Golden Finance launches the 2543rd issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

El Salvador has reached an agreement with the International Monetary Fund (IMF) after four years of negotiations strained by the country’s acceptance of Bitcoin as legal tender. According to an IMF statement, the two sides agreed on a $1.4 billion loan program to be disbursed over 40 months. In exchange, El Salvador agreed to take steps to improve its primary balance of payments and help reduce its debt-to-GDP ratio. The IMF praised the government’s efforts to improve its fiscal position, grow the economy, reduce inflation, and manage short-term debt. In 2021, President Nayib Bukele’s acceptance of Bitcoin led to a rift between the government and the IMF, triggering a credit rating downgrade, investor panic, and a plunge in bond prices. Although the agreement still needs approval from the IMF’s executive board, it will resolve issues that have long troubled investors in El Salvador’s bond market. The agreement also notes that Bukele’s government has made concessions on digital assets, which was previously a major sticking point. Legal reforms will allow the private sector to voluntarily accept cryptocurrencies. The IMF said the risks of El Salvador’s Bitcoin project will be “significantly reduced in accordance with IMF policies.” Additionally, the government’s involvement in Chivo, a local crypto wallet that has been fraught with technical difficulties, will be “phased out.” The government launched Chivo in September 2021 with the promise of giving away $30 worth of bitcoin for free to users who signed up. At the time, that amount was equivalent to a day’s wage, and it attracted more than 3 million sign-ups. But long-term use and adoption have struggled: the country’s central bank said in 2022 that less than 2% of remittances since its launch had been sent using digital wallets. Bukele has recently managed to turn things around by buying back dollar bonds at a discount, repaying others early, restructuring pension debt, and refinancing some domestic securities. The price of bonds due in 2052 has jumped to around 106 cents on the dollar from 30 cents in mid-2022, giving bond investors one of the best returns in the developing world. (Bloomberg) Previously, the Financial Times reported, citing anonymous sources, that El Salvador plans to relax the requirement for local businesses to accept Bitcoin in order to obtain more than $3 billion in loans. Sources said that by shifting to a policy that allows businesses to voluntarily accept Bitcoin, El Salvador could reach a loan agreement worth $1.3 billion with the International Monetary Fund. The deal will also reportedly unlock two loans, one $1 billion from the World Bank and another $1 billion from the Inter-American Development Bank. The Financial Times said that in order to obtain a loan from the IMF, the country also agreed to reduce its budget deficit, pass an anti-corruption law and increase reserves.

According to PANews, Grayscale has announced the opening of its Grayscale Bittensor Trust to qualified investors, allowing them to invest in $TAO in the form of securities. As of December 18, the fund's net asset value (NAV) per share stood at $9.95, with total assets under management amounting to $4,956,773.19.

Today's Fear and Greed Index dropped to 75 (yesterday's was 81), and the level changed from extreme greed to greed. Note: The threshold of the Fear Index is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market research (15%) + Bitcoin's proportion in the entire market (10%) + Google hot word analysis (10%).

Bitcoin Improvement Protocols (BIPs) are collaborative proposals that drive innovation and evolution within the Bitcoin network. <p>The post Bitcoin Improvement Protocols: An Overview first appeared on Ecoinimist.</p> source: https://ecoinimist.com/2024/12/19/bitcoin-improvement-protocols/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-improvement-protocols

Japanese listed company Metaplanet has announced that it will trade on the U.S. OTCQX market under the symbol MTPLF.

According to Odaily, analyst Jersey has expressed concerns regarding the potential impact of the new U.S. government's policies on inflation. Some individuals worry that these policies might lead to inflationary pressures, prompting the Federal Reserve to consider raising interest rates by the end of 2025. However, Jersey suggests that such concerns may be premature, as the implementation of new policies typically requires a significant amount of time. Despite these apprehensions, there is a possibility that the next move could be an interest rate hike, a scenario that seemed unlikely just four months ago. This potential shift could result in a steepening of the yield curve. Nonetheless, Jersey emphasizes that such actions are unlikely to occur until more data becomes available, indicating that immediate changes in monetary policy are not expected.

According to Odaily, renowned investor Jeffrey Gundlach, often referred to as the "New Bond King," has expressed that positions in gold and Bitcoin might continue to rise. However, he anticipates that both assets will experience sideways movement in the short term. Gundlach also mentioned his personal stance on Bitcoin, stating, "I will never hold Bitcoin before a new government takes office." Furthermore, Gundlach highlighted concerns regarding energy prices. He suggested that if there is a significant surge in energy costs, it is unlikely that the Federal Reserve will implement interest rate cuts by 2025. This perspective underscores the potential impact of energy market fluctuations on monetary policy decisions. Gundlach's insights reflect a cautious outlook on the economic landscape, emphasizing the interplay between asset positions and broader economic factors.

U.S. states like Ohio, Texas, and Pennsylvania are exploring Bitcoin as a reserve asset to hedge against inflation. However, experts like Nic Carter caution that its volatility could destabilize the global financial system. Despite these risks, Bitcoin’s growing adoption suggests it could play a larger role in future finance if the Government adopts it. Bitcoin […] source: https://www.cryptopolitan.com/american-strategic-bitcoin-reserve/

According to Onchain Lens, about 4 hours ago, the Trump family crypto project WLFI (World Liberty) spent $250,000 USDC to purchase 231,726 ENA and exchanged 103 cbBTC worth $10.36 million into WBTC. So far this month, it has spent: - $30 million USDC to purchase 8,105 ETH; - $10 million USDC to purchase 103 cbBTC (converted into WBTC); - $2 million USDC to purchase 78,387 LINK; - $1.91 million USDC to purchase 6,137 AAVE; - $750,000 USDC to purchase 741,687 ENA; - $250,000 USDC to purchase 134,216 ONDO.

Bitcoin’s (BTC) ongoing bull market has marked a significant transition of wealth from long-term holders to new investors, according to a recent Glassnode report. The redistribution of wealth from seasoned holders to newcomers is a hallmark of maturing Bitcoin markets. Long-term holders have been realizing record profits, peaking at $2.1 billion per day, while new […] The post Bitcoin sees... source: https://cryptoslate.com/bitcoin-sees-wealth-shift-from-long-term-holders-to-new-investors-glassnode/

Abstract Chain, a Layer 2 network designed specifically for on-chain culture and community, will launch its mainnet in January next year.

Meme, What are the upgrades of Eliza V2, the AI ​​Agent framework of ai16z? Golden Finance, What are the differences between the current version and V2?

On December 18, 2024, Binance Alpha announced the first and second batch project lists, namely: KOMA, Cheems, APX, ai16z, AIXBT, CKP, GEAR, SD, SYRUP and FARTCOIN.

It is precisely based on the changes in US regulations that DeFi has become an important narrative in this bull market.

This has been an extremely constructive year for the crypto industry, with significant developments in price action, market structure milestones, and major regulatory and political shifts.

Many Virtual Agents are addressing a variety of specialized use cases

Seven individuals, including a key Indonesian suspect, are being sought in connection with the Gigamax cryptocurrency investment scam, which resulted in RM7.25 million in losses. Authorities have arrested 11 people and are continuing the investigation to uncover the full extent of the fraud.

Market conditions, Crypto market, BTC, On-chain data: Use timestamps and price stamps to determine the top of a large cycle Golden Finance, the pendulum effect of the BTC large cycle.

Sygnum has partnered with Moomoo Singapore to launch a new digital asset fund for accredited investors, aiming to offer diversified strategies in the growing cryptocurrency market. The fund, available in 2025, focuses on active management to maximise returns and manage risks in this emerging asset class.