sustainability

Huobi HTX Chief Analyst Cloud stated that Bitcoin quickly rebounded after hitting the bottom under the dual pressure of interest rate hikes and the obstruction of the Clear Act, with a weekly increase of about 16%, rising to $87,307 during trading on September 21 (Huobi HTX spot price), reaching a new high since January. This round of increase is driven by three forces: the net inflow of about $1 billion into the U.S. spot Bitcoin ETF on September 21, the largest single day of the year; short positions being liquidated for about $650 million within 24 hours; and falling oil prices leading to a cooling of inflation expectations. Compared to last week's rebound, which was mainly driven by passive replenishment, this week saw a relay of spot buying.Whether the trend can continue depends on two points: whether ETF inflows can shift from a single-day pulse to a continuous trend, and whether leverage can be maintained at a non-overheated level. Currently, the funding rate is about 0.01%, in a neutral range, but the open interest of Bitcoin contracts has risen above $61 billion. If the capital weakens, high leverage will amplify the pullback. Market sentiment has entered an extreme greed zone, which historically has often been a precursor signal for short-term trend reversals. Technically, $87,500 is the resistance above, while the first support zone is between $84,000 and $85,000. The trend has conditions for continuation, but the highest risk of short-term volatility also occurs during the hottest phase of sentiment.Note: The content of this article is not investment advice and does not constitute any offer, solicitation, or recommendation of investment products.

CryptoQuant CEO Ki Young Ju stated that the current trend of Bitcoin is mainly driven by the futures market. He pointed out that although open interest continues to rise, on-chain spot demand remains in a state of net negative growth.

Shielded Labs announced on platform X that it has received a donation of 3,221 ZEC from Tyler Winklevoss and Cameron Winklevoss, valued at approximately $1.2 million. The funds will be used to support core initiatives such as network sustainability mechanisms, Crosslink, and dynamic fees, aimed at enhancing the long-term security, sustainability, and scalability of the Zcash network.This is the second donation from Tyler Winklevoss and Cameron Winklevoss to the organization, following their initial donation in 2023 to support the establishment of the Crosslink task force. Shielded Labs is a Zcash support organization based in Switzerland, with its funding entirely sourced from donations, independent of developer funds and block reward operations.

According to official news, Bera Labs has initiated a proposal aimed at reducing the BGT inflation rate to 5%. The proposal states that currently, Berachain mints BGT at an annual target rate of approximately 10%, while the actual inflation rate so far this year averages around 8%. A high inflation rate is appropriate during the network validator community and the early application ecosystem launch phase, but as the ecosystem matures and a new macroeconomic environment forms, it is recommended to reduce the BGT inflation rate to about 5% to minimize unnecessary dilution, enhance sustainability and emission efficiency, while remaining competitive with other L1s.This proposal will not modify the reward mechanism, treasury allocation logic, or any liquidity proof (PoL) functional components.The proposal also indicates that the inflation rate will be further reduced during 2026 and 2027, bringing it closer to Ethereum. Additionally, the team is evaluating long-term improvements to PoL, aiming to create sustainable protocol-level revenue that will stimulate greater value for BGT over time.

Bitget Research Institute's Chief Analyst Ryan Lee stated in the latest market outlook that the expansion of stablecoin supply and net inflows into ETFs continue to attract traditional financial capital into the market, becoming a major driving force in the current crypto market. He pointed out that more importantly, this round of capital inflow is showing sustainability rather than speculation, indicating that the market is moving towards a more mature development stage. December will be a key macro window period, as the end of the government shutdown and interest rate adjustment policies will set the tone for the market.In addition, during a recent live broadcast hosted by Bitget, several guests shared their latest judgments on the market. Guest "Wang Bu Ai" stated that the U.S. government shutdown is expected to end in the short term, which will boost market confidence and drive capital back into the market. He noted that the macro trends of this cycle can be referenced against the situation during Trump's first term, where after the government shutdown ended, the U.S. experienced quantitative easing and interest rate cuts by the Federal Reserve, significantly enhancing market liquidity. Given that the midterm elections are approaching next year, Trump will undoubtedly take measures to stimulate the U.S. economy to consolidate his voter base.Guest "Bi Du" pointed out that the recent mismatch in on-chain liquidity has intensified, with the utilization rates of mainstream lending pools generally nearing their limits. In the medium term, investors can moderately allocate to high-quality DeFi protocols that have been unfairly punished. Additionally, attention can be focused on mainstream public chains such as BTC, ETH, and SOL, as well as the short-term rebound potential of popular themes like AI and Memecoins. Overall, the market is still in the "liquidity defense + sentiment game" stage, and a trend-driven market has not yet been established. The current strategic focus should be on maintaining liquidity, avoiding systemic risks, and patiently waiting for trust to be rebuilt and the main trend to be confirmed.Guest "30 Has Retired" believes that from a long-term perspective, the current market is in a stage of transitioning between bull and bear markets. In the short term, the market is still primarily in a rebound trend, mainly driven by the confidence boost from the U.S. government resuming operations and the favorable expectations surrounding the interest rate cut cycle. He added that his common method for trend judgment is to observe changes in the MACD indicator to assess the market direction.

Matrixport published a market view stating that, from a technical perspective, this round of pullback has approached the value-for-money range. The RSI recently dipped to 35, and according to historical experience, technical buying tends to become active around this level, although sustainability still awaits macro catalysts for validation. Short-term catalytic factors include: the potential resolution of the U.S. government shutdown this week, and Trump's suggestion of possibly issuing around $2,000 in "stimulus checks" to the public, which reminds the market of the retail frenzy driven by checks in 2020-2021.In summary, given the recent net outflow from ETFs and institutions' phased wait-and-see stance, the rebound strength is limited; relying solely on the aforementioned catalysts is insufficient to drive a trend reversal, and resonance verification between the capital and fundamental aspects is still needed.

ChainCatcher news, according to the latest report from 10x Research, the current market is facing challenges of compressed volatility, seasonal weakness, and a lack of macro drivers, raising doubts about the sustainability of this rebound.Trump's recent move to expand access to cryptocurrencies in 401(k) accounts and promote interest in gold may change market sentiment, but the current market reaction has been relatively muted. Meanwhile, although Ethereum shows record address activity and price increases, this is more driven by narrative rather than fundamental support. Both assets are at critical technical boundaries, and future momentum may accelerate or significantly stagnate.

ChainCatcher news, according to Jinshi reports, Felix Herrmann, an analyst at Aramea Asset Management, stated in a report that the debate over the sustainability of U.S. debt is likely to dominate the U.S. market in the second half of this year.The chief economist noted that this will lead to upward risks for long-term U.S. Treasury yields. He mentioned that part of this is due to the so-called "big and beautiful plan," which will significantly increase U.S. debt in the short term.

ChainCatcher news, Swiss bank strategist Ipek Ozkardeskaya stated in a report that the trend of U.S. Treasury yields will depend on two factors. The first factor is the fiscal choices made by the U.S.: whether the budget is sustainable and whether there is any long-term plan to control debt. The second factor is the behavior of global investors: whether global investors are still willing to finance the U.S. deficit, especially in light of deteriorating geopolitical relations, waning enthusiasm for the dollar, and declining confidence in U.S. Treasuries as a safe-haven asset, all of which have also weakened market confidence.

ChainCatcher news, CryptoQuant analyst Darkfost pointed out that the current market has seen the largest increase in 24-hour open interest in recent times. Historically, upward movements driven by derivatives often lack sustainability.During the strong bull market phases in November and December 2024, open interest increased by 16% and 15% respectively, supported by strong activity in the derivatives market that fueled positive momentum in the spot market. However, this time the price has only increased by 4.2%, whereas similar past events led to price increases of 10% and 7%. This discrepancy indicates that the selling pressure in the current market remains strong.

ChainCatcher news, OpenSea CEO Devin Finzer stated on the X platform: "OpenSea is undergoing a lot of changes, OS2 is not just a new product, and SEA is not just a token. This is the beginning of a brand new OpenSea. The NFT bull market has changed us, making us too corporate, too Web2, afraid of risks, and neglecting the original intention of building for users. I decided that we need to completely regroup. So we are fully reconstructing: technology, products, and most importantly------culture.With the SEA token, the OpenSea Foundation is learning from this field and making improvements. Not just considering recent activities or short-term actions, but rewarding those OGs who believed in our field from the beginning, as well as those who have collaborated with us long-term. Easy to access, integrated into OS2, and built for sustainability. We will continue to release products in the future: NFTs, tokens, creator tools, the combination of AI and crypto, and more."

ChainCatcher news, according to Cointelegraph, R3 Sustainability and Chintai have launched a $795 million RWA ESG (Environmental, Social, and Governance) fund.The fund includes four main development programs, one of which is a $50 million remote workforce housing initiative, providing $150 million in near-term capital expansion opportunities. Secondly, there is a $165 million early development fund for industrial projects, and a $180 million reverse osmosis desalination plant fund, focusing on providing large industrial complexes in Texas. Granowski stated that the opportunity for the RWA fund lies in large-scale investments in utility infrastructure.

ChainCatcher news, Primitive Crypto founder DoveyWan stated that although the market is in a bull phase, only a few tokens have reached new highs, reflecting the maturity of the industry and the depletion of upper-level funds.She warned that when the market becomes overly reliant on a few individuals or projects, sustainability will be challenged. Additionally, she emphasized that understanding personal strengths and focusing on areas that suit oneself is key to achieving long-term success.

ChainCatcher news, according to CoinDesk, the European Union's cryptocurrency regulatory framework, the Markets in Crypto-Assets Regulation (MiCA), became law in 2023. MiCA establishes licensing requirements for cryptocurrency issuers and service providers, with stablecoin rules taking effect in June.However, Rowan Varrall, Deputy Director of the DTI Foundation, explained that issuers of Asset-Referenced Tokens (ART) and Electronic Money Tokens (EMT) must begin sustainability disclosures from June 30, 2024, while crypto asset service providers must start developing disclosure requirements by the end of the year.Despite clarifications from the European Securities and Markets Authority (ESMA), several crypto asset service providers (CASPS) in the EU may not be aware of the correct deadline for sustainability disclosures.

ChainCatcher news, Solana co-founder Anatoly Yakovenko expressed concerns about the long-term sustainability of Layer2 solutions currently integrated into the Ethereum ecosystem.According to Yakovenko, these solutions cannot achieve scalability due to high Gas fees, making it difficult for dApps to operate efficiently. He further stated that although Layer2 scaling solutions like Polygon and Arbitrum have made significant progress recently, they still lack sustainability in the long run.