1.Galaxy: The next major upgrade for Bitcoin? Feasibility assessment of OP_CAT and OP_CTV

Changes to the BTC protocol require discussions and collaborations among multiple stakeholders, including but not limited to protocol developers, full nodes, end users, and miners. The consensus process for protocol upgrades is complex and contentious. For example, the 'block size debate' from 2015-2017 divided the BTC community, with one side advocating for block size adjustments and the other side opposing it. Years of debate eventually led to a permanent fork in the blockchain, giving rise to a new cryptocurrency - Bitcoin Cash (BCH), a forked version of BTC. Click to read

2. The narrative of the Shanzhai Coin ETF is no longer effective?

Compared to the excitement in the market during the approval process of BTC and Ethereum spot ETFs, the market sentiment brought by the altcoin ETF seems to be only minimal. However, five months ago, the market was still immersed in the bright prospects of the policy bull market. Sensing the sensitive smell, Wall Street institutions came to the altcoin market, triggering a wave of price increases for altcoins, with XRP and SOL leading the way as the new concept coins of Wall Street under regulatory favorable conditions. Click to read

3. Trump's so-called 'greatness' is 'maximizing cash'

Trump's focus on maximizing cash ignores or underestimates the difficulty of realizing public goods, reducing related cash outflows, only to further reduce cash inflows, causing the United States to move further away from 'greatness'. Click to read

4. Why Bitcoin will continue to hit new highs within the year

Over the past week, the White House and the Federal Reserve have turned a blind eye to the sharp drop in US stocks, with neither side seemingly willing to back down in this 'game of chicken.' While the manufacturing of recession expectations is likely just a negotiating tactic at Trump's limit of pressure, the uncertainty of policy games has further fueled market risk aversion. Click to read

5. Former Deputy Governor of the Central Bank's Latest Speech: The Rise and Challenges of Cryptocurrency

The theme I want to share today is "The Rise and Challenges of Cryptocurrency". Cryptocurrency is a type of digital currency that operates through a computer network, and the ownership of each unit of cryptocurrency is recorded and stored in a digital ledger or blockchain. Blockchain is the most fundamental technology of cryptocurrency, and its core is the consensus mechanism such as Proof of Work (PoW). Cryptocurrency mainly includes three major types: one is payment cryptocurrency, such as Bitcoin (BTC) 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, with large-scale representatives such as China's digital RMB. Cryptocurrency has seven main features: distributed; security; scarcity; anonymity; high price volatility in trading; large energy consumption generated in the mining process; global instant trading without considering the cost of currency exchange and international transfer time cost. Click to read