1. After Circle went public, which other crypto companies are preparing for IPOs? Why are they clustering to go public?

Circle went public on June 5 on the New York Stock Exchange. Stock code CRCL, the stock price soared more than 160% on the first day, reaching a market capitalization of $21.5 billion. This indicates strong market confidence in Circle, especially regarding its USDC stablecoin's market position. Since then, Circle's stock price has continued to rise and is now above $240. Click to read

2. The impact of dollar stablecoins: How will China respond?

In June 2025, what was a hot topic in both China and the U.S.? It was undoubtedly stablecoins. On June 6, 2025, the Hong Kong government published an announcement stating that the Hong Kong (Stablecoin Regulation) will come into effect on August 1, 2025. Click to read

3. The flames of war between Iran and Israel have reached the cryptocurrency market

As the two most important powers in the Middle East, the conflict between Iran and Israel not only means that the surface peace in the Middle East has been abruptly shattered, leading to escalating chaos, but also further stirred up global waves. From the current perspective, this war triggered by nuclear issues has not only dragged Iran and Israel into a deep conflict, forcing proxy wars to turn into direct confrontations, but has also prompted the U.S. to intervene rapidly, and the situation is gradually escalating. Click to read

4. Why is Ethereum destined to be positioned as the "world ledger"?

Many people view @VitalikButerin's emphasis on Ethereum as the "world ledger" as a new strategic adjustment, but in fact, this transformation was already completed at the moment EIP-1559 went live. The 50% monopoly share of stablecoins on Ethereum only reinforces Ethereum's positioning as a financial settlement layer. Click to read

5. a16z: 5 charts to understand the current state of the cryptocurrency industry

The development of the cryptocurrency industry is becoming increasingly mature. At the end of last year, we proposed 5 indicators to closely monitor in 2025 to track the industry's sustained growth and development. Click to read