Attention Economy Market Analysis

Macroeconomic Environment

Former senior Federal Reserve officials believe that Trump's re-election will not affect economic stability.

Former Federal Reserve Vice Chair Quarles recently stated that even if Trump returns to the White House, it would not threaten the independence of the Federal Reserve, inflation levels, or the labor market. He pointed out that there is a misunderstanding among the public regarding the independence of the Federal Reserve, emphasizing that the president has the right to express opinions on Federal Reserve policies, but this does not equate to interfering with its independence.

Quals expects that if Trump is elected, there could be large-scale illegal immigrant deportations, but this will not have a significant impact on the labor market. He also mentioned that the tariff policy itself would not directly trigger inflation; instead, it might encourage the Federal Reserve to lower interest rates.

These remarks come just as the consumer price index report is about to be released. It is expected that the report may show only a slight cooling of potential inflation in the U.S. by the end of 2024, against the backdrop of a strong job market and a robust economy, which could influence the Federal Reserve's future rate-cutting decisions.

Web3 Field Dynamics

Ethereum has clear long-term advantages, while Solana's short-term performance is impressive.

A recent outlook report for 2025 published by a well-known asset management company points out that Ethereum has significant advantages in long-term development, while also affirming the rapid growth of Solana. The report emphasizes that Ethereum's strong fundamentals, including an active developer community, total locked value (TVL), and stablecoin supply, support its long-term development prospects.

Although Solana outperforms in terms of revenue and TVL growth rates, the report suggests that most of its revenue comes from Meme coin trading, which is seen as a cyclical trend that performs well in bull markets but may weaken in bear markets. The report further points out that Solana's reliance on Meme coins is similar to Ethereum's use of certain DEXs, but it believes that Ethereum's fundamentals are less correlated with speculative behavior, making it more stable in the long run.

The report also mentioned that both networks plan to undergo significant upgrades. Solana's Firedancer upgrade aims to greatly enhance transaction speed, while Ethereum's Prague/Electra (Pectra) upgrade focuses on improving functionality, scalability, and user security. However, the report suggests that the Pectra upgrade may not generate widespread interest in the community, as it does not have a direct impact on the value proposition of ETH from an investment perspective.

Hot Topics

Italy's largest bank invests in Bitcoin for the first time.

Italy's largest banking group has entered the cryptocurrency space for the first time, purchasing 11 bitcoins worth approximately 1 million euros. This news initially circulated on online forums and was later confirmed by the bank's official statement. Although the bank has confirmed the transaction, it did not disclose the investment motivation or future cryptocurrency strategy.

The bank has already ventured into the blockchain and cryptocurrency field, and last July, it collaborated with another financial institution to pilot the issuance of digital bonds worth $27.2 million on a public blockchain.

The trend of large institutional investors buying Bitcoin is becoming increasingly apparent. A certain software company, as a pioneer of this trend, has been continuously purchasing Bitcoin for 10 weeks. Other institutions, such as Metaplanet, known as the "Asian version of MicroStrategy," are also actively following suit, recently acquiring 237 Bitcoins at a price of $95,972.

Bitcoin price rebounds to $94,000, with positive policy expectations.

As news broke that Trump may sign an executive order supporting cryptocurrency on his first day in office, the price of Bitcoin rebounded to $94,000. These orders could overturn some key regulatory measures, including a requirement from a regulatory agency that companies holding customer cryptocurrency record these assets as liabilities on their balance sheets.

According to media reports, these orders are expected to address the major challenges faced by the cryptocurrency industry, such as banking restrictions and other issues. The current policies make it more expensive and risky for banks to hold cryptocurrencies, so they are less likely to offer cryptocurrency custody services to customers.

With this news breaking, the cryptocurrency market saw a strong rebound, with Bitcoin bouncing back from $89,000 to $95,000; Ethereum also recovered from below $3,000 to $3,100.

Hot Narrative

ANIME token is about to be launched: 50.5% allocated to the community

The ANIME token is scheduled to be issued on the Ethereum and Arbitrum platforms in January 2025, with 50.5% of the tokens allocated to the community. ANIME aims to drive the transformation of the anime ecosystem through collaboration with decentralized brands, creating a community-owned creative economy, with the goal of providing participation opportunities for over 1 billion anime enthusiasts.

Community members participating in the token claim include several well-known projects. A certain well-known NFT project has also announced a collaboration with the Animecoin Foundation to jointly promote the construction of an open anime universe. This NFT project showcases the unique value of Web3 for intellectual property incubation through decentralized brand building, creating numerous sub-communities, hosting global events, and rich fan creations.

As a result of this news, the NFT project series works have generally risen, with the main series increasing by 17.45% in a single day, while the derivative series has risen even more by 22.86%.

Hot Projects

AICC: A Rising Star in the AI Field

AICC is a project launched by a team of members from several tech giants and investment institutions. The project is positioned as a DAO that focuses equally on investment and development, dedicated to promoting decentralized, open-source AI development and supporting promising projects within different ecosystems.

The team is developing the first AI agent, and more details are expected to be announced soon. The project has invited a certain organization for consultation and has transferred 100% of the AICC tokens into the organization's fund pool. At the same time, there are plans to use 30% of the AICC tokens to create liquidity pairs, and the generated fees will be used to fund ecosystem initiatives and incentivize developers. The remaining 70% of the AICC tokens have been locked in a custody contract and will be released linearly over the next year.