Join us on Our 2 channelBinance, the global cryptocurrency exchange giant, stirred up quite a buzz recently. Reports from the Wall Street Journal (WSJ) revealed astonishing numbers – $90 billion worth of cryptocurrency-related assets were traded on Binance within a single month in China, a market where cryptocurrency trading was banned since 2021. 📈💰This revelation instantly turned heads, and for a good reason. Let's break it down in simpler terms:1. The Chinese Crypto Adventure: Even though Binance originated in China, it withdrew from mainland China back in 2017 due to regulatory pressures. Fast forward to today, it still managed to maintain a significant presence in the country, albeit covertly. 🕵️‍♂️2. The $90 Billion Surprise: Imagine a treasure chest full of digital gold. That's what $90 billion in crypto trades represents. This huge amount of trading activity was happening despite China's official stance against cryptocurrency trading. 💰💻3. China's Crypto Dominance: Binance's forbidden success in China made it the biggest market for the platform, accounting for a whopping 20% of the total trading volume globally, excluding a select group of super-sized traders. This showcases China's undeniable influence in the crypto world, even under regulatory bans. 🌐🇨🇳4. The Missing Month: The WSJ report didn't specify the exact month when this extraordinary trading activity occurred. It's like a puzzle with a few missing pieces. We can only wonder about the exact timeline and circumstances. 🗓️🧩5. Binance's Response: Binance, for its part, remained tight-lipped in the immediate aftermath of the WSJ report. The exchange's official stance is that its website, Binance.com, is blocked in China and not accessible to China-based users. A rather intriguing statement, considering the massive trading activity reported. 🤫🚫In the world of cryptocurrency, where regulation and compliance are ongoing challenges, Binance's feat in China is nothing short of extraordinary. This news opens up discussions about the resilience of the crypto industry in the face of regulatory adversity. Stay tuned for more updates, as the crypto world continues to surprise us all. 🌍🪙 #Cryptocurrency #ChinaCrypto #Orionplay

China warns that using Tether (USDT) as an intermediary in foreign exchange transactions is a violation of the law.Recently, China's Supreme People's Procuracy (SPP) and the State Administration of Foreign Exchange (SAFE) issued a public warning, emphasizing that the use of Tether (USDT) as an intermediary tool in transactions between Renminbi and other foreign currencies are not suitable.According to the announcement, using USDT in exchanges is considered a violation of the law. At the same time, China's two leading regulatory agencies have also declared that all activities related to cryptocurrency trading with the Yuan are completely illegal. This includes indirect participation, such as technical support or provision of exchange services.Notice from Chinese regulatory agencyChina has imposed a total ban on all cryptocurrency-related activities and banned foreign cryptocurrency exchanges from providing services to users in the country.Since 2021, China has taken many law enforcement measures against cryptocurrencies. In one specific case in August 2023, a citizen was sentenced to 9 months in prison for purchasing USDT worth 94,988 Yuan (13,067 USD).At the end of December 2023, the Chinese Court sentenced China's "OTC king" - Zhao Dong, founder of RenrenBit, an OTC trading agent, to 7 years in prison and 2.3 million Yuan currency for facilitating exchange transactions between cryptocurrencies and Yuan.#USDT. #ChinaCrypto

Bangla Candlestick Pattern ১- প্রথমে মার্কেট নিচের দিকে যাবে তারপর ১নং এর মতো সবুজ কালারের একটা ক্যান্ডেল হবে।২- ১নং ক্যান্ডেল সাপোর্ট লাইন টাস করবে, সবুজ কালার হয়ে সাপোর্ট লাইনের উপরে ক্লোজ হবে।৩-২ নং ক্যান্ডেল মতো লাল ক্যান্ডেল হবে সাপোের্ট লাইন ব্রেক করে উপরে ক্লোজ হবে।পরের ক্যান্ডেল ডাউন যাবে।English Candlestick Pattern #TrendingTopic 1- First the market will go down and then there will be a green color candle like No.1. 2- No. 1 candle will toss the support line, turn green and close above the support line. A red candle like candle number 3-2 will break the support line and close above. The next candle will go down.candlestick pattern Language in China #ChinaTech #ChinaCrypto 1- 首先市场会下跌，然后会出现像 1 号一样的绿色蜡烛。 2- 1 号蜡烛将突破支撑线，变为绿色并收于支撑线上方。 类似 3-2 号蜡烛的红色蜡烛将突破支撑线并收于上方。 下一支蜡烛将会熄灭。Candlestick pattern language in Hindi #Hindi 1- सबसे पहले बाजार नीचे जाएगा और फिर नंबर 1 जैसी हरे रंग की कैंडल आएगी। 2- नंबर 1 कैंडल सपोर्ट लाइन को उछाल देगी, हरी हो जाएगी और सपोर्ट लाइन के ऊपर बंद हो जाएगी। एक लाल मोमबत्ती जैसी मोमबत्ती संख्या 3-2 समर्थन रेखा को तोड़ देगी और ऊपर बंद हो जाएगी। अगली मोमबत्ती बुझ जायेगी.#CandleStickPatterns

🚨🚨🚨Update: US troops in Taiwan on Full Alert.
China has surrounded the rogue province of Taiwan and all its islands for what it calls "punishment" drill. 🔥🔥🔥
But before you turns into a Bear and max short everything, please remind that this is the 10th time China has done military exercises. This news DOES NOT MATTER
#ChinaCrypto #DownTrend #warning! #Write&Earn #altcoins