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24H Hot Coins and News | SEC Member: Bitcoin ETF physical redemption mechanism may be implemented, and related applicati | Bee Network

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Some traders believe that the market will continue to bottom out after a weak rebound.WSJ: The GENIUS Act may force Tether to undergo an audit, making it the “biggest loser”Tether CEO: Not pursuing short-term profits, will bet on AI, decentralized infrastructure, etc.CryptoQuant analyst: Bitcoin inflow/outflow ratio remains high, indicating that demand remains strongRelated: Trapped in Price Beliefs: The Psychological Black Hole of 90% of Crypto Investors Original author: hitesh.eth Original translation: Luffy, Foresight News People’s perception of token issuance stems from evolutionary trends. In cryptocurrencies, evolutionary trends often carry the memory of past profits. What matters is not just what happened in the past, but the patterns that worked in the past. Therefore, most participants are not really betting on fundamentals, but trying to recreate the moments that made money in the past, subconsciously chasing historical highs by repeating the same behavior. In this market, there are participants from different time points: Some are “old players” before 2018; Most of them are the group that entered after 2020; There are also new on-chain users who have joined in the past three years. 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