitcoin game. I think the proportion of investment in Bitcoin can be around 10%. For MicroStrategy, if they acquire too much Bitcoin, everyone in the crypto community will naturally think that they are 'working' for Michael Saylor and will be deeply dissatisfied with him, and finally they will switch to another fairer 'game'."

Daily market report (December 25, 2024, 10:05 AM)

ChainDD's market report on December 25 shows the comprehensive index from Dedede and CoinMarketCap quotes:

BTC is priced at $97,900.04, up about 2.10% in the last 24 hours;

ETH is priced at $3,470.92, up about 1.93% in the last 24 hours;

BNB is priced at $648.29, up about 2.15% in the last 24 hours;

DOT is priced at $6.83, down about 1.25% in the last 24 hours;

DOGE is priced at $0.3354, up about 0.97% in the last 24 hours.

Cryptocurrency market updates

South African parliament member Mzwanele Manyi: The rise of Bitcoin will devalue gold

South African parliament member Mzwanele Manyi recently posted on X: 'Bitcoin is rising comprehensively. It will devalue gold, which is unstoppable. Therefore, we need to get on this train to hedge against the inevitable devaluation of our gold reserves.

Daily market data (December 24, 2024, 20:35)

ChainDD's market data on December 24 shows the comprehensive DD index and CoinMarketCap quotes:

BTC is priced at $95,827.16, down approximately 2.05% in 24 hours.

ETH is priced at $3,332.51, down approximately 1.93% in 24 hours.

BNB is priced at $648.78, down approximately 0.68% in 24 hours.

DOGE is priced at $0.3126, down approximately 0.97% in 24 hours.

DOT is priced at $6.98, down approximately 1.90% in 24 hours.

Cryptocurrency news

Bloomberg strategists: The current pullback involves not only Bitcoin but also gold and other risk assets; Bitcoin is merely 'normal regression'.

Mike McGlone, senior commodity strategist at Bloomberg Intelligence, explained on platform X why Bitcoin's price has seen recent pullbacks. He noted that the current market pullback actually involves not only Bitcoin but also gold and other risk assets, with Bitcoin's decline being larger due to higher volatility. However, for Bitcoin, it's merely 'a little normal regression'. Mike McGlone also mentioned that while the S&P 500 index did not experience a significant decline in Q4 this year, it does not mean this momentum can be maintained, especially since 2025 is unlikely to sustain growth momentum.

Beosin December 24, 2024 16:39 Singapore In 2024, while the blockchain industry faces increasingly severe security challenges alongside technological innovation and ecological expansion, according to monitoring by Beosin's security auditing company under the Alert platform, as of the time of writing, the total loss in the Web3 sector due to hacker attacks, phishing scams, and project rug pulls has reached 2.491 billion USD.
These incidents not only expose technical flaws such as private key management and smart contract vulnerabilities but also highlight the potential risks of social engineering and internal management. This article will review the top ten security incidents in Web3 in 2024, helping the industry learn lessons and better cope with future security threats.

Messari Deep Tide TechFlow December 23, 2024 22:08 Henan

Compilation & Translation: Deep Tide TechFlow

Introduction

It's year-end again, a time for summary and outlook.

As a top research institution in the field, Messari has released its annual report (The Crypto Theses 2025) as scheduled last week, providing a comprehensive description and forecast of the development history of the crypto industry in 2024 and trends for 2025.

The report highlights several points, such as the expectation that BTC will mature as a global asset next year, and the attribute of meme coins as a speculative outlet will continue to attract users.

Author | Coin Center

Translation | GaryMa Wu Says Blockchain

Original link:

https://www.coincenter.org/coin-centers-analysis-of-the-crypto-policy-landscape-following-the-elections/

In the recent elections, cryptocurrency received a lot of attention, and many are speculating about whether the new government and Congress will have a friendly stance towards cryptocurrency. In short, we expect that in some areas, policies may improve, while other areas will still face challenges. We believe that in the realms of securities and banking regulation, there is potential for clearer rules, such as those governing centralized secondary markets and centralized stablecoin issuers.