A virtual asset exchange shop in Tsim Sha Tsui, Hong Kong, is doing a booming business, and most of its customers are from the mainland. Cash can be exchanged for USDT, or vice versa, digital currency can be exchanged for Hong Kong dollars and US dollars. However, for transactions exceeding 10,000 Hong Kong dollars, you have to show your ID card. Hong Kong is relatively relaxed about virtual currency, which has attracted many mainland customers. But USDT cannot be played on regular exchanges. You have to exchange it for Bitcoin, Ethereum, etc. before you can play with it. It's a bit like buying vegetables in a detour. It takes a little effort, but you can always buy it. The cash limit for cashing back to the mainland from Hong Kong is 20,000 RMB. If it is a bank transfer, the source and purpose of the funds must be clearly stated and must comply with regulations. This is like if you buy a big item abroad and send it home, you have to declare it and pay taxes, and you can't be sneaky. So, this virtual currency transaction in Hong Kong seems free, but it actually has hidden tricks. The rules are there. If you want to play, you have to follow the rules. This is not a joke. $COW $USUAL $ENA
Musk said: "In the darkest moment of life, the great truth is useless, chicken soup is useless, cake, cola, milk tea hot pot is useless, and even the love of family and friends can only slow down anxiety, but can not beat back the darkness. What really pulled me out of the abyss is myself, no one knows what I went through during that time, after enduring one minute after another, I was no longer the person I used to be. In this world, during the most difficult times, often only you can pull yourself out of the darkness."
The president with the highest “overall happiness”?
Will Trump become the president with the highest "overall happiness" in American history? He was a second-generation rich man, similar to Kennedy, but he was successful in business and his success in business was much more impressive than Kennedy's when he was young and entered politics. In terms of romanticism, the two were equally matched, surpassing all presidents including Clinton. But there was one thing that Kennedy could not surpass him, which was that he lived longer and Kennedy died younger.
In the 2020 election, he was defeated by Biden and stepped down. However, during the four years of Biden's administration, he was equivalent to a "shadow president." In other words, he was president for eight years and a shadow president for another four years. No one could match him except Roosevelt, who served three terms and a few months... But this assumes that Trump lives to complete his four-year presidency. If he "collapses halfway", it will be another matter.
On the last day of 2024, Musk also doesn’t forget to mock traditional media like CNN and NBC! He posted online, ridiculing America’s traditional media, including print and television, which have all become a thing of the past. The content Musk shared shows that in the past year of 2024, traditional media in the U.S., including CNN, NBC, The Washington Post, and The New York Times, have seen a significant decline in subscriptions and clientele. Americans now rely more on self-media platforms for news and information. Among them, Musk's influence on X continues to expand. One must say, Musk's acquisition of Twitter at a high price was definitely worth it and demonstrates his unique vision. $DOGE $IOTA $HBAR
The world's richest man Elon Musk spent New Year's Eve at Mar-a-Lago, the official residence of US President-elect Donald Trump, and the two stood and danced together.
Musk himself commented on a video circulating on the social network X showing him dancing with Trump. One user commented on the video saying the next four years would be "unforgettable." Musk responded: "Good times are ahead." Another video in which Musk responded showed that Musk's mother, Maye Musk, was also at Mar-a-Lago, as well as Trump's wife, Melania Trump.
#Are the Metaverse and Bitcoin Essentially the Same?# The Metaverse and Bitcoin are fundamentally different concepts that belong to entirely different domains. • Metaverse: • The Metaverse is a virtual network composed of multiple 3D virtual worlds where users can engage in socializing, gaming, working, and other activities. It is a digital universe designed to provide an immersive, persistent online environment. • The concept of the Metaverse involves various technologies such as virtual reality (VR), augmented reality (AR), blockchain technology, and digital currencies, but it is not itself a currency or financial instrument. • Bitcoin: • Bitcoin is a decentralized digital currency based on blockchain technology that allows users to conduct peer-to-peer transactions without a central authority. • The main characteristics of Bitcoin are decentralization, limited supply, and transaction anonymity. It is an asset and means of payment, rather than a virtual world or social platform. Although Bitcoin or other cryptocurrencies may be used as a medium of exchange within the Metaverse, their core functions and purposes are different. The Metaverse focuses on creating a virtual, interactive environment, while Bitcoin is concerned with the circulation and value storage of a digital currency. $BTC $ETH $BNB
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'Center of the Universe', Trump has given a new nickname
In a report on January 1, the Associated Press introduced the details of Trump's meetings with world leaders at his residence, Mar-a-Lago. The report mentioned that Trump had given Mar-a-Lago a new nickname in a previous post online - 'Center of the Universe'.
According to reports from the Associated Press, every morning, many cars line up outside Mar-a-Lago for Secret Service checks, transporting important figures to meet with Trump. Over the past period, Trump has held breakfast meetings, lunch meetings, or other social activities here daily, meeting with notable figures from politics and business.
After Musk renamed his X account, the New York Post published a post analyzing the reasons for the name change. In response, Musk retweeted the post and replied with "Kek" to express his approval. In fact, the reasons for Musk's name change are not complicated; either it's to promote the virtual currency Kekius or because he likes the game Path of Exile 2. Apart from that, there is no more reasonable explanation. Of course, the specific reason still needs to be clarified by Musk himself, and others' analyses are merely speculation. $BTC $ETH $DOGE
As global interest in cryptocurrencies continues to grow, Hong Kong, as one of the international financial centers, has also welcomed the debut of cryptocurrency ATMs. These new financial devices provide users with a convenient way to convert cash and cryptocurrencies, such as Ethereum, thereby promoting the circulation of digital assets. Cryptocurrency ATMs arrive in Hong Kong In Hong Kong, companies such as BATMThree have launched ATMs specifically for Ethereum transactions and installed them in commercial locations such as Naked Hub. These ATMs allow users to exchange fiat currency for cryptocurrency and vice versa directly through the machine. This not only simplifies the process of acquiring cryptocurrency, but also provides a new entry point for those who want to explore digital asset investments.
The blockchain revolution and the new financial era of web3.0!
$BTC $ETH In 2009, the blockchain 1.0 system, like the dawn of dawn, illuminated the future of the financial world. The open source decentralized system, with its unique charm, transcends any centralized sovereignty and opens up a profound transformation of financial power. Here, power is no longer controlled by a few people, but is decided by the majority of members of the autonomous system, achieving true democracy and equality. As the core element of this system, self-minted tokens have quietly integrated into our daily lives and become a new option for our transactions, savings, and investments. It has not only changed the form of currency, but also subverted our understanding of currency.
The assets of U.S. ETFs have surpassed $10 trillion for the first time, with the S&P 500 index and Bitcoin being the big winners. In the weeks following Trump's election victory, investors became more optimistic about U.S. stocks, and in November, ETF inflows reached a record high of $164 billion. Of the net inflows to stock funds in November, 97% went into the U.S. Investors have poured over $1 trillion into U.S. index funds (ETFs) this year, breaking the record set three years ago. The assets of U.S. ETFs have also surpassed $10 trillion for the first time in history, fueling Wall Street's expectations for even higher inflows next year. For those playing the market, you can pay attention to the five new ETFs with the highest asset amounts this year as of November, all of which are Bitcoin ETFs: iShares Bitcoin Trust ETF, Fidelity Wise Origin Bitcoin ETF, Ark 21 Shares Bitcoin ETF, Bitwise Bitcoin ETF, and Grayscale Bitcoin Mini Trust ETF. Overall, U.S. stock prices are a bit high right now, so be mindful of your position size to manage risk.
【Musk's 'Government Efficiency' Plan Gains Bipartisan Support】Musk's support for Trump's goal of cutting federal spending by $2 trillion unexpectedly won the backing of Democrats, including senior senators like Bernie Sanders and John Fetterman, who took this opportunity to push for cuts to defense spending and streamlining bureaucratic processes. This bipartisan collaboration has sparked heated discussions and may have a profound impact on future budget reforms. $DOGE $CVC $THE
By 2050, plans to build a city for one million people, manned landing on Mars by 2028? Elon Musk has an ambitious space exploration plan. He hopes to build a self-sustaining Martian city capable of housing one million people for long-term living by 2050. To achieve this goal, SpaceX plans to launch an unmanned spacecraft to Mars in 2025 for preliminary testing and to select a manned landing site. Subsequently, around 2028, the first crewed Starship will be launched to land on Mars and begin the construction of a Martian base. The Starship will use liquid oxygen and methane as fuel, due to its low cost and the abundance of methane on Mars, allowing for in-situ fuel replenishment for the return to Earth. In the future, SpaceX also plans to build and launch over 1,000 Starships annually, regularly traveling between Earth and Mars. However, this plan faces many challenges, such as Mars' harsh environment, including low temperatures, thin atmosphere, radiation, and the high costs and complex technical issues involved. But Musk firmly believes that humanity becoming Martian colonizers is key to ensuring a bright future. $BTC $ETH $DOGE
Hot Topics: 1. Switzerland has initiated a referendum on a constitutional amendment for Bitcoin, aiming to incorporate Bitcoin into the constitutional framework, highlighting the important position of cryptocurrencies. 2. Steno Research predicts that Ethereum will outperform Bitcoin in 2025, with an expected price exceeding $8,000. 3. K33 Research: Despite the decline in the stock market, Bitcoin has still seen a slight increase over the past day, indicating its risk resilience. 4. After Musk changed his profile picture to Pepe, a large number of KekiusMaximus-related fraudulent tokens may emerge in the market, and the community needs to be vigilant. 5. BlackRock, Fidelity, and Ark rank among the top three for Bitcoin ETF inflows in 2024, demonstrating the continued interest of institutional investors in Bitcoin. 6. Franklin Templeton, with $1.5 trillion, expects multiple countries to increase their strategic reserves of Bitcoin by 2025, showing the national-level importance of Bitcoin. 7. The Prime Minister of Montenegro stated that the process for extraditing Do Kwon to the United States has been completed, demonstrating a firm commitment to international justice and the rule of law. 8. Galaxy Digital predicts that Bitcoin will reach 20% of gold's market value by 2025, attracting market attention. 9. MicroStrategy co-founder Michael Saylor stated that since the beginning of the fourth quarter, the BTC yield from MSTR's financial operations has been 47.8%. 10. The Prime Minister of Montenegro expressed welcome to innovative and legitimate cryptocurrency entrepreneurs but has a zero-tolerance policy towards fraudulent activities, indicating support for technological innovation. 11. BlackRock's Ethereum ETF holdings have surpassed 1,071,415 ETH, reflecting institutional confidence in Ethereum. 12. Coinbase's CEO calls for the X platform to adopt USDC for payment integration, promoting the popularization of cryptocurrency payments. 13. Standard Chartered predicts that MicroStrategy's Bitcoin purchases will exceed 2024 levels by 2025, reflecting institutional optimism about Bitcoin's long-term prospects. 14. Binance Labs stated it will continue to focus on infrastructure, supporting startups in the fields of Web3, artificial intelligence, and biotechnology. $BTC $ETH $BNB
$SOL Solana is expected to face significant developments in 2025, including the launch of Firedancer and a large-scale token unlock, while market views on its prospects are divided. Impact of Firedancer: The Firedancer client could enhance Solana's processing capacity and network reliability. ETF Approval Expectations: The market is optimistic that Solana's ETF will be approved in July 2025. $2 billion Token Unlock: The unlocking of 11.2 million SOL tokens in March 2025 may bring market sell-off pressure. SOL/ETH Ratio Analysis: Analysts believe the risk-reward of SOL relative to ETH is not optimistic in 2025.
Is Musk's Starlink about to go against the odds again? SpaceX announced today its next-generation V3 Starlink satellites: "Each Starlink V3 launch on Starship is planned to add 60 Tops of capacity to the Starlink network, which is more than 20 times the additional capacity per V2 Mini launch on Falcon 9. What does this mean? Simply put, each V3 Starlink satellite will have a 1 Tops downlink speed and 160 Gbps uplink capacity, which is more than 10 times the downlink capacity and over 24 times the uplink capacity of V2 Mini Starlink satellites. In the past, we always thought that this thing in the sky had slow internet speeds? Too expensive? But in fact, Starlink is constantly upgrading, and as the number of users grows, costs will also be significantly reduced! In particular, V3 satellites will also have nearly 4 Tbps of combined RF and laser backhaul capacity. Additionally, V3 Starlink satellites will use SpaceX's next-generation computers, modems, beamforming, and switching technologies." It seems that Musk's 140 satellite launches this year must have some significance...! What does it mean? More on this next time (1) $DOGE $PNUT
Breaking news: Nasdaq component MicroStrategy stock has fallen below $300 in after-hours trading for the first time since November 8, 2024. The stock has since dropped 46% since hitting an all-time high on November 21. The performance of this stock is now tied to the performance of Bitcoin! The only stock in the world that is so deeply linked to Bitcoin! $BTC $ETH $XRP
💸Core Foundation and Cactus Custodian Become Dual Staking Partners 💸 Core Foundation partners with Cactus Custodian, a subsidiary of the leading digital asset platform Matrixport, to enable institutions to earn risk-free rates through Bitcoin staking via Core's dual staking. This provides trusted custodians with the earning opportunities offered by Core to Bitcoin holders, ensuring the highest levels of security and earning flexibility. ⭐ Cactus Custody, part of Matrixport, establishes long-term stable partnerships between institutions and Bitcoin mining organizations, including Bitmain and Antpool, forming an optimal strategic partnership with Core's BTCFi ecosystem 🙌 🤙Cactus Custody provides institutional users with features including: ⭐️Diversified Custody Options: Customized solutions for long-term storage and active asset management. ⭐️Multi-Signature Security Mechanism: Advanced multi-signature technology ensures transaction security and minimizes risk. ⭐️DeFi Compatibility: Supports over 22 EVM chains, facilitating institutions' expansion of asset use cases. Based on Core's BTCfi ecosystem with active trading activities and 81 years of Bitcoin block reward subsidies, a transparent, reliable, and sustainable earning mechanism is created for institutional users. $BTC $TROY $PEPE
Federal Reserve's Daly Critiques Cryptocurrencies: Can't be Confused with Gold, Far from Becoming Money!
$BTC $ETH ① San Francisco Federal Reserve President Daly believes that cryptocurrencies should be viewed as an independent asset class rather than being confused with gold.
② Daly stated that cryptocurrencies are complex and not yet ready to be considered 'money.' On December 31, San Francisco Federal Reserve Bank President Mary Daly recently stated that cryptocurrencies should be viewed as an independent asset class, rather than being confused with gold as people often see. Daly said on a podcast: 'I think cryptocurrencies are a complex thing, and we need to provide a service for everyone to truly interpret what it means and then call it cryptocurrency after doing that.'