Hangzhou woman bought Bitcoin and was sent to a psychiatric hospital by her husband
According to a report from Toutiao on November 14, 2019, on the eve of Double Eleven, a woman in Hangzhou spent more than 3 million yuan to buy about 60 Bitcoins. Her husband saw that her bank card was emptied and sent her directly to the psychiatric department. The attending physician of Hangzhou Municipal Hospital said that she suffered from severe compulsive consumption disorder and needed treatment. The patient has been admitted to the psychiatric department for treatment.
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Recently, CCTV's financial channel reported in detail on its economic information broadcast that the price of Bitcoin has soared, setting a new record high, with the price reaching $77,000 at one point, an increase of more than 8%. This news undoubtedly shocked many investors and viewers, because CCTV does not often report on "crazy" financial phenomena such as Bitcoin. CCTV’s History of Covering Bitcoin Looking back at CCTV's attention to Bitcoin, we can find that it has a rich history of reporting. - 2013: On May 3, the Sichuan Lushan earthquake disaster area received donations including Bitcoin, which made Bitcoin enter the public eye with a positive image for the first time. Then, CCTV introduced this emerging virtual currency through (Mysterious Bitcoin) in its program on May 4, and mentioned that it had risen dramatically in three years. One of the holders was named "China's Richest Bitcoiner" by the media.
Finding Direction in Confusion: Deep Reflection and Strategy in Crypto Investment
During the process of navigating the crypto world, investors will inevitably encounter moments of confusion. At this time, it is particularly important to pause, slow down, and reflect on one's original intentions. What is your purpose for entering the crypto world? Is it for excitement, or do you see it as an investment risk? Or is it because of the difficulties in traditional industries, hoping to turn things around in the cryptocurrency market and improve your life?
Market Review at the End of 2024 Entering 2025, we look back at the last month of 2024. Although Bitcoin closed with a bearish candlestick, it does not affect the strong position of the bulls. Bitcoin broke through historical highs at the end of 2024, and although Ethereum lagged slightly, its bottom structure's stability should not be underestimated. From the fluctuations that began in June 2022 to the breakthrough in October 2023, and then to the stable consolidation around $3,000, each step has been remarkably solid. Despite varying opinions on Ethereum in the market, its performance is tangible. The strategies of the main funds often confuse the market, causing many to overlook Ethereum's potential.
How to Improve Your Deep Thinking Ability: A Detailed Guide
In today's information age, the ability to think deeply is not only a skill but also a way of life. Here is a detailed guide on how to cultivate and improve deep thinking skills:
Motivation:Question: Why do this? What is the purpose? Is it really necessary?Method: Before starting a task or making a decision, ask yourself these questions. Clarifying your motives and purpose can help you avoid wasting time on unnecessary matters.Future:Question: In one minute, looking from a future perspective, what outcome do you hope to see?
Unveiling Online Gambling Fast Three: What You Think is Luck is Actually a Carefully Designed Trap
"Good, good, good, three points are good, the last one is five, oh, I see." Have you ever heard similar conversations in life, or seen relatives and friends doing this? You might be curious about what they are doing. Now I’ll tell you, they are addicted to an online gambling game—Fast Three. A few days ago, I had a tech-savvy friend use special technical means to access the back end of the gambling platform, revealing the mysterious tricks of these gambling schemes together. What is Fast Three? Fast Three is a gambling game based on three dice. Players can guess the total sum of the dice, which ranges from 4 to 17. The game includes guessing big or small (a total above 11 is big, below 10 is small), guessing odd or even (an odd total is odd, an even total is even), or specific combinations of points, such as when all three dice show the same number, it's called a leopard. Because of its extremely fast draw speed, it's named 'Fast Three'.
In the financial markets, especially in the cryptocurrency market, understanding the relationship between price and trading volume is crucial. Let's start with the basic concepts: Price: Price can be measured from four aspects: opening price, closing price, highest price, and lowest price. Among these prices, the closing price is the most important as it represents the market consensus at the end of the trading day. Volume: Volume directly reflects market participation. Changes in volume showcase how funds flow in and out of the market, providing a window into market sentiment and activity levels.
The scale of Bitcoin spot ETF in the United States has surpassed that of gold ETF
A shocking news is that the scale of Bitcoin spot ETF in the United States has surpassed that of gold ETF, becoming a new focus of investors. According to the analysis of Vetle Lunde, head of research at K33, as of the latest statistics, the assets under management of Bitcoin spot ETFs have reached US$129.3 billion, while the assets under management of gold ETFs are US$128.9 billion. Although gold ETFs have been in the market for 20 years, Bitcoin ETFs have surpassed them in scale in a short period of time, showing the rapid rise of crypto assets and their potential huge potential in the financial market.
This phenomenon not only reflects the market's growing confidence in digital assets, but also indicates that investors are increasingly demanding diversified investment tools beyond traditional assets. Bitcoin, known as "digital gold", is gaining more and more recognition and investment as a tool to hedge against inflation and economic uncertainty.
This shift also marks the maturity of the cryptocurrency market and its enhanced status in the mainstream financial system. Even though gold ETFs have their historical advantages and widespread recognition, the growth rate and scale of Bitcoin ETFs have surpassed those of gold ETFs, indicating investors' interest and confidence in emerging asset classes. The future investment landscape may change even more due to the rise of this emerging asset class.
From 3,000 yuan to 300,000 yuan: the strategy of doubling the cryptocurrency circle
If you only have 3,000 yuan and want to achieve a 100-fold return in the cryptocurrency world, you need to abandon the traditional concept of small monthly increases. In the cryptocurrency world, the ones that can really bring huge returns are those who seize the opportunity of a large increase - such as a 10-fold, 5-fold or even 3-fold increase.
Chase big gains instead of small profits Compound interest may be a miracle in other investment fields, but in the cryptocurrency world, a single blow-up is enough to make you lose everything. To achieve cross-class returns, you need to understand cycles, liquidity, and price behavior. When using cycles to trade contracts, focusing on larger cycles can increase your chances of winning. Remember, you are competing with people all over the world in a global financial market. The secret is to make "fast money" with "slow money", and use your wisdom and patience to win over those impatient investors who don't understand strategies.
📰 Blockchain Morning Report - December 13, 2024 📷 Follow for exclusive insights into the latest developments in the crypto world, don't miss out. 1⃣ Market Dynamics 🌞Bitcoin ($BTC): Stabilizing above $100,000 with smooth fluctuations. BlackRock's IBIT pre-market trading volume is $60 million, with 38% of orders being active buy orders. 🌙Ethereum ($ETH): Price continues to rise, and the DeFi ecosystem is gaining momentum. CryptoQuant estimates that increased institutional demand could push Ethereum past $5,000. 🌟Solana ($SOL): Fluctuating in sync with Bitcoin. ElectricCapital reports that Solana attracted the most new crypto developers in 2024 and plans to go public on NASDAQ.
📰 Blockchain Morning Report - December 11, 2024 📷Follow for exclusive insights on the latest developments in the crypto space, not to be missed. 1⃣ Market Dynamics 🌕Bitcoin ($BTC): Continues to oscillate at high levels, despite long-term holders and ETF holders selling off, with unclear buying power in the market. BlackRock's IBIT pre-market trading volume was $430 million, with 36% of orders being buys and 40% sells. Bitcoin's market share rebounds, approaching historical highs. 🌖Ethereum ($ETH): Prices continue to decline, dragging the entire altcoin market down, with altcoin season likely turning into an altcoin funeral.
📰 Blockchain Morning Report - December 10, 2024 📷 Follow for exclusive insights into the latest developments in the crypto space, don't miss out!
1⃣ Market Dynamics 🌕 Bitcoin ($BTC): Fluctuated between $96,000 and $100,000, causing volatility in the altcoin market. The crypto market experienced a major shock overnight, with BTC and others plummeting, leading to $1.7 billion in liquidations within 24 hours. Bitcoin's market share increased to 57.79% but then retraced, before subsequently rising above $98,000, with a 24-hour decline narrowed to 0.15%. The sharp drop in stocks of $MSTR and $TESLA may have impacted Bitcoin's price. 🌖 Ethereum ($ETH): Decline exceeded expectations, but was less than Bitcoin's drop. CryptoQuant analysts warn that Ethereum's funding rates have hit a several-month high, and investors should be cautious of short-term adjustment risks.
📰 Blockchain Morning Report - December 09, 2024 📷Follow for exclusive insights into the latest developments in the crypto space, don't miss out.
1⃣ Market Dynamics 🌕Bitcoin ($BTC): Surpasses $100,000 on weekdays again, possibly influenced by CME's opening. El Salvador's president discloses the country's Bitcoin investment portfolio, with unrealized gains exceeding $333 million. Michael Saylor hints at increasing Bitcoin holdings for the fifth consecutive week. 🌖Ethereum ($ETH): The entire ecosystem begins to thrive, the failed ReStake project revives, DeFi projects like $UNI, $AAVE, $LINK, etc. lead the way. Total open positions for Ethereum contracts across the network reach $27.52 billion, with net supply increasing by 2,591.7 coins in the past 7 days.
📰 Blockchain Morning Report - December 06, 2024 📷Follow us for exclusive interpretations of the latest developments in the crypto world, don't miss out.
1⃣ Market Dynamics 🌕Bitcoin ($BTC): After breaking through $100,000 for the first time and reaching $103,000, it fell to around $90,000 in the early morning, creating the largest drop within an hour. Trump congratulated this but the market then saw increased demand for bearish options and intensified leverage trading. 🌖Ethereum ($ETH): After more than half a year, it broke through $4000 but then pulled back, showing market interest in a rebound. 🌗Solana ($SOL): Became the only rising TOP 10 token in the past 24 hours, leading the rebound.
📰 Blockchain Morning Report - December 5, 2024 📷 Follow for exclusive insights into the latest developments in the crypto space, not to be missed.
1⃣ Market Dynamics 🌕 Bitcoin ($BTC): Once again attempting to break through the $100,000 mark, attracting 690,000 viewers on Twitter. Powell refers to Bitcoin as digital gold, not a competitor to the dollar. Bitfinex analysts point out that Bitcoin needs new buyers to absorb the selling pressure from long-term holders to break through $100,000. CryptoQuant data shows retail investor demand for BTC has reached its highest level since 2020.
📰 Blockchain Morning Report - December 4, 2024 📷 Follow for exclusive insights into the latest developments in the crypto world, not to be missed. 1⃣ Market Dynamics 🌕 Bitcoin ($BTC): After a rapid rebound from a drop influenced by South Korean policies, it provides investors with opportunities to buy altcoins at a low. Recently, 19,487 BTC flowed out of Coinbase, totaling approximately $1.87 billion. 🌖 Ethereum ($ETH): Continues to decline, making it difficult to understand its correlation with the so-called 'altcoin season.' 🌗 Solana ($SOL): Showing an upward trend independent of Bitcoin, the NYSE has applied to convert Grayscale Solana Trust into a spot SOL ETF.
📰 Blockchain Morning Report - December 03, 2024 📷 Follow us for exclusive insights into the latest developments in the cryptocurrency space, don't miss out!
1⃣ Market Dynamics 🌕Bitcoin ($BTC): $BTC remains stable, allowing other altcoins to shine. Miner Marathon Digital plans to raise up to $805 million to buy more Bitcoin, while MicroStrategy has added 15,400 Bitcoin, worth $1.5 billion. The government has also conducted large Bitcoin transfers to Coinbase and new addresses. 🌖Ethereum ($ETH): The exchange rate has dropped again, indicating difficulty in sustaining an upward trend in the short term.
📰 Blockchain Morning Report - December 2, 2024 📷 Follow for exclusive insights into the latest developments in the crypto space, don't miss out.
1⃣ Market Dynamics 🌕 Bitcoin ($BTC): Although $BTC's price remains relatively stable, its market share has dropped to 56.75%, with analysts suggesting this could indicate the arrival of 'altcoin season.' Additionally, historical data shows that Bitcoin typically experiences significant gains in December of halving years, so this month's returns are worth looking forward to. 🌖 Ethereum ($ETH): $ETH price continues to rebound, the entire Ethereum ecosystem enters a counterattack phase, DeFi projects are beginning to rediscover their value, returning to the top 30 in global asset market capitalization, and the total locked value of Ethereum liquidity re-staking protocols has surpassed $15 billion.
📰Blockchain Morning Report - November 30, 2024 📷 Follow us for exclusive insights into the latest developments in the crypto world, don't miss out!
1⃣Market Dynamics 🌕Bitcoin ($BTC): Bitcoin attempted to break $100,000 in the evening but was unsuccessful. BlackRock's IBIT ETF performed strongly in pre-market trading, with a trading volume of $49 million and active buy orders accounting for 43%. Bitwise analysts noted that a stronger dollar might prevent Bitcoin from breaking through further. 🌖Ethereum ($ETH): Despite continuous positive news, $ETH has not been able to keep up with Bitcoin's rise. 🌗Solana ($SOL): The only token able to keep up with Bitcoin's upward trend, its on-chain activity remains robust, unaffected by centralized exchange market trends.
📰 Blockchain Morning News - November 29, 2024 📷Follow me and I will exclusively interpret the latest developments in the cryptocurrency world for you every day!
1⃣Market Dynamics 🌕Bitcoin ($BTC): $BTC looks to be on the verge of breaking $100,000, but achieving this goal requires greater trading volume support, or the help of ETFs, or changes in market depth over the weekend. CryptoQuant's CEO said that Bitcoin's market dominance is unlikely to weaken in the short term. 🌖Ethereum ($ETH): Ethereum ecosystem projects are booming. It is unclear whether it is due to market manipulation or natural growth. The current situation is good. Ethereum co-founder Jeffrey Wilcke transferred 20,000 ETH to Kraken, showing his confidence in holding ETH.
📰 Blockchain Morning Report - November 28, 2024 📷Exclusive insights into the latest dynamics in the cryptocurrency space, follow us so you don't miss out! 1⃣Market Dynamics 🌕Bitcoin ($BTC): Bitcoin price rebounds strongly, breaking above $96,000, boosting market sentiment. Galaxy predicts Bitcoin will break $100,000 in the short term, and is bullish for the next two years. Meanwhile, long-term holders sold $60 billion in Bitcoin over the past 30 days, marking the largest profit-taking since this bull market began. 🌖Ethereum ($ETH): Ethereum price breaks above $3,600, and the entire Ethereum ecosystem shows a surge trend, bringing ecological prosperity. Greeks.live data shows that ETH implied volatility remains high, with bullish sentiment far exceeding bearish.