CryptoK

Frontier Tech Reserch | Codeaholic | Permissionless matters |

(Opinions are my own,not financial advice.)

[CryptoK @Kevin_7758258]

@JensenHuang @nvidia Wait for you for a long time jensen ! ! !

[CryptoK @Kevin_7758258]

😂😂🤣🤣

[KK.aWSB @KKaWSB]

马斯克怒怼记者，给出教科书级别的反击：

记者：这就是为什么人们讨厌你。我的意思是，有些人确实讨厌你。但你明白为什么吗？”

马斯克： “也许有些人确实讨厌我。这很可能是真的。我不在乎。但正如你指出的，有2.5亿人关注我，这说明喜欢我的人比不喜欢我的人多得多。而且我认为，比你意识到的更讨厌你和媒体的人也多得多。”

[Hunter Horsley @HHorsley]

[Person with an exceptional track record of predicting the future trajectory of tech:]

“The grand unification of AI and crypto is what's about to happen now”

"I think AI is the crypto killer app"

[Levi @LeviGMI]

Threadguy shares the harsh reality for the average crypto user

"For every 3 miserable, horrific, terrible, painful, insufferable years you get 1 of the most euphoric, unreal, hard to even fathom its happening, years of your life"

[Ansem 🐂🀄️ @blknoiz06]

haven't seen one bullpost since the bottom targeting all time highs this year btw, not a single one

[Chapo @ChapoGrimey]

With the GENIUS Act (the first major U.S. stablecoin framework) already signed into law and set to ramp up early next year, and the CLARITY Act potentially adding broader market structure rules soon,

$CRCL is uniquely positioned. If regulatory tailwinds hit as expected, this could be one of the stocks with the strongest setup to push toward new all time highs.

Friendly reminder also $CRCL (Circle) just became the first company to receive final OCC approval for a federally chartered national trust bank focused on digital assets Circle National Trust.

Good morning, new aths are near.

[Digital Assets Daily @AssetsDaily]

If the Whitehouse ethics agreement is accepted and the Clarity Act is passed this month… We’ll see the biggest bullrun in crypto as we merge now into utility and the DTCC goes full speed ahead this October!

[Andy @andyyy]

Ethics is the biggest issue with CLARITY right now.

There's nothing else stopping this bill really at this point...August 10th is the deadline. Let the political games begin (and end, hopefully, so we can continue on our mission as an industry).

The unlocks post-CLARITY are massive for institutional capital onchain, new entrants in the market, and a wide variety of new possibilities with the convergence of DeFi and finance.

Let's get this done.

[Wilberforce Theophilus @Eze_Wilberforce]

One major issue delaying the CLARITY Act was the ethics package.

Democratic senators raised concerns that President Trump and his family could personally benefit from the legislation due to their crypto business interests.

President Trump has now agreed to the ethics provisions, which include stronger conflict-of-interest rules, disclosures, and investor protections.

This resolves the main roadblock and clears the path for updated bill text.

Republicans are ready, many Democrats are supportive, and America is ready for regulatory clarity.

It’s time to pass the CLARITY Act.

[Matt Hougan @Matt_Hougan]

Agree with @scottmelker here. For many months, the market was overestimating the odds that CLARITY would pass. Now, it's underestimating those odds.

If this thing passes, winter is over.

[Conor Kenny @conorfkenny]

🇺🇸 Senator Kevin Cramer says the main delay on the CLARITY Act is giving Democrats time to review the latest ethics-related amendments.

He made it clear he wants the bill passed before Congress breaks for the August recess.

[jesse.base.eth @jessepollak]

It's time to pass the CLARITY act.

giving onchain builders in the US regulatory certainty will unlock an incredible amount of new innovation.

[BSCN @BSCNews]

Coinbase says the CLARITY Act is close

"Tremendous momentum." That's how @coinbase's vice chair Ryan VanGrack (@RVanGrack), a former SEC official, described the CLARITY Act on CNBC, ahead of a possible Senate floor vote this week.

He says Democrats won concessions on consumer protections, from insider-trading safeguards to closing what he calls an FTX loophole. However, a merged draft last week dropped the ethics provision that the Democrats demanded, and several came out against it.

[Simon Dedic @sjdedic]

If you're wondering why the market is green today:

The ethics clause on the CLARITY Act appears to be resolved.

That single provision, the conflict-of-interest rule around government officials' crypto holdings, is what held this entire bill hostage for months. Democrats pushed hard for it while Trump kept filling his bags with one crypto scheme after another and dumping on retail.

But it now seems like real progress has finally been made, with the White House reportedly conceding to language described as "more aggressive than anything seen before."

Next up: a Senate floor vote before Congress leaves for August recess on Aug 7th.

Why this is arguably the single biggest catalyst crypto and especially alts have right now (and maybe ever had):

CLARITY ends the decade-long jurisdictional war between the SEC and CFTC and permanently codifies which assets are commodities into federal law. No future administration can undo it with a memo. It replaces a decade of "regulation by enforcement" with actual written rules.

What that unlocks:

Institutional capital that has been stuck on the sidelines. Pension funds, sovereign wealth funds and the largest asset managers can't hold unclassified assets for compliance reasons. Remove that barrier and they can finally allocate using the exact same frameworks they use for equities and bonds.

JPMorgan itself literally called this the trigger that opens the floodgates.

On top of that, we get real developer protection, which means more innovation from talent that finally isn't scared away anymore.

And real user protection, with rules that would have made any FTX-like collapse structurally impossible. The same kind of collapse we're still suffering from reputationally to this day.

And here's the tell: look how much the market moved on just a small procedural win like this. Now imagine what happens when the whole thing actually passes.

For reference, when the GENIUS Act was signed last July, total crypto market cap crossed $4 trillion for the first time.

CLARITY is bigger. Much bigger.

[Simon Dedic @sjdedic]

The market is wildly underestimating the odds of the CLARITY Act passing.

On top of that, people don't even realize that while the GENIUS Act was signed into law, it only becomes effective in January 2027.

The floodgates for crypto's biggest killer use case aka stablecoins are opening in less than 6 months.

And the biggest catalyst for onchain businesses aka alts is now within reach too.

Looking at the market, these haven't been priced in yet. But hey, they're only the biggest catalysts our industry has ever had.

[CryptoK @Kevin_7758258]

@heyibinance @Binance_Ethan 一姐， binancecoin:native 还有救吗？最近可是大幅跑输 ethereum:native 和 bitcoin:native 啊。

[CryptoK @Kevin_7758258]

@theunipcs gogogo ! ! !

[CryptoK @Kevin_7758258]

@RobinhoodApp Robinhoooooood ! ! ! !

[XinGPT🐶 @xingpt]

《龙虾时刻与DeepSeek 冲击》

Kimi K3 全网一片赞誉，都说要对标Fable5；中国大模型的崛起让OpenAI、Anthropic的定价开始产生质疑。Deepseek冲击每隔一段时间肯定会发生，只要美国大模型厂几个月没有新东西拉开差距，中国大模型就会以 1/20 之一的价格和 90% 的能力把美国竞对卷进价格战。

那么从投资来说，也是一个渐进往返的关系：美国大模型受到冲击，半导体Capex高投入难持续，与中国大模型和国产算力链相比，美国投入的性价比遭受质疑，也就是Deepseek moment。
Capex投入少的公司，现金流强的公司比如苹果、腾讯就会涨，Capex投入多的，现金流吃紧的公司比如亚马逊就会跌，半导体产业链（存储、CPU、光模块……）也会跌；

几个月后，美国大模型继续推出新品开始拉开差距，半导体超级周期继续发动，云厂继续投入；投入多的公司和半导体产业链继续上涨，类似于年初的龙虾爆发+Opus 4.6；Agent智能经济引爆了Token需求。

AI的发展就是曲折前行的，DeepSeek冲击与龙虾时刻每隔半年就开始交替出现。

这个模式有两个终局：
健康的终局是美国大模型继续发力拉开差距，云厂收入ROI开始持续好转，有现金流继续投入，半导体需求继续增加，供需两旺，你好我好大家好，继续跳舞继续high；

悲惨的终局是美国大模型再也上不去了，每次更新都是渐进式的，而非跳跃式的；类比iPhone年年换新，但是iPhone4 之后就逐渐没有了革命性的差距，年年挤牙膏；

云厂投入巨大但是现金流还是无法转正，ROI持续萎靡。中国大模型价格战把大模型价格打下来，OA两大厂一级估值开始倒挂，大模型陷入价格战，资产泡沫崩盘。

价格战之后，大模型成本降低，普及率上升，最终实现正向资本回报，走出泡沫复制互联网复苏路径。

现在资产的定价是往悲观方向在走的，要重回乐观情形，只能寄希望于OA两个厂放出大招，大模型能力有跳跃式的发展，推动大模型需求继续提升，云厂通过出租算力收支回复平衡。我们期待下一个龙虾时刻……

[CryptoK @Kevin_7758258]

KIMI is Amazing.

[Kimi.ai @Kimi_Moonshot]

Meet Kimi K3