PANews Editor's Note: PANews has selected a week's worth of high-quality content to help you fill in the gaps during the weekend. Just click on the title to read.
Macro perspective
Arthur Hayes: Crypto market will resume growth in September, and the alt season requires Bitcoin to break through $70,000
The altcoin season will come back only after Bitcoin and Ethereum surpass $70,000 and $4,000 respectively.
Reviewing the 35-year U.S. interest rate cycle: Can a rate cut in 42 days bring Bitcoin back to a bull market?
History is too similar, and interest rate cuts are unlikely to become the fundamental driving force for the rise of the crypto market.
20,000-word research report on crypto payments: from electronic cash, tokenized currency, to the future of PayFi
This article will combine my limited knowledge of Web3 payments, RWA tokenization, and the financial monetary system, and through 13 of the latest Web3 payment cases, sort out the development context from the grand vision of Bitcoin to the current wave of tokenization, and further look forward to how PayFi will be implemented and open the next chapter for Web3 payments.
Web3 Growth Panorama in 2024: A large number of innovations are emerging and funds are pouring in
The Web3 growth sector is on the brink of transformation, driven by innovation and a willingness to explore the uncharted.
The Evolution of Crypto Venture Capital Cycle (Part 2): The Future May Be Bleak, But Liquidity Is the Light
In the post-“centralist incorporation” era, how to break the narrative exhaustion?
The war with the SEC is coming to an end. Is Ripple finally seeing the dawn of victory?
Ripple's bloody battle with the SEC has come to an end: An earthquake has struck the crypto world, who will decide the fate of the giants?
US Election and Crypto
Harris VS Trump, who should crypto choose?
The drama in American politics will continue for some time, and the MEMEs of crypto spectators still have a long way to go for hype. Focusing on current interests and not pinning hopes on anyone is the way to survive in the crypto world.
Harris's chances of winning the election surpass Trump's, counting 7 major related concept meme coins
KAMA and HARRIS may be Harris concept "Dragon One" and "Dragon Two".
Trump and Musk chatted about policies in X Space for 2 hours, and a group of political meme tokens were used to build positions
Just before and during the dialogue between the two sides, Trump's original political meme tokens such as MAGA and TRUMP rose significantly. A large number of meme tokens were also established, but the price fluctuations were large, such as Yeah, New World Order, Dark Space, etc.
For more related content, please check out the special topic: "First appearance on the political stage: Crypto and the 2024 US presidential election"
Bitcoin Ecosystem
Hidden dangers that cannot be ignored: security challenges and threats of BTC Layer 2 technology
The industry is changing rapidly, and new BTC L2 is born every second, but what remains unchanged is the inevitable trend of BTC ecosystem to develop towards the second layer. BTC is a train that everyone wants to get on. Despite the challenges, the future of BTC ecosystem is full of infinite possibilities.
Unisat’s explicit support and L1 layer native expansion, understand Fractal Bitcoin in 3 minutes
How does Fractal maintain the legitimacy of the mainnet while improving processing efficiency in many aspects?
SATS price doubled in 10 days, market value surpassed ORDI, how far can UniSat's support go?
Even if one UniSat falls, there will be 10,000 more UniSats standing up again.
For more related content, please check out the special topic: "Beyond Digital Gold: BRC-20 and Inscriptions, Opening a New Chapter for Bitcoin"
Seize the opportunity
With the largest financing since 2024 and the test about to be launched, how is the new public chain Monad's ecosystem developing?
After Monad Labs received $225 million in financing in April, what is the status of Monad's ecological development? This article will sort out the current status of Monad's ecological development from multiple sectors such as DeFi and full-chain interoperability protocols.
Yale University proposes ServerFi concept: After GameFi, a new symbiotic relationship between games and players
This Yale University paper proposed two new token economic models and conducted a series of simulations, providing GameFi with some new ideas for sustainable development.
Is Paradigm the next star? A brief analysis of EVM L2 Reddio
Blast set off the L2 craze, and Farcaster established itself as a social leader. Paradigm was behind all of these. So what potential does Reddio have this time? This article will sort out the project, team, and airdrop.
Peel bananas with a click of the mouse: Can The Banana Game become the next NotCoin?
What are you playing on TON recently? This article will show you the latest popular game on TON: The Banana Game
The market is cold, but don’t stop. This article lists the projects worth donating to in the 21 rounds of Gitcoin Grant.
Gitcoin Grants Round 21 (GG 21) is an ecosystem-focused and community-driven round. The themes are collaboration, new governance processes, and external partnerships. There are 9 community rounds in total, mainly focusing on the Arbitrum chain.
Web3
WBTC is caught in a custody dispute: Justin Sun retires from BitGo, and the largest acceptor MakerDAO takes the lead in "protesting"
In order to diversify WBTC's custody and cold storage business across multiple jurisdictions, BitGo recently announced that it will establish a joint venture with BiT Global to provide multi-jurisdictional custody for WBTC, and the institution will become a minority shareholder in the new joint venture. Given the uncertainty of Sun Yuchen's control over the joint venture BiT Global and the risks of previous projects such as opacity, the news aroused strong concerns in the industry as soon as it was announced.
Solana's true or false prosperity investigation: Robots account for 70% of transactions, and Meme data has declined sharply
The discussion about the true prosperity of Solana has also attracted a lot of attention on social media. Based on the long-term attention to the Solana ecosystem, PANews has also conducted some data investigations on the true and false prosperity of Solana.
SUI rose 141% in a week and was called the "Solana Killer". Is the bullishness tenable?
Sui has been very popular on social media recently. Many people compare Sui to the "Solana killer" and make many analyses of Sui's network performance and the K-line trend of SUI tokens. A bullish sentiment towards SUI seems to be spreading. But can this statement really hold water? How is Sui's ecological development?
Current status of the liquidity pledge track: Veteran Lido accounts for more than 60% of the market share, and many newcomers enter the market with funds
As PoS becomes the mainstream consensus mechanism of the public chain, liquidity pledge has become an important topic in the crypto market. At a time when the first-mover advantage and head effect are particularly prominent, a group of new players are entering the liquidity pledge track with funds.
An inventory of 21 Grayscale crypto trust funds: some have risen 10 times, while others have been bearish all the way. Is it easy to catch the last train of the bull market and become a market reversal?
Currently, Grayscale has 21 crypto trusts. How much impact will the launch of Grayscale’s trust fund have on these crypto assets?
After waiting for half a year for the launch, the price dropped by 80%. Where did the 130,000 SOL raised by gm.ai during the pre-sale go?
A huge amount of pre-sale coins were resold, counting the "cool moves" of the gm.ai founder.
Technical
Detailed explanation of Pectra upgrade: the biggest upgrade in Ethereum history after Dencun
EIP-7594 (PeerDAS) in the Pectra upgrade introduces Data Availability Sampling (DAS), which will benefit the ZK Prover network and, in turn, the ZK field.
Understand the operation mode and application scenarios of fully homomorphic encryption FHE in one article
This blog is a systematic introduction to Fully Homomorphic Encryption (FHE). However, we will not delve into the mathematical details here. Instead, we will explain this technology from the perspective of basic mechanism design, so that readers can have a preliminary understanding of the basic operating logic of FHE and introduce several major application modes of FHE.
Intent abstraction vs chain abstraction: How to balance user experience and system scalability?
Chain abstraction manages cross-chain proofs of heterogeneous domains through a single blockchain, while intent abstraction optimizes the proof process and user assurance through an open solver network.
How will Web3 bring about the next wave of Marketplace change?
Innovative Web3 markets that score high on desirability, feasibility, and sustainability are more likely to succeed in the long term, taking today’s global digital economy to new heights.
Key Information
F2Pool co-founder: We have been looking forward to the SpaceX flight mission for 2 and a half years. It is the first time in the history of aerospace that a private person has rented an entire spacecraft
DOGS releases token economics, 81.5% of the total supply of 550 billion is allocated to community users
The U.S. July unadjusted CPI annual rate was 2.9%, and the core CPI annual rate was 3.2%
A Chinese man was kidnapped in Malaysia, and his family paid a $1.2 million ransom via virtual currency
Nasdaq withdraws application to list Bitcoin and Ethereum spot ETF options
Iran's banking system suffered a massive cyber attack, and Moscow is about to resume stock market trading
Head of Base Protocol: A huge Bitcoin economy will be built on Base
US SEC approves first 1.75x leveraged long MicroStrategy ETF
Bloomberg analyst: The amount of BTC held by US Bitcoin ETFs is expected to exceed Satoshi Nakamoto in October
Federal Reserve Chairman Powell will deliver a speech on the economic outlook on the evening of August 23 and set the tone for a September rate cut.
