Depth Dialogue: Guy Young Reveals the Rise Code and Market Insights of Ethena
[Plain Language Guide] This episode of the Hive Mind podcast invites Guy Young, the founder of Athena, to delve into the stablecoin market and cryptocurrency trends.
Athena's USD assets lead with a high cash ratio and an 18% annual yield, addressing the bottleneck of capital flow. The Genius Act brings new opportunities for regulation, and Athena collaborates with Anchorage to be the first to comply. Guy is bearish on Layer 1 valuations, predicting BTC dominance to reach 90%, but is optimistic about applications like

Competing for on-chain financial dominance: Who will define the new order?
[Plain Language Guide] This report delves into the intense competition in the on-chain finance sector, focusing on the strategic game between JPMorgan Chase and Circle.
JPMorgan Chase is integrating traditional finance with new technology by issuing the deposit token JPMD on a public blockchain; Circle, on the other hand, is applying to establish a trust bank to create a new on-chain financial ecosystem. Although both start from different points, the boundaries are gradually blurring as they compete for dominance in fut

Ethereum ETF One Year Anniversary: From Being Ignored to Institutional Favorite
On July 23, 2025, the Ethereum ETF will celebrate its first anniversary of being listed in the United States, with capital inflows reaching a historic high.
In June, net inflows exceeded $3.5 billion, and July is expected to set a new high, with no net outflows for ten consecutive weeks. The total assets under management have surpassed $19 billion, and institutional interest has surged. Companies like SharpLink Gaming and BitMine Immersion are building Ethereum treasuries, holding over 660,000 ETH. If ETF staking i

Crypto Assets Boom: The Wealth Frenzy of Bitcoin and Ethereum
[Plain Language Guide] The crypto assets market is about to explode due to credit expansion! Arthur Hayes compares Bitcoin to the best investment asset, as its price skyrockets with the surge in fiat currency supply.
Trump's "poor man's QE4" policy promotes credit growth through government-backed rare earth transactions, similar to China's fascist economic model. Stablecoins have become the main force in purchasing government bonds, supporting the fiscal deficit. Ethereum is seen as the "crypto Nvidia", leading the tokenization craz

Crypto Assets' "Nvidia"
[Plain Language Introduction] The Crypto Assets market is undergoing a significant change! Although Bitcoin has seen an astonishing rise, the market is still undervalued, and Wall Street funds are accelerating their flow into smaller crypto assets.
The regulatory environment is easing, the GENIUS Act has been signed, and the wave of tokenization is sweeping in, with $250 trillion of real assets set to go on-chain. Ethereum, as the core of tokenization, plays a role similar to that of "Nvidia," leading the construction of the new financial system. Giants like BlackRock a

Ethereum big pump! Institutional funds are flooding in.
[Plain Introduction] Ethereum is迎来 unprecedented excitement!
The article "Ethereum big pump! Institutional funds flooding in" reveals the reasons behind its big pump: $2.18 billion in net inflows for U.S. spot ETFs in a single week, institutions and listed companies competing to accumulate Ether, 30% of the supply locked in staking, and a surge in on-chain activity indicating strong demand. The signing of the "GENIUS Act" brings policy support for Ethereum, as institutions view it as the cornerstone of tokenized finance and programmable m

encryption "ChatGPT" moment
[Plain Language Guide] The "GENIUS Act" is about to bring revolutionary changes to the stablecoin market, hailed as the "ChatGPT moment" for cryptocurrency.
This legislation provides a federal regulatory framework for the $260 billion stablecoin market, ensuring 1:1 asset backing, transparent audits, and anti-money laundering compliance. Stablecoins will reshape finance, threaten traditional banking and card payment systems, while enhancing the global dominance of the dollar. Tether and USDC will fiercely compete in emerging markets and the U.S., with fintech compan

The Future is Here: Why 2025 is the Most Transformative Year for Crypto Assets
[Plain Language Introduction] In 2025, Crypto Assets will undergo unprecedented changes! Bitcoin will break through $100,000, accounting for nearly one-third of institutional portfolios, the ETF market will attract over $70 billion, and price predictions will aim for $200,000.
The DeFi revival is unstoppable, with Hedera leading with a TVL of 166 million, the integration of AI and blockchain creating a market worth 60 billion, attracting 4.5 million daily active users. MeMe coin and NFTs continue to be hot, with Pud

The "ChatGPT Moment" of Crypto Assets: How Much Impact Does It Have on Banks?
[Plain language introduction] The "GENIUS Act" is about to become law, marking the "ChatGPT moment" for stablecoins, bringing legitimacy and regulatory clarity to a $260 billion market.
The new law requires 1:1 backing with dollar assets, prohibits interest payments, strengthens anti-money laundering and auditing, and disrupts banks and Visa/MasterCard. Tether and USDC will compete in the US market, while fintech companies such as Paypal and Stripe may become the winners.
Stablecoins will reshape payments, e-commerce

Beyond IPO: The Significance of Circle's Listing for Stablecoin Adoption
[Plain Language Guide] Circle successfully went public on June 5, with its stock price soaring 168% on the first day, and its market capitalization surpassing $21.6 billion, marking an important turning point in the stablecoin industry.
Beyond a mere listing event, Circle's USDC is becoming the settlement layer of the internet, driving merchant payments, cross-border capital flows, and the tokenization of real assets. The passage of the GENIUS Act further paves the way for the legalization of stablecoins, accelerating the

Newbie's Survival Guide to Encryption
[Plain Language Guide] Encryption investment is full of opportunities, but for Newbies, it also hides risks and may lead to total loss. Bitcoin once plummeted by 78%, and altcoins dropped even more.
Key to Survival: Only invest funds you can afford to lose, understand the emotional impact of market fluctuations, start with Bitcoin, and use a dollar-cost averaging strategy to avoid timing risk. Be wary of market, platform, technology, and regulatory risks, stay away from leveraged trading, and ignore market noise. Properly protect your assets by using a har

The Mystery of 13 Billion Funding: The Rise and Fall of Xinkangjia DGCX Eyewash
[Plain Language Introduction] On June 26, 2025, the Xin Kang Jia DGCX online investment platform suddenly closed its withdrawal channel, freezing or clearing account assets, with involved funds possibly reaching 13 billion yuan and over 2 million victims.
The platform disguises itself as the "Dubai Gold and Commodity Exchange China Branch", fabricating state-owned enterprise cooperation, and is in fact a combination of an eyewash and pyramid scheme. MistTrack's on-chain analysis reveals its complex flow of funds, i

The future of the Ethereum Foundation ecosystem development
[Plain Language Guide] The Ethereum Foundation has released a new strategy for ecosystem development,迎接 the critical moment for Ethereum's development.
The foundation will focus on four key areas: corporate relations, developer growth, application acceleration, and founder support, through the reorganization of the EcoDev team, to accelerate global adoption of Ethereum. At the same time, it will amplify ecological impact through digital studios, strategic initiatives, and automation tools, continuously supporting community and funding