Market Trends and Hotspot Analysis

Macroeconomic Environment

The Federal Reserve reassesses the economic impact of the Trump administration

The Federal Reserve is reevaluating the potential impact of the Trump administration on the U.S. economy and inflation. It is reported that the Fed Chairman expressed dissatisfaction with some officials' public comments linking Fed policy directly to changes in Trump's policies. The market generally expects that future interest rate cuts will be more slow and cautious. Analysts point out that the outlook for Fed rate cuts in 2025 is full of uncertainty, and investors need to cope with potential economic fluctuations.

According to financial data, the probability of maintaining the interest rate unchanged in January next year is 87.2%, while the probability of a 25 basis point rate cut is 12.8%. By March, the probability of maintaining the current interest rate is 50.6%, the probability of a 25 basis point rate cut is 44.1%, and the probability of a 50 basis point rate cut is 5.4%.

Crypto Market Dynamics

Bitcoin has once again fallen below $95,000, and market sentiment is low.

The cryptocurrency market continues to fluctuate downward, with Bitcoin dropping again to a low of $93,000, hitting a new low in nearly a week. The funding rates on exchanges indicate a generally bearish market. Bitcoin spot ETFs saw a net outflow of $287 million on Friday, with a cumulative net outflow of $376 million last week. During the market adjustment, centralized exchange platform tokens performed relatively well, while AI Agent-related projects still attracted a large influx of funds.

Industry Hot Spots

A well-known venture capital institution opposes the new regulations of the U.S. Treasury.

The head of regulation at a well-known venture capital institution expressed confidence in DeFi on social media, believing that DeFi will make financial services and the digital economy more convenient and efficient. However, the recent new broker report rule released by the U.S. Treasury Department is seen as a threat to this vision and could hinder DeFi innovation in the U.S. The institution supports the lawsuit filed by relevant industry organizations, arguing that the IRS and the Treasury Department have exceeded their statutory authority, violated the Administrative Procedure Act, and may be unconstitutional.

The Malaysian Securities Commission regulates unregistered trading platforms

The Malaysian Securities Commission has taken strict enforcement action against a cryptocurrency trading platform and its CEO because the platform operated locally without proper registration. The regulator has required the platform to immediately cease operations in Malaysia and complete rectification within a specified timeframe. Additionally, the platform has been asked to terminate all advertising activities aimed at Malaysian investors and to shut down local user support groups.

According to Malaysian law, operating a digital asset trading platform without registration as a recognized market operator is illegal. As early as July 2021, the platform and its CEO were placed on the investor warning list for similar violations.

Hot Projects

AI agent market rises against the trend

Despite the overall pullback in the cryptocurrency market, the AI agent sector has risen against the trend, with a 24-hour increase of 1.54%. A certain AI project recently released a proposal for an update on its tokenomics, planning to focus on framework innovation and multi-chain integration through the acquisition of mature technologies and teams in the first quarter of 2025. The second phase will focus on ecosystem growth and incentive synergy, incentivizing developers through methods such as buybacks and ecosystem funds. The project's market capitalization once soared to 1.5 billion USD, reaching a historic high, reflecting the market's recognition of the potential of AI agents.

New Solana ecosystem projects attract attention

A new project in the Solana ecosystem has conducted a large-scale token airdrop, seen as a breakthrough in Solana token technology. After half an hour of the token's issuance, its market value surpassed 10 million dollars, currently reported at 11 million dollars. The project allocated 10% of the total supply to eligible wallets, utilizing ZK Compression technology to achieve large-scale distribution, significantly reducing the cost of the airdrop.