1. More than stablecoins: Reasons to be optimistic about Ethereum

Rather than falling, global demand for the U.S. dollar has exploded. Although news headlines focus on "de-dollarization," a more important trend is emerging: more than 4 billion people and millions of businesses are actively seeking to obtain dollars through stablecoins, representing the largest expansion of the U.S. dollar network effect in decades. Click to read

2. BTC breaks $112,000 to set a new high: What are the positive factors? Is the main uptrend coming?

While the financial market generally pays attention to the policy direction of the Federal Reserve, Bitcoin suddenly exerted its strength in the early morning this morning, breaking through the $110,000 mark and the high price of May 22, reaching a high of $112,009 (CMC data is $111,925.38), an increase of 3.1%, making its cumulative increase this year close to 20%. This wave of Bitcoin's rise still led to the rise of almost the entire cryptocurrency market. Click to read

3. Focus on the CLARITY Act: Full analysis of content, significance and industry evaluation

Recently, the U.S. House of Representatives is considering the Digital Asset Market Clarity Act (CLARITY Act). The bill is based on the 21st Century Financial Innovation and Technology Act and is a market structure bill. US Senator Elizabeth Warren warned that the bill could allow non-crypto companies to circumvent the supervision of the US Securities and Exchange Commission (SEC) by tokenizing assets. According to the House bill, listed companies like Meta or Tesla can completely get rid of SEC supervision by simply putting their own stocks on the blockchain. Click to read

4. Pump.fun coin issuance is an opportunity or a harvest?

On July 12, Pump fun's token Pump will be publicly sold. This public sale is in cooperation with many second-tier exchanges such as Kucoin, Bitget, and MEXC. The total issuance of PUMP is 1 trillion, 33% of which is issued by ICO, and the issue price is 0.004U. Among them, $600 million was raised publicly on the exchange, and $700 million of tokens were sold to institutions in a private placement. Click to read

5. Stablecoin runs and arbitrage centralization

Fiat-backed stablecoins are blockchain assets, and their value is claimed to be stable at $1. This price stability is achieved by promising to back each stablecoin token with at least $1 in U.S. dollar-denominated assets, such as bank deposits, treasuries, corporate bonds, and loans. The market capitalization of the six largest dollar-backed stablecoins has grown from $5.6 billion at the beginning of 2020 to over $130 billion at the beginning of 2022. The potential for stablecoins to become a widely accepted means of payment, competing with fiat currencies and bank deposits, has sparked active discussions on how to mitigate potential risks to financial stability and what the optimal regulatory framework should be. Click to read