Data from 2024 shows that the adoption rate of cryptocurrencies in the Middle Eastern region of UAE is as high as 72%, with a daily average of 500,000 traders. This phenomenon not only reveals the continuous integration and increasing importance of blockchain technology in the global financial system but also highlights the leading position of the Middle East, especially the UAE, in the digital...

As the trading volume of Bitcoin and other mainstream cryptocurrencies continues to increase, the congestion and rising transaction fees on the chain have become an unavoidable issue. Recently, Bitcoin Core developer Ava Chow pointed out that the increased transaction fees may drive users to seek Layer2 solutions like the Lightning Network. This change not only affects the cost structure for...

Recently, Matt Hougan, Chief Investment Officer of Bitwise, stated in an interview with CNBC Squawk Box that Bitcoin prices have rebounded significantly after halving, making it a "buy on news" event, especially in the long term. Bitcoin halving is a significant event in the cryptocurrency market, occurring every four years, aimed at regulating the supply of Bitcoin by reducing mining rewards....

Recently, the stablecoin regulation proposal put forward by U.S. Senator Cynthia Lummis has garnered widespread attention within the cryptocurrency community. This proposal not only affects global market leaders like Tether but also may give an advantage to compliant enterprises like Circle Internet Financial in the new regulatory environment. The proposal suggests that companies with...

Against the backdrop of continuous development in the global cryptocurrency market, every technological innovation and major event has the potential to cause market fluctuations and attract the attention of investors. Data shows that there are 298 blocks remaining until the Bitcoin block reward halving, which is approximately 1 day, 23 hours, and 10 minutes away. Besides this exciting event, a...

In the rapidly evolving landscape of digital currencies and decentralized finance (DeFi), cryptocurrency investors are facing increasingly complex risks, especially from well-planned online scams. ZUHYX has closely observed this trend and conducted an analysis of the latest emergence of "DeFi mining" scams. The evolution and escalation of "DeFi mining" scams not only jeopardize the financial...

With the continuous development and maturity of blockchain technology, its applications have expanded from purely digital currencies to multiple industry sectors. Particularly, the rise of Decentralized Physical Infrastructure Networks (DePIN) is gradually changing the perception of the public on the potential of blockchain technology. The concept of DePIN technology has garnered significant...

A recent study conducted by KPMG shows that after a turbulent year in the cryptocurrency market, private cryptocurrency investors in Germany, Austria, and Switzerland are showing signs of renewed investment sentiment. The study, covering approximately 2,400 cryptocurrency investors, found that 54% of respondents allocated more than 20% of their investment to digital assets. In this market...

Recently, according to data released by the Arkham platform, the US government holds a staggering amount of digital assets, including 212,847.37 bitcoins valued at approximately $15.077 billion. This figure not only highlights the significant position of Bitcoin as a digital asset in the global financial system but also signifies that the US government has become a heavyweight player in the...

Recently, the unprecedented attention of the US government to the legal framework in the cryptocurrency field, especially regarding stablecoin legislation, has sparked widespread discussions in the market. Among various dimensions of cryptocurrencies, stablecoins are seen as a crucial regulatory focus due to their unique market positioning and potential role in financial stability. The recent...

Recently, the cumulative trading volume of the US spot Bitcoin ETF surpassed the $200 billion mark, marking another milestone development in the digital currency market. The significant increase in holdings of the spot Bitcoin exchange-traded fund IBIT, owned by BlackRock, further confirms the increasing acceptance of the mainstream financial market for cryptocurrencies. This phenomenon not...

Recent statements by Republican Senator Cynthia Lummis suggest that cryptocurrency will be a key issue in Senate elections. ZUHYX believes that this politicization trend signals significant changes that the cryptocurrency market and related policy environment may face. For investors, this is a development stage that requires attention and understanding. The increasing attention to...

Recently, a prediction from a major U.S. bank stated that gold prices are expected to surpass $3,000 per ounce within the next 12 months, while silver prices are projected to reach $30 per ounce. This forecast has garnered widespread attention in the global economic and financial markets, especially amid the backdrop of the Federal Reserve maintaining interest rates and a significant increase...

Recently, the cryptocurrency market has encountered new opportunities and challenges. According to CME, "FedWatch," the probability of the Federal Reserve maintaining interest rates in May stood at 93.3%, which decreased to 50.9% in June, while the probability of a cumulative 25 basis point rate cut rose to 46.1%. This policy direction foreshadows future trends in financial markets, directly or...

In the realm of cryptocurrencies, the total market capitalization of Bitcoin surpassing the combined market cap of the top four banks of the world has become a significant milestone event, signaling the increasing status and influence of cryptocurrencies in the global financial system. Meanwhile, Bitcoin is approaching its fourth halving, a historic moment expected to have profound effects on...

Recently, according to Zac Townsend, CEO of Meanwhile Company, Bitcoin is not just digital gold; its greatest potential lies in becoming a currency for business and trade. Despite its significant price volatility, Bitcoin, as a global and decentralized currency, has begun to be widely accepted by numerous investors and institutions. In the current rapidly evolving digital economy, Bitcoin is...

From the birth of Bitcoin to the emergence of the smart contracts of Ethereum, and further to the various decentralized finance (DeFi) applications, cryptocurrencies have not only redefined the concept of currency but also brought unprecedented convenience and opportunities for trading, investment, and asset management. However, with the rapid development of the cryptocurrency market and the...

Recently, the cryptocurrency market has once again demonstrated its unpredictability and potential enormous opportunities, especially with the significant growth in the stablecoin sector becoming a focal point of industry attention. In March, the total market capitalization of stablecoins pegged to the US dollar saw a notable leap from $143.3 billion to $151.4 billion, surpassing an increase of...

In the current rapidly evolving digital economy, Ethereum, as a pioneer in blockchain technology and a crucial pillar in the cryptocurrency domain, each technological upgrade signifies not only a revolution within its own ecosystem but also a catalyst for the entire digital asset market. Recently, with the Dencun upgrade and the implementation of Layer 2 (L2) solutions, Ethereum has made...

In the global economic environment, the interest rate decisions of the Federal Reserve have always been one of the most closely watched focal points. Recently, according to CME, "Fed Watch" data, the probability of maintaining interest rates unchanged in May is 89.9%. This decision expectation has profound implications, not only affecting the nerves of traditional financial markets but also...