RektHunter

Attention has been drawn to the latest developments behind the scenes of negotiations on the RUU struktur pasar kripto. It turns out the main obstacle is not individual banks, but banking trading groups that have a zero-sum mindset toward the crypto industry.
One senior figure from a major crypto exchange has just disclosed this at an industry forum last week. According to him, banking trading groups view crypto as a threat rather than an opportunity. They negotiate with the mindset that if crypto wins, banking must lose.
Even more interestingly, other data on the position of the banking indus

ZeroLend officially shut down after three years of operation. This decentralized lending protocol ultimately could not withstand a collapsing economy, thin liquidity, and ongoing security issues. Interestingly, they decided to make a graceful exit with the top priority: ensuring users can withdraw their assets safely.
The main problem is a combination of several factors. Price oracle providers stopped supporting, networks like Manta, Zircuit, and XLAYER became ghost towns in terms of liquidity, and the protocol's profit margins basically disappeared. Coupled with the high-risk profile of the l

Just read a tech investor's opinion on crypto—he said crypto is a different creature, so it doesn't fit into their AI portfolio. It's interesting because many people think crypto will become part of the future tech stack. But if you think about it, crypto really has its own dynamics that don't always align with AI's trajectory. So it doesn't mean crypto isn't worth it, just a different category. What do you think, do you agree or disagree with this take?

I just realized an interesting analysis about the relationship between oil shocks and Bitcoin performance in the Asian region. It turns out that the US is not as open as other countries when oil prices fluctuate drastically, and another term for this condition is a more stable market resilience.
According to the research I read, this could actually be a positive factor for Bitcoin to remain resilient amid global volatility. If regional markets are not overly affected by oil shocks, then crypto assets there have more room to grow without excessive external pressure.
This is very interesting to

Bitcoin is still holding above $70,000 right now, but what’s of concern is what will happen next. Looking at the chart, the price has fluctuated but remains steady at that level. The most interesting aspect is how geopolitics could influence the momentum—especially the ongoing discussions between Iran and the United States.
There are many factors that could change Bitcoin’s direction in the future, and geopolitical situations are one of the key elements that cannot be ignored. If there’s escalation or new developments in those discussions, it could trigger volatility. Currently, what needs to

Recently, there has been an interesting development in the crypto regulation space. Senator Lummis is drafting a new initiative to protect the DeFi ecosystem, and this is part of a larger negotiation question surrounding the overall crypto market structure. This policy draft continues to evolve ahead of the final stage, indicating serious momentum at the legislative level.
What’s interesting is how this negotiation question involves various stakeholders—from policymakers to industry players. Each party has a different perspective on how DeFi should be regulated without hindering innovation.
Fo

Just noticed an interesting strategy from the UAE regarding bitcoin mining. They now have an unrealized gain of around $344 million from 6,782 BTC they produced themselves, worth about $450 million. What's interesting is that their mining operations continue to run consistently, generating approximately 4.2 BTC per day even during market volatility. Unlike many Western countries that only acquire bitcoin through asset seizures, the UAE is building a strategic digital reserve by continuously holding their mining yields. They started aggressively in 2022 through Citadel Mining, then expanded w

The stock market is in panic again, oil prices are plunging, and bonds are also volatile. But just look at Bitcoin traders, they are staying calm. While others are scared, the crypto market actually becomes an interesting place to watch. The digital asset values show patterns that differ from traditional instruments. Maybe because they are used to volatility, or maybe they see opportunities amid global chaos. Anyway, it's interesting to see how the digital value narrative plays out while everyone else is nervous. So basically, while Wall Street is in panic mode, the Bitcoin community remains r

I just saw a report from VanEck about the Bitcoin options market, and the data is quite interesting. Traders are paying the highest prices for downside protection, with the put/call ratio reaching 0.84—its highest level since June 2021. This means investors are very afraid of a price drop, even though the spot price remains stable around $71.65K.
Interestingly, realized volatility has decreased from 80 to 50, and futures funding rates have also weakened to 2.7%. This indicates leverage speculation is starting to subside. But on the options side, traders have spent about $685 million on put op

Vitalik recently issued a sharp critique of the Ethereum L2 ecosystem, which he believes has fallen into a boring pattern. He said many layer-2s now are just copying existing EVM designs, adding standard bridges, and calling it a day. He refers to this as 'copypasta infrastructure'—basically the blockchain version of fork governance in Compound.
What’s interesting about his critique is that he doesn’t outright reject L2s altogether. But he is definitely annoyed with projects that market themselves as super connected to Ethereum when they are mostly standalone networks. Just having a bridge doe

I just read an interesting analysis about Bitcoin. So basically, even though Bitcoin is now traded similarly to tech stocks, it can still be a good tool for portfolio diversification.
What’s interesting is how Bitcoin addresses the scarcity problem. With a limited and fixed supply, Bitcoin has a unique characteristic that differs from traditional assets. This is one of the reasons why many institutional investors are starting to consider Bitcoin as part of their diversification strategy.
Although its volatility is similar to tech stocks, its fundamentals are different. How to address the scarc

I've just been observing Bitcoin again, currently in a pressured position lately. It turns out the obstacle is a combination of several developing macro factors, especially rising interest rates and pressure in the bond market that is beginning to show signs of instability.
The fear among crypto investors is actually quite reasonable. When bonds start to collapse and expectations for rate hikes continue to increase, investors tend to pivot to safer assets first. Bitcoin, which is usually seen as an inflation hedge, in such conditions actually becomes a victim of flight to safety.
So basically,

I just started thinking about something pretty important regarding prediction markets. If it turns out that just one trader can change the market outcome, does that make it realistic for that market to be used as a legitimate trading instrument?
This idea came up when I saw a discussion about the integrity of prediction markets. Because if the market can be manipulated by one or two people, then how can we trust the prediction results? That’s no longer about the wisdom of the crowd, but just about who has the most money.
I think this becomes a fundamental question: what is realistic in the con

Weekends really become an interesting momentum for retail traders on HyperLiquid. This platform has evolved into a serious bear market arena, especially when retail liquidity spikes on certain days.
I’ve noticed some interesting things about trading dynamics here. When the market is bearish, many retail traders actually become more active in leverage trading. HyperLiquid, with its integrated perpetual and spot features, allows them to switch strategies instantly. The prices of franco and other pairs become volatile when retail volume increases drastically.
What’s interesting is the trader beha

Recently, I saw data from VanEck showing something interesting in the Bitcoin options market. It seems investors are very defensive, with the premium for downside protection reaching the highest level ever. This means many people are worried and trying to hedge their positions.
Looking at options activity, especially put options, all point in one direction: there is quite extreme fear in the market right now. People seem to be preparing for a deeper decline, which is why they are willing to pay high premiums for protection.
Whether this is a pure bearish signal or a good contrarian indicator,

I just noticed that Bitcoin's hash rate has dropped significantly. It turns out it's related to the situation in Iran, which has caused energy prices to spike. So when electricity costs rise sharply, mining becomes less profitable, and many miners are starting to shut down their operations.
If energy costs continue to increase, this could pose long-term pressure on Bitcoin network security. But on the other hand, it could also mean that mining concentration will shift, with miners who have access to cheap energy becoming more dominant. Interesting to watch how this will develop moving forward.

Next week, there are several important events to watch in the crypto market. Riot Platforms, one of the largest Bitcoin miners, will release their earnings report alongside Core Scientific on Monday. These two companies are interesting to observe because they are not only focused on mining but are also expanding into the AI sector by leveraging their data center infrastructure.
What’s notable is that Core Scientific was once offered a $9 billion acquisition deal, but that deal failed last month. Now, we can see how much their mining operations contribute to their total revenue. Riot is a major

I just realized there is a major shift in the prediction market that is far more significant than people have thought. All this time, the dominant narrative about prediction markets has always been about elections and sports. Sports volume is indeed the largest on major platforms, but in reality, serious traders with real money are using these instruments for something much more impactful.
What is it? They use prediction markets as a tool to manage risks that previously couldn't be accurately priced with traditional instruments. This is especially true for new assets or complex events. When Ke

I just realized that many beginner traders are still confused about what supply and demand are in crypto trading. Although this concept is actually simple, it’s very powerful for our trading strategies.
So, here’s the thing: supply is an area of price where many sellers are ready to sell their assets. Imagine at a certain level, many big investors want to take profits or cash out. When the price approaches that zone, selling pressure increases and the price often reverses downward. Conversely, demand is an area where buyers are excited to buy. This is a price level considered "cheap" or attrac

Have you heard of Michael Saylor? He is one of the most controversial yet influential figures in the crypto world, especially regarding Bitcoin adoption among corporations.
So Michael Saylor is the founder of MicroStrategy, a software company focused on business intelligence. But what made him go viral in the crypto community isn’t just that. He’s known for his bold decision to invest massively in Bitcoin, and since then, he has become one of the biggest advocates for cryptocurrency among entrepreneurs.
There’s an interesting aspect of Michael Saylor’s journey. Early in his career, he proved t