I. Outlook

Last week, the U.S. stock market experienced significant volatility. The S&P 500 and Nasdaq indices have completely retraced all gains since last year's election day.

The U.S. stock market experienced significant volatility last week, with the S&P 500 and Nasdaq indices completely retracing all gains since last year's election day. The Federal Reserve's Beige Book, released last Wednesday, indicated a slight uptick in overall economic activity in the U.S. since mid-January. However, corporate pessimism about the future is on the rise, primarily due to increasing uncertainties brought about by the Trump administration, especially regarding tariffs.

In the future, the U.S. economy faces multiple challenges, including insufficient consumer momentum, poor employment data, and an expanding trade deficit. In the coming months, policy decisions and the global economic situation will have a significant impact on the U.S. economy.

The cryptocurrency market also experienced significant volatility last week, with regulatory policies and macroeconomic factors continuing to influence market trends. Although the U.S. policy's "cryptocurrency strategic reserve" briefly boosted the market, the impact on the crypto market is relatively limited in the short term since the Bitcoin reserve policy does not involve new purchases. Against the backdrop of ongoing accumulation of U.S. government debt, the likelihood of incremental funds flowing into the cryptocurrency market in the short term is also relatively low. Bitcoin and Ethereum once again tested the $80,000 and $2,000 thresholds, respectively, and investors should remain vigilant about the possibility of new lows.

Electron Labs is a general-purpose ZK (Zero-Knowledge) proof aggregation layer based on Ethereum, aiming to maintain decentralization by using light clients and zero-knowledge proofs to aggregate proofs from various use cases into a single super proof, effectively reducing costs for each use case.

Its goal is to create a high-throughput, low-latency, and decentralized blockchain interoperability protocol.

The Electron Labs team is composed of experienced engineers from Stanford, MIT, and Magic Eden, and its seed funding is led by a prominent blockchain VC firm.

Its mission is to realize the vision of a scalable, secure, and inclusive Web3.

Electron Labs' technology can be applied to various use cases, including cross-chain bridges, DeFi protocols, and DAOs.

Its vision is to build a future where blockchain technology empowers everyone to live better and more fulfilling lives.

Orochi Network, a verifiable data infrastructure startup, has raised $12 million in funding to provide solutions for some of the most pressing challenges facing the future of internet decentralization.

Founded in 2024, Orochi Network is focused on building a more scalable, secure, and user-friendly Web3.

Its verifiable data infrastructure supports zero-knowledge proofs (ZKP) and provides solutions for scalability, privacy, and data integrity.

Its goal is to enable decentralized applications (dApps) to serve billions of users without compromising on security or decentralization.

Its vision is a world where technology empowers people and promotes a more equal and sustainable society.

Spheron Network, a decentralized computing network, has raised seven-digit seed funding from Blockwall Capital and cryptoeconomic consulting firm DeepChain to help it provide instant access to scalable GPU resources.

Spheron's PayChain-powered network aims to promote the efficient deployment and scaling of applications.

Its platform allows users to quickly and easily connect to the best-suited supplier nodes.

Its tokenized economic system ensures fairness and transparency in resource allocation.

Its mission is to empower developers and entrepreneurs to build the next generation of decentralized applications.

Its vision is a future where technology serves humanity and promotes harmony with nature.