Game Launch

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

The stablecoin ecosystem is undergoing a transformation, shifting the dominance from issuance to distributors. Currently, 31% of the volume comes from Bots operations, and 99% of Wallet balances are below $10,000, indicating wealth concentration and "false prosperity." Future development needs to emphasize Programmability features and real applications. With increasing regulation and user-friendly applications, rapid rise is expected.

The Hong Kong financial regulators announced that new regulations for stablecoins will come into effect in 2025, implementing a licensing system to enhance market Liquidity. This move will strengthen Hong Kong's competitiveness as a financial center while demonstrating its foresight in the regulation of digital assets.

Recently, the price movement of Ethereum (ETH) has shown typical range oscillation characteristics. From a technical analysis perspective, there is currently no clear trend, and the external environment lacks clear guidance. Although some technical indicators such as the evening star pattern and volume-price divergence suggest downward pressure, the intertwining of moving averages and the narrowing of the Bollinger Bands indicate that market momentum is weakening, and sentiment is stabilizing. Taken together, these signs still point to an overall oscillating market pattern. In this case, investors may consider establishing long positions in the area around $3500-$3550, with target price levels set in the range of $3670-$3700. However, it is important to note that risk management is particularly crucial in a market without a clear trend. Meanwhile, other aspects of the cryptocurrency market are also worth paying attention to. For example, Hong Kong recently introduced new regulations for stablecoins, which could have an impact on the entire crypto ecosystem. Additionally, the IPO season for crypto-related stocks is underway, which may bring new momentum to the market. It is worth mentioning that Solana's futures trading volume has reached a new high, indicating that investor interest in certain altcoins is on the rise. Overall, in the current market environment lacking a clear direction, investors need to remain vigilant and closely monitor various market signals and macro events in order to adjust their investment strategies in a timely manner.

The innovation of Crypto Assets is changing the financial landscape. Crypto Assets are no longer just a topic for speculation and discussion; they are profoundly changing the financial sector. Although early Crypto Assets were often seen as speculative tools or instruments for crime, recent developments indicate that this field is welcoming substantial innovation. On July 18, a bill regarding stablecoins was signed into law, providing a regulatory framework for this emerging field. Stablecoins are crypto assets that are typically pegged to traditional assets such as the US dollar (. With the clarification of regulations, this industry is thriving, attracting participation from numerous Wall Street institutions. At the same time, "tokenization" is also on the rise, with trading volumes of on-chain assets growing rapidly, covering a variety of asset types including stocks, money market funds, and even private equity and debt. For this transformation, industry insiders and regulators hold different views. Some believe that this technology could become part of the global financial system.