Babbitt's weekly elections halving is approaching, the market is accelerating recovery, is the halving effect coming?

During his inspection in Hangzhou last week, General Secretary Xi Jinping emphasized the use of blockchain and other cutting-edge technologies to promote urban management innovation. This is Xi Jinping's talk of blockchain technology again after learning from the Politburo's collective blockchain on October 24, 2019. Blockchain is now becoming the core innovation force of the country. At the same time, many ministries such as the central bank and the Ministry of Science and Technology have also voiced their voices and will promote the development of legal digital currency and blockchain technology. After entering April, this also means that the halving of Bitcoin in May is getting closer and closer, especially in April there is also a halving of BCH and BSV. Analysis believes that cryptocurrency mining will face a reshuffle.

1. Policy and supervision

During his inspection in Hangzhou last week, Xi Jinping emphasized the use of big data, cloud computing, blockchain, artificial intelligence and other cutting-edge technologies to promote innovation in urban management methods, management models and management concepts. The central bank, the Ministry of Science and Technology, the Ministry of Industry and Information Technology and many other ministries have voiced their opinions that they will promote the research and development of legal digital currency and blockchain technology. On April 1, the Korea Financial Services Commission (FSC) has classified cryptocurrencies as "high-risk assets" and amended the law to prohibit the use of crypto assets as collateral for loans and investment products.

• Babbitt Exclusive | Forty-five-day currency crisis in 35 days, halving or changing the three "Bitcoin" patterns
• Free and easy week review | How will Coda compress data into 22KB
• Learn the Methodology of DAO Movement from the Swedish Pirate Party

Many ministries such as the Central Bank and the Ministry of Science and Technology voiced that the blockchain continues to be supported by regulators

Mutual Gold Association: Risk tips for participating in speculation on overseas virtual currency trading platforms

Xi Jinping: Using blockchain and other cutting-edge technologies to promote urban management innovation

South Korea's new bill proposes to ban crypto asset mortgage lending, DeFi platform may be banned

People's Financial Review: Is virtual currency a safe-haven asset beyond gold and silver? fake!

Second, the prelude to the halving war

BCH and BSV will halve in April, one step ahead of BTC. Will this halving climax bring a bull market? However, one thing is for sure, the halving will bring a new wash to the mining industry.

BCH halving is approaching, are you ready?

Bitcoin halving may push mining to reshuffle, and efficient miners laugh to the end

Will Bitcoin's halving have a major impact on the crypto space? Analyst Plan B said

Opinion: Bitcoin halving is actually a reward for efficient miners

Has the halving effect begun? Looking at the future trend of the currency circle from the perspective of miner economics

3. Blockchain technology and project application

A number of banks disclosed that the 2019 annual report shows that the application scenarios of banking institutions in the blockchain currently cover many fields such as asset securitization, industrial chain finance, domestic letters of credit, and Forfaiting. The transaction scale has exceeded 100 billion yuan. On March 31, the Xiong'an Blockchain Lab was officially inaugurated, signifying that the blockchain innovation practice of the Xiong'an New District has entered the stage of organization and scale.

application

The implementation of blockchain technology has blossomed, and the transaction scale of several banks has exceeded 100 billion yuan

Weekly development of industrial blockchain 丨 The regional structure of China's blockchain is changing, and the Xiong'an blockchain experiment is unveiled

Industrial Internet + Blockchain, the next super outlet!

Interview with Babbitt 丨 Hunan announces key projects for the development of the blockchain industry. Why does this company occupy 3 seats exclusively?

China's blockchain landscape moves westward: Gansu 14 cities deploy blockchain service network

Free and Easy Weekly Review | "Room N" Reflects the Dilemma of Privacy, Seeing How the "Sky Eye" of the Chinese Academy of Sciences Blockchain Breaks

Economist Lang Xianping talks about the blockchain industry in the epidemic: Stripping off the currency attribute and rebirth of the blockchain Nirvana

Blockchain industry reappears: dozens of institutions quietly set up a new area of ​​Shanghai Lingang Free Trade Zone, and four provinces intensively issued policies to grab the "track"

Shanghai courts first explored the adoption of blockchain certificate storage technology

WHO, IBM and Microsoft jointly develop the blockchain project MiPasa to build a hot map of people with new coronary infections

technology

Bitcoin Technology Weekly: Statechain, Schnorr signature and BIP322

Ethereum name service exposes privacy flaws, Vitalik Buterin proposes a solution

Ethereum 2.0 will release the latest version of the code specification v0.11.1, giving a green light for the release of a multi-client testnet

Privacy Solution ZK² Rollup: How to implement high-speed, cheap privacy transactions on Ethereum

Vitalik: ETH 2.0 multi-client test network is expected to go live in April

4. Investment and financing

Shuqin Technology announced last week that it has completed tens of millions of yuan in Pre-A round financing and plans to go public in 2020. DeFi on the Ethereum network is prospering and developing. How to introduce the huge bitcoin ecosystem into Ethereum DeFi? Thesis has completed a $ 7.7 million financing, which aims to introduce BTC to Ethereum DeFi, which will further strengthen DeFi.

Thesis completes $ 7.7 million in financing and wants to introduce BTC to Ethereum

Babbitt's debut | "Suoqin Technology" completed tens of millions of yuan in Pre A round of financing, is expected to achieve listing in 2020

2020 Q1 Blockchain investment and financing review: 82 investment and financing, disclosing a total financing of more than 1.17 billion US dollars

5. Mining

With the halving of Bitcoin approaching, the mining situation is facing drastic changes, and even reshuffles, because many reports indicate that Bitcoin's computing power will be greatly reduced after the halving and the profitability of miners will be more difficult. When the halving comes, does the halving effect begin?

Bitcoin halving may push mining to reshuffle, and efficient miners laugh to the end

Opinion: Bitcoin halving is actually a reward for efficient miners

Has the halving effect begun? Looking at the future trend of the currency circle from the perspective of miner economics

Global miners in an epidemic: Iranian miners flee, US mines close, Chinese mines fight for price cuts

BitMex releases bitcoin mining cost curve report, predicting bitcoin hashrate will drop by 29%

Bitcoin mining revenue has increased by 20 times in 6 years, can miners continue to make profits after halving?

Six, DeFi

As one of the most promising cryptocurrency application scenarios, DeFi, the exchange giant Coinbase, can not be missed. Coinbase increased the deployment of DeFi, injecting 1.1 million USDC into Uniswap and PoolTogether DeFi agreements.

How does blockchain interoperability bring Bitcoin into the DeFi field?

Cao Yin: An economic crisis or an important opportunity for the rise of DeFi in an epidemic

Coinbase over-deployed DeFi, 1.1 million USDC injected into Uniswap and PoolTogether DeFi agreements

DeFi Monthly News | MakerDao encounters the most severe test in history

MOV is officially launched, creating Ace DeFi infrastructure to make transactions everywhere

7. Central Bank Digital Currency and Stable Currency

The People's Bank of China issued a work announcement stating that it will strengthen the top-level design and unswervingly advance the research and development of legal digital currency. South Korea is also accelerating the R & D work of the central bank ’s digital currency. The Bank of Korea ’s Bank of Korea announced on April 6 that it will conduct a pilot test of the central bank ’s digital currency in 2021. New coronary pneumonia is spreading globally and the situation is grim. The Bank for International Settlements said the new crown epidemic has brought new enlightenment to the central bank's digital currency design. The new crown epidemic may change the public's payment habits. The new crown epidemic has put forward new requirements for the central bank's digital currency design. With an additional issuance of 10 billion yuan in three months, USDT undoubtedly opened the way for additional issuance in this global outbreak, just like the Fed.

Central Bank Digital Currency

The People's Bank of China: unswervingly promote the research and development of legal digital currency

South Korea launches the Bank of Korea digital currency pilot program, launched in 2021

Governor of the United Bank of the Philippines: The new crown virus epidemic will accelerate the adoption of central bank digital currency

BIS: The new crown epidemic brings new inspiration to the central bank's digital currency design

Opinion | Zhongjing Jinchuang Zheng Runxiang: RMB internationalization should establish a mechanism for applying RMB digital currency in the field of commodity trading

European Central Bank Market Infrastructure and Payment Division Director: CBDC's main risks and problems are bank disintermediation

Yao Qian: Three major scenarios and solutions in which blockchain may be applied to central bank digital currency

Viewpoint | Professor at George Mason University: If CBDC is deployed in the United States, it will have a serious impact on privacy

Stablecoin

The US dollar is still the king of currency, but stablecoins will lead the rise of digital currencies

Why can't the additional USDT issue promote the bull market?

Issuing nearly 10 billion in March? Manipulate BTC? What is the origin of USDT?

Crypto market was bloodbathed in March, Tether became the biggest winner

Eight, market transactions

The crypto market has rebounded sharply above $ 7,000 since it fell to a low of $ 4,000. As the Bitcoin halving approached, even a halving effect appeared.

Bitcoin is up 8%, and the bull market is in doubt?

What does it mean for investors to sell Bitcoin and buy 1 billion stablecoins?

Bitcoin broke through $ 7,200 in the early morning, and the surge in US unemployment applications made Bitcoin a safe-haven asset?

Tether's market value has exceeded 6 billion US dollars, investors are "bullet loaded" ready to bargain?

We will continue to update Blocking; if you have any questions or suggestions, please contact us!