1. Detailed Analysis of the U.S. Congress Encryption Week: Summary of Three Major Bills, Market Trends, and Industry Opinions

The U.S. House Financial Services Committee has announced that "Crypto Week" will begin on July 14 and end on the 18th. Legislators will debate and possibly vote on three major encryption bills: the CLARITY Act, which will define regulatory oversight of the encryption market; the GENIUS Act, which establishes a framework for stablecoins and has been approved in the Senate; and the Anti-CBDC Surveillance State Act, which will prohibit the creation of a U.S. central bank digital currency. Click to read.

2.Encryption economy trio performance: CPI

On the night of the release of May's CPI in June, the eagerly awaited US May CPI data was finally revealed. The core CPI rose 0.3% month-over-month and dropped to 2.9% year-over-year, basically in line with market expectations. The announcement of this key data provided a relatively clear direction for the continuously fluctuating market. After the data was released, readers with a good memory would certainly recall that BTC immediately surged, breaking the $110,000 mark the following morning, just a step away from the historic high of $111,980 set in May (although it has now reached 120,000). The expectation of interest rate cuts has been reinforced again, becoming a key factor driving market sentiment, and market sentiment has noticeably warmed up, with mainstream cryptocurrencies like ETH and SOL rising 3%–7% simultaneously. Click to read.

3. Opportunities and Risks of Polymarket: A New Way to Bet on the Future

Polymarket represents the modern incarnation of prediction markets, operating in a decentralized betting environment where participants can speculate on the outcomes of future events. Unlike traditional betting platforms, Polymarket utilizes blockchain technology to facilitate trustless transactions, ensuring that historical data and transaction records are immutable. At the core of Polymarket is a dynamic mechanism that converts probabilities into market prices, where each bet influences the evolution of odds. The platform relies on smart contracts, which automatically execute transactions based on predetermined criteria once the specified outcome is determined. Click to read.

4.L1 zkEVM: The First Step Towards the Ethereum ZK Finale

For those closely following the development of Ethereum technology, the recent blog post "Delivering L1 zkEVM #1: Real-Time Proof" by Ethereum engineer Sophia Gold is of significant importance. Although this only represents the technical ideas of the Ethereum core development team and has not yet officially entered the EIP (Ethereum Improvement Proposal) process, there is still a long way to go before it becomes an established plan for the mainnet upgrade, the signals it releases should not be underestimated. Click to read.

5. Clarifying the Four Attributes of Stablecoins

Recently, there has been significant debate in various sectors of society regarding the fundamental question of what stablecoins are and what functions they serve. This article will clarify the four main attributes of stablecoins by examining their product positioning and business models through comparative analysis. Click to read.