Pump：去年至今盈利11亿+，币圈估值40亿，被社区骂半死
Circle：去年净利润1.5亿，美股当前估值373亿，几乎没人在车上
看到这种情况，一时竟无语凝噎

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Pump: Profitable over 1.1 billion+ since last year, with a crypto valuation of 40 billion, heavily criticized by the community
Circle: Net profit of 150 million last year, with a current stock market valuation of 37.3 billion, almost no one on board
Seeing this situation, momentarily speechless

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

Original article | Odaily Odaily(@OdailyChina)
Author | Asher (@Asher_0210)
On December 17, dingaling, the founder of the prediction market platform predict.fun, announced on the X platform that the platform has been officially launched and airdropped initial points to Meme traders on BNB Chain, Aster participants, and active users of various prediction markets.
Compared to traditional market forecasting firms like Polymarket and Kalshi...

A step-by-step guide to participating in the CZ-supported event predict.fun

一个币圈市场，一个美股市场，流动性差太多

One is the crypto market, the other is the U.S. stock market, the liquidity is too different

The terrifying situation of abundant liquidity in US stocks