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In November 2025, the total cryptocurrency market capitalization trended downward overall, as weak buying momentum, rising macroeconomic uncertainty, and cooling risk appetite jointly constrained any meaningful rebound. Stablecoin market capitalization across public blockchains remained highly concentrated, with Ethereum accounting for more than half of the total; fund flows pointed to increasing sectoral divergence, as chains such as Arbitrum and Starknet recorded notable net inflows. Meanwhile, the prediction market continued to expand rapidly, with Opinion’s monthly trading volume surging and quickly emerging as a third major player competing with Polymarket and Kalshi. The Web3 industry completed 53 financing deals totaling $2.67 billion, a sharp decline from October, signaling a phase of contraction and structural tightening.

The author revisits Nick Szabo's pocket and general-purpose computer concepts, critically examines Ethereum's shift from decentralization—represented by Proof of Work individual nodes—to bureaucratic intermediaries under Proof of Stake following The DAO rollback, and predicts that stablecoins will replace ETH as the primary vehicle for value capture. This transition is expected to leave stablecoins caught between competing interests, while power increasingly shifts back to Layer 2 solutions.

The article highlights a trend where institutional capital is reallocating from mainstream assets to top-tier altcoins.

ICOs have once again become a focal point of the crypto market, but projects that truly generate profits are always few and far between. This article systematically explains how to identify high-risk ICOs and avoid becoming exit liquidity in the next wave of hype, analyzing seven key dimensions: product, team, valuation, data authenticity, marketing capabilities, token terms, and overall market conditions.

Trading volumes in South Korea's crypto market have declined sharply, and the kimchi premium has vanished. Does this mark the end of the current cycle? This article offers a comprehensive analysis of regulatory developments, capital controls, and institutional movements, uncovering the structural reset taking place in the Korean market. It also explores how stablecoins, ETFs, and the integration of Web2 and Web3 technologies could fuel the next phase of growth.

As the crypto industry faces burnout, speculative bubbles, and widespread self-doubt, this article starts from the authentic fatigue experienced by professionals and reflects on Bitcoin’s original purpose and the real-world impact of cryptographic technology. It does not argue for any specific project, narrative, or price movement. Rather, it seeks to answer a deeper question: Amid uncertainty and disruption, why do we continue to trust in crypto?

The article combines technical depth with commercial foresight, covering the KYA identity framework, staking-based media trust mechanisms, and how regulatory legislation can unlock blockchain’s full potential—offering a highly actionable industry blueprint for developers, investors, and policymakers.

This article provides a comprehensive overview of Hong Kong's adoption of the Crypto-Asset Reporting Framework (CARF), including its background, evolution, and potential impact. It examines how CARF integrates with established tax transparency systems like CRS and FATCA. Additionally, the article analyzes the anticipated changes and strategic responses for four key groups: trading platforms, custodians, individual investors, and traditional financial intermediaries.

x402 V2 has transitioned from a per-use billing tool to a scalable internet economic layer. The latest update delivers a unified payment interface, reusable sessions, cross-chain and traditional payment compatibility, a modular plugin architecture, and an automatic discovery mechanism. These improvements dramatically lower integration and payment costs for APIs, AI agents, and multi-chain applications. This article offers a comprehensive analysis of V2’s core innovations and their far-reaching effects on users, developers, and AI agents.

Drawing on the expert perspective of Polygon Labs executive Aishwary Gupta, this article examines how institutional capital inflows are fueled by advancing infrastructure, compliance demands, and yield-driven factors. It showcases how cutting-edge solutions like tokenized government bonds and on-chain staking are enticing large asset management companies to participate.

The article provides an in-depth analysis of several key directions, including user experience–centric customized blockchain design, DeFi intelligent agent curation driven by multi-party collaboration, the deep integration of short-form video and cryptocurrencies, how blockchain is advancing AI infrastructure upgrades, and the growing trend of on-chain tokenization of real-world assets.

Farcaster’s transition from prioritizing social features to focusing on wallets has generated debate. However, this move does not signify the abandonment of social elements; rather, it is a necessary step in the natural evolution of crypto applications. In this article, we provide a comprehensive breakdown of how built-in wallets, the Mini Apps ecosystem, and social graphs work together to propel crypto social platforms into the industrial era. We aim to dispel misunderstandings and redefine the growth logic behind Farcaster.

Cashie 2.0 is a core module within the CARV AI Being system. It maps social interactions into verifiable, on-chain incentives by integrating the x402 payment protocol, the CARV ID identity oracle, and the ERC-8004 agent execution standard.

The article combines historical context, theoretical analysis, and contemporary phenomena, such as speculative behavior among retail investors and the rise of populism, to deeply reveal the mutually reinforcing cycle between financialization and gambling culture. It also prompts readers to reflect on the double-edged sword effect of market mechanisms and human fallibility on society.

StableChain is a USDT-native payment public chain supported by Bitfinex and Tether. This article provides an in-depth analysis of its vision, core features, technical architecture, team background, along with its differentiated advantages compared to stablecoin protocols such as MakerDAO and Frax, and explores its application prospects in the payment and DeFi ecosystems.