Gate Research: Trump Family Ventures into Ethereum Ecosystem, Aave Protocol Achieves Record-High TVL

Gate Research Daily Report: On December 13, BTC experienced a 1.10% decline over 24 hours, reaching a peak price of $102,503 and currently trading at $99,994. Altcoin sectors such as RWA (Real World Assets), Oracle, and Lending/Borrowing Protocols saw gains of 18.3%, 17.6%, and 10.7%, respectively. U.S. Producer Price Index (PPI) and initial jobless claims data exceeded expectations, raising the probability of a 25-basis-point rate cut in December to 96.7%. Grayscale launched trust funds for Optimism and Lido. A Republican representative from Texas proposed a bill to establish a strategic Bitcoin reserve. The Trump family’s cryptocurrency initiative expands its focus on DeFi, increasing holdings in ETH, AAVE, and LINK. The Avalanche Foundation secured $250 million through a private token sale to support its blockchain platform.

Market Analysis: BTC has dropped 1.10% in the past 24 hours, reaching a peak price of $102,503 and currently trading at $99,994.
Top Performers: Altcoin sectors such as RWA, Oracle, and Lending/Borrowing Protocols have seen gains of 18.3%, 17.6%, and 10.7%, respectively.
Data Highlights: U.S. PPI and initial jobless claims data exceeded expectations, with the probability of a 25-basis-point rate cut in December reaching 96.7%.
Spotlight Analysis: Grayscale launched trusts for Optimism and Lido, focusing on the governance tokens OP (Optimism Protocol) and LDO (Lido DAO), respectively.
Market Opportunities: Moonveil is developing a public blockchain for gaming and ecosystem based on Polygon's zkEVM technology. Its first game, AstrArk, has attracted over 870,000 users for testing.

Explore today's details 👉🏻 Gate Research: Trump Family Ventures into Ethereum Ecosystem, Aave Protocol Achieves Record-High TVL

Gate Research
Gate Research is a comprehensive blockchain and crypto research platform, providing readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.

Click the Link to learn more

**Gateway to Crypto** Trade over 3,100 cryptocurrencies safely, quickly, and easily on Gate

• Visit our Official Website
• Download Gate App / Web now
• Follow us on Gate X (Twitter) to get more bonuses
• Join our Telegram to discuss hot topics
• Join our Global Community to get more updates
• We provide 100% proof of reserve>>>
• Sign up to enjoy max. $6666 in rewards exclusively for new users
• Get 40% commission from referrals

Gate Team
December 14th, 2024