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The US Congressional Committee released a report proposing to establish an artificial intelligence development initiative similar to the 'Manhattan Project' to promote the development of Artificial General Intelligence (AGI). The report emphasizes that cooperation between the public and private sectors will be crucial to advancing AGI development and recommends that the Secretary of Defense designate the AI initiative as a top national priority and authorize the executive branch to enter into multi-year contracts for AI, cloud computing, and data center technologies. The report also proposes a series of measures to restrict Chinese investment in the biotechnology industry, indicating that global competition in AI is reshaping the international technological landscape and the balance of power between nations.

Sony plans to acquisition the Japanese media giant Kadokawa Group to expand its entertainment business empire. Kadokawa owns well-known intellectual properties such as "Elden Ring" and has a strong presence in the animation, manga, novel, film, and media industries. This acquisition is seen as Sony's sudden attack on Kadokawa's IP arsenal, which may break the sales deadlock.

A senator from Wyoming, USA, has proposed the establishment of a strategic BTC reserve to help solve the federal debt problem. However, this proposal has raised questions from experts, who point out that a BTC reserve cannot solve the problem and that practical budget reform measures must be taken. Experts urge the government to take a rational view of the role of BTC and avoid relying on or having excessive expectations.

BTC continues to break through historical highs, and market sentiment is becoming more optimistic. The fear and greed index has been consistently in the extreme greed zone. However, with the obvious increase in dumping behavior by BTC Miners, the selling pressure in the market is gradually rising, and selling may become an option. It is worth noting that the steadfast attitude of long-term holders and the active buying behavior on-chain are still important support for the current price. The buying momentum may drop and disrupt the balance between the current market and the Miner dumping trend, which may indicate an imminent market reversal. When investors judge whether to sell at the peak, they need to pay special attention to the fear and greed index, as well as the trading trends of Miners and long-term holders.

BTC Godfather Adam Back gave a keynote speech at the Legislative Yuan, introducing Sidechain Liquid Network, launched by his blockchain technology company Blockstream, covering over 70 members, supporting TradFi framework and supervision, and providing infrastructure and services for asset tokenization. In addition, he also shared practical adoption cases on the Liquid Network, including Mexico's Financial Technology company MIFIEL, Japanese yen stablecoin JPYS, and MicroStrategy stock token CSMSTR. Dr. Back believes that Liquid Network and Lightning Network are the two development routes of BTC, but their use cases are different, and they complement each other instead of competing.

US President Trump's nomination of Howard Rattner, CEO of the US Financial Service Corporation Jian Da, as Secretary of Commerce has attracted widespread attention. He is well-known for his role in the field of Crypto Assets and has defended Tether despite its exposure issues. However, his nomination has been questioned by Congress and the public, with some believing that his close ties to the Crypto Assets industry may lead to conflicts of interest.

Well-known on-chain data analysis platform CryptoQuant has listed the top 5 indicators for determining whether BTC is approaching a cyclical top, including the Market Cap to Realized Value ratio, Cryptocurrency Fear and Greed Index, new capital inflows, daily token burn indicators, and exchange flow pulses. Currently, multiple indicators indicate that BTC is still in a bull market phase, but investors still need to be cautious and closely monitor market changes to make investment decisions. Analysts are optimistic about BTC's future rise to $180,000 to $200,000.

Japanese Prime Minister Shigeru Ishiba is promoting an economic stimulus package and plans to incorporate the tax reform proposals put forward by the Democratic Party. In this tax reform, the tax rate for encryption assets will be lowered from 55% to 20%, aligning it with the stock trading tax rate. The aim is to create a more friendly investment environment for encryption assets, attracting more enterprises from the blockchain and Web3 industries. Additionally, this reform plan will also simultaneously adjust multiple tax policies, making it one of the key strategic responses to the industry's demands, and is seen as an important milestone in the transformation of the digital economy in Asia.

Tom Lee believes that BTC will definitely break through the $100,000 threshold by the end of this year, for three reasons: the halving effect causing supply and demand tightening, Favourable Information in policies, and institutional funds pouring in. He believes that Favourable Information in policies refers to the relaxation of regulations and a pro-business stance after Trump's return to the White House, enhancing BTC's role as a reserve asset. With continuous inflow of institutional funds, BlackRock's BTCSpot ETF has the potential to release billions of dollars of investment momentum into the market. The market's uncertainty about whether BTC can challenge $100,000 is divided, but Tom Lee still sees a bright outlook for long positions.

A primary school student issued the meme coin GenZ Quant ($QUANT) on the Tokenissuance platform Pump.fun and made about $30,000 by harvesting leeks, which caused retaliatory doxxing from crypto world netizens. Faced with community pressure, the primary school student unexpectedly issued two more tokens: I'm Sorry ($SORRY) and LUCY ($LUCY). This behavior has sparked retaliatory investments in the crypto world community. However, investing in on-chain meme coins carries extremely high risks. The market is risky, and investments should be made with caution.

Ethereum ($ETH) has been highly anticipated in the entire cryptocurrency market, but its recent price performance has been sluggish, making it difficult to break through the price barrier. However, renowned analyst Ali Martinez pointed out that Ethereum may be on the eve of a significant rebound, with the potential to break through the price barrier and challenge the psychological level of $10,000. His viewpoint is based on three key points: MVRV momentum and price breakthrough, whale activity and institutional investment, and the stability of key support levels, while the overall market sentiment also provides some support. However, investors should also manage risks and be aware of downward pressure.

The rise of Bitcoin is no longer about disconnecting from the existing financial system, but about how to thrive within it. Wall Street sees it as a new investment target, and financial elites seem to have 'hijacked' BTC. Companies like BlackRock have already accumulated billions of dollars in BTC assets, and retirement funds and large asset management companies have also joined in. However, the lack of regulation and transparency makes the future of BTC full of potential risks, and investors need to be cautious. 'Stake' is also a time bomb. If the borrower defaults, it will trigger a chain reaction, consuming the market's Liquidity and leaving investors in the dark.

This article explores the future price trend of Ethereum, and seeks the opinion of the artificial intelligence ChatGPT-4o. Based on Technical Analysis, macro environment, and project fundamentals, ChatGPT believes that the price of Ethereum at the end of November 2024 may break through the $5,000 mark. However, it is important to be cautious about market risks when investing.

This content is compiled from E2M Research's weekly space 'Guess and Rebuttal'.

The book 'Speculation and Refutation' has brought a lot of harvest to several main speakers of E2M Research. We hope that reading books will not only be limited to reading, but also apply its good ideas to practice and even verify them in our own investment cases.

As we believe, there are many things in the world that are not black and white. There are many 'third-party thoughts' that encourage us to constantly seek better explanations, encourage everyone to boldly speculate, actively refute, and carefully verify and implement in life.

The recent market trend is good, how to hold good assets for the long term? How to Heavy Position again after selling the flying? It is worth discussing again, and the guests also exchange and discuss through their own industry experience.

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The Central Bank of Brazil has announced the launch of the second phase of its Central Bank digital currency (DCB) pilot project Drex, which focuses on establishing a trade finance solution using blockchain technology and oracles, involving tokenization of electronic bills of lading, as well as blockchain mechanisms such as DvP and PvP. These technologies will be tested to automate supply chain payments, enhance cross-platform and cross-currency compatibility. The project aims to integrate DCB and blockchain technology into the Brazilian economy, addressing inefficiencies in global trade and promoting financial innovation. The project is currently being promoted in collaboration with enterprises such as Microsoft, chainlink, and Banco Inter.