狂人

Bitcoin has stabilized above 110,000. After a wave of selling pressure, it has steadied. Regardless of whether it can continue to rise, as long as it remains stable, altcoins will have a chance. Forget it, first look for the top gainers with low market cap and buy 10 at a low point. Set the stop loss at today's starting point for the rise, and the take profit has basically doubled potential, with an appropriate risk-reward ratio.

It will be laughed at by the $SUI chain, it's already 2025, how can there still be DeFi that can be hacked? It seems that saving money still has to be done on EVM chains, at least they have been validated by time, even if it's forked code, such a foolish situation won't occur.

This Pizza Festival is quite meaningful, on the road to innovation, although I couldn't taste it in person, I believe the company colleagues must be happy and joyful~ Thank you #BinancePizza #Binance @yayabinance

US stock institutions are running, hedge funds are shorting, only retail investors are rushing in with their tools, retail inflows reached a new high this week. Looking at this trend, Bitcoin also seems to have an accelerating upward trend. It just touched 110,000, and the selling pressure is quite significant. Looking forward to FOMO, looking forward to craziness. If it breaks 120,000 quickly in the next couple of days, I will run!

Bitcoin reached a historic high today, no one is at fault, but the trend after this new high is really not satisfactory. There isn’t a strong feeling about the trend, and short-term correction expectations have increased. However, in the long run, once the US dollar stablecoin bill is passed, the reservoir for cryptocurrencies will greatly increase. To better digest US Treasury bonds, raising Bitcoin to strengthen the stablecoin pool will allow a large absorption of US Treasury bonds. In the future, transactions involving digital dollars buying stocks, houses, gold, and foreign currencies should soon be available, and the moment that truly connects the world will become Bitcoin's highlight moment. Satoshi Nakamoto invented Bitcoin to resist US inflation, but unexpectedly, the US took the lead in utilizing it, fueling inflation. It can be said that the outcome was predicted, but the process turned out to be completely opposite.

Recently, the United States passed the Stablecoin Act (GENIUS Act), which brings significant regulatory framework to the cryptocurrency industry. It clarifies the legal status of stablecoins, defining them as payment tools rather than securities, thereby limiting the possibility for the SEC and federal banking agencies to classify them as securities products. This promotes the widespread use of stablecoins in the financial system.

ENA (Ethena), as an innovative project in the field of stablecoins, aligns with the passing of the U.S. Stablecoin Act in several ways, and its products USDe and USDtb are expected to gain significant development opportunities in this new regulatory environment.

Filling the compliance stablecoin yield gap, USDe becomes a potential beneficiary
After the passing of the Stablecoin Act, the market is expected to experience massive growth, but traditional compliant stablecoins (such as USDT, USDC) typically reserve low-risk assets (like bank deposits or short-term government bonds) and cannot directly provide yields to holders. In contrast, ENA's USDe generates yields through Ethereum staking and derivatives markets, providing users with a stable source of passive income. The current price of Ethena Staked USDe (sUSDe) is $1.17, with a 24-hour trading volume of $11.4 million, indicating market interest. USDe utilizes the "Internet Bond" mechanism, achieving yields through Ethereum staking and hedging strategies, filling the gap left by compliant stablecoins that cannot generate income. With the act's promotion, the demand for stablecoins in the market will further increase, and the yield attribute of USDe makes it likely to attract more users seeking stable income, positioning it as a potential beneficiary in this wave of growth.

Decentralization and compliance running in parallel, ENA's dual advantages
The Stablecoin Act emphasizes the importance of cybersecurity and decentralized mechanisms, requiring issuers to take measures to protect user assets from hacker attacks. ENA's USDe operates on Ethereum, utilizing ZK-Rollup and decentralized oracle networks to ensure transaction efficiency and data transparency. This decentralized architecture aligns highly with the act's requirements for security and transparency. At the same time, ENA demonstrates its capability in the compliance sector through USDtb. The parallel development of USDe and USDtb enables ENA to find a balance between decentralized finance (DeFi) and traditional finance (TradFi), allowing it to carve out a niche in the market growth driven by the act.

The passing of the U.S. Stablecoin Act (GENIUS Act) brings a clear regulatory framework and growth opportunities to the stablecoin market, and ENA, with the yield characteristics of USDe and the compliance advantages of USDtb, aligns closely with the regulatory trends of the act. USDe fills the gap of compliant stablecoins that cannot generate income, while USDtb meets the act's requirements for transparency and security. ENA's dual approach enables it to find a balance between decentralization and compliance, positioning it as a significant beneficiary in the market growth propelled by the act.

Binance Alpha #Binance has launched Merlin Chain (MERL).

As a leading global cryptocurrency trading platform, Binance's launch of the Alpha section brings significant exposure opportunities for Merlin Chain. Through the airdrop activity of Binance Alpha (eligible users holding 193 Alpha points can claim 1000 MERL tokens), Merlin Chain can quickly attract more users to participate and expand its community scale. According to Binance's announcement, the activity starts on May 20, 2025, at 9:00 UTC, and users must confirm their claim within 24 hours, otherwise it will be considered forfeited.

What does Merlin do?
As an EVM-compatible Bitcoin Layer 2 solution, Merlin Chain focuses on low fees and high scalability, supporting Bitcoin protocols such as BRC20 and BRC420, providing a more efficient trading experience for Bitcoin network users. The ZK-Rollup technology it employs significantly reduces the burden on the Bitcoin mainnet by aggregating a large number of transactions into batches and processing them off-chain, while maintaining the security and low cost of transactions. Additionally, Merlin Chain ensures the transparency and reliability of data management through a decentralized oracle network, further enhancing the competitiveness of its ecosystem.

With the launch of Binance Alpha, Merlin Chain not only gained higher market exposure and technical recognition but also attracted more users through airdrops and trading competitions. Its technological advantages and community-driven model provide a solid foundation for the project's long-term development; however, market fluctuations and user sentiment remind us that the performance of new tokens post-launch still requires close attention. For investors and users focused on the Bitcoin Layer 2 ecosystem, Merlin Chain is a project worth following.

Looking at the recent decline of small coins, it seems that the altcoin season is overestimated. The market no longer believes that altcoins will keep rising; everyone is participating with a speculative mindset. During such times, the layout of the manipulators also becomes very small. Everyone is trying to pull up from the low positions and then cash out. After all, pulling up by one or two times when it's this cheap doesn't cost much. If you chase in, they will cut you off. In short, speculation is the priority, and the layout is disregarded.

This rebound is quite strong, but I am not optimistic about its sustainability. Whether it is linked with the U.S. stock market or gold, there are no direct conditions for breaking new highs. The Federal Reserve has not clearly signaled to release market liquidity.

This wave has already pulled back significantly from its high, but the time is still not sufficient. More consolidation time is needed to digest the profit-taking and trapped positions. Therefore, above 90,000, the focus should still be on risk control. If it can surpass 100,000, there may be new upward space.

Bitcoin no longer follows US stocks, it has started to correlate with gold. Has a new era begun?

To be honest, there are a lot of altcoins with a market value of less than 50 million USD on #BINANCE right now. Once the market sentiment picks up, these small coins can easily rise to 100 million USD in no time, and market makers can raise it with just one or two million. The risks have mostly been released, everything is ready, only lacking the right moment. What will be the trigger that ignites the sentiment?

The performance of the US stock market today did not react to Powell's remarks. Powell stated that due to inflation uncertainty caused by tariffs, he is firmly against lowering interest rates, but the market believes that a rate cut by the Federal Reserve is inevitable. The game between Trump and Powell continues.

The game between the US and the world is also ongoing. In such times, we do not need to be overly aggressive; it is better to participate in the market conservatively and patiently wait to see if there will be a black swan event. If something unexpected occurs, it could end badly.

Recently, there hasn't been much to discuss in the market; all analyses are ineffective. Bitcoin is moving in line with the US stock market, which is fluctuating based on the words of Trump and Powell. Everything is too random. Overall, it seems that Bitcoin has formed a new range, accumulating energy to push towards higher levels. If it can hold steady for the next 1-2 months, that would be the best trend. Do not rush; use this time to engage in things you enjoy. The 24/7 market gives everyone a break, so cherish it~

$OM has suffered too much losses in this wave, with its market value reduced from more than 4 billion to 400 million. Even so, its current market value is still not low, and there is still room for decline. Since the shipment has already begun, the probability of it going back to normal in the short term is very small. Therefore, as long as there is a sharp pull, it may be an opportunity to short.

Since the Bitcoin ETF was approved, everyone jokingly claims to be a U.S. stock trader. Now it's good, with a high correlation to U.S. stocks, we have become real U.S. stock traders.
Now the candlestick chart of Bitcoin is even surpassing that of domestic commodity futures, returning to trade commodities after trading cryptocurrencies feels like a downgrade. Ten years in the east, ten years in the west, how once we relied on stock market experience to surpass Bitcoin, but now Bitcoin is out of reach.

Every time it falls, the mother doesn't recognize it. When the whole place is cursing, there is often a good rebound, but usually this is not the bottom.

#BINANCE New Phase of Megadrop Project #KermelDAO What is it?

KernelDAO is a decentralized protocol focused on cross-chain restaking, dedicated to building an efficient, secure, and multi-scenario yield ecosystem. As the fourth project of Binance Megadrop, KernelDAO officially launched on April 1, 2025, and quickly attracted market attention.

Analyzing the highlights of the KernelDAO project from the following three aspects:

Project Technology and Ecosystem Analysis

Summary of Core Advantages

Potential Benefits of Airdrops for BNB Holders

1. Project Technology and Ecosystem Analysis
✅ Technological Innovation: Cross-Chain Restaking Mechanism
The core of KernelDAO is its innovative cross-chain restaking model. According to the official white paper, users can use their staked assets (such as BNB, ETH, BTC) again through smart contracts to protect services across multiple chains, achieving asset reuse and shared security.

This mechanism has two significant advantages:

Enhancing Asset Efficiency: Stake once, participate in multiple services;

Increasing Network Security: Supporting more decentralized applications (dApps).

🔹 Three Core Products
According to Binance research reports, the KernelDAO ecosystem mainly consists of the following products:

Kernel: A restaking infrastructure running on BNB Chain, connected to over 20 dApps, such as Mira (decentralized AI co-processor) and Electron (ZK proof aggregation protocol).

Kelp: A liquid staking solution on Ethereum, currently managing over 600,000 ETH in assets, making it the second-largest liquid staking token (LRT).

Gain: A yield aggregation product connecting DeFi, CeDeFi, and real-world assets (RWA), providing users with a one-stop yield strategy.

🌐 Ecosystem Layout and Financial Support
According to official website data:

KernelDAO's total locked value (TVL) exceeds $2 billion;

Among them, the Kernel TVL on BNB Chain reaches $660 million, with a monthly growth rate of about 40%;

Secured a total of $10 million in funding from institutions like Binance Labs;

Established a $40 million ecosystem fund to support developers and new projects.

This provides solid support for the technological implementation and ecosystem expansion of KernelDAO.

💰 Token Model and Community Incentives
Token Name: $KERNEL

Total Supply: 1 billion tokens

Initial Airdrop Amount: 40 million tokens (4% share)

Initial Circulating Amount: 162.3 million tokens (16.23%)

Airdrops will be conducted in phases, with 10% already airdropped in the first quarter, and the second quarter is currently ongoing. Through continuous releases and community-first strategies, KernelDAO incentivizes users to participate long-term, promoting ecosystem prosperity.

2. Core Advantages of the Project
🔒 Enhanced Security
Through a “shared security” mechanism, the staking value of BNB can provide stronger security guarantees for the entire ecosystem, lowering the threshold for the launch of new services.

📈 Maximization of Asset Utilization
Users can “use one coin for multiple purposes,” such as restaking BNB to Kernel, which can support network security and earn additional $KERNEL rewards, achieving yield stacking.

🌱 Ecosystem Prosperity Drives Innovation
The restaking mechanism attracts developers to deploy services on the BNB Chain, forming a virtuous cycle that enhances the activity and influence of the entire chain.

📣 Binance Support
As an investment project of Binance Labs, KernelDAO benefits from the strong support of the Binance brand, traffic, and listing advantages, laying the foundation for its user growth and token liquidity.

3. How can BNB holders participate in the airdrop?
This time, Binance Megadrop provides BNB holders with a low-threshold, high-return participation opportunity:

🪙 How to obtain the airdrop?
Lock BNB in Binance Simple Earn;

Complete some Web3 tasks;

Accumulate points based on the amount and duration locked, participating in the distribution of 40 million $KERNEL airdrops.

Users can not only obtain $KERNEL but also continue to enjoy annualized returns from BNB staking (approximately 5%-10%).

💵 Dual Earning Opportunity
While locking BNB:

Earn Simple Earn rewards;

Receive $KERNEL airdrop rewards;

If $KERNEL appreciates after listing (previous Megadrop projects generally saw first-day increases of 50%-200%), there will be opportunities for considerable short-term arbitrage.

🔗 Long-Term Ecosystem Synergy
The development of KernelDAO will:

Enhance the role of BNB in the restaking field;

Increase the practicality and market demand for BNB;

Bring long-term dividends to BNB holders.

For more information on BNB, please refer to: https://t.co/PtXqULZbkF

4. Summary
KernelDAO, centered on cross-chain restaking, integrates mainstream chains such as BNB Chain and Ethereum to create a DeFi ecosystem with multiple products and yield scenarios. It has the following notable advantages:

Technological Innovation: Supports asset reuse and shared security;

Rich Products: Covers restaking, liquid staking, and yield aggregation;

Sufficient Funding: Secured investment from top-tier institutions and ecosystem fund support;

Community First: Airdrop mechanism promotes user participation;

Binance Endorsement: Brand and traffic support.

For BNB holders, this airdrop is a rare zero-cost value-added opportunity, and also the first step in participating in the new era of restaking. However, it is advisable to pay attention to market fluctuations and individual risk tolerance before participating, to make rational decisions.

Several large-cap stocks have returned to important support levels, and a technical rebound could happen at any time.

However, it seems that the U.S. high-level officials are still in a tug-of-war, so the probability of a significant drop in U.S. stocks is not high; we are still on the path of a major-level correction.

Why do we have to foot the bill when the Trump administration is at odds with the Federal Reserve?

However, during past conflicts among the powerful, it has always ended with the government shaking hands, the businessmen profiting, and a large number of ants dying.

The strong rise of the pancake suggests that the decline of the US stock market is coming to an end. The speed of the drop in the Nasdaq has indeed reached a certain level of panic, and a short-term oversold rebound is to be expected. Bitcoin will also strengthen along with a host of cryptocurrency enthusiasts, making the weekend market worth looking forward to.

This market shows that Bitcoin has not dropped much and has even started to outperform Nasdaq, indicating the attitude of funds towards Bitcoin. However, the bleeding speed of ETH, SOL, and a host of smaller coins is very fast, mainly due to liquidity drying up. When will these things begin to form a bottom? I feel it is not far off; once the floodgates are opened in the second half of the year, there will only be 3-6 months left for them to build a bottom. So, if I have 1500 ETH and 100 SOL, I think it looks pretty good.