Institutional Investors Turn to Ethereum: From Asset Reserves to Stake Participation
As the Bitcoin market matures, institutional investors are starting to turn their attention to Ethereum, seeking new growth opportunities. Compared to pure asset appreciation, Ethereum offers institutions another way to participate: by staking to obtain stable and sustainable on-chain yields while deeply engaging in ecosystem development. This trend is driving the staking sector towards compliance and scalability.
Institutional Bets on Ethereum: From Passive Holding to Active Participation
Behind Bitcoin's new all-time high, the driving force has shifted from retail investors to institutions. The approval of spot ETFs has provided a compliant entry channel for traditional financial institutions, while some publicly traded companies have seen a significant increase in book value after listing Bitcoin as a reserve asset, further enhancing the credibility of Bitcoin as an asset allocation choice.
However, the reserve strategy of Bitcoin has matured, making it difficult for latecomers to replicate the success of early participants. Compared to

Bitcoin hits a new high, and the future rise is promising.
The price of Bitcoin has once again set a new historical record, breaking the previous high before May 22 on the eve of the US stock market's closing on July 9, reaching a new high of nearly $112,000 per coin, with an intraday rise of close to 3%. This breakthrough occurred at a time when the financial markets are paying close attention to the direction of the Federal Reserve's monetary policy.
The minutes from the Federal Reserve's June meeting released that day brought complex yet suggestive information to the market. The minutes indicate that there are clear divisions within the Federal Reserve regarding the outlook for monetary policy, which can be roughly divided into three camps:
1. The mainstream camp believes that a rate cut may be appropriate this year, but excludes the possibility of a rate cut in July.
2. The hawkish camp argues that interest rates should not be lowered this year.
3. The dovish camp is willing to consider a rate cut at the next meeting.
Despite the internal differences, most participants believe that the signals suggesting a possible interest rate cut this year undoubtedly enhance the market's expectations for future liquidity easing, which is beneficial for Bitcoin.

Ant International plans to launch stablecoin business in Hong Kong.
Ant International, as the overseas subsidiary of Ant Group, is working to develop stablecoin business in major financial centers in Asia. This payment processing giant is looking to explore new growth areas beyond traditional fintech operations.
According to reports, this Singapore-based company plans to apply for a stablecoin issuance license immediately after the Hong Kong "stablecoin regulations" come into effect in August. As part of its broader blockchain expansion strategy, the company also intends to apply for related licenses in other regions.
This move marks Ant International's official entry into the cryptocurrency space. Last year, the company's global transaction processing volume exceeded $1 trillion, with about one-third completed through its blockchain-based Whale platform, showcasing the company's rich experience in digital asset operational infrastructure.
Ant International's stablecoin program aims to enhance its cross-border payment and fund management service capabilities, utilizing

[Golden Finance] reported that Yu Xian, the founder of Slow Fog, commented on the 51% attack incident of Monero, stating that the community has many doubts about whether it is a true 51% attack, but there is no doubt about the restructured blocks (for example, 6 blocks). Qubic Mining Pool claims to control 51% Computing Power, but many community members believe it controls about 33% Computing Power. This debate is not easy to verify, and to conclusively prove a 51% attack, one can only initiate a double spend attack test.
According to previous reports, the IOTA co-founder Sergey Ivancheglo's project Qubic rapidly accumulated a large amount of Monero computing power through the "useful proof of work (uPoW)" mechanism. On August 12, Qubic briefly controlled 52.72% of the Monero network's hash rate (approximately 3.01 GH/s). Once it exceeds 51%, Qubic

The Solo project addresses the missing Web3 identity layer through the zkHE architecture, utilizing Homomorphic Encryption and zk-SNARKs technology to achieve trustworthy anonymous identity verification, ensuring privacy, identity uniqueness, and efficiency. This solution supports Compliance integration and is expected to promote the development of on-chain identity systems.