On October 19, $BNB Chain announced that it had burned 1.646 million BNB tokens, worth approximately $1.2 billion. I checked the supply data: this planned burn alone accounted for 99.5% of the net supply decline between the latest two burn announcements.
Its reported total supply fell from 133.166 million after the July burn to 131.512 million after the October burn—a net decrease of approximately 1.654 million. The latest quarterly burn accounts for nearly all of this decline.
The burn mechanisms matter. The quarterly Auto-Burn mechanism determines the amount to be burned based on the price of BNB and block production; in addition, the BEP-95 mechanism burns a portion of the gas fees users pay.
This is a supply-reduction measure. There are indeed fewer tokens in circulation; the question to watch next is whether users are putting the remaining tokens to greater use. #bnb #BNBChain #TokenBurn
$BTC The more the market stagnates, the more you should avoid using leverage.
The width of Bitcoin’s daily Bollinger Bands has contracted to an extreme level not seen in nearly two and a half years.
Historically, when this happens:
In 2018, after volatility hit an extreme low, BTC plunged about 41% in two weeks.
This May, BTC fell from around $82,000 to below $58,000; in August, it staged another rally of more than 35%.
BTC is currently seesawing around $80,000, while futures open interest is also low. Next, keep an eye on support at $80,000 and resistance at $85,000, and watch for genuine buying to follow through if the price breaks out.
Manage your position size, reduce leverage, keep some cash on hand, prepare for the unexpected, and leave yourself room to maneuver. I’ll keep monitoring the situation and share updates as they come! #BTC #Bitcoin
Everyone is waiting for the S&P 500 to plunge 20% before declaring a bear market. But many individual stocks may have already completed a correction.
On October 19, the S&P 500 closed at 7,690.73. Morgan Stanley noted that since mid-August, quality stocks have risen about 6%, while the equal-weight S&P 500 has fallen about 4%. The index’s performance masks an internal correction. What’s really worth watching is whether heavyweight stocks now catch down or lagging stocks catch up.
Trading focus: Compare the relative performance of $SPY and $RSPG.ETF , the percentage of constituents trading above their 200-day moving averages, and earnings expectations for leading tech stocks.
When market breadth continues to recover and the equal-weight S&P 500 starts to outperform, it may signal that the internal correction is over.
A new rally is about to begin! #SPY #S&P500Breaks7800ForTheFirstTimeAndHitsRecordHigh
#韩国KOSPI指数跌超2% The biggest bullish signal for U.S. stocks right now is that so many people are convinced the AI bubble is about to burst.
Open the news, and everyone is analyzing $NVDA valuations and predicting a tech-stock crash.
But let me ask you this: when has a crazy bull market in history ever ended while everyone was still on their guard?
In 1996, Greenspan warned of “irrational exuberance,” but the Nasdaq didn’t peak until 2000.
Spotting a bubble early is useless—you have to pinpoint the top to be impressive, and nobody can do that. What we should really worry about is that people all over the world shouting about an AI bubble will finally lose patience and go all-in on the long side. #NVDA
#MSTR Last week, for every $1 Strategy spent buying Bitcoin, it spent nearly $9 buying back preferred stock. Even Saylor’s “Bitcoin accumulation machine” has “maintenance costs.”
Between October 12 and 18, the company bought $22.1 million worth of Bitcoin and repurchased $193.1 million worth of STRC, its dividend-paying preferred stock.
At the current 12% dividend rate, the shares repurchased represent roughly $23.3 million in annual dividend payments. While the rate may change, this calculation shows that the company has eliminated an ongoing cash obligation.
The details of where the money came from are worth noting: nearly all the funds used to buy Bitcoin came from newly issued MSTR shares, while the stock buybacks drew on the company’s existing cash reserves.
As common shareholders absorb equity dilution, Strategy has also reduced preferred shareholders’ claim on the company’s profits through dividends. This may be a smart way to manage capital: paying cash upfront to reduce future dividend payments can give the company more room to operate—even though that cash can no longer be used to buy Bitcoin.
MSTR shareholders own both the Bitcoin and the “financing machine.” If you value the company by counting only the Bitcoin and ignoring the machine’s operating costs, you’re effectively leaving out necessary expenses.
The cruelest class divide of the future: your children are replaced by machines, while other people’s children inherit them.
Musk has promised that in 2027, he’ll give every American child one share of SpaceX from his own holdings. How exactly it will be distributed hasn’t been announced.
If he really follows through, I’d be willing to call him a “beacon of humanity” for it.
One share won’t change anyone’s fate, but this is a cause worth fighting for: children from ordinary families shouldn’t just be taught how to adapt to technological progress—they should also have the chance to own technology and share in its rewards.
Otherwise, even if productivity increases a hundredfold, the only thing they’ll inherit is still their parents’ advice: “Get a job.” #SPCX
Breaking: Bitcoin has now closed above its 50-week moving average for the fifth consecutive week.
$BTC has just reclaimed $83,000, while $ETH is now trading near $2,450 after $130 million in long and short positions were liquidated over the past 12 hours.
The bears have been spreading crash fears everywhere over the past two weeks.
The noisier the times, the more important it is to hold your ground!
These past few days have probably been the most oppressive and disheartening of the year.
War clouds, political hellscapes, Europe’s decline, and the existential anxiety brought on by AI… Everything is plunging into chaos. It feels like we’re watching a civilization collapse live—powerless and suffocated.
But stop! Don’t let your mind be consumed by this “end-of-the-world narrative.”
The more chaotic the world gets, the more important it is to stay grounded. Don’t dwell on grand narratives beyond your control. Focus on what you can control: take care of yourself, be there for your family, do the work in front of you, and build up a cushion to weather the risks.
Stay strong. Stay focused. We’ll get through this!#BTC
$DRAM ETF, continuing to buy. South Korea’s pension fund has lost $137 billion, while I’ve only lost $7,336—no big deal. Keep buying the dip! 😄#DRAMUSDT
In the early hours of this morning, $BTC was slowly sliding along its expected trajectory. Then Mr. Trump published a lengthy post, very graciously announcing that he was helping Russia and Ukraine move the peace process forward, and claiming that negotiations had made “obvious progress.”
In a curious way, those words gave oil prices a slight wobble, and quite naturally soothed the premarket jitters around Bitcoin and U.S. stocks. These days, the market often doesn’t need much evidence to embrace “hope.”
Trump also blithely claimed that Russia had “hardly helped Iran at all.” That was a direct slap in the face to U.S. intelligence agencies—they’d only just put out a report last month saying the Russians were providing Iran with satellite positioning data. But in a politician’s eyes, what do facts matter? When Trump speaks, even ghosts have to spit. 😄#BTC
Trump’s executive order imposed 500% tariffs and granted exemptions in the very same document. The bureaucracy has finally learned how to “save time.”
The executive order issued on October 16 imposed 500% tariffs on Russian goods under Section 2, and 100% tariffs on goods from the five countries or regions that import the most oil and gas from Russia. Section 4, however, exempted them from these new tariffs. Previous sanctions against Russia remain in effect.
In theory, these tariffs could affect all kinds of goods exported to the U.S., spreading the energy dispute across global supply chains.
The exemption has no fixed expiration date and will remain in effect unless the government decides otherwise. The “up to 60 days” mentioned by Rubio refers to the review period, not a deadline for tariffs to automatically resume.
Exporters have been given some breathing room, while Washington has kept a tariff threat in reserve that it can revive at any time. At least one direct route to a new round of trade shocks has been blocked.
For Bitcoin $BTC , the potential bullish case is that easing energy pressures could cool inflation and push yields lower. Of course, these transmission channels still need to be confirmed by subsequent data.
When markets reopen, I’ll be watching diesel prices and U.S. Treasury yields closely. A politician’s signature may cancel tariffs, but it can’t make inflation disappear out of thin air. #比特币 #Tariffs
#萨尔瓦多比特币持仓突破7800枚 $BTC First, $95,000—or a drop to $65,000. Here’s my base-case forecast.
Bitcoin bears have repeatedly tested the $80,000 level, but have yet to establish a foothold there.
A subtler detail: although the annual growth rate in whale holdings remains close to zero, it has climbed back above its long-term average. Accumulation by large holders began improving before the overall annual figures became particularly impressive. This supports the argument that Bitcoin is in the early stages of a recovery.
The U.S. midterm elections could be a catalyst. According to Fidelity, since 1938, the S&P 500 has risen in the 12 months following 95% of midterm elections.
I believe reduced uncertainty about the policy outlook could make investors more willing to take risks. If demand remains steady and financial conditions are supportive, risk assets like Bitcoin stand to benefit. Markets may start pricing in the potential upside from this “uncertainty clearing” even before the final election results are in.
Based on these factors, I believe Bitcoin could reach $95,000 this year.
This forecast would be invalidated if the price closes below $80,000 multiple times and then fails to reclaim that level. I’ll continue to monitor the U.S. midterm elections and provide updates! #BTC
#Celestia涨16%创2026年新高 “Celestia’s greatest tragedy is this: it made data absurdly cheap, while investors came armed with ambitions absurdly expensive. Serving the whole world for a penny is something a saint would do; expecting to make a fortune from it is pure comedy. $TIA surged to $0.769, then fell back to $0.6704—a brief frenzy quickly sobered up by reality. Meanwhile, unlocked tokens are pouring in nonstop, like distant relatives fighting over an inheritance at a reading of the will. TIA isn’t an investment at all right now. It’s a reckless gamble you’d deny placing in polite company, yet quietly instruct your broker to make after midnight.
#OpenAI智能体动用测试网他人钱包 $BTC Store your coins in a cold wallet and leave them untouched for ten years—is that enough to retire in peace? No! Something frustrating could happen in the future: your private key is still safe, but you can no longer use it to make transactions as before.
Think of it this way: your front door has always used a key to identify its owner. Whoever can unlock it can get inside.
If quantum computers become powerful enough in the future to recreate the same key from public information, a thief could stroll right in, and the system would still think it was you.
The progress Google announced this time marks another step forward for quantum computing. It hasn’t demonstrated that it can break Bitcoin, so there’s no need to panic and move your coins today.
But Bitcoin developers are already discussing “changing the locks.” The idea behind the BIP-361 draft is to give everyone time to move their coins to safer new addresses. Once the deadline passes, the old keys would no longer be enough on their own to unlock the door; additional, harder-to-forge proof would be required. For now, it’s only a proposal and has not taken effect.
Here’s the problem: some people have been offline for years, some may miss the notice, and it’s still unclear whether some old wallets can provide the required proof.
The locks are being upgraded to keep thieves out—but the original owner could also be locked out. If this isn’t handled properly, it could be a disaster for BTC!
On #孙宇晨最新访谈 , he said quantum computing could threaten $BTC , yet he didn’t sell a single coin.
He said he was bullish on Crypto for the long term, but at the peak of $ETH , he cut 80–90% of his aggressive positions and pivoted to U.S. stocks.
He said AI hardware could face overcapacity, yet he himself is heavily invested in $NVDAB Nvidia.
So his investment views are always changing!
Yet after hearing him, many people are ready to treat his latest take as their investment creed for the next ten years. If that doesn’t get you into serious trouble, I don’t know what will! #比特币短期持有者持仓升至408万枚
$HYPE Major bullish news: Pump.fun integrates Hyperliquid for perpetuals, and the two start collecting fees together.
Pump provides the entry point and charges access fees; Hyperliquid handles matching and clearing, and charges trading fees. As long as this brings in additional trading activity, both sides earn more.
I’m more bullish on the trading fees flowing into HYPE’s Assistance Fund, which are automatically used to buy and burn HYPE. Pump brings users over, giving Hyperliquid another customer acquisition channel. In the future, apps can compete for users while the trading behind them runs on the same system.
$PUMP also has a positive revenue expansion outlook. It already has a buyback-and-burn mechanism, but we still need to confirm exactly how this new contract revenue will be incorporated into buybacks.
For trading, if choosing between the two, prioritize HYPE!