Daily Report | Japanese government states that the volatility of crypto assets is inconsistent with the current foreign exchange system; Binance Alpha announces the 7th batch of project tokens; Hashgraph Group to launch a $100 million Web3 fund
Organizer: Fairy, ChainCatcher
Important News:
- Hashgraph Group obtains fund management license in Abu Dhabi, will launch a $100 million Web3 fund
- Binance Alpha announces the 7th batch of project tokens
- WeBank applies for blockchain node consensus-related patents to improve the efficiency of blockchain system node consensus
- Vitalik donates 10 million Thai Baht to Khao Kheow Zoo in Thailand, will develop a dedicated exhibition area for Moo Deng
- Japanese government responds to Bitcoin reserve inquiry: The volatility of crypto assets is inconsistent with the current foreign exchange system
- Binance supports Thailand's Bitcoin payment pilot proposal
"What important events have occurred in the past 24 hours"
Binance Alpha announces the 7th batch of project tokens
According to official news, Binance Alpha announced the 7th batch of project tokens, including EVAN, BITCOIN, VISTA, AVAAI, AITECH.
WeBank applies for blockchain node consensus-related patents to improve the efficiency of blockchain system node consensus
According to Financial界, WeBank has applied for blockchain node consensus-related patents aimed at improving the efficiency of node consensus in blockchain systems. The patent is titled "Node Consensus Method, Device, Equipment, and Medium in Blockchain Systems," with publication number CN 119172383 A, and the application date is September 2024.
The patent summary shows that each node locally stores the corresponding node transaction chain list, and any batch package in a node's transaction chain list is packaged based on voting information meeting preset requirements. Thus, the consensus master node only needs to determine the last batch package that meets the requirements, significantly improving packaging efficiency without needing consensus on each transaction, thereby optimizing the node consensus process.
CryptoQuant CEO: Whales are accumulating Bitcoin through privacy transactions, with about 240,000 to 420,000 BTC accumulators' identities unknown
CryptoQuant CEO Ki Young Ju stated, "Whales are accumulating Bitcoin through privacy transactions. Over the past two years, the annual number of CoinJoin transactions has tripled. Although some attribute this surge to hackers laundering money, Chainalysis reports that this year's total hacker losses amount to $2.2 billion, accounting for less than 0.5% of Bitcoin's $377 billion market cap inflow.
In 2024, 1.55 million BTC flowed into accumulation addresses, mainly related to ETFs, MicroStrategy, and custodial wallets. Whales often transfer funds to emerging institutional investors through privacy transactions. Besides disclosed holdings, the identities of about 240,000 to 420,000 BTC accumulators remain unclear. Who are these whales?"
Vitalik donates 10 million Thai Baht to Khao Kheow Zoo in Thailand, will develop a dedicated exhibition area for Moo Deng
Thailand's Khao Kheow Open Zoo posted on X that Vitalik Buterin donated funds to support the zoo's operations, wildlife funding programs, and to develop a dedicated exhibition area for Moo Deng and its family.
The donation will be made in two installments, each of 5,000,000 Thai Baht, totaling 10 million Thai Baht. The first donation will be completed on December 26, 2024. The date of the second donation and any additional donation amounts will be announced later, but not later than December 26, 2025.
Vitalik expressed hope that this donation would strengthen friendship with Thailand and contribute to the local community.
According to gmgn.ai data, the current price of MOODENG is $0.00021, with a 24h increase of 68.6%.
Japanese government responds to Bitcoin reserve inquiry: The volatility of crypto assets is inconsistent with the current foreign exchange system
According to Coinpost, the Japanese government formally responded to Senate member Hamada Satoshi's inquiry about "the promotion of Bitcoin reserves by countries like the United States." Hamada had previously suggested on December 11 that "Japan should follow the lead of the United States and consider converting part of its foreign exchange reserves into Bitcoin and other crypto assets."
In response, the Japanese government stated that it has not yet fully grasped the relevant movements of countries like the United States and believes that discussions in other countries about introducing Bitcoin reserves are still ongoing, making it "difficult for the government to take a specific position." According to the legal framework of special accounting operations, "crypto assets do not fall under foreign exchange," and the current foreign exchange reserves aim to maintain the stability of foreign currency assets and foreign currency bond markets.
The response emphasized multiple times that special accounting operations will prioritize ensuring the safety and liquidity of foreign exchange reserves, implying that the volatility of Bitcoin and other crypto assets is inconsistent with the current system.
Binance supports Thailand's Bitcoin payment pilot proposal
Thailand is considering a Bitcoin pilot project proposed by former Prime Minister Thaksin Shinawatra, which will be tested in Phuket as a tourism-focused sandbox.
This proposal has the support of Binance Thailand's CEO, who believes it is a positive step for the country's competitiveness and ability to attract tourists. However, despite efforts by industry advocates and some political supporters to transform Thailand into a digital hub, the Bank of Thailand still prohibits crypto payments.
Hashgraph Group obtains fund management license in Abu Dhabi, will launch a $100 million Web3 fund
Switzerland-based Hashgraph Group has obtained a fund management license from the Abu Dhabi Global Market (ADGM). The license granted to Hashgraph Ventures Manager allows it to launch a $100 million Web3 venture capital fund from the Abu Dhabi Global Market (ADGM).
Hashgraph Group will contribute $20 million, which is 20% of the fund, as seed capital. The fund will focus on investing in startups and established companies within the Hedera ecosystem. Hashgraph Group co-founder and CEO Stefan Deiss stated that the fund has received broad support and attention from co-investors, including government agencies, sovereign wealth funds, venture capital funds, family offices, and other qualified investors; the group will focus on investing in companies utilizing the Hedera network and promoting collaboration among Web3 companies.
The fund will prioritize strategic investments in Web3 and deep tech sectors (developing AI, blockchain, robotics, and quantum computing solutions). Eligible projects will have the opportunity to participate in the Hashgraph Association's startup studio program.
"What are the exciting articles worth reading in the past 24 hours"
2024 Crypto Spot ETF Overview: 1 Year, $40 Billion
2024 is a historic year for the cryptocurrency market. Over the past decade, the U.S. Securities and Exchange Commission has rejected at least 30 applications for Bitcoin spot ETFs, but on January 11, 2024, a historic turning point was reached. The U.S. Bitcoin spot ETF was officially approved for listing, achieving astonishing trading volume and net inflow. Subsequently, several countries, including Hong Kong and Australia, also launched Bitcoin spot ETFs, further promoting the legalization of global crypto assets.
2024 is the year when crypto assets truly shift towards mainstream assets. According to the latest 13-F filings, all types of institutions are currently holders of crypto ETFs, including endowment funds, pension funds, hedge funds, investment advisors, and family offices. In this wave of crypto asset mainstreaming, other digital assets like Solana and XRP are also gradually coming into the public eye, further laying the groundwork for development in 2025.
This article will review the key milestones of the crypto spot ETF in 2024, analyze the market performance of crypto ETFs over the past year, and look forward to the development prospects of crypto ETFs in 2025.
2024 Crypto Venture Capital AI Layout Analysis: Which projects have top VCs like a16z, Binance, Coinbase invested in? | Annual Review
In the past two months, the explosion of Agentfi has once again demonstrated the enormous potential of the "AI + Crypto" (also known as crypto AI) fusion. In the recently released 2025 crypto industry trend forecast, industry-renowned institutions such as a16z partners, Messari, and Blockworks co-founders all mentioned that the combination of "AI and crypto" will be a mainstream focus in the crypto market in 2025, with the intersection of crypto technology and AI expected to achieve breakthrough progress, driving the rise of numerous AI projects in tokens.
Looking back at 2024, the crypto AI market has seen unprecedented investment activity, with major investment institutions flocking in and investment amounts skyrocketing. In this field, top venture capital firms in the crypto industry, such as Grayscale, Coinbase Ventures, Binance Labs, and a16z, have actively engaged in "Crypto + AI" projects.
In particular, institutions like Delphi Venture, CoinFund, Coinbase Ventures, Binance Labs, and a16z have not only called for investments but have also taken action through multiple investments, demonstrating their strong optimism for the crypto AI field.
On December 24, Messari's "2025 Crypto Outlook Report" indicated that crypto AI is the most eye-catching emerging investment theme of 2024, with total financing in this field achieving approximately 100% year-on-year growth, and financing rounds also significantly increasing by 138%. This article will systematically outline the layouts of top crypto VCs in the Crypto + AI field in 2024, as well as the fundamental situations of the specific projects they invested in.
Famous trader 0xKyle shares 2025 crypto investment strategy
Predicting the future is difficult, but as traders and investors, we should have a plan. Like all other plans, this one will also change as the underlying scenarios evolve—the market is constantly evolving. This plan is based solely on my predictions for market developments over the next year; it provides insights into my thoughts for 2025 but should not be interpreted as financial advice.
Let me first review my 2024 plan (Odaily note: Since this part mainly consists of Kyle's personal operation review, this article chooses to pass on it directly).
Let's get straight to the point. As usual, I will first discuss macro expectations/scenario assumptions, then turn to thematic narratives.
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN market data, as of December 26, 19:50:
The top five popular Ethereum tokens in the past 24h are: RAI, MYSTERY, MOODENG, PEPU, DNA
The top five popular Solana tokens in the past 24h are: SQUIDGAME, GUZUTA, SHIKOKU, MIRA, WILLY
The top five popular Base tokens in the past 24h are: VIRTUAL, BOINK, SentaKlaws, RUGS, SKICAT