Bitcoin price has broken through the $100,000 mark, driven by multiple factors including the global economy, financial institution strategies, and market liquidity. Institutional accumulation and the issuance of stablecoins have boosted market confidence, while improvements in the policy environment have further promoted this rise. The trade agreement reached between Trump and the UK has also eased market concerns. It is expected that potential interest rate cuts by The Federal Reserve in the future will continue to influence market trends.

The governance V2 version of Polkadot enhances flexibility and efficiency by increasing the number of public votes, introducing new concepts, and abolishing the council, thereby strengthening the Decentralization governance capability and laying the foundation for future development.

The Federal Reserve (FED) maintained interest rates at the May FOMC meeting, increasing uncertainty in the economic outlook. Fund flow analysis shows moderate issuance of stablecoins and cautious inflows into ETFs, while BTC maintains an upward trend within a volatile range. On-chain data indicates that the chip structure is distributed towards the mid-waist, suggesting healthy market development, but attention must be paid to liquidity risks and key support levels.

Digital Asset ETF: The Evolution from Bitcoin to Ethereum
Recently, several asset management institutions plan to issue Ethereum ETFs in the United States, drawing widespread attention from the industry. This move not only affects market sentiment but also sparks numerous speculations about the direction of ETH's market value. So, what is the outlook for the issuance of Ethereum ETFs? How should we view this potential financial product?
Digital assets integrate into mainstream financial markets
The launch of the digital asset ETF marks the birth of a new class of assets. The Chief Investment Officer of an asset management company believes that the crypto asset ETF is a story of continuous development, and the successful issuance and good performance of the Bitcoin ETF in January of this year provide a positive signal for future development.
Data shows that the funding appeal of the Bitcoin ETF in the US ranks among the top in the 2024 US ETF rankings. For the Ether ETF, the industry generally expects its fundraising scale to be smaller than that of Bitcoin.

The South Korean presidential election may trigger four major changes in the global Crypto Assets market, including adjustments to Crypto Assets tax policies, increased approvals for ETFs, reforms in the multi-bank model of exchanges, and a rise in demand for KRW stablecoins. These changes will be gradually implemented, impacting the market's Compliance and competitive environment.

Raydium vs Pump Fun: Intense Competition in the Solana Ecosystem
Recently, two giants in the Solana ecosystem, Raydium and Pump Fun, have engaged in fierce competition. As a leading decentralized exchange on Solana, Raydium has maintained a dominant position in the market. However, Pump

The 2024 China Financial Stability Report shows a shift in the Central Bank's attitude towards Crypto Assets, focusing on regulatory innovations in Hong Kong and the development of global stablecoins. The report emphasizes finding a balance between risks and Compliance, encouraging market compliance and raising participant awareness. Overall, the regulatory framework and market standardization process are gradually improving globally.

Last week, there were a total of 20 investment and financing events in the global Blockchain industry, with a total financing amount exceeding 260 million USD. The main areas involved include DeFi, Web3 games, Web3+AI, and infrastructure, with important financing cases including Yupp's $33 million seed round and several companies focusing on the development of digital assets and Blockchain security.

SocialFi is a social web project that utilizes blockchain technology. Currently, it is in a marginal state, but it has the potential for privacy protection and traffic value redistribution. To grow and thrive, it needs to address challenges such as user thresholds, content incentives, decentralization, and experience balance. In the future, projects that can combine Web3 technology with a good user experience may lead the social revolution.