Ethereum (ETH) Brief History
Origin:
In 2013, a young man named Vitalik Buterin (V God) felt that Bitcoin was only capable of transferring funds and was too limited in functionality. He wanted to create a "programmable" blockchain platform that would allow developers to freely build applications on top of it (such as decentralized finance, gaming, etc.). In 2015, Ethereum officially launched, and ETH became its native cryptocurrency, used to pay transaction fees and incentivize the network.
Development Timeline:
1. Early Stage (2015-2017): Focused on "smart contracts" (automatically executing

Bitcoin, it’s like a script for a “mysterious geek’s revenge on the world.”
Rewind to the 2008 financial crisis. At that time, everyone was full of distrust towards banks and centralized financial systems. Then, a mysterious figure (no one still knows who it is) named “Satoshi Nakamoto” published a paper proposing an idea: “Can we create electronic cash that doesn’t rely on banks or governments, but operates entirely on peer-to-peer networks and cryptography?”
In January 2009, the Bitcoin network quietly went live. The first version of the software and the first block (the Genesis Block) conta

River data shows that 14 out of the top 25 banks in the United States are building Bitcoin-related products for their clients.

Some brothers still ask why only look at the downside. At least look at the weekly chart. Since the high point of 126,000, it has been two months, with 8 out of 10 weekly candles showing decline.
It's a vertical drop, more brutal than in 2018 and 2022. This can only be the result of large funds consistently dumping, crushing all the bagholders.
This level of force indicates continuous massive sell-offs, and they are actively manipulating and smashing the market, not just holders of coins. This conflicts with the current narrative of everything going on-chain and the struggle for Bitcoin contro

In the context of tightening global capital, increased regulatory controls; under the scenario where the US stock market hijacks all funds; with the urgent need for the US to expand its sources of capital; and against the backdrop of the narrative of everything going on-chain;
The United States must control the narrative power of BTC and inevitably compete for all possible chips.
Therefore, it can be expected that BTC will be artificially inflated and then deliberately suppressed, boosting its reputation while weakening its price, using it as a gateway for global funds, and diminishing its pro

Bitcoin, -3.6% year-to-date. In past years, Bitcoin's fluctuations were either skyrocket or crash, rarely with single-digit percentage changes. It is believed that mainstream funds entering through ETFs have somewhat altered the cycle. This year's performance is nothing to say about, it has already peaked. Next year, it is very likely to continue upward. $BTC

Gold, with a 55% increase this year, marks the fourth year of a continuous bull market. It needs no extra salt; it is the best asset that ordinary Chinese people can legally and compliantly purchase, hands down. Some of the major rules and backgrounds of this world have been shifting in recent years. Buying gold is an option for ordinary people to hedge against future uncertainties. In fact, not only ordinary people, but sometimes national institutions think this way too. It’s truly solid, deserving of its reputation.

Let's talk about the opportunities for布局in the next bull market
First: BTC
No need to explain, regardless of cycle or stage, it is the most worth holding as a long-term underlying asset.
Second: ETH
Ethereum is worth accumulating for the next bull market
My personal judgment is that in this bear market, it’s highly likely to see around 1000 again, which is a very comfortable bottom zone. However, I will start dollar-cost averaging around 2000.
ETH performance this cycle is not great, mainly because the previous rally was too fierce, overextending many expectations early. So, many are now not o

The Chicago Board Options Exchange (CBOE) has approved and registered the listing of the 21Shares XRP Exchange-Traded Fund (ETF).

FOMC Statement:
Statement overview: The committee lowered the interest rate by 25 basis points to 3.50%-3.75%, marking the third consecutive meeting of rate cuts. Milan supports a 50 basis point cut, while Goolsbee and Schmitt support keeping rates unchanged.
Interest rate outlook: Will consider further adjustments to the magnitude and timing of rate changes. The dot plot remains exactly the same as in September, with expectations of one rate cut each in the next two years.
Inflation outlook: Inflation has risen somewhat since the beginning of the year, remaining at relatively high levels, con

Powell Press Conference:
Interest Rate Outlook: We can wait and see how the economy develops. Currently, we are at the upper end of the neutral range. There is no one currently considering a rate hike as the baseline expectation. Long-term interest rates may rise due to expectations of faster economic growth.
Inflation Outlook: Inflation risks are skewed to the upside. Peak inflation could be a few percentage points above or below the current level. The current inflation overshoot is mainly due to tariffs. If tariffs are removed, inflation will be at the lower end of the 2% range. The impact o

The cryptocurrency market today mainly shows a general upward trend.
· Bitcoin: Prices surged amid intense volatility, briefly surpassing the $94,000 mark during the day before slightly pulling back. In the past 24 hours, the total liquidation amount across the network was approximately $423 million.
· Ethereum: Performed strongly, with prices rising and regaining the $3,300 level, reaching a near one-month high.
Regulatory news from China and the US has had differing impacts on the market:
China: Regulatory authorities reiterated warnings about risks
The People's Bank of China, along with 13

1. Zcash actually has two types of addresses: one starting with z for strong privacy addresses (like wearing an invisibility cloak), and one starting with t for transparent addresses (everyone can see the transactions). It doesn't default to full privacy; instead, it lets users choose.
2. Currently, most people use transparent addresses: because most exchanges and platforms, to comply with regulations and avoid trouble, default to giving users t addresses. Very few actually need strong privacy.
3. Compared to Monero, Zcash is a bit "nicer": Monero defaults to full privacy for everyone, very ha

Even if the Federal Reserve cuts interest rates, it will be difficult for the cryptocurrency market to sustain an upward trend because there is a lack of retail investors entering the market.
1. There are very few "retail investors" (ordinary investors) in the market right now.
Take the Korean market as an example—retail investors used to be extremely active in crypto trading there, with daily trading volumes reaching tens of billions of dollars, but now it's only about $1 billion a day. This shows that the truly active money that chases highs and drives market excitement hasn't returned.
2

Cryptocurrency Is Worth Betting on in the Future
The Chair of the US SEC has spoken, predicting that within two years, the entire US financial market will move on-chain. While this statement is a bit exaggerated—even as an industry insider, I don't quite believe it will happen completely within two years, given that the scale of the entire US financial market is dozens of times larger than the crypto market—it's true that shifting financial asset trading on-chain is a transformation currently underway. This is exactly what's happening with the expanding market for RWA (Real World Asset) transa

Why isn’t virtual currency allowed in China?
Illegal cryptocurrencies have already, to some extent, perfectly circumvented foreign exchange controls. If cryptocurrencies were legalized, it could even render the Golden Tax Phase IV system obsolete.
For example, if you sell an apartment in a first-tier city and receive 5 million RMB in cash, and you want to exchange that for 700,000 USD to transfer abroad:
The bank’s foreign exchange purchase limit is $50,000, and the remittance limit is also $50,000—a double safeguard—so it would take 14 years to complete the transfer.
If you use someone else’s

What exactly is ETH for?
1. The world's decentralized "world computer"
The core value of ETH is serving as a decentralized operating system.
It is: a public platform capable of running smart contracts.
Whether it's DeFi lending, NFT trading, or running blockchain games, all application logic must operate, be validated, and settled on ETH, this "world computer."
As long as human society continues to have needs for "decentralized, transparent, and tamper-proof" applications, the foundational value of ETH will always exist.
2. The "fuel" for network operation
ETH tokens are the sole fuel (Gas) fo

The decentralized machine learning network Bittensor is expected to undergo its first token halving event around December 14. At that time, the daily issuance of its native token TAO will be halved from the current 7,200 to 3,600.
Bittensor is a decentralized, open-source machine learning network built around specialized “subnets,” creating a marketplace for AI services through incentive mechanisms. Grayscale Research analyst William Ogden Moore described this event as “a key milestone in the network’s path to maturity,” as Bittensor moves toward its 21 million token supply cap, adopting a fix