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每日数字货币动态汇总(2024-12-02)

Daily digital currency dynamics summary (2024-12-02)

Golden10 Data ·  10:45

1. Economic Daily: The price of bitcoin rises as risks increase.

The article states that recently, the price of bitcoin has been rising continuously, reaching 0.099 million US dollars per unit at one point, setting a new historical record. Yu Jianing, co-chair of the Blockchain Special Committee of the China Communication Industry Association and honorary chairman of the Hong Kong Blockchain Association, stated that in the short term, bitcoin may look for new resistance or support in volatility, while in the medium to long term, its price direction will depend on multiple factors such as global liquidity, economic outlook, and regulatory attitude. Yu Jianing analyzed that due to the fragmentation of crypto asset funds, the market is susceptible to manipulation by large amounts of capital, leading to behaviors like 'crashing' or 'lifting' the market, which in turn causes irrational operations by retail investors. The article mentions that regulatory authorities in our country have always been clear in their stance, identifying that activities related to cryptos are considered illegal financial activities, maintaining strict regulation on cryptos from various aspects, including cracking down on bitcoin mining and cutting off the funding chain for crypto speculation. 'Overall, as the popularity of bitcoin and the crypto market increases, new risks and uncertainties are also on the rise. Investors should respond to the current market with a rational and prudent attitude, closely monitor regulatory dynamics and market changes, and avoid blindly following trends,' warned Zhao Wei, a senior researcher at the OKX Research Institute.

2. Michael Saylor claims he can persuade Buffett to buy bitcoin through Berkshire Hathaway.

Michael Saylor stated that Berkshire Hathaway's $325 billion cash reserve loses $32 billion each year and claimed he could persuade Warren Buffett to accept bitcoin.

3. Bitcoin's yield trend after halving: Significant increases in December 2012, 2016, and 2020; performance in September 2024 reaches a historic high.

Data shows that after bitcoin halved in 2012, 2016, and 2020, December saw significant increases. In December 2012, it rose from $12.57 to $13.45, with a roi of 7%. In December 2016, the roi was 30.8%, and in December 2020, the roi was 46.92%. The return this month is still worth looking forward to. Notably, bitcoin's closing increase of 7.35% this September marked its best performance in history, and historically, every time bitcoin closed up in September, it has been able to rise until the end of the year.

4. The Wall Street Journal: If Trump returns to the White House, the USA SEC may ease legal actions against crypto exchanges.

Bitcoin.com News stated on the X platform that an article from The Wall Street Journal pointed out that if Donald Trump returns to the White House, the USA Securities and Exchange Commission may ease legal actions against cryptocurrency exchanges.

The long-term holders of bitcoin have a relative unrealized profit margin of 0.74, which is lower than previous highs.

According to data from Rafael, co-founder of glassnode, the relative unrealized profit margin for long-term bitcoin holders is currently 0.74, significantly lower than the overheated levels observed in previous cycles. This suggests there is still room for increase in the current market, and market participants are closely monitoring whether this indicator will break through the level of 0.9 and higher.

In November, the new registrations for Ethereum's domain service ENS were less than 0.01 million, creating a new low for monthly registrations this year.

Data from Dune shows that the new domain registrations for Ethereum's ENS in November were less than 0.01 million, totaling only 8,664, setting a new low for monthly registrations this year. Additionally, the total number of active domains currently stands at 1,811,983, with 875,047 unique participating user addresses and a names set of 899,849.

In November, sales of on-chain NFTs for bitcoin surpassed 0.185 billion U.S. dollars, setting a new high since June of this year.

According to data from CryptoSlam, sales of on-chain NFTs for bitcoin exceeded 0.185 billion U.S. dollars in November, reaching 185,311,772.98 dollars, setting a record high since June of this year. Additionally, last month, the transaction volume of on-chain NFTs for bitcoin reached 219,727, with approximately 68,189 unique buyer addresses and around 44,634 unique seller addresses.

Industry insiders indicate that BTC has become a mainstream investment tool, but if the new leadership of the SEC in the USA takes a conservative stance, it may lead to a decline in market confidence.

Fu Rao, executive director of the Hong Kong International New Economy Research Institute, pointed out that bitcoin, as an important component of the digital economy, has gradually transformed from a speculative asset to a mainstream investment tool. Despite a favorable long-term trend, short-term market sentiment and speculative capital flows may lead to price corrections, and investors should be wary of the market risks arising from overly optimistic sentiments. The friendly policies of the Trump administration towards the cryptos industry will continue to provide strong support for bitcoin. However, it is important to be cautious, as the specific implementation process of the policies may carry uncertainties. For example, if the new leadership of the SEC holds a conservative view on bitcoin, it may lead to a decline in market confidence.

9. XRP's market cap surpasses USDT and Solana, ranking third among cryptos.

XRP's market cap breaks through 130 billion dollars, continuing to set new highs, currently reported at 137 billion dollars, placing it third in the crypto market cap, while USDT currently has a market cap of 134.2 billion dollars, ranking fourth, and Solana's current market cap is 111.9 billion dollars, ranking fifth. XRP is currently reported at 2.41 dollars, with a 24-hour increase of 28.5%.

10. Basel data: In 2023, the client crypto exposure of banks in the usa is about 201 billion dollars.

The Basel Committee on Banking Supervision released the monitoring statistics of the Basel III framework for December 2023, which includes exposure to crypto assets. Although the release of this data came late (before the launch of the bitcoin etf in the usa), it already shows significant growth in the scale of crypto services provided to clients by banks in the usa, indicating that the client crypto exposure of banks in the usa is approximately 201 billion dollars in 2023.

11. In November, the usa spot bitcoin etf purchased approximately 71,570 BTC, while the mining output during the same period was only about 13,500 BTC.

According to data disclosed by Cointelegraph on platform X, in November, the usa spot bitcoin etf purchased approximately 71,570 BTC, while the mining output during the same period was only about 13,500 BTC.

12. South Korea postpones the implementation of the cryptocurrency capital gains tax to 2027, with the ruling party suggesting an extension to 2028.

At a press conference on December 1, the leader of the largest opposition party in South Korea, Park Chan-dae of the Democratic Party of Korea, announced the abandonment of plans to implement a cryptocurrency capital gains tax in 2025, agreeing to postpone it for another two years until 2027. The proposal to 'postpone the cryptocurrency capital gains tax' was put forward by the South Korean government and the ruling party, the People Power Party. The Democratic Party previously stated that the postponement is a political ploy by the ruling party. Initially, South Korea planned to impose a 20% tax on cryptocurrency gains (22% for local tax), which was set to take effect on January 1, 2022. Due to strong opposition from investors and the industry, this plan has been postponed twice until January 1, 2025. Following today's press conference, the tax collection has been postponed again until 2027. The ruling party, the People Power Party, also proposed that 'a two-year grace period for the crypto capital gains tax is still insufficient and should be extended to 2028, as rapid taxation on crypto is undesirable and may drive investors out of the market. The People Power Party hopes to delay the implementation until 2028 to fulfill commitments made during the election period.'

The translation is provided by third-party software.


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