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The Impact of Strong Consensus on Bitcoin1. Regarding price stability - Positive impact: - Strong consensus increases the market demand for Bitcoin. When market participants reach a high level of consensus on Bitcoin's value, more investors are willing to hold Bitcoin. For instance, during periods when institutional investors collectively enter the market, they buy large amounts of Bitcoin based on their shared recognition of Bitcoin's future value. This consensus acts like an invisible force that drives up the price of Bitcoin. Moreover, this upward trend may remain relatively stable under the support of strong consensus, as investors generally believe that Bitcoin's value will not easily drop to zero.

The Impact of Strong Consensus on Bitcoin

1. Regarding price stability
- Positive impact:
- Strong consensus increases the market demand for Bitcoin. When market participants reach a high level of consensus on Bitcoin's value, more investors are willing to hold Bitcoin. For instance, during periods when institutional investors collectively enter the market, they buy large amounts of Bitcoin based on their shared recognition of Bitcoin's future value. This consensus acts like an invisible force that drives up the price of Bitcoin. Moreover, this upward trend may remain relatively stable under the support of strong consensus, as investors generally believe that Bitcoin's value will not easily drop to zero.
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Decentralized Video Publishing for ProfitLiu Jun and Zhang Lin run a traditional breakfast shop in a small city's bustling area, primarily serving soy milk, fried dough sticks, and soup dumplings. They work from dawn until noon every day; although their business is stable, it barely covers expenses. By chance, their son recommended the decentralized platform COS.TV to them and suggested documenting the daily life of the breakfast shop. Although the couple knew nothing about making videos or the internet, with their son's help, they decided to give it a try. Their first video on how to make soup dumplings detailed every step from kneading the dough, filling it, to steaming it, showcasing the hustle and bustle of the kitchen, and it garnered a lot of views and likes. Thanks to COS.TV's decentralized reward mechanism, views, likes, and comments were converted into COS token income.

Decentralized Video Publishing for Profit

Liu Jun and Zhang Lin run a traditional breakfast shop in a small city's bustling area, primarily serving soy milk, fried dough sticks, and soup dumplings. They work from dawn until noon every day; although their business is stable, it barely covers expenses.

By chance, their son recommended the decentralized platform COS.TV to them and suggested documenting the daily life of the breakfast shop. Although the couple knew nothing about making videos or the internet, with their son's help, they decided to give it a try.

Their first video on how to make soup dumplings detailed every step from kneading the dough, filling it, to steaming it, showcasing the hustle and bustle of the kitchen, and it garnered a lot of views and likes. Thanks to COS.TV's decentralized reward mechanism, views, likes, and comments were converted into COS token income.
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The Relationship Between Dogecoin and TeslaIn today's cryptocurrency market, Dogecoin presents a unique value logic. Its value can be viewed as an 'enhanced leverage' of Tesla, SpaceX, and PayPal. When you purchase Dogecoin, it feels like holding a special 'debt' of Tesla, except Musk will not pay you back directly. The price of Dogecoin always fluctuates around this special value, so as long as you can deeply understand Tesla's development trends, navigating Dogecoin is not difficult. The current situation in the cryptocurrency circle is very eye-catching and interesting. Bitcoin has evolved into a 'follower' of the US stock market, with its status in the market nearly comparable to traditional safe-haven assets like gold; meanwhile, Dogecoin closely follows in Tesla's footsteps, becoming its 'follower.'

The Relationship Between Dogecoin and Tesla

In today's cryptocurrency market, Dogecoin presents a unique value logic. Its value can be viewed as an 'enhanced leverage' of Tesla, SpaceX, and PayPal. When you purchase Dogecoin, it feels like holding a special 'debt' of Tesla, except Musk will not pay you back directly. The price of Dogecoin always fluctuates around this special value, so as long as you can deeply understand Tesla's development trends, navigating Dogecoin is not difficult.

The current situation in the cryptocurrency circle is very eye-catching and interesting. Bitcoin has evolved into a 'follower' of the US stock market, with its status in the market nearly comparable to traditional safe-haven assets like gold; meanwhile, Dogecoin closely follows in Tesla's footsteps, becoming its 'follower.'
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Analysis of China-US Economic SituationIn the current global economic landscape, the world is exhibiting a certain degree of disorder, which is caused by the friction effects arising from the intense competition among various global forces during the transition between economic cycles, filled with numerous uncertainties. As the two largest economies in the world, the competition between China and the United States undoubtedly constitutes the core melody in the global power game. Recently, a phenomenon that has puzzled many market observers is that despite the Federal Reserve having implemented two interest rate cuts and entering a rate-cutting cycle, the US dollar index has not fallen but has risen, continuously setting new high records. From a conventional economic logic perspective, the start of a rate-cutting process by the Federal Reserve usually triggers expectations of dollar depreciation, but the reality contradicts this. The reasons for this abnormal phenomenon are complex and multifaceted.

Analysis of China-US Economic Situation

In the current global economic landscape, the world is exhibiting a certain degree of disorder, which is caused by the friction effects arising from the intense competition among various global forces during the transition between economic cycles, filled with numerous uncertainties. As the two largest economies in the world, the competition between China and the United States undoubtedly constitutes the core melody in the global power game.

Recently, a phenomenon that has puzzled many market observers is that despite the Federal Reserve having implemented two interest rate cuts and entering a rate-cutting cycle, the US dollar index has not fallen but has risen, continuously setting new high records. From a conventional economic logic perspective, the start of a rate-cutting process by the Federal Reserve usually triggers expectations of dollar depreciation, but the reality contradicts this. The reasons for this abnormal phenomenon are complex and multifaceted.
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Bella AI Signal Bot 2.0 has the following key points: Core functions - Real-time signal generation: Relying on five AI models to analyze market trends, provide "long" and "short" signals, and push them instantly through Telegram to assist trading decisions. - Risk management: Contains stop-loss function to protect investments in highly volatile markets. Innovation breakthroughs - Algorithm optimization: Added a warning prompt system to use AI algorithms to predict the market in advance and reduce risks. - Win rate improvement: Use complex data analysis models to improve signal accuracy and increase trading win rate. - Ecological development: Promote BSC chain AI applications and enrich trading tools and environments. Community impact - Good feedback: The first version was well received by the crypto community and facilitated users. - Looking to the future: Bella Protocol will continue to invest in AI technology to promote the development of AI applications in the DeFi field. Significance of joining - Personal advantages: Help traders simplify transactions, improve security and profitability. - Industry promotion: Promote the application of AI in the trading field and build an intelligent and inclusive crypto ecosystem. #币安Alpha公布第5批项目
Bella AI Signal Bot 2.0 has the following key points:

Core functions
- Real-time signal generation: Relying on five AI models to analyze market trends, provide "long" and "short" signals, and push them instantly through Telegram to assist trading decisions.
- Risk management: Contains stop-loss function to protect investments in highly volatile markets.

Innovation breakthroughs
- Algorithm optimization: Added a warning prompt system to use AI algorithms to predict the market in advance and reduce risks.
- Win rate improvement: Use complex data analysis models to improve signal accuracy and increase trading win rate.
- Ecological development: Promote BSC chain AI applications and enrich trading tools and environments.

Community impact
- Good feedback: The first version was well received by the crypto community and facilitated users.
- Looking to the future: Bella Protocol will continue to invest in AI technology to promote the development of AI applications in the DeFi field.

Significance of joining
- Personal advantages: Help traders simplify transactions, improve security and profitability.
- Industry promotion: Promote the application of AI in the trading field and build an intelligent and inclusive crypto ecosystem.
#币安Alpha公布第5批项目
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Knowledge Dissemination: Bitcoin Market DominanceBTC Dominance refers to the market capitalization of Bitcoin as a percentage of the total market capitalization of the entire cryptocurrency market. The related introduction is as follows: Calculation Method It is calculated by dividing Bitcoin's market capitalization by the total market capitalization of the top 125 cryptocurrencies, then multiplying by 100%. Historical Changes - In 2013, Bitcoin's market dominance reached as high as 90%, when the cryptocurrency field was in its early development stage with relatively few projects. - In 2017, with the emergence of a large number of 'altcoins', Bitcoin's market dominance significantly dropped to 41%. - In 2021, Bitcoin's market dominance fell again to around 40%.

Knowledge Dissemination: Bitcoin Market Dominance

BTC Dominance refers to the market capitalization of Bitcoin as a percentage of the total market capitalization of the entire cryptocurrency market. The related introduction is as follows:

Calculation Method
It is calculated by dividing Bitcoin's market capitalization by the total market capitalization of the top 125 cryptocurrencies, then multiplying by 100%.

Historical Changes
- In 2013, Bitcoin's market dominance reached as high as 90%, when the cryptocurrency field was in its early development stage with relatively few projects.
- In 2017, with the emergence of a large number of 'altcoins', Bitcoin's market dominance significantly dropped to 41%.
- In 2021, Bitcoin's market dominance fell again to around 40%.
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Knowledge Popularization: Sideways MarketIn the cryptocurrency market, a sideways market is a type of price trend. 1. Definition Sideways refers to a period during which the price of cryptocurrencies (such as Bitcoin, Ethereum, etc.) fluctuates within a relatively small range without a clear upward or downward trend. For example, if Bitcoin's price hovers between $30,000 and $32,000 for several days or weeks, making it difficult to break through $32,000 upward or to drop below $30,000 significantly, this situation is classified as sideways. 2. Causes 1. Balance of Bull and Bear Forces In the market, the forces of bulls (investors who are optimistic about the market and expect prices to rise) and bears (investors who are pessimistic about the market and expect prices to fall) reach a relatively balanced state. For example, some investors believe that the current price is at a reasonable level with limited room for future increases, so they are not in a hurry to buy; while others feel that although there is some pressure on the price, there is not enough reason to prompt them to sell off significantly. This results in a counterbalancing effect between buyers and sellers, causing the price to fluctuate within a range.

Knowledge Popularization: Sideways Market

In the cryptocurrency market, a sideways market is a type of price trend.

1. Definition

Sideways refers to a period during which the price of cryptocurrencies (such as Bitcoin, Ethereum, etc.) fluctuates within a relatively small range without a clear upward or downward trend. For example, if Bitcoin's price hovers between $30,000 and $32,000 for several days or weeks, making it difficult to break through $32,000 upward or to drop below $30,000 significantly, this situation is classified as sideways.

2. Causes

1. Balance of Bull and Bear Forces
In the market, the forces of bulls (investors who are optimistic about the market and expect prices to rise) and bears (investors who are pessimistic about the market and expect prices to fall) reach a relatively balanced state. For example, some investors believe that the current price is at a reasonable level with limited room for future increases, so they are not in a hurry to buy; while others feel that although there is some pressure on the price, there is not enough reason to prompt them to sell off significantly. This results in a counterbalancing effect between buyers and sellers, causing the price to fluctuate within a range.
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No Need to Panic Over Powell's RemarksFirstly, it is normal for the Federal Reserve not to accept Bitcoin; accepting Bitcoin would be against reason. Expecting the Federal Reserve to recognize Bitcoin is similar to asking Federal Reserve Chairman Powell to act against his core responsibilities and positions. As the central bank of the United States, the Federal Reserve has critical functions such as formulating and implementing monetary policy, with currency issuance being one of its important tasks. By controlling the quantity and pace of U.S. dollar issuance, it aims to stabilize the domestic economic order and maintain the U.S. dollar's dominant position in the international monetary system. Bitcoin is a cryptocurrency based on blockchain technology, characterized by a clear decentralization feature in its design. It has a total supply cap of 21 million coins, which challenges and responds to the issue of currency overproduction in traditional fiat currency systems. This fundamentally creates a conceptual opposition to fiat currencies, especially the U.S. dollar, which is widely circulated globally. Given the significant differences in nature, objectives, and operational logic between Bitcoin and the U.S. dollar, it is nearly infeasible for the Federal Reserve to accept Bitcoin.

No Need to Panic Over Powell's Remarks

Firstly, it is normal for the Federal Reserve not to accept Bitcoin; accepting Bitcoin would be against reason. Expecting the Federal Reserve to recognize Bitcoin is similar to asking Federal Reserve Chairman Powell to act against his core responsibilities and positions.

As the central bank of the United States, the Federal Reserve has critical functions such as formulating and implementing monetary policy, with currency issuance being one of its important tasks. By controlling the quantity and pace of U.S. dollar issuance, it aims to stabilize the domestic economic order and maintain the U.S. dollar's dominant position in the international monetary system.

Bitcoin is a cryptocurrency based on blockchain technology, characterized by a clear decentralization feature in its design. It has a total supply cap of 21 million coins, which challenges and responds to the issue of currency overproduction in traditional fiat currency systems. This fundamentally creates a conceptual opposition to fiat currencies, especially the U.S. dollar, which is widely circulated globally. Given the significant differences in nature, objectives, and operational logic between Bitcoin and the U.S. dollar, it is nearly infeasible for the Federal Reserve to accept Bitcoin.
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In the cryptocurrency field, there are some trading strategies mentioned by certain investors; however, these strategies do not possess absolute certainty and reliability. Firstly, there is a viewpoint that suggests a correlation between the duration of a sideways market and the subsequent price increase, meaning the longer the sideways period, the higher the potential price increase that may follow. Secondly, when the cryptocurrency price is in a sideways fluctuation state, it is often seen as a sign of bottom accumulation. If a significant amount of accumulation occurs during the sideways period, it is typically interpreted as indicating that the manipulators have higher expectations and intentions. During the sideways process, if a sudden drop occurs, it is usually relatively small, and there is a high probability that a price increase will follow; conversely, if a sudden increase occurs, the rise is generally limited, and a pullback often follows after the increase. In the early potential accumulation phase of a sideways market and in the later strong accumulation phase, it often manifests as wash trading, characterized by repeated price fluctuations. Although this method seems simple and direct, it is difficult to control accurately in the actual market. Thirdly, if the cryptocurrency price does not create a new low, it is often believed that major funds are entering the market to continue accumulating chips, indicating that the market may be about to hit bottom and rebound; however, if it fails to create a new high, it may suggest that the market maker is quietly unloading, potentially leading to adverse changes in the market. Fourthly, when trading volume shrinks to a negligible state, if it is at a relatively low level, it is expected that a significant increase may be forthcoming; if at a relatively high level, it may indicate an impending significant drop. When trading volume is at a negligible state, market participants tend to be in a wait-and-see mode, with extremely low trading activity. Either investors hold chips waiting for an increase, or the market makers have cleared their chips awaiting a price drop. Fifthly, when the cryptocurrency price rises to a temporary peak and experiences a slight drop before rising again, or falls to a bottom and rebounds before falling again and testing the bottom before rising, the former may indicate that the market maker is handling the remaining unsold chips, while the latter may suggest that the market maker is re-collecting chips that have become loose due to bottom oscillation.
In the cryptocurrency field, there are some trading strategies mentioned by certain investors; however, these strategies do not possess absolute certainty and reliability.

Firstly, there is a viewpoint that suggests a correlation between the duration of a sideways market and the subsequent price increase, meaning the longer the sideways period, the higher the potential price increase that may follow.

Secondly, when the cryptocurrency price is in a sideways fluctuation state, it is often seen as a sign of bottom accumulation. If a significant amount of accumulation occurs during the sideways period, it is typically interpreted as indicating that the manipulators have higher expectations and intentions. During the sideways process, if a sudden drop occurs, it is usually relatively small, and there is a high probability that a price increase will follow; conversely, if a sudden increase occurs, the rise is generally limited, and a pullback often follows after the increase. In the early potential accumulation phase of a sideways market and in the later strong accumulation phase, it often manifests as wash trading, characterized by repeated price fluctuations. Although this method seems simple and direct, it is difficult to control accurately in the actual market.

Thirdly, if the cryptocurrency price does not create a new low, it is often believed that major funds are entering the market to continue accumulating chips, indicating that the market may be about to hit bottom and rebound; however, if it fails to create a new high, it may suggest that the market maker is quietly unloading, potentially leading to adverse changes in the market.

Fourthly, when trading volume shrinks to a negligible state, if it is at a relatively low level, it is expected that a significant increase may be forthcoming; if at a relatively high level, it may indicate an impending significant drop. When trading volume is at a negligible state, market participants tend to be in a wait-and-see mode, with extremely low trading activity. Either investors hold chips waiting for an increase, or the market makers have cleared their chips awaiting a price drop.

Fifthly, when the cryptocurrency price rises to a temporary peak and experiences a slight drop before rising again, or falls to a bottom and rebounds before falling again and testing the bottom before rising, the former may indicate that the market maker is handling the remaining unsold chips, while the latter may suggest that the market maker is re-collecting chips that have become loose due to bottom oscillation.
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Right-Side Trading1. Timing the Trade - In an uptrend, the buying point for right-side trading usually comes after the stock price (or the price of other financial assets) breaks through significant previous resistance levels. For example, if a stock hovers around 30 yuan for a while, forming a clear consolidation area. When the stock price breaks above the 30 yuan resistance and is accompanied by increased trading volume, right-side traders believe the uptrend is confirmed and choose to buy. They believe that once the price breaks through the resistance, it is likely to start a new upward trend.

Right-Side Trading

1. Timing the Trade
- In an uptrend, the buying point for right-side trading usually comes after the stock price (or the price of other financial assets) breaks through significant previous resistance levels. For example, if a stock hovers around 30 yuan for a while, forming a clear consolidation area. When the stock price breaks above the 30 yuan resistance and is accompanied by increased trading volume, right-side traders believe the uptrend is confirmed and choose to buy. They believe that once the price breaks through the resistance, it is likely to start a new upward trend.
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In the field of cryptocurrency trading, many investors are faced with the dilemma of turning from profit to loss, among which trading strategy and mentality management are particularly critical. First of all, clarifying the type of transaction is the cornerstone. Whether it is a short-term quick entry and exit or a medium-term holding of the band, initial planning is essential. Many investors are lost in the short-term volatility profits. If they encounter a sudden pull, they will act impulsively. They are short-term transactions but mistakenly add the band. Once they retrace, not only will the cost of adding positions increase, but they may also be forced out due to poor position management and miss the subsequent gains. Secondly, it takes methods to deal with the rising market. Steady rises usually advance in stages, but most investors cannot bear the pressure of retracement and blindly "pattern". In fact, a reasonable pattern should be based on scientific analysis and strategy, rather than simple subjective conjecture. Furthermore, from the perspective of market distribution, about 90% of cryptocurrencies will rise and fall on the same day, and only 10% can maintain stable growth. Using the "leading method" to focus on such potential currency transactions is an effective way to improve capital utilization. However, this process is not smooth sailing. For example, if the prediction of the leader is wrong or the emotional judgment is biased, it is necessary to decisively short the position. Even if you are faced with a situation of capital protection stop loss and a lower winning rate, you should not blindly follow or lead the order to avoid falling into unprofessional trading behavior. Finally, the conversion of profit to loss has a huge impact on investor confidence, which can easily lead to a vicious cycle of arbitrary opening of positions, gambling trading, and even out-of-control liquidation. If you cannot adhere to a reasonable trading strategy and pattern, the transaction will lose direction. Intraday, swing or long-term trading, orders must be placed based on clear logic, and the risk of retracement must be strictly controlled. Professional traders should adhere to independent judgment, not be easily shaken by external information, and always practice the correct way of trading, so that they can move forward steadily in the complex market of cryptocurrency trading. #圣诞行情预测
In the field of cryptocurrency trading, many investors are faced with the dilemma of turning from profit to loss, among which trading strategy and mentality management are particularly critical.

First of all, clarifying the type of transaction is the cornerstone. Whether it is a short-term quick entry and exit or a medium-term holding of the band, initial planning is essential. Many investors are lost in the short-term volatility profits. If they encounter a sudden pull, they will act impulsively. They are short-term transactions but mistakenly add the band. Once they retrace, not only will the cost of adding positions increase, but they may also be forced out due to poor position management and miss the subsequent gains.

Secondly, it takes methods to deal with the rising market. Steady rises usually advance in stages, but most investors cannot bear the pressure of retracement and blindly "pattern". In fact, a reasonable pattern should be based on scientific analysis and strategy, rather than simple subjective conjecture.

Furthermore, from the perspective of market distribution, about 90% of cryptocurrencies will rise and fall on the same day, and only 10% can maintain stable growth. Using the "leading method" to focus on such potential currency transactions is an effective way to improve capital utilization. However, this process is not smooth sailing. For example, if the prediction of the leader is wrong or the emotional judgment is biased, it is necessary to decisively short the position. Even if you are faced with a situation of capital protection stop loss and a lower winning rate, you should not blindly follow or lead the order to avoid falling into unprofessional trading behavior.

Finally, the conversion of profit to loss has a huge impact on investor confidence, which can easily lead to a vicious cycle of arbitrary opening of positions, gambling trading, and even out-of-control liquidation. If you cannot adhere to a reasonable trading strategy and pattern, the transaction will lose direction.

Intraday, swing or long-term trading, orders must be placed based on clear logic, and the risk of retracement must be strictly controlled. Professional traders should adhere to independent judgment, not be easily shaken by external information, and always practice the correct way of trading, so that they can move forward steadily in the complex market of cryptocurrency trading. #圣诞行情预测
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Overview of Bitcoin Market Dynamics and Related Corporate ActionsMicroStrategy is set to be included in the NASDAQ 100 index and announced on December 16 that it purchased 15,350 bitcoins between December 9 and 15, at a cost of approximately $1.5 billion, with an average purchase price of $100,386 per coin. After this acquisition, its total bitcoin holdings reached 439,000 coins, accounting for about 2.1% of the total bitcoin supply, with a total value of approximately $45 billion. The funds for this purchase came from about $1.5 billion raised from the sale of 3.88 million shares of stock, which is part of a broader plan to raise $42 billion through stock and bond issuance to further acquire bitcoin. Michael Saylor, the founder and chairman of MicroStrategy, compared bitcoin to New York City and its economy, calling it 'Network Manhattan.' With bitcoin prices reaching new highs, this statement has attracted attention. In an interview, Saylor declared, 'Our company will continue to buy bitcoin; every day is a good opportunity to purchase.' He stated that this situation is akin to 'buying Manhattan every year for the past 300 years.'

Overview of Bitcoin Market Dynamics and Related Corporate Actions

MicroStrategy is set to be included in the NASDAQ 100 index and announced on December 16 that it purchased 15,350 bitcoins between December 9 and 15, at a cost of approximately $1.5 billion, with an average purchase price of $100,386 per coin. After this acquisition, its total bitcoin holdings reached 439,000 coins, accounting for about 2.1% of the total bitcoin supply, with a total value of approximately $45 billion. The funds for this purchase came from about $1.5 billion raised from the sale of 3.88 million shares of stock, which is part of a broader plan to raise $42 billion through stock and bond issuance to further acquire bitcoin. Michael Saylor, the founder and chairman of MicroStrategy, compared bitcoin to New York City and its economy, calling it 'Network Manhattan.' With bitcoin prices reaching new highs, this statement has attracted attention. In an interview, Saylor declared, 'Our company will continue to buy bitcoin; every day is a good opportunity to purchase.' He stated that this situation is akin to 'buying Manhattan every year for the past 300 years.'
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According to Foresight News, by late November 2024, the total user assets involved in South Korea's five major cryptocurrency exchanges will for the first time exceed 115.7 trillion won, with a month-on-month increase of about 50 trillion won, creating a new historical peak. In terms of trading conditions, the monthly trading volume of stablecoins in November surged to 16 trillion won, which is more than six times the amount at the beginning of the year, indicating a trend of capital flowing to overseas markets. In response, South Korean financial regulatory authorities have strengthened supervision and management of unusual trading activities and have issued warnings regarding tokens with significant price differences across various exchanges. #圣诞行情预测
According to Foresight News, by late November 2024, the total user assets involved in South Korea's five major cryptocurrency exchanges will for the first time exceed 115.7 trillion won, with a month-on-month increase of about 50 trillion won, creating a new historical peak.

In terms of trading conditions, the monthly trading volume of stablecoins in November surged to 16 trillion won, which is more than six times the amount at the beginning of the year, indicating a trend of capital flowing to overseas markets. In response, South Korean financial regulatory authorities have strengthened supervision and management of unusual trading activities and have issued warnings regarding tokens with significant price differences across various exchanges. #圣诞行情预测
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Quantitative Web2 vs Web3In the development process of the financial sector, some practitioners have ventured into the cryptocurrency space after experiencing the operation of traditional financial systems. There are many differences and phenomena between the two that are worth discussing. In terms of data acquisition, taking quantitative trading as an example, in the cryptocurrency space, it is quite common and tacitly accepted to provide currency data monitoring for semi-automated quantitative trading robots through public APIs like Binance or other data scraping methods. However, in the traditional financial domain, similar behaviors of acquiring exchange data might violate legal boundaries and face the risk of legal sanctions.

Quantitative Web2 vs Web3

In the development process of the financial sector, some practitioners have ventured into the cryptocurrency space after experiencing the operation of traditional financial systems. There are many differences and phenomena between the two that are worth discussing.

In terms of data acquisition, taking quantitative trading as an example, in the cryptocurrency space, it is quite common and tacitly accepted to provide currency data monitoring for semi-automated quantitative trading robots through public APIs like Binance or other data scraping methods. However, in the traditional financial domain, similar behaviors of acquiring exchange data might violate legal boundaries and face the risk of legal sanctions.
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As of now, the market value of gold is about 17.87 trillion US dollars, while the market value of Bitcoin has reached about 2.07 trillion US dollars, which means that the current market value of Bitcoin is about 12% of the market value of gold. But optimists believe that Bitcoin's growth potential is considerable. They believe that as the market matures and more institutions enter, the market value of Bitcoin is expected to gradually approach and surpass gold in the next few years. What do you think? #市场全线看牛?
As of now, the market value of gold is about 17.87 trillion US dollars, while the market value of Bitcoin has reached about 2.07 trillion US dollars, which means that the current market value of Bitcoin is about 12% of the market value of gold.
But optimists believe that Bitcoin's growth potential is considerable. They believe that as the market matures and more institutions enter, the market value of Bitcoin is expected to gradually approach and surpass gold in the next few years.
What do you think? #市场全线看牛?
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Analysis of the risks and countermeasures of cryptocurrency withdrawalI. Analysis of core risks 1. Risk of unknown source of funds When trading with U-merchants, the legality of the funds cannot be confirmed. The funds may come from legal channels, or may involve illegal activities such as fraud and money laundering. Once illegal funds are involved, the account will face the risk of freezing and investigation when the bank or relevant departments investigate. 2. Risk of retroactive freezing Even though the transaction may seem normal at the time, it may still be frozen retroactively months or even years later due to historical funding issues of the U merchant. As shown in some cases, the retroactive time span can be up to two years. After the account is frozen, the appeal requires sufficient proof of the legal source of funds, which is a complicated and time-consuming process.

Analysis of the risks and countermeasures of cryptocurrency withdrawal

I. Analysis of core risks
1. Risk of unknown source of funds
When trading with U-merchants, the legality of the funds cannot be confirmed. The funds may come from legal channels, or may involve illegal activities such as fraud and money laundering. Once illegal funds are involved, the account will face the risk of freezing and investigation when the bank or relevant departments investigate.

2. Risk of retroactive freezing
Even though the transaction may seem normal at the time, it may still be frozen retroactively months or even years later due to historical funding issues of the U merchant. As shown in some cases, the retroactive time span can be up to two years. After the account is frozen, the appeal requires sufficient proof of the legal source of funds, which is a complicated and time-consuming process.
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Radiant Capital Theft Incident Review: Analysis of North Korean Hacker Attack1. Incident Overview On October 16, 2024, Radiant Capital, a decentralized cross-chain lending protocol based on LayerZero, was hacked, resulting in the theft of authorized project contract funds amounting to approximately $50 million. An investigation conducted by several security companies, including Mandiant, hired by the project officials, strongly believes that this attack is related to North Korea. 2. Attack Process 1. Disguise: On September 11, a Radiant Capital developer received a Telegram message disguised as a 'Contractor' (outsourcing personnel), claiming to be working on a new smart contract audit and requesting assistance in reviewing the project report, along with an attached compressed file. The message also used a fake website that closely resembled the real domain as a personal homepage, which led the developer to fall for the scam.

Radiant Capital Theft Incident Review: Analysis of North Korean Hacker Attack

1. Incident Overview
On October 16, 2024, Radiant Capital, a decentralized cross-chain lending protocol based on LayerZero, was hacked, resulting in the theft of authorized project contract funds amounting to approximately $50 million. An investigation conducted by several security companies, including Mandiant, hired by the project officials, strongly believes that this attack is related to North Korea.

2. Attack Process
1. Disguise: On September 11, a Radiant Capital developer received a Telegram message disguised as a 'Contractor' (outsourcing personnel), claiming to be working on a new smart contract audit and requesting assistance in reviewing the project report, along with an attached compressed file. The message also used a fake website that closely resembled the real domain as a personal homepage, which led the developer to fall for the scam.
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Advancing in Cryptocurrency Trading: Key Insights and Strategies Every Newcomer Must HaveIn today's financial investment field, the cryptocurrency market attracts numerous participants with its unique charm. In recent years, its popularity has continued to rise, with a large number of investors flooding into the crypto space. I also started from scratch, navigating this unpredictable market, experiencing the journey from initial ignorance to gradually maturing into a stable investment process. Here, I would like to share several profound insights and experiences I have accumulated in practice, especially hoping to provide practical reference guidance for newcomers to the crypto space. 1. Investment Mindset: Calmness and Rationality are the Keys to Success

Advancing in Cryptocurrency Trading: Key Insights and Strategies Every Newcomer Must Have

In today's financial investment field, the cryptocurrency market attracts numerous participants with its unique charm. In recent years, its popularity has continued to rise, with a large number of investors flooding into the crypto space. I also started from scratch, navigating this unpredictable market, experiencing the journey from initial ignorance to gradually maturing into a stable investment process. Here, I would like to share several profound insights and experiences I have accumulated in practice, especially hoping to provide practical reference guidance for newcomers to the crypto space.

1. Investment Mindset: Calmness and Rationality are the Keys to Success
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Trump Rings Bell to Open Market, Triggering Chain Reactions Across Multiple Fields and In-Depth Market Analysis1. Core Event Focus U.S. President-elect Donald Trump rings the opening bell at the New York Stock Exchange. This event coincides with his recognition as Time Magazine's Person of the Year for 2024, drawing global attention and making him the focal point of public opinion and market interest, thereby initiating a series of economic and policy chain reactions. 2. Manufacturing Tax Strategy Layout In an interview after ringing the opening bell, Trump unveiled his meticulously planned manufacturing tax strategy. He proposed a 21% tax 'red line' targeting overseas production companies, aiming to create a strong deterrent against relocating production bases. Conversely, local manufacturing companies would benefit from a significantly reduced tax rate of 15%, designed to leverage tax incentives fully, attract companies back to the U.S., and restore the glory of American manufacturing, laying a solid foundation for local economic recovery and growth.

Trump Rings Bell to Open Market, Triggering Chain Reactions Across Multiple Fields and In-Depth Market Analysis

1. Core Event Focus
U.S. President-elect Donald Trump rings the opening bell at the New York Stock Exchange. This event coincides with his recognition as Time Magazine's Person of the Year for 2024, drawing global attention and making him the focal point of public opinion and market interest, thereby initiating a series of economic and policy chain reactions.

2. Manufacturing Tax Strategy Layout
In an interview after ringing the opening bell, Trump unveiled his meticulously planned manufacturing tax strategy. He proposed a 21% tax 'red line' targeting overseas production companies, aiming to create a strong deterrent against relocating production bases. Conversely, local manufacturing companies would benefit from a significantly reduced tax rate of 15%, designed to leverage tax incentives fully, attract companies back to the U.S., and restore the glory of American manufacturing, laying a solid foundation for local economic recovery and growth.
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