Nancy
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The "account opening street" in Tsim Sha Tsui is empty; people trading Hong Kong and US stocks are flocking to secluded corners...
The surge in Hong Kong stock trading accounts has been met with a crackdown by regulators in both Hong Kong and mainland China, resulting in fines exceeding HK$2.2 billion for three platforms, including Futu and Tiger Brokers, significantly raising the bar for cross-border stock trading. Mainland investors are turning to overseas brokers and encrypted trading channels, further shrinking grey-area shortcuts.Who will carry the flag? How will Ethereum move forward in the post-foundation era after losing its "big brother"?
The Ethereum Foundation has voluntarily stepped down from its leading role, and Vitalik Buterin responded to market controversies by stating that maintaining the price of ETH is not his responsibility. In the post-Foundation era, how Ethereum, currently in a downtrend, can initiate an upward trend through policy reforms is a more pressing issue for the market.The SEC may give the green light to tokenized stocks, allowing crypto players to enter the market and vie for pricing power on Wall Street.
As tokenized stocks hit record daily trading volumes, Polymarket partners with Nasdaq to enter the pre-IPO prediction market, Hyperliquid's on-chain pricing challenges Wall Street, and the SEC's innovation exemption may be released this week, accelerating the mainstreaming of on-chain finance.The Ethereum Foundation faces restructuring challenges following the loss of several veteran leaders in four months.
In just a few months, several core members have left the Ethereum Foundation (EF), further dampening the already low morale of the Ethereum community, especially given the current relatively weak performance of ETH prices.Divergent views emerge among Ethereum investors: Harvard exits, which institutions are contrarian "buying the dip"?
Recently, Ethereum's price has consistently lagged behind mainstream assets, failing to break through resistance levels multiple times. Meanwhile, with spot demand for Ethereum falling to its lowest level this year, market concerns about further downside are growing, and institutional activity is gradually becoming a focus.Is Solana trying to piggyback on Hyperliquid's success? The founder speaks out in support; this battle for Perp will be tough.
Solana has begun actively driving traffic and increasing exposure for perpetual contract platforms within its ecosystem, aiming to re-invest in the Perp narrative. Although the Solana ecosystem is not lacking in Perp players, it has yet to make a significant impact on the market.Circle's stock price surged after its Q1 earnings report, as it seeks to shed its "interest rate stock" label.
With its compelling narrative of AI agent economics and the ARC stablecoin public chain, Circle quickly shifted market focus from current performance to growth expectations, successfully igniting market sentiment and driving a significant increase in its stock price.After SpaceX was listed on exchanges first, the price difference was nearly three times, creating an arbitrage opportunity.
While the traditional capital markets have yet to officially open, the crypto world has already sounded the clarion call for a preview. Recently, several major crypto exchanges have listed SpaceX-related pre-market tokens, generating pre-market buzz and making price discrepancies between platforms a hot topic of discussion.From being forced to leave to regaining control, Telegram returns to its TON home turf after six years.
From being forced to withdraw to regaining control, Telegram took six years to return to TON's home turf. Behind the slogan "Make TON Great Again," Telegram has now grown into a platform with billions of users, and TON has also gained the ability to survive.With nearly $500 million in unrealized losses and its stock price plummeting by 80%, Metaplanet, Asia's leading Bitcoin treasury company, faces a major test in the bear market.
Since launching its Bitcoin strategy in April 2024, Metaplanet is currently experiencing its first bear market cycle. Beyond its eye-catching marketing, its aggressive buying spree during the market downturn has propelled it into the ranks of the world's leading Bitcoin reserve companies.Bitcoin is once again embroiled in a fork narrative! The new blockchain eCash is scheduled to launch in August, with its proposed pre-mining of Satoshi Coins sparking controversy.
Bitcoin is once again embroiled in a fork narrative, with a new Bitcoin hard fork network called eCash set to launch and plans to airdrop tokens to BTC holders. This news has quickly sparked heated discussions within the community. However, eCash has already become embroiled in controversy even before its launch.Polymarket may abandon its blockchain and go solo, sounding alarm bells for Polygon, as public blockchains collectively enter the fray to attract users.
Recently, news has resurfaced that Polymarket is migrating away from Polygon. Faced with the massive user base of this phenomenal application, multiple public blockchains are vying for its users. Polygon has yet to respond positively to this potential "solo" plan.
