FTT briefly touched 1.85 USDT, rising more than 45% in 24 hours

According to news, Binance market data shows that FTT briefly touched 1.85 USDT, a new high since November 14, 2022, and is now quoted at 1.76 USDT, a 24-hour increase of 45.97%.

270,000 USDT was transferred to the wrong address, a huge loss that cannot be recovered! 😱

Today, an unfortunate user made a major mistake when making a transfer😱 and mistakenly sent 270,000 USDT to the USDT contract address! According to Scopescan monitoring, the address starting with 0xE982 has become the "main focus" of this incident. This means that without the help of Tether (the issuing company of USDT), these USDT will be difficult to retrieve. 😰

It is understood that 910,000 USDT have been accidentally flowed into the USDT contract address, causing huge losses to users. 😔

The blockchain industry is full of opportunities, but it also comes with risks. In the Bitcoin market, we need to maintain an optimistic attitude, but we must always pay attention to industry trends to ensure the safety of assets. 💪 Let us work together to promote the continuous development of the blockchain industry!

Bitcoin Inscription Token: Revolutionizing Decentralization

Contract loopholes and hacks, fund withdrawals and manipulation, are disgusting. As more and more people wake up, the inscription tokens on the Bitcoin chain become truly decentralized, ownerless currency. Planning in the Bitcoin ecosystem and the BRC20 track may be promising, but please note that this is just information sharing and does not constitute investment advice. Investment involves risks and caution is required when entering the market.

Share some successful tips for using cryptocurrency payments in contracts

Accepting cryptocurrency payments in a contract is a relatively easy task, but there are some key considerations. Here are some simple tips for paying with cryptocurrency:

1. Determine the specific amount: The simplest way is to make it clear in the contract that both parties agree on the specific amount of a specific cryptocurrency, such as 100 BNB or 1 BTC. This can avoid conversion rate and ambiguity issues, provide the receiving address or Binance Pay ID, and the transaction can be completed after the other party pays. However, this approach may be more sensitive to fluctuations in cryptocurrency prices, especially if the contract involves multiple long-term payments.

2. Specify a fiat amount: Another method is to specify a specific fiat amount to be paid in cryptocurrency, such as $1,000 in BTC. It's usually easier if you use stablecoins. But even stablecoins can be subject to decoupling, so you may want to include decoupling restrictions and develop alternatives.

3. Determine the exchange rate: If you specify to pay the equivalent of 1,000 US dollars in BTC, you must determine how to determine the exchange rate. You can use the daily opening price on Binance.com or the five-day average price for the day. Be as specific and objective as possible.

4. Determine the method of refund: If the contract may be terminated early or involves a deposit that will be refunded at a future date, be sure to clearly specify the currency and amount of the refund. Avoid unclear rules to ensure both parties understand the refund mechanism.

5. Consider fund management: If the amounts involved are large, fund management and conversion rates need to be considered. This may require another article to discuss in detail.

Hope this writing can help you.

Bitcoin Outlook: Sky-high Price or Market Collapse?

Regarding the future market outlook of the currency circle, the following are some predictions:

1. This rally may eventually push the price above $40,000, but it may be accompanied by some volatility and uncertainty.

2. After the rebound is over, there will still be speculation opportunities, but due to market uncertainty, many people may not be willing to buy, either because they are afraid of risks or expect lower prices.

3. Among investors who have recently played altcoins, those who have floating profits may consider profits when the market changes, but if they do not withdraw in time, they may also suffer losses.

4. The market may become more complex in the future as retail investors become more cautious and market makers may adopt more advanced strategies to operate the market.

5. In the long term, the price of Bitcoin is expected to break through the previous high, reaching $69,000, and may reach $150,000-200,000 at the peak of the bull market.

Walking time bomb: Zhao Changpeng's challenge

It is understood that CZ, the founder of Binance exchange, released a token called Atlas and used the Binance logo without obtaining permission after public accusations from Nouriel Roubini. Roubini once criticized CZ as a "walking time bomb" and also accused CZ of manipulating the market in the FTX incident.

MOVR has increased by more than 30% in the past 24 hours, and the current price is 6.2 USDT

Binance market data shows that the price of Moonriver token MOVR has experienced a short-term rise, with an increase of more than 30%. The current increase is 28.47%, and the price is 6.2 USDT.

The currency circle is shocked! The 312-style waterfall is coming, where will the market go?

Bitcoin performed stably today, with the price rising steadily, reaching a maximum of $35,999.9, entering an area of ​​active trading. Bitcoin’s weekly chart shows bullish momentum building, signaling an upward trend.

Market sentiment in previous weeks had unsettled investors, causing some to panic out. Now, bad news no longer seems to dominate the headlines, but in fact, the bad news in previous weeks may have been just a selling behavior by market makers to buy low-priced assets.

Recently, many people have been surprisingly unanimously bullish on the market, generally shouting that a bull market is coming. However, it is important to note that large bear market rallies are often the most challenging. When more and more people become bullish on the market, the likelihood of a sharp market correction increases. In the crypto market, sharp declines in bear markets are quite common, and a 50%+ drop is experienced once a year. In addition, a large-scale crash similar to the 3.12 incident may occur every 3 to 4 years. After surviving such market fluctuations, investors can operate with more confidence.

Earn over 50% while lying down! Onlookers await golden opportunity

For those friends who choose to wait and see or take short positions, I would like to say that the reason why we have released fewer recommended currencies recently is because at the end of September and early October, we had already carried out spot layout, and we have already obtained at least more than 50% of the profits. .

If you chase the rise at the current price, once Bitcoin pulls back, you may be trapped in the dilemma of buying at high prices, which will make you feel uncomfortable. Even if Bitcoin continues to rise and break out, there will still be opportunities for pullbacks, and pullbacks are a good time for you to enter the market.

If you choose to wait and see or take a short position, you don't have to worry about losing money, just wait patiently for the next opportunity to intervene.