Global Market Overview: October was marked by strong anticipation of regulatory developments, particularly the potential approval of spot Bitcoin ETFs, driving increased institutional interest. Bitcoin led the bullish trend, appreciating 28% month-on-month and more than 108% year-to-date, with its dominance peaking at 53%, the highest since April 2021. Other cryptocurrencies, such as Solana, have also shown impressive gains, indicating a broader market recovery. Click here to read
One more L2 joins the L2 War. This time it’s Blast founded by Pacman, the founder of NFT marketplace Blur. On November 21, 2023, Optimistic Rollup-based Layer 2 network Blast closed a $20 million funding round consisting of Andrew Kang, co-founder of Paradigm, Standard Crypto, eGirl Capital, and Mechanism Capital, Hasu, Foobar, strategic advisor to Lido, and Larry, CEO of The Block Cermak and other investments. Click here to read
The convergence of AI and encryption has become a craze, and AI-related projects have become popular. But what are the use cases, and are they gaining meaningful adoption? This article will give you a breakdown of some of the larger project use cases in this space. Click here to read
Communicating with a few VC friends by chance, I can clearly feel their anxiety, and the VCs are also very FOMO and uneasy by this wave of heterogeneous bull market, the reason is very simple: The market is very hot, but it has nothing to do with them. Click here to read
More and more institutional investors are attracted to Bitcoin, with more than $1 billion injected into Bitcoin in just two months. This is arguably a bellwether for crypto recovery, boding the trajectory of the market in 2023 and beyond. Bitcoin is gradually gaining acceptance from institutional investors as an orthodox asset class with considerable long-term growth potential. In addition, the combination of Bitcoin’s limited supply and the upcoming halving event enhances its appeal, especially for investors looking for scarcity, as well as the potential launch of a Bitcoin ETF. Click here to read