Golden Observation|Bitcoin has fallen for 8 consecutive weeks and set a record. How do you view the cryptocurrency market outlook?
Analysts noted that a drop in crypto prices would lead to a reduction in mining, but this could happen over a longer period of time. At the moment, we haven’t seen an unusual drop in the hash rate despite the price drop, and another week might see if miners have been shutting down some of their rigs, indicating that they are operating on tight profit margins. At the same time, analysts also caution that in a more violent bear market, just because a mining company is large does not guarantee that they will survive the bear market. click to read
The starting point of Web3 starts with these three products
What is the hottest application of Web3? The answer may all have to do with NFT. If the blockchain is just a technical model for large-scale wealth transfer, then undoubtedly its vitality will not last long. But if a large amount of investment in the early stage can be exchanged for people's life experience and industrial upgrading, then it can be defined as a technological force that changes the way people live. click to read
Jack Dorsey builds 'Bitcoin product empire' after stepping down as Twitter CEO
Paypal, with 377 million users, has opened trading and holding Bitcoin ( BTC ), Ethereum ( ETH ), Bitcoin Cash (BCH) and Litecoin (LTC) functions for users in the United States and the United Kingdom, and supports users to use these cryptocurrencies Assets for payment; Visa and Mastercard issued encrypted credit and debit cards in multiple continents around the world, making it easier to buy goods and services with Bitcoin and Ethereum. Obviously, these payment giants are "fascinated" by the advantages of encrypted assets as a means of payment, such as point-to-point, more privacy, faster transactions and lower handling fees. click to read
Web3.0 of Metaverse Series: A New Paradigm Opens a New Stage of the Internet
Definition of Web3.0: Starting from the innovation of the back-end production relationship. Web3.0 is a brand-new Internet iterative direction based on blockchain technology, which combines the concepts of decentralization and token (Token) economics, and aims to solve the problems of ecological imbalance and opaque development brought about by Web2.0. Compared with front-end innovations such as AR/VR, it stems from the innovation of back-end production relations. At present, Web3.0 is in the early stage of development, but it has strong potential. In 2021, the financing amount of global blockchain start-ups will reach 25.2 billion US dollars, a year-on-year increase of over 700%. We believe that Web3.0 will integrate with AR/VR, AI and other technologies to create a new stage. click to read
Xiao Sa: Can Web3.0 achieve compliant development in China?
What is Web3.0? This question may be difficult to give a sufficiently accurate answer in a few words even for the old Jianghu who has been in the currency circle for more than ten years. However, in the completely chaotic concept of Web3.0, the biggest consensus has been built at present - blockchain technology is the road to realize Web3.0. Under the current regulatory environment, is it possible for Web3.0 to take root in China? Copy it or change it? What is the cost of compliance? click to read