Daily Report | Today marks the 16th anniversary of the Bitcoin genesis block; Binance Alpha adds ELIZA, METAV, FLOCK; Mining company Bitfufu purchases 80,000 mining machines from Bitmain
January 3 News OverviewOrganizer: Luan Peng, ChainCatcher
Important News:
- Do Kwon has been charged with additional conspiracy to commit money laundering, but he pleaded not guilty to all charges during his court appearance
- Today marks the 16th anniversary of the Bitcoin genesis block
- Binance Alpha adds ELIZA, METAV, FLOCK
- Binance will launch BIO perpetual contracts with 1-75x leverage
- Yoon Suk-yeol's lawyer: Executing the arrest warrant against Yoon Suk-yeol is illegal, legal measures will be taken
- Mining company Bitfufu purchases 80,000 mining machines from Bitmain
- Supporters of Yoon Suk-yeol chant Trump's slogan: Stop the Steal
- Matrixport: Bitcoin may perform strongly in 2025, but a correction could occur in 2026
"What important events have occurred in the past 24 hours"
According to Cointelegraph, Terraform Labs co-founder Do Kwon has been charged with a new crime: conspiracy to commit money laundering. This is a new charge in the amended indictment unsealed by the U.S. District Court for the Southern District of New York on January 2. The indictment states that Do Kwon conspired with others, knowing that transactions exceeding $10,000 involved illegal proceeds, yet still facilitated these financial transactions.
Previously, Kwon had been charged with eight felonies due to his role in the collapse of the Terra ecosystem in 2022 and was arrested in Montenegro in 2023 for forging travel documents. After a dispute over extradition between the U.S. and South Korea, Kwon was handed over to the U.S. in December 2024. Currently, Kwon pleaded not guilty to all charges during his court appearance on January 2 and agreed to be detained. It remains uncertain whether a plea agreement will be reached or if he will enter a criminal trial.
This case bears similarities to that of former FTX CEO Sam Bankman-Fried, who faced additional charges after extradition and was ultimately sentenced to 25 years in prison.
Today marks the 16th anniversary of the Bitcoin genesis block
The Bitcoin genesis block was mined by Satoshi Nakamoto on January 3, 2009, at 2:15:05 AM Beijing time, with a block reward of 50 BTC. As of today, it has been 16 years since its creation, and the total Bitcoin block height has reached 877,566.
In the genesis block, Satoshi recorded the headline from the front page of The Times: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."
Binance Alpha adds ELIZA, METAV, FLOCK
Binance Wallet shows that Binance Alpha has added ELIZA, METAV, and FLOCK.
Binance will launch BIO perpetual contracts with 1-75x leverage
Binance's financial services, one-click buy, instant exchange trading platform, leverage, and regular investment platform will launch Bio Protocol (BIO). Binance will launch BIO perpetual contracts with 1-75x leverage.
According to the Korea Herald, South Korean President Yoon Suk-yeol's lawyer stated that executing an invalid arrest warrant is illegal and legal measures will be taken.
Previously reported, South Korean law enforcement agencies set out to execute the arrest warrant against Yoon Suk-yeol, and the South Korean president stated he was prepared to take decisive measures against market volatility.
Mining company Bitfufu purchases 80,000 mining machines from Bitmain
NASDAQ-listed Bitfufu shared details of a new two-year framework agreement signed with Bitmain. Under this agreement, Bitfufu will purchase up to 80,000 S-series mining machines from Bitmain, including models like S21 XP and S21 Pro.
Bitfufu's CEO stated, "Our deep strategic partnership with Bitmain ensures a stable supply of the latest mining machines, allowing us to rapidly expand our global mining infrastructure by adding 1 GW of capacity by the end of 2026. These new mining machines will be used to strengthen our self-mining operations and cloud mining services, providing highly cost-effective and energy-efficient solutions."
Supporters of Yoon Suk-yeol chant Trump's slogan: Stop the Steal
South Korean investigative authorities executed an arrest warrant against impeached President Yoon Suk-yeol today, and his supporters chanted Trump's slogan "Stop the Steal," expressing hope that the soon-to-be-inaugurated U.S. President Trump could help Yoon Suk-yeol.
On Friday, Yoon Suk-yeol's supporters gathered outside his residence, attempting to prevent his arrest, with some holding signs that read "Stop the Steal," a slogan used by Trump and his supporters to question the results of the 2020 U.S. presidential election. "Invalid impeachment," some protesters shouted, while others waved American flags, a common sight in conservative protests in South Korea. Trump will begin his second term on January 21, and he has not commented on Yoon Suk-yeol's situation, with no clear connection between his campaign team and Yoon Suk-yeol's supporters. Trump has been impeached twice but was never convicted. (Jinshi)
Matrixport: Bitcoin may perform strongly in 2025, but a correction could occur in 2026
Matrixport's latest weekly report indicates that 2025 could be a pivotal year for Bitcoin. The report combines Chinese zodiac culture with Bitcoin's four-year cycle model, analyzing that the Year of the Snake (2025) symbolizes transformation, wisdom, and hidden potential, aligning with Bitcoin's innovative characteristics and potential technological breakthroughs.
The report mentions that since Bitcoin's inception in 2009, its four-year halving cycle has significantly influenced market trends. 2025 may see further maturation of Bitcoin's regulatory framework and important technological advancements, such as improvements in network scalability or energy efficiency. These changes could provide Bitcoin with greater adaptability and long-term growth momentum while addressing some criticisms of the current market.
Additionally, the report predicts that Bitcoin may perform strongly in 2025, but a correction could occur in 2026, consistent with historical cycle patterns and interpretations of the Chinese zodiac. Analysts believe that 2025 could be a year full of opportunities and transformations for the Bitcoin market.
Musk posted on his social media platform about the tax on crypto trading, stating, "A customer bought $7,000 worth of cumrocket and staked it for 3 months to earn 6900%. Then they sold and withdrew profits to invest in NFTitties, but the developers rug pulled the project, and they only managed to liquidate 10% of the funds. Can the customer deduct the gas fees for minting to offset short-term capital gains tax?"
As a result of this news, the token CumRocket (CUMMIES) surged 124% temporarily.
SAF co-founder: At least 13 states in the U.S. are drafting "strategic Bitcoin reserve" legislation
Dennis Porter, co-founder and CEO of the Satoshi Action Fund (SAF), stated on the X platform that at least 13 states in the U.S. are drafting legislation related to "strategic Bitcoin reserves." January will be a record month for Bitcoin policy.
A man in Xiamen was prosecuted for stealing others' virtual currency
According to Xiamen Evening News, a man stole others' virtual currency and cashed out over 1.6 million yuan after helping a friend invest in futures and incurring losses. Recently, the Huli District People's Procuratorate in Xiamen, China, reviewed and prosecuted this theft case.
In September 2021, the defendant, Chen, was introduced to the victim, Hong, by a friend. Hong entrusted Chen to help operate virtual currency investments and provided his account and login password.
At the end of September 2022, Chen fabricated a story about the account being offline to deceive Hong into providing various verification codes, then successfully changed the account's login password and replaced the bound email with his own. At this point, Hong's account was under Chen's control.
Subsequently, Chen repeatedly used the excuse of the account being offline to deceive Hong for real-time verification codes, continuously transferring the virtual currency from Hong's account to his own. He then quickly sold these virtual currencies for a profit of over 1.6 million yuan, using all of it to repay personal debts.
In May 2024, Chen voluntarily went to the police station to confess and truthfully admitted his crimes.
The Huli District People's Procuratorate prosecuted Chen for theft. According to Article 264 of the Criminal Law, theft of public and private property, with particularly large amounts or other particularly serious circumstances, is punishable by more than ten years of fixed-term imprisonment or life imprisonment, and fines or confiscation of property.
Binance will remove ADX, AMB, and other tokens as borrowable assets for staking
According to the official announcement, starting from January 3, 2025, at 1:00 PM (UTC+8), Binance's staking borrowing (floating interest rate) will remove the following assets as borrowable assets. Users will not be able to create new floating interest rate orders involving the following assets. All ongoing floating interest rate orders will not be affected until the user repays the borrowing orders.
List of currencies: AdEx (ADX), AirDAO (AMB), Alpine F1 Team Fan Token (ALPINE), BakeryToken (BAKE), Dent (DENT), FUNToken (FUN), Lazio Fan Token (LAZIO), Manchester City Fan Token (CITY), OG Fan Token (OG), and Voxies (VOXEL).
Eric Trump meets Michael Saylor at Mar-a-Lago and mentions Bitcoin
Eric Trump met with Michael Saylor at Mar-a-Lago and stated, "Two friends, a shared passion: Bitcoin."
Bitcoin financial services company Fold announced that it has completed a $20 million convertible bond financing provided by ATW Partners, and both parties have agreed to potentially provide an additional $10 million financing after merging with FTAC Emerald.
This financing is secured by the company's assets (including a portion of Bitcoin), and the bonds will mature three years after Fold becomes a public company, converting into common stock of the merged company at a fixed conversion price of $11.50 per share.
Fold stated that the initial $20 million will be used to support growth plans and accelerate product development, while the remaining $10 million financing will provide more capital flexibility after completing the business merger with FTAC Emerald.
"What are the exciting articles worth reading in the past 24 hours"
Interview with UXLINK CMO: In 2024, our breakthroughs, innovations, and challenges
ChainCatcher recently interviewed UXLINK's CMO Eric about breakthroughs, achievements, challenges, and plans for the new year in 2024. Just as a coin has two sides, the achievements of UXLINK are accompanied by multiple challenges faced by the team. However, Eric stated that regardless of how the market environment changes in 2024, UXLINK is firmly focused on real user growth, "Any meaningful Dapp construction must serve end users. Web3 and Crypto cannot always play financial games; they need to genuinely benefit the public for the industry to explode."
Additionally, regarding plans for the new year, Eric revealed that to achieve the goal of 100 million users, UXLINK will continue to focus on Telegram in 2025 while also investing and growing on LINE. By continuously enhancing the Web3 user experience with innovative features like One Account One Gas, they aim to attract new users. In terms of user incentives, UXLINK will not only launch the second season of airdrops soon but will also have third and fourth seasons to fully ensure community interests.
This survey collected 1,570 questionnaires, providing valuable firsthand information for the industry to understand the Web3 individual investor group.
2024 is the year of the meme explosion, with the meme craze spanning the entire year. As of the time of writing, CoinGecko data shows that memes are a market worth over $100 billion. Memes are not only the battleground for retail investors but have also become a key area for major institutions, CEXs, and public chains to compete for traffic.
Compared to the past, which mainly focused on zoo-type memes, 2024 can be said to be a year where everything can be a meme, with unexpected angles. This article reviews the main types of meme speculation concepts in 2024 and the predictions from research institutions regarding the development trends of memes in 2025.
As a company with a core strategy of Bitcoin reserves, MicroStrategy (MSTR) has been highly favored by U.S. stock investors due to its firm support for Bitcoin and the frenzied market environment surrounding it.
However, since reaching an all-time high of $589 on November 21, MSTR's stock price has fallen over 44% to $300, with its market value dropping by 34% in just the past two weeks. As a standout crypto asset in the U.S. stock market, subtle changes in the market environment have also led to dramatic fluctuations in stock prices. Ultimately, can the narrative of the "crypto Federal Reserve" continue to maintain its former glory?
Looking back to 2013, exploring the briefly existing "Bitcoin News Center" on Bitcoin.org.
Which new meme blue chips were added in 2024? Which KOLs had a significant impact on the meme coin market? What are the commonly used meme tools and narratives?
Meme Popularity Ranking
According to the meme token tracking and analysis platform GMGN, as of January 3, 19:40:
In the past 24 hours, the top five popular tokens on Ethereum are: KEKIUS, SPX, TRUMPIUS, DOGE, VIRTUAL
In the past 24 hours, the top five popular tokens on Solana are: NYNC, DEJAVU, FOG, Grind, SP00GE
In the past 24 hours, the top five popular tokens on Base are: VIRTUAL, dork, alien4ever, BRETT, AKUMA
