Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry dynamics. This article is a project weekly, taking you to see the progress of mainstream projects and star projects this week.
Bitcoin
CBOE to launch Bitcoin-related index options
The Chicago Board Options Exchange (CBOE) announced today that it plans to launch the first batch of cash-settled index options related to the spot price of Bitcoin starting on Monday, December 2. These options will be listed and traded exclusively on the CME Options Exchange, regulated by the U.S. Securities and Exchange Commission, and based on the new CME Bitcoin US Exchange Traded Open-Ended Index Fund (ETF) Index. Rob Hocking, global head of product innovation at CME Group, said: "Our new range of options based on the CME Bitcoin US ETF Index provides traders with a timely and attractive solution for efficient exposure to Bitcoin spot. We expect the unique advantages of cash settlement, coupled with the launch of a variety of index-sized options and flexible options, will provide customers with more flexibility in trading strategies. Our index options offer a unique value proposition that we believe will be attractive to both institutional participants and retail traders who want to profit from or hedge against Bitcoin price fluctuations without directly holding the asset."
AI that manages $30 million investment fund predicts that Bitcoin will reach $140,000
Intelligent Alpha, which relies on artificial intelligence to build an investment portfolio, said that the company relies on three artificial intelligences: OpenAI's ChatGPT, Google's Gemini and Anthropic's Claude to form an investment committee and manage a $30 million investment fund.
Founder and CEO Doug Clinton said the company had previously focused on traditional finance and had little exposure to cryptocurrencies, but had begun experimenting specifically with Bitcoin (BTC) in the past five months. The goal is to have artificial intelligence trade BTC based on different target prices. Clinton said: "In the case of a bull market, Trump wins, and the regulatory environment is more favorable, artificial intelligence thinks that Bitcoin could rise to $140,000. Maybe that's the scenario we're working on now."
This week, spot Bitcoin ETFs had a net inflow of $3.376 billion, and BlackRock IBIT had a net inflow of $2.054 billion
According to Trader T monitoring, spot Bitcoin ETFs had a net inflow of $3.376 billion this week, with a total trading volume of $28 billion, of which BlackRock IBIT had a net inflow of $2.054 billion, Fidelity had an inflow of $773 million, and ARKB had a net inflow of $301 million.
Stacks founder: Coinflip, the world's leading Bitcoin ATM, will integrate Stacks and sBTC
Stacks founder Muneeb said on Twitter: Coinflip, the world's leading Bitcoin ATM, will integrate Stacks and sBTC. Coinflip has more than 400,000 users, and this integration will continue to open the door to the global market for Stacks.
If Bitcoin breaks through $100,000, the cumulative short order liquidation strength of mainstream CEX will reach 1.381 billion
According to Coinglass data, if Bitcoin breaks through $100,000, the cumulative short order liquidation strength of mainstream CEX will reach 1.381 billion. Conversely, if Bitcoin falls below $97,000, the cumulative long order liquidation strength of mainstream CEX will reach 1.028 billion.
Ethereum
Vitalik: Hope to see more EVM Rollups to improve data efficiency
Ethereum co-founder Vitalik Buterin posted on the X platform that part of the L2 expansion is Ethereum increasing its blob capacity, and the other part is that Rollups become more data efficient. It is great to see Starknet rise to the challenge and hope to see more EVM Rollups to improve data efficiency. Earlier news, Starknet announced the launch of the solution Starknet v0.13.3, designed to meet the steady growth in demand for processing Ethereum blobs.
Yonhap News Agency: North Korean hackers stole $42 million worth of Ethereum from Upbit in 2019
According to Yonhap News Agency, North Korea stole $42 million worth of Ethereum from Upbit. South Korea's National Police Agency said North Korean state-sponsored hacker groups Lazarus and Andariel were involved in the theft of 342,000 Ethereum from cryptocurrency trading platform Upbit in November 2019.
Grayscale Completes Reverse Split of Bitcoin and Ethereum Mini Trust ETFs
Grayscale completed a reverse split of the Bitcoin Mini Trust ETF and the Ethereum Mini Trust ETF on November 19, increasing the price per share and reducing the number of outstanding shares. After the split, every 5 shares of the Bitcoin Mini Trust ETF were merged into 1 share, with a price per share of 5 times the net asset value (NAV) before the split; every 10 shares of the Ethereum Mini Trust ETF were merged into 1 share, with a price per share of 10 times the NAV before the split. The number of shares held by shareholders (excluding odd lots) was reduced proportionally without any action required, and the changes will take effect on the trading day of November 20.
The position of NDV Lianchuang christian2022.eth, the largest individual CHEEMS holder, has risen to $7.22 million.
According to on-chain analyst @ai_9684xtpa, BSC network's Meme coin CHEEMS has risen 60% in the past 24 hours and has soared 306% since November 5, with a current market value of $150 million. The position of NDV Lianchuang christian2022.eth (@Christianeth), the largest individual CHEEMS holder, has risen to $7.22 million. He holds 3.8% of the total tokens, 92% of which were migrated from Zysync on September 28. In the past month, he spent 323 WBNB to increase his holdings by 650.6 billion.
Nasdaq-listed medical company Cosmos Health includes BTC and ETH as reserve assets
Nasdaq-listed medical company Cosmos Health has included BTC and ETH in its reserve assets, and the company said the adoption of this new policy follows its forward-looking approach to investing in new technologies, including the recent acquisition of its AI-driven drug repurposing platform Cloudscreen. Cosmos Health expects that the addition of Bitcoin and Ethereum, as well as potential other cryptocurrencies and blockchain-related assets, will help diversify its balance sheet and provide significant upside potential as these assets are increasingly adopted around the world. In addition to holding Bitcoin and Ethereum as reserve assets, the company is also committed to meeting the needs of customers who want to pay with cryptocurrencies.
Paidun: The vitalik.eth tagged address bridged 32 ETH to Base and minted 400 Oracle Patron NFTs
According to Paidun’s monitoring, the vitalik.eth tagged address has bridged 32 ETH from the Ethereum mainnet to the Base network and minted 400 Oracle Patron NFTs.
Other projects
Bitfinity Network launches Bitcoin L2 network and completes $12 million in financing
Bitcoin L2 solution Bitfinity Network announced the completion of $12 million in financing, including $7 million invested by institutions such as Polychain Beacon Fund, ParaFi, Draft Ventures and Warburg Serres, and $5 million raised by community over-the-counter (OTC) token sales. The project will use the Chain Fusion technology of the Internet Computer Protocol (ICP) to enable the operation of Bitcoin native assets in an Ethereum-compatible ecosystem.
Trump Media Technology Group may be considering launching a crypto payment service called Truth Fi
According to the New York Times, according to a trademark application filed this week, Trump Media Technology Group has filed an application for a cryptocurrency payment service called Truth Fi, describing it as a platform for crypto payments, financial custody services, and digital asset transactions. The application does not detail how the project will work or how close it is to results, but the move appears to be an attempt by the group to diversify its business beyond the social media platform Truth Social. Any large-scale crypto project is likely to require Trump Media Technology Group to acquire another company, as it has fewer than 36 employees. This week, shares of crypto trading platform Bakkt soared after the Financial Times reported that Trump Media was in talks to acquire the platform.
Stripe launches B2B payment function via stablecoin
Patrick Collison, CEO of US payment giant Stripe, posted on the X platform that Stripe has launched the function of B2B payment via stablecoin. The company's employee @BackseatVC explained that users can now create and send invoices payable in stablecoins on Stripe; when Stripe launched the "Pay with Cryptocurrency" function last month, one of the strongest functional demands of users was to improve the B2B payment experience; with the support of the invoice function, this demand is now met.
Earlier news, Stripe launched the "Pay with Crypto" function in the United States, supporting stablecoins including USDC and USDP.
Informed sources: DOGE, the Department of Government Efficiency, may develop a mobile application for tax filing
According to Fox Business, citing informed sources, the Department of Government Efficiency (DOGE), led by Musk, may develop a mobile application for tax filing to facilitate taxpayers to file tax returns for free. The plan is currently in its preliminary stages.
DOGE is considering how to make it easier for Americans to pay taxes every year. This is part of a broader measure expected to be taken to overhaul federal programs to save costs and improve efficiency by streamlining programs and eliminating redundancies.
Robinhood Crypto announces the launch of BONK transfer function
Robinhood Crypto announced the launch of BONK transfer on the X platform.