Standard Chartered, an investment bank, recently pointed out in a research report that if Trump is reelected as president, it could have a positive impact on cryptocurrencies. The report suggests that the Trump administration might promote a more supportive regulatory environment, which would aid the development of cryptocurrencies. Additionally, due to risks associated with the dominant...

ZUHYX has been monitoring and interpreting the latest remarks from Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), indicating that the cryptocurrency market will face more regulatory actions. The speech of Chairman Behnam indicates a growing strictness from regulatory agencies towards the cryptocurrency industry, which has profound implications for the entire...

Recently, according to research by Fidelity Digital Assets, the volatility of Bitcoin is showing a noticeable downward trend. This reduction in volatility not only indicates that Bitcoin is gradually transitioning from a speculative asset to a widely accepted investment tool but also signifies a stronger market foundation and a more diversified investor base. For the cryptocurrency trading...

In the current digital era, cryptocurrencies are rapidly changing the global financial landscape with their unique advantages. However, along with this trend, cryptocurrency crimes are also on the rise, posing unprecedented security challenges for investors and trading platforms. From scams to thefts and dark web transactions, these criminal activities continue to evolve, testing the anonymity...

Recently, according to Bloomberg, the Australian Securities Exchange (ASX) plans to approve the first batch of spot Bitcoin ETFs by the end of 2024. This news has garnered widespread attention globally, especially within the cryptocurrency and fintech industries. As a major financial market in the Asia-Pacific region, the move of ASX not only has the potential to change the landscape of...

As the implementation date of the crypto asset market regulations (MiCA) of the European Union approaches, the global cryptocurrency market is facing unprecedented change. ZUHYX believes that these new regulations will not only reshape the market structure within the EU but also have far-reaching effects on the global cryptocurrency spot market and related investment activities. MiCA...

According to the latest Chainalysis cryptocurrency spring report, 2024 will witness a significant increase in the adoption rate and market importance of stablecoins. With the increasing number of addresses holding stablecoins and their usage in on-chain transactions, stablecoins are gradually becoming a global financial asset. This trend is driven by various factors, including legislative...

With the rapid expansion of the cryptocurrency market, regulatory issues have become a focus of attention for governments and regulatory agencies worldwide. Recently, the Federal Bureau of Investigation (FBI) issued a warning emphasizing that US citizens should avoid using unregistered cryptocurrency transfer services. This measure aims to enhance financial security and prevent illegal...

Recently, Fidelity Digital Assets released a report indicating that the number of Bitcoin wallet addresses holding at least $1,000 worth of Bitcoin in the first quarter of 2024 has reached 10.6 million, doubling from 5.3 million addresses in 2023. Additionally, Bitcoin holdings on exchanges decreased from 3 million Bitcoins to 2.3 million Bitcoins during the same period, a 30% reduction. These...

With the rapid expansion of the cryptocurrency market, it has attracted the attention of numerous investors. However, this promising new field has also become a hunting ground for scammers. From false promises of guaranteed returns to white papers lacking substance, cryptocurrency scams come in various forms, aiming to deceive unsuspecting investors. In this context, how can investors identify...

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...