fundraising-project-date

The attitude of U.S. financial regulators is gradually shifting, and the FDIC may no longer consider "reputational risk" as a factor in bank regulation, which brings new opportunities for the encryption industry and promotes its collaboration with banks. However, the industry must improve its Compliance and other aspects to better integrate into the mainstream financial system.

The NFT craze is sweeping the encryption world, and Blockchain technology is experiencing breakthrough development. In recent years, there have always been some hot topics in the blockchain field leading the industry development. The year 2017 was the starting year for ICOs, bringing an astonishing bull market; in 2019, IEOs became the new favorite of exchanges, driving up token prices; in 2020, DeFi and liquidity mining sparked a new wave of investment enthusiasm. And in 2021, it undoubtedly became the breakout year for NFTs. The popularity of NFTs is astonishing. A limited edition pair of socks originally priced at $12 was speculated to $160,000 within two years; a meme of the rainbow cat from ten years ago was made into an NFT and sold for a high price of $580,000; an NFT of NBA star LeBron James' dunk video was sold for $208,000, setting a new historical record. Even more remarkable is that the auction price of the first tweet by the founder of Twitter once surged to $2.5 million. According to the data platform

Pi Network is a new type of crypto assets project based on mobile devices, allowing users to mine on their phones, dropping the participation threshold. Despite being controversial since its establishment in 2019, the project recently launched its Mainnet and started trading. The supply of Pi coins is controlled, but it may face inflationary pressure in the long term. The user base and market demand still need to be enhanced, and future value depends on supply and demand as well as application implementation.

The Bitcoin market is currently at a critical moment, with two potential trends in the future. First, we might see a rebound in the short term. However, if the price fails to break through the key resistance level of $117,500 to $118,400, the market may face further pullbacks. This pullback may present in two forms: one scenario is that the Bitcoin price may fall back to around $112,000 today. Another more severe scenario is that if the price breaks below the key support level of $112,000, we may see it drop further to around $105,000. The current market environment is filled with uncertainty, and investors should closely monitor these key price levels and adjust their investment strategies in a timely manner according to market changes. It is worth noting that although there may be fluctuations in the short term, in the long run, Bitcoin, as an emerging asset class, still has tremendous growth potential. When making decisions, investors should also consider broader market factors such as the global economic situation, changes in the regulatory environment, and the level of participation by institutional investors. Keeping a close eye on these factors can help better understand and predict the trends in Bitcoin prices.

In the current winter of the Web3 industry, developers seem to be in an isolated and helpless predicament. However, it is precisely in such difficult times that true innovators and perseverers can stand out. Despite the challenging external environment, there is still a group of indomitable developers quietly working hard, building the future's Decentralization world with code. They know deeply that only by continuously 'building' in adversity can they prepare for the spring of Web3. This spirit of perseverance is like a ray of warm sunshine in the cold winter, injecting hope and vitality into the entire industry. Let us applaud these developers who work silently; their persistence will ultimately welcome the thriving development of Web3.