Hong Kong China July S&P Global Manufacturing PMI

From April 25 to May 12, the Crypto Assets market performed strongly, with ETH rising over 60%, significantly higher than BTC. Analysis shows that market sentiment is increasingly divergent, while the 'Moving Average Convergence Strategy' achieved an annualized return of 127% on ETH, significantly outperforming the holding strategy, demonstrating good trend capture and risk control capabilities.

Blockstream is an important player in the Bitcoin industry, having completed a $210 million financing and the acquisition of Spondoolies, with business covering Bitcoin sidechains, Mining, and Financial Service. The company advocates using second-layer networks to solve congestion issues; however, its influence has sparked some controversy, especially between the Bitcoin and Ethereum communities. Nevertheless, Blockstream's contribution to the Bitcoin ecosystem should not be underestimated.

The rapid development of AI technology is influencing global markets, especially the Crypto Assets market. The success of China's AI large model DeepSeek has triggered market panic, leading to a significant pullback in US stocks and Crypto Assets. Its low-cost, high-efficiency development model challenges traditional AI perceptions and may reshape industry directions. Although short-term fluctuations are significant, in the long run, it may drive innovation in AI technology and the prosperity of the ecosystem.

The Polkadot ecosystem welcomes the JAM upgrade, proposed by Gavin Wood, aimed at achieving a modular and universal protocol architecture. Core developer Daniel Cukier emphasized that this project is not just a technological advancement but also a platform for fostering creativity and artistic expression,期待重新塑造Blockchain innovation landscape.

Initia is a Web3-oriented full-chain Rollup ecosystem designed to integrate the advantages of multiple public chains and provide a user-friendly Blockchain application experience. Its core team is experienced, and it has currently launched a Testnet and secured multiple rounds of financing. Through modular design and multifunctional product tools, Initia aims to reshape the Blockchain landscape and drop the user usage threshold.