This Week's Web3 Highlights Review

Macroscopic Perspective

Bitcoin Trend Analysis and Investment Advice

Bitcoin recently broke through the $110,000 mark and formed a golden cross pattern, but historical experience suggests this may signal a downturn. Investors should exercise caution and closely monitor market trends.

South Korea's political changes trigger expectations for cryptocurrency policies

With Lee Jae-myung's election, the political landscape in South Korea has changed, and the national policy direction towards crypto assets may undergo significant adjustments. This change has sparked widespread imagination in the market regarding the development of South Korea's crypto ecosystem.

Singapore's cryptocurrency regulations tighten

The Monetary Authority of Singapore has issued 33 licenses for digital payment token service major payment institutions, marking the end of the era of regulatory arbitrage in the region, and presenting new challenges and opportunities for the cryptocurrency industry.

The Bitcoin reserve strategy of listed companies raises concerns.

Some listed companies have followed a certain technology company in buying large amounts of Bitcoin, but the leverage risks behind the high premiums have raised concerns among industry insiders, and it may replay the script of Grayscale's GBTC "explosion".

Gold Price Forecast Report

An annual report released by an investment company predicts that by the end of 2030, the price of gold may reach 8,900 USD. The report also points out that the market value of Bitcoin may reach 50% of that of gold.

AI and Meme Coin Dynamics

Solana ecosystem risk aversion sentiment is rising

Rumors of a certain platform issuing tokens have triggered a decline in MEME coins within the Solana ecosystem, leading to a rapid increase in market risk aversion, which is testing the stability of the ecosystem.

AI training platform Flock analysis

Flock is seen as a combination of multiple AI-related projects, providing new possibilities for AI application development.

Changes in Meme Coin Investment Logic

From the decline of pure Meme coins to the rise of income capture models, the logic of cryptocurrency investment is changing. Investors need to adapt to the new market environment and investment strategies.

Emerging Projects and Opportunities

Stablecoin Exclusive Blockchain Plasma

The Plasma project raised over $24 million, aiming to create a sidechain on the Bitcoin blockchain that is compatible with the Ethereum Virtual Machine, providing a dedicated ecosystem for stablecoins.

Solana Identity Authentication Service

Solana has launched an AS identity authentication service, which differs from oracles and mainly focuses on off-chain "subjective or conditional trust" authentication.

BNB Chain ecological opportunities

The BNB Chain ecosystem has recently shown strong growth, and potential investment opportunities are worth noting.

NFT trading platform token issuance

A well-known NFT trading platform has announced the issuance of tokens, which may further stimulate the activity level of the NFT market.

Industry Trends

Trend of Cryptocurrency Companies Going Public

Currently, there are 45 crypto-related companies listed on traditional stock markets, indicating a trend of integration between the crypto industry and traditional finance.

Ethereum Foundation organization adjustment

The Ethereum Foundation has publicly announced its first layoffs and is undergoing organizational restructuring to address external concerns regarding its technical direction, collaboration efficiency, and governance centralization.

Web3 dark pool trading discussion

The founder of a trading platform proposed the idea of building a dark pool perpetual contract DEX, attracting market attention to dark pool trading.

Mergers and Acquisitions in the Cryptocurrency Industry

This year, there have been 5 major mergers and acquisitions in the cryptocurrency industry, reflecting the trends of industry consolidation and capital flow.

Injective ecosystem growth

The Injective public chain has recently seen a surge in data, with a net inflow of approximately $142 million in the past 30 days, second only to Ethereum, attracting market attention.

Important News

• An analysis report from a trading platform believes that the recent pullback of Bitcoin may be a "healthy reset".
• Beijing Public Security has innovated a mechanism for the disposal of tokens involved in cases, selling them through compliant exchanges in Hong Kong and remitting the proceeds to the national treasury.
• Federal Reserve officials express opposition to CBDC, believing stablecoins are merely payment tools.
• The Ethereum Foundation reorganizes its R&D team, focusing on three strategic goals.
• JPMorgan plans to offer cryptocurrency ETF financing services for clients.
• The Moscow Exchange in Russia has launched Bitcoin futures trading for qualified investors.
• The Hong Kong "Stablecoin Regulation" will come into effect on August 1st.