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OpenAI may build the first humanoid robot, 7 listed mining companies will have positive returns by the end of the year

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Reprinted from jinse

12/25/2024·4M

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OpenAI has talked about building a humanoid robot

Over the past year, OpenAI has taken a renewed interest in robotics: investing in startups developing robotics hardware and software, such as Figure and Physical Intelligence, and reviving an internal robotics software team that disbanded four years ago. Now, OpenAI may take that interest to the next level. The company recently considered developing a humanoid robot, according to two people with direct knowledge of the discussions. Don't get too excited, though: Any potential humanoid robots appear to be a lower priority for OpenAI than many of its other technologies and products, such as its acclaimed inference models and tools that help automate various software engineering projects, one of the people said. and agents analyzing tasks. Yet the fact that OpenAI is even considering developing humanoid robots underscores its growing ambitions to branch out into everything from search and web browsers to server chips and data center planning.

▌Data : Only 7 of the 25 listed mining companies will achieve positive returns by the end of 2024

As of December 24, Bitcoin was up 113% in 2024. According to data from the Hash Rate Index and Google Finance, the stock prices of most listed mining companies were in a downward trend at the end of 2024, with a drop of as much as 84%. Of the 25 listed mining companies in the index, only 7 achieved positive returns.

As of press time, Bitdeer (BTDR) is up 167%, Cipher (CIFR) is up 33%, Hut 8 (HUT) is up 91%, Iris Energy (IREN) is up 72%, Northern Data (NB2) is up 58%, Core Scientific ( CORZQ) is up 327% and TeraWulf (WULF) is up 169%.

On the other hand, Argo Blockchain (ARB) fell 84%, followed by Sphere 3D (ANY) down 69%, MARA Holdings (MARA) down 12%, Hive (HIVE) down 29%, Greenidge (GREE) down 74%, Bitfarms (BITF) is down 44% and BitFufu (FUFU) is down 18% (to name a few).

Overall, 2024 is a year for Bitcoin miners to adapt to change, as they deal with reduced rewards and increased costs, and seek new revenue streams to sustain operations.

Bitcoin miners’ cumulative revenue exceeds $71 billion. According to Blockchain.com, miners’ revenue on December 22 was $42 million, compared with a peak of over $100 million in April.


Quotes

As of press time, according to Coingecko data:

BTC’s recent transaction price was US$98,534.17, with an intraday increase or decrease of +4.3% ;

ETH’s recent transaction price was US$3,487.23, with an intraday increase or decrease of +2.3% ;

BNB’s recent transaction price was US$696.82, with an intraday increase or decrease of +0.9 % ;

SOL’s recent transaction price was US$196.78, with an intraday increase or decrease of +3.9 % ;

DOGE’s recent transaction price was 0.3359 yuan, with an intraday increase or decrease of +4.2% ;

XPR’s recent transaction price was $2.31, with an intraday increase or decrease of +2.8% .


policy

▌Cryptocurrency tax regulations in the United States, Britain and Europe have been upgraded, and investors need to be wary of key tax rates and compliance requirements

The United States, the United Kingdom and the European Union are strengthening tax regulations on cryptocurrencies, which will have an important impact on investors. In the United States, cryptocurrencies are considered digital assets and are subject to capital gains tax on sales or transactions. The tax rate depends on the holding time and income level; miners and staking profits are subject to income tax, and transactions will need to report user data starting from 2025. In the UK, the sale or exchange of crypto assets is subject to capital gains tax, with a tax rate of up to 24%, and an exemption of £3,000 per year; mining income and crypto salary income are subject to income tax and national insurance. In the EU, tax rates vary from country to country. For example, Germany has a tax exemption for holdings for more than one year, while Spain’s tax rate is as high as 28%; the MiCA regulations that will take effect in 2025 will unify some rules and enhance tax transparency.


Blockchain application

▌Humanity Protocol: The testnet private key storage issue has been noticed and will be resolved as soon as possible

Blockchain identity authentication platform Humanity Protocol responded to Slow Mist founder Yu Xian on the

According to previous news, Yu Xian, the founder of SlowMist, posted on


cryptocurrency

▌The value of COIN shares held by Coinbase CEO has increased by nearly $2 billion since November 5

Cryptocurrency exchange Coinbase CEO Brian Armstrong has sold shares in the company for weeks, cashing out a total of about $437 million following the election of Donald Trump as president and the victory of pro-cryptocurrency lawmakers. The shares he sold were up $129 million from their pre-election valuations amid optimism following the election results.

According to the latest SEC filings, Brian Armstrong still holds more than 10% of Coinbase shares, and the approximately 24 million shares in his trust fund are worth approximately $6.4 billion, an increase of nearly $2 billion from November 5.

Murad: PEPE ranks first among all Meme communities in terms of the number of users with positions exceeding $1,000.

Meme currency KOL Murad released a chart. The number of holders with positions exceeding $1,000 can be used as a useful indicator of the belief of the Memecoin community. The more people there are, the more active the community is. Among them: PEPE has 77,145 users with positions exceeding $1,000, ranking first among all meme communities. One, accounting for 21.5% of the total number of people in the PEPE community. WIF ranks second with 24,147 users holding positions over $1,000, followed closely by SPX6900, POPCAT and MOG.

Greeks.live: The liquidity of the crypto market weakens during the Christmas holiday, and Bitcoin’s $84,000 option pain point may be invalid.

Adam, an analyst at Greeks.live, wrote that although the European and American markets are closed for the Christmas holiday, the crypto market has seen a significant rise driven by Bitcoin. Due to poor market liquidity between the Christmas holiday and year-end delivery, less motivation is needed for price fluctuations.

In terms of options, short-term implied volatility (IV) has declined compared with the previous day, and market makers are nearing the end of their position transfer. It is expected that IV will remain stable before the end of the year. Currently, the largest options pain point for Bitcoin is at US$84,000 and for Ethereum at US$3,000. These annual largest pain points may become ineffective as in previous years.

▌Data : The number of wallet addresses holding 10-1,000 BTC reaches 150.13 million

Santiment posted on the Number of BTC wallets:

0-0.1 BTC wallet: 50.17 million

0.1-10 BTC wallet: 4.31 million

10-1,000 BTC wallets: 150.13 million

1,000+BTC wallet: 2,050

Particularly among the latter two groups, the bull market is likely to continue as long as their numbers rise and accumulation continues, as they will throughout 2024. "

Glassnode: Solana has maintained positive net capital inflows since early September 2023

Glassnode posted on the growth and price appreciation, and reached a significant peak of $776 million in new capital inflows per day."


Important economic developments

▌The probability that the Fed will keep interest rates unchanged in January next year is 91.4%

According to CME's "Fed Watch", the probability that the Federal Reserve will keep interest rates unchanged in January next year is 91.4%, and the probability of cutting interest rates by 25 basis points is 8.6%. The probability of keeping current interest rates unchanged by March next year is 52.1%, the probability of a cumulative 25 basis point interest rate cut is 44.2%, and the probability of a cumulative 50 basis point interest rate cut is 3.7%.

▌The onshore RMB against the U.S. dollar rose 24 points from Monday night’s closing price

The onshore RMB against the U.S. dollar (CNY) closed at 7.2946 yuan at 03:00 Beijing time, up 24 points from Monday night's closing price.

▌The U.S. dollar index rose 0.15% on December 24

The U.S. dollar index, which measures the U.S. dollar against six major currencies, rose 0.15% on the day and closed at 108.200 in late foreign exchange trading. As of late trading in New York, 1 euro was worth $1.0394, down from $1.0412 on the previous trading day; 1 pound was worth $1.2532, down from $1.2535 on the previous day. 1 U.S. dollar was exchanged for 157.32 yen, higher than 157.10 yen on the previous trading day; 1 U.S. dollar was exchanged for 0.9006 Swiss francs, higher than 0.8985 Swiss francs on the previous trading day; 1 U.S. dollar was exchanged for 1.4367 Canadian dollars, lower than the previous trading day 1.4372 Canadian dollars; 1 US dollar exchanged for 11.0923 Swedish kronor, higher than the previous trading day's 11.0322 Swedish kronor.


Golden Encyclopedia

What is Ripple Labs’ RLUSD stablecoin?

RLUSD is a stablecoin developed by Ripple Labs, the organization behind the XRP cryptocurrency. RLUSD, or Ripple Labs USD, aims to provide a stable digital currency for trading and trading. As a stablecoin pegged to the U.S. dollar, 1 RLUSD is equal to 1 U.S. dollar. Each RLUSD maintains a 1:1 peg. These collateral assets are either U.S. dollar deposits or cash equivalents.

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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