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5 must-read articles in the evening
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2024-12-04 21:02 3,303
1. The crypto market experienced roller coaster fluctuations before and after the martial law crisis in South Korea

On the evening of December 3, South Korean President Yoon Seok-yue announced the implementation of "emergency martial law" nationwide. This decree attracted the attention of the South Korean crypto market Sound panic selling. For a time, local Bitcoin fell below 70,000 US dollars, many blue-chip counterfeit stocks fell by more than 30%, and FUD sentiment spread to the global crypto market. Click to read

2. The next stop of AI Agent - the transition from intelligence to economy

The combination of artificial intelligence (AI) and blockchain (Web3) is underway It has become an important trend, especially in the application of AI agents. AI agents realize autonomous operations in the blockchain by sensing, learning and executing tasks, giving them the potential to gradually transform from a tool for economic activities into an independent economic entity. However, it is still controversial whether the current AI Agent should focus on AI development at the application layer rather than the infrastructure layer. Click to read

3. Messari: Polymarket’s resilience after the US election

Polymarket is one of the darlings of the cryptocurrency field in 2024. It initially attracted attention with a unique value proposition, offering users the ability to profit from various market predictions – a product previously mostly associated with sports betting. This differentiating factor enables users to access and profit from forecasts in a variety of markets including entertainment, business, and science. Click to read

4. Technical Analysis Stacks: How to catch the growth of BTC through "economic binding"?

As early as 2017, when Bitcoin was still in a dispute between conservatives and innovative factions, conservatives firmly believed that functions should be simplified and only focused on being a reserve asset, while innovative factions believed that BTC needed Expand more application scenarios to support smart contract functions to cope with competition from new chains such as Ethereum. Obviously, Stacks chose the latter, which was somewhat "alternative" under the circumstances at the time. But many years later, the wave of asset issuance on the BTC chain set off by the Ordinals protocol, the wave of BTC layer2 network expansion, and other extended developments around the BTC ecosystem have all confirmed that the choices made by Stacks back then were extremely strategic. Click to read

5. Turning point? Grayscale files to convert Solana Trust into spot ETF

Grayscale Investments has filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust into an ETF The application has taken another step towards expanding its influence in the digital asset market. If approved, the ETF will trade in New York under the ticker GSOLThe exchange trades, offering investors the opportunity to directly invest in Solana (SOL), one of the fastest growing blockchain platforms in the Crypto ecosystem. Click to read

Keywords: Bitcoin
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