ChainCatcher news, Bybit's institutional head Eugene Cheung stated that the fundamentals of Bitcoin and Ethereum remain exceptionally strong, with an increase in institutional adoption of cryptocurrencies. He emphasized Morgan Stanley's recent decision to allow wealth advisors to promote Bitcoin exchange-traded funds to clients. Eugene Cheung believes that the anticipated interest rate cuts in the U.S., the growing national debt, and increased political support for cryptocurrencies all indicate that prices will rise in the second half of 2024. Bitcoin has the potential to break through the current range, reaching targets of $86,000 or even $105,000.

ChainCatcher news, Wemade's overseas affiliate WeMix Foundation operates the blockchain-based WEMIX platform and services, and will launch the game content payment service "Wemix Pay" in the second half of this year."Wemix Pay" is a service that allows users to purchase various in-game content using Wemix coins. Users who purchase game content with Wemix Pay can earn "Prime Points" and "Play Tokens" as rewards.

ChainCatcher news, Celestia's liquid staking protocol MilkyWay tweeted that it will postpone the launch of the MILK token until after the Modular Restaking Hub goes live, which is expected to happen in the second half of this year. The official statement indicates that the team will continue to operate the mPoints system until the token is launched and will introduce new changes to gamify the system through more activities (such as reward points activities).In addition, the official will distribute Milky Badges to staking users in four batches. The first batch is for users from December 18, 2023, to February 14, 2024; the second batch is for users from February 15, 2024, to April 1, 2024; the third batch is for users from April 2, 2024, to May 9, 2024; and the fourth batch is for users from May 10, 2024, to June 15, 2024. Users who participated in staking during these periods will be eligible to apply for specific Badges on the points dashboard. These Badges will count as multipliers in the user's final score.

ChainCatcher news, according to official sources, the DeFi synthetic asset protocol Linear Finance has announced the 2024 roadmap for Linear 2.0, which mainly includes:April: Upgrade cross-chain bridge using Chainlink and launch LLM-based smart Linear Chatbot;May: Achieve ultra-fast transaction settlement and launch AI-driven market sentiment indicators;June: Conduct community-driven synthetic asset expansion;Q3 to Q4: Launch new markets and P2P trading platform.

ChainCatcher news, according to a report by the Hong Kong newspaper, Mox bank's investment product head, Liu Hanyang, stated that they plan to launch virtual asset investment services in the second half of this year, meaning that Mox bank customers can expect to invest in Bitcoin and Ethereum through the bank's mobile application in the future.Liu Hanyang mentioned that they intend to collaborate with a licensed virtual asset trading platform in Hong Kong to provide virtual asset investment to bank customers. They are currently selecting partners and will subsequently submit relevant applications to the Monetary Authority and the Securities and Futures Commission.In addition, the bank also hopes to offer customers investment services for U.S. Bitcoin spot ETFs.

ChainCatcher news, Aave founder Stani Kulechov tweeted that for the DeFi industry in the second half of 2023, the focus should be on suitable payment use cases. Transparent, decentralized stablecoins are very suitable for payment settlements, and we just need to create a better experience than the existing ones.Previously, the Aave community conducted a temperature check vote on the proposal regarding the "Aave native stablecoin GHO liquidity pool." (source link)

ChainCatcher news, according to Bloomberg, Cboe Global Markets has received approval from the Commodity Futures Trading Commission (CFTC) to offer margin futures trading with physical and cash settlement, planning to launch Bitcoin and Ethereum futures contracts in the second half of the year. Currently, Cboe supports spot and derivative trading of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, and it plans to increase the number of tokens traded on its platform. (source link)

ChainCatcher news, according to the Hong Kong Radio website, the acting head of the Intermediaries Division of the Hong Kong Securities and Futures Commission, Choi Chung-fai, stated that there are currently no platforms available for retail investors to buy and sell virtual assets. It is expected that after the guidelines come into effect, retail investors will be able to trade on licensed trading platforms as early as the second half of this year.Choi emphasized that if local virtual asset platforms have not been operating before the regulations come into effect, or if overseas platforms do not have a license after the guidelines are implemented, they cannot conduct virtual asset trading business in Hong Kong, nor can they promote in Hong Kong; otherwise, they will be held criminally liable. Existing platforms can apply for a license within 9 months after the guidelines come into effect.He also mentioned that licensed platforms must ensure that their clients are not trading through "VPNs" and must verify whether the IP addresses are from regions where virtual asset trading is prohibited, emphasizing the need to comply with relevant regional regulations. (Source link)

ChainCatcher news, Japan's communications giant Line's NFT subsidiary Line Next plans to launch the first five games on its Web3 gaming platform Game Dosi in the second half of 2023.Reportedly, these games include "Sweet Monster Guardians," "Vestria The Last Order" (VLO), "KEROZ," "Drawship Kingdom Reverse," and "Project GD," with "Project GD" being an internally developed IP that will involve multiple games. According to the company, each game features unique gameplay mechanics. (source link)

ChainCatcher News, the Web3 payment platform Suberra announced that it will launch a new non-custodial crypto debit card in the second half of this year, with a waitlist now open for registration. This debit card allows users to purchase items using cryptocurrency while also earning up to 1% cash back rewards.ChainCatcher previously reported that the Web3 subscription and payment platform Suberra completed a $2.7 million funding round last October, with participation from Spartan Capital, Delphi Digital, Hashed, Newman Capital, Defiance Capital, Arcane Group, and Tsing Tech Ventures. (Source link)