▌Adam Back: MicroStrategy may have increased its holdings of BTC

Blockstream founder Adam Back posted on the X platform: “I think MicroStrategy has completed the purchase of Bitcoin, but it must Announced to the market through an 8-K filing before or after the normal trading hours of the stock market.”

Previously, MicroStrategy founder Michael Saylor released Bitcoin Tracker-related information for the ninth consecutive week.

▌Analysis: Aave and MakerDAO will perform well in 2024, and DeFi protocol revenue will return to the high level in 2021 driven by the new platform

Various DeFi protocols Generate significant revenue in 2024, with many established protocols posting revenue figures close to their 2021 highs, while newer platforms establish themselves as key contributors. Pump.fun is the most eye-catching highlight of the Solana ecosystem this year. In 2024, Pump.fun generated $313 million in fees, averaging $31 million per month, with an average monthly growth rate of nearly 77%. Starting with just $5 million in fees in January, Jito grew at an average monthly rate of 79%, reaching total fees of $603 million by the end of the year.

At the same time, Ethena went from fees of only $1.7 million in January 2024 to Ethena collecting more than $267 million in fees by the end of the year. Notably, more than 54% of Ethena's full-year revenue was generated in the last three months, and that number grew at an average monthly rate of 150% during that period.

On the other hand, MakerDAO far exceeds the previous record revenue figures of $12.8 million in May 2021 and $32.6 million in April 2024. At the time of writing, MakerDAO generated nearly $40 million in revenue in December, a 38% increase from the previous month. It also incurred more than $313 million in charges for the full year, a 176% increase from 2023. Despite the revenue growth, the MKR token is down 10% this year. For Aave, 2024 marked a recovery with near-all-time revenue, with revenue reaching $60.9 million in December, close to its October 2021 peak of $65.39 million. For the full year, Aave's total fee revenue was $389 million, averaging $32.4 million per month, with monthly growth steady at 14%. This represents a 244% increase in annual revenue compared to 2023. Against this backdrop, the Aave token has surged more than 200% this year.

As of press time, according to Coingecko data:

The recent transaction price of BTC was US$98,454.21, with an intraday increase or decrease of +0.3%;

ETH’s recent transaction price was US$3,638.54, with an intraday increase or decrease of -0.5%;

BNB’s recent transaction price was US$710.09, with an intraday increase or decrease of -0.4%;

SOL latest transaction price 2 13.76 US dollars, with an intraday increase or decrease of -1.4%;

DOGE’s recent transaction price was 0.3819 yuan, with an intraday increase or decrease of -3.0%;

XPR’s recent transaction price was $2.40, with an intraday increase or decrease The margin is -0.7%.

▌Senator Cynthia Lummis: Reserve Bitcoin can help the US dollar stay strong

U.S. crypto-friendly Senator Cynthia Lummis said that reserve Bitcoin can help the US dollar stay strong.

▌Social Capital CEO: Stablecoins will become a key tool for wholesale transactions in 2025

Social Capital CEO Official Chamath Palihapitiya predicts that stablecoin adoption will surge in 2025, becoming a key tool for wholesale trading. He noted that by 2024, the use of stablecoins will be decoupled from cryptocurrency transactions, with more than 1.1 billion transactions and $8.5 trillion in settlements, more than double Visa’s transaction volume.

Palihapitiya believes this growth will challenge the duopoly of Visa and Mastercard, especially as credit card interest rates rise. He also touched on regulatory issues, emphasizing that blockchain technology provides transparency and traceability for transactions. Last year, he predicted that Bitcoin would reach mainstream adoption by 2024.

▌Canadian listed company Kontrol Technologies holds 25 BTC

Canadian listed company Kontrol Technologies Corp. announced that it has completed multiple successful RFPs (request for proposals) ), add multiple city customers (customers). Kontrol won these opportunities by competing against larger organizations, and Kontrol will provide its sustainability solutions to multiple buildings across its client portfolio.

Following the press release dated November 8, 2024, the Company has accelerated its Bitcoin strategy on its balance sheet and currently holds approximately C$3 million in Bitcoin on its balance sheet or Bitcoin related tokens.

▌Ripple CEO: 75% of Ripple’s open positions are now in the United States

Ripple CEO Brad Garlinghouse announced that currently Ripple Labs 75 % of job openings are in the United States, and after the November 2024 election, the companyThe company closed more deals and partnerships in the U.S. than in the previous six months. Garlinghouse attributes these changes to the incoming Trump administration and Donald Trump’s pro-cryptocurrency rhetoric.

▌10x Research: Expected to have a strong start to the year, followed by a slight pullback before the release of CPI data on January 15

10x Research pointed out in its market analysis that although there is expected to be a decline at the beginning of the new year Some initial enthusiasm, but now is not the time to experience bullish sentiment similar to late January to March or late September to mid-December 2024. A strong start to the year is expected, followed by a slight pullback ahead of the release of CPI data on January 15. Favorable inflation data could reignite optimism and fuel a rally ahead of Trump's inauguration on Jan. 20. However, this momentum is likely to wane and the market may pull back ahead of the January 29 FOMC meeting.

From January to mid-November 2024, Bitcoin’s dominance increased from 50% to 60%, creating significant headwinds for altcoin performance. Although the dominance indicator briefly fell to 53% over three weeks (sparking hopes for an altcoin season), it quickly rebounded to nearly 58% before stabilizing around 55%. This consolidation highlights Bitcoin’s enduring dominance as a major driver of the crypto market, while also signaling possible challenges for altcoins unless Bitcoin dominance indicators drop again.

▌El Salvador currently owns 6,009.18 Bitcoins

According to The Bitcoin Office of El Salvador, El Salvador currently owns 6,009.18 Bitcoins, worth more than $591 million.

▌The TON network is currently pledged to 672.8 million TON, accounting for 26.50% of the circulating supply

According to tonscan data, the TON network is currently pledged to 672.8 million TON. Accounting for 26.50% of the circulating supply (2.539 billion coins). In addition, the current pledged APY is 5.5%, and the network has a total of 386 verification nodes.

▌In the past 24 hours, the entire network has been liquidated to US$126 million, with long orders being the main liquidation

Coinglass data shows that the entire network has been liquidated to US$126 million in the past 24 hours, of which long orders have been liquidated. 79.2533 million U.S. dollars, and the short position was liquidated at 46.834 million U.S. dollars.

▌The probability of the Federal Reserve keeping interest rates unchanged in January is 88.8%

According to CME "Fed Watch": The probability of the Federal Reserve keeping interest rates unchanged in January is 88.8%, and the probability of a 25 basis point interest rate cut is 11.2%. The probability of maintaining the current interest rate unchanged by March is 53.3%, and the probability of a cumulative 25 basis point interest rate cutis 42.2%, and the probability of a cumulative 50 basis point interest rate cut is 4.5%.

▌Nordic Bank strategist: The U.S. currency has entered a new stage where interest rate cuts depend on falling inflation or a weakening job market

Nordic Bank credit and interest rate strategist Lars Mouland: The U.S. currency has Entering a new phase in which rate cuts depend on falling inflation or a weakening job market. Interest rates may end up higher than market expectations.

▌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.