Tag: USD

The crypto industry exhibits a K-shaped divergence, with infrastructure developing rapidly but the public struggling to capture value through token markets. Cobie believes AI may reshape DeFi and exacerbate inequality, but mechanisms like airdrops could enable value redistribution, advising practitioners to allocate based on long-term conviction.

Altcoins' share of Binance trading volume has exceeded 50% for the first time, with liquidity flowing out of Bitcoin and Ethereum. The market is entering a consolidation phase, with capital rotating into more volatile altcoins. However, the overall structure remains fragile, and a breakout above key resistance levels is needed to confirm the trend.

Kelp DAO suffered a $292 million attack due to its cross-chain bridge's single-validator configuration, exposing structural risks in DeFi and triggering systemic contagion, with multiple lending platforms affected.

Bitcoin breaks through $78,000, the cryptocurrency market rises broadly, and the NFT sector shows strong performance for three consecutive days.

The Bitcoin futures basis has reached a four-month high, growing in tandem with open interest, indicating sustained inflows of new capital and leverage into the market, providing structural support for price recovery.

After breaking through a key resistance level, Bitcoin is approaching $80,000. Technical indicators show market sentiment has not turned bearish. If support holds, the upward trend may continue.

OSL Group has partnered with Circle to support USDC exchange and trading on its platform, and has incorporated it into the contract margin system, further expanding the application of stablecoins in the payment and trading fields.

AI lab NeoCognition raises $40 million, Tencent and Alibaba in talks to invest in DeepSeek. Coinbase moves New York lawsuit to federal court and launches tGBP conversion service. Cryptocurrency kidnapping case occurs in France, victim loses $820,000. Binance.US significantly lowers trading fees to attract users.

OSL collaborates with Circle to integrate USDC into its trading platform and payment services, aiming to enhance the liquidity and usage efficiency of the digital dollar in trading and payment contexts.

Cobie points out that the crypto industry exhibits a K-shaped polarization, with significant infrastructure progress but ordinary investors struggling to profit. He believes AI will reshape the DeFi landscape and alter the startup ecosystem, advising investors to decide whether to stay or leave based on their own convictions.

ViaBTC CEO Yang Haipo pointed out that blockchain is a hardcore libertarian experiment, which has validated freedom dividends such as censorship resistance, but also exposed costs like significant losses due to lack of regulation. He believes blockchain primarily meets niche demands such as circumventing capital controls, shakes the monopoly of financial intermediaries, and participants need to maintain independent thinking to cope with market risks.

Circle announced it will not issue a Korean Won stablecoin for now, instead focusing on building the underlying stablecoin infrastructure network for the Korean market. The core of its strategy involves collaborating with major local financial institutions to embed USDC services, aiming to become the underlying service provider connecting future multi-currency stablecoin systems.