A large asset management company has registered an Ethereum trust in Delaware and is preparing to apply for an Ethereum Spot ETF, causing significant market Fluctuation. After the news was released, the ETH price quickly rose, but then experienced a sharp pullback, leading to nearly $500 million in market Get Liquidated. Nevertheless, the market gradually stabilized, and related Tokens performed strongly, requiring investors to remain vigilant.

Blockchain technology faces a game between credibility and usability during its development, leading to a differentiation between centralization and decentralization. Bitcoin and Ethereum have advantages in decentralization, but face challenges in practical applications. The verification mechanism is a key issue, and decentralized assets have stronger stability in eliminating uncertainty. Future development needs to seek a balance between the two and address core issues such as verification and value capture.

Meta is exploring a payment system based on stablecoins, aimed at dropping the cost of cross-border payments, especially for Instagram creators' earnings. This move is in the research phase, with initial discussions taking place with several encryption asset companies. Despite the failure of the Libra project in 2019, Meta remains committed to exploring the encryption field, particularly targeting the micro-payment market.

Dex Trading Bot: Another Survival Form of DEX
Since the fourth quarter of 2023, the cryptocurrency market has shown a clear bullish trend, and the Meme token market has experienced significant growth. These tokens have demonstrated enormous potential for value growth in a short period, attracting a large number of investors. However, the Meme token market also exhibits extremely high volatility and short market cycles, with the active trading period of some tokens lasting less than 10 minutes. Due to technical factors such as blockchain network congestion and operational speed limitations, transactions often need to be executed in seconds, which increases the risks faced by investors, especially the possibility of buying at market peaks. In response to these challenges, the Dex Trading Bot was developed to address the demand for rapid trading and reduce issues such as MEV losses.
Mainstream exchanges launch related products, Dex Trading Bot

The story of OlympusDAO and its Token OHM reflects the opportunities and challenges of algorithmic currencies. Although OHM once reached $1400, the high APY and supply control mechanisms behind it attracted a large amount of investment, but unsustainable profits and market fluctuations led to a big dump in its price. The experience provides profound insights into high yields, token supply, and risks.

This week, the Web3 industry has seen frequent developments, including the strong rise of Ethereum and the market confidence brought by the Fed's interest rate cut expectations. At the same time, multiple fields such as stablecoins, Decentralized Finance, and AI technology have also made progress, attracting widespread follow.

The article discusses the relationship between gold and Bitcoin in the new International Monetary System. With global economic fluctuations, the investment attractiveness of gold and Bitcoin is on the rise. Gold has experienced multiple rounds of increases, and the correlation with Bitcoin has strengthened, potentially transforming into "Commodity Money." In the future, both will serve as reserve assets to meet diversified currency needs.

The current crypto assets cycle is facing challenges, including psychological trauma, a slowdown in innovation, and regulatory pressure. This has led to the rise of financial nihilism, with investors tending to favor short-term trading. The differentiation between Bitcoin and alts is evident, with Ethereum performing poorly. Investors need to follow projects with real products and clear returns and adjust their strategies to respond to market changes.

The IRS has issued new regulations requiring brokers to report detailed transactions of digital assets, raising concerns and industry disputes in the DeFi sector. The new rules may increase Compliance costs, impacting innovation and market attractiveness. The industry is calling for a balance between regulation and innovation, with future developments full of uncertainty.

The Central Bank released the "Financial Distributed Ledger Technology Security Standards", strengthening the security standards for financial distributed ledger technology. At the same time, Bitcoin whales lost approximately $45 million due to SIM card attacks. Internationally, Russia reached a consensus on the regulation of crypto assets with the Federal Security Service. Financing in the blockchain field is active, with a total amount exceeding $24 million.

The article discusses the balance between transaction transparency and privacy protection in the field of Decentralized Finance ( DeFi ). A new platform has achieved transparent growth attribution by putting transaction and operational data on-chain, enhancing business efficiency. However, this transparency also brings risks of strategy leakage and user privacy. The industry is exploring technologies such as zk-SNARKs, aiming to achieve verifiable privacy without revealing user identification. Ultimately, balancing transparency and confidentiality will be a key challenge for the future development of DeFi.

The activity level of the Sei ecosystem has significantly risen recently, with the coin price rising to $0.347, reaching a six-month high, and the volume and number of users increasing substantially. However, the ecosystem is highly dependent on a few leading projects, facing challenges for long-term development. At the same time, Sei is accelerating its technical upgrades and has made significant progress in the U.S. market. In the future, it needs to expand application types to achieve sustainable growth.

Ant International plans to launch a stablecoin to seize the opportunity of becoming an Asian financial hub.
Ant International is actively preparing to launch stablecoin operations in major financial centers in Asia. As an overseas subsidiary of Ant Group, this payment processing giant is seeking to expand into new growth areas beyond traditional fintech operations.
According to reports, the Singapore-based company plans to immediately apply for a stablecoin issuance license after the new "stablecoin regulations" in Hong Kong come into effect in August. As part of its broader blockchain expansion strategy, Ant International also plans to apply for the relevant licenses in Singapore and Luxembourg.
This initiative marks Ant International's formal entry into the cryptocurrency space. Last year, the company processed a total global transaction volume exceeding $1 trillion, of which about one-third (approximately $333 billion) was processed through its blockchain-based Whale platform, highlighting the company's rich experience in digital asset operational infrastructure.
Ant International

Market Overview
Abnormal signal
This week, the financial markets experienced significant volatility:
- The stock market, bond market, and foreign exchange market all fell simultaneously. The S&P 500 index saw a rise of up to 5% during the week, but with significant volatility.
- The 10-year U.S. Treasury yield soared to 4.47%, reaching a recent high.
- The US dollar index fell below the 100 mark, hitting a new low in nearly 10 months.
Divergence in the performance of safe-haven assets:
- Gold surged past $3200/ounce
- The Japanese yen and Swiss franc strengthen
- The status of the US dollar as a traditional safe-haven asset is being questioned.
Economic data contradictions
Inflation data shows early signs of stagflation:
- The overall CPI has declined, primarily due to the drop in gasoline prices.
- Housing and food prices are still rising in core inflation.
- PPI decreased by 0.4% month-on-month, reflecting both shrinking demand and rigid costs.
Current data has not yet reflected the impact of the new tariffs, and the market has a pessimistic outlook on future economic prospects.

The crypto market has remained sluggish since August 2, with increased market fluctuations due to geopolitical and economic factors, and the price of ETH has experienced a big dump of over 30%. A large number of liquidations and institutional dumping have intensified market pressure. Although the short-term outlook is uncertain, the fundamentals of the industry still hold potential, and more capital inflows may be expected in the future.

A novel Bitcoin cross-chain implementation solution addresses the difficulties users face when encapsulating Bitcoin and converting between wrapped Bitcoin and native Bitcoin through transaction monitoring, cross-chain coordination, and asset encapsulation steps. It provides the convenience of multi-chain liquidity and is expected to promote the development of Bitcoin cross-chain trading.

Recently, a trader sold 9.53 million LAUNCHCOIN Tokens for 1.95 million USD, obtaining a profit of 1.78 million USD, showcasing the high Fluctuation and potential gains of the Crypto Assets market, while also reminding investors to be cautious about market risks.