1. The United States and Vietnam reach a trade agreement The United States and Vietnam have reached an important trade agreement that has had a positive impact on the market. The agreement stipulates that goods exported from Vietnam to the United States will be subject to a 20% tariff, while goods transshipped from the United States to other countries will incur a 40% tariff. Meanwhile, U.S. products can enter Vietnam tariff-free. This agreement has driven up the U.S. stock market and cryptocurrency market, and is considered very favorable news for the market.
2. Is Bitcoin expected to rise to $170,000? Some analysts believe that with the U.S. M2 money supply reaching a historical high and the U.S. dollar index declining significantly, Bitcoin's price is likely to follow the M2 trend and surge to $170,000 in the coming months. Bitcoin has a high correlation with M2, and if M2 continues to break through, Bitcoin could see significant increases within 3 to 6 months.
3. SEC Chair Paul Akins recently stated on CNBC that the tokenization of real assets is a future trend, and more and more assets will be put on the blockchain, including U.S. stocks. Ethereum, as the largest public chain ecosystem, is expected to benefit, while other main chains such as Cardano and Solana are also worth considering. In the future, asset tokenization will become mainstream, and investors can focus on development opportunities in related main chain projects.
4. How do stablecoin companies make money? Stablecoin companies like Tether (USDT) primarily earn interest by holding U.S. Treasury bonds and other high-quality assets. In the first half of 2024, Tether's profits reached as high as $5.2 billion, with the vast majority coming from Treasury bond yields. Additionally, stablecoin companies also earn a portion of transaction fees by partnering with exchanges. The stablecoin business is highly profitable, and related company stocks are worth watching.
5. Figma IPO holds Bitcoin spot ETF and USDC design software company Figma disclosed in its IPO documents that it holds nearly $70 million in Bitcoin spot ETF and $30 million in USDC cash. More and more companies are adopting Bitcoin strategies, and within just a month or two, the number of companies taking on Bitcoin strategies has risen from over 100 to more than 200. This phenomenon may signal that Bitcoin's market share has peaked.
Stop impressing people who do not care about your financial future. Drive reliability, not status.
Instead of spending money to please others and display vanity, it's better to focus energy on things that can truly bring long-term stability and value, such as rational consumption and asset preservation.
