This Week's Highlights in the Web3 Industry

Macroscopic Perspective

Market outlook after Bitcoin price breaks $110,000

After the Bitcoin price broke through $110,000, the market showed a so-called "golden cross" pattern. Although this is usually seen as a bullish signal, historical experience suggests it may trigger a round of corrections. Investors should be cautious and pay attention to future market trends.

Musk and Trump clash publicly, highlighting divisions within the crypto industry

On June 6, Musk and Trump engaged in a heated debate on social media, causing a sharp deterioration in their relationship. This event reflects the divisions and contradictions existing within the cryptocurrency industry.

Ethereum Value Logic Analysis

The value creation of Ethereum is shifting from "maximizing fees" to "maximizing value delivery." This transition will impact its future development path and value positioning.

Changes in the South Korean political scene may affect cryptocurrency policies.

With the election of Lee Jae-myung, the South Korean government may make significant adjustments to its policy direction on cryptocurrency assets, attracting market attention.

Singapore Tightens Cryptocurrency Regulations

The regulatory environment in Singapore is tightening, and crypto enterprises are facing new challenges. The space for regulatory arbitrage is shrinking, and the industry landscape may be reshaped.

concerns arise over the cryptocurrency investment strategies of publicly listed companies

Some publicly listed companies are emulating MicroStrategy's investment in Bitcoin, but high premiums and leverage risks have raised market concerns. Some analysts believe this could replay the scenario of Grayscale's GBTC.

Gold Price Forecast Report

A certain gold investment company released a report predicting that by the end of 2030, the price of gold may reach $8,900, and the market value of Bitcoin could reach 50% of that of gold.

AI and Meme Coin Trends

Solana ecosystem hedging sentiment is rising

Rumors of a certain platform issuing tokens have led to a decline in Meme coins within the Solana ecosystem, causing an increase in market risk aversion.

AI Training Platform Flock Analysis

Flock is regarded as a new training platform that combines the advantages of multiple AI-related projects.

Discussion on the Investment Logic of Meme Coins ###

Industry insiders discussed the evolution of the investment logic of Meme coins, from pure Meme coins to the shift towards income capture models.

New Projects and Opportunities

Exclusive Blockchain for Stablecoins Plasma

The Plasma project aims to create a Bitcoin sidechain that is compatible with the Ethereum Virtual Machine, providing a dedicated blockchain for stablecoins.

Solana Identity Authentication Service AS

The AS identity authentication service launched by Solana is different from oracles; the former focuses on off-chain subjective trust, while the latter focuses on objective facts.

BNB Chain ecological opportunities

The BNB Chain ecosystem has recently shown strong growth momentum, presenting potential investment opportunities.

OpenSea token issuance

The NFT trading platform OpenSea has launched a token, bringing new liquidity to the NFT sector.

Industry Trends

Trend of Cryptocurrency Companies Going Public

A total of 45 crypto-related companies have successfully gone public, reflecting an increase in the traditional financial market's recognition of the crypto industry.

Ethereum Foundation reorganization

The Ethereum Foundation has publicly announced its first layoffs and made strategic adjustments, sparking discussions about the effectiveness of the foundation's model.

Web3 dark pool trading discussion

A well-known figure proposed the idea of building a dark pool perpetual contract DEX, drawing market attention to dark pool trading.

James Wynn Incident Review

The experience of cryptocurrency investor James Wynn reflects the high-risk characteristics of the crypto market.

Acquisition cases in the cryptocurrency industry

A review of the top 5 major acquisition cases in the crypto industry this year, reflecting the trend of industry consolidation.

Circle's market performance

Stablecoin issuer Circle had an impressive performance on its first day of trading, triggering the circuit breaker mechanism multiple times.

Injective Public Chain Data Analysis

The established public chain Injective has seen a surge in data recently, attracting market attention.

Trump Family Cryptocurrency Wallet Controversy

The news of the Trump family launching a crypto wallet has sparked controversy, with its authenticity yet to be confirmed.

Important Information Summary

• An analysis by a trading platform suggests that the recent pullback of Bitcoin may be a "healthy reset".
• The social platform XChat is now online, supporting encrypted communication.
• Beijing Public Security Innovation in Handling Mechanisms for Involved Tokens
• The market expects Bitcoin's short-term trend to be moderate.
• Federal Reserve Board member states they do not support CBDC
• A trading company issues a security warning for Ethereum wallets.
• Ethereum Foundation restructures R&D team
• Large banks plan to provide financing services for crypto ETFs
• Russia launches Bitcoin futures trading
• The Hong Kong stablecoin regulations will take effect on August 1.