5 must-reads in the evening | Is GameFi another crypto scam?

1. Golden Observation | Why did BTC break below $36,000 after erasing the rebound gains after the Fed meeting?

BTC made a brief rally on Wednesday following the Fed rate hike announcement. However, the cryptocurrency's "rebound gains" after the current Fed meeting have been wiped out after the price of Bitcoin suddenly fell below $36,000 on Thursday afternoon, which subsequently led to a decline in the entire crypto market. click to read

2. To seize the opportunity of Web3, Silicon Valley talents are busy job-hopping

"Give you a ticket to board Web 3, will you go with them?" A few years ago, finding a job in Silicon Valley companies such as Google and Meta seemed to be at the top of the career pyramid. In the eyes of outsiders, rich gold, decent, high knowledge... many halos all in one. However, things are starting to change now. While the Silicon Valley giants are still a sweet spot, jobs in another area are becoming more fragrant-Web 3. click to read

3. Forbes: Is GameFi another crypto scam?

Since the decline of the ICO market around 2017 and the cooling-off period of cryptocurrency hype for about two years, the Crypto investment community has ushered in a moment of recovery. Developers and technology entrepreneurs create new industries designed to interest investors. If the ICO market is dead, a whole new risky asset class must be created for the Crypto market to transcend the boundaries of a few blockchain platforms like BTC and ETH . Decentralized finance and staking markets are one, new blockchain protocols are another. And over the past few years, GameFi has emerged as the newest category in the crypto economy. click to read

4. Comparing multi-dimensional data on the chain, who wins the stablecoin war?

The stablecoin track in the encryption industry is very risky, with a potential market size of trillions of dollars, and as a form of currency, these stablecoin assets benefit from the huge network effects brought about by liquidity, and early winners can be easily established leader position. And now the competition is getting fiercer, with every project wanting to be the reserve stablecoin of the multi-trillion dollar crypto economy, which of course begs the question: who is winning the stablecoin war? Which are growing the fastest? Which are the most liquid and are used for various use cases on-chain? click to read

5. What are the opportunities for ordinary investors with the merger of Ethereum ?

For the past few weeks, we've been talking about "merging". The merger of ETH2.0 is an important milestone upgrade for Ethereum, from PoW to PoS. Clearly this is the biggest thing happening in the crypto world this year and it cannot be emphasized enough. How will you seize this upward opportunity? click to read