DWF Labs: The encryption market may be flat in the short term, and it is expected to usher in a turnaround in the second half of the year Andrei Grachev, co-founder of DWF Labs, said on social media that the current Crypto Assets market seems to have entered a rather calm and even boring phase, and more long is needed to drive the drivers of capital inflows. According to Grachev, the current is a good time to build, but the timing of investment and financing is mediocre. Grachev predicts that the market is likely to continue to fall or Sideways in the coming months, after which market activity will increase and Ethereum ETF may be launched, driving the market back to the long. But he also cautioned investors to do their own research (do your own research (DYOR)). The data shows that Google search popularity has fallen back to December 2023 levels. But interestingly, the market hit new highs even if public interest in Crypto Assets didn't hit previous highs. In addition, the total market capitalization of Crypto Assets is currently around $2.2 trillion, fluctuating in the range of $1.9 trillion to $2.8 trillion, which brings fear and greed, but has not yet formed a trend, just market Fluctuation. alts accounted for about 19 percent, with investors selling some alts to buy other alts, but mostly buying Bitcoin, Ethereum and stablecoin. There is still a certain amount of blind optimism in the market, but it seems somewhat unrealistic right now. Volume has fallen back to November and December 2023 levels, and the market is fairly calm.

CryptoSlate reports: CryptoSlate reports that Andrei Grachev, co-founder of DWF Labs, tweeted that the current cryptocurrency market seems to have entered a relatively calm and even boring stage, and more driving factors are needed to stimulate capital inflows. Grachev believes that the current period is a good construction period and a good time for investment and financing. Grachev predicts that the market may continue to decline or move sideways in the coming months, and then market activity will increase. Ethereum ETF may be launched, which will drive the market to turn bullish again.

Golden Finance reported that Andrei Grachev, co-founder of DWF Labs, tweeted that the current cryptocurrency market seems to have entered a rather calm and even boring stage, and it needs more driving factors to stimulate capital inflow. Grachev believes that the current period is a good time for development, as well as for investment and financing opportunities. Grachev predicts that the market may continue to decline or move sideways in the coming months, and then market activity will increase. Ethereum ETF may be launched, which will drive the market to turn bullish again.

According to BlockBeats, Andrei Grachev, co-founder of DWF Labs, stated on social media on April 27th that the current cryptocurrency market seems to have entered a rather calm and even boring stage, requiring more driving factors to stimulate capital inflows. Grachev believes that this is a good period for construction, but the timing for investment and financing is general. Grachev predicts that in the next few months, the market may continue to decline or fluctuate sideways, and then market activity will increase, possibly launching Ethereum ETFs, driving the market back to a bullish trend. However, he also reminds investors to do their own research (DYOR). Data shows that Google search popularity has fallen to the level of December 2023. Interestingly, even though public interest in cryptocurrencies has not reached previous highs, the market has still reached new highs. In addition, the total market capitalization of cryptocurrencies is currently about $2.2 trillion, fluctuating between $1.9 trillion and $2.8 trillion, which has caused fear and greed but has not formed a trend, just market fluctuations. In addition, the proportion of altcoins is about 19%, and investors are selling some altcoins to buy other altcoins, but mainly buying Bitcoin, Ether, and stablecoins. There is still some blind optimism in the market, but it now seems somewhat unrealistic. Trading volume has fallen to the levels of November and December 2023, and the market is quite calm.

Perianne Boring, CEO of the Digital Chamber of Commerce, said in an interview with Fox Business on Thursday that the Senate Ethics Committee should launch a full investigation into Senator Elizabeth Warren, who made false and misleading statements about Crypto Assets and misled the American people and Congress in multiple ways.

Perianne Boring, CEO of the Digital Chamber of Commerce, said in an interview that its four valuation models set the current valuation of BTC at between $100,000 and $210,000, with each Bitcoin likely to reach $1 million by 2029, in addition, crypto adoption in the United States will rise from 40% to 90% in the next five years.

PANews reported on November 8 that according to CoinDesk, Michael Hsu, acting administrator of the Office of the Comptroller of the United States (OCC), said at the DC Fintech Week event in Washington that asset tokenization may be the answer to the complexity of capital and securities flow risk. "The point of tokenization is to solve a real problem, and that problem is settlement," HSU said. It's boring background work, but it's extremely important. Whenever an asset changes hands in the financial world, the transaction usually passes through multiple entities and checks its validity before it is cleared and settled, officially falling into the hands of the recipient. Trading at any of these tiers carries a certain risk of failure. If done correctly, tokenization promises to break this and simplify it. ” But when it comes to the crypto space, Hsu remains skeptical, arguing that the divide between crypto and tokenization seems to be growing, and that "cryptocurrencies tend to be driven by speculation and are still riddled with fraud, scams, and hacks."

Executives and their lobbyists representing more than 40 mining companies visited dozens of offices in the House of Representatives, focusing on members of the House Energy and Commerce Committee, Golden Finance reported. Perianne Boring, CEO of the Digital Chamber of Commerce, said, "Our core message to the Congressional Office today is that Bitcoin mining is helping to achieve and advance America's energy security and national security. The industry also supports a bill introduced by Rep. Pete Sessions (R-Texas) that would establish the House of Representatives' belief that proof-of-work Bitcoin mining is beneficial.

Executives representing more than 40 mining companies and their lobbyists visited the House on Thursday to lobby dozens of House offices, primarily targeting the House Energy and Commerce Committee. Perianne Boring, CEO of the Digital Chamber of Commerce, said bitcoin mining helps achieve and advance U.S. energy security and national security. （CoinDesk）

Odaily Planet Daily reported that encryption startup Bastion completed a US$25 million seed round of financing, led by a16z crypto, with participating investors including Nomura Group’s Laser Digital Ventures, Robot Ventures, Not Boring Capital, etc. It is reported that Bastion provides services such as cryptocurrency custody. (Bloomberg)

Jinse Finance reported that "Boring Ape" BAYC announced on the official social media that the HV-MTL Forge Rift will open on September 7, and shared the information needed to enter the "Rift", HV-MTL holders and their machines Armor should continue to "build power" and "build tiles" until they see the Rift Portal in the Forge, these extra powers will allow the player to enter the Rift and do additional lHV-MTL upgrades. HV-MTL holders and their mechs will travel through the Rift so they can participate in the Raid Boss Battle and earn APE rewards.

Glassnode Weekly Report: Bitcoin Volatility Index Reaches All-Time Low, Market Will Remain Sideways Bitcoin price volatility has dropped to all-time lows. The upper and lower Bollinger Bands are currently separated by only 2.9%, and such a gap has only occurred twice in history: in September 2016, at a price of $604; in January 2023, at a price of $16,800. Another lens through which to observe this volatility compression (investor exhaustion) is through the spending behavior of investors. For short-term holders, we can see that the sell-side risk ratio indicator is actually at an all-time low. This suggests that all investors looking to profit or lose in this price range have now done so and the market must act to spur new spending. The profit-to-loss ratio for short-term holders shows that profit-taking still dominates the group, but has fallen back to neutral in recent weeks. The ratio should remain above 1 if enough new demand flows in. However, if losses start to accelerate (break-to-loss ratios below 1), it could be a sign that stress within a top-heavy market is starting to show. If we turn to the group of long-term holders, we can also see that they are also in a profit-driven state, but the profit-to-loss ratio is still small, far from the previous bull market situation. Summarize Volatility in the digital asset space remains at historically low levels, with investors’ willingness to spend tokens on-chain at an all-time low. Conditions in the Bitcoin market remain similar to the aftermath of bear markets seen in previous cycles, with long-term high-conviction holders holding huge wealth. However, this low volatility brings apathy and exhaustion, which often leads to relatively weak demand inflows. The realized ceiling is climbing, but only slightly, suggesting that the future may still be a very boring, volatile, sideways market. In fact, most of the bitcoin market remains underwater and could create headwinds throughout the recovery.

Glassnode says the Bitcoin market has reached a stage of extreme apathy and exhaustion, with volatility metrics and several key on-chain metrics reaching all-time lows Amid an unprecedented drop in volatility in the Bitcoin (BTC) market, long-term holders have shown enthusiastic confidence in their asset. Meanwhile, “flow accounts” are responsible for only 2.56 million bitcoins (BTC) in circulation, the lowest level this market cycle. The supply of Bitcoin (BTC) long-term holders is regularly hitting new all-time highs, while the overall market enters a phase of “extreme apathy and exhaustion.” Today’s “Diamond Hands” hold 14,600,000 Bitcoin (BTC), the highest level ever for this metric. Tribes of short-term holders continue to capitulate. Their share fell to 2,560,000 Bitcoin (BTC), an absolute low for the fourth Bitcoin (BTC) cycle. This group of holders has been selling their Bitcoin (BTC) holdings since early April 2023. As a result, the overall sentiment in the Bitcoin (BTC) community remains strong, according to analysts: Overall, this suggests that confidence among Bitcoin investors remains very high and that few are willing to liquidate their holdings. At the same time, volatility fell to multi-year lows. In the past seven years, the Bollinger Bands have only turned lower once in January 2023. Ethereum’s (ETH) volatility metrics over different time periods follow the same pattern, and total transaction fees are also shrinking. Overall, investors are reluctant to move funds on-chain at this stage. However, we cannot say that the entire picture is dark. The realized market capitalization of Bitcoin (BTC) has been growing since January 2023, with capital slowly entering the network. The Glassnode experts aren’t surprised at all by this: Bitcoin (BTC) is simply behaving through “bearish market hangovers” like previous cycles. The Glassnode expert recalled that the realized cap is climbing, but by a small amount, indicating that the future may still be a very boring, volatile, sideways market. Additionally, the vast majority of holders are underwater at current prices, making the drop in volatility even more sensitive to market participants. (Data source: Vladislav Sopov)

According to a report from the Webmaster's House on August 14, British Deputy Prime Minister Oliver Dowden stated that artificial intelligence may have a greater impact on the UK than the Industrial Revolution. He believes that artificial intelligence will increase productivity and speed up government decision-making. Dowden said that artificial intelligence is developing rapidly, and it can draw information from large data sets to help people make decisions. Dowden emphasized that the development of artificial intelligence will lead to a major restructuring of the economy, but the government will ensure that artificial intelligence does not cause harm to humans. He likened the spread of artificial intelligence to the invention of the car, and believed that artificial intelligence can complete boring tasks and allow humans to focus on more interesting things. He also emphasized the need to recognize the risks in the development of artificial intelligence and take corresponding measures to solve them.

Jinse Finance reported that "Boring Ape" BAYC officially announced the end of the second season of HV-MTL Forge. The current game score ranking has been locked and is under review. A notification will be announced after the review is completed. In addition, BAYC also stated that the update of the third season has been completed, the shutdown maintenance has also ended, and the current HV-MTL Forge game has been re-launched.

Jinse Finance reported that about 7 months after announcing that he was suffering from congestive heart failure and decided to leave the "Boring Ape" BAYC project, Yuga Labs co-founder GordonGoner.eth suddenly appeared on social media and posted a message to the community to inform the community of his health status , he said that he is still trying to stay healthy, but wants to prove that he is still alive. In addition, he also announced that he will come back to participate in the 2023 ApeFest conference. According to previous news, Bored Ape Yacht Club (BAYC) will hold ApeFest in Hong Kong from November 3rd to 5th, 2023.

On August 9th, Bicycle Card, an American poker company holding BAYC#1227, announced that it will launch a limited edition Boring Ape BAYC playing card, and the delivery time is expected to be between December 23, 2023 and February 24, 2024. In addition, Bicycle Card will launch an exclusive version of the card Golden Banana Collection for the Bored Ape community (only for BAYC, MAYC, BACK holders). Bicycle Card is a poker brand that has existed in the United States for 135 years. It has launched joint cards with Harry Potter, Coca-Cola, Pepsi, Disney, Ford and other well-known companies.

According to PANews on August 5, according to Cointelegraph, the US Digital Chamber of Commerce (CDC) released a comprehensive "impact and analysis" report on the SEC's lawsuit against Ripple on August 1. The report scrutinizes the decision in the case, highlighting its far-reaching implications for the future of the crypto industry. Based on the CDC’s assessment, Judge Analisa Torres’ ruling sets an important precedent in the digital currency space. It distinguishes between investment contracts and underlying assets and represents a groundbreaking development in cryptocurrency regulation. The CDC is pleased with the ruling, which is in line with their position set out in their amicus brief in favor of Ripple. CDC founder and CEO Perianne Boring emphasized the importance of the ruling in setting a precedent for future legal encounters with the crypto industry.

Jinse Finance reported that Daniel Alegre, CEO of Yuga Labs, announced on social media that the tickets for the Hong Kong Apefest conference have been sold out. According to the information released by "Boring Ape" BAYC, the application for the waiting list for the current Hong Kong Apefest conference has been developed, and users can submit applications for Get notified when relevant information is available.

PANews, July 31, according to PR Newswire, Yuga Labs, the parent company of leading NFT projects such as "Boring Ape" BAYC and CryptoPunks, announced the acquisition of immersive media experience developer Roar Studios. The specific acquisition amount has not yet been disclosed. Roar Studios mainly builds a metaverse virtual world based on games, social media, and AI, which can integrate MMO games and platform systems. It is reported that after the completion of the acquisition, Eric Reid, the founder and CEO of Roar Studios, will join Yuga Labs as the general manager of its metaverse game Otherside.  

Jinse Finance reported that "Boring Ape" BAYC officially announced that HV-MTL Forge has launched the Game Pass game pass. Players need to force refresh and reload the game session to unlock the Game Pass tab. 1500 sets of equipment are provided, which can be used within 7 days Claim a set of Powerups and power-up packs each day. Additionally, HV-MTL Forge has also completed a search optimization function that supports searching by mech ID and displays the AMP type attached to a specific HV.

Jinse Finance reported that the "Boring Ape" BAYC official tweet announced that the HV-MTL Forge game has completed the necessary maintenance in the early hours of this morning, and the game has been re-launched. In addition, the game has also launched BAYC/MAYC/BAKC exclusive products, and the AMP reward review has also been completed. Finish.