1. Galaxy: The next major upgrade for Bitcoin? Feasibility Assessment of

OP_CAT and OP_CTV

Changes to the Bitcoin protocol require discussion and collaboration among multiple stakeholders, including but not limited to protocol developers, full nodes, end users, and miners. The consensus process for achieving protocol upgrades is complex and controversial. For example, the "block size dispute" between 2015 and 2017 split the Bitcoin community, with one side hoping to adjust the block size, while the other side opposing it. Years of debate ultimately led to a permanent fork of blockchain and gave birth to a new cryptocurrency, Bitcoin Cash , which is a forked version of Bitcoin. Click to read

2. Is the narrative of altcoin ETF not working?

Compared with the market excitement during the previous approval process of Bitcoin and Ethereum spot ETFs, the market sentiment brought by altcoin ETFs seems to be described as minimal. But five months ago, the market was still immersed in the bright prospects of a policy bull market. Wall Street institutions with a keen sense of smell came to the altcoin market, driving altcoins to set off a round of price increases. XRP and SOL were the first to be hit and became the new concept currency of Wall Street under the favorable regulatory benefits. Click to read

3. Trump’s so-called “greatness” is “maximization of cash”

With the goal of maximizing cash, Trump ignores or underestimates difficult- to-money public goods, reduces related cash expenditures, and can only reduce cash income more and make the United States farther and further away from "great". Click to read

4. Why Bitcoin continues to hit highs this year

Over the past week, the White House and the Federal Reserve have turned a blind eye to the plunge in US stocks, and neither side seems to have any intention of giving in to the first place in this "coward game". Although creating recession expectations is likely to be just a negotiation method for Trump to put extreme pressure on, the uncertainty of policy games has further stimulated market risk aversion. Click to read

5. The latest speech by former vice president of the central bank: The

rise and challenges of cryptocurrencies

The topic I want to share today is "The Rise and Challenge of Cryptocurrencies". Cryptocurrency is a digital currency that operates through a computer network. The ownership of each cryptocurrency unit is recorded and stored in a digital ledger or blockchain. Blockchain is the most underlying technology of cryptocurrency, and its core is consensus mechanisms such as Proof of Work (PoW). Cryptocurrencies mainly include three types: one is payment cryptocurrency, such as Bitcoin and Ethereum; the second is stablecoins, the most famous of which are the US dollar stablecoins USDT and USDC; the third is the central bank's digital currency, also known as sovereign digital currency, and a larger scale representative such as my country's digital RMB. Cryptocurrencies have seven main characteristics, namely: distribution; security; scarcity; anonymity; high volatility of price transactions; large amount of energy consumption generated by the mining process; instant transactions around the world, without considering the global nature of currency exchange costs and international transfer time costs. Click to read