Topics of Crypto World

In the article, we organize seven indicators signals worth investors' attention during a bull market, perhaps providing you with clues to successfully "exit at the peak." Through various indicators and signals, we assist traders in judging market trends and macro conditions.

Merlin Chain currently supports Bitcoin protocols including BRC20, BRC420, Bitmap, Ordinals, and will soon support Atomicals, Stamp, Runes, etc. According to official sources, there are currently hundreds of dApps in preparation or online. In a recent AMA, Merlin Chain also announced collaborations with 5 DApp projects. This article will briefly introduce the basics of these pioneering projects.

This article explores inscriptions and their applications on the Bitcoin blockchain, as well as the associated theory of ordinals. By clarifying the confusion between the terms "ordinals" and "inscriptions," this article will help readers understand these two concepts more clearly, delving into their technical foundations and potential impacts on Bitcoin and the crypto industry.

“MapleStory Universe” is based on the MapleStory IP. It has more than 180 million users worldwide and is expected to build a community-centered C2E ecosystem that is different from existing web3 games.

The upcoming elections may impact Bitcoin's performance as important macro policy issues such as government deficits and debt, inflation, the independence of the Federal Reserve, and the role of the United States in the world are at stake. Bitcoin is seen as an asset hedging against the devaluation of the US dollar, which could be influenced by the next president's stance on the independence of the Federal Reserve. Additionally, industry-specific legislation and geopolitical factors may also affect Bitcoin's trajectory. Investors can assess the impact of reelection from the statements and actions of the candidates. Government overspending may lead to currency devaluation, and the independence of central banks is also crucial. Recently, CNN reported on two comprehensive bills aimed at promoting responsible financial innovation.

In the past, bull markets stimulated user growth, but this growth resembled more of a market volatility effect amplified by leverage, rather than genuine market acceptance. Now, the liquidity surge driving market volatility is about to give way to a permanent structural shift driven by three major positive factors.

Pixelmon, a project that faced considerable controversy in 2022, announced at the beginning of this month a fundraising of $8 million. Following this, it partnered with MON Protocol to launch the MON token and declared that a public token sale would occur at the end of this month.

Mode Network is a modular Layer2 network based on the OP Stack, adopting the Optimism Bedrock upgrade, which reduces costs by more than 95% compared to the Ethereum mainnet. In 2024, it received a $5.3 million donation from the Optimism Foundation, with part of the donation given to the Optimism Collective. The team is small, with technology adopting a modular concept, suitable for developing on-chain games and trading platforms. Mode Flare has been launched, featuring high throughput, quick deployment, and low transaction fees. There are multiple DeFi projects in the ecosystem, with a TVL exceeding $100 million. The future development is worth attention.

The focus of the Bitcoin ecosystem's development lies in supporting market activities. Mainstream Layer2 solutions include the Lightning Network, sidechains, and Rollups. The Lightning Network enables peer-to-peer payments by establishing off-chain payment channels, while sidechains achieve this by locking Bitcoin assets and minting equivalent assets on the sidechain. Within the Bitcoin ecosystem, there are also stablecoin protocols and various DeFi projects. Unlike Ethereum, Bitcoin's Layer2 solutions offer multiple choices. The Lightning Network has the potential to achieve high TPS (transactions per second) but carries centralization risks. Sidechain solutions, similar to Ethereum, can issue assets equivalent to Bitcoin at a 1:1 ratio. Additionally, there are various cross-chain bridge solutions and Bitcoin-based DeFi protocols, such as B2 Network, Merlin Chain, and Alex. The Bitcoin ecosystem will serve as a crucial engine for this bull market, with various DeFi protocols, stablecoin protocols, and cross-

This article introduces research funded by the dYdX Foundation, discussing dYdX as a successful case of a decentralized exchange and its impact on the current blockchain industry. dYdX's success challenges "Rollup maximalism" and provides a significant case of whether infrastructure or applications are more important. The article also outlines dYdX's development history, from initial margin and options trading to perpetual futures contract trading. Finally, the article summarizes the significance of dYdX's development for the industry and provides valuable insights for those considering launching or transitioning products. dYdX's development has undergone several stages, from launching on the Ethereum mainnet, moving to Layer1, and ultimately launching its own chain. dYdX's decisions demonstrate the importance of blockchain infrastructure, with flexibility being crucial for the success of products.

The fundamental logic of stETH is to deposit ETH into Lido. Lido utilizes these ETH to participate in Ethereum's PoS (Proof of Stake) to earn rewards, and users receive corresponding stETH as proof of their participation. Subsequently, Lido distributes the rewards to the addresses holding stETH.

BTC L2 is a hot topic in the blockchain space, with a variety of projects vying for dominance. Among these projects, Merlin Chain has emerged as a strong contender, often being compared to ETH L2 solutions as a representative of the Western world.

The article analyzes key factors contributing to the success of crypto projects, including having an excellent team background, unique market positioning, the ability to secure funding from top institutions, ecosystem development, and innovative products addressing market sticking problems.

Solana DeFi was declared dead in 2023, but made a strong comeback in 2024, involving 100+ projects, TVL reaching $3.8 billion, and daily trading volume reaching $2.5 billion. Solana has 50 top teams. Its advantages are low fees and high throughput, attracting a large number of users and developers. Solana is connected to multiple platforms, has friendly wallets and bridges, and will launch more cross-chain applications in the future. Major DeFi projects on Solana include DEX, lending markets, and derivatives, with more innovations expected in the future. Solana’s composability and infrastructure development have allowed the DeFi ecosystem to grow rapidly.

Last year, the narrative of DePIN ignited the trend of Helium (Mobile). Although DePIN seemed unremarkable during the “Bitcoin Bull Market,” it still brought surprises to the cryptocurrency industry. At the recent ETHDenver 2024 conference, DePIN was listed as a hot track, and now the success of io.net has once again stirred up the DePIN narrative.