PANews Editor’s Note:
PANews has selected high-quality content from the past week to help you catch up on any missed information during the weekend. Click on the titles to read more.
Macro Perspective
Mt.Gox’s bankruptcy proceedings and the $9 billion compensation plan may exert pressure on the market, but the impact of the sell-off may be overestimated.
A Look at 5 “National” Bitcoin Whales: The US and Germany Have Been Selling, Holding Over 510,000 BTC
This article examines the Bitcoin holdings and recent actions of five countries, which collectively hold over 518,000 BTC, accounting for more than 2.4% of the total Bitcoin supply. Most of these holdings come from law enforcement actions. Apart from the US selling over 190,000 BTC and Germany reducing its holdings by 20%, the other countries have not conducted large-scale sell-offs.
BTC and ETH Volatile at High Levels, Why Are Altcoins “Bearish”?
Token unlocks, selling pressure from venture capital funds, lack of new capital inflows, and seasonal trends have contributed to the significant price decline of altcoins.
Opinion: What Is the Next Step for the Cryptocurrency Market? BTC and ETH Will Strengthen Their Dominance
The impact of ETH spot ETFs may have been exaggerated.
10 Charts to Review the Cryptocurrency Market in the First Half of 2024
This article uses 10 charts to review the basic trends and technical patterns of the cryptocurrency market in the first half of 2024.
Discussing Blockchain Project Investment Methodology from the Perspective of the Cryptocurrency Industry’s Business Model
The underperformance of the altcoin market has raised doubts among many individuals. The key issue lies in finding a sustainable business model for long-term project development in a complex environment.
Bitcoin Ecosystem
Messari Explains CKB: Native Bitcoin L2 Architecture and RGB++ Asset Issuance Protocol
Nervos Network has expanded on the core technology of Bitcoin to provide support for Bitcoin Layer 2 (L2) through a scalable layer-one blockchain.
The Rise of Bitcoin: New Opportunities to Improve Liquidity
Entrepreneurs have continued to explore new solutions and applications to enhance Bitcoin liquidity. By examining various Bitcoin liquidity solutions, GeekCartel aims to provide a comprehensive overview of the development and technical principles of these projects, helping users better utilize Bitcoin assets and explore more application scenarios.
Interview with Babylon: Raising $96 Million in Three Years, Focusing on Improving Bitcoin Security Collateral
Babylon’s Bitcoin collateral protocol can transform native Bitcoin into stakable assets for any proof-of-stake system, unlocking the value of 21 million BTC, equivalent to $1.5 trillion.
Understanding World3: A Decentralized AI Autonomous World on Bitcoin
World3 is a decentralized autonomous AI world that uses the Bitcoin mainnet as the asset control layer, the CKB as the DA layer and smart contract layer for digital assets, achieving seamless integration between Bitcoin and other Turing-complete blockchains.
For more related content, please check the special topic: “Beyond Digital Gold: BRC-20 and Inscriptions, Opening a New Chapter for Bitcoin”
Blast Airdrop Announcement
An overview of Blast’s tokenomics model for the upcoming airdrop.
On June 26, 2024, Blast announced its tokenomics model. The total supply of BLAST is 100 billion, with 50% airdropped to the community, and an initial airdrop of 17 billion tokens.
How Much Are Your Points and Coins Worth for the Upcoming $BLAST Airdrop?
If Blast has the same FDV as Arbitrum, the token price will be $0.083.
Big Players Betrayed, Retail Investors Excited, Difficult to Evaluate Blast’s Airdrop
The more criticism, the higher the traffic. But are the big players really coming?
Enough Pretending, Blast Wants to Be the “Apple System” of L2
Staking Layer 2 on the surface, but aiming to build a full-stack chain internally.
Seizing Opportunities
Quick Look at the 7 Projects Shortlisted for ETHGlobal StarkHack Finals
A closer look at some “promising” projects built on Starknet in the past two weeks.
Zero-Cost Airdrop, Token Launch at the End of June: Pixelverse’s Telegram Game PixelTap Beginner’s Guide
Pixelverse, which recently raised $5.5 million in funding, has released a Tap-to-Earn battle game called PixelTap on the Ton chain. The token launch is scheduled for the end of June, and participation is free.
From PVP to PPP, Jupiter Founder Aims to Innovate Token Culture with PPP Mutual Aid Communities
If everyone keeps “devouring” each other instead of “nurturing” each other, there will soon be no one left to “devour.” In this cycle, one of the most important things is to shift cryptocurrency from a PVP mindset to a PPP mindset.
An Overview of 7 Emerging Trends in the Cryptocurrency Industry
Interest rate cuts, approval of Ethereum spot ETFs, increased inflows into Bitcoin spot ETFs, and Stripe’s launch of a stablecoin payment system… Just like an army preparing for battle, major cryptocurrency companies and TradFi are preparing for the upcoming bull market.
Over a Million Players in the Ecosystem: A Review of the 13 Games Currently Promoted by Immutable
Among the hundreds of games on the Immutable ecosystem, this article focuses on more than ten games related to the “main storyline.” PANews provides an overview of these games.
TVL Reaches Over $800 Million, a Historic High: How to Interact with Scroll Using Boutique Numbers?
Covering Scroll’s basic information, the latest point activities and costs, and interaction opportunities with top protocols.
Colosseum, an Accelerator Endorsed by Solana: Raised $60 Million, Supporting Early-Stage Projects
By combining online hackathons, accelerators, and funds, Colosseum aims to drive the development, application, and growth of early-stage technologies on the Solana ecosystem.
Web3 Matters
Joyful Nipples or Software War? TON’s Game Hamster Kombat Causes Outrage Among Iranian Officials After Going Viral
Hamster Kombat, which has gained popularity in Iran, has become the target of criticism from government officials and experts.
Exploring Solana’s Latest Blink Feature: Bridge Between Web2 and Web3 or Just a Fancy Plugin?
Blink, touted as the most Web3 application, may serve as a bridge between the Web2 and Web3 worlds. But can Blink truly fulfill its role or is it just another flashy plugin?
VanEck’s Head of Digital Asset Research: Why We Applied for a Solana Spot ETF?
With the ability to process thousands of transactions per second at low costs and advanced security mechanisms combining historical proof and proof of equity, we believe Solana is a powerful and accessible blockchain software. The VanEck Solana Trust is an ETF that issues common shares with rights and is expected to be listed on Cboe BZX Exchange, subject to further notice.
Japanese Version of “MicroStrategy” Sees Stock Price Increase 3.6x After Continued BTC Accumulation; Metaplanet Was Once a Well-Known Economy Hotel Brand
Metaplanet’s rapid stock price increase of 360% within two months after transitioning to Bitcoin investment mirrors the trend of MicroStrategy’s stock price increase after investing in Bitcoin.
Dell Founder Becomes a “New Bull” for Bitcoin? Multiple Bullish Tweets, Previous Support for BTC Payments 10 Years Ago
Although Dell and Michael Dell have not publicly entered the cryptocurrency field, their high-profile statements highlight the increasing mainstream attention on Bitcoin. Their positive outlook on Bitcoin may imply a discreet allocation of cryptocurrency assets.
A List of Projects That Vitalik Likes to Promote
For ordinary users like us, it is enough to remember Vitalik’s various research on Ethereum, as they often indicate potential areas that may lead to future financial battles.
Technical Side
Messari: How Does the Modular L1 Particle Network Tell the Story of a “Universal” Chain Abstraction?
With its modular Layer 1, Particle Network provides three functions: universal accounts, universal liquidity, and universal gas, to achieve chain abstraction and simplify user interactions across different blockchains.
Understanding ERC7527: A New Decentralized Pricing Model
In fact, any protocol can access its posted ask prices within ERC7527, which means developers only need to write an ERC7615 receiving interface to obtain the pricing of an asset and perform further operations.
What Sets MegaETH, an L1 New Project with a Lavish Financing Lineup, Apart?
The first real-time blockchain fully compatible with Ethereum, aiming to achieve 100,000 TPS.
Chat with Scroll’s Zhang Ye: In-Depth Explanation of zkEVM, Scroll, and Its Future
When we started the project, there were hardly any other teams working on zkEVM. We were the first team to explore turning the impossible into possible with zkEVM.
Key News
Hanshou Public Security in Hunan Province Reminds STFIL Protocol’s Staking and Lending Users to Cooperate and Report Issues in a Timely Manner
Musk: Tonight Is a Victory for Memes
Biden Administration Rehires Former Cryptocurrency Advisor Carole House
Bloomberg: The Cryptocurrency Winter for “Altcoins” Has Arrived Early, Unlocking Stimulates Some Investors to Exit
People’s Daily Overseas Edition Publishes Article “Nervos: A World-Class Public Chain Created by Tsinghua’s “Yao Class” Team”
Insiders: The SEC May Approve Ethereum Spot ETF as Early as July 4
Federal Reserve Board Member Bowman: Willing to Support Interest Rate Hikes if Inflation Progress Stalls or Reverses
Binance Reveals It Has Banned 297 Megadrop Bot Accounts
Moonshot, a Competitor of pump.fun, Has Created Over 7,000 Solana Meme Coins Since Its Launch Yesterday
Polymarket: 41% Chance That Trump Will Mention Cryptocurrencies and Bitcoin in the First US Presidential Debate
Worldcoin Partners with Alchemy to Support World Chain Infrastructure.
