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Diving Observer
The version is about to switch again. The version belonging to the chain head is about to end, and the version belonging to the chain vc is about to begin. The reasons are as follows: 1. The ceiling of the projects that the chain head can drive is already very obvious, and they are basically meme coins, which cannot truly drive the emergence of innovative narratives and new infrastructure; 2. The core of the chain head is trading, or more nakedly, it is to grab liquidity, so the first priority must be to think about ones own interests. At the same time, in order to maintain the winning rate, in the existing environment, the pattern is loss, and building against the trend is stupid, so early pouring is the best choice (the head with construction ability has died in the previous version); 3. The coordination ability of the head and the upstream and downstream of the industrial currency circle such as the exchange is almost zero. It is difficult for the head to maintain its image as an independent researcher while running to teach the dog dealer and the exchange to do things. Another point is that everyone is relatively i; 4. A large number of vcs no longer invest in the primary market, but they still have a lot of money in their hands. At this time, they have only one choice, come to the chain. We have recently seen that many have vc behind them. Or the high-control projects supported by Mingzhuang are doing better, and after more than two years, many VCs have gone from rejecting the chain to embracing the chain; in a sense, generations of car heads have completed their historical mission: in addition to making money, they vote with their feet together with retail investors, forcing VCs and exchanges to build on the chain. In a sense, it is like a peasant uprising, but we must also recognize the limitations of the car heads. Most of the car heads are traders rather than infrastructure builders and new customers in the industry. At least until now, no car head has the ability to talk to the government or even the bosses of listed companies. Therefore, as the chain has developed to this day, the power of the industrial currency circle has also begun to intervene: VCs and exchanges have gathered together, and the car heads have started to invest, research and trade, and have begun to enter the stage of joint efforts to break the ceiling of the chain - this version is about to be launched.
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Special Topic | Trump’s tariff “stick” is sweeping the world, where is the crypto market going?
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Bybit launches the Gold and Forex Invite Friends to Get Gifts referral program, with a total reward pool of up to 180,000 USDT
TON announced that it will officially close Toncoin Bridge on May 10, 2025
Odaily Planet Daily News: TON announced that it will officially shut down the Toncoin Bridge, which has been running for nearly 4 years, on May 10, 2025. At that time, users will no longer be able to transfer Toncoin from TON to Ethereum or BNB Smart Chain through the bridge, but the previous cross-chain assets can still be collected. The bridge function of Toncoin to TON will be temporarily retained, and the termination time will be announced separately in the future.
12 hours ago
Binance announces listing and delisting standards
Odaily Planet Daily News According to the official announcement, Binance has detailed its listing and delisting standards, as follows: Binance Alpha (pre-listing pool): supports high-quality early Web3 projects, and users can trade directly on the chain without an external wallet; Binance Contracts: The worlds largest crypto contract platform, supporting long and short transactions and risk hedging; Binance Spot: The worlds largest spot trading platform, users can hold crypto assets, combined with a variety of exposure methods (such as Launchpool, Megadrop, HODLer airdrop); Launchpool: Users pledge BNB and other tokens to obtain new project tokens; Megadrop: Lock
13 hours ago
Coeptis announced a merger with Z Squared to transform into Dogecoin mining, and its stock price plummeted by nearly 40%
Odaily Planet Daily reported that Coeptis Therapeutics will merge with Z Squared, which focuses on Dogecoin mining, and plans to change its name to Z Squared, officially transforming from a biopharmaceutical company to a digital asset mining company. The merger will include the acquisition of 9,000 Dogecoin mining machines and the divestiture of the original biopharmaceutical department. Affected by the news, Coeptiss stock price plummeted by nearly 40%, and its current market value is about 32 million US dollars. The new company will be led by Z Squareds current CEO David Halabu and C
13 hours ago
Bitcoin recorded its biggest weekly gain since the US election, outperforming US stocks
Odaily Planet Daily News Bitcoin has led a rebound in risk assets and is expected to record its biggest weekly gain since Trump won the US presidential election. As investors digest the impact of Trumps trade war, the tech-heavy Nasdaq 100 index has risen by about 5%, but Bitcoin has risen by about 12% since last week, breaking through $95,000 for the first time since early March. Amid the constant volatility, the implied correlation within cryptocurrencies remains high, said Jack Ostrovskys, a trader at cryptocurrency market making company Wintermute. So, despite the improvement in the overall market, it is clear that macro and geopolitical forces are still
13 hours ago
Nasdaq advises SEC: Clear classification of crypto assets is key to future regulation
Odaily Planet Daily News: Nasdaq sent a letter to the U.S. Securities and Exchange Commission (SEC) cryptocurrency team, suggesting that U.S. cryptocurrency regulation should establish a clear digital asset classification law to help define four major categories of digital assets. Nasdaq believes that precise classification will help determine which agencies are responsible for supervision, and pointed out that securities assets should be regulated by the SEC and commodity assets by the Commodity Futures Trading Commission (CFTC). Nasdaq also suggested that the two regulators should develop platform trading rules applicable to multiple digital asset categories. (CoinDesk)
13 hours ago
USTR: Negotiating alternatives to reciprocal trade
Odaily Planet Daily News: The Office of the United States Trade Representative said on Friday that it is continuously in contact with Japan and other countries on alternative reciprocal trade arrangements that could eliminate or reduce the current 10% tariff level imposed on most countries. A spokesman for the Office of the United States Trade Representative said in an emailed statement that these negotiations are substantive and technical, but President Donald Trump will ultimately decide whether to enter into alternative arrangements with any country. (Jin Shi)
14 hours ago
CZ: I am glad to see Kraken listing BNB. The intensified competition in CEX is good for BNB
Odaily Planet Daily News CZ posted on the X platform that Exchanges need trading volume. For many years, many centralized exchanges (CEX) have been reluctant to list BNB, missing out on the high trading volume brought by this top five cryptocurrency. Now they are starting to catch up. Although this has intensified the competition faced by Binance, it is good for BNB itself. I am very happy to see Kraken start supporting BNB trading.
14 hours ago
ZKsync: We are working with the Security Committee to gradually convert the recovered ETH into ZK tokens
Odaily Planet Daily News: The ZKsync team released an update on the investigation of the airdrop token theft that occurred on April 13, 2025, disclosing that it is working with the Security Committee to explore the gradual exchange of recovered ETH into ZK tokens, and the subsequent processing will be determined by the governance mechanism. ZKsync also stated that it will revise the token program guidelines, requiring all token programs to use Capped Minter V2 launched in December 2024, which includes a pre-specified end date that automatically prevents minting outside the token program window; implements all on-chain contracts that can access ZK tokens or protocols.
14 hours ago
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