CryptoQuant analysts said that if the current supply and demand trends and investor interest continue to rise, the price of Ethereum could exceed $5,000. They added that Ethereum's on-chain activity has increased, daily transactions and dApp usage have pushed up network fees, and supply growth has slowed due to increased Ethereum destruction. (TheBlock)

According to PANews, Elon Musk recently took to Twitter to express his views on the U.S. Securities and Exchange Commission (SEC), describing it as an agency used for political purposes. Musk's comments came in response to criticisms from Mike Lee, who labeled the SEC as an unreliable 'independent commission.' Musk's tweet highlights ongoing tensions between the SEC and various public figures who have questioned the agency's role and actions. The SEC has been under scrutiny for its regulatory decisions, which some argue are influenced by political agendas. Musk's statement adds to the discourse surrounding the perceived impartiality and effectiveness of the SEC in its regulatory duties. This development is part of a broader conversation about the role of regulatory bodies in the financial sector and their impact on businesses and individuals. As debates continue, the SEC's actions and the responses they elicit from influential figures like Musk remain a focal point in discussions about regulatory practices and their implications.

Empowering traditional finance and gaining support from asset management giants may be one of the most certain directions.

The company "would have preferred a decision on the merits affirming the trial court’s dismissal of the case," Nvidia told Decrypt. source: https://decrypt.co/296200/supreme-court-nvidia-crypto-lawsuit

null source: https://x.com/Bitcoinsensus/status/1867190491361742902

MicroStrategy has accumulated 423,600 bitcoins through convertible bonds and stock financing, worth about $42 billion, accounting for 2% of the total supply of Bitcoin. Since the launch of the Bitcoin purchase strategy in August 2020, MicroStrategy's stock price has risen 30 times, attracting other companies to follow suit. It is reported that about 144 companies hold Bitcoin on their balance sheets, but not all companies imitate MicroStrategy's strategy. Imitators include Bitcoin mining companies Marathon Digital, Riot Platforms, Core Scientific, Terawulf and Bitdeer, which purchased Bitcoin through similar convertible bond financing. In addition, Coinbase, as a custodian, holds more than 11% of the total supply of Bitcoin, including the Bitcoin held by MicroStrategy. Tesla and Hong Kong game company Boyaa have also participated in the wave of hoarding coins. Tesla holds $1.5 billion in Bitcoin and Boyaa holds 3,183 Bitcoins worth $310 million. (DL News)

According to Foresight News, Elon Musk recently announced that Grok, the artificial intelligence service under his leadership, has the capability to explain meme jokes. This development showcases the advanced understanding and processing abilities of Grok, highlighting its potential in interpreting and analyzing internet culture and humor. Musk's statement underscores the growing sophistication of AI technologies in comprehending complex and nuanced human expressions, such as memes, which often rely on cultural references and humor. This capability could position Grok as a significant player in the AI landscape, particularly in areas requiring a deep understanding of human communication and social media trends. The announcement reflects ongoing advancements in AI, as developers strive to create systems that can seamlessly interact with human users by understanding and responding to various forms of digital content. Grok's ability to decode meme jokes could enhance its applications in customer service, content moderation, and other fields where understanding human intent and context is crucial.

OKX market data shows that AAVE has broken through 385 USDT and is currently trading at 383.31 USDT, with a 24-hour increase of 38.19%.

Asian stock and crypto markets have rallied in the last 24 hours, sparked by optimism following the latest US inflation report supporting expectations of a Federal Reserve rate cut. Gains in the region extended a positive trend set by Wall Street, with tech stocks leading the charge.  According to recent news, November US inflation was […] source: https://www.cryptopolitan.com/crypto-stocks-up-asia-us-inflation-data/

تداولات هذا الاسبوع فى مجملها صعودية لاسعار الغاز الطبيعى بمكاسب طالت مستوى المقاومة 3.30 دولار لكل مليون وحدة حرارية بريطانية بالقرب من الاعلى له منذ أسبوعين. هذا الشارت من منصة tradingview وجائت مكاسب أسعار الغاز بزخم من توقعات الطقس البارد وارتفاع الطلب على التدفئة. وبالإضافة إلى ذلك، يتدفق المزيد من الغاز الطبيعي إلى مصانع تصدير … The post تحليل أسعار الغاز الطبيعي والاقرب لاغلاق أسبوعى... source: https://www.tradersup.com/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a7%d9%84%d8%b3%d9%84%d8%b9/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d8%ba%d8%a7%d8%b2-%d8%a7%d9%84%d8%b7%d8%a8%d9%8a%d8%b9%d9%8a-%d8%a7%d9%84%d9%8a%d9%88%d9%85/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d8%ba%d8%a7%d8%b2-%d8%a7%d9%84%d8%b7%d8%a8%d9%8a%d8%b9%d9%8a-%d9%88%d8%a7%d9%84%d8%a7%d9%82%d8%b1%d8%a8-%d9%84%d8%a7%d8%ba/139294

Ciena Corporation reported a slight decrease in revenue for Q4 2024, with a net income drop from the previous year. The post Ciena Corporation Fails to Meet Expectations in Fiscal Q4 Results appeared first on Tokenist. source: https://tokenist.com/ciena-corporation-fails-to-meet-expectations-in-fiscal-q4-results/?utm_source=rss&utm_medium=rss&utm_campaign=ciena-corporation-fails-to-meet-expectations-in-fiscal-q4-results

Recommended readings tonight: 1. New narrative of stablecoins in 2024: clear regulation, entry of traditional finance, and simultaneous development of on-chain and off-chain; 2. Is Meme coin the truly successful GameFi in this cycle? 3. 11 facts after BTC ETF was listed in the United States;

ELIZA is at the intersection of three transformative trends: the rise of autonomous AI agents, the maturation of crypto-driven incentives, and the evolution of open source development models.

As an emerging technology trend, decentralized AI has a challenging road ahead, but it has great potential for development. With the continuous advancement of technology and the gradual maturity of the market, decentralized AI is expected to play a greater role in the future.

In order to fully grasp the development context and future trends of the Meme track, LBank Labs jointly released this research report with MetaEra and Bee Network.

This year is the year of the explosion of stablecoins. Looking to the future, with the clarification of supervision and continuous innovation of technology, the role of stablecoins will become more and more important, both in on-chain and off-chain finance.

Microsoft shareholders overwhelmingly rejected a proposal to add Bitcoin to the company's balance sheet, with only 0.55% in support. The board expressed concerns about Bitcoin's volatility, despite acknowledging its potential as an inflation hedge.

In 2024, the crypto industry saw key trends such as the rise of memecoins, the development of prediction markets, innovation in liquid staking tokens, the threat of quantum computing, the rise of DePINs, and the popularity of AI trading tools.

Roger Ver, widely recognized as “Bitcoin Jesus,” remains firm in his assertion that allegations brought against him by the United States Department of Justice (DOJ) are baseless.

This article will provide a detailed introduction to the working principle of the iCKB protocol and its significance in the market.