Why does the country prohibit cryptocurrency speculation, but Justin Sun can avoid being arrested?
Cryptocurrency speculation is not illegal, and everyone should have a clear understanding of this. There can't be any law in this world that stipulates that cryptocurrency speculation is illegal. It can only be said that cryptocurrency speculation is prohibited and the channels for deposits and withdrawals are cut off, that's all. Cryptocurrency speculation is purely a personal investment behavior. Since the country prohibits it, you will not get corresponding legal support. The bottom line is: you bear all the risks and benefits yourself. Therefore, Sun Ge would never be caught. Besides, all his plans were open conspiracies. It was just that these investors could not resist the temptation of high returns and took a gamble. In the end, they lost and started crying and cursing.
The market rebound seems a bit strange, adjustments might be coming sooner than expected. Today, Bitcoin seemed to surge because the Federal Reserve Chairman called it a "competitor" to gold, which got everyone excited and led to buying, causing the price to rise. However, Bitcoin has failed twice to break through the 99,000 mark. If it continues to hover around this high price without climbing, other lesser-known coins might drop as a result. Today, many of those lesser-known coins fell, possibly because someone sold them to buy Bitcoin. If Bitcoin can't maintain its position at this high price and falls back, those lesser-known coins could drop even harder, like a waterfall. So, the market is changing rapidly now, and everyone needs to pay more attention, keep an eye on the situation, and be prepared for potential declines.
Recently, I've been planning to position myself for a potential explosive coin that could easily double, while also looking for some potential coins to hold until the end of the year, expecting a growth potential of over 10 times shouldn't be a problem, let's join in and benefit below 999. #币安BNSOL质押PYTH #山寨币走势展望 #AI与GameFi市场表现 #XRP解锁新趋势
🚨 Federal Reserve Interest Rate Decision Approaches: Markets Hold Their Breath 🚨 Global investors are about to focus on an important moment — the Federal Reserve's interest rate decision at midnight on Thursday, December 19. Currently, many predictions point to a possible 25 basis point rate cut by the Federal Reserve. Ahead of this critical juncture, the market seems to be shrouded in a mix of calm and tension, with the altcoin market showing only slight fluctuations in recent days, without any drastic ups and downs. 🌐 Market Awaits Federal Reserve Action Before the news of the Federal Reserve's rate cut is officially announced, the market remains cautious, and investors are closely watching this decision that could impact global financial markets. Under the expectation of a rate cut, the flow of funds, asset prices, and market sentiment are all filled with variables, and market participants are preparing for potential market fluctuations. 🔮 Market Outlook After Rate Cut Once a rate cut becomes a reality, will the market welcome the anticipated upward trend? This is a highly anticipated question. A rate cut is typically seen as positive news for the financial market because it lowers borrowing costs, which may stimulate investment and consumption, thereby positively impacting the market. 📈 Market Sentiment and Fund Flow In this context, changes in market sentiment and the direction of fund flows become particularly important. Investors are assessing the potential impact of a rate cut on different asset classes and how this will influence their investment decisions. 🌟 Preparing for Market Volatility As the Federal Reserve's interest rate decision approaches, market participants are preparing for potential volatility. Whether in the stock market, bond market, or cryptocurrency market, this decision could have an impact. 💡 Stay Alert and Be Prepared In such an uncertain time, staying alert and flexibly responding to market changes is key. Investors should closely monitor market dynamics and be ready for any situation that may arise. 👀 Let’s Keep an Eye Together This is an important moment for the global financial market; let’s keep an eye on how the Federal Reserve's interest rate decision will impact the future direction of the market. #美降息25个基点预期升温 #美国大选如何影响加密产业?
🚀 Cryptocurrency Market Observation: Bitcoin Takes Center Stage, Is Ethereum Ready to Rise? 🚀 Currently, the cryptocurrency market is showing an interesting phenomenon: Bitcoin (the main currency) seems to occupy the center stage, while Ethereum (ETH) and other altcoins are relatively calm. Let’s explore the possible reasons behind this and the future market trends. 🔍 Bitcoin's Dominance Due to its high price and market position, Bitcoin has attracted a lot of attention. Many retail investors are turning their eyes to Ethereum because it is relatively easier to get into. However, because there are many holders of ETH, Bitcoin’s chips on the market are relatively concentrated, which leads to increased volatility in Bitcoin in the contract market, while Ethereum and other altcoins remain relatively stable. 📉 Bitcoin's Volatility The increased volatility of Bitcoin requires contract traders to be more cautious. Every significant rise or fall in the market may only reflect a few points of fluctuation. This high volatility demands that investors remain calm and analyze market dynamics rationally. 🌐 Ethereum's Potential Despite Bitcoin currently holding a dominant position in the market, Ethereum, as the second largest cryptocurrency, cannot be overlooked. Ethereum's ecosystem is continuously evolving, with applications in areas like DeFi and NFTs supporting its value. 📈 Balance of a Bull Market A healthy bull market should not be dominated by only one cryptocurrency. The market needs diversified development, where various coins have the opportunity to perform. Ethereum, as the second largest cryptocurrency, will inevitably show its vitality. 💭 Personal Opinion I personally believe that Ethereum will not remain silent forever. As the second-largest player in the crypto sphere, it has its own development rhythm and potential. Investors should remain patient, hold long-term, and wait for the overall market development. 👇 Welcome to Discuss What are everyone's views on the market? Feel free to leave comments and discuss in the comment section. Different perspectives and opinions can always provide us with more thoughts and inspiration.
Just woke up, good morning everyone! Currently, market faith is still here, the bear hasn't arrived, but the market itself is a leveraged liquidation, so there will be fluctuations within the bull. Everyone must manage their positions well. At the same time, this wave of decline is partly due to Brother Sun selling off, causing some panic! But I have told everyone that the bull is still here, recharging your faith! From the daily chart, the lowest point is a strong resistance, and the strongest weekly resistance is around 3770. If you, like me, believe the bull is still here and not over, then if you don’t want to miss the future bull market, you must find a way to control the strong liquidation a bit lower! Meanwhile, Xiao Bi has performed the worst during this period, collectively falling back, but the few coins we are holding are valuable, it's just that the market is limited, leading to a decrease in volume, but if you can endure the loneliness, you will surely witness the prosperity! As of now, I do not believe that the bear market has come or that the bull market has ended!
Key point: The bull is still here! The bull is still here!! The bull is still here!!! The altcoin season is approaching, Brother Jiu has carefully selected several coins with a hundredfold potential for hardcore fans. Please continue to pay attention, follow Brother Jiu's steps, and capture the next wealth growth point together! Get on the old Jiu's bus! Keep eating meat, keep making profits!! Down below, 888 to get on board!!! Continue to pay attention: x pepe $PNUT $DOGE $XRP #币安BNSOL质押PYTH新机遇 #山寨币市场未来之星 #山寨币热点 #山寨季何时到来?
Trump has secured enough electoral votes to officially win the presidency
According to Jin Shi, on December 17 local time, the President-elect Trump has obtained enough electoral votes in the Electoral College meetings across states to officially win the presidency. The Electoral College meetings are a key part of the U.S. presidential election system, requiring a candidate to secure 270 out of 538 electoral votes to be elected president. Final statistics show that Trump won 312 electoral votes. Next, the results of the electoral votes from each state will be sent to Congress. Members of Congress will officially count the electoral votes during a joint session on January 6 and announce Trump and Vance as the next President and Vice President, respectively. Trump and Vance will officially be sworn in on January 20, 2025.
Highlight: The bull is still here! The bull is still here!! The bull is still here!!! The imitation season is approaching, and Jiuge has carefully selected several cryptocurrencies with a hundredfold potential for hardcore fans. Please continue to pay attention, follow Jiuge's lead, and capture the next wealth growth point together! Keep up with Old Jiu's ride! Keep eating meat, keep profiting!! Get on board below 888!!! Stay tuned: x pepe $PNUT $DOGE $XRP #币安BNSOL质押PYTH新机遇 #山寨币市场未来之星 #山寨币热点 #山寨季何时到来?
🚀 How big is the card of the Federal Reserve? Come, look at a few numbers and you will understand 🚀 Imagine how powerful the cards held by the Federal Reserve are? Let's use simple numbers to feel it: 1. U.S. national debt: It has piled up to 36 trillion U.S. dollars, that is, the amount owed is more than the GDP of many countries in the world combined. 2. U.S. stock market: The market value exceeds 60 trillion U.S. dollars, which is an astronomical figure, much larger than the GDP of many countries. 3. U.S. real estate market: It is worth at least 40 trillion U.S. dollars, which is a big piece of the U.S. economy. 4. Other financial assets: Together with corporate bonds and other financial assets, the total value may be as high as 150 to 200 trillion U.S. dollars. If the Federal Reserve adjusts the interest rate slightly, the value of these assets will fluctuate. For example, if the value of these assets fluctuates by 1%, the change is 1 to 2 trillion U.S. dollars; if it fluctuates by 10%, it is 10 to 20 trillion U.S. dollars. It's like, if the Federal Reserve sneezes, the global financial market may catch a cold. This is why the Federal Reserve can decide its own policies independently of the White House. Do these figures make you feel how influential the Federal Reserve is?
Key point: The bull is still there! The bull is still there! The bull is still there! ! ! The cottage season is coming soon. Brother Jiu has carefully selected several currencies with a hundred-fold potential for hardcore fans. Please continue to pay attention and follow Brother Jiu's steps to capture the next wealth growth point together! Follow Lao Jiu's car! Continue to eat meat and continue to make profits! ! ! Get on the car below 888! ! ! Continue to pay attention: x pepe $PNUT $DOGE $XRP #币安BNSOL质押PYTH新机遇 #山寨币市场未来之星 #山寨币热点 #山寨季何时到来?
🚀 A New Chapter for SHIBA INU: Three Zeros Are About to Disappear! 🚀
The CEO of Shiba Inu recently announced exciting news - "Three zeros will disappear!", marking the official start of the SHIB revolution. This statement is not unfounded; SHIB has already shown impressive growth in 2024, with an increase of 150%, second only to Dogecoin's 310% surge, making SHIB the second-best performing cryptocurrency this year. This growth not only solidifies SHIB's position in the market but also creates the possibility for its future price to eliminate more zeros. Since its debut in August 2020, SHIB has witnessed remarkable performance in eliminating multiple zeros from its price. Last year, market observer Yescas pointed out that SHIB had successfully eliminated five zeros from its price. From an initial $0.000000000972, to eight zeros in January 2021, and reaching an all-time high of $0.00008845 on October 28, 2021, SHIB's performance has been noteworthy. As SHIB continues its bullish momentum, multiple entities predict that the token may eliminate one or two zeros in the coming years. If SHIB eliminates one or two zeros, its trading price would reach $0.0001 and $0.001, respectively. Additionally, SHIB's leadership team showcased a roadmap filled with innovation, community involvement, and bold visions for the future at the 2024 Blockchain Futurist Conference. This includes the launch of Shib Hub, which is the "heart" of the Shiba Inu ecosystem, designed to provide users with a decentralized environment to manage assets, stake tokens, and explore DeFi opportunities. As Shiba Inu continues to drive its technological development and community building, SHIB's future looks full of infinite possibilities. Eliminating more zeros is not just a price target but also a step towards broader adoption for SHIB. Let's look forward to how the SHIBA INU revolution unfolds.
🌟 $USUAL Update: Change from 'Pre-listing' to 'Seed' Label 🌟 For friends who are interested in $USUAL, here is some latest news. Binance has not launched $USUAL as a brand new token; it has been tradable under the 'Pre-listing' label. The upcoming change will rename this 'Pre-listing' label to 'Seed', and $USUAL will soon be transferred to the spot trading list. This means that $USUAL will be open for trading to global users, allowing more people to access this token. Importantly, Binance will not set a new price for $USUAL during this transition period; it will maintain the current price level. As $USUAL moves to the spot market, its visibility will increase, potentially attracting more traders' attention, which may increase demand and could impact the price. In short, this change is from the pre-market to the spot market, making it easier for global traders to trade $USUAL. 🔍 Stay tuned for the latest updates. This change aims to improve the convenience of trading, allowing more people to participate in $USUAL trading.
Key Point: The bull is still here! The bull is still here!! The bull is still here!!! The altcoin season is coming, and Brother Jiu has carefully selected several coins with hundredfold potential for loyal fans. Please continue to pay attention and follow Brother Jiu's steps to capture the next wealth growth point! Get on the bus with Old Jiu! Continue to profit, continue to earn!! Below 888 to get on board!!! Stay tuned: x pepe $PNUT $DOGE $XRP #币安BNSOL质押PYTH新机遇 #山寨币市场未来之星 #山寨币热点 #山寨季何时到来?
🚀 Cryptocurrency Beginner's Guide: Simple and Practical Tips 🚀 Just entered the world of cryptocurrency? Here are some simple tips to help you get started easily: 1. Don't miss the decline: If a currency has fallen from its high point for 9 consecutive days, it may be time to pay attention to it. 2. Stop while you are ahead: After a currency has risen for two consecutive days, you can consider selling some to lock in profits. 3. Hold if you are bullish: If a currency rises by more than 7% in one day, it may still have room to rise the next day. 4. Wait for a pullback before buying: For particularly popular coins, it is best to wait until the price falls before buying. 5. Change if it is flat: If a currency has no movement for three days, give it another three days, and if it still doesn't work, consider changing to another coin. 6. Withdraw if you don't make money: If a currency doesn't make you back your money on the second day, it may be time to sell. 7. Pay attention if it has risen for two days: For currencies that have risen for two consecutive days, the third day may be a good time to buy, and the fifth day may be a good time to sell. 8. Volume is important: when the volume is large, the price suddenly rises, which is worth paying attention to; when the volume is large but the price does not rise, it may be time to withdraw. 9. Follow the trend: choose those currencies that seem to be rising, so that you have a greater chance of winning. 10. You can play with small money: it doesn’t matter if you don’t have much money. The key is to find the right method, stay calm, and wait patiently.
🔍 These tips are just the starting point. Investment still depends on your own observation and learning. Remember, patience and knowledge are your good friends in the market.
Key points: The bull is still there! The bull is still there! ! The bull is still there! ! ! The cottage season is coming soon. Jiuge has carefully selected several currencies with a hundred-fold potential for hardcore fans. Please continue to pay attention and follow Jiuge’s steps to capture the next wealth growth point together! Follow Laojiu’s car! Continue to eat meat and continue to make profits! ! Get on the car below 888! ! ! ! Continue to follow: x pepe $PNUT $DOGE $XRP #币安BNSOL质押PYTH新机遇 #山寨币市场未来之星 #山寨币热点 #山寨季何时到来?
Once you sell, the price will rise; once you buy, the price will fall
🌟 Market Psychology and Volatility: Unveiling the Herd Effect in Investing 🌟 In the world of investing, especially in the cryptocurrency market, it sometimes feels like the market is working against individual investors. This phenomenon can be explained through psychology and market dynamics: 1. Herd Effect: Many investors buy during market hype and sell in panic, which often leads to market adjustments at these moments. When a large number of people make the same decision, market volatility increases. 2. Predictive Challenges: The market, especially the cryptocurrency market, is extremely unstable and unpredictable. Even experienced analysts find it difficult to accurately predict price trends. 3. Algorithms and Big Players: The market is not only made up of individual investors but also institutional players, trading bots, and hedge funds. They use complex algorithms to analyze crowd behavior and adjust strategies accordingly to maximize profit. In-depth research on market behavior: - Mathematical Models: Research centers have developed mathematical models to predict market dynamics. - Psychological Laboratories: Studying investor behavior under stress and uncertainty. - Data Analytics Companies: Using machine learning techniques to predict price trends. These studies help big players stay ahead. Therefore, understanding the fundamental logic and mechanisms of the market is crucial. Investment Strategies: - Avoid Frequent Price Checks: Frequently checking prices can trap you in a herd mentality. Patiently wait for your planned selling price, and avoid excessive greed. - Emotional Management: If you feel emotionally overwhelmed during market corrections, it might help to temporarily step away from all cryptocurrency-related information and do something else to keep your mind clear and firm.
Key Point: The bull is still here! The bull is still here!! The bull is still here!!! The altcoin season is approaching, and Jiu Ge has carefully selected several coins with hundredfold potential for loyal fans. Please continue to pay attention, follow Jiu Ge's steps to capture the next point of wealth growth! Keep up with Lao Jiu's car! Continue to profit, continue to earn!! 888 below to get on board!!! Stay tuned: x pepe $PNUT $DOGE $XRP #币安BNSOL质押PYTH新机遇 #山寨币市场未来之星 #山寨币热点 #山寨季何时到来?
🚀 New Coin Launch: Unveiling the Truth Behind the Big Bull Candle 🚀 When you hear about a new coin launching, with its price skyrocketing from $1 to a 2450% increase, you might think that early investors who bought at $1 made a huge profit. But in reality, it’s not that simple. When a new coin launches, trading platforms like Binance need to set three price points: 1. Opening Price 2. Highest Price of the Day 3. Lowest Price of the Day Taking VANA as an example, its lowest price was set at $1, while the highest price of the first candlestick reached $24.78, and the opening price was around $21. These prices are usually based on the coin's ICO price or the issuance platform price, and the highest price may be set randomly or referenced from prices on CoinMarketCap (if the coin is already traded on other exchanges). Sometimes, these prices are arbitrarily set based on the market value at the time of issuance. The percentage increase you see is actually based on the difference between the ICO or issuance platform price and the current market price. This reflects the potential returns that ICO or seed investors might receive. Importantly, these prices are set before trading starts, so in reality, no one can buy in at $1 or $24.78 when trading begins. Most people buy at prices after trading has started. 🔍 The Truth Revealed Don’t be fooled by these numbers. In reality, when a new coin first launches, it’s very difficult to buy at $1. By the time you see the price, it may have already risen by around 2450%. So, the next time you see such a big bull candle, remember to delve into the mechanisms behind it and don’t be misled by the superficial percentage increase.
The value of BTC in the macro domain can be likened to bonds and stocks from the perspective of financial history; it is the 'fuel' for a new round of human technological development. In the medium domain, it is the currency of the digital world that humanity will inevitably enter, and also an index. In the micro domain, it is the realization of new legal regulations and the compliance of token issuance, thereby attracting global private investment demand. This may be the last 'grassroots' cycle belonging to the crypto industry, as well as the final mega cycle in which BTC has significant beta growth. This means that after this cycle, BTC's beta will decrease significantly, but it does not mean that the broader token issuance market will lack opportunities for hundredfold alpha growth.
Bitfinex: BTC May Reach a Peak of $290,000 in 2026
The prediction is based on historical price patterns in bull markets, institutional adoption, and key technical indicators.
According to the latest edition of the 'Bitfinex Alpha' report, if BTC replicates the price trends of the 2017 bull market, it could peak at $290,000 in early 2026. This prediction is based on historical price patterns in bull markets, institutional adoption, and key technical indicators. After the bear market low in November 2022, BTC rebounded strongly in 2023, with a rise of 155.5%. This momentum continues into 2024, with BTC trading between $55,000 and $70,000 for most of the year, with a year-to-date increase of 143%.
Ethereum Returns to $4000, Driven by Ecological Fundamentals?
After a few days of market correction, the price of ETH has once again risen above $3900. Looking back at the development of Ethereum over the past year, there are many complex factors and emotions at play. On one hand, the Cancun upgrade has been successfully completed, and the spot ETF has been officially approved, leading to a new bullish outlook in terms of technology and fundamentals; on the other hand, as Bitcoin, SOL, and BNB have consecutively broken historical highs, ETH's price still hovers around the $4000 mark.
From the price chart of ETH this year, it can be seen that Ethereum has gone through three main phases, each corresponding to different reasons for the price increase. At the beginning of the year, the approval of Bitcoin spot ETFs pushed Ethereum's price higher, breaking through $4100 at one point, but it began to decline along with the market at the end of March. Additionally, due to the strong surge of SOL and its ecosystem, Ethereum's ecosystem faced significant liquidity outflow.
MATIC top holding addresses account for nearly 70% of the total tokens
BlockBeats News, on August 30, cryptocurrency data analysis firm Santiment released data on social media regarding the percentage of total supply held by the "10 largest wallets currently holding some of the most mainstream altcoins," which is as follows:
Santiment stated that several factors can influence whether the holdings of an asset in whale wallet addresses are highly concentrated or not. For example, early adopters or insiders of a project may hold a significant amount of funds, leading to high concentration (e.g., TON). Alternatively, the token may be heavily used for staking or governance, requiring validators to hold a large amount of tokens (as is the case with Ethereum and its ETH 2.0 deposit contract, which currently holds 35.4% of the supply). Furthermore, tokens that are widely distributed through airdrops or community rewards may have a more decentralized distribution (e.g., Arbitrum).
Highlight: The bull is still here! The bull is still here!! The bull is still here!!! The altcoin season is approaching, and Jiu Ge has carefully selected several coins with hundredfold potential for loyal fans. Please continue to follow and keep pace with Jiu Ge to capture the next wealth growth point! Get on the old Jiu's bus! Keep eating meat and making profits!! Get on the 888 below!!! Continue to follow: x pepe $PNUT $DOGE $XRP #币安BNSOL质押PYTH新机遇 #山寨币市场未来之星 #山寨币热点 #山寨季何时到来?
Tesla and Musk evade $258 billion Dogecoin lawsuit, judge dismisses the case
Lawyers representing millions of disgruntled investors told Decrypt they plan to contest this ruling in the Second Circuit Court of Appeals.
On Thursday, a federal judge dismissed a class-action lawsuit accusing Tesla and its CEO Elon Musk of manipulating the market by publicly praising Dogecoin. Plaintiffs claim that investors who suffered losses in recent years due to Musk's comments on social media are seeking $86 billion in damages and requesting triple damages, bringing the total to $258 billion. The focus of the lawsuit is Musk's various public statements regarding Dogecoin, primarily made through posts on X (formerly Twitter) between 2021 and 2023. The plaintiffs believe Musk's statements misled investors, leading to significant financial losses.
Ethereum Layer2 Network Reddio Launches Public Testnet
ZK Layer2 Reddio, focused on gaming and DePIN, announces the launch of its public testnet, achieving a performance of 13,000 TPS.
Foresight News previously reported that Reddio announced the completion of its seed round financing in August this year, led by Paradigm and Arena Holdings, with the specific amount not disclosed.
21Shares registers its XRP trust in the state of Delaware, USA
According to Phoenix, 21Shares has registered the 21SHARES XRP TRUST in the state of Delaware, USA, indicating that 21Shares may submit an S-1 registration for a spot XRP ETF to the SEC.
Previously, both Bitwise and Canary Capital have submitted requests to the SEC to propose a spot XRP ETF.