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Bitcoin at 2-month high, China stocks soar, MOODENG hits $180m
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According to CryptoQuant data, the Korean Bitcoin premium index has reached its lowest point since October 2023. Another report also points out that Korean traders are shifting their investments into some Altcoins, and further predicts that Altcoins will explode in the fourth quarter of this year.

Kimchi premium drops, signs point to the hot spot shifting towards Altcoins
After the US interest rate cut, the Korean Bitcoin premium has dropped significantly, indicating that Korean traders are turning their attention to Altcoins. Some Altcoins, such as AR and ONT, have seen significant price increases, suggesting that the Altcoin season is approaching.

10x Research calls for Altcoin trades, is the Altcoin season coming?
A report from 10x Research suggests that the Altcoin season is about to arrive, and they are recommending Altcoin trades to their clients. This further reinforces the idea that the market focus is shifting from Bitcoin to Altcoins.

Is your Altcoin on the list? The copycat season of institutions calling for orders will break out in the fourth quarter

Here is the translation:

Let's take a look at what institutions that have been long on China have to say.

Author: Sean Tan, Primitive Ventures
Translated by: TechFlow

As a multi-strategy investment firm that is not limited to a single asset, our investment philosophy is not just about finding opportunities, but more importantly, how to build an investment framework that can predict and adapt to future market changes, and constantly seek the best balance between risk and return. What often attracts us are the opportunities that are misunderstood or overlooked by the majority of market participants. Based on our experience in the foreign exchange and cross-border markets over the past decade, we...

The situation has reversed, is the rising tide of liquidity in the East coming?

Foresight Ventures: Intent Asset — The Entry Point for Large-Scale Application of Web3 Assets
Author: Mike@Foresight Ventures
The Revolution of Idle Assets
In 2013, Alipay's Yu'e Bao emerged, ushering in a new era of asset management. Prior to this, ordinary users found it difficult to find a safe and efficient way to manage their idle funds. The interest rates on bank demand deposits were low, and wealth management products were complex and difficult to understand. The birth of Yu'e Bao changed everything.
The Birth of Yu'e Bao
That was a...