1. Comprehensively explore the Bitcoin L2 ecosystem and projects

The concept of “Bitcoin Layers” introduced in 2018 represents a key shift in Bitcoin’s development, solving its scalability challenges. Historically, various efforts to enhance Bitcoin L1 have had a common goal: facilitating off-chain transactions to increase the scalability of the network. These efforts are underpinned by the secure settlement layer provided by L1. The Bitcoin layer has become a suite of solutions spanning L2, L3, data and application layers, etc., drawing insights from Ethereum’s layered architecture. These innovations reflect the network’s adaptive response to its inherent limitations, demonstrating a path toward a more robust and versatile blockchain infrastructure. Click to read

2. Multicoin Partners: Understand the GPU Internet io.net

On March 6, 2024, Solana ecological DePIN protocol io.net announced the completion of US$30 million in Series A financing. io.net said it will use the funds raised to build the world's largest decentralized GPU network and solve the AI ​​computing shortage problem, with Multicoin Capital participating in the investment. Multicoin Capital partner Shayon Sengupta wrote about why he invested in io.net. Click to read

3.Bankless: 8 things you should pay attention to Bitcoin L2

With Bitcoin hitting new all-time highs, now is the time to take a closer look at what could help reignite interest in the asset One of the investment narratives: Bitcoin L2.

Bitcoin is the oldest blockchain and certainly the most proven cryptocurrency. Is this the biggest drawback? Transactions are slow and expensive, especially during periods of high trading activity. The Lightning Network, a payment channel protocol in the Bitcoin scaling scenario, is a serious and interesting endeavor but has so far failed to achieve breakthrough traction due to user experience and liquidity issues. Click to read

4. This round of crypto bull market and the previous cycle What is the difference?

Many people are asking the same question: "Is this cycle happening too fast? Does that mean it Will it be shorter?"

Frankly, this question resonates with me. The 2018-2020 bear market was much worse than this. It lasted almost a full year and the disillusionment was 10 times worse. The entire industry is in jeopardy, and every day the bear market drags on, the situation will get worse. Click to read

5.Grayscale: Bitcoin price hits record high Analysis of the reasons

On Tuesday, the price of Bitcoin reached an intraday high of $69,325[1], exceeding the price on November 10, 2021 since the previous high of $69,000 in USD terms (Chart 1). A few weeks ago, Bitcoin had already hit all-time highs in terms of other major currencies such as the euro, yen, and yuan. Since hitting a cycle low of $15,600 on November 21, 2022, Bitcoin’s price has increased by approximately 330% in U.S. dollar terms. Additionally, as the number of coins in circulation gradually increases over time, Bitcoin’s market capitalization has increased slightly (+340%) during the same period (November 21, 2022 to present). Click to read