WikiBit Industry Insights
Hot Topics:
• AI Agents continue to attract users and Virtual currencies collectively crashedcapital.
• Base Network TVL rises to $11.47 billion, hitting a new high.
• Ethereum surpasses $3,600 for the first time in six months, driving a broad rally in Ethereum ecosystem tokens.
Market Environment
This week, BTC prices corrected after reaching new highs, currently trading above $90,000 at $95,500. The ETH/BTC ratio has been rebounding steadily, hitting a low of 0.0318 and currently at 0.037. Ethereums price surge this week has fueled significant gains across Ethereum ecosystem tokens, including $LDO, $ENA, $EIGEN, $ENS, $ARB, and $OP.
Stablecoin market capitalization has reached $191.622 billion, up by $5.132 billion compared to last week.
Fueled by the AI Agent craze, substantial capital inflows have driven Base Network assets to exceed $11.43 billion, making it the second-largest Ethereum Layer 2 solution by total value locked (TVL).
Policy & Regulation Update
Italy Trims Proposed 42% Digital Asset Tax: https://news..com/en/202411273584924299.html
Philippines Tightens Reporting Requirements for Virtual Asset Service Providers: https://news..com/en/202411281034701246.html
Security Incident Tracking
Pump Science Key Leak Sparks Token Fraud Concerns:https://news..com/en/202411273864564494.html
ZachXBT: Over $3.5M Stolen in Recent Hacks Targeting McDonalds, Kabosu Owner, and Other Social Media Accounts:https://news..com/en/202411288044739592.html
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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