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The growing interest of institutional investors and macroeconomic changes are reshaping the cryptocurrency market. The Winklevoss brothers emphasize Bitcoin's potential as a global reserve asset, predicting its price could reach $1 million, driven by structural market shifts and demand for digital assets amid inflation pressures.

Todd, an executive at the U.S. Department of Justice, announced plans to eliminate a prosecution-based regulatory approach for the cryptocurrency sector, which has hindered industry innovation. This shift has garnered strong support from the crypto community, promising a more constructive regulatory environment that could foster growth and innovation.

In the 2025 market, investor interest is shifting significantly towards tangible assets. Gold has risen to $4,450 per ounce, recording a 70% increase since the beginning of the year. Copper has also shown a 35% rise, indicating a strong demand for physical assets. In contrast, Bitcoin (BTC) is currently trading around $92,350, representing a 6% decline since the start of the year.
Background of the Growing Attention to Tangible Assets
Market analysts are interpreting this capital shift in conjunction with fluctuations in the fear index. Many institutional investors are increasingly valuing physical assets over the concept of Bitcoin as "digital gold."
Analysts at 10x Research suggest that the traditional narrative of Bitcoin is being significantly challenged.

The Bitcoin mining industry faces significant challenges post-2024 halving, with declining margins due to rising costs and falling hash prices. Companies are diversifying into AI and exploring infrastructure integration to adapt. This shift may lead to increased M&A and capital dilution, necessitating a fundamental business model overhaul by 2026.

In August 2025, Ripple resolved its long-standing legal dispute with the SEC, significantly boosting XRP's market perception and price. This settlement has attracted institutional investments and prompted the launch of new products, reinforcing Ripple's transformation into a compliant financial technology company.

Elon Musk has surpassed $600 billion in personal wealth, marking a new era in modern business. The rise of Tesla and SpaceX has driven this unprecedented achievement, impacting entrepreneurs and highlighting wealth concentration in the global economy.

The regulatory evolution in Europe marks a major turning point for access to cryptocurrency-related financial products. The French Financial Markets Authority (AMF) has just changed its approach by removing the restrictions that were imposed on the marketing of Negotiable Notes.

The FTX collapse revealed via Caroline Ellison's testimony that Alameda Research misused customer funds for high-risk trades, leading to a market trust crisis and calls for stricter regulations. Her cooperation resulted in a reduced prison sentence, emphasizing the importance of insider testimonies in financial crime investigations and highlighting issues in cryptocurrency market regulations.

China has not yet exerted pressure on Japan, but has launched an anti-dumping investigation into imported dichlorodihydrosilane from Japan, implying that the chip manufacturing industry chain is undergoing restructuring. Japanese companies are using low-price dumping to target Chinese domestic alternatives, while China is using this policy to protect its local enterprises, demonstrating the mutual constraints within the supply chain. They are responding rationally under international rules, sending signals to the global market.

The U.S. Congress is advancing structural reforms in the crypto market, with a key focus on a seemingly lengthy clause—the conflict of interest prevention regulation. According to Punchbowl News, Democratic lawmakers Adam Schiff and Ruben Gallego have proposed a protective measure within the Republican-led Responsible Financial Innovation Act, primarily prohibiting government officials from profiting personally from crypto-related businesses. This ban applies to all public officials, including current President Donald Trump.
Why is this proposal so important? Gallego explicitly states that the related ethical standards are an uncompromisable "red line." If mishandled, the entire bill will struggle to secure enough votes to pass in the Senate. This reflects the Democratic Party’s firm stance on the boundaries between power and commercial interests, especially as crypto policy becomes a political focal point.

Furoki is a dog-inspired cryptocurrency based on the Shiba Inu community and Mr. Mask's dog, operated through a DAO. It supports community growth by developing a diverse ecosystem, including the NFT game "Valhalla" and decentralized finance platforms.

Last night, the crypto trading market staged a thrilling series of liquidation events. Renowned investor Huang Licheng experienced 10 consecutive liquidations within just a few hours, with his account balance plummeting from $1.3 million to just over $50,000 — a total evaporation of $1.25 million.
This is not the first time. As early as October 2024, he went through an even more brutal liquidation: a $79 million ETH long position was forcibly closed, turning a profit of $44.5 million into a loss of $10 million in just one day, with a net loss exceeding $54.5 million.
However, after each total loss, Huang Licheng quickly injects new margin, as if the high leverage grinder cannot really hurt him. In December, he injected $199,800; in November, $275,000; and a few days ago, another $254,700…

To profit in the cryptocurrency market, choosing the right trading method is the key to success. Spot trading and perpetual futures trading are the two main mainstream methods of cryptocurrency investment, but their mechanisms differ significantly. By accurately understanding the characteristics of both, you will be able to select the most suitable method for your trading strategy.
What is spot trading?
Spot trading is the simplest form of trading where you actually purchase cryptocurrencies and immediately hold the assets in your wallet.
Basic features of spot trading
Spot trading involves directly buying cryptocurrencies such as Bitcoin and Ethereum at the current market price, and fully owning those assets. Similar to stock investing, "buy low and

Divergence in technical analysis signifies a situation where asset prices and indicators move in opposite directions, indicating potential trend reversals. Recognizing divergence empowers traders and investors to make informed decisions based on market dynamics.

Mining cryptocurrency is increasingly difficult due to rising complexity, global energy costs, and market dominance by large operators, squeezing small miners. Technological advancements and a shift to renewable energy are seen as crucial for future profitability.

The core differences between the two contract modes
In cryptocurrency derivatives trading, the two most common settlement methods are based on stablecoins and crypto assets. Among them, coin-margined contracts use cryptocurrencies directly as margin and settlement units, while USDT-margined contracts use stablecoins like USDT for pricing.
USDT-margined contracts operate on a USDT quotation and settlement basis. Since USDT is pegged to the US dollar, investors can intuitively assess their returns from a fiat currency perspective. For example, if you earn 1000 USDT, it is almost equivalent to receiving a 1000 USD return. This mode is more friendly to traders accustomed to thinking in fiat currency, especially suitable for those who want to quickly understand actual gains.
Advantages and Applications of Coin-Margined Contracts
Coin-margined contracts adopt a reverse mode, using cryptocurrencies like BTC, ETH as the base currency for margin calculation. Taking BTC-margined contracts as an example, Bitcoin simultaneously acts as the initial margin

In the world of cryptocurrencies, the term "airdrop" is often heard, but what exactly is the mechanism behind it? Is it really profitable? Are there any risks? Many people may have these questions.
From 2024 to 2025, layer 2 projects and AI-related projects are conducting large-scale airdrops, releasing billions of dollars worth of value into the market. This is truly a time when airdrops are gaining attention.
In this guide, we will explain what an airdrop is, how to participate, and what risks are involved, in a way that even beginners can understand. By acquiring the right knowledge, you can maximize your chances of gaining assets for free.

The crypto market is experiencing a liquidation wave, with a total of $514 million liquidated within 24 hours on December 18, with long positions accounting for over 70%. BTC and ETH are the hardest hit, with liquidations of $118 million and $177 million respectively. Hyperliquid trading pairs set a record with a single liquidation of $11.08 million, affecting 153,078 people, indicating the market's strict punishment for high leverage trading.

The essay discusses the tech industry's shift towards audio-centric devices led by OpenAI, exploring advancements in voice interfaces, consumer acceptance, ethical concerns, and the balance between technology and societal responsibility.