The increase of Circle exceeded expectations, the concept of stablecoins is booming and going mainstream, both Hong Kong and the United States are formulating policies to promote stablecoins~ This presents a long-term development opportunity for the cryptocurrency market, and we continue to be optimistic about long-term growth~~~
Recently, several major events have had a profound impact on the crypto space. It can be said that they have laid the foundation for Bitcoin's bull market in the coming years. I. Stablecoin Legislation On May 20th and May 21st, the U.S. and Hong Kong respectively passed stablecoin legislation, and the scale of stablecoins continues to grow, which will benefit the U.S. Treasury market and Bitcoin. The U.S. (GENIUS Act) requires stablecoin issuers to hold 100% high-liquidity assets (such as short-term U.S. Treasury bonds) as reserves and to be subject to federal or state-level regulation. Hong Kong (Stablecoin Regulations) introduced a strict licensing system requiring issuers to have a capital of 25 million HKD, and reserves must be isolated from operating funds. These policies enhance the transparency and security of stablecoins, shifting the market from 'wild growth' to compliance.
As 7 said long ago, there will be more and more U.S. state governments adopting Bitcoin strategic reserve bills!!! Texas is following suit, who’s next??
大圣Crypto
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Witness a historic moment!!! On May 7, 2025, New Hampshire officially signed Bill HB302, becoming the first state in the United States to include cryptocurrency as a strategic reserve asset! According to the bill, the New Hampshire State Treasurer will dramatically invest up to 5% of state government funds, making a strong entry into the precious metals and cryptocurrency market valued over $500 billion! Based on the state's total budget of $15.4 billion, $770 million is about to enter; even considering just the $5.6 billion general fund, $280 million will be poured into the crypto market! Although the bill does not specify, everyone understands - currently, in the global cryptocurrency market capitalization ranking, BTC dominates with $1.88 trillion, while the second place ETH is only $214 billion, which is completely insufficient! This means that New Hampshire is almost certain to stake its core chips on Bitcoin, the digital gold! This moment is destined to be recorded in financial history! New Hampshire’s groundbreaking move marks the formal unveiling of the grand chapter of “cryptocurrency compliant investment” at the state government level in the United States, and sends a strong signal to the world: digital assets have moved from the margins to the mainstream, becoming a core piece of government-level strategic reserves! As other states witness this wealth frenzy, they will inevitably follow suit, sparking a nationwide wave of “cryptocurrency strategic investment.” Hold tight to your Bitcoin, those who witness history will eventually be remembered by it!
Today is May 22nd, Pizza Day, exactly 15 years since the legendary story of purchasing two pizzas with ten thousand Bitcoins, and Bitcoin has once again set a new historical high today, reaching 110,000 USD each! The tweet from the Great Sage a few days ago was not in vain, it will definitely create a historical high, and this is
The tweet from the Great Sage a few days ago was not in vain, it will definitely create a historical high, and this is still not the end!
Because we believe, we see~ Hold on to the big cake!
The big pancake has been consolidating at a high level. With the subsequent expectations of interest rate cuts for the US dollar and the Chinese yuan, as well as various institutions and state finances in the US gradually allocating Bitcoin assets, the big pancake is sure to reach new highs!!! Let's shout a slogan: Big pancake, hit 500,000 dollars!
Hold onto the Bitcoin spot firmly; the Great Sage plans to leave a certain proportion of the big pancake for the children!
The first chart shows the total growth of the US dollar over the past few decades, and the second chart shows the total growth of the Chinese yuan over the past few decades. In one sentence: Fiat currency is always increasing, always inflating!
Bitcoin's total supply is strictly limited to 21 million coins, with halving every four years. Currently, about 19.8 million coins have been produced, accounting for about 95% of the preset total supply. About 6 million coins are permanently out of circulation due to lost private keys, hardware damage, and other reasons. This built-in deflationary mechanism gives it a natural scarcity, contrasting with the unlimited issuance of fiat currency.
The global consensus on Bitcoin has gradually taken off. Its market value is only in seventh place; a pioneering cryptocurrency should not be worth less than any company's market value. Bitcoin, known as digital gold, has a market value of 8% of gold, and if Bitcoin rises to half the value of gold, there is still six times the space!
On May 7, 2025, New Hampshire in the United States officially signed the HB302 bill, becoming the first state in the US to include cryptocurrency as part of strategic reserve assets. It is highly likely that this will increase in the future.
In short, regardless of how Bitcoin fares in the future, leaving a big pancake for the children, believe in the future~
Witness a historic moment!!! On May 7, 2025, New Hampshire officially signed Bill HB302, becoming the first state in the United States to include cryptocurrency as a strategic reserve asset! According to the bill, the New Hampshire State Treasurer will dramatically invest up to 5% of state government funds, making a strong entry into the precious metals and cryptocurrency market valued over $500 billion! Based on the state's total budget of $15.4 billion, $770 million is about to enter; even considering just the $5.6 billion general fund, $280 million will be poured into the crypto market! Although the bill does not specify, everyone understands - currently, in the global cryptocurrency market capitalization ranking, BTC dominates with $1.88 trillion, while the second place ETH is only $214 billion, which is completely insufficient! This means that New Hampshire is almost certain to stake its core chips on Bitcoin, the digital gold! This moment is destined to be recorded in financial history! New Hampshire’s groundbreaking move marks the formal unveiling of the grand chapter of “cryptocurrency compliant investment” at the state government level in the United States, and sends a strong signal to the world: digital assets have moved from the margins to the mainstream, becoming a core piece of government-level strategic reserves! As other states witness this wealth frenzy, they will inevitably follow suit, sparking a nationwide wave of “cryptocurrency strategic investment.” Hold tight to your Bitcoin, those who witness history will eventually be remembered by it!
The MEME is starting to pump, bonk, pepe, bome, floki, the familiar rhythm is back~~ The big coin has risen from 80,000 to 95,000, currently entering the phase of the big coin consolidating and pumping altcoins!
For a subject like Bitcoin, a bear market dollar-cost averaging is indeed a good strategy, suitable for long-term idle money investment, often outperforming 90% of short-term traders. This strategy mainly avoids human greed and fear; as long as there are no issues with the asset itself, making money is just a matter of time, especially for cyclical assets like Bitcoin, it's fantastic.
Trump's tariff club is likely to be raised high and then gently lowered! From a mid-line layout perspective, this is the bottom range; even with fluctuations up and down, laying out the spot is also very cost-effective~
I entered the market around 77,000 for Bitcoin on April 9, and also entered the stock market. The current strategy is to hold steadily and wait for the market to gradually warm up!!!
The darkest times are probably behind us! With the U.S. imposing tariffs globally, China has already retaliated strongly and is unlikely to escalate further, while more than 70 other countries are queuing up for negotiations. There is also widespread opposition to tax increases within the U.S., making it difficult for the U.S. to escalate the trade war both domestically and internationally. From now on, negotiations and tariff reductions will gradually become the mainstream, so it's time to start positioning!
Today, I bought the dip in the A-share market, Hong Kong stocks, and Bitcoin, waiting for the moment when the market eases and rebounds!
In the A-share market, I focused on buying various ETFs, semiconductor ETFs, chip ETFs, artificial intelligence ETFs, and robotics ETFs. In the Hong Kong stock market, I focused on buying Xiaomi, Alibaba, SMIC, and Xpeng. In the crypto space, I'm only buying Bitcoin and firmly avoiding Ethereum...
The darkest times are probably behind us! With the U.S. imposing tariffs globally, China has already retaliated strongly and is unlikely to escalate further, while more than 70 other countries are queuing up for negotiations. There is also widespread opposition to tax increases within the U.S., making it difficult for the U.S. to escalate the trade war both domestically and internationally. From now on, negotiations and tariff reductions will gradually become the mainstream, so it's time to start positioning!
Today, I bought the dip in the A-share market, Hong Kong stocks, and Bitcoin, waiting for the moment when the market eases and rebounds!
In the A-share market, I focused on buying various ETFs, semiconductor ETFs, chip ETFs, artificial intelligence ETFs, and robotics ETFs. In the Hong Kong stock market, I focused on buying Xiaomi, Alibaba, SMIC, and Xpeng. In the crypto space, I'm only buying Bitcoin and firmly avoiding Ethereum...
Wow, why do I feel like China is heading towards an economic crisis... This century's battle, everyone cannot avoid it! Hold onto your wallets, continue to watch the show, and see the gods fight! Absolutely do not blindly enter the market!
This could very well be a devastating blow aimed at China! I hope our country is okay, but we need to protect ourselves!
Trump starts a global trade war! Whether allies or opponents, no one can escape! EU, UK, China, Japan, South Korea, India, Vietnam, Canada, and so on, not a single one can be missing! The global market is scared to death, almost all plummeting~ Trump probably has already set up huge short positions...
The 10-year deposit rate in the United States is lower than the 1-year rate, and a significant issue caused by this inverted yield curve is the market's concern about an economic recession. The GDP in the first quarter of 2025 in the U.S. is highly likely to show a recession. The Federal Reserve incurred a loss of 110 billion USD in 2023 and a loss of 560 billion USD in 2024, mainly due to high interest payments. Trump has consistently hoped for the Federal Reserve to lower interest rates, applying continuous pressure.
All of the above events are favorable for the Federal Reserve to cut rates. Bitcoin and U.S. stocks have already fallen for several weeks, so now is the time to make long-term investments in Bitcoin and U.S. stocks!
There will also be a second half of a bull market this year, so take advantage of the dips!
Hyperliquid 50x whale has currently shorted BTC, this position is its largest ever, with a total value of up to 520 million. It has shorted 6,210 BTC (worth 520 million USD) with 40x leverage, at a cost price of 83,898 USD, and a liquidation price of 85,561 USD.
With such a large position from the insiders and a liquidation price so low, should we wait for a sharp drop?
(1) March 17: CME launches SOL futures contracts, the first institutional derivatives for SOL go live, 20:30, U.S. February retail sales month-on-month (2) March 19: 14:30, Bank of Japan Governor Kazuo Ueda holds a monetary policy press conference, same day, Bank of Japan interest rate decision (3) March 20: 2:00, Federal Reserve interest rate decision (upper limit), 20:30, U.S. initial jobless claims for the week ending March 15 (in thousands) (4) March 22: Final approval of Litecoin spot ETF, the fate of the first LTC ETF revealed, 20:30, U.S. initial jobless claims for the week ending March 22 (in thousands) (5) March 23: Grayscale SOL spot ETF second review, also a key battle for SOL compliance (6) March 28: 20:30, U.S. February Core PCE Price Index