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Project Weekly | Bitcoin will subvert the traditional financial system. The founder of ai16z joins the Eliza project as a consultant
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2024-12-29 10:02 3,934

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.

Bitcoin

Vancouver Mayor Ken Sim: Bitcoin is the best-performing asset in the past 16 years

Vancouver Mayor Ken Sim: Bitcoin is the best-performing asset in the past 16 years Best asset. It's better than gold. It will not be captured by military force. It could make Vancouver a world leader in Bitcoin innovation.

Trump’s second son: Bitcoin will subvert the traditional financial system and believe it will exceed US$2 million

According to Bitcoin.com News, Trump’s second son, Trump Eric Trump, executive vice president of Trump Group, expressed optimism about the future development prospects of Bitcoin and believed that Bitcoin will subvert the traditional financial system. He compared Bitcoin to "a speeding freight train" and pointed out that when Bitcoin broke through 100,000 US dollars, it had attracted widespread attention. He expected that when the price reached 1 million US dollars, it would attract more attention, and believed that Bitcoin would eventually break through 200. million dollars. Eric Trump emphasized that the entire cryptocurrency industry is on the rise and traditional banking is outdated and problematic.

Binance supports Thailand’s Bitcoin payment pilot proposal

Thailand is considering a Bitcoin pilot project proposed by former Prime Minister Thaksin Shinawatra, which will be launched in Phuket is being tested as a tourism-focused sandbox. The proposal has the support of Binance Thailand’s CEO, who sees it as a positive step for the country’s competitiveness and ability to attract tourists. However, despite efforts by industry advocates and some supporters to turn Thailand into a digital hub, the Bank of Thailand still bans crypto payments.

Japan has officially responded to the proposal to establish a Bitcoin reserve: it is still in the discussion stage

Japan recently responded to Senate member Satoshi Hamada’s proposal that "the United States and others are promoting Bitcoin as a reserve asset." "Moving Proposal" gave a formal reply. In its reply, Japan stated that it has not yet fully grasped the relevant trends in the United States and other countries, and mentioned that the introduction of Bitcoin as a reserve asset is still in the discussion stage, and it is difficult for Japan to express an opinion on the specific situation. In addition, based on the legal framework for the use of special accounts, Japan pointed out that "encrypted assets do not fall into the category of foreign exchange, etc." and explained that the current foreign exchange reserves are mainly aimed at stabilizing assets denominated in foreign currencies and the foreign currency bond market. The reply document repeatedly emphasized that the use of special accounts gives priority to ensuring the safety and liquidity of foreign exchange reserves. It can be seen that Japan believes that the price volatility of crypto assets, including Bitcoin, is high and incompatible with the current system. The reply document once again shows that in the international discussion on the inclusion of crypto-assets in the reserveJapan still maintains a cautious stance against the backdrop of ongoing discussions on its preparedness strategy.

U.S. spot Bitcoin and Ethereum ETFs have seen net inflows of $38.3 billion since launch

U.S. spot Bitcoin exchange-traded funds have seen staggering net inflows in 2024 $35.66 billion – well ahead of early industry estimates, while the spot Ethereum ETF has performed strongly, with net inflows of $349.3 million over the past four trading days, taking it to $2.68 billion since launch. BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the way with $37.31 billion in net inflows, while Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB) each led the way with $118.4, according to data from Farside Investors. Net inflows of US$2.49 billion and US$2.49 billion ranked among the top three, followed by Bitwise Bitcoin ETF (BITB) with a net inflow of US$2.19 billion.

Ethereum

Justin Sun: The rumors circulating on the Internet that we are liquidating Ethereum are untrue

TRON founder Justin Sun: The rumors circulating on the Internet that we are liquidating Ethereum are untrue. This is just a transfer between different wallets. We remain optimistic about the Ethereum ecosystem in the long term.

BlackRock’s Ethereum ETF holdings increased to over 1.065 million ETH

According to BlackRock’s official update of Ethereum exchange-traded fund data, as of December 26, iShares The holdings of Ethereum Trust ETF reached 1,065,357.6328 ETH, and the market value of the holdings reached US$3,539,363,088.48.

The net supply of Ethereum has increased by 11,849 coins in the past 7 days

According to Ultrasound.money data, the net supply of Ethereum has increased by 11,849 coins in the past 7 days, of which the supply has increased by approximately 18,016 coins ETH, 6166 ETH were destroyed through the destruction mechanism. The total supply of Ethereum has reached 120,461,356 ETH, and the supply growth rate is currently 0.513% per year.

Ethereum NFT transaction volume rose to US$186 million last week, the highest level in the past three months

According to data from The Block, Ethereum NFT transaction volume surged to US$186 million last week. US$186 million, reaching the highest level in three months, an increase of 67% from US$111 million in the previous week. This growth is in stark contrast to NFT activity on other chains. Bitcoin is the second-largest NFT ecosystem, with only $33 million in weekly trading volume. The craze was fueled by the issuance of Pudgy Penguins’ native token PENGUthe main catalyst. The series generated $108 million in trading volume, with a single penguin trading above 29 ETH, but experienced a sharp drop following the token’s launch.

Other projects

Binance Alpha announced the 7th batch of project tokens

According to official news, Binance Alpha announced the 7th batch of project tokens, including EVAN, BITCOIN, VISTA, AVAAI, AITECH.

The founder of ai16z joined the Eliza project as a consultant

AVA issued a document on the X platform stating that Shaw, the founder of ai16z, joined the Eliza project as a consultant. At the same time, Eliza Studios director and ai16z creative person Jeff, Nous Research researcher Ropirito and Ryze Labs founder Matthew also announced that they have become consultants for the Eliza project.

Binance Launchpool launches the 63rd project Bio Protocol (BIO)

Binance announced that the Binance New Coin Pool has launched the 63rd project - Bio Protocol (BIO). This is a A governance and liquidity protocol for Decentralized Science (DeSci). The web page is expected to be online within 12 hours before the new coin pool is launched. Users will be able to lock their BNB and FDUSD to receive BIO airdrops within ten days. Binance will list BIO at 18:00 Beijing time on 2025-01-03, and open the BIO/USDT, BIO/BNB, BIO/FDUSD and BIO/TRY trading pairs. The seed tag will be applied to the BIO.

Monex releases the metaverse project "OASIS TOKYO" in The Sandbox to the public

Monex Group announced that its Web3 business unit Monex Web3 has begun releasing the OASIS TOKYO developed on The Sandbox to the public . The project will develop 8 x 8 plots on The Sandbox, with 3 x 3 plots as the main land, creating a space that imagines the future city of 2035. Event facilities such as art galleries and stages will be located in Japan’s iconic urban landscape, serving as a base for interaction between creators and fans. OASIS is a member of Monex Web3 and has deployed "OASIS KYOTO" on Decentraland and "OASIS KYOTO NEO" on Fortnite. This time, OASIS TOKYO is positioned as one of the largest projects in The Sandbox.

Keywords: Bitcoin
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