DAOTruant

Are cryptocurrency presales really profitable? I think many people have that question. There are various stories floating around online about 1000x or 20x returns, but let's organize what the reality actually is.
First, it's important to recognize that the returns from presale investments can really vary widely. Some rare cases like Shiba Inu have yielded nearly 1000x profits, but that's truly an exception. There are also cases like Tamadoge with 19x and Lucky Block with over 60x, but as the market matures, such levels of returns are decreasing.
Realistically, you can expect around 2x to 10x.

Recently, I have been reflecting on the early history of Bitcoin. Without the existence of a person named Hal Finney, the current world of cryptocurrencies might not have existed.
Born in 1956, Finney was not just a technician but a true pioneer in the field. After studying computer science at the California Institute of Technology, he gained deep knowledge of cryptography while working on the development of PGP alongside Phil Zimmermann. That expertise would later be applied in the world of Bitcoin.
Hal Finney became involved with Bitcoin in 2009. He was invited by Satoshi Nakamoto to test th

Interesting personnel movements are happening in the luxury industry. News has circulated that Antoine Arnault has been appointed to the LVMH Executive Committee, and I feel this is not just a simple personnel change but an important decision indicating the group's future direction.
How Bernard Arnault will transfer power to the next generation has always been a key point for luxury industry watchers, but Antoine Arnault's appointment makes that intention quite clear. Bloomberg also reported this extensively, and within the industry, this move is being taken very seriously.
With Antoine Arnaul

If you’re involved in technical analysis, you’ll probably run into the question “What is VWAP?” at least once. Among various indicators like RSI, MACD, and Bollinger Bands, what exactly role does VWAP play?
Actually, the most basic and underrated indicator is volume. It can be used for trend confirmation, identifying reversal points, building strategies... for all of it. And that’s where the answer to “What is VWAP?” comes in. It’s an indicator that combines volume and price action.
VWAP stands for “Volume Weighted Average Price.” Put simply, it’s the asset’s average price over a given period,

I often get questions about what dominance is. It’s an important indicator that shows the proportion of Bitcoin in the overall cryptocurrency market, but in reality, many people do not understand it accurately.
Simply put, dominance is the percentage of Bitcoin’s market capitalization relative to the total market capitalization of all cryptocurrencies. For example, if Bitcoin is worth $9 billion and all other altcoins combined are worth $1 billion, the dominance would be 90%. Currently, it’s around 57%, but in the past, it has been in the 60-70% range.
The reason why this is important is that

That story about “Japan’s strongest future person,” Rei Kokubun, is trending again, but this person’s collection of predictions is honestly so scary-level accurate. The number of gold medals at the Tokyo Olympics, the Nikkei average’s massive crash, the timing of former Prime Minister Abe’s resignation… things like this keep turning into reality one after another, so her followers genuinely believe that she might really have come from 2058.
She claims she was born in 2034, and apparently she arrived in the present by a time machine in December 2019. At that time, she supposedly bought around 1

There is no shortage of talk about scam coins in the crypto market. Cases where the value drops to almost zero right after they become well known are happening one after another, and these are all designed to trick investors. In fact, crypto scams are far more cunning than many people imagine, and many have suffered major losses.
Looking at typical patterns of scam coins, they first promise enormous profits. After that, either the project team absconds with the funds, or the platform stops functioning. Learning about these scam cases is the first step toward protecting your assets.
First is th

Recently, I find myself thinking more about what price action really is. It’s a method of interpreting the market directly from the movement of prices themselves, without relying on complicated indicators, and in fact, this is an extremely simple yet powerful approach in the world of stock trading.
In essence, price action involves keeping the chart clean and focusing solely on price movements over time. Instead of relying on complex calculations or lagging indicators, it’s based on the idea that the collective behavior of market participants is directly reflected in the price. In other words,

The trending “future person,” Reiko Kokubun, is once again drawing attention online. She claims to have come from 2058, and because some of her past prophecies have come true, she has come to be called “Japan’s strongest future person.” Things like the number of gold medals at the Tokyo Olympics, the crash of the Nikkei 225 in 2020, and the timing of Shinzo Abe’s resignation—there does seem to be a certain accuracy rate.
Recently, it’s become a talking point that Kokubun has been speaking about her cryptocurrency investment strategy. According to her, she bought a large amount of more than 1,4

Jensen Huang's comments at the Davos Conference are quite intriguing. He points out some highly suggestive insights regarding the three major breakthroughs in AI models over the past year.
First, the emergence of Agentic AI. Until now, AI models had remained in a theoretical stage, but with the approach of agent-based models, practical implementations in research are becoming a reality. As Jensen Huang notes, this is not just a technological evolution but a significant turning point in the commercialization of AI.
Second, the expansion of open-source models. The advent of open-source inference

Looking at the Beige Book, it seems that the pace of the U.S. economic recovery is becoming more optimistic than expected. What we can see from the Fed report in mid-January is that economic activity has increased modestly to moderately in 8 out of 12 districts. Since the previous three reports mostly showed stagnation, this is clearly an improvement.
Employment is almost stable. There are no significant changes in employment activity in any of the districts, which is not bad. Consumer spending is also increasing modestly to moderately, likely supported by holiday season demand. The Beige Book

I've been paying close attention to recent developments from the FRB. Chairman Hamak has said, “Given the current economic outlook, the FRB’s accommodative stance no longer fits.” In other words, it seems the era of financial easing is moving toward an end.
It’s not just that—Chairman Kashkari also holds a similar view. Even if the Strait of Hormuz were to reopen soon under a “convenient scenario,” the inflation rate would remain elevated, and it would be necessary to keep interest rates unchanged for a while. That means the rapid rate cuts the market is expecting aren’t coming.
More important

I was listening to a recent conversation with Larry Fink, and I thought, this person’s view of the market is truly profound. Speaking from the position of Chairman and CEO of BlackRock, where he manages $12.5 trillion, it doesn’t feel like mere corporate strategy—it feels like you can see a picture of the future of the entire financial market.
What was especially striking was his point that it was the personal computer that truly changed Wall Street. In 1983, it was introduced into the mortgage lending division, which created the ability to restructure cash flow. This marked the beginning of t

Bitcoin has surpassed $80k. Looking at recent market data, BTC has been trading in the $80k range, currently around $80,980. In the past 24 hours, there has been a slight correction, with a movement of about -0.06%.
The $80k mark is a significant psychological milestone, so how the market breaks through this level is a key point of focus. Based on market data, many traders seem to be observing and waiting at this price range. It may fluctuate in the short term, but whether it can sustain above $80k will likely determine the next trend.

ビットコイン2026カンファレンスでアーサーヘイズが放った最新スピーチが話題になってます。BitMEX共同創設者のアーサーヘイズが年末のBTC目標価格を12.5万ドルに設定したわけですが、その根拠が面白い。単なる強気予想ではなく、マクロ経済と地政学を絡めた「戦時インフレ理論」に基づいているんです。
まず注目すべきは、アーサーヘイズが指摘するAIデフレの脅威。SaaS企業が1万ドルの製品をAIで10ドルで実現できるようになり、知識労働者の失業が加速する。これが銀行システムに数千億ドル規模の信用損失をもたらす可能性があるという分析です。昨年10月から今年2月末までビットコインが50%近く下落したのは、この信用収縮懸念が背景にあったとアーサーヘイズは見ています。
しかし、ここからが重要。戦争が本格化する中、米国は防衛費を大幅増額。国防予算は過去より50%増の1.5兆ドルに達しています。政府が爆弾製造や兵器生産に資金を注ぎ込む状況では、銀行の融資需要が急増する。4月1日に施行された新しい銀行規制（ESLR）により、銀行はバランスシートのレバレッジを高められるようになり、S&Pグローバルの推定では1.3兆ドルの新規融資が生まれるとのこと。
アーサーヘイズの見立てでは、FRB議長候補のケビン・ウォーシュ氏は「超タカ派」ではなく、実は中立的。バランスシート縮小という話も、実際には連邦準備制度から

Bitcoin has fallen below the $80,000 mark. Looking at the recent movements, it seems that the upward momentum of cryptocurrency prices is weakening. The overall market mood appears to be more cautious, and traders are also becoming more careful.
Currently, Bitcoin is trading in the $81,000 range, but the battle at this level continues. During times when cryptocurrency prices are sluggish, it may be wiser to wait and assess the next position rather than forcing purchases. You can see that market sentiment has changed quite a bit over the past few days.
Among traders, there's a growing sense of

It seems that Bitcoin is once again facing resistance around $80,000. Looking at the price movements over the past few days, it feels like the upward momentum is becoming more sluggish. Market participants are divided in their opinions, with some analysts viewing the current correction as temporary.
Currently, BTC is trading around $81,160, with a slight gain over the past 24 hours. How it breaks through this level will likely be the next key point. Some see this as a correction phase, while others consider it just a pullback. In any case, it seems worthwhile to watch how strong the resistance

The virtual currency market in Hong Kong is showing some movement again. The founder of a major Chinese industry player is planning to involve a private trading division with a Hong Kong-listed asset management company. It's clear that Hong Kong is increasingly establishing itself as a cryptocurrency hub in Asia. Movements by such large companies tend to influence the entire market, so I'm paying close attention. With Hong Kong's cryptocurrency regulations also progressing, it will be interesting to see how much further it expands in the future.

Bitcoin continues its upward trend, but with the FOMC decision approaching, I think we're in a pretty risky situation. Before such important economic events, markets tend to move significantly.
With the entire cryptocurrency market watching closely, Bitcoin is no exception. Depending on the FOMC announcement, there's a good chance it could suddenly be sold off. That's the so-called "news selling." The more it's rising, the easier it is to overlook these kinds of risks.
Recently, cryptocurrency price movements have been closely linked to monetary policy, so until the FOMC results are out, cauti

Recently, there’s something I’ve been concerned about when thinking about the future of the cryptocurrency market. That’s the reliability of information sources.
How media outlets write their articles, based on their policies, is actually quite important, I think. Especially in the crypto industry, where the quality of information can influence investment decisions, it’s even more critical. Industry media like CoinDesk emphasizing editorial independence and transparency about conflicts of interest actually serve as important signals for users.
The principles they adopt are integrity, editorial