$BTC In addition, the Federal Reserve has paused interest rate hikes, inflation data is stable, real yields are declining, and Bitcoin's attributes as a digital hedge asset are receiving more attention, attracting funds from traditional safe-haven assets.
However, the cryptocurrency market is characterized by high uncertainty and risk. Changes in policies and regulations, fluctuations in the macroeconomic situation, changes in market sentiment, and technical issues can all have a significant impact on Bitcoin's trading situation.
#č¶åå åÆęæē - Current Policy Content: The 'Digital Technology Industry Law' categorizes digital assets into 'virtual assets' and 'cryptographic assets', excluding financial instruments such as securities and digital fiat currencies, and grants the government the authority to formulate detailed rules. It also emphasizes requirements for cybersecurity, anti-money laundering, and counter-terrorism financing. The operation of digital assets must implement cybersecurity measures to prevent money laundering, strengthen consumer protection, encourage legitimate digital asset innovation, and ensure that relevant regulations align with international standards, aiming to remove Vietnam from the FATF gray list. Additionally, this law introduces incentives such as tax reductions and land use benefits for companies engaged in artificial intelligence, semiconductors, and digital infrastructure, and incorporates digital technology skills into the national curriculum to cultivate talent in the field of digital innovation.
- Layered Design: Utilizes a layered ecological system design, divided into a settlement layer and a computation layer, allowing for targeted deployment and upgrades for different layers, achieving high scalability. ā - Consensus Algorithm: Employs the proof-of-stake consensus algorithm Ouroboros, which avoids wasting electricity by randomly selecting any node as a block producer, with the selection probability being proportional to the node's stake. ā - Technical Development: Built using the functional programming language Haskell, employing a rigorous high-reliability formal development method, collaborating with world-leading scholars for academic research, with most research undergoing peer review.
#å”å°č¾¾čÆŗēØ³å®åøęę” - Fund Conversion: Convert $100 million worth of native tokens ADA from the Cardano treasury into stablecoins supported by Cardano, such as USDM, etc. ā - Collaboration Concept: Propose collaboration with major hedge fund Brevan Howard to enhance key activities within the ecosystem, such as increasing total value locked (TVL) and market making, etc. ā - Revenue Model: The proposal can yield an annual return of 5%-10%, and the profits will be used to purchase ADA from the open market and return it to the treasury, forming a self-sustaining economic model.
From a technical perspective, Ethereum on the 4-hour chart shows that the RSI indicator may be approaching the oversold area, while the MACD indicator has formed a death cross above the zero line, with a rapid reduction in the histogram indicating an increase in bearish momentum.
However, on June 11, the Ethereum spot ETF still recorded a net inflow of $240 million, marking 18 consecutive days of net inflows, which demonstrates that institutional investors remain confident in Ethereum's long-term prospects.
$BTC - Price Trend: BTC price has declined. According to CoinWorld data, the BTC price has dropped below 108,000 USD, with a 24-hour decrease of 1.633%, falling to 107,980.01 USD. The 4-hour candlestick chart shows a significant drop in price compared to June 11 at 12:00, breaking through the low point of June 11 at 16:00, and has decreased compared to June 10 at 20:00, with a decrease in market trading activity.
As of June 10, 2025, at 6:44 AM, the price of Ethereum fluctuates around $2,650, up 1.2% from the previous day.
From a technical perspective, the Ethereum daily chart shows a "cup and handle pattern". If it breaks through the $2,700 neckline, the potential increase could reach 30%-55%. On the funding side, Ethereum ETF funds have seen over $630 million inflow for 11 consecutive days, significantly outperforming Bitcoin, indicating a rotation effect in funds.
The virtual asset transfer income tax originally planned for implementation in 2025 has been postponed to 2027, due to the immature technology and incomplete investor protection system.
Stablecoin Related Policies
President Lee Jae-myung plans to establish a stablecoin system pegged to the Korean won, using a 1:1 full collateralization model, fully backed by safe assets such as cash or short-term government bonds, with real-time disclosure of reserve status and the obligation for immediate redemption, in order to prevent capital outflow and strengthen the financial sovereignty of the local currency.
- Over-leveraged Positions: Investing too much capital can lead to significant losses or even liquidation if the market turns unfavorable. ā - Improper Diversification: Either overly diversified or concentrated investments, without a reasonable asset allocation, reduce the stability and profitability of the investment portfolio.
Trading Operation Errors
- Ordering Mistakes: Such as entering the wrong trading quantity or price, resulting in trading outcomes that do not meet expectations. ā - Technical Failures: Issues with trading software, network, or other technical problems that affect the normal execution of trades.
#ē§ęå·Øå¤“å „åŗēسå®åø - Visa: On April 30, 2025, in collaboration with Bridge supported by Stripe, financial technology developers will be allowed to issue Visa cards pegged to stablecoins, enabling users to pay with stablecoin balances at fiat currency points of sale. ā - Mastercard: Announced on April 28, 2025, a partnership with multiple trading platforms and wallets such as Circle, OKX, and Paxos, allowing consumers to spend stablecoin balances through Mastercard cards, and merchants can also directly settle fiat card payments as USDC.
#äŗ¤ęęē»č“¹ęē§ - Exchange Fee: As a USDC issuer, Circle charges a fee for cash transactions involving USDC exchanges conducted through the Circle Mint platform. For exchange amounts between 2 million and 15 million dollars, the fee rate starts at 0.03%; for amounts exceeding 15 million dollars, the fee rate can be as high as 0.1%. However, if traders are willing to wait up to 2 days to receive cash, they can opt for a free USDC exchange service.