Web3 AI Daily Review (2024/12/30)

2025-01-02 16:16:49

Collection

Famous journalist Nick Timiraos pointed out in The Wall Street Journal that the Federal Reserve is reassessing the potential impact of the Trump administration on the U.S. economy and inflation. Sources revealed that Fed Chairman Powell expressed dissatisfaction with some officials' public comments, believing they too directly linked the Fed's policies to changes in Trump's policies. Currently, the market generally expects the Fed's future rate cuts to be slower and more cautious.

I. Attention Value - Market Highlights

1. Market Conditions

(1) Macroeconomic Environment:
l The Federal Reserve reassesses the impact of Trump's new government on the economy and inflation, increasing uncertainty about interest rate cuts
Renowned journalist Nick Timiraos pointed out in The Wall Street Journal that the Federal Reserve is reevaluating the potential impact of Trump's new government on the U.S. economy and inflation. Insiders revealed that Fed Chairman Powell expressed dissatisfaction with some officials' public comments, believing they too directly linked Fed policy to Trump's policy changes. Currently, the market generally expects the Fed's future rate cuts to be slower and more cautious. Analysts noted that the outlook for Fed rate cuts in 2025 is filled with uncertainty, and investors need to brace for potential economic turbulence brought by the Trump administration. According to CME data, in January next year, the probability of the Fed maintaining interest rates is 87.2%, while the probability of a 25 basis point cut is 12.8%. By March next year, the probability of maintaining the current rate is 50.6%, the probability of a 25 basis point cut is 44.1%, and the probability of a 50 basis point cut is 5.4%.
(2) Web3 Sector:
l Bitcoin falls below $95,000 again, market sentiment is low and capital outflows are intensifying
The crypto market continues to experience volatility, with Bitcoin starting a new round of decline last night, hitting a low of $93,000, marking a new low in nearly a week. According to Coinglass data, the funding rates on major centralized exchanges (CEX) and decentralized exchanges (DEX) indicate a generally bearish market sentiment. Meanwhile, Bitcoin spot ETFs saw a net outflow of $287 million on Friday, with a cumulative net outflow of $376 million last week. During the market adjustment, tokens on CEX platforms performed relatively well, while the hype around AI Agents continues, with significant capital inflows.

2. Hot Events

(1) Macroeconomic Environment:
l a16z Crypto opposes new regulations from the U.S. Treasury, claiming it threatens the future of DeFi innovation
Michele Korver, head of regulatory affairs at a16z Crypto, expressed the company's confidence in DeFi on social media, believing that DeFi will make financial services and the digital economy more convenient, efficient, interoperable, reliable, and consumer-centric. However, Korver pointed out that the new broker-dealer reporting rules recently issued by the U.S. Treasury pose a direct threat to this vision and could hinder the future of DeFi innovation in the U.S. a16z Crypto supports the lawsuit filed by the Blockchain Association, DeFi Education Fund, and the Texas Blockchain Council, arguing that the IRS and Treasury have exceeded their statutory authority, violated the Administrative Procedure Act (APA), and may be unconstitutional. Korver emphasized that a16z will continue to fight for the future of DeFi in court, Congress, and with the support of the new administration.
(2) Web3 Sector:
l Malaysia's Securities Commission takes action: Bybit ordered to cease operations for not being registered
Malaysia's Securities Commission has taken strict enforcement action against the cryptocurrency trading platform Bybit and its CEO for operating crypto asset trading without proper registration. The regulator stated in a press release on Friday that Bybit must immediately cease operations of its website, mobile app, and other digital platforms in Malaysia and is required to rectify the situation within 14 working days starting December 11. Additionally, Bybit has been ordered to terminate all advertising activities directed at Malaysian investors and to close the Telegram group providing support to local users.
The regulator stated that this decision is based on concerns about whether the platform complies with local regulatory requirements and protects investors' rights. According to Section 7(1) of the Capital Markets and Services Act 2007, operating a digital asset trading platform (DAX) without being registered as a recognized market operator (RMO) by the Securities Commission is illegal. As early as July 2021, Bybit and its CEO were placed on the Securities Commission's investor warning list for similar violations.

3. Hot Narratives

l AI agent market rises against the trend, ai16z's market cap reaches an all-time high
AI agents have once again attracted widespread attention. According to SoSoValue data, despite the overall pullback in the crypto market, the AI agent sector has risen against the trend, with a 24-hour increase of 1.54%. ai16z recently released a tokenomics update proposal, focusing on innovations in the Eliza framework during the Launchpad phase in Q1 2025, through the acquisition of mature technologies and teams, and achieving multi-chain integration to enhance value capture mechanisms such as launch fees and staking. The second phase focuses on ecological growth and incentive synergy, aiming to increase the value of multiple products, strengthen the connections between ai16z tokens, and incentivize developers through buybacks and ecological funds. Subsequently, ai16z's market cap soared to $1.5 billion, setting a new historical high, reflecting the market's recognition of the potential of AI agents.

II. Attention Value - Hot Projects

1. Project Introduction
l $SLINKY | ZK | @Slinky_Sol
- Narrative: The largest airdrop on SOL, representing a breakthrough in Solana token technology.
- After the $SLINKY token was launched yesterday, its market cap exceeded $10 million within half an hour, then retraced to $7 million, currently reported at $11 million.
- 10% of the total supply was allocated to wallets holding more than 0.006 SOL during the snapshot on August 30, totaling 27,775,857 wallets, utilizing ZK Compression to achieve true large-scale distribution. Traditional airdrop methods require 55,550 SOL as a handling fee, while using Slinky's technology only requires 22.2 SOL.