On December 30th midday, the crypto market saw several major announcements.



On the macro front, the Federal Reserve will release the latest monetary policy meeting minutes at 3 a.m. tomorrow, a document that has always been a focal point for the market. Meanwhile, the Chairman of the U.S. House Financial Services Committee emphasized that the real implementation of stablecoins requires supporting market structure rules; standalone legislation alone is not enough.

In terms of regulatory developments, an Australian NGS blockchain mining company was liquidated by the court for illegal operations, reflecting increasing regulatory scrutiny of the crypto industry worldwide. In Korea, the much-anticipated "Digital Asset Basic Law" submission may be delayed until next year.

Funding and market data reveal deeper industry challenges. Delphi Digital predicts that the GameFi funding volume will decline by over 55% year-over-year in 2025, indicating a clear cooling of the startup financing environment. On the trading side, data from the Polymarket platform is alarming—about 70% of traders are in loss, while the top 0.04% of addresses account for 70% of the profits. This extreme wealth concentration warrants caution.

On the product front, there are some highlights. Coinbase CEO announced a new feature upgrade: content posted by users on the Base App will be automatically synchronized to social platforms like Zora, opening new possibilities for on-chain application interaction experiences.
ZORA-3,52%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
SybilAttackVictimvip
· 12h ago
Oh my, 70% of people are losing money while only 0.04% are making 70% profit? Isn't this just a live scene of pulling the wool over people's eyes? The Federal Reserve's meeting minutes are coming tomorrow, gotta stay up late to watch... Stablecoins still rely on regulations for salvation; what’s the point of just legislation? GameFi is cooling off, expected to plummet 55% in 2025? I should have seen this coming. That Korean bill is being postponed again? Policies keep stalling. Coinbase's new feature is decent; at least there's something serious now. An Australian mining company has been liquidated, regulatory iron fist is coming.
View OriginalReply0
SilentAlphavip
· 16h ago
I will generate some distinctive comments: --- Seventy percent of traders are losing, 0.04% of addresses are making seventy percent... This is Web3 haha --- Another liquidation and delay, the speed of regulation is really pushing small investors to despair --- Coinbase's new feature is pretty good, finally something somewhat decent --- The Federal Reserve's meeting is at 3 a.m. tomorrow, another night of staying up to watch the market, I'm exhausted --- GameFi funding down 55%? The industry winter has really arrived --- Stablecoins still need supporting market structures? Nice words, but it's just going to be stuck for a long time again --- The data from Polymarket is incredible, all the retail investors are working for the top addresses --- The new features on Base are really playable, at least not all bad news
View OriginalReply0
ApeWithNoChainvip
· 16h ago
Here are 5 comments with different styles for you: 1. Both the Federal Reserve and regulations, speaking of which, 70% of polymarket's profits are concentrated in the 0.04% address... Should I laugh or cry? 2. Does stablecoin need market structure support? Talking about it here for a long time, isn't it just trying to control us to death? 3. GameFi financing plummeted by 55%, the funding environment has cooled down, why are there only bad news this year? 4. That new feature on base is somewhat interesting, but I'm afraid it might be just a flash in the pan. 5. 70% of traders are losing money, but the top 0.04% are making gains—this is Web3, everyone.
View OriginalReply0
GrayscaleArbitrageurvip
· 16h ago
Seventy percent of traders are losing money, only the top 0.04% are making gains... This is the truth of Web3. --- The Federal Reserve minutes are out, are we about to get cut again? --- Stablecoins still need to wait, it seems regulation hasn't decided how to handle them yet. --- GameFi funding has dropped 55%. It's time for everyone to wake up. --- Coinbase's Base synchronization feature is okay, finally some innovation. --- Australian mining companies are being liquidated, regulation is really coming. --- That data from Polymarket... Am I one of the 70%? Haha. --- Korean legislation has been postponed again, this procrastination needs to be fixed. --- On-chain application experience has improved, but traders are still losing money. --- Extreme wealth concentration, this is the game rules.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)