TokenAlchemist

The 2024 US presidential election has become a new focus for the crypto assets market, with a certain candidate's policies and statements impacting Bitcoin prices, and market expectations have already emerged. From financial policies to digital money regulation, the candidate's victory will have far-reaching effects on the market, and investors need to follow changes in the election situation and potential risks.

The Web3 media alliance Layer East Media in the Asia-Pacific region was established on November 9, aiming to help Western companies understand the business environment in the Asia-Pacific, enhance industry transparency, and support innovation. Alliance members include multiple media outlets, and in the future, they will actively participate in blockchain-related activities to promote the adoption of Web3 technology.

Signs of potential recovery in DeFi 2.0 and the key position of AAVE
Recently, several well-known industry figures have hinted that DeFi may be on the verge of a revival. An analyst detailed several key driving factors behind the rebound of DeFi 2.0:
- The DeFi ecosystem has significantly evolved, with improvements in scalability, security, and has brought innovative applications such as the tokenization of real-world assets.
- The total value locked (TVL) has significantly increased since October last year, and the trading volume of decentralized exchanges has also continued to rise.
- Some large financial institutions are entering the market through tokenized funds and stablecoins, indicating an increase in mainstream acceptance.
- The recent interest rate cut environment has increased market liquidity, making DeFi yields more attractive.
- The DeFi ecosystem has matured and become more secure through development, preparing for the next round of growth.

The U.S. House of Representatives will vote to pass the "Big and Beautiful Act", the U.S. Department of Justice has uncovered a $14.7 billion healthcare fraud case, and the Central Bank of Hungary has rejected cryptocurrency reserves. Swiss banks support Ripple stablecoin, and PayPal plans to establish a new bank. Market analysis predicts that Bitcoin will face key point challenges during the traditional bull run season.

The upcoming September US CPI data may trigger market fluctuations, with the core CPI change being particularly critical. The market predicts a month-on-month rise of 0.5% in the core CPI, which is lower than the August level. If it falls within the three expectations, it may impact US stocks and the US dollar. Analysts believe this data will be the focus of market attention.

Discussion of Berachain Ecosystem Characteristics and Overview of Core Projects on the Eve of Coin Issuance
Introduction
Berachain is a Layer 1 network characterized by the PoL (Proof of Liquidity) consensus mechanism, aligning the interests of validators, liquidity providers, and protocols. The second test network "bArtio Testnet" is currently underway to address issues discovered in the first test network.
Many ecological protocols have already been deployed on the bArtio Testnet version. As of January 2nd, according to the Berachain official website, there are a total of 234 protocols participating in the bArtio Testnet, and the cumulative number of wallets participating in testing Berachain's PoL mechanism has also exceeded 2.38 million. Although it is still in the testing network phase, these figures indicate that the market has a positive response to Berachain and its.

The global stablecoin concept is gaining momentum, with a certain Chinese tech giant striving to achieve a 90% drop in cross-border payment costs and an efficiency improvement to within 10 seconds by applying for stablecoin licenses in various countries. Their strategy revolves around "localization" to connect the global financial network. However, the United States is formulating a stablecoin bill that restricts non-financial listed companies from issuing payment-type stablecoins, demonstrating a different regulatory approach. This game driven by both the market and regulation may reshape financial infrastructure.

Court Hearing Records and Reflections on the Virtual Money Trading Platform's Alleged Casino Operations Case
A dream I had last night triggered my recollection of a case involving a virtual money trading platform suspected of operating a casino. Although this is just a fictional story, the plot is quite thought-provoking.
Case Background
A team member of a certain Virtual Money trading platform was suddenly taken away by the police during a roadshow in a first-tier city and detained in a detention center in a remote city. The platform is accused of operating a casino, as one of the functional modules in the platform was identified as a gambling game.
However, this accusation is highly controversial. The defense believes that users will immediately receive an equivalent return based on how much Virtual Money they invest, so there is no possibility of loss, and thus it does not constitute gambling. The prosecution insists that this module is a gambling game, but the argument seems insufficient.
Due to significant controversy, the case has undergone multiple investigations and hearings, and the defendant has been detained for more than a year. Finally, the first-instance verdict has arrived.

The liquidity of the US dollar has a significant impact on the crypto assets market, with an expected injection of $612 billion in liquidity in the first quarter of 2025, which may offset the market's disappointment with Trump's policies and drive the crypto market to rise. Investors need to follow changes in macro factors and adjust their strategies to cope with uncertainty.

Grass Depth Research Report: A Rising Star in the DePIN Field, The Rise of AI Data Banks
Key points
The core factor that makes Grass stand out in the DePIN project is the zero-threshold participation method. The user base is key, and other factors play a leverage role.
Grass has broken through the competition in the DePIN field through technological and model innovation:
- Utilize zero-knowledge proofs and Solana Layer2 architecture to ensure data authenticity and solve the "dirty data" issue in the AI industry.
- Adopt the "Bandwidth Mining → Points Reward" model to convert 2.5 million users into data nodes, forming a supply-side advantage.
With the growing demand for AI data, the development of the Solana ecosystem, and reasonable operational strategies, Grass has become a leading project in the AI data DePIN field.
Key factors to pay attention to for the future development of Grass:
- Short-term:2

This week, the financial markets experienced significant fluctuations, with the S&P 500 index rising by 5%, the dollar index falling below 100, and increased pressure in the bond market. Although CPI data has declined, signs of stagflation are emerging, liquidity is recovering, but the dollar's credit is facing challenges. In the future, attention should be paid to stagflation, debt refinancing, and the trends in Crypto Assets.

Robinhood's on-chain financial new journey: Building a global tokenization asset hub
June 30, 2025, Cannes, France. The CEO of a well-known fintech company announced a series of remarkable new initiatives on stage: a proprietary blockchain built on a Layer2 solution, tokenized trading of US stocks, perpetual futures, ETH/SOL staking, private equity token subscription, and a new type of credit card that directly converts offline consumption cashback into crypto assets. This launch event, named "To Catch a Token," actually targets the core of the entire traditional financial system. Following the announcement, the company's stock price surged nearly 10%, with a market value exceeding $76 billion, sparking enthusiastic reactions from the crypto market and US stock investors.
From a "zero-commission" disruptor to an on-chain financial reconstructor, this company is embedding itself deep within the global financial architecture. This is no longer a general company.

Stablecoins are experiencing rapid development from 2023 to 2025, especially in the fields of payments and cross-border transactions. The integration of artificial intelligence presents innovative solutions for the stablecoin ecosystem, but it also faces challenges in token design and financing of computational resources. Projects like Maitrix, Gaib, and USDAI are dedicated to promoting the combination of stablecoins and AI through over-collateralization, cash flow tokenization, and other methods, which are expected to enhance liquidity and returns in the future.

Since its launch in 2023, the SUI public chain has surpassed 123 million user addresses, with monthly active addresses reaching 40 million and a total cross-chain locked amount of approximately $2.55 billion. Its technical architecture supports high concurrency, making it suitable for applications in DeFi, content entertainment, and more. In the future, it will transform into a "Programmable Internet Stack" and seek breakthroughs in Web2 migration and the AI field.

Every late summer, the global economic community focuses on an economic event that will discuss the effectiveness and transmission of monetary policy. Against the backdrop of the Fed's interest rate hikes, the U.S. economy shows resilience, attracting attention. This annual meeting will become a key moment for policy direction, with participants interpreting future market dynamics and investment opportunities.

DePIN (Decentralized Physical Infrastructure Network) aims to reshape traditional infrastructure construction through Blockchain technology, improving resource utilization and transparency. The report analyzes six major subfields, including telecommunications, energy, and computing storage, revealing their potential and challenges faced, such as Token economics and regulatory issues. Despite early development difficulties, DePIN is still viewed as a long-term investment opportunity, and its future will depend on solving existing problems and technological innovations.

Trump has attracted global investor attention to the crypto market by issuing a personal memecoin, potentially restarting a new era of crypto regulation in the United States. Hong Kong is actively promoting RWA tokenization, but there is insufficient participation from traditional institutions. It is necessary to attract more institutions through a tokenization sandbox, focusing on standardized financial assets to accelerate market development, while leveraging public chain innovation to enhance competitiveness. If Hong Kong can adapt quickly, it will gain an advantage in the field of tokenization.

Analysis of Solana's Technical Architecture: Is a New Spring Coming?
Solana is a high-performance blockchain platform that utilizes a unique technological architecture to achieve high throughput and low latency. Its core technologies include the Proof of History (POH) algorithm to ensure transaction order and a global clock, the Leader Rotation Schedule, and the Tower BFT consensus mechanism to improve block production rates. The Turbine mechanism optimizes large block propagation through Reed-Solomon encoding. Solana Virtual Machine.

Two Chinese tech giants are preparing to apply for stablecoin licenses, reflecting their strategic layout and market potential in the digital finance sector. Stablecoins are favored for their low fluctuation and efficient payment capabilities, which will drive industry competition and accelerate application innovation. Leveraging regulatory frameworks in places like Hong Kong, these companies hope to secure a foothold in the global market, despite facing compliance and technical challenges.

Mike Dudas discussed the reasons behind the success of Pump.Fun, the buyback mechanism of Hyperliquid, and the decline of pure memecoins in his podcast. He believes that future encryption projects must provide actual returns to attract investment, while emphasizing that the stability of the team and project is crucial in crypto investments.