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The "Bankruptcy" of Metcalfe's Law: Why Are Cryptocurrencies Overvalued?
The "Bankruptcy" of Metcalfe's Law: Why Are Cryptocurrencies Overvalued?

Currently, the pricing of crypto assets is largely based on network effects that have yet to materialize, with valuations clearly outpacing actual usage, retention, and fee capture capabilities.

Chaincatcher·2025/11/26 23:15
Need Funding, Need Users, Need Retention: A Growth Guide for Crypto Projects in 2026
Need Funding, Need Users, Need Retention: A Growth Guide for Crypto Projects in 2026

When content becomes saturated, incentives become more expensive, and channels become fragmented, where lies the key to growth?

Chaincatcher·2025/11/26 23:15
EOS faces renewed turmoil as the community accuses the Foundation of running away with the funds
EOS faces renewed turmoil as the community accuses the Foundation of running away with the funds

The collapse of Vaulta is not only a tragedy for EOS, but also a reflection of the shattered ideals of Web3.

Chaincatcher·2025/11/26 23:14
Exclusive: Revealing the Exchange’s New User Acquisition Strategy—$50 for Each New User
Exclusive: Revealing the Exchange’s New User Acquisition Strategy—$50 for Each New User

Crypto advertising has evolved from being barely noticeable to becoming pervasive everywhere.

Chaincatcher·2025/11/26 23:14
Flash
22:25
The total on-chain holdings of US spot Bitcoin ETFs have surpassed 1.47 million BTC.
Jinse Finance reported, according to Dune data, the total on-chain holdings of US spot bitcoin ETFs have surpassed 1.47 million BTC, currently reaching approximately 1.471 million BTC, accounting for 7.36% of the current BTC supply. The on-chain holding value has fallen below $150 billions, now valued at $149.4 billions.
22:17
Jack Dorsey’s Block plans to lay off up to 10% of its workforce to improve efficiency
Gelonghui, February 8th|Jack Dorsey's Block is notifying hundreds of employees during its annual performance review period that their positions may be eliminated, as the payments company is currently undergoing a broader business overhaul. According to sources familiar with the matter, up to 10% of Block's employees are at risk of being laid off. A senior executive previously stated that as of late November, the company had fewer than 11,000 employees. Block is scheduled to release its financial report after the U.S. stock market closes on February 26. Analysts expect the company's adjusted profit for the fourth quarter to be $403 million, with earnings per share of $0.68 and revenue reaching $6.25 billion.
22:00
BlackRock IBIT holdings market value drops to $51.7 billion
Jinse Finance reported that, according to official data from BlackRock, as of February 5, the market value of IBIT holdings reached $51,740,165,902.64, with a holding amount of 761,915.17 BTC.
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