InfoFi Trinity "Mouth-Looting" Guide: Kaito, Cookie, and Galxe
Over the past week, the cryptocurrency market has been sluggish, but "mouth-looting" has gained attention as a new way to participate. This article focuses on the three major "mouth-looting" projects: Kaito, Cookie, and Galxe. In the past week, the market has been in a tug-of-war, with the overall cryptocurrency market falling into a slump. Both price performance and community discussion热度 have been as stagnant as a dead pool. However, in this silence, a new way of participation has increasin...
The Quiet End of an Era: How Wallets Lost the Battle for Traffic to CEXs
An era has quietly come to an end. Wallets, as standalone products, seem to have reached their twilight. Struggling with profitability, they are increasingly being acquired or integrated by centralized exchanges (CEXs) or traditional fintech giants, becoming mere components of larger ecosystems—such as stablecoin payments—rather than the focal point of industry development.The Decline of Standalone WalletsFor entrepreneurs in the space, persistence has become a virtue in itself. The goal? Sur...
Impact of SynFutures' Entry into AI Agents
From SynFutures to AI Agents: A New Era for DeFAI The product form of AI Agents is more suited to appear as embedded service middleware, which helps to bring the trading experience back to the simplicity and intuitiveness of Web2. The revival of the AI Agent track will not be driven by "CA engineers" who excel in performance, but by "product engineers" who focus on practical implementation. In the midst of a market sentiment storm caused by the collective failure of on-chain PVP leaders and t...
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The cryptocurrency policy proposals of US Senator Lummis and Trump have triggered drastic market fluctuations. Although there is a continuous stream of positive news, cryptocurrencies such as Bitcoin, as risky assets, are still primarily affected by macro - level upheavals. Whether Trump's policies are good or bad for the US and even the world economy, and whether the promises he made will actually be fulfilled one by one, remain to be seen.
On the evening of last Thursday, Hong Kong time, the cryptocurrency market experienced drastic fluctuations within a few hours. Mainstream currencies like Bitcoin and Ethereum witnessed sharp rises and falls within a few hours. The performance of altcoins was clearly differentiated. Some doubled in price in a short time and then had a slight correction, while others "followed the decline but not the rise" and hit a phased low.
The reason is that there have been frequent good news regarding the improvement of US cryptocurrency policies. However, the reason for such drastic fluctuations is that different people have different understandings of these news...
"Something Big is Coming! I'm Going to Be a Team Leader!"
The actions of US Senator Cynthia Lummis were undoubtedly one of the core driving forces behind last night's market. As the proposer of the Bitcoin national strategic reserve proposal, Lummis released a thought - provoking hint 15 minutes before the opening of the US stock market: "₿ig things are coming".
Many investors speculated that the Bitcoin strategic reserve proposal might be about to pass. After the opening of the US stock market, Bitcoin rose by more than 2.5% within 15 minutes. But later, this so - called "big thing" was just Lummis' confirmation of being elected as the chairperson of the US Senate Banking Digital Assets Sub - committee. The huge psychological gap caused Bitcoin to then fall by more than 3% within 15 minutes, presenting a "roller - coaster" market.
However, the decline of Bitcoin did not last. Perhaps after the high expectations were dashed, investors calmed down and believed that her election as chairperson was essentially beneficial for Bitcoin to become a national strategic reserve asset more quickly. Coupled with the statement she released later, Bitcoin once rose to nearly $107,000.
After that, as news of Trump's latest cryptocurrency executive order spread, Bitcoin rose three times in the short term. According to Fortune, Trump clearly supported the responsible growth of the cryptocurrency industry in the executive order, proposed to explore the establishment of a national digital asset reserve, simultaneously prohibited government agencies from issuing CBDC, and abolished SAB 121, which prevented institutions from holding cryptocurrencies. Although the introduction of this policy is generally positive, the uncertainty of its detailed implementation led to differences in market interpretation. Bitcoin failed to break through the previous high and then declined again, and it once hit around $102,000 in the early morning, almost giving back all the gains from the entire farce.
According to Coinglass data, after just a few hours of "jumping up and down", although the price change of Bitcoin was not significant, the value of open interest in the contract market decreased quite significantly. Many investors were once again ruthlessly knocked out by the market.
Which Way Will Bitcoin Go Next?
After the drastic fluctuations on Thursday, during the US market time on Friday, Bitcoin rose again but quickly fell back after touching $107,000 again. During the weekend, it fluctuated slightly around $104,000 - $105,000.
There is no doubt that after Trump officially takes office, the Web3 industry will receive unprecedented policy support, which is a fact that helps boost prices from any perspective. However, considering that in the past week, there have been frequent positive news, but the price has been blocked several times near $107,000. Investors have reasons to guard against the risk of a short - term correction.
In the past two or three months, the price range of Bitcoin has always been maintained between $90,000 and $110,000. The market may need new reasons to finally choose a direction. The author needs to remind that although Trump's taking office will be beneficial to the Web3 industry, cryptocurrencies such as Bitcoin, as risky assets, are still primarily affected by macro - level upheavals. Whether Trump's policies are good or bad for the US and even the world economy, and whether the promises he made will actually be fulfilled one by one, remain to be seen.
Before expecting Bitcoin to continue to reach $110,000, $120,000, or even $150,000, we also need to guard against extreme situations similar to the "May 19" incident in 2021. At the end of 2021, Bitcoin was still nearly 10% higher than the high point in March of that year, but it still did not prevent a drastic price drop in the middle, with the price being halved
The cryptocurrency policy proposals of US Senator Lummis and Trump have triggered drastic market fluctuations. Although there is a continuous stream of positive news, cryptocurrencies such as Bitcoin, as risky assets, are still primarily affected by macro - level upheavals. Whether Trump's policies are good or bad for the US and even the world economy, and whether the promises he made will actually be fulfilled one by one, remain to be seen.
On the evening of last Thursday, Hong Kong time, the cryptocurrency market experienced drastic fluctuations within a few hours. Mainstream currencies like Bitcoin and Ethereum witnessed sharp rises and falls within a few hours. The performance of altcoins was clearly differentiated. Some doubled in price in a short time and then had a slight correction, while others "followed the decline but not the rise" and hit a phased low.
The reason is that there have been frequent good news regarding the improvement of US cryptocurrency policies. However, the reason for such drastic fluctuations is that different people have different understandings of these news...
"Something Big is Coming! I'm Going to Be a Team Leader!"
The actions of US Senator Cynthia Lummis were undoubtedly one of the core driving forces behind last night's market. As the proposer of the Bitcoin national strategic reserve proposal, Lummis released a thought - provoking hint 15 minutes before the opening of the US stock market: "₿ig things are coming".
Many investors speculated that the Bitcoin strategic reserve proposal might be about to pass. After the opening of the US stock market, Bitcoin rose by more than 2.5% within 15 minutes. But later, this so - called "big thing" was just Lummis' confirmation of being elected as the chairperson of the US Senate Banking Digital Assets Sub - committee. The huge psychological gap caused Bitcoin to then fall by more than 3% within 15 minutes, presenting a "roller - coaster" market.
However, the decline of Bitcoin did not last. Perhaps after the high expectations were dashed, investors calmed down and believed that her election as chairperson was essentially beneficial for Bitcoin to become a national strategic reserve asset more quickly. Coupled with the statement she released later, Bitcoin once rose to nearly $107,000.
After that, as news of Trump's latest cryptocurrency executive order spread, Bitcoin rose three times in the short term. According to Fortune, Trump clearly supported the responsible growth of the cryptocurrency industry in the executive order, proposed to explore the establishment of a national digital asset reserve, simultaneously prohibited government agencies from issuing CBDC, and abolished SAB 121, which prevented institutions from holding cryptocurrencies. Although the introduction of this policy is generally positive, the uncertainty of its detailed implementation led to differences in market interpretation. Bitcoin failed to break through the previous high and then declined again, and it once hit around $102,000 in the early morning, almost giving back all the gains from the entire farce.
According to Coinglass data, after just a few hours of "jumping up and down", although the price change of Bitcoin was not significant, the value of open interest in the contract market decreased quite significantly. Many investors were once again ruthlessly knocked out by the market.
Which Way Will Bitcoin Go Next?
After the drastic fluctuations on Thursday, during the US market time on Friday, Bitcoin rose again but quickly fell back after touching $107,000 again. During the weekend, it fluctuated slightly around $104,000 - $105,000.
There is no doubt that after Trump officially takes office, the Web3 industry will receive unprecedented policy support, which is a fact that helps boost prices from any perspective. However, considering that in the past week, there have been frequent positive news, but the price has been blocked several times near $107,000. Investors have reasons to guard against the risk of a short - term correction.
In the past two or three months, the price range of Bitcoin has always been maintained between $90,000 and $110,000. The market may need new reasons to finally choose a direction. The author needs to remind that although Trump's taking office will be beneficial to the Web3 industry, cryptocurrencies such as Bitcoin, as risky assets, are still primarily affected by macro - level upheavals. Whether Trump's policies are good or bad for the US and even the world economy, and whether the promises he made will actually be fulfilled one by one, remain to be seen.
Before expecting Bitcoin to continue to reach $110,000, $120,000, or even $150,000, we also need to guard against extreme situations similar to the "May 19" incident in 2021. At the end of 2021, Bitcoin was still nearly 10% higher than the high point in March of that year, but it still did not prevent a drastic price drop in the middle, with the price being halved
InfoFi Trinity "Mouth-Looting" Guide: Kaito, Cookie, and Galxe
Over the past week, the cryptocurrency market has been sluggish, but "mouth-looting" has gained attention as a new way to participate. This article focuses on the three major "mouth-looting" projects: Kaito, Cookie, and Galxe. In the past week, the market has been in a tug-of-war, with the overall cryptocurrency market falling into a slump. Both price performance and community discussion热度 have been as stagnant as a dead pool. However, in this silence, a new way of participation has increasin...
The Quiet End of an Era: How Wallets Lost the Battle for Traffic to CEXs
An era has quietly come to an end. Wallets, as standalone products, seem to have reached their twilight. Struggling with profitability, they are increasingly being acquired or integrated by centralized exchanges (CEXs) or traditional fintech giants, becoming mere components of larger ecosystems—such as stablecoin payments—rather than the focal point of industry development.The Decline of Standalone WalletsFor entrepreneurs in the space, persistence has become a virtue in itself. The goal? Sur...
Impact of SynFutures' Entry into AI Agents
From SynFutures to AI Agents: A New Era for DeFAI The product form of AI Agents is more suited to appear as embedded service middleware, which helps to bring the trading experience back to the simplicity and intuitiveness of Web2. The revival of the AI Agent track will not be driven by "CA engineers" who excel in performance, but by "product engineers" who focus on practical implementation. In the midst of a market sentiment storm caused by the collective failure of on-chain PVP leaders and t...
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