Analysis of the Reasons for the Crypto Assets Market Retracement
Last week, the Crypto Assets market experienced a significant pullback. While the market generally attributes this to Federal Reserve Chairman Powell's so-called "hawkish rate cut" remarks, in reality, this may only be a minor factor. The real impact came from Trump's strong pressure, alongside Musk, on Congress regarding the short-term spending bill last Wednesday, as well as the uncertainty triggered by the threat to eliminate the debt ceiling rules, which ignited a risk-averse sentiment among funds.
Macroeconomic data does not support market panic.
Last Thursday's FOMC interest rate decision met market expectations, concluding with a 25 basis point reduction. The market attributed the decline in risk assets to two factors: first, the dot plot showed a lack of consensus among the committee members; second, the median target interest rate for 2025 was raised. However, a closer analysis of Powell's speech reveals that his concerns about inflation risks seem to stem more from the uncertainties of Trump’s policies rather than changes in certain macro indicators.

"Trump Phone" is not just a communication device, but a product that ties together politics, business, and emotions. It draws on the Web3 business model to attract users through value-added services and emotional identification, while potentially introducing a Token economy to build a closed ecosystem. If successful, it will usher in the era of "Political Consumerism 2.0."

Since the launch of the Base network in February, it has gradually attracted attention, especially with the rapid rise of the BALD Token leading to a significant increase in total assets. Notable projects have emerged in various fields such as Decentralized Finance, NFT, and social applications. Although the market still requires caution, investors should strengthen their due diligence and assess potential risks and returns.

The Rise and Challenges of the Ethereum Community Foundation: A New Era
In the summer of 2024, at the Ethereum community conference in Cannes, France, a captivating "power transition" is taking place. Ethereum core developer Zak Cole announced the establishment of the "Ethereum Community Foundation" (ECF), whose mission is aimed directly at the core of the existing Ethereum order—supporting institutional-level adoption of infrastructure and driving up the price of ETH.
This move publicly challenges the "subtractive philosophy" long upheld by the Ethereum Foundation (EF). As the spiritual leader of the ecosystem, EF pursues "the best actions for the long-term success of Ethereum." The emergence of the ECF represents a complete "additive" movement. Zak Cole's declaration is like a heavy blow: "We had hoped that EF could self-correct, but they did not. So we stepped up."
The slogan of ECF "Every dollar

Recently, the financing boom in the blockchain gaming industry has been significant, with multiple projects receiving over $100 million in funding. Insta-Pok3r, as an emerging blockchain game, addresses trust and fairness issues in online poker through encryption technology, utilizing longer computation to enhance game security and fairness. Blockchain technology is driving a transformation in the gaming industry, achieving an advantageous exchange between players and developers, and we look forward to more innovative blockchain games emerging in the future.

The Agora document ecosystem launched by Iagon is a decentralized public document management platform that allows users to share and trade content, emphasizing community management and participation. The first version focuses on the NFT field, integrating AI technology and a reputation scoring mechanism to ensure the compliance and reliability of content, and will evolve into a complete NFT market in the future.

The U.S. Securities and Exchange Commission has released guidelines for the registration of encryption securities, clarifying the reporting requirements for crypto assets, including business operations, token design, and risk disclosures. This reflects the SEC's open attitude towards crypto regulation under new leadership, providing important references for companies looking to operate in the public market.