Family: Today's Major News U.S. Department of Justice Approves Sale of $6.5 Billion in Silk Road Bitcoin
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Event Background "Silk Road" was an illegal marketplace that was active on the dark web, where users purchased various illegal goods and services using Bitcoin. In 2013, the Federal Bureau of Investigation (FBI) shut down the platform and seized a large amount of Bitcoin. This amount was approximately 69,000 coins, valued at around $6.5 billion.
Recent Developments On January 9, 2025, the U.S. Department of Justice was authorized to sell the seized Bitcoin. This decision was made less than two weeks after the new government took office, which had previously promised not to sell these Bitcoins. This move has sparked widespread attention and discussion in the market.
Market Reaction As a result of this news, Bitcoin prices experienced a short-term decline. Concerns about the increased supply of Bitcoin led to heightened price volatility in the market.
Impact Analysis
• Impact on the Cryptocurrency Market: A large-scale sale of Bitcoin could create a short-term supply shock in the market, leading to increased price volatility. Investors may become concerned about market liquidity, adopting a wait-and-see attitude.
• Impact on Government Finances: Selling these Bitcoins will bring a substantial income to the U.S. government, helping to alleviate its financial pressure.
• Impact on Cryptocurrency Regulation: This event further highlights the government's regulatory efforts and involvement in the cryptocurrency space, which may lead to stricter regulations in the future.
Summary The U.S. Department of Justice's approval to sell Silk Road Bitcoin is a significant event. It not only has a short-term impact on the cryptocurrency market but also raises further reflections on the government's role in the cryptocurrency domain. In the future, as the cryptocurrency market continues to evolve, interactions between the government and the market will become more frequent and complex. Investors need to closely monitor relevant policy trends and manage risks effectively. #加密市场回调 #晒交易赢奖励 #DeFAI热点 $BTC
Slow is fast, rooted deep, accumulating thin and sending forth
In this restless era, many people often fall deep into the whirlpool of 'fast'. Eager to achieve results, yet lacking deep thinking and accumulation, they lose direction in the hustle and bustle, like headless flies bumping around. This is the pain point of only pursuing speed.
'The sharpening of a knife does not delay the work of cutting wood.' Slow down, let your heart settle, behind every successful person is someone who has polished themselves over time; no one can achieve success in one go. It's all about taking one step at a time.
Slow is not procrastination, but rather accumulating strength before taking action; it is about holding firm amidst the noise, settling during ordinary days, and walking out a long-term and efficient path with steady and solid steps.
Fast is efficiency, slow is wisdom; it is the accumulation we reflect on over time.
Everyone has their own unique shining point.
We do not need to self-doubt because of others' excellence. $BTC $ETH $BNB #加密市场回调 #币安Alpha上新 #DeFAI热点 #晒交易赢奖励 #BNB纳入不丹GMC加密战略储备
Just woke up, isn't it said that the bottom should be picked at 9 o'clock? I'm hungry, the specific rebound time depends on the market's movement. The rebound at 1 AM, I think we should wait a bit longer. Let's check around 8 PM; there are still people who don't know which coins to buy at the bottom. The leading coins in terms of price increase are not from now; basically, the leaders before the official rebound are all traps. It's actually very simple to determine the real leaders: the ones that increase slightly at the bottom and don't spike up and quickly drop back. In simple terms, if the rebound is confirmed in the evening, then the leading coins in terms of price increase at that time will be the real ones. Let's wait a bit longer. Brothers, those who trade frequently can use my rebate, absolutely the highest reliable weekly rebate. Invitation code: NSMFJFKS
#比特币价格走势分析 Again and again someone is saying they want to sell Bitcoin $BTC , the Mentougou issue has been talked about for years, the Silk Road narrative has started again, and now there's talk that Satoshi Nakamoto is going to sell Bitcoin. For such news, we can only say don't be scared by it; whether there will actually be a sell-off is another question. Even if there is a real sell-off, it can only lead to a decline, but it won't be a fatal drop; otherwise, the bears would be getting rich overnight. It's not that easy to get rich in the crypto world!
I made a small short at BTC 101400. I tried to make a few long orders today and got beaten. In the medium term, people and sats still have room to rise. You can buy a little at the bottom position and cover the position every time it drops by about ten points. The market may fall again. It is right as I guessed a few days ago. The group said a few days ago that it will fall within three days. Why will it fall within three days? Because there is a meeting tomorrow night. It is estimated that it will still be sluggish during the day tomorrow. It will pull up tomorrow night. It is just my guess. Don't criticize me. The current strategy is to take the first position. Don't cover the position frequently. Participate with small funds and wait for the market to pull up or continue to fall. If it continues to fall, there will be cheap chips.
I love Binance, Binance loves me, everyone is responsible to love Binance, and we are duty-bound to do so
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Bullish
Binance Registration Tutorial in 2025: Register a Binance Account
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Half an hour ago, BTC has already dropped below 95,000. Following last night's warning to my brothers about BTC triggering the 1️⃣h main downtrend model, this afternoon I warned everyone that Bitcoin broke below the 4h lifeline at 96,554. The market looks very pessimistic, so please hold back your hands. It would be frustrating if you rush in and get trapped again! Alright, let's return to the market. From Bitcoin's daily chart, the situation is already very dangerous. Yesterday, we saw a large bearish K candle with high volume, and today it has already fallen below the daily lifeline at 97,036, feeling precarious! All signs indicate that the daily-level rebound for BTC is game over! Therefore, the upcoming market is not optimistic, and the idea is to take any rebound short! In short, a major downtrend may be released more quickly within the next week or 10 days! So I believe if you still have bullets on hand, hold back well, and do not operate against the trend!
Tonight, Wall Street will focus on two key economic data points: Thank you for your attention, likes, shares, and support - inviting you to participate in this red envelope activity.
ADP Employment Data and Initial Jobless Claims. ADP Employment Data Time: 9:15 AM - Expectations and Impact: The market expects December ADP employment to increase by 140,000. If the actual result is below 139,000, it is considered bullish, as lower job growth may indicate a cooling labor market, which could help alleviate inflationary pressures and increase the likelihood of a Federal Reserve rate cut. Conversely, if it is above 139,000, it may be seen as bearish.
Initial Jobless Claims - Time: 9:30 AM Expectations and Impact: The market expects initial jobless claims from last week to be above 215,000. If the actual result is above 215,000, it is considered bullish, as this indicates that the labor market may be slowing down, which would help control inflation. If it is below 215,000, it may be seen as bearish.
Market Expectations and Reactions Currently, the market has priced in most bearish factors, so even if tonight's data exceeds expectations, there may not be a significant decline. However, if the data is favorable, the market could experience a significant rebound. This expectation reflects the market's sensitivity to Federal Reserve policy and concerns about the relationship between inflation and the labor market.
Overall, tonight's economic data will provide investors with important clues about the state of the U.S. economy and future policy direction, and the market will closely monitor the release of this data and its immediate impact on financial markets. #ADP小非农数据
Learning never ends. If you control your positions well, you will live longer. Let’s go together.
独领风骚必暴富
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I have understood that from now on, men and women are equal. In the end, the woman killed the man. The court gave the house, car, money and children to the woman. Except for changing the child's surname, the court supported the woman in everything else. At the end of the video, the woman laughed and the man cried. . .
Bitcoin is currently facing significant selling pressure due to the HMPV virus news. There are concerns that this situation could resemble the impact of COVID-19 and trigger a global market crash. However, once the FUD subsides, we may see a quick rebound in Bitcoin.
Everything continues as expected for Sui coin. It crossed the $5 threshold and has now started a small decline again. It offers very good opportunities for purchasing. Currently its price is between 4.5 and 4.6 dollars. It can be considered to be purchased at $ 4.3. Note: This is not an investment advice. You can follow and watch.
Moonriver is developed by the Moonbeam Foundation and PureStake is the main organization behind it. The founder and project leader of Moonriver is Derek Yoo, who is also the founder of PureStake
Moonriver (MOVR) Coin is an Ethereum-compatible smart contract tool that runs as a parachain on the Kusama network. Scheduled to launch in June 2021, Moonriver plays a critical role in testing and validating new features for its sister network Moonbeam before they are released on the Polkadot network.
Key Features of Moonriver
Moonriver provides the necessary environment for testing new code under real economic conditions. Once the code submitted to Moonriver is proven to be testable and verified, it is sent to Moonbeam on Polkadot.
Mirroring Ethereum’s Web3 RPC, Moonriver enables developers to deploy distributed applications (DApps) with minimal changes and minimal impact to Solidity smart contracts. Thanks to its high compatibility with Ethereum, it has become a recommended option for developers looking to move their projects to a more scalable and affordable environment.
MOVR is the cornerstone of the Moonriver ecosystem and is Moonriver’s native coin, driving a variety of uses such as smart contract execution, transaction fees, and on-chain governance participation. Since most MOVR tokens are owned by the community, the network also plays a key role in decision-making by adopting a community-driven governance structure.
On January 7, Trump held a press conference at Mar-a-Lago in Florida. - Not ruling out the use of force to seize the Panama Canal and Greenland: Trump said that out of consideration for the "economic security needs" of the United States, he did not rule out the possibility of seizing control of the Panama Canal and Greenland through "military or economic coercion", threatening Denmark to give up control of Greenland, otherwise it would face high tariffs. In response, the Panamanian Foreign Minister responded that the sovereignty of the Panama Canal is not negotiable, and the Danish Prime Minister reiterated that Greenland is "not for sale". - Want Canada to join the United States: Trump said he intends to use "economic power" to join Canada to the United States, but also admitted that he does not have the "power" to join Canada to the United States, and also said that the United States "subsidizes" Canada by up to 200 billion US dollars each year. - Suggest to rename the Gulf of Mexico: Trump proposed to rename the Gulf of Mexico to the "American Gulf", saying that "this name sounds beautiful", and also said that Mexico "took advantage of the United States" on trade and immigration issues, and Mexico must prevent "millions of people from pouring into the United States"
- Review the "Capitol Hill Riots" and consider pardons: Trump said that he would conduct a comprehensive review of the "Capitol Hill Riots" and would conduct "large-scale pardons". - Overturn the offshore drilling ban: Trump said that the policy of banning offshore drilling will not be maintained and will be overturned immediately on the first day of his inauguration. The United States will increase drilling in many places, and "energy costs will drop significantly." - Announcement of investment in data center construction: Trump announced that UAE investor Hussein Sajwani will invest $20 billion to build a data center in the "Sun Belt" of the United States to support the development of artificial intelligence.
- Hope that the conflict between Russia and Ukraine will end within six months: Trump proposed that the conflict between Russia and Ukraine will end within six months, and also expressed understanding of Russia's opposition to Ukraine's joining NATO. - Statements on the Israeli-Palestinian conflict: Trump warned that if Hamas did not agree to release the detained personnel before he took office on January 20, "the Middle East would be in chaos." His nominated special envoy for the Middle East, Steve Witkoff, expressed the hope that a 42-day temporary ceasefire agreement between Israel and Hamas could be reached before January 20, and was expected to go to Qatar on Wednesday to continue mediation.