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▌US media: Trump met with TikTok CEO Zhou Shouzi
According to a CNN reporter, Trump met with TikTok CEO Zhou Shouzi at Mar-a-Lago on Monday local time. TikTok previously asked the U.S. Supreme Court to temporarily block laws that force the sale or ban of TikTok applications.
▌ChatGPT search major update, adding real-time search and advanced voice
OpenAI started the eighth day of technology sharing live broadcast, and made a large number of updates to the ChatGPT search function. New features include real-time search. OpenAI has deeply optimized the search algorithm and can obtain real-time content (minute level) after users ask questions, including stocks, news, etc.; advanced voice. In advanced voice mode, users can Have a more natural multi-round search conversation with ChatGPT, more like a voice search butler; mobile terminal optimization, users can better use the search function on mobile terminals such as Android, iOS, tablets, etc., and the efficiency is increased by more than 40%. Map integration: ChatGPT now integrates a new map function. Users can directly view surrounding geographical location information in the search results for route planning and location exploration. It is estimated that this function will be developed towards a business model, and in the future it will conduct business cooperation with restaurants, shopping malls and the like.
Quotes
As of press time, according to Coingecko data:
The recent transaction price of BTC was US$106,020, with an intraday increase or decrease of +1.3%;
ETH The latest transaction price was US$3,979.89, with an intraday increase or decrease of +0.4%;
BNB’s latest transaction price 718.62 US dollars, with an intraday increase or decrease of -0.5%;
SOL’s recent transaction price was 215.62 US dollars, with an intraday increase or decrease of -0.9%;
DOGE’s recent transaction price was 0.4006 yuan, with an intraday increase or decrease of The increase or decrease was -1.5%;
XPR’s recent transaction price was $2.47, with an intraday increase or decrease of +0.6%.
▌NFT project CyberKongz said it received a Wells notice from the U.S. SEC
NFT project CyberKongz issued a document on the X platform saying that it received a notification from the U.S. Securities and Exchange Commission (SEC). The Wells Notice is a form of communication issued by SEC staff to let companies know that agency staff may recommend enforcement action against them.
The team said: “The U.S. SEC Enforcement Department has made very worrying remarks to us, that is, if the token (ERC-20) is not registered as a security, it cannot be used with the blockchain. Games combined. This kind of rhetoric will have a significant impact on the entire web3 games industry and we will oppose this position more broadly."
▌TD Cowen analysisDivision: Democrats may not hold top positions in the U.S. Securities and Exchange Commission (SEC) next year
TD Cowen analysts said that Democrats may not hold top positions at the U.S. Securities and Exchange Commission (SEC) next year, setting the stage for Republicans to enact cryptocurrency Relevant rules give way.
The investment bank noted that an all-Republican committee would help Atkins move forward with the rules faster because there are no Democrats to stall the process. Analysts say, however, that bipartisanship also carries risks that could affect future cryptocurrency regulation. "If the rules are seen as partisan, a Democratic SEC would be more likely to change them, versus bipartisan rulemaking that could create a regulatory regime that stands the test of elections," the analysts said. "We believe this will be provided Stability, which will benefit crypto trading platforms, token issuers and the broader crypto industry”
Blockchain Applications
▌EY Global Blockchain Leader: 2025 District. The blockchain industry will usher in an accelerated revolution and a brighter future
Paul Brody, Ernst & Young’s global blockchain leader, wrote that in 2024 2019 was a breakthrough year for blockchain. What was originally a gradual process of transitioning to regulatory approval, public blockchains, and legal digital assets has now become a sprint. On the regulatory front, the U.S. is poised to accelerate significantly and potentially leapfrog the rest of the world in its acceptance and expansion of digital assets.
Paul Brody’s article stated: “2024 is an extraordinary year for blockchain. We have not changed direction, but we have begun to move forward at a faster speed. Looking forward to 2025, the industry will usher in an accelerated revolution. and brighter prospects”.
▌Layer1 blockchain Avalanche launches Avalanche9000 upgrade
Layer1 blockchain Avalanche announced the launch of the Avalanche9000 upgrade on Monday. The upgrade introduces many new features, including enabling the launch of "subnets" Improvements that make running smart contracts easier and cheaper on the blockchain.
It is reported that Avalanche9000 is the largest upgrade of the network so far. This update contains improvement proposals ACP-77 (which changes the way validators operate) and ACP-125 (which reduces the base fee of the Avalanche main "C-chain" network).
The team wrote on X: "Here are hundreds of Avalanche The beginning of the L1 rollout. Avalanche9000 reduces the cost of deploying L1 by 99.9%, and with hundreds of L1s in development on the test network, the launch volume will explode in the coming months. ”
Cryptocurrency
▌Analyst: MicroStrategy is expected to be included in the S&P 500 in June 2025
MicroStrategy (MSTR) will be included in the S&P 500 on December 2, 2024On the 3rd, it officially joined the Nasdaq 100 Index and became the first Bitcoin company to be selected into the index. Analysts expect this to bring about $2.1 billion in passive ETF buying and increase market liquidity. Although the company has not yet met the S&P 500's profitability criteria, MicroStrategy is expected to be included in the S&P 500 quarterly adjustment in June 2025 after new accounting standards take effect in January 2025. The company currently holds 439,000 Bitcoins, worth over $45 billion.
▌Ether.Fi proposes to allocate 5% of the protocol revenue to buy back ETHFI and distribute it to stakers
According to the decentralized finance (DeFi) protocol Ether.Fi community According to a post on the governance forum, Ether.Fi proposed allocating 5% of protocol revenue to purchase ETHFI and distribute it as rewards to ETHFI stakers, a move aimed at "enhancing ETHFI." its utility, strengthen its market, and align user incentives with the growth of the Ether.Fi ecosystem.”
The Ether.Fi team describes the 5% revenue distribution as a “starting point,” noting that rewards will initially only be available to token holders who have staked ETHFI for at least a month. According to the post, the proposal will be voted on by token holders before the end of the week. Ether.Fi has used protocol revenue to buy back tokens from ETHFI’s main liquidity pool.
▌Monad announces the establishment of the Monad Foundation
Monad announced on Twitter that it will establish the Monad Foundation: "We are very happy to announce the establishment of the Monad Foundation, which is an important step in promoting the Monad protocol and An important step towards further decentralizing the ecosystem. The Foundation’s mission is to promote the growth and popularity of the Monad protocol, a decentralized, permissionless network with many independent global contributors. ”
< p>▌USDC Treasury minted 50 million USDC on the Ethereum blockchainAccording to Whale Alert monitoring, around 01:55 Beijing time today, USDC Treasury minted 50,000,000 USDC on the Ethereum blockchain.
▌Blast: Plans to announce updates on mobile platform and token economics next month
Blast posted on the X platform that it has been working hard for several months and is finally close. Launch, final touches are now being made to the Blast mobile platform, token economics updates, and other important announcements, all of which are scheduled to go live next month.
Important Economic Updates
▌The probability that the Federal Reserve will cut interest rates by 25 basis points in December is 95.4%
According to CME's "Fed Watch", the Federal Reserve will maintain current interest rates unchanged until December. The probability is 4.6%, tiredThe probability of a 25 basis point interest rate cut is 95.4%. The probability of keeping current interest rates unchanged by January next year is 3.8%, the probability of a cumulative 25 basis point interest rate cut is 79.9%, and the probability of a cumulative 50 basis point interest rate cut is 16.3%.
▌The three major U.S. stock indexes closed mixed
The three major U.S. stock indexes closed mixed. The Nasdaq rose 1.24%, setting a new high; the S&P 500 index rose 0.39%. , the Dow fell 0.25%. Most large technology stocks rose. Tesla rose by more than 6%, Google rose by more than 3%, Intel and Amazon rose by more than 2%, Apple rose by more than 1%, Netflix and Meta rose slightly; Nvidia fell by more than 1%, and it fell by more than 1% during the session. fell into the correction zone. Among them, Tesla, Google, and Amazon have all reached new highs.
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 Rollups, optimistic and zero-knowledge (ZK) proofs. 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.