The article discusses the impact of the Fed's interest rate cut policy on the financial markets and the prospects for a Bitcoin bull run. Powell's policy shift is seen as an attempt to stimulate the economy, but it may pose risks due to the appreciation of the yen. The global Central Bank's reduction of funding costs and improvement in liquidity is favorable for Crypto Assets holders. However, in the context of coexistence of inflation and economic growth, a rate cut may accelerate money printing, further driving up the prices of limited supply assets like Bitcoin.

[Block Rhythm] On August 2, U.S. President Trump posted on social media: "Based on the highly provocative remarks made by former Russian President and current Deputy Chairman of the Security Council of the Russian Federation Medvedev, I have ordered the deployment of two nuclear submarines to the relevant regions to prevent these foolish and incendiary remarks from being just talk. Words are very important and often lead to unexpected consequences, and I hope this will not become one of those situations."
After that, Trump added this morning at 8 o'clock Beijing time that the nuclear submarine is closer to Russia.

The Next Revolution of Artificial Intelligence: From Computing Power Competition to Data Infrastructure
As the scale of artificial intelligence (AI) model parameters breaks through trillions and computing power is measured in hundreds of quintillions of operations per second (FLOPS), a core bottleneck that has been overlooked is coming to light - data. The next revolution in the AI industry will no longer be driven by model architecture or chip Computing Power, but rather by how we transform fragmented human behavioral data into verifiable, structured, and AI-ready capital. This insight not only reveals the structural contradictions in current AI development but also outlines a new "DataFi era" - in this era, data is no longer a byproduct of technology, but a core production factor that is measurable, tradable, and value-added, just like electricity and Computing Power.
Structural contradictions in the AI industry: from Computing Power competition to data famine
The development of AI has long been driven by the "model-computing power" dual core. The deep learning revolution.

Regulatory policies have been introduced in places like Beijing to warn about the risks of virtual money, while the Central Bank of Korea and the European Central Bank are advancing their digital money initiatives. Several exchanges have shut down, and the industry is actively raising funds, totaling over 11.6 million dollars, covering multiple sectors.

In 2023, the Bitcoin ecosystem is thriving, with the boom of inscriptions and NFTs driving innovation. Projects like Bounce, Uniswap, and Magic Eden are actively expanding, combining Decentralization with payment functionalities. Inscriptions technology is extending across multiple chains, bringing new opportunities and risks. Meanwhile, institutional investments are helping Bitcoin prices rise, and the ecosystem's diversification is continuously deepening.

The COVID-19 pandemic has had a short-term negative impact on the Blockchain industry, primarily reflected in delays in work progress and increased costs. Although there are not many anti-epidemic applications, the industry faces new opportunities, such as public warning systems and material traceability. Future development trends will include accelerating the digital transformation of industries and technological integration, with regulatory frameworks becoming more完善.

Data shows that the Web3 user base is continuously rising, and the infrastructure is gradually improving, but the industry still faces challenges. The core value of Blockchain lies in its composability and unified database, with immense potential for data mining. Entrepreneurs should follow real needs and avoid blindly following trends, while investors need to provide value-added services to help projects develop.

The risk management of Perptual Futures relies on three main pillars: liquidation, risk assurance funds, and automatic reduce position mechanisms, to cope with the potential risks brought by high leverage. Traders should clearly recognize the importance of risk management, as the ultimate responsibility lies with themselves.

Exploration of "Regulatory Sandbox" Practices in the Crypto Assets Field
The concept of "Regulatory Sandbox" originated from the UK government in 2015, aimed at providing a relatively relaxed environment for fintech companies to test innovative products and services. This model has since been adopted by multiple countries around the world for regulatory innovation in the field of Crypto Assets and virtual finance.
In China, excluding Hong Kong, places such as Ganzhou in Jiangxi, Taizhou in Shandong, Hangzhou in Zhejiang, and Guangzhou and Shenzhen have also begun exploring the "Regulatory Sandbox". Among them, the practices in Hong Kong and Ganzhou are the most representative.
In July 2017, Ganzhou City in Jiangxi Province launched the Blockchain Financial Industry Regulatory Sandbox, which is the first government-led Blockchain "Regulatory Sandbox" in mainland China. The park encourages blockchain technology innovation and financial application innovation enterprises to settle in and provides policy support. Currently, the park has established a 25,000 square meter industrial base and has formulated a series of related policies.
November 2018,