#比特币和以太坊持有分布# Looking back at the development of Bitcoin over the years, I can't help but feel a mix of emotions. Seeing that the U.S. controls 40% of the Bitcoin supply this time reminds me of those crazy early days. Back then, we were thrilled by the price fluctuations of just a few cents every day; who would have thought we would have such a landscape today?
The United States holds 8 million Bitcoins, worth nearly a trillion dollars, which is indeed astonishing. Looking at the holdings of other countries, India has 1 million, Europe has 900,000, and China has 194,000, showing a stark contra

#美联储政策展望# Looking back at the past, one can't help but feel a multitude of emotions. Changes in Fed policy always trigger the nerves of the global financial markets. Now that Trump has announced the introduction of a new nominee for The Federal Reserve Board of Governors, it reminds me of the dramatic "Trump vs Powell" showdown in 2018. At that time, Trump had many criticisms of Powell's interest rate hikes, and now he is again criticizing Powell for lowering rates too late. History is always remarkably similar, yet it has subtle differences in the details.
Looking back at the past few economi

#加密货币衍生品交易# Looking back at these years of derivatives trading in Crypto Assets, history keeps repeating itself. Recently, I saw a piece of news about a Whale investor going long on Bitcoin with 5x leverage, achieving unrealized gains of $1.31 million. This reminded me of the crazy bull run at the end of 2017, when many people also bet on Bitcoin futures and ended up making a fortune.
However, everything has two sides. During periods of market frenzy, leveraged trading can indeed bring substantial returns, but the risks are also quite high. Remember the crash in 2018, when many investors fully

#美国经济指标# Looking back in history, the Fed's rate cuts have always been accompanied by significant market fluctuations. This time is no exception. From the latest employment data, there are already clear signs of weakness in the labor market, and the probability of a rate cut in September has surged. However, we need to view this expectation with caution. After all, inflationary pressures still exist, and the Fed has repeatedly emphasized the need to be "data-driven." Historically, the market tends to overinterpret single data points while ignoring other important indicators. Therefore, when ma

#加密货币监管政策# Reviewing the development history of Crypto Assets over the past few decades, regulatory policies have always been a thorny issue. Now seeing South Korean internet giant Kakao establish a special task force for stablecoin, it inevitably reminds people of the situation when Facebook, now Meta, launched the Libra project in 2019. At that time, the strong opposition from regulators around the world ultimately led to the project's failure. However, now that a large company like Kakao is getting involved again, it seems to indicate that the regulatory environment may have eased. Neverthe

#市场情绪和分析# Seeing this news reminds me of the end of the bull run in late 2017. At that time, Bitcoin also quickly fell from its high point, and market sentiment shifted from frenzy to panic in an instant. But the situation now seems a bit different. Although it is indeed affected by multiple unfavourable information factors in the short term, the continuous buying by institutional investors has given the market some support. This reminds me of the pump brought by institutional entry in the second half of 2020.
Based on historical experience, the range of $110,000 to $113,000 is indeed a key su

#美联储政策变化# Looking back at history, changes in Fed policy have always stirred the market's nerves. This time, although the interest rate decision remains unchanged, the dissenting votes from two board members are thought-provoking. It is the first occurrence of this kind in over 30 years; could it be a signal of economic recovery? Or is inflation pressure still present? As someone who has experienced multiple cycles, I tend to view this with caution. After all, every policy shift could trigger a chain reaction.
At the same time, the domestic blockchain sector is quietly undergoing changes. The

#Solana生态系统发展# Looking back at the development journey of the Solana ecosystem, I can't help but feel a surge of emotions. From the initial ambition to the steady progress today, this path has not been easy. Now seeing the Seeker phone start shipping reminds me not only of the ups and downs of the Saga phone back in the day but also fills me with anticipation for the future of the Solana mobile ecosystem.
The pre-order volume of 150k units is indeed encouraging, but whether it can truly open up the Web3 smartphone market will take time to test. The introduction of the SKR token is an interesti

#加密货币投资策略# Looking back at so many years in the crypto market, airdrop strategies have always been a captivating investment direction. Recently, I noticed that Towns Protocol has opened up airdrop qualification queries, which reminded me of some classic cases from back in the day. Do you remember the Uniswap airdrop in 2020? It was truly groundbreaking. However, the methods of airdrops have become increasingly complex now, like how Towns Protocol has added a staking mechanism to enhance distribution quotas this time. This design is quite clever; it can stimulate user participation while also p

#加密货币交易平台业务挑战# Looking back at the development history of encryption trading platforms over the years, I can't help but feel emotional. Bullish's IPO plan aims to raise $629 million, which is a significant move in the industry. I remember when we old-timers were thrilled about raising a few million dollars, and now projects are often in the hundreds of millions. It's truly a remarkable change.
However, the larger the scale of funding, the greater the challenges. Bullish, as a platform under Block.one, has a strong background, but completing an IPO in the current market environment is no easy t

#区块链生态系统发展# Looking back at the past, one can't help but feel a surge of emotions. The ICO feast of 2017 made countless people overnight millionaires, while it shattered the dreams of many others. Now, the encryption stock IPO season is approaching, as if history is repeating itself.
This Forbes article has brought back many memories for me. Back then, blockchain was still a novelty, and everyone wanted a piece of the pie. In hindsight, it seems that the madness of those days was indeed a bit excessive. However, it was that frenzy that laid the foundation for today's encryption ecosystem.
How

#稳定币发展# Reflecting on the wave of financial reforms in the 1980s, one can't help but marvel at how history is always strikingly similar. Back then, the UK seized the opportunity and established the position of London as a financial center. Today, the development of Crypto Assets and stablecoin is akin to the financial innovations of that time, nurturing enormous opportunities.
Seeing the warning from former Chancellor Osborne, I couldn't help but think of the changes in the global Crypto Assets landscape observed over the past few years. The United States, the European Union, Singapore, and ot

#加密货币市场分析# Looking back at the cryptocurrency market over the years, this situation always reminds me of the bull run in 2017. At that time, there were also people jumping around in the market during the rise, fearing they would miss the opportunity. In hindsight, Eugene's perspective makes a lot of sense. The market is indeed not black and white. I have experienced too many ups and downs and know that there are often hidden opportunities in major trends. The price levels of $113,000 for BTC and $3,500 for ETH are indeed worth following. However, investment decisions still need to be made caut

#稳定币市场发展# The recent dynamics of stablecoins in the market are truly remarkable. Looking back, the development of USDT has been quite tumultuous. Who would have thought that when it was first issued in 2014, it would grow to such scale today? In July alone, 6 billion coins were issued, and since the beginning of the year, it has surged by 20 billion USD. Such astonishing expansion speed inevitably reminds people of the frenzy during the previous bull run.
However, what often remains after the sand is washed away is true gold. Tether's ability to stand firm through multiple market cycles relies

#机构投资者加密货币采用# Looking back at the past waves of Crypto Assets investment, this wave of "Decentralization Asset Trust" is indeed thought-provoking. Eugene's view reminds me of the 2017 ICO frenzy, which was also a key moment for institutional funds to flood in. However, the current environment is vastly different, with stricter regulations and a more mature market.
DAT, as an alternative to altcoin ETFs, indeed provides a relatively safe entry point for traditional capital. But I worry that this enthusiasm may lead to excessive speculation. Looking back, many people blindly chased after rising

#Binance Alpha计划# Looking back at the activities of exchanges over the years, the Binance Alpha program really reminds me of some classic cases from the past. The airdrop threshold of 200 points feels familiar. I remember a certain exchange had a similar event in 2018, with a threshold set at 100 Platform Tokens. What was the result? Those who participated early made a fortune, while later participants could only look on in envy.
This model seems fair on the surface, but it actually hides intricacies. Users who laid out early naturally have the advantage, while new users have to put in more ef

#加密资产监管# Looking back over the past few decades, I have witnessed countless changes and upheavals. Now seeing traditional brokerages flocking into the Crypto Assets trading field, I can't help but feel a mix of emotions. From Robinhood taking the lead in experimenting in 2018, to giants like Charles Schwab and Morgan Stanley entering the arena in 2025, this transformation has arrived both slowly and rapidly.
Once upon a time, crypto trading platforms were the absolute protagonists in this emerging market. They defined the rules, controlled the traffic, and dominated the narrative. But now, tra

#法币支持稳定币市值增长# Looking back at the past, I can't help but feel a surge of emotions. The recent news of Tether issuing an additional 6 billion USDT reminds me of the time when stablecoins were just emerging a few years ago. Back then, the market was full of doubts about fiat-backed stablecoins. Who would have thought that today the Circulating Supply of USDT has already surpassed 157 billion USD?
In just half a year since the beginning of the year, the total Circulating Supply of USDT has increased by 20 billion USD, which is indeed an astonishing growth rate. Looking at the US Treasury bonds he

#Binance Alpha积分计划# Looking back at the experiences in the crypto world over the years, I have witnessed the rise and fall of countless projects. Now seeing Binance launch the Alpha points program makes one ponder. This points incentive model is actually not new; similar programs were introduced by exchanges as early as 2017. However, as the leader of the industry, Binance's influence is undoubtedly remarkable.
The 200-point threshold and 750 AIO airdrop this time can be considered a return for old users. However, from historical experience, such airdrops often only last for a short time and a