Demir C Labs

If everyone woke up this morning and opened Twitter, they might find that many of the Chinese big accounts they follow have been suspended.

Specifically, there are familiar names like the killer @Wolfy_XBT and the wizard @0xCryptoWizard among others.
Observant netizens noticed that all the suspended big accounts had the GMGN badge on Twitter, so upon further investigation, it turned out that GMGN's official account, marked with a gold badge, @gmgnai, was also suspended, along with GMGN's founder, @haze0x.
Because GMGN pays relatively high fees to top KOLs for endorsements, the Chinese-speaking community has suffered significant losses.

On June 9, 2025 Eastern Time (early morning Beijing Time), Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), delivered a speech at the "DeFi and the American Spirit" roundtable held in Washington, DC.

The content of the speech is very explosive. I will first extract some golden sentences for you to feel:
Decentralized Finance (DeFi) embodies America’s economic freedom, property rights, and innovative spirit.
The right of individuals to self-custody over their private property is a "fundamental American value" that should not be restricted by the use of the internet or blockchain technology.

Just last week, Trump quietly did something~
This is about the repeal of the ban on 401(k) pension funds purchasing cryptocurrencies that was in place during the Biden administration.

The official statement is that the U.S. Department of Labor announced the withdrawal of the prudential guidelines issued in 2022 regarding the investment of cryptocurrency in 401(k) retirement accounts, shifting to a neutral stance.
The reason is that investment decisions should be made by trustees rather than bureaucratic agencies.
A 401(k) is a retirement savings plan named after Section 401(k) of the U.S. Internal Revenue Code, allowing employees to set aside a portion of their wages into an account to invest in stocks, bonds, funds, and other assets, deferring taxes until withdrawal at retirement.

"We know that the Chinese government does not like Bitcoin.
So we should ask: why? Why are our top opponents so resistant to it?
Since China is moving away from Bitcoin, maybe we in America should move towards Bitcoin.
This is a golden quote from the remarks made by the Vice President at the Bitcoin conference.

His remarks may have opened a new chapter in the US-China Cold War: the crypto-financial war.
Vance keeps dropping golden quotes, such as:
"Bitcoin is a tool against bad policies, regardless of which party's policies"
"Digital assets are a symbol and driving force of personal freedom for Americans."

Yesterday, the Financial Times reported that Trump Media & Technology Group (TMTG) reportedly plans to raise up to 3 billion US dollars to invest in cryptocurrency, especially Bitcoin.

However, early this morning, TMTG refuted this information, stating: "Obviously, the (Financial Times) journalist foolishly believed a more foolish source." Additionally, TMTG referred to (Reuters) and (Financial Times) as "fake news" media.

I certainly believe this is fake news because the Trump family needs to raise 3 billion US dollars now, which does not require the old-fashioned methods of transferring stocks and issuing bonds.

Strategy is really important.
Among the major companies in the crypto industry, the strategy of Binance that I admire the most is from going global, to creating platform tokens, then developing public chains, and embracing compliance.
At the beginning of the year, most of the on-chain liquidity was still on various memes of Solana, while the traffic entry was controlled by competitors' web3 wallets.

Perhaps no one could have predicted that just a few months later, the liquidity on-chain is on Binance, and the traffic entry is also on Binance.
Clearly, in the future of liquidity shifting to the blockchain, Binance will still hold the top position in trading volume.

The original author of this article is Spinach, shared with permission, with slight modifications from the original text:

Today, a significant event in the crypto world has everyone's attention, as the stablecoin (GENIUS bill) has passed the motion vote.

This bill originally had no controversy between the two parties, mainly encompassing these three points:
Ensure stablecoins are backed by a 1:1 reserve and enhance transparency.

Implement anti-money laundering (AML) and consumer protection measures.
Consolidate the United States' leadership position in global digital finance.
Previously, the Democrats obstructed it, saying they wouldn't allow the President to issue coins.
This time, a compromise was also made; the bill prohibits members of Congress and senior executive officials from issuing payment stablecoins while in office. However, the President and Vice President are not included in this ban.

According to data from the U.S. Treasury, the federal government recorded a rare monthly budget surplus of $256 billion in April 2025.

Many media outlets attribute this result to record tariff revenue.
However, the total tariff revenue for the U.S. in April was only $16 billion, although it was $9 billion during the same period last year, and the historical record for U.S. tariffs is $9.6 billion.
But this over $10 billion in tariffs actually has little impact on the overall situation.
April each year is the peak of federal tax revenue for the U.S. (with the personal income tax filing deadline in mid-April), so there is usually a surplus in April.

The main reason for the higher revenue for the U.S. government this year is still that Americans' incomes have increased.

On May 12, 2025, Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), delivered a speech entitled "Keynote Address at the Crypto Task Force Roundtable on Tokenization" at the "Cryptocurrency Task Force Roundtable", detailing the new guidelines for the SEC's proposed regulation of crypto assets.

The full text of this speech has been published on the SEC official website. Interested friends can "click on the original text" to view it.
First, let me give you my personal interpretation.
The first question facing the SEC is to distinguish which tokens are securities and which are not.

Since last week (三大利好显现，比特币下半年要起飞！) was published, the crypto market has welcomed a crazy performance.
Bitcoin soared past 100,000, and Ethereum also surged 40% in just three days, directly climbing to the top of the TikTok hot search list!

At this moment, the White House also announced the smooth progress of U.S.-China trade negotiations:

The White House's announcement stated that substantial progress has been made between the U.S. and China.
However, if you look closely at the content of the announcement, there are actually no details regarding the trade agreement.

On the contrary, the information released by the Chinese side has more substantial content; one can only say that both sides are still willing to negotiate and are not keen on decoupling.

Bitcoin has strongly broken through the $100,000 mark today, confirming my judgment from the day before yesterday:
Three major benefits have emerged, and Bitcoin is set to soar in the second half of the year!
In fact, Bitcoin today is very much like gold fifty years ago.
When President Nixon announced the decoupling of the dollar from gold in 1971, he also issued two other orders, namely:
Implementing a 90-day wage and price control (currently the Federal Reserve controls inflation with high interest rates)

Imposing an additional 10% tax on imported goods (essentially a tariff)
Look, doesn't it have a hint of Trump?
Let me explain the logic behind this in detail~

Yesterday, many people were still lamenting that the market was not booming. However, this morning, the price of Bitcoin broke through 97,000 and is about to return to the 100,000 mark.
Today's Bitcoin market is the result of two major positive factors:

First, New Hampshire passed the Bitcoin Reserve Act, which is considered to be fully passed and is waiting for execution~
Arizona’s Bitcoin bill had already passed the legislature, but was vetoed by the Democratic governor.
But this time, New Hampshire has a Republican governor, and the governor signed the bill right after the legislature passed it.

A few months ago, Yang Ge, the crypto wizard, predicted that $Trump would be the last coin that would be driven up by words (there are too many people cutting leeks, and the crypto projects that brag about themselves will not be able to continue...).
The reason is that Trump, as the president of the United States, has come out to make a fuss, and there is no bigger person to shout at, so sooner or later everyone will shout at the big people to de-charm~
By the way, the price of $Trump tokens has also fallen below the price before the announcement dinner~

Sure enough, early this morning, in order to boost the $Gork token, Musk performed a three-step process of following/changing his name/changing his avatar. He did almost everything except personally paying for the boost.

First of all, let me make it clear that Buffett’s speeches do not provide many opportunities to make quick money, but they can often help people lose less money~
The 2025 Berkshire Hathaway Annual Shareholders Meeting was held in Omaha, Nebraska, USA on May 3. Warren Buffett delivered an important speech at the meeting, covering a number of key topics including succession planning, the US economy, trade policy, corporate strategy, etc.

Here is my summary of the key points of Buffett’s speech:
Buffett announced at the meeting that he plans to resign as CEO of Berkshire Hathaway at the end of 2025 and pass the baton to Vice Chairman Greg Abel, 62.

The original author is Vito, the founder of MetaEra.

Many people may not know that many significant recent events are actually related to the internal strife of the 'Shenzhen Gang'.
So what exactly is the matter of Musk and Peter Thiel joining the 'Shenzhen Gang'? How did all this happen?
I am relatively familiar with the 'Shenzhen Gang', so I will elaborate on it here.

Before specifically introducing what happened, let me first introduce the relationships between the people involved.
Everyone knows who Musk is, so I won't introduce him.

Arizona’s Bitcoin Reserve Act (SB 1025 and SB 1373) went to a final vote on April 28, 2025 at 11:00 PM MT.
According to the latest information, the two bills have passed the Arizona House Committee of the Whole and are scheduled for a third reading and final vote on the same day.
With this passage, Arizona became the first state in the United States to officially establish a state-level Bitcoin reserve, allowing state finances and retirement systems to invest up to 10% of public funds in Bitcoin and other digital assets.

Shuidi Capital's Dashan said on Space: Recently, we have had four projects listed on Binance, but in reality, not a single project has distributed tokens to investors as promised. It is clearly stated in the investment agreements that tokens should be distributed; however, after going live, project parties can arbitrarily modify the terms, leaving investors with no means of counteraction. Because in the current environment, whether or not you can get listed on major exchanges makes a significant difference.

The key is that in the current market, even being listed on Binance only achieves a $100-200 million FDV, and it could potentially be delisted in the future before unlocking.
Everyone thought VCs were the strong party, but they didn't expect that VCs would fall to such a state.