Vietnam's cryptocurrency policy has undergone a series of developments, currently showing a trend of gradual regulation, specifically as follows: Early Policies • In April 2016, the Ministry of Finance of Vietnam announced in an official letter that it does not prohibit cryptocurrency trading, defining it as "property" and a liquid "commodity". • In July 2017, the State Bank of Vietnam explicitly announced that it does not recognize cryptocurrencies like Bitcoin as legal tender or means of payment, prohibiting the issuance, supply, and use of cryptocurrencies as currency or payment methods. • In April 2018, the Prime Minister issued a directive requiring relevant departments to strengthen the management and control of activities related to cryptocurrencies like Bitcoin. In the same month, the State Bank of Vietnam instructed financial institutions to enhance measures related to cryptocurrency trading. Recent Policies • In October 2024, the "National Blockchain Strategy 2024 - 2030" was released to promote blockchain applications, emphasizing regulatory experiments through digital asset sandbox pilot projects. • In 2025, the Prime Minister of Vietnam instructed the Ministry of Finance and the State Bank to establish a comprehensive regulatory framework for digital assets. The Ministry of Finance is collaborating with the global exchange Bybit to develop a cryptocurrency sandbox program, which is scheduled to officially launch in mid-2026.
On May 27, 2025, local time in the United States, Trump Media & Technology Group (TMTG) announced a striking plan: to raise $2.5 billion through private financing to create a Bitcoin vault. This move has not only created a stir in the financial sector but has also sparked new discussions in the political arena. Background of the Bitcoin Vault The TMTG Bitcoin vault plan aims to raise funds by issuing $1.5 billion in common stock and $1 billion in zero-coupon convertible senior secured bonds. This funding will be used to incorporate Bitcoin into the company's reserves to achieve financial stability and long-term value storage. At the time of the announcement, the price of Bitcoin was approaching historical highs, and the largest digital asset event of the year, "Bitcoin 2025," was being held in Las Vegas, undoubtedly adding significant attention to TMTG's plan.
Recently, the Cardano community has been passionately discussing proposals regarding stablecoins, and I couldn't help but join in. Speaking of stablecoins, they are like a beacon of light in the dark for us cryptocurrency players. Did you know? Volatility has always been the Achilles' heel of cryptocurrencies. With stablecoins, we can quickly transfer our assets to a relatively stable store of value during severe market fluctuations, avoiding being swept away by the tides of the market. Moreover, this Cardano proposal is not just talk; it truly considers the future of the DeFi ecosystem. Just think, if Cardano could have a reliable stablecoin, what kind of explosion would DeFi applications experience? Lending, trading, liquidity mining—just thinking about it is thrilling. Of course, stablecoins are not a cure-all. They require transparent collateral mechanisms, strong risk controls, and community oversight. But if Cardano can successfully launch a safe and reliable stablecoin, I believe it will become a significant highlight in the entire blockchain space and bring us more opportunities. What do you think?
Recently, the stablecoin proposal from Cardano has caused quite a stir. As a long-term holder of ADA, I am closely following it. That said, this stablecoin is an absolutely crucial step for the Cardano ecosystem. Just think, DeFi is so hot right now, but the price volatility has always been a headache. With a stablecoin, it’s like having an anchor in the DeFi world, which can greatly reduce trading risks and attract more participation. Moreover, the HUMA protocol mentioned in this proposal is quite interesting. It can link stablecoins to real-world assets, such as fiat currencies and commodities. Isn’t that equivalent to opening up channels between on-chain and off-chain? Just imagine being able to easily purchase various real-world assets using ADA in the future; isn’t that exciting? Of course, the issuance and regulation of stablecoins is also a challenge. But as long as the Cardano community can work together, I believe these issues can be resolved easily. Looking forward to the Cardano ecosystem becoming more and more prosperous!
Breaking! The number of ADA holders surges past USDC, whales are aggressively positioning, is the price set to sprint towards $1.5? Stunning data revealed: The number of Cardano (ADA) holders has surpassed 4.49 million, for the first time exceeding USDC (about 3.49 million), jumping to be one of the most widely held assets! Whale accounts continue to increase their holdings, with 2,384 addresses holding between one million to ten million ADA, dominating market liquidity and price trends. Current price: $0.6376, with a market cap of up to $22.6 billion, and a circulation rate of a solid 84%. Technical indicators show a breakout is imminent, with short-term key resistance at $0.707; once broken, it is expected to test the range of $0.731 to $0.777; mid-term target aims for an astonishing $1.5, but only a breakout above $0.85 can confirm a strong uptrend. On-chain whale activity is rising, and retail enthusiasm remains high, reflecting a deep long-term faith in Cardano. If Bitcoin stabilizes, ADA is highly likely to become the star performer leading the altcoin season. Risk warning: If it fails to break through $0.70, the price may pull back to support at $0.55; macro policy fluctuations may also impact the market. Seize the opportunity now, or you might have to wait another year!
The "Hedge Paradox" of the Crypto Market: Why is it Falling Worse than US Stocks? Although Bitcoin is often referred to as "digital gold", its performance during this conflict has been contrary to traditional safe-haven assets. The fundamental reason lies in the tearing of market logic: A week before the leverage bubble burst, Bitcoin's open contracts surged by 18%, and 25x leveraged long positions were forced to liquidate in panic, triggering a chain reaction. Institutional funds withdrew from the US Bitcoin ETF for six consecutive days, with a net outflow of $644 million, weakening market support. In the liquidity squeeze, Middle Eastern funds urgently withdrew through stablecoins, exacerbating the selling pressure.
Breaking! Iran Exposes Major News, Bitcoin Flows Surge Late at Night! Attention all! According to BlockBeats, the Iranian government publicly declared on June 13: "Without the coordination and permission of the United States, an attack cannot happen." This short statement instantly refocused global attention on this geopolitical powder keg. As soon as the news broke, the sensitive financial markets immediately sensed something unusual. Bitcoin prices showed significant short-term fluctuations following the spread of the news, and capital flow monitoring indicated that some safe-haven funds were quietly shifting towards crypto assets. Historical experience tells us that when geopolitical tensions rise, Bitcoin often becomes one of the “safe havens” sought by global capital.
US-China Reach Temporary Ceasefire Agreement on Rare Earths, World Temporarily Avoids 'Tariff Nuclear Explosion' ▌48-Hour Life-and-Death Negotiations in London After urgent consultations in London, the US and China reached a 'trade pain relief' agreement: ✅ US Concession: Easing Some Rare Earth Controls ✅ China Countermeasure: Immediately Resume Rare Earth Exports from Shenzhen (companies like Kinglong Magnetic and others quickly receive export permits) ⚠️ Tariff Cliff Temporarily Deferred: • US Tariffs on China Reduced from 145% to 30% • China Tariffs on US Reduced from 125% to 10% Ultimate Countdown Activated: If no breakthrough is achieved by August 10, original tariffs will automatically resume! ▌Covert War Continues, Danger Lurks Everywhere US Underhanded Tactics: • Chip and Aircraft Equipment Bans Remain Unchanged • White House Claims '34% Reciprocal Tariff Backed by Court' (Trump Hints at Utilizing 'Trade Cannon' Anytime) China's Trump Card: • May Exports to the US Plummeted 34.5%, a Record Low Since the Pandemic • Holding Rare Earth Leverage to Force US Back to Negotiation Table 🌍 Global Economic ICU Alarm Sounds • World Bank Overnight Downgrades 2025 Global Growth Forecast to 2.3% • ECB President Lagarde Urges: 'Another Trade War, Global Economy Goes into ICU!' • EU/Japan/Mexico Collective Pressure, Aerospace Industry Pleads for 'Ceasefire' ⚡ Experts' Harsh Words Expose Nature of Ceasefire 'This is not an agreement! It is essentially a 'Syrian-style Ceasefire'! (Middle Eastern Mineral Deadlock Unresolved, Agreement Survives Solely on Leaders' Will) 📈 Market Falls into Divided Frenzy • 🚀 Rare Earth Stocks Skyrocket: Shenzhen Sector Instantly Becomes 'Printing Machine' • 💸 Dollar Exchange Rate Mysteriously Plummets • US Companies Perform 'Double Act': → Publicly Cheer 'Long Live the Stay of Execution' → Secretly Hoard Goods to Prepare for August Explosions 💥 Doomsday Predictions Hang High 'Trump's Tariff Gun is Loaded, Countdown for Beijing's Rare Earth Counterattack Has Started... Global Economy is Engaged in a Death Gamble!'
Data Analysis: CoinAnk data shows that the weighted funding rate for #Ethereum futures contracts is approaching 0.01%, with the annualized rate having surged to 13.7%, reaching the highest level since the beginning of the year, which is seen by the market as a positive signal that may stimulate the inflow of funds into Ethereum #ETF. However, the open interest in derivatives is nearing last year's historical peak at the end of the year, indicating that the current price increase is primarily driven by leveraged futures trading rather than spot demand. In contrast, Bitcoin remains predominantly spot-driven, while Ethereum's trend shows significant differentiation. At the same time, a surge in call option purchases and the gamma hedging effect have intensified the risk of price gaps, increasing market vulnerability and sensitivity to short-term volatility. High funding rates reflect excessive optimism in the market, but the accumulation of leverage may amplify volatility risks. Historical experience shows that similar situations are susceptible to macro events, such as changes in Federal Reserve policy or geopolitical tensions, triggering a chain of liquidations. Regarding the impact on the crypto market, the inflow of Ethereum ETF funds is expected to boost confidence and prices. Standard Chartered Bank predicts that this could drive ETH up to $8,000, but if the derivative-dominated rally reverses, it will affect the entire market, particularly impacting the altcoin ecosystem, increasing overall volatility. In the long term, the approval of ETFs could enhance institutional participation and promote market legitimization, but the current fragile state requires vigilance against short-term pullback risks.
Recently, the cryptocurrency roundtable organized by the U.S. Securities and Exchange Commission (SEC) has attracted widespread attention, with intense discussions centered around decentralized finance (DeFi), code responsibility, and regulatory frameworks. As DeFi rapidly develops, the conflicts between its anonymity, open-source characteristics, and the existing regulatory system have become increasingly prominent, making the balance between innovation and compliance a focal point. Some viewpoints suggest that DeFi developers should be responsible only for the code, similar to traditional open-source developers, and should not bear financial regulatory obligations. This argument emphasizes the decentralized nature of technology, believing that excessive regulation may stifle innovation. However, opponents point out that DeFi projects involve user assets and financial risks, and complete detachment from regulation may lead to fraud and market chaos, harming investor interests. The SEC's involvement reflects regulatory agencies' awareness of the potential risks associated with DeFi. In the future, possible solutions may include developing adaptive regulations that protect investors while leaving room for technological development. Developers may need to comply with regulatory requirements based on code transparency, such as introducing authentication or risk warning mechanisms. This discussion marks the cryptocurrency industry’s transition from wild growth to maturity. The future of DeFi depends on the interplay between technological innovation and regulatory wisdom.
Intraday Trading, as the name suggests, is about completing buying and selling operations within a single day, without holding positions overnight. In simple terms, it's about making a quick move and running away, without staying up late or taking long positions. It's about seizing volatility, not faith. Why do some people like intraday trading? Because it has two appealing points: Fast pace, immediate results; Controllable risks, with same-day stop losses, avoiding sleepless nights. Especially for quick traders, they seek 'determining direction shortly after the market opens and observing structure after opening positions.' Clear goals, decisive actions, and a strong sense of rhythm. How do quick traders think? The essence of quick trading has three points: Only trade coins with rhythm, understand structure, and read the motives of major players; Small losses and large gains, most of the time quick to stop losses, only letting profits run when 'in rhythm'; Strong emotional perception, such as who is FOMOing, who is washing out, and being able to perceive 'rhythm turning points' in the details of the market. In short: do not predict the future, only understand the present. What is the difference from swing trading? Holding time: intraday trading lasts from a few minutes to a few hours; swing trading usually lasts from a few days to a few weeks. Observing rhythm: intraday trading has a fast pace, focusing on short-term structure; swing trading has a slow pace, focusing on mid-term trends. Core difficulties: intraday trading involves emotional judgment + momentum turning points; swing trading involves trend continuation + holding patience. Technical tools: intraday trading uses momentum indicators like KDJ/RSI/OBV; swing trading relies on MA systems, Bollinger Bands, and structure tracking. Risk control: intraday trading mainly relies on timely stop losses; swing trading mainly relies on trend confirmation and position reduction mechanisms. Intraday trading resembles combat, with quick reactions and aggressive entries; Swing trading resembles Tai Chi, with prolonged buildup and stable exertion. Common pitfalls for beginners: Trading too frequently: thinking of oneself as an expert, but actually trading based on emotions; Not setting stop losses: intraday positions can blow up, usually needing just one K; Trading coins that one does not understand: no signals, no rhythm, no belief—just losses. A true small detail: Many quick traders only trade during two time periods: The first hour after market opens (major players set the tone) Afternoon pullbacks or false breakouts (consolidation to wash out traders) Catching the rhythm is more important than catching the direction. Of course, if considering the US market, there is actually also the time after 8:00 PM at night.
Decentralization of virtual currencies refers to the issuance, trading, storage, and governance of cryptocurrencies that do not rely on central authorities, but rather are jointly participated in and managed by a distributed network through blockchain technology. The core lies in eliminating dependence on third-party intermediaries through distributed ledger technology and consensus mechanisms, enabling users to have autonomous control over their assets. The core features of decentralization of virtual currencies include: No single point of control: Transaction records and decision-making power are distributed across a global network of nodes, not manipulated by any single entity. User asset autonomy: Users directly control the assets in their digital wallets through private keys, without the need to entrust them to centralized platforms. Transparency and immutability: All transactions are publicly recorded on the blockchain and cannot be modified after cryptographic verification. Censorship resistance: The distributed network structure makes it difficult for any government or organization to block or interfere with transactions.
Order types are an important foundation in trading strategies. Limit orders allow users to buy and sell at a set price, suitable for investors seeking better prices; Market orders execute immediately at the current market best price, suitable for traders seeking speed; Stop-loss orders can automatically sell or buy when the market reverses, protecting the principal from significant losses. There are also trailing take profit and stop loss, OCO, and other combination orders available. Understanding the various order types can help you make more rational decisions during volatile fluctuations, improving your trading success rate and risk management capabilities.
1. Exchange's Built-in Tools This is your most basic trading platform, usually providing the following features: * **Candlestick Charts:** Almost all exchanges have this, usually supported by TradingView. This is the foundation for your technical analysis. * **Order Book:** Displays the depth of buy and sell orders, helping you understand market depth and liquidity. * **Trade History:** Real-time display of the latest transaction prices and quantities. * **Limit/Market/Stop Orders:** Various order types used to execute your trading strategies. * **Leverage/Contract Trading Interface:** If you engage in derivatives trading, the exchange will provide a dedicated trading interface and tools. * **Funding Rate:** A tool that contract traders must pay attention to. **Represented by:** Binance, OKX, Bybit, Coinbase (Pro), Gate.io, etc. ### 2. Charting & Technical Analysis Tools These tools provide more powerful charting features and technical analysis indicators: * **TradingView:** * **Advantages:** A market-leading charting platform that offers a vast array of charts for cryptocurrencies, stocks, forex, and more, with rich technical indicators, drawing tools, multi-timeframe analysis, user-defined indicators, and community insights. Supports multiple exchange data. There are free and paid versions (with more powerful features). * **Disadvantages:** The free version has feature limitations and more ads. * **Uses:** Drawing trend lines, support and resistance levels, using various technical indicators (MACD, RSI, Bollinger Bands, Moving Averages, etc.), discovering chart patterns, and formulating trading strategies.
The Nasdaq Cryptocurrency ETF expansion plan is accelerating, intending to include 9 tokens such as Solana (SOL), Cardano (ADA), and XRP into the benchmark index, promoting diversification of holdings. Currently, the Hashdex Nasdaq Cryptocurrency Index ETF (NCIQ) is limited to holding BTC and ETH, but the SEC has accepted its rule change application in June 2025. If approved, it will allow investment in all index component assets, with results expected to be announced by November 2, 2025. This move will enhance institutional capital allocation efficiency, reduce tracking error risk, and may trigger a wave of passive fund inflows into newly included tokens like SOL. As a key node in the integration of traditional finance and the cryptocurrency market, this ETF expansion could become a landmark event for regulatory breakthroughs in the cryptocurrency industry in 2025.
Many people feel that they lost money trading cryptocurrencies because they misread the direction. But the truth is often — even if you see the right direction, you still get eaten up by the fees taking away most of your profits. 📉 In contract trading, buying and selling incurs a fee of one-thousandth, Are you used to short-term trading? Going back and forth three times a day? Then that’s three percent in a day, Ninety percent in a month, And directly a hundred times the fees in a year! Some people say: "How is that possible!" But don’t forget, the 100 times leverage itself amplifies the fees; you are effectively working for the whole platform with your capital. 💸 Imagine your account's funds like water, the market like tides, And the fees as a drain that doesn’t close. No matter how high you rise, ultimately, you can’t hold on to it.
Contracts are the printing machines of the smart, and the shredders of the fools "High risk, high return?" — Only the weak make choices The strong want it all Do you know why most people die on contracts? Because they enter with a gambler's mentality But foolishly hope to earn money with an investor's mindset Look at the true alchemy of numbers: 10,000 principal, 5x leverage Three precise operations = 80,000 Five perfect executions = 320,000 This is not luck, this is arithmetic
Now let me tell you the real rules of the game: Stop loss is not weakness, it's strategic retreat Leverage is not the devil, losing control is When the market is in panic, it's the moment to pick up money The three principles of printing money for top players: Withdraw initial capital immediately after the first profit, use profits to continue snowballing Each increase in position should not exceed 20% of total position A 30% pullback mandates exit, living on allows for infinite possibilities
Latest Situation of the China-US Trade War: Rare Earths vs Chips, Who Will Surrender First? The most hardcore negotiation of 2025 kicks off in London! The China-US delegations face off on June 9, focusing on three key issues: 1️⃣ Tariff Struggle The US wants to cut subsidies for Chinese electric vehicles, while China retaliates by tightening rare earth exports. Tesla's stock plummets by 14%, and US automakers complain, "Without rare earth magnets, our factories will have to shut down!" 2️⃣ Technology Stranglehold The US clings to chip restrictions, while China scoffs: "Your California rare earth mines still need to be transported to China for refining!" Both sides exchange harsh words, but privately have quietly issued temporary export permits. 3️⃣ UK Gains London emerges as the biggest winner! Seizing the opportunity to promote the 'post-Brexit trade agreement', it is pulling in the US while eagerly courting Chinese orders. ⚠️ Ultimate Suspense: If negotiations collapse, the US threatens to impose a sky-high 54% tax on Chinese goods! China is ready with a 'countermeasure package', and the global supply chain trembles.
The gold investment institution Incrementum recently published "We Trust Gold," a report of over 300 pages that discusses the long-term rise of gold based on several mutually reinforcing pillars: · The inevitable restructuring of the global financial and monetary system in the face of profound political and economic turmoil · The inflationary tendencies of governments and central banks—monetary climate change · The rise of regionally pro-gold economies, particularly in Asia and the Arab world · The shift of capital from U.S. assets (dollars, U.S. stocks, U.S. Treasuries) that have overshadowed gold for years · The expected excess returns of "performance gold" (i.e., silver, mining stocks, and commodities) In such an environment, they are also bullish on BTC, believing that by the end of 2030, Bitcoin could reach 50% of gold's market value. Assuming a conservative gold price target of around $4,800, Bitcoin would need to rise to about $900,000 to achieve 50% of gold's market value. Based on this, the report proposes a new type of 60/40 investment portfolio, rethinking the traditional 60% stocks/40% bonds allocation. The new asset allocation is as follows: Stocks: 45% Bonds: 15% Hedging Gold: 15% Performance Gold: 10% Commodities: 10% Bitcoin: 5%
Three consecutive bullish candles indicate that there are three consecutive trading days with bullish candles, and the closing price of the last bullish candle is higher than that of the previous bullish candle, indicating that the stock price is in a strong upward trend, with strong bullish forces. Three consecutive bearish candles indicate that there are three consecutive trading days with bearish candles, and the closing price of the last bearish candle is lower than that of the previous bearish candle, indicating that the stock price is in a weak downward trend, with strong bearish forces. For example, during an upward trend, if three consecutive bullish candles appear, investors may consider holding onto their stocks or increasing their positions; whereas if three consecutive bearish candles appear during a downward trend, investors should be cautious and may consider reducing their positions or watching the market.