Canada's May wholesale sales year-on-year

Thanks for the love~ I'm not dead yet.

The core concept of Web3 is the true ownership of data and assets by users. Blockchain technology supports the infrastructure of Web3, including data, storage, and computation. Although some projects have lost traction, they are still in technical development. Data protocols and storage public chains are innovating to adapt to the market, while computation public chains need to attract more users. The infrastructure of Web3 needs improvement and will better support applications in the future, promoting the realization of Decentralization.

Can MicroStrategy avoid a financial crisis? The Bitcoin price is key. MicroStrategy, as the world's largest Bitcoin-holding company, is closely related to the financial condition and the price trend of Bitcoin. As of the end of 2024, the company holds approximately 470,000 Bitcoins, with a total cost of nearly $28 billion and an average purchase price of $62,500 per coin. The company primarily raises funds to purchase Bitcoin through four methods: using its own funds, issuing convertible preferred bonds, issuing secured preferred bonds, and issuing stocks at market price. Currently, MicroStrategy's total liabilities are approximately $8.2 billion, while total assets ( are mainly Bitcoin ) with a market value of $43 billion, and the leverage ratio is only 19%. This means that the company will only face the risk of insolvency if the price of Bitcoin falls below $16,500 for an extended period. In the short term, the price fluctuations of Bitcoin mainly affect the company's financial statement performance, but will not trigger a direct financial crisis.

The resignation of Federal Reserve Vice Chair Barr has sparked discussions on banking regulation, with a low possibility of regulatory easing in the short term. It is expected that $612 billion will be injected into the crypto market by 2025, but it also faces the risk of quantitative tightening. Several states are advancing legislation on Bitcoin reserves. Meanwhile, a certain exchange has applied to raise the holdings limit for Bitcoin ETFs. A new project combining AI and gaming has attracted market attention.

Crypto Market Weekly Report: Economic Data Mixed, Short-Term Outlook Still Uncertain This week, the price of Bitcoin rose from $80,708 to $82,562, with a weekly increase of 2.31% and a fluctuation of 10.86%. The trading volume continued to decline compared to last week, and the price rebounded slightly within the descending channel. The inflation data released by the United States was slightly better than expected, coupled with signs of easing in the Russia-Ukraine conflict, providing a bit of relief for the market. However, U.S. stock valuations remain in a downward channel, with historical data indicating further room for decline. The fundamental reason for this round of adjustment—the tariff policy that could lead to rising inflation and concerns about stagflation—has not been eliminated. The ongoing policy uncertainty continues to make market worries difficult to alleviate; the longer the adjustment period, the greater the potential for valuation downgrades. This is also why we maintain a cautious attitude towards a short-term rebound in Bitcoin. macroeconomic data The US February CPI rose by 2.8% year-on-year, slightly lower than the expected 2.9%.