TheRichestManInChina

The U.S. House of Representatives just announced that it will hold a hearing on Wednesday to establish a tax framework for #Bitcoin and Crypto Assets.
Previously, other countries have exempted personal income tax on Bitcoin to encourage people to trade Crypto Assets. The United States should also adopt similar measures.

Hot topics in the encryption field in the second half of 2025
1. The national/company Bitcoin strategic reserve continues to advance.
2. More US stocks are going on-chain, traditional finance and the crypto world are starting to merge.
3. More countries are lowering or exempting cryptocurrency income tax.
4. The Federal Reserve's first interest rate cut will come in September or December.
5. More countries are launching their own stablecoins to seize market share.

Bitcoin has returned to 110,000.
It's been a bumpy road, let's aim higher.

Recently, more and more listed companies are using Bitcoin as a strategic reserve, continuously accumulating Bitcoin, and the amount of Bitcoin held by enterprises is reaching new historical highs. If this trend continues, Bitcoin could break 112000 this month, setting a new historical high #BTC

The Bitcoin market in the past two weeks has been whipsawing back and forth. Based on last night's U.S. retail data and the previous CPI, combined with the dot plot, it seems that the Federal Reserve will cut interest rates at least 1 to 2 times in the second half of the year. Therefore, Bitcoin will definitely break through 112000 and set a new historical high. So there's no need to panic with spot, just hold on tight.

In the next three months, uni could see a 3x increase, and it can be taken as a Heavy Position. The biggest beneficiary of U.S. Compliance might be uni. Weekly chart shows a strong bottom, with a huge pump.

In the past month, the Ethereum Spot ETF has seen net inflows every day, but the price of Ether hasn't risen much, leaving only two possibilities.
1. The data displayed is incorrect.
2. Large whales or retail investors continuously selling off have offset the net inflow.

From the perspective of Return on Investment, July is also one of the months with a high return rate in the year, second only to February and October. It can be seen that Bitcoin is expected to continuously refresh its coin price in July, setting new historical highs #BTC

Brazilian listed company Méliuz announced that it will raise $32.5 million to purchase more #Bitcoin. Institutions are also entering the market, but it will take a few days for the market to fully digest the Unfavourable Information from the war between Iran and Israel.

BlackRock bought another 667 Bitcoins today, worth over 72.04 million USD. Bitcoin is bound to break through 112,000, reaching a new historical high. During a pullback, institutions are scrambling to enter a position, so the short-term pullback space is limited.

The Ethereum Spot ETF has seen net inflows for the past two weeks, hoping that this wave can return above 3000. Only if it continues to pump can we expect the alt season to arrive.

Forbes Billionaires List: CZ surpasses Zhang Yiming to become the richest Chinese with assets of 65.7 billion USD.

There are 9 days until the next meeting of The Federal Reserve (FED) on the evening of the 18th of this month. Based on the current data, it is highly likely that the Intrerest Rate will remain unchanged, and we will only see a rate cut in the second half of the year. As the first half of the year is about to end, it indicates that we are getting closer to a rate cut #5月CPI 数据将公布# #现货比特币ETF持仓破110万枚# #科技巨头布局稳定币# .

With Bitcoin's sideways movement over the past couple of days, both long orders and short orders have accumulated quite a bit. If Bitcoin rises to 116,000 in the short term, it could pump 1.6 billion bearish traders; if it falls below 95,000, it could also fall 1.6 billion bullish traders. Tomorrow is Monday, and usually, there is a market turning point every Monday. What do you think the market manipulators will do?

From love comes hatred

Lee Jae-myung elected as the new President of South Korea
His commitment to the crypto world is:
1. Support the establishment of Bitcoin ETF
2. Support for South Korean national institutions to purchase coins.
3. Issue Korean Won Stablecoin

Recently, the activity on the Ethereum chain has surged, and the volume of ETH has surpassed that of BTC, which is a typical bullish signal. This month, #Ethereum is expected to reach 2800 or 3000.