5 Must Reads in the Evening | Is the four-year cycle of cryptocurrencies dead?

Reprinted from jinse
03/24/2025·1M1. Ethereum decline PVP is prevalent. I miss the summer of 2020 very much
Vitalik disappeared on X for over 20 days. During these 20 days, Ethereum's price has repeatedly fallen below investors' psychological defense. On March 12, the exchange rate of ETH against BTC hit a new low, falling to 0.022676, a new low since June 2020. The exchange rate of ETH against BTC continues to decline, giant whales flee during the ICO period, retail investors trampled, and Fuds kept ringing. Click to read
2.CZ tests the MEME perpetual contract on-chain derivatives track ushering
in spring breeze?
On-chain perpetual contracts, as an important part of the decentralized finance (DeFi) ecosystem, allow traders to invest in the price of the underlying asset without maturity. This type of contract not only provides traders with high leverage and hedging opportunities, but also gradually becomes the focus of market attention. In 2025, with the leadership of leading projects such as Hyperiquid, dYdX, GMX, Drift and SynFutures, the on-chain perpetual contract market has shown an explosive growth trend. CZ tested the Mubarak perpetual contract on the APX Finance platform, which once again sparked heated discussions in the market and provided us with a new perspective to observe the changes in the entire track and industry. Click to read
3. Research on stablecoins in the bull market of stablecoins
Although the total market value of cryptocurrencies has evaporated by nearly $900 billion since Trump took office and altcoins have entered the deep bear market, the total market value of stablecoins has been hitting record highs. According to DefiLlama, the current total market capitalization is $230.45 billion, an increase of $2.3 billion in the past seven days. Compared with the same period last year, the market value of stablecoins increased by 56%. In the overall market value, Tether's $USDT stablecoin dominated, with a market value of nearly US$144 billion, accounting for 62.6%, followed by Circle's $USDC with a market value of US$59 billion. Click to read
4. Can BSC Meme be popular this time without decreasing for a week?
Recently, the attention of a BNB on-chain Meme coin named BUBB has increased in the community because Binance founder He Yi actively interacted with him and followed him on the X platform in the early morning of March 21. According to GMGN data, after Heyi Interaction, BUBB's market value of US$2.5 million has risen all the way to US$27 million, an increase of more than 10 times. Currently, the price has fallen back a new high after a brief decline, with a market value of US$34 million. Click to read
5. Has the four-year cycle of cryptocurrencies gone?
Has the four-year cycle died? In this article, I will answer this question, explain why the past two years have changed everything, and then make a very important suggestion. Let's start. Click to read