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The BTC price is fluctuating downward. What will the future trend of Web3 market be? | TrendX Research Institute After experiencing a period of sluggishness in the first two months, the cryptocurrency market failed to rebound as expected in July and instead encountered greater setbacks. Negative factors such as the German government's sell-off and the Mt.Gox compensation plan have intensified investors' concerns, leading to a sharp decline in Bitcoin prices and dragging down the entire cryptocurrency market. Despite the heavy blow to the market, some positive factors like large-scale repayment plans, rising expectations of interest rate cuts, and the results of the U.S. elections have led many to hope for a potential turnaround in the market in the fourth quarter of 2024. The main adverse factors in the current market Mt. Gox compensation triggers market turmoil: Bitcoin price plummets The compensation issue of the Mt. Gox incident has attracted significant attention from the market. The potential selling pressure of over 280,000 cryptocurrencies triggered market panic on June 24, leading to a situation where...

Laika AI is a browser extension that provides various functions for Web3 users, equipped with a visual Wallet, AI chat Bots, and other features. Although the team has a strong technical background, the project is still in its early stages and carries uncertainties, so investors need to follow the related risks.

The article explores the integration of decentralized social and gaming, pointing out the shortcomings of centralized platforms, and emphasizes the importance of blockchain technology in granting users data sovereignty. Through various models, such as the GameID platform and NFT-based games, it demonstrates the innovative combination of social and gaming, looking forward to promoting the development of Web3.

Texas has passed SB 21, becoming the first state to establish an independent Bitcoin reserve fund with a budget of $10 million for purchasing Bitcoin. The fund will be managed by the state comptroller and aims to enhance fiscal resilience against inflation and economic fluctuations, ensuring that the funds are not affected by fiscal clearing mechanisms. The bill also aids in exploring financial sovereignty and allows for the selection of custodians through bidding.