šŗšø #EricTrump -backed āAmerican Bitcoinā raises $220M to buy $BTC & mining rigs. $10M raised in BTC alone. Mining isnāt dead ā itās institutionalised. With Hut 8 owning 80% and a public listing ahead, the signal is clear: #bitcoin mining is the backbone, not the burden. š§ā
š Bitcoin July Performance Since 2013: ā¢8 out of last 12 Julys: š Gains ā¢4 out of 12 Julys: š Losses ā¢Best July: +24.03% (2020) ā¢Worst July: ā9.69% (2014) ā¢Average July return: +7.56%
#å åÆåøåŗåå¼¹ $BTC Bitcoinās halo effect strikes again: Guotai Junan International just got a Hong Kong crypto license ā and the stock skyrocketed 80%. In todayās markets, even brushing against Bitcoin is enough to trigger euphoric rallies. Narrative > fundamentals.
š Bitcoin is facing a severe liquidity drought. Short-term holders have reduced their holdings by 800K $BTC since May 27. Demand momentum is at a record low of -2M BTC.
With prices near $100K, new capital inflow is vanishing. A short-term correction might be healthy before the next leg up.
But remember: real bull tops are built on euphoria, not caution. Stay focused. š
The Empire of Stablecoins: A Paradox of Liquidity and Freedom
In the original vision of the crypto world, Bitcoin symbolizes decentralized freedom ā a monetary sovereignty free from the influence of any nation, bank, or institution. Ironically, as this financial revolution slowly unfolds, a new force is quietly reshaping this once-free land:
That is ā the rise of the Empire of Stablecoins.
Stablecoins, especially compliant digital dollars like USDC, are rapidly permeating the entire crypto ecosystem with the help of giants like Coinbase, Circle, and Visa, driven by a trifecta of policy, technology, and capital. On the surface, it addresses the volatility problem and enables the possibility of large-scale applications; but in essence, it also brings about an unprecedented structural shift: ⢠Liquidity pools in blockchain are increasingly concentrated in stablecoin-dominated DeFi; ⢠Users' wallets, once borderless and anonymous, are gradually evolving into semi-closed systems that require KYC and off-chain settlements; ⢠Native assets like BTC and ETH are marginalized as stores of value, losing their dominance in market pricing; ⢠Retail investors are being 'platformed,' with funds becoming API parameters between USDC and Shopify.
This is not a victory of freedom, but a reconstruction of power.
Stablecoins are weaving a new network of financial colonialism in the name of 'compliance' and 'efficiency.' The blockchain, from an ideal of decentralization, has transformed into a 'pipeline of infrastructure' for the digital age ā and the valves of that pipeline are no longer in the hands of the people.
We should not fully reject this process, for the world needs bridges. But we must be vigilant: once the bridge is blocked, it becomes a cage.
In this new Empire of Stablecoins, the only thing that has not yet been co-opted is Bitcoin. It remains permissionless, non-freezable, and borderless ā it still belongs to you, to the very essence of free will.
As some have said:
'āStablecoins are how they get you back. Bitcoin is how you stay free.ā #GENIUS稳å®åøę³ę”
#äŗ¬äøåø š§µBREAKING: JD.com just announced its own āstablecoin strategy.ā Spoiler: itās more like a digital store credit in fancy shoes than a real stablecoin.
While USDT & USDC flow freely across DeFi like lifeblood, JDās token might only work⦠if youāre buying a rice cooker on their app. šš³
Nice try, though. Hong Kongās stablecoin sandbox is open ā just donāt forget itās still in the sandbox.
š®š±āļøš®š· #仄č²åä¼ęå²ēŖ Middle East Tensions Rock Markets As Israel strikes Iran and conflict escalates, capital is fleeing to gold and oilāwhile Bitcoin faces heavy liquidation. Volatility is not weakness. Itās consolidation before the next leg up. š $BTC is not a hedge. Itās the future.
#Metaplanetå¢ęęÆē¹åø MetaĀplanet has become the world's ninth largest publicly traded company holding Bitcoin, marking the acceleration of Asian capital entering the core territory of Bitcoin asset allocation. Surpassing Coinbase is not only a breakthrough in data but also a manifestation of market confidence. Compared to the self-produced and retained Bitcoin by mining company Hut 8, MetaĀplanet's public purchases carry more financial symbolic significance, indicating that Bitcoin is gradually being seen as a new standard for corporate reserve assets. This also suggests that the driving force behind the next round of the crypto bull market may no longer come solely from the West, but rather shift towards Eastern financial new poles like Tokyo. $BTC