1. Which Giants Are Hoarding Coins at BTC's New High? How Do Institutions View the Current Crypto Market?
In May, influenced by factors such as the relaxation of Trump's tariff policy, improved stablecoin regulatory policies in Hong Kong and the US, and the triple impact on US stocks, bonds, and exchange rates, BTC set a new record by breaking through $110,000. Many investors hesitate at the new high, but many institutions remain enthusiastic about buying.Click to Read
2. Strategy Full Analysis: Premium, Leverage, and Capital Structure
Strategy (MSTR) accounts for nearly one-third of the pure equity/crypto market's total market value and 10% of the Market Vector Global Digital Asset Stock Index (MVDAPP). Therefore, for investment managers aiming to transform digital assets into excess returns, incorporating it into the portfolio is a key consideration.Click to Read
3. Ethena's Moat
Ever tried eating instant noodles on a roller coaster? It sounds absurd, but it's the best metaphor for Ethena Labs' daily performance—this team of just 26 people firmly maintains the $1 anchoring of the $5 billion market value stablecoin USDe amid continuous crypto market volatility. This article will reveal Ethena's moat, analyze its hard-to-replicate core mechanism, and explain its strategic path to pushing USDe's circulation beyond $25 billion.Click to Read
4. Four-Year Cycle Broken: How to Invest in Cryptocurrencies in the New Normal?
The "four-year cycle" theory is completely outdated! If you're still holding on to getting rich quickly and fantasizing about "lying down and winning opportunities of ten or hundred times in a bull market," you may have been completely abandoned by the market. Why?Click to Read
5. Bitcoin Market Cap Ratio and Altcoin Season: Understanding Market Changes
Bitcoin market cap ratio is an indicator measuring Bitcoin's share in the entire cryptocurrency market. Simply put, it represents the percentage of Bitcoin's market value in the total market value of all crypto assets. For example, if the total market value of the entire crypto market is $1 trillion, and Bitcoin's market value is $600 billion, then Bitcoin's market cap ratio would be 60%. This ratio can be understood as Bitcoin's "market share" in the entire crypto market.Click to Read
