Hot Topics:
• AI Agents continue to attract users and capital.
• Base Network TVL rises to $11.47 billion, hitting a new high.
• Ethereum surpasses $3,600 for the first time in six months, driving a broad rally in Ethereum ecosystem tokens.
Market Environment
This week, BTC prices corrected after reaching new highs, currently trading above $90,000 at $95,500. The ETH/BTC ratio has been rebounding steadily, hitting a low of 0.0318 and currently at 0.037. Ethereums price surge this week has fueled significant gains across Ethereum ecosystem tokens, including $LDO, $ENA, $EIGEN, $ENS, $ARB, and $OP.
Stablecoin market capitalization has reached $191.622 billion, up by $5.132 billion compared to last week.
Fueled by the AI Agent craze, substantial capital inflows have driven Base Network assets to exceed $11.43 billion, making it the second-largest Ethereum Layer 2 solution by total value locked (TVL).
Policy & Regulation Update
Italy Trims Proposed 42% Digital Asset Tax: https://news.wikibit.com/en/202411273584924299.html
Philippines Tightens Reporting Requirements for Virtual Asset Service Providers: https://news.wikibit.com/en/202411281034701246.html
Security Incident Tracking
Pump Science Key Leak Sparks Token Fraud Concerns:https://news.wikibit.com/en/202411273864564494.html
ZachXBT: Over $3.5M Stolen in Recent Hacks Targeting McDonalds, Kabosu Owner, and Other Social Media Accounts:https://news.wikibit.com/en/202411288044739592.html