What drives Bitcoin’s rally? Decoding market forces in 2025

What drives Bitcoin’s rally? Decoding market forces in 2025

As of June 26, 2025, the global financial landscape has been characterised by a steady risk sentiment, with traders meticulously evaluating a blend of simmering economic uncertainties and geopolitical developments. Among the standout stories in this environment is Bitcoin’s remarkable rally, which has seen the world’s leading cryptocurrency surge by approximately 10 per cent since Sunday, June 22.

This upward trajectory has propelled Bitcoin past US$108,200 by Wednesday, June 25, according to Coinbase data from TradingView, marking a significant recovery from its recent low of around US$98,400. At the same time, broader markets, including US equities, have displayed mixed performances, while key economic indicators and central bank commentary continue to shape investor outlooks.

I’ll unpack the driving forces behind Bitcoin’s rally, explore its interplay with the broader economic context, and offer my perspective on what this means for the cryptocurrency’s near-term future, all grounded in the latest data and market insights.

Bitcoin’s rally: A geopolitical tailwind

One of the most compelling explanations for Bitcoin’s recent surge lies in the easing of geopolitical tensions, particularly in the Middle East. Analysts across the board have identified a reduction in conflict-related concerns as the primary catalyst for this rally. To understand why this matters, it’s worth considering how geopolitical risks influence investor behaviour. When tensions flare, whether through military escalations or political instability, markets often see a flight to safety.

Investors flock to traditional safe-haven assets, such as gold, US Treasuries, or even the US dollar, while riskier assets, including cryptocurrencies, tend to face selling pressure. Bitcoin, despite its occasional reputation as “digital gold,” is still primarily perceived as a speculative investment, making it sensitive to such shifts in sentiment.

The flip side, however, is equally telling. As fears of conflict in the Middle East have subsided over recent days, the perceived risk in the global environment has diminished. This has emboldened investors to re-embrace risk assets, with Bitcoin emerging as a beneficiary. The nearly 10 per cent gain since Sunday reflects this renewed appetite, as traders interpret the cooling tensions as a green light to allocate capital to high-growth opportunities.

This dynamic underscores Bitcoin’s dual nature: it thrives in times of risk-on sentiment but remains vulnerable to sudden geopolitical shocks. While the current calm has fuelled its rally, any unexpected flare-up could swiftly alter the narrative, a point I’ll revisit later when assessing risks.

Technical indicators: A bullish setup

Beyond the geopolitical backdrop, Bitcoin’s price action is supported by robust technical indicators, which offer a window into its momentum and potential trajectory. Let’s start with the Exponential Moving Averages (EMAs)—specifically the 20-day, 50-day, 100-day, and 200-day lines. These are critical tools for traders, helping to smooth out price data and identify trends.

As of now, all four EMAs sit below Bitcoin’s current price trend, a configuration that signals increasing volatility and a strong upward movement. When shorter-term EMAs (like the 20-day) and longer-term ones (like the 200-day) align below the price, it often indicates that the asset is in a bullish phase, with buying pressure outpacing selling. For Bitcoin, this setup suggests that the rally has legs, at least in the short term.

Complementing this is the Stochastic Relative Strength Index (RSI), another key indicator that measures momentum on a scale from 0 to 100. In the daily time frame, Bitcoin’s Stochastic RSI has broken out of its oversold range (below 20) and is now approaching the overbought territory (above 80). The three-day average trendline is on the cusp of retesting this upper threshold, reinforcing the notion of strong upward momentum.

In simpler terms, this tells us that Bitcoin has shifted from being undervalued to potentially overvalued in a short span, a classic sign of a powerful rally. I’d caution that an approach to overbought levels can also signal a looming correction if momentum stalls. For now, though, the technicals paint a positive picture.

What does this mean for Bitcoin’s price targets? If the bullish trend holds, we could see it test resistance at US$109,631 soon, with a stretch goal of US$111,970 in the coming days. On the other hand, a bearish reversal, perhaps triggered by external shocks, might pull it back to immediate support at US$107,218, or even down to US$104,810 if sentiment worsens further. These levels, derived from recent price action, are critical markers for traders and will likely dictate Bitcoin’s next moves.

The broader economic picture: Mixed signals and Fed focus

While Bitcoin’s rally grabs headlines, it’s unfolding against a complex economic backdrop that warrants a closer look. On Wednesday, June 25, US stock markets closed with a mixed performance: the Dow Jones Industrial Average slipped 0.25 per cent, the S&P 500 remained flat, and the Nasdaq Composite edged up 0.31 per cent. This divergence suggests uncertainty among investors, possibly reflecting unease about the direction of the economy or geopolitical risks.

The Dow’s decline might signal concerns in industrial or traditional sectors, while the Nasdaq’s gain points to resilience in tech, a sector often aligned with Bitcoin’s risk profile. From my vantage point, this mixed performance suggests markets are in a wait-and-see mode, awaiting clearer signals.

A focal point on Wednesday was Federal Reserve Chair Jerome Powell’s testimony, his second day addressing lawmakers. Powell acknowledged the difficulty in gauging how tariffs might affect consumer prices—a nod to ongoing trade tensions—while touting the US economy as the world’s strongest.

His call for cautious, deliberate policy moves in uncertain times struck me as pragmatic. The Fed’s slow-and-steady approach could stabilise markets, but it also leaves room for speculation about future rate decisions, especially with big data drops on the horizon.

On Thursday, June 26, the US economic calendar is packed: the third reading of Q1 2025 GDP, weekly initial jobless claims, and May’s advance goods trade balance are all due. These releases could alter expectations about growth and inflation, indirectly affecting Bitcoin through shifts in risk sentiment.

Meanwhile, bond markets offered little drama. US Treasury yields were steady, with the 10-year yield dipping less than 1 basis point to 4.28 per cent and the two-year yield easing to 3.77 per cent. Stable yields suggest that no major recalibration of interest rate expectations is yet needed. The US dollar, which settled at 97.68 (-0.18 per cent), also held steady.

However, it wobbled early Thursday after a media report suggested that President Donald Trump might replace Powell as Fed Chair, despite 11 months remaining in his term. This rumor, if substantiated, could inject volatility into markets, including Bitcoin, given the Fed’s outsized role in shaping monetary conditions.

Personally, I find the timing curious, 11 months is an eternity in politics, and I’d wager it’s more noise than signal for now. Still, it’s a wildcard worth watching.

Commodities and global markets: A steady pulse

Elsewhere, commodity markets provided additional context. Gold ticked up 0.1 per cent to US$3,327.91 per ounce, a modest gain for a classic safe-haven asset. Brent crude oil, after a sharp selloff earlier in the week, climbed 0.8 per cent to US$67.68 per barrel. These movements suggest a market that’s cautious but not panicked, gold’s slight rise reflects lingering unease, while oil’s rebound might signal stabilising demand.

In Asia, equities opened higher on Thursday, a sign of tentative optimism, while US equity futures pointed to a flat opening, mirroring the indecision seen the previous day. Together, these threads weave a tapestry of steady risk sentiment, with Bitcoin’s rally standing out as a bold stroke.

My take: Bitcoin’s rally in perspective

So, what’s my view on all this? Bitcoin’s 10 per cent surge since Sunday is impressive, no doubt, and the confluence of easing Middle East tensions and bullish technicals makes a compelling case for its strength. I view it as a classic risk-on move—investors, relieved by a quieter geopolitical landscape, are piling into an asset known for its outsized returns.

The technical indicators reinforce this, indicating a market in a full bullish tilt. If I were trading, I’d be eyeing that US$109,631 resistance with interest, maybe even US$111,970 if momentum holds.

But here’s where I temper my enthusiasm. The broader economic context feels like a tightrope walk. The mixed US stock performance, steady yields, and Powell’s cautious tone tell me that while things aren’t falling apart, they’re not exactly roaring either. Thursday’s data dump could shift the mood. Strong GDP or jobless claims might fuel more risk-taking, while weak numbers could dampen it.

The Fed Chair rumor adds another layer of intrigue; a leadership shake-up could rattle markets, though I suspect it’s too early to call. Geopolitics, too, remains a wild card; one misstep in the Middle East, and Bitcoin could see a swift pullback to US$107,218 or lower.

For me, Bitcoin’s rally is a microcosm of today’s market: opportunity wrapped in uncertainty. It’s riding a wave of positive sentiment, but that wave could break if external pressures mount.

 

Source: https://e27.co/what-drives-bitcoins-rally-decoding-market-forces-in-2025-20250626/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Moody’s downgrade and crypto’s ascent: Decoding the signals of a shifting economic landscape

Moody’s downgrade and crypto’s ascent: Decoding the signals of a shifting economic landscape

The global financial landscape is currently navigating a complex and volatile terrain, shaped by a confluence of macroeconomic uncertainties, shifting monetary policies, and evolving market sentiments.

On Tuesday, global risk sentiment took a noticeable step back as US equities retreated, snapping a six-day rally that had been fuelled by a temporary reprieve in trade tensions and optimism about economic growth. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite each declined by approximately 0.3 per cent to 0.4 per cent, signalling a pause in the bullish momentum that had characterised recent trading sessions.

This pullback, as reported by Reuters, was largely attributed to an absence of fresh catalysts to sustain the rally, leaving investors to grapple with persistent concerns about fiscal policy, rising debt levels, and the implications of a recent downgrade in the US credit rating by Moody’s.

These factors, combined with developments in the cryptocurrency markets and international monetary policy shifts, such as the Reserve Bank of Australia’s recent rate cut, paint a multifaceted picture of a global economy at a crossroads. Below, I offer my perspective on these interconnected dynamics, delving into the implications for markets, the US fiscal outlook, and the burgeoning role of cryptocurrencies like Bitcoin and Ethereum in this environment.

The retreat in US equities reflects a broader recalibration of investor sentiment, driven by mounting fiscal uncertainties in the United States. According to Moody’s estimates, the ongoing debate in the House of Representatives over a sweeping tax bill has intensified concerns about the trajectory of the US budget deficit, which is already projected to reach nine per cent of GDP by 2035.

The proposed legislation, which includes extensions of the 2017 tax cuts championed by President Donald Trump, alongside spending hikes and reductions in safety-net programs, could add trillions to the national debt, potentially exacerbating the country’s fiscal challenges.

Moody’s downgrade of the US sovereign credit rating from AAA to Aa1, announced late last week, has further amplified these concerns, marking the final major credit rating agency to strip the US of its top-tier rating. This downgrade, following similar moves by Standard & Poor’s in 2011 and Fitch in 2023, underscores a structural shift in perceptions of US fiscal health.

The downgrade has not triggered immediate panic, but it has refocused market attention on the long end of the US Treasury yield curve, where yields have risen sharply, reflecting a higher term premium demanded by investors wary of fiscal profligacy.

The US Treasury market, a cornerstone of global finance, is exhibiting signs of strain. On Tuesday, the yield curve steepened as long-end yields climbed, with the 10-year Treasury yield rising 4 basis points to 4.487 per cent and the 30-year yield approaching the psychologically significant five per cent mark, closing at 4.970 per cent.

This movement contrasts with a slight decline in the 2-year yield to 3.96 per cent, highlighting a divergence in market expectations about short-term versus long-term economic conditions. The steepening yield curve suggests that investors are increasingly concerned about the long-term implications of rising deficits and debt servicing costs, which Moody’s cited as key factors in its downgrade decision.

Higher yields on longer-dated Treasuries signal that bond investors, often referred to as “bond vigilantes,” are demanding greater compensation for holding US debt amid fears of unsustainable fiscal policies. This dynamic could have far-reaching consequences, raising borrowing costs for the US government, businesses, and households, and potentially crowding out private investment as interest expenses consume a larger share of the federal budget.

The US Dollar Index, which measures the dollar’s value against a basket of major currencies, fell 0.3 per cent to 100.12, marking its second consecutive day of declines. This weakening reflects a combination of factors, including reduced safe-haven demand as risk sentiment cools and concerns about the US fiscal outlook.

Historically, the dollar has served as the ultimate safe-haven asset during periods of global uncertainty, but recent market behaviour suggests a potential shift. Investors are increasingly turning to alternatives like gold, which rebounded 1.9 per cent to US$3,290 per ounce on Tuesday, driven by short covering and renewed interest in hard assets amid fiscal and geopolitical uncertainties.

The simultaneous decline in US equities, bonds, and the dollar, as noted in analyses from Reuters and CNBC, is reminiscent of market dynamics typically seen in emerging economies during periods of stress, raising questions about whether global confidence in US assets is beginning to wane.

In the commodity markets, Brent crude oil prices dipped 0.2 per cent to US$65 per barrel, reflecting uncertainty about potential US sanctions on Iran and their impact on global oil supply. While oil prices have been volatile, the lack of significant upward movement suggests that markets are balancing concerns about supply disruptions with fears of weakened global demand due to trade tensions and economic slowdowns.

Conversely, gold’s resilience underscores its role as a hedge against uncertainty, particularly as investors navigate the implications of rising Treasury yields and a weaker dollar.

On the international front, the Reserve Bank of Australia’s decision to cut interest rates by 25 basis points, marking its second rate reduction this year, highlights a divergence in global monetary policy. The RBA cited a more balanced inflation outlook as the rationale for the cut, which contrasts with the US Federal Reserve’s cautious stance. While US inflation has moderated to 2.3 per cent annually in April, as reported by Yahoo Finance, markets are now pricing in a potential Federal Reserve rate cut in September rather than earlier expectations for June.

This shift reflects ongoing uncertainty about the inflationary impact of tariffs and fiscal stimulus, which could push prices higher in the coming months. The RBA’s move has weakened the Australian dollar by 0.6 per cent to US$0.6416, signalling that global currency markets are also adjusting to divergent policy paths.

In Asia, equity indices displayed mixed performance in early trading, with no clear direction as investors digested the US market pullback and global economic signals. The lack of a unified trend in Asian markets underscores the uneven impact of global risk sentiment, with some regions buoyed by local stimulus measures, such as China’s recent shift to a looser monetary policy stance, while others remain cautious amid trade and fiscal uncertainties.

Turning to the cryptocurrency markets, Bitcoin and Ethereum have emerged as bright spots amid the broader market unease. Bitcoin surged past US$105,000, driven by a series of pro-crypto developments, including the Senate’s progress on a stablecoin bill and significant inflows into Bitcoin exchange-traded funds (ETFs). The bill, which aims to provide regulatory clarity for stablecoins, has bolstered investor confidence in the broader crypto ecosystem, signaling a potential mainstreaming of digital assets.

Similarly, Ethereum has reclaimed the US$2,500 level, supported by ETF approvals and whale buying, which reflect growing institutional interest. From a technical perspective, Ethereum’s price action is at a critical juncture. The token is testing the US$2,530 resistance level, with its 50-, 100-, and 200-week moving averages serving as potential support.

A breakout above this level could confirm a rounded bottom pattern, potentially propelling Ethereum toward US$2,850 or even its four-year high near US$4,100. However, a failure to hold above US$2,100 could trigger a deeper correction, underscoring the high-stakes nature of its current trajectory. Technical indicators, such as the flat Relative Strength Index and the Stochastic Oscillator’s tentative crossover, suggest a market poised for a decisive move.

The rally in cryptocurrencies contrasts sharply with the caution in traditional markets, highlighting their growing role as alternative assets in times of uncertainty. Posts on X reflect this sentiment, with users noting increased institutional flows and wallet activity in Bitcoin and Ethereum, driven by regulatory clarity and a shift away from traditional safe-havens like Treasuries and the dollar. This trend is particularly notable given Japan’s rising 30-year yield, which some analysts interpret as a signal of macro stress prompting capital flows into “hard” assets like cryptocurrencies.

In my view, the current market dynamics underscore a critical inflection point for the global economy. The retreat in US equities, coupled with rising Treasury yields and a weakening dollar, suggests that investors are increasingly skeptical of the US’s ability to manage its fiscal challenges without significant consequences.

The Moody’s downgrade, while not an immediate catalyst for a crisis, serves as a stark reminder of the structural risks posed by chronic deficits and rising debt servicing costs. The steepening yield curve and higher term premium indicate that bond markets are pricing in these risks, which could constrain economic growth by raising borrowing costs across the board.

At the same time, the resilience of gold and cryptocurrencies like Bitcoin and Ethereum reflects a broader search for alternative stores of value in an environment where traditional safe havens are under scrutiny. The pro-crypto developments in the US, including the Senate’s stablecoin bill and ETF inflows, suggest that digital assets are gaining legitimacy as part of diversified portfolios, particularly as fiat currencies face pressure from fiscal and geopolitical uncertainties.

However, the volatility in these markets, as evidenced by Ethereum’s precarious technical position, underscores the risks of chasing momentum without a clear understanding of the underlying fundamentals.

Looking ahead, the interplay between fiscal policy, monetary policy, and global trade dynamics will likely dictate the trajectory of risk sentiment. The US House’s ability to pass the tax bill without further exacerbating deficit concerns will be critical, as will the Federal Reserve’s response to evolving inflationary pressures. Internationally, the RBA’s rate cut and China’s looser monetary stance highlight the fragmented nature of global economic policy, which could amplify volatility in currency and equity markets.

For investors, a disciplined approach that balances exposure to traditional assets with selective allocations to alternatives like gold and cryptocurrencies may offer the best path forward in this uncertain environment. As markets navigate these challenges, staying attuned to both macroeconomic signals and technical indicators will be essential for anticipating the next major move.

 

Source: https://e27.co/while-stocks-stay-calm-bitcoin-rockets-to-us105k-after-downgrade-20250520/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j

Decoding Crypto Investment: The Scientific Strategy for Venture Capitalists

Decoding Crypto Investment: The Scientific Strategy for Venture Capitalists
  • Successful crypto venture capitalists have embraced a scientific approach to investing, resulting in substantial returns.
  • VC investing involves thorough research, crafting hypotheses, conducting experiments, and making data-driven decisions.

The cryptocurrency market has been on a remarkable rise since the beginning of 2024, fueled by several factors such as the approval of a spot Bitcoin ETF by the SEC, Bitcoin halving that happened recently in April, the increased institutional interest and demand, and the innovation and adoption of various blockchain projects and platforms.

The total market capitalization of all cryptocurrencies reached more than $2 trillion level for the first time since April 2022. Bitcoin, the largest and most dominant cryptocurrency, hit a new all-time high of $33,000, while Ethereum, the second-largest and most widely used cryptocurrency, also gathered significant trading volume.

Optimizing Crypto VC Strategies with Science

The crypto market, marked by volatility and uncertainty, presents both challenges and opportunities for venture capitalists (VCs). VCs are crucial in providing capital, expertise, and credibility to crypto startups. However, successful investment demands a scientific approach, understanding of technology, market, regulations, and risk management for optimal returns.

I brought this up after having a dinner meeting with a group of VCs and I realised how unrealistic their investment strategy is when it comes to crypto. They think that it is ok to invest in every project that comes to them.

Well, in this article, I will discuss what a scientific approach for VC in investing in crypto means, why it is important, and how it can be implemented. I will also provide some examples of successful crypto VCs who have adopted such an approach and achieved remarkable results.

Structured Methods for Crypto VC

A scientific approach for VC in investing in crypto is a method that applies the principles and practices of science to the process of identifying, evaluating, selecting, and supporting crypto investments. It involves the following steps:

Research: This step requires thorough research into the crypto market, technology, trends, opportunities, and challenges. Gathering and analysing data from diverse sources like academic papers, industry reports, blogs, podcasts, social media, forums, and newsletters is crucial.

Hypothesis: This stage entails crafting a concise hypothesis for the crypto investment, defining problem, solution, value proposition, target market, competitive advantage, business model, traction, team, and vision. It also involves outlining assumptions, risks, and expected outcomes, aiming to present a compelling case for investment returns.

Experiment: This stage includes creating experiments to validate the hypothesis, setting criteria, metrics, and methods for evaluation. Feedback and data from stakeholders are collected and analysed to refine the hypothesis and assess project viability and scalability.

Decision: This phase entails analyzing experiment results, comparing actual with expected outcomes to support or reject the hypothesis. Strengths, weaknesses, opportunities, and threats are identified, with recommendations for improvement. Decisions are made on investment continuation, support, or exit, with findings communicated to stakeholders.

Why Is a Scientific Approach for VC Important?

A scientific approach to VC investing in cryptocurrency is crucial for several reasons. Firstly, it mitigates bias and emotion, which often cloud judgment. Emotional biases like confirmation bias and fear of missing out can lead to irrational decisions.

A scientific approach relies on evidence and data, reducing the impact of such biases. Secondly, it enhances accuracy and efficiency by providing a structured process for evaluating investments amidst vast information and uncertainty.

Lastly, it fosters learning and innovation by allowing VCs to test assumptions, learn from failures, and refine strategies. Overall, adopting a scientific approach strengthens decision-making in the dynamic landscape of crypto investments.

Examples of Successful Crypto VCs

Numerous successful crypto VCs have embraced a scientific approach to investment, yielding impressive outcomes. Among them:

Andreessen Horowitz (a16z): A leading VC globally, with a stellar portfolio including Airbnb, Slack, and Instacart. In May 2022, they launched a $4.5 billion fund for crypto and Web 3 companies. Notably, they’re investing $100 million in EigenLayer. Chris Dixon, a GP at a16z, is a notable blockchain advocate.

Their firm articulates clear investment theses on Web 3.0, decentralized finance, and next-gen internet, conducting experiments to validate these ideas. They share insights openly.

Pantera Capital: Pioneers in crypto VC, investing in projects like Ton and Polkadot. Applying financial expertise, they analyze markets, publish reports, and forecast a $150,000 Bitcoin price this year, anticipating its DeFi liquidity surpassing Ethereum’s. Their scientific approach underpins their success and bullish outlook.

Conclusion

The dynamic crypto market presents vast opportunities and challenges for venture capitalists. Investing in crypto demands deep tech, market, and regulatory understanding. A scientific approach applies research, hypothesis formulation, and experimentation to optimize decision-making.

Examples like Andreessen Horowitz and Pantera Capital showcase the success of this method, aiding in the discovery of transformative crypto projects. By reducing bias, enhancing accuracy, and fostering innovation, a scientific approach empowers VCs to navigate the complexities of crypto investment, maximizing returns and supporting groundbreaking solutions.

This article is not a professional or financial advice, and you should do your own research before making any investment decisions. Also, please be aware that this is a creative and hypothetical exercise, and the data and information I used may not reflect the actual or future state of the crypto market. This is just my opinion based on what I know. Thank you for reading.

 

 

Source: https://www.financemagnates.com/cryptocurrency/decoding-crypto-investment-the-scientific-strategy-for-venture-capitalists/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

j j j