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Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.

Gate Research Daily Report: September 3, Bitcoin's price rebounded to around $59,000 after hitting a low of $57,129. Meanwhile, Ethereum found support after dropping to approximately $2,400, climbing back to around $2,500. Altcoins have started to recover in the past 24 hours, following BTC's price movements, with significant gains seen in sectors like BTC Ordinals, Solana Memes, and Yield Farming. Pendle's eBTC has surpassed $15 million in total value locked (TVL), making it the highest-yielding BTC staking project among those with TVL exceeding $1 million. Additionally, four projects publicly announced funding rounds, with the highest disclosed amount being $6 million, covering sectors such as AI, DeFi, stablecoins, and Ethereum Layer 2.

This article introduces the analysis and prospects of the seven major tracks in 2024.

Avalon Labs is actively promoting the financialization of Bitcoin, building a seamless, transparent, and scalable financial ecosystem. Its innovative services, such as Bitcoin-backed lending, stablecoins, yield-generating accounts, and credit cards, aim to make Bitcoin an active economic asset in the global market. This article will detail Avalon Labs' core functions, technical advantages, and market prospects, helping readers to fully understand this project that is reshaping the financial ecosystem.