SpeakWithHatOn

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When it comes to Bitcoin investment, I always think that people who hold 0.1 Bitcoin and those who hold 1 Bitcoin will have completely different lives 10 years from now. The difference isn't just a number; it feels like they've already gone to a different timeline. Most people realize this only later. They think, "If only I had bought even 0.1 Bitcoin back then." But by the time they realize it, it's already too late. It's either start now, even if it's just 0.1 Bitcoin or whatever, or always regret it. I believe that's the only two choices.
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Recently, long-term interest rates in Japan have been attracting attention, and it seems that the 30-year government bond yield has reached a record level. According to reports in late December, the yield on the 30-year bond has risen to 3.45%, and the 40-year bond has also reached 3.715%. Honestly, this movement is quite impactful.
The background is market concerns over the scale of Prime Minister Takashi's economic stimulus measures. There is a growing view that the government might undertake large-scale debt financing. Additionally, the Bank of Japan's continued stance on raising interest r
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Have you ever thought about inflation hedging? Recently, it's been a topic gaining renewed attention among investors.
Simply put, it refers to financial products or assets chosen to protect asset value during an era of rising inflation. Fiat currencies tend to lose value over time, right? The goal is to offset that impact and maintain purchasing power. Gold, Bitcoin, real estate, and TIPS (Treasury Inflation-Protected Securities) are typical examples.
The reason these are attracting attention is because they have limited supply or intrinsic value. For example, Bitcoin has a supply cap of 21 mi
BTC-2,27%
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The latest trends with CHZ are quite interesting, but is it true that they achieved 800k wallets through the collaboration with Naver Pay? It seems like expansion in the Asian region is accelerating. The Dexsport contest has also started, and Fan Tokens are listed on Indonesia's Bittime. The use cases for Fan Tokens like PFL and ATM are also increasing, and currently, CHZ is moving around $0.05, but with this wave of partnerships, I wonder how far it can go. It feels like a good situation for those holding it.
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Compared to 10 years ago, Bitcoin really feels like a different asset now. In 2013, it was buzzing around $1,100, but now the figures are on a different level. Since then, there have been various upheavals, like the major exchange issues in 2014, but ultimately, it has survived.
I think the turning point was around 2020 when institutional investors started to enter. Until then, it was mainly individual speculation, but from that point, the quality of the market changed. Looking back at Bitcoin's price movements 10 years ago, I realize how truly volatile it was.
It has now reached nearly $126,0
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When I looked at CoinMarketCap's sentiment indicators, I noticed an interesting contrast. Cardano and Midnight are moving in completely opposite directions. ADA is ranked high with a bullish mood, but the same Cardano ecosystem's NIGHT is seen as quite bearish.
Looking at the data, ADA currently has a $0.25 price with a 50% bullish sentiment. Meanwhile, NIGHT is at $0.04 with a 50% bearish sentiment. What's interesting is that this difference in sentiment isn't directly reflected in the price. NIGHT has increased by +2.56% over the past 24 hours, and ADA is also holding steady. It made me real
ADA-2,73%
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Recently, MicroStrategy's moves are quite interesting. They keep aggressively buying more BTC, but their method of raising funds is quite clever.
The preferred stock issued by MicroStrategy is unique and different from regular shares. It’s better to think of it as a hybrid type of stock that’s closer to a bond. Investors receive stable dividends as a benefit, but unlike common stock, they do not get voting rights. And in the event the company faces a crisis, their priority is relatively low—after debt but before common shares.
MicroStrategy’s goal is clear: to raise funds to buy more Bitcoin w
BTC-2,27%
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I was just a little curious, but it seems that BlackRock has been withdrawing a large amount of Bitcoin from a major exchange. Looking at the blockchain monitoring data, they've withdrawn 10,749 BTC in just the past three days. In terms of value, that's over 700 million dollars.
Movements like this from major institutional investors serve as signals that can impact the entire market. The fact that a player with BlackRock's level of financial power is deliberately withdrawing such a large amount suggests they might be preparing for a significant move. At a pace of over 3,500 BTC per day, it cou
BTC-2,27%
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What is Satoshi Nakamoto? It remains an eternal mystery for the cryptocurrency community.
Recently, on-chain analysts have been delving into this issue again. Satoshi Nakamoto is the creator of Bitcoin, yet after 2010, the person completely erased all traces of activity. Since then, no one knows where he is, what he is doing, or who he really is.
And most notably is the existence of the Bitcoin that he is believed to hold. This is widely recognized as one of the largest single assets in the cryptocurrency market. Alongside the question of who Satoshi Nakamoto is, the way in which his enormous
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It seems that NEAR has started proposing a new form of cross-chain transactions. Last month, they released a privacy execution layer called Confidential Intents, which is quite interesting.
The "transparency" of blockchain is actually a double-edged sword. When making large trades in DeFi, your intentions become fully visible on the chain. As a result, MEV bots can detect this and insert their own transactions before and after yours, ultimately extracting fees. Some call this the "transparency tax," but in reality, high-volume traders and institutional investors often suffer significant losses
ETH-3,51%
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Last month, while watching the U.S. Senate Committee on Banking hearing, I noticed something: the regulatory direction for American coins is truly changing. For a long time, it’s been moving from a strict enforcement posture toward structural integration. From what becomes apparent in the testimony by officials from the Federal Reserve (FRB) and the Office of the Comptroller of the Currency (OCC), it’s clear that crypto assets are no longer just peripheral issues—they’ve become central topics in the financial system.
What to focus on here is the momentum behind the GENIUS Act. The OCC recently
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Grayscale’s Bitcoin Mini Trust really stood out. During the session on April 1st, while almost all Bitcoin ETFs were being sold, this fund alone recorded a net inflow of more than $10 million. Since about $150 worth of BTC flowed into it, it seems to be a fairly significant amount.
At the same time, BlackRock’s iBit and Fidelity’s FBTC combined saw outflows of more than $150 million. On a cumulative basis, iBit is still maintaining inflows of over $63 billion, but the weakness on this day was noticeable. Grayscale’s main Bitcoin Trust (GBTC) also saw outflows of $13 million, and its cumulative
BTC-2,27%
ETH-3,51%
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Bitcoin and Ethereum have been showing quite interesting movements with their recent rise. After breaking out of a several-week range, both assets have returned to levels not seen since February.
As of writing, Bitcoin has risen to the $77,000 range, and Ethereum has recovered to nearly $2,400. Especially Bitcoin has escaped a long consolidation phase between $64,000 and $72,000, and is testing an important resistance zone above $75,000.
From a technical perspective, both have RSI levels in the high 60s, indicating they are not overbought but buying pressure is solidly coming in. Capital inflo
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The stock price of MSTR is in an interesting situation. It’s known as a company that holds a large amount of Bitcoin, but according to the latest data, the market value of the BTC it holds has already surpassed the company’s total market capitalization.
Putting it simply, MSTR’s market capitalization is around $64.9 billion, but the value of the Bitcoin it owns alone is calculated to be $65.32 billion. In other words, with mNav down to 0.993, it’s below 1.
In practical terms, that means the business value of the company itself is being valued negatively. The company’s value is being determined
BTC-2,27%
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Crypto trader Dr. Profit has flipped from bullish to warning about Bitcoin’s correction phase. Recently, BTC has risen to around $126K, but the selling pressure from there is intense. Even though it has a 0.19% move over 24 hours, it’s been seeing significant declines over the past few weeks.
According to this crypto trader’s analysis, the current drop isn’t just a correction—it appears to be the entry point to an even larger sell-off. Outflows from big institutional investors like Grayscale and BlackRock have been confirmed, and in November, billions of dollars worth of Bitcoin flowed into ex
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Looking at Lookonchain's monitoring data, it seems that quite a large trader is making a move with BTC. Apparently, they quickly entered a long position with 600 BTC at an average of around $70,235. Since they are using 30x leverage, it's a pretty aggressive entry.
The total position amounts to about $42.7 million, with an unrealized profit of $570k so far. However, the liquidation level is set around $66,942, so if the price drops that far, it’s game over. Whether they can hold this level is the key to the outcome.
The large move of 600 BTC could also influence market sentiment. Such big posi
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Recently, while looking at CoinMarketCap data, I noticed that the sentiment indicators for Cardano and Midnight are showing interesting movements. Even though they are partner chains within the same Cardano ecosystem, the community reactions are completely different.
Cardano is currently maintaining a 50% positive sentiment and is attracting a lot of market attention. On the other hand, Midnight also has a sentiment indicator of 50%, but investor evaluations remain somewhat lukewarm. The price movements are also intriguing: ADA has slightly adjusted downward by -2.82% over 24 hours, while Midn
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Ripple’s escrow releases are still rattling the market. In early last month, 1 billion XRP was released, but based on the current market price, it’s worth about $1.4 billion. Over the past few days, XRP has been soft, down 2.6% over the last 24 hours; it looks like it’s been slightly positive over the past week, but I guess many people are still keeping an eye on supply pressure.
Ripple’s escrow system is actually fairly well designed. Although 1 billion is released every month, 70–80% of that is returned to new escrow contracts. Only the remaining 200–300 million are actually supplied to the
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Recently, there’s something I’ve been a little curious about regarding recent trends in China’s financial regulatory developments. A senior official of the People’s Bank of China has reiterated its policy to strengthen enforcement against transactions conducted for speculative purposes involving暗号通貨.
Over the past year or so, it seems that Chinese authorities have responded quite strictly to financial-risk areas such as illegal fundraising, 仮想通貨 trading, and 地下銀行業. In particular, there are reports that, with coordination from relevant departments, they are strengthening monitoring of crypto-as
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The movement of Ethereum spot ETFs is getting interesting. While Fidelity has withdrawn over $66 million, BlackRock has been inflowing more than $41 million. Are opinions among institutional investors also divided?
BlackRock's ETHA has accumulated over $68 million in inflows, and Grayscale continues to see steady inflows. On the other hand, Fidelity has experienced over $650 million in outflows. I wonder what the cause of this difference is. It might be related to differing outlooks on staking and validator-related earnings.
The total net assets of spot ETFs have exceeded $11.3 billion, with c
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