Call it the MAGA-to-earnings ratio: American Bitcoin keeps trading like the big-gun crypto miner, driven as much by the Trump premium as it is by the fundamentals, at least for now.

Bitcoin, the "gold" of the digital age, has long been regarded as a static asset. However, with advancements in technology and the development of financial innovations, a new possibility is emerging. Plume Network has proposed a revolutionary concept aimed at activating dormant Bitcoin assets, transforming them into dynamic capital that can generate real returns. At the core of this innovative model is the close connection between Bitcoin and the real economy. Traditionally, most Bitcoin is either stored in cold wallets or invested in ETFs, lacking the ability to generate returns. Traditional lending and DeFi models often rely on issuing new coins or internal fund circulation to obtain profits, which can easily lead to bubble formation or risk concentration. The approach of Plume Network is unique. It directly connects to off-chain economic activities by using Bitcoin as collateral. Specifically, this includes purchasing U.S. Treasury bonds and money market funds to earn interest, as well as investing in institutional loans and real-world asset (RWA) products to generate cash flow. The advantage of this approach is that the revenue comes from real cash flow rather than artificial subsidies. At the same time, the risks are also diversified across various protocols and assets, enhancing transparency and security. More importantly, due to the enormous scale of the US bond market and global financial markets, this model has the potential to accommodate trillions of dollars worth of Bitcoin assets. Through the design of Plume Network, Bitcoin is expected to transition from a "static asset" to a "dynamic capital". This not only provides financing and credit expansion support for the RWA market but also serves as an entry point for real yields, allowing Bitcoin holders to share in the dividends of global economic growth. This innovative model may drive the integration of decentralized finance (DeFi) with traditional finance (TradFi), making Bitcoin a universal productive capital across chains, borders, and financial systems. This marks a significant transformation for Bitcoin, evolving from a mere store of value into a financial asset that can actively participate in global economic activities. With the advancement of this concept, we may soon witness a new chapter in the Bitcoin ecosystem, which will redefine the role and value of digital assets in the global financial system.

The recent Bitcoin market has given me an unexpected surprise. I entered the market with a small amount of around $200, and the timing was just right, I can say I caught the market at a low point. Choosing to go long was undoubtedly the right decision, which allowed me to gain a good return. Looking back, if I had the courage to take more aggressive actions at that time, such as continuously adding positions or using higher leverage, I might have theoretically gained thousands of dollars in profits. However, in a market as volatile as cryptocurrency, excessive greed often brings enormous risks. This trading experience made me deeply understand that timely profit-taking is equally important in the cryptocurrency market. I doubled my funds through two trades, and this result is quite satisfying. It is worth mentioning that the trading platform seems to have some limitations on the number of single orders, which helps to control risk to some extent. Overall, this Bitcoin transaction has brought me not only financial gains, but also a profound understanding of the importance of market timing and risk management. For cryptocurrency investors, it is essential to seize opportunities while also knowing when to stop, which may be the key to success in this high-risk, high-reward market.