华尔街加密情报局

December 20, 2024, Friday, is destined to be a black Friday, and also a dark day for many friends in the cryptocurrency circle. We thought that the decline on the 19th was enough. Who could have expected that every time we wanted to make a big move when Trump came to power, Powell would make a big move on us first, leaving us bruised and battered. The losses really made us lose faith, and I also lost a Cullinan today. And tonight I only have one thing in mind: people in the cryptocurrency circle, please pull Powell out and whip his corpse to vent your anger!

Bitcoin's price has officially broken $90,000, marking a historic moment. The breakthrough of $100,000 should come quickly. Many people expect pullbacks similar to when BTC broke through $30,000—waiting for a pullback at $35,000, expecting it at $40,000, only to see it reach $48,000 before starting a pullback. This wave is likely to be the same.
After BTC breaks $73,000, if it does not consolidate and adjust around $85,000, there is over a 90% probability it will exceed $100,000. At the $100,000 price point, many people will still short, and at this time, it is highly likely that to clear contracts, BTC's price will touch around $110,000, then experience a pullback before continuing the next big trend.

When all bad news is quiet, the market will be even louder.
Every cycle is the same—investors' anxiety about whether 'good news realization is bad news' is never absent.

From the end of 2025 to the beginning of 2026, U.S. monetary policy, trade patterns, employment trends, and inflation structure are collectively forming a critical turning point: good news may not come quickly, but the bad news may indeed be exhausted.
But what the market fears most is not bad news, but rather 'uncertainty'. Now, the boundaries of bad news are gradually narrowing, while good news has not yet occurred, but its probability has greatly increased. Therefore, we are at a very delicate point in time—it's not the starting point of a bull market, but the 'liquidity vacuum relief period' before the bull market.

Bitcoin: The Supply Crisis has fully erupted - Where has all the BTC gone?
$90,000 to $200,000, or even $1,000,000, is it a dream? Is it speculation? Or is it the logic of currency deflation?
If you still think that the current Bitcoin price of over $90,000 is high, you might be completely ignoring a super trend that is quietly happening and could change the fate of Bitcoin - the Supply Squeeze.
And this crisis is not caused by miners, nor is it due to exchanges running away, but rather: Bitcoin on global exchanges is evaporating like being drained, while users are not selling but locking it into cold wallets.

This is an in-depth report from Yung Chi coming from Dubai:
At the 2025 Dubai Future Finance Summit, the two most representative figures in the "value reserve system debate": Binance founder Zhao Changpeng CZ and gold bull standard bearer Peter Schiff.

Finally, a rare public discussion took place on the same stage.
The scene of the two is comparable to an epoch-making confrontation in the history of currency: one represents the future of the post-digital utopia and the era of crypto finance; the other represents the guardian of five thousand years of monetary history and traditional value systems.

When everyone thought 2025 was the 'Age of Exploration in the Crypto World', the beginning of a crazy bull market!!!
However, the seawater receded within six months, causing countless people who once soared in the wind to fall back to the ground.
Fervor is not a crime; misjudging the era is.
In the first half of 2025, the crypto industry, under the blessings of relaxed regulations, institutional embrace, ETF enthusiasm, and liquidity expectations, was once seen as the 'Year of Mainstreaming Digital Assets'.

Bitcoin reached $126,000, ETH broke through $4,900, and everyone thought this was the starting point of a crazy bull market, at which point altcoins would refresh the wealth myth with outrageous gains.

The hottest topic these days should be: fake donations, a crazy French kiss with a KOL at an offline event in Dubai, and more hotel activity videos.
The scene is even more passionate than a 20-year-old couple in love, but she seems to have forgotten one thing: she is in Dubai, not in the village, nor in the beautiful country and romantic France.
In Dubai, passionate kissing in public places can lead to imprisonment. Fake donation!

So, this matter is too risky, and ordinary people can't do it; either your figure is not good enough, or you don't have enough guts!

Last night a risky operation led to my WeChat account being banned for 7 days!
It’s hard to think about it!
I hope you all do not continue to step into the pit!
I did this: I tested the law! The final outcome is: banned for 7 days.
Still, thanks to Tencent.

Today I reviewed it repeatedly,
I found out the fundamental reason for this ban:
The reason for the ban is as follows: Yesterday, a fan who has followed my public account for more than two years asked me to add him to the group; he wants to join the group for learning and communication.

By the evening, I finished writing the public account,
Looking at the data and the market, BTC and ETH have started to rise; I feel a decent rebound is coming.

Vanguard Group has been breached: the US wealth management system has fully opened its doors to Bitcoin.
Cryptocurrency assets have been institutionalized, finally ushering in a true era of greatness!!!

1. Two shocking events that have shaken the world: the last bastion of traditional finance has been breached.
In the past 48 hours, two events have occurred in the crypto industry with significance comparable to the 'approval of Bitcoin ETF':
1) The second largest asset management company globally - Vanguard Group
Officially allows the trading of Bitcoin ETF
The management scale is close to 11 trillion dollars
Second only to BlackRock globally
Once the strongest 'anti-crypto front' in the US
The CEO publicly stated last year that he does not recognize the long-term value of BTC

On the night of November 26, 2025, a fire tore through Wang Fuk Court in Tai Po, Hong Kong—several high-rise buildings engulfed in flames, dozens perished, hundreds of families displaced.
Once the news broke, both online and offline exploded: financial institutions, tech giants, crypto exchanges, ordinary citizens... all rushed to 'donate' and 'initiate rescue,' seemingly a storm of love.
But in this overwhelming 'aid wave,' I can't help but ask: after the October 11th crypto bloodbath, who sent a donation for 'bankrupt you' and 'liquidated me'?

On Tuesday, Nick Timiraos, a reporter for the Wall Street Journal known as the "new Fed mouthpiece," dropped another bombshell: Trump has essentially decided to appoint Kevin Hassett as the next Federal Reserve chairman.
If true, this would be one of the most important economic and personnel decisions of Trump's second term, enough to rewrite the fiscal, monetary, and global risk asset trends of the United States for years to come.
As for the crypto market, Yongqi believes this could be a major turning point in structural trends.

I. Trump locks in Hassett: Loyalty > Technological Ability

This round of 'fear cycle' has finally come to an end, as there is only this last month left in 2025. If I had to pick the darkest month for this year's crypto market—November would undoubtedly be the choice. We all anticipated that there would likely be another major sell-off this year, but we didn't expect it to come so early on 10·11, bringing the entire crypto market into a bear market.
The past month: a dark November
The global cryptocurrency market value has fallen for three consecutive weeks; BTC has twice broken through key moving averages, dropping to around 80,000 USD, with over 1 million people liquidated in the futures market, and ETF funds continuing to flow out.

I originally thought I would lie in my hometown, a friend's happy event could bring some joy!
As a result, my BTC experienced a waterfall drop, and what I thought was a surprise turned into a scare. I also knew before that if $81k was the bottom, then there would be at least three chances to test this position to confirm it as the true bottom.

But today, with over 240,000 people and nearly $800 million in liquidation amounts across the network, it makes me reflect deeply again:
Has the trend changed? Or has BTC confirmed a bearish trend?
Is the interest rate hike in Japan in December going to exacerbate the bearish trend?
So does the Federal Reserve's rate cut in December still have a big impact on the market?

The People's Bank of China reiterates its call for a crackdown on cryptocurrency speculation—the underlying logic and historical context of the central bank's policies in 2025.
The phrase "crack down on speculation" has once again ignited the market's sensitive nerves.
At the end of November, the People's Bank of China reiterated that it would continue to crack down on speculation in virtual currency trading to prevent the spillover of financial risks.
This statement alone is enough to put the entire crypto industry on alert in an instant. But what makes 2025 special is that: China's monetary policy, international financial competition and cooperation, the AI ​​and payment technology revolution... these factors are all overlapping in the same time window for the first time.

When the BTC price fell below 100,000, 90,000, and reached a low of 81,000 USD, you would always hear a voice beside you: 'Brother, I said long ago, the bear is here!' 'It's a bear market, and you still hold onto it?'
Actually, at this moment, I just want to silently reply to him: Brother, are you experiencing the big purge of 10.11, bringing you back to before liberation! The bull and bear market no longer has anything to do with you.
When the market once again stood above 90,000 USD in these past two days, he said again: 'The end of the year market may break through 200,000 USD. The 80,000 position has already been confirmed as the bottom.'

What truly prevents you from making money in this world is not the environment, not the market,
but rather that thought in your mind: 'Forget it, I don't deserve it.'
Arthur Hayes Family Office criticizes Pantera: $100,000 turned into $56,000, exposing the brutal truth of crypto funds
The hottest insider news in the crypto world recently is not about a project soaring in value,
Instead, it was Akshat Vaidya, the investment director of Arthur Hayes Family Office Maelstrom, who personally came out to criticize Pantera Capital—with real loss data.

He revealed in a post on X (formerly Twitter): Four years ago, he invested $100,000 in Pantera's Early-Stage Token Fund, and now only $56,000 remains, a 46% loss.

Brother Sun, got cut! Can you believe it? — The man most skilled at 'cutting' in the crypto circle has also become the one who got cut this time.
Brother Sun suddenly 'reported to the police', the entire crypto circle was stunned.
Yesterday, the crypto circle welcomed a piece of news that can be called a 'annual plot twist': Sun Yuchen held a media briefing on the progress of global judicial pursuit of (TUSD reserve assets).
Yes, you heard it right. This person once known online as 'Sun Cut', this man famous for 'cutting others',

this character that is always flamboyant, always aggressive, and always strong in the industry —
Suddenly started crying out: I got cut! I really got cut!!! Now I want to pursue global judicial cross-border action.

When Shell started accepting Bitcoin: The global monetary system is being rewritten
In November 2025, a seemingly inconspicuous piece of news stirred hidden ripples in the crypto world: The global oil giant Shell's authorized site in South Africa began accepting Bitcoin payments.
If this sentence is extended, its true meaning is - Bitcoin has been introduced into the real business scenarios of global energy giants for the first time.
Energy is the 'foundation of foundations' in modern society; and when energy giants begin to integrate Bitcoin into payment, settlement, and business processes, it indicates not just one company 'trying something new', but that Bitcoin is being embedded into the most solid underlying structure of the global trade system.

On November 24, 2025, Trump signed a document at the White House that shook the global tech community: the Genesis Mission executive order—the White House described its scale and urgency as comparable to the Manhattan Project during World War II.
This is the first time the U.S. has unified AI + national strategy + industrial foundation + scientific research system into a national-level technology project. This is not just a technology policy; it is likely to become a core variable reshaping the global tech landscape and financial system.

The cryptocurrency sector will feel the tremors earlier than any other industry.

In the past few months, have you also felt a strange 'pattern' emerging?
Seemingly unrelated headlines suddenly begin to resonate with each other; some bizarre market trends no longer seem like random events; institutions are behaving more aggressively, and the media's tone is becoming increasingly extreme; political narratives are shifting from cultural division to 'order reconstruction.'
Many analysts are still using macro models from 1970–2010 to explain the current world, but reality is tearing apart the old framework.
We are in a rare moment: not a monetary cycle, not a partisan struggle, not a crypto bull or bear... but a real 'currency regime change.'