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ETH $2,221.38 -3.16%
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SOL $89.22 -3.65%
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LINK $10.02 -5.38%
HYPE $44.50 +1.39%
AAVE $92.67 -7.10%
SUI $1.09 -8.71%
XLM $0.1544 -6.37%
ZEC $517.54 -3.79%
BTC $79,089.95 -2.76%
ETH $2,221.38 -3.16%
BNB $673.37 -0.89%
XRP $1.43 -4.63%
SOL $89.22 -3.65%
TRX $0.3516 -0.90%
DOGE $0.1129 -2.65%
ADA $0.2606 -4.36%
BCH $424.60 -2.99%
LINK $10.02 -5.38%
HYPE $44.50 +1.39%
AAVE $92.67 -7.10%
SUI $1.09 -8.71%
XLM $0.1544 -6.37%
ZEC $517.54 -3.79%

founder

Bridgewater founder: $39 trillion in debt could trigger a crisis, Wall Street bets funds will shift from gold to Bitcoin

According to Forbes, Bitcoin bulls have added a macro narrative. Ray Dalio, founder of Bridgewater Associates, warned that the $39 trillion debt crisis in the U.S. could lead to a long-term devaluation or even collapse of the dollar, while JPMorgan analysts believe that the market is witnessing a rotation from gold to Bitcoin in the currency devaluation trade.Dalio stated that the current annual spending in the U.S. is about $7 trillion, with revenues of only about $5 trillion, and the long-term fiscal deficit and debt expansion are nearing historically dangerous levels. He believes that during similar periods, fiat currencies tend to depreciate continuously, while gold benefits.Meanwhile, JPMorgan analyst Nikolaos Panigirtzoglou pointed out that as the conflict in Iran escalates, the inflow of funds into Bitcoin ETFs has continued to exceed that of gold ETFs, with some funds viewing Bitcoin as digital gold and a hedge against dollar devaluation.The report mentioned that since the outbreak of the U.S.-Iran conflict, the price of Bitcoin has risen by about 30%, although it is still below the historical high of $126,000 in 2025. Notable investors, including Stanley Druckenmiller and Elon Musk, have also expressed concerns about the long-term status of the dollar as a reserve currency.

Mysten Labs co-founder: Sui's stablecoin trading volume has exceeded $1 trillion since last year

Adeniyi Abiodun, co-founder of Mysten Labs, stated during Consensus 2026 that the Sui network has processed over $1 trillion in stablecoin transactions since last year and plans to launch zero-fee stablecoin transfers and privacy payment features.Abiodun expressed that Sui aims to become "the default network for future capital flows," noting that the current traditional cross-border payment systems have excessively high fees; for example, transferring $100 to Nigeria may incur a $35 fee. The future financial system should not be completely transparent like social media, and users need stronger privacy protection capabilities.Sui is developing a storage layer that supports the intent of crypto transactions to accommodate AI Agent-driven automated payments and future refund and fraud handling mechanisms. Additionally, Sui is currently testing quantum-resistant signature technology on its testnet, aiming to complete deployment before the EU's quantum security requirements are implemented by 2030.Abiodun also expressed willingness to coordinate with the Bitcoin ecosystem and open-source related research. However, Sui has recently faced challenges with technical stability, as its mainnet experienced several hours of downtime in January 2026. The current price of SUI is approximately $0.99, down about 81% from its historical high of $5.35 set in 2025.
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