1. FBI personally issued coins to fish for information, revealing how token issuers and market makers manipulate the market
Gary Gensler, Chairman of the US SEC, has always regarded many crypto tokens as securities and criticized the serious market manipulation in the crypto industry. It largely represents the regulatory attitude of the US government. Click to read
2. Who is Satoshi Nakamoto? We are all Satoshi Nakamoto
In the past two years, the discussion about who is Satoshi Nakamoto has become less heated. In the Bitcoin community, the development of the Bitcoin ecosystem and the change of technology are more important things. Who is Satoshi Nakamoto may not be important. After all, after Satoshi Nakamoto disappeared, Bitcoin has been running smoothly under the maintenance of the core development team.Click to read
3. Can the prediction market become the traffic entrance of Web3?
The prediction market continues to be hot, with trading volumes hitting new highs. In the last week of September, Polymarket and Azuro had a trading volume of $570 million. The track shows a booming development potential, with innovative products emerging continuously. Click to read
4. The orthodox idea of cryptocurrency token lockup is a scam
The dominant token distribution model in the current crypto space is known as the "low circulation, high fully diluted valuation (FDV)" issuance model. In this model, only a small portion of the token supply is circulated in the market when the project is launched, while most of the tokens are locked and gradually unlocked after one year. This low circulation is usually accompanied by a high fully diluted valuation, and may even be designed to drive this valuation increase. According to research from CoinGecko, nearly a quarter of the industry’s top tokens today are in the low-circulation model. Some notable recent launches have used this model, including Starknet, Aptos, Arbitrum, Optimism, Celestia, and Worldcoin (a staggering 95.7% of its supply remains locked as of this writing). Click to read
5. There is no reason why Bitcoin should not break through 73,000
On the first trading day after the National Day holiday, A-shares once again set off a daily limit surge, with a full-day turnover of nearly 3.5 trillion yuan, setting a new historical record. During the continuous surge in A-shares, the U.S. stock market, Japanese stock market, Indian stock market and crypto market have all suffered varying degrees of bloodsucking. In order to ease the pressure of capital outflow, some markets have successively introduced boosting measures. First, the U.S. Department of Labor released extremely impressive non-farm payroll data for September, and significantly revised up the number of jobs in July and August, trying to suppress the rapidly rising expectations of a recession. Secondly, the Japanese media hyped that "stock god" Buffett plans to issue yen bonds for the second time this year, and plans to use the funds raised to invest in Japanese financial and shipping stocks, intending to convey Buffett's confidence in Japan's economic recovery to the outside world. Only the crypto market is in a state of "no milk supply", so in the past week, due to the continuous outflow of funds, the discount rate of USDT fell from -0.56% to -3%. Click to read