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Golden Morning News丨BTC exceeds 102,000 US dollars, Japanese lawmakers propose to establish a Bitcoin reserve
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2024-12-14 10:02 7,486
Headlines

▌BTC breaks through $102,000

The market shows that BTC breaks through $102,000 and is now trading at $102,001, 24 The hourly increase reaches 2%, and the market fluctuates greatly. Please control your risks.

▌Japanese parliamentarian proposes to establish Bitcoin reserve

Japanese Senate Member Satoshi Hamada Hamada officially submitted a proposal to Congress on December 11 to discuss the establishment of a Bitcoin reserve. The proposal echoes a global push to create Bitcoin reserves, including similar proposals in Russia, Brazil, Poland and the United States. With the price of Bitcoin breaking through an all-time high this month, reaching $103,000, talk of establishing a Bitcoin reserve has gained support at multiple venues. Representative Satoshi Hamada believes that Bitcoin’s reserves can help address global economic challenges and protect assets.


Quotes

As of press time, according to Coingecko data:

BTC’s recent transactions The price was US$102,612, with an intraday increase or decrease of +3.0%;

ETH’s recent transaction price was US$3,942, with an intraday increase or decrease of +1.9%;

BNB's recent transaction price was US$729.64, with an intraday increase or decrease of +4.2%;

SOL's recent transaction price was US$226.2, The intraday increase or decrease was +1.1%;

DOGE’s recent transaction price was 0.4112 yuan, and the intraday increase or decrease was +2.4%;

XPR’s recent transaction price was $2.44, with an intraday increase or decrease of +5.0%.


▌French Hill: A comprehensive crypto market structure bill will be introduced within the first 100 days of the legislative session

French Hill, the new chairman of the U.S. House of Representatives Financial Services Committee, said that the United States urgently needs an encryption market structure bill. This is the "top priority" of the Republican Party and plans to introduce it in the upcoming legislative session.Propose a comprehensive crypto market structure bill within the first 100 days of the meeting. Approval of the market structure bill would remove years of regulatory uncertainty that has shrouded the U.S. crypto industry, and pro-crypto legislation could pave the way for the U.S. to promote digital asset innovation and prevent crypto companies from offshore outsourcing. French Hill also criticized the current regulatory approach under SEC Chairman Gary Gensler. He said: "Under Chairman Gensler, we don't have traffic rules. We only have enforcement regulations. This does not help America succeed, it does not help technological advancement, Web3 innovation or the adoption of blockchain in public companies and financial services." Application. ”

▌US Congressman Cynthia Lummis: Has met with the incoming Secretary of the Treasury to discuss Bitcoin strategic reserves

U.S. Crypto-Friendly Senator Cynthia Lummis has met with Trump’s incoming Treasury Secretary Scott Bessent to discuss the Bitcoin strategic reserve.

▌Yellen urges incoming Trump: Do not take radical measures to interfere with necessary bank supervision

Exclusive news from Reuters revealed that U.S. Treasury Secretary Yellen urged the incoming Trump on the 13th local time not to interfere with the appropriate supervision of U.S. banks’ capital levels, liquidity and risk-taking. These regulations are essential to ensuring the banking system. health is of paramount importance. Reuters mentioned that Yellen has served as Treasury Secretary under Biden since January 2021. She said that the current regulatory system in the United States is not perfect, and it is reasonable to seek ways to reduce the burden. But she also warned that given the history of bank failures triggering financial crises, drastic measures should not be taken to interfere with necessary supervision. "I don't want to say that what we have is absolutely sacrosanct or untouchable. But I don't think it's broken. We have a great system," Yellen told Reuters. (Global Network)


Blockchain application

▌MagicBlock open source a16z supports "ephemeral rollup" technology

Solana gaming infrastructure startup MagicBlock is open-sourcing a16z-powered “ephemeral "rollup" technology, MagicBlock achieves this by running a non-voting Solana validator that runs in parallel with Solana and can temporarily wait until the security committee validates the state and settles it to layer 1Make computing resources "elastic". Solana's data is temporarily moved to a rollup (such as Optimism on Ethereum) to perform some time- or resource-sensitive functions that are usually performed on and off-chain on a centralized server.


Cryptocurrency

▌VanEck releases top ten crypto predictions for 2025: The United States embraces Bitcoin through strategic reserves

Bitcoin Magazine published an article on the . The United States embraces Bitcoin through strategic reserves and increased cryptocurrency adoption; 3. The value of tokenized securities exceeds $50 billion; 4. Daily settlement volume of stablecoins reaches $300 billion; 5. On-chain activity of AI agents exceeds 100 10,000 agents; 6. Bitcoin Layer 2 TVL will reach 100,000 BTC; 7. Ethereum blob space will generate $1 billion in fee income; 8. DeFi TVL reaches $200 billion, and DEX trading volume reaches $4 trillion; 9. The NFT market recovers, and trading volume reaches $30 billion; 10. DApp tokens narrow the performance gap with L1 tokens.

▌CZ retweeted Magic Eden’s new tweet supporting BNB Chain, ME broke through $4.4 in the short term

CZ forwarded Magic Eden's tweet announcing the new support for BNB Chain. The relevant content shows that BNB Chain is now online on Magic Eden's Launchpad, Mint Terminal and Marketplace. The market showed that ME broke through $4.4 in the short term, rising by about 10% in one hour. The market fluctuates greatly, so please control your risks.

▌The number of daily active cryptocurrency users worldwide reached 18.7 million in December, a record high

According to According to Token Terminal data, the number of daily active cryptocurrency users worldwide reached 18.7 million in December, a record high. That number was 7.7 million at the start of the year.

▌Analysis: About 2.25 million wallets bought 2.18 million BTC in the range of US$94,300 to US$100,250

According to on-chain analyst Ali published a document on the X platform to disclose data , about 2.25 million wallets bought 2.18 million BTC in the range of $94,300 to $100,250, which means that this price range has formed a significant support wall.

▌Bitcoin futures rose more than 1.4% on Friday, and spot Bitcoin recorded its longest consecutive weekly rise in more than three years

At the end of New York trading on Friday (December 13), the main CME Bitcoin futures BTC contract was at $102,000, up 1.43% from the late New York trading on Thursday, and a cumulative decline of 0.58% this week. On December 10, it was It fell to $94,640. Spot Bitcoin has risen by 0.68% in the past seven natural days, rising for the seventh consecutive week - investors are closely watching the potential regulatory stance of US President-elect Trump, setting the longest consecutive week of gains since September 2021. It was quoted at US$101,000 and fell to US$94,277.11 on December 10. The main contract of CME Ethereum futures DCR was reported at US$3928.00, up 0.55% from Thursday, and fell 3.56% this week. It also fell to US$3498.50 on December 10.

MicroStrategy(MSTR) was included in the Nasdaq 100 Index

MicroStrategy(MSTR) ) has been included in the Nasdaq 100 Index.


Important economic news

▌U.S. stocks closed mixed, with the Nasdaq rising 0.12%

U.S. stocks closed with mixed gains, with the Dow Jones Industrial Average falling 0.20%, the Nasdaq Composite Index rising 0.12%, and the S&P 500 Index closing flat.


Golden Encyclopedia

▌What is Rollup?

Rollup is a way of processing transactions on a Layer 2 protocol that frees up valuable space in the base layer. Rollup folds transactions one by one on the second layer, sometimes dozens of times, then rolls them together before sending the data back to Layer 1. There are two main types of Rollup, optimistic and zero-knowledge (ZK) proofbright. Optimistic Rollup is a fairly clear term. This means that Rollup operates with an "optimistic" approach, assuming transactions are valid unless proven wrong by the validator. They will check the validity of the transaction only if there is a dispute. ZK Rollup certifies transactions without revealing any transaction data. Therefore, it is called "zero knowledge". ZK Rollup provides instant finality because cryptographically proven data is guaranteed to be valid. In many ways, Rollup is to your standard blockchain transaction what Calzone is to your average pizza slice. By scrolling, you can put more stuff in.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.

Keywords: Bitcoin
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