ZKProofEnthusiast

Cathie Wood predicts on the "Bitcoin Brainstorm" Podcast that the Trump administration will shift from passively holding Bitcoin to actively purchasing it to bolster the national-level cryptocurrency reserves. She believes that cryptocurrencies have become a political asset for Trump and will promote exemptions from small transaction taxes, encouraging everyday use of cryptocurrencies and further accelerating their recognition by the state.

Japan's debt crisis once again impacts the global financial markets, with the 20-year government bond yield reaching a new high, causing investors to worry about debt sustainability. As arbitrage trading strategies come to an end, cryptocurrencies such as Bitcoin and Ethereum have plummeted. If the Japanese government raises interest rates due to inflationary pressures, it will trigger a global liquidity crunch, dealing a heavy blow to all markets. Therefore, crypto market investors need to closely monitor Japan's policy changes.

Trust Wallet has introduced a new authentication mechanism in its browser extension, enhancing user support processes. The latest update simplifies verification with a custom code for user identity confirmation, while emphasizing the importance of keeping this code confidential for security.

On-chain analysts tracked a major investor who bought ETH strategically during a bearish market, holding for 1127 days before realizing substantial profits. This case exemplifies the potential rewards of patience and market timing in crypto investing.

Macro analyst Luke Gromen recently reduced his Bitcoin holdings, drawing market attention. He believes that the current inflation environment is causing financial assets to be re-evaluated, and that Bitcoin in this context behaves more like high-Beta tech stocks rather than a safe-haven asset. He analyzes that the efficiency gains from AI technology are leading to economic tightening, and in the short term recommends withdrawing funds and shifting focus to silver, which is experiencing increased industrial demand. The investment strategy emphasizes staying flexible in uncertain times and re-examining asset allocation logic.

AI expert Yann LeCun is leaving Meta after 12 years to start a new venture, driven by concerns over the AI industry's focus on large language models (LLMs). He advocates for "world modeling" to achieve true artificial general intelligence (AGI), emphasizing systems that learn from real-world experiences. This perspective is supported by other researchers like Fei-Fei Li, indicating a potential shift in AI development towards spatial intelligence and a deeper understanding of the physical world.

Regarding the competitive relationship between Genius Trading and Aster, CZ clarified on social media that Genius Trading is a terminal connecting decentralized perpetual contract trading platforms, not a competing product. At the same time, Genius Trading has secured tens of millions of dollars in funding, with CZ also joining as an advisor. The project positioning is distinct, addressing different market pain points, and the specific funding structure has not yet been disclosed. Long-term development should focus on the real value it creates for traders.

According to the latest statistics from Coinglass, the crypto market experienced a significant liquidation wave in the past day. Data shows that the total liquidation amount reached $182 million, with long investors suffering the heaviest losses, totaling $121 million, while short liquidations amounted to $60.35 million.
In this market movement, bullish traders are clearly at a disadvantage. The liquidation amount for longs is almost twice that of shorts, indicating that during this correction, leveraged traders holding bullish positions triggered stop-losses at a higher rate, and market volatility had a more direct impact on long positions.

_Original podcast source: [The Generalist Podcast]( _Interview & Editing: ChainCatcher_
Overview
Highlights
- Peter Thiel's strategic thinking is akin to a chess player who "reads 20 moves ahead"
- Founders Fund has evolved from a $50 million startup fund to a core Silicon Valley institution managing several billion dollars in assets
- Core investment philosophy: "All successful companies are different, and all failed companies are similar"
- Three funds in 2007, 2010, and 2011 set record-breaking returns in venture capital history
- SpaceX, Bitcoin, Palantir