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This week, the Crypto Assets market has been fluctuating at a high level, with Bitcoin prices ranging between 93500-95500 USD. Some small market capitalization Tokens have performed outstandingly, while the market is awaiting key economic data. The ALPACA incident reveals the risks of market manipulation, while U.S. policies are gradually becoming favorable to Crypto Assets, promoting the mainstreaming process.

EigenLayer has launched the Ethereum re-staking protocol testnet, supporting the re-staking of stETH and rETH, aiming to improve capital efficiency and enhance Ethereum's security. The project has completed a $64.4 million funding round, with testnet features including token conversion and re-staking, allowing users to view scores and withdrawal statuses. The innovative mechanism is expected to improve trust and security issues in the blockchain.

This week, the blockchain industry has seen frequent regulatory updates, with places like Beijing issuing risk alerts to be cautious of virtual money investment risks; multiple exchanges have shut down, intensifying industry restructuring; central banks and enterprises in various countries are exploring the development of digital money, and investment and financing activities continue to take place.

CyberConnect is a Web3 social protocol dedicated to providing a platform for developers to build decentralized social applications. Its core components include a multi-chain account system, smart contracts for storing user data, and a Layer 2 network, ensuring user autonomy and low Money Laundering. The project team is experienced, possessing longer collaborations, and the community is active, enhancing user participation through events. Despite technical, legal, and market risks, CyberConnect, with its multi-chain support and openness, offers new possibilities for the future of decentralized Social Web.

Virtuals Protocol is committed to building a digital nation, emphasizing the importance of autonomous agents over multi-agent collaboration. Its AI agents have generated significant revenue in a short period, and in the future will promote collaboration between humans and AI, supporting the development of autonomous agents through the G.A.M.E framework.

This week's AI industry updates show that multiple startups have successfully secured funding, with continuous advancements in AI large models and applications. OpenAI's annual revenue surged to $1.3 billion, and large companies like Adobe have also launched new features, while market forecasts suggest a potential slowdown in the generative AI sector.

The development prospects of the Sui public chain are promising, with its advantages lying in infrastructure support, speed, and high security. Sui is seeking a balance between centralization and Decentralization, and is committed to integrating with Web2 by introducing new technologies and collaborations to expand its ecosystem, and achieve breakthroughs in fields such as gaming and AI.

Ethereum co-founder Vitalik criticized some blockchain projects for lacking clear values, sparking community debate. He pointed out that value concepts influence technological innovation and advocated for social responsibility in applications. This has led to discussions about the differences in values among various blockchain ecosystems, the focus of developers, and market freedom of choice, reflecting the diversity of the industry.

The first tokenized money market ETF in Hong Kong is set to be issued in April, combining blockchain technology with traditional low-risk money market funds to provide investors with a robust income option. This innovation marks the integration of TradFi and Blockchain, promoting the development of the Hong Kong financial market.

Recently, discussions about new projects in the Bitcoin ecosystem have attracted attention. Guests include the leaders of Babylon, Fractal Bitcoin, and Alkimiya, who shared project progress and market dynamics analysis, explored the balance between innovation and demand, delved into the concept of BTCFi and its technical challenges, and looked forward to the future development of the Bitcoin ecosystem.

Bitcoin is forming a long-term slow bull cycle, with the key being the approval of the Bitcoin ETF by the end of 2023, which gradually transforms it into a safe-haven asset. Against the backdrop of the Federal Reserve's interest rate cuts, both the allocation role and market operation characteristics of Bitcoin have changed. At the same time, tariff policies are seen as adjustment tools for Bitcoin, while the decline of the dollar's status promotes a new mission for dollar stablecoins. The GENIUS Act aims to support the on-chain expansion of the dollar through a compliance framework. In such a market environment, Bitcoin will become an important asset in capital re-evaluation.

Bitcoin has surpassed $100,000, reaching a historic high. Despite market fluctuations, ordinary investors need to use a cold wallet for long-term holding, ensure safe storage, learn regularly, maintain a good mindset, and avoid emotional trading. Bitcoin still has opportunities in the future, and rational investment and patient holding are key.

The DePIN field is thriving on various public chains, with each project showcasing different characteristics. Ethereum has diverse applications, Solana leads in the number of nodes, Polygon has high activity, Arbitrum has mature projects, IoTex focuses on sensors, and Peaq continuously innovates, with more breakthroughs expected in the future.

Stablecoins have gained attention in the Crypto Assets space, but the Decentralization feature is gradually weakening, primarily being replaced by censorship resistance. Many projects still reflect a centralization trend, despite their pursuit of capital efficiency and scalability. Although projects like Liquity attempt to maintain Decentralization, their development still faces challenges. Overall, stablecoins need to balance price stability, Decentralization, and capital efficiency to maintain their core value.

The digital economy in Beijing has achieved remarkable results. It is reported that the added value of the digital economy has surpassed 40% of the GDP. In the field of Blockchain technology, Beijing has taken the lead in establishing a complete software and hardware technology system domestically. Furthermore, among the companies listed on the Beijing Stock Exchange, the proportion of digital economy enterprises has also exceeded 40%. These data fully demonstrate Beijing's leading position in promoting the development of the digital economy and emerging technologies.

Since its inception in 2009, Bitcoin has gradually developed into an important financial phenomenon, particularly standing out in early 2021, with prices reaching new highs repeatedly. The participation of institutional investors has stabilized the market. The security, scarcity, and decentralization characteristics of Bitcoin are the sources of its vitality. Although the market is highly volatile and opinions on Bitcoin vary, its future remains a topic of great interest and discussion.

The Meme coin market is showing excellent performance in 2024, with Solana, Base, and BNB chains as the main public chains for the Golden Dog. The number of Golden Dogs is steadily increasing, and investors have a high chance of making quick profits in the early stages, but most people miss out on 10x returns. The overall market fluctuation is significant, with Q4 2024 being the peak period, and investors need to follow market dynamics to seize opportunities.

Data availability (DA) is becoming increasingly important in the blockchain industry, mainly focusing on data integrity and publishing costs. Currently, there are various DA solutions, including on-chain and off-chain solutions. In the future, multiple providers may coexist in the DA layer, and Ethereum may build a dedicated DA layer for ETH 3.0. Overall, the DA track will have a significant impact on the scalability and modularity of blockchain.

In 2024, the meme platform on the Solana blockchain rapidly emerged, attracting users with the concept of fair issuance and accumulating over $200 million in revenue. The platform combines innovative pricing models and low-cost token issuance, along with live streaming features, to create a social entertainment economy that fulfills users' fantasies of quick wealth, becoming a unique funding model.