ZKProofEnthusiast

Digital wallets (also called electronic wallets) are becoming a vital infrastructure in today's cashless society. By consolidating payment information, multiple payment methods, and access authentication for various services into a single device, users can seamlessly complete transactions through near-field communication or online shopping platforms.
Market Size Expansion and Major Player Trends
As of 2023, the global digital wallet market is experiencing remarkable growth. The rapid proliferation of smartphones and the explosive increase in online payment demand are driving this expansion. PayPal, Apple Pay, Google Wallet, Samsung

Trump's strategy to appoint temporary Federal Reserve governors aims to influence monetary policy for economic growth but risks undermining market confidence and increasing systemic risk. This dual approach has significant implications for asset performance and financial stability.

A delivery worker from Zhejiang made headlines this year after turning 500 USDT into 60,000 USDT within six months—a staggering 120-fold return that dwarfed his entire decade of delivery earnings. His secret? A disciplined approach to the 5-day moving average strategy, a method so straightforward th

Tax filing season often brings confusion for business owners and independent contractors alike. The distinction between Form 1099-MISC and Form 1099-NEC is crucial—choosing the wrong one can delay your tax filing or trigger compliance issues. Here's what you need to know to navigate these two IRS fo

By December 2025, the Taiwanese dollar against the Japanese yen reached a level of 4.85, appreciating nearly 9% since the beginning of the year. Whether you're planning a shopping trip to Tokyo or positioning for hedging assets amid exchange rate fluctuations, now is the critical moment. But did you know? Simply choosing different exchange channels can result in cost differences of up to thousands of yuan.
Two main reasons to exchange for Japanese yen
Travel and Consumption
Traveling to Japan remains the favorite overseas choice for Taiwanese people. Tokyo department stores, Osaka night markets, Hokkaido hot springs—these classic attractions mostly accept cash (credit card penetration is only 60%), making yen cash a necessity. Additionally, from purchasing Japanese cosmetics and anime merchandise to online shopping in Japan, many enthusiasts are accustomed to transacting directly in yen. Those planning to study abroad or work holiday in Japan also need to exchange currency in advance to avoid the cost pressures caused by sudden exchange rate fluctuations.
Financial Investment Perspective
The Japanese yen is one of the world's three major safe-haven currencies (along with the US dollar and Swiss franc).

FTM (Fantom) has become one of the most notable blockchain projects in recent years. It has entered the competition with leading smart contract platforms like Ethereum, with clear standout features. Let's take a look at what FTM Fantom is and why it is worth watching from an investment perspective.
The core of Fantom is to solve problems that remain obstacles

Every time you open financial news, you see headlines like "US Dollar Index Hits New High" or "US Dollar Index Pulls Back." But do you really understand what the US Dollar Index (USDX) represents? How do its rises and falls relate to your stocks, gold, or even Taiwan stocks?
In fact, the US Dollar Index (abbreviated as USDX or DXY) is not just an indicator that economists pay attention to; it is also a crucial tool that every global investor should master.
What is the US Dollar Index? The "thermometer" of global finance
If you're familiar with the stock market, you've probably heard of indicators like the "S&P 500" or the "Dow Jones Industrial Average," which track the performance of a basket of stocks. The logic behind the US Dollar Index is similar; it doesn't track company stocks but measures the strength of the US dollar against six major international currencies.
The six currencies that make up the US Dollar Index are:
- Euro (EUR)
- Japanese Yen (JPY)
- British Pound (GBP)

Non-Farm Payrolls (NFP) and Small Non-Farm Payrolls: The Core Difference Between Two Employment Data Reports
Investors frequently encounter the concepts of "Non-Farm Payrolls" and "Small Non-Farm Payrolls" in market news, but what exactly do they represent?
Non-Farm Payrolls (NFP) is the official "Employment Situation Report" released monthly by the U.S. Bureau of Labor Statistics, covering three core indicators: non-farm employment, employment rate, and unemployment rate. Notably, the scope of NFP includes both private sector employment and government employment, reflecting the overall employment landscape of the U.S. non-farm population.
In contrast, Small Non-Farm Payrolls (ADP) is published by the private research firm ADP and is considered private sector data. The report is based on payroll data from approximately 500,000 U.S. companies, covering about 35 million private sector employees, focusing on employment trends within the private economy.
Release Schedule: Grasp Market Early Signals
| Data Type | Release Time

Understanding currency symbols is crucial for forex trading, as it can improve trading efficiency and simplify notation. The core of forex is currency pairs, and investors can profit from exchange rate fluctuations. Common currency symbols such as €, $, ¥ should be familiar to avoid confusion. Once you master these symbols, you can enter the forex market more smoothly and start trading.

The TWD/JPY exchange rate broke through the 4.85 level, prompting many to consider whether to exchange for yen. But is it really cost-effective to exchange yen now? What's the most economical way to do it? This article directly tests major channels like Taiwan Bank, Mega International, E.SUN, and others, calculating the true costs of each method to help you understand clearly all at once.
Is it a good time to exchange yen now? One data point tells you
As of December 10, 2025, the TWD/JPY rate rose above 4.85, appreciating by 8.7% from 4.46 at the beginning of the year. In other words, if you exchange now, you'll get over 400 more yen for 50,000 TWD compared to early this year.
But that's not all. In the second half of the year, Taiwan's foreign exchange demand grew by 25%, mainly driven by two factors: first, the recovery of travel to Japan (an increase in outbound travelers), and second, institutional and retail hedging strategies (the yen as one of the world's three major safe-haven currencies, alongside the US dollar and Swiss franc).
From a fundamental perspective, Bank of Japan Governor Ueda Kazuo

On December 10, 2025, the exchange rate of the New Taiwan Dollar (NTD) against the Japanese Yen (JPY) reached 4.85, up 8.7% from 4.46 at the beginning of the year. This wave of appreciation has led many to start paying attention to the investment value of the Yen—whether for traveling abroad, Japanese purchasing agents, or pure asset allocation, choosing the right exchange channels can save a lot of money.
Why is the Yen worth exchanging? The triple value of travel, purchasing, and investment
When it comes to foreign currencies, the most familiar to Taiwanese people is the Yen. But the reasons for needing Yen go far beyond just loving to travel to Japan.
In terms of travel and consumption, Japan still has many cash-based transaction scenarios—department stores in Tokyo and Osaka, ski resorts in Hokkaido, duty-free shops in Okinawa. Many merchants have only about 60% credit card penetration, making cash king. Additionally, online transactions for Japanese purchasing agents, anime merchandise, and cosmetics often require settlement directly in Yen.
From a financial investment perspective, the Yen is one of the three major safe-haven currencies globally (the other two are

Ten Years of Exchange Rate Fluctuations: Why the NT$ 30 Level Sparks Market Attention
The USD/NT$ exchange rate has remained within the 27 to 34 range over the past decade (October 2014 to October 2024), with a fluctuation of about 23%, which is relatively moderate compared to other global currencies. The USD/JPY exchange rate has experienced a fluctuation of up to 50% (between 99 and 161), twice the magnitude of the NT$. But why does the number 30 trigger such a significant reaction in the market?
The reason lies in the collective psychological expectations formed by historical experience — most investors generally see the USD/NT$ falling below 30 as a good opportunity to buy USD assets, while rising above 32 signals an exit point. This "yardstick in the minds of the majority" has become a decision anchor for market participants.
The core driver of the NT$'s historical exchange rate fluctuations: The Federal Reserve's policies are the key
The NT$ itself has small interest rate fluctuations, so the exchange rate movements

The four witching days in 2024 are March 15, June 21, September 20, and December 20, which mean a surge in trading volume and increased price volatility. These are the expiration settlement dates for the four major derivatives in the United States, causing stock prices to deviate from fundamentals. Long-term investors should ignore short-term fluctuations, while short-term traders need to focus on market opportunities and risks. Participation in the four witching days should be based on individual investment strategies.

What is a commodity currency
A commodity currency refers to a national currency whose exchange rate fluctuations are closely linked to the prices of certain bulk commodities or raw materials. This correlation stems from these countries' economic dependence on the export of specific commodities. Whether it’s natural resources like copper and iron ore or industrial semi-finished products like dairy, these can influence the value changes of the related national currencies.
Because these currencies are synchronized with the commodity markets, they are widely regarded as investment assets with hedging functions. During periods of inflation, these commodity currencies often demonstrate strong resilience, serving as stable anchors in investment portfolios.
Overview of the world's four major commodity currencies
Australian Dollar (AUD): A barometer of mineral resources
The Australian economy is highly dependent on the export of minerals and energy. Iron ore, coal, precious metals, and natural gas constitute the main exports. Australia plays a dominant role in global mineral trade, with iron ore and coal exports ranking among the top worldwide.

Why are Hong Kong stocks worth the attention of Taiwanese investors?
When it comes to investing in Asian stock markets, many people first think of the US or Japanese markets, but they often overlook an important opportunity—the Hong Kong stock market. For Taiwanese investors, Hong Kong stocks are not only a gateway to the international market but also an excellent channel to access China's economy and stay ahead of global tech trends.
The attractiveness of the Hong Kong stock market itself: The Hong Kong stock market has been trading since 1866, with over 150 years of history. After more than a century of evolution, it has become one of the most mature and fair markets in the world. Clear trading rules combined with a strict regulatory system allow investors to confidently plan their investments. As of May 2025, the total market capitalization of Hong Kong stocks reached $5.2 trillion, ranking among the top in the global securities markets.
Geographical advantages should not be underestimated: Taiwan, Hong Kong, and Mainland China are in the same time zone, with almost identical trading hours and no language barriers. Compared to investing in European and American markets,

What is Palladium? The Most Volatile Metal in Precious Metals
Palladium belongs to the category of precious metals, characterized by stable properties, high hardness, and expensive prices. As a highly volatile commodity among precious metals, palladium holds an important position in industrial applications and investment fields.
Palladium is mainly used in the automotive industry, electronic manufacturing, dentistry, and metal alloys. The commonly seen white K-gold on the market is actually an alloy of platinum and palladium. Unlike platinum, which has a similar appearance, palladium is slightly harder than platinum and also differs significantly in cost and price.
In 1803, British chemists first discovered palladium in platinum ore. Its name is derived from the small planet Pallas, which was named in honor of the ancient Greek goddess of wisdom.
Currently, the market price ranking is: Gold > Palladium > Platinum. The reason why palladium investment is popular is due to its large price fluctuations, which can create more profit opportunities for investors.
Palladium

Many people ask, "Can foreign exchange trading actually make money?" The answer is yes, but the premise is that you need to know how to play. As the world's largest and most liquid financial market, the forex market has a daily trading volume of over $6 trillion, far surpassing the futures and stock markets.
In the past, the forex market was only accessible to financial institutions and high-net-worth individuals. Today, with technological advancements, ordinary investors can also participate. Data shows that over 30% of daily forex trading now comes from retail traders, including derivatives like contracts for difference (CFDs), driving an exponential increase in retail investor numbers.
However, to be honest, forex trading offers great opportunities but also comes with significant risks. Most studies indicate that 70%-90% of individual investors experience losses. If you're still unsure how to trade forex, this practical experience sharing is prepared for you.
Forex Investment Insights: Understanding the Differences in Investment Channels
Before entering forex trading, you first need to understand what investment options are available.

Tech Stocks Weighting and Profitability Contradiction
The recent trend of the Nasdaq provides a typical example of market capital rotation. According to the latest data, as of Q3 2025, tech companies account for only 20.8% of overall corporate profits but contribute about 31.1% of the market value. This imbalance is prompting the market to reevaluate the valuation of Tech Stocks.
The Nasdaq's forward P/E ratio is currently about 29.3 times, far above the average of 23–24 times over the past ten years. Driven by expectations of interest rate cuts and the AI concept, Tech Stocks have received short-term support. However, this support is based on "future growth promises," and if these are not realized as expected, risks will emerge.
The Tug-of-War Between Rate Cut Expectations and Policy Uncertainty
The three major U.S. stock indices have risen for the fourth consecutive trading day recently, with the Nasdaq accumulating a gain of about 4.2% this week, closing up 0.8% at 23,214.69 points. This upward movement