A friend asked if Trump is likely to pardon SBF. Personally, I felt the probability was around 20% before Cz's pardon, rising to 40-60% after his pardon. Pardoning Cz is likely Trump's way of testing public pressure for several reasons. 1. SBF provided a significant amount of funding when Trump lost the election and his property was raided. 2. After Trump's election, his close friend and crypto investor, Cathie Wood, immediately visited SBF in prison, a move interpreted by some as a gesture of repaying a favor. 3. Over the past two years, the value of SBF's post-bankruptcy assets has steadily increased, allowing FTX to fully repay its debts. This means investors have no direct losses, allowing the case to be presented as "closed," reducing the political cost of a pardon. (The large amount of funds flushing out FTX's post-bankruptcy assets is not uncommon in itself.) 4. SBF is Jewish, and Jewish financial institutions and their protectiveness are well known. 5. SBF's Twitter account was recently reactivated. Considering the above points, the probability of SBF being pardoned is increasing. It's very likely that pardoning Cz is Trump's way of testing his ability to hedge against public pressure. Furthermore, Trump's personality often involves playing small games before moving on to big ones. Overall, it seems possible, as nothing Trump does is surprising. $BTC $ETH $LDO #btc #eth #ldo {future}(LDOUSDT) {future}(ETHUSDT) {future}(BTCUSDT)

Rumor has it that Musk is a Yang Mi fan, and Four used Fu Mi Mi for marketing. Elon Musk immediately banned the account after seeing this. The industry is already chaotic enough, stop being a clown 🤡 $BTC $ETH $Binance Life b#btc #eth {alpha}(560x924fa68a0fc644485b8df8abfa0a41c2e7744444) {future}(ETHUSDT) {future}(BTCUSDT)

Regardless of who becomes Federal Reserve Chair, the following five individuals will actively engage with cryptocurrency. One thing is certain: the Federal Reserve will fully engage with the blockchain market. This will spawn a host of excellent protocols in areas like DeFi and stablecoins. The Federal Reserve is no longer simply an institution that issues bonds and raises interest rates; it is evolving into a programmable, accessible, and composable core financial node. Blockchain will also usher in a true golden age. $BTC $ETH $BNB #btc #eth #bnb {future}(BNBUSDT) {future}(ETHUSDT) {future}(BTCUSDT)

The people panicking now are the same ones who panicked two years ago when Bitcoin hit $30,000. The core characteristic of their panic is cognitive bias. Bitcoin's entire value lies in its underlying blockchain technology. It's DeFi, stablecoins, and other on-chain financial platforms that give it seemingly supreme value, but in reality, it's just a medium of exchange. Two years ago, I wrote that US institutions would use Bitcoin as a springboard to connect with blockchain finance. Looking back today, even the Federal Reserve has expressed strong interest in DeFi, stablecoins, and on-chain finance. So, what's the point of distinguishing between altcoins and Bitcoin? Although this market hasn't yet been formalized, it's gradually moving toward maturity. As a medium of exchange, Bitcoin will only account for approximately 4% to 8% of the blockchain market share in the future. Blockchain now has 90% of the economic benefits waiting to be discovered, and those who panic about so-called altcoins will surely become a historical joke. History offers many comparisons, from early humans using shells as a medium of exchange to the ancient Egyptian Mesopotamian civilization that propelled gold to the forefront of history, and now to Bitcoin becoming a medium of exchange. It's not that magical; it's simply a change in the means of production. The medium of exchange in human civilization has always evolved alongside the means of production, from shells to gold to digital assets. Panics often stem from a lag in understanding the new paradigm. Future opportunities lie in understanding how technology is reshaping the way value is exchanged, rather than obsessing over the price fluctuations of a single asset. For everyone, the future lies in transcending the singular, dominant mindset of Bitcoin. We are now at the forefront of a golden age of widespread blockchain application. Let's forget the noise and past Bitcoin price fluctuations and find our own light in the world of blockchain technology. Even if you bet your life on Bitcoin, it will only account for 4% to 8% of the total blockchain value. Like gold, it will be a worthless medium of exchange. $BTC $ETH $SOL #btc #eth #sol {future}(BNBUSDT) {future}(ETHUSDT) {future}(BTCUSDT)

Bitcoin has risen from around $30,000 as reported in the article to its current high of $130,000. Those who panicked then are likely the same people who are panicking now. But don't panic; blockchain is still here, and all preparations are being made to create a better market. Bitcoin and gold have no inherent value, but humans have had a strong interest in gold since the dawn of civilization. Even before the dawn of civilization, humans had a special affinity for shells, and for a long time, our ancestors used them as a medium of trade and ornament. Gold is the treasure of carbon-based civilizations, while Bitcoin is humanity's experiment in wealth as we move toward silicon-based civilizations. Together, they provide a long-term hedge against the fiat currency system, and both those who panic and those who believe in it will switch back and forth between the two markets. Like gold, its share of the economy will decrease over time. From ancient Egyptian Mesopotamian civilization to modern civilization, gold's influence on wealth and power has been steadily declining. Bitcoin will similarly decline from its current market share of 60% to between 4% and 8%. As a medium of exchange, so too will gold, and so will Bitcoin. No one can reverse this trend. Two years ago, when Bitcoin was at $30,000, many people panicked, believing it would inevitably pull back before the halving. But now, those who panicked are a laughingstock, and those who differentiate between altcoins and Bitcoin will also become a historical joke. For people, whether shells, gold, or Bitcoin are used as a medium of exchange is unimportant; what matters is whether there are better means of production. $BTC $ETH $SOL #btc #eth #sol {future}(SOLUSDT) {future}(ETHUSDT) {future}(BTCUSDT)

What's the point of dynamically evaluating the development of overseas stablecoins? Over the past three years, the number of daily active stablecoin addresses globally has grown at an average annual rate of approximately 93%, demonstrating the strong penetration and widespread application of stablecoins in the on-chain economy. This data not only reflects the expansion of the user base but also signals the profound evolution of digital asset infrastructure. From cross-border payments to decentralized finance, from emerging market currency substitution to corporate treasury management, stablecoins are gradually becoming a vital component of the global financial system. Notably, regulatory attitudes are also undergoing a fundamental shift. The Federal Reserve has begun fully integrating on-chain businesses and exploring synergies between DeFi and stablecoin systems. The boundaries between traditional finance and the blockchain ecosystem are dissolving. We stand at the threshold of a new financial era, and you and I, watching this screen, are ushering in a brand new financial system. Only on-chain finance can adapt to future economic efficiency. Please stand on the right side of history. $BTC $ETH $LDO #btc #eth #ldo {future}(LDOUSDT) {future}(ETHUSDT) {future}(BTCUSDT)

My fellow syphilis traders, and I, have made a slightly higher profit than you. Based on Alpha's current price of 0.6, I've made a roughly 500% return, and based on the current spot price next door, I've made a roughly 330% return. Don't be jealous of me, or that platform coin next door. Every time it drops a little, you call me a shill and market manipulator. Your coins have doubled to the sky, and I haven't even heard you say thank you. 🙏 As for me, I see through it all. You followed suit and bought Pepe, Wld, Sui, Cetus, ONDO, OKB, and so on at the bottom. When you made money, you didn't even say thank you. Triple, 5, 10 times, you're so greedy, like gamblers, that the more you earn, the more leverage you add. I rarely promote on-chain coins. Last year, there was AI16Z, which I bought on the first day and saw a tenfold increase in three or four days. I said at the time, I'd take a small amount and double my principal, but on-chain isn't that secure. In the end, I got stuck and came to me and accused me of being a shill. Is there something wrong with my brain? The profit is higher than selling drugs, and you're still making money. You'll come to me when the market drops. Even when you made ten times the money, you didn't even come to say thank you. Instead, you're conspiring to manipulate me when the market drops. Use your brains! Can I manipulate A16z, the largest institution in the cryptocurrency world? Even conspiracy theories don't have brains. Who else would be a manipulator and let you buy at the bottom and make ten times the profit? Some people are truly idiots. I've never let you use leverage, and now you're coming to me when your leverage gets blown!❗️❗️ I'm too lazy to bother with you right now. I'll teach you a lesson once everything I said before has mostly come to fruition. $BTC $ETH $MERL #btc #eth #Merl {future}(MERLUSDT) {future}(ETHUSDT) {future}(BTCUSDT)

SoftBank is leveraging its bets today to see them through tomorrow, but the payback period is expected to be at least five years, and the risk is extremely high. SoftBank's funds are likely part of borrowing against collateralized assets, but Ai's current revenue and return cycles are incredibly long, ranging from three years to five to ten years. Combined with the global economic data from the past two years, the outlook isn't as optimistic as many might think. With significant economic volatility in the coming years, SoftBank likely won't be able to withstand the pressure of cash flow. SoftBank isn't like the wealthy Dubai tycoons who gambled on internet giants like Alibaba, with ample funds at their disposal. Its investments are modest. Ai is currently a pure cash burner. Twenty billion isn't even enough to cover OpenAi's annual burn. Furthermore, the current concentration of capital market investment in Ai has created an asymmetric economic triangle: high valuations, high interest rates, high volatility, and extremely long payback cycles. The global economy is currently so concentrated in burning cash that it's even oblivious to the long payback period. There's still hope for recovery in the next three years, as capital market cash flow is currently heavily concentrated in narratives focused on very long cycles. $BTC $ETH $BNB #btc #eth #bnb {future}(BNBUSDT) {future}(ETHUSDT) {future}(BTCUSDT)

Is it possible that CZ still has someone whose account was liquidated on October 11th? $BTC $ETH $BNB {future}(BNBUSDT) {future}(ETHUSDT) {future}(BTCUSDT)

The big one is really coming! I feel like I'll be able to get back 40,000 LDO and one BTC soon. $BTC $ETH $LDO #btc #eth #ldo {spot}(LDOUSDT) {future}(ETHUSDT) {future}(BTCUSDT)