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50 million USDC BTC were destroyed on the Ethereum chain and exceeded 95,000 US dollars

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Reprinted from jinse

01/02/2025·4M

headlines

USDC Treasury destroyed 50 million USDC on the Ethereum chain

According to monitoring by 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 situation shows that BTC has exceeded US$95,000 and is now trading at US$95,046.16, with a 24-hour increase of 1.53%. The market fluctuates greatly, so please control risks.


Quotes

As of press time, according to Coingecko data:

BTC’s recent transaction price was US$94,274.66, with an intraday increase or decrease of +1.0 % ;

ETH’s recent transaction price was US$3,348.35, with an intraday increase or decrease of +0.5% ;

BNB’s recent transaction price was US$705.10, with an intraday increase or decrease of +0.6 % ;

SOL’s recent transaction price was US$193.78, with an intraday increase or decrease of +2.3 % ;

DOGE’s recent transaction price was 0.3244 yuan, with an intraday increase or decrease of +2.6% ;

XPR’s recent transaction price was $2.35, with an intraday increase or decrease of +12.6% .


policy

▌Syria proposes legalizing Bitcoin to promote economic recovery

According to Cryptopolitan, the Syrian Economic Research Center has proposed a plan to urge 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 its crumbling financial system. It proposes the creation of a regulatory framework to legalize the use of Bitcoin for trading, mining and financial transactions.


Blockchain application

Floki DAO voted unanimously to approve the ETP funding proposal

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


cryptocurrency

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

Hack VC expects more large acquisitions in 2025, as web2 companies interested in cryptocurrencies may return as the bull market continues. 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 FTX crash, but we expect them to return as crypto enters its peak season again, Also since these companies often lack expertise or technology in crypto, it is easier to acquire some than to develop one yourself.”

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

According to CryptoSlam data, total NFT sales will reach 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 at the top with sales of $3.1 billion, and Solana ranked third with sales of $1.4 billion.

Aave deposits reached US$33.4 billion, a record high

Decentralized finance platform Aave’s total net deposits exceeded $33.4 billion, setting a new all-time high and surpassing 2021 bull market levels. In 2024, Aave launched the V4 version 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.

Tokens in the AI ​​Agents sector generally rose, with AI16Z rising 36.1% in 24 hours

The market situation shows that tokens in the AI ​​Agents sector have generally risen. VIRTUAL is currently quoted at US$4.52, with a 24-hour increase of 14.5%;

AI16Z is currently quoted at $2.14, with a 24-hour increase of 36.1%;

FAI is currently quoted at US$0.04616, with a 24-hour increase of 41.4%;

ELIZA is currently quoted at $0.1463, with a 24-hour increase of 16%;

SWARMS is currently quoted at $0.08499, with a 24-hour increase of 12.2%;

The market fluctuates greatly, so please control your risks.


Important economic developments

▌The probability that the Fed will keep interest rates unchanged in January is 88.8%

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


Golden Encyclopedia

▌What is a compressed NFT?

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

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.

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