SpeakWithHatOn

Warren Buffett has officially stepped down as CEO of Berkshire Hathaway after over 60 years, handing over to successor Greg Abel. This transition marks the end of an era in the financial markets, reflecting a shift towards a new leadership style amid changing market dynamics and high valuations.

The anticipated Digital Asset Basic Act in South Korea faces delays until January and full implementation is unlikely before 2026 due to conflicts over stablecoin issuance authority between the Bank of Korea and the Financial Services Commission, leading to prolonged regulatory uncertainty in Asia's major cryptocurrency market.

In the 2026 AI investment boom, five undervalued tech companies demonstrate potential: Micron Technology focuses on memory chips, TSMC is key in chip manufacturing, Qualcomm is deploying mobile AI, Marvell Technology provides data center networking, and Alibaba has advantages in cloud AI. These companies each have growth potential in their respective fields and are worth paying attention to.

Bitmine has recently significantly increased its Ethereum staking, reaching a total of 827,008 ETH, demonstrating its long-term commitment to Ethereum. Despite the surge in staking demand causing validator queue congestion, Bitmine's staking retention rate remains stable, with an expected annual passive income of tens of millions of dollars. The company's focus on Ethereum reflects market confidence in its security and long-term profitability.

The growing interest of institutional investors and macroeconomic changes are reshaping the cryptocurrency market. The Winklevoss brothers emphasize Bitcoin's potential as a global reserve asset, predicting its price could reach $1 million, driven by structural market shifts and demand for digital assets amid inflation pressures.

Todd, an executive at the U.S. Department of Justice, announced plans to eliminate a prosecution-based regulatory approach for the cryptocurrency sector, which has hindered industry innovation. This shift has garnered strong support from the crypto community, promising a more constructive regulatory environment that could foster growth and innovation.

In the 2025 market, investor interest is shifting significantly towards tangible assets. Gold has risen to $4,450 per ounce, recording a 70% increase since the beginning of the year. Copper has also shown a 35% rise, indicating a strong demand for physical assets. In contrast, Bitcoin (BTC) is currently trading around $92,350, representing a 6% decline since the start of the year.
Background of the Growing Attention to Tangible Assets
Market analysts are interpreting this capital shift in conjunction with fluctuations in the fear index. Many institutional investors are increasingly valuing physical assets over the concept of Bitcoin as "digital gold."
Analysts at 10x Research suggest that the traditional narrative of Bitcoin is being significantly challenged.

The Bitcoin mining industry faces significant challenges post-2024 halving, with declining margins due to rising costs and falling hash prices. Companies are diversifying into AI and exploring infrastructure integration to adapt. This shift may lead to increased M&A and capital dilution, necessitating a fundamental business model overhaul by 2026.

In August 2025, Ripple resolved its long-standing legal dispute with the SEC, significantly boosting XRP's market perception and price. This settlement has attracted institutional investments and prompted the launch of new products, reinforcing Ripple's transformation into a compliant financial technology company.

Elon Musk has surpassed $600 billion in personal wealth, marking a new era in modern business. The rise of Tesla and SpaceX has driven this unprecedented achievement, impacting entrepreneurs and highlighting wealth concentration in the global economy.

The regulatory evolution in Europe marks a major turning point for access to cryptocurrency-related financial products. The French Financial Markets Authority (AMF) has just changed its approach by removing the restrictions that were imposed on the marketing of Negotiable Notes.

The FTX collapse revealed via Caroline Ellison's testimony that Alameda Research misused customer funds for high-risk trades, leading to a market trust crisis and calls for stricter regulations. Her cooperation resulted in a reduced prison sentence, emphasizing the importance of insider testimonies in financial crime investigations and highlighting issues in cryptocurrency market regulations.

China has not yet exerted pressure on Japan, but has launched an anti-dumping investigation into imported dichlorodihydrosilane from Japan, implying that the chip manufacturing industry chain is undergoing restructuring. Japanese companies are using low-price dumping to target Chinese domestic alternatives, while China is using this policy to protect its local enterprises, demonstrating the mutual constraints within the supply chain. They are responding rationally under international rules, sending signals to the global market.

The U.S. Congress is advancing structural reforms in the crypto market, with a key focus on a seemingly lengthy clause—the conflict of interest prevention regulation. According to Punchbowl News, Democratic lawmakers Adam Schiff and Ruben Gallego have proposed a protective measure within the Republican-led Responsible Financial Innovation Act, primarily prohibiting government officials from profiting personally from crypto-related businesses. This ban applies to all public officials, including current President Donald Trump.
Why is this proposal so important? Gallego explicitly states that the related ethical standards are an uncompromisable "red line." If mishandled, the entire bill will struggle to secure enough votes to pass in the Senate. This reflects the Democratic Party’s firm stance on the boundaries between power and commercial interests, especially as crypto policy becomes a political focal point.

Furoki is a dog-inspired cryptocurrency based on the Shiba Inu community and Mr. Mask's dog, operated through a DAO. It supports community growth by developing a diverse ecosystem, including the NFT game "Valhalla" and decentralized finance platforms.

Last night, the crypto trading market staged a thrilling series of liquidation events. Renowned investor Huang Licheng experienced 10 consecutive liquidations within just a few hours, with his account balance plummeting from $1.3 million to just over $50,000 — a total evaporation of $1.25 million.
This is not the first time. As early as October 2024, he went through an even more brutal liquidation: a $79 million ETH long position was forcibly closed, turning a profit of $44.5 million into a loss of $10 million in just one day, with a net loss exceeding $54.5 million.
However, after each total loss, Huang Licheng quickly injects new margin, as if the high leverage grinder cannot really hurt him. In December, he injected $199,800; in November, $275,000; and a few days ago, another $254,700…

To profit in the cryptocurrency market, choosing the right trading method is the key to success. Spot trading and perpetual futures trading are the two main mainstream methods of cryptocurrency investment, but their mechanisms differ significantly. By accurately understanding the characteristics of both, you will be able to select the most suitable method for your trading strategy.
What is spot trading?
Spot trading is the simplest form of trading where you actually purchase cryptocurrencies and immediately hold the assets in your wallet.
Basic features of spot trading
Spot trading involves directly buying cryptocurrencies such as Bitcoin and Ethereum at the current market price, and fully owning those assets. Similar to stock investing, "buy low and

Divergence in technical analysis signifies a situation where asset prices and indicators move in opposite directions, indicating potential trend reversals. Recognizing divergence empowers traders and investors to make informed decisions based on market dynamics.

Mining cryptocurrency is increasingly difficult due to rising complexity, global energy costs, and market dominance by large operators, squeezing small miners. Technological advancements and a shift to renewable energy are seen as crucial for future profitability.