Looking back at 2024, markets are once again on an all-around uptrend, with almost all major macro asset classes delivering positive returns. Stocks have outperformed in both absolute and risk-adjusted returns, gold has risen steadily throughout the year with minimal volatility, and has performed extremely well, while the yen and Japanese government bonds have lagged behind, with the Bank of Japan refusing to tighten monetary policy even in the face of rapidly rising domestic inflation.

The construction of Swarms ecological projects is still in its early stages.

In general, looking back at 2024 and looking forward to 2025, I think it is appropriate to summarize it in four sentences: from grassroots to universal, from chaos to order, from depression to bubble, and from conservatism to reform. Next, I will share my thoughts and prospects with some events that I think are more representative.

Bitcoin financial services company Fold announced that it has completed $20 million in convertible bond financing.

The difficulty of Bitcoin mining increased by 1.16% to 109.78 T; the Bitcoin hash rate reached 1,000 EH/s, and the revenue of Bitcoin miners in December reached US$1.44 billion.

Xterio token economics announced, with 28% allocated to the community.

Putting great tools into people’s hands over time is the best way to achieve broad and lasting impact.

This relatively stable chip structure and stablecoin accumulation show that there is no significant adjustment pressure within the market.

AI tools make DeFi easier to use and reduce operational complexity to promote the popularity of decentralized finance

The head of SendAI wrote a long article: The hackathon was accidentally turned into a casino, and developers tend to be short-sighted and blind. If it is not stopped, it may lead to disaster.

The core idea of d/acc is simple and clear: decentralized, democratic, and differentiated defensive acceleration.

Covering areas such as AI, Desci, stablecoins, enterprise services, fintech, games and infrastructure

Nubit, together with leading Bitcoin ecosystem projects such as Nebra, Bitcoin Layers and Alpen Labs, released the "Proof of TVL" report on January 5, 2025, directly pointing out the opaque status quo in the BTCFi field, calling for the establishment of a higher standard asset transparency verification mechanism, and proposing an open source TVL verification tool to provide strong support for the transparency of the Bitcoin ecosystem.

Linus Torvalds is involved in the $zailgo project?

Shaw: The founders of Swarms don't know how to write code and have a history of fraud.

The projects in the Solana AI Hackathon have become a hot topic recently. Many coins have risen sharply, and most projects have not issued coins. For these projects, how can we use tools to monitor them?