1. Market Trends and Hot Events

1. Market Overview

Macroeconomics

The U.S. November inflation data was released, with strong performance from technology stocks, and the Nasdaq reached a historic high. On December 12, the U.S. Bureau of Labor Statistics published the November Consumer Price Index (CPI), showing a year-on-year increase of 2.7% and a month-on-month increase of 0.3%. The core CPI remained at 3.3% year-on-year, with a month-on-month growth of 0.3%. This data has raised market expectations for an imminent interest rate cut by the Federal Reserve, with the probability of a rate cut exceeding 96%.

As a result, major U.S. stock indices generally rose. The Dow Jones Industrial Average dipped 0.2%, the S&P 500 rose 0.8%, and the Nasdaq surged 1.77%, breaking through 20,000 points for the first time. Tech giants like Tesla, Google, Meta, and Amazon saw their stock prices hit new highs. Crypto-related stocks also performed well, with MicroStrategy rising over 9%.

cryptocurrency market

The cryptocurrency market is overall recovering. Bitcoin has risen by 4.5%, breaking the $100,000 mark again, while Ethereum has surpassed $3,800. Altcoins are generally rebounding. Data shows that the net inflow of Bitcoin spot ETFs in the U.S. on that day was $223 million, with over 970 million USDT flowing into exchanges within 24 hours, indicating active market trading.

In the meme coin sector, Dogecoin and Shiba Inu coin have seen increases of over two digits. AI concept tokens such as NEAR, ICP, and Render have also achieved gains of over 10%, indicating the market's ongoing interest in emerging sectors.

2. Hot Events

Regulatory Trends

Former Republican CFTC Commissioner Brian Quintenz is expected to become the chairman of the CFTC. This could signify a significant shift in cryptocurrency regulatory policy under the Trump administration. Quintenz is currently responsible for policy affairs at the digital assets division of venture capital firm Andreessen Horowitz, a16z Crypto. This news has sparked widespread attention in the market, but the parties involved have not commented on it.

Decentralized Scientific Development

Nature reported on the DeSci project ResearchHub. This platform incentivizes academic peer review through the native token RSC, with each paper review earning approximately $150 worth of tokens. Some scientists have stated that the income from reviewing papers has exceeded their salaries as professors. This model provides new economic opportunities for some individuals.

After the news was released, the price of RSC surged. It rose by 22.7% within 24 hours, reaching a high of $1.04.

3. Industry Trends

The popularity of decentralized science (DeSci) is rising again. Google Trends data shows that the search interest for this keyword reached a five-year high at the end of November. DeSci is addressing issues such as funding shortages and data sharing in the traditional scientific field, with applications spanning multiple areas including research advancement and reduction of gene testing costs.

Despite facing skepticism, DeSci has regained attention with the report on ResearchHub by Nature. Currently, the total market capitalization of DeSci tokens has surpassed $1.2 billion, demonstrating significant growth potential and market recognition.

2. Focus on Hot Projects

$arc Project

• Developing Rig, which is a Rust library for building scalable, modular LLM-driven applications.
• $arc is the token of the founder of the rig framework.
• Built on Rust, native to Solana, with excellent speed, scalability, and security.
• The development roadmap includes: multi-agent systems, specific agency platforms, on-chain operational capabilities, on-chain data reading, integration with other agency networks, developer education content, etc.

3. Market Sector Analysis

Performance of Hot Sectors

• The AI sector performed outstandingly, with a 24-hour increase of 10.96%.
• The DeFi, public chain, and NFT sectors are also showing an upward trend.
• Stablecoins and storage sectors are relatively stable

Performance Within the Sector

• In the AI sector, RLC, OCEAN, and FET have shown significant gains.
• In the DeFi sector, AAVE, UNI, and MKR are leading the gains.
• In the public blockchain sector, NEAR, ICP, and ATOM performed well.