1. The reality and bubble under the 100-fold PE carnival: Who is betting on the future of Circle?

Although Circle currently has a market value of 26 billion US dollars, according to the disclosure in the prospectus, its net profit in 2024 is only 156 million US dollars. Generally speaking, if a company belongs to a high-growth industry, it will have a higher price-to-earnings ratio. The high price-to-earnings ratio reflects that investors expect the company's future net profit to grow significantly. The surge in Circle's price-to-earnings ratio is precisely because investors have high expectations for Circle's future development. Click to read

2. Who is Bowman, Vice Chairman of Supervision of the Federal Reserve Board? What cryptographic remarks have been made

On June 4, 2025, senators confirmed Bowman as Vice Chairman of Supervision by a vote of 48 to 46, which will enable her to make policy recommendations and oversee the supervision of companies under the jurisdiction of the Federal Reserve. Click to read

3. What factors make BTC and ETH rise so gratifying? How much will they rise next?

On Monday afternoon local time, the first meeting of the US-China economic and trade consultation mechanism was held in London, UK. The US-China economic and trade negotiations kicked off in London, and the US side indicated its willingness to lift export restrictions in exchange for China's commitment to relax rare earth export restrictions. Click to read

4. Latest speech by the Chairman of the US SEC: DeFi and the American Spirit (full text)

The theme of today's roundtable is "DeFi and the American Spirit". This title is very appropriate because American economic freedom, private property rights, and innovative values ​​are deeply rooted in the DNA of the DeFi movement. Click to read

5. Three pieces of advice for the currency circle to cure mental exhaustion

In the market, workplace, and life, many people often have mental exhaustion. The root cause of mental exhaustion is actually dissatisfaction, lack of accurate understanding and clear understanding of the objective world, resulting in unrealistic expectations, and being obsessed with others or other things that do not meet their own subjective wishes, and being unable to reconcile with reality in their hearts. Click to read