Website Update

Run, train, earn: which GameFi projects to watch in 2024 According to the Messari report, in 2023, about 3.4 billion gamers brought the gaming industry $184 billion. The latter undergoes a paradigm shift once every 10 years, so the rise of the GameFi financial sector can be compared to

Heads-up: we are expanding our 'ETFs in Depth' conference to South America. The event will be in Sao Paulo Brazil on Aug 13th. I'll be there along with key industry people from that market.

In the past half month, we have witnessed an exciting pump. This is not just a change in cold numbers, but the result of the unremitting efforts of many participants. The market trend is like a dynamic Candlestick Chart, with each rise interpreting the meaning of persistence. In this round of pump, a certain project broke through multiple key price levels and set a new high. This achievement is hard-won and is the result of the collective efforts of various market participants. As favorable news continues to emerge, the entire industry is showing a positive resonance effect. Currently, we are at a node full of opportunities. This is not just a game of numbers, but a transformation that concerns innovation and value reconstruction. For those participants who are insightful, this may be a rare opportunity for wealth accumulation. However, we also need to stay vigilant. The market is always full of uncertainty, and while enjoying the joy brought by the rise, we must always be alert to potential risks. Rational participation and prudent decision-making are the keys to remaining undefeated in this ever-changing market.

The latest non-farm employment data has brought positive signals to the Crypto Assets market. The number of new jobs added was only 70,000, far below the expected 110,000, and the unemployment rate also met expectations by rising to 4.2%. This data combination creates favorable conditions for the Fed's future interest rate cut decisions. The financial markets reacted quickly to this. Futures trading shows that the probability of a 25 basis point rate cut by the Fed in September has surged from 45% to 75%. Market participants generally expect two rate cuts before the end of the year. This change in expectation has undoubtedly injected new momentum into the Crypto Assets market. However, it is worth noting that Bitcoin may struggle to achieve a real breakthrough rise before the Fed actually takes action to cut interest rates. The current market expects a high likelihood of a rate cut in September, which means that the market may primarily fluctuate downward in August. Investors need to remain vigilant and wait for the results of the Fed's monetary policy meeting in mid-September. For Bitcoin investors, the price level of $112,000 is crucial. This is not only a key support level but could also become the starting point for the next round of Bitcoin's rise. If this price level is missed, investors may miss out on a potential significant upward trend. Ethereum and other Crypto Assets may also be affected by this macroeconomic situation. With changes in the Fed's policy expectations, the entire Crypto Assets market may face new opportunities and challenges. Investors should closely monitor economic data and policy trends, and adjust their investment strategies accordingly.

Robinhood launches tokenization of stock trading, partnering with Arbitrum to develop a dedicated blockchain. Robinhood officially unveils its ambitions in the crypto space. As stock tokenization becomes the new battleground in the crypto market, following several trading platforms, Robinhood announces the launch of tokenized stock trading services covering over 200 U.S. stocks and ETFs, and introduces a dedicated RWA Layer2 blockchain based on a certain Layer2 solution. As a result of this news, Robinhood's stock price rose by over 12.7% to $93.6, setting a new all-time high. The EU launches US stock tokenization and develops an official L2. Robinhood announced the provision of stock tokenization trading services to EU users, now supporting over 200 US stock assets for on-chain trading 24 hours a day, 5 days a week, including tokens from several well-known tech companies, and plans to expand this year.