爷兔了Crypto

Is it too much to say that it's animalistic? For a few dozen U in airdrop, I've wiped out all my savings.

OM Flash Crash Record: I won't take the blame, please contact the next exchange
This morning, OM plummeted from $6 to the floor with a big red line, losing 90% instantly. The community is in an uproar, urging the project team to come forward and explain.

As a result, the project team jumped out not to admit fault but to shift the blame —
"It's not our problem, it's due to improper liquidations by other CEXs, BN is innocent, we are even more innocent!"

What this means is:
You invest in the coin they issued,
They throw the blame to the exchange,
Then they wipe their hands and say, "The tokens are still in the vault, don't get excited."

The project team's actions are like:
The building collapsed, and the developer stands on the ruins saying, "It's not my fault for building it crookedly, the wind was too strong."
Investor: "Bro, should you consider selling some insurance next time you launch a coin?"

In this unregulated crypto space, one sentence summarizes today's events:
The price fell, trust collapsed, and a good blame was shifted.

$OM -90%
Color: Deep Red
Responsibility: Please contact the unknown exchange, thank you for your cooperation #om $OM

Wealth management and pledging, daily earnings fluctuate around 10 yuan, in this market, this is the only positive return 🥹$SOL

Daily net inflow, daily increase in holdings, but daily no rise, may I ask where the money has gone? #山寨币ETF进展

This giant whale's operations are very important, as it has a trading volume more than 7 times that of Binance in the last 24 hours, which is a bit scary. For now, it has exited $BTC .

I am starting to feel scared $BTC

Sol has always been staked and it's always enjoyable, with ongoing activities.

《Will the Renminbi Stablecoin Arrive? JD.com and Ant Group Accelerate Offshore Market Layout》

According to existing information from multiple sources, JD.com and Ant Group are lobbying the People's Bank of China to approve the issuance of a Renminbi stablecoin, which is basically true.

According to exclusive reports from Reuters, JD.com and Ant Group are actively promoting an offshore Renminbi stablecoin project, planning to apply for compliance licenses through regions such as Hong Kong and Singapore, becoming a new tool for the internationalization of the Renminbi. Although neither company has publicly confirmed this yet, based on JD.com's Liu Qiangdong's recent statements about applying for stablecoin licenses globally, and the progress of Ant Group preparing to apply for stablecoin licenses in Hong Kong, this news has a high level of credibility.

The regulatory environment in Hong Kong is improving, with the "Stablecoin Regulations" set to officially take effect in August. Ant Group has clearly stated that it will submit its application as soon as possible, and JD.com's stablecoin has also entered the testing phase. The regulatory authorities' attitude towards stablecoins is gradually opening up, and relevant officials from the central bank have mentioned that "there is a possibility for offshore Renminbi stablecoins," providing a positive signal for JD.com and Ant Group's layout.

Overall, the Renminbi stablecoin may pilot in the offshore market in the near future, becoming a new lever for the internationalization of the Renminbi. In the future, whether JD.com and Ant can successfully obtain the "green light" from the central bank deserves continued attention. $SUI

Trump's goal is to get the Federal Reserve to lower interest rates, but the uncertainty of tariffs has made Powell hesitant to lower rates. At least before lowering rates, there will be no more of the previous tariff chaos, so feel free to charge ahead! $SOL

Big Fool Chun, what are you doing!!!

The Art of Harvesting: The Trump Family's $620 Million Quick Wealth in the Cryptocurrency World

In just a few months, the Trump family made a staggering $620 million, contributing nearly 10% to the family's net worth! "One day in the crypto world is like a year on Earth," but the speed at which the Trump family is raking in money is simply unparalleled. Even more astonishing is that they are doing it all in a high-profile, legal, and compliant manner, turning wealth harvesting into an art form.

Starting with their own DeFi platform World Liberty Financial (WLFI), they issued the stablecoin USD1, backed by the "aura of the former U.S. presidential family," claiming it is 100% supported by dollar assets. They then launched their personal meme coin—Official Trump Coin, which skyrocketed hundreds of times in just 12 hours. Additionally, they introduced a series of innovative NFT trading cards. Let’s not forget their Bitcoin mining ventures; the company recently raised $220 million to purchase mining machines and is planning to merge with Gryphon Digital Mining to go public, ready to reap another round in the capital market.

The Trump family is boldly promoting their cryptocurrency business at a breakneck speed: it's a seamless transition between politics and business. With the favorable policy wind of the "Great and Beautiful" Genius Act stablecoin legislation, the USD1 stablecoin has also taken off, as it was used by Middle Eastern tycoons to pay a $2 billion investment, causing its market value to soar overnight. Trump then turned around and boasted about this case: "Look, they dare to use USD1 for settlement, our stablecoin is both big and beautiful!" On one side, there is the president signing favorable legislation for industry development, while on the other side, their platform's tokens are unlocked for circulation in advance, and their subordinate projects are being hyped in turn. Trump demonstrates through action what it means to set the rules and then win.

The most remarkable aspect is that this family's method of harvesting wealth can be described as “legally harvesting chives.” In the past, project parties that harvested chives had to do so secretly by issuing air coins and running away, while the Trump family openly issues coins, pumps them up, and cashes out, after all, they are among those who set the rules. Even if the small investors feel bitter inside, they have to sigh: “Big players are indeed big players; they are not playing with coins, but with policies and legal compliance.” This wave of operations has already been recorded in the annals of the crypto world, marking a legendary era.

The Victory of the 'Too Big to Fail' Bill: Good News for the Crypto Market, or New Shackles?

Recently, the 'Too Big to Fail' bill (FIT21) has become a hot topic in the U.S., finally starting to seriously discuss crypto regulation! This time, the U.S. does not intend to apply a one-size-fits-all approach, but rather divides digital assets into two categories: well-functioning and decentralized assets like Bitcoin and Ethereum will be regulated by the CFTC; while projects with centralized control will still be under the SEC's watch. In simple terms, Bitcoin and Ethereum are basically safe for the time being.

For retail investors, the biggest benefits of this bill are:
✅ Clear legality and compliance, no need to fear exchanges shutting down
✅ Self-custodied wallets can be used with confidence, ensuring better security of funds
✅ In the future, it may be easier to purchase compliant crypto products, such as ETFs and compliant stablecoins

For exchanges, major platforms like Coinbase that focus on compliance are definitely winners. The regulatory path is clear, legal identity is established, and institutional funds are likely to flow back in.

More importantly, compliant stablecoins are given the green light; stablecoins like USDC, which are honest and have dollar reserves, will be more sought after in the future, greatly expanding opportunities for cross-border payments, DeFi applications, and corporate settlements.

However, don't think you can completely relax. Stricter KYC (real-name verification) and tax reporting will become the norm in the future, making it increasingly difficult for exchanges to run away or for platforms to collapse, and the clever trick of 'buying crypto without reporting taxes' will no longer work.

Which projects should be closely monitored in the future? The answer is:
• Compliant exchanges: Coinbase, Kraken, etc.
• U.S. Dollar stablecoins: USDC, future compliant newcomers
• Mainstream public chains: Bitcoin, Ethereum, Solana, Layer 2 networks
• Compliance-friendly DeFi: protocols like Aave and Uniswap that are ready to embrace regulation

In summary: this wave is a combination of tightening and releasing. The future may not allow for wild growth, but with greater compliance, healthier practices, and institutional entry, it may actually serve as a catalyst for the next bull market.

Spot trading reigns supreme, cherish the low points, and who knows, maybe the next time we dine out, we can even pay the bill with compliant stablecoins.

Musk erupts: "Big and Beautiful" bill passed, I will establish a new party tomorrow!

Recently, the U.S. Senate voted on the "Big and Beautiful" bill, which directly angered Musk to the point of typing furiously overnight. What does "Big and Beautiful" mean? Simply put, this bill, under the pretext of distributing money to everyone, quietly cuts new energy subsidies, tightens policies on crypto assets, and intends to ramp up global taxation.

Musk saw this and thought: isn't this aimed directly at me! Tesla will lose new energy subsidies, SpaceX may be troubled by political opponents, and even his beloved cryptocurrency could face strict regulation. Dubbed "global taxation," it may actually complicate cross-border crypto fund transactions.

Musk directly declared on the X platform: "If this bill dares to pass, I will establish a new political party tomorrow!" — This sparked widespread discussion online, with onlookers quickly taking sides, and about 80% of netizens surprisingly supporting him in forming the "Musk Party." Even the crypto community started to play along, creating the "KBBB" (Kill Big Beautiful Bill) meme coin, which skyrocketed in market value.

From Musk's perspective, this bill not only affects his electric vehicle business but may also increase the tax burden on his multinational enterprises. Coupled with potential restrictions on crypto assets, this is essentially cutting off his financial resources and undermining his beliefs.

Some say Musk's move is a "multi-front battle" to protect the crypto space, defend Tesla, and angrily confront the big spending bill; others argue that Musk is simply using his political influence to safeguard his business empire. But it is undeniable that Musk has once again successfully placed himself in the spotlight across the U.S.

In summary: As soon as the Big and Beautiful bill was introduced, Musk became both furious and wild.

The frequently mentioned Sol, have you bought it? The Sol spot ETF starts trading on Wednesday, let's go!!! #sol现货etf

Will history rhyme? Here comes the reference for the rise and fall rhythm of BTC and ETH in July!

Every July brings a bit more anticipation to the crypto market. So, does Bitcoin and Ethereum have any 'inertia' in their performance in July? Let's take a brief look:

Bitcoin (BTC) in July over the past 12 years:
• The probability of rising is about 66%, the historical trend rhythm is: rise-fall-rise-fall-rise-rise-fall-rise-rise-rise-fall-rise.
• In the last 4 years: rise-rise-rise-fall.
• Confirmed rise in 2024, according to the rhythm, 2025 may need to be a bit cautious, may experience fluctuations or adjustments, but overall still biased towards strong.

Ethereum (ETH) in July over the past 9 years:
• The probability of rising is about 33%, the first 4 years almost 'continuous falls', with a period of 3 consecutive years of rising in between.
• In the last 2 years (2023, 2024) continuous decline, from the rhythm perspective, there may be an opportunity for a rebound in 2025.

Summary of insights:
• July for BTC is usually an optimistic month, with a higher historical probability of rising, but 2025 may be slightly cautious, or experience fluctuations.
• ETH has seen continuous declines in July for the past two years, and from the rhythm perspective, there is a rebound opportunity this year, worth paying close attention to.

Of course, history is just a reference; the market still depends on the macro environment and market funds, but looking back, cycles sometimes really do rhyme.

Do you think next July will continue to rhyme with history? Feel free to leave a message to discuss together!

【Brief Read】The 'Crypto Bill' in the U.S. is Here, Key Points, Benefits, and Impact All in One Go

The 'FIT21 Crypto Bill' recently voted on by the U.S. Congress is referred to as the 'most important regulatory proposal for the American crypto industry.' If passed, it will fundamentally change the rules of the game in the crypto market. Here are the key points to help everyone understand quickly:

Core Content

Stablecoins Will Be Heavily Regulated: In the future, dollar-pegged stablecoins must have 100% reserves and disclose them publicly on a regular basis. Transparent coins like USDC will be the biggest beneficiaries, while offshore stablecoins like Tether may face restrictions.

Exchanges Must Be Dual Registered: All trading platforms in the U.S. must accept regulation from both the CFTC and SEC. Customer funds must be segregated to prevent incidents like the FTX misappropriation. U.S. exchanges like Coinbase and Kraken will benefit from this, while offshore platforms like Binance will find it harder to operate in the U.S. in the future.

Miners and Nodes Not Subject to Regulation: Miners, nodes, and wallet developers will not be considered 'brokers' and will not be required to file tax returns, providing some relief to those involved in blockchain infrastructure.

Clear Distinction Between Security Tokens and Commodities: If a blockchain is sufficiently decentralized and the project team does not control it, tokens can be classified as 'commodities' and fall under CFTC regulation. Bitcoin, Ethereum, and Solana may have the opportunity to break free from SEC pressures and not be classified as securities.

Who Will Benefit?

Coinbase, USDC, Ethereum, Solana: Clear regulation is a major positive for these already compliant projects, potentially increasing Coinbase's market value and enhancing trust in USDC.

U.S. Crypto Concept Stocks: Recent surges in stock prices of Circle and Coinbase are early market reactions.

Who Will Be Pressured?

Non-compliant Overseas Platforms: Some smaller platforms may be completely excluded from the U.S. market in the future, and Tether (USDT) may be restricted in circulation within the U.S., with diminishing regulatory arbitrage opportunities for offshore exchanges.

Market Outlook:
If passed, it would be a significant positive, providing clear regulation for the U.S. crypto industry and making institutional funds more willing to enter, which would help the healthy development of the industry in the long term.

If not passed, the U.S. may continue to rely on the SEC's heavy-handed enforcement, leading to regulatory chaos and keeping the market in an uncertain state, which could undermine investor confidence.

In summary: If the bill passes, a bull market in spot trading is basically confirmed; if the bill stalls, the crypto market will continue to face challenges.

Great, no need for more salt!!! Not limit-up, but keeps rising, estimated to reach 0.8$SYRUP on the Korean exchange.

Bitcoin loan to buy a house? Don't doubt it, this matter has been put on the agenda in the United States.

The latest news is that the Federal Housing Finance Agency (FHFA) of the United States has issued an order requiring the two mortgage giants Fannie Mae and Freddie Mac to prepare to include cryptocurrencies in mortgage asset assessments. Simply put, you can take the Bitcoin and Ethereum in your wallet to the bank to discuss loans. As for whether to bring a cold wallet and private key, it has not yet been written into the details.

This wave of operations in the United States is really a dream. On the one hand, Powell is stubborn and refuses to cut interest rates, and on the other hand, the Trump team has begun to use actions to firmly establish the flag of "making the United States the global crypto capital". After all, who would have thought that one day, the currency circle warriors could buy houses by buying at the bottom and use the cottage as a down payment?

Of course, the document did not forget to remind that it must be "crypto assets of compliant exchanges". Those small exchanges that pull 1000% of the local dog coins in 24 hours are probably not qualified to enter the house.

The mortgage scene in the future may be like this:
"Sir, what are your assets?"
"I have 10 Bitcoins, 3 Ethereums, and some Solana coins."
"Okay, please fill in the address and we will verify the assets on the chain."

Times have changed. US crypto stocks are soaring, stablecoin stocks are taking off, and even buying houses is about to support blockchain. And I am still struggling in the 1-hour K line, wondering when I can copy the intraday rebound.

Life is really full of little surprises of Web3. $BTC

Tether Co-founder Launches $1 Billion Crypto Fund, Brief Impact on the Market

On June 26, Bloomberg reported that the co-founder of Tether is collaborating with private equity giants to establish a $1 billion crypto investment fund through a SPAC. The fund plans to allocate investments in mainstream assets such as BTC, ETH, and SOL.

Main Impacts on the Market
1. Influx of Funds Boosts Mainstream Coins
If this funding is successfully secured, it will bring sustained buying pressure for BTC, ETH, SOL, and others, providing price support. Additionally, significant institutional participation will boost investor confidence in mainstream coins over the long term.
2. Stablecoin Demand May Benefit
With Tether's backing, the market's demand for USDT may continue to grow, especially as institutions build large positions, where stablecoin liquidity will become crucial.
3. Deep Integration of Traditional Finance and Crypto
The entry of Wall Street-backed funds through SPAC operations indicates that traditional finance is accelerating its layout in the crypto market, likely leading to more institutional follow-up.
4. Short-Term Sentiment and Mid-Term Trends
In the short term, the market may see a slight increase driven by sentiment, but since funds are still being raised, the short-term impact is limited. If the fund is successfully established, the logic of continued capital inflow in the mid-term becomes more important.

The publicly listed crypto fund being established by Tether's co-founder in partnership with private equity giants injects a dose of confidence into the market, both in symbolic and actual funding terms. It not only brings incremental capital and confidence to core assets like BTC, ETH, and SOL but also indirectly reinforces the status of stablecoins as the lifeblood of the market, further indicating the accelerating trend of integration between traditional finance and the crypto world. In the face of this change, investors must remain sharp and rational to navigate both short-term volatility and long-term opportunities.

Stablecoins Trend in the Second Half of the Year: Who is the 'King of Stablecoins' - Solana, Sui, or ETH?
1. Mainstream Financial Giants Reveal: FiUSD + Solana
• Fiserv launches FIUSD, this traditional financial giant that processes 90 billion transactions annually, serves 10,000 banks and 6 million merchants, announces its stablecoin will be based on the Solana chain.
• Mastercard collaborates to enable 150M merchants to accept stablecoin payments, fully covering payment scenarios.
This essentially tells the market: Stablecoins have officially begun to move towards the consumer end.

Reasons for Choice:
• Supported by Solana + Circle/Paxos, with mature technology + robust ecosystem;
• With Fiserv's traditional financial infrastructure, the rollout speed is faster than anyone else;
• Clear policy direction, compliance with stablecoin regulations is becoming increasingly solid.

2. Emerging Liquidity Dark Horse: SUI's Bridge Adhesion and TVL Explosion
• Sui chain currently has a TVL of 1.8–2.1 billion USD, stablecoin supply exceeds 1.2 billion USD, ranking third among non-EVM chains.
• Market consensus: If SUI can 'break $3.30', it may welcome the next wave of upward momentum.
• Plus, with Wormhole + OKX + Momentum constructing cross-chain bridges, stablecoin inflows are accelerating, and interoperability is smoother.

Reasons for Choice:
• Surge in TVL and liquidity indicates capital is entering the chain;
• Compliance penetration + continuous growth of stablecoin scenario users;
• Potential stock, undervalued at high opportunities, spot purchases can be arranged.

In addition, also pay attention to:
• Ethereum (ETH): A solid foundation built over the years, the DeFi stablecoin ecosystem has become a cornerstone;
• Other chains like Sei, LayerZero, etc., can also act as agency bridge tools, but currently, mainstream stablecoin liquidity tends to favor ETH/SOL/SUI.

Stablecoin Layout Suggestions for the Second Half of the Year
1. Focus on spot trading, contracts require caution: Market volatility is high, leverage can easily get washed out, stablecoin + chain selection is recommended;
2. Mainline three combinations:
• Solana + FIUSD: Mainstream stablecoin rollout + support from financial enterprises;
• Sui: Potential stock driven by DeFi-TVl-cross-chain;
• ETH: Established stablecoin application center, serving as a stable pillar for allocation;
3. Pay attention to compliance progress: GENIUS Act + bank bridge stablecoin policies are gradually clarified, whoever seizes the opportunity will win long-term trust;
4. Timing: If there is another drop (due to negative release), small batch trial positions can be opened, and wait to increase positions after the actual usage experience strengthens.