kithe

Every day it’s just you guys talking these good-news things 😂

This time, the angle Grayscale gave is actually pretty interesting. The correlation between Bitcoin and the Nasdaq has dropped from over 60% to around 33%. Instead, it’s becoming more and more like gold—the correlation has reached over 50%.

Put simply, the market seems to be starting to treat BTC again as a “scarce asset,” not just moving up and down with U.S. stocks.

Also, if you look at U.S. debt—it’s already at 4 trillion dollars. Long-term bond yields are also trending upward, so naturally capital will start looking for things that are less dependent on the traditional financial system.

So if this round BTC can really break out, I think the “digital gold” story might get lively again.

The only question is: with this much good news, can the price finally hold its head up and perform? hahaha
$BTC $XAU$BTC

Woke up and saw these on-chain big whales all buying hype—what’s going on?

On one side, a brand-new wallet just scoops up about 440,000 HYPE $HYPE .

On the other, Multicoin keeps sending funds to Coinbase Prime.

Even Bitwise’s BHYP wallet is adding to positions on Hyperliquid.

Looking at it now, it’s clear the whales are still all writing the story around $HYPE .

The high is already up to 86—I’m a bit panicked about my short order at 81 😭

Surely we won’t miss out on hype below 100 this year, right?

$HYPE $HYPE

No wonder Ma Ji was looking for Racer and paradigm to acquire—turns out he’s been trapped in so much.

Earlier, he spent about $16.7 million to buy 11 million $FRIEND tokens. Now his loss is already over $16 million.

Today he directly offered $1 million, hoping to buy the project back and run it himself.

This move has a bit of “I’m down so much, I might as well be the market maker myself” energy.

After he posted this message, $FRIEND immediately jumped from 0.00472 → 0.096, up 20x.

Those who bought at the bottom got wrecked.

Grant Cardone is at it again 😄

Originally, the plan was to allocate 350 BTC to their Lauderdale real estate project—but now they’ve increased it to 900 BTC, a 2.5x jump.

The combo of real estate + BTC—real estate earns rental income as a traditional asset, while BTC adds a bit of excitement to the balance sheet.

Actually, seeing this makes me want to talk about DCA-ing BTC as a regular person.

Big players can buy a few hundred or a few thousand coins in one go, of course, but regular people don’t have that kind of capacity. That’s exactly why DCA matters: you don’t have to guess the highs and lows every day, and you don’t panic and run just because there’s a pullback.

Buy a portion of your spare money little by little each month. Don’t chase when it’s up; don’t panic when it’s down. Stretch the timeline a bit more—and it’s actually more suitable for regular players.

At the very least, this shows that more and more traditional investors are starting to treat BTC as a long-term asset allocation, not just something to trade for a quick win.
$BTC
$BTC

This rebound on the “big pie” really doesn’t seem to be driven purely by emotion and forcing the market up.

Glassnode data shows that on August 19, there was the largest single-day short liquidation since 2019; then BTC rebounded directly by 26%.

More importantly, the spot ETF saw a net inflow of $2.23 billion over the week. Meanwhile, coins are still steadily flowing out of exchanges, which indicates that the capital is genuinely moving in.

But now, there’s considerable pressure in the 81K–86K zone. To push higher, you first need to chew through that wall.

Personally, I’m watching two levels: whether 83.3K can hold and whether 80K can be defended.

If it holds, there may be more to come; if it doesn’t hold, don’t rush to pop the champagne yet
$BTC

This whale has been continuously accumulating HYPE.

In the past two days, across various exchanges, it has bought 387,952 units $HYPE

Yes, it’s 387,952 units worth 31.5 million USD

This this this—this round, apart from ZEC, it’s HYPE that directly held steady at 80+

By the way, is there a chance we’ll see HYPE hit 100+ this year?

My 81 short position is trembling 😨

$ENA The increase over the past two days is quite decent. In the past week, it’s up 58.09%, and the current price is 0.14+.

But the more it surges, the more you should pay attention to what the big players are doing.

Hack VC, this scumbag venture capital firm, has an associated address that’s suspected of selling $3 million worth of $ENA via Wintermute.

Four hours ago, the address 0x2a5…590CF transferred 21.85 million ENA into Wintermute’s recharge address through multiple relays.

Just as ENA started to rise, the chips began moving to market maker addresses. Whether the next step is actually selling or just rebalancing is hard to guess😁
$ENA

5 hours ago, a wallet related to the US government’s seizure of assets connected to FTX Alameda transferred out 24.4 coins $BTC !

So far, the wallet hasn’t moved. Is this going to sell $BTC ?

$BTC

Teacher, has there been any recent attention on U.S. federal debt?

The U.S. federal debt surpassed $40 trillion on August 18. It has already reached $40 trillion, and interest alone is nearing $1 trillion a year.

The head of digital assets at BlackRock also mentioned that the recent rise in BTC is related to the U.S. debt situation to some extent.

In plain terms, people have started to worry that the debt snowball in the U.S. dollar system is getting bigger and bigger, so assets like gold and BTC are being brought back as “safe havens.”

BTC’s short-term rise and fall still depends on liquidity, but the story of U.S. debt can’t be solved in just a day or two.

The bigger the debt snowball becomes, the more it continuously adds a long-term narrative for BTC.

The U.S. borrows money, and the big pie is responsible for rising?
$NVDAB

Well, look at this—the big move seems to be heading toward $80k.

Have these past couple of days' emotions already been digested about enough? Getting ready for the next takeoff?

On one side, Strive just spent $81.5 million to buy BTC again; on the other, BitMine added another 32,000 ETH in a week. Institutions clearly think they don't have enough chips on hand.

Especially BitMine: its ETH holdings are already close to 5% of the total supply, and it has staked 87% of its ETH—clearly not here to trade a quick round and leave.

I think after the short-term consolidation and digestion are basically done, the next wave is genuinely worth looking forward to. BTC first target is $80k, and don’t underestimate ETH either!

Haha, Trump’s son personally stepped in to refute the rumor.

Over the past two days, the crypto community has been spreading that “Trump’s kid is going to issue tokens again,” making it sound just like the real thing.
But then the person came out and slapped it down directly: nothing like that—don’t spread nonsense.🤣

That said, cutting the “wheatgrass” right as soon as it sprouts—there’s a bit of a lack of sportsmanship. At least wait for the project to grow a little.

But you’re saying this has nothing to do with $TRUMP ? I don’t believe that.

It’s just too coincidental: at the same moment the refutation message came out, 3,837,000 TRUMP
(valued at $9.33 million) had, about an hour earlier, been transferred out from the team address—then routed through BitGo straight into OKX.

The timing is so precise it’s more accurate than a TV drama.
You’re telling me this is a coincidence?

That’s just too insulting to people’s intelligence.

If you ask me, this script is all too familiar: first, release a rumor like “going to issue tokens again” to attract attention; once the market heats up, the team address quietly offloads; and finally, the refutation comes in to wrap it up—perfect closed loop.

While the wheatgrass is still debating “whether or not they’ll issue tokens,” their money has already been safely pocketed.

$TRUMP

Samsung plans to return up to 1.1 million trillion won this year (US$80 billion) to shareholders, setting a new record—5 times higher than the record in 2020. Where does the money come from?

Demand for AI chips has exploded. In Q2, net profit surged nearly 13-fold year over year.

The combination of buybacks and dividends is what’s being thrown at the market, and the stock price jumped 3.87% on Friday. Over at SK Hynix, they’re also buying back shares. Both semiconductor giants are collectively showing off their "cash-generating" ability. The message is clear: this AI wave really can make money.

When it comes to making money, the contrast is stark: Samsung is using cash to buy back its own shares and reward shareholders—an unequivocal vote of confidence. Meanwhile, on the crypto side, a certain big whale is busy moving BTC to exchanges to sell. One buys, one sells—the vibe couldn’t be more different.

At times like this, Samsung’s cash power can help put a thumb on the scale for the market, and it also serves as a concrete footnote to the "AI bull market." $SAMSUNG

Over the past couple of days, there have been a few big moves on-chain, and it feels like the market’s selling pressure is slowly starting to show up:

1️⃣ 7 Siblings sold more than 26,000 ETH in one go, worth over $62 million. Even though they still hold $760 million worth of ETH, selling at this scale still creates quite a bit of pressure.

2️⃣ Jump Crypto transferred 1,140 BTC to Binance, close to $89 million. Transfers to exchanges usually aren’t just for sightseeing.

3️⃣ Multicoin Capital also moved $14.54 million worth of HYPE into Coinbase, and the selling intent is similarly quite obvious.

It’s still too early to say institutions are collectively bearish, but big money has begun moving its chips to exchanges—this is definitely a signal worth keeping an eye on. Don’t get too carried away in the short term; the market may still need to digest this selling pressure.
$ETH $HYPE

Another Bitcoin mining company is set to list on the US stock market. However, this one clearly follows a "small but excellent" approach.

Key highlights:

Bitari filed an S-1 with the SEC, planning to IPO on Nasdaq, raising $30 million
To issue about 4.28 million shares at $7 per share
Ticker symbol BIAI

Quick look at a few points:

1️⃣ The mining scale isn’t small
It already has a 20MW mining facility in operation, and two other 20MW projects are also underway, for a total planned capacity of 60MW.

2️⃣ What is this financing for?
The main goal is to expand infrastructure. Bitcoin mining isn’t just about mining rigs anymore—power supply, sites, and operational capabilities are the real barriers.

Now, when mining companies IPO, they’re essentially betting that the Bitcoin mining industry can keep expanding in the future. Bitari isn’t especially large yet, but if the subsequent mining sites come online smoothly, the story will be easier to sell than a simple "mining Bitcoin" narrative.
Still, whether the IPO proceeds can truly be converted into production capacity is the key thing worth watching next.

Risk point: all three mining sites are in planning or construction, and only one 20MW facility is actually already operational, so the revenue scale is very limited.

$BTC

Recently, I’ve been working on the axisrobotics robot project. This is the first project after Kaito’s recovery.

I feel like it shouldn’t be bad. Also, with so much FOMO in the robotics scene right now—big Hair Alert!

Last night, I played from 8 p.m. to 10 p.m. and somehow managed to complete more than thirty tasks. It’s clear I’m gradually getting the hang of it.

It feels like new players at the beginning will probably be just like me:

Open a task → utterly confused → spend half a day figuring out what exactly you’re supposed to do.

Let me share a few small tips I’ve figured out so far, for friends who are just starting.

Step one: first, look at the English task name at the top-left.

After you join a task, immediately check the task description in the top-left corner.

Once you know the task name, you basically know what we’re going to do next.

For example, in the picture I took, the task is: place the toothbrush to the left side of the toothpaste.

Step two: double-click the target object.

After you find the thing that needs to be moved, you can just double-click it.

That way, the robot arm will move to the target position faster, and then we can fine-tune it ourselves a bit afterward—saving a lot of time.

Step three: watch the blinking frame on the desktop.

After picking up the object and moving it, a blinking frame will appear on the desktop.

At this point, don’t overthink it—just move the item into the area of that frame, and you’ll basically be done.

Of course, these are just the operating habits I’ve figured out so far.

Surely many teachers are already playing at top speed.

If you have faster, more time-saving tips, feel free to share.

I’m going to work myself into the ground.

Link: https://s.kaito.ai/jETvT0y

#撸毛分享

Regarding the CLARITY Act, my judgment is simple:

In the short term, it’s unlikely to pass, but it’s also not that important.
1. The bill matters, but it’s not a must-have option
The core is to use legislation to clearly draw the regulatory boundary between the SEC and the CFTC.
But the Senate has already been blocking it for months—DeFi and stablecoin yield are still being debated, and with the midterm elections, the time window is actually very short.
So I’m not too concerned about whether it passes.

2. What’s really worth watching is probability volatility
Trump’s remarks, the SEC compliance ICO framework, and CFTC Chair Selig’s statements could all make the likelihood of passage jump in the short term.
I opened my position with @bagel_win at within 20%; now it’s already back to 28%.
So:
Don’t bet on the outcome—watch the probability.

3. Regulation has already been stepping in early
The SEC’s compliance ICO channel is essentially laying a track for tokens:
Securities → leaving the securities attribute → commodities

The CFTC is also pushing exchanges, broker-dealers, market makers, and perpetual platforms into the regulatory system, and Hyperliquid will most likely follow this path too.

Plus, with token taxonomy, asset classification, issuance, and trading regulation are all being rolled out gradually.

So, to put it plainly:
Even if CLARITY doesn’t pass, regulation won’t stop.
Of course—what if it does pass? Then consider it as waiting in advance.😏
$BTC
#特朗普敦促国会通过Clarity法案