On June 16, 2025, the State Bank of Vietnam issued the 'Draft for Management of the Virtual Asset Market,' which is causing significant fluctuations in the cryptocurrency market. The core of its policy includes three sets of conflicting games: 1. Fiat Currency Channel Game: The draft allows licensed exchanges to open direct trading with the Vietnamese Dong (currently, only 5 platforms, which account for 17% of the market share, meet the conditions), but requires freezing 50% of crypto assets as reserves. As a result, the OTC premium for USDT in Vietnam's largest OTC market, Ho Chi Minh City's money exchange network, has reached 8.3%. 2. Miners' Lifeline: The new regulations increase the electricity subsidy for miners from $0.045 per kWh to $0.052, but require all mining sites to connect to the national grid for monitoring (currently, 73% of mining sites use off-grid hydropower). BitRiver data indicates that Vietnamese miners are accelerating their move to the Laos border, with the overall network's computing power dropping by 14% in 24 hours.
#特朗普比特币金库 6.15 Weekend Midday Analysis Current Bitcoin price is fluctuating in the range of 104500-106200, with the 4-hour Bollinger Bands converging, and the short-term direction is to be determined. MACD is consolidating below the zero line, a golden cross may trigger a rebound; RSI is neutral but slightly weak, indicating a need for technical correction. Ethereum is oscillating between 2480-2580, with the 4-hour Bollinger Bands parallel, a fierce battle between bulls and bears, MACD histogram is decreasing, KDJ in the oversold zone golden cross may trigger a rebound. For today, it is recommended to short at high levels, targeting the range of 106000-106500, with a goal near 104500. For Ethereum, target the range of 2560-2590, with a goal near 2500. Be sure to maintain good defense according to your position.
$BTC 6.15 Weekend Midday Analysis Currently, Bitcoin is fluctuating in the 104500-106200 range, with the 4-hour Bollinger Bands contracting, and the short-term direction is yet to be determined. The MACD is consolidating below the zero line, and a golden cross may trigger a rebound; the RSI is neutral but slightly weak, indicating a need for technical correction. Ethereum is fluctuating between 2480-2580, with the 4-hour Bollinger Bands parallel, resulting in intense long-short competition. The MACD histogram is contracting, and a golden cross in the oversold zone of KDJ may trigger a rebound. It is recommended to short at high positions today, targeting the range of 106000-106500 for Bitcoin, with a goal near 104500. For Ethereum, target the range of 2560-2590, with a goal near 2500. Be sure to manage your defenses according to your position size.
#卡尔达诺稳定币提案 Cardano Stablecoin Proposal In the Cardano ecosystem, the development of stablecoins is emerging, with USDA and USDM driving a 30% increase in stablecoin market value, approaching $30 million. However, compared to Ethereum and others, the market value of Cardano stablecoins accounts for only 9.65% of the total locked value, showing a significant gap. Currently, there is a proposal to convert some ADA into the stablecoin USDM to improve liquidity.
#卡尔达诺稳定币提案 In the Cardano ecosystem, the development of stablecoins is emerging, with USDA and USDM driving a 30% month-on-month increase in stablecoin market value, approaching 30 million dollars. However, compared to Ethereum and others, the market value of Cardano's stablecoins only accounts for 9.65% of the total locked value, showing a significant gap. Currently, there is a proposal to convert some ADA into the stablecoin USDM to improve liquidity, but it also faces controversies regarding market risks.
#卡尔达诺稳定币提案 Everyone pay attention to a few points: 1. Do not touch old low-market-cap altcoins, which could be delisted at any time; 2. Do not touch altcoins with unlimited issuance. Some old mainstream coins, like DOT and FIL, have undergone issuance this round, and they might be playable this time but not next time. As for smaller altcoins, it's not even worth considering. 3. Be stable, buy value altcoins that have been significantly reduced, such as LINK and AAVE, and stablecoin sectors like ENA and CRV are also key this year. Alternatively, consider some undervalued new coins that still have capital; once the trend comes, they will rebound the fastest. Currently, whether on-chain or off-chain, trading volume has significantly decreased, retail investor confidence is lacking, and big players are also worried. However, this situation actually presents more opportunities, so just wait.
#卡尔达诺稳定币提案 Cardano founder Charles Hoskinson proposed using 140 million ADA (approximately 100 million USD) from the foundation's treasury to promote the development of the DeFi ecosystem, planning to purchase Bitcoin (BTC) and Cardano's native stablecoins (USDM, USDA, IUSD). After this proposal was announced, the price of ADA dropped by 6%, and the community had mixed opinions about it. Some believe this is a bold move towards the maturity of the ecosystem, while others think there are risks given the current market conditions and governance issues.
💬 What do you think about this proposal? How will this move affect the long-term value of ADA?
👉 Complete daily tasks in the task center to earn points: • Create posts using the #卡尔达诺稳定币提案 hashtag or the $ADA coin pair tag, • Share your trader profile, • Or share your trades to earn 5 points! (Click “+” on the app homepage and enter the task center) Event time: June 14, 2025, 14:00 to June 15, 2025, 14:00 (UTC+8) Points rewards are first come, first served, don’t forget to collect your points daily!
The stablecoin development in the Cardano ecosystem is emerging, with USDC and USDM driving a 30% month-over-month growth in its stablecoin market cap, approaching $30 million. However, compared to Ethereum and others, the market cap of Cardano's stablecoins only accounts for 9.65% of the total locked value, showing a significant gap. Currently, there is a proposal to convert some ADA into the stablecoin USDM to improve liquidity, but it also faces controversies regarding market risks.
[Emergency Bulletin #美国加征关税 ] The U.S. and China Reach a Temporary Ceasefire Agreement on Rare Earths, Global Avoids 'Tariff Nuclear Explosion' ▌48-Hour Life-and-Death Negotiations in London After urgent consultations in London, the U.S. and China reached a 'Trade Pain Relief' agreement: ✅ U.S. Concession: Easing Some Rare Earth Controls ✅ China Countermeasure: Immediately Restart Rare Earth Exports from Shenzhen (Companies like Kinglong Permanent Magnet Quickly Obtain Export Licenses) ⚠️ Tariff Cliff Temporarily Paused: • U.S. Tariffs on China Reduced from 145% to 30% • China's Tariffs on the U.S. Reduced from 125% to 10% Ultimate Countdown Initiated: If no breakthrough is achieved by August 10, original tariffs will automatically restart!
#加密圆桌讨论 Regulatory Coordination Accelerates: ** Major global economies (US SEC actions, EU MiCA implementation, Asia policy exploration) are accelerating attempts at regulatory coordination, seeking a unified framework to combat regulatory arbitrage. * ** Market Under Short-term Pressure: ** Policy uncertainty has intensified market volatility, and rising compliance costs may squeeze the survival space for small and medium-sized institutions, leading to suppressed investor risk appetite. * ** Long-term Compliance Development: ** Clear rules will attract larger and more compliant traditional capital into the market, promoting the industry’s transition from 'barbaric growth' to transparency, institutionalization, and a focus on substantive applications (e.g., RWA). The key lies in balancing innovation and protection.
#实用交易工具 #实用交易工具 Recently, the cryptocurrency market has been very volatile. Have you been staring at the market until your head is spinning? Let me recommend a practical trading tool — Binance's grid trading! I have a friend who has been in the market for a long time. Previously, he manually conducted grid trading, setting price ranges and adjusting parameters, and it was exhausting. He often missed the best opportunities. Since he started using Binance's grid trading, it has become much easier.
This move is highly likely to increase the attention and accessibility of altcoins among traditional investors. As a well-known trading platform, Nasdaq's proposal to include XRP, SOL, ADA, and XLM in the cryptocurrency benchmark index signifies that these altcoins are making strides toward the mainstream financial sector, potentially attracting more traditional investors. If approved by the SEC, the Hashdex ETF could invest in these cryptocurrencies, further enhancing their liquidity and market depth, lowering investment thresholds, and improving accessibility. For portfolio strategies, if approved, it may be worth considering an appropriate allocation to these altcoins for diversified returns, but it is important to be mindful of their high volatility and regulatory uncertainty.