▌Trump plans to issue a series of executive orders within hours of being sworn in

US President-elect Donald Trump plans to issue immigration orders within hours of taking office on January 20 Issued a series of executive orders on issues such as , energy, federal workers, and regulatory reform, striving to quickly and comprehensively implement its policy guidelines. The executive orders he plans to issue include actions to tighten border crossing restrictions; authorize the federal government to complete the unbuilt border wall; establish a mechanism for mass deportations; and strip federal resources from sanctuary cities until they stop providing protections for undocumented immigrants. The Trump team also plans to cut the number of federal employees through a hiring freeze and force federal employees to return to their offices.

▌Economic Daily: Focus on lowering the threshold for artificial intelligence application

The article stated that technological progress is the key to lowering the threshold for artificial intelligence application. This requires increasing investment in scientific research, strengthening independent research and development capabilities, and achieving more breakthroughs in key areas such as smart chips and operating systems. Consolidate the technical base of computing power, algorithms, data, etc., and cultivate a number of general large models and industry large models. Vigorously develop intelligent products, promote intelligent software applications, and promote the upgrading of consumer terminals such as home appliances and mobile phones to strong intelligence. Give full play to the role of enterprises as innovation entities, not only encourage industry-university-research cooperation and support leading enterprises in creating typical benchmarks for artificial intelligence-empowered new industrialization; but also build artificial intelligence infrastructure to serve small and medium-sized innovative enterprises and lower the threshold for them to participate in the artificial intelligence market. Forming a market competition pattern in which a hundred flowers bloom.

As of press time, according to Coingecko data:

BTC’s recent transaction price was US$92,580.40, with an intraday increase or decrease of -2.5%;

ETH’s recent price The transaction price was US$3,223.89, with an intraday increase or decrease of -3.0%;

BNB’s latest transaction price 686.98 US dollars, with an intraday increase or decrease of -1.3%;

SOL's recent transaction price was 185.78 US dollars, with an intraday increase or decrease of -5.8%;

DOGE's recent transaction price was 0.3224 yuan, with an intraday increase or decrease of The increase or decrease was -5.9%;

XPR’s recent transaction price was US$2.28, with an intraday increase or decrease of -4.1%.

▌Fox reporter: The U.S. Senate Banking Committee will establish the first subcommittee dedicated to cryptocurrency

According to Fox Business reporter Eleanor Terrett’s article on the X platform, The U.S. Senate Banking Committee, led by Senator Tim Scott, will establish its first subcommittee dedicated to cryptocurrencies. The subcommittee will be modeled after the Republican Financial Services Subcommittee established in 2023 by Patrick McHenry.

Senate aides confirmed that Senator Cynthia Lummis has been preliminarily selected as subcommittee chairperson, pending a vote by the full committee. It is reported that the approval of CyntA vote by hia Lummis and new Republican and Democratic members (still being decided) will likely take place next Thursday, during the confirmation hearing for Trump's nominee for Housing and Urban Development Secretary Scott Turner.

▌JP Morgan: MiCA regulations may increase the adoption of euro stablecoins

JP Morgan analysts said that the EU’s landmark crypto-asset market ( MiCA) regulations come into effect on December 30, 2024, which may increase the market share of euro-pegged stablecoins.

JPMorgan analysts said in a report that currently, euro-pegged stablecoins account for only 0.12% of the stablecoin market share, but MiCA can help European banks and financial institutions adopt euro stablecoins To improve this situation by meeting customer needs and financial settlement based on blockchain. Notable examples include Société Générale’s EURCV stablecoin and BBVA’s planned launch of a stablecoin in partnership with Visa, analysts said.

▌Polymarket users are betting that Biden is more likely to pardon SBF than Silk Road founder Ross Ubricht

US President Joe Biden is scheduled to 1 Leaving office on March 20, he still has time to issue pardons and commutations to individuals convicted of federal crimes. As of January 9, cryptocurrency betting platform Polymarket was offering users 4% odds on President Biden pardoning former FTX CEO Sam “SBF” Bankman-Fried, and 2% odds on him pardoning Silk Road founder Ross Ulbricht. As of the time of publication, users have bet more than $5 million on SBF odds and $1.2 million on Ulbricht odds.

It is unclear whether President Biden plans to issue more pardons or commutations before the end of his term.

▌Many encryption company CEOs are currently vying for opportunities to have contact with Trump himself

Less than two weeks before Trump’s inauguration, encryption industry executives are vying for access to Trump. Access to Trump himself and a seat on a planned cryptocurrency advisory committee that is expected to be formed soon after Trump takes office. According to people familiar with the matter, industry insiders intend to use this committee to influence new digital assets, and the committee may be composed of about two dozen CEOs and founders.

Most potential appointees have developed relationships with Trump and have visited him in recent months, people familiar with the matter said. Trump and his inner circle, including incoming White House artificial intelligence and cryptocurrency expert David Sacks, are still weighing potential appointees. Since Trump's re-election in November, Mar-a-Lago has hostedA large number of people in the encryption industry, including Kris Marszalek, CEO of Crypto.com, Brian Armstrong, CEO of Coinbase, etc. In addition, Circle, Coinbase, Kraken, Ondo and other companies have pledged to donate to Trump’s inauguration.

Previously, the crypto industry will hold a dance party to celebrate the inauguration of Trump and Vance on January 17, hosted by BTC Inc. and Stand With Crypto, hosted by BTC Inc. and Stand With Crypto .

▌Coinbase, Google, ai16z and other team members join forces to launch Aiccelerate, a DAO organization aimed at accelerating the integration of encryption and AI

Coinbase, Google, ai16z and other major players team members join forces Launched Aiccelerate, a new decentralized autonomous organization (DAO) designed to accelerate the convergence of cryptocurrency and artificial intelligence (AI). The announcement on January 9 showed that the DAO will focus on promoting decentralized, open-source AI development and supporting high-potential projects in different ecosystems. In addition, Aiccelerate positions itself as a DAO that pays equal attention to investment and development. Its main mission is to drive innovation in what it calls "agent AI." This DAO aims to build a collaborative community of top developers across multiple frameworks. These experts will contribute to a range of agents and tools designed to advance organizational goals.

In addition, Aiccelerate will unify its various initiatives through a token called AICC. The DAO will use part of the profits to buy back its native tokens. The list of development consultants includes ai16z founder Shaw, Virtuals Protocol core contributor EtherMage, EigenLayer developer relations director Nader Dabit, and Story Protocol co-founder Jason Zhao. On the investment side, Aiccelerate’s advisors include Mechanism Capital’s Andrew Kang and Marc Weinstein, Coinbase Ventures’ Justin Lee, and Delphi Digital’s Anil Lulla.

▌CaneIsland Alternative Advisors founder: Predicts Bitcoin will reach $1.5 million in 2035

CaneIsland Alternative Advisors founder Timothy Peterson said that based on network growth and Metcalfe’s Law , predicts Bitcoin will reach 150 by 2035million, Peterson’s previous accurate predictions include a 2024 rally and a $10,000 Bitcoin price floor.

▌VanEck executive: Block is expected to become the first company in the S&P 500 to hold Bitcoin

Matthew Sigel, director of digital asset research at VanEck, posted on the X platform that financial technology companies Block is expected to become the first company in the S&P 500 to hold Bitcoin. To be included in the index, a stock must meet six main criteria, including: 1) a market capitalization of more than $18 billion; 2) public float of more than 10%; 3) earnings in the most recent quarter should be positive, and The sum of GAAP earnings for the first four quarters should also be positive; 4) high liquidity; 5) listed for 12 months; 6) company headquartered in the United States.

▌The probability that the Federal Reserve will keep interest rates unchanged in January is 93.1%

According to CME's "Fed Watch", the probability that the Federal Reserve will keep interest rates unchanged in January is 93.1%, and the probability of a 25 basis point interest rate cut is 6.9%. The probability of keeping current interest rates unchanged by March is 57.7%, the probability of a cumulative 25 basis point interest rate cut is 39.7%, and the probability of a cumulative 50 basis point interest rate cut is 2.6%.

▌The U.S. dollar index rose 0.08% on the 9th

The U.S. dollar index, which measures the U.S. dollar against six major currencies, rose 0.08% on the day and closed at 109.180 in late foreign exchange trading. As of late trading in New York, 1 euro was worth $1.0299, down from $1.0309 on the previous trading day; 1 pound was worth $1.2309, down from $1.2357 on the previous day. 1 U.S. dollar was exchanged for 158.11 Japanese yen, lower than 158.46 yen on the previous trading day; 1 U.S. dollar was exchanged for 0.9126 Swiss francs, higher than 0.9117 Swiss francs on the previous trading day; 1 U.S. dollar was exchanged for 1.4392 Canadian dollars, higher than the previous trading day 1.4389 Canadian dollars; 1 U.S. dollar exchanged for 11.1530 Swedish krona, down from 11.1612 Swedish kronor in the previous trading day.

▌Fed Governor Bowman: Supports considering December’s rate cut as the “final step” in readjustment

Fed Governor Bowman said on Thursday that she supports last month’s rate cut , believing that this is the "final step" of the Fed's monetary adjustment. Due to rising inflation risks, caution must be exercised in the future. “We should also avoid prejudging the new future,” Bowman said in prepared remarks to the California Bankers Association. "Instead, we should wait for more clarity and then seek to understand the impact on economic activity, the labor market and inflation." This is the first time Bowman has made these remarks since he became the favorite to be the Federal Reserve's next top bank regulator. Barr announced this week that he would step down as the Fed's vice chairman for supervision by the end of next month. "This year will see a change in leadership at banking institutions, and I expect that will translate intoShifts in priorities and approaches. ” She reiterated her consistent call for more targeted regulatory regulations and a more “pragmatic” approach to their formulation.

▌What is a compressed NFT?

CNFT is a newer non-fungible token that utilizes state compression technology to store data more efficiently on Solana as opposed to storing all token metadata directly on-chain or externally. The legacy of linked (like IPFS) storage Different from NFT, cNFT uses Merkle tree to optimize data storage.

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