#美国加密资产监管# Reviewing the history of encryption regulation, it is not difficult to see that the United States has been progressing through exploration. This feedback from a16z on the draft reminds me of the regulatory actions following the 2017 ICO boom. At that time, the SEC was also formulating rules through exploration, which resulted in the failure of many projects. It now seems that overly rigid definitions could very well stifle innovation. The concept of "ancillary assets" indeed has issues, as it may place many valuable Token projects under inappropriate regulatory frameworks. Based on

#以太坊十周年纪念活动# Looking back on the ten-year journey of Ethereum, I can't help but feel a surge of emotions. From the initial starting point of $0.3 to now ranking as the 28th largest asset globally, this journey has been full of ups and downs. I have witnessed its transformation from concept to reality, from niche to mainstream.
The ICO of 2014 feels like just yesterday, when 31,000 Bitcoins seemed like an astronomical number, but in hindsight, it was a wise move. Who would have thought that in just ten years, the increase of Ethereum would reach an astonishing 12,580 times! The 200 times growth

#加密货币监管政策# Looking back, I have witnessed the ups and downs of crypto assets regulatory policies. The upcoming digital asset report to be released by the White House reminds me of the ICO frenzy in 2017. At that time, there was a lack of regulation, and the market was like a jungle growing wildly. Now the Trump administration seems to be setting new boundaries for this jungle.
The regulatory framework and national digital asset strategic reserves mentioned in the report all indicate that a more standardized crypto market is taking shape. In particular, the emphasis on stablecoins reminds me of

#香港稳定币监管# Looking back at the changes in the blockchain landscape over the years, I can't help but feel a lot. The recent introduction of stablecoin regulatory guidelines in Hong Kong is significant. Starting from August 1, 2025, the issuance of stablecoins will officially enter the licensed era. This reminds me of the chaotic state when Bitcoin first emerged, in stark contrast to the current situation where countries are introducing regulatory policies one after another.
The Hong Kong Monetary Authority's move is undoubtedly aimed at seeking a balance between protecting investors and promotin

#Binance Alpha项目启动# Reflecting on the past investment journey, I can't help but feel many emotions. Seeing ZOOZ Power, a U.S. stock company, announce a private sale of $180 million to promote a Bitcoin treasury reserve strategy reminds me of when Microstrategy first ventured into this field. At that time, the market was still in the late stages of a Bear Market, and many people were not optimistic, but Michael Saylor firmly believed that Bitcoin is digital gold.
More and more listed companies are beginning to pay attention to Bitcoin reserves, which is undoubtedly a positive signal. Although Z

#加密货币监管政策# Looking back at the development of Crypto Assets over the past few decades, regulatory policies have always been the sword of Damocles hanging over the industry. From initial indifference to suppression, and now to active embrace, the attitude of the U.S. government has undergone significant changes. The release of this White House report is undoubtedly an important milestone.
It not only affirms the value of digital assets and blockchain technology but also puts forward a series of specific policy recommendations. This reminds me of the regulatory storm after the 2017 ICO craze, wh

#美联储利率决策# Looking back at history, the Fed's interest rate decisions have always affected the nerves of the global financial markets. This decision reminds me of the situation in 1986, when Paul Volcker had just stepped down as the chairman of the Fed, and Alan Greenspan had just taken over. At that time, there was also similar economic uncertainty, but the decision-making process rarely had such clear divisions.
Recently, two board members voted against, arguing that the current monetary policy is too tight, which reflects a deepening concern about the economic outlook. This is the first occu

#Linea代币经济学# Looking back on the past, I can't help but feel a surge of emotions. The tokenomics plan of Linea has indeed stirred up many memories from my past. 85% is allocated to the ecosystem, with 10% going to early users and 75% gradually distributed through the fund, which somewhat resembles the distribution ratios of projects from 2017 and 2018. However, Linea has introduced a new twist this time, incorporating native ETH earnings, a Burn Mechanism at the protocol layer, and a deflationary design centered around ETH, which is quite innovative.
Looking closely, it seems that Linea aims t

#美国加密货币监管动向# Reflecting on the bull run of 2017, the SEC's attitude towards Crypto Assets was still one of strict resistance. Now, seeing the SEC release new ETP listing standards, one can't help but marvel at the significant shift in regulatory attitude. This new standard means that a large number of Crypto ETFs are expected to be approved, especially for coins traded on the Coinbase derivation platform for more than 6 months. Based on historical experience, the regulators prefer the "pure Spot" ETF model based on the Securities Act of 1933.
This change has a profound impact on the developmen

#企业采用加密货币趋势# Looking back at the development of Bitcoin, it truly is a world of change. Now seeing Strategy holding over 620,000 Bitcoins, with an overall average price of $73,000, and an unrealized profit of $28.1 billion, one can't help but feel emotional. Once upon a time, Bitcoin was merely a toy for a niche community; now it has become an important option for corporate asset allocation. This trend reminds me of 2014, when Overstock became the first large retailer to accept Bitcoin payments, causing quite a stir. Looking back now, that was just the beginning of corporate adoption of Crypto

#加密货币监管框架# Reflecting on the past, the evolution of the Crypto Assets regulatory framework has been quite tumultuous. From initially being overlooked to countries eagerly laying out plans, and now gradually becoming standardized, this journey has indeed been challenging. Germany's introduction of the first regulated Euro stablecoin, EURAU, is undoubtedly a milestone progress.
I remember during the ICO boom in 2017, regulation was almost non-existent. At that time, project teams could do as they pleased, while investors often suffered heavy losses. In contrast, the birth of EURAU is truly hard-

#加密市场行情分析# Looking back at this bull run, I witnessed three waves of large-scale profit-taking. The most recent wave at the end of July saw profits soar to $6-8 billion, comparable to the peaks in March and December this year. Interestingly, the market makers behind the sell-off above $120,000 were actually Newbies who had just gotten on board. This reminds me of the crazy wave at the end of 2017, where Newbies rushed to get on board, only to catch a falling knife at the highs.
What is even more surprising is that despite experiencing a $9.6 billion dumping by the "80,000 BTC ancient whales",

#以太坊生态系统发展# Looking back at the development history of the Ethereum ecosystem, the tokenomics plan announced by Linea this time is truly innovative. With a total supply of 72 billion, which corresponds to 1000 times the initial circulating supply of Ethereum, this figure reminds me of the scene during the Ethereum genesis in 2015. Who would have thought that just a few years later, the token supply of a Layer 2 project could reach such a scale?
Linea adopts a distribution model similar to Ethereum, with 85% allocated for ecosystem development and 15% for the ConsenSys treasury. This arrangemen

#美联储利率政策# Looking back at the economic cycles of the past few decades, the Fed's interest rate policy has always been the key that moves everything. Recently, I heard that traders expect at least one rate cut in 2025, which inevitably reminds me of the days after the 2008 financial crisis. At that time, in order to stimulate the economy, the Fed lowered interest rates to nearly zero, which was unprecedented.
At that time, many people thought that low Intrerest Rate meant economic recovery, but what happened? The real recovery did not come that quickly. Instead, asset prices surged due to low I

#全球加密货币监管发展# Looking back, I have witnessed the rise and fall of countless encryption projects, and now we are ushering in a new chapter of global regulation. The White House report is a milestone for the encryption industry. In the past few years, the regulatory attitude has fluctuated, leaving many projects in a gray area. And today, seeing the government finally embrace Decentralized Finance and financial innovation, I can't help but feel a surge of emotions.
This 166-page report mentions cryptocurrency 391 times and Bitcoin 130 times, highlighting its importance. Looking back at the chaos

#新代币空投活动# Looking back at these years of airdrop activities, I can't help but feel a surge of emotions. The points public beta airdrop of Gate Alpha reminds me of some early activities of projects back in the day. With no threshold and participation from everyone, this model can indeed quickly attract attention and expand the user base. However, having gone through many bull and bear markets, we all understand that relying solely on airdrops is not sustainable in the long run.
The key is still to look at the strength and development potential of the project itself. Gate, as an established exch

#加密货币ETF监管与发展# Looking back at the regulatory journey of Crypto Assets over the years, one can't help but feel a mix of emotions. From the repeated rejections of the Bitcoin ETF to the recent launch of the zero management fee SEI ETP in Europe, the regulatory attitude has indeed changed drastically. This time, the CSEI product launched by CoinShares on the Swiss securities trading platform not only waives management fees but also offers a 2% stake yield, which is truly a groundbreaking attempt.
It marks the beginning of regulators accepting more innovative Crypto Assets products and reflects t

#加密交易平台竞争与创新# Looking back at the trading platform wars 20 years ago feels like it was just yesterday. At that time, various platforms were fighting fiercely for Liquidity and users, with innovative gameplay emerging one after another. Now seeing Superp launch the NoLiquidation trading competition, one can't help but feel that history always repeats itself.
This non-clearing mechanism trading model can indeed attract many users to try it out, after all, who wouldn't want to experience the thrill of high leverage trading in a controlled risk environment? The test amount of 1000U is also very at

#美联储利率决议# Looking back at the past, this Fed interest rate decision is truly thought-provoking. It's the first time in over 30 years that two board members voted against it, which is quite rare. I have witnessed many significant moments over the years, but the disagreement this time is particularly striking.
Look at those two opponents, both appointed by Trump. They believe the current policy is too tight, which is quite an interesting viewpoint. It reminds me of some debates from the late 1980s, when there were also concerns that overly tight policies would stifle economic growth.
However, th