▌OpenAI launches "full blood version" inference model o1 and ChatGPT Pro

OpenAI's 12-day event opens. On the first day of the event, OpenAI founder Sam Altman said that what was released today was the "full blood version" of the inference model o1 and ChatGPT Pro (monthly subscription fee of US$200). According to reports, o1 is the most intelligent model in the world. Smarter, faster, and more functional than o1-preview (e.g. multi-modal). Now live in ChatGPT and coming to the API soon. The newly launched ChatGPT Pro will be able to take full advantage of models and tools, including unlimited access to OpenAI o1 and a Pro-only version of o1.

▌JPMorgan Chase: The impact of MicroStrategy leveraged ETFs on the crypto market is growing

JPMorgan Chase said in a research report that leveraged MicroStrategy (MSTR) The growing size of the ETF and the flows it attracts are having a more pronounced impact on the company’s stock and crypto markets than before. The bank said the ETFs played a major role in the stock's nearly 60% gain in November.

The report stated that the total capital inflows into U.S. spot Bitcoin (BTC), spot Ethereum (ETH) and leveraged MicroStrategy ETFs reached nearly $11 billion in November, setting a record high, of which leveraged MSTRETF accounted for of the total, accounting for almost one-third of the US$3.4 billion.

With Nikolaos Analysts led by Panigirtzoglou wrote: "This highlights the growing influence of MicroStrategy's leveraged ETF in the cryptocurrency market by promoting MicroStrategy's Bitcoin purchase plan."

As of press time , according to Coingecko data:

The recent transaction price of BTC was US$96,577.56, with an intraday increase or decrease of -2.3%;

ETH’s recent transaction price was US$3,785.55, with an intraday increase or decrease of -1.1%;

BNB’s recent transaction price was US$717.04, with an intraday increase or decrease of -3.0%;

SOL’s recent transaction price was 235 .48 US dollars, with an intraday increase or decrease of +2.8%;

DOGE’s recent transaction price was 0.4261 yuan, with an intraday increase or decrease of -1.2%;

XPR’s recent transaction price was $2.27, with an intraday increase of A decrease of -4.4%.

▌FOX reporter: The US CFTC chairman candidate is preparing to go to Trump’s Mar-a-Lago estate for interviews next week

FOX Business reporter Eleanor Terrett posted on the X platform :"at presentIndustry attention turns to who Trump will choose to lead the CFTC, another agency that will play a key role in Crypto regulation under the new administration. I hear some candidates are preparing to head to Mar-a-Lago (Trump’s residence and private club Mar-a-Lago) for interviews next week. Some candidate lists: Current Republican CFTC Commissioners Mersinger and Pham, former CFTC Commissioners Jill Sommers and Brian Quintenz, former CFTC Director Josh Sterling and former CFTC General Counsel Office Special Counsel Neal Kumar, Digital Chamber of Commerce founder Perianne’s name was also mentioned, But it's unclear whether New is seriously considering her candidacy. ”

▌The US state of Florida is expected to launch a strategic Bitcoin reserve in the first quarter of 2025

According to The Street, the US state of Florida is expected to launch a strategic Bitcoin reserve in the first quarter of 2025 Coin Reserve. Samuel Armes, president of the Florida Blockchain Business Association (FBBA), said that Florida “very likely will "Establishing a Strategic Bitcoin Reserve during the first quarter of 2020".

It is reported that the plan is based on Florida's existing investments in Bitcoin and crypto-related assets, which are invested through its $185.7 billion Conducted by the pension fund, which is the fourth largest pension fund in the United States, Armes said: “Florida has invested in Bitcoin and crypto-related assets through our pension funds. ” He proposed allocating 1% of Florida’s $185.7 billion pension fund, or $18.57

▌Molecule took the lead in establishing the DeSci Ecosystem Fund and has repurchased RIF and URO to support Pump.science

Data decentralization Biotech Protocol Molecule Officer Party announced that Molecule will cooperate with Pump.science and the DeSci project BIOProtocol to establish the DeSci Ecosystem Fund with a capital scale of 166 million BIOs (half of Molecule’s allocation) to accelerate scientific knowledge. Intellectual property rights are on the chain.

Molecule stated that it has repurchased RIF worth $100,000 and URO worth $100,000 to reiterate its commitment to support RIF, URO and the DeSci ecosystem. The fund will: support the chain Research; support community initiatives; accelerate scientific intellectual property on the chain; promote sustainable growth

▌CryptoQuant: Long-term BTC holders profit-selling is a normal phenomenon in the bull market. Not to the extreme level

CryptoQuant analysts say long-term Bitcoin holders (LTH) are starting to take profits after BTC crossed the $100,000 mark. CryptoQuant data shows a significant increase in the “Long-Term Holder Spending Output Profit” ratio (LTH-SOPR), which measures the level of profits for long-term Bitcoin investors by comparing how much Bitcoin sells to the price they originally paid.

Julio Moreno, Head of Research at CryptoQuant said: “As Bitcoin prices rise above $100,000, long-term holders (LTH) have been taking profits, as the LTH SOPR rose to 4 As shown, this shows that long-term holders have realized profits of four times their original purchase price on the tokens they sold. However, this is a normal phenomenon during Bitcoin bull markets and profit-taking is still far from extreme levels. ”

▌Solana Lianchuang: "Very lucky" to be able to solve Solana engineering problems through memecoin and make it more resilient

Solana co-founder Anatoly Yakovenko said that memecoin The rise of Solana has stress-tested the Solana network, making it more resilient, turning past disruptions into opportunities for innovation. He said: "Just like NFT... we are lucky to be able to solve a lot of engineering problems with memecoin, and it will only make the network and all systems more robust."

As for the popularity of memecoin on Solana, Yakovenko said he was surprised at first, but less so in retrospect. "In almost every digital economy, entertainment is the biggest area of ​​money making... When I start thinking about it, it's almost obvious in retrospect," he said.

▌Former U.S. Treasury Secretary Lawrence Summers criticized the idea of ​​a Bitcoin reserve as “crazy”

Former U.S. Treasury Secretary and Democrat Lawrence Summers refuted the idea of ​​setting up a Bitcoin asset reserve in the United States , and warned that reducing federal spending will face challenges according to the plan of "America's No. 1 Brother" Musk.

Lawrence Summers said on the TV show: "The idea that some people are saying, 'We should establish some kind of national Bitcoin reserve,' is crazy." "In addition to catering to generous special interest campaign donations "People, there's no reason to do that." The former Treasury Secretary said that although Musk's goal is to save $2 trillion in spending, the entire federal salary is less than that amount. He stressed that much of the government's spending is related to defense and support for America's seniors, which is difficult to change.

▌In the past 24 hours, the entire network has been liquidated to US$1.098 billion, and long orders have been liquidated to US$816 million

Coinglass dataIt shows that in the past 24 hours, the entire network has been liquidated to US$1.098 billion, with long orders liquidated at US$816 million and short orders liquidated at US$282 million. Binance shows that Bitcoin fell as low as $90,500 and is now at $97,387.

▌The crypto market experienced huge fluctuations around 6:30 this morning

The crypto market experienced huge fluctuations around 6:30 this morning, with BTC falling from around US$98,000 to It was about 91,000 US dollars, and then quickly rebounded to 96,000 US dollars, with a fluctuation of more than 7,000 US dollars in 10 minutes. ETH fell from around US$3,820 to about US$3,670, and then quickly rebounded to US$3,810, with a fluctuation exceeding US$100 within 10 minutes.

▌New York Fed Research: The tariffs imposed by Trump in his first term caused losses to U.S. companies, and the benefits of tariffs are difficult to realize

New York Fed staff The latest analysis shows that during the first term of US President-elect Trump, the stock prices of US companies generally fell on the day the tariffs were announced, and this was inseparable from the decline in future profits, sales and employment of the companies whose stock prices were most severely hit. "An important motivation for imposing tariffs on imported goods is to protect U.S. businesses from foreign competition. By taxing imported goods, produced goods become relatively cheaper, and Americans' spending shifts from imported goods to produced goods. ," economists such as Mary Amiti, head of the Labor and Product Markets Research Department of the New York Fed Research Group, wrote in an analysis report. But "most companies saw their stock prices fall sharply on the day the tariffs were announced. Our filings also show that these financial losses ultimately translated into lower profits, employment, sales and labor productivity going forward." Research from the New York Fed's research team shows: "The benefits of tariffs are difficult to realize because of the complexity of global supply chains and foreign retaliatory actions." It is estimated that the trade war during Trump's first term has affected the economic conditions of businesses and households. It worsened by about 3%.

▌What is chain abstraction?

Chain abstraction is a concept that simplifies the user experience of blockchain technology and unifies transactions across multiple networks. Blockchain chain abstraction aims to solve this problem by hiding or "abstracting" the technology from the user. This means people don’t know they are using a blockchain or which blockchain they are using. The chain abstraction works by providing a single interface that enables users and developers to interact with multiple blockchains without having to manage the complexity of each individual chain.

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.