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Authored by Tom Mitchelhill via CoinTelegraph.com, Ethereum’s Ether has been marred by under-performance over the last 18 months, seeing Bitcoin and a swathe of other alternative layer-1 coins, including the likes of Solana and Sui, dramatically outperforming it. While ETH has gained 88% in the last 18 months, SOL has posted a 1,040% gain, and SUI has rallied 448% in the same timeframe. “ETH got sandwiched in 2024 between two shiny objects: Bitcoin, which attracted a huge amount of institutional interest, and Solana, which gained traction with retail investors. ETH was the odd man out,” Bitwise chief investment officer Matt Hougan told Cointelegraph. However, many crypto pundits believe the election of Donald Trump in the United States and the expected crypto-friendly stance of key agencies under his new administration could mark the turning point for the performance of Ether in the crypto market. After all, the incoming president’s family launched its own decentralized finance (DeFi) project, World Liberty Financial, on the chain. Experts are looking at a swathe of new developments for a bullish stance on ETH heading into 2025, ranging from the demise of “financial nihilism” to a complete overhaul of the US Securities and Exchange Commission, positive regulatory developments, Ether exchange-traded fund (ETF) staking, and increased Commodity Futures Trading Commission (CFTC) oversight of crypto. Alternative layer-1 coins like SOL and SUI have drastically outperformed ETH. Source: TradingView “Ethereum is poised to benefit more [from a Trump win] than other protocols, especially since it’s just a lot bigger and more mature than all the other ecosystems other than Bitcoin, which is mature but narrow in its purview,” Consensys CEO Joe Lubin told Cointelegraph at Devcon 2024 . At the same time, the gloss has started to come off Solana, whose SOL token peaked at an all-time high of $264 a month ago but has since retreated to $192 amid concerns over looming token unlocks. One of the big factors weighing heavily on Ethereum’s price has been the aggressive approach of regulators toward alleged securities violations by ecosystem projects including Uniswap, Consensys, Lido and Rocket Pool. Memecoin projects, meanwhile, have been largely overlooked by the SEC. A related issue is the disillusionment of crypto natives who were dumped on by venture capitalists during the brutal bear market. Many have turned to fair-launch memecoins and other hyper-speculative assets with little utility. Ikigai Asset Management founder and chief investment officer Travis Kling calls this phenomenon “financial nihilism.” In a March 12 essay , Kling said financial nihilism gives little if any importance to “fundamentals” or any notion of an underlying “value proposition.” “Financial Nihilism goes hand in hand with Populism – a political approach that strives to appeal to ordinary people who feel that their concerns are disregarded by established elite groups.” “The underlying drivers of Financial Nihilism and Populism are the same – this system is not working for me, so I want to try something very different (e.g., buy SHIB or vote for Trump),” wrote Kling. However, Ethereum is sold almost entirely on its fundamentals and utility. Advocates repeatedly make the claim that the blockchain network and its ecosystem of layer 2s stand as the future of legitimate, programmable digital money, smart contracts and decentralized financial activity. Saul Rejwan, managing partner of crypto venture capital firm Masterkey, says Trump’s pro-crypto stance could see financial nihilism fall out of favor as legitimate projects are encouraged by regulators rather than hit with endless Wells notices from the SEC. On Dec. 4, Trump tapped pro-crypto businessman and former SEC Commissioner Paul Atkins as his nominee for the next SEC chair , with current Chair Gary Gensler set to resign from the agency on Jan. 20. The SEC will be losing three of its Democratic commissioners under Trump, with Jaime Lizarraga set to leave the agency on Jan. 17 and, more recently, the Senate Banking Committee canceling the renomination vote of crypto-skeptic commissioner Caroline Crenshaw on Dec. 17. As the ruling party, the Republicans would typically appoint a majority of three commissioners, but the rapid-fire resignations and cancellations open the SEC up to a possible line-up of four Republican-appointed, crypto-friendly commissioners if Trump breaks protocol. Rejwan told Cointelegraph that legitimate sectors of the crypto industry, specifically DeFi and decentralized physical infrastructure (DePIN), stand to benefit most from the new administration and a more crypto-friendly SEC. “DeFi projects will thrive under a more favorable regulatory environment. Sectors like restaking just need a little regulatory push to hook institutional investors,” he said. “We expect this new leadership to lower barriers to entry and make it easier for early-stage crypto entrepreneurs and resilient firms to innovate and thrive.” The Gensler-led SEC under the Biden administration has been famously hostile to DeFi, with the regulator bringing Uniswap, the largest decentralized exchange on Ethereum, into its sights earlier this year. The SEC has proposed expanding the definition of what qualifies as an exchange in the Exchange Act of 1934, explicitly arguing it should include crypto market participants in DeFi. Anoop Nannra, CEO of Trugard Labs, said he expects the SEC to undergo a complete overhaul of its enforcement actions and policy directions, saying crypto assets are slated to be classified as “property” under the new administration. “I’ve heard from several people within Trump’s orbit that property rights are a critical issue for this administration and that this is actually going to be the calling card for the Republican party’s position on crypto,” he said. “I expect to see a complete revamp of the SEC's position based on this.” On Dec. 19, the Token Alliance — which incoming SEC Chair Paul Atkins was co-chair of — met with staffers for SEC Commissioners Hester Peirce and Mark Uyeda and issued its list of priorities. It requested that the agency denounce the controversial 2018 “Hinman speech” and formally withdraw a series of rules that deemed DeFi players to be seen as “exchanges” by law. The Token Alliance has asked the SEC to walk back a swathe of anti-crypto policies. Source: The Digital Chamber Nannra said he also expects the CFTC will soften to digital assets as well and that the SEC will engage in more discussions with the CFTC moving forward. “I expect to see the CFTC take a more progressive position on crypto as well, further re-aligning the oversight powers between the SEC and the CFTC,” Nannra said. Many pundits believe that the Financial Innovation and Technology for the 21st Century Act (FIT21) — a bill that was passed through the House in May — would be central to the alignment of the CFTC and the SEC on crypto. In short, the bill sought to introduce a federal framework for crypto regulation, pull back some of the SEC’s authority over digital assets, and hand over regulation of spot crypto markets to the CFTC instead. Because Ether has also been deemed a commodity by the CFTC, several pundits have previously asserted that FIT21 could be highly beneficial for Ethereum from a policy perspective. But now, with the change in the regulatory landscape, it raises the question of whether or not the FIT21 bill would be necessary or even desirable anymore. The bill may end up becoming just an unnecessary policy bargain made during a hostile time for crypto assets. In a Nov. 15 client alert, lawyers from legal firm Brownstein noted the bill had stalled but would likely “serve as the starting point for legislative efforts in the new Congress.” Regardless of whether FIT21 passes, Trump is reportedly considering handing the CFTC oversight over crypto during his upcoming term, which would also classify most crypto projects as commodities if they meet certain criteria. If the CFTC is given regulatory control of crypto, it could come as a win for the industry, which has long signaled that the agency would be its preferred regulator — with the CFTC widely seen as having a “lighter touch” on regulation. Crypto lawyer Robert Nupp told Cointelegraph that the launch of the Trump dynasty’s World Liberty Financial was one the biggest “soft” endorsements of Ethereum, DeFi and real-world crypto projects. It has already purchased millions of dollars worth of ETH, Chainlink LINK $22.18 and Aave AAVE $326.14 . Nupp believes many within crypto are actually underestimating the positive impact of Trump on the industry. Source: Lookonchain According to Nupp, Trump is using World Liberty Financial as a beacon to show the world exactly how he intends to deal with crypto when he becomes president. “He’s basically signaling to the world that it’s okay to do this going forward in his administration,” he said. Nupp also tipped the Trump administration to move extremely quickly on crypto, pointing out Trump’s close ties with Elon Musk and the appointment of David Sacks as crypto and AI czar as evidence of the pace he will set. SEC Commissioner Peirce has already flagged the potential of revisiting decisions to block in-kind redemptions for crypto ETFs and to add staking for the Ether ETFs. “If it changes from a majority of commissioners who don’t want things to go through to a majority of commissioners who do want things to go through, then yeah, it’s easier,” she said . The ETF issuers — including Fidelity, 21Shares, and Franklin Templeton — have all requested the addition of staking, which currently yields approximately 3.1% per year, according to Staking Rewards. “We believe, under a new Trump 2.0 crypto-friendly SEC, ETH staking yield will likely be approved,” Bernstein said , predicting that growing network activity on Ethereum could see rewards “juice up” to 4%–5%. Ethereum boasts a 3.11% staking reward rate as of Dec. 24. Source: Staking Rewards It doesn’t take much to connect the dots on why an ETF offering native yield would be bullish for the underlying asset, particularly in an economic landscape where the US Federal Reserve is looking to drop interest rates further in 2025. “In a declining rate environment, ETH yield can be quite attractive. The yield feature in ETFs would also leave some spread for asset managers,” Bernstein said, adding that this would improve ETH’s economics and introduce further incentives to push ETH ETFs to institutional investors.Arsenal moved up to second in the Premier League and within six points of Liverpool after a largely trouble-free, if slightly pedestrian, 1-0 win at home to struggling Ipswich Town on a chilly night in North London. A first-half goal from Kai Havertz, who pounced on a smart pull-back from Leandro Trossard, proved the winner although the hosts should have scored more goals as the Gunners' performance failed to provide many pre-New Year fireworks. Lacking the creativity of the injured Bukayo Saka, it took 19 minutes before Arsenal mustered their first shot although four minutes after that Havertz netted his sixth of the season in all competitions by tapping in Trossard's whipped cross. Ipswich had a spell of pressure after 10 minutes of the second half but it proved fleeting and Arsenal should have comfortably put the game to bed after that. Defender Gabriel Magalhaes missed a golden opportunity to extend his run of scoring from corners when he headed just wide when completely unmarked. Captain Martin Odegaard then blazed over after he danced from midfield into the visitors box. Brighton settle for draw Brighton & Hove Albion were held to a 0-0 draw with Brentford in a mid-table clash after dominating the match but lacking a finishing touch. Fabian Hurzeler's hosts extended their winless run to six games and are 10th in the table with 26 points after 18 games, two points ahead of 11th-placed Brentford who are still without an away victory this season. Brighton peppered Mark Flekken's goal with shots all night after Julio Enciso set the tone in the fifth minute when Joao Pedro, with his back to goal, laid the ball off for the Paraguay international, who clattered his shot off the woodwork. It was a sign of things to come for the 20-year-old Enciso, whose eight shots in the first half were the most by a player in the first half of a Premier League game since Luis Suarez's eight for Liverpool against Aston Villa in March, 2013. Brentford's Yoane Wissa celebrated what he thought was a sumptuous goal against the run of play in the first half when he latched onto Mads Roerslev's through ball on the counter and fired into the top corner but it was ruled out for offside. Flekken limped off late in the first half with a hamstring injury, which could have been costly with Brighton having had 15 shots to the visitors' two. However, back-up Hakon Valdimarsson and a resolute defence limited Brighton to a point. Brentford fans shouted for a red card when Joao Pedro threw an elbow near Yehor Yarmoliuk's head in the second half after the Ukrainian dragged him back. But a lengthy VAR check ruled there was no violent conduct as Joao Pedro made no contact. - Reuters
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On Saturday night, the Golden State Warriors lost to the San Antonio Spurs, 104-94. The Warriors led by double digits for most of the third quarter, but a 40-13 run by San Antonio closed out the game and handed the Warriors their fourth loss of the season. Superstar Stephen Curry was outplayed by rookie Stephon Castle on both ends of the court and the Warriors simply couldn't hang with San Antonio's defense, but in the grand scheme of things, one loss does not make for a ruined season. At 12-4 with a win over the Oklahoma City Thunder, the Warriors are still in first place in the Western Conference. Javascript is required for you to be able to read premium content. Thanks for the feedback.
Two senior members of the federal cabinet were in Florida Friday pushing Canada’s new border plan with Donald Trump’s transition team, a day after Trudeau himself appeared to finally push back at the president-elect over his social media posts about turning Canada into the 51st state. Both Trudeau and former Bank of Canada governor Mark Carney, who Trudeau has been courting to become Canada’s next finance minister, shared posts on X Thursday, a day after Trump’s latest jab at Canada in his Christmas Day message. It isn’t clear if Finance Minister Dominic LeBlanc, who has repeatedly insisted Trump’s 51st state references are a joke, will raise the issue with Trump’s team when he and Foreign Affairs Minister Mélanie Joly meet with them in Palm Beach. The two are there to discuss Canada’s new $1.3 billion border plan with just under four weeks left before Trump is sworn in again as president. He has threatened to impose a new 25 per cent import tariff on Canada and Mexico the same day over concerns about a trade imbalance, as well as illegal drugs and migration issues at the borders. The broad strokes of Canada’s plan were made public Dec. 17, including a new aerial intelligence task force to provide round-the-clock surveillance of the border, and improved efforts using technology and canine teams to seek out drugs in shipments leaving Canada LeBlanc’s spokesman, Jean-Sébastien Comeau, said the ministers will also emphasize the negative impacts of Trump’s threatened tariffs on both Canada and the U.S. Comeau said the ministers will build on the discussions that took place last month when Trudeau and LeBlanc met Trump at Mar-a-Lago just days after Trump first made his tariff threat. It was at that dinner on Nov. 29 when Trump first raised the notion of Canada becoming the 51st state, a comment LeBlanc has repeatedly since insisted was just a joke. But Trump has continued the quip repeatedly in various social media posts, including in his Christmas Day message when he said Canadians would pay lower taxes and have better military protection if they became Americans. He has taken to calling Trudeau “governor” instead of prime minister. Trudeau had not directly responded to any of the jabs, but on Thursday posted a link to a six-minute long video on YouTube from 2010 in which American journalist Tom Brokaw “explains Canada to Americans.” The video, which originally aired during the 2010 Vancouver Olympics, explains similarities between the two countries, including their founding based on immigration, their trading relationship and the actions of the Canadian Army in World War 2 and other modern conflicts. “In the long history of sovereign neighbours there has never been a relationship as close, productive and peaceful as the U.S. and Canada,” Brokaw says in the video. Trudeau did not expand about why he posted a link to the video, posting it only with the words “some information about Canada for Americans.” Carney, who is at the centre of some of Trudeau’s recent domestic political troubles, also called out Trump’s antics on X Thursday, calling it “casual disrespect” and “carrying the ‘joke’ too far.” “Time to call it out, stand up for Canada, and build a true North American partnership,” said Carney, who Trudeau was courting to join his cabinet before Chrystia Freeland resigned as finance minister last week. Freeland’s sudden departure, three days after Trudeau informed her he would be firing her as finance minister in favour of Carney, left Trudeau’s leadership even more bruised than it already was. Despite the expectation Carney would assume the role, he did not and has not made any statements about it. LeBlanc was sworn in as finance minister instead the same day Freeland quit. More than two dozen Liberal MPs have publicly called on Trudeau to resign as leader, and Trudeau is said to be taking the holidays to think about his next steps. He is currently vacationing in British Columbia.One particular moment in the game highlighted Peyton's defensive prowess. With the score tied and less than two minutes remaining, the Bulldogs were looking to set up Edwards for a potential game-winning shot. As Edwards tried to drive to the basket, Peyton anticipated his move, expertly stripping the ball from his hands and igniting a fast break for the Knights. This crucial steal not only prevented the Bulldogs from taking the lead but also swung the momentum in favor of the Knights.
The anticipation surrounding the announcement speaks to the allure of the society itself - a place where the elite come to socialize, network, and sometimes even find love. Its members are no strangers to the spotlight, often finding themselves at the center of gossip and speculation. For many, being part of the D Society is not just about social status, but also about the connections and relationships that are formed within its exclusive walls.Additionally, the regulations stipulate the establishment of a centralized database to track and monitor all procurement activities. This database will record all transactions, contracts, and delivery schedules, providing real-time information on the progress of each procurement project. By centralizing this information, the authorities can quickly identify any irregularities or delays and take immediate action to rectify them.
As one of the most important institutions in the Chinese political system, the Central Commission for Discipline Inspection plays a key role in upholding party discipline and ensuring the integrity of party members. The Fourth Plenary Session of the 20th CCDI is expected to focus on a range of topics, including enhancing supervision and accountability mechanisms, promoting transparency and integrity in governance, and rooting out corruption at all levels of the party.
Looking ahead, Ma painted a compelling vision of a future where AI serves as a force for good, enabling humanity to address pressing global challenges and unlock new areas of exploration and discovery. He called on industry leaders to collaborate and innovate in harnessing the full potential of AI to drive positive change and sustainable growth.Title: "How Much is Rashford Worth? A 27-Year-Old with a Weekly Salary of £300,000 and a Market Value of €60 Million, with 4 Years Left on His Contract"
Ex-Jets general manager Mike Tannenbaum will help team find next coach and GM
In conclusion, Dr. Park expressed her gratitude for being recognized with the Karlinga Award and reiterated her commitment to continue promoting the joy and wisdom of science to the public. "I am honored to receive this prestigious award, but the real reward lies in seeing the impact of science communication on individuals and communities," she said. "My mission is to make science accessible, engaging, and empowering for all, and I am grateful for the opportunity to share the wonders of the universe with the world."
Breakthrough in scalable production of high-quality organoids November 25, 2024 Pohang University of Science & Technology (POSTECH) Introducing the innovative 'UniMat' platform utilizing 3D engineered nanofiber membrane. Facebook Twitter Pinterest LinkedIN Email A research team led by Professor Dong Sung Kim and researcher Dohui Kim from the Department of Mechanical Engineering at POSTECH (Pohang University of Science and Technology) has successfully developed a platform capable of scalable, uniform production of organoids that mimic biological functions. The project was carried out in collaboration with Professor Tae-Eun Park and researcher Hyeonji Lim from the Department of Biomedical Engineering at UNIST (Ulsan National Institute of Science and Technology). This groundbreaking research has recently been published in the online edition of Nature Communications . Organoids are three-dimensional cellular constructs that replicate the functions of human organs, attracting significant attention in the fields of human organ development, disease modeling, and regenerative medicine research. However, the heterogeneity and low reproducibility of organoids present challenges for their scalable production, limiting their practical application in clinical trials and drug development processes. Additionally, current technologies face limitations in producing organoids at scale, falling short of meeting industrial demands. To address these challenges, the research team has developed a platform called UniMat (Uniform and Mature Organoid Culture Platform), which enables the scalable production of mature organoids. This platform is implemented using a three-dimensional engineered membrane made of extremely fine nanofibers -- about 1/200 the width of a human hair -- providing a structural environment that allows for uniform organoid formation while also enhancing nutrient and differentiation factor delivery through material permeability, which is crucial for organoid differentiation and maturation. Using UniMat, the team successfully produced kidney organoids featuring nephron structures and blood vessels similar to those found in human kidneys from human-induced pluripotent stem cells, achieving consistent quality and greatly improving production efficiency. Furthermore, they used UniMat to establish a polycystic kidney disease model, demonstrating the potential for standardized organoid-based disease modeling and drug evaluation. Professor Dong Sung Kim of POSTECH, who led the research, explained the significance of the study: "Through these research outcomes, we not only accelerate organoid-based R&D that requires high reproducibility and reliability, but we also expect to make significant contributions to the development of animal alternative testing methods, which are gaining increasing attention. By addressing both the quality assurance and scalable production challenges of organoids with UniMat, we have laid the foundation for the practical application of organoids in clinical and pharmaceutical industries." This research was supported by the Bio & Medical Technology Development Program, Mid-Career Researcher Program, and Young Researcher Program funded by the National Research Foundation of Korea and the Ministry of Science and ICT, as well as the Alchemist Project funded by the Ministry of Trade, Industry and Energy. Story Source: Materials provided by Pohang University of Science & Technology (POSTECH) . Note: Content may be edited for style and length. Journal Reference : Cite This Page :With Lindelof set to make his return in the Europa League midweek clash, Manchester United will be looking to secure a positive result and advance in the competition. The experience and leadership that Lindelof brings to the team will be invaluable as they aim to progress further in the tournament.