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Author: Jocy, IOSGVC Founder Source: https://twitter.com/JinzhouLin/status/1732233990873264271 1、Scale Growth Resulting from Effective Regulation With Binance’s regulatory episode comes to a conclusion, many perceive it as negative news for the industry — a process of “Crypto’s biggest unicorn ultimately compromising with regulation.” However, from my perspective, it signifies the removal of the biggest potential risk area. The overall industry risk is now manageable, moving towards a regulated market direction. This is expected to accelerate the approval and implementation of ETFs. Envisioning the future: Currently, CME trading volume constitutes over 25% of the entire BTC Futures (confirming the speculation of significant institutional entry). With the weakening of U.S. regulations, BTC’s trading volume on compliant exchanges like Binance/Coinbase is poised to dominate the market share. We might even witness Nasdaq directly listing BTC and ETH. In such a scenario, one can imagine the...

Author: defioasis In the past month, as the Crypto market overall has shown signs of recovery, the mainstream NFT market place s have welcomed their first four consecutive weeks of positive growth in trading volume for the second half of this year, (a feat last seen from the end of January to mid-February) with trading volumes nearly doubling. This growth is significantly higher than the rise in the value of ETH, indicating an increase in the volume of transactions in ETH. On the other hand, the prices of blue-chip NFTs have also seen a rebound, with BAYC returning above the 30 ETH mark, and Azuki seeing an increase of over 17% in the past month. (Note: Unless otherwise specified, the volumes mentioned below do not include wash trades.) (Source: https://x.com/punk9059/status/1720431770804371564?s=20 ) Under the current market conditions where ETH’s gains are not outpacing those of BTC, ETH holders are reluctant to switch their holdings to BTC. Without taking on explicit leverage, inves...

1. Modular Blockchain Celestia Mainnet Goes Live link On October 31st, Celestia successfully deployed its mainnet test version, marking the launch of its modular network. The mainnet test version, codenamed Lemon Mint, introduces Data Availability Sampling (DAS). The Celestia mainnet test version will enable Rollup and other modular chains to utilize Celestia for data availability and consensus. With the launch of the Celestia mainnet, its native token TIA was also created and listed on multiple major exchanges. As of the time of writing, TIA is trading at approximately $2.4, with a total token supply of 1 billion and a fully diluted valuation of around $2.4 billion, which is lower than other mainstream L2 tokens. 2. Starknet Launches Early Community Member Program with Distribution of 50 Million STRK Tokens link On October 31st, the Starknet Foundation announced the Starknet Early Community Member Program (ECMP), dedicated to distributing 50 million STRK tokens to early ecosystem cont...

Author: defioasis On August 10th, Base on-chain social application friend tech caused a sensation in community, with users clamoring for invitation codes to join. Tens of thousands of users poured into this new L2 network. However, this good fortune didn’t last long; the popularity sustained for less than three days before friend techs’ activity took a cliff-like dive. Just when everyone thought it had silently exited the stage of history, friend tech boldly returned with news of a seed round of financing from the top crypto vc, Paradigm. Additionally, with the first distribution of its points, users who had originally left rapidly flowed back, creating a new trend on social media and attracting an even larger influx of new users. According to the CryptoKoryo dashboard, as of 19:30 on August 19th, in roughly 10 days since its inception, friend tech has achieved a volume surpassing 11k ETH, with the number of unique users exceeding 39k and a cumulative total of over 51.8k transactions. ...