1.Bitwise: Retail investors are in despair. How to move forward in the future

At present, there is an interesting dichotomy between institutional investors and retail investors in the cryptocurrency field. On the one hand, the agency’s sentiment towards cryptocurrencies is the most optimistic I’ve ever seen. When investment professionals look at cryptocurrencies today, they see something like this: Institutional capital is allocating to the field with record amounts through ETFs, and Washington has gone from one of the biggest threats to cryptocurrencies to its biggest supporter one. Click to read

2.Glassnode: How serious is this round of selling? Is it a normal pullback in the bull market?

Last week, Bitcoin investors experienced drastic price fluctuations. BTC price initially fell to a low of $93,000 before briefly retracing to $102,000, and is currently trading at close to $98,000. This hesitant price movement is primarily a response to President Trump’s threat to Canada, Mexico and tariffs, which provides investors with uncertain macro context. In addition, the continued strengthening of the US dollar has also led to a slightly tight liquidity environment. Click to read

3. Explain the Pi Network in detail: Why does "brainless" electronics attract 60 million users?

Pi Network was born on 2019.3.14. Its essence is an APP that is claimed to be based on Stellar and can be "mined on mobile phones". Pi’s purpose is to establish a high accessibility, low-cost decentralized digital currency network (that can be regarded as a light node concept like MINA). The mining method is very simple: the user clicks the button every 24 hours, and every 24 hours is a mining cycle, and it needs to be clicked again when it expires. The whole process is completely free. Click to read

4. The battle between digital RMB and stablecoins has just begun.

"In response to the defects of large fluctuations in cryptocurrency prices, some commercial institutions have launched so-called "stablecoins" , attempt to maintain currency stability by anchoring with sovereign currencies or related assets. Some commercial institutions plan to launch global stablecoins, which will bring many risks to the international monetary system, payment and clearing system, currency, cross-border capital flow management, etc. and Challenge. "In July 2021, the People's Bank of China's Digital RMB R&D Working Group issued the "White Paper on R&D Progress of Digital RMB" has such a description of the development of stablecoins. Cryptocurrencies, especially global stablecoins, are developing rapidly, posing challenges to the rights of minting in countries around the world, which has also become a basic background for the development of digital RMB. Click to read

5. Federal Reserve's semi-annual currency report: current economic situation and currency list

Jerome H. Powell Chairman of the Federal Reserve Board of Governors on the U.S. Senate Committee on Banking, Housing and Urban Affairs February 11, 2025 Chairman Scott, Senior Warren and other members of the Committee, thanks for the opportunity to introduce the Federal Reserve here semi-annual currency report. The Fed has always focused on achieving its dual mission, namely, to maximize employment and stabilize prices for the US. Overall, the U.S. economy has performed strongly and has made significant progress towards our goals over the past two years. The labor market conditions have cooled down from the previous overheating state, but are still stable. Inflation has been significantly closer to our 2% long-term target, but is still slightly above that level. We closely monitor the risks faced by both the dual mission. Click to read