米妮Minnie_OKX

"After watching your content, everything is under control" Minnie emphasizes that after receiving @, everyone gets a share 😂 Here’s a reminder for everyone, besides the [Creator Incentive], @OKX星球 also has a hidden benefit on the way 📩 🎁 Simply put: as long as your content is exciting enough, it doesn't matter the interaction rate, the number of likes, or the follower count! (Mention us in the comments so we can see) You have a chance to receive gifts from @OKX星球 Detailed event information here 👉 https://oyidl.me/ul/TSvG9ed Looking forward to seeing the excellent you, let's not miss any good ideas 📖

#矿企Q1集体亏损转型AI求生 Mining companies collectively pivot to AI amid Q1 losses Are BTC hashrate security issues looming with miners shifting to AI? Q1 earnings season saw miners making their moves, all reporting losses 😂 ➤ MARA net loss $1.3B, CleanSpark net loss $378M, Keel net loss $145M All three coincidentally announced shifts to AI/HPC; mining is too tough, selling hashrate to AI firms is more lucrative 😅 🤨 What’s driving this shift? Mining revenue is shrinking, costs aren’t dropping. BTC price is underwater, network difficulty keeps rising, mined coins are fewer. Using the same facilities and power, serving AI companies is far more profitable than mining BTC. Changing direction is a rational choice, not a betrayal. ❓Q: Will this shift affect BTC hashrate security? ❗️A: No worries～ ➤ Currently, the shift to AI mainly involves old mining rigs that are high-cost and low-efficiency. Their hashrate exiting essentially cleans out inefficient capacity, leaving behind miners with lower costs and higher efficiency. Historically, when China banned mining entirely, the network hashrate halved overnight, yet BTC kept running, and hashrate fully recovered within two months. 👀 A drop in total hashrate doesn’t equal network security collapse. In fact, the real concern is that after miners exit, mining will concentrate increasingly in a few large, low-cost operators. Higher hashrate concentration = lower network decentralization This isn’t an immediate threat but a structural change worth monitoring long-term. Miners pivoting is market-driven elimination, not a doomsday signal for $BTC～👇

#TrumpRejectsIranPeacePlanAgain US-Iran talks break down, crude oil returns to $100—how will you adjust your positions? Trump said Iran's response is unacceptable. Iran said: We officially reject it! Vance flew to Islamabad, Kushner also went, after so many rounds of talks, the result was both sides just said "No" to each other and then flew home 😐 Turns out the end of diplomacy is crude oil at $100 📈 WTI crude oil opened 3% higher, returning to the $100 mark. US stock futures slightly down, gold $XAUT under pressure. The Strait of Hormuz blockade may continue into the second half—this is not a short-term disruption, but a macro backdrop that requires repricing. ➤ To sum up the current market situation in one sentence: everyone knows there is a problem, but no one knows when it will end. 🤨 How to think about positions in this environment Geopolitical conflicts persist, and the market is being pulled by two forces simultaneously: ➊ Risk appetite declines, capital wants to exit high-volatility assets, $BTC theoretically under pressure; ➋ Uncertainty in the fiat system rises, institutions increase demand for BTC as a hedge, on-chain data validates this logic. These two forces offset each other, direction is unclear. This itself is the answer: it’s neither the time to add positions nor to liquidate. This is called 【Strategic Idling】, sometimes idling is also a form of action 🙃 But no matter what you choose, one thing always holds true: when direction is unclear, position management takes priority over directional judgment. Not losing money is the only way to be qualified to wait for the day when the situation becomes clear～ Whether Vance will fly again, we don’t know. But position management needs to be thought through now. How do you plan to manage your positions? Leave your thoughts, still a prize in the comment section～👇

#Coinbase-Q1 net loss nearly $400 million Armstrong says this is growing pains of transformation 🤨 So, is he chasing trends or positioning himself? After the Q1 earnings release, COIN fell 6% in after-hours trading. Revenue was $1.41 billion, down 31% year-over-year, below expectations. Net loss was $394 million, including $482 million from unrealized losses on crypto assets. The numbers look pretty rough 😂, but what Armstrong said during the earnings call is quite insightful. ➤ What Armstrong is doing He calls Coinbase's new strategy "Everything Exchange" — not just buying and selling crypto, but integrating derivatives, futures, prediction markets, stocks, and commodities all on one platform. Their data is already validating this direction: annualized revenue from derivatives has surpassed $200 million, and prediction markets, just two months after launch, have reached $100 million in annualized revenue. On the surface, Coinbase’s moves look like chasing market trends—derivatives are hot, so they do derivatives; prediction markets are popular, so they enter prediction markets. In my view, this is not the case. CFO Haas put it bluntly: we are diversifying tradable asset classes so that no matter how the market rotates, we always have something users want to trade. The core of this statement is not chasing trends but hedging cycles. Coinbase’s biggest problem has never been technology but overreliance on spot trading volume for revenue—making a fortune in bull markets but crashing in bear markets. Armstrong wants to unify spot, perpetual contracts, futures, and options on one platform to provide deeper liquidity. This is not chasing the hype; it’s fixing a long-standing structural flaw. When the next bull market arrives and users flood in, they won’t be entering a platform that only trades $BTC but a comprehensive exchange where they can trade futures, bet on election outcomes, and buy gold contracts. With the entry point secured, users have more to do once inside, naturally increasing retention. What Armstrong is doing in this bear market is redefining what Coinbase will be for the next bull market. Do you think they’ve placed the right bet? 🤯

Not sure if everyone has noticed, but Planet quietly launched a block feature 🤓 Here's a demonstration for everyone (not actually planning to block 米花Lilac_OKX ) Friendly reminder: please update to the latest version

4🈷️<Key Information> Summary Interested friends can check the picture directly. Let's look forward to the new events happening in May $BTC #加密立法525：5月列入议程

It's almost here, it's Wednesday~ In the blink of an eye, it's the Wednesday that creators love ❤️ Just hold on for one more day, and then it's Labor Day holiday! What plans does everyone have?

#美司法部：不起诉加密开发者 The U.S. Department of Justice says: Writing code is not a crime~ but don't celebrate too early🤨 The acting U.S. Attorney General has officially stated: As long as you do not assist in criminal activity, cryptocurrency and blockchain developers will not face federal prosecution. Crypto developers can finally take their lawyers' numbers off speed dial😂 In fact, this statement can be translated to mean: Writing code itself is no longer an original sin. For those developers who were arrested for writing a privacy protocol or taken to court for creating a wallet tool, this statement comes a bit late, but at least it has arrived😮‍💨 👀 But one question remains unclear: Where is the line drawn for "not assisting in crime"? DeFi protocols are open; anyone can use them, including some projects with ulterior motives. Developers write code, deploy it on-chain, and then walk away, only to find out three months later that someone used this protocol to launder $200 million. Does this count as "assisting"❓ ➤ According to the new stance: No, as long as you did not actively cooperate. But how do you define "actively cooperate"? Does the protocol have a front end? Is there a blacklist? Has the team ever received a warning? Every detail could potentially become evidence in a future case. The progress of the law is real, but the gray areas are also real. This statement addresses the issue of "obviously innocent developers," but the boundaries for completely anonymous privacy infrastructure like Tornado Cash remain unanswered. It seems that this line can only be gradually clarified through real cases, using developers' freedom and legal fees to draw it clearly. Take a breath of relief, but don't delete your lawyer's number🫣

#IBIT options historically surpass Deribit Institutions have taken control of BTC pricing: should retail investors be happy or worried❓ BlackRock's IBIT options open interest has reached $27.6 billion, historically surpassing Deribit's $26.9 billion, achieving this in less than two years compared to the latter's ten-year accumulation💰 The main battlefield for $BTC derivatives has officially shifted from offshore to the regulated market in the U.S. Spot $ETH has seen a net inflow of $2.1 billion for eight consecutive days, totaling $58 billion, with total AUM surpassing $102 billion, accounting for 6.5% of BTC's market cap. ➤ A cute little one asked, is this good or bad for us retail investors? 😃 The good side⬇️ Institutional funds enter slowly and exit slowly, making the bottom support thicker, reducing the probability of extreme market crashes. For long-term holders, this is a healthier structure. 🧐 The cautious side⬇️ ➊ Information asymmetry is intensifying. Institutions have more complete data and earlier policy information channels, and the information gap between retail and institutions will only grow. ➋ BTC's movements are increasingly following macro trends rather than on-chain fundamentals. The deep binding of ETFs and traditional finance is diluting the influence of crypto-native logic such as halving cycles and on-chain activity. ➌ Retail investors' first-mover advantage is disappearing. In areas where institutions are absent, retail investors can discover value earlier. Once institutions fully penetrate, this window will close. ➤ IBIT surpassing Deribit signifies more than just the scale of funds; it means that the pricing venue for BTC is shifting from "crypto-native rules" to "Wall Street rules." The endpoint of this path is: Bitcoin is becoming more like a stock rather than an alternative asset. What Minnie really wants to say is, whether this is evolution or alienation depends on why you initially held it. So is it worth it? It seems there is still no unified answer, but the rules are changing, whether we accept it or not💓

#Middle East Situation: Hormuz Stalemate, Ceasefire Extended Two rounds of mine laying have reduced the number of passing ships from over a hundred to single digits, and the Pentagon says it will take at least six months to clear. The Strait of Hormuz, which controls 20% of global oil transport, is being tightly squeezed 🤏 Nuclear negotiations are stalled (the U.S. demands a 20-year pause, while Iran counters with 5 years), and the ceasefire is in an "open-ended extension" state that could break at any moment, with Hezbollah on the Lebanese side still violating agreements by firing rockets. Multiple fronts are tense simultaneously, with no signs of easing on any. In this situation, rather than speculating on geopolitical trends, I am more concerned about how it affects the money we all have and our daily lives. 🧐 Let's talk about three things that are closest to us: 👉 Crude Oil — likely the first thing you'll feel. Brent has risen from $70 before the conflict to around $100 now, an increase of over 40%. This number may seem abstract, but its impact on daily life is faster than you think. Just a couple of days ago, I experienced a flight cancellation, and I reasonably suspect it’s related to oil prices; soaring aviation fuel costs have led airlines to cut unprofitable routes, which is the most direct response. Logistics, travel, manufacturing costs... the pressure from oil prices trickles down layer by layer, ultimately landing on consumers. Morgan Stanley has a judgment that I think is quite accurate: the market pricing logic is shifting from "who can produce more" to "who can transport it safely." Even if subsequent negotiations make progress, structural costs like insurance and transportation delays are already embedded in oil prices, and we won't return to pre-conflict levels in the short term. 👉 Gold — too expensive to buy. To be honest, the trend of gold is a bit unexpected. Before the war, it was actually skyrocketing, but during this cycle of the U.S.-Israel-Iran conflict and the blockade of Hormuz, gold prices have not continued to rise significantly, nor have they dropped much, just hovering in the $4770-$4800 range. The signal that central banks around the world are continuously buying is clear, and structural demand remains. But to be frank, gold is too expensive. For ordinary people, it's really hard to feel motivated to buy gold at this price, even though I personally quite like gold as an asset allocation. If gold prices could drop a bit more, it might stimulate my desire to buy 😂 I guess many people share my mindset, recognizing its value but waiting for a more comfortable entry price. 👉 $BTC — appears volatile on the surface, but is actually quite stable. Since Bitcoin broke through last October, its price has been on a downward adjustment, but if you look at it over a longer period, it has actually stabilized in the $70,000-$80,000 range for a long time. Now, a $1,000 rise or fall is called a "big fluctuation," possibly because of the high unit price and low holding volume, making everyone more sensitive to absolute numbers. But there is a change more important than the price itself: the pricing power of BTC is increasingly not in the hands of retail investors. The proportion of institutional holdings continues to rise, and ETF funds are buying on dips after each geopolitical shock; the panic among retail investors does not directly affect price direction. This is completely different from two or three years ago. 💬 Have you adjusted your positions because of the Middle East situation? Did you choose to be defensive and wait, or did you increase your stake in a certain asset?

It's Thursday again, It's another Thursday without any ideas, It's another day when no one sends me 50, Highlights are self-seeking 🤨