ForesightNews

> Communities are born from legends and perish because of them, and the existence of legends depends on those legendary creators who bear the heavy responsibility of promoting their development.

Written by: Bryan Daugherty
Compiled by: Block unicorn

Legends are stories, symbols, and collective memories that are owned by a community, tightly connecting its members. Legends cannot be bought; to ensure that a legend endures, there must be a community fully committed to its evolution. The most powerful legends are public invitations extended to the community, inviting them to co-create their mission and destiny, while the nameless heroes safeguarding all of this are the builders of the legend. Their motivations vary; some do it "for fun," while others are driven by a strong sense of mission deep within. Regardless of the reasons, what unites all legend builders is that they regard the legends they create as a transcendence of themselves.

The distinction between payment-type and yield-type stablecoins helps to enhance user experience, regulatory clarity, and application convenience. This simple framework can guide market development, improve Risk Management, and promote financial market accessibility. Regulators are also gradually accepting this classification, laying the groundwork for distinguishing risk characteristics. In the future, this framework may further evolve based on market maturity and regulatory needs.

> Antalpha is a financial solutions provider in the Bitcoin mining sector, however, it has disclosed in its prospectus a close relationship with mining giant Bitmain.

Written by: Frank, PANews

Recently, a fintech company named Antalpha submitted a prospectus to Nasdaq, planning to go public with the code "ANTA". Antalpha is a financial solutions provider in the Bitcoin mining sector; however, the close ties disclosed in its prospectus with mining giant Bitmain, as well as the intricate connections with Bitmain's co-founder Jihan Wu, make this IPO full of implications worth exploring. Beyond the surface of a fintech company's listing, is it also a crucial step in the expansion of Bitmain's financial landscape?


The "financial loss" behind Bitcoin mining

> TradFi and Crpto are accelerating their integration.

Written by: 1912212.eth, Foresight News

On the morning of May 7, Twitter user FORAB revealed that Futu Securities is testing a token recharge feature, supporting Bitcoin, Ethereum, and USDT. Just a few hours later, it was officially confirmed. Hong Kong fintech giant Futu Securities International (Hong Kong) Limited (hereinafter referred to as "Futu Securities") announced that its core trading platform, Futu NiuNiu, has officially launched BTC, ETH, and USDT recharge services. Qualified investors can complete token deposits and trade cryptocurrencies through the one-stop trading platform Futu NiuNiu, allowing them to invest in more asset classes or withdraw funds.



The Hong Kong VATP license was approved this January.

Futu Holdings Limited

> Still waters run deep; a great change is coming. How will stablecoins enter the realm of geopolitical trade?

Written by: Tiger Research

This report, written by Tiger Research, analyzes how stablecoins are changing global trade outside of sanctions, their increasingly important role as legitimate financial infrastructure, and the adoption of these by countries such as Russia and China.

Summary of Key Points

Russia's use of stablecoins in oil trade indicates that stablecoins are no longer a fringe tool—they have become a real financial infrastructure in high-risk cross-border commerce.
Although China and India have restrictions on domestic cryptocurrencies, they benefit from trading stablecoins with Russia, quietly experiencing the efficiency of decentralized finance at the national level.
Governments around the world are responding in different ways, but all acknowledge that stablecoins are reshaping the cross-border flow of value.

Bitcoin still holds a dominant position, and altcoins may find it difficult to recover. Memecoins are popular, and altcoins need to face the pressure of unlocking funds. Investment needs to be more cautious, focusing on fundamentals and liquidity. Bitcoin remains the first choice, but a small allocation to altcoins may be considered. Pay attention to indicator selection for investment targets, as the Crypto Assets market is maturing, and stablecoins, among others, are also highly regarded.

> After acquiring Bridge for 1.1 billion dollars, Stripe has launched a new initiative targeting emerging markets with stablecoin financial accounts.

Written by: KarenZ, Foresight News

After spending $1.1 billion to acquire the stablecoin payment platform Bridge in October 2024, Stripe officially announced the launch of stablecoin financial accounts on May 8, aiming to provide global enterprises with more efficient and convenient cross-border payment and fund management solutions, further solidifying its position as a leader in the global fintech space.

So, what stablecoins does Stripe's stablecoin financial account actually support? What is the composition of its underlying assets? Which countries or regions does its business cover? From the early exploration of Bitcoin payments to today's stablecoin strategy, Stripe is involved in the cryptocurrency industry.

Union is a cross-chain interoperability project based on ZK technology, which has significant differences and advantages compared to existing projects. It achieves efficient and secure cross-chain consensus verification through ZK technology, boasting extensive ecological coverage and second-level transaction confirmations. It also performs prominently within the Bitcoin ecosystem, attracting numerous top-tier institutional investments and strategic partnerships, demonstrating a rapidly developing trend. Union is expected to become a pioneer of cross-chain interoperability 2.0, but its success still needs to be validated by Mainnet performance and ecological development.

Bitcoin breaks through $99,000, with multiple factors in the market influencing the overall rise of Crypto Assets. ETF funds continue to flow in, The Federal Reserve (FED) is in a wait-and-see policy stance, and geopolitical conflicts are intensifying. Institutional funds and corporate accumulation have a positive impact on the market. The technical outlook suggests that Bitcoin may challenge the $100,000 mark. Demand for stablecoins is increasing, but the market remains cautious of high Fluctuation and regulatory uncertainties. In the future, the $100,000 mark may become a watershed for the market.

> Bitcoin as a consensus does not necessarily rely on a single dominant client software.

Written by: Liu Jiaolian

Recently, a proposal to remove the size limit for additional data carried by OP\_RETURN in the Bitcoin Core client has caused a stir in the industry. Typical proponents like developer Peter Todd have submitted it repeatedly.