7 月 16 日，据 @pandajackson42 数据面板，7 月 15 日 Binance Alpha 交易量达 3.9257 亿美元，相较巅峰时期仍处于低位水平。其中，BR 交易量 1.98 亿美元，KOGE 交易量 9000 万美元位居前列。

<div><p>7 月 16 日，据 @pandajackson42 数据面板，7 月 15 日 Binance Alpha 交易量达 3.9257 亿美元，相较巅峰时期仍处于低位水平。其中，BR 交易量 1.98 亿美元，KOGE 交易量 9000 万美元位居前列。</p></div>

Binance Alpha昨日交易量3.9257亿美元，BR、KOGE位居前列

On July 16, according to the @pandajackson42 data panel, Binance Alpha's trading volume reached $392.57 million on July 15, which remains at a low level compared to its peak period. Among these, BR trading volume was $198 million, and KOGE trading volume was $90 million, ranking at the top.

<div><p>On July 16, according to @pandajackson42 data panel, Binance Alpha's trading volume on July 15 reached $392.57 million, which remains at a low level compared to its peak period. Among them, BR trading volume was $198 million, and KOGE trading volume was $90 million, ranking at the top.</p></div>

Binance Alpha's trading volume yesterday was $392.57 million, with BR and KOGE at the top

Another case of "address poisoning," causing one user to lose $50 million. Photo: Techradar
The attack caused a shock.
A cryptocurrency user lost nearly $50 million USDT after mistakenly transferring the funds to...

Another case of "address poisoning," causing one user to lose $50 million.

Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

Chapter 1: Executive Summary and Industry Landscape Analysis
As of December 19, 2025, the global digital asset mining sector is undergoing the most profound structural transformation since the birth of Bitcoin. With Bitcoin's price retreating to the $86,000 range after reaching an all-time high of approximately $125,000 in October 2025, and the total network hashrate surpassing the 1,000 EH/s mark, mining companies face the dual challenges of compressed profit margins and surging capital expenditures in the "post-halving era."

1.1 Industry Differentiation

Figure 1: Analysis of the Relationship between Hashrate and Market Capitalization of Major Mining Companies in 2025

The above figure clearly shows the current...