Crypto Assets Market Weekly Report

This week’s Crypto Assets market is rich in dynamics, with several hot events worth paying attention to.

Market Overview

After the Bitcoin price broke through $110,000, a correction occurred, with some analysts suggesting this is a “healthy reset” rather than a collapse. The Ethereum Foundation is restructuring, forming a “Protocol” team focused on three strategic goals. Singapore’s financial regulations are tightening, and many crypto assets companies are beginning to “retreat”.

Key Events

• A trading platform acquired Bitstamp for $200 million, and mergers and acquisitions in the Crypto Assets industry are active.
• A stablecoin issuer successfully went public, and its stock price triggered circuit breakers multiple times.
• Musk and Trump exchanged explosive information on social media, worsening their relationship.
• The new president of South Korea proposed encryption-friendly policies, sparking market imagination.
• Beijing police innovate the mechanism for handling tokens involved in cases, selling them through compliant exchanges in Hong Kong.
• The Moscow Exchange in Russia launches Bitcoin futures for qualified investors.

Industry Trends

1. The fusion of AI and Crypto Assets accelerates, with new training platforms like Flock emerging.
2. The popularity of Meme coins is cooling down, and income capture is becoming the new investment logic.
3. Crypto companies seek to go public, with 45 companies already listed on the US stock market.
4. The regulation of stablecoins is gradually becoming clear, and Hong Kong will implement new regulations in August.
5. The infrastructure such as Web3 identity authentication continues to improve.

Investment Opportunities

• BNB Chain ecosystem projects are worth paying attention to.
• Hardware wallets and other assets in the self-custody sector attract capital attention
• Dark pool trading and other new DEX models may present opportunities
• Established public chains like Injective are regaining market attention.

Overall, the crypto market is still in a consolidation phase, but the long-term positive trend remains unchanged. Investors need to be aware of short-term volatility risks and pay attention to changes in the industry fundamentals.