Fu Rao, executive director of the Hong Kong International New Economics Research Institute, wrote an article "The Virtual Asset Ecosystem is Changing" in Ta Kung Pao, which pointed out that Vitalik mentioned in TOKEN2049 that it is now in the early stage of the real availability of crypto technology, and crypto technology is gradually maturing and being more widely used. It is worth noting that the US Federal Reserve has cut interest rates by 0.5%, which is the first time since March 2020. Grayscale Research pointed out that the Federal Reserve's discussion on interest rate reduction helps support the valuation of cryptocurrencies and traditional markets. The Federal Reserve's monetary policy, especially the end of the interest rate hike cycle and the discussion of interest rate reduction, has a certain positive impact on the recovery of the cryptocurrency market. Bitcoin, as an alternative monetary system that competes with the U.S. dollar, may be influenced by the Federal Reserve's decision to cut interest rates. The decline in real interest rates and the weakness of the U.S. dollar may support Bitcoin's valuation. RWA (Real World Asset Tokenization) shines brightly as a representative of the integration of Web 3.0 and Web 2.0. It has a very diverse range of topics such as on-chain protocol release, application case sharing, supervision and operation process discussion. RWA has the characteristics of high amount of assets it can carry, being quickly recognized by outsiders, and having lower risks than traditional Web 3.0 assets. It may become another theme for the Web 3.0 industry to further break out of the circle.