TLDR CryptoDecember 19, 2024

TLDR CRYPTO 2024-12-19

5 sections13 entrieslinks blockcomplete parse

Parse notes

Subscription/account footer truncated before parsefooter_truncated

01MARKETS & BUSINESS

‘NO TO CBDC, YES TO BITCOIN' — EUROPEAN MP CALLS FOR EU BTC RESERVE

European Parliament member Sarah Knafo has called for the EU to establish a strategic Bitcoin reserve while opposing the European Central Bank's digital euro initiative, characterizing the CBDC project as having "totalitarian temptations." Knafo criticized Europe's predominantly regulatory and taxation-focused approach to cryptocurrencies, contrasting it with more crypto-friendly developments in other jurisdictions like El Salvador and potential shifts in US policy. The ECB continues to develop its digital euro project despite these criticisms and privacy concerns, with a final decision on implementation expected by October 2025.

cointelegraph.com2 min read

'WE'RE NOT ALLOWED TO OWN BITCOIN,' FED CHAIR POWELL SAYS IN LIGHT OF TRUMP'S STRATEGIC BITCOIN RESERVE PROMISE

Federal Reserve Chair Jerome Powell stated that the central bank is prohibited from owning Bitcoin and is not seeking legislative changes to alter this restriction. This clarification comes amid President-elect Donald Trump's proposal to establish a strategic Bitcoin reserve, a plan that has garnered support from figures like Senator Cynthia Lummis, who introduced a bill directing the U.S. Treasury to acquire one million Bitcoins over five years.

links.tldrnewsletter.com2 min read

02INNOVATION & LAUNCHES

SYNTHETIX LAUNCHES MULTI-COLLATERAL PERPS ON BASE AMID REVAMP

Synthetix has launched multi-collateral perpetual futures on Base, Coinbase's Layer 2 network, allowing users to trade with tokens like cbBTC and cbETH as collateral. This marks part of a broader revamp, including the debut of its own perpetuals trading app and organizational restructuring to streamline operations.

cointelegraph.com2 min read

KRAKEN'S INK L2 IS LIVE ON MAINNET

Months ahead of schedule, Kraken has launched its L2 built on Optimism Superchain technology. Kraken's testnet was a resounding success with millions of transactions, pressuring the company to release while interest was high. The L2 launched with various infrastructure and app partners.

threadreaderapp.com1 min read

AI-POWERED BASE WHITEPAPER

Eternal AI has released a plan to integrate AI into Base's smart contracts through its AI Kernel to transform traditional rule-based contracts into dynamic systems. The proposed architecture includes a decentralized network of GPU nodes operating under a novel Proof-of-Compute consensus mechanism. Potential applications include intelligent crypto wallets, autonomous oracles, and adaptive DAOs.

x.com15 min read

03GUIDES & TUTORIALS

COINBASE 2025 CRYPTO MARKET OUTLOOK (2 HOUR READ)

Coinbase expects the crypto market to see transformative growth in 2025, building on institutional adoption through ETFs that have already attracted over $30.7 billion in inflows. The expansion of stablecoins, which saw 48% growth in 2024, a more friendly regulatory environment, and the potential Bitcoin Strategic Reserve, promise to make 2025 a watershed year. Major technological innovations, including Layer 2 scaling, RWA tokenization, and wallet abstraction are helping to make crypto ready for mass adoption.

coinbase.com

BUILD YOUR OWN CRYPTO AI AGENT - THE ULTIMATE BEGINNER-FRIENDLY GUIDE

AI agents are shaking up the crypto world by trading, analyzing trends, and even launching tokens like pros. This guide dives into what AI agents are and why they're a game-changer for crypto and walks readers through building one using the Eliza toolkit - no advanced coding required.

x.com8 min read

04MISCELLANEOUS

STABLECOINS WILL SEE EXPLOSIVE GROWTH IN 2025 AS WORLD EMBRACES ASSET CLASS

Stablecoins are set for explosive growth in 2025 as regulatory clarity, mass adoption, and the rise of localized currency-backed options reshape the market. Key drivers include the EU's MiCA framework, growing financial institution involvement, and an expanding role for non-dollar stablecoins.

cointelegraph.com4 min read

THOUGHTS ON DESCI

Thought leader Tarun Chitra shares his thoughts on where genuine value in DeSci lies, acknowledging that a lot of the space is filled with scams. Projects like ResearchHub are reducing the issues with the academic industry and aligning incentives for quality research, and Stadium Science is leveraging decentralized mechanism design via prediction markets to encourage advancements. Chitra bashes projects like Pump Science for raising money and not providing outcomes.