ETF expert Eric Balchunas argued Bitcoin's 17-year track record and multiple recoveries make tulip mania comparisons obsolete despite recent criticism. source: https://cointelegraph.com/news/bitcoin-buries-the-tulip-myth-after-17-years-of-proven-resilience-balchunas?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

JPMorgan CEO Jamie Dimon warned that Europe’s economic weakness poses a direct risk to US stability. source: https://www.cryptopolitan.com/jpmorgan-ceo-warns-of-weak-europe/

According to ChainCatcher, NVIDIA CEO Jensen Huang recently stated that Bitcoin is transforming excess energy into a new form of currency that can be easily transported and carried anywhere.

BitMine bought $199 million worth of ETH in two days, bringing its total holdings to about $11. 3 billion, or 3. 08% of all Ether. source: https://www.cryptopolitan.com/bitmine-nears-5-ether-supply-target/

According to ChainCatcher, while quantum computers pose a long-term threat to cryptography, the actual risk is often exaggerated. A report indicates that the likelihood of 'cryptography-relevant quantum computers' capable of breaking modern encryption systems emerging before 2030 is very low. Venture capital firm a16z recommends the immediate deployment of hybrid encryption schemes to counter 'harvest now, decrypt later' (HNDL) attacks. However, it suggests that blockchain technology does not need to rush into adopting post-quantum signature technology, as digital signatures are not affected by HNDL attacks. Bitcoin faces unique challenges due to its slow governance mechanisms and the potential abandonment of quantum-vulnerable coins, necessitating early planning for migration paths. Privacy chains, which encrypt transaction data, have a more urgent need for post-quantum protection. The report emphasizes that current security implementations and vulnerabilities are more pressing threats than the distant risks posed by quantum computing. It outlines seven specific recommendations to help the industry address quantum challenges.

According to PANews, analyst @TXMCtrades shared insights on the X platform, indicating that Bitcoin's activity indicators are on the rise, suggesting the current market cycle may not be over. Activity is defined as the sum of all lifecycle spending and holding activities on the blockchain. When tokens are actively traded, activity increases; when tokens are held, activity decreases, adjusted by the token issuance time. In a bull market, activity typically rises as supply changes hands at higher prices, signaling new capital inflow. As demand weakens, momentum slows, and the indicator declines. It serves as a simplified measure akin to a long-term moving average of on-chain activity. Despite declining prices, the activity in this cycle continues to rise, indicating a foundational demand for spot Bitcoin that is not reflected in price movements. Although activity generally lags behind price trends and is not a direct market signal, its momentum remains positive from this perspective. Large entities are taking action in the market, though their identities remain unknown.

According to BlockBeats, a16z highlighted two significant challenges facing Bitcoin in its latest article on quantum attacks. The first issue is governance efficiency, as Bitcoin's upgrade process is notably slow. If the community fails to reach consensus on solutions, contentious topics could lead to disruptive hard forks. The second challenge is the proactive migration issue, where transitioning Bitcoin to quantum-resistant signatures cannot occur passively; holders must actively migrate their assets. This situation implies that a substantial amount of dormant Bitcoin, vulnerable to quantum attacks, will lose protection. It is estimated that millions of Bitcoin susceptible to quantum attacks could be abandoned, with a current market value reaching several hundred billion dollars.

Fusaka, ETH: Towards a New Scale - Golden Finance provides an in-depth analysis of the Ethereum Fusaka upgrade and its impact.

The joint risk warning from seven associations not only shuts down RWA in the present, but may also stifle the unlimited imagination for the future of asset tokenization in China.

Stablecoin trading volumes are approaching those of Visa and PayPal, Web3 is "invisibly" entering daily life, and the future Layer 1 will no longer be a "world computer" but a "world database," providing a trusted shared data source for millions of applications.

The public should enhance their risk awareness, protect their own money, refrain from participating in virtual currency-related activities, be wary of false advertising promising high returns, and refuse to click on links and QR codes of overseas trading platforms.

Artificial intelligence, x402 protocol, payment, x402 has made new progress: expanding from AI payment to robot payment. Jinse Finance, the x402 payment ecosystem has great potential, and we can continue to pay attention.

Fate will deal you the same cards until you find a better solution. If you feel you're not making money, it means your understanding is out of sync with the laws of the world. If you feel pain, such as emotional confusion, it means you haven't found the optimal solution.

Ethereum's move from Proof-of-Work (PoW) to Proof-of-Stake (PoS) avoids the energy competition for AI, and low-power nodes lay the foundation for the virtual world, making this consensus transformation timely.

Jinse Finance launches its 2900th issue of "Jinse Morning 8," a daily news report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on digital currencies and the blockchain industry.

Web3 wallets will develop in five key directions in the future, among which integration with AI agents is considered to have the greatest potential.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.