Challenger Capitals

On September 29, Polygon's Co-founder Mihailo Bjelic tweeted that as of September 27, the number of daily active addresses on Polygon reached 350,000, surpassing the Ethereum Layer1 network (326,000) for the first time, setting a record high.

According to the Golden Financial Report, the Tianyan Check App shows that Alibaba Singapore Holdings Co., Ltd. recently applied for the registration of a number of trademarks such as “Ali Yuan Universe”, “Taobao Yuan Universe”, and “Dingding Yuan Universe”. The international classification involves website services, education and entertainment, and science. Instruments, etc., are currently under application for trademark status.

  On September 12, the on-chain analyst "_Checkmate" quoted Glassnode data as saying that the Bitcoin transaction volume with a history of less than one month hit a record low, less than 7% of the supply. In other words, the Bitcoin transaction volume with a history of more than one month is at the highest level in history. HODL is very real: the old Bitcoin is not being traded, and the new Bitcoin is maturing, which is bullish. He further added that when the trading volume of the new currency hit a local low before: three-quarters of the situation occurred before the full-scale bull market; one-quarter was a rebound before the bear market in 2014. Supply dynamics is a longer-term indicator, but it reflects real market fundamentals.

On September 12, three people familiar with the matter revealed that after several weeks of deliberation, the U.S. Treasury Department and other federal agencies are about to decide whether the Financial Stability Regulatory Commission (FSOC) will initiate an assessment to determine whether stablecoins such as Tether threaten financial stability. FSOC has the right to determine that a certain company or activity poses a systemic threat to the financial system. If this certainty is made, it may have a significant impact on stablecoins.

  According to a new report on September 10, the issuance of CBDC may give the central bank greater power to adjust interest rates. Central bank digital currencies (CBDC) may actually have a negative impact on interest rates by providing additional tools for policymakers. An article written by senior columnist James Mackintosh on September 8 argued that if interest rates fall below zero, the difference between CBDC and cash will become apparent. People are more inclined to "make zero" by holding physical cash, rather than losing money on digital dollars issued by the central bank. He added that this means that if the central bank issues digital dollars that cannot be hidden under the mattress, it will have a greater impact on interest rates. Negative interest rates are the last resort for the central bank to stimulate the economy by encouraging borrowing and spending during the recession. Interest is paid to borrowers instead of lenders. According to the Federal Reserve Eco

  On September 10, it was reported that the gaming giant Epic Games will close its popular social video application Houseparty in October, and will absorb the latter team, committed to "creating new ways to conduct business on a metaverse scale in the entire Epic Games family." Meaningful and true social interaction.” It is reported that Epic Games acquired Houseparty for $35 million in 2019. Last year, Houseparty was integrated into Epic Game’s flagship game "Fortnite", allowing users to video chat while playing the game. Earlier this year, Epic Games completed a $1 billion financing to support the vision of building a metaverse