▌Biden orders executive departments to close on January 9, 2025
On December 30, local time, US President Biden ordered all federal executive departments and agencies to close on January 9, 2025 Closed to pay tribute to Jimmy Carter, the 39th President of the United States, who passed away on the 29th. Biden said in the statement that for reasons of security, national defense or other public needs, the heads of federal executive departments and agencies may decide that some offices and facilities will remain open. Previously, the White House had declared January 9, 2025, as a national day of mourning to commemorate Carter.
▌El Salvador has increased its holdings of 53 BTC in the past 30 days, and currently holds more than 6,002 BTCs
On-chain data shows that El Salvador has increased its holdings of 53 BTC in the past 30 days, and currently holds more than 6,002 BTC. 6,002.77 BTC (approximately $556 million).
Quotes
As of press time, according to Coingecko data:
BTC’s recent transaction price was US$92,639.82, with an intraday increase or decrease of -0.9%;
ETH’s recent price The transaction price was US$3,354.47, with an intraday increase or decrease of -0.0%;
BNB’s latest transaction price 704.63 US dollars, with an intraday increase or decrease of +1.6%;
SOL’s recent transaction price was 191.11 US dollars, with an intraday increase or decrease of +0.7%;
DOGE’s recent transaction price was 0.3132 yuan, with an intraday increase or decrease of The increase or decrease was -0.4%;
XPR’s recent transaction price was US$2.06, with an intraday increase or decrease of -1.7%.
▌Analysis: The implementation of the MiCA Act brings uncertainty about USDT compliance, which may affect the EU encryption market structure
The EU’s MiCA Act officially takes effect, but Tether’s USDT It has not yet received certification of compliance, raising concerns about its future in the EU market. MiCA imposes strict requirements on stablecoin issuers. Big-name stablecoins such as Tether face capital reserve and liquidity requirements, which may lead to their withdrawal from the EU market. Still, Tether’s large market capitalization and global adoption make it unlikely to suffer an immediate financial hit. At the same time, some exchanges in the EU have begun to take measures to deal with the new regulations, and Coinbase Europe has removed stablecoins such as USDT from its shelves. Analysts said MiCA would push some small and large companies out of the EU, promote market consolidation and could bring higher investment and operating costs.
▌The judge postponed the trial between the CFTC and Gemini to January 21
New York Court Judge Alvin Hellerstein decided to postpone the trial between the U.S. Commodity Futures Trading Commission (CFTC) and Gemini Trust. The trial of the civil case has been postponed to January 21, 2024. The original trial date was January 13. This case stems from the 2022 CFTC’s decision on GeminiThe complaint alleges that it made false or misleading statements to the CFTC when it applied to offer Bitcoin futures contracts in 2017. The postponed trial date will coincide with the new president taking office, which may affect the CFTC’s stance on Gemini and other encryption companies. The court stated that no further postponement would be granted except in exceptional circumstances.
▌Blockchain Association sues the U.S. IRS over digital asset reporting rules
The U.S. Internal Revenue Service (IRS) recently issued new regulations requiring crypto platforms (including decentralized exchanges) to report Digital asset transaction information, and stipulates that from 2027, the platform must disclose taxpayer information involved in digital asset transactions and their sales revenue. In response, the Blockchain Association and the Texas Blockchain Association jointly sued the IRS, arguing that the rule violated the U.S. Administrative Procedure Act and may have a negative impact on the U.S. encryption and decentralized finance (DeFi) industry. Blockchain Association CEO Kristin Smith said the lawsuit aims to protect the future of the U.S. crypto industry and support the interests of innovators.
▌MoonPay received a license issued by the Dutch Financial Market Authority under the EU MiCA Act
MoonPay stated in a notice on December 30, The Dutch Financial Markets Authority has issued the cryptocurrency company a license under the EU Markets in Cryptoassets Act (MiCA) to operate as a licensed crypto business in the Netherlands.
Blockchain Application
▌Musk: Community Notes is completely decentralized and open source
Musk said on X that in order to ensure the accuracy of the Community Notes system, The best way is to become a contributor. He emphasized that the system is completely decentralized and open source, including code and data, and any manipulation will be easily discovered. Musk further stated that X and his team, including himself, had no editorial control over the system. The way the system works is that people who once disagreed must agree in order for a certain note to show up.
Cryptocurrency
▌ZachXBT: Blockchain Bandit transferred 51,000 ETH after 2 years of dormancy, equivalent to approximately US$172 million
Hacker Blockchain Bandit stole 51,000 Ethereum primarily by successfully guessing weak private keys. After being dormant for nearly two years, blockchain investigator ZachXBT said in a Telegram post on December 30 that all 51,000 Ethereum was stolen from 10 The wallet address was transferred to the multi-signature address "0xC451D542". These funds were mainly transferred in batches of 5,000 Ethereum between 8:54 pm UTC and 9:18 pm UTC on December 30.
Prior to this, the stolen funds had been in these 10 wallets since 51,000 Ethereum was transferred on January 21, 2023The address is dormant. Around the same time, the hacker also transferred 470 Bitcoins.
▌ Yesterday, GBTC had a net outflow of US$134.5 million, and ETHE had a net outflow of US$17.4 million.
According to Farside According to Investors monitoring data, the capital data of the US spot Bitcoin ETF and spot Ethereum ETF yesterday (December 30) are as follows:
Spot Bitcoin ETF: GBTC net outflow of US$134.5 million, BTC net outflow of US$31.7 million , BITB had a net outflow of US$31.4 million;
Spot Ethereum ETF: ETHE had a net outflow of US$17.4 million, and ETH had a net outflow of US$13.8 million.
▌CZ: We don’t predict trends, we follow them and try to make contributions
Binance founder CZ posted on the What's the next big thing? Frankly, I don't know. I try to help as many projects as possible to see them. Where will it take us? We don’t predict trends, we follow them (and try to contribute)”
▌BlackRock Bitcoin ETF is hailed as “the greatest ETF launch in history”
p>According to Bloomberg, the spot Bitcoin ETF launched by BlackRock (BlackRock) IBIT has been called "the greatest ETF launch in history." Since its launch in January 2024, the product has quickly become one of BlackRock's largest funds. The success of IBIT not only pushed the price of Bitcoin to exceed $100,000, but also promoted an investment boom in the cryptocurrency field. In less than a year, IBIT has grown faster than any of the world's 1,400 ETFs. Analysts said that IBIT's success trajectory is unprecedented and it is expected that it will be difficult to compete with similar products in the future.
Important Economic Updates
▌The probability that the Federal Reserve will keep interest rates unchanged in January next year is 88.8%
According to CME's "Fed Watch", the Federal Reserve will keep interest rates unchanged in January next year. The probability of a 25 basis point interest rate cut is 88.8%, and the probability of a 25 basis point rate cut is 11.2%. The probability of keeping current interest rates unchanged by March next year is 46.2%, the probability of a cumulative 25 basis point interest rate cut is 48.4%, and the probability of a cumulative 50 basis point interest rate cut is 5.4%.
▌The U.S. dollar index rose 0.13% on December 30
The U.S. dollar index, which measures the U.S. dollar against six major currencies, rose 0.13% that day and closed at 108.132 in the late foreign exchange market. As of late trading in New York, 1 euro was worth $1.0397, down from $1.0428 on the previous trading day; 1 pound was worth $1.2544, down from $1.2582 on the previous day. 1 U.S. dollar was exchanged for 157.09 yen, lower than the 157.94 yen on the previous trading day; 1 U.S. dollar was exchanged for 0.9040 Swiss francs, higher than 0.9018 Swiss francs on the previous trading day; 1 U.S. dollar was exchanged for 1.4359 Canadian dollars, lower than the previous trading day's 1.4411 Canadian dollars; 1 US dollar exchanged for 11.0249 Swedish kronor, higher than the previous trading day's 11.0011 Swedish kronor.
▌The offshore RMB fell 151 points against the U.S. dollar from late New York trading last Friday
The offshore RMB (CNH) against the U.S. dollar reported 7.3152 yuan at 05:59 Beijing time, lower than last week It fell 151 points in late New York trading on Friday, and the overall trading range during the day was 7.2978-7.3195 yuan.
Golden Encyclopedia
▌What is Ripple Labs’ RLUSD stablecoin?
RLUSD is a stablecoin developed by Ripple Labs, the organization behind the XRP cryptocurrency. RLUSD, or Ripple Labs USD, aims to provide a stable digital currency for trading and trading. As a stablecoin pegged to the U.S. dollar, 1 RLUSD is equal to 1 U.S. dollar. Each RLUSD maintains a 1:1 peg. These collateral assets are either U.S. dollar deposits or cash equivalents.
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.