1.BTC Approaches $100,000 with Slight Correction—What Will the Market Do Next?
On November 22, BTC surged to a high of $99,588, coming very close to the $100,000 mark. This also allowed the total crypto market capitalization to break through $3.5 trillion, setting a historic high, with Bitcoin's market share exceeding 55%. The market sentiment index shows it remains in the greed phase, and market activity has significantly increased, with altcoins generally experiencing substantial gains following the market trend. Click to read
2.Galaxy: Devcon 2024—Ethereum's 'North Star'
What is Ethereum? Ethereum is the world's most decentralized, valuable, and mature general-purpose blockchain. Although Ethereum is fundamentally a technology, this year's Ethereum developer conference, Devcon, focused on Ethereum as a concept, highlighting how much the principles and values promoting Ethereum protocol development have changed over the years. Click to read
3.Grayscale: How AI Agents + Blockchain are Changing the Crypto World?
In the future, AI agents will fundamentally change the way we interact with the world around us, taking on an unprecedented array of tasks on our behalf. To truly unlock their potential, these digital entities need more than just intelligence—they also require economic autonomy. Fortunately, blockchain is well-suited for this purpose, as evidenced by recent experiments with AI 'influencers'. Click to read
4.The Twists and Impacts of Trump's Treasury Secretary Appointment
The twists and impacts of Trump's Treasury Secretary appointment. Trump experienced much speculation and weighing in selecting a Treasury Secretary. On November 19, Trump nominated Howard Lutnick for Secretary of Commerce. On November 22, Trump nominated Scott Bessen for Treasury Secretary. Trump's appointments for Treasury and Commerce correspond to a policy mix of 'aggressive trade + moderate finance'. In terms of trade, Lutnick, as a trade hawk, may push for a more hardline protectionist stance. On the financial side, Bessen, while supporting Trump's 'deregulation and tax cuts' policies, also emphasizes managing inflation and balancing the deficit. Bessen proposed an economic policy known as the '333 Plan', which aims to reduce the budget deficit to 3% of GDP by 2028, achieve 3% GDP growth through deregulation, and increase oil production by 3 million barrels per day or an equivalent amount of energy. In the short term, investor attention may shift from trade protection risks to a more sustainable U.S. economy and debt outlook, boosting both U.S. stocks and bonds. Click to read
5.How to Seize Opportunities in the Overall Surge of Altcoin Markets?
Having experienced bull and bear cycles and witnessed the rise and fall of many sectors, the crypto market is like a stage full of infinite possibilities. Here, knowledge iterates endlessly; only through continuous learning can one keep pace with the market rhythm and reap wealth within the scope of understanding. As the saying goes, 'One day in the crypto world is like a year in the human world,' this rapid iteration is precisely the unique charm of the crypto market. This is for reference; if you have different views, you are welcome to discuss and exchange. Thank you (All K-line trends are based on weekly data) Click to read