1. A one-week increase of over 140%. What made Sui?
On August 5, global stock markets fell into panic, with Japan's Nikkei index falling 12%, the largest single-day drop since 1987, and the S&P 500 index closing down 3%. Click to read
2. Bitwise: Historical experience shows that you should buy Bitcoin when the market is bleeding
On August 5, global stock markets were in a panic, with Japan's Nikkei falling 12%, its biggest one-day drop since 1987, and the S&P 500 closing down 3%. Unfortunately, Bitcoin didn't fare much better, plummeting 14.52% between August 2 and August 5. The sharp pullback sparked a lot of questions in the media: Why did Bitcoin fail as a hedging tool? Is Bitcoin really a hedging asset? Click to read
3. Pantera founder: Cryptocurrency enters the national political stage
In May, a presidential candidate expressed support for blockchain. A few weeks later, two of the three presidential candidates, ten US Senators, and members of the US House of Representatives attended a Bitcoin conference!?! The changes are absolutely huge. Click to read
4. Ripple wins the lawsuit again as price surges
A few days ago, Ripple won a phased victory in the three-year lawsuit against the U.S. Securities and Exchange Commission (SEC), causing the price of XRP to surge by 26%. The judge ruled that Ripple's sale of XRP to retail investors did not violate federal securities laws and reduced the SEC's fine request by about 94%, from $2 billion to a fine of $125.035 million. Click to read
5. Dialogue with the former U.S. Assistant Secretary of the Treasury: USDC and the future of the U.S. dollar
Today, stablecoins have become a staple in the cryptocurrency industry, combining the reliability of the U.S. dollar as a store of value with the tradability and ease of use of blockchain tokens. Among them is USDC, Circle’s flagship product, one of the most widely adopted stablecoins, and the sixth largest cryptocurrency token by market cap. In this article, we will discuss USDC’s unique features as a stablecoin product, its current adoption as a means of payment, and the regulatory landscape that USDC and other digital assets may currently face, and what all of this means for the digital future of the dollar. Click to read
