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Bitcoin is in no mood for a comprehensive BTC price recovery as the week gets underway.
Railgun token (RAIL) gained over 140% in the past 24 hours after an X.com post from Vitalik Buterin showed his support for its privacy pools protocol.Railgun is a privacy protocol that enables private smart contract and DeFi transactions.
Not a single public miner has outperformed bitcoin year-to-date in the run-up to the network’s latest halving event this week. However, CEOs at leading Bitcoin miners remain upbeat amid market share consolidation and new application opportunities, according to analysts at Bernstein.
Crypto investment products returned to net outflows last week, with $126 million exiting funds globally, according to CoinShares.These represent the first weekly outflows since the record $1 billion worth of outflows registered in the week ending March 22.
The partnership between Stepn and Adidas will begin with an NFT collection. Physical merchandise is also planned, according Stepn.
- 04:39The total open positions for BTC options across the network are 25.08 billion USD, and for ETH options are 6.37 billion USDCoinglass data shows that the nominal value of all outstanding BTC options positions today is $25.08 billion; The nominal value of ETH options open positions is $6.37 billion, a sharp drop from two days ago.
- 04:38Gavin Wood：2023/2024年是Polkadot分水岭，2025年将推出Proof-of-Personhood机制According to the PolkaWorld's Polkadot weekly report, Gavin Wood recently released a summary for 2024, believing that 2023/2024 is a watershed for Polkadot, with its core objectives undergoing significant changes. It has shifted from focusing on achieving limited product goals in the white paper to optimizing, improving stability and refining products to better meet market demands. Technically, many major advancements were proposed and implemented in 2024; ecologically speaking, projects represented by Mythical Game are pushing Polkadot's performance to its limits; moreover, Gavin also proposed JAM in 2024 to further realize his Web3 vision. In short, 2025 is worth looking forward to. Additionally, Gavin introduced Proof-of-Personhood mechanism which will be launched gradually in 2025 aiming at becoming an antidote against generative AI posing threats towards the free world. This mechanism algorithmizes the concept of "personality", combines ZK technology protection privacy and provides trustworthy identity solutions for both Web3 and Web2.
- 04:35Overview of Important Developments on December 29th at Noon7:00-12:00 Keywords: Sophon, Ethena, MIRA 1. Sophon completed mining migration and opened mainnet mining; 2. Ethena's Berachain incentive pre-deposit vault is now online; 3. MIRA's largest holder announced a slowdown in sales and locked about 1/3 of holdings; 4. A dormant address containing 357 BTC was activated after 11.0 years, equivalent to approximately $34 million; 5. CryptoQuant founder: Trump's Bitcoin policy depends on the economic status of the United States; 6. U.S. spot Bitcoin ETFs bought 511,314 Bitcoins this year, currently holding 1.13 million; 7. Galaxy Digital's head of research: If the IRS ultimately classifies DeFi front-ends as brokers, the industry will face three choices.
