青山谭波

At the end of last year, from December to early January, I didn't have much time to trade due to work. When I opened the exchange, I was surprised to see that Bitcoin had stabilized at the 90,000 mark. It was truly a historic breakthrough. I casually opened two low-leverage, low-position trades to play around. After a few days, I came back to see I had lost half. Still the same saying: life is life, entertainment is entertainment, and investment should be cautious. Use spare money within your capacity to play.

Compensation for init activities

The Binance pattern is really large, all the fees lost are refunded😁

The init event was not clearly stated whether it was a one-time or cumulative, leading many users to make ten thousand transactions without receiving rewards. Binance will compensate for the loss of fees, but the price difference in coins is probably not something they can cover. At least they are putting users first.

Is $ALPACA still shorting? Got trapped again, right?

$ALPACA Empty bar, not afraid, just keep it empty, hahaha, the old routine

$ALPACA tariff is about to be fully charged, are you still available, brothers?

$ALPACA Those who are still empty-headed are stubborn. This dog farm can pull you at random, purely betting. Either chase more or don't do it at all.

$ALPACA is another perfect copy of the dual explosion of long and short positions, defying the heavens and the manipulators

$ALPACA wait for it, still luring shorts

$ALPACA is still in a double explosion of long and short positions Hahahaha 666

$ALPACA The tariff has dropped, is it starting to lure again?

$ALPACA really reverse sky coin, back and forth inserting needles to kill people, this庄 is ruthless enough

$PROMPT Perfectly Missed Just 1 Minute I Flat Out Pull Damn

#美国加密战略储备 Currently, the United States' established national policy on "cryptocurrency strategic reserves" is $XRP , but its actions in regulation, asset holdings, and technological layout have revealed strategic considerations. The following trends may emerge in the future:
- **Gradual Compliance**: The government may incorporate cryptocurrencies into official asset management through clearer tax and custody policies.
- **Public-Private Collaboration Model**: Encouraging private institutions to assume reserve roles, with the government indirectly influencing the market through regulation.
- **Technological Integration and Competition**: The integration of cryptocurrencies with CBDCs and traditional financial systems will reshape the global monetary landscape, and the strategic choices of the United States will profoundly impact this process.

Overall, the United States' stance on cryptocurrencies embodies both defensive (regulatory risks) and offensive (contesting innovation leadership) dual nature, and its "strategic reserves" essentially represent an extension of the struggle for financial hegemony in the digital age.

The currency $ADA has shown a relatively sluggish sentiment in recent years. This bull market is not expected to make it a star among stable cryptocurrencies, but it is showing a trend that is likely to rise, following the trend of other stable cryptocurrencies needed in the blockchain.

The impact of #特朗普国会演讲 on the cryptocurrency sector is both beneficial and harmful, in my personal analysis.
1. Sources of market optimism
1. Policy endorsement effect
As the first major economy to include cryptocurrency in its strategic reserves, the United States may trigger global sovereign funds' demand for BTC allocation. According to Bitwise research, sovereign fund exposure to crypto is currently less than 0.1%, and a policy shift could bring in hundreds of billions of dollars in incremental funds.

2. Expectations for infrastructure upgrades
Referencing the market response after the OCC allowed banks to custody crypto assets in 2020, the national reserve plan may force:
- A federal-level digital asset custody system
- A clearing and settlement system that meets FINRA standards
- Interoperability protocols between central bank digital currencies (CBDC) and private chains

3. Geopolitical financial games
The U.S. strategic reserves may include:
- Sanction-resistant privacy coin reserves (e.g., XMR)
- A stablecoin pool for cross-border settlements
- A defensive asset portfolio against the digital yuan

2. Core contradictions of market concerns
1. Regulatory arbitrage risk
Government large-scale holdings may distort market pricing mechanisms, such as:
- Insider trading suspicions arising from monitoring wallet movements through on-chain analysis tools
- Policy uncertainty due to the lack of transparent rules governing the increase or decrease of strategic reserves

2. Technical sovereignty conflict
National control over key crypto assets fundamentally conflicts with the decentralized ethos of Web3:
- May forcibly require open-source protocols to add regulatory interfaces (e.g., the Tornado Cash incident)
- The geographic centralization of mining pools/nodes poses a risk of 51% attacks

3. Tax policy arbitrage opportunities
Strategic reserves may be accompanied by:
- Amending IRC Section 1031 to allow like-kind exchanges of crypto assets
- Delaying the implementation of taxes (similar to tax deferral treatment for DeFi lending)
- But may simultaneously strengthen on-chain transaction tax monitoring (IRS Form 1040 Schedule D amendments)

The reward for posting on Binance, sharing the 8888u reward, has arrived. I received 9.36u for one post. Some have already gone to check it out.

The #比特币四年周期将改变？ cycle may evolve rather than disappear.
In the short term, within 1-2 cycles: halving will still be a price catalyst, but its influence will decrease.
In the long term: Bitcoin may shift from a 'halving cycle-driven' narrative to a 'macro narrative-driven' one (such as global reserve asset, anti-inflation tool), and the cyclical characteristics may become blurred.
Therefore, I believe the four-year cycle will not completely disappear, but its forms (such as volatility, duration) will adjust with market maturity and changes in the external environment. We should focus on macroeconomics, regulatory dynamics, and the development of Bitcoin's own ecosystem, rather than purely relying on history.

After so many ups and downs in the cryptocurrency market, I believe ETH can become this year's cash cow, as Ethereum is the main platform for smart contracts and decentralized applications (DApps). With the upgrade to Ethereum 2.0 and the popularity of Layer 2 solutions, ETH may continue to attract investors. Looking forward to the future development of ETFs taking off.