Weekly Selection | Multiple institutions apply for Bitcoin spot ETF; Wall Street-backed exchange EDX Markets to launch; Bitcoin rebounds to $30,000, did the old money enter the market?

Weekly Bitcoin News: Multiple institutions apply for Bitcoin spot ETF; Wall Street-backed exchange EDX Markets to launch; Bitcoin rebounds to $30,000, did institutional investors enter the market?

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Macro Perspective

Why is Bitcoin back to $30,000 with soaring market share?

Financial giants enter the encrypted trading market, Bitcoin ETF competition is reignited, and the fourth Bitcoin halving is about to take place.

• Bitcoin rebounds as hidden currents surge in the market
• Development trends of NFT trading market: multi-functional aggregation and multi-chain competition
• Financial giants flock to Bitcoin ETF: Making money is the real deal

A detailed explanation of the reaction and impact of the cryptocurrency market under the high-pressure regulation of the U.S. SEC

Using securities law regulations from 90 years ago to regulate may no longer be appropriate.

Arthur Hayes: What does the increase in U.S. regulation and Hong Kong’s embrace of cryptocurrency mean?

All the panic about what is happening in the “land of freedom” is wasting spiritual energy.

One article to understand: in-depth analysis of the current situation and regulation of global stablecoins in 2023

In this report, we cover everything from the rise of stablecoins, the four major types, market status, application scale, emerging stablecoin models, and stablecoin regulations and supervision.

Seize the Opportunity

An inventory of 6 narratives that may take off in the next bull market

Any popular narrative will affect market sentiment and attract users to rush in. Narrative selection may be more important than asset selection.

An inventory of 6 cryptocurrency projects that joined NVIDIA Inception

Among the several cryptocurrency projects that joined NVIDIA Inception, the development of the decentralized GPU computing power market is relatively good.

In-depth analysis of Sei Network: a high-speed Layer1 public chain born for trading, can it become a decentralized “Nasdaq”?

Sei has introduced multiple technical applications to improve the trading experience, including modular order matching, Twin-Turbo consensus, parallel order execution, and local price oracles, and other basic layer functions.

Ethscriptions, Ethereum’s inscription protocol benchmarked against Ordinals, attracts attention with over 30,000 minting volumes in just a few days after launch

Ethscriptions is inspired by the Bitcoin Ordinals protocol.

Detailed explanation of crypto airdrop strategy, and recommended 6 recent opportunities to benefit from airdrops

Crypto airdrop is a popular method for web3 projects to distribute tokens and promote their platforms, especially for startups. Airdrops are also one of the most popular marketing strategies for users to get early access to the latest and highest quality projects, as well as to earn decent economic benefits through careful research and smart participation.

What’s up with Web3

Deeply analyzing Prometheum, the “compliance model” in the SEC’s eyes: Is it a hero or a villain?

“Rising star” Prometheum is facing criticism from many crypto enthusiasts.

Reversing technological progress? Aptos and Sui are actually alliance chains, and their lives depend on the patience of capital.

From the perspective of a communication engineer, this article interprets Aptos and Sui, as distributed networks, and concludes that their technological logic is not sufficient.

EDX Markets, a trading platform supported by Wall Street, has arrived! Institution-specific, non-custodial mode

The entry of veteran capital seems to be releasing new regulatory signals.

Latest development from FTX: Launching a website for bond claims, rumors of a restart could bring a turning point?

FTX’s liquidation repayment work has made new progress.

How is the spot Bitcoin ETF applied by BlackRock and Bitwise different?

BlackRock’s spot Bitcoin ETF seems more likely to pass.

Twitter Space video review | Analyzing the innovation and impact of Uni V4 without discussing the coin price

On the evening of June 20th at 9 pm, BlockingNews invited Blockchain Researcher—Haotian, Web3 & DeFi degen—DeFi Cheetah, Founder of Smooth—Wiger, Tokenlon core developer—jiaxing, four guests to Twitter Space.

Revealing the Web3 projects invested by the richest gaming venture capital fund Griffin Gaming Partners

Griffin Gaming Partners, which has the largest fund in the gaming industry, is very optimistic about the still untapped potential of blockchain games.

Technology

Ethereum Modularization Begins: Proto-Danksharding Basics and How It Works

It is the first step in turning Ethereum into a modular blockchain, mainly supporting transaction execution through Layer 2 rollup, rather than a silver bullet to solve Ethereum’s scalability problems.

A Brief Overview of BNB Chain’s Scaling Chain opBNB, Supporting Over 4000 Transfer Transactions per Second

BNB Smart Chain (BSC) has launched an innovative scaling solution-opBNB, and the test network will be launched on June 19, 2023.

Project Research | Transformers Research Report on Multi-Block Parallel Processing Public Chain

TFSC (Transformers Chain) is a completely decentralized public chain and a high-performance distributed system with continuous expansion transaction capability that anyone can participate in.

A Detailed Explanation of the Shoal Framework: How to Reduce Bullshark Latency on Aptos?

Shoal is a framework that enhances any Narwhal-based consensus protocol (such as DAG-Rider, Tusk, Bullshark) through pipelining and leader reputation.

Key News

Powell: We treat stablecoins as a form of currency, and it would be a mistake to make stablecoin an issue of weakness for the Fed

Kaito AI launches internal testing of the industry’s first AI encrypted search engine WHAT based on large language models

Ethereum developers are considering raising the validator limit from 32ETH to 2048ETH

Foreign media: Huang Licheng bought a Los Angeles mansion for $25 million last week

Asset management giant Fidelity is reportedly considering acquiring Grayscale or applying for a bitcoin spot ETF

Warning: The new coin theft software Mystic Stealer can attack 40 browsers and 70 browser extensions

Data: There are over 420 million cryptocurrency users worldwide, of which 260 million are in Asia

DeFi protocol Maverick completes $9 million financing, led by Peter Thiel’s Founders Fund

The bitcoin price on Binance.US briefly soared to $138,000 today

Cryptocurrency supporter Joseph Tsai is set to become the chairman of Alibaba Group Holding’s board of directors

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