This morning, darknet boss Ross O'Brien has been unconditionally released,
A darknet marketplace founder sentenced to life imprisonment,
Why does it gain the favor of the king?
Ross, as a founder of the Silk Road darknet,
He not only created the world's first Bitcoin darknet trading platform,
Ross is also an early promoter and popularizer of Bitcoin.
As early as the 12-year Silk Road platform, the annual circulation of Bitcoin reached 2 million coins,
In 2025, he was sentenced to life imprisonment, and the big beautiful confiscated 200,000 Bitcoins from him,
After that, the big beautiful auctioned the Bitcoin he obtained,
This has also become a milestone event for Bitcoin. Ross himself is also considered a controversial figure.
Those who love him say he is an extreme libertarian,
Is a warrior to return power to the people and to allow free trading, is a pioneer in impacting the decentralized financial world.
Those who hate him say he is an accomplice to drugs and war,
Is a killer of crime and a tool for corrupt politicians to profit,
All of this is because: the Silk Road platform is too free,
On the platform, you can almost buy anything you want.
This world is full of controversies about the remarkable people,
This big player does not comment, but it is undeniable that Ross's contribution to the crypto industry is enormous.
Ross's pardon itself has a high symbolic significance.
The king's pardon this time indicates his attitude towards the crypto market.
The king is still that man who delivers on his promises,
In addition to pardoning Ross,
The king has also said,
Fired the SEC chairman upon taking office.
Yesterday, former SEC chairman Gonzalez resigned,
This marks the end of an era.
To fulfill the promise,
The king authorized the SEC to establish a (crypto working group)
The purpose is for the crypto asset industry,
To develop a comprehensive and clear regulatory framework.
The head of the working group is responsible for Hester Pears.
Interim chair Hester Pears,
Also a typical supporter of cryptocurrencies,
He has publicly criticized the current cryptocurrency regulatory framework,
Believes it hinders the development of the industry,
And supports the new cryptocurrency policy promoted by the king.
The new crypto working group conveyed several important messages:
1. The big beautiful has realized the importance of the crypto industry,
Will take greater steps in compliance.
2. The big beautiful will increase regulatory efforts towards the crypto industry.
3. Personally stepping in to layout in advance to gain market initiative and dominance.
Currently, some altcoin institutions are also applying to the SEC,
Including: DOGE, Solana, XRP, and Trump's crypto ETF,
If these crypto ETF applications are not rejected by the SEC,
The crypto market in the first half of 2025 will experience new waves again,
These actions will also have significant significance and impact on the development of the industry.
As an excellent businessman,
The king can always see business opportunities in the trends.
According to relevant data,
After the king took office, the policy of strategic reserves of Bitcoin,
The probability of realization is about 62%,
Combase CEO recently publicly stated,
Bitcoin is gradually surpassing gold's position.
Gold is one of the most reliable assets in human history,
It is now slowly being replaced by Bitcoin.
Bitcoin has redefined the concept of value storage,
And it outperforms gold in many aspects.
Last week, digital asset investment products recorded an inflow of 2.2 billion dollars,
This is the largest inflow week so far this year,
Total managed assets rose to 171 billion US dollars, setting a historical high.
Last week, the inflow of Bitcoin reached 1.9 billion.
The total inflow of Ether reached 246 million.
The altcoin XRP had an inflow of 31 million last week.
Yesterday, MicroStrategy shareholders approved a 30-fold increase in shares.
This means that,
MicroStrategy will increase the number of authorized Class A common shares,
Increased from 330 million shares to 10.3 billion shares,
The purpose is to raise 42 billion US dollars,
Paving the way for purchasing Bitcoin.
In terms of market conditions,
Yesterday, Bitcoin welcomed another rise,
Currently priced around 10,500,
There is a vague trend to continue to attack above 107,000,
The sustained strength of Bitcoin is severely draining.
Although altcoins generally rise, the momentum will not be too strong,
From the market share of Bitcoin, there is a certain expectation of a pullback,
After the king took office, in the 90,000 to 95,000 range,
Has become a key price range,
Provides significant support for market trends.
In fact,
The cost line for short-term holders,
Has officially broken through the 90,000 barrier.
Although during the previous pullbacks,
This cost line is still at 88,500,
But many professionals believe that:
90,000 is seen as a bottom level at this stage.
Yesterday, US stocks rose, and the dollar fell weekly.
The king has not yet prepared for general tariffs,
Is seen as a positive signal by the market.
Currently, the overall market is seen as the 'Trump effect'.
Market fluctuations are driven by news.
The overall market trend shows a significant turning point,
The overall trend continues to belong to the cyclical oscillation market as previously stated.
If there is a pullback, the altcoin sector can be reasonably replenished.
Market hotspots:
1. AI's ARC, Pippin, AI16Z, Lumo, Stargate, etc. surged. Trump announced a 500 billion investment in AI; OpenAI, Oracle, and SoftBank jointly established Stargate.
2. The meme Trump has risen. Trump acknowledged that the Trump issuance was very successful and retweeted again, with institutions applying for a Trump ETF. There are more scammers running away on the chain.
3. The ETH/BTC exchange rate has hit a four-year new low again, and Vitalik does not accept community suggestions.
4. The second wave of airdrop for the SOL chain JUP will be received at 11 PM today, with a relatively high airdrop amount.
