Weekly Editor's Picks (0906-0912)

According to Coinjie.com, the liquidity craze has begun again, Bitcoin may become a leading asset in cyclical terms, and institutional channels and global accessibility drive it to shift from speculative assets to systematic hedging tools. The copycat season bid farewell to the era of buying with closed eyes, and the differentiation is intensifying: funds flow to the polarities of blue-chip DeFi and high-risk memecoin. The US SEC and CFTC have joined forces to open up perpetual contract trading for the first time, and derivatives and DeFi have become favorable policies. The scale of stablecoins exceeds US$280 billion, and the issuer is profitable. The rise of Layer 1 blockchain promotes changes in financial infrastructure. Hyperliquid USDH stablecoin has triggered a competition for distribution rights, and major issuers are competing to launch plans. Ethereum's holdings are highly concentrated, with 61% held by 10 addresses, and large institutions become an important reserve force. SOL Finance received US$1.65 billion in financing, led by Galaxy Digital and others. DeFi financial management is as high as 45%, but we need to be wary of potential interest rate risks. Security Alert: Aqua scam warning Rug Pull to upgrade its means, and even if there is an audit, it may still involve fraud.