咚不隆咚呛

On June 19, news came that Binance founder CZ called for all platforms to introduce a "will function" so that users' assets can be distributed to designated accounts in specified proportions after their death.

He suggested that regulatory policies should allow minors to have accounts (which can receive funds but not trade) in order to inherit digital assets.

CZ emphasized that although the topic is sensitive, a mechanism for inheriting crypto assets has become an industry necessity.

#币安
$BNB

The People's Court Daily published an article signed by Zhao Liang from the Intermediate People's Court of Shenzhen, Guangdong Province: "Criminal Case Involving Virtual Currency Disposal: Challenges, Innovations, and Judicial Responsibility."

The article points out that virtual currency has corresponding property attributes, and a basic consensus has been formed in judicial practice. For cases that require compensation for victims' losses or confiscation, in order to balance the need for disposing of involved virtual currency with mainland regulatory policies, it can be explored to register and supervise with qualified third-party institutions under the People's Bank, foreign exchange management, and other departments, to exchange virtual currency for legal tender at market prices through compliant licensed trading platforms in jurisdictions where virtual currency trading is legal, such as Hong Kong. After cashing out abroad, the process will be handled in accordance with the provisions of the State Administration of Foreign Exchange's letter regarding the opening of foreign exchange accounts and handling of foreign exchange receipts and payments by people's courts in foreign-related judicial activities.

For virtual currencies used in crimes that pose a threat to national security and public interests, such as privacy coins, they can be sent to a "black hole address" for destruction, permanently exiting circulation.

$BTC

The Ministry of Public Security website has released '20 Anti-Fraud Keywords from Public Security Agencies', which indicates that the Criminal Investigation Bureau of the Ministry of Public Security has analyzed recent electric fraud cases and summarized 20 anti-fraud keywords based on various local early warning and persuasion experiences. These include 'virtual currency', 'credit repair', 'unknown links, QR codes', and 'aiding behavior'.

It states that currently, using virtual currency for money laundering has become one of the common methods for criminals to commit fraud and transfer funds.

Fraudsters often set up fake platforms under the guise of 'virtual currency investment and wealth management', luring victims to invest, and posing as 'currency merchants' to guide operations under the pretext of online trading risks, thus defrauding them of their money.

The police particularly remind that virtual currency transactions are not legally protected, and so-called 'virtual currency investment and wealth management' is mostly fraudulent.

$BTC

The Federal Reserve maintains the policy interest rate unchanged and suggests that high rates may still be sustained after next month's meeting.

Analysts expect that the wait-and-see attitude will result in market consolidation for several months, a trend that is favorable for Bitcoin.

BRN Chief Analyst Valentin Fournier added that inflation has cooled, tariff concerns have eased, but the slowdown in U.S. economic growth has raised concerns about stagflation.

Federal Reserve Chairman Jerome Powell expressed confidence in the "deflationary trend" at the post-meeting press conference, adopting a slightly dovish tone, but noted that robust job growth and strong consumer spending provide room for policymakers to maintain high rates.

With no urgency for rate cuts, the Federal Reserve reiterated its wait-and-see stance, pushing back expectations for the first rate cut to September.

As Bitcoin is a decentralized, borderless digital asset, it has a unique advantage in absorbing these capital inflows regardless of the Federal Reserve's domestic policy stance.

#美联储
$BTC

On June 17, news reports that the Thai cabinet approved the exemption of personal income tax on profits from the sale of Bitcoin and cryptocurrencies for five years.

Thai Deputy Finance Minister Julapun Amornvivat stated on platform X that under the new policy, from January 1, 2025, to December 31, 2029, capital gains earned by individuals from trading digital assets on platforms regulated by the Thai Securities and Exchange Commission (SEC) will be exempt from personal income tax.

$BTC

On June 5, news from TheBlock reported that as Bitcoin prices fluctuate around $105,000, Bitfinex analysts pointed out that if the U.S. employment report released on Friday shows a slowdown in labor market growth, with new non-farm jobs expected to be between 125,000 and 130,000, down from 177,000 in April, this could prompt the Federal Reserve to cut interest rates earlier, thereby boosting Bitcoin to the range of $120,000 to $125,000.

Conversely, if employment data is strong, Bitcoin prices may fall back to around $95,000.

Meanwhile, BRN Chief Research Analyst Valentin Fournier holds an pessimistic view, believing that bearish signals are accumulating, including reduced ETF inflows, weakening momentum, and a surge in cryptocurrency IPOs, indicating that there is profit-taking in the market.

He pointed out that the financing and IPO plans of Circle and Kraken suggest that cryptocurrency companies are taking advantage of a window of high valuations, indicating that future growth may slow down.

Additionally, inflows into U.S. spot cryptocurrency ETFs have decreased significantly, with inflows into both Bitcoin and Ethereum ETFs also dropping sharply, leading to a decrease in prices.

Fournier believes this is a sign that market momentum is exhausted and recommends reducing risk exposure and shifting to defensive strategies.

$BTC

On May 30, Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), proposed "21 paths to wealth" at the Bitcoin 2025 Conference. The complete framework is as follows:

1. Clear cognition: understand the immutable and programmable characteristics of Bitcoin as "perfect capital";

2. Firm belief: Bitcoin is the most efficient value storage tool in history;

3. Courageous decision: replace assets such as bonds with Bitcoin;

4. Family collaboration: achieve cross-generational Bitcoin asset inheritance;

5. AI empowerment: use artificial intelligence tools to strengthen decision-making;

6. Architecture design: establish a compliant legal entity to manage encrypted assets;

7. Regional selection: give priority to economic freedom Jurisdiction;

8. Respect the rules: follow the operating logic of the existing financial system;

9. Corporate operation: achieve scale effect through enterprise architecture;

10. Strategic focus: the probability of success of Bitcoin investment in five years is 90%;

11. Equity sharing: attract partners who share risks;

12. Credit conversion: convert the needs of conservative investors into Bitcoin investment fuel;

13. Compliance operation: achieve accelerated development within the regulatory framework;

14. Capital turnover: achieve compound growth through rapid reinvestment;

15. Transparent communication: continue to convey clear Bitcoin value proposition;

16. Long-term commitment: resist market noise and maintain stability;

17. Professional execution: establish a precise and reliable investment management system;

18. Flexible adjustment: timely optimize strategies according to market changes;

19. Capacity evolution: continuous upgrading based on core advantages;

20. Concept communication: promote the inclusive financial value of Bitcoin;

21. Wealth feedback: invest resources in public welfare after success.

Saylor concluded by quoting Satoshi Nakamoto's original words: "You might as well hold some, just in case it becomes popular."

$BTC

May 30 news, Hong Kong's "Stablecoin Regulation" was officially published on May 30, marking its formal enactment as law, expected to take effect within this year.

The regulation establishes a licensing system for issuers of "fiat-backed stablecoins," allowing only licensed institutions to issue or sell stablecoins pegged to the value of the Hong Kong dollar, aimed at enhancing protection for the public and investors.

The Hong Kong Monetary Authority stated that the regulation establishes a risk-based, pragmatic, and flexible regulatory mechanism to provide institutional support for the healthy and sustainable development of stablecoins and digital assets.

The regulation clearly stipulates that applicants must meet compliance requirements, including reserve asset management, value stabilization mechanisms, redemption arrangements, and anti-money laundering.

#Stablecoin

On May 30, news came that Trump Media Group announced today that it has completed the previously announced private placement with approximately 50 institutional investors.

This issuance includes:
① The sale of 55,857,181 shares of the company's common stock at a price of $25.72 per share, raising gross proceeds of approximately $1.44 billion;
② Issuing convertible senior secured notes with a principal amount of $1 billion, maturing in 2028, with a conversion price of $34.72 per share. The total fundraising amounts to approximately $2.44 billion.

Trump Media will use approximately $2.32 billion of the net proceeds to establish a Bitcoin reserve and for other general corporate purposes and working capital.

As one of the largest Bitcoin reserve transactions among publicly traded companies, the net proceeds from this issuance and the company's strategy will make Trump Media Group one of the companies holding the most Bitcoin among publicly traded companies in the United States.

After this issuance, Bitcoin will be included in the Trump Media Group's balance sheet, alongside cash, cash equivalents, and short-term investments totaling $759 million as of the end of the first quarter of 2025.

$BTC

On May 27, Decrypt reported that Google quantum researcher Craig Gidney published a paper stating that the quantum resources required to break 2048-bit RSA encryption (similar to the encryption principles of Bitcoin wallets) have decreased by 20 times compared to predictions made in 2019.

New research shows that a quantum computer with fewer than one million noisy qubits can complete the decryption in a week, whereas the previous estimate required 20 million.

This breakthrough is attributed to algorithm optimization and improvements in error correction technology. Currently, the most advanced IBM Condor quantum computer has only 1,121 qubits and poses no actual threat, but IBM plans to release a 100,000 qubit model by 2033, while Quantinuum aims for full fault tolerance by 2029.

The cryptocurrency sector is already working on quantum-resistant solutions, with Solana developing a quantum vault and Vitalik proposing a fork to address the threat.

It is noteworthy that the quantum research organization Project11 has established a $85,000 prize for teams that use quantum computers to break a simplified version of Bitcoin encryption (with a 25-bit key) to assess the urgency of the threat.

The National Institute of Standards and Technology in the United States released post-quantum encryption standards last year, recommending a gradual phase-out of vulnerable systems after 2030, and Google's research suggests that this timeline may need to be accelerated.

#比特币2025大会

$BTC

Thailand's Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced at an investment seminar in Bangkok that Thailand is preparing to allow tourists to use cryptocurrency for purchases through a credit card-linked platform.

The plan is currently under review by the Ministry of Finance and the Bank of Thailand. Under this plan, tourists can link their cryptocurrency holdings to a credit card for local spending, with merchants receiving Thai baht as usual and typically unaware that the transaction involves cryptocurrency.

In addition, Thailand also plans to unify the legal framework for traditional capital markets and the digital asset sector, and will launch a blockchain-based "G-Tokens" program, allowing retail investors to purchase partial units of government bonds.

#比特币2025大会

$BTC

[Forbes] Reported that U.S. President Trump used the presidential seal podium at a private dinner for holders of the Meme coin TRUMP, potentially violating Title 18, Section 713 of the U.S. Code.

This law prohibits the use of the presidential seal in a manner that suggests government endorsement, with violators facing up to 6 months in prison or fines.

Legal experts point out that the presidential seal is reserved for official occasions, and previous presidents like Obama and Biden have not used this emblem in private commercial activities.

The White House has not responded to media inquiries regarding the legality of the seal's use.

#特朗普晚宴

【Forbes】：

"Bitcoin Pizza Day" participant, programmer Laszlo Hanyecz spent 10,000 BTC to exchange for two large Papa John's pizzas on May 22, 2010, but what most people do not realize is that Laszlo Hanyecz spent as much as 79,000 bitcoins on subsequent pizza purchases that day, which are now worth over 8.7 billion dollars. He also mentioned in a 2019 interview that his expenses for buying pizzas with Bitcoin in 2010 reached nearly 100,000 BTC.

In addition, to prove that he had used all his bitcoins to purchase pizzas, Laszlo Hanyecz published his Bitcoin address on the Bitcointalk forum, which showed that from the creation date of April 10, 2010, to August 4, 2010 (the day he ended public trades of Bitcoin for pizzas), over 79,000 bitcoins were sent. The bitcoins in that wallet were emptied in June 2011, with a total outflow slightly exceeding 81,432.

$BTC

QCP Capital News: The United States and China have agreed to temporarily cancel some tariffs, driving the U.S. stock market up by 3%. Gold prices fell nearly 3% at one point but then partially recovered.

After an initial drop, BTC and ETH stabilized at around $103,000 and $2,400, respectively. BTC's dominance has fallen below 63%, while ETH and other altcoins have performed well. BTC continues to oscillate between its identity as 'digital gold' and its role as a risk asset, leading to uncertainty in its direction. As the macro narrative shifts from protectionism to trade optimism, BTC may remain range-bound.

However, a long-term investment perspective may support demand for back-end options, reduce demand for front-end bearish hedges, and result in a steepening of the volatility curve.

In contrast, ETH's trajectory is clearer. The funding situation remains neutral, with options skewed towards bearish, indicating that its breakout is not driven by speculation. The breakout above $2,400 coincides with the Pectra upgrade, and the re-emergence of long-term option liquidity may signal that ETH is becoming the next major asset for market allocation.

$BTC
$ETH

News on May 13: CZ stated that he welcomes the RWA project Securitize and VanEck to deploy the tokenized U.S. Treasury bond fund VBILL to BNBChain, emphasizing that BNBChain is a public blockchain where anyone can deploy smart contracts, rather than a private platform.

Previously, Securitize announced that it has integrated BNBChain to expand the accessibility and infrastructure efficiency of tokenized securities.

$BNB

It has been reported that this week the U.S. Treasury Department will hold a closed-door roundtable on cryptocurrency policy, focusing on topics such as stablecoins, DeFi, banking relations, and cybersecurity.

The stablecoin session is scheduled for May 15, discussing how to prevent sanctions evasion, secondary market monitoring, freezing capabilities, and compliance risks, aiming to strengthen regulatory responses to illegal financial activities involving digital assets.

$USDC

According to the joint statement of the Sino-American Geneva Economic and Trade Talks, the United States will amend the tariffs imposed on Chinese goods (including those from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) as stipulated in Executive Order No. 14257 dated April 2, 2025. Among these, the 24% tariff will be suspended for the initial 90 days, while retaining the imposition of the remaining 10% tariff as per the provisions of that executive order;

The tariffs imposed on these goods according to Executive Order No. 14259 dated April 8, 2025, and Executive Order No. 14266 dated April 9, 2025, will be canceled.

China will accordingly amend the tariffs imposed on American goods as stipulated in the Tax Commission Announcement No. 4 of 2025, among which the 24% tariff will be suspended for the initial 90 days, while retaining the imposition of the remaining 10% tariff on these goods, and canceling the tariffs imposed on these goods according to Tax Commission Announcement No. 5 and No. 6 of 2025;

Necessary measures will be taken to suspend or cancel non-tariff countermeasures against the United States starting from April 2, 2025.

#贸易战缓和

$BTC

On May 10, Nick Tomaino, founder of 1confirmation, posted on platform X stating that BTC is the first cryptocurrency to serve the people. Its grassroots spirit and belief have allowed it to grow from nothing to a market cap exceeding $2 trillion.

The value storage based on trust in mathematics rather than in people is changing the world, but BTC has now become the preferred institutional asset for large companies and governments. One entity holds over 2.5% of BTC, and currently, no practical applications have been developed on Bitcoin to attract new users; aside from value storage, there are no use cases to expand market share.

ETH is a trusted, neutral, internet-native value storage tool that supports a developer platform covering stablecoins, decentralized finance, NFTs, prediction markets, decentralized social, decentralized identity, and more.

All new use cases that have driven the development of this field over the past decade have emerged on Ethereum and are continuously evolving. These use cases have attracted new users, distributing ETH as a value storage tool and enhancing ETH's scarcity.

Some believe that in the future, there will only be one trusted, neutral, internet-native means of value storage. They are very mistaken; there may be many, but currently, there are only two viable options: BTC and ETH.

$BTC
$ETH

Forbes published a column article stating that although Meme coins are controversial due to their high volatility and speculation, these controversies may help the cryptocurrency market develop towards a healthier and more sustainable direction.

The article points out that the popularity of Meme coins has sparked widespread discussions about the value and regulation of crypto assets, prompting investors and regulators to pay more attention to the fundamentals and transparency of projects.

Moreover, the rise of Meme coins has also driven the crypto community to focus on education and risk management, contributing to the overall maturity of the market.

Although the speculative nature of Meme coins may lead to market volatility in the short term, in the long run, these challenges may encourage market participants to be more cautious, drive policymakers to have more serious discussions about crypto assets, and promote the development of the crypto industry towards higher standards.

$BTC
$ETH
$BNB

On May 8, news reported by TheBlock states that the Arbitrum community has decided through on-chain voting to allocate approximately $11.6 million worth of 35 million ARB tokens for the investment in tokenized U.S. Treasury bonds.

The funds will be distributed to tokenized bond products issued by three institutions: Franklin Templeton, Spiko, and WisdomTree.

The voting commenced on May 1 and passed with nearly 89% support. A professional committee elected by the community evaluated over 50 proposals based on multiple criteria including management fees, fund size, and risk control, ultimately selecting these three institutions.

The head of Franklin Templeton's digital asset business stated that this collaboration will leverage the technological advantages of the Arbitrum Layer 2 network to provide efficient financial services to clients.

Advisory agencies from the Arbitrum community believe this is a significant milestone for deep collaboration between the cryptocurrency sector and traditional financial institutions. According to the plan, unselected applicants will have the opportunity to participate in the next round of fund allocation.

#BTC重返10万

$ARB