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Real Vision Founder: Bitcoin This Cycle Will See a "Five-Year Cycle," Highly Likely to Peak Next Year Q2

3 hours ago

On September 25th, Raoul Pal, the co-founder and CEO of Real Vision, stated in his latest podcast released the day before that Bitcoin is now imitating the ISM (Institute for Supply Management Index, that is, the "business cycle"). The core concept is that Bitcoin is now following the ISM, and interest rates are also following the same rhythm. During the 2021 - 2022 fiscal year, the Treasury extended the weighted average maturity of the debt from 4 years to 5 years. As a result, the entire cycle has been forcibly elongated by one year - the original "four-year cycle" has become a "five-year cycle." The model shows that the ISM will reach its peak in 2026; liquidity is likely to reach its peak in advance because the second derivative of the ISM (the rate of change) will turn first. "Our speculation is that the real peak will occur in 2026, most likely in the second quarter."
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SharpLink: Ethereum Reserve Strategy Surpasses $500M in Unrealized Gains

On September 25th, SharpLink made an announcement. Since June 2, 2025, when it initiated its Ethereum reserve strategy, SharpLink currently holds an unrealized profit of $500 million. This accomplishment was achieved not only through acquisitions but also by staking nearly 100% of the ETH. Currently, SharpLink has 838,728 ETH on its balance sheet, enabling it to generate daily returns in a strong financial position.

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Ohio Promotes Acceptance of Cryptocurrency Payments for State Government Fees

On September 25th, the Ohio State Board of Deposit gave unanimous approval to select a vendor for processing cryptocurrency payments (including Bitcoin) for the payment of state government fees and services. This is the latest action in the state's integration of cryptocurrency into the public finance system. “Each year, my office processes tens of thousands of transactions. I commend the board for taking bold actions to place us at the forefront of the emerging digital economy,” Ohio Secretary of State Frank LaRose wrote on Twitter on Wednesday. This approval marks the end result of months of efforts since April of this year. At that time, LaRose and State Treasurer Robert Sprague advocated for the board to authorize the acceptance of cryptocurrency payments. The proposal was unanimously passed in May but required final vendor approval, a crucial step that was completed on Wednesday. In a statement, LaRose said, “We are among the top five states in the nation for doing business beca

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Renowned Trader TechnoRevenant Sells Off 377,000 HYPE Tokens Again, Worth Approximately $16.2 Million

On September 25th, according to mlm monitoring, during the past week, the renowned trader TechnoRevenant has begun to reduce his position on the EVM. This includes exchanging 625,000 KHYPE tokens (valued at $26.6 million) for HYPE. His sell-off operation at one point led to the KHYPE price unpegging by as much as 10%. It is estimated that his holdings on these EVM protocols are approximately 1.4 to 1.5 million HYPE tokens (around $60 to $65 million). In the past 7 hours, he has sold 377,000 HYPE tokens (approximately $16.2 million).

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Andrew Kang: Ethereum is Luna 2.0

September 25th. Andrew Kang, the founder of the crypto venture capital firm Mechanism Capital, made reference to his prior criticism of Tom Lee in a post, stating that "Ethereum is Luna 2.0." Andrew Kang directly characterized Tom Lee's theory about ETH as "idiotic" and presented five major counterpoints, which caused a commotion in the industry. These counterpoints are as follows: The widespread adoption of stablecoins and RWAs will not lead to the expected returns; The analogy of Ethereum as "digital oil" is not precise; Institutional buying and staking ETH? It is pure fantasy; Is ETH equivalent to the total value of all financial infrastructure companies? It is completely absurd; The technical analysis of ETH clearly shows that it is still within a multi-year consolidation range, and the recent price surge was quickly rejected after hitting the upper boundary.

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Capital Group Becomes Metaplanet's Largest Shareholder, with a Holding Value of $500 Million

September 25th. Simon Gerovich, who is the CEO of Metaplanet, a Bitcoin Treasury company in Japan, disclosed in a post that Capital Group has become the largest shareholder of Metaplanet. Currently, it holds 11.45% of the company, with a market value close to 500 million US dollars. Capital Group is a mutual fund giant with a 94-year history and is known for its conservative investment style. Its holdings in Bitcoin-related stocks have increased from 1 billion US dollars to over 6 billion US dollars. According to The Wall Street Journal, Mark Casey, a portfolio manager at Capital Group with 25 years of experience, led the company's entry into Bitcoin. Casey stated that his investment style was greatly influenced by Benjamin Graham and Warren Buffett, but he has now become a proponent of Bitcoin.

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After a short-term surge of over 8%, POPCAT has retraced, with a current market capitalization of $212 million.

On September 25th, perhaps due to the "Bithumb to List POPCAT" news, POPCAT experienced a brief surge of over 8% and then pulled back. Currently, its market capitalization stands at $212 million.

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