1. Stablecoins have seen a net increase of more than $4.2 billion in the past month. Where do the main drivers come from?
Since the collapse of UST, we have finally seen strong growth in stablecoin supply, with a net increase of over $4.25 billion in the past 30 days. But which chains and which stablecoins are driving this growth trend? Here are my main points. Click to read
2.50 people who will lead the crypto industry in 2023
CoinDesk recently selected a list of 50 influential figures in the field of digital assets and Web3 in 2023. Click to read
3. Grayscale: Why we are optimistic that Bitcoin will continue to rise in 2024
After losing ground in 2022, Bitcoin rebounded 130% in 2023 and is on track to be one of the best performing major assets of the year. The cryptocurrency recovery continued in November as financial markets relaxed on various macro risks. In the digital asset market, this has led to a shift in market leadership from Bitcoin to the broader crypto market sector. Grayscale Research believes that cryptocurrency fundamentals are gradually improving and the supply situation of major tokens is relatively tight (for example, due to Bitcoin's current ownership structure). This may be consistent with an increase in cryptocurrency valuations in the coming year, especially if the Federal Reserve completes its tightening policy and the US economy can avoid a "hard landing" (recession). Click to read
4. ORDI: A 10,000-fold miracle in the Bitcoin ecosystem
In 2023, the crypto market witnessed an unprecedented phenomenon: the price of the token of the Bitcoin ecosystem project ORDI soared in just a few months, achieving a nearly 20,000-fold increase. This feat not only shocked the entire industry, but also aroused widespread attention and discussion. The story of ORDI began in December 2022, when Bitcoin developer Casey launched the Ordinals protocol. Then in March 2023, an anonymous developer launched the BRC-20 inscription protocol based on this protocol and deployed the experimental token $ORDI. Click to read
5. When did the fifth round of Bitcoin bull market begin?
The price of Bitcoin continues to rise, and if you believe in traditional market math, another bull run is already confirmed. On Monday morning, the price of BTC briefly topped $42,000 - up nearly a fifth in the past month and 150% so far this year, on par with Meta but behind Nvidia. Click to read
