Wilfred Holmon LEiH

#GENIUS稳定币法案 GENIUS Stablecoin Act: Opening a New Chapter for Digital Finance in the United States
On February 4, 2025, the U.S. Senate introduced the "Guiding and Establishing the American Stablecoin Innovation Act" (GENIUS Act), aimed at establishing the first comprehensive federal regulatory framework for stablecoins. The bill was proposed by Senator Bill Hagerty and others, receiving bipartisan support, emphasizing consumer protection, anti-money laundering compliance, and market stability. The bill requires issuers to hold equivalent reserve assets to ensure transparency and solvency, and prohibits members of Congress and senior officials from issuing stablecoins during their terms. If the GENIUS Act is passed, it will promote the United States' leading position in global digital finance, drive the widespread use of the dollar stablecoin, and mitigate financial risks.

From June 17 to 18, 2023, the Federal Open Market Committee (FOMC) meeting will be held in Washington, and it is expected to maintain the federal funds rate unchanged at 4.25%-4.50%. The post-meeting statement indicates that the Federal Reserve is cautious about the economic outlook, emphasizing rising inflation risks and increased economic uncertainty. Chairman Powell may reiterate a 'wait-and-see' stance, requiring more data to confirm inflation trends and economic stability. The market expects two interest rate cuts this year, but the dot plot shows that some officials favor fewer cuts, reflecting policy divergences. The meeting minutes will be released three weeks later and are expected to trigger market volatility.

#越南加密政策 Vietnam's policy on cryptocurrency is shifting from a wait-and-see approach to active management. On June 14, 2025, the National Assembly of Vietnam passed the Digital Technology Industry Law, which will for the first time bring crypto assets into the legal framework, expected to take effect in January 2026. This regulation governs virtual assets and crypto assets, emphasizing anti-money laundering and cybersecurity measures, aiming to balance innovation with financial stability. Although cryptocurrencies are currently not recognized as legal tender, owning and trading them is not illegal. The government plans to launch a sandbox program in mid-2026 to test the compliance framework. This move reflects Vietnam's effort to ensure regulatory transparency and investor protection in a highly adopted cryptocurrency market, promoting the development of the digital economy.

#特朗普比特币金库 The Bitcoin Vault (Strategic Bitcoin Reserve) plan promoted by Trump designates Bitcoin as a national strategic asset, having a profound impact on the cryptocurrency sphere. In the short term, Bitcoin's price soared due to favorable policies and market enthusiasm, exceeding $100,000 by the end of 2024, driving the overall rise of the cryptocurrency market. Institutional investors entered the market in large numbers through Bitcoin ETFs and futures, increasing liquidity and market confidence. In the long term, the vault plan may encourage the U.S. to relax cryptocurrency regulations, attracting more businesses and capital, solidifying the U.S. as the 'global cryptocurrency capital.' However, opposition from the Democratic Party and regulatory uncertainties still exist, and the Trump family's cryptocurrency projects have raised questions about conflicts of interest, potentially undermining market trust. If the policies are successfully implemented, Bitcoin's role as a safe-haven asset will be strengthened, and the cryptocurrency sector is expected to welcome historic opportunities; but if obstructed, the market may face severe fluctuations.

Real-time reaction to Bitcoin price of #以色列伊朗冲突
After reports of conflict emerged, the price of Bitcoin experienced significant volatility. According to reports from Cointelegraph and CryptoSlate, Bitcoin fell from around $107,000 to $102,800 on June 13, a decline of approximately 5.5%. This drop reflects the market's sensitivity to geopolitical risks, with investors tending to sell high-risk assets.
However, the price of Bitcoin showed some resilience, rebounding to around $105,000 on June 14. Expert analyses (such as FX Empire) indicate that this rebound may be consistent with historical patterns, as Bitcoin often has a rebound trend after geopolitical conflicts.
Market sentiment and safe-haven properties
Bitcoin is viewed by many investors as digital gold and possesses safe-haven properties. However, during this conflict, the initial drop in its price suggests that market sentiment may prioritize short-term risks over long-term safe-haven value. According to reports from Investing.com, the 'risk-off' sentiment triggered by the conflict led to a evaporation of billions from the total market capitalization of the cryptocurrency market.
Expert opinions are divided; some (such as Weiss Ratings) believe that in the long run, geopolitical tensions may increase the demand for Bitcoin, especially among institutional investors seeking to diversify their portfolios. On the other hand, some analyses (such as CoinDesk) warn that high-leverage traders need to be cautious of extreme volatility risks in the short term.

The impact of the U.S. tariffs on Bitcoin is complex and variable. In the short term, tariffs may trigger market panic, leading to Bitcoin price volatility, as seen when tariff policies in early 2025 caused Bitcoin to drop from $100,000 to $94,000, a decline of over 6%. Tariffs raise inflation expectations, prompting capital to flow into safe-haven assets, which weakens the appeal of cryptocurrencies. However, in the long term, tariffs may undermine the dollar's position and increase the demand for Bitcoin as 'digital gold' for hedging, with prices expected to rise, as analysts predict short-term attention on the $86,000 resistance level. Policy uncertainty exacerbates market volatility, and investors need to operate cautiously.

#交易类型入门 Binance offers various types of trading suitable for users of different experience levels. Spot trading is the most basic method, allowing users to buy and sell cryptocurrencies directly at the current market price, making it simple and easy to use. Margin trading enables users to borrow funds to increase the scale of their trades, which raises potential profits, but also comes with higher risks. Futures trading allows users to speculate on future prices and earn price differences through contracts, making it suitable for advanced traders. Dollar-cost averaging plans automatically purchase cryptocurrencies at regular intervals, suitable for long-term investors. Additionally, Binance also offers staking and savings features, allowing users to earn passive income by holding assets. These trading types are flexible and diverse, meeting different investment needs.