BTCdayu-1

The United States has acted quickly and vigorously in areas such as BTC national reserves, Coinbase listing/contracts, and CRCL listings, confirming what McGong said 14 years ago, "Wall Street has the smartest people in the world, they will definitely xxx."

Hong Kong's compliance progress was highly anticipated a few years ago; a slow start can be understood, but now with rapid external changes, Hong Kong needs to speed up!

@Johnny_nkc @HashKeyGroup

Currently, the attention list for memes is getting smaller, with only 5 items left, and only holding $labubu.

Today, looking at the market, I really feel this is a bear market
Isn't Bitcoin at 100,000 in a bear market, how much is it in a bull market...
I can only comfort myself this way
Looking forward to Bitcoin making a strong rise after a sufficiently long pullback, to shock the stock market players.

Bitcoin falls below 100,000, if it doesn't recover tomorrow
I really want to see if CRCL can continue to rise?
My Coinbase stock is probably not optimistic...

Over 100,000, it's okay, tomorrow the micro strategy will come to the rescue.

The entire crypto world relies on MicroStrategy to survive
When it dropped to 49,000, MicroStrategy kept buying
Now that it has risen to 100,000, they continue to buy, but the momentum is smaller
Go MicroStrategy, hang in there MicroStrategy!

AI's analysis of SRM:

According to public information, SRM Entertainment (NASDAQ: SRM) has reached a strategic cooperation with Tron, a company under Sun Yat-sen, and plans to achieve Tron’s listing on the NASDAQ in the United States through a reverse merger. The specifics are as follows:

SRM will issue 100,000 shares of Series B convertible preferred stock, with a conversion price of $0.50 per share, which can be converted into a total of 200 million shares of common stock.

At the same time, SRM will also issue 220 million warrants, with an exercise price of $0.50 per share, which can subscribe to a total of 220 million shares of common stock.

If all warrants are exercised, SRM will add approximately 420 million shares of common stock, which is an increase of 23.36 times compared to the current approximately 17.24 million shares of outstanding stock.

This means that the shareholding ratio of original shareholders will be diluted to approximately 3.94%, that is, the current proportion of outstanding shares is about 4%, and the remaining 96% of shares will be occupied by the newly issued shares.

The total value of this strategic investment is approximately $210 million, and the funds will mainly be used to establish Tron's TRX token treasury strategy, with Sun Yat-sen appointed as a company advisor. SRM also plans to change its name to Tron Inc.

Regarding your question:

Is this 96% share achieved through additional issuance?
Yes, this 96% share is achieved through the conversion of the newly issued Series B convertible preferred stock and the common stock resulting from the exercise of warrants. The entire issuance and exercise have not yet been completed.

Has the additional issuance not been completed yet?
Currently, the company has announced the issuance plan and signed relevant agreements, but the conversion of the newly issued preferred stocks and the exercise of warrants still require time and shareholder approval, and the additional issuance has not yet been fully completed. The current outstanding shares remain at approximately 17.24 million shares.

Does this mean that the currently fully circulated stocks will turn into 4%, and the market value after the additional issuance should be multiplied by (96/4)?
Yes, the shareholding ratio of original shareholders will be diluted to about 4%, and the total share capital after the additional issuance will be about 23 times the current outstanding shares. Theoretically, if the stock price remains unchanged, the market value will be amplified according to the share capital expansion ratio, that is, the current market value multiplied by approximately (96/4 = 24) times, which is the expected market value after the complete reflection of the additional issuance. However, the actual market value will also be affected by the market's recognition of the company’s value after the additional issuance.

Summary: The current stock price of SRM is about $11. After the completion of the additional issuance, the total share capital will significantly increase, and the shareholding of original shareholders will be diluted to approximately 4%, while new shareholders will hold about 96%. The theoretical market value after the additional issuance should be about 24 times the current market value, but the actual market value depends on the market's recognition of Tron's strategy and the value of the TRX treasury.

The above analysis is based on SRM's official announcements and reports from several financial media.

NFT is losing liquidity!
Taking Pudgy Penguins as an example, the army of score boosters on Blur has already left, with bids only in single digits. If you want to sell 30 pieces, the floor price will drop from 9E to 1E.

The US stock market is all in on Coinbase, logic:
1. SRM and Circle are rising, the sentiment is there
2. The higher Circle goes in the short term, the more funds will overflow
3. Coinbase earns 50% on USDC
4. Coinbase is going to launch perpetual contracts—Wall Street has started using these 7*24 hour contracts, there's no going back, the Q3 financial reports are expected to be impressive, although it's still early
5. As for SRM, it might be more volatile, but after the first wave, that's it.

The above are all speculative and can be sold at any time.

punk 40e market value approximately 1 billion
bayc 11.5e market value approximately 300 million (plus a bunch of ecosystem, nearly 1 billion)
It doesn't seem cheap still?
The key is that unlike before, wearing these avatars feels COOL now.

Low Emotional Intelligence: Altcoins are a trap
Medium Emotional Intelligence: Spot trading is not afraid
High Emotional Intelligence: Value investment

In the past
When US stocks rose, the crypto market also rose.
When US stocks in AI rose, the crypto market's imitation AI also followed with chaotic increases.

Now
When US stocks rise, the imitations plummet;
When US stocks and crypto stocks rise, the related crypto market seems dead.

The essence is that institutional funds in the crypto market have exited, and the imitations have entered a 'structural bear market'; no amount of treatment can help.

CRCL 200
Recalling that night when it opened at 60 and rose to 100, feeling it was too high.

The upcoming narrative in the cryptocurrency space is stablecoins, RWA, DeFi, etc.
Unlike memes,
it has nothing to do with retail investors.
If we must say there is a role for them: retail investors are responsible for picking up the pieces — institutions are responsible for telling the story.

The U.S. Senate has voted to pass the "GENIUS Stablecoin Act"!
An overview of various stablecoins currently available

When you are asking 'Is there still a time for altcoins?',
the project teams of altcoins are selling altcoins for Bitcoin.

How to open a position and get 1 million dollars in hand?

I have been in the industry for several years and have rich experience in contracts, as well as in-depth research on various indicators. Today, I would like to share my personal experience: that is, first deposit 2 million dollars and then casually open a long or short position.

I have tried it, and it really works. The next day, when I close the position, I can have 1 million dollars in my account...

This is my personal level of contract trading.

Sun Ge enters the US stock market, srm will be renamed as tron, as a stablecoin concept stock, the current market capitalization is only over 100 million dollars...

Considering the way crcl is rising over there, the first chain of stablecoins, tron, is issuing stocks, there is a lot of room for speculation!

Sun Ge is awesome! Partnering with the presidential family to launch a stock, truly a genius…

Detailed content can be seen in the announcement board of srm company on Futu.

$btc First Consensus
$hype Profit Buyback
$labubu High-Risk Meme
How does this combination look?

In the past, Hong Kong was often criticized for being too slow, but when Singapore's new policies came out, it suddenly felt like Hong Kong was only slightly slow, but it's really about support, just being cautious and wanting everything to be licensed.

In fact, everything in Hong Kong requires a license, which is somewhat different from the mainland. The benefit of licensing is that it truly brings a more standardized and comprehensive experience.

For people in the crypto space, Hong Kong should now be second only to Dubai—but for people coming from the mainland, it might be number one.