Industry News
Behind the scenes of the White House Crypto Summit, 5 closed-door proposals you didn't know about
Behind the scenes of the White House Crypto Summit, 5 closed-door proposals you didn't know about
The main content of the White House Cryptocurrency Summit proposed several policy recommendations. Former CFTC Chairman Giancarlo suggested restoring the concept of private armed ships 200 years ago, allowing the government to authorize hac
19 Mar 2025
In a turbulent market, which is a safer haven, gold or Bitcoin?
In a turbulent market, which is a safer haven, gold or Bitcoin?
Despite being called “digital gold,” Bitcoin is far less safe-haven than physical gold in the current market environment.All eyes are now on gold, the ultimate safe-haven asset. The price of gold just reached an all-time high of $3,000 per
19 Mar 2025
Bitcoin: From speculative bubble to global financial cornerstone
Bitcoin: From speculative bubble to global financial cornerstone
From being questioned to being recognized, Bitcoin will gradually become a strategic reserve asset for various countries with its unique advantages.For many years, Bitcoin's critics have regarded it as a speculative bubble, an asset without
19 Mar 2025
The Middle East fever is coming, and the BSC chain is full of gold dogs
The Middle East fever is coming, and the BSC chain is full of gold dogs
Under CZ's continuous shouting, the meme craze on the BSC chain continues, and golden dogs emerge in endlessly.In the past weekend, the transaction volume on the BSC chain has exceeded Solana. The memes on Base and Sol have died down, and t
19 Mar 2025
Analysis of the driving factors of the recent weakness in the crypto market and judgment of the cycle stage
Analysis of the driving factors of the recent weakness in the crypto market and judgment of the cycle stage
Crypto markets are weighed down by a combination of macroeconomic headwinds and industry-specific challenges, with volatility once again on the rise.Bitcoin remains largely uncorrelated with traditional assets such as gold and the S&P 5
19 Mar 2025
Crypto Queen Cathie Wood warns: 99% of meme coins will eventually be worthless
Crypto Queen Cathie Wood warns: 99% of meme coins will eventually be worthless
Zhitong Finance APP learned that "in the cryptocurrency market with a total market value of up to $2.6 trillion, 99% of memecoins may eventually become 'digital waste paper'." Cathie Wood, head of ARK Investment, issued a heavy warning on T
19 Mar 2025
Cathie Wood warns: Most memecoins may end up being worthless
Cathie Wood warns: Most memecoins may end up being worthless
Cathie Wood, founder and CEO of ARK Investment Management LLC, expressed skepticism about the long-term value of so-called meme coins in the cryptocurrency market on Tuesday. In an interview with Bloomberg Television, Wood discussed the pro
19 Mar 2025
Gemini cryptocurrency exchange owned by twin founders appoints new CFO
Gemini cryptocurrency exchange owned by twin founders appoints new CFO
Gemini, the cryptocurrency exchange backed by the billionaire Winklevoss twins, has named Dan Chen as its new chief financial officer. The news comes as Gemini recently filed confidentially to go public.Prior to joining Gemini, Chen held a
19 Mar 2025
EOS announces rebranding to Vaulta, shifting focus to Web3 banking
EOS announces rebranding to Vaulta, shifting focus to Web3 banking
EOS Network announced its transformation to Web3 banking, and will be renamed Vaulta. On the one hand, it will provide blockchain-based services customized for banks; on the other hand, it will provide a broader financial ecosystem, includi
19 Mar 2025
JPMorgan: Rising macroeconomic risks cause cryptocurrency market decline
JPMorgan: Rising macroeconomic risks cause cryptocurrency market decline
Analysts at JPMorgan Chase noted today that the cryptocurrency ecosystem has retreated significantly from its post-2024 U.S. election highs amid heightened concerns about the broader macro environment and risk assets.The bank reported that
19 Mar 2025