Trump Meets with TikTok CEO Zhou Enlai ChatGPT Search Big Update

Reprinted from jinse

12/17/2024·6M

headlines

▌US media: Trump meets with TikTok CEO Zhou Shouzi

According to a CNN reporter, Trump met with TikTok CEO Zhou Shouzi at Mar-a- Lago on Monday local time. TikTok previously asked the U.S. Supreme Court to temporarily block laws that force the sale or ban of TikTok applications.

▌ ChatGPT search update, adding real-time search and advanced voice

OpenAI started its eighth day of technology sharing live broadcast and made a large number of updates to the ChatGPT search function. New features include real-time search. OpenAI has deeply optimized the search algorithm and can obtain real-time content (minute level) after users ask questions, including stocks, news, etc.; advanced voice. In advanced voice mode, users can Have a more natural multi-round search conversation with ChatGPT, more like a voice search butler; mobile terminal optimization, users can better use the search function on mobile terminals such as Android, iOS, tablets, etc., and the efficiency is increased by more than 40%. Map integration: ChatGPT now integrates a new map function. Users can directly view surrounding geographical location information in the search results for route planning and location exploration. It is estimated that this function will be developed towards a business model, and in the future it will conduct business cooperation with restaurants, shopping malls and the like.

Quotes

As of press time, according to Coingecko data:

BTC’s recent transaction price was US$106,020, with an intraday increase or decrease of +1.3% ;

ETH’s recent transaction price was US$3,979.89, with an intraday increase or decrease of +0.4% ;

BNB’s recent transaction price was US$718.62, with an intraday increase or decrease of -0.5 % ;

SOL’s recent transaction price was US$215.62, with an intraday increase or decrease of -0.9 % ;

DOGE’s recent transaction price was 0.4006 yuan, with an intraday increase or decrease of -1.5% ;

XPR’s recent transaction price was $2.47, with an intraday increase or decrease of +0.6% .

policy

▌ NFT project CyberKongz said it received Wells notice from the US SEC

The NFT project CyberKongz posted on the Staff may recommend enforcement action.

The team said: “The U.S. SEC Enforcement Division made very worrying remarks to us, that is, if the token (ERC-20) is not registered as a security, it cannot be combined with blockchain games. This kind of remarks It will have a significant impact on the entire web3 games industry and we will oppose this stance more broadly."

▌ TD Cowen analyst: Democrats may not hold senior positions in the U.S. SEC next year

TD Cowen analysts say Democrats may not hold top positions at the U.S. Securities and Exchange Commission (SEC) next year, making way for Republicans to enact cryptocurrency-related rules.

The investment bank noted that an all-Republican committee would help Atkins move forward with the rules faster because there are no Democrats to stall the process. Analysts say, however, that bipartisanship also carries risks that could affect future cryptocurrency regulation. "If the rules are seen as partisan, a Democratic SEC would be more likely to change them, versus bipartisan rulemaking that could create a regulatory regime that stands the test of elections," the analysts said. "We believe this Will provide policy stability that will benefit crypto trading platforms, token issuers and the broader crypto industry.”

Blockchain application

▌EY Global Blockchain Leader: The blockchain industry will usher in an accelerated revolution and brighter prospects in 2025

Paul Brody, Ernst & Young's global blockchain leader, wrote that 2024 will be a breakthrough year for blockchain. The process of transformation to regulatory approval, public blockchain and legal digital assets was originally gradual, and now it has become Sprint style. On the regulatory front, the U.S. is poised to accelerate significantly and potentially leapfrog the rest of the world in its acceptance and expansion of digital assets.

Paul Brody's article stated: "2024 is an extraordinary year for blockchain. We have not changed direction, but we have begun to move forward at a faster speed. Looking forward to 2025, the industry will usher in an accelerated revolution and a brighter prospect."

▌ Layer1 blockchain Avalanche launches Avalanche9000 upgrade

Layer 1 blockchain Avalanche announced the Avalanche 9000 upgrade on Monday, which introduces a number of new features, including improvements that make launching "subnet" blockchains easier and running smart contracts cheaper.

It is reported that Avalanche9000 is the largest upgrade of the network so far. This update contains improvement proposals ACP-77 (changes how validators operate) and ACP-125 (reducing the base fee of the Avalanche main "C-chain" network).

"This is the beginning of hundreds of Avalanche L1 rollouts," the team wrote on Explosive growth in emissions.”

cryptocurrency

▌Analyst : MicroStrategy is expected to be included in the S &P 500 in June 2025

MicroStrategy (MSTR) will officially join the Nasdaq 100 Index on December 23, 2024, becoming the first Bitcoin company to be selected into the index. Analysts expect this will bring about $2.1 billion in passive ETF buying and increase market liquidity. Although the company has not yet met the S&P 500's profitability criteria, MicroStrategy is expected to be included in the S&P 500's quarterly adjustment in June 2025 after new accounting standards take effect in January 2025. The company currently holds 439,000 Bitcoins, worth over $45 billion.

▌ Ether.Fi proposes to allocate 5% of the protocol revenue to buy back ETHFI and distribute it to stakers

According to a post on the decentralized finance (DeFi) protocol Ether.Fi community governance forum, Ether.Fi proposed to allocate 5% of the protocol revenue to purchase ETHFI and distribute it as rewards to ETHFI stakers, a move aimed at "Enhance ETHFI's utility, strengthen its market, and align user incentives with the growth of the Ether.Fi ecosystem."

The Ether.Fi team describes the 5% revenue distribution as a "starting point," noting that rewards will initially be available only to token holders who have staked ETHFI for at least a month. According to the post, the proposal will be voted on by token holders before the end of the week. Ether.Fi has used protocol revenue to buy back tokens from ETHFI's main liquidity pool.

▌ Monad announced the establishment of the Monad Foundation

Monad tweeted to announce the establishment of the Monad Foundation: "We are very pleased to announce the establishment of the Monad Foundation. This is an important step in promoting the further decentralization of the Monad protocol and ecosystem. The mission of the Foundation is to promote the growth and development of the Monad protocol. Pervasive, a decentralized, permissionless network with many independent global contributors.”

▌ USDC Treasury mints 50 million USDC on the Ethereum blockchain

According to Whale Alert monitoring, around 01:55 Beijing time today, USDC Treasury minted 50,000,000 USDC on the Ethereum blockchain.

▌ Blast: Plans to announce updates on mobile platform and token economics next month

Blast posted on the Go online.

Important economic developments

▌The probability that the Fed will cut interest rates by 25 basis points in December is 95.4%

According to CME's "Fed Watch", the probability that the Federal Reserve will keep current interest rates unchanged until December is 4.6%, and the probability of cutting interest rates by 25 basis points cumulatively is 95.4%. The probability of keeping current interest rates unchanged by January next year is 3.8%, the probability of a cumulative 25 basis point interest rate cut is 79.9%, and the probability of a cumulative 50 basis point interest rate cut is 16.3%.

▌The three major U.S. stock indexes closed mixed

The three major U.S. stock indexes closed with mixed gains, with the Nasdaq rising 1.24% and reaching a new high; the S&P 500 rising 0.39%, and the Dow falling 0.25%. Most large technology stocks rose. Tesla rose by more than 6%, Google rose by more than 3%, Intel and Amazon rose by more than 2%, Apple rose by more than 1%, Netflix and Meta rose slightly; Nvidia fell by more than 1%, and once in the session fell into the correction zone. Among them, Tesla, Google, and Amazon have all reached new highs.

Golden Encyclopedia

▌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 Rollup, optimistic and zero-knowledge (ZK) proof. 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 only check the validity of the transaction if there is a dispute. ZK Rollup certifies transactions without revealing any transaction data. Therefore, it is called "zero knowledge". ZK Rollup provides instant finality because cryptographically proven data is guaranteed to be 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.