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▌David Sacks: Started buying Bitcoin in 2013
Trump’s newly appointed White House AI and Cryptocurrency director David Sacks forwarded his previous ten views on Bitcoin on Deeply understands the importance of Bitcoin as a decentralized currency and its role in hedging the devaluation of legal currency; believes that Satoshi Nakamoto should become a billionaire and highly recognizes the importance of his invention; is producing a fictional film about Satoshi Nakamoto, " Similar to watching "The Social Network" without knowing who Zuckerberg actually is; Emphasizes Bitcoin's utility as a highly portable, non-confiscatable store of value; Views Bitcoin's potential to separate currency and money; Not a Bitcoin maximalist, but believes Bitcoin’s advantages are perhaps the most obvious of all cryptocurrencies, and its price and relative stability reflect this; has invested in Bitcoins such as Lightning Labs, Fold, Bitwise, and Bitgo via Craft Ventures Business; Never thought I would be interested in payments after PayPal, but then Bitcoin came along and “Bitcoin is fulfilling PayPal’s original vision of creating a new world currency”; Deep understanding of the importance of Bitcoin as an invention of digital scarcity significance.
▌PEPE broke through $0.000026, setting a record high
The market shows that PEPE exceeded 0.000026 US dollars and is now quoted at 0.00002636 US dollars, a record high. The 24-hour increase reached 19%. The market value exceeded 11 billion US dollars and is now quoted at 11.1 billion US dollars, surpassing UNI and setting a record high. The market fluctuates greatly. , please do a good job in risk control.
Quotes
As of press time, according to Coingecko data:
BTC’s recent transactions The price is US$99,844.13, with an intraday increase or decrease of -0.5%;
ETH’s recent transaction price was US$3,993.00, with an intraday increase or decrease of -0.0%;
BNB’s recent transaction price was US$749.27, with an intraday increase or decrease of +1.7% ;
SOL's recent transaction price was 238.83 US dollars, with an intraday increase or decrease of +1.2%;
DOGE's recent transaction price was 0.4595 yuan, with an intraday increase or decrease of +5.0%;< /p>
XPR’s recent transaction price was $2.57, with an intraday increase or decrease of +3.9%
▌The South Korean Prosecutor’s Office announced the arrest of former Defense Minister Kim Yong-hyun
On the 8th local time, the South Korean Prosecutor’s Office Announced the arrest of former Defense Minister Kim Yong-hyun and accused him of involvement in the "Presidential Martial Law Incident" on December 3. Former South Korean Defense Minister Kim Yong-hyun voluntarily went to the prosecutor's office for investigation at around 1 a.m. local time on the 8th. < /p>
▌Former executives of Silvergate in the United States blame regulatory suppression for its closure
Chris, former chief technology officer of Silvergate Bank in the United States Lane recently stated on the social platform Previously solvent and liquid, Silvergate Bank had been an important supporter of the crypto industry, and its closure was seen as a “Choke Point.” 2.0" action, that is, measures to restrict the digital asset industry from entering the banking system.
Blockchain applications
▌Encryption and AI integration projects are questioned , VC said investment risks are high
At the Emergence conference in Prague, Dragonfly partner Rob Hadick and CoinFund managing director David Pakman expressed a cautious attitude towards projects in the intersection of encryption and AI. Hadick pointed out that investing in AI agent projects is extremely risky, and most investors may suffer heavy losses, and said that many decentralized AI projects currently have difficulty challenging mainstream centralized players. In addition, although AI has the potential to improve the efficiency of encryption development, decentralized AI systems are unlikely to subvert giants such as OpenAI in the short term. They recommend that projects focus on practical needs, such as improving payment and application interaction scenarios.
▌BlaST launches the sixth phase of phase 2 "Gold Points" distribution
Blast announced on Already online, a total of 11 million new Blast Gold will be provided to DApps. The top three projects with allocated quotas are Thruster (1679048), Fantasy (1119365), Predict.fun, IKB, Baseline Protocol, and BLASTR (the last four projects are all 671619).
Cryptocurrency
▌A certain whale spent 2.262 million USDC on the chain to buy 91.36 billion PEPE 15 minutes ago
According to on-chain analyst Ember’s monitoring, 15 minutes ago, a whale used 2.262 million USDC on the chain to buy 91.36 billion PEPE at a price of $0.00002476.
▌BNB breaks through $750
The market shows that BNB breaks through $750 and is now trading at 750.15 The US dollar has increased by 2.77% in 24 hours. The market fluctuates greatly. Please control the risk.
▌The President of The ETF Store: Nine of the top ten ETFs by asset management size are related to cryptocurrencies
Nate, President of The ETF Store Geraci said that 670 ETFs have been launched in 2024, and nine of the top ten ETFs by assets under management are completely dominated by cryptocurrencies (given that GBTC is a product on the list, the top 11 ETFs are included here).
▌The entire network liquidated US$168 million in the past 24 hours, and the XRP liquidation amount exceeded BTC
Data shows that in the past 24 hours, the entire network has liquidated positions of US$168 million, including US$84.5458 million in long orders and US$83.2068 million in short orders. XRP liquidation reached US$16.002 million, surpassing BTC (US$12.635 million) and ETH (US$8.9711 million).
Important Economic Trends
▌The U.S. Treasury Department called Bitcoin "digital gold" in its fourth-quarter report
The U.S. Treasury Department called Bitcoin "digital gold" in its fourth-quarter report Bitcoin is called "digital gold" in the report
Golden Encyclopedia
▌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 Blockchain abstraction works by providing a single interface that enables users and developers to interact with multiple blockchains without having to manage each one. Complexity of individual chains
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish correct investment concepts and be sure to increase risk awareness.