PANews reported on July 8 that PANews and OKG Research jointly launched the "Digital Uncovering of the Truth about Web3" special project, aiming to use macro data and on-chain data to restore the truth about the Web3 world for readers.
In the article "Crypto Market Repositioning: The Pain of Transformation under the Global Liquidity Dilemma", OKLink Research Institute stated that with the opening of the spot ETF channel in the first half of 2024, the crypto market has transformed from a niche safe-haven market to a market that is highly sensitive to the macro economy. Bitcoin has also transformed from "digital gold" to an "amplifier" of US stock markets such as Nasdaq. However, the dilemma of repositioning is that the demand in the crypto market is not as good as in the second half of 2021, with a gap of about US$23 billion.