CryptoEconomy

The number of millionaires worldwide has hit 60 million adults — a new milestone in global wealth growth.
Leading the pack are the United States, China, and France, which together account for over half of all millionaires on Earth. 🇺🇸🇨🇳🇫🇷

Here’s the 2025 breakdown of millionaire counts (in USD):

🇺🇸 United States — 23,831,000
🇨🇳 China — 6,327,000
🇫🇷 France — 2,897,000
🇯🇵 Japan — 2,732,000
🇩🇪 Germany — 2,675,000
🇬🇧 United Kingdom — 2,624,000
🇨🇦 Canada — 2,098,000
🇦🇺 Australia — 1,904,000
🇮🇹 Italy — 1,344,000
🇰🇷 South Korea — 1,301,000
🇳🇱 Netherlands — 1,267,000
🇪🇸 Spain — 1,202,000
🇨🇭 Switzerland — 1,119,000
🇮🇳 India — 917,000
🇹🇼 Taiwan — 759,000
🇭🇰 Hong Kong — 647,000
🇧🇪 Belgium — 549,000
🇸🇪 Sweden — 490,000
🇧🇷 Brazil — 433,000
🇷🇺 Russia — 426,000
🇲🇽 Mexico — 399,000
🇩🇰 Denmark — 376,000
🇳🇴 Norway — 348,000
🇸🇦 Saudi Arabia — 339,000
🇸🇬 Singapore — 331,000
🌐 Rest of World — 2,665,000

Total: 60,000,000 millionaires worldwide. 💎

Wealth continues to concentrate in major economies — but with crypto and digital assets reshaping financial systems, the next millionaire wave might not come from Wall Street… it might come from Web3. ⚡️

#GlobalWealth #CryptoEconomy #BTC

The Hemi Token (HEMI) economy is designed for sustainability, fairness, and growth. Its model blends deflationary supply mechanics with strong ecosystem incentives to ensure long-term adoption.

📊 Supply Overview
Total Supply: 1,000,000,000 HEMI
Distribution:

40% Ecosystem Rewards

20% Liquidity & Exchanges

15% Core Development

15% Treasury & DAO

10% Strategic Partners


🔥 Deflationary Design
Every on-chain operation triggers a small burn fee, gradually reducing circulating supply. Staking HEMI also removes tokens from circulation, securing the network while increasing scarcity.

⚙️ Utility in Ecosystem

Gas Token: Powering all Hemi-based operations

Governance: Voting in Hemi DAO

Staking Rewards: Incentivizing validators and liquidity providers

Collateral Asset: Used in Hemi’s lending pools


🌠 The Hemi tokenomics model ensures a self-sustaining economy that rewards active participation and promotes long-term stability.

#Tokenomics #HEMI #CryptoEconomy @Hemi $HEMI #staking

The mid-term election has turned Argentina into a rocket, propelled by the overwhelming victory of pro-crypto and pro-market Javier Milei. Markets reacted like degens who found the next 100x: stocks mooning, bonds in massive pump, and the Peso (ARS) sending its biggest rally in 30 years!
A Result that shook the Charts
On Monday, Argentina experienced the kind of "buy signal" that is rarely seen. After the victory of President Javier Milei, the markets had their biggest rally in a decade.

In the ever-changing landscape of cryptocurrency, few stories capture the world’s attention quite like the tale of China and its ongoing relationship with Bitcoin mining. The country that once dominated global hashrate, then seemingly disappeared from the scene after a sweeping government ban, is now quietly returning to the stage. New data shows that China has once again become the third-largest Bitcoin mining hub on the planet, contributing an estimated fourteen percent of global hashrate. This comeback is not marked by loud announcements or policy shifts, but by the quiet hum of machines in remote facilities scattered across the country. It is a revival that reveals both the resilience of Bitcoin’s decentralized design and the powerful economic logic that continues to pull miners back despite political barriers.
To understand how this happened, one must first revisit the events that led to China’s initial withdrawal. In 2021, the Chinese government initiated a nationwide crackdown on cryptocurrency mining, citing concerns over financial stability, environmental strain, and the potential use of crypto in illicit activities. The ban was comprehensive and far-reaching. It forced major mining farms to shut down, led to mass relocations of hardware, and seemingly ended China’s long reign as the world’s dominant mining center. The hashrate distribution changed dramatically, with the United States, Russia, and Kazakhstan taking the lead as miners sought friendlier regulatory environments. For a while, it appeared that China’s influence on Bitcoin’s infrastructure had been severed.
However, the reality on the ground turned out to be much more complex. Bitcoin mining, by its very nature, is a decentralized activity that thrives wherever there is access to affordable energy and willing participants. Completely eradicating it in a nation as vast and resource-diverse as China was always going to be difficult. Beneath the surface of official policy, a new kind of mining ecosystem began to take shape. This new wave of miners was smaller, more discreet, and far more distributed than before. Gone were the massive industrial-scale data centers that once made headlines. In their place emerged clusters of smaller facilities operating under the radar, often in remote areas where local authorities had little incentive to enforce the ban aggressively.
Xinjiang has once again become the focal point of this quiet revival. The region’s unique combination of cheap energy, vast land, and existing infrastructure makes it an ideal environment for mining operations. Even after the 2021 crackdown, much of the hardware and logistical capacity remained in place. Local suppliers, repair technicians, and logistics operators who once serviced large-scale mining farms found ways to adapt their business models. Instead of catering to huge centralized operations, they began supporting smaller, distributed clients. These small clusters are difficult to track and even harder to eliminate because they blend into the broader industrial landscape of the region.
The incentive for local governments to tolerate such activity is also significant. In areas struggling with economic slowdowns, mining can provide much-needed revenue and energy consumption stability. The energy grids in regions like Xinjiang and Sichuan often produce surplus power during certain seasons, especially from coal and hydroelectric sources. Allowing miners to use that surplus power brings in money and reduces waste. Even though the central government continues to officially prohibit crypto mining, enforcement remains inconsistent across provinces. This uneven implementation creates pockets of opportunity for those willing to take the risk.
What makes this story even more fascinating is how it demonstrates the deep integration of Bitcoin into the global economic system. Despite all efforts to suppress it, Bitcoin mining continues to adapt and survive, reshaping itself around regulatory constraints. The data from Luxor Technologies confirms that China’s hashrate contribution has climbed back to around 145 exahashes per second, roughly fourteen percent of global total. In other words, China is once again one of the backbone contributors to Bitcoin’s network security.
The broader implication of this development is profound. It highlights how decentralized systems like Bitcoin are inherently resistant to central authority. While governments can make participation difficult, they cannot erase the fundamental incentives that drive it. As long as Bitcoin remains valuable and mining remains profitable, individuals and enterprises will find ways to participate, even under restrictive regimes. This resilience is part of what makes Bitcoin unique and, to some extent, unstoppable.
Bitcoin’s overall global hashrate recently reached an all-time high of more than one thousand one hundred exahashes per second. This figure represents not only the massive computational power securing the network but also the collective confidence of miners worldwide. High hashrate levels are generally seen as a sign of a healthy and secure network, reflecting optimism about Bitcoin’s long-term prospects. With China contributing a significant portion once again, the network’s global distribution remains robust and diversified, ensuring that no single country holds dominant control.
At the same time, the price of Bitcoin continues to hold strong. Trading around one hundred eleven thousand dollars at the time of reporting, Bitcoin’s resilience mirrors that of its miners. Even in the face of regulatory challenges, rising energy costs, and global market volatility, the ecosystem continues to grow. Many analysts believe that the return of Chinese miners has actually strengthened the network’s fundamentals by reintroducing competition and decentralization into the mining landscape.
The Chinese mining community’s quiet reorganization offers several insights into how global Bitcoin mining may evolve in the coming years. First, it shows that decentralization is not merely a philosophical concept but an operational reality. When forced underground, miners found new ways to distribute their equipment, split operations, and mask energy usage. Some reports suggest that miners now operate in rotating patterns, frequently moving hardware between locations to avoid detection. Others have integrated renewable energy sources such as small-scale hydropower or solar microgrids, further diversifying their power inputs and lowering their visibility.
Second, the resurgence underscores how difficult it is to suppress technological and economic innovation when strong incentives are at play. Bitcoin mining remains a lucrative business, particularly for those with access to low-cost electricity. The combination of steady Bitcoin price growth and improved mining efficiency through new ASIC technologies makes participation attractive even under risky conditions. In many parts of China, the infrastructure and expertise for large-scale mining never truly disappeared. They merely went dormant, waiting for the right moment to reactivate.
The logistics chain around mining in China also remains deeply entrenched. From ASIC manufacturing to cooling systems, spare parts, and software optimization, Chinese companies have maintained a key role in global supply networks. Major equipment suppliers continue to serve international clients while quietly supporting domestic operators through indirect channels. This dual role allows China to maintain technological leadership even while appearing to step away from the front lines of mining activity.
Internationally, China’s return adds a layer of complexity to global mining geopolitics. The United States continues to lead in total hashrate share, followed by Russia. Both countries have benefited from China’s previous retreat, attracting displaced miners with lower regulatory risks and growing institutional support. However, with China’s reemergence, the balance of power in global Bitcoin mining is once again shifting. While the Chinese government has not altered its anti-crypto stance, the practical enforcement gap is wide enough to allow underground mining to flourish.
Some observers interpret this situation as an example of pragmatic coexistence between state policy and local economic realities. The central authorities maintain an anti-crypto narrative to protect financial control and minimize systemic risk, while local administrations quietly benefit from the continued inflow of capital generated by miners. This unspoken understanding keeps the system functioning without formal recognition. It also demonstrates how decentralized technologies can exist in parallel with centralized governance, each influencing the other in subtle ways.
Beyond the borders of China, this revival has important implications for Bitcoin’s long-term resilience. The ability of miners to adapt and reappear in restrictive environments strengthens the argument that Bitcoin cannot be easily controlled by any single government. Its economic logic is too compelling and its network too global to be confined within regulatory boundaries. This characteristic has been tested multiple times in Bitcoin’s history, and each time the network has emerged stronger.
From a market perspective, miner activity often serves as a forward indicator of sentiment. When miners expand operations or sustain high hashrate levels, it usually signals confidence in future price appreciation. The fact that Chinese miners are returning, even under regulatory pressure, suggests a bullish outlook within the community. Many miners see long-term value in continuing their operations, believing that the next phases of Bitcoin’s growth will justify current efforts and risks.
There is also a technological dimension to this comeback. The mining hardware used today is far more efficient than the rigs deployed in 2019 or 2020. Advanced ASICs deliver significantly higher performance per watt, allowing miners to remain profitable even with tighter margins. This hardware evolution benefits underground operators in particular, as they can produce competitive output with smaller and less detectable setups. It also reduces the overall environmental footprint per unit of computation, countering one of the key criticisms often raised against Bitcoin mining.
Environmental concerns remain central to the discussion around mining in China. The government’s initial crackdown in 2021 was partly motivated by its commitment to achieving carbon neutrality goals. Yet, the reemergence of small-scale mining operations may actually represent a less environmentally harmful model. Many of the new operations utilize stranded energy or surplus hydroelectric power that would otherwise go unused. By channeling this energy into mining, these setups improve efficiency at the grid level while generating income. This decentralized energy utilization model is increasingly seen as a potential path forward for sustainable mining worldwide.
In this light, China’s quiet mining revival is not only an economic story but also a case study in adaptive innovation. It showcases how individuals and small businesses respond to regulatory constraints by becoming more agile, more distributed, and more efficient. This grassroots adaptation aligns closely with Bitcoin’s original philosophy of decentralization, where control is spread among countless participants instead of concentrated in a few hands. It is an irony that the attempt to suppress mining has ended up accelerating its decentralization within China’s borders.
Another layer of intrigue comes from how this phenomenon interacts with global supply chains. Chinese miners continue to have access to the latest mining equipment, sometimes even ahead of international competitors. This early access gives them an efficiency advantage, which can offset the higher risks they face domestically. In turn, this reinforces China’s role as both a technological hub and a hidden operational center for Bitcoin’s infrastructure.
The financial performance of miners in China also benefits from local conditions. Electricity prices in certain regions remain extremely competitive, particularly in industrial zones with excess production. Even a small differential in cost per kilowatt-hour can make a large difference in profitability. Combined with cheaper hardware acquisition and local support networks, Chinese miners are able to maintain margins that would be difficult to achieve in many Western markets.
This economic logic also explains why enforcement remains selective. Completely eradicating mining would require dismantling an entire ecosystem that contributes to local economies in indirect ways. It would also cut off potential sources of income and technological advancement in energy management, cooling systems, and digital infrastructure. As a result, authorities appear to prefer maintaining the appearance of control while quietly allowing limited activity to continue in the shadows.
For global observers, this dynamic serves as a reminder of how adaptable the crypto ecosystem truly is. Bitcoin has faced bans, restrictions, and opposition across multiple countries, yet each time, it has found new pathways for growth. Its decentralized design ensures that as long as there is one region or community willing to support mining, the network survives. In fact, such geographic shifts often make the system more resilient by spreading risk and diversifying participants.
China’s contribution of fourteen percent to global hashrate might not sound dominant compared to its pre-2021 levels, when it once controlled over sixty percent of the network. Yet, the significance lies not in the absolute number but in what it represents. It shows that despite a comprehensive government ban, Bitcoin mining in China never truly died. It went underground, transformed, and reemerged in a form that is leaner, smarter, and more resistant to interference. This transformation is a testament to both the ingenuity of Chinese miners and the enduring allure of Bitcoin’s open economic model.
Looking ahead, the interplay between regulation and resilience will continue to define the future of mining in China. Global trends such as the rise of renewable energy, improvements in mining efficiency, and the growing acceptance of Bitcoin as an institutional asset may all influence how Chinese miners operate. Some experts believe that over time, the government’s stance could soften, especially if it finds a way to integrate mining within its broader energy and technology goals. Others argue that the current gray-zone approach serves both sides well, maintaining political control while allowing economic benefits to flow quietly.
Regardless of how the policy evolves, one fact is clear. China remains a critical node in the global Bitcoin ecosystem. Its combination of infrastructure, energy capacity, and technical expertise ensures that it will continue to play a role, whether officially acknowledged or not. The story of Chinese mining is not one of disappearance but of adaptation and persistence. It is a reminder that Bitcoin, as a decentralized system, thrives on precisely this kind of flexibility.
At a deeper level, this resurgence raises philosophical questions about the nature of control in the digital age. When a technology is truly decentralized, can any government ever fully suppress it? Bitcoin’s existence in China suggests that the answer is no. Regulations can make it harder to participate, but they cannot erase the incentives that underpin the system. As long as there are economic advantages and access to energy, mining will persist, even if it must do so quietly.
The reemergence of Chinese miners also has a stabilizing effect on the global network. With more participants contributing to hashrate from different jurisdictions, Bitcoin becomes harder to attack or manipulate. This dispersion strengthens its claim to being the most secure and censorship-resistant financial network ever created. In this sense, China’s underground miners are inadvertently contributing to a global public good, reinforcing a system that transcends borders and politics.
At the macroeconomic level, Bitcoin’s ability to attract participants under restrictive environments highlights its role as a truly neutral financial protocol. It operates beyond ideology or geography, driven purely by code and incentive. For many miners in China, Bitcoin represents not rebellion but opportunity—a way to leverage local resources and expertise in a global marketplace. This pragmatic perspective helps explain why mining continues to find a foothold even where it is officially unwelcome.
As global markets watch Bitcoin’s price stabilize above six figures, confidence among miners remains high. The expanding hashrate, now at record levels, reflects a collective belief in the long-term sustainability of the network. The return of Chinese miners only amplifies that sentiment. It shows that even in one of the most restrictive policy environments, the economic gravity of Bitcoin is too powerful to ignore.
The broader lesson is clear. Bitcoin’s growth is not merely a financial story. It is also a story about human behavior, innovation, and persistence. People will always find ways to align with systems that reward efficiency, transparency, and freedom of participation. China’s quiet mining comeback is one more chapter in this ongoing evolution. It demonstrates how deeply intertwined Bitcoin has become with the global economy, and how impossible it is to isolate from it.
In the end, the revival of mining activity in China is less about defiance and more about inevitability. Energy seeks utilization, hardware seeks deployment, and capital seeks yield. Bitcoin mining sits at the intersection of all three. As long as those fundamentals exist, no ban can permanently erase the incentive to participate. What we are witnessing today is not the return of the old mining empires of 2019, but the rise of a new, more sophisticated ecosystem that operates quietly, efficiently, and persistently.
China may have stepped back from the spotlight, but its influence continues to shape the contours of Bitcoin’s infrastructure. Its miners, whether acknowledged or hidden, remain among the most experienced and technically skilled in the world. Their silent work keeps contributing to the strength and security of a network that spans continents and defies control. In every block mined and every hash computed, there is a reminder that Bitcoin’s power lies not in any one nation’s approval, but in the collective participation of countless individuals across the globe.
The story of China and Bitcoin mining is, in many ways, a mirror of the broader relationship between technology and authority. It reflects how innovation often thrives in the gaps between rules, how economic incentives drive persistence, and how decentralization transforms resistance into resilience. As Bitcoin continues its journey toward becoming a universal digital asset, the quiet hum of machines in the far corners of Xinjiang and Sichuan stands as proof that the network’s heartbeat cannot be silenced.
China’s quiet reemergence as a mining powerhouse reveals the true essence of Bitcoin’s design. It was built to withstand pressure, adapt to change, and endure through uncertainty. The miners who keep the network alive, whether in regulated data centers or hidden warehouses, embody that spirit of endurance. Together, they form the foundation of a financial system that operates without borders, without permission, and without fear of extinction. And as long as that foundation remains strong, Bitcoin will continue to thrive, no matter where the machines are plugged in.
#bitcoin #MarketRebound #BinanceSquare #CryptoEconomy

The Federal Reserve (Fed) of the U.S., through its governor Christopher Waller, has proposed that stablecoin issuers (and crypto payment companies) could access the Fed's payment system more directly, without having to rely completely on intermediary banks.


🔍 What has been proposed exactly?

In a speech during the Fed's payments innovation conference, Waller explained that Fed staff is exploring the idea of a 'payment account' or 'skinny master account' that would allow entities that normally cannot open a master account at the Fed (such as stablecoin issuers, fintechs) to access the Fed's payment system under limited conditions.

In 2024, the Nobel Memorial Prize in Economic Sciences was awarded to Daron Acemoglu, James Robinson, and Simon Johnson 🏆. Their research on the impact of institutions on well-being was a real breakthrough. But what particularly caught the attention of the crypto community? 👀

📖 In their book Power and Progress, Acemoglu and Johnson explore the role of Web3 and artificial intelligence as new economic actors. Key points:

@Polygon
Polygon is entering a new era — one defined by **scalability, sustainability, and unified governance** — all powered by its next-generation token, **POL**. Designed as the successor to MATIC, POL represents more than just a token upgrade; it’s the core of a complete transformation in how the Polygon ecosystem functions, grows, and governs itself.

From MATIC to POL — A Shift Toward Unity and Expansion

MATIC played a crucial role in making Polygon one of the most widely adopted blockchain networks in the world. But as the ecosystem expanded — with multiple chains like **Polygon PoS**, **zkEVM**, and **Supernets** — the need for a **single, unified token model** became clear. POL answers that need by becoming the **governance, staking, and reward layer** for the entire Polygon 2.0 architecture.

This evolution ensures that instead of fragmented systems, Polygon now operates as a **coordinated network of interconnected chains**, all secured and managed through POL. It brings cohesion to the growing ecosystem — making it more efficient, transparent, and community-driven.

A Token Designed for the Next Generation of Web3

POL isn’t just about governance — it’s built to **fuel growth and innovation** across the entire network. Holders can stake POL to help secure multiple chains simultaneously, earning rewards while supporting network stability. This **multi-chain staking model** is one of Polygon’s most advanced innovations, allowing validators to participate across different layers without compromising efficiency.

In addition, POL empowers **decentralized governance**, enabling the community to play a direct role in shaping protocol upgrades, treasury decisions, and ecosystem priorities. This means Polygon’s evolution won’t depend on a central authority — it will be guided by its users, builders, and stakeholders.

Driving Growth Through Sustainable Economics

At the heart of POL’s design is a **sustainable token economy** that balances incentives with long-term health. Unlike inflationary models that dilute value, POL’s framework emphasizes **earned rewards through real contribution** — staking, validation, and ecosystem participation.

By aligning economic incentives with performance, POL ensures that every participant — from validators to developers — benefits from the network’s success. This creates a self-sustaining cycle of growth, innovation, and decentralization.

Why POL Matters for the Future of Polygon

POL is more than a new token — it’s the key to **Polygon’s unified governance and growth strategy**. It turns a once single-layer scaling solution into a **multi-layered, interconnected ecosystem**, where every chain contributes to the strength of the whole.

As Web3 matures, the need for scalable, interoperable, and community-led infrastructure will only increase. With POL at its core, Polygon is ready to lead this evolution — not just as a blockchain network, but as the **economic and governance backbone of the decentralized internet**.

✨ #Polygon #Web3 #defi #CryptoEconomy $POL