Gate Research Institute: The total Market Cap of stablecoins has exceeded 200 billion US dollars, and Ethena collaborates with Berachain to launch pre-deposit Vaults.

Abstract

Please provide the text to be translated.

  • BTC price fell by 1.63%. The recent trend has shown a clear downward trend, with the price falling back after touching the descending trend line. During this period, the highest point reached $95,300.0 and the lowest point plunged to $93,013.7.
  • ETH price fell slightly by 0.48%, and the recent price trend has generally remained within a range of fluctuations, reaching a high of $3,413.19 and a low of $3,326.53 during this period.
  • The total market value of stablecoins has exceeded 2,000 billion US dollars, with USDT continuing to dominate the market.
  • The total value locked (TVL) of the token pool has exceeded $1.1 billion, and the ecological activity continues to increase.
  • Ethena teams up with Berachain to launch pre-deposit Vaults and initiate a new eco-reward mode.
  • Sophon mainnet starts the second phase of mining, optimizing the reward mechanism to promote ecosystem development. Please provide the text to be translated.

Market Review

Please provide the text to be translated. According to the market data of Gate.io, as of 2 o'clock on December 30 (UTC+0)【1】: Please provide the text to be translated.

  • BTC - The price of BTC has fallen by 1.63% in the past 24 hours. The highest price reached last week was $99,958.3, and the lowest dropped to $92,519.9. The recent trend shows a clear downward trend, with the price falling after touching the downward trend line and failing to break through the resistance area above. Currently, the price has temporarily found support near $93,000. The trading volume shows some activity, especially when the price approaches the support level, reflecting a significant divergence between long and short positions. On the technical side, the MACD indicator shows that the downward momentum is gradually weakening, but there is no clear rebound signal yet. It is worth noting that the price of BTC is still looking for a bottom, and is currently receiving temporary support near $93,000. Please provide the text to be translated. Please provide the text to be translated.
  • ETH - The ETH price has dropped by 0.48% in the past 24 hours, reaching a high of $3,546.83 last week and a low of $3,269.59. The recent price trend has remained within a range, fluctuating between the pressure area of around $3,430 and the support area of $3,300, forming a box structure. The trading volume has increased when the price is close to the boundary of the range, indicating the market's attention to these key positions. From a technical indicator perspective, the MACD momentum column has gradually shortened from negative values, indicating a weakening of the downward momentum. In comparison, the ETH price has shown significantly stronger performance than BTC, demonstrating better stability during the oscillation.【3】 Please provide the text to be translated. Please provide the text to be translated.
  • ETF - According to SoSoValue data, on December 27th, the total net outflow of Bitcoin spot ETF in the United States was 297 million USD, and the total net inflow of Ethereum spot ETF in the United States was 47.77 million USD.【4】
  • Altcoin - Virtuals Protocol Ecosystem, AI Agent Launchpad, AI Agents, etc., changed by +4.7%, +3.5%, +1.3% respectively. 【5】
  • US Stock Three Major Indices - S&P 500 Index fell by 1.11%, Dow Jones Industrial Average fell by 0.77%, Nasdaq Composite Index fell by 1.36%.【6】
  • Spot Gold - The spot gold price is at $2,622.81 per ounce, with a 0.11% intraday gain.【7】
  • Fear and Greed Index - The Fear and Greed Index has dropped to 65, indicating a decrease in the degree of market greed. [8] Please provide the text to be translated.

Popular Tokens

Please provide the text to be translated. According to Gate.io market data【9】, combined with the trading volume and price performance in the past 24 hours, the following popular altcoins are as follows: Please provide the text to be translated. Please provide the text to be translated. Please provide the text to be translated. Please provide the text to be translated. **INSN (INDUSTRY SONIC) - The single-day increase is about 47.71%, and the circulating market value is 1.42 billion US dollars. Industry Sonic is a project aimed at leasing virtual GPUs and providing more AI services. The platform facilitates the easy creation and monetization of AI agents in a plug-and-play manner, enhancing the integrity and availability of data in blockchain applications. Please provide the text to be translated. $INSN The main reason for the recent rise is the launch of Gate.io's Gate Startup event, which has attracted wide attention from the market and a large number of users, and has increased the market heat and liquidity of the token, further strengthening investor confidence. As an innovative project aimed at improving the efficiency of distributed application data flow, Industry Sonic provides continuous node health monitoring and regular performance optimization updates, highlighting its practicality and technological prospects. Please provide the text to be translated. ZEREBRO (Zerebro) - Up approximately 37.05% in a single day, with a circulating market value of $410 million. Zerebro is an artificial intelligence agent that can run autonomously, post on social media, perform blockchain operations, generate artwork, create music, and continually adapt past experiences.【11】 Please provide the text to be translated. $ZEREBRO The main reason for the recent rise can be attributed to the market narrative of AI Agent and its founder's indication on X that the project is being built and will be launched in early 2025, which has sparked market expectations. Zentients facilitates users to create and develop agents with intuitive UI/UX design, while driving token price increase by redirecting value to $ZEREBRO. Please provide the text to be translated. AGLD (Adventure Gold) - Daily increase of approximately 34.35%, with a market capitalization of 184 million US dollars. AGLD is a token focusing on the decentralized gaming field, combining NFT and community governance to create new paths for decentralized gaming and the Web3 ecosystem. It is both a complement to the Loot project and an important part of the Web3 community, with multiple potentials in governance and in-game economy. [12] Please provide the text to be translated. The recent rise of AGLD is mainly due to the popularity of NFT and decentralized gaming markets, especially as the native token of the Loot NFT project. Its value in community governance and in-game economy has been reassessed, and the market's expectations for game projects built on Loot have also increased investors' interest in AGLD. Please provide the text to be translated.

Highlight Data

Please provide the text to be translated. Stablecoin market cap hits new high, USDT continues to dominate the market The total market value of stablecoins has surpassed $200 billion, reaching a historic high with a growth rate of 0.46% in the past week. Looking at the annual trend, the stablecoin market has shown a steady and continuous growth, indicating a rising demand for stablecoins in the market. Currently, USDT dominates the market with a market share of 67.73%, highlighting its position as the core stablecoin in the market. Please provide the text to be translated. Stablecoins, as value-stable cryptographic assets, provide users with a safe haven tool in market fluctuations, while also providing important support for liquidity. With more institutions and users entering the cryptocurrency market, the application scenarios of stablecoins in payment, cross-border settlement, and DeFi protocols are expected to further expand, driving the continued growth of the market. Please provide the text to be translated. Please provide the text to be translated. Meme Coin market cap falls to $96.08 billion The overall market value of Meme coin has dropped from its peak of $137.06 billion on December 9th to the current $98.78 billion, a decrease of 38.8% in three weeks. This significant decline indicates a major shift in market sentiment towards Meme coin. The trading volume data also shows a decrease in market activity, with the trading volume on December 9th being $24.27 billion and the current trading volume only $6.72 billion, a decrease of 54.59%, reflecting a rapid cooling of investor interest. The Meme sector usually faces deeper adjustments when the market experiences significant pullbacks. Meme coin has high volatility, and its fluctuations are usually driven by sentiment and hot events. The recent adjustment may be due to changes in investor risk appetite, profit-taking, and uncertainty in the macro market environment. Please provide the text to be translated. Please provide the text to be translated. The TVL of the custodial token pool has exceeded $1.1 billion, and the ecological vitality continues to increase The total lock-up value of Managed Token Pools has exceeded 1.123 billion U.S. dollars. The liquidity pool tokens are granted to users who provide liquidity in the liquidity pool. These tokens act as receipts, allowing users to withdraw their pledged amount and interest. In the past 24 hours, the related transaction fees have reached 740,000 U.S. dollars, with revenue of 87,800 U.S. dollars. The growth of Managed Token Pools reflects the increasing demand of the DeFi market for decentralized financial tools, especially attracting more users and funds in supporting multi-chain and modular ecosystems. In addition, the performance of high transaction fees and revenue shows the increased user activity and the enhanced value creation ability of ecosystem applications. Please provide the text to be translated. Please provide the text to be translated.

Hotspot Comments

Please provide the text to be translated. IRS Taxation Rules on DeFi Spark Controversy, Cryptocurrency Industry Faces New Regulatory Challenges The Internal Revenue Service (IRS) of the United States has announced new tax regulations for decentralized finance platforms, requiring certain 'DeFi brokers' to report user transaction information in the manner of traditional securities brokers, including providing users' names and addresses, and submitting 1099 tax forms. This rule applies to 'front-end service providers' that interact directly with users, rather than the decentralized protocols themselves. The IRS believes that this rule will help narrow the tax gap and simplify tax compliance processes. However, the crypto industry strongly opposes this, arguing that the decentralized nature of DeFi makes it difficult to implement information collection and reporting mechanisms, while potentially infringing on user privacy. Despite industry experts and lobbying groups planning to take legal action and legislative approaches to stop this rule, the rule is planned to take effect in 2027. Please provide the text to be translated. The new regulations from the IRS reflect the government's trend of strengthening tax supervision of the encryption industry, but they may face significant obstacles in implementation. The decentralization and intermediary-free nature of DeFi make the definition and division of 'brokers' complex, and mandatory information collection may conflict with privacy protection principles. This rule may not only hinder innovation, but also force some projects into a gray area. In addition, the industry's strong resistance and potential legal and legislative challenges suggest that the road to implementing this rule may not be smooth. Please provide the text to be translated. Ethena teams up with Berachain to launch pre-deposit Vaults, opening up a new mode of ecological rewards Ethena Labs has launched the Berachain pre-deposit Vaults, supporting deposits of USDe, sUSDe, USDC, and USDT, with Concrete assisting in the launch of two Vaults. This plan allows users to retain their USD exposure while earning Berachain rewards and participating in its ecosystem development. After the launch of the Berachain mainnet, these Vaults will deploy liquidity to whitelist protocols within the Berachain ecosystem. In addition, USDe and sUSDe deposits will be eligible for multiple rewards, including Ethena rewards, Concrete points, BERA tokens, and other native ecosystem rewards. This mechanism provides users with the convenience of maintaining asset stability while participating in ecosystem growth. Please provide the text to be translated. The collaboration between Ethena and Berachain brings innovative liquidity management and incentive models to users. By supporting stablecoin deposits and providing multiple rewards, Vaults attracts users who value stable asset allocation while driving early expansion of the Berachain ecosystem. Please provide the text to be translated. Sophon mainnet starts the second phase of mining, optimizing the reward mechanism to promote ecosystem development Sophon, a modular blockchain based on ZKSync, announced the completion of the mining migration from Ethereum L1 to the Sophon mainnet, and the second phase of mining is now open. In the first phase of mining, SP points were allocated at a fixed rate, resulting in uneven profits. The second phase has improved the reward distribution mechanism, with SP rewards based on the dollar value of user deposits, ensuring fairness between different pools. In addition, liquidity providers can obtain 2x or 3x SP rewards through the LP token pool of SyncSwap. Moreover, there will be zero transaction fees for initial mining on the mainnet, further lowering the barrier for user participation. Users who did not participate in the first phase can also directly join the mining activities in the second phase. Please provide the text to be translated. In the second stage of the Sophon mainnet mining, a fairer reward distribution and zero transaction fee strategy provide users with a better participation experience, enhance their enthusiasm for participation, and promote early ecosystem expansion. Diverse incentive measures such as the LP pool reward multiplier mechanism help enhance liquidity and attract more participants, laying the foundation for future development. Please provide the text to be translated.

Financing Information

Please provide the text to be translated. According to RootData, on December 27, a total of 2 projects publicly announced funding, with a total funding amount of $8.5 million. The highest single financing amount reached $7 million, involving infrastructure, AI agents, and other fields. The specific financing details are as follows: [19] Please provide the text to be translated. Nodepay - Nodepay has completed a $7 million Series B financing round, with participation from IDG Capital and Mythos. Nodepay is a company dedicated to decentralized AI training and real-time data infrastructure. It builds real-time data pipelines using the idle internet bandwidth of global users for AI model training and inference.【20】 Please provide the text to be translated. Sentient AI —— Sentient AI completed a $1.5 million financing, and the investor has not been disclosed. Sentient AI is a company that focuses on developing advanced artificial intelligence agents with human-like thinking and emotions. Its core product is an AI agent that combines high IQ and high EQ, providing services as a chatbot and personal assistant. It also generates creative life solutions for users through excellent critical thinking and empathy, redefining human-computer interaction in the digital age.【21】 Please provide the text to be translated.

Airdrop Opportunity

Please provide the text to be translated. Sentient AI —— Sentient AI is an AI agent with human-like thinking and emotions, providing services to individuals and businesses as both an intelligent chat assistant and personal assistant. With its exceptional empathy and critical thinking, it can creatively solve problems in life and respond to external needs with empathy and creativity. What sets SETAI apart is its ability to establish a healthy human-machine relationship, diagnose user problems, and provide suggestions, while achieving highly automated and near-zero-error efficient operations in business scenarios, such as applications in healthcare, mathematics, sales, and other fields.【22】 Please provide the text to be translated. $SETAI is the core payment tool within the SETAI ecosystem, which can be used to pay for the subscription fees of SETAI Agents services. In addition, $SETAI supports staking, and token holders can earn rewards through staking, such as additional tokens or platform privileges. At the same time, $SETAI tokens give holders the right to participate in platform governance. Holders can vote on key proposals, including feature development, partnership relationships, and token economy adjustments. Sentient AI airdrops reward early users with SETAI tokens by completing specific tasks and participating in platform activities. Rewards are based on user engagement, including daily logins, social interactions, and community activity. Users accumulate SETAI points through various activities, which may be converted into tokens when the project officially launches its token. Please provide the text to be translated. Participation Method: Please provide the text to be translated.

  1. Start the Sentient AI Telegram Bot.
  2. Claim rewards based on activity and Telegram account age.
  3. Complete the task on X.
  4. Use the referral link to earn extra rewards. Please provide the text to be translated. Reminder: The airdrop plan and participation method may be updated at any time. It is recommended that users follow Sentiment AI's official channels to get the latest information. At the same time, users should participate with caution, pay attention to risks, and conduct sufficient research before participating. Gate.io does not guarantee the subsequent airdrop rewards distribution.

Reference: Please provide the text to be translated.

  1. Gate.io, https://www.gate.io/zh/price
  2. Gate.io, https://www.gate.io/trade/BTC_USDT
  3. Gate.io, https://www.gate.io/trade/ETH_USDT
  4. SoSoValue, https://sosovalue.xyz/assets/etf/us-eth-spot
  5. CoinGecko, https://www.coingecko.com/en/categories
  6. Investing, https://investing.com/indices/usa-indices
  7. Investing, https://investing.com/currencies/xau-usd
  8. Gate.io, https://www.gate.io/bigdata/homeindex
  9. Gate.io, https://www.gate.io/price
  10. X, https://x.com/gate_io/status/1872658724348707246
  11. X,https://x.com/jyu_eth/status/1873462146249752915
  12. X, https://x.com/lootproject
  13. DeFiLlama, https://defillama.com/stablecoins
  14. Coinmarketcap,https://coinmarketcap.com/view/memes/
  15. DeFiLlama,https://defillama.com/protocols/managed-token-pools
  16. TheBlock, https://www.theblock.co/post/332496/us-irs-finalizes-controversial-tax-rule-requiring-defi-brokers-to-collect-user-trading-information
  17. X,https://x.com/ethena_labs/status/1873140405375779000
  18. X, https://x.com/sophon/status/1873172127874245060
  19. Rootdata, https://www.rootdata.com/Fundraising
  20. Chainwire, https://chainwire.org/2024/12/27/nodepay-raises-7m-total-funding-to-power-ai-growth-with-real-time-data-infrastructure/
  21. Decrypt,https://decrypt.co/299080/sentient-ai-secures-1-5m-raise-prepares-ai-agent-launchpad-on-sui
  22. Sentiment AI,https://aisentient.net/ Please provide the text to be translated.

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Last edited on 2025-01-02 08:59:54
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