岳不群开路虎

The new regulations on stablecoins are quite strict! Implementing real-name systems and strengthening supervision, amounts over 10 million not only require bank approval but also incur a 20% tax.
Currently, the global focus on stablecoins is intense, with the U.S. trying to tie stablecoins to the dollar through the 'Genius Act' to solidify the dollar's position. Hong Kong, China has also introduced the 'Stablecoin Regulation Draft.' Stablecoins are different from Bitcoin; Bitcoin's price fluctuates wildly, while stablecoins are pegged to the dollar, gold, and other assets, showing less price volatility. They can be used as currency in the crypto world, with USDT holding a 60% market share and maintaining a 1 USDT = 1 dollar exchange rate. This new regulation might standardize the market, but it brings considerable pressure for some large capital players. #BTC #ETH #PiJS #pi #香港稳定币条例

The core of stablecoins is not the coin, but who controls it.
Many people think that stablecoins are just a "variant of cryptocurrency,"
but those who truly understand know that:

The core of stablecoins has never been the "coin," but the "control."

Look, those who are now entering the stablecoin space are not just pure crypto players, but Alipay, JD.com, banks, and state-owned enterprises in technology. Why?

Because the essence of stablecoins is actually "who anchors the value, who maintains trust."

In traditional finance, this role is the central bank;
and in the digital finance era, this role is starting to change —
• If it is issued by the government, that is digital sovereignty;
• If it is issued by a platform, that is a commercial closed loop;
• If it is issued overseas, that is cross-border arbitrage and systemic risk.

This is why starting in 2025, regulation, giants, and capital are all competing for the power of "who controls the coin."

The coin itself is not very expensive,
but the resources, scenarios, and credit systems behind anchoring it are the real battleground.

Stablecoins are not just a means of payment,
but also the ticket to future "central authority in digital finance." #BTC #ETH #pi #PiJS

Yiwu merchants start accepting stablecoins! The small commodity city welcomes "new customers from the crypto world"
​​"Scan this code, you can pay with USDT or USDC!" Recently, in front of many cash registers in the Yiwu International Trade City in Zhejiang, a sign printed with a digital wallet address has quietly appeared. This market, known as the "global small commodity distribution center," is subtly experiencing a new change in payment methods—some merchants have begun to accept stablecoin payments, and the news immediately sparked heated discussions.
​​In a jewelry store in Area 3 of the trade city, Mr. Wang, the owner, showcased the digital wallet on his phone: "I just activated this feature last week, and it is mostly used by old customers engaged in foreign trade." He explained that previously, receiving foreign exchange would take 3-5 days, and there was a 1% handling fee. With stablecoin payments, the funds arrive in just a few minutes, and costs have decreased by nearly 80%. Currently, among the Middle Eastern and Southeast Asian clients he serves, 30% have proactively requested to pay with stablecoins.
​​The market management revealed that about 50 merchants are trying out stablecoin payments, primarily in industries with a high export ratio such as toys and small appliances. These merchants have completed cross-border settlement registration, and funds must be converted to RMB through a designated platform. One merchant calculated: with an average monthly export of 1 million yuan, using stablecoins could save nearly 8,000 yuan in handling fees, reducing the settlement time from 7 days to 2 hours.
​​However, ordinary consumers currently cannot use this service. Merchants indicated that it is only available to old customers with an annual transaction volume exceeding 500,000 yuan and must sign a risk disclosure agreement. Industry insiders analyze that Yiwu merchants' attempts are related to recent fluctuations in the RMB exchange rate, as some clients wish to avoid exchange rate risks through stablecoins.
​​Market regulatory authorities remind that stablecoin settlements must strictly adhere to foreign exchange management regulations to avoid crossing compliance boundaries. Whether this "small revolution" in payment methods can be expanded in Yiwu depends on subsequent regulatory details and actual usage effects. Netizens are discussing enthusiastically: "Yiwu truly dares to be the first, is this going to bring business into the crypto world?" #BTC #ETH #pi #PiJS

From the 4-hour price chart, Bitcoin faced significant resistance after rising to the upper Bollinger Band, subsequently dropping for four consecutive days and even breaking below the crucial support line in the middle of the Bollinger Band. In the short term, there are signs of price weakening.
Looking at the MACD indicator, the fast and slow lines formed a death cross above the zero axis and have been moving downwards, while the green bars representing bearish strength are also growing longer, indicating that the power of short selling is continuously increasing.
Additionally, during the price decline, trading volume has gradually increased, suggesting that the selling pressure in the market is being released progressively. Although there was a slight rebound when the price dropped to around 107500, the overall trend still favors bears, and the possibility of continued decline or even breaking below support levels should not be underestimated. Therefore, today, it is better to focus on short selling when prices rise.
Morning trading suggestion:
Consider short selling Bitcoin in the range of 108500 to 109000, with a target looking towards 107500 to 106500. #BTC #ETH #pi #PiJS

860 million US dollars in Bitcoin transferred, is it a scheme by the United States, or the awakening of a Chinese ancient whale?
​First of all, this nearly 9 billion dollar Bitcoin transfer is a real event that has been confirmed by on-chain monitors such as Whale Alert and Lookonchain last night; it can also be publicly queried on the Bitcoin blockchain. However, it is still uncertain whether this suddenly awakened 'ancient whale' is Chinese!
​Secondly, there are claims that the 'Genesis wallet' of Bitcoin's founder Satoshi Nakamoto has been cracked, and the 40% of Bitcoin he initially sealed will be released, causing Bitcoin to drop to a few thousand dollars. This is definitely not true; many people panicked and sold off, only to be intercepted by others. Currently, it's still unclear who Satoshi Nakamoto is. Previously, it was said to be the Japanese mathematician Shinichi Mochizuki, but he himself denied it. Moreover, the fields Mochizuki is researching, such as distant Abelian geometry, seem to have little to do with cryptocurrency. Later, it was claimed to be several Americans, but this has also been debunked.
​Thirdly, many speculate that this whale is 'the first person in the Chinese cryptocurrency circle,' known as Kǎo Māo. He is also considered a legend; his real name is Jiang Xinyu, from Shaoyang, Hunan. A child prodigy, he entered the Youth Class of the University of Science and Technology of China at the age of 15, then went to Yale University in the United States for further study. He came into contact with Bitcoin in 2011 and founded ASICMiner in 2012, one of the first groups of entrepreneurs developing Bitcoin-specific mining machines. At one point, his computing power accounted for 43% of the global computing power, so he held a lot of Bitcoin and was referred to as the Bitcoin overlord by insiders. However, it is strange that after 2014, he mysteriously disappeared, and there has been no public news about him since.
​Therefore, many speculate that this is either a scheme by the United States or that the suddenly awakened ancient Bitcoin whale is him, but some also say that he may have been harmed, as holding so many anonymous virtual currencies in the United States is akin to being a small lamb walking alone in a wolf pack #长期持有策略 #BTC #ETH #PiCoreTeam #PiJS

Bitcoin can also be issued again. A "wallet" that has been dormant for 14.2 years and contains 10,000 BTC is about to awaken. The owner of this address holds at least 80,000 BTC, which originally cost $1.65, and at the current market price has multiplied directly by 66,000 times, making their net worth soar to $8 billion.~
​Let me explain a bit, ~
​A Bitcoin address is a unique identifier used to receive Bitcoin on the blockchain network, similar to a bank account number in the traditional financial system. It is generated by processing a public key through a hashing algorithm (such as SHA-256 and RIPEMD-160) and is a public string.~
​If you own the private key, only then do you own the Bitcoin assets in that address.~
​Now the question arises~
​If many Bitcoin addresses wake up, can the value of Bitcoin still stabilize at $110,000 per coin?~
​Why do Bitcoin addresses go dormant?~
​Because the early Bitcoin ecosystem was not well-developed, exchanges frequently had security vulnerabilities (such as the Mt. Gox incident), and users lost their assets due to hacking attacks, exchange closures, etc., causing the corresponding addresses to also go dormant.~#BTC #ETH #pi #PiJS

An address containing 10,000 BTC (approximately $1.092 billion) has just been activated after being dormant for 14.2 years.
​This reminds me of the market fluctuations triggered by large transfers in Bitcoin's history, with veteran investors sighing, "Back then, $10,000 felt expensive," and now the price has increased a hundredfold, yet there are still brave souls willing to take the plunge.
​In fact, there have always been two extreme mindsets in the market: some believe that holding on guarantees profit, while others think that securing profits is the true victory.
​Now, with this ancient giant whale, which hasn't budged for over a decade, suddenly stirring, it has added fuel to the market; I wonder what jaw-dropping scenarios will emerge this time.#BTC #ETH #pi #PiJS

This round of the bull market in the crypto world feels like a Bitcoin bull market, while altcoins have plummeted tragically. Even the stablecoin stocks in the A-share market are rising steadily. It's been a long time since the halving, and the Federal Reserve has been slow to cut interest rates. The old investors are likely worn out by this market cycle, and even Ethereum has performed poorly. Many people in the crypto world have already lost their composure. Some say it's about integrating cryptocurrencies and stocks, with money being siphoned off into the stock market. Others say the overall environment is bad, and people are reluctant to invest so much money into crypto. What exactly is the reason? I don't know.
Not just altcoins, but also the so-called 'meme coins' are in a mess; almost all the meme coins that surged on-chain in the past few months have seemingly gone to zero!
With the non-farm payroll data released, everyone is feeling even more pessimistic, believing that a rate cut at the end of July is basically impossible, and it's uncertain whether there will be a rate cut in September. It's tough to endure.
As for whether there will be a grand bull market in the second half of the year, with all currencies soaring in prosperity, let's leave everything to time! #pi #PiJS #BTC #ETH

Major Events in the Crypto World: A Wallet Transfers 10,000 Bitcoins After 14 Years of Dormancy
On July 4th, news from Onchain Lens reported that a whale, after being dormant for 14.4 years, transferred 10,000 BTC (worth 1.09 billion USD) to a new address.
Fourteen years ago, Bitcoin was priced at $0.78 each, and now it is $110,000 each.
It is hard to imagine what kind of person could hold on for 14 years.
Many people sold when faced with tenfold or hundredfold profits. Those who can hold on for thousandfold profits are extremely rare. Achieving ten-thousandfold benefits and still holding on is truly exceptional.
This big player earned 140,000 times their investment, which is just unbelievable.
What will Bitcoin ultimately be worth? #BTC #ETH #pi #PiJS

This issuance is by no means coincidental!
​Tether has just issued 1 billion USDT on Ethereum, and the global share of the US dollar stablecoin has surged to 99%, almost monopolizing cross-border payments and the crypto market.
​On the other side, JD.com and Ant Group are intensifying their lobbying for the central bank's approval of offshore RMB stablecoins, hoping to take advantage of the 'Stablecoin Regulations' that come into effect in Hong Kong on August 1 as a breakthrough. Currently, the share of cross-border payments in RMB has dropped to 2.89%; if no action is taken soon, the digital economy's influence may completely be dominated by the 'U.S.'.
​Some netizens discuss:
​The dollar's hegemony should have been broken long ago.
​The liquidity issue of RMB stablecoins must be addressed first.
​The new regulations in Hong Kong are a timely blessing.
​This covert battle is not just a technological upgrade, but a struggle for financial lifelines. As blockchain networks begin to replace the SWIFT system, and as BlackRock moves trillions of assets onto the chain, the rules of global payments are being rewritten on the chain. Can the RMB overtake in a curve? The issuance of Hong Kong licenses will reveal the answer. #pi #PiJS #BTC #ETH

Yesterday's Bitcoin has already risen to 110,000 USD. It surged all the way up, and altcoins have also increased a bit. However, we are still far from breaking even, with a difference of 108,000 miles. Last night, the non-farm payroll data came out, making it highly probable that the Federal Reserve will not cut interest rates in July, which was a bit unexpected. How many people are waiting for rate cuts to unleash liquidity? Just hang in there; perhaps when everyone is pessimistic, it will quietly rise! #BitcoinMarket# #BitcoinPrice

Bitcoin breaks through $110,000
​Bitcoin continues to rise, it all depends on whether the Chinese government gets involved. As long as you get involved, the Americans can sell off in large quantities. If you don’t get involved, it will keep rising without involving you.
​Once the government acknowledges Bitcoin, the U.S. can use a large amount of Bitcoin to buy Chinese resources or directly offset U.S. debt, and then Bitcoin will drop to the bottom, equivalent to China being harvested.
​Dealing with rogues requires rogue tactics. Discover one and collect it, then sell it to fill the national treasury, let’s see how you play. #pi #PiJS #BTC #ETH

The issue of the United States issuing stablecoins is something everyone should pay attention to.
Recently, there has been a high level of global interest in stablecoins. The U.S. is pushing for legislation, and Circle's stock surged about 168% on its first day of trading.
After obtaining a trading license, Guotai Junan International's stock price soared over 150%, and companies like JD.com and Alibaba are also planning to issue stablecoins in Hong Kong.
However, stablecoins are not as 'stable' as they seem. They are closely linked to the U.S. Treasury crisis. The issuers use the money users pay for stablecoins to buy U.S. Treasuries to earn interest, while users receive no interest.
Once there is a problem with U.S. Treasuries, all the risk falls on the users. It's like giving your money away; others profit while you bear the risk of loss.
Therefore, ordinary people should not venture lightly. Protect your own purse and do not be fooled by those seemingly attractive appearances; otherwise, if your money disappears, it will be too late to regret.#pi #PiJS #BTC #ETH

The magical comeback of the cryptocurrency genius Liangxi! With a capital of 2000 U, he wildly earned 5 million U
On February 26, 2025, Bitcoin plummeted to 86,000 dollars, and the entire network faced a bloodbath with 1.06 billion U liquidated. Liangxi made a stunning counterattack! He accurately perceived the wide fluctuation and downward trend of ETH, using 50-100 times high leverage to strike in both directions—shorting during rebounds and going long during crashes, executing high-frequency trades to harvest volatility profits. The most ruthless move was making a long position at the lowest point of ETH's crash, earning over 2 million U in a single trade, turning 2000 U into a 5 million U mogul within 24 hours. This operation is considered a textbook-level master move in the cryptocurrency world #BTC #ETH #pi #PiJS

#PI# A difficult moment for both sides.
Rise, a large amount of hoarded coins waiting for the increase, profit-taking and cashing out.
Fall, a large number of investors waiting to buy the dip, all positioned heavily at 0.30, laying in ambush at the low.
Everyone is wondering, where do you think it will go next? #pi #PiJS #BTC #ETH

Will the expansion of the trading market after #pi lead to a surge in the market?

In addition to adding web3 wallet functionality, the 6.28pi browser has introduced a cross-chain bridge, which is significant as it opens the door for multi-currency trading of pi coins. Currently, pi can only be traded with USDT, which excludes developed countries like Europe (due to restrictions on the use of USDT in European digital currency policies). This is because 70% of the issued USDT is used in developing countries, while the rest is mainly used in the US, Japan, and South Korea. The key point is that once cross-chain multi-currency trading of pi is opened, the trading of pi coins will truly become global, allowing developed countries like Europe to trade pi without barriers, which is of great importance. #PiJS #BTC #Pi

Ten years of hard work for nothing
A nest of coins becomes a millionaire
Those who move towards their goals, the entire crypto circle makes way for them
Yesterday, Bitcoin experienced a pullback trend after consolidation starting from noon, gradually strengthening. The 4-hour level has shown four consecutive declines, but it has not broken the previous support of 104800, indicating that the momentum is still insufficient and the short-term will still belong to oscillation and repair. Key attention should be paid to the support below 104800 and the resistance above 107200. Breaking either side and stabilizing will lead the market to lean towards that direction, but from the daily line perspective, KDJ and RSI both show a dead cross with divergence downward.
In summary; BTC near 106500-107100 is a defense around 800, looking down at 104800/103300
#ETH# #BTC# #Ethereum# ETH near 2430-2450 is a defense around 40 points
Looking down at 2370-2300 #pi 91799179178517

On June 30, big news has arrived!
U.S. Treasury Secretary Yellen revealed that a new stablecoin bill might be introduced before mid-July. Once this news was released, the financial world erupted!
This matter has a huge impact. The stablecoin market has long been plagued by chaos, with various incidents of defaults and scams causing investors to lose everything. Once the new bill is enacted, it will be like putting a "tightening spell" on the market, ensuring the safety of investors' money and greatly boosting market confidence.
I think this is a significant benefit for ordinary investors. In the future, investing in stablecoins will no longer be a source of fear, allowing for more peace of mind. However, from an innovation perspective, if the bill is too stringent, some emerging cryptocurrency companies may be hindered, obstructing industry development.
What does everyone think? Do you believe this bill is more beneficial than harmful, or more harmful than beneficial?

These past few months, the altcoin market has probably worn out many people's patience. At that time, it was thought that Trump's presidency would establish a cryptocurrency capital, and it was believed to be a big boon for the crypto world. However, a series of massive crashes caught everyone off guard. Many people leveraged their contracts, hoping to get rich quickly, but the market moved in the opposite direction, resulting in liquidation and losses. Apart from Bitcoin, it feels like almost all altcoins are beyond saving. Sigh, those who need to work should just focus on their work and wait silently. I don't know when this will come to an end; we should just wait patiently. #VirtualCurrencyMarket# #CryptocurrencyUpdates# #CryptoPrices#

The cryptocurrency market has been sideways for a week, is this the prelude to a big move?
​BTC has just surged to a new high of 108K, consolidated for five days, and a pullback warning has been issued, but don’t panic; a pullback to gather strength for another surge is more stable.
​The market is testing patience; everyone is getting anxious. Waiting for a direction feels urgent, and floating profits are shrinking, causing anxiety.
​BTC's rebound has absorbed the losses, leading strongly, while ETH is slightly weaker. However, historical data shows that rotation and increases are common, and ETH may explode after a pullback.
​Consolidation is a healthy signal, releasing excessive speculative pressure.
​Looking at recent dynamics, it resembles the 2024 NASDAQ pullback case—a brief decline to clear the bubbles, followed by a stronger rebound.
​A pullback of around 10% is normal; are we cutting losses?
​In fact, it’s a washout opportunity; the entry point has arrived.
​Investors should remain calm; don’t chase highs or panic sell. Do your homework during the consolidation period, set stop losses, and proceed steadily.
​A pullback to the right level is a golden opportunity; it’s better to plan than to wait.
​ETH has hidden potential amidst its weakness; the next increase may surpass BTC, and data supports this view.
​The cryptocurrency market is volatile, but the trend remains unchanged.
​The sideways movement is ending; after the pullback, the increase could be significant, so hold on and don’t be afraid.
​Opportunities are reserved for those who are prepared. #pi #PiJS #BTC #ETH