鹿柒柒

$T

This is inexplicable, pulling so much

It's just empty.

The first-level market is still a bit more comfortable.

It will be 50% in a while.

Let's buy a little $ED.

In the past few days, there have been news about stablecoins everywhere, and everyone has been paying attention to two recent pieces of news.

1: The "Hong Kong Stablecoin Regulation" will take effect on August 1, and Ant Group and JD Finance have rushed to apply for stablecoin licenses.

2: A company in the U.S. that operates in the stablecoin business has recently gone public, and its stock price is soaring.

But I want to understand why the U.S. is promoting stablecoin legislation at this particular time?

So I've looked for some relevant information. Let's see if this is actually a good thing?

Stablecoins were actually born as early as 2014, but not many people used them before?

The promotion of stablecoins is reportedly closely related to Trump's return to the political arena. Since taking office, he has been promoting a policy path that balances regulation and "de-regulation" related to cryptocurrency.

What we see now with Circle's IPO is actually taking flight on this trend, combined with the two latest bills introduced in the U.S.: one is the "STABLE Act" and the other is the "GENIUS Act."

Jokingly, it is said that the U.S. now has two bills that correspond exactly to Trump's description of himself during his first term: "stable genius," reflecting a certain symbolic meaning.

Back to the point, the linkage between Circle's IPO and the U.S. government's push for stablecoin legislation is very close. Circle, as a company that operates within a regulatory framework, is a representative of "compliance" stablecoins, and it is happy to accept this regulated identity. This background has made Circle highly sought after under the current policy trend.

In addition, it is currently the only truly compliant stablecoin target in the market, which gives it scarcity and naturally makes it the focus of capital's pursuit.

For Trump, stablecoins could indeed become the "savior" of U.S. Treasury bonds.

From a micro perspective, the birth of stablecoins originates from the rise of on-chain assets, and due to the characteristics of blockchain, they have the opportunity to become a new generation of cross-border payment means.

Stablecoin issuers earn profits by holding reserves of dollar assets, which, under normal circumstances, is a good business with no capital investment.

Stablecoins seem to be a tool to consolidate the dominance of the dollar, but there are actually more complex dynamics behind it.

What do you think?
$USD1

$OBT is still running fast.

Today's Share

Market Trend: 11,824,934,466 BTC fluctuating in a range, altcoins are broadly declining. Strong coins are beginning to correct, and the market adjustment has entered the second half.

U.S. stock futures are down, and oil prices are surging. The U.S. may intervene in the Middle East war.

Market Highlights:
1. Sahara AI launched on OK, significantly oversubscribed with a valuation of $600 million. Sahara is an AI data infrastructure developed by a Chinese team, with initial funding of $43 million.

2. The on-chain contract platform $HYPE is down, and strong coins are beginning to correct. Approximately $200 million in HYPE will be unlocked in the next week.

3. The meme GOR is rising, and GOR plans to fork the Solana chain, with Solana founder Toly promoting it.

4. Semler Scientific announces BTC accumulation plan: to hold at least 10,000 BTC by the end of 2025 and reach 105,000 BTC by 2027.

Stablecoins are booming, but what exactly are they? Since the listing of Circle, the 'first stock of stablecoins', its cumulative increase has reached 440% in just half a month.

On June 17, Liu Qiangdong, chairman of JD Group, stated at a sharing session that JD has six innovative projects, one of which is stablecoins.

On June 18, Wednesday, Pan Gongsheng, governor of the People's Bank of China, mentioned stablecoins for the first time at the 2025 Lujiazui Forum.

Many people are asking: what exactly are stablecoins?

In fact, they are not only an innovation in the crypto world but also a key bridge between traditional finance and the Web3 era.

With the spirit of decentralization of blockchain, they carry the trusted assets of the centralized world, creating an unprecedented financial form.

The financial system we are familiar with today can roughly be seen as a product of the Web1.0 or 2.0 era, relying on central banks, institutions, and rules, with the issuance and value endorsement of currency being highly centralized.

This system brings stability but also comes with a crisis of trust in central nodes. The financial world of Web3 completely reverses this: it is built on blockchain, where everyone has an immutable 'ledger', and decentralized trust is supported by code and consensus.

The emergence of stablecoins happens to find a junction between these two worlds.

Their ledger is on-chain, public, transparent, and immutable, reflecting the spirit of decentralization; yet the underlying assets they are pegged to, such as the US dollar, government bonds, gold, etc., are still relatively trusted centralized assets. This makes them a transitional form that connects 'traditional faith' and 'future faith'.

Those who distrust traditional finance can see the feasibility of decentralization through stablecoins; and those who believe in traditional finance can gradually understand and accept the logic of the Web3 world with the help of stablecoins.

So, to sum it up in one sentence: stablecoins allow traditional finance people to see the possibility of decentralization while also letting Web3 believers see the expansion path of traditional finance. This is what I believe to be their most core value at present, and it may also be the greatest potential for the future.

However, with stablecoins being so hot, one should not overlook the risks; people can easily be misled by superficial technological innovations while neglecting the in-depth analysis of the essence of assets.

$XRP

Recent Status: Making money is like catching ghosts.

$ETH has been in a sideways trend for nearly 40 days in this range.

Will it fall or rise? I can't understand it at all, it's driving me crazy.

Tonight, the Federal Reserve will announce to keep interest rates unchanged, so can they cut rates in July?

The most profitable Meme launching platform Pumpfun's official account and its founder Alon's account have been severely banned.

It is said that Pumpfun was collectively sued in the United States. Is there still hope for this pump token?

In the face of this large-scale FUD, Pumpfun has collapsed, and everything begins anew.

So it's time to pay attention to the $Bonk ecosystem.

$Glonk was one of the intense confrontations between the founders of Bonk.fun and Pump.

I will continue to hold, as the Bonk ecosystem is slowly building a consensus layer for memes; this is just the beginning.

If you are optimistic about the BONK ecosystem meme, give a nod in the comments.

Did you find any problems?

The third quarter is coming soon.

$BTC

The recent market is really sluggish, especially for altcoins.

According to the data, the altcoin seasonal index has dropped from a recent high of 30 to 27, with a weekly average of 39.

Since reaching an annual high of 87 on December 4, 2024, it has continued to decline.

In the past 90 days, only 27 out of the top 100 tokens by market cap have outperformed BTC,

The top-performing altcoins over the past 90 days include $FARTCOIN, SPX, HYPE, VIRTUAL, PENDLE, etc.

Focus on the strong and filter out the weak.

#币安alpha刷积分 Now there's another large group of resigning personnel.

It's really not easy to earn some points for airdrops.

However, the $KOGE team informed us yesterday that they were going to dump, are you still going to keep grinding? If you don't run, you'll lose out, so don't blame me. 🤣🤣

Also, is there anyone with the less worn $Zkj who got smashed?

Is there any local dog on the chain that can ambush.

Only this little bit is left, which one can hit a 100 times?

Please help me out～

"Lychee of Chang'an": Lychees can also consume people.

Suddenly realized the same is true for the crypto world.

Every wave of bull markets is a feast for the whale manipulators,

Every instance of going to zero is a history of the retail investors' blood and tears.

Only by riding on knowledge and using reason as the reins can one be a person who continually enjoys lychees.

$AXL The second wave of manipulation is coming～

#币安Alpha上新

The airdrop plan has changed again. I just resigned two days ago; am I working or not?

Are you all going to participate?

$SOL

Today's Hot News:

1. Trump will meet with Israeli Prime Minister Netanyahu today
2. Israeli military: Confirmed missiles launched from Yemen, heading towards Israel
3. Analysis: ETH price dropping to $2100 may present a good opportunity
4. Trump: The Israeli attack is positive for the market, as Iran cannot obtain nuclear weapons
5. Sources: Israel's actions against Iran may continue for more than two weeks
6. Market news: Trump's Media Technology Group has registered with the U.S. SEC regarding a Bitcoin investment application
7. Trump's financial report: The cryptocurrency wallet holding World Liberty Financial tokens is valued at $15.75 billion
8. New York Post: Trump earned $57 million through his family's cryptocurrency company
9. NVESCO GALAXY SOLANA ETF has been registered in Delaware
10. Multiple institutions have submitted updated Solana ETF S-1 filings
11. MicroStrategy executives increased their holdings by $1.3 million in preferred stock
12. SharpLink Gaming fell by 66.34%, currently reported at $10.96
13. A whale spent $9.64 million to buy 3,810 ETH
14. Gotbit founder sentenced to 8 months for manipulating the cryptocurrency market, team banned from operating for 5 years
15. Former Blockchain executive Jamie Selway joins SEC as Director of Trading and Markets
16. Meteora will charge fees for high-value sniper trades
17. Anthony Pompliano plans to launch Bitcoin investment tools and aims to raise $750 million
18. Brazilian listed company Méliuz raises $32.5 million, plans to increase Bitcoin assets
19. MapleStory manager: Will strengthen anti-cheating systems and postpone prize distributions to curb abuse
20. Cardano co-founder proposes to convert $100 million ADA into Bitcoin and stablecoins to support DeFi
21. U.S. June one-year inflation expectations initial value at 5.1%, expected 6.4%

$AXL

The account has been attacked again,

the scam is completely foolish.

I'm losing my mind…

$ETH

$obol What happened.

woc I lost money without paying attention.

I have been working day and night these past few days, and damn, I returned an entire order.😖😖

Coinbase will increase support for $HOME on the Base network.

Eat a bite and sleep.😌

Is Ethereum back at this resistance zone again?

Can it break through? This is the fourth time at this position.

What do you think, up to 3500 or down to 2000?

$ETH

How powerful is the Air Force $AXL ?

The funding rate is negative 2, but I am a long position. 😉