1. Pump.fun closes Pandora's box: Profit-seeking leads to bottomless live streaming
On November 26, in response to recent feedback from the crypto community regarding sensitive and illegal content in Pump.fun's live broadcasts, such as violence, drug use, and pornography, the platform finally announced it would indefinitely suspend real-time streaming functions on its website until the review infrastructure is fully prepared. Click to read
2. A list of publicly listed companies holding cryptocurrencies: Entrepreneurial spirit surpasses government for 15 years
As of now, publicly listed companies hold over 500,000 bitcoins, worth approximately $48 billion, accounting for 2.422% of the total bitcoin supply. Institutional investors' acceptance of bitcoin has significantly increased. By incorporating bitcoin into their balance sheets, these companies have not only promoted the legitimacy and market recognition of bitcoin but also provided momentum for further development of its ecosystem. The behavior of companies holding bitcoin has also brought a certain degree of market stability, laying the foundation for the long-term growth of bitcoin's value. However, the financial health of these companies is closely related to bitcoin price fluctuations, facing potential market risks. Click to read
3. Exposing Trump's 2.0 cabinet members: More than 5 are 'crypto traders'
Only two weeks have passed since Trump's election, and his 2.0 cabinet has already been fully nominated. Among its members are not only bitcoin believers but also supporters of altcoins and Dogecoin. This article will give you a quick overview of Trump's 2.0 team and their stance on cryptocurrencies. Click to read
4. In-depth analysis of MicroStrategy's opportunities and risks - Davis double click and double kill
Last week we discussed Lido's potential benefits from changes in the regulatory environment, hoping to help everyone seize this Buy the rumor trading opportunity. This week there is a very interesting topic, which is the heat of MicroStrategy. Many seniors have commented on this company's operating model. After digesting and researching, I have some personal views to share with you. I believe the reason for MicroStrategy's stock price rise is due to the 'Davis double click,' which links BTC appreciation with company profits through financing to purchase BTC. By innovatively designing financing channels combined with traditional financial markets, the company has gained leverage, enabling it to exceed the profit growth from its own BTC appreciation. As the holdings expand, the company gains a certain pricing power over BTC, further strengthening profit growth expectations. However, the risk lies here; when BTC prices fluctuate or reverse, profit growth from BTC will stagnate. Additionally, due to operational expenses and debt pressure, MicroStrategy's financing ability will significantly decrease, thus affecting profit growth expectations. Unless there is new support to further boost BTC prices, the relative premium of MSTR stock price over BTC holdings will quickly converge, a process known as 'Davis double kill.' Click to read
5. Does DeSci need Meme coin?
Does DeSci need MeMe coin? Does MeMe coin need DeSci? Can DeSci really become a disruptive innovation like DeFi? During this time, lurking in the unconscious abyss of PVP on-chain, I have observed the narrative of DeSci in the phenomenon realm for quite some time. Click to read