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LD Capital is one of the earliest crypto funds with a portfolio of over 250 projects in primary market, business arm includes hedge fund and web3 Incubator.A
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LD Capital: Notcoin, the project launched in Binance Launchpool 54Project Description: Notcoin is a Telegram-based game where players earn in-game currency by clicking on the "coins" in the picture. The game was developed by Sasha Plotvinov, the founder of Open Builders. It is not a well-known AAA game. It is a small game similar to some social applications of Web2. Its highlight is that it is backed by the $Ton public chain (market value has long been in the top 20). Notcoin currently has more than 30 million participants, with an average daily active user base of 5 million. In addition, Telegram has more than 900 million monthly active users, with more than 2.5 million new users registering every day.

LD Capital: Notcoin, the project launched in Binance Launchpool 54

Project Description:
Notcoin is a Telegram-based game where players earn in-game currency by clicking on the "coins" in the picture.
The game was developed by Sasha Plotvinov, the founder of Open Builders. It is not a well-known AAA game. It is a small game similar to some social applications of Web2.
Its highlight is that it is backed by the $Ton public chain (market value has long been in the top 20). Notcoin currently has more than 30 million participants, with an average daily active user base of 5 million. In addition, Telegram has more than 900 million monthly active users, with more than 2.5 million new users registering every day.
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Research report on Binance Megadrop’s first project BounceBit ($BB)Project Description: BounceBit is a Bitcoin re-staking protocol and native BTC re-staking chain, developed as a sister company of Bounce Finance. It adopts a dual-token staking system secured by Bitcoin and BounceBit tokens, introducing a unique combination of DeFi and CeFi yield mechanisms, enabling BTC holders to earn income through native validator staking, the DeFi ecosystem, and the CeFi mirror mechanism. project financing: At the end of February 2024, BounceBit completed a $6 million seed round of financing, led by Blockchain Capital and Breyer Capital, with participation from dao 5, CMS Holdings, Bankless Ventures, NGC Ventures, Matrixport Ventures, DeFiance Capital, OKX Ventures and HTX Ventures. Individual investors include EigenLayer Chief Strategy Officer Calvin Liu. Details: https://twitter.com/bounce_bit/status/1762874894520656120

Research report on Binance Megadrop’s first project BounceBit ($BB)

Project Description:
BounceBit is a Bitcoin re-staking protocol and native BTC re-staking chain, developed as a sister company of Bounce Finance. It adopts a dual-token staking system secured by Bitcoin and BounceBit tokens, introducing a unique combination of DeFi and CeFi yield mechanisms, enabling BTC holders to earn income through native validator staking, the DeFi ecosystem, and the CeFi mirror mechanism.
project financing:
At the end of February 2024, BounceBit completed a $6 million seed round of financing, led by Blockchain Capital and Breyer Capital, with participation from dao 5, CMS Holdings, Bankless Ventures, NGC Ventures, Matrixport Ventures, DeFiance Capital, OKX Ventures and HTX Ventures. Individual investors include EigenLayer Chief Strategy Officer Calvin Liu. Details: https://twitter.com/bounce_bit/status/1762874894520656120
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Cycle Capital Recearch: 5.6 Weekly Report: Expectations of interest rate cuts finally settled, valuation repair beginsLast week, the global risk asset market rose across the board, with SP500 +0.5%, Nas100 +1%, Hang Seng Index and CSI 300 up 4.7% and 0.6% respectively, and Nikkei 225 and Korea Composite Index both up 0.8%. Most of the major government bond yields fell, and the 10-year US Treasury yield fell sharply by 17bp to 4.50%. Due to the release of a number of key data and policies, the market's uncertainty about interest rates has temporarily settled. The market's expectations for a possible slowdown in inflation have increased, providing the Federal Reserve with room to cut interest rates, and the market has thus entered a round of valuation repair/oversold rebound. Things that reassured the market included the lower-than-expected US non-farm payrolls report, ISM manufacturing PMI, service industry index, dovish signals from FOMC and Powell, Apple and Amazon's 100 billion buybacks and strong earnings, and Hamas and Israel's peace talks mediated by major powers. The only slightly disturbing thing was the ECI labor costs and the Ministry of Finance's quarterly bond issuance that exceeded expectations.

Cycle Capital Recearch: 5.6 Weekly Report: Expectations of interest rate cuts finally settled, valuation repair begins

Last week, the global risk asset market rose across the board, with SP500 +0.5%, Nas100 +1%, Hang Seng Index and CSI 300 up 4.7% and 0.6% respectively, and Nikkei 225 and Korea Composite Index both up 0.8%. Most of the major government bond yields fell, and the 10-year US Treasury yield fell sharply by 17bp to 4.50%. Due to the release of a number of key data and policies, the market's uncertainty about interest rates has temporarily settled. The market's expectations for a possible slowdown in inflation have increased, providing the Federal Reserve with room to cut interest rates, and the market has thus entered a round of valuation repair/oversold rebound.

Things that reassured the market included the lower-than-expected US non-farm payrolls report, ISM manufacturing PMI, service industry index, dovish signals from FOMC and Powell, Apple and Amazon's 100 billion buybacks and strong earnings, and Hamas and Israel's peace talks mediated by major powers. The only slightly disturbing thing was the ECI labor costs and the Ministry of Finance's quarterly bond issuance that exceeded expectations.
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LD Capital: 4.29 Funds rush to invest in technology and China, and the moderate debt issuance plan may bring optimismLast week, there were many economic information such as the earnings reports of large companies, GDP data and inflation indicators that the Federal Reserve pays attention to. Investors are faced with a massive influx of information and need to constantly reprice their assets. The market also showed large fluctuations, and the overall N-shaped trend ended up higher. Especially driven by technology stocks (Microsoft and Google's good earnings reports), the stock market has recovered half of the losses in April. After falling 5.4% last week, the Nasdaq 100 index rebounded 4% this week, and the S&P small-cap Russell 2000 rose by more than 2%. Only the Dow Jones Industrial Average rose by less than 1%.

LD Capital: 4.29 Funds rush to invest in technology and China, and the moderate debt issuance plan may bring optimism

Last week, there were many economic information such as the earnings reports of large companies, GDP data and inflation indicators that the Federal Reserve pays attention to. Investors are faced with a massive influx of information and need to constantly reprice their assets. The market also showed large fluctuations, and the overall N-shaped trend ended up higher. Especially driven by technology stocks (Microsoft and Google's good earnings reports), the stock market has recovered half of the losses in April. After falling 5.4% last week, the Nasdaq 100 index rebounded 4% this week, and the S&P small-cap Russell 2000 rose by more than 2%. Only the Dow Jones Industrial Average rose by less than 1%.
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LD Capital: Renzo, the project launched in Binance Launchpool 53This article briefly introduces the projects launched in Binance Launchpool Phase 53#Renzo Project Description: Renzo is an Ethereum re-staking protocol based on Eigenlayer. It simplifies the complexity of re-staking on EigenLayer and provides users with a more convenient and liquid way to participate. Renzo allows users to deposit Ethereum and in the future can use Liquidity Restaking Tokens (LST) to exchange for ezETH, a Liquidity Restaking Token (LRT) that can be used in DeFi applications. In short, Renzo is like a convenient bridge that allows users to interact with the EigenLayer ecosystem more easily.

LD Capital: Renzo, the project launched in Binance Launchpool 53

This article briefly introduces the projects launched in Binance Launchpool Phase 53#Renzo

Project Description:
Renzo is an Ethereum re-staking protocol based on Eigenlayer. It simplifies the complexity of re-staking on EigenLayer and provides users with a more convenient and liquid way to participate.
Renzo allows users to deposit Ethereum and in the future can use Liquidity Restaking Tokens (LST) to exchange for ezETH, a Liquidity Restaking Token (LRT) that can be used in DeFi applications. In short, Renzo is like a convenient bridge that allows users to interact with the EigenLayer ecosystem more easily.
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LD Capital: Exploring dappOS and the booming development of the central infrastructure<br /><br /> Author: Alfred, Duoduo 1. What is Intention? Since Paradigm explained the concept of intent in "Intent-Based Architectures and Their Risks" published on June 1, 2023, "Intent-Centric" has become an important concept and development direction of Web3. 1. Definition of Intent In Paradigm's definition, "Intent is a set of signed declarative constraints that allow users to outsource transaction creation to a third party without giving up full control over the transaction parties." Simply put, intent is goal-oriented, weakening or ignoring the implementation process. For example, I want D and am willing to pay A as a cost, without the need to perform the A-B-C-D process operation, and outsourcing the intermediate links to a third party. In abstract terms, the declarative paradigm is centered on intent, while Web3's previous transactions or operations were mostly imperative paradigms.

LD Capital: Exploring dappOS and the booming development of the central infrastructure

<br /><br />

Author: Alfred, Duoduo
1. What is Intention?
Since Paradigm explained the concept of intent in "Intent-Based Architectures and Their Risks" published on June 1, 2023, "Intent-Centric" has become an important concept and development direction of Web3.
1. Definition of Intent
In Paradigm's definition, "Intent is a set of signed declarative constraints that allow users to outsource transaction creation to a third party without giving up full control over the transaction parties." Simply put, intent is goal-oriented, weakening or ignoring the implementation process. For example, I want D and am willing to pay A as a cost, without the need to perform the A-B-C-D process operation, and outsourcing the intermediate links to a third party. In abstract terms, the declarative paradigm is centered on intent, while Web3's previous transactions or operations were mostly imperative paradigms.
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LD Capital: 4.22 Macro Weekly Report. Record withdrawals and adjustments during the tax season, geopolitical risks gradually fade, and halving reflexivityMarket Overview The Nasdaq and S&P indices fell sharply in the past week and fell below their respective 50-day moving averages, experiencing their worst week in more than a year. After the past three weeks of retreat, the US and Japanese stock markets have basically given up half of their gains. The performance of the S&P 500 and Nasdaq 100 this year has been lower than that of the CSI 300: Last week, technology leaders were the biggest losers, with double-digit declines (even higher than Bitcoin). Nvidia fell 14.5%, breaking through the 50-day moving average and the key support level of $800, ARM fell 31%, AMD fell 22%, Broadcom fell 12%, AMD fell 11%, and Tesla fell 14%. In contrast, consumer goods and utilities sectors performed best, falling only 0.3%.

LD Capital: 4.22 Macro Weekly Report. Record withdrawals and adjustments during the tax season, geopolitical risks gradually fade, and halving reflexivity

Market Overview
The Nasdaq and S&P indices fell sharply in the past week and fell below their respective 50-day moving averages, experiencing their worst week in more than a year. After the past three weeks of retreat, the US and Japanese stock markets have basically given up half of their gains. The performance of the S&P 500 and Nasdaq 100 this year has been lower than that of the CSI 300:

Last week, technology leaders were the biggest losers, with double-digit declines (even higher than Bitcoin). Nvidia fell 14.5%, breaking through the 50-day moving average and the key support level of $800, ARM fell 31%, AMD fell 22%, Broadcom fell 12%, AMD fell 11%, and Tesla fell 14%. In contrast, consumer goods and utilities sectors performed best, falling only 0.3%.
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LD Capital: Solana high-performance public chain revitalization and project analysisAuthor: Jaden, Jill 1. Basic introduction Solana is a PoH-based Layer 1 blockchain that features high energy efficiency, high transaction speed, and low fees. It was founded by former Qualcomm executive Anatoly Yakovenko in 2017. After the FTX crash, the price of SOL tokens and the entire ecosystem suffered a fatal blow. For more than a year, the Solana ecosystem has been in an extremely depressed state. At present, the Solana ecosystem has restored its vitality, mainly for the following reasons: 1) The overall market recovery. According to Artemis data, on October 1, 2023, the market value of stablecoins in the blockchain market was 130B. In the fourth quarter of 2023, the market value of stablecoins increased to 135.5B. As of March 26, 2024, the number of stablecoins in the market increased to the current 156.5B. The market value of stablecoins on Solana increased from 883.9M to 97.5B, a growth rate of approximately 170,000%.

LD Capital: Solana high-performance public chain revitalization and project analysis

Author: Jaden, Jill
1. Basic introduction
Solana is a PoH-based Layer 1 blockchain that features high energy efficiency, high transaction speed, and low fees. It was founded by former Qualcomm executive Anatoly Yakovenko in 2017. After the FTX crash, the price of SOL tokens and the entire ecosystem suffered a fatal blow. For more than a year, the Solana ecosystem has been in an extremely depressed state.
At present, the Solana ecosystem has restored its vitality, mainly for the following reasons:
1) The overall market recovery. According to Artemis data, on October 1, 2023, the market value of stablecoins in the blockchain market was 130B. In the fourth quarter of 2023, the market value of stablecoins increased to 135.5B. As of March 26, 2024, the number of stablecoins in the market increased to the current 156.5B. The market value of stablecoins on Solana increased from 883.9M to 97.5B, a growth rate of approximately 170,000%.
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LD Capital: 4.1 Macro Weekly Report, a critical week for position adjustment at the end of the quarterU.S. stocks had their best start to the year in five years in the first quarter Last week, technology stocks were generally under pressure, digital currencies rebounded to a certain extent, and related stocks also performed positively: But as of the end of March, European and American stock markets have risen for five consecutive months for the first time in ten years. The S&P has risen by more than 10% for two consecutive quarters. The Nasdaq lagged slightly behind in the first quarter of this year, but it also rose by more than 9%, mainly due to the The performance of some big technology companies was dragged down. Tesla fell nearly 30% in the first quarter, Nvidia rose 80%, and Apple fell 10%. According to Goldman Sachs PB data, TMT stocks (information technology + communication services) were continuously net sold in the last three trading days before the end of the quarter, accounting for approximately 75% of the total net sales of single stocks in the United States last week. It currently accounts for 29.1% of the total net exposure to U.S. stocks, which is down from the peak of 32.5% in mid-February and the levels in the past one and five years.

LD Capital: 4.1 Macro Weekly Report, a critical week for position adjustment at the end of the quarter

U.S. stocks had their best start to the year in five years in the first quarter
Last week, technology stocks were generally under pressure, digital currencies rebounded to a certain extent, and related stocks also performed positively:

But as of the end of March, European and American stock markets have risen for five consecutive months for the first time in ten years. The S&P has risen by more than 10% for two consecutive quarters. The Nasdaq lagged slightly behind in the first quarter of this year, but it also rose by more than 9%, mainly due to the The performance of some big technology companies was dragged down. Tesla fell nearly 30% in the first quarter, Nvidia rose 80%, and Apple fell 10%.
According to Goldman Sachs PB data, TMT stocks (information technology + communication services) were continuously net sold in the last three trading days before the end of the quarter, accounting for approximately 75% of the total net sales of single stocks in the United States last week. It currently accounts for 29.1% of the total net exposure to U.S. stocks, which is down from the peak of 32.5% in mid-February and the levels in the past one and five years.
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LD Capital: "Can the viral Notcoin become a meme coin that breaks the Ton ecosystem?" 》Author Alfre, LD Capital 1. TON backed by 900 million monthly active users The Open Netwotk (TON), formerly known as Telegram Open Network, was created by the Telegram team in 2018. After being accused by the SEC of conducting unregistered securities issuance during the ICO era, the Telegram team paid a fine to reach a settlement and abandoned the project, which was established by the community. TON Foundation continues to develop and operate. Although it is nominally separated from Telegram, the actual connection between the two is still direct. TON has always been the only public chain officially supported by Telegram and continues to be deeply integrated with Telegram. TON will continue to benefit from Telegram’s huge user base and As a traffic portal, Telegram will build a decentralized digital ecosystem with freedom and privacy by supporting TON.

LD Capital: "Can the viral Notcoin become a meme coin that breaks the Ton ecosystem?" 》

Author Alfre, LD Capital

1. TON backed by 900 million monthly active users
The Open Netwotk (TON), formerly known as Telegram Open Network, was created by the Telegram team in 2018. After being accused by the SEC of conducting unregistered securities issuance during the ICO era, the Telegram team paid a fine to reach a settlement and abandoned the project, which was established by the community. TON Foundation continues to develop and operate. Although it is nominally separated from Telegram, the actual connection between the two is still direct. TON has always been the only public chain officially supported by Telegram and continues to be deeply integrated with Telegram. TON will continue to benefit from Telegram’s huge user base and As a traffic portal, Telegram will build a decentralized digital ecosystem with freedom and privacy by supporting TON.
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LD Capital: Nervos Network (CKB): UTXO isomorphic BTC L2<br /><br />Author: LD Capital, duoduo, Alfred<br /><br /><br /> 1. Brief classification of BTC L2 The rise of BTC L2 is a narrative that cannot be ignored in this round of market conditions. BTC L2 includes at least two aspects: one is offchain, which is not on the BTC chain, but has some relationship with the BTC chain, such as joint mining associated with the consensus algorithm, or asset bridging, etc. The second is that it can provide some capabilities that are stronger than the BTC chain itself, mainly including three aspects - performance optimization, programming, and privacy. The capabilities in these three aspects may not necessarily be fully realized, and the focus will be different in different projects and stages. At this stage, most BTC L2 hopes to achieve performance optimization and programming capabilities to provide faster application products and enrich the BTC ecosystem.

LD Capital: Nervos Network (CKB): UTXO isomorphic BTC L2

<br /><br />Author: LD Capital, duoduo, Alfred<br /><br /><br />
1. Brief classification of BTC L2
The rise of BTC L2 is a narrative that cannot be ignored in this round of market conditions. BTC L2 includes at least two aspects: one is offchain, which is not on the BTC chain, but has some relationship with the BTC chain, such as joint mining associated with the consensus algorithm, or asset bridging, etc. The second is that it can provide some capabilities that are stronger than the BTC chain itself, mainly including three aspects - performance optimization, programming, and privacy. The capabilities in these three aspects may not necessarily be fully realized, and the focus will be different in different projects and stages. At this stage, most BTC L2 hopes to achieve performance optimization and programming capabilities to provide faster application products and enrich the BTC ecosystem.
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LD Capital: Growth concepts pull back, focus on stagflation bulls, crypto fund inflows hit recordGlobal Market Overview The A-share market as a whole was volatile and differentiated, showing a shallow V trend, and closed slightly higher this week. The Hong Kong stock market first rose and then fell, closing overall higher. The increase was greater than that of the A-share market. The higher-than-expected CPI and import and export data during the period boosted sentiment. The financing support of Vanke from many banks alleviated market concerns. Foreign investors have been bullish on the Chinese stock market. Although technology stocks with better performance once led the stock market to rebound, as CPI and PPI both exceeded expectations, the market cooled down on continuous easing expectations. The three major U.S. stock indexes collectively closed down this week; while inflation growth in Germany and France slowed down, European stock markets as a whole closed higher. The average salary increase Japan's Haruto has received so far is 5.28%, a 30-year high. Analysts believe this may prompt the Bank of Japan to raise interest rates in March, putting Japanese stocks under slight pressure.

LD Capital: Growth concepts pull back, focus on stagflation bulls, crypto fund inflows hit record

Global Market Overview
The A-share market as a whole was volatile and differentiated, showing a shallow V trend, and closed slightly higher this week. The Hong Kong stock market first rose and then fell, closing overall higher. The increase was greater than that of the A-share market. The higher-than-expected CPI and import and export data during the period boosted sentiment. The financing support of Vanke from many banks alleviated market concerns. Foreign investors have been bullish on the Chinese stock market. Although technology stocks with better performance once led the stock market to rebound, as CPI and PPI both exceeded expectations, the market cooled down on continuous easing expectations. The three major U.S. stock indexes collectively closed down this week; while inflation growth in Germany and France slowed down, European stock markets as a whole closed higher. The average salary increase Japan's Haruto has received so far is 5.28%, a 30-year high. Analysts believe this may prompt the Bank of Japan to raise interest rates in March, putting Japanese stocks under slight pressure.
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LD Capital: "Returning to AI's NEAR, superimposing multiple narratives or ushering in value discovery"1. Fundamental overview Introduction: NEAR Protocol is a first-layer blockchain based on sharding and PoS designed to incentivize computer networks to run a platform for developers to create and launch decentralized applications. Unlike other blockchains, the NEAR Protocol network was built from the ground up to be easily adopted by developers and their end-users, while still providing the scalability needed to serve those users. Specifically, NEAR is designed to make it easier to achieve the following goals: (1) Build decentralized applications - Whether you are an experienced blockchain developer or are only used to building using "traditional" network or application concepts, NEAR makes it easy to build the next generation of decentralized applications .

LD Capital: "Returning to AI's NEAR, superimposing multiple narratives or ushering in value discovery"

1. Fundamental overview
Introduction: NEAR Protocol is a first-layer blockchain based on sharding and PoS designed to incentivize computer networks to run a platform for developers to create and launch decentralized applications.
Unlike other blockchains, the NEAR Protocol network was built from the ground up to be easily adopted by developers and their end-users, while still providing the scalability needed to serve those users. Specifically, NEAR is designed to make it easier to achieve the following goals:
(1) Build decentralized applications - Whether you are an experienced blockchain developer or are only used to building using "traditional" network or application concepts, NEAR makes it easy to build the next generation of decentralized applications .
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LD Capital: Is 3.11 overheated? BTC AUM is close to gold GLD, technology stock funds outflow for the first time in 2 monthsMarket Summary In terms of U.S. stocks, although Tesla, Apple, and Google among the "Big Seven" stocks have performed poorly this year, other stocks such as Nvidia and Meta have performed strongly, and the overall market continues to hit new highs. However, chip stocks experienced a sharp correction on Friday, with NVDA experiencing its largest single-day decline in more than nine months - 5.6%. Considering that earlier in the session, Nvidia's stock price once rose 5.1% and AMD once rose 7.5%, the market seems There is a tendency to take profits. Since AI currently dominates the positive sentiment in the entire market, chip stocks lead the entire risk asset market, and NVDA is the leading player, so we must pay close attention to the progress of this stock. Of course, it is difficult to find fault with the company’s current fundamentals. The valuation is high but not exaggerated. The main bearish views are as follows:

LD Capital: Is 3.11 overheated? BTC AUM is close to gold GLD, technology stock funds outflow for the first time in 2 months

Market Summary
In terms of U.S. stocks, although Tesla, Apple, and Google among the "Big Seven" stocks have performed poorly this year, other stocks such as Nvidia and Meta have performed strongly, and the overall market continues to hit new highs. However, chip stocks experienced a sharp correction on Friday, with NVDA experiencing its largest single-day decline in more than nine months - 5.6%. Considering that earlier in the session, Nvidia's stock price once rose 5.1% and AMD once rose 7.5%, the market seems There is a tendency to take profits.
Since AI currently dominates the positive sentiment in the entire market, chip stocks lead the entire risk asset market, and NVDA is the leading player, so we must pay close attention to the progress of this stock. Of course, it is difficult to find fault with the company’s current fundamentals. The valuation is high but not exaggerated. The main bearish views are as follows:
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LD Capital: The NVIDIA GTC conference is about to take place. Let’s take a quick look at the AI ​​encryption projects worth paying attention to this year. The NVIDIA GTC conference is coming soon. Let’s take a quick look at the AI ​​encryption projects worth paying attention to this year.Author: LD Capital The 2024 NVIDIA GTC Conference will be held in San Jose, California, USA from March 17th to 21st. NVIDIA CEO Jensen Huang will deliver a speech on the theme of "Don't Miss the Transformational Moment of Artificial Intelligence" and will expand to hold more than 900 inspiring meetings. , 300+ exhibitions, 20+ technical seminars covering generative AI and more, and plenty of networking events. This conference will once again focus the attention of the global market on popular fields such as AI, the Metaverse, and semiconductors. Various related AI track encryption targets have also risen in advance. Since the AI ​​track in the encryption world has taken shape in 2023, various AI targets in 2024 will become one of the main lines of speculation and investment throughout the year. This article will take a quick look at some AI encryption projects worthy of attention.

LD Capital: The NVIDIA GTC conference is about to take place. Let’s take a quick look at the AI ​​encryption projects worth paying attention to this year. The NVIDIA GTC conference is coming soon. Let’s take a quick look at the AI ​​encryption projects worth paying attention to this year.

Author: LD Capital
The 2024 NVIDIA GTC Conference will be held in San Jose, California, USA from March 17th to 21st. NVIDIA CEO Jensen Huang will deliver a speech on the theme of "Don't Miss the Transformational Moment of Artificial Intelligence" and will expand to hold more than 900 inspiring meetings. , 300+ exhibitions, 20+ technical seminars covering generative AI and more, and plenty of networking events. This conference will once again focus the attention of the global market on popular fields such as AI, the Metaverse, and semiconductors. Various related AI track encryption targets have also risen in advance. Since the AI ​​track in the encryption world has taken shape in 2023, various AI targets in 2024 will become one of the main lines of speculation and investment throughout the year. This article will take a quick look at some AI encryption projects worthy of attention.
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LD Capital: Unrealized net profit and loss, changes in long- and short-term holdings, and BTC market value share, analyzing the market stage of BTCLast week, BTC reached a maximum of 64,000, which is very close to the high of 69,000 in the previous bull market. At the same time, the prices of newly issued assets in the market are constantly being pushed up, and bubbles are forming and amplifying. For players who have opened BTC positions in the past two years, they have begun to think about a question: What stage is BTC at now? When should you take profits and exit? Glassnode provides a large number of BTC analysis indicators, from which two indicators, Net Unrealized Profit/Loss (NUPL) and Long/Short-Term Holder Threshold (Long/Short-Term Holder Threshold), are selected to see what the market is doing. location.

LD Capital: Unrealized net profit and loss, changes in long- and short-term holdings, and BTC market value share, analyzing the market stage of BTC

Last week, BTC reached a maximum of 64,000, which is very close to the high of 69,000 in the previous bull market. At the same time, the prices of newly issued assets in the market are constantly being pushed up, and bubbles are forming and amplifying. For players who have opened BTC positions in the past two years, they have begun to think about a question: What stage is BTC at now? When should you take profits and exit?
Glassnode provides a large number of BTC analysis indicators, from which two indicators, Net Unrealized Profit/Loss (NUPL) and Long/Short-Term Holder Threshold (Long/Short-Term Holder Threshold), are selected to see what the market is doing. location.
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LD Capital: 3.4 Weekly Report: Stocks and coins are bullish, new easing, more than 97% of Bitcoin profitsAs seen in February, when bond yields are rising due to positive factors (strong economic growth rather than Fed rate hikes), stocks can do well in this environment. Despite rising interest rates, the S&P and Nasdaq rose about 5% last month, and global stock markets also hit record highs, with many major global stock indexes hitting record highs, including Germany, France, and Japan. Chip stocks rose sharply, with NVIDIA rising another 30%, AMD rising 20%, Broadcom and TSMC rising 17%. The logic of chip stocks is that the closer they are to the upstream of the AI ​​industry chain, the more they will rise. As for downstream software companies, especially big technology, their performance is average. For example, Google fell by 4% in the past month, Apple fell by 2.4%, Microsoft rose by 3%, and Meta rose by 500 Billions of repurchases rose 27%. Crude oil prices edged higher with WTI approaching $80. The U.S. dollar index rose first and then fell, basically flat. Bitcoin and Ethereum are up nearly 50%.

LD Capital: 3.4 Weekly Report: Stocks and coins are bullish, new easing, more than 97% of Bitcoin profits

As seen in February, when bond yields are rising due to positive factors (strong economic growth rather than Fed rate hikes), stocks can do well in this environment. Despite rising interest rates, the S&P and Nasdaq rose about 5% last month, and global stock markets also hit record highs, with many major global stock indexes hitting record highs, including Germany, France, and Japan. Chip stocks rose sharply, with NVIDIA rising another 30%, AMD rising 20%, Broadcom and TSMC rising 17%. The logic of chip stocks is that the closer they are to the upstream of the AI ​​industry chain, the more they will rise. As for downstream software companies, especially big technology, their performance is average. For example, Google fell by 4% in the past month, Apple fell by 2.4%, Microsoft rose by 3%, and Meta rose by 500 Billions of repurchases rose 27%. Crude oil prices edged higher with WTI approaching $80. The U.S. dollar index rose first and then fell, basically flat. Bitcoin and Ethereum are up nearly 50%.
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LD Capital: 1.29 Weekly Report: Rushing to raise money in China, picky investors encounter technology stocks, trillions of new debt plans are releasedSummary The Chinese market deserves the most attention last week, with a series of policies/rumors supporting the Chinese stock market and commodity prices, and the yuan also appreciating sharply. This seems to have changed the negative sentiment towards Chinese assets. Global stock funds and emerging market funds saw substantial net inflows last week, with Chinese stock fund inflows hitting a record high. However, institutional positions in Chinese stocks remain low. U.S. fourth-quarter GDP data, manufacturing PMI data, and personal consumption expenditure data were better than expected. However, both the S&P 500 and U.S. Treasury yields rose slightly, indicating that the market values ​​economic growth more than interest rates. Intel's main performance figures exceeded expectations, but its stock suffered a heavy hit, reflecting investors' picky attitude towards high-valued stocks. China increased its holdings of U.S. debt in November, possibly due to the reconciliation of Sino-U.S. relations and rising U.S. bond prices. This week, attention will be paid to the financial reports of many U.S. technology giants, and volatility may increase. Also pay attention to the policy trends of various central banks and the impact of the U.S. government bond issuance plan in the first quarter.

LD Capital: 1.29 Weekly Report: Rushing to raise money in China, picky investors encounter technology stocks, trillions of new debt plans are released

Summary
The Chinese market deserves the most attention last week, with a series of policies/rumors supporting the Chinese stock market and commodity prices, and the yuan also appreciating sharply. This seems to have changed the negative sentiment towards Chinese assets. Global stock funds and emerging market funds saw substantial net inflows last week, with Chinese stock fund inflows hitting a record high. However, institutional positions in Chinese stocks remain low. U.S. fourth-quarter GDP data, manufacturing PMI data, and personal consumption expenditure data were better than expected. However, both the S&P 500 and U.S. Treasury yields rose slightly, indicating that the market values ​​economic growth more than interest rates. Intel's main performance figures exceeded expectations, but its stock suffered a heavy hit, reflecting investors' picky attitude towards high-valued stocks. China increased its holdings of U.S. debt in November, possibly due to the reconciliation of Sino-U.S. relations and rising U.S. bond prices. This week, attention will be paid to the financial reports of many U.S. technology giants, and volatility may increase. Also pay attention to the policy trends of various central banks and the impact of the U.S. government bond issuance plan in the first quarter.
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LD Capital: Looking at BTC price changes from the Federal Reserve’s monetary policy cycleAlmost all asset prices are affected by the monetary and fiscal policies of the Federal Reserve, and BTC is naturally no exception. Being in the crypto market requires you to always pay attention to various data on the U.S. economy, the attitude of Federal Reserve officials’ speeches, the direction of monetary policy, etc. With the passage of the BTC spot ETF, the impact of the US dollar tide on the crypto market will become increasingly apparent. This article will mainly focus on the chart below to review the BTC price trend at different stages. (1) The Federal Reserve raised interest rates for the last time and then started to cut interest rates. Time: 2018/12 to 2019/7 BTC price performance: first sideways and then rising, rising from about 3,500 to 12,000 US dollars

LD Capital: Looking at BTC price changes from the Federal Reserve’s monetary policy cycle

Almost all asset prices are affected by the monetary and fiscal policies of the Federal Reserve, and BTC is naturally no exception. Being in the crypto market requires you to always pay attention to various data on the U.S. economy, the attitude of Federal Reserve officials’ speeches, the direction of monetary policy, etc. With the passage of the BTC spot ETF, the impact of the US dollar tide on the crypto market will become increasingly apparent. This article will mainly focus on the chart below to review the BTC price trend at different stages.

(1) The Federal Reserve raised interest rates for the last time and then started to cut interest rates.
Time: 2018/12 to 2019/7
BTC price performance: first sideways and then rising, rising from about 3,500 to 12,000 US dollars
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LD Capital: A new public chain with long-term accumulation: Sui’s recent development1. Fundamental overview In June 2019, Facebook (now Meta) announced plans to build a permissioned blockchain and a digital wallet to support the global payment network, and established the Libra Association (later renamed Diem) to be responsible for building the blockchain , subsidiary Calibra (later renamed Novi Finance) is responsible for developing digital wallets. However, neither project was fully realized in the end, and Diem and Novi were terminated in 2022. Later, two independent blockchains were born based on the research of Diem and Novi: Aptos and Sui. Aptos inherited the legacy of Diem and iterated on the technology developed by the project, while Mysten Labs created a new Sui.

LD Capital: A new public chain with long-term accumulation: Sui’s recent development

1. Fundamental overview
In June 2019, Facebook (now Meta) announced plans to build a permissioned blockchain and a digital wallet to support the global payment network, and established the Libra Association (later renamed Diem) to be responsible for building the blockchain , subsidiary Calibra (later renamed Novi Finance) is responsible for developing digital wallets. However, neither project was fully realized in the end, and Diem and Novi were terminated in 2022. Later, two independent blockchains were born based on the research of Diem and Novi: Aptos and Sui. Aptos inherited the legacy of Diem and iterated on the technology developed by the project, while Mysten Labs created a new Sui.
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