The 'Weekly Editor's Picks' is a 'functional' column of Odaily Planet Daily. Based on covering a large amount of real-time information weekly, the Planet Daily also publishes many high-quality in-depth analysis content, but they may be hidden in the information flow and hot news, missing you.
Therefore, our editorial department will select some high-quality articles worth spending time reading and collecting from the content published over the past 7 days every Saturday, providing you with new insights from the perspectives of data analysis, industry judgment, and opinion output in the world of cryptocurrency.
Next, let's read together:
Investment and entrepreneurship
Does an old VC practicing value investing across three cycles face this round of Meme anxiety?
The polarization of the industry is becoming more severe. On one hand, the industry size is growing, with TradFi integrating a large number of crypto assets into Wall Street through compliant means like ETFs, taking away liquidity that is difficult to convert back to our on-site funds; on the other hand, the strong expansion of populist capitalism, the attention economy is further compressed, and the entire financialization process is becoming increasingly simplistic and brutal, with the most crypto-native way becoming direct speculation on Memes, which is also the area that TradFi cannot touch. Whoever finds the breakthrough point will win.
The problem with VC Tokens lies in the vicious cycle of the industry's liquidity supply chain, while a healthy ecosystem is one where all on-chain participants are willing to buy tokens and also willing to promote them.
Meme has become the most unignorable and absent track-level opportunity in the industry; it tokenizes thoughts and emotions into products and capitalizes them. The token itself is the product, so the product community and the trading community become one, forming a synergy.
CEX will change its listing strategy based on market expectations, thus guiding the market direction, while our industry will inevitably fall into a homogenization competition due to the low cost of asset issuance and liquidity premiums, which everyone will become numb to and tired of. This is the power of the cycle.
$15 billion conspiracy: Where will MicroStrategy send Bitcoin?
MicroStrategy is increasing its Bitcoin holdings through bonds and stock sales, with a thick safety cushion; its next debt repayment date is in 2027, and the only soft threat is Bitcoin whales.
Quick overview of the top 15 public companies by BTC holdings profit, see who has grown nearly 30 times?
Crypto dopamine effect: The fusion of AI agents, social finance, and applications for the younger generation
Permissionless and standardized financial and application infrastructure, combined with the free flow of capital and enthusiasm for novelty, provides an excellent experimental platform for super-intelligent new applications. The article also introduces ai16z, Interface, and Hyperliquid.
Buy the rumor series: Expectations for improvements in the regulatory environment are rising, which cryptocurrency benefits the most?
The author believes that the ETH Staking sector will be the one with the highest direct returns, and Lido, as a leading project, may also get out of its current price predicament.
Meme
Meme training manual: What characteristics of early buyers are effective conditions for price increases?
Insider traces are hard to find, focus on tokens with few early independent addresses, with address funding sources from Coinbase and Bybit.
Meme training manual: What are the key points when is the golden time for Meme divine plate?
The frequency of Golden Dog significantly increases after 9 PM Beijing time, and the golden time is from 3-6 AM. Even if you miss it, there are still windows to get in.
Meme profit strategy: If PVP cannot compete, try being a passive LP to enhance returns
In the meme market, trading volatility demand is extremely high, and sensitivity to price is very low, positioning oneself as a passive LP is an excellent strategy to maximize returns. The article details the process steps using BUCK as an example.
Desci becomes the new favorite of Meme, summarizing 8 popular token projects
Representative Desci Meme tokens include platform-type Desci Meme coins: $RIF & $URO, protocol-type Desci Meme coins (Bio ecosystem-related—VITA, RSC, ATH, GROW, bio/acc), donation-type Desci Meme coins (SciHub).
Selling MEME culture, is it a wealth code or a bubble trap?
Meme coins are a perfect tool for measuring community value; they are a tokenized expression of culture.
'Speculation' turns into 'investment', is Meme no longer just PVP?
Meme is an unstoppable tokenized community.
Many Memecoin projects that once seemed to be 'zeroed out' have had their values rediscovered; their worth may be unearthed in the expectation of being 'listed on CEX' in the future, and many true memecoins representing a community culture have been issued, returning to the original cultural value of Memecoins.
We have seen signs that the gears of the Meme SuperCycle are slowly starting to turn; Meme culture has stepped out of PVP and opened a new chapter.
Introducing a strategy for slow hands in Meme: How to ambush the next skyrocketing coin after a big drop?
For users who cannot sit on the chain for long periods, are slow to play the internal market, do not want to rush blindly, often miss ultra-high yield Golden Dogs, are too large in market capitalization to dare to chase highs, and too small in market capitalization to dare to put in too much—one can wait for the once-popular concept of Meme to plummet and gradually build positions. The author believes that WORM, degenai, OPK, BITCAT are worth ambushing.
Also recommend three practical articles: (Step-by-step tutorial: How Meme newcomers can follow smart money) (Hundredfold overnight? How to use GMGN to navigate Meme coins (Beginner's guide)) (Capturing the DeSci trend, a step-by-step guide on how to use Pump.Science).
Bitcoin ecology
When will the wind of the bull market blow to the Bitcoin ecology?
Leading exchanges continue to support the development of the Bitcoin ecology. Rune surpasses BRC-20 to become the number one asset protocol in the BTC ecology.
Based on past experience, the cycle of Bitcoin's bull and bear markets is 3 to 6 months, and it has been half a year since the last bull market. Although there have been ecological hot projects that attracted short-term attention during this time, there has not been a large-scale effect.
Ethereum
Review of 10 projects from the ETHGlobal Bangkok hackathon finals
Multi-ecological
The Base ecology, which quietly nurtures hundredfold opportunities, what speculative targets are there?
DeFi
a16z crypto partner: Looking at the future of stablecoins from 250 years of banking history
Stablecoins provide users with an experience similar to bank deposits and paper money—convenient and reliable value storage, exchange medium, and loans—but in an unbundled 'self-custody' form.
To understand the richness and limitations of stablecoin design, one can refer to the history of banking: which methods are effective, which are ineffective, and why. Like many products in cryptocurrency, stablecoins may quickly replicate banking history, starting with simple paper money and gradually expanding the money supply through complex loan mechanisms.
The author further evaluates fiat-backed stablecoins, asset-backed stablecoins, and strategy-backed synthetic dollars (despite an increase in awareness, they do not meet the definition of stablecoins for trading or storing value).
Stablecoins must first be integrated around a clear, easily understood, and easily redeemable bank note, just as Federal Reserve bank notes gained recognition in the 19th and early 20th centuries. Over time, we can expect the number of asset-backed stablecoins issued by decentralized over-collateralized lending institutions to increase, just as banks increase the M2 money supply through deposit loans. Finally, we can expect DeFi to continue to grow, not only by creating more SBSDs for investors but also by improving the quality and quantity of asset-backed stablecoins.
In-depth discussion of existing stablecoin models: How to end the currency civil war?
Stablecoins are created when the issuer grants loans and are destroyed through the borrower's repayments. Centralized issuers like Tether and Circle mint tokenized dollars, which are essentially digital IOUs based on the dollar deposits made by borrowers. Since their debt is backed by various forms of collateral, stablecoin issuers effectively act as crypto banks.
The existing models of stablecoins face issues of fragmentation, counterparty risk, and a race to the bottom in yields.
The future landscape of stablecoins may be divided into three areas: payment, yield, and middle layer (everything in between). The balance of power structure among these three parts may end the 'currency civil war' and bring much-needed stability to the ecosystem.
Rather than engaging in zero-sum games, this balance will provide a solid foundation for the next generation of DeFi applications and pave the way for further innovation.
Web3 & AI
DeSci: How to use on-chain Memes to challenge the existing scientific research system?
Currently, the economic scale that the DeSci market can supply is still insufficient to support research funding expenditures; DeSci is still in the early stage of the 'market capitalization dream,' and hot speculation is a necessity.
OpenAI drives AI Agent frenzy, summarizing the development trajectory of Crypto AI Agents
The development of AI Agents in the Crypto field currently has two paths: top-down, developed by AI concept projects, more infrastructure-oriented; bottom-up, led by the AI Meme craze, driven by free developers.
The most natural starting point for on-chain AI Agents is DeFi, but first, AI must gain financial autonomy.
ai16z has improved the fairness of DAO investments and crypto proposals to some extent, believing that the integration of AI Agents and DAOs will greatly change the future market landscape.
More autonomous on-chain AI Agents will be co-owned by the community.
Security
Anonymous coders working for the crypto industry could be North Korean hackers
Fake applicants are testing the level of acceptance of anonymity in cryptocurrency.
The United Nations claims that 4,000 North Koreans have attempted to infiltrate the tech industry by obtaining jobs.
In addition to wasting a lot of time, these fake applicants have also harmed a key pillar of the core concept of cryptocurrency. Anonymity and pseudonymity are important values in cryptocurrency. Project teams tend to reject background checks and work at the speed of startups, making them major targets for illegal hiring schemes.
A week of hot topics recap
In the past week, BTC has repeatedly hit historical highs; the popularity of Meme remains unabated, with new sectors and popular targets emerging one after another.
In addition, in terms of policy and macro markets, Gary Gensler may announce his resignation after Thanksgiving; sources: Trump's 'crypto advisory committee' will establish the previously promised Bitcoin reserves; WSJ: Trump met with the Coinbase CEO to discuss personnel appointments; Trump nominated Howard Lutnick as Secretary of Commerce; insiders: Trump's team is considering establishing the first crypto-related position in the White House; Bridgewater: Trump may prefer a Federal Reserve chairman candidate who is more tolerant of inflation; Musk: AGI will appear no later than 2026, and the Optimus robot will reach the next level by then; Elon Musk and Vivek Ramaswamy will launch the 'Dogecast' podcast for the efficiency department of the U.S. government;
In terms of opinions and voices, CZ: Countries will compete to establish Bitcoin strategic reserves; crypto trader Cobie: It's more reasonable for Bitcoin's market value to reach 5-10 times that of gold, as it has become scarcer than gold; Matrixport: Stablecoin inflows hit a new high, indicating strong demand for cryptocurrency; Matrixport: Bitcoin futures hit an annual high, with spot buying driving the surge; Galaxy's research director: Bitcoin ETF options will reduce volatility and increase the BTC investor base; On November 19, Binance clarified: The 'reward-type' BFUSD asset is not a stablecoin and has not been launched yet; ZachXBT: Will not help investigate Memecoins, and Memecoin players are not worth helping; Jupiter founder Meow introduced Jupuary and the ultimate vision; Vitalik: Many people in the Ethereum ecosystem like Moodeng; Litecoin: No connection to projects using the Lester name or likeness on Solana;
Regarding institutions, companies, and projects, MicroStrategy completed a $3 billion convertible note issuance; Trump's media technology group is considering launching a crypto payment platform; ME token economics released: total supply of 1 billion tokens, with an initial claim of 12.5% (interpretation); Aptos officially announced the launch of the Meme coin issuance platform emojicoin.fun; STEPN (GMT) project team launched the BurnGMT website; the controversy between lowercase eliza and ELIZA has seen multiple twists; Vitalik bridged 32 ETH to Base and minted 400 Oracle Patron NFTs (issued by prediction market Truemarkets);
In terms of data, BlackRock's Bitcoin ETF options had a trading volume of $1.9 billion on the first day; report: 98% of the NFT series launched in 2024 have failed, with only 0.2% making a profit;
In terms of security, the on-chain trading terminal DEXX was attacked, with most users' funds being transferred; DEXX founder: will compensate for the losses, no RUG; Pump Science: API key permissions were tampered with, the issue has been fixed, and it will be relaunched after testing is completed; Cosine: The lending project polterfinance was stolen $12 million due to an 'empty market' problem; a user suffered an AI poisoning attack, and their wallet was stolen; Sui: An erroneous upgrade code caused the network to go down, which was fixed within 2.5 hours... Well, another eventful week.
Attached (Weekly Editor's Picks) series transmission portal.
See you next time~
