ChainWanderingPoet

The Ethereum network is set for significant changes as a BPO hard fork is scheduled for January, aiming to increase the gas limit from 60 million to 80 million to enhance processing capacity. This upgrade is expected to reduce congestion and fees.

Ripple co-founder Chris Larsen's recent XRP transfers have sparked market interest, as discussions arise on their impact on future price movements. With significant asset movements and upcoming ProShares XRP futures ETF launch, market dynamics remain complex.

Over the past two months, Zcash (ZEC) soared from $50 to a historic high of $730, with an astonishing increase. But as we return to the fundamentals of the chain, a more complex story begins to emerge.
The Illusory Prosperity of Mining Economics: The Harvesting Game Behind Ultra-High ROI
The sustainability of any PoW project primarily depends on the economic incentives at the mining end. Currently, the mainstream market's Bitmain Antminer Z15

Current U.S.-China tensions have eased market anxieties, leading to capital rotation and subtle shifts in Bitcoin and precious metals, with silver showing sell signals, gold facing weakness, and Bitcoin at risk of adjustment. Overall, short-term corrections may precede future growth.

Bitcoin has recovered from the low of $80,000 to above $90,000, easing market pessimism. After two months of continuous adjustment since October, investors' expectations for the year's end have also warmed.
The upcoming December will become a crucial month in determining the performance of crypto assets at the end of the year. Not only is it packed with events, but every major development points to the same conclusion: liquidity expansion, technological breakthroughs, and regulatory friendliness.
Ethereum Fusaka Upgrade Launching Soon
On December 4th (UTC+8), the Ethereum mainnet will undergo the Fusaka upgrade. This is not a routine patch but a comprehensive optimization of the data availability architecture, covering 11 EIPs.
The core innovation of the upgrade is the PeerDAS mechanism—each node only needs to store one-eighth of the blob data, with cryptographic reconstruction filling in the missing parts.

As the end of the year approaches, a quiet capital withdrawal is unfolding in the cryptocurrency market. According to the latest data released by CoinShares, these investment products experienced a capital outflow of $446 million in the past week, and the total withdrawal since early October has reached $3.2 billion. Although the overall influx of new funds has been substantial throughout the year, investors' actual actions reveal the fragile nature of market confidence.
The Diverging Trends in the Withdrawal Wave
Mainstream Assets Plunge Collectively
CoinShares' latest weekly report shows that cryptocurrency investment products are experiencing a continued exodus of investors. In the last week of December, the outflow reached $446 million, clearly reflecting the persistent market gloom since the sharp decline on October 10. Since October, a total of $3.2 billion has been withdrawn from these products.
From the beginning of the year to now, this type of investment

The Core Question Every Investor Asks
When you're evaluating whether a company or project deserves your money, you're really asking one thing: what return do I need to make this investment worthwhile? That's where weighted average cost of capital (WACC) enters the picture. WACC distills the

A peer-to-peer (P2P) network is a system where multiple computers communicate directly with each other without the need for a central administrator. In this model, each participant (node) acts as both a server and a client, enabling efficient and highly resilient communication.
Origins and Evolution of the Technology
Looking back at the history of digital communication, the prototype of the peer-to-peer concept can be found in ARPANET, developed in the 1970s. Initially designed for communication between different nodes, P2P technology became more familiar to general users with the advent of Napster in 1999. Napster utilized peer-to-peer connections to create a platform where users could directly share music files.

This essay explores the essence of the MACD indicator in cryptocurrency trading, detailing its calculation, practical buy/sell signals, and limitations. It emphasizes the importance of combining MACD with other indicators and ongoing learning for effective investment strategies.

Satoshi Nakamoto will celebrate his 50th birthday in 2025, and his true identity remains a mystery. The creation of Bitcoin has changed the global financial landscape, becoming a form of digital gold that transcends government control. Satoshi Nakamoto's anonymity has promoted the decentralization of Bitcoin, symbolically embodying the spirit of anti-authority. His identity remains an unsolved mystery to this day, having a profound impact on the crypto world.

The cryptocurrency market is split into two narratives: growth in the Solana ecosystem driven by whale investments, and challenges faced by a strategy focused on Bitcoin accumulation amidst stock price declines. Investor opinions are divided on these contrasting trends.

Bitcoin's exchange reserves have dropped to a multi-year low, signaling bullish trends. While BTC's price fluctuates around $90.52K, it remains constrained within a descending channel, with key resistances at $90K and $95K. Market uncertainty persists as on-chain signals contrast with technical indecision, raising questions about future price movements.

As Warren Buffett steps back from Berkshire Hathaway's management at the end of 2025, the investment world is losing an important insight. The "Oracle of Omaha" transformed a struggling $25 million textile company into a colossal conglomerate worth $1 trillion and has been sharing his investment philosophy annually through shareholder letters for over 60 years. These letters are not just financial reports; they are practical lessons in human psychology, patience, and capital management.
Buffett's foresight has been proven across multiple market cycles. From the dot-com bubble to the cryptocurrency boom, the patterns he repeatedly warned about remain unchanged. At the core of these patterns is an understanding of the "two extremes" of market psychology.

Why recommend financial stocks now?
The Taiwan stock market index is fluctuating at high levels around 28,000 points. Although tech stocks have surged driven by the AI boom, there is a quiet shift of funds in the market—many investors are starting to move their focus from high-priced tech stocks to financial stocks.
There is a clear logic behind this shift. A fixed deposit for one year yields only 2%, while investing in financial stocks can provide a stable cash dividend yield of 5-7%, with the additional possibility of benefiting from stock price rebounds. The difference between the two is indeed significant.
The core reasons for recommending financial stocks are threefold:
Relatively reasonable valuation
The recent global stock market rally has been led by electronics stocks and the AI supply chain, but after the surge, the price-to-earnings ratio (PE) of tech stocks has risen above 30. In contrast, large bank stocks typically have PE ratios around 10-12, a nearly threefold difference. In an environment where a soft landing of the economy is gradually becoming clear, funds naturally tend to flow into value stocks with reasonable valuations and stable profits.
Interest rate environment for financials

Fractional share investing has become one of the most popular financial tools among retail investors in Taiwan. Unlike traditional full-share trading, which requires an initial investment of thousands of dollars, fractional share trading uses individual shares as the measurement unit, allowing investors with limited funds to participate in their preferred stocks. Since the opening of on-market fractional share trading in October 2020, this flexible trading method has gradually changed the investment habits of small investors.
The Origin and Nature of Fractional Shares
How are fractional shares created?
Stocks with fewer than 1000 shares (one standard lot) are considered fractional shares. These scattered shares usually originate from the following situations: incomplete execution of stock orders, fractional shares resulting from stock distributions by listed companies, or the outcome of investors actively engaging in fractional share trading. Since the minimum trading unit for fractional shares is 1 share, this opens a door for investors with small capital.
Why are fractional shares becoming increasingly popular?
In the past, fractional share trading was limited to after-hours trading, with trading hours and volume being

Look at the history first to see through the present
To understand why the Taiwan dollar has recently surged so dramatically, we need to look at the trajectory over the past decade. Reviewing data from October 2014 to October 2024, the historical exchange rate of the Taiwan dollar has fluctuated between 27 and 34 yuan, with an amplitude of about 23%. This level of fluctuation is relatively stable among global currencies—compared to the 50% volatility of the Japanese yen (oscillating between 99 and 161 yuan), the Taiwan dollar has indeed performed quite steadily.
Why has the Taiwan dollar behaved this way? The core reason is not Taiwan’s central bank but the Federal Reserve. The Taiwan dollar’s rise and fall mainly depend on the Fed’s interest rate policies, not Taiwan’s own policies. During the COVID-19 pandemic in 2020, the Fed expanded its balance sheet from 4.5 trillion USD to 9 trillion USD, with interest rates dropping to zero, leading to a significant depreciation of the US dollar. As a result, the Taiwan dollar appreciated steadily to 1 to 27 yuan. However, after 2022, with US inflation spiraling out of control, the Fed began aggressively raising interest rates, causing the US dollar to soar, and the Taiwan dollar exchange rate

In December 2025, the Taiwan dollar against the Japanese yen reached a level of 4.85, and many people started considering exchanging for yen. But do you know? Exchanging the same 50,000 TWD using the wrong method could result in a loss of 1,500 to 2,000 TWD. Today, we will break down the four most common yen exchange channels in Taiwan to help you find the truly cost-effective way.
Why should you pay attention to the yen now?
The Japanese yen is not just a currency for travel. From an investment perspective, it is one of the world's three major safe-haven currencies (along with the US dollar and Swiss franc). Taiwanese often exchange for yen to hedge risks during significant fluctuations in the Taiwan stock market. Additionally, the Bank of Japan is about to raise interest rates (expected to increase to 0.75% on December 19), which makes the yen more attractive.
This year, the Taiwan dollar has faced considerable depreciation pressure, rising from 4.46 at the beginning of the year to 4.85 now, an increase of 8.7%. In other words, those who exchanged earlier have already gained from the exchange rate difference. So, exchanging yen now, rather than saying