1. OpenSea Foundation Established: NFT Market Recovery and Airdrop Gold Rush Season Approaches
Recently, The Block co-founder Mike Dudas revealed on social media that OpenSea has registered a foundation in the Cayman Islands, and the anonymous researcher of the Azuki NFT series, Waleswoosh, also published a screenshot of OpenSea's registration in the Cayman Islands. Typically, Web3 projects register foundations in preparation for token issuance, raising speculation about upcoming tokens and user airdrops. However, OpenSea still faces regulatory enforcement from the SEC, leading to uncertainty in its token issuance prospects. Additionally, OpenSea had previously adopted traditional financing models, which have somewhat limited its token issuance process. But facing competitive incentives from platforms like Blur and Rarible, it will be difficult to gather liquidity without a points system, and it is expected that OpenSea will implement a relatively compromise plan to benefit users. Click to read
2. Grayscale: 7 Indicators to See How Far This Bull Market Has Come
Historically, cryptocurrencies show a clear four-year cycle, experiencing consecutive phases of price rises and falls. Grayscale research suggests that investors can monitor various blockchain-based indicators and other metrics to track the crypto cycle, providing a basis for risk management decisions. Click to read
3. BTC The Last Mega Cycle Discussing Bitcoin Value and Price
The value of BTC in the macro realm, compared to bonds and stocks from financial history, is the 'fuel' for a new round of human technological development; in the meso realm, it is the currency of the digital world that humanity will inevitably enter in the future, as well as an index; in the micro realm, it involves the implementation of a new round of legal regulations and compliance in token issuance, thereby siphoning off global private investment demand. Click to read
4. Ethereum Returns to $4000: Has the Ecological Fundamental Really Changed?
After a few days of bull market adjustments, the ETH price has once again surpassed $3900. Looking back at Ethereum's development over the past year, there are many complex factors and emotions. On one hand, the Cancun upgrade was successfully completed, and the spot ETF was officially approved, bringing a new bull market appearance in both technology and fundamentals; on the other hand, with Bitcoin, SOL, and BNB continuously breaking historical highs, ETH's price remains hovering around the $4000 mark. Click to read
5. Galaxy Research Director: Future Trends in the U.S. Crypto Market and Regulatory Landscape
Bitcoin is the biggest winner of the election so far. Since November 5, the world's oldest and largest cryptocurrency, Bitcoin, has risen by 40%, and there is reason to believe that there will be more gains in the future. Other crypto assets will also benefit. Investors expect a shift in the U.S. Securities and Exchange Commission's stance on digital assets, and many have pointed out how the relaxation or rollback of the SEC's classification of crypto assets as securities will support the crypto market and stakeholders. Click to read
