Google launched a new test model Gemini 2.0 Flash Thinking in the early hours of Beijing time today. The model is based on the 2.0 Flash version, adopts a slow thinking method similar to the o1 model, supports deep visualization of the reasoning process, and performs well in complex problems such as mathematics and programming. Its multimodal reasoning ability is further improved, enhancing the transparency and interpretability of the model. Currently, Gemini 2.0 Flash Thinking has been launched on Google AI Studio and Vertex AI's Gemini API, and developers can go there to experience it.

Aptos Labs co-founder Mo Shaikh announced his resignation as CEO, and co-founder Avery Ching will take over. In a long article published on the social platform X, Shaikh reviewed Aptos' achievements in the past three years, including successfully raising $400 million in venture capital and building a strong ecosystem supported by thousands of developers. He thanked investors such as BlackRock, Google, Mastercard and PayPal for their support, and said that he would continue to support the company's development as a strategic advisor, while reflecting on the future of blockchain and financial systems. (CoinDesk)

According to BlockBeats, Whale Alert has reported that the USDC Treasury recently destroyed 100,015,000 USDC tokens on the Ethereum blockchain. This significant transaction occurred approximately two hours ago, highlighting ongoing activities within the cryptocurrency market. The burning of such a large amount of USDC, a stablecoin pegged to the US dollar, is a notable event in the digital currency space. Token burns are typically conducted to reduce the supply of a cryptocurrency, which can potentially impact its market value. This action by the USDC Treasury reflects the dynamic nature of the cryptocurrency ecosystem, where supply adjustments are part of broader financial strategies. The Ethereum network, known for its robust infrastructure supporting various decentralized applications and financial services, continues to be a preferred platform for such transactions. The destruction of USDC tokens on Ethereum underscores the network's role in facilitating significant financial operations within the crypto industry. As the market evolves, such activities are closely monitored by stakeholders to assess their implications on the stability and valuation of digital assets.

According to Whale Alert, USDC Treasury destroyed 100,015,000 USDC on Ethereum 2 hours ago.

Doodles NFT founder burnt toast posted a piece of unclear text on the social platform this morning, but the first letters of each word together are "token is coming", which seems to imply that the token will be released. Affected by this news, the floor price of Doodles rose in a short period of time. It broke through 8 ETH this morning and then fell back. It is now reported at 6.78 ETH, with a 24-hour increase of 61.77% and a transaction volume of 4099.53 ETH.

OKX market data shows that BTC fell below 97,000 USDT and is now at 96,975.3 USDT, a 24-hour drop of 3.89%. (This newsletter is generated by AI)

Annual changes to the composition of the Fed’s FOMC next year could slightly increase resistance to further rate cuts. The incoming members are more hawkish than the outgoing members. “It opens the door for more dissenting votes next year,” said Oscar Munoz, an analyst at TD Securities. At the December FOMC meeting, four of the Fed’s 19 policymakers wrote down forecasts that the rate cut was inappropriate, with Cleveland Fed President Hammack as a dissenting vote. Hammack will exit the FOMC next year and be replaced by Chicago Fed President Goolsbee, who believes the policy rate needs to be cut sharply next year and is clearly more dovish than Hammack. But two other new voters — St. Louis Fed President Musalem and Kansas City Fed President Schmid — will make the 2025 vote more hawkish, replacing Atlanta Fed President Bostic and San Francisco Fed President Mary Daly, who are seen as centrists. TD Securities analysts speculated that Mousalem was one of four policymakers who submitted forecasts opposing this rate cut, and another may be Schmid. Both have hinted that there is some hesitation about further rate cuts. The fourth may be Fed Governor Bowman, who opposed a 50 basis point rate cut in September but may switch to support this week's rate cut during the two-day meeting. (Jinshi)

On-chain data shows that at 8:07 Beijing time, the El Salvador wallet address purchased 11 bitcoins worth $1.07 million for its strategic bitcoin reserves. Yesterday, it was reported that El Salvador officials will accelerate the purchase of bitcoins as strategic reserves, and the official bitcoin wallet Chivo will be sold or discontinued. Due to a $1.4 billion loan agreement with the IMF, bitcoin payments will be changed to voluntary.

Arkham monitoring shows that around 6:54 this morning, Trump's crypto project World Liberty spent $2.5 million USDC to purchase 722.2 ETH, with an average price of $3,461 per transaction.

Farside monitored that among the US Bitcoin spot ETFs yesterday, ARKB had a net outflow of US$108.4 million, BITB had a net outflow of US$43.6 million, Grayscale Mini BTC had a net outflow of US$188.6 million, and Grayscale GBTC had a net outflow of US$87.9 million.

Golden Finance launches the 2544th 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.

Sierra has not only attracted industry attention for its technological innovation, but also raised $175 million in the latest round of financing, with its valuation soaring to $4.5 billion. What is the magic of Sierra that has made it the darling of the capital market?

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

Covering in-depth research in the crypto space, from altcoins to ETFs, from staking to gaming, and more. 2025 will be a pivotal year, with breakthroughs and advances that will likely help shape the long-term trajectory of the crypto industry for decades to come.

As a type of trendy culture, meme culture also has the common problems of trendy culture, such as being superficial, amplifying prejudice, creating discrimination or providing false information.

An in-depth explanation of Web3's new benchmark for high-performance AI and how to participate.

Recommended readings tonight: 1. Crypto "Black Thursday": What are the reasons for the future market trend? 2. Trump administration's crypto landscape 3. Outlook for 2025: Make DeFi great again

Bitwise CIO Matt Hogan recently predicted that if the United States established a national Bitcoin reserve, the price of Bitcoin could soar to $500,000.

The new interest rate cuts will attract more funds into DeFi, creating a macro environment similar to the DeFi summer of 2020-2021.

Layer 2, Liquidity, ETH, Gate Ventures Research Insights: Research on the issue of liquidity fragmentation in the Layer2 era Golden Finance, the future will surely be an era of multi-chain coexistence.