Where did the German government get these 50,000 bitcoins? Many people ask

Answer: The German government accidentally seized them from the former operator of the pirated movie website movie2k in January 2024. It operated between 2008 and 2013. The website was closed in 2013. The website did not directly receive bitcoins, but invested its profits in bitcoins very early (about tens to more than 100 US dollars per bitcoin in 2013). #德国政府转移比特币

The Hong Kong Monetary Authority's "Sandbox" has set sail: JD.com, Yuanbi, and Standard Chartered lead a new era of stablecoins, and a storm of financial innovation is coming! The Hong Kong Monetary Authority (HKMA) has announced that JD.com CoinChain Technology, Yuanbi Innovation Technology, and Standard Chartered Bank (Hong Kong) have joined hands to become the first batch of stablecoin "Sandbox" pilots! This milestone event marks that Hong Kong has officially entered a new stage of development in the stablecoin ecosystem, and a storm of financial innovation is about to sweep in. The three giants not only demonstrated their firm determination and careful plans to deepen their stablecoin business in Hong Kong, but also explored frontier fields such as payment, supply chain management, capital markets, and even Web3, games, and virtual asset transactions, opening up unlimited possibilities. Stablecoins, the "new favorite of transactions" in the digital age, will shine in Hong Kong's financial fertile soil, reduce costs, speed up transactions, and lead the trend of intelligent and automated financial services with their programmable characteristics. However, the road to innovation also needs to be cautious. HKMA is on high alert, keeping a close eye on business operations and technological risks, ensuring that participating institutions strictly comply with regulatory requirements, ensure the safety of funds, and combat money laundering. Citizens should also be alert. Any fundraising or promotion of stablecoins in the name of "sandbox" is a scam. Do not be fooled. Strategy Understanding--Research Institute--972331171
The launch of the Hong Kong Stablecoin "Sandbox" experiment is not only a major breakthrough in financial technology, but also a powerful demonstration of Hong Kong's status as an international financial center. In the future, Hong Kong may lead the global stablecoin development trend and open a new chapter in finance! #以太坊ETF批准预期 #美国大选如何影响加密产业？ #山寨季何时到来？ #美联储何时降息？ #德国政府转移比特币 $BOND $BETA $TIA

Putin rarely speaks: issued a heavy warning on Bitcoin, energy crisis and financial stability become the focus
Recently, Russian President Putin issued a rare heavy warning on Bitcoin and the cryptocurrency mining activities behind it in a public occasion. This move not only attracted widespread attention from the global financial market, but also once again pushed Bitcoin and other cryptocurrencies to the forefront of public opinion.
Putin pointed out that the uncontrolled growth of Bitcoin mining in Russia has caused serious energy problems, especially in areas with frequent power shortages such as Irkutsk, Buryatia and Trans-Baikal Territory. He emphasized that these mining activities consume a large amount of electricity resources, accounting for 1.5% of the country's total electricity consumption, or up to 16 billion kilowatt-hours per year. If not restricted, this unrestrained mining expansion may cause the regional power system to reach its limit, seriously affecting the normal operation of enterprises, residences and public service systems.
Putin's warning not only reflects the Russian government's deep concern about the energy crisis that may be brought about by cryptocurrency mining activities, but also reveals its emphasis on financial stability and national security. He called for strengthening the supervision of cryptocurrencies such as Bitcoin to prevent them from becoming tools for money laundering, tax evasion and even financing terrorist activities. Strategy Understanding--Research Institute--972331171
In addition, Putin also took the opportunity to promote Russia's digital ruble plan, namely the central bank digital currency (CBDC). He emphasized that the digital ruble has achieved remarkable results in the testing phase, completing a large number of goods and services payments and transfer transactions, demonstrating its strong performance and practicality. He believes that the digital ruble is expected to become an important part of Russia's economic modernization plan and reduce its dependence on Western financial institutions. #以太坊ETF批准预期 #美国大选如何影响加密产业？ #山寨季何时到来？ #币安7周年 #美联储何时降息？ $STRAX $1000SATS $WIF

"The market changes suddenly! The US dollar index plunged, gold soared, and Bitcoin broke through the $65,000 mark"
The financial market was turbulent on Wednesday. The US dollar index plummeted to 104.21 overnight, while gold surged to $2,468. The "horrible data" of US economic data, retail sales exceeded expectations, but the Fed's dovish signal suddenly emerged, suggesting that a rate cut may be implemented. At the same time, the Bitcoin market also staged a miracle, ignoring the second round of selling on Mt.Gox, and strongly broke through $65,000. A huge inflow of Wall Street spot ETFs Strategy Understanding--Research Institute--972331171, the confidence in the crypto market has increased greatly. The debt repayment action of Mt.Gox, the former largest exchange, continues, and the second round of repayment is progressing smoothly, and the market is making waves again!
#山寨季何时到来？ #美国大选如何影响加密产业？ #以太坊ETF批准预期 #币安7周年 #美联储何时降息？ $1000SATS $ALICE $DAR

Focus!!! Bitcoin investment boom is back, with $1.35 billion in net inflows in three weeks

According to the latest data from CoinShares Ltd., Bitcoin investment products have continued to attract inflows of $1.35 billion in the past three weeks, the best performance since early June. Although Bitcoin prices fell below $54,000 this week, investors saw it as a good buying opportunity and took advantage of the price correction to actively deploy.
The inflows were mainly concentrated in BlackRock and Fidelity's Bitcoin funds, which attracted $522 million and $358 million respectively, showing strong interest from institutional investors. However, Grayscale Funds faced outflow pressure, with a net outflow of $35 million last week.
Alternative cryptocurrencies such as Ethereum also ushered in a climax of capital inflows, with Ethereum products inflows exceeding $72 million, a record high since March, and the market expects the approval of Ethereum spot ETFs. Products such as Solana, Litecoin and XRP have also received varying degrees of capital favor. Strategy Understanding--Research Institute--972331171
This wave of capital inflows not only marks the recovery of cryptocurrency market sentiment, but also reflects investors' recognition of the long-term value of crypto assets. Although the market still faces many uncertainties, investors' interest and confidence in cryptocurrencies are gradually recovering, laying a solid foundation for the future development of the market. #美国大选如何影响加密产业？ #美国6月CPI大幅降温 #币安7周年 #美联储何时降息？ #德国政府转移比特币 $POLS $1000SATS $PEPE

Major benefits! Asia Pacific News: JP Morgan predicts Bitcoin will rebound in August, and market net inflow expectations are lowered

JPMorgan Chase’s latest research report optimistically predicts that Bitcoin is expected to rebound in August, and the current market liquidation activities are expected to be settled by the end of July. This positive outlook was endorsed by well-known financial writer Robert Kiyosaki, who called on investors to seize the increasing trend of Wall Street and increase their allocation of gold and Bitcoin.

However, based on the recent significant decline in Bitcoin exchange reserves, JPMorgan Chase has adjusted its year-to-date net inflow forecast for the crypto market, lowering it from the original estimate of $12 billion to $8 billion. The analysis pointed out that the reduction in reserves may be attributed to the dynamics of the Gemini exchange, the creditor liquidation actions after the bankruptcy of Mt. Gox, and the Bitcoin sell-off at the German government level. Strategic understanding--Institute--972331171

The analysis team led by Nikolaos Panigirtzoglou stressed in the report that the downward revision of the net flow forecast mainly reflects the sharp reduction in Bitcoin reserves, and reserved its initial expectations of achieving a net inflow of $12 billion for the full year. They believe that the mining cost of Bitcoin is still high compared to the price of gold, which is an important factor affecting the flow of market funds.

Despite this, the core view of the report remains optimistic, believing that with the end of the liquidation wave, the cryptocurrency market is expected to usher in new growth points, and August may become the starting point of recovery. #美国6月CPI大幅降温 #美联储何时降息？ #美国大选如何影响加密产业？ #德国政府转移比特币 #BTC下跌分析 $ZEN $SC $MDX

The US SEC finally let Paxos go, has BUSD become a victim of the policy struggle?
On July 11, Eastern Time, after a year-long in-depth investigation, the US Securities and Exchange Commission (SEC) officially announced the end of its regulatory review of Paxos Trust Company and its Binance USD (BUSD) stablecoin. This decision was communicated to Paxos through a formal termination notice, clearly stating that the SEC would not recommend any enforcement measures against the company. This news undoubtedly brought a shot in the arm to Paxos, marking a major victory for the company in handling complex legal matters related to the BUSD stablecoin, and also injected a positive signal into the compliance process of the entire cryptocurrency industry. Strategy Understanding--Research Institute--236823929#BTC下跌分析 #美国6月CPI大幅降温 #美联储何时降息？ #美国大选如何影响加密产业？ #德国政府转移比特币 $ZRO $LISTA $ZK

The homeless people at the bottom of Hong Kong, the gangsters in Mexico, the richest man in the world, Buffett, and the most powerful man in the United States, Trump.

They all seem to like the same things: Coke and McDonald's. The magical power of leveling classes and making all beings equal. #美国大选如何影响加密产业？

For VC-oriented projects, the lead investor represents almost everything.

In order to obtain investment from the top US VC Polychain, Eclipse Labs actually gave Polychain partner Niraj Pant a 5% token! Later, after the valuation reached 1 billion US dollars, the 5% was reduced to 1.33%. I am not familiar with the VC circle, but I have heard too many similar rumors about many projects.
#BTC下跌分析

Caixin disclosed another case of kidnapping Chinese in the Philippines. It was the same pattern. The Chinese kidnappers got acquainted with the victims, invited them to the Philippines for inspection, demanded USDT ransom, and killed the hostages immediately after receiving the money. It has been half a year, and the Philippines, China, Austria, and Germany have jointly investigated, but there has been no progress.

Golem Network raised 820,000 ETH in ICO in 2016. Recently, 36,000 ETH were transferred to different exchanges, and 231,400 ETH are left. The response was that it was to be pledged (no one would believe it).

Recalling 2016-2017, a large number of ICOs raised tens of thousands of BTC and hundreds of thousands of ETH. Some projects, the most famous of which is EOS, have retained BTC until now, which is great. Golem is also one of them.
More project parties are constantly selling coins to support the team, especially in the bear market in 2018, when the value of ETH shrank significantly. U Benben originally raised 10 million and turned it into several million, but it was sold out and the team was disbanded.

The most ruthless one is Brother Sun. It is rumored that he directly sold the TRX issued in exchange for ETH, so he currently holds a large amount of ETH. $ETH

As long as the profit of any business is high enough, there will be a constant stream of competitors, and the ways to set monopoly barriers include:
1 Intellectual property rights are mostly traditional technology industries
2 Brands are mostly design industries
3 Increase migration costs For example, social media WeChat and Twitter are difficult to migrate away from the original network

I remember a story I read when I was a child, saying that many people have the fantasy of opening a coffee shop, and the worst ending of opening a coffee shop is that not long after it is opened, a Starbucks appears next to it. #