1. Attention Value-Market Key Points
1. Market conditions
(1) Macro environment:
Hester Peirce's crypto regulatory proposal: a new direction to drive industry development
On December 10, in an interview with FOX Business reporter Eleanor Terrett, SEC Commissioner Hester Peirce made three recommendations for the new SEC under the Trump administration to deal with crypto regulation. First, she suggested stopping the government's regulatory bottleneck on cryptocurrency access services to promote industry development. Second, Peirce emphasized the need to clarify which matters are not under the jurisdiction of the SEC and which are not securities, thereby reducing the regulatory burden on related entities. Finally, she called for cooperation with entities involved in cryptocurrencies to jointly explore the applicability of existing rules and necessary adjustments, and believed that this process should be conducted in front of the public to allow for broad participation and rapid consensus.
Peirce's proposal aims to create a more flexible and transparent regulatory environment, which may have a positive impact on the cryptocurrency industry. By removing regulatory barriers, industry participants will be able to more easily obtain necessary services, while clarifying which matters are not regulated by the SEC will help reduce compliance costs. In addition, working with the industry to explore the applicability of rules can ensure that regulatory policies are consistent with market realities, thereby enhancing market confidence.
(2) Web3 field:
l Altcoins plunge: more than 570,000 people were liquidated and market panic intensified
On December 10, the price of Bitcoin fell to $94,000, causing extreme volatility in altcoins. Ethereum hit a low of $3,509, a 24-hour drop of 7.15%; SOL hit a low of $203, a drop of 7.35%; SAGA fell by 24%; 1INCH fell by 23.6%; HMSTR fell by 23%; NOT hit a low of $0.00615, a drop of 22.48%. According to Coinglass data, 572,395 people were liquidated in the past 24 hours, a number far exceeding the "312 Crash" event. After the crash, the contract funding rates of mainstream centralized exchanges generally fell back to normal levels, and the funding rates of most altcoin contracts have fallen below 0.005%, entering a "general bearish" state. Some altcoin contracts even have negative rates on individual exchanges.
2. Hot events
(1) Macro environment:
Nubit responds to CZ: Bitcoin payment surpasses traditional finance and moves towards a new era of "world computer"
On December 10, Nubit responded to CZ's view that "Bitcoin payments are better than traditional finance", pointing out that Bitcoin's intermediary-free, trustless settlement method has surpassed traditional finance (TradFi), but this is just a starting point. Through BitVM, Bitcoin will break through the limitations of "payment" and move towards a true "world computer". Previously, CZ responded to "Amazon shareholders propose to explore Bitcoin financial strategies" on the X platform and said: "Simple question, accept Bitcoin payments?" In response to users questioning that "Bitcoin is not a good means of payment", CZ responded: "It is true. I paid $17.08 with Bitcoin yesterday, but had to wait 15 minutes for confirmation. However, this is still better than traditional finance. I didn't need to call anyone to fix it, and it was settled 15 minutes later. Encryption, I agree."
(2) Web3 field:
Ethereum developer Max Resnick joins Solana R&D company Anza
Ethereum developer Max Resnick announced on December 9 that he had moved to Anza, the core development company of Solana. Resnick said on social media that he plans to focus on writing technical specifications for the Solana protocol in the first 100 days of Anza, with a special focus on the two areas of fee market and consensus implementation in order to have the greatest impact. At the same time, he will continue to work with the Consensys team as an advisor. Resnick, who served as director of research at Consensys' Special Mechanisms Group, is known for his criticism of Ethereum's expansion strategy. He believes that some ideas around Layer 2 are wrong and advocates that Ethereum should focus on expanding the base layer. Resnick's shift is seen by industry insiders as helping to promote technical exchanges between Ethereum and Solana, and may bring more attention to Solana's technology roadmap.
3. Hot topic narrative
TikTok concept currency surges against the trend and triggers heated discussion
In the early morning, TikTok concept coins exploded in growth, in stark contrast to the overall market decline. $Luigi is based on the background of social news. A 26-year-old man, Luigi Mangione, was arrested at a McDonald's in Altoona, Pennsylvania. He was in the spotlight for allegedly assassinating Brian Thompson, CEO of UnitedHealthcare. Mangione comes from a wealthy family and has a degree in computer science from the University of Pennsylvania. Netizens believe that this incident involves deeper social issues such as economic inequality, educational background, and mental health, which has aroused heated discussions, especially on TikTok. The market value of Luigi tokens reached a maximum of US$63.8 million, an increase of nearly 494 times. Although there has been a pullback at present, the market heat is still high.
Another outstanding token is $APPLE, which is derived from a dog who loves to eat apples and became popular on TikTok, with related videos viewed more than 170 million times. Since its launch on December 4, the market value of the APPLE token has soared to $48.64 million and has experienced a correction. Well-known investor Marc Andreessen also called the dog a "good boy" on social media, further increasing the popularity of the APPLE token.
2. Attention Value-Hot Projects
1. Project Introduction
l $venti | AI Agent | @Venti @vmfunc
- Created by Open AI developers.
- The first AI integrated with 4chan, allowing artificial intelligence to learn by exploring itself on the anonymous website 4chan.
- At the core is a personality engine architecture that maintains persistent character traits while allowing them to evolve naturally through interaction with the user.
3. Attention Value-Sector Rotation
1. Hot topics
Source: Dune, Dot Labs
Source: Dune, Dot Labs
2. Inside the plate
Source: Dune, Dot Labs
