1. The market is sluggish and the narrative is hopeless. Where is the spiritual pillar of Crypto?

Since BTC fell below $80,000 a week ago, the entire Crypto market has fallen into a slump. In addition to the market itself, this downturn also stems from the fact that the entire industry seems to have fallen into an endless "empty". Since the Agent and Desci were shut down at the beginning of the year, the market seems to have no new narratives, and even for almost 3 months there is no hot stuff that will make people excited - except for the "stumbling" copycat.

2. Yield stablecoins: Comparison of risks, returns and market trends

Ethena popularized the concept of Yield stablecoins through sUSDe, which aroused people's interest and criticism due to the risks such as counterparty risks or negative capital rates. Despite these concerns, USDe has now reached a market capitalization of $5.8 billion, which has cemented its product market fit and demonstrated its ability to scale in the crypto ecosystem even after the Bybit hack. Click to read

3. Multi-agent system - the current situation and prospects

The concept of artificial intelligence agents (AI Agents), which refers to an intelligent software system that can understand its environment and independently perform actions on behalf of users or machines to achieve their goals. It was proposed as early as the 1980s. However, this concept started to gain attention until the 2010s, with the rise of deep learning and large language models (LLMs), demonstrating their ability to understand and generate human-like responses. Click to read

4. Market sentiment turns sharply. Trump's trading turns into recession trading?

In less than two months since Trump took office as president, speculation was that he would inject stimulus into the expansion of the U.S. economy and continue to put pressure on U.S. Treasury yields, but this speculation is quickly being left behind. Instead, traders have been buying short-term U.S. Treasuries, with two-year Treasury yields falling sharply since mid-February, and markets expect the Fed to resume interest rate cuts as early as June to prevent economic deterioration. Click to read

5. New changes in the global financial order: US strategic Bitcoin reserves

We look at this from the perspective of the United States. The purpose of the United States to establish its strategic Bitcoin reserve is to strengthen and consolidate the United States' dominance in the global financial system. It is clear in the Executive Order: "The United States currently holds a large amount of BTC, but has not yet formulated relevant ones to leverage the strategic value of these BTCs in the global financial system. Just as it is in interest to properly manage ownership and control of other resources, we must utilize rather than limit the number.The potential of word assets to promote prosperity. ”Click to read