1. Galaxy: Bitcoin's Next Major Upgrade? A Feasibility Assessment of OP_CAT and OP_CTV

Changes to the Bitcoin protocol require discussion and collaboration among multiple stakeholders, including but not limited to protocol developers, full nodes, end users, and miners. The consensus process for achieving protocol upgrades is complex and controversial. For example, the "block size dispute" from 2015 to 2017 split the Bitcoin community, with one side wanting to adjust the block size and the other opposing it. Years of debate ultimately led to a permanent fork of the blockchain and the birth of a new cryptocurrency - Bitcoin Cash, a forked version of Bitcoin. Click to read

2. The narrative of altcoin ETFs is no longer effective?

Compared with the market excitement during the approval process of Bitcoin and Ethereum spot ETFs, the market sentiment brought by altcoin ETFs can only be described as negligible. But five months ago, the market was still immersed in the bright prospects of a policy bull market. Wall Street institutions with a keen sense of smell came to the altcoin market, driving a wave of price increases in altcoins. XRP and SOL were the first to be affected and became new concept coins of Wall Street under favorable regulations. Click to read

3. Trump’s so-called "greatness" is "cash maximization"

Trump maximizes cash, ignores or underestimates public goods that are difficult to cash in, and reduces related cash expenditures, which can only reduce cash income more and make the United States further away from "greatness". Click to read

4. Why Bitcoin will continue to hit new highs this year

In the past week, the White House and the Federal Reserve turned a blind eye to the plunge in U.S. stocks, and both sides seemed to have no intention of giving in first in this "chicken game". Although the creation of recession expectations is most likely just a negotiation tactic of Trump's extreme pressure, the uncertainty of policy games has further stimulated the market's risk aversion. Click to read

5. The latest speech by the former deputy governor of the central bank: The rise and challenges of cryptocurrency

The topic I want to share today is "The Rise and Challenges of Cryptocurrency". Cryptocurrency is a digital currency that operates through a computer network. The ownership of each cryptocurrency unit is recorded and stored in a digital ledger or blockchain. Blockchain is the most basic technology of cryptocurrency, and its core is consensus mechanisms such as proof of work (PoW). There are three main types of cryptocurrencies: one is payment-type cryptocurrencies, such as Bitcoin and Ethereum; the second is stablecoins, the most famous of which are the US dollar stablecoins USDT and USDC; the third is the digital currency of the central bank, also known as sovereign digital currency, and larger representatives such as my country's digital RMB. Cryptocurrencies have seven main characteristics, namely: distribution; security; scarcity; anonymity; high volatility of price transactions; large amounts of energy consumption generated by the mining process; and instant transactions on a global scale, without considering the global nature of currency exchange costs and international transfer time costs. Click to read