As Bitcoin breaks $100,000, CZ reposted an old post from 2021 on X platform: If you sell BTC below $100,000, you should slap yourself.
Additionally, CZ had previously posted similar content in 2019: If you sell BTC below $10,000, you should slap yourself.
BTC broke $100,000, and OKX boss Xu Mingxing stated that Bitcoin officially surpassed the $100,000 mark on December 5, creating another milestone in the history of cryptocurrency, showcasing the power of vision and technology.
Holding Bitcoin is not a benefit for Bitcoin itself, but a benefit for the holders; stocks of companies listed in the US that hold BTC have all risen sharply as BTC surpassed $100,000.
Affected by the rise of Bitcoin, Hong Kong stocks related to cryptocurrency have strengthened.
On December 5, Boya Interactive rose over 15%; Langke Interactive rose over 9%; Meitu Inc. rose 3%, once rising over 9%.
Earlier overnight, US stocks related to cryptocurrency strengthened, with BitDigital rising over 13%.
MicroStrategy rose nearly 9%, Canaan Technology rose nearly 8%, Riot Platforms and Coinbase rose nearly 7%.
Every bull market is accompanied by a massive issuance of stablecoins, and this round is no exception.
The total market value of stablecoins has exceeded $200 billion, setting a new historical high, with Tether's USDT market value at approximately $135.77 billion.
According to IntoTheBlock's analysis on X platform, Tether has issued more than $13 billion of USDT since early November, marking the fastest issuance rate since 2021.
Most of us ordinary investors have entered a vicious cycle where we spend almost 100% of our energy on market prices, but the blockchain industry encompasses much more than just coin prices.
Tokens are just a part of the closed loop of the entire Web3 and blockchain; what supports tokens and prices are applications that bring higher efficiency to the real economy and our lives. Applications are the underlying assets of prices, just as a company's business and profits support its stock price.
Blockchain empowers the real economy, and a16z has listed key areas for the crypto industry in 2025, emphasizing that use cases for tokenization and the integration of artificial intelligence with blockchain technology are potential growth drivers.
According to a16z's report, applications based on artificial intelligence and operating on-chain are expected to bring at least three emerging trends to the entire industry.
Wallets driven by AI agents, decentralized autonomous chatbots, and identity verification solutions.
The company believes that decentralized chatbots can be used for social media content and asset management through trusted execution environments: 'By running a set of permissionless nodes and coordinating via consensus protocols, chatbots can even become the first truly autonomous billion-dollar entities.'
Another trend expected to emerge in 2025 is related to stablecoins. In recent months, the industry has established a market suitable for global remittances, with multiple companies and protocols launching new stablecoins pegged to the US dollar.
a16z predicts that starting from next year, 2025, stablecoins will gradually replace everyday credit card transactions.
Furthermore, with the maturation of infrastructure, it is expected that by 2025, more 'non-conventional assets' will be tokenized on-chain.
The report predicts that previously overlooked assets (such as biometric data) will generate new sources of income.
The report states: 'Individuals can tokenize their biometric data; then lease the information to companies through smart contracts.'
It also added that collecting medical data through decentralized scientific protocols has become possible, allowing users to profit from previously undeveloped resources.
On-chain trading of government bonds is another prospect for 2025 and beyond. Supported by institutional adoption of digital assets, the token market backed by government securities is expected to flourish starting in 2024.
Looking ahead, a16z expects that the government itself will explore the benefits of issuing debt on-chain, and the potential for blockchain innovation goes far beyond this.
We are returning to the price of coins.
In the short term, meme coins and other altcoins are being hyped, and prices are soaring, but can this hype be sustained? That's a question mark.
Public chain tokens are the truly valuable tokens, but value is often not synchronized with price in the short term; however, in the long run, it will definitely rise steadily and sustainably.
From observing the long-term price reactions, it can also be seen that these coins almost never trap investors and closely follow BTC's new highs.
Therefore, application-oriented leading public chains like ETH, SOL, TRX, and BNB are worth our long-term attention and allocation.
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