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5 must-read articles in the evening
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2024-12-16 21:03 917
1. OpenSea Foundation is established: NFT market recovery and airdrop season is coming

Recently, Mike Dudas, co-founder of TheBlock, posted on social media that OpenSea has been registered in the Cayman Islands Waleswoosh, an anonymous researcher at the foundation, Azuki NFT Series, also posted a screenshot of OpenSea’s registration in the Cayman Islands. Normally, Web3 project registration foundations are preparing for the issuance of tokens. This move has triggered speculation about the upcoming launch of tokens and user airdrops. However, OpenSea still faces regulatory enforcement by the SEC, making its currency issuance prospects full of uncertainty. In addition, OpenSea previously adopted a traditional financing model, which also limited its currency issuance process to a certain extent. However, facing the incentive competition from platforms such as Blur and Rarible, it is difficult to gather liquidity without a points system. It is expected that OpenSea will launch a relatively compromise solution to benefit users. Click to read

2. Grayscale: 7 indicators to see where this bull market has gone

From a historical perspective, cryptocurrencies show an obvious four-year cycle. Go through successive phases of rising and falling prices. Grayscale Research believes that investors can monitor a variety of blockchain-based indicators and other measurements to track crypto cycles and provide a basis for risk management decisions. Click to read

3. BTC The Last Mega Cycle Theory Bitcoin Value and Price

The value of BTC in the macro field, analogous to bonds and stocks in financial history, is human technology The "fuel" for a new round of development; the meso-level field is the currency and index of the digital world that humans will inevitably enter in the future; the micro-level field is the implementation of a new round of legal supervision and the compliance of currency issuance, thus siphoning off citizens around the world. investment needs. Click to read

4. Ethereum returns to $4,000. Have the ecological fundamentals really changed?

After the bull market correction phase in the past few days, the price of ETH once again stood at $3,900. Looking back on the development of Ethereum over the past year, there are many complex factors and emotions. On the one hand, the Cancun upgrade was successfully completed, the spot ETF was officially approved, and the technology and fundamentals have ushered in a new bull market; but on the other hand, as Bitcoin , SOL, and BNB have successively exceeded all-time highs, and the price of ETH is still hovering at the $4,000 mark. Click to read

5. Galaxy Research Director: The future trend of the U.S. crypto market and regulatory landscape

Bitcoin is the biggest winner in the election so far. Bitcoin, the world’s oldest and largest cryptocurrency, is up 40% since November 5, there is reason to believe that there will be more increases in the future. Other crypto assets will also benefit. Investors anticipate a shift in the SEC’s attitude toward digital assets, and many have written about how a relaxation or rollback of the SEC’s classification of crypto assets as securities would support the crypto market and stakeholders. Click to read

Keywords: Bitcoin
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