Odaily星球日报讯 美国新墨西哥州罗斯威尔市成为全美首个设立 BTC 战略储备的城市。该举措源于一笔价值 3000 美元的 BTC 捐赠，市政府确认具备接收权限，并正在推进正式设立市级 BTC 战略储备的议案。此举标志着地方政府在加密资产采用方面迈出关键一步，罗斯威尔也成为探索将 BTC 纳入城市财务战略的先行者。（The Defiant）

Odaily星球日报讯 美国新墨西哥州罗斯威尔市成为全美首个设立 BTC 战略储备的城市。该举措源于一笔价值 3000 美元的 BTC 捐赠，市政府确认具备接收权限，并正在推进正式设立市级 BTC 战略储备的议案。此举标志着地方政府在加密资产采用方面迈出关键一步，罗斯威尔也成为探索将 BTC 纳入城市财务战略的先行者。（The Defiant）

美国新墨西哥州罗斯威尔市设立首个市级BTC战略储备

<Odaily>Odaily Planet News: Roswell, a city in New Mexico, United States, has become the first city in the country to establish a BTC strategic reserve. This initiative stems from a BTC donation worth $3,000, with the city government confirming its right to receive and advancing a proposal to formally establish a municipal BTC strategic reserve. This move marks a critical step for local government in adopting crypto assets, with Roswell becoming a pioneer in exploring the integration of BTC into city financial strategies. (The Defiant)

<Odaily>Odaily Planet News: Roswell, a city in New Mexico, United States, has become the first city in the country to establish a BTC strategic reserve. This initiative stems from a BTC donation worth $3,000, with the city government confirming its receiving authority and advancing a proposal to formally establish a municipal BTC strategic reserve. This move marks a critical step for local government in adopting crypto assets, with Roswell becoming a pioneer in exploring the integration of BTC into city financial strategies. (The Defiant)

Roswell, New Mexico, USA, establishes the first city-level BTC strategic reserve

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

Messari released "The Crypto Theses 2026," a report that predicts future trends in public blockchains, DeFi, AI, DePIN, and TradFi. From Messari's perspective, 2026 will be a pivotal year for cryptocurrencies, marking a shift from "speculative" to "system-level integration."

Author: Messari
Compiled/Translated by: ODIG Invest
Messari Releases "The Crypto Theses 2026"...