Will Dubai Become a 'Financial Relic'? An Asian Exchange May Welcome US Backer...

比推Опубліковано о 2026-03-13Востаннє оновлено о 2026-03-13

Анотація

The article discusses recent developments and speculations in the cryptocurrency space, primarily based on discussions among KOLs on the X platform. Key topics include: - The postponement of the TOKEN 2049 Dubai summit to 2027, with speculation that this delay may benefit Hong Kong as a crypto hub. - Rumors of a potential acquisition of an Asian cryptocurrency exchange (hinted to be Bybit) by a U.S. buyer, with comments noting the strategic move for compliance and market expansion, as well as debates about valuation compared to competitors like OKX. - Circle’s reported efforts to distance itself from Canada, leading to a surge in its stock price, alongside discussions about its revenue-sharing agreement with Coinbase and future prospects. - Concerns about liquidity drying up in the altcoin market, with traders shifting focus to major cryptocurrencies like Bitcoin and Ethereum, as well as other investment avenues such as meme coins and U.S. equities. The content emphasizes that these are personal opinions and not investment advice.

Dear readers, hello~

What were the crypto KOLs talking about in the past 24 hours?

Note: The following content is compiled from the X platform, representing personal opinions only, and does not represent the stance of this platform, nor does it constitute investment advice.

TOKEN 2049 Dubai Summit Postponed to 2027, Benefiting Hong Kong?

An Asian Exchange to Welcome a US Buyer?

Popular Replies:

Everyone wants a piece of the juiciest cake in the US, everyone needs to find a big brother;

That's competing for the Chinese-speaking market share;

Bybit seems to be seeking a "compliant backer";

coinbase+base+cex? Solana is drawing circles in the corner again;

Over ten billion is a bit low, because Bybit's spot and futures market leads OK's, being valued lower than OK seems a bit cheap

Circle Wants to Cut Ties with Canada

Popular Replies:

The收益 generated by circle's Arc链上 usdc still needs to be split 50/50 with coinbase, but the agreement expires in 2026 and needs to be renegotiated.

When circle was 50, you were bearish saying it would fall back to the issue price of 30; when circle was 120, you were bullish saying it would rise to 1000. Did you change, or did circle change?

Circle cutting ties with Canada, stock price doubled.

The Altcoin Market with Dried-up Liquidity

Popular Replies:

Making money with altcoins is just the process, losing it all is the结局 for most people;

In this market, you might as well focus on Bitcoin and Ethereum instead of altcoins;

Gold, US stocks, and二级土狗 in the crypto circle have taken away the liquidity that originally belonged to altcoins,叠加 with the大盘回调, where is the liquidity left?

现在的山寨呀,各自走各自的路。 (Nowadays altcoins, each goes its own way.)


Twitter:https://twitter.com/BitpushNewsCN

Bitpush TG Discussion Group:https://t.me/BitPushCommunity

Bitpush TG Subscription: https://t.me/bitpush

Original article link:https://www.bitpush.news/articles/7619642

Пов'язані питання

QWhat is the main reason discussed for TOKEN 2049 Dubai Summit being postponed to 2027, and how might this benefit Hong Kong?

AThe article suggests that the postponement of the TOKEN 2049 Dubai Summit to 2027 could potentially benefit Hong Kong, though specific reasons for the delay or direct advantages to Hong Kong are not detailed in the provided content.

QWhich Asian exchange is rumored to be acquiring a U.S. buyer, and what are the speculated motivations behind this move?

ABybit is the Asian exchange mentioned as potentially seeking a U.S. buyer, with motivations including gaining a 'compliance foothold' and accessing the lucrative U.S. market.

QHow did Circle's relationship with Canada change, and what impact did it have on its stock price?

ACircle cut ties with Canada, which reportedly led to a doubling of its stock price, as mentioned in the article's hot replies.

QWhat are the cited reasons for the liquidity drought in the altcoin market according to crypto KOLs?

AKOLs attribute the liquidity drought in altcoins to capital being diverted to Bitcoin, Ethereum, U.S. stocks, and secondary meme coins, compounded by a broader market pullback.

QWhat critical agreement between Circle and Coinbase is set to expire in 2026, and what does it involve?

AThe agreement between Circle and Coinbase, set to expire in 2026, involves sharing the revenue generated from USDC on the Arc chain, with Coinbase currently receiving half of the earnings.

Пов'язані матеріали

KOL's Perspective: Why Is SOL Set to Rise from This Point?

**Summary: Why SOL is Positioned for Growth at This Level** The article argues that SOL is poised for an upward move from its current price point, citing several key factors. Primarily, SOL has just broken out of a 4-month consolidation phase. This breakout signals a return of risk appetite to the broader crypto market, as SOL is seen as a key indicator of overall crypto health. The token's ownership has reportedly shifted from short-term traders and tourists to long-term accumulators, leading to low volume. Any meaningful increase in trading activity could thus trigger significant upward momentum. Fundamental strengths include strong institutional adoption, integration with DeFi and RWAs (Real-World Assets), and the potential benefits from the Clarity Act. Despite its high volatility—having dropped 70% from its all-time high but still up 12x from its bear market low—SOL is highlighted as one of the few tokens from the last cycle to reach new highs. It boasts a robust ecosystem of applications, users, and protocols. Future catalysts include the expected influx of AI developers following the Miami Accelerate conference, which focused on AI on Solana. Furthermore, Solana is positioned as the premier chain for memecoin activity, a trend expected to continue and drive network usage and fees. The article concludes that recent price action reflects a healthy transfer to long-term holders, setting the stage for growth.

marsbit45 хв тому

KOL's Perspective: Why Is SOL Set to Rise from This Point?

marsbit45 хв тому

Those Pre-Bitcoin PoW Protocols Have Recently Been Reimplemented

This article details a recent surge in replicating pre-Bitcoin Proof-of-Work (PoW) protocols, specifically focusing on Hal Finney's 2004 RPOW (Reusable Proofs of Work). Within five days in May 2026, multiple independent builders in the Bitcoin/cypherpunk community launched projects inspired by this early electronic cash proposal. The initiative began with Fred Krueger's `rpow2.com`, a centralized but auditable system that replaced RPOW's original IBM 4758 hardware with Ed25519 signatures. Initially a faithful replica, it later adopted Bitcoin-like features (21M supply cap, difficulty adjustment) and a controversial 5.24% founder allocation. This sparked rapid forks, including `rpow4.com` which incorporated full Bitcoin parameters, a prediction market (`rpowmarket.com`), and a DEX (`rpow2swap.com`). Concurrently, Mike In Space created a prototype of Wei Dai's 1998 b-money proposal (`b-money.replit.app`), pushing the historical exploration even further back. The article contrasts these centralized, server-dependent experiments with Bitcoin's core innovation of decentralized, trustless consensus. It also highlights a parallel development: the `HASH` project on Ethereum, which uses smart contract hooks to enable a purely fair-launch, browser-mineable PoW token with 0% allocations to team or VCs. The collective activity is framed as a meme-driven, educational exploration of cypherpunk history rather than a serious financial movement, with all projects heavily disclaiming any investment value.

marsbit50 хв тому

Those Pre-Bitcoin PoW Protocols Have Recently Been Reimplemented

marsbit50 хв тому

South Korean Exchanges 'Battle' Regulators, Challenging the Boundaries of Enforcement and Legislation

South Korea's cryptocurrency industry is engaged in a rare, direct confrontation with regulators. The Financial Intelligence Unit (FIU), the primary anti-money laundering (AML) watchdog, has recently imposed heavy penalties on major exchanges like Upbit and Bithumb for alleged violations involving unregistered overseas VASPs and AML procedures. However, exchanges are now actively challenging these actions in court and through industry associations. In a significant shift, the Seoul Administrative Court ruled in favor of Upbit's operator, Dunamu, overturning part of an FIU-ordered business suspension. The court found the FIU's penalty criteria and justification insufficiently clear. Similarly, the court suspended the enforcement of a six-month business suspension against Bithumb pending a final ruling, citing potential irreversible harm to the exchange. Beyond legal battles, the industry is contesting proposed legislative amendments. The Digital Asset eXchange Alliance (DAXA) strongly opposes a draft rule that would mandate Suspicious Transaction Reports (STRs) for all crypto transfers over 10 million KRW (~$6,800). DAXA argues this "poison pill" clause violates legal principles and would overwhelm the STR system, increasing reports from 63,000 to an estimated 5.45 million annually for major exchanges, thereby crippling effective AML monitoring. This conflict highlights a structural tension in South Korea's crypto governance: comprehensive digital asset laws are still developing, while regulators rely heavily on AML enforcement. The industry's move from passive compliance to active legal and legislative challenges signifies a new phase, pressing for clearer rules and more proportionate enforcement. While short-term disputes may intensify, this clash could ultimately lead to a more mature and sustainable regulatory framework for South Korea's vibrant crypto market.

marsbit1 год тому

South Korean Exchanges 'Battle' Regulators, Challenging the Boundaries of Enforcement and Legislation

marsbit1 год тому

After 50x Storage Surge, Justin Sun Always Looks to the Next Decade

Sun Yuchen, known for his controversial stunts like a $30 million lunch with Warren Buffett (canceled due to a kidney stone) and eating a $6.2 million duct-taped banana, is often overshadowed by a significant fact: his decade-long track record of spotting major investment trends. In 2016, he famously advised young people to invest in Bitcoin, Nvidia, Tesla, and Tencent instead of buying property. A hypothetical $20,000 investment in Nvidia and Tesla from that list would now be worth over 50 million RMB. His latest major call was on November 6, 2025, predicting a "50x storage opportunity" tied to the AI boom, which materialized with Sandisk's stock surging nearly 50-fold by 2026. Looking ahead, Sun now focuses on the next frontier: Physical AI. He identifies four key areas: 1. **Embodied AI/Robotics**: He sees this reaching its "iPhone moment," with companies like UBTech and Galaxy General leading in commercialization. 2. **Drones**: Viewed as the first commercially viable form of Physical AI, revolutionizing sectors from warfare (e.g., AeroVironment's Switchblade) to logistics. 3. **Spatial Computing**: Beyond VR, it's about AI understanding physical space, a foundational technology for robotics and autonomous systems, exemplified by Apple's Vision Pro. 4. **Space Exploration**: After a 2025 suborbital flight with Blue Origin, Sun advocates for space as the ultimate frontier, discussing blockchain's potential role in space asset management and data transactions. His investment philosophy involves betting on entire, inevitable trends rather than single companies. For robotics, he sees Tesla (the body/manufacturer) and Nvidia (the brain/AI platform) as complementary plays. In defense drones, he highlights companies making tanks obsolete (AeroVironment) and those augmenting fighter jets (Kratos). For space, he participated in Blue Origin's flight and anticipates SpaceX's potential IPO to redefine the sector's valuation. Sun Yuchen's vision frames the next two decades not as a revolution in information flow (like the internet), but in the fundamental operation of the physical world through AI-powered robots, autonomous systems, and spatial intelligence, ultimately extending human and AI activity into space. While many still focus on conventional assets, he continues to look toward the next technological horizon.

marsbit2 год тому

After 50x Storage Surge, Justin Sun Always Looks to the Next Decade

marsbit2 год тому

Торгівля

Спот
Ф'ючерси
活动图片