News Weekly | He Yi Binance will not freeze or confiscate any assets of the public. Bitcoin’s Lightning Network has grown by 1212% in two years.

Breaking News Binance CEO Confirms No Asset Freezing or Confiscation; Bitcoin's Lightning Network Grows by 1212% in Just Two Years

LianGuai Weekly is a weekly blockchain industry summary column launched by LianGuai, covering key news, mining information, project updates, technological advancements, and other industry trends. This article is the news summary, giving you an overview of the major events in the blockchain industry this week.

Headlines

He Yi: Binance will not freeze or seize any assets of the public; international business institutions need to comply with international law enforcement principles

On October 11th, He Yi, co-founder of Binance, stated on social media, “Binance will not freeze or seize any assets of the public; International business institutions need to comply with international law enforcement principles. Links can be used for further knowledge reading and include almost all major international business institutions. Rules are made by the strong, and in the face of international conventions, Binance is just a piece of scum.”

Bitcoin Lightning Network grows 1212% in two years

According to a report released today by Bitcoin financial services company River Financial, Bitcoin’s Layer2 scaling solution, the Lightning Network, has achieved remarkable growth. Routing transactions (using more than two nodes to facilitate transfers) increased from 503,115 transactions in August 2021 to 6,599,553 transactions in August 2023, nearly a vertical growth of 1,212%. In addition, in August 2023, the transaction volume processed by the Lightning Network also reached $78.2 million, a 546% increase from the $12.1 million transaction volume provided by K33 in August 2021. Wouters pointed out that the Lightning Network is currently handling at least 47% of Bitcoin’s on-chain transactions.

JPMorgan: Bitcoin mining is in a “critical moment”

JPMorgan stated in a research report on Wednesday that Bitcoin mining is in a critical moment as the approval of spot BTC exchange-traded funds (ETFs) could catalyze a rebound in front of record hashing power and upcoming halvings, threatening the industry’s income and profitability. The bank favors mining operators that offer the best relative value based on “existing hashing power, operational efficiency, power contracts, funding expansion plans, and liquidity.” JPMorgan initiated coverage on CleanSLianGuairk (CLSK) with an “overweight” rating and a target price of $5.50; Marathon Digital (MARA) with an “underweight” rating and a target price of $5; Riot Platforms (RIOT) with an “underweight” rating and a target price of $6.50; and Cipher Mining (CIFR) with a “neutral” rating. The bank also upgraded the rating of Iris Energy (IREN) from “neutral” to “overweight.”

▌Shanghai Xuhui Court’s Precedent: Bitcoin entrusted wealth management contract is valid, and the parties can repay in legal tender voluntarily

On October 11th, Liu Yang, a lawyer from Beijing Deheng Law Firm, stated in a post that a Bitcoin entrusted wealth management dispute was mediated and settled in the Xuhui District People’s Court of Shanghai on the morning of October 9th. The summary of the case is as follows: the plaintiff entrusted the defendant for wealth management, and the defendant promised to guarantee the principal and pay interest, but later failed to fulfill the payment. The defendant did not object to the above facts, and then the two parties voluntarily reached a mediation agreement. The court issued a mediation document, the main content of which is: 1. Repayment in installments in US dollars. 2. If any installment is overdue, enforcement can be imposed on the entire amount. Liu Yang believes that the mediation in this case is of two significant meanings: first, since the case can be settled through mediation, it shows that the court considers Bitcoin entrusted wealth management agreements to be valid, and if invalid, the court would have no authority to mediate. Second, in this case, the entrusted wealth management is Bitcoin, and the repayment method confirmed by the mediation document is in US dollars (legal tender), which also indicates that if both parties agree to the mediation content, the court can confirm civil disputes involving virtual digital currencies in legal tender, but this does not mean that the court recognizes the exchange between virtual digital currencies and legal tender. It simply respects the voluntary principle of mediation without violating laws and regulations and is more conducive to the subsequent enforcement. Therefore, it is feasible to claim the repayment in legal tender in cases involving cryptocurrencies.

Policy

Shenzhen’s First Digital RMB Industrial Park Operational

LianGuai reported that on the morning of October 11, at the press conference of the Shenzhen Luohu Digital RMB Application Ecological Demonstration Zone, it was officially announced that Shenzhen’s first digital RMB industrial park has opened and started operations. The first batch of signed companies to move in include 9 companies, including listed companies such as Hengbao Shares, Telling Information, Shanghai Huacin, Lakala, and “Specialized, Refined, Special, and New” small and medium-sized enterprises, such as Shield Technology. (21 Finance)

Wang Yang and Zhu Haokang Proposed Policy Suggestions: Promote the Tokenization of Hong Kong RWA and Advocate for the Introduction of a Unified Stablecoin in Hong Kong

On October 11, Wang Yang, Vice President of the Hong Kong University of Science and Technology and Chief Scientific Advisor of the Hong Kong Web 3.0 Association, and Zhu Haokang, a Ph.D. student in Financial Technology at the Hong Kong Polytechnic University and a member of the RWA and Stablecoin Working Group of the Hong Kong Web 3.0 Association, proposed policy suggestions. They emphasized that Hong Kong should focus on the deep integration of virtual world and real-world assets, fully utilizing blockchain technology, and build a strong Web3 ecosystem based on Hong Kong’s stablecoin. The focus should be on the digitization and tokenization of real-world assets (Real World Asset, abbreviated as RWA), such as bonds, private credit, trade finance, real estate, carbon credits, and precious metals. Furthermore, to create a favorable regulatory environment for RWA, they suggested adopting the “RWA 2+4” framework as a feasible starting point for research. This methodology revolves around two types of tokens (securities tokens and utility tokens) and four core elements (legal foundations, financial frameworks, technical tools, and data-driven approaches) for research and practice, in order to find opportunities in challenges and promote the healthy development of RWA. In order to promote the tokenization of RWA in Hong Kong, it is recommended to first establish a compliant and robust infrastructure, with blockchain technology being the core component. The Hong Kong Web 3.0 Association and other organizations have proposed the establishment of a new public blockchain for RWA in Hong Kong, with built-in KYC mechanisms. In addition, the author strongly urges Hong Kong to introduce a unified stablecoin, guided by a global plan and issued by licensed institutions (including government, banks, insurance, and fund institutions), along with corresponding profit distribution plans.

Nanchang Court: Virtual Currency Loan Disputes Not Within the Scope of Civil Litigation

On October 10, the Nanchang High-tech Court announced a case. The plaintiff, Xiao Ming (alias), claimed that in April 2021, the defendant, Xiao Gang (alias), borrowed from him, citing speculation in USDT coins, and promised to repay the plaintiff’s loan within six months. Xiao Ming then exchanged over 550,000 RMB for over 80,000 USDT coins to provide the loan to Xiao Gang. However, after the agreed-upon time passed, Xiao Gang did not repay the loan as promised, so Xiao Ming filed a lawsuit with the court. After trial, the court believed that Xiao Ming failed to prove that the USDT Tether coin involved in this case was a legally issued currency with legal tender, so it does not have legal enforceability. As a result, the litigation arising from this does not fall within the scope of civil litigation accepted by the People’s Court. In the first-instance ruling, the plaintiff’s lawsuit filed by Xiao Ming was dismissed. Xiao Ming was dissatisfied and appealed to the second-instance court. Finally, in the second-instance ruling, the appeal was rejected, and the original ruling was upheld.

KPMG: Hong Kong should continue to establish a stable and clear regulatory framework for virtual assets

LianGuai reports that in response to the recent JPEX incident, Jim Balsillie, the Director of Financial Management Consulting at KPMG China Hong Kong, stated that due to the complexity of virtual assets as emerging financial instruments, the Hong Kong government and regulatory agencies are collaborating with various organizations to provide blockchain and virtual asset education services to the public. To solidify its position as a leading virtual asset hub, Balsillie believes that Hong Kong should continue to establish a stable and clear regulatory framework, ensuring that the public and blockchain startups fully understand the framework. Secondly, it is crucial to ensure collaboration and unified actions among the government, regulatory agencies, investors, and the public. Thirdly, regulatory agencies need to adopt a risk-based approach and continue to treat virtual asset companies openly and fairly to safeguard the interests of the investing public. Fourthly, focus on real value. Authorities should promote genuine value creation through industry support, policies, and regulations, emphasizing innovative applications beyond virtual assets, thereby expanding the ecosystem and contributing to the real economy. Balsillie mentioned that investors should choose trading platforms that have obtained the Virtual Asset Service Provider (VASP) license issued by the Securities and Futures Commission (SFC), as the SFC conducts strict reviews of investor protection measures and internal monitoring mechanisms of such platforms before issuing the license.

Cryptocurrency industry regulation bill in California, USA, set to take effect on July 1, 2025

LianGuai reports that the cryptocurrency industry regulation bill, called the Digital Financial Asset Act, in California, USA, is set to take effect on July 1, 2025. The bill mandates individuals and companies to obtain a license from the Department of Financial Protection and Innovation (DFPI) to engage in digital financial asset activities. Additionally, the bill requires licensees to retain records for up to five years, including a general ledger saved at least monthly that lists all assets, liabilities, capital, income, and expenses. Yesterday, LianGuai reported that California Governor Gavin Newsom signed a bill on Friday to regulate the state’s cryptocurrency industry. California legislators have been seeking to establish new rules around cryptocurrency, which has become more urgent after the collapse of the FTX exchange and other market turmoil last year. With no federal action taken yet, state legislators in California aim to establish a basic regulatory framework.

California Governor signs cryptocurrency regulation bill

LianGuai reports that California Governor Gavin Newsom signed a bill on Friday to regulate the state’s cryptocurrency industry. California legislators have been seeking to establish new rules around cryptocurrency, which has become more urgent after the collapse of the FTX exchange and other market turmoil last year. With no federal action taken yet, state legislators aim to establish a basic regulatory framework.

UK Committee Calls for NFT Copyright Infringement Protection Measures and Code of Conduct

LianGuai reports that a UK committee composed of members from different political parties hopes that the government will collaborate with the NFT market to address copyright infringement issues and introduce a code of conduct to better protect creators. The organization began investigating NFTs in November. Caroline Dinenage, Chairperson of the Culture, Media, and Sport Committee and member of Parliament, stated that artists face the risk of seeing their hard work manipulated and promoted without permission, while fraudulent and misleading advertisements add an extra layer of danger to investors in this already risky industry.

ECB Governing Council Member: The Launch of any Digital Euro Will Not Significantly Change the Banking Business Model

LianGuai reports that Fabio Panetta, a member of the ECB Governing Council, stated that the launch of any digital euro will not significantly change the banking business model. Artificial intelligence will have a significant impact on the financial system, and regulatory authorities need to keep up with its development.

Blockchain Applications

China Daily Opens Bidding for Meta-Universe Related Projects with a Budget of approximately 2.8 Million RMB

On October 8, China Government Procurement Network displayed that China Daily is publicly bidding for the “Meta-Universe Business Products Research and Construction Project” with a budget of 2.813 million RMB. The construction project involves digital collectibles, NFTs, AR/VR works, and meta-universe space. Bidders need to provide proposals for four requirements: the construction of a domestic NFT digital collectible issuance platform, creative development and promotion services for domestic and foreign NFT digital collectibles, creative development and promotion services for AR/VR works, and creative construction and promotion services for meta-universe space. The deadline for bidding and the opening time is 13:30 on October 24, 2023.

Bank of China (Hong Kong) Officially Launches Digital Cyberport Dollar Simulation Experiment

LianGuai reports that Bank of China (Hong Kong) has announced the official launch of the Digital Cyberport Dollar simulation experiment to validate the use cases of the Digital Cyberport Dollar prepayment service. In the first stage of the experiment, it will be open to selected employees of the bank, who can purchase prepayment service contracts through the “BoC LianGuaiy” application. Afterwards, eligible customers will be invited by participating small and medium-sized enterprises to join the experiment. Chen Guang, Deputy General Manager of the Bank of China (Hong Kong) Digital Currency Special Task Force, expressed his expectation to seize the opportunity of the Hong Kong Monetary Authority’s Digital Cyberport Dollar Pilot Scheme and create a new business model for retail small and medium-sized enterprises, thus building a healthy prepaid consumption ecosystem.

Fuel, a Modular Execution Layer, Introduces Native Bridge to Support Cross-chain Transactions Between Beta-4 and Ethereum Sepolia

October 13th news, Ethereum modular execution layer Fuel announced the opening of the Beta-4 test network and the native bridge between Ethereum Sepolia. The Fuel native bridge can transfer assets between L1 and L2 and utilize a message portal to handle token standards such as ERC-20 and ERC-721. On L2, there are dedicated contracts for token message processing and minting on Fuel. It may take up to 6 hours to withdraw assets deposited into Fuel back to Ethereum. The Fuel native bridge is still in the testing phase. Previously reported by LianGuai, in September 2022, Fuel Labs announced a completed $80 million financing round, led by Blockchain Capital and Stratos Technologies.

▌Privacy technology startup Beldex completes $3 million in new funding

LianGuai reports that privacy blockchain infrastructure and ecosystem Beldex announced the completion of a $3 million new funding round, with Web3 market maker Enflux participating and forming a partnership. Enflux will provide strategic advice and support for Beldex’s dApp development and integrate EVM into the Beldex chain for network expansion. Currently, Beldex offers services such as private chat BChat, privacy browser, and privacy protocol. Previously reported in February, Beldex completed a $25 million financing round, with market maker DWF Labs investing and establishing a partnership. These funds will help drive the development of the Beldex ecosystem.

▌Stars Arena: New smart contract has been written and audit initiated

LianGuai reports that Avalanche’s attacked social protocol Stars Arena announced on social media that its technical team has written a new smart contract. The contract is currently being audited by LianGuailadin Security. After the audit is completed, the contract will be open source. Before the restart, Stars Arena will have a suspended verified contract, and the funds obtained to fill the gap will be directly transferred to the new contract after the audit is completed. In addition, Stars Arena also claims to be conducting load testing on servers to handle traffic during the restart.

▌Luckin Coffee is leading the way in introducing blockchain technology for financial data management, allowing users to directly view relevant on-chain information

October 13th news, Luckin Coffee has taken the lead in introducing blockchain technology for financial data management. Currently, users can see real-time synchronized on-chain information in the official mini-program. This measure further enhances transparency and strengthens the credibility of Luckin’s business and financial system. Along with increased transparency, the introduction of blockchain technology has also addressed issues such as high fees, lengthy procedures, and lack of transparency in the “Internet + Finance” industry, reducing financial operating costs. In the catering and consumption industry, Luckin has become a pioneer in incorporating blockchain into its operations and financial system.

Cryptocurrency

Hong Kong police: Phishing SMS scams impersonating Binance reported, 11 cases involving HKD 3.5 million

October 9th news, the Hong Kong police said that they have discovered criminals impersonating Binance and sending phishing text messages in Hong Kong. Once users click on the messages, their Binance accounts can be stolen and the assets inside can be transferred. In the past two weeks, there have been 11 reports of virtual assets being stolen from Binance accounts, with a total amount of HK$3.5 million.

CCData: Coinbase’s Spot Trading Volume in Q3 Decreased by 52% Compared to 2022

LianGuai reports that according to analysis by digital asset data provider CCData, Coinbase’s spot trading volume was around $76 billion. Compared to the quarterly record in Q3 2022, spot trading in Q3 2023 decreased by 52%. According to the report, this is the lowest level since Coinbase went public on the Nasdaq stock market in 2021. On October 6th, it was reported that Binance’s spot market share had been declining for the seventh consecutive month, with lost trading volume being taken away by competitors such as Coinbase, Bybit, and DigiFinex.

Whale Selling 55 Million XRP Raises Community Speculation

LianGuai reports that the cryptocurrency XRP has recently attracted investors’ attention, especially as interest in the XRP lawsuit grows. At the same time, whale activity in the cryptocurrency has also continued in recent days, leading to speculation among cryptocurrency enthusiasts. In a recent move, whales sold a total of about 55 million XRP to two exchanges, and investors are trying to understand the potential reasons behind this. Following the large-scale transfer, XRP prices have fallen. However, due to the Israeli war and broader market issues, cryptocurrencies have continued to suffer losses this week. On October 12th, cryptocurrency tracking service platform WhaleAlert reported a large amount of XRP being transferred from anonymous wallets to two cryptocurrency exchanges. The first transfer involves 23.7 million XRP, worth more than $11.5 million, being sent from an unknown wallet to the Bitso exchange. At the same time, XRP worth approximately $15.15 million, consisting of 31,200,000 XRP, was sent from an unknown wallet to the Bitstamp exchange.

▌Coinbase to List Big Time (BIGTIME)

LianGuai reports that Coinbase has announced that it will list Big Time (BIGTIME), with trading expected to begin later today if liquidity conditions are met. Once the asset supply is sufficient, trading on the BIGTIME-USD pair will be phased in.

Fidelity: Bitcoin Returns Driven by Broader Global Growth of Digital Assets and Potential Instability in Macroeconomic Conditions

LianGuai reports that Fidelity Digital Assets has released a research report stating that Bitcoin is fundamentally different from any other digital asset, as other cryptocurrencies, as a commodity money, are unlikely to surpass BTC because it is the most secure, decentralized, and sound. However, the success of the Bitcoin network does not exclude the success of other networks, as other parts of the digital asset ecosystem can meet different needs or solve other problems that Bitcoin cannot solve. The return of Bitcoin is driven by two conditions: the broader global growth of the digital asset ecosystem and potential instability in traditional macroeconomic conditions. Bitcoin should be considered first and distinguished from all other following digital assets, and it should be seen as an entry point for traditional allocators who want to enter this field.

Report: 70% of South Korea’s Cryptocurrency Trading Volume Concentrated in Centralized Exchanges

LianGuai reports that blockchain analysis company Chainalysis has published the “2023 Global Virtual Asset Adoption Index/East Asia Report”. The report analyzes virtual asset trading in the East Asia region and states that South Korea heavily relies on centralized exchanges, while Japan has a different virtual asset trading situation with a more even distribution between centralized exchanges and various types of DeFi protocols. The data shows that from July 2022 to June 2023, 68.9% of South Korea’s virtual asset trading volume was conducted through centralized exchanges. In contrast, decentralized exchanges (DEX) accounted for 26.1% of the trading volume, DeFi accounted for 4.0%, and other trading volume was at 1.1%, which is relatively low. Chainalysis points out that compared to the trading volume on centralized exchanges, South Korea’s DeFi trading volume is much lower, and one of the main factors is Korea’s regulatory framework.

Data: Crypto VC Investment in Q3 Drops 63% YoY, Reaching the Lowest Level Since 2020

On October 9th, according to PitchBook’s data, global venture capital investment in cryptocurrency startups during Q3 reached the lowest level since 2020, dropping by 63% compared to the same period last year. In this quarter, VC firms globally only invested $2 billion in the cryptocurrency sector, which is just a small fraction of the funds they invested during the boom period in the crypto industry. PitchBook analyst Robert Le said, “We won’t see large-scale deals anymore. The smaller deal sizes are one of the driving factors behind the overall decline in investment activity. During the crypto bull market, large fundraising activities greatly benefited companies like FTX, the OpenSea NFT marketplace, and NFT creator Yuga Labs. Now, the pullback of the VCs may force those companies that have already cut costs and downsized to make difficult choices. If crypto startups are unable to raise funds in a round or can’t even raise funds at a lower valuation, they either go bankrupt or get acquired at a much lower valuation.”

    Increasing Correlation Between Bitcoin and S&P 500

    LianGuai reports that according to data from CoinDesk, on October 9th, the correlation coefficient between Bitcoin and various asset classes is as follows: Bitcoin and the S&P 500 have a 30-day correlation coefficient of 0.348, with a weekly increase of 0.002. Bitcoin and gold have a 30-day correlation coefficient of 0.124, with a weekly decrease of 0.079. Bitcoin and the US dollar have a 30-day correlation coefficient of -0.12, with a weekly increase of 0.14. Note: 1. A positive correlation coefficient indicates a positive correlation, while a negative value indicates a negative correlation. 2. Correlation coefficient values ≤0.5 indicate a low correlation, 0.5-0.8 indicate a significant correlation, and ≥0.8 indicate a high correlation.

    OpenAI CEO: Bitcoin is an Illogical and Important Step on the Technological Tree

    LianGuai Report: OpenAI CEO Sam Altman said in a video interview that Bitcoin, as an unregulated currency, is a super logical and important step on the technology tree.

    South Korea’s Top 5 Cryptocurrency Exchanges Disclose Reserves, Upbit Reserves at 20 billion KRW

    LianGuai Report: South Korea’s top 5 cryptocurrency exchanges have disclosed their reserves to deal with hacker attacks, computer failures, and other situations. According to data submitted by Kim Hee-gon, representative of the Financial Supervisory Institute, Upbit, the largest cryptocurrency exchange in Korea, in collaboration with K-Bank, has prepared a total of 20 billion KRW in reserves. The industry’s second-largest exchange, Bithumb, in collaboration with NH Bank, has reserves of 10 billion KRW, while Coinone, in collaboration with Kakao Bank, has reserves of 7.3 billion KRW. In addition, Korbit, in collaboration with Shinhan Bank, and GoLianGuaix, in collaboration with Jeonbuk Bank, have prepared reserves of 3 billion KRW each to meet the minimum requirement. In July of this year, the Korea Federation of Banks issued the “Virtual Asset Real-Name Account Operation Guidelines,” requiring cryptocurrency exchanges to reserve 30% of the average daily deposit or 3 billion KRW (whichever is higher) as reserves in their partner banks. The maximum limit is 20 billion KRW, and if the 30% of the average daily deposit exceeds 20 billion KRW, only a maximum of 20 billion KRW can be reserved as reserves.

    Warning: Scammers Deplete User Assets by Guiding Users to Authorize Malicious Signatures, Reminding Users to Be Vigilant

    LianGuai Report: The encrypted wallet imToken stated in a post that it has recently received feedback from multiple users who were guided to phishing websites after conducting a Google search. These websites had unknown malicious signatures which caused asset losses. One user lost approximately 2500 ARB tokens and discovered that their ARB tokens were infinitely authorized to a malicious contract address: 0x00005c……5A0000. It was found that this malicious contract address belongs to the Inferno Drainer scam group. According to Scam Sniffer monitoring data, this scam group has scammed a total of $41.88 million with 89,484 victims. They have created more than 689 phishing websites targeting users of over 220 blockchain projects, including popular projects such as zkSync, Arbitrum, Optimism, Blur, etc. Analysis indicates that this is caused by users executing off-chain signatures (Permit authorization signatures) on phishing websites. Once phishers obtain the user’s consent, they can transfer the user’s authorized assets without the user’s knowledge. Note: If you are not familiar with the purpose of the signature, avoid signing anything as it is likely to be a scam. Users are reminded to be vigilant.

    Moscow Exchange Plans to Issue Real Estate Digital Assets in 2024

    LianGuai Report: The Moscow Exchange, Russia’s largest exchange, announced plans to issue digital assets based on housing and real estate blockchain in 2024. Sergei Kharinov, the platform’s Director of Digital Assets, said that the exchange had proposed a similar issuance to be completed in August 2022 and is currently negotiating with housing and development companies to start such business next year. Kharinov added that this would lower the entry barriers for qualified and unqualified investors and introduce real estate assets into their investment portfolios.

    Ferrari accepts cryptocurrency payments for cars in the United States

    LianGuai reports that Enrico Galliera, Chief Marketing and Commercial Officer of Ferrari, has announced that Ferrari has started accepting cryptocurrency payments for its luxury cars in the United States, and will expand this program to Europe upon request from its wealthy customers. During the initial stage in the United States, Ferrari will process payments through the cryptocurrency payment processor BitLianGuaiy, which currently supports BTC, ETH, and USDC transactions. Additionally, Ferrari may use other payment processors in different regions. Galliera stated that with cryptocurrency payments, the price will not change, no fees will be charged, and there will be no additional charges.

    Important Economic News

    Fed Meeting Minutes: Most Federal Reserve Officials Believe Another Rate Hike Is Appropriate

    LianGuai reports that the Federal Reserve meeting minutes indicate that most Federal Reserve officials believe another rate hike is appropriate. The majority of participants continue to view the future economic outlook as “highly uncertain.” Participants state that inflation is “unacceptably high” and more evidence is needed to be confident that price pressures are abating. Some are hoping to shift the debate from “how high rates should be” to “how long they should be maintained.”

    Disclaimer: As a blockchain news platform, the articles published by LianGuai are for informational purposes only and should not be considered as actual investment advice. Please adopt the correct investment mindset and be sure to increase risk awareness.

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

    Share:

    Was this article helpful?

    93 out of 132 found this helpful

    Discover more

    Blockchain

    Introduction to blockchain | Correlation analysis between cryptocurrency price and data on chain

    Price increases are the most prominent feature of any class of assets, and cryptocurrency is no exception. Bitcoin ha...

    Market

    April 10 madman market analysis: choose Chinese life or American life depends on human ecology

    Market analysis Bitcoin: The market is stable as an old dog. This is the performance of the market. Even if GATE prec...

    Blockchain

    Weekends are rising? Since May, 40% of BTC's rising prices have occurred on weekends.

    Want to invest in Bitcoin? Admission on Saturday or weekend may be a good option. According to data compiled by Bloom...

    Blockchain

    Lightning Network receives support from Bitfinex exchange, stablecoin will be ushered in next step

    In the past year, the Layer 2 protocol Lightning Network has encountered a lot of trouble, and with the continuous im...

    Blockchain

    The real story of the turmoil in the repo market, why do bitcoin have better anti-vulnerability?

    Foreword: An anti-fragile system is a system that becomes stronger and more resistant with impact, rather than becomi...

    Market

    The Bitcoin ETF applicant may be playing the piano, and the SEC committee member said the agency did not grasp the key points.

    If there is a canary in the "coal mine" under supervision (in the period when the technology is still under...