新地址 0xDE2…E4613 这是在押注以太坊老牌 DeFi 生态吗？🤨昨天做了小额测试，两小时前从 #Binance 提出总价值 1780 万美元的一揽子代币，包括 $ETH / $LINK / $AAVE / $UNI / $POL / $COMP，其中 ETH 仓位占 95%（1693 万美元），提出价格 $2935.55钱包地址 https://t.co/6kYAnsCPVi本文由 https://t.co/NyVCc76Z83 
—————
链上小说家，关心天气、食物、还有故事。@ai_9684xtpa

Telegram

New address 0xDE2…E4613 – is this a bet on the established Ethereum DeFi ecosystem? 🤨 I did a small test yesterday, and two hours ago withdrew a basket of tokens worth $17.8 million from #Binance, including $ETH / $LINK / $AAVE / $UNI / $POL / $COMP, with ETH accounting for 95% ($16.93 million), withdrawn at a price of $2935.55. Wallet address https://t.co/6kYAnsCPVi本文由 https://t.co/NyVCc76Z83 

————— On-chain novelist, concerned with weather, food, and stories. @ai_9684xtpa

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

This article is from Kyle Crypto Hunt.
Compiled by Odaily Odaily(@OdailyChina); Translated by Azuma (@azuma_eth)
Editor's Note: Arthur Hayes, the legendary market predictor, co-founder of BitMEX, is at it again, offering his predictions. In today's episode of the Kyle Crypto Hunt podcast, Hayes discusses macroeconomic liquidity changes, market trends, his personal positions, and trading strategies...