#机构投资者进入加密市场 Looking back, as seasoned players in the capital markets, we’ve always loved to analyze big trends. The recent speech by the US SEC Chair at the New York Stock Exchange, outlining the future vision of the US capital markets, truly piqued my interest. The 250th anniversary is a significant milestone, and I believe the SEC will have some new insights to share.
Over the past few years, I’ve watched the ups and downs of the crypto market clearly. From being marginalized at the beginning to gradually gaining mainstream acceptance, the changes have been substantial. The trend of instit

#加密货币监管进展 Looking back at the development of cryptocurrencies, regulation has always been a challenging issue. Japan's decision to reduce the crypto profit tax this time reminded me of their pioneering move in 2017 to recognize Bitcoin's legal status. That caused quite a stir back then! However, this tax reform is a significant step forward compared to those days. Dropping from 55% to 20%, that's no small change. It seems the Japanese government is genuinely eager to support this industry.
Such policy changes often signal the arrival of a new bull market. Back in 2017, after Japan recognized

Looking back, this situation feels familiar. The OECD forecasts that the Federal Reserve will gradually cut interest rates to between 3.25% and 3.5%, which reminds me of the days after the 2008 financial crisis. At that time, under economic pressure, the Federal Reserve had to adopt an easing policy.
Now it seems that history always repeats itself in new ways. CME data shows an 87.6% probability of a 25 basis point rate cut in December, indicating market expectations for rate cuts are so strong. This makes me think of the scenario after the dot-com bubble burst in 2000, when expectations for r

#机构投资者入场 Reflecting on the rise and fall of projects over the years, I can't help but feel that institutional investors' entry indeed brings significant impact to the industry. Take MicroStrategy as an example; its massive Bitcoin reserves once caused concern among many. However, a closer look at its financial situation reveals that such worries are unnecessary. The company has ample cash on hand, no significant short-term debt pressures, and more importantly, its leadership's firm belief in Bitcoin. This reminds me of past bull and bear cycles; whenever the market is turbulent, some people a

#美国加密货币监管发展 Looking back at the development of cryptocurrency regulation in the United States, I can't help but feel a mix of emotions. From the initial indifference to the subsequent strict crackdown, and now to the gradually clarifying regulatory environment, the journey has been full of ups and downs. Seeing Ripple's CEO so optimistic about the future price of Bitcoin is still quite reassuring.
By the end of 2026, Bitcoin is predicted to reach $180,000. Although this forecast sounds somewhat bold, upon closer consideration, it is not entirely impossible. After all, as regulations become cl

#比特币价格预测 Looking back on the price trends of Bitcoin over the years, it has been full of ups and downs, with dramatic fluctuations. Recently, it once again broke through $90,000, reminding me of the crazy bull market in 2017. However, this time feels a bit different; major institutions are finally beginning to take Bitcoin seriously.
Pioneer leading this old stubborn institution has actually relented, allowing clients to trade Bitcoin ETFs. Bank of America even suggested that clients with high risk tolerance could allocate 1%-4% of their assets to digital assets. This was almost unimaginable

#比特币现货ETF Looking back on the ups and downs of the crypto market over the years, Wolfe Research's latest analysis report has made me reflect. They believe that now is a good time to buy on dips, which reminds me of the bull market peaks in 2017 and 2021. Every time there is a major rally and correction, someone shouts "opportunity is here," but how many actually seize the chance?
The Bitcoin bottom is projected at $75,000, which is quite surprising. I remember at the end of 2017, we were celebrating Bitcoin reaching $20,000. In just a few years, market perception has undergone a dramatic chan

#比特币ETF资金流入 Looking back at history, it is not difficult to see that the significance of this institutional attitude shift is profound. Pioneer leading the way, once a crypto skeptic, now opens Bitcoin ETF trading; Bank of America also recommends moderate allocation of digital assets, which reminds me of the scene in 2017 when institutions entered the market. At that time, it was also a process from skepticism to acceptance, but the scale and influence were far less than they are now.
This change reflects the market’s growing understanding of digital assets. From being purely speculative inst

#美联储货币政策 Reflecting on the changes in Federal Reserve monetary policy, one cannot help but feel that the market is always repeating history. The current situation reminds me of the aftermath of the 2008 financial crisis. At that time, the Federal Reserve also faced the dual challenges of leadership changes and policy adjustments. Now, we see a similar script playing out again.
Hassett may become the next Chair, which could mean a more dovish monetary policy. History shows us that policy shifts are often accompanied by market volatility. Bitcoin is currently consolidating around $90,000, but t

#比特币技术分析 Looking back on more than ten years of Bitcoin development, I can't help but feel that the market is always cyclical. Tom Lee predicts that Bitcoin could surge to $250,000 within a few months, which reminds me of the frenzy among analysts during the 2017 bull market. At that time, some also predicted Bitcoin would break through $100,000, but it ended up topping out near $20,000 and then falling back.
However, this time might truly be different. Institutional funds are entering on a large scale, and the regulatory environment is gradually becoming clearer. The approval of Bitcoin ETFs

#加密预测市场发展 Watching the fluctuations in Bitcoin price predictions on Polymarket inevitably makes me recall the ups and downs of the past years. The bull market frenzy in 2017, the cold winter of 2018, and the rally again in 2021—each major cycle has its own prediction market.
Now, everyone is speculating whether Bitcoin can break through the $100,000 mark. History tells us that market sentiment is always volatile. Just yesterday, the bearish sentiment below $80,000 was dominant; today, the optimistic side has taken the lead again. Isn’t this the norm in the crypto market?
Looking back at past

#代币销售与分发 Looking back on the past, I can't help but feel a surge of emotions. I remember the 2017 bull market, when token sales and distributions became the market focus, and various projects emerged like mushrooms after rain. Now, seeing the prediction markets Kalshi and Polymarket with nearly one billion dollars in trading volume in November, I can't help but recall the glory days of ICOs back then.
At that time, project teams often designed complex token allocation schemes to attract investors. Some used tiered pricing, some combined private and public sales, and others played with lotteri

#加密货币监管政策发展 Looking back, the development of cryptocurrency regulatory policies has been full of ups and downs. Now seeing Entrée Capital launch a new $300 million fund to invest in Web3 infrastructure, I can't help but think of the scene from ten years ago when Bitcoin was just emerging. At that time, governments around the world were still exploring how to respond to this new phenomenon, and regulation was almost nonexistent. Today, we are witnessing a more mature policy framework gradually taking shape.
This massive investment targets projects that can operate within the existing regulator

#Jupiter预测市场发展 Looking back on the development history of prediction markets over the years, projects like Jupiter have indeed brought hope. But now, regulatory actions in Connecticut against platforms like Kalshi and Robinhood remind us of those fleeting projects that vanished quickly. Regulation has always been a major challenge in this field, with early projects like Augur and today’s Polymarket facing similar difficulties. However, after each storm, the industry always finds new ways forward. This time may also be an opportunity to promote greater standardization and legalization of predi

#比特币价格走势 Reflecting on Bitcoin price movements, I am filled with emotion. Since its inception in 2009, it has experienced numerous ups and downs. Currently, Polymarket predicts a 51% chance of rising again to $100,000 this year, which reminds me of the 2017 bull market. Back then, everyone was shouting $100,000, but the price only reached around $20,000 before falling back. History is always astonishingly similar, and market sentiment is no exception.
However, the current market environment is significantly different. Institutional entry, clearer regulations, and Bitcoin ETFs are on the horiz

#稳定币市场动态 Years pass like white horses, and before we know it, the turbulence in the stablecoin market has reignited. The story of Huiwang Pay feels as if it just happened yesterday. Looking back to the collapse of LUNA and the de-pegging of UST, countless people saw their dreams shattered in the clouds. Now, it seems history is repeating itself, only with different protagonists.
Looking at the on-chain data, USDT balances have fallen from a peak to a trough, with user withdrawals gradually tightening, leaving only 990,000 remaining. Such a scene is very similar to the collapse of the Terra ec

Looking back on the past, I am filled with deep emotions. The news that the Bank of Japan might raise interest rates by 25 basis points this time reminds me of the Fed's monetary policy shift back in the day. At that time, the market was also in an uproar, and many people thought it was impossible. But history always repeats itself in astonishing ways, with cycles constantly recurring.
From the 1980s to now, I have witnessed many major turns in monetary policy. Each time, it triggers market turbulence, but ultimately the economy always adapts to the new normal. If the Bank of Japan actually ra

Looking back on the recent years of the crypto world, He Yi's insights are truly thought-provoking. The market changes so rapidly that even we seasoned veterans are starting to struggle to keep up. The old "four-year cycle" theory now seems to be less effective. Large capital inflows are quietly changing the game rules.
I still remember the crazy scenes when Bitcoin's price soared from a few dollars to hundreds of dollars. Who would have thought back then that it would become a mainstream asset today? The fluctuations now seem minor compared to those days. But perhaps that's a good thing—marki

#稳定币发展 Looking back at the development history of stablecoins, from the initial USDT to the various forms emerging today, each step carries the evolution of blockchain finance. Taiwan's upcoming launch of a regulated stablecoin is undoubtedly another milestone in this process. The end of 2026 coincides with the upward phase of the next cryptocurrency cycle, and the timing can be said to be perfect.
However, balancing regulation and innovation has always been a challenge. From past experience, excessive regulation may stifle innovation, while insufficient regulation could trigger systemic risk