U.S. May FHFA House Price Index

Global financial markets are experiencing significant fluctuations due to geopolitical tensions, with Bitcoin and Ethereum facing critical support level tests. Bitcoin is fluctuating within the $100,000 range, with an important support level at $95,000; Ethereum is encountering resistance at $2,378 and may dip to $2,036. The market needs to follow changes in the political situation and monetary policy.

The article discusses the rise and fall of SBF and his company FTX, revealing that his belief in effective altruism contributed to his success but also led to the eventual crisis. SBF's excessive expansion and short-sightedness, along with concealing financial conditions, ultimately resulted in his predicament. After reflection, he is seeking rescue funding in an attempt to recover losses.

The Korea IXO Blockchain Conference was held in Seoul from June 24 to 25, discussing hot topics such as stablecoins, custody, and security. Experts emphasized the importance of stablecoins as financial infrastructure, as well as the various risks they face, calling for the establishment of a multi-dimensional security system to address these challenges. As the market expands, global regulatory agencies are accelerating the formulation of compliance frameworks to protect users and prevent financial risks. The conference also provided project showcases and interactive exchanges, promoting the development of the Web3 field.

In the current chaos of the crypto market, many tokens have become short-term speculative tools. However, the $C token has carved out a unique development path, becoming an important hub in the Web3 data economy. The value of the $C Token is primarily reflected in its diverse real-world application scenarios. Developers need to consume $C to access data API interface services; nodes that provide storage and computing resources are rewarded with $C; users can even pay an additional $C to prioritize urgent queries. This comprehensive application design closely links the value of $C to the overall activity of the network— the more prosperous the ecosystem, the higher the practical value of $C. The innovation of the $C Token also lies in its unique incentive mechanism. Nodes that stake $C can not only share query fees but also participate in ecosystem governance. They can vote on the priority of new links, adjust query fee standards, and even provide $C rewards for high-quality data applications. This 'participants are decision-makers' model makes every $C holder an active contributor to the ecosystem. Compared to the one-time payment model of traditional data services, the $C Token has built an ecosystem of shared benefits: the more users use it and contribute, the greater the ecological dividends they receive. Just like the importance of computing power in the Internet era, the 'data processing rights' are being redefined and redistributed through $C in the Web3 era. As more decentralized applications and large tech companies begin to adopt this service, the $C Token carries not only the value of a token but also represents the future development direction of the Web3 data economy. This model proves that truly valuable tokens are not generated through speculation but gradually establish their value through actual use.

After the approval of the Bitcoin Spot ETF, there is widespread industry expectation that the Ethereum Spot ETF is also likely to be approved in May, although the SEC chairman's stance on the legality of Ethereum is ambiguous, and the lack of institutional support for the ETF has raised doubts. However, several lawyers believe that the approval experience of the Bitcoin ETF will pave the way for Ethereum. Some analysts think that the SEC's final decision may be influenced by political factors, with expectations after the November elections.