Net long-term capital inflow to the United States in June

RFR will fly if you touch it

JUST IN: Mill City Ventures has added 5.6M $SUI to its holdings, spending over $20M at an average of $3.65 per token. The Nasdaq-listed firm now holds 81.9M SUI, an amount acquired through both public market purchases and a discounted supply deal with a blockchain network foundation.

The Old Tricks of the Web3 World: The Rise and Fall of DePIN Projects Since the rise of the digital currency market, the Web3 field has been repeatedly following the old routine of "economic incentives + scenario packaging." The previous wave of hype was around game finance ( GameFi ), where concepts like "earn tokens by playing games" and "earn tokens by running" became popular narratives. However, although these projects gained short-term popularity, they failed to establish sustainable business models. Ultimately, GameFi did not become a long-term viable track, with token prices fluctuating wildly, severe user loss, and ecosystem collapse. In the current wave, the concept of decentralized physical infrastructure networks ( DePIN ) has emerged, once again igniting the narrative frenzy within the Web3 community. It's not just "mine by using it", but rather "everything can be DePIN": earn tokens by charging, earn tokens by making calls, earn tokens by installing sockets, earn tokens by driving, earn tokens by watching.

Bitcoin Investment Pioneer: Exploring MicroStrategy's Capital Operation Model 1. Background Introduction Originally focused on business intelligence solutions, MicroStrategy shifted its focus to Bitcoin investment starting in 2020. By issuing stocks and convertible bonds to raise funds for purchasing Bitcoin, it became a focal point in the U.S. stock market. In February 2025, MicroStrategy officially renamed itself to Strategy, at that time holding approximately 470,000 Bitcoins, which accounted for about 2% of the total global Bitcoin supply. By February 21, 2025, the company had accumulated nearly 500,000 Bitcoins, valued at over $40 billion. MicroStrategy essentially transforms the stock market into a Bitcoin financing channel through capital structure design - raising funds to increase Bitcoin holdings by issuing new shares/convertible bonds, and then using Bitcoin holdings to support stock price valuation, forming a capital closed loop deeply bound to crypto assets. With this high-premium financing mechanism, MicroStrategy not only has Bitcoin's concept.

Plasma: Create a high-performance Blockchain optimized for stablecoins Stablecoins are gradually becoming the key vehicle for on-chain payments, asset settlement, and financial services. However, the current blockchain infrastructure has not yet been optimized for their characteristics and still faces issues such as high transaction costs, performance bottlenecks, and centralization risks. To address these challenges, Plasma proposed an innovative solution: to build a high-performance Bitcoin sidechain specifically designed for stablecoins. This solution provides zero-fee transactions, enhanced security, and scalability while being compatible with the Ethereum Virtual Machine ( EVM ). This concept has attracted widespread attention in the market. In February 2025, Plasma completed a financing round of $24 million, with investors including several well-known institutions and individuals. In addition, the first ICO product of the Echo platform, Sonar, also chose Plasma's initial coin offering as its debut project. Stable