IOBC Capital

This report provides an in-depth analysis of the current cryptocurrency market led by institutions, highlighting that mainstream coins such as BTC, ETH, SOL, and BNB have all reached new highs, with BTC and BNB continuing to rise over 40% after breaking historical peaks. The report explores the institutional allocation logic and holding differences of these three major coins (BTC, ETH, SOL), and focuses on the new trends of SOL DAT (tokenized stocks) as a new concept in the cryptocurrency sector.

The market is like a vast ocean; we cannot predict the storms, we can only adjust the sails in the storm.

Compared to the changes in the Federal Reserve's interest rates, the state of global liquidity under a weak dollar may have a greater impact on Bitcoin.

This article aims to advocate for the search for valuation models for Crypto projects to promote the robust development of valuable projects in the industry, while attracting more institutional investors to allocate cryptocurrency assets.

DeepSeek, as a star product of algorithm breakthroughs, what is its relationship with NVIDIA's computing power supply? I would like to first discuss the significance of computing power and algorithms for industry development.

This is another important milestone in the cryptocurrency industry.

Compared to the BTC ETFs or other Spot Bitcoin ETPs launched by companies like BlackRock, MicroStrategy's Bitcoin strategy is more aggressive. It purchases Bitcoin through financing methods such as using the company's idle funds, issuing convertible bonds, and increasing share issuance, allowing the company to capture the potential gains from Bitcoin's rise while also bearing the potential risks of Bitcoin's decline, whereas ETFs/ETPs focus more on price tracking.

Web3, as a decentralized, open, and transparent new paradigm of the internet, has a natural opportunity for integration with AI.

Most Web3 + AI projects focus on using blockchain technology to address the infrastructure construction issues in the AI industry, while a few projects utilize AI to solve certain problems in Web3 applications.

Looking back at 2023, the total market value of crypto has returned to $1.7 trillion, with an annual growth of over 110%. Cryptocurrencies have weathered the cyclical winter.