Bitcoin Becomes a Garbage Coin, Is a Fork Coming? OP_RETURN Opponents Sell BTC in Protest!
A civil war over Bitcoin's core values and future direction is intensifying. The Bitcoin Core developer team recently confirmed that it will significantly ease the data storage limitations of the OP_RETURN function in the upcoming Core30 version, scheduled for release on October 30, 2025. This seemingly purely technical adjustment has ignited fierce controversy within the community, seen by many veteran Bitcoin supporters (OGs) as a fundamental betrayal of the 'sound money' concept. Opponents have angrily claimed that this move will turn Bitcoin into a 'garbage chain' filled with useless data, with some individuals even expressing their protest by selling BTC and threatening to exit the industry. For a time, the shadow of whether Bitcoin would replay the 2017 block size war, leading to division and hard forks, once again loomed over the entire crypto world.
Panic of Kidnappings in the Crypto World! The 'Bitcoin Family' Abandons Hardware Wallets and Disperses Private Keys Across Four Continents!
With the soaring market value of cryptocurrencies, violent crime incidents targeting cryptocurrency holders have sharply increased globally, leading to an invisible 'kidnapping panic' spreading within the crypto community. From France to the United States, several high-profile kidnappings, extortion, and even torture incidents involving well-known cryptocurrency entrepreneurs and their families have shocked the entire industry. In this context, the 'Bitcoin Family', known for their 'all in BTC' approach, recently announced by head of the family Didi Taihuttu, that they have adopted extreme yet innovative security measures to cope with the growing threats: completely abandoning hardware wallets, once hailed as one of the safest storage methods, and instead opting for a 'distributed steel plate storage' scheme that splits and disperses their private keys (mnemonic phrases) hidden across four continents. This move not only highlights the deepening security anxiety among cryptocurrency tycoons but also signals a profound evolution in the concepts and technologies of crypto asset security.
Singapore's 'Zero Tolerance' Expulsion of Cryptocurrency 'Scammers': Stay or Be Penalized! Is Dubai the 'Buyer'?
Once upon a time, Singapore was praised by global Web3 entrepreneurs as the 'crypto safe haven' of Asia and even the world, thanks to its coexistence of openness and prudence in financial policy. However, a sudden regulatory storm is completely rewriting this situation. On May 30, 2025, the Monetary Authority of Singapore (MAS) officially released new regulatory rules for digital token service providers (DTSP), adopting a 'zero tolerance' stance, requiring all cryptocurrency companies operating in Singapore without compliance licenses to fully cease operations or withdraw by June 30, or face criminal penalties.
How to Handle Cryptocurrencies Involved in Cases in China? Police's New Strategy: Borrowing Through Hong Kong to Sell and Submit to the Treasury!
For a long time, a thorny issue has plagued China's law enforcement agencies: how to handle the large amount of seized and confiscated cryptocurrencies involved in crimes such as money laundering and fraud, which have become increasingly rampant. Under the strict prohibition of virtual currency trading in mainland China, these digital assets seem to have become 'hot potatoes' that cannot be legally, publicly, and transparently liquidated domestically. However, this dilemma has now encountered a breakthrough solution. Recently, the Beijing Municipal Public Security Bureau announced the launch of a new mechanism for the disposal of virtual currencies involved in cases—collaborating with the Beijing Property Exchange to innovatively 'borrow' compliant licensed exchanges in Hong Kong to publicly liquidate the virtual currencies involved in cases and ultimately submit the funds to the treasury. The establishment of this 'Beijing model' not only provides a benchmark for law enforcement agencies nationwide but also cleverly utilizes the unique advantages of 'one country, two systems,' highlighting Hong Kong's indispensable bridging role in the global Web3 landscape.
South Korea Elects a Pro-Bitcoin President! Will the Cryptocurrency Powerhouse Usher in a New Era of Cryptocurrency?
On June 3, 2025, South Korea's political landscape experienced a significant turning point. The opposition Democratic Party candidate Lee Jae-myung won the presidential election with nearly 50% of the votes (specifically 49.42%), defeating his rival Kim Moon-soo from the right-wing People Power Party (with 41.15% of the votes) and successfully becoming the 21st president of South Korea. With this new president who holds a positive stance on cryptocurrencies officially taking office on June 4, one of the world's major cryptocurrency markets—South Korea—expects to see a significant shift in its cryptocurrency policy landscape, potentially ushering in a new era of cryptocurrency for this "cryptocurrency powerhouse."
China’s “unspoken position”: Can Bitcoin be used as a reserve asset?
As China continues to strictly prohibit cryptocurrency trading and mining activities, a development from the China International Monetary Institute (IMI), a Chinese government-backed think tank, has unexpectedly ignited market speculation about a possible subtle shift in China's official stance on Bitcoin (BTC). Recently, IMI forwarded a report titled "The Case for Bitcoin as a Reserve Asset" on its official WeChat account, with comments pointing out that, against the backdrop of the declining attractiveness of the U.S. dollar and new challenges facing gold, Bitcoin is gradually shifting from a "speculative asset" to a "strategic reserve asset," and its position in the global reserve system deserves continued attention. Although this is not an official policy statement from IMI, given IMI's official background and its past remarks, which are often seen as the "forerunner direction" of Chinese government policies, this move undoubtedly leaves a huge space for imagination in the market. Does this mean that China, as the world's second largest holder of Bitcoin (although mainly from seized assets), is re-evaluating the strategic value of Bitcoin and may send more positive signals about its reserve status in the future?
Musk officially leaves US DOGE, admits politics is harder than he expected! Bromance with Trump falling out?
In the last few days of May 2025, Tesla founder and technology giant Elon Musk's brief "guest appearance" in American politics came to an end. He officially announced the end of his term as a specially hired government employee at the Department of Government Efficiency (DOGE). Although US President Donald Trump emphasized at a "farewell party" for him at the White House that Musk "did not really leave" and would continue to serve as a "friend and advisor", Musk himself admitted that promoting reforms in government departments was much more difficult than he initially expected. This series of events, coupled with Musk's previous public criticism of certain policies of the Trump administration, has triggered a lot of speculation about whether the "brotherhood" between the two has changed and Musk's future political influence.
Thailand specifically bans five cryptocurrency exchanges including Bybit and OKX! Is the central bank about to hold cryptocurrencies?
In late May 2025, Thailand's cryptocurrency regulatory landscape presented a seemingly contradictory yet interrelated complex dynamic. On one hand, the Securities and Exchange Commission (SEC) of Thailand took decisive action, announcing that it would block access to five unauthorized cryptocurrency exchanges, including Bybit, OKX, CoinEx, 1000X.live, and XT.COM, starting June 28, 2025, to protect investors and combat illegal financial activities. On the other hand, the Thai government is actively promoting digital transformation, planning to fully open up the use of cryptocurrencies for travel expenses by international tourists, and there are indications that Thailand's banking sector may also be allowed to directly hold crypto assets on its balance sheet in the future. This series of 'carrot and stick' measures highlights Thailand's cautious balance between embracing digital economic opportunities and preventing financial risks.
Pakistan Establishes National Bitcoin Reserve! Simultaneously Allocates 2000 Megawatts for Cryptocurrency Mining?
Against the backdrop of a growing global cryptocurrency wave, Pakistan is making significant strides towards a new era of digital assets with remarkable determination and strength. At the 'Bitcoin 2025 Conference' held in Las Vegas, USA, on May 28, 2025, Pakistan's Minister of State for Blockchain and Cryptocurrency, Bilal Bin Saqib, made a shocking announcement: the Pakistani government plans to establish a national 'Bitcoin Strategic Reserve' and has allocated up to 2000 megawatts (MW) of power resources specifically to support Bitcoin mining and AI data center development. This series of measures not only marks Pakistan's recognition of the value of Bitcoin at a national level but also showcases its grand vision of leveraging cryptocurrency and blockchain technology to promote national development and financial inclusion.
Trump Media Group Splurges $2.5 Billion on Bitcoin Reserves! Has Trump Been Persuaded by His Two Sons to Accept Cryptocurrency?
Today, the Trump Media and Technology Group (TMTG), closely related to U.S. President Donald Trump, announced a market-shaking news: it plans to raise up to $2.5 billion through the issuance of stocks and convertible notes to purchase Bitcoin (BTC) and establish 'corporate-level Bitcoin reserves.' This move could not only propel TMTG into the ranks of the top ten corporate Bitcoin holders globally but also once again brings the close ties between the Trump family and cryptocurrency into the spotlight.
Is Getting Rich Through Bitcoin Too Simple? Institutions Will Hold Over 4.2 Million BTC by 2026!
Global financial market interest in Bitcoin (BTC) is heating up at an unprecedented rate, one of the most notable trends being the accelerated entry of institutional investors. According to the latest market analysis and predictions, by 2026, the total amount of Bitcoin held by global institutional investors is expected to exceed 4.2 million coins, with its value estimated to reach hundreds of billions of dollars at current prices. This influx of institutional funds, akin to a 'Bitcoin flood,' is not only profoundly changing the landscape of the cryptocurrency market but also prompting some well-known figures who have long been optimistic about Bitcoin, such as Robert Kiyosaki, to once again exclaim that 'getting rich through Bitcoin is too simple,' and expressing confusion over those who still choose to wait and see. However, while optimism is high, the market's views on Bitcoin's future trajectory are not entirely unanimous.
China releases Web3 plan: blockchain is listed as core basic technology, and the development of encrypted asset applications is not ruled out!
As the global digitalization wave surges and the concept of Web3 is in the ascendant, the Chinese government has once again demonstrated its ambition and layout in the field of blockchain technology. Recently, several core government departments in Beijing jointly issued an important policy document called "Beijing Blockchain Innovation and Application Development Action Plan (2025-2027)", which clearly outlines the grand blueprint for blockchain technology research and development, infrastructure construction and industrial integration applications in the capital and even the whole country in the next three years. This plan not only positions blockchain as the "core technology of industrial digitalization", but also releases subtle signals of possible exploration of "digital asset" applications against the background of strict cryptocurrency bans, which has attracted great attention from the market.
Is Bitcoin About to Reach a New High? Global Corporate Accumulation and ETF Capital Influx Leading to Supply Tightening!
After a period of consolidation, the cryptocurrency market recently shows signs of recovery, and the price of Bitcoin (BTC) has become active again, repeatedly testing and briefly standing above the $95,000 mark, demonstrating considerable resilience. Market attention is once again focused: Can Bitcoin break through the current resistance and hit the $100,000 mark, or even set a new historical high? Against this backdrop, analysts from several well-known financial institutions have spoken out, pointing out a series of positive signals, particularly the strong demand from corporate accumulation and spot ETFs, which is triggering a significant supply squeeze that could lay the foundation for Bitcoin's next round of record-breaking growth.
Buy $TRUMP and dine with U.S. President Trump? Is Justin Sun the largest holder?
The combination of cryptocurrency and political stars has once again sparked a frenzy and ethical controversies in the market. U.S. President Donald Trump recently announced that he would host a highly topical private dinner for holders of his namesake meme coin $TRUMP. The announcement not only caused the price of $TRUMP tokens to surge over 70%, but also ignited discussions about the political ethics of 'paying to get close to power.' Additionally, the market began to buzz with speculation that Justin Sun, the founder of Tron, might be the largest holder of this token and could potentially become a guest at the dinner.
Crypto-Friendly Person Assumes Office as Chairman of the US SEC! Will 72 Cryptocurrency ETFs Be Approved Soon?
The US Securities and Exchange Commission (SEC) has welcomed a new leader, and this personnel change may have far-reaching impacts on the regulatory landscape for cryptocurrencies and digital assets. On April 21, 2025, local time, the SEC officially released a press release confirming that Paul S. Atkins, widely regarded as a 'crypto-friendly person', has taken the oath of office, becoming the 34th chairman of the US SEC. This appointment has drawn significant attention from the market, especially considering that there are currently as many as 72 cryptocurrency-related exchange-traded fund (ETF) applications awaiting SEC approval. Does Atkins's assumption of office mean that these ETFs will all receive the green light?
Dollar Crash, RMB Rally, Massive Funds Flowing into Bitcoin and Other Cryptocurrencies?
Recently, global financial markets have been turbulent, with geopolitical and macroeconomic uncertainties intertwining, leading to drastic fluctuations in asset prices. The most striking development was Bitcoin's sudden surge today, breaking through the $87,000 mark, reaching a near month-high. At the same time, the dollar index weakened, and the trade tensions between China and the U.S. seem to be heating up again, sparking widespread speculation in the market about fund flows: does this mean that the dollar's weakness and potential changes in RMB policy are pushing funds towards Bitcoin and other cryptocurrencies as a safe haven?
What Will Happen to Cryptocurrency if Trump Takes Over the Federal Reserve? Trump Threatens to Fire Powell!
Recently, the focus of the American political and financial markets has concentrated on an unprecedented power struggle—President Trump publicly threatened to fire Federal Reserve Chairman Jerome Powell, citing his "refusal to cut interest rates, which hampers economic growth." This conflict over the autonomy of monetary policy not only challenges the 70-year tradition of independence of the U.S. central bank but also prompts deep reflections on global financial stability and the direction of the cryptocurrency market: will cryptocurrencies like Bitcoin become new "safe havens" when the Federal Reserve potentially becomes a political tool, or will they fall into greater uncertainty?
Local governments sell seized cryptocurrencies to boost public coffers! Is China considering new cryptocurrency regulations?
Recently, China's legal, financial and government departments have been intensively discussing the "disposal mechanism for seized cryptocurrencies". As cryptocurrency-related criminal cases surge, local governments' practice of supplementing their finances by selling seized digital assets has attracted widespread attention, and the lack of an existing regulatory framework has led to a chaotic disposal process, lack of transparency, and even corruption risks. At present, local governments in China are facing an embarrassing reality in the field of cryptocurrency: although the country has completely banned cryptocurrency trading and mining since 2021, the scale of cryptocurrency seized by local governments through crackdowns on criminal activities has continued to expand. Data shows that the amount of money involved in cryptocurrency crimes in China in 2023 reached 430.7 billion yuan (about 59 billion US dollars), a 10-fold increase from 2022. The types of cases include online fraud, money laundering, illegal gambling, etc. During the same period, the national procuratorate prosecuted 3,032 people in cryptocurrency money laundering cases, a record high. The escalation of the crime model has forced law enforcement agencies to step up their crackdown. In 2023, the value of cryptocurrencies seized in various places increased by 120% year-on-year, and the number of Bitcoins held alone reached 15,000 (about 1.4 billion US dollars).
The world's first 'Solana spot ETF' approved for listing, simultaneously opening up staking rewards!
In April 2025, the global cryptocurrency financial market achieved a milestone breakthrough—the Ontario Securities Commission (OSC) in Canada officially approved four financial institutions to issue the world's first Solana spot exchange-traded fund (ETF) and allowed it to simultaneously incorporate the blockchain staking reward mechanism. This regulatory breakthrough not only signifies Solana, as a top three market cap public chain project, officially entering the traditional financial compliance investment system but also creates an innovative financial product paradigm of 'spot holdings + staking income', setting a new benchmark for the deep integration of cryptocurrency and traditional asset management.
Did Zhao Changpeng report Justin Sun during his plea? Justin Sun urgently supports Trump's cryptocurrency-friendly policies!
Recently, news about Binance founder Zhao Changpeng (CZ) providing evidence regarding Tron founder Justin Sun during a plea agreement with the U.S. Department of Justice has garnered widespread attention. Meanwhile, Justin Sun also strongly responded to this rumor and took the opportunity to reiterate his support for Trump’s cryptocurrency policy.
According to reports, CZ may have provided evidence about Justin Sun in the plea agreement with the Department of Justice. Zhao Changpeng was sentenced for violating anti-money laundering laws and agreed to pay a hefty fine. In the plea agreement, he committed to cooperating with the prosecution to assist in the investigation of other people in the cryptocurrency industry, including Justin Sun, a decision that afforded him some degree of opportunity for a reduced sentence. This news quickly sparked heated discussions on social media, with many showing a keen interest in CZ's motives and Justin Sun's response.