While traveling in Lijiang and Dali, I chatted with several frontline builders, and they all shared the same sentiment: the current Crypto primary market seems trapped in a multi-layered crisis with "no way out": --- 1) Narratives Have Become Meaningless; Has Casino Culture Taken Over Completely? The real fear isn’t that technological narratives fail to deliver—it’s that people have ditched the narrative facade altogether and fully embraced a MEME-ified casino culture. Slow delivery of techno...

In 2025, the crypto market finds itself caught in the crossfire of Trump and Powell’s battle over interest rate cuts, while simultaneously becoming a pawn in the reshaping of the dollar system. How can retail investors anchor themselves to seize the certain opportunities of 2026 amid these turbulent times? This year’s crypto market is driven by two dominant narratives: 1. The Overt Battle: Trump vs. Powell on Rate Cuts Though most macro analysts refuse to introduce political dimensions into t...

The passage of the Hong Kong Stablecoin Draft, the U.S. GENIUS Act, the EU’s MiCA, and Southeast Asia’s regulatory bills undoubtedly marks a significant step forward for the application of Real World Assets (RWA). What is RWA? RWA (Real World Assets) refers to the process of tokenizing real-world physical assets (such as real estate, gold, art, etc.) or property rights (such as claims, revenue rights, fund shares, etc.) through blockchain technology, converting them into digital tokens that c...

Recently, the InfoFi concept has been rising at an astonishing pace. The leaderboard of the leading project Kaito has made early participants extremely profitable, and the second-ranked Cookie.fun saw its token price soar after launching the Snaps feature. When KOLs and whales have already started "gold mining" in the InfoFi track, are you still confused: What on earth is InfoFi? It does not trade BTC or ETH, but rather intangible things like "attention," "reputation," and even "the likelihoo...

The Intriguing Timing of the Stablecoin Bill Amid US Debt Pressures and Monetary Policy Disputes In the current context of massive US debt pressures and heated disputes between Trump and Federal Reserve Chair Powell over monetary policy, the timing of the GENIUS stablecoin bill's advancement is thought-provoking. On May 19, 2025, the US Senate passed the procedural motion for the GENIUS stablecoin bill with a vote of 66-32. On the surface, this appears to be a technical legislation aimed at r...

The cryptocurrency market is like a drunkard, stumbling into 2025 on the heels of the bull market at the end of 2024. This bull market feels both familiar and fundamentally alien. The headlines of Bitcoin breaking through $100,000 at the end of 2024, the wild surge of Memecoins like slot machines, and Donald Trump's embrace of crypto have ignited a feast akin to Beeple's artwork—fascinating yet unsettling. However, beneath the hype, this cycle is a chaotic mix of leverage frenzy, institutiona...

1/ ETH’s Rally & Pectra UpgradeETH surged over the past two weeks, coinciding with the Pectra upgrade:(1) The upgrade likely contributed but wasn’t the main driver.(2) The rally reflects oversold FUD and ETF staking approval expectations.(3) ETH/BTC’s ratio had hit near-historic lows. The upgrade’s details are substantial (summarized in GitBook).2/ DeFi Giants Team Up: Aave × UniswapAave plans to launch a Uniswap V4 Hook, enabling Uni V4 LP positions as collateral for GHO loans. The proposal ...

Who Will Dominate Solana’s On-Chain Casino? An Analysis of the Evolution and Ecological Game of Meme Token Launchpads Comparison of token launch platforms on Solana, translated by DeepTech Flow (original image from @samoyedccribes and SIGNUM CAPITAL)A Brief History of Token Launch PlatformsToken launch platforms have become a mature area in the crypto ecosystem, offering projects a structured path to raise funds and initiate liquidity. Before the rapid rise of Pump.fun, this space was dominat...

On May 12, BN Alpha announced the upcoming listing of REDACTED (RDAC), which will officially go live on May 13, 2025. Eligible users will receive incentives within 10 minutes of the launch. Introduction to Redacted Redact (RDAC) is a Web3 entertainment ecosystem focused on multi-track and growth acceleration. It is dedicated to building a sustainable, user- and data-oriented regenerative system that connects startup products, cultural platforms, and decentralized user communities to create a ...

A comprehensive examination of oracle ecosystem development, analyzing leading projects including Chainlink, Pyth, and Redstone while exploring emerging opportunities in RWA, AI, and DePIN sectors. Projections indicate potential market valuation reaching $23.1 billion.Executive SummaryCore Oracle Competencies:Comprehensive data acquisition with verified authenticityProprietary data procurement and value captureSecure, decentralized verification protocolsNetwork efficiency and transmission rel...