Weekly Selection | BTC falls below $55,000 due to negative factors such as Mt.Gox compensation and German government selling; Polkadot's financial report publicly criticized by the community

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.

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Macro Perspective

Why did Bitcoin break and plummet? Miners surrender, German government continues to sell, Mentougou's expected sell-off…

Mentougou has started small-scale test transfers today, and the German government has sold nearly 10,000 BTC in the past half month.

Cryptocurrency: Can grassroots also change their destiny at the revolutionary feast?

Those who buy Bitcoin and Ethereum ETFs will not be the vested interests of the older generation. What we need are ordinary people who dare to explore the frontier, seek inspiration, overcome difficulties, and move forward bravely—this spirit is driving the continuous advancement of cryptocurrencies.

Two of the three major bullish factors for BTC are gone, waiting for the roar of the Fed?

If the last bullish factor of the Fed's interest rate cut lands, how high can Bitcoin go?

Overview of Token Economics: What indicators to look at before investing?

Understanding token economics is the most important skill in the crypto field. If you don't understand token economics, it's difficult to succeed in investing. This includes total supply and circulation, distribution details, lock-up period/unlocking date, release amount, and market demand.

Interpreting the downturn of the crypto market in June with 11 charts: Most indicators continue to decline

In the just-passed June, most indicators of the cryptocurrency market continued to decline. This article will use 11 charts to interpret the past month's crypto market situation.

In-depth interpretation of the Monetary Authority of Singapore's "Global Layer 1 - The Foundation Layer of the Financial Network" white paper

Singapore will establish an important "central bank blockchain."

A brief review of the rise and fall of "Exchange King" Mt. Gox: Three years of glory and ten years of redemption

If we talk about who can leave a significant mark in Bitcoin's history, Mt. Gox is definitely one of them.

Bitcoin Ecosystem

Fractal Bitcoin: A Bitcoin-native scaling solution supported by Unisat

Fractal Bitcoin is the only Bitcoin scaling solution that recursively extends an unlimited number of layers on the world's most secure and highest-holding blockchain using Bitcoin Core code itself.

Interpreting the mechanism of PStake Finance, looking at the dilemma and future of BTCFI

The collateral layer has been initially breached, traditional collateral brings security borrowing, and now PStake further expands and evolves liquidity collateral, allowing BTC to maintain its liquidity while being pledged, and it seems that BTCFI is not far away.

Pseudo-demand or welcoming the real summer? New Bitcoin L2 projects tell you the truth

When it comes to the second-layer network of public chains, perhaps more people who actually participate are the second-layer networks of Ethereum (referred to as Layer2), such as Ethereum's Layer2 projects Arbitrum, Optimism, zkSync, Stark, which have successively released tokens, bringing joy to some and worry to others. However, Layer2 is not exclusive to the Ethereum ecosystem, and Bitcoin Layer2 shows more meticulous work.

Unlocking $1.3 trillion in funds? How does Lombard enhance BTC's passive income?

How does Lombard capture the DeFi value of BTC?

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

Seizing Opportunities

PA Infographic | Understanding the 7 Web3 Events Worth Paying Attention to in July

In July, what are the Web3 events worth paying attention to?

PA Infographic | Analyzing the Concept of the 2024 US Presidential Election

Analyzing the concept tokens of the 2024 US presidential election in one infographic.

A list of 25 projects that have received large financing but have not yet issued tokens

Including Linea, Aleo, Monad, Farcaster, and others.

Web3 Killer? An overview of 50+ innovative use cases of Solana Blinks

Solana has permanently changed the Internet through Blinks.

Raising $85 million in seed funding, why is AI rising star Sentient so valuable?

Through AI openness, monetization, and loyalty models, Sentient defeats OpenAI in three minutes.

Inventory of Arbitrum's Long-Term Incentive Pilot Program (LTIPP) projects, which one has the highest returns?

Arbitrum's Long-Term Incentive Pilot Program (LTIPP) has a total allocation of approximately $30 million, and most projects will be funded until September.

KAS has risen 1000 times to a new high, which other DAG concept coins are worth paying attention to?

Currently, KAS's circulation has reached nearly 84% of the total supply, so KAS no longer faces significant unlocking pressure, and its price is more objectively determined by the market.

What's Happening in Web3

Controversy over Polkadot's first-half financial report: $87 million in expenses, nearly half for promotion, with only $1.1 million in revenue

Recently, Polkadot's first-half financial report has sparked complaints from investors. Despite the official claim that the treasury's funds are sufficient to support two years, the high expenditure of $87 million has still raised community doubts.

Review of 10 TON investment institutions: lowest entry cost below $0.78, highest ROI may exceed 14 times

This article reviews the financing scale, entry cost, and investment return on investment of 10 TON investment institutions that have disclosed information. The investment scale of these VCs ranges from hundreds of millions to billions of dollars, with the lowest entry cost being less than $0.78 and the highest ROI potentially exceeding 14 times.

Review of 7 crypto projects invested by Vitalik Buterin: some with hundredfold returns, some declared shutdown

Publicly available information shows that Vitalik has currently invested in 7 crypto projects. Among them, there are well-known projects like StarkNet and Polymarket, as well as poorly operated projects like Nocturne, which announced the cessation of operations in June this year.

Behind the acquisition of a crypto exchange, how is Japanese giant Sony making moves in the Web3 space?

As blockchain technology continues to evolve, especially with the rise of metaverse and NFTs closely related to entertainment products, Sony has also begun to cautiously explore and expand into the Web3 space.

Exclusive interview with Smokey The Bera, co-founder of Berachain: How does the innovative PoL public chain solve the liquidity challenge, expected to launch in a few months

Recently, PANews interviewed Smokey The Bera, co-founder of Berachain, to unravel the background of this anonymous project, Berachain's PoL mechanism, the latest developments, and address widely discussed topics such as airdrop expectations and new opportunities in the DeFi space.

Tech Trends

Understanding ORA: Trustless AI on Ethereum

On June 26, the oracle protocol ORA announced the completion of a $20 million financing. This article provides a detailed introduction to ORA's core technology and products.

Predictable Performance of DApps: From application chains to elastic block space

"Predictable performance" is the inevitable development path for DApps to support large-scale adoption, and application chains and elastic block space are two different solutions.

Vitalik proposes the Epoch and Slot scheme: to provide faster transaction confirmation times for ETH, improving end-user experience

"The epoch-and-slot architecture is clearly the right solution, but the system architecture and slot scheme still need further exploration."

SPL-404: How to completely change NFTs and DeFi on Solana?

NFTs, as a revolutionary force, are changing our perception and interaction with digital ownership, attracting widespread attention from creators, investors, and enthusiasts.