EIA crude oil production implied demand data for the week ending May 16 in the United States

The Integration of AI and Web3: Opportunities and Challenges In recent years, the rapid development of artificial intelligence ( AI ) and Web3 technology has attracted widespread attention globally. AI has made significant breakthroughs in areas such as facial recognition, natural language processing, and machine learning, bringing tremendous changes to various industries. In 2023, the market size of the AI industry reached $200 billion, with companies like OpenAI, Character.AI, and Midjourney leading the AI boom. At the same time, Web3, as an emerging network model, is changing our understanding and usage of the internet. Based on blockchain technology, Web3 realizes data sharing and user autonomy through smart contracts, distributed storage, and decentralized identity verification. Currently, the market value of the Web3 industry has reached $25 trillion, with projects like Bitcoin, Ethereum, and Solana emerging one after another.

The Bitcoin Asia Summit 2025 will be held in Hong Kong from August 28 to 29, gathering elites from politics, finance, and various fields to discuss the future of Digital Money and the development of Bitcoin in Asia. Several experts will explore regulation, technological innovation, and corporate financial strategies, showcasing the impact of Bitcoin as a cultural movement.

The digital money market is undergoing a transformation, with non-US dollar stablecoins and yield-bearing stablecoins rapidly rising. Although non-US dollar stablecoins are in the exploratory stage, some already possess mainstream potential; YBS is attracting funds due to its high yields, reshaping the Decentralized Finance ecosystem. The future development of stablecoins needs to balance regulation and innovation, while following market changes.

Ethereum is currently facing a dilemma on both demand and supply fronts, as internal demand has failed to activate a new upsurge, and the deteriorating external market environment has led to a net outflow of ETH. At the same time, the transition from POW to POS has reduced the price support for ETH, intensifying sell pressure. In the future, it is necessary to reassess the economic model and ecological strategy to enhance demand and liquidity.