▌Trump family project WLFI has increased its holdings of DeFi tokens worth US$50 million

According to Arkham tracking data, Trump family DeFi project WLFI has just increased its holdings of DeFi tokens worth US$50 million. Coins, including: 35 million US dollars of ETH/WETH; 10 million US dollars of cbBTC; 1 million US dollars of LINK; 1 million US dollars of AAVE, etc.

▌Tether newly minted 1 billion USDT

According to Lookonchain monitoring, Tether minted 1 billion USDT 15 minutes ago.

Since November 6, Tether has minted 21 billion USDT on the Ethereum and Tron blockchains.

As of press time, according to Coingecko data:

BTC’s recent transaction price was US$100,136, with an intraday increase or decrease of -1.1%;

ETH The latest transaction price was US$3,889.08, with an intraday increase or decrease of +1.5%;

BNB’s latest transaction price 707.56 US dollars, with an intraday increase or decrease of -0.7%;

SOL’s recent transaction price was 227.33 US dollars, with an intraday increase or decrease of +0.0%;

DOGE’s recent transaction price was 0.4076 yuan, with an intraday increase or decrease of The price range was -1.4%;

XPR’s recent transaction price was US$2.35, with an intraday increase or decrease of -1.8%.

▌Encryption supporter Representative French Hill wins the position of chairman of the Financial Services Committee

Encryption supporter and Arkansas Representative French Hill defeated three other competitors , won the chairmanship of the Financial Services Committee.

It is reported that French Hill stated on the Unchained podcast in July that stablecoin and market structure legislation will be the two bills he most wants to pass after taking office.

▌Texas Republican Representative Submits Bill to Establish Bitcoin Strategic Reserve

Texas Republican Representative Giovanni Capriglione (Giovanni Capriglione) Announced legislation to establish a Bitcoin strategic reserve that would serve as a testing ground for the U.S. Treasury Department. The proposed bill would allow the state to begin establishing a strategic Bitcoin reserve, receiving taxes, fees and donations in Bitcoin, which would be retained for at least five years. The bill aims to provide a way to strengthen fiscal stability and make it a leader in Bitcoin innovation.

Capriglione said that the biggest enemy of our investment may be inflation. Creating a strategic Bitcoin reserve and investing in Bitcoin will be a win-win for everyone. I just filed the bill titled "Establishing a Bitcoin Reserve and Entity to Manage Cryptocurrency Within the Texas Department of the Treasury." TexasNot only is Texas the second largest economy in the United States, it is also the area with the highest concentration of Bitcoin miners in the United States.

▌Trump: I think the United States should establish a crypto strategic reserve like oil

On December 12, 2024, Trump accepted after attending the New York Stock Exchange bell ringing CNBC Jim Cramer interview, Jim Cramer asked Trump, "You are embracing encryption technology, which is very different from the last one. Will you build a crypto strategic reserve like oil?" Trump said, "Yes, I think it should be that way.” Trump also said that we're going to do great things in crypto because we don't want that or anything else -- not just -- to embrace crypto, we want to be the leader.

In addition, Trump also emphasized that the United States will maintain its leading position in the field of artificial intelligence. At the same time, the United States needs to produce twice as much electricity as the current level to meet energy needs.

▌Electric Capital: Solana surpasses Ethereum to become the fastest-growing ecosystem in terms of new developers

Released by venture capital firm Electric Capital A developer report found that Solana is the blockchain of choice for new developers. The report found that of the 39,148 new developers who began exploring cryptocurrencies this year, 7,625 developed on Solana, representing an 83% year-over-year increase in the number of developers on the network. According to the report, this is the first time since 2016 that the Solana blockchain ecosystem has grown faster than Ethereum.

However, in terms of the total number of developers, Ethereum is still the largest blockchain in North America, South America, Asia, Europe and Africa. In terms of number of developers, Solana ranks second in the same region.

Electric Capital’s report also found that Aptos, Base, Bitcoin, Internet Computer, NEAR, Polkadot, Polygon, Starknet and Sui each added more than 1,000 developers in 2024. In addition, BNB, Optimism, Scroll, Stellar and TON also added 500 new developers.

▌Report: Emerging markets to lead in cryptocurrency adoption in 2024

According to a survey report released by Consensys , emerging in 2024 Markets lead in cryptocurrency adoption, with at least half of respondents in Nigeria (84%), South Africa (66%), Vietnam (60%), Philippines (54%) and India (50%) saying Own a crypto wallet in 2024. Türkiye and the United States also ranked highly, with 44% and 43% of respondents respectively sayingHave a wallet.

Cryptocurrency ownership increased in many countries in 2024, with Mexico increasing by 8%, the Philippines and South Africa increasing by 7%, followed by Germany by 5%, and Japan by 4%.

According to the survey, about 40% of the respondents own cryptocurrency or have purchased cryptocurrency in the past. The proportion is lower in Japan, Argentina, Canada, France, Italy and the UK, where less than a third of respondents have ever purchased any digital asset.

▌CryptoQuant: Ethereum may breach $5,000 due to increased institutional demand

Ethereum may soon breach $5,000 due to increased institutional demand, according to a new report from CryptoQuant , which would mark an all-time high for the second-largest cryptocurrency by market capitalization. Not only that, there is also a lot of activity on the chain. The company said in a report on Thursday that it saw record inflows into the new ethereum ETF.

Global investors poured $1.2 billion in new money into Ethereum funds last week, a record just months after spot ETH funds began trading in the United States.

▌The U.S. think tank NCPPR proposes that Amazon include Bitcoin in its financial reserves

The U.S. think tank "Center for Public Research" (NCPPR) proposes that Amazon include Bitcoin in its financial reserves. NCPPR believes that Bitcoin can serve as a hedge against currency devaluation, but whether Amazon will adopt a more innovative strategy remains undetermined. Amazon will likely vote on the NCPPR proposal at its annual shareholder meeting in May 2025.

▌Chainalysis extends Solana coverage to Pump.fun platform’s Meme coin

Blockchain analysis company Chainalysis announced that it will extend its Solana token coverage to Pump.fun platform’s Meme currency. Matthew Wilson, the company's product director, said that starting from the deployment of the SPL contract, Chainalysis provides comprehensive alerts, risk exposure and tracking functions to help exchanges achieve compliant currency listings and assist in investigating fraud and "leek cutting" behaviors.

▌American hedge fund Starboard Value has invested in Riot Platforms and is pushing the company to improve its business model

According to the Wall Street Journal citing people familiar with the matter, American hedge fund Starboard Value has invested in Riot Platforms Riot Platforms, whose exact stake is unknown, is pushing the company to improve its business model.

Starboard has reportedly been urging Riot to convert some of its Bitcoin mining sites into data centers to host machines that provide high-performance computing (HPC) to big tech companies. Riot is currently a “pure” Bitcoin miner, and its revenueRevenues come solely from Bitcoin mining, while some other peers, such as Core Scientific (CORZ), dedicate large portions of their facilities to HPC and AI computing.

▌The winning bid yield for the U.S. 30-year Treasury bond issuance is 4.535%, which is higher than the pre-issuance trading yield

The U.S. Treasury Department renewed its issuance of US$22 billion30 1-year Treasury bonds, the winning bid yield was 4.535%, and the pre-issuance trading yield when the bidding closed at 1 pm New York time was 4.523%. The proportion of primary dealers allocated was 14.4%, which was higher than the previous time. The allocation ratio for direct bidders dropped to 19.1%, and the allocation ratio for indirect bidders increased to 66.5%. The bid multiple was 2.39 times, lower than the average of 2.42 times in the past six renewal transactions.

▌The probability that the Federal Reserve will cut interest rates by 25 basis points in December is 94.7%

According to CME's "Fed Watch", the probability that the Federal Reserve will keep the current interest rates unchanged by December is 5.3%, cumulatively The probability of a 25 basis point interest rate cut is 94.7%. The probability of keeping current interest rates unchanged by January next year is 4.1%, the probability of a cumulative 25 basis point interest rate cut is 73.7%, and the probability of a cumulative 50 basis point interest rate cut is 22.3%.

▌Trump: To me, the stock market is everything

US President-elect Trump rang the opening bell on Thursday at the New York Stock Exchange. On the same day, he was "Time" magazine named him the 2024 Person of the Year. After ringing the bell, Trump said in an interview, "If you don't make (goods) here (in the United States), you have to pay 21% tax. If you make it here, we will work hard to get the tax down to 15% , you have to make your products in the United States," Trump also said. Attributing the recent rise in the stock market to his defeat of Biden (rather than Harris), "I have always said that for me, the stock market is everything. This is very important." He also revealed that after returning to the White House, he will work with some The richest and most influential people build closer ties.

▌What is Rollup?

Rollup is a way of processing transactions on a Layer 2 protocol that frees up valuable space in the base layer. Rollup folds transactions one by one on the second layer, sometimes dozens of times, then rolls them together before sending the data back to Layer 1. There are two main types of Rollups, optimistic and zero-knowledge (ZK) proofs. Optimistic Rollup is a fairly clear term. This means that Rollup operates with an "optimistic" approach, assuming transactions are valid unless proven wrong by the validator. They will check the validity of the transaction only if there is a dispute. ZK Rollup certifies transactions without revealing any transaction data. Therefore, it is called "zero knowledge". ZK Rollup providesFinality because the cryptographic proof guarantees that the data is valid. In many ways, Rollup is to your standard blockchain transaction what Calzone is to your average pizza slice. By scrolling, you can put more stuff in.

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.