The Great Unveiling of the Crypto World 2025!
• Russia Makes a Bold Move: In March, it announced the allowance of limited cryptocurrency purchases, igniting market enthusiasm! Putin's strategy is interpreted as a key breakthrough against Western sanctions, with foreign trade settlements and the legalization of mining making Russia a new "crypto-friendly country".
• EU Eases Stablecoin Regulations: In June, the MiCA amendment was passed, allowing compliant stablecoins like USDT and USDC to be freely exchanged, slashing transaction fees by 80%! However, the European Central Bank warns, "Don’t let dollar stablecoins overshadow the euro," as regulatory tensions simmer beneath the surface.
$14.4 billion net inflow into spot ETFs in the first half of the year.
📈 Market Plays Out a Heart-Pounding Drama
• Bitcoin Peaks and Retraces: In May, it reached an all-time high of $112,000, but fell back to $109,000 on July 7, with a daily fluctuation exceeding $10,000! Standard Chartered predicts it could surge to $200,000 by the end of the year, but retail investors should be cautious—over 90,000 people faced liquidation on July 2, resulting in $201 million evaporating.
• Ethereum Quietly Gathers Strength: Prices stabilize around $2,500, developer activity surges, and DeFi locked value returns to $50 billion. XBIT Exchange collaborates with Ethereum to launch zero-knowledge proof technology, with transaction fees 80% lower than traditional exchanges, and cross-chain BTC/ETH exchanges settle in seconds.
• Altcoins Experience a Rollercoaster: AI-themed tokens surged 300% in a day, but incidents of meme coin rug pulls (where project teams abscond with funds) are frequent. XBIT innovatively introduces a "on-chain monitoring + community voting" mechanism, directly banning 127 fraudulent projects, becoming a savior for retail investors.
Celebrity Effects Stir the Scene
• Musk Establishes the American Party: On July 6, he announced the formation of a new political party, raising market fears that political uncertainty caused a short-term drop of 3% in Bitcoin. However, he sold 50,000 BTC only to later increase his holdings in Dogecoin, leading to accusations of "unprincipled profit-taking".
• CZ of Binance Stirs Things Up: Binance’s Q2 spot trading volume reached $2.2 trillion, capturing a market share of 40.7%! However, it has been targeted by the US SEC, which accused it of "illegally operating derivatives". CZ urgently launched a $1 billion user protection fund to stabilize the situation.
• Institutions Stealthily Accumulate: The number of Bitcoin reserve companies surged from 87 at the beginning of the year to 135, with publicly traded companies like MicroStrategy and Metaplanet hoarding coins. BlackRock quietly increased its ETH holdings, surpassing Coinbase, have you understood this move?
