50 million USDC were destroyed on the Ethereum chain, and BTC broke through $95,000

Headline

▌USDC Treasury destroyed 50 million USDC on the Ethereum chain

According to the on-chain data tracking service Whale Alert, USDC Treasury destroyed 50 million USDC on the Ethereum chain about 8 minutes ago.

▌BTC breaks through $95,000

The market shows that BTC has broken through $95,000 and is now at $95,046.16, with a 24-hour increase of 1.53%. The market is volatile, so please do a good job of risk control.

Market

As of press time, according to Coingecko data:

BTC's latest transaction price is $94,274.66, with a daily increase or decrease of +1.0%;

ETH's latest transaction price is $3,348.35, with a daily increase or decrease of +0.5%;

BNB's latest transaction price is $705.10, with a daily increase or decrease of +0.6%；

SOL's latest transaction price is 193.78 US dollars, with a daily increase or decrease of +2.3%；

DOGE's latest transaction price is 0.3244 yuan, with a daily increase or decrease of +2.6%；

XPR's latest transaction price is 2.35 US dollars, with a daily increase or decrease of +12.6%。

Policy

▌Syria proposes to legalize Bitcoin to promote economic recovery

According to Cryptopolitan, the Syrian Economic Research Center has proposed a plan urging the transitional government to adopt Bitcoin and other digital assets to combat inflation, stabilize the economy and attract global investment. The plan comes as the country faces huge reconstruction challenges after decades of war and financial disaster. The proposal focuses on Bitcoin as a lifeline for Syrian citizens and their shaky financial system. It proposes to establish a regulatory framework to legalize the use of Bitcoin in trading, mining and financial transactions.

Blockchain Application

▌Floki DAO votes unanimously to pass ETP funding proposal

Floki DAO voted unanimously to support the exchange-traded product (ETP) that will be launched in the first quarter of 2025 by using 16.3 billion Floki tokens as liquidity. The product will be listed on the Swiss SIX Stock Exchange, providing European traditional financial investors with access to Floki tokens.

Cryptocurrency

▌Hack VC: Web2 companies will return to the crypto market in 2025

Hack VC expects more large-scale acquisitions in 2025 as web2 companies interested in cryptocurrencies may return due to the continued bull market. Ed Roman, co-founder and managing partner of Hack VC, said: "These Web2 buyers have been inactive for the past few years due to the NFT crash and the FTX crash, but we expect them to return as cryptocurrencies enter the peak season again. In addition, since these companies generally lack expertise or technology in encryption, it is easier to acquire some companies than to develop them themselves."

▌Total NFT sales reached US$8.8 billion in 2024, an increase of 1.1% from 2023

According to CryptoSlam data, total NFT sales reached US$8.8 billion in 2024, an increase of 1.1% from 2023, showing that the NFT market is still active. Ethereum and Bitcoin blockchains both ranked first with sales of US$3.1 billion, and Solana ranked third with sales of US$1.4 billion.

▌Aave deposits reach $33.4 billion, a record high

The total net deposits of decentralized financial platform Aave exceeded $33.4 billion, a record high, surpassing the 2021 bull market level. In 2024, Aave launched version V4 and expanded its GHO stablecoin to multiple blockchain networks. In addition, Aave has added support for BNB chain, Scroll, ZKsync Era and ether.fi, and plans to introduce Sonic network, Mantle, Linea, BOB, Spider Chain and Aptos network in 2025, subject to community approval.

▌AI Agents tokens generally rose, AI16Z 24 hours increase of 36.1%

The market shows that AI Agents tokens generally rose, VIRTUAL is now quoted at US$4.52, a 24-hour increase of 14.5%; AI16Z is now quoted at US$2.14, a 24-hour increase of 36.1%; FAI is now quoted at US$0.04616, a 24-hour increase of 41.4%; ELIZA is now quoted at US$0.1463, a 24-hour increase of 16%; SWARMS is now quoted at US$0.08499, a 24-hour increase of 12.2%; The market fluctuates greatly, please do a good job of risk control.

Important Economic Dynamics

▌The probability of the Federal Reserve keeping interest rates unchanged in January is 88.8%

According to CME's "Fed Watch", the probability of the Federal Reserve keeping interest rates unchanged in January is 88.8%, and the probability of a 25 basis point rate cut is 11.2%. The probability of maintaining the current interest rate unchanged by March is 49.7%, the probability of a cumulative 25 basis point rate cut is 45.3%, and the probability of a cumulative 50 basis point rate cut is 4.9%.

Golden Encyclopedia

▌What is Compressed NFT?

CNFT is a newer non-fungible token that uses state compression technology to store data more efficiently on Solana. Unlike traditional NFTs that store all token metadata directly on the chain or through external links such as IPFS, cNFT uses Merkle trees to optimize data storage.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish the correct investment philosophy and be sure to increase risk awareness.