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In the December crypto market, XRP spot ETFs attracted a large amount of institutional funds, recording a net inflow of approximately $11.5 billion. In contrast, Bitcoin and Ethereum ETFs faced capital outflows, with over $1.1 billion and $612 million flowing out respectively. Analysis indicates that XRP's cross-border payment applications have attracted long-term investors, while the demand for BTC and ETH has weakened. This phenomenon may suggest a shift in institutional allocation strategies.

According to the latest data from DefiLlama, real-world assets (RWA) are rapidly emerging in the DeFi space, becoming the fifth largest category, surpassing traditional decentralized exchanges, indicating that capital is shifting from trading to real assets. This change reflects the market's re-evaluation of their value and signals a deep integration of blockchain and traditional finance.

By the end of 2025, the global economy will undergo a "reassessment," with countries deepening their economic cooperation with China. China's manufacturing industry accounts for nearly 30% of the global total, dominating fields such as new energy, transportation, and critical resources, demonstrating an irreplaceable role. Even in the face of calls for "decoupling," actual international cooperation still shows that China is a stabilizer of the global economy. The future will focus on efficient collaboration rather than exclusion.

Forbes report indicates that Bitcoin is expected to range from $120,000 to $170,000 in 2026, with an optimistic scenario reaching $250,000. Analysis suggests that achieving these expectations requires multiple favorable factors, including institutional investment and macroeconomic improvements. Investors should rationally assess risks and opportunities.

Why is the Japanese Yen worth paying attention to now?
By the end of 2025, the TWD to JPY exchange rate will reach 4.85, attracting not only travel enthusiasts but also investors. Over the year, the Japanese Yen has appreciated by 8.7%, becoming a popular safe-haven asset. At the same time, the HKD to JPY exchange rate trend also reflects the Yen's strong position in the Asian currency market.
The reasons for the Yen's popularity can be divided into two main categories:
Lifestyle applications
- Travel expenses: Japanese stores have a high cash usage rate (credit card penetration is only 60%), so whether shopping in Tokyo or vacationing in Okinawa, preparing Japanese Yen is necessary
- Purchasing agents and online shopping: Buying Japanese cosmetics, clothing, and anime merchandise often requires direct settlement in Yen
- Long-term residence: Students or working holidaymakers often exchange currency in advance to lock in exchange rates
Financial investment perspective
The Yen is one of the world's three major safe-haven currencies (USD, Swiss Franc, Yen). Japan's low debt and economic stability make it a

The global DRAM market is undergoing supply reshaping, with the three major memory manufacturers fiercely competing in the high-bandwidth memory market. Nanya Technology benefits from tight DDR4 supply, with its stock price soaring. Its second-generation 10nm process performs excellently, and future gross profit margin and profit expectations are raised, with the target price increased to 230 yuan, indicating its potential in the memory market.

Understanding each country's currency symbols is very important for forex trading and international investment, as it can improve trading efficiency and avoid confusion. The article provides a complete table of major global currencies, shortcut input methods, and a guide to distinguish common currency symbols, helping traders better analyze currency pairs and conduct effective trades.

Taiwan dollar just broke through the 4.85 level against the Japanese yen, and the trend of Japanese travel and yen investment demand is heating up simultaneously. But is exchanging yen really just about going to the bank counter? Actually, just choosing the wrong channel could cost you several thousand more in handling fees. This article summarizes the true costs of four exchange options to help you find the most cost-effective method.
Why is the yen worth exchanging? It’s not just for travel currency
When it comes to foreign currency investment, many people's first reaction is still the yen. There are two main reasons behind this:
Daily application: travel, purchasing on behalf of others, studying abroad needs
Shopping in Tokyo, shopping districts in Osaka, skiing in Hokkaido—major Japanese cities accept cash at over 80% of merchants (credit card penetration is only about 60%). Besides travel expenses, Japanese purchasing agents, online shopping, and even students working abroad all need to regularly hold yen reserves.
Financial asset aspect: one of the three major safe-haven currencies
The yen, along with the US dollar and Swiss franc, is listed as one of the world's three major safe-haven currencies.

Why must investors understand return on investment?
Before making any investment decision, you need a measurement tool. Return on Investment (ROI) is exactly such a tool. It uses a simple percentage figure to help you quickly determine whether an investment is worth doing and whether the returns are as expected.
Whether you're a stock investor, an entrepreneur, or an advertising manager, you can't avoid dealing with ROI calculations.
The core logic of ROI: a simple but powerful formula
ROI = (Net Profit ÷ Total Investment) × 100%
In simple terms, it’s how much you earned relative to how much you invested.
An intuitive example: Buying a stock for 1 million and selling it later for 1.3 million, the ROI is (1.3 million - 1 million) ÷ 1 million = 30%. This 30% is

Black swan events refer to extremely rare, unpredictable, yet highly impactful economic phenomena, such as the 2008 financial crisis and the recent pandemic. Investors should pay attention to these events because, although they bring crises, they also imply investment opportunities. By diversifying asset allocation, maintaining cash reserves, adhering to long-term investing, and using hedging tools, one can effectively respond to the impact of black swan events.

The RMB exchange rate against the US dollar reached a new high in late December 2023, primarily driven by the weakening of the US dollar, supportive policies from the People's Bank of China, and the year-end currency conversion wave. Market opinions on the RMB's trend in 2026 are divided; some institutions predict further appreciation potential, but there are also risks of depreciation pressure. Whether the RMB can maintain its upward momentum in the future depends on the interaction between China-US economic and trade relations and central bank policies.

The Innovation Board and the Strategic Emerging Board respectively support high-tech enterprises and small to medium-sized innovative companies, with different listing requirements and risk controls. The Innovation Board requires higher market value and technological capabilities, while the Strategic Emerging Board is more lenient. Investment requires qualified credentials, and ordinary retail investors find it difficult to participate. Although there are many opportunities, high risks also require cautious consideration.

The Renminbi is entering a new phase of appreciation, and the USD/RMB exchange rate faces an important turning point.
Since 2025, the RMB has shown clear signs of reversal. The USD to RMB exchange rate has fluctuated bidirectionally within the 7.04 to 7.3 range, appreciating approximately 3% year-to-date; the offshore market has fluctuated between 7.02 and 7.4. The most notable event was on December 15, when the RMB strengthened past the 7.05 mark, continuing to rise to 7.0404, hitting a nearly 14-month high.
This shift breaks the pattern of RMB depreciation against the USD for three consecutive years from 2022 to 2024. To understand the logic behind this round of appreciation, it is necessary to examine the long-term trend of USD/RMB from multiple dimensions.
Core Factors Determining the USD/RMB Exchange Rate
The movement of the US Dollar Index is the main driving force
In the first half of the year, the USD Index fell from 109 at the beginning of the year to about 98, a decline of nearly 10%, the weakest since the 1970s

The silver market is experiencing a rare decade-long structural revaluation. The rally in 2025, driven by the immediate needs of the photovoltaic industry and supply shortages, has turned this asset, once jokingly called "poor man's gold," into the most explosive potential among commodities. But in this market trend, is it safer to buy physical silver, trade CFDs for gains, or adopt a steady ETF allocation? The answer is far more complex than you think.
Why will silver become the most watched asset in 2026?
This is not just a simple "gold rises, silver follows." The underlying logic of this silver rally has completely changed:
Desperate supply situation
The global annual silver production capacity is about 25,000 tons, but over 70% of it is byproduct from copper mines, making rapid expansion difficult. Meanwhile, LBMA inventories have fallen from 36,700 tons five years ago to 24,600 tons, a 35% decline, hitting a near ten-year low. More critically, the demand for silver in the photovoltaic industry is growing exponentially—

The price-to-earnings ratio (P/E ratio) is an important indicator for evaluating a company's value. Investors need to understand its calculation methods and types, including static, market, and dynamic P/E ratios. Its reasonableness can be assessed through industry benchmarking and historical trend analysis. Although the P/E ratio has advantages, attention should also be paid to corporate debt and its inapplicability to unprofitable companies, and it should be combined with other indicators such as PB and PS for comprehensive analysis.

This article discusses the advantages and investment strategies of gold funds, emphasizing the trading convenience, cost-effectiveness, and low entry barriers of gold ETFs. There are three main types of gold funds in the market: spot ETFs, derivative ETFs, and gold stock ETFs. After analyzing the performance of gold funds in the Taiwan and US markets, it is noted that US products generally outperform those in Taiwan. Finally, it offers investment strategies such as balanced allocation, fixed amount investing, and tactical adjustments, recommending investors choose suitable products based on their risk preferences.