Weekly Selection丨Ethereum ETF Officially Listed; Harris Succeeds Biden in Presidential Campaign; Bitcoin Conference Hosts Unique "Political Summit"

Editor's Note from PANews: PANews has selected high-quality content from the past week to help everyone catch up and fill in the gaps over the weekend. Click on the titles to read more.

Macro Perspective

Compliance difficulties, earning difficulties, is globalization the only direction for Web3 in Hong Kong?

At present, with the tightening of Web3 policies by the Hong Kong government and the withdrawal of foreign capital, the most important challenge for Web3 enterprises operating in compliance in Hong Kong is how to establish themselves in Hong Kong and then open up a larger market.

Binance Research Institute's 2024 semi-annual report: 6 key points summarized

In the first half of 2024, despite a pullback in the second quarter, the total market value of the crypto market increased by 37.3%, benefiting from the launch of Bitcoin ETF and the strong growth of decentralized finance (DeFi).

The U.S. government holds 210,000 bitcoins, is it a potential threat to the market?

The way and timing of the U.S. government's handling of Bitcoin, as well as the main sources of these bitcoins.

Review of ten years of historical data: analyzing the impact of macro factors on BTC prices during bull markets

We use historical data from early 2014 to the present to identify trends and correlations through statistical and econometric analysis, providing insights into how these factors affect market behavior and offering investment strategies.

Issuing stablecoins in Hong Kong, why is JD.com getting involved in the crypto market?

The crypto market is hot, and JD.com also wants a piece of the action?

Ethereum ETF Listing

Ethereum spot ETF is about to be listed, everything you need to know in one article

Although the inflow of funds may be inferior to Bitcoin ETF, its impact on the crypto market should not be underestimated.

ETHW's debut listing raised over $200 million, what strategies does "first player" Bitwise have in the battle of crypto ETFs?

Among these issuers, the crypto-native institution Bitwise may not have the appeal of traditional giants like BlackRock and Fidelity, but the size of its crypto ETF's funds is still considerable, and its "tactics" are worth paying attention to.

Review of ETH Beta returns in the narrative of ETFs: MEME performs the best, but as a group, it can't beat Bitcoin

In this cycle, meme coins generally performed poorly, making asset selection more important than ever.

After ten years of preparation, the listing is finally achieved, a review of the journey of Ethereum ETF

We might as well reacquaint ourselves with Ethereum and explore the true value of this "world computer" that has been questioned and controversial, as well as the impact of Ethereum spot ETF on the development of the entire crypto industry.

After the listing of Ethereum spot ETF, various parties predict the short- and medium-term price trends

Cobo and F2pool's co-founder, Godfish, stated that in the early stage of ETH ETF listing, the main inflow of funds may come from retail investors, accounting for 80-90% of the total funds, while institutional users participate less; after December, institutional investors may gradually enter the market.

U.S. Presidential Election and Crypto

Guidance on crypto policies for the next 4 years, summarizing the core points of Trump's 2024 Bitcoin conference speech

As there is a high probability that Trump will become the next U.S. president, the market generally believes that he will reveal more detailed guidance on cryptocurrency policies in this speech. Therefore, I have conducted some research and summarized the core concerns of the market about Trump's speech at the Bitcoin conference to share with everyone.

Biden withdraws, but DMAGA is on fire? Musk switches to laser eyes to support Trump, what is the background of this dark MEME coin?

No one expected that after Biden announced his withdrawal, the meme coin that became popular in the meme world was the dark MEME coin with a theme of laser eyes supporting Trump—DMAGA (Dark MAGA).

The total amount of crypto donations for the 2024 U.S. presidential election has reached $94 million, is it good for the future of the Web3 industry?

Head players in Web3 such as Coinbase and a16z have made huge donations to the U.S. presidential election. What are their intentions?

Biden withdraws, what stance do Harris and other potential candidates hold on Crypto?

Illinois Governor J.B. Pritzker may be more friendly to the crypto industry.

As the U.S. presidential election approaches, how do crypto OGs view its impact on the crypto industry?

Satoshi Nakamoto may not have expected that Bitcoin, which was meant to counter centralized authority, would instead become an important tool for politicians to seize power.

First day of the 2024 Bitcoin conference: a unique "political event"

The Trump element is pervasive at the venue, and the bullish atmosphere is strong.

Bitcoin Ecosystem

Illustration of RGB++Layer, a wealth opportunity that even novices can understand

RGB++ has finally updated to RGB++ Layer with a complete DeFi suite. What opportunities are there? This article will reveal them one by one in plain language and vivid examples.

Interpreting the CKB account abstract ecosystem: the stepping stone for BTC mass adoption

This article will interpret Nervos' account abstraction system from multiple perspectives such as design concepts, system architecture, applications, and ecosystem.

Overview of the BTC LSD track: how to leverage trillions of dollars in funds?

BTC liquidity staking utilizes a trustless mechanism to achieve secure staking of Bitcoin on the mainnet, generating returns and benefiting from other DeFi projects, while also addressing the inflation and launch difficulties of small and medium-sized PoS chains, providing new income opportunities for Bitcoin holders.

The first BTC L2 project financed by Wall Street asset management giant, what can Bitlayer do?

Bitlayer is an L2 project for BTC, aiming to improve the scalability of BTC and unlock its ecosystem's potential. In terms of project features, Bitlayer is the first L2 based on BitVM, and also the first L2 that fully inherits the security and Turing completeness of BTC.

For more related content, please check the topic: "Beyond Digital Gold: BRC-20 and Inscriptions, Opening a New Chapter for Bitcoin"

Seizing Opportunities

Raising 625ETH in 15 days for IDO, what's the charm of deploying Blast L2's Phoenix Network?

Phoenix Network is a decentralized derivatives trading platform built on Blast L2, aiming to provide an efficient, secure, and transparent perpetual trading environment.

Taking a break in the market, inventory of nearly 40 airdrop opportunities

This article summarizes nearly 40 projects with significant airdrop opportunities in the second half of the year or the coming year.

Review of the winning projects of the first Sui Global Hackathon

The first Sui Global Hackathon "Sui Overflow" concluded successfully on June 21. The competition lasted for 8 weeks, attracting 352 projects from 79 countries, and ultimately, 32 outstanding projects stood out and received awards in various categories.

Brief analysis of Blink: envisioning the next steps for Solana's mass adoption with 10 major use cases?

In the recent market, apart from the booming political MEMEs, another term has quietly emerged in the Solana ecosystem—Blinks.

"Base Gang" is here? What is NPC Labs, founded by former Coinbase employees?

A quick read on the game ecosystem B3.fun, built on Base by former Coinbase employees (includes interactive strategies).

Even if Meme goes to zero, can it still be profitable? Understanding the new product dumpy.fun after Solend's rebranding

dumpy.fun allows shorting Meme coins to intensify PVP.

Web3 Insights

WazirX, a leading Indian exchange, hacked for $230 million: previously suspected of money laundering, cooperation with Binance cut off, annual trading volume down 90%

Two years ago, WazirX attracted attention in the market due to a months-long acquisition dispute with Binance. Now, this Indian crypto exchange has once again become a hot topic of public discussion due to the theft of assets amounting to $230 million, drawing attention to the development of India's crypto market.

Why is Solana's market holding strong? Strong fundamentals and ETF expectations attract capital inflows

Following the settlement of Bitcoin and Ethereum spot ETF expectations, Solana has become the next ETF target favored by funds, especially as multiple issuers have successively applied for Solana ETFs, boosting market confidence. Strong fundamentals and large-scale institutional holdings, combined with the U.S. presidential election, further raise market optimism for Solana.

Coinbase accelerating into RWA for increased revenue? Subsidiary asset management company may collaborate to launch tokenized money market fund

Following the entry of traditional financial giants such as BlackRock, JPMorgan, and Franklin Templeton, the crypto giant Coinbase is reportedly planning to launch a tokenized money market fund, accelerating its entry into the RWA field.

Asking "Ethereum or Solana?" - Former NBA star Pippen, who issued NFTs, is returning to the crypto space to do something

"Something big is happening on the blockchain! It's still a secret." In a recent series of tweets, NBA legend Pippen hinted at taking action again in the cryptocurrency industry.

Unveiling the founder of NFT series Milady: "Cult leader" or "shaper of crypto culture"?

The content of Charlotte Fang's daily tweets is quite unique, indicating that he is well-versed in gaining attention online, and each tweet also seems like a "fanatical declaration" of the Milady community.

Survival by selling off or cashing out? DeFi derivatives leader dYdX V3 seeks sale after being attacked

Why sell V3? Is the dYdX team looking to cash out? Why did the hacker choose this timing to attack? Can the DYDX token still be held? These and other questions are flooding the community chat pages.

"Fat Penguin" Pudgy Penguins embroiled in L2 battle raises questions: technical acquirer's progress "stagnant" for months, CEO expects NFT comeback

To better achieve technical development, Pudgy Penguins recently acquired the on-chain creator economy platform Frame. In January this year, Frame released an airdrop query link, but then fell into months of stagnation.

Tech Trends

Is ZK mining about to rise? An overview of Cysic

In the following article, we will briefly summarize the relevant knowledge of Cysic to help more people understand it.

The game of Ethereum consensus and MEV, starting from the day of transitioning from PoW to PoS…

From the perspective of protocol design, it is not only necessary to design a market mechanism for redistributing MEV, but also to consider how to make validators more decentralized and how to increase resistance to censorship. Additionally, there are many trade-offs in the protocol design. Taking ePBS, which has already been assigned an EIP number, as an example, although the design of ePBS solves the problem of centralized relay, is it really only negative for third-party relays outside the protocol? From the perspective of the builder's payment mechanism, using a relay may be more advantageous than the ePBS mechanism, because ePBS is a prepayment mechanism. If a builder packages a block with extremely high profits, it will be unable to provide high returns to the proposer under the prepayment mechanism.

How does The Graph expand into AI-driven Web3 infrastructure?

How to make dApps more easily integrate AI technology?

In-depth exploration of Sui Bridge's technical architecture

As a key component of the Sui ecosystem, Sui Bridge facilitates the secure and efficient transfer of assets and data between Sui and other blockchain networks.