Expand "Bitcoin is the best performing asset of its generation, and we've helped investors earn billions of dollars on it. But its market cap is now quite substantial—trillions. Solana represents only 5% of Bitcoin's market cap. We believe its potential asymmetry is greater and its upside is much greater." "This is our largest position right now—we hold $1.1 billion in Solana. We're helping our investors and the public market access what we believe is the most compelling asset right now." — @dan_pantera, Bloomberg Crypto Column @HeliusHSDT $HSDT

Expand Why did the market plummet? Bitcoin plunged $1,500 in a few hours, while altcoins fell 5%-10%. Here are the reasons: 1️⃣ Nvidia's plunge ● China accused Nvidia of violating antitrust laws. ● Nvidia's pre-market plunge → Nasdaq futures plummeted. ● Cryptocurrencies followed the Nasdaq's decline. 2️⃣ Leverage influx ● Bitcoin open interest hit a new high, while the price remains 7% below its all-time high. ● Excessive leverage → Whales have sold off. ● Bitcoin's market capitalization lost $2 billion today = a healthy reset. 3️⃣ Market de-risking ● The Federal Open Market Committee (FOMC) will announce its decision in two days. A 25 basis point rate cut is almost certain. ● But Powell's hawkish tone and the consumer price index approaching 3% have spooked the market. ● De-risking ahead of positive events is common. My Thoughts ● Nothing moves in a straight line. ● Big money is looking for better entry opportunities before the fourth quarter. ● The best strategy? Hold and wait.

Expand Last week we said that the adjustment would be completed by the middle of this month, and that the market would begin to recover and slowly rise in the week before the adjustment is completed, which is this week. So far, it is in line with our prediction. The launch of the market does not mean that it will take off from the spot at the moment of launch. It has its own rhythm, from the initial hesitant and slow rise, to the steady upward trend, to the accelerated upward trend, and finally to the free fall. Everything is in this process framework. So the strength of this week's market will determine the strength of next week's market. If this week is strong, then next week will be even stronger. If this week's upward strength is average, then next week will also be average. It's like throwing a bouncy ball to the ground with force. The moment you throw it, the future height is determined. The future height is determined by how much force you used at the beginning. So we will find that there are some monster coins every year. Their common feature is that they are very strong at the beginning and will only become stronger afterwards, pulling you so far that you dare not get on the train until the market recognizes and accepts their strength. This week's market is actually quite good. Various altcoins are already experiencing a surge, which aligns with the signs and timing of the arrival of the altcoin season we discussed. Furthermore, Bitcoin's market capitalization share has been declining. I personally believe that until Bitcoin's market capitalization share reaches 50%, altcoins will experience a period of rising time. What is a time bonus period? Simply put, it's the period before the market reacts and altcoins reach their expected mid-term resistance levels. We anticipate a full-scale market resurgence next week. Don't listen to rumors or news; trusting your own judgment is the first lesson in a trading career.

Expand There's a famous saying in the cryptocurrency world: "Even a consensus among idiots is still a consensus." Bitcoin has 100 million users. Moutai, on the other hand, has only 220,000. Bitcoin's market capitalization is currently 23 trillion RMB, while Moutai's is 1.89 trillion RMB. This suggests Bitcoin is far from a bubble. Congratulations 🎉 @Almanak__ on surpassing $50 million in TVL! By embracing code and rejecting empty "sound marketing," we've built a platform that truly embodies the core spirit of cryptocurrency. @Almanak__ demonstrates the potential of AI in capital management based on verifiable code, rather than relying solely on trustworthy promises. 🔹 Why Almanak? - Code First: Unlike unreliable LLM models, our intelligent agents ensure security and transparency through verifiable code. - Community Driven: Our 50M+ TVL reflects the global community's recognition and support of our vision. - Expect a promising future: With innovations like Pendle integration, 60M TVL is just around the corner, and 100M TVL is within reach within a month! 👉Now is the perfect time to enter: https://t.co/2sasIp5b61 #Almanak #DeFi

Expand $SOL There's nothing to say about the Solana monthly chart. It's bound to surge in the coming months, and the entire SOL ecosystem will also rise. I have unwavering faith in my system. Any positive news is bearish, and any good or bad news is simply used in conjunction with indicators. If the long-term indicators are bearish, there will definitely be no major positive news. Also, don't dwell on Bitcoin's MACD weekly divergence. Anyone who understands divergence knows it only indicates risk, not specific levels. Don't just blindly speculate without understanding it. And it's best to look at multiple indicators in conjunction. Bitcoin's market capitalization share (BTC.D) has already plummeted, and you still think Bitcoin is going to plummet? I don't know what you're thinking.

Expand Specifically, Mallers revealed that Twenty One Capital's goal is not simply to provide financial services around the top crypto asset, like Michael Saylor's Strategy, but to become a Bitcoin finance company. However, he emphasized that they would not, like other companies, pivot to other cryptocurrencies, accusing them of being too focused on the bigger picture without considering the bigger picture. Notably, his prediction that Bitcoin will reach a valuation of $500 trillion has garnered attention from the crypto community, particularly given that the global M2 money supply remains below $100 trillion. Furthermore, considering the current circulating supply of 19.91 million Bitcoins, if Bitcoin's market capitalization reaches $500 trillion, the price of one Bitcoin would soar to $21.11 million. Interestingly, if Bitcoin indeed sets such a lofty goal, its momentum would spread to the broader crypto market and influence altcoins like XRP. This is largely due to Bitcoin's position as a market leader, which often dictates market direction, both positive and negative. For example, over the past week, apart from brief minor deviations, the price movements of Bitcoin and XRP have mirrored each other, according to data from CoinMarketCap.

Expand Twenty One Capital CEO Jack Mallers predicts Bitcoin's market capitalization will reach $500 trillion. Twenty One Capital co-founder and CEO Jack Mallers recently stated that Bitcoin's market capitalization could reach $500 trillion. Mallers shared the company's vision in an interview with Bloomberg. He explained how Twenty One Capital plans to continue its development in the Bitcoin space, despite being one of the earliest adopters of the Bitcoin standard. Twenty One Capital was founded in 2025 through the merger of Nasdaq-listed SPAC Cantor Equity Partners. The company initially invested over 42,000 Bitcoins from investors including Tether, SoftBank Group, and Bitfinex, making it the third-largest corporate Bitcoin holder from its inception. Currently, the company has an estimated enterprise value of $3.6 billion and has set a goal of increasing its Bitcoin holdings to approximately 43,500 Bitcoins, while maintaining an average purchase price of around $87,280 per Bitcoin. However, Jack Mallers clarified that the company plans to do more than just buy and hold Bitcoin. "We want to be the best Bitcoin company in the world," he said. He explained that Twenty One Capital will continue to use its cash flow to purchase more Bitcoin while building financial products and services around the top crypto asset. In the interview, Mallers described what he sees as a gap in the market. On one hand, companies like Coinbase focus on operating exchanges that trade multiple cryptocurrencies. On the other hand, companies like MicroStrategy buy and hold Bitcoin for corporate treasury, but nothing more. Mallers, who is also the founder of Strike, believes Twenty One Capital can find a balance by raising funds, increasing its Bitcoin reserves, and launching Bitcoin-based financial services. "That's exactly the gap in the market we want to fill," he said. The 21 Capital CEO said that exchanges that aren't focused on Bitcoin are "missing the forest for the trees." The bold claim is that "Bitcoin is on its way to becoming a $500 trillion asset." Interestingly, this prediction goes far beyond the well-known prediction of Michael Saylor, whose company MicroStrategy has pioneered enterprise Bitcoin financial management methods. Saylor predicted that Bitcoin's market capitalization could one day reach $280 trillion. In another prediction, he said that by 2046, Bitcoin could trade at $21 million per coin. Notably, Mallers' prediction suggests that Bitcoin's price could be even higher.

Expand This time, Bitcoin's market capitalization is likely to surpass Nvidia! Therefore, Bitcoin still needs to double! ETH will have to double again! Do you agree with me?

Expand Declining Bitcoin Volatility May Drive Steady Price Growth As Bitcoin's market capitalization continues to grow, its volatility is steadily declining, signaling its continued maturity as a more mature asset. This reduced price volatility may support Bitcoin's long-term upward trajectory, achieved not through sudden "surges" but through more gradual, stable increases and gentler pullbacks. Lower volatility makes $BTC more attractive to institutional investors and investment funds, who tend to prefer less volatile assets.

Expand The first two phases, Solayer and Sahara, both performed well on Buildpad. Many people feel that the third phase, @Lombard_Finance, isn't as popular as the previous two, but I believe it has a longer-term focus. Bitcoin has a massive market capitalization, but it has long remained dormant, lacking suitable infrastructure. This is the significance of Lombard—it transforms BTC into an asset that can truly be supported by the financial system. Their $LBTC is the only interest-bearing BTC asset. It surpassed $1 billion in TVL within 92 days of launch and currently stands at $1.5 billion, capturing 57% of the BTC LST market and generating $5 million in annualized revenue. Lombard Ledger, comprised of institutions such as OKX, Galaxy, DCG, and F2pool, provides security. The DeFi side integrates with leading protocols like Aave, Pendle, and Maker, while the CEX side is also available on the Bybit and OKX apps. In other words, Lombard has propelled BTC from its dormant state to a liquid, interest-earning, and reusable asset. This leads me to view Lombard as fundamental infrastructure for the BTC ecosystem, rather than a narrative spin. Compared to the new stories of Solayer and Sahara, Lombard is more of a necessary underlying narrative. As long as BTC's long-term logic holds, the protocols that provide its liquidity will continue to hold value. 📌 Public Offering Information: FDV $450 million, total 6.75 million, subscription period August 26th–29th, 100% unlocked upon listing. There may be some short-term market noise, but from a long-term perspective, Lombard represents the gradual migration of Bitcoin capital onto the blockchain. This infrastructure-like positioning means its value comes more from the accumulation of time and scale. So I will keep an eye on it and take this $BARD opportunity seriously.