▌FTX officially announced that the bankruptcy plan has taken effect, and the first batch of compensation is expected to be paid within 60 days
FTX Officials announced that the bankruptcy plan officially came into effect on January 3, local time. According to previously disclosed bankruptcy plan contents, the first batch of compensation is expected to be made within 60 days.
▌Bitcoin hash rate hits all-time high
According to data from CoinWarz, Bitcoin The hash rate (the total computing power securing the Bitcoin network) reached an all-time high of 1,000 EH/s on January 3, which is nearly double the network hash rate 12 months ago. CoinWarz data shows that in January 2024, Bitcoin’s hash rate hovered around 510 EH/s. Bitcoin’s hash rate is back down to about 780 EH/s at press time.
Quotes
As of press time, according to Coingecko data:
BTC’s recent transactions The price is US$97,962.02, with an intraday increase or decrease of +1.4%;
ETH’s recent transaction price was US$3,592.82, with an intraday increase or decrease of +4.2%;
BNB’s recent transaction price was US$717.33, with an intraday increase or decrease of +2.3% ;
SOL’s recent transaction price was US$217.45, with an intraday increase or decrease of +5.7%;
DOGE's recent transaction price was 0.3814 yuan, with an intraday increase or decrease of +13.3%;
XPR's recent transaction price was 2.44 US dollars, The intraday increase or decrease was +1.1%.
▌Chairman of Korean Exchange: Interested in launching cryptocurrency ETF in 2025
Eun-Bo Jeong, chairman of the Korea Exchange (referred to as Korea Exchange, a stock exchange), expressed interest in launching cryptocurrency-based ETFs this year to meet global demand for such products. At the opening ceremony of the Securities and Derivatives Market on January 2Above, Eun-Bo Jeong emphasized the importance of innovative financial products in revitalizing South Korea’s capital market.
Blockchain Application
▌Bio Protocol January Roadmap: Cross-chain to Solana and Base, release launch platform contract
Bio Protocol co-founder Paul Kohhaas released Bio Protocol’s January roadmap, including: introducing 10 new DAOs; releasing Rust and EVM launch platform contracts; cross-chaining BIO to Solana and Base Network; Launching genesis projects for Curetopia and Long COVID Labs; Launching DeFi liquidity pairing; Launching DeScAI proxy MVP (in partnership with Vita Dao); Conducting a token generation event (TGE) for Quantum Biology DAO; Launching platform audit.
▌Base considers launching tokenized COIN stocks
Base developer Jesse Pollak in X Coinbase is considering offering tokenized shares of its shares to U.S. users of Base, its Ethereum layer 2 network, a post on the platform said. Pollak said that non-U.S. users can already obtain tokenized COIN shares through protocols such as Backed, a tokenized RWA platform, and implementing COIN on Base is "something we will look into in the new year," adding that eventually "Every asset in the world will be implemented on Base." Jesse Pollak added that Coinbase has “no concrete plans yet” and is in an “exploratory phase” as the exchange works to understand how to comply with U.S. regulations.
Cryptocurrency
▌UNI breaks through $15
The market shows that UNI breaks through 15 US dollars, currently trading at 15.01 US dollars, with a 24-hour increase of 6.08%. The market fluctuates greatly, so please control risks.
▌Polymarket's cumulative trading volume will exceed US$9 billion in 2024
Data aggregated by The Block shows that prediction market platform Polymarket has experienced exponential growth in multiple indicators in 2024, including active traders, trading volume and open interest (OI), reaching all-time highs earlier this year. The platform’s cumulative trading volume exceeded 9 billion US dollars, and the monthly trading volume in November alone reached a record high of 2.63 billion US dollars; the number of active traders in December reached a new high of 314,500; and open interest (OI) in the United States in November It hit a record high of $510 million during the election. Polymarket’s monthly volume growth for the full year was 66.5%. In January 2024, Polymarket’s trading volume was only $54 million, but by November, this number had risen to more than $2.6 billion, an increase of nearly 48 times in a year.
▌Yixin Wallet withdrew 84 million PENGU from Binance, worth US$3.05 million
According to OnchainLens monitoring, a newly created wallet has withdrawn 84 million PENGU from Binance, worth $3.05 million.
▌Babylon official promotion was stolen this morning, users please do not click on any links
According to social media reports on January 4, Babylon’s official Any links posted by this account.
▌Coinbase CEO sold $636 million in COIN shares last year, and Michael Saylor sold $410.8 million in MicroStrategy shares
Based on insider stock sales disclosed by the top 60 companies in the S&P 500 in 2024, approximately 500 insiders, executives, investors and other major shareholders collectively sold worth $36.9 billion in company stock, with Amazon executive chairman Jeff Bezos accounting for more than a third of that total ($13.4 billion). Four crypto executives make the top 25: Coinbase CEO Brian Armstrong at No. 8 with $636 million; MicroStrategy’s Michael SaylorRanked 13th with $410.8 million; Coinbase co-founder Fred Ehrsam ranked 22nd with a total of $203.8 million. This figure includes COIN shares sold by his trust and his fund Paradigm; following Ehrsam is Coinbase COO Emilie Choi, who joined the company in 2018 from LinkedIn for $186.4 million.
▌Cango enters Bitcoin mining and may become one of the world's largest miners
Cango, a car trading service provider, entered the Bitcoin mining field in November. The company spent US$400 million to acquire 50 EH/s of computing power, immediately becoming one of the largest miners in the world. Bitcoin’s hash rate currently hovers at 823 EH/s, and once Cango’s 50 EH/s is fully online, it will provide approximately 6% of the hash rate behind Bitcoin. For reference, MARA Holdings (MARA), the world's largest listed miner, has a hash rate of just over 47 EH/s, followed by CleanSpark (CLSK) and Riot Platforms (RIOT), the second largest, at 32 EH/s and 26 EH/s respectively. s.
Important Economic Updates
▌Federal Reserve Governor KUGLER: The U.S. job market remains resilient
Federal Reserve Board Governor KUGLER said that the economic situation is good in 2024, and the U.S. job market is still resilient and has been gradually cooling down; workers’ real wages are increasing; the unemployment rate of 4.2% is still a historically low level, and the job market is stable, and we hope to maintain this state.
▌The U.S. ISM manufacturing PMI rose slightly in December
The U.S. ISM manufacturing industry in December The PMI rose for the second consecutive month in December, with orders and production both picking up, indicating that the dark clouds hanging over the manufacturing sector may be starting to dissipate. A pickup in demand helped deliver the first monthly increase in output since May, according to output measures. At the same time, surveys show that more manufacturers are cutting jobs at a faster pace. The employment index fell to 45.3 in December, a drop of nearly 3 points, the largest since July last year. Of the five indicators that make up the overall PMI index, the remaining indicators improved. ISM Manufacturing Business Survey CommitteeChairman Timothy Fiore said: "Demand has improved, production execution has met November performance and corporate goals; layoffs are continuing but should end soon, and price increases are minimal."
▌Federal Reserve Barkin: Uncertainty in financial markets appears to have declined
Federal Reserve Barkin said uncertainty in financial markets appears to have declined has declined, with market forecasts for the path in line with the Fed's median forecast. There is growing recognition that long-term interest rates may not fall as sharply as once hoped.
▌Federal Reserve Barkin: The basic outlook for 2025 is positive, and the upside risks to growth are greater than the downside risks
Federal Reserve Barkin said that the basic outlook for 2025 is positive and that the upside risks to growth outweigh the downside risks. Inflation has not yet returned to target and more efforts are needed; there are some potential upside risks to inflation. The story of 2025 will be less about currency and more about economic fundamentals and perhaps geography.
▌The offshore RMB fell 180 points against the U.S. dollar from late New York trading on Thursday
Offshore The onshore yuan (CNH) traded at 7.3583 yuan against the U.S. dollar at 05:59 Beijing time, down 180 points from late New York trading on Thursday. The overall trading range during the day was 7.3244-7.3629 yuan. The onshore RMB against the U.S. dollar (CNY) closed at 7.3216 yuan at 03:00 Beijing time, down 222 points from Thursday night's closing price. The trading volume was US$47.403 billion.
Golden Encyclopedia
▌What is compressed NFT?
CNFT is a newer non-fungible token that utilizes state compression technology to store data more efficiently on Solana. Unlike traditional NFTs, which store all token metadata directly on-chain or via an external link such as IPFS, cNFTs use Merkle trees to optimize data storage.
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.