2025-12-30 05:24:18

Looking back to the end of 2025, defining this year simply as a "bull market" or "bear market" seems a bit shallow. Bitcoin indeed surged to a new all-time high of $120,000, but other parts of the industry hardly caused any waves. The entire year was filled with the same complaints—lack of innovation, difficulty in finding viable business models, and market volatility driven mainly by a few key figures.

There were many historic moments. The highest leader of the world's most influential country live-streamed a coin issuance on social media; a major exchange suffered a level of hacking attack unprecedented in human history, directly losing $1.5 billion; and there was the dramatic crash on October 11, when $20 billion was liquidated in an instant, setting a record.

But there is hope too. The concept of stablecoins, once only popular within the crypto circle, was completely broken out through Circle's IPO. In June, the global financial industry was only discussing one question: "What exactly is a stablecoin?" As a result, savvy investors started issuing stablecoins, and tech giants also wanted a piece of the pie. The prediction market was even more exaggerated, leveraging the huge traffic from the US election, and successfully entered the mainstream as a "new polling tool," with both funding and trading volume skyrocketing.

In this highly polarized market environment, we have seen the emotional rollercoaster. The cryptocurrency market in 2025 still deserves serious attention from all participants.

BTC-1.82%

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HappyMinerUncle

· 3h ago

$120,000 looks great, but other cryptocurrencies are dead and silent. This is 2025. What about innovation? All year long, it's just people complaining. So annoying. Breaking the circle of stablecoins is considered good, but the real profit still comes from those few big players. The explosion in October... I went bankrupt directly, can't even smile. So, the crypto world is like this, rises and falls all depend on the key figures. Predicting the market by leveraging the US elections for bloodsucking, quite skilled. Who knows what crazy things will happen next year.

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SolidityNewbie

· 3h ago

When Bitcoin was at $120,000, I was still getting off the train. Now looking at this year, it's truly unbelievable. $1.5 billion was washed away by hackers? How many people went bankrupt? The story of stablecoins breaking into the mainstream is quite interesting. Tech giants are jumping in to join the fun, and now someone is finally paying attention to this thing. On the day of the $20 billion liquidation, I didn't sleep at all. Thinking back now, it still feels surreal. This market really relies on a few big influencers to hold it up. Predicting the market by attracting traffic through elections? Ha, that's a novel approach. At least with tokens, there's some practical use. Innovation really has caused bloodshed. Spending the whole year like this, no wonder everyone is complaining.

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SatoshiHeir

· 3h ago

It should be pointed out that Bitcoin reaching 120,000 did not drive the ecosystem, which essentially discredits the naive theory of the "wealth effect." On-chain data shows that large holders are accumulating while retail investors are fleeing. Have you all seen this clearly? The breakout of stablecoins is indeed a turning point in 2025, but you misunderstood — this is not victory, it’s a compromise. The spirit of decentralization is dead, replaced by the charity of traditional finance. Regarding the margin calls in October, I have already argued in my paper that this risk structure was inevitable. Those who ignore advice should be liquidated. The market should be this ruthless. By the way, has the prediction market really turned into a gambling tool? This is increasingly far from Satoshi Nakamoto’s original intention... Just a thought.

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SatoshiNotNakamoto

· 3h ago

$120,000 is just superficial prosperity; underneath, it's still a pool of rotten mud. Wait, are tech giants also getting involved in breaking the circle of stablecoins? Bitcoin is partying alone, while other coins are just along for the ride—that's 2025. $1.5 billion disappeared in an instant; this exchange is really not professional enough. Can the prediction market really be used for retail trading? Ha, that's a big imagination. Where is the innovation? It feels like the whole year has been just炒旧概念 (炒旧概念). On the day of the $20 billion liquidation, I didn't buy the dip; I regret it to death. Finally, the stablecoin breakthrough has gone mainstream. What's next? Industry giants manipulate the market forcefully, retail investors lose everything, and the script never gets old.

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BTCRetirementFund

· 3h ago

$120,000 just like that? Other projects are still gathering dust, really just BTC as a dog.

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GasFeeTherapist

· 3h ago

$120,000 Bitcoin leads the pack, while other cryptocurrencies remain silent... This is the crypto world, where only the top players celebrate. Stablecoins and prediction markets breaking barriers are real, but the cost of washing away that $1.5 billion is a bit high, the hacker laughed. The liquidation wave in October was truly intense; 20 billion just disappeared, sympathizing with those leveraged traders. Honestly, it's just Bitcoin's solo show. What about innovation? Where is it? Since things are like this, it's better to study more about stablecoin strategies; this is the future.

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