A transfer triggers a question that all BTC holders are afraid of.
Last weekend, someone sent 2.565 BTC to Satoshi Nakamoto's genesis address. There's not much money, around $180,000, but these types of transfers are never about the 'amount', but rather a psychological event. Every few years, someone will send coins to that address. Every time, the market instinctively asks the same question: If one day, Satoshi Nakamoto really moved this batch of Bitcoin, what would happen? This is not gossip, but a long-ignored systemic risk. ⸻ First, let’s state the conclusion: Once Satoshi Nakamoto 'starts', the real destructive power is not in the selling but in the 'collapse of faith'.
The golden age of Layer2 has ended. Can Arbitrum survive until 2027?
----In 2026, Layer2 will not disappear, but the 'scaling narrative' has officially died. And Arbitrum finds itself in a very awkward yet extremely critical position. Vitalik's recent statement that 'the vision of Layer2 as a branded shard is no longer valid' is seen by many as a technical correction. However, when combined with the changes in Ethereum L1 over the past year, it resembles a settlement statement of a roadmap. In summary: 👉 Ethereum no longer needs L2 to 'save' it. 1. The underlying facts of 2026: L1 is becoming stronger again
What does it mean when institutions sell BTC and buy gold?
----an overlooked signal: institutions are 'selling BTC, buying gold.' According to The Block, JPMorgan analysts have provided a set of very interesting and also very harsh judgments: • Bitcoin Futures: Have approached the 'oversold' range • Gold & Silver Futures: Have entered the 'overbought' zone • Whether retail or institutional, there has been a recent tendency to allocate to precious metals rather than Bitcoin This piece of information, if looked at alone, can easily be regarded as a normal 'institutional viewpoint.' But if you put it into the current macro environment and cryptocurrency market structure, it is actually asking a more brutal question:
When safe-haven assets begin to decline, the real situation has just begun to surface.
----Gold and silver are being sold off, which is not a signal that can be ignored. According to reports from Caijing, international gold and silver prices continue to decline: • Spot gold fell by 6.46% in a single day • The drop in spot silver has reached 13.09% Let's start with the conclusion: This is not simply a 'precious metals market', but an explicit result of a larger range of risk pricing changes. And the cryptocurrency market is precisely at this point in the transmission chain. ⸻ 1. Why is the drop in gold worth being alert about? In most people's intuition, a drop in gold is usually interpreted as: • Risk appetite is rising
AI, RWA, and regulation all point to one answer: Privacy 2.0
----In 2026, privacy will no longer be synonymous with "anti-regulation," but a prerequisite for institutional entry. If you are still stuck on "privacy = Monero / mixing / black box transfers," then you are already in the old era. In the past decade, the privacy track has actually taken a wrong but idealistic path. The early privacy projects advocated for a form of "indiscriminate anonymity" — Everyone is anonymous, all transactions are untraceable, and no explanations are given to anyone. It sounds very Cypherpunk, but the reality is: It is in direct conflict with the global financial system.
Tether is quietly doing something 'central bank level'
A recent piece of news that has been overlooked by many is worth a serious look by the crypto market. According to Reuters, the stablecoin issuer Tether increased its holdings by approximately 27 tons of gold again in the fourth quarter of 2025, nearly the same as the purchase scale in the third quarter. If put into a larger context, this matter is not simple.
1️⃣ Tether's 'golden behavior' is no longer like a cryptocurrency company What does 27 tons mean? In comparison: 👉 The Polish central bank increased its holdings by 35 tons of gold during the same period 👉 Total gold reserves reached 550 tons In other words, Tether's quarterly gold purchase scale is approaching the operational pace of a medium-sized sovereign central bank.
Rare earths have truly been played with clearly! At first, we in China sold them at a cabbage price to various countries, while others pretended they had none, just waiting for us to supply them. Unexpectedly, now that we have started to regulate, rare earth mines have suddenly appeared worldwide! Speaking of which, it's not that we don't understand their value; mainly, in the past, management was lax, and there were rampant cases of illegal mining and smuggling. Domestic companies even engaged in price wars, not to mention that environmental costs were overlooked, leading to this precious 'industrial vitamin' flowing out globally at such low prices. What’s frustrating is that many countries act confused, like the United States and Australia, which clearly have rare earth mines but choose to 'explore without mining,' waiting for us to supply them. Data shows that China's rare earth reserves account for only 23% of the global total, yet we bear 90% of the supply long-term, reaching as high as 97% at one point. They hoard our low-priced rare earths while tightly controlling their own mines, calculating their gains very cleverly. Later, we finally realized that the environmental damage caused by rare earth mining is no small matter. Extracting 1 ton of rare earth consumes a large amount of acids and bases, with pollution levels second only to nuclear leaks. The subsequent restoration costs far exceed the profits from selling the minerals. Thus, the government quickly tightened controls, reducing export quotas and raising tariffs. This regulation led to a sudden emergence of rare earth mines around the world— the U.S. restarted old mines, Vietnam and Brazil accelerated development, and Russia hurried to improve its industrial chain. The previous claims of 'resource scarcity' were all just acts. Although we had to cancel export quotas due to a WTO ruling, during this time, our country had already integrated the industry and mastered core smelting technologies. Now, 91% of the global rare earth separation and refining capacity is in our hands. Even if other countries open mines, many raw materials still need to be processed in China, ultimately returning the initiative back to us. Honestly, this turnaround in the rare earth industry reflects our country's awakening and great wisdom in development. The early 'cabbage price exports' were not only a cost of ignorance and lack of environmental protection but also a lesson learned from geopolitical manipulation. Those countries that deliberately hide their mines waiting for us to supply them are essentially engaging in a dual plunder of our resources and environment. The current regulation is not a monopoly but a responsibility towards resources, the environment, and our own interests! The value of rare earths has shifted from being underestimated to returning to its rightful place, which precisely proves that the discourse power of strategic resources is never obtained through low prices but through technological strength, industry standards, and long-term planning. Ultimately, safeguarding the strategic card of rare earths is safeguarding the initiative for future technological and national defense development. This awakening has come just in time!
From a historical perspective, why hasn't the United States collapsed yet? How far are they from collapse? The strength of the United States lies in: 1. The dollar is still the world's currency. 2. Dollar capital controls the main industries and enterprises in all countries except for China, Russia, North Korea, and Cuba. 3. U.S. military bases are spread across various regions worldwide. 4. In the information industry, such as the Internet, all countries except China are under U.S. control. 5. The United States practices social Darwinism and believes in elitism, continuously attracting top talent from around the world. The U.S. is only relatively less powerful compared to China. For other countries, the advantages of the U.S. are growing larger. In fact, a country is not at its weakest when it is most decayed, but rather during the decade of reform attempts after decay. When Shang was a slave state, its moment of large-scale sacrifices and mass slaughter of slaves was not its weakest moment. Instead, it was when it hoped to abolish slavery that it was at its most vulnerable. The corresponding period in Chinese history is the Qing dynasty. The decayed feudal Qing was at its darkest time (suppressing the Boxer Rebellion and the Taiping Heavenly Kingdom, completely losing its dignity in the face of foreign powers, willing to sign unequal treaties whenever foreign powers dared to come. Internally, it completely lost legitimacy, executed repression without attempting to negotiate with the people, and no longer sought to leverage the people's strength), yet the Qing remained as stable as a mountain. However, during the Qing's cabinet reorganization and constitutional reforms, an insignificant movement like the road protection movement, in just a few months, led to the collapse of the Qing dynasty at a devastating speed. This is because, in the years after decay, a country that earnestly pursues reform loses the support of its old elites while also failing to gain the backing of reformists and the populace, simultaneously reaping their disdain. Thus, within a very short period, there is not a single person who truly supports this country; rather, they eagerly wish for its demise. Consequently, a vast empire collapses overnight. The same applies to the United States and the Soviet Union. You see, Trump is still aggressively seizing territory, indicating that the United States remains powerful. But what does it matter if the lower classes are suffering? These lower classes, whether thousands, tens of thousands, or millions, are merely numbers. The rulers of the United States have an omnipresent eye; they can make the "execution line" chase after every American. The proletariat in the U.S. has an execution line behind them, and so does the bourgeoisie; it's the same for everyone. The execution line is an inherent internal law of capitalism, and the brutal competition of capital is the internal driving force of the execution line; pure capitalism leads to a pure execution line. As a class, the bourgeoisie are the rulers; they can indeed let Americans live in peace as starving corpses. As individuals, capitalists are not rulers; they have execution lines behind them too. They must accept their losses. The existing powerful families, aristocracies, and other elites in the United States will seize even more aggressively and crazily in the next ten years. Americans are already struggling, but the next ten years will be the most stable time for them. Of course, don't think that the U.S. will engage in wars that consume itself; the United States cannot possibly start a world war. Capitalists may act impulsively, but the bourgeoisie never does; a class is a collective that lacks emotions. A world war would mean the destruction of this class, which is absolutely rational and would not engage in such actions. If you think the U.S. is failing, it's because you're comparing it with China, which is indeed regressing! Why have Chinese people begun to look down on the U.S.? Is it the system? Is it civilization? Is it confidence? None of these! It's because of 055, J20, J50, the giant wave series, the Hongqi series, the Dongfeng series; if any country had just one of these, it would not let the U.S. manipulate them. Excluding China, Americans can still do as they please. But if you ignore China (and add ignorance), then the U.S. can strike anyone in the world at will. In other words, if the United States does not touch the spheres of influence of China and Russia, and continues to exploit its small allies for recovery, it could survive for a long, long time through a Sino-American-Russian partnership that divides the world, each fulfilling their role, each gaining their share, and this could last for several decades, at least several decades, or even up to a hundred years without change. You think that "the United States possesses all the conditions for national demise" is a case of carving a boat to seek a sword.
$ASTER Second World Human-Machine Trading Competition
1. On the first day of the competition, in two hours, turned 10,000 U to 30,000 U, ranked first
2. A few hours later, the mindset collapsed (said assistant made a wrong order), ranked last
3. On the second day after reaching 20,000 U, executed over 20 short trades, made it to 40,000 U, continued to rank first
Currently, total account funds have reached 100,000 US dollars, crushing the second place at 39,000 US dollars. Self-stated, stopped trading, no longer opening orders, waiting to win the champion 🥇 reward of 30,000 US dollars. {future}(ASTERUSDT)
Today I published an article, and I was shocked by the review from Binance, these two words are actually prohibited on Binance as well. I casually wrote an article, politicians cannot use it, can we see here?
---- A controversy over 'a word' has burned millions of dollars. If you are new to prediction markets, the recent incident on Polymarket is worth a serious look. The question itself does not seem complicated: Did the United States invade Venezuela? Many people directly chose Yes. The reasons are quite straightforward: Military deployment, direct action, intelligence involvement, these are easily understood as 'invasion' in everyday language. But the final settlement result is: No. With this cut, many positions went directly to zero, and the controversy erupted.
Legislation is only for better harvesting; is there anything worth looking forward to?
张苏杭律师
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2026: Domestic virtual currency legislation is really coming
I mentioned a few days ago in my livestream that there will definitely be moves in virtual currency legislation in 2026.
Here it is, at the beginning of 2026, this Central Political and Legal Affairs Work Conference has directly placed virtual currency alongside autonomous driving and low-altitude economy for the first time, clearly proposing forward-looking legislative research.
This time it’s not just a simple policy statement; this time it should be a real move.
Today, Lawyer Zhang will start from the whole legislative matter, unpack the signals released by this conference, and discuss the future direction.
First, let's understand: why is legislation being proposed right now?
The Central Political and Legal Affairs Work Conference focuses on one thing each year - setting the tone for the direction of political and legal work for the year. In 2026, as we start the 14th Five-Year Plan, we need to deal with geopolitical games outside and accelerate economic transformation and technological change domestically.
Now the human spirit is not quite normal, it can be understood. Haha
爱生活的晴
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No more pretending, Trump, throwing out two big bombs! This old man Trump is getting more and more out of control! Just today, U.S. President Trump directly threw out two super bombs, each one shocking the whole world! Today, Norwegian Prime Minister Støre received a 'letter of attack' from Trump. Wow! Trump arrogantly stated in the letter: 'Although I personally love peace, if Norway does not award me the Nobel Peace Prize, then for the interests of the United States, I have no obligation to think only about peace!' What's even more outrageous? Trump also shouted that the U.S. taking over Greenland is to 'defend' Greenland from falling into the hands of other countries, claiming that only with Greenland in the hands of the U.S. can the world be safer! Oh my! How thick-skinned do you have to be to find such a reason? According to his logic, shouldn't Denmark and Greenland bow three times in gratitude for his 'saving grace'? On the surface, this letter is addressed to the Norwegian Prime Minister, but Trump quickly forwarded it to multiple embassies! This isn't just writing a letter; it's clearly announcing to the world that the U.S. is about to make big moves! Who told Norway not to send me that peace medal? This is not an ordinary letter at all; this is Trump's declaration of war! From the content of the letter, his main target for war is the whole of Europe! To be honest, Trump's handling of this is simply laughable! Since taking office, he directly waged war on seven countries while still shamelessly eyeing the Nobel Peace Prize! Now, unable to win the prize as an excuse, he openly reveals his fangs to the whole world! Don’t be fooled by Trump's crazy antics; the pace of the U.S. taking Greenland is quietly accelerating! Eight European countries held a military exercise in Greenland, intending to flex their muscles, but Trump retaliated by swinging the big stick of tariffs and made a harsh statement: If Greenland is not in hand, this matter is not over! So why is the U.S. becoming increasingly tough, completely disregarding Europe's face, and swinging wildly at Europe? The reason is simple: Europe's weakness has exceeded Trump's imagination! Just look at that eight-country military exercise; it's simply a farce! Eight countries gathered, and only a little over thirty people showed up! Do you think the U.S. and Trump still take Europe seriously? And Trump unceremoniously swung the sanctions stick against the eight countries participating in the military exercise, not even sparing the three European big brothers: the UK, France, and Germany! This is a naked warning: whoever dares to obstruct the U.S. from taking Greenland will be dealt with! Until Europe is subdued and obediently hands over Greenland! Moreover, because of the U.S. trade stick, Germany withdrew its troops overnight! This matter is crystal clear; expecting Europe to protect Greenland is pure fantasy! Think about it, even Germany, the leader of Europe, is so cowardly in the face of U.S. pressure; which other countries in Europe dare to challenge the U.S.? At this critical moment, Denmark is still licking the U.S.'s filthy feet! The Danish Foreign Minister is still shouting to distinguish themselves from great powers, trying to please the U.S.! For this kind of little brother who gets beaten and still helps count the money, even biting back, Trump is probably laughing until he snorts! Seeing Europe so cowardly, Trump is even more determined to succeed! The U.S. Vice President Pence, who was previously wary of Trump seizing the island, has now also come out to make a tough statement: For the national security of the U.S., Greenland must belong to the U.S.! Pay attention! The wording has changed here! Previously, it was 'buying', but now it has directly changed to 'taking'! The change in these two words has clearly told us that U.S. politicians are reaching a consensus on forcibly seizing Greenland! Remember? The big mouth previously said that according to Trump's nature of considering it a loss if he doesn't pick up money when he goes out, he clearly can easily get it by stealing, how could he possibly spend 700 billion or even over a trillion dollars to buy Greenland? Although Trump's ambition to seize Greenland is becoming increasingly fervent, polls show that only 17% of people support Trump buying or seizing the island! Faced with this data, Trump directly jumped up and angrily denounced: This is fake news! In just one year of taking office, Trump has turned U.S. diplomatic relations upside down, especially with Europe, which has already shown huge cracks! Although Europe still has a group of followers, they are definitely beating their hearts! Why? Because Denmark used to be the most loyal little brother of the U.S.! Back then, when the U.S. attacked Afghanistan and Iraq, Denmark sent troops to help without a second thought, and many Danish soldiers died on the battlefield! But now? Such a loyal little brother has also been served up on the U.S. dining table! If even Denmark ends up like this, will the U.S. care about other European allies? And now, Trump is openly declaring that the U.S. will change its strategy, no longer taking peace seriously, and is implicitly suggesting that military means will be used to solve the Greenland issue! This is an open warning to all European countries: whoever dares to resist will be the next one to be dealt with! By the way, today Trump also threw out the second bomb! He claimed to have invited dozens of countries to form a peace committee, with a membership fee set at a whopping $1 billion! Once this news broke, the outside world exploded! Everyone exclaimed: Is Trump trying to set up a 'sham United Nations'?! But what happened? French President Macron immediately expressed that he would never join Trump's so-called peace committee! Macron knows very well: I am still one of the five permanent members of the UN, with status and face! If I follow you, Trump, to do this rogue organization, wouldn't France's voice be completely lost? But guess what? Trump immediately gave France a hard punch! He directly imposed a 200% tariff on French wine! This is clearly a humiliation to Macron: Kid, if you dare not listen, this is your fate! To be honest, Trump's ambition to establish a new power, even at the height of the U.S., would have been impossible! Not to mention that now the U.S. is already declining, gasping for breath! Furthermore, exposing its greedy fangs to the whole world, not even sparing European allies, the so-called international peace committee he is trying to set up is destined from the very beginning to be an international joke that will be laughed at!
From Invisible Addresses to Silent Payments, Bitcoin privacy has come a long way in 10 years
---- Bitcoin privacy is迎来一个真正“能用”的答案: Silent Payments Bitcoin has often been misunderstood as an 'anonymous currency', but those who have actually used it know - Once the address is exposed, the transaction history is almost fully transparent. Address reuse, donation addresses being tracked, and the source of funds being identified, these are all old problems. And now, a previously underestimated but highly promising solution is moving towards practical application: Silent Payments (BIP-352). ⸻ What is Silent Payments? In summary: You only need to expose one address, but it will never be clear on the chain how much you have received, how many transactions you have made, or where the money came from.
From Mouth to Cleaning: The Inevitable Pain of the Crypto Content Ecosystem
---- overnight, InfoFi was 'pulled out' on X Late at night on January 15, many people still hadn't reacted, and InfoFi had already ended. It wasn't the token crash that happened first, but X directly cut off the API — all applications that allowed 'tweet to mine' and 'reply to earn points' had their permissions wiped out in one fell swoop. There were no account bans, no announcement previews, just one sentence: No rewards allowed for users posting. This is equivalent to directly cutting off InfoFi's lifeline. ⸻ X's attitude is very clear: no money, and no content X Product Manager Nikita Bier said very bluntly:
Lao A once again proves the power of the people! For over thirty years, America admirers and overseas student intellectuals have been promoting America's prosperity, towering skyscrapers, Western suits, coffee and cutlery—civilization and elegance. Yet they have forgotten that America is a capitalist country, driven by profit maximization and industry monopolies, a nation that even hopes for hailstones to smash all the glass on top floors!
The moment Lao A's killing line was revealed, the real-life scenes on the streets were brought to life—people looking neither human nor ghostly, collapsing in disarray—leaving the world astonished! Lao A portrays the authentic reality of life among the poorest Americans, making it highly convincing.
A nation's true civilization cannot be seen in its upper class—it's all the same mannerisms, styles, and appearances. The real reflection of a country's civilization, democracy, and freedom lies only among its lowest strata. They are the genuine embodiment of society, unadorned and without pretense!
Lao A has achieved this. Lao A once again proves a truth: the power of the people. Lao A is clever, knows how to focus on key points, understands strategic retreat. Though risky, he believed in his country's strength and successfully returned.
If the power of the people is united, miracles can be created. No corruption can remain hidden!