Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. The content covers key news of the week, market and contract data, mining information, project trends, technology progress and other industry trends. This article is a project weekly, giving you an overview of the progress of mainstream projects and star projects this week.
BitcoinThe new chairman of the U.S. House of Representatives Financial Services Committee: Will consider the value of Bitcoin reserves to the United States
According to Walter Bloomberg, the incoming U.S. House of Representatives French Hill, Chairman of the Financial Services Committee Said, “The value of Bitcoin reserves to the United States or the Treasury Department must be seriously considered.”
Slow Mist Cosine: Quantum computing is far from cracking the Bitcoin private key, and there is no need to worry about the security of Satoshi Nakamoto’s private key for the time being. Question
In response to the recent market concerns about the quantum computer chip Willow and the freezing of Satoshi Nakamoto’s private keys, SlowMist founder Cosine quoted encryption researcher Jeffrey Scholz The tweet stated: "The current dozens of quantum computing gates are still at least a few million gates away from being able to crack the Bitcoin private key. It is not easy to increase the number of quantum gates, and the noise and error rate will also increase, and eventually it will quickly Get a waste in the real world... don’t worry about Satoshi Nakamoto’s private keys for decades.”
Argentine President Milai plans to implement a free currency circulation plan next year, which may include Bitcoin<. /p>
Argentine President Javier Milley announced his Plans for his second year in office, Milai discussed key issues, including tax cuts that would cut taxes by 90%, easing the burden on Argentines and allowing states to set their own taxes. Additionally, Milai announced plans to implement free currency circulation in 2025, allowing Argentines to conduct business in the currency of their choice, including Bitcoin.
BlackRock: Bitcoin allocation can be capped at 2%
BlackRock said that allocating up to 2% of the investment portfolio to Bitcoin is a reasonable range .
10x Research: Bitcoin prices are driven by demand. This development highlights the increasing integration of Bitcoin with traditional financial markets.
10x Research issued an article stating that, contrary to popular belief, Bitcoin The price of a coin is driven by demand, not changes in its (mining) supply. During Bitcoin’s five bull markets, investors have continued to innovate in how they acquire Bitcoin, from early spot trading to utilizing tools such as futures, unsecured borrowing, spot Bitcoin ETFs, and now ETF options. The development highlights Bitcoin’s growing integration with traditional financial markets, a trend accelerated by regulatory approvals from agencies such as the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC), which over time Already legalizing Bitcoin-related financial products.
EthereumThe market value of BlackRock’s Ethereum ETF holdings exceeded US$3.5 billionYuan
BlackRock officially updated the Ethereum ETF holdings data. As of December 11, the iShares Ethereum Trust ETF’s Ethereum holdings reached 929,056.1186 ETH, and the market value of the holdings exceeded US$3.5 billion, which is approximately US$3,553,946,242.34.
VanEck releases predictions for crypto ETFs in 2025: SOL ETF is approved, Ethereum ETF allows staking
VanEck publishes three predictions for crypto ETFs in 2025 on the X platform: 1. More A new spot cryptocurrency ETF will be approved (i.e. ETFs such as Solana); 2. Spot Ethereum ETF will include staking. 3. Both spot BTC and ETH ETFs allow physical creation/redemption.
BlackRock Ethereum ETF holdings exceeded 980,000 ETH
BlackRock’s official updated data shows that as of December 12, its Ethereum exchange-traded fund iShares Ethereum The holdings of Trust ETF reached 981,155.3661 ETH, with a market value of $3,809,904,779.02.
CryptoQuant: Ethereum may break through $5,000 due to increased institutional demand
Ethereum may soon cross $5,000 due to increased institutional demand, according to a new report from CryptoQuant, This would mark an all-time high for the second-largest cryptocurrency by market capitalization. Not only that, there is also a lot of activity on the chain. The company said in a report on Thursday that it saw record inflows into the new ethereum ETF. Global investors poured $1.2 billion in new money into Ethereum funds last week, a record set just months after spot ETH funds began trading in the United States.
The Ethereum Foundation sold 100 ETH in exchange for 374,300 DAI
According to on-chain analyst Ember’s monitoring, the address 0xd77 used by the Ethereum Foundation to sell ETH in small amounts and at high frequencies… 1f4 sold 100 ETH 5 minutes ago for $3,743 in exchange for 374,300 DAI. It has been 27 days since the last ETH sale, and the interval between this transaction is nearly a month.
Other projectsBitcoin ecological wallet X verse will integrate Stacks’ sBTC
According to TheBlock report, Bitcoin ecological wallet Cross-chain BTC to sBTC. According to previous news, Stacks stated that sBTC will be launched on December 17.
Trump encryption project WLFI passes proposal as WLFI protocol deploys an Aave v3 instance
According to the governance page, the Trump encryption project WLFI has voted to pass the first community proposal, which aims to deploy an Aave v3 instance for the WLFI protocol. The instance will be managed through an external risk manager and will be built on existing Aave v3 infrastructure, eventually launching on the Ethereum mainnet.
The image generation image of Musk's AI model Grok includes a new "Meme generation" function
According to news on December 10, the AI model Grok of Musk's AI company xAI announced that, Grok's capabilities are being updated with a new autoregressive image generation model codenamed Aurora, available on the X platform. Grok's new functions in image generation include, in addition to entity generation and artistic culture, the "Meme generation" function.
Aligned announced the token ALIGN economic model: 44% is allocated to the ecosystem and community
On December 11, Aligned Layer, the ZK verification layer based on EigenLayer, announced its first product Proof Verification Layer has entered the mainnet Beta stage and released the $ALIGN token plan. In addition, Aligned also released details of the $ALIGN token, with a total supply of 10 billion and 30% of the initial circulation. Tokens will be used to pay for verification fees (pay-as-you-go or subscription model) and to be double-collateralized to secure the network. The token allocation is 44% for the community and ecosystem, 10% for the foundation, 23.5% for the team, and 22.5% for investors. The Aligned team stated that it will launch more products in the future, including Proof Aggregation Layer and zk-powered bridging services, and has cooperated with more than 30 projects to jointly promote the application and development of zk technology.
Circle establishes entity in Abu Dhabi International Financial Center and enters into partnership with LuLuFin
Digital financial technology company Circle Internet Group, Inc. announces the establishment of an entity in Abu Dhabi International Financial Center , an important milestone in its strategic expansion into the Middle East and Africa. Circle has also entered into a partnership with LuLu Financial Holdings (LuLuFin) and its affiliates to facilitate remittances and cross-border payments using Circle’s fully-reserved digital dollar USDC.
Musk criticized the U.S.’s IT backwardness for causing tax problems, and analysis said that blockchain may be the solution
Musk recently criticized the U.S. for using old computers and software, causing the tax agency (IRS ) cannot pass the basic audit, or even "difficult toTo track the whereabouts of taxes.” Some analysts pointed out that blockchain technology may be one of the solutions to this problem.