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![[English Long Tweet] Bottlenecks and Highlights in the Development of Ethereum Public Goods: A Field Observation on Stagnation](/news-static/client/media/cover-placeholder.101bcc72032a7c4f0a397f15f3252c92.svg)
AI is undoubtedly one of the hottest sectors globally today. From Silicon Valley's OpenAI to domestic players like Moonshot and Zhipu Qingyan, both emerging entrepreneurs and traditional tech giants are joining this AI revolution.
As of September 30, Tether holds 116 tons of gold, making it the largest single gold holder aside from major central banks.
These efforts have enabled the Ethereum mainnet to move from being cautious about increasing the gas limit to now being able to safely raise it all the way up to 60M gas, or even higher.
Ethereum's innovation remains at the forefront, while other chains seem to be merely "replicating" its path, even when it comes to Meme phenomena.
Driven by factors such as the macro environment and expectations of a Federal Reserve rate cut, the cryptocurrency market has temporarily halted its downward trend.
- 12:53Bitcoin financial services company ProCap Financial will be listed and traded on Nasdaq on December 8.Foresight News reported that American investor Anthony Pompliano announced that his bitcoin financial services company, ProCap Financial, has officially completed a merger and acquisition, and will begin trading on an exchange on Monday, December 8, under the stock code BRR. According to previous Foresight News reports, ProCap Financial raised a total of $751 million for its SPAC merger transaction in June this year, including $516.5 million in equity financing and $235 million in convertible bonds. After the merger is completed, the new company will hold $1 billion in bitcoin assets.
- 12:53Machi Big Brother No.2 closes all ETH long positions, earning $1.055 million, a significant pullback from the $5.3 million peak.Foresight News reported, according to monitoring by @ai_9684xtpa, Machi Big Brother's floating profits have been completely given back. Machi No.2 closed the ETH long position that had been held for nearly four days 17 hours ago, ultimately making a profit of $1.285 million, which is a significant pullback compared to the peak of $5.3 million. After closing the position, Machi No.2 opened two more long positions during the decline, both of which ended in losses, giving back nearly $230,000. In total, the three ETH long trades resulted in a cumulative profit of $1.055 million.
- 12:53Prediction market DeFi layer Gondor completes $2.5 million financing, beta version to launch next weekForesight News reported that the prediction market DeFi layer Gondor has announced the completion of a $2.5 million funding round. Gondor will launch its beta version next week, supporting lending with Polymarket positions as collateral and enabling trading with 2x leverage. In the future, leverage will be expanded to 4-5x through cross-margining.