1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +1.92%
ETH: +1.96%
XRP: +0.97%
SOL: +4.68%
DOGE: +1.66%
BNB: +0.01%
HBAR: -0.84%
ENA: +5.02%
AVAX: +1.9%
FTM: -1.53%
24-hour price increase list (data source: OKX):
MAGIC: +16.48%
LAT: +12.42%
UXLINK: +12.39%
CVX: +11.29%
CORE: +9.63%
DGB: +9.58%
BANANA: +8.69%
VELO: +8.3%
PRCL: +7.16%
BZZ: +7.1%
2. Top 5 popular memes on the chain (data source: GMGN ):
SP00GE
ZEREBRO
DUNA
swarms
Fartcoin
3. 24-hour hot search currencies
SP00GE : A new AI meme, with a current market value of around 10 million US dollars.
swarms: AI cluster concept token, which was launched on Binance alpha and Moonshot yesterday, with a current market value of US$170 million.
Headlines
Do Kwon pleads not guilty to U.S. fraud charges at a hearing in Manhattan federal court
Terraform Labs founder Do Kwon pleaded not guilty to U.S. fraud charges at a hearing in Manhattan federal court. Do Kwon submitted his request before Judge Robert Lehrburger of the U.S. District Court for the Southern District of New York in Manhattan on Thursday afternoon local time.
Afterwards, the defense and prosecution will hold a status conference on January 8, 2024 to share evidence and discuss pre-trial motions.
Previously, Do Kwon faced nine charges for his role in the Terra ecosystem collapse in 2022, including securities fraud, wire fraud, money laundering charges, and commodities fraud charges. (Cointelegraph)
Solayer announces the establishment of a foundation and releases the governance token LAYER
Odaily Planet Daily reported that according to The Block, Solanas re-staking protocol Solayer established a foundation and launched the LAYER governance token.
“To support the next phase of our journey, we are excited to announce the formation of the Solayer Foundation, an independent non-profit organization dedicated to driving the development of SVM expansion, the upcoming LAYER token, and Season 1 staking,” Solayer Labs said in a post on the X Platform on Thursday.
Solayer is a Solana-based re-staking protocol that draws on Ethereums EigenLayer protocol. Re-staking allows users to maximize returns by earning additional rewards by re-locking staked assets (AVS, i.e. active verification services) in different protocols. According to DeFiLlama data, the re-staking protocol is currently ranked 12th on the Solana chain.
Industry News
According to Odaily Planet Daily, according to Lookonchain monitoring, the net outflow of 1,658 BTC (US$161.02 million) from the ten Bitcoin ETFs in the United States today, of which Grayscale (GBTC) outflowed 1,436 BTC (US$139.5 million), and currently holds 205,399 BTC, worth US$19.95 billion;
Nine Ethereum ETFs had a net inflow of 107 ETH (US$375,000), of which Fidelity received 9,500 ETH (US$33.15 million). Fidelity currently holds 471,750 ETH, worth US$1.65 billion.
Odaily Planet Daily News: Nate Geraci, president of The ETF Store, wrote on X: “Here are my top five predictions for cryptocurrency ETFs in 2025 (sorted by confidence):
1) Spot BTC and ETH Joint ETF Launch (Obvious)
2) Spot ETH ETF options trading
3) Spot BTC and ETH ETF physical creation/redemption
4) Spot ETH ETF staking
5) Spot SOL ETF approved. In fact, all of these will happen. ”
Morgan Stanley E-Trade is exploring offering cryptocurrency trading
Odaily Planet Daily reported that according to market news, Morgan Stanleys trading service E-Trade is exploring the provision of cryptocurrency trading. It is reported that Morgan Stanley E*Trade currently provides clients with brokerage services, private banking, SME retirement, retirement accounts, core investment portfolios and other services. Among them, the core investment portfolio includes mixed investment portfolio management, fixed income investment portfolio, core investment portfolio, Morgan Stanleys special financial advisory services and other services.
Binance acquires Brazilian licensed broker-dealer Sim;paul
Odaily Planet Daily reported that according to official news, Binance acquired Sim;paul, a licensed broker-dealer in Brazil. The specific acquisition amount has not been disclosed. By obtaining approval for the full acquisition of Sim;paul, Binance can more effectively comply with local regulatory requirements. It is reported that Sim;paul is a licensed broker-dealer authorized by the Central Bank of Brazil to distribute securities and issue electronic currency (EMI).
OKX will soon launch SONIC (Sonic SVM)
According to the official announcement, OKX will soon launch SONIC (SonicSVM), with the following schedule: SONIC deposit opening time: 8:30 pm, January 2, 2025 (UTC+ 8); SONIC call auction time: 7:00 to 8:00 pm, January 7, 2025 (UTC+ 8); SONIC/USDT spot trading opening time: 8:00 pm, January 7, 2025 (UTC+ 8); SONIC withdrawal opening time: 12:00 pm, January 7, 2025 (UTC+ 8). (This newsletter is generated by AI)
Binance to List GRIFFAIN, AI16Z, and ZEREBRO Perpetual Contracts
According to the official announcement, Binance will launch GRIFFAINUSDT perpetual contract at 13:30 (UTC) on January 2, 2025, AI16Z USDT perpetual contract at 13:45 (UTC), and ZEREBROUSDT perpetual contract at 14:00 (UTC), all supporting up to 75 times leverage. (This newsletter is generated by AI)
Binance Alpha adds swarms, TAOCAT, and degenai tokens
According to the official page of Odaily Planet Daily, Binance Alpha announced the 10th batch of project tokens, namely swarms (Solana), TAOCAT (Base) and degenai (Solana) tokens.
Odaily Planet Daily reported that according to Paiduns monitoring, in December 2024, there were more than 25 hacker attacks in the cryptocurrency field, causing losses of approximately US$24.7 million, a decrease of 71% month-on-month, making it the month with the least losses in the year.
The top 5 attacks are as follows:
LastPass: $12.38 million
Yeifinance: $2.2 million;
GemPad: $2.2 million;
MEMECoin Drainer: $2.2 million
FEGToken: $1.3 million.
Project News
Ethereum Newsweek will cease operations due to Ethereum Foundation cutting off funding support
Odaily Planet Daily News: Evan Van Ness, founder of Week in Ethereum News (WiE), said in a post on X: “Due to a conversation with the leadership of the Ethereum Foundation (EF) earlier this year, I announced that this newsletter will cease operations because the communication showed that they believed there was no value in continuing to operate WiE.
WiE received only minimal funding from the Ethereum Foundation for the remainder of 2024. While this support was mostly symbolic, EF leadership chose to cut off this paltry support, clearly signaling the immediate end of WiE.”
Arbitrum Foundation Plans to Provide Funding to Support Ethereum Newsweek’s Continued Operations
Odaily Planet Daily News: Ninal Rong, head of partnerships at the Arbitrum Foundation, said that the Arbitrum Foundation will provide financial support for the continued operation of Ethereum News Weekly and will DM its founder to discuss specific matters.
Earlier news said that Ethereum News Weekly will cease operations due to the foundation cutting off its financial support.
Odaily Planet Daily News: Uniswap Labs published a post on X saying that the V4 version will be launched soon.
Starknet: Stwo Prover to be launched in April 2025
Odaily Planet Daily News Starknet announced on the X platform that it plans to launch the Stwo prover in April 2025, which is expected to be about 940 times more efficient than the current Starknet prover.
AI Architecture Protocol ARC Releases Official Documentation
Odaily Planet Daily News: Tachi, the founder of Playgrounds, the team behind arc (AI Rig Complex), posted on the X platform that the official documentation of the Rig architecture has been released.
Xterio Token Economics Announced, Community Allocation of 28%
Odaily Planet Daily News Xterio published a statement on the X platform stating that the token economics have been announced and the total supply of XTER is 1 billion.
The community allocates 28%, and 20 million tokens will be fully unlocked at TGE; the ecosystem allocates 26%, and 20 million tokens will be fully unlocked at TGE; investors allocate 15%; the team allocates 12%; 9% of the tokens are allocated for marketing, and 15 million tokens will be fully unlocked at TGE; 4.25% of the tokens belong to the treasury, and 5.75% of the tokens are used to provide liquidity and pledge during TEG. In summary, the initial circulation of XTER is 112.5 million.
According to previous news, Xterio announced that TGE will be held on January 8.
Injective will launch a cross-chain AI proxy center in cooperation with Sonic SVM this year
Odaily Planet Daily News Injective announced that it will cooperate with Sonic SVM to launch a cross-chain AI Agent Hub this year, allowing users to seamlessly launch and access AI agents that can be combined across Solana and Injective.
Investment and Financing
Solana Scaling Solution Solaxy Raises $7M in Token Presale
Odaily Planet Daily reported that Solanas expansion solution Solaxy has raised US$7 million in the pre-sale of its native token SOLX. The project aims to become the first Layer-2 built specifically for the Solana blockchain, introducing rollup technology to help solve the networks transaction bottlenecks.
Regulatory policies
Bloomberg: New SEC Chairman Will “Almost Certainly” Make Crypto Market Regulation Less Hostile
Odaily Planet Daily News: Bloomberg columnists Marcus Ashworth and Mark Gilberts key message for 2025 is: Fasten your seat belts, its going to be a roller coaster ride. On the question of what the future holds for Bitcoin, they pointed out that Nobel Prize-winning economist Paul Krugman posted on the Bluesky social platform last month that although Bitcoin broke $100,000, there is still no legitimate use case even 15 years later. The recent jump in Bitcoin prices has at least one identifiable trigger: the hope that the Trump administration will take a more relaxed attitude toward cryptocurrencies, an expectation that is likely to be realized under the leadership of incoming Securities and Exchange Commission Chairman Paul Atkins, who is believed to be more friendly to the crypto market than his predecessor, and the regulatory environment will almost certainly become less hostile. (Bloomberg)
Swiss Bitcoin referendum proposal needs 100,000 signatures within 18 months
Odaily Planet Daily reported that Dennis Porter, founder of Satoshi Action Fund, posted on X that Swiss legislator Samuel Kullmann is pushing for Bitcoin to be included in the Swiss Constitution. This effort basically requires collecting 100,000 signatures within 18 months to force the states to vote to pass Bitcoin as part of the Swiss Constitution.
He added: “It’s going to take a lot of work and I know it’s a long-term goal, but we need to challenge for the end zone now while we have the momentum.”
Earlier news, the Swiss federal government has officially begun to review the referendum proposal called Building a Financially Strong and Responsible Switzerland (Bitcoin Initiative). The proposal has been published in the Federal Gazette and is now in the signature collection stage, aiming to incorporate Bitcoin into the Swiss national financial system through a constitutional amendment.
Characters Voices
Odaily Planet Daily News: Haseeb Qureshi, managing partner of Dragonfly Capital, wrote in an article on X that Meme coins will continue to lose market share and be replaced by AI Agent coins. This is a shift from financial nihilism to financial over-optimism. Qureshi also said that the AI Agent boom may last until 2025, but it will not last forever. With the emergence of more advanced AI products, people may lose interest in social media chatbots. According to CoinMarketCap data, the total trading volume of Meme coins fell by 21.49% in the past 24 hours, while the trading volume of top AI and data tokens increased by 7.95%. (Cointelegraph)
Odaily Planet Daily News Cryptocurrency prediction platform Polymarket previously said that the probability of the US Solana ETF being listed in 2025 is about 77%. Matthew Sigel, head of research at VanEck, said that this prediction was underestimated. In June 2024, VanEck and rival asset management company 21 Shares sought permission from US regulators to list the spot Solana ETF. Last November, shortly after Trump won the US presidential election, Matthew Sigel said that the United States had an extremely high chance of approving the SOL ETF in 2025.
Odaily Planet Daily News: Anthony Scaramucci, founder of Skybridge Capital, said in an interview with Bankless that the U.S. Senate will approve a large-scale Bitcoin purchase plan because Trump wants the plan to be realized and he has obtained the support of the Senate Banking Committee.
Anthony Scaramucci revealed that the Strategic Bitcoin Reserve Act proposed by Senator Cynthia Lummis has received sufficient support, but he believes that the purchase of 1 million BTC in the bill is not realistic. It is expected that the US government will retain the current holdings of about 200,000 BTC and then purchase another 400,000-500,000 BTC. (Bitcoinist)
DWF Labs: Meme coin growth trend may continue in 2025
Odaily Planet Daily News DWF Labs pointed out in its year-end report that Meme coins have transformed into a vertical market and represent an unprecedented opportunity to create value. The company said that Meme coins combine social dynamics and financial markets and are not just a temporary fashion, but also represent a new investment paradigm. For example, Dogecoin was originally a satirical comment on cryptocurrency, but has now developed into a vertical market that has attracted a lot of capital flows and institutional attention.
In addition, DWF Labs also pointed out that the market value of Meme Coin has soared from $20 billion to $120 billion, an increase of 500%, and the company believes that this trend may continue in the new year. (TheBlock)
Satoshi Action Fund co-founder: A US state will start buying Bitcoin within 4 months
Odaily Planet Daily News: Satoshi Action Fund co-founder and CEO Dennis Porter posted on X that it is almost 100% certain that a state in the United States will start buying Bitcoin, and the specific state will be revealed within the next 4 months.
He also said that his team is actively promoting the passage of relevant legislation, which is not a simple prediction but real progress that is taking place.
