Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Important developments on December 30: The United States introduces a bill to strengthen regulation of DeFi brokers

Important developments on December 30: The United States introduces a bill to strengthen regulation of DeFi brokers

Bitget2024/12/30 01:56

I. Market Dynamics:

1. Bitcoin continues to fall, and altcoins are generally declining. There are rumors in the market that BlackRock is selling its Bitcoin ETFs, executing high-level sell-offs and low-level purchases. The exchange rate between Solana and Ethereum has reversed, with liquidity returning from exchanges to the blockchain.

2. U.S stocks have fallen sharply, with rising U.S bond yields putting pressure on them.


II. Market Focus:

1. The AI sector is surging strongly, including significant growth in AI16Z, Arc, Zerebro of Solana chain; Virtual, AIXBT, Luna of Base chain; Vapor of Hype chain etc.. AI16Z released a new white paper and formed a duopoly competition pattern similar to Android and Apple with Virtual. Arc's recent developer activities are frequent; Rust language has stronger potential in the AI platform.Vapor is an AI launch platform on the Hype chain which quadrupled within one day after cooperating with Eliza and being recommended by AIXBT.However,Sun's exit from the market indicates that current artificial intelligence agent market is overheated,and it may reach peak stage in next few weeks.

2.Meme series cryptocurrencies SPX,Giga,and Would continue to rise.SPX and Giga are Murad's main stocks.After several months of adjustment they reached new highs again.Would as Musk concept Meme surged 200 times within three months reaching a market value of $300 million.

3.Chain dog Tsotchke rose sharply,U.S stocks began speculating quantum computing field,the blockchain also started paying attention to quantum computing related project Desci.

4.The DeFi sector overall declined.Recently,the United States introduced stricter regulatory DeFi broker bill requiring DeFi users must perform KYC(Know Your Customer)and pay taxes.It expected earliest implementation will be in 2027.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!