More details on this thesis (which I think is more or less widely accepted):https://t.co/bzDekZCNviDan Romero (@dwr):Crypto market right now is a barbell: speculation and stablecoinsIf you're not in the speculation stack—app / UI, DEX, chain or asset launchpad—you're probably not generating much revenue. The stack is a dynamic market and startups can compete and grow very fast, e.g. ...

Funding - Agora 完成 5000 万美元融资 [1] Stablecoin - 本轮融资将用于支持下一代稳定币的发展 [1]

Market Trends - Crypto markets are showing clear segmentation, indicating a deeper adoption cycle is beginning [1] - Treasury buyers are focusing on Bitcoin (BTC) [1] - Corporate Bitcoin holdings have surpassed 159,000 BTC this quarter [1] Payment Systems - Payment and settlement systems are primarily being built on stablecoins across 30+ chains [1] Trading Activity - Trading desks are accumulating Ethereum (ETH) [1] - Spot ETH flows reached $214 million today [1]

RT Crossmint (@crossmint)Wallet infra is broken.Today we’re launching a new standard for wallet SDKs, built from the ground up for stablecoins and fintech.No blockchain experience needed. No vendor lock-in. First-in-class features included.Get 10K free wallets for the next 48 hours 👇 https://t.co/mjDVbuTd6S ...

Nvidia & AI Ecosystem - Nvidia's scarcity justifies its high valuation, with a multiple around 30 times not considered extended given its importance to the AI ecosystem [2][3] - The S&P 500 is benefiting from being at the center of AI, a significant global driver of capital expenditure (capex) spend, which will boost S&P earnings [6] - Companies with durable, sustained earnings growth, such as Palantir, Nvidia, and Tesla, deserve higher multiples [4] Market Valuation & Concentration - The mean S&P PE ratio is approximately 16, lower than the 179% (原文应为17.9) on the eve of COVID, suggesting the market has become cheaper despite multiple "black swan" events [5] - Market concentration is a concern, with the top 10 companies representing a significant portion (40%) of the market cap, and Nvidia alone accounting for almost 8% [5] - However, these concentrated companies are also responsible for a large share of earnings growth [6] BitMine Emergent Technologies & Ethereum - BitMine Emergent Technologies conducted a PIPE (Private Investment in Public Equity) for $250 million, selling as many as 55 million shares at approximately $450 per share [8] - The company intends to use the $250 million to acquire primarily Ethereum [10] - The market capitalization of BitMine Emergent Technologies is estimated to be above $35 billion (60+ million shares * $55), significantly higher than the value of the Ether being purchased [9][16] - The company has an at-the-market (ATM) share program and has filed an S3 [15][16] Ethereum & Stablecoins - There is a rediscovery of Ethereum, driven by the growth of stablecoins, with Circle being a key player [12] - Stablecoins account for 30% of Ethereum's network usage [12] - Ethereum is the preferred layer 1 choice for Wall Street, with over 60% of all tokenized real-world assets built on it [14] - JP Morgan and Robinhood are building their stablecoin and tokenization businesses on Ethereum [13][14] - Circle trades at around 100 times EBITDA [15]

🔥 BULLISH: Stablecoins are used for ~$800 billion in transaction volume per month. https://t.co/iy4GDjKVtF ...

Core Insights - Exodus Movement, Inc. is well-positioned to benefit from the increasing global adoption of stablecoins, emphasizing the importance of digital asset wallets for their functionality [4][5][6] Digital Asset Holdings - As of June 30, 2025, Exodus holds 2,058 BTC, 2,729 ETH, and 31,823 SOL, showing slight increases from May 31, 2025, where the holdings were 2,038 BTC, 2,721 ETH, and 29,109 SOL respectively [1] User Metrics - Monthly Active Users (MAUs) decreased to 1.5 million as of June 30, 2025, down from 2.2 million in May 2025, with a notable drop in Passkeys wallets from approximately 675,000 to 21,000 [2] Exchange Volume - The processed volume for Exodus' exchange provider was $446 million in June 2025, a decrease from $486 million in May 2025, with $90 million (20%) of the volume coming from XO Swap partners [3] Strategic Focus on Stablecoins - Exodus has supported stablecoins for nearly a decade, including major ones like Tether's USDT and Circle's USDC, and is equipped to support stablecoins across over 40 different networks [5][6] Product Offerings - The XO Swap product facilitates seamless swapping between stablecoins and blockchains, addressing the growing need for secure and trusted wallets in the financial sector [6] Vision for the Future - The company aims to build a better financial future through blockchain technologies, with stablecoins being a significant use case for its products [7]

RT Solana (@solana)BREAKING: @Bullish is going all in on Solana.The crypto exchange with over $1.4 trillion in trading volume is migrating their core infrastructure to Solana-native stablecoins to power custody, payments, trading, and settlement. https://t.co/8Lep0BVr8s ...

The current crypto VC investing barbell:1) Tokenization & stablecoins:There is a new cohort of founders entering the industry with backgrounds from Stripe, PayPal, Meta and others. These founders are extremely impressive on paper, have strong experience with fintech and understand how to build real revenue-producing businesses at scale.Investing in this category requires an understanding of traditional payment rails, the entire money transfer process and where there is room for disruption. It also requires ...

Lending TVL just flipped staking at $55B. AAVE alone holds $26B.• Euro deposits yielding more than any fintech• 7.5B in flash loans YTD• Cross-chain without bridges on 11 networksStakers watching 4% ETH yields. Lenders printing 8% on stablecoins.The rotation already happened. ...