1. Consensys Journey of Glory: From ETH Ecosystem Builder to Upcoming IPO

On October 29, 2025, according to Axios, Consensys plans to go public and has selected JPMorgan and Goldman Sachs as the lead underwriters for its initial public offering (IPO). This listing will become one of the most significant public offerings to date for a company involved in Ethereum infrastructure development. Click to read.

2. The Federal Reserve cuts interest rates by 25 basis points, Powell's unexpected “hawkish” stance raises concerns. How will the market move?

On October 30, the Federal Reserve's latest decision lowered the benchmark interest rate by 25 basis points to 3.75%-4.00%, in line with market expectations. However, the FOMC statement from the Federal Reserve indicated that this interest rate decision faced a rare situation of “hawkish-dovish dual flight.” Subsequently, Powell unexpectedly made a somewhat “hawkish” statement at the press conference, lowering expectations for whether the Federal Reserve could continue to cut interest rates in December, raising concerns in the market. After the announcement of the Federal Reserve's interest rate decision, major global markets reacted strongly, with US stocks, US bonds, gold, and cryptocurrencies all experiencing sharp declines at one point, while the US dollar surged. Click to read.

3.x402 is great, but what problems are being covered up?

In 1994, Marc Andreessen made a significant mistake, which he later admitted: Netscape failed to embed payment functionality into its browser. Due to regulatory risks and the conservative attitude of financial institutions, the collaboration between Netscape and Visa, as well as between Microsoft and MasterCard, ultimately fell through. This led to the internet's default business model being dominated by an advertising surveillance system for thirty years—a trillion-dollar industry built on comprehensive behavioral tracking rather than direct value exchange. Click to read.

4. Bitwise: A Dual Bet on Investing in Solana

The best cryptocurrency investments can offer two paths to profit. My favorite cryptocurrency investments allow me to gain dual profit opportunities. Take Bitcoin as an example. When I buy Bitcoin, I am actually making two bets: 1 The global “store of value” market size will continue to expand. 2 Bitcoin's market share in this sector will keep increasing. Click to read.

5. Why did the crypto market still crash after the interest rate cut?

In the past few days, many friends in the cryptocurrency circle have had the same question: “Isn't it said that interest rate cuts are beneficial for risk assets? Why did the cryptocurrency market crash instead?” Last night, when the Federal Reserve announced the interest rate cut, many crypto enthusiasts rushed into the market at first opportunity, directly leveraging 10 or even 100 times, but when they woke up in the morning, they found themselves liquidated, returning to square one overnight. In fact, this scenario plays out in every cycle. While interest rate cuts seem beneficial, the underlying logic is not that simple. Click to read.