The first half of the year is also nearing its end, and we are heading into the second half of 2025!
During the holiday period, Trump did not disrupt the market. Regarding the trade agreement, Trump requested countries to submit their final plans before Wednesday. New negotiations were held between Russia and Ukraine, and market sentiment remained relatively stable. Now, Bitcoin can fluctuate up or down by two or three points, and liquidation funds start at 100 million dollars, so we have entered a stage of mutual competition between bulls and bears, with little room for significant movement, just oscillating back and forth!
Recently, Ethereum has been continuously favorable, something big is really coming!!!
1. In May, Ethereum completed a major upgrade called 'Pectra', which increased the maximum staking limit for each validator from 32 ETH to 2048 ETH, aiming to improve network efficiency and simplify operations for large stakers.
2. SEC clarifies the non-securities nature of staking: The U.S. Securities and Exchange Commission (SEC) has issued guidance clearly stating that 'protocol staking activities' do not constitute securities transactions.
3. Several major U.S. banks have begun participating in Ethereum staking activities. This trend marks an increase in traditional financial institutions' acceptance of crypto assets, which may further promote the mainstream adoption of ETH.
4. ETF provider REX Shares has submitted an application to launch staking ETFs based on Ethereum and Solana. These ETFs adopt a C-Corp structure and may launch in the coming weeks.
And the most important news is:
On May 27, sports operator SharpLink Gaming announced that it has signed a securities purchase agreement to conduct a $425 million public company private investment (PIPE), planning to issue approximately 69.1 million shares of common stock (or equivalent securities) at a price of $6.15 per share (members of the company's management team at $6.72 per share).
SharpLink plans to use the raised funds to purchase Ethereum as the company's main treasury asset. After the transaction, Ethereum co-founder and Consensys founder and CEO Joseph Lubin will serve as the chairman of the SharpLink board and assist the company in developing its core business as a strategic advisor.
This has led to a significant increase in stock prices, soaring from nearly zero to a price explosion of 660 times, all thanks to cryptocurrencies. As a return, this company will raise 425 million US dollars through a private placement to purchase Ethereum, using Ethereum as a strategic reserve for the company.
Is it reminiscent of MicroStrategy, which stimulates stock prices by purchasing Bitcoin, continues to raise equity financing, continues to buy Bitcoin, stimulates stock prices, making it a stock with a market value of 100 billion US dollars, and one of the hottest stocks in the US stock market.
Moreover, the stock has also been included in the NASDAQ 100 index, and its status has been elevated rapidly. Now, with Bitcoin's price surging, its market value is solidly above 100 billion US dollars, making it the 40th largest company in the 100 index.
This means that the current SharpLink is just like the Ethereum version of 'MicroStrategy', continuously raising funds to buy Ethereum, driving up stock prices, and continuing to raise equity financing to buy Ethereum, forming a virtuous spiral upward pattern. Therefore, Ethereum is likely to welcome a big turning point; something big is coming!
Secondly, the exchange rate of Bitcoin and Ethereum has also reached a critical position. If the exchange rate breaks through 0.0269, Ethereum will experience a wave of exchange rate rebound, which will also drive some altcoins to take off, especially some coins in the Ethereum series mentioned in my previous article!
Why do many people lose as much in spot trading as in contracts? Simply put, it's stubbornness and wishful thinking. I dare say that most people share this mindset: after buying a coin that has halved, they are reluctant to cut their losses because their cost is there. If they sell, they will incur a loss, so they can only deceive themselves into thinking that not selling is just a floating loss, and it might bounce back in the future. It's that simple. But often, this mindset leads to even greater losses, making recovery seem a distant dream!
Operate with the mindset of 2021 in the current market. The most constant change in the crypto circle is that there will always be changes. The infinite pouring of altcoins by doge farms leads to continuous entrapment, and missing out on a whole year's on-chain bull market due to being slow to react! Remember to set stop losses in spot trading too. If you had set stop losses earlier, timely reversed course, you might not have lost so much, rather than watching your position continuously decline!
Another important point is that the earnings from ALPHA's activities can yield hundreds of US dollars each month per account. If you have five accounts, you can easily earn several hundred US dollars at once! And all it takes is some effort!
When the hot spots emerge, you must seize them; do not be caught unaware. Opportunities are created by yourself; do not be so focused on guarding your own small piece of land that you miss out on more and more!
That's all I want to share with you today. I am July, and you can follow my daily article updates!
The lone walker is swift, but the collective walker goes far! Welcome everyone to join my group for discussions and exchanges about the market!
