Oh my god, I just saw a set of data that completely shocked me😲 The total value of crypto M&A transactions in 2025 actually reached $8.6 billion? That's almost four times last year's! Coinbase acquired Deribit for $2.9 billion, Kraken spent $1.5 billion to buy NinjaTrader… These numbers are simply astronomical to a newcomer like me.

What's most interesting is that the Trump administration seems to have really taken cryptocurrencies as a national priority, appointing industry-supportive regulators, dropping lawsuits, establishing reserves… It feels like the policy shift directly triggered this wave of mergers and acquisitions? Does this mean cryptocurrencies are gradually gaining more "legitimacy" and trust?

I'm a bit confused—are these big institutions bottom-fishing through acquisitions? Does that mean it's safer for us newcomers to enter now? Or is this just the big fish laying out their plans, and risks still exist? I seek advice from the experts—during this positive regulatory moment, how should beginners participate cautiously? There seems to be so much to learn💭