"Weekly Editor's Picks" is a "functional" column of Odaily.On the basis of covering a large amount of real-time information every week, a lot of high-quality in-depth analysis content will also be released, but they may be hidden in the information flow and hot news, and pass you by.
Now, come and read with us:
Now, come and read with us:
Investment and Entrepreneurship
Investment and Entrepreneurship
On-chain analysis of Glassnode: long-term holders have been purged, and the encryption market has entered its darkest moment
The current bear market coincides with the darkest phase of previous bear markets. The market averages only slightly above its cost basis, and even Long Term Holders get washed out. The realized price of Bitcoin is about $23,430, and the last unrealized losses were in March 2020 and at the end of the 2018 bear market.
Retail investors seem to be unimpressed with the current downward trend and are still increasing their holdings of spot BTC; whales with more than 10,000 coins have also been increasing their holdings in the price range of $25,000 to $32,000.
Historically, this phase has taken about 8 to 24 months to pass as the market eventually bottoms out. All eyes are now on the belief and support brought by the Bitcoin HODLer. However, the power of HODLer alone cannot create higher demand to resist selling pressure.
How to survive the long bear market?
The bear's guide to maintaining mental health.It's good to be scared. Don't hold assets that make you uncomfortable or intimidating. Stay here if you have to. If you finally choose to surrender, do so as soon as possible, there is no shame in selling something you feel you no longer hold. It is never too late to reallocate your positions. Be true to your feelings.Be wary of twitter, know well
DeFi
. Find your own position (programmer, creator, investor), establish your own advantages, sum up experience, and regain a healthy lifestyle and hobbies (outside the currency circle).
NFT
A comprehensive analysis of the PoS pledge market: Will Staking drive the next round of bull market?
Source Code Interpretation: What exactly is the NFT you bought?
Web 3.0
secondary title
V God: In addition to finance, what other scenarios are blockchains suitable for?
Among them, the two areas where V God is most confident are interoperability with other blockchain applications and account management, and he believes that "blockchains should only appear where there is a rigid need."
It’s been a long time since I saw the survey report. Let’s understand the industry’s perception and judgment of zero knowledge. Most of the interviewees are very optimistic about the future of ZKP. The two most powerful applications (functions) of ZKP are: scalability and privacy security.
Ethereum and scaling
Ethereum and scaling
IOSG Ventures: The dawn is approaching, and the merger of Ethereum is close at hand
It is mainly an update and preview of the Ethereum merger timeline. Last week, the merger was successfully implemented on the Ethereum testnet Ropsten, and PoS was officially enabled on Ropsten; the merger on the Sepolia and Goerli testnets will take place in a few weeks; if it goes well, the merger on the Ethereum mainnet is expected in August It will be implemented from late to November; in order to cooperate with the final mainnet The Merge, EIP-5133 proposes to restart the difficulty bomb of the mainnet in August; due to the gradual maturity of the second-layer expansion plan, the current work focus of Ethereum has shifted from the establishment of branch The shard chain shifted to support the merger of the main network and the beacon chain; the shard chain is expected to receive support in 2023.
Messari Report: Comprehensive Analysis of Lido Liquidity Staking
The article includes Lido's development status, operating principles, st assets on Lido, Lido's DeFi integration, and the competitive landscape and risks of the pledge market.Currently, only about 10% of all ETH in circulation is staked. After the merger, stakers can choose to withdraw funds, and the staking reward may also be doubled. If the stake ratio of ETH reaches the average level of the current top PoS public chains, the total stake of ETH may also increase by six times. Lido will usher in another huge opportunity, and it may use it to strengthen its position as the market leader in the ethereum liquidity staking track. Lido will play a central role in protecting the largest L1 security, directly or indirectly affecting the security of billions of dollars worth of assets.》《There are three good articles about Rollup this week, recommended reading: "》《Rollup's next step: how to implement a decentralized sequencer?》
New ecology and cross-chain
Comprehensive analysis of cross-chain bridges: design, trade-offs and opportunities
Comprehensive analysis of cross-chain bridges: design, trade-offs and opportunities
DAO
Practitioner's self-report: How to create a DAO (with list of advantages and disadvantages of tools)
Talk about the experience of "how to cold start a DAO". From his own experience, the author introduces the operation rules of DAO, the basic requirements for starting DAO, the directions that need to be paid attention to, and the experience of using some common tools. The actual problems encountered are quite detailed.
Fortunately, there is a "TL;DR" to summarize 4D, covering Bitcoin, Ethereum, alliance chain, public chain, the way the United States participates in the encryption industry, etc.
hot spots of the week
secondary titlehot spots of the weekIn the past week, the market has fallen further,The OP was stolen，Suspension of Withdrawals, Transactions and Transfers，Three Arrows CapitalstETH continues to unanchorThree Arrows Capitalin a liquidity crisis,BlockFiRelevant agencies have respondedMicroStrategy, frequent large-value transfers on the chain,It is also questioned or will be thundered,Suspend product redemption and withdrawal functions due to greater liquidity pressure;
In addition, in terms of policies and macro markets,the fedIn addition, in terms of policies and macro markets,the fed，Raise the benchmark interest rate by 75 basis points to the range of 1.50%-1.75%, the largest rate increase since 1994, and securities regulators in many states in the United States areInvestigate CelsiusMusk faces class action lawsuit for promoting Dogecoin, with claims of up to $258 billion, South Korean lawmakers plan to amend the law,Incorporate unlicensed virtual asset financing into illegal credit practices, the South Korean authorities will promoteBlockchain Platform Basic Law；
The formulation of the 5 largest encryption exchanges in South Korea willEstablish a joint consultation body and formulate common review standards for tokensIn terms of opinions and voices, the former chairman of the CFTC of the United States saidCrypto Lending Platforms Should Be Strictly Regulated, according to JP MorganTokenizing U.S. Treasury bonds or money market fund shares means that these may be used as collateral for DeFi pools, MicroStrategy CEO considersbuy more bitcoin，Do Kwon, Arthur Hayes believesThe bear market will last for 6-12 monthsDenies cashing out $2.7 billion from Terra,korean policePeople's Daily Online
Institutions, large companies and top projects,The article stated that digital collections are related to NFT, but there are essential differences;Institutions, large companies and top projects,Sequoia India and Southeast AsiaLaunched two new funds totaling US$2.85 billion,Project TBD under Jack DorseyA decentralized web platform called "Web 5" will be established, and Ethereum will, to delay the difficulty bomb for about 2-3 months, Circle will release；
NFT and GameFi fields,OpenSeaEuro Stablecoin Euro CoinSTEPNWith "Editor's Picks of the Week" series
With "Editor's Picks of the Week" seriesPortal。
See you next time~
IOS
Android