StateOfMind

Venezuela boasts the world's largest oil reserves, with an estimated total value of up to $17 trillion at current oil prices—an astonishing figure: equivalent to 56% of the US GDP, 89% of China's GDP, four times Japan's GDP, and 9.6 times the market value of Bitcoin. No wonder it is called the "Underground Liquid Gold Treasury."
After the US military captured Maduro, Trump's statement revealed his ambitions: "Major American oil companies will enter Venezuela on a large scale, investing billions of dollars to repair the dilapidated oil facilities, allowing these resources to flow again and make

This round of the bull market did not have a noticeable surge in the altcoin season, which is indeed a big regret. However, in terms of total market capitalization, compared to the peak of the last bull market, the total market cap of crypto assets still saw an increase of over 50%.
Due to the vast number of altcoins, meme coins, and junk coins (at least tens of thousands of types reaching several ten thousand dollars in scale), attention has been dispersed.
This is somewhat similar to the burst of the real estate bubble in mainland China. It may seem like chaos, but it is actually a good

DOGE Argentina can use Dogecoin to pay taxes, Starbucks accepts Dogecoin payments, and Tesla merchandise can also be paid with Dogecoin. Once Dogecoin is integrated with X Money, you can buy a car directly. Elon Musk plans to send Dogecoin to the moon. Dogecoin needs use cases to stay relevant and popular. Surprisingly, some people still think Dogecoin is a joke or say it's infinitely inflationary. But the US dollar is printed every year too. Why not call the dollar trash? Without faith, you'll never make big money. #今日你看涨还是看跌？

Seven departments including the National Internet Finance Association of China have issued a risk warning on preventing illegal activities involving virtual currencies.
In fact, currently the cryptocurrency market is not only restricted in China, but the US is also preventing its citizens from participating. Many project websites block IPs from certain regions in the US. Of course, the reasons for the restrictions differ between the two countries. China’s ban is because the decentralized nature of virtual currencies conflicts with our core values. The US likely hasn’t figured out how to tax it

Let's take a look at Grayscale's recent moves.
In this bull market, almost all the altcoins held by Grayscale have pumped, and the gains have been significant. From the mainstream coins and AI coins that pumped early in the first half of 2024 like BTC, ETH, SOL, BCH, and LPT, to the ones that pumped in the second half of 2024 like XRP, XLM, LTC, then last month's privacy coins hype with ZEN and ZEC, and finally, BAT which has been surging these past few days. You could call Grayscale "basic," but the coins it holds have outperformed 99% of institutions and retail investors this bull run.
Curre

A couple of days ago, the Central Bank issued a document to crack down on Virtual Money. A bunch of people in the square and on X are saying that this crackdown is a good thing. The domestic regulatory authorities have cracked down so many times, yet the price of $BTC keeps rising. Domestic regulators really don't need to care; I think these people have really lost their minds.
The cryptocurrency industry relies on new investors constantly joining to expand the market. One major reason why there hasn’t been a season for altcoins in this bull market is that domestic regulations and traditi

The trend of Bitcoin in 2025 is very similar to that in 2022, with a correlation of 98%.
#比特币行情观察
According to Cointelegraph, Bitcoin (BTC) in 2025 is highly similar to the bear market bottom trend of 2022, with a correlation close to 100%. Network economist Timothy Peterson pointed out that this year’s BTC performance is remarkably similar to that of 2022, with a daily correlation of 80% and a monthly correlation reaching 98%.
November is one of the worst months for BTC price performance, Peterson stated, with this month's performance being in the bottom 10% since 2015. Historical data s

Can #BTC rise to 200,000 next year?
The rainbow chart predicts a bull peak of 200,000 in 25 years, but the result only reached 126,000. However, some insist that its bottom is valid, making 65,000 the iron bottom, and it was pushed again to 200,000 and 250,000 in 26 years. In simple terms, it's just technical charting: because it has risen before, it must rise in the future.
The real driving force behind BTC has always been simple: how much money is being printed globally and how many people are actually using it on-chain. The last two major bull runs occurred after epic money printing gl

DOGE Spot ETF GDOG officially listed on the New York Stock Exchange today.
This means that Wall Street's door is open for $DOGE .
What was once a joke is now an institutionally certified asset.
Although DOGE is not performing well at the moment, the future is certainly promising.
#现货ETF获批新进展

Let's take a look at the situation in the neighboring A-shares. In fact, just like the Crypto Assets market, the crypto world sees BTC rise, while A-shares see the index rise. Despite this year's index performing so well, about 80 to 90 percent of people are still at a loss.
Most people in the A-share market have never seen a bull market because there hasn't been one for 10 years. What most people don't know is that most of their money was lost during the bull market; this is the same for both the A-share market and the crypto world. #比特币行情观察

I saw someone blaming the reason for this round of $BTC fall on the Prince Group being confiscated of 120,000 BTC by the US government, claiming that the myth of BTC Decentralization has been shattered, so the big dump is going to drop to zero.
It really made me laugh, speaking as if they understand Bitcoin so well. If Bitcoin were to crash just because it 'can't be used for gray and black markets', then it would have been over when Silk Road was shut down a few years ago. The US, Germany, and the UK all confiscated a bunch of Bitcoin back then, and what happened? The price kept g