In a Bear Market, to enhance sustainability, DeFi protocols have introduced their own stablecoins, such as Aave's GHO and Curve's crvUSD. These stablecoins create new revenue streams for the protocols, help diversify development, and enhance the appeal of their Tokens, while potentially triggering governance bribery and a low Intrerest Rate credit frenzy, injecting new vitality into the DeFi market.

Singapore has recently tightened its Web3 regulatory policies, implementing the digital Token service provider (DTSP) framework, which will expand the regulatory scope and strengthen Compliance requirements, thereby forcing companies to establish substantial operations. This shift may trigger industry reshuffling and rising operational costs, and in the long run, will promote market stability and reliability.

In 2025, the crypto market presents a dual competition pattern between ETH and SOL. ETH is regarded as the core of long-term asset allocation, attracting traditional capital and having institutional support; while SOL has become a short-term catalyst, focusing on consumer applications and speculative funds. The two are not substitutes for each other, but rather form a complementary preferred combination based on different investment demands according to various cycles and risk preferences.

As US debt surpasses 36.4 trillion dollars, the internationalization of the dollar faces risks. The article explores the impact of the US debt crisis and the potential of Bitcoin, believing it can play an important role in future international Settlement. Despite facing challenges, Bitcoin has the potential to become an international currency.

WOO COO Willy introduced the company's differentiated strategy through innovation in an interview, including the launch of Reverse copy trading social trading products. WOO also adjusted the Token economic model to drop inflation and optimize Liquidity. Willy emphasized that the combination of AI and Decentralized Finance should simplify operations and lower the threshold, believing that new forms of social interaction based on AI may emerge in the future. The market outlook is optimistic, and promoting differentiated competition will bring more rise opportunities.

The price fluctuation of Ethereum is behind a complex market mechanism, including retail investors concentrating on going long and institutions' hedging strategies. The funding rate and leverage demand create a fragile liquidity structure, which can lead to severe price volatility. The market depth is not real, retail investors face liquidation risks, while institutions profit through arbitrage. The overall market stability relies on the funding environment; once the incentives disappear, liquidity will quickly vanish, leading to a collapse. Participants need to be aware of this structural risk.

The New Trend of Listed Companies: Analysis of the Cryptocurrency Reserve Economic Model
Introduction
By mid-2025, an increasing number of publicly listed companies are starting to incorporate Crypto Assets (, especially Bitcoin ), into their asset allocation. Data shows that in June 2025 alone, 26 new companies added Bitcoin to their balance sheets, bringing the total number of companies holding BTC globally to about 250.
These companies span multiple industries and regions. Many companies view Bitcoin's limited supply as a tool against inflation and emphasize its low correlation with traditional financial assets. This strategy is quietly becoming mainstream: as of May 2025, 64 companies registered with the SEC collectively hold approximately 688,000 BTC, accounting for about 3-4% of Bitcoin's total supply. Analysts estimate that over 100-200 companies worldwide have incorporated crypto assets into their financial statements.
Model of Crypto Assets Reserves
When listed

South Korea's new president Lee Jae-myung will promote reforms in encryption asset policies with the goal of making South Korea a digital asset hub. He has promised to support the construction of the digital asset ecosystem, allow token issuance, promote Spot ETFs and stablecoins, expand public fund allocation to encryption assets, and relax exchange regulations while reducing tax burdens. This marks a significant potential change in South Korea's encryption policy, and the market is showing interest in this.

In December 2024, the US economy performed steadily, with non-farm employment and CPI data meeting expectations, while the Fed's interest rate cuts narrowed, triggering market fluctuations. Looking ahead to 2025, institutional investors are optimistic about the crypto market, as the establishment of regulatory frameworks and the emergence of new products indicate more investment opportunities, but short-term risks should be taken into account.