1. Companies Learning MicroStrategy Are Aggressively Buying Bitcoin
The current behavior of MicroStrategy purchasing Bitcoin can be simply summarized as: issuing convertible corporate bonds to raise funds from the public, and then using the raised funds to buy Bitcoin as corporate reserves. It is precisely because Bitcoin continues to rise that MicroStrategy's company valuation and stock price increase. Click to read
2. Meme Coins on Solana: Saturated Supply and Limited Liquidity
Since our last article on meme coins (in March this year), the total market size and market share of the industry have continued to grow steadily, showing no signs of significant stagnation. There is no doubt that it is the fastest horse on the track. Click to read
3. Quick Comparison of PumpFun and Clanker: Who Do You Favor?
Despite Clanker successfully guiding a large volume of transactions on Base, it has yet to send any positive signals to Farcaster. Early BOT sniping seems to be an issue, but there is no clear/accurate data showing its toxicity. The user base of Farcaster is limited, which may hinder the growth in token numbers. However, this design can provide strategic value for both Base and Farcaster. Click to read
4. Why Has Ethereum's Price Been Rising Recently?
The rise in Ethereum prices is mainly due to Bitwise's recent ETF application submitted to the U.S. Securities and Exchange Commission, as ETH prices could reach $4,000 by December. ETH has risen 5.75% in the last 24 hours, reaching around $3,640 on November 28. The performance of the second-largest cryptocurrency has outpaced the overall cryptocurrency market, which rose 2.82% in the same period. Click to read
5. What Successes Has the Solana Ecosystem Achieved in 2024?
SOL not only rebounded in 2024 but also underwent a rebirth, skyrocketing from around $40 a year ago to a recent all-time high of over $260. Critics questioning the network's reliability have fallen silent. Solana has proven its capability, achieving near-perfect uptime and demonstrating its ability to scale effortlessly. Monthly trading volume on DEXes on Solana has surpassed $100 billion, while open interest in futures has reached a historic high of $4.54 billion. These numbers do not lie. Click to read