唐华斑竹

The way a celebrity thinks—ordinary people can’t understand it. Jing Tian is 38 this year; acting-wise, she’s basically almost out of fashion. How could she not cherish a good thing like meeting Sun Ge, a single man who graduated from a top school, is fabulously wealthy, and—what’s more—he’s two years younger than her and is willing to marry her? Such a great opportunity, yet she doesn’t珍惜 it.

I just saw a post by @Jackyi_ld expressing her thoughts. If she had first had children with Sun Ge and had as many as possible, then it wouldn’t just be $50 million—$500 million would not be an issue either. The children would also have an inheritance right to assets worth a trillion.

Unfortunately, there’s no such thing as “if.” She was also sued to have to return a dowry of 30 million. Even her parents were named as defendants. No matter who wins or loses the case, her image has collapsed, and her career will definitely be greatly harmed. It’s really hard to understand. $TRX

This buy power is impressive!
SATA raised funds this week to buy 1,084 bitcoins, accounting for over 5% of its holdings.
In a post on the X platform, BitcoinTreasuries.NET said that today SATA raised enough funds to buy 429 bitcoins; the transaction volume reached $50 million, the highest single-day total of the week.
SATA has raised funds this week to buy 1,084 bitcoins. Within four days, this is equivalent to more than 5% of its entire holdings—equal to Strategy buying 42,659 bitcoins in one week. $BTC

How is there still an avalanche chain? I thought it had already gone to zero.
Set a new historical high: Aave V4 deposit size rises to $806 million, up 30% over 7 days.
According to Aave’s on-chain dashboard, Aave V4 currently has active loan volume of $216 million. V4 is deployed across Ethereum, Optimism, and Avalanche: Ethereum Core deposits are $378 million, EtherFi Cash on Optimism is $257 million, Ethereum Global Dollar is $75 million, and Ethereum Prime is $63 million. Aave V3 user deposit size is still at $31.0 billion, including $25.0 billion in Ethereum Core. Aave documentation says that V4 uses a hub-and-spoke system to centralize liquidity and accounting, and sets independent borrowing rules and risk limits for different markets. $AVAX

SOL should also be due for a rise, right?
Storage costs are ultimately expected to be reduced by 90%. Solana testnet launches SIMD-0437 in the first phase
Solana development company Anza said that the Solana testnet has enabled the first phase of the SIMD-0437 proposal, and that the account rent reduction mechanism has begun testing. The proposal includes 5 feature gates; currently, only the first one is activated. The full adjustments have not been completed and deployed to the mainnet yet. Once all 5 stages are finished, Solana’s per-byte storage cost parameter, lamports_per_byte, will drop from 6960 to 696, for an overall reduction of 90%. Taking token accounts as an example, the deposit required to maintain a no-rent account status is expected to fall from about $0.16 to $0.016, thereby reducing the costs of creating accounts and deploying applications. $SOL

Is there anything worse than being unemployed? Yes, there is!
$SOL
$BNB

Zhao Changpeng: It is inevitable that Bitcoin will reach $1 million, and you don’t need to wait 25 years
At the Hong Kong “Bitcoin Asia 2026” conference, Zhao Changpeng said, “It would be a good thing for Bitcoin to reach $1 million, and this will definitely happen, but it won’t take 25 years—it will come sooner. However, more than price, utility is what matters. We need Bitcoin to enable large-scale applications through payments, and we also need Bitcoin to become a reserve asset for retirement pensions. All of this will be realized, and there will be more.” $BNB

It seems that Ripple is a coin that has been seriously overlooked by people in China. Abroad, however, it seems to be doing really well.

The Ripple stablecoin RLUSD has seen its market cap break $2 billion, with the XRP Ledger issuance at nearly 1 billion.
Ripple’s旗下 stablecoin RLUSD has already surpassed $2 billion in market cap, becoming one of the fastest-growing projects in the stablecoin market.

Data shows that the total issued amount of RLUSD is currently about $2 billion, of which approximately $963 million has been deployed on the XRP Ledger, and about $1.1 billion was issued on the Ethereum network. Ripple previously said that RLUSD will combine with its global payments network to provide businesses and financial institutions with more efficient on-chain liquidity solutions. $XRP

More than 400,000 preschool teachers exit in tears: what’s even harsher than unemployment is society’s prejudice.

In Jinan, there’s an old kindergarten that had been running for over 30 years. Last year, it quietly removed its sign. The slide in the courtyard was taken away, replaced by a row of benches for people to bask in the sun—this place is now a community elderly care service center. Same parcel of land, same group of teachers, but the service recipients have shifted from 3-year-olds to 80-year-olds.

This seemingly unremarkable scene actually explains what’s happening in China better than any statistical report. In this massive shift, the first group pushed away by the waves were the 400,000-plus preschool teachers mentioned in the headline.

First, let’s total the latest numbers clearly. In 2025, the country had 2.6126 million dedicated preschool education teachers, down from 2.8319 million in 2024—a decrease of 219,300.

Move two more years back to 2022: that figure was at a peak of 3.2442 million. Over three years, 631,600 positions “evaporated,” a decline close to one-fifth. During the same period, kindergartens across the country closed 21,400 in one year. On average, nearly 59 kindergartens turned off their lights every day—among them, private kindergartens accounted for 14,700 closures, making up more than two-thirds.

What about the “customers” of kindergartens? In 2025, the number of births nationwide was only 7.92 million—1.62 million fewer than in 2024, a year-on-year drop of 17%, the lowest since 1949.

Here’s my personal judgment: this is not an ordinary industry adjustment. The “floor” under demand has collapsed entirely. What does it mean for the floor to collapse?

In early 2025, an academician from the Chinese Academy of Sciences issued a population forecasting report. Even under the lowest fertility scenario, the number of births in 2025 should have been 8.88 million. The actual figure, however, was 960,000 fewer than this most pessimistic prediction. If even an academician who does population research was shocked by reality, you can imagine how fast this curve has been dropping.

So don’t try to understand kindergarten closures as mere “cyclical fluctuations.” This is not something that you wait out and it will go back. It’s going to be irreversible. And the reason private kindergartens are the first to collapse is also very straightforward.

A typical private kindergarten usually needs an enrollment rate of more than 60% just to avoid losses. Rent, teaching staff, meals, and insurance are all fixed, non-negotiable costs. If student intake drops by 30%, the principal has to consider merging classes. If it drops by 50%, that’s basically the critical point where the school has no choice but to shut down and run. $BNB

I’m done for—these women are so unbelievable: seven girlfriends all partnered up to start a business together! The Seven Fairies Coffee shop has been transferred, and once again proves that the fewer girl-friends you have, the better.

Seven people invested 700,000 yuan, and they managed to lose it all in less than half a year. They were losing about 100,000 yuan every month—faster than getting liquidated trading crypto.

“Seven Fairies Coffee” is a “all-female” influencer café and small bar that was opened in 2026 in Huizhou, Guangdong by several girlfriends who pooled roughly 700,000 to 800,000 yuan. But due to chaotic management within the partners, constant arguments in group chats, and disagreements over its positioning, it shut down and listed the shop for transfer and rent-out after only about 4 to 5 months in operation. $BNB

Can you buy a Beijing hutong siheyuan courtyard home? Here’s the honest lesson Lao Zhou learned after “paying tuition”

A while back, Lao Zhou—who was doing business—dragged me to drink. He blushed and said, “I spent over 20 million to buy a small siheyuan in a hutong in the East-West City districts. The agent said, ‘Only in old Beijing: a private courtyard with a family treasure-level legacy.’ Turns out, once I moved in, I was stunned. For half a year in the winter I was messing around—coal to electricity retrofits. The small kitchen built outside the property certificate was considered an illegal structure and I can’t use it. And the public housing next door requires an application-based relocation/evacuation. If I want to renovate, I need approvals from the cultural relics department. Even bank loans refuse to lend because the property rights are so complicated!”

I asked why he didn’t ask earlier. He sighed, “I thought buying it meant I’d be the master. I didn’t realize the water in a siheyuan runs ten times deeper than in a villa.”

Let’s spell it out in plain language: Beijing hutong siheyuan homes aren’t that they can’t be bought—it's just that 99% of ordinary people can’t afford them and also can’t really “play the game” of them.

First, purchase restrictions are tight. Since 2017, flat courtyard homes in hutongs have all been counted as residences. Beijing locals are limited by the number of housing units a family can have. Non-Beijing residents must pay social insurance long enough (as a baseline, at least one year within the Fifth Ring Road). Otherwise, you can’t even get through online contract filing.

Second, property rights are a huge trap. What can be transferred normally must be “private ownership with a large red certificate,” and the land must be assigned land. If it involves directly-managed public housing, centrally-owned assets housing, military-owned housing, or only usage rights, then you basically can’t buy it at all. Also, any sheds, lofts, or added bathrooms built outside the property certificate don’t count toward the area, and they may be ordered to be demolished.

Third, relocation/evacuation risk is hard to guard against. In the core old-city area, they’re doing “application-based lease termination.” If you buy a courtyard sandwiched in public housing, once the neighbors all get relocated, your standalone courtyard may not be spared either. Renovation gets constrained, and liquidity is frozen right away.

Fourth, prices split into extremes—wildly so. For top-tier courtyards like in Houhai, Nanluo, and Jingshan, the unit price can be several hundred thousand per square meter, and some people even fight over deals over a hundred million. They hold up well against market drops—like art. But ordinary messy compounds and old flat courtyards in non-core hutongs: they’re listed for years, price cuts of tens of millions don’t bring buyers, banks won’t lend, and selling/reraising cash is even harder than in suburbs.

In the end, Lao Zhou slapped his thigh and said, “This is for wealthy people to stash assets and do cultural stuff—not the ‘everyday need to improve living’ kind of dish we’re talking about. If your monthly payment is tight, you want a comfortable place to live, and you’re counting on appreciation—don’t touch it. If you truly have hundreds of millions in idle money, understand cultural relic protection and property rights, and you really love the soul of the hutong, then only a privately-owned premium siheyuan in the East-West City districts deserves to be called a ‘right purchase.’” $BNB

Fu Peng says: Unitree’s R&D budget is lower than Muyuan’s R&D budget for pig farming. Is that true? Let’s take a look
Public financial report data (2025) - Unitree Technology: revenue 1.699 billion yuan, R&D expenses 145 million yuan, R&D expense ratio 8.53%, R&D personnel 175 - Muyuan Co., Ltd. (leading pig farming company): revenue 144 billion yuan, R&D expenses 1.648 billion yuan, R&D expense ratio 1.14%, R&D personnel 6,539
It seems it really might be the case
So is it that robot technology is higher, or is it that pig-farming technology is higher? $UNITREE

BTC surged to 80,000 but didn’t hold, then came back down and started to drift lower again, wobbling along. So, you still need to control your hands: once it’s pumped up, don’t chase the highs. Chasing highs requires technical skills + experience + luck. Ordinary people lack these, so don’t force yourself. For regular folks, it’s better to buy on dips than chase rallies. $BTC