The crypto market is warming up, and CPI data has become a key driver.

Macroeconomics and the crypto market

The latest Consumer Price Index (CPI) data for November released by the U.S. Bureau of Labor Statistics shows that while inflationary pressures have eased, economic growth still demonstrates resilience. This data has triggered market expectations that the Federal Reserve may cut interest rates at next week's meeting, with the probability of a rate cut exceeding 96%.

Affected by this news, the main indices of the US stock market rebounded. The S&P 500 index rose by 0.8%, while the Nasdaq index surged by 1.77%, breaking through the psychological barrier of 20,000 points for the first time. Technology giants' stock prices generally rose, with Tesla's increase nearing 6%, driving companies like Google, Meta, and Amazon to reach new highs.

The crypto market is also warming up. Bitcoin's price rose by 4.5%, breaking through the $100,000 mark again, and Ethereum also surpassed $3,800. The altcoin market has similarly shown a general rebound, returning to levels prior to the recent decline. Data shows that the net inflow of Bitcoin spot ETFs in the U.S. reached $223 million in a single day, and over 970 million USDT have flowed into major trading platforms from the issuer in the past 24 hours, reflecting active market trading and bullish sentiment among investors.

In the segmented market, meme coins and AI concept tokens performed particularly well. Well-known meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) achieved double-digit increases. At the same time, AI-related tokens like NEAR, ICP, and Render also recorded gains of over 10%, showing the market's continued attention to emerging technological applications.

Policy and Regulatory Trends

Former Republican CFTC commissioner Brian Quintenz is rumored to be a top candidate for the chair of the U.S. Commodity Futures Trading Commission (CFTC), which could signal a significant shift in future government encryption regulatory policies. Quintenz currently oversees policy affairs in the digital assets division of a venture capital firm, and his potential appointment has garnered widespread attention from the market. However, relevant parties have yet to make an official response to this rumor.

Decentralized Science (DeSci) Gains Attention Again

The globally renowned scientific journal "Nature" recently reported on the innovative model of the DeSci project ResearchHub. The platform incentivizes academic peer review through its native token RSC, with each paper review earning approximately $150 worth of tokens as a reward. A molecular biology consultant stated that the income he has earned from reviewing papers for ResearchHub has already surpassed his salary when he was a professor at an academic institution.

This report has sparked renewed interest in the DeSci field in the market. According to statistical data, the search popularity of keywords related to DeSci reached a five-year peak at the end of November. Currently, the total market capitalization of industry-leading DeSci tokens has surpassed 1.2 billion USD, highlighting the immense growth potential and market recognition of this field.

DeSci is actively addressing fundamental challenges faced by traditional science, such as funding shortages, data sharing, and collaboration. Its application scope has expanded to advance research, reduce the cost of genetic testing, and treat hair loss, among other specific areas. Despite experiencing some skepticism and a retreat in enthusiasm recently, this field has once again attracted widespread attention following reports from authoritative media such as Nature.

AI-driven LLM Application Framework

A Rust library named Rig is under development, aimed at building scalable, modular, and ergonomically designed LLM-driven applications. This project is built on Rust, natively supports the Solana ecosystem, and features excellent speed, scalability, and security.

The project's roadmap includes: a multi-agent system, specific platform agents (such as Discord, Telegram, Notion, Slack, etc.), agents with on-chain operational capabilities, agents for reading on-chain data, integration with other agent networks, and providing educational content to help developers better understand the platform.

With the deep integration of AI technology and blockchain, projects like Rig are expected to bring more innovative applications and solutions to the Web3 ecosystem.