TLDR CRYPTO 2024-12-12

👩🎓 Learn how to start a creator business from scratch

📱 Start your business from your phone in under 60 seconds

Join now and take the $3K in 30 days challenge

BITWISE PREDICTS 2025 AS YEAR FOR CRYPTO IPO — KRAKEN, CIRCLE TO GO PUBLIC

Bitwise's 2025 predictions forecast that major crypto firms including Circle, Kraken, and Anchorage Digital will go public, while speculating that Bitcoin could reach $200,000-$500,000 and Ethereum to hit $7,000. The report anticipates significant institutional adoption through spot Bitcoin ETFs exceeding current year's $33.6 billion inflows, projects Coinbase to enter the S&P 500 with a share price of $700, and predicts the stablecoin market will double to $400 billion, while also forecasting a new wave of AI-driven memecoin activity and growth in tokenized real-world assets to $50 billion.

CIRCLE AND BINANCE ENTER STRATEGIC PARTNERSHIP

Circle and Binance have announced a strategic partnership to drive global adoption of USDC and crypto. Binance will integrate USDC across its products (reaching over 240M users) and adopt it for corporate treasury operations. This collaboration aims to improve stablecoin and crypto infrastructure for everyday finance and commerce while leveraging Circle's technology and Binance's expansive platform and regulatory advancements.

HYPERBOLIC: CULTIVATING THE OPEN AND ACCESSIBLE AI ECOSYSTEM

Hyperbolic has developed a GPU marketplace and inference services platform, partnering with major organizations like Quora, Hugging Face, and leading universities to provide verifiable, high-performance AI infrastructure. It envisions creating an “AI Rainforest” where resources are shared symbiotically, focusing on making AI compute more accessible while implementing novel verification protocols like Proof of Sampling.

COSMOS IS EXPANDING: SKIP JOINS THE INTERCHAIN FOUNDATION

The Interchain Foundation (ICF) has acquired Skip, now renamed Interchain Inc., as its main subsidiary, transitioning to centralized development. With 115+ mainnets and $1B in monthly IBC volume, ICF aims to 100x ecosystem liquidity via initiatives like enhancing user experience, onboarding liquidity, and unlocking staked assets, amid leadership changes including Ethan Buchman's exit.

AI AGENT TAKEAWAYS

AI agents, now valued at over $10 billion in market cap, go beyond tokens and tweets by integrating advanced decision-making capabilities that allow them to execute actions both on-chain (like deploying tokens) and off-chain (such as posting on social media). With frameworks like ai16z's Eliza enabling memory management and autonomous decision-making, these agents might redefine how we interact with technology and the internet.

2025 TO BE THE YEAR OF DEPIN CHAIN WARS

The 2025 "DePIN Chain Wars" will see emerging blockchain ecosystems like Base challenge Solana's dominance in decentralized physical infrastructure networks (DePIN). With strong UX, liquidity, and Coinbase's backing, Base is attracting projects like DIMO and positioning itself as a major player in this rapidly growing sector.

LEANING INTO THE DLP MARKET CAP MOMENT

Vana, a platform for DataDAOs (Data Liquidity Providers), aims to create marketplaces where users can monetize their personal data through secure sharing mechanisms. While the platform emphasizes data sovereignty, widespread adoption will likely be driven by market capitalization momentum, similar to the recent success of AI agent tokens, rather than ideological appeals to data ownership. The ecosystem, exemplified by projects like r/datadao, which allows Reddit users to monetize their content data, is positioned to potentially experience growth through token incentives and improved user experience, with key metrics focusing on the number of new DataDAOs, user onboarding rates, and total market capitalization.

SHARED PRIVATE STATE: THE HTTPS MOMENT FOR BLOCKCHAIN TECHNOLOGY (PART 1)

Shared private state is a new architecture that allows for encrypted yet verifiable data handling while maintaining decentralization. It is powered by programmable cryptography advances, including Fully Homomorphic Encryption and Multi-Party Computation, which allow for computation on encrypted data while preserving privacy. The innovation addresses blockchain's current public-by-default limitation, potentially enabling new forms of secure collaboration and expanding the scope of decentralized applications by allowing sensitive data to be processed on-chain without exposure.

ACTIVE LOANS ON EULER INCREASE

Active loans on Euler Finance have increased by ~40x in the past 90 days, alongside a ~5x increase in monthly active users.

ONCHAIN PHYSICAL INFRA LIVE ON BASE IN 2025

Onchain physical infrastructure launching on Base in 2025 will enable composable networks, like DIMO, to have cars powered by daylightenergy and WorldMobileTeam, where each building block amplifies the ease and scalability of the next.

UPDATE TO ELIZA'S CODEBASE

The ai16zdao team is prioritizing improvements to Eliza's codebase by improving code quality, stability, plugin modularity, testing, and documentation, with new plugin additions temporarily on hold to ensure a cleaner, more robust foundation for future AI agent development.

IDENTIFYING SCAM TOKENS

Rabby Wallet helps protect users from scam tokens by flagging malicious contracts designed to steal assets, providing warnings before transactions to safeguard funds.