Any person on the blue planet is a target for sovereign harvesting, the difference is only in size and amount
大牛队长
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A 53.1 billion yuan fine was paid and four months in prison were served, but Zhao Changpeng’s “account” with the Americans is not yet settled
The richest prisoner in U.S. history How long does it take to go from being an unknown person to becoming a billionaire? It took Binance founder Zhao Changpeng only 4 years.
In 1977, Zhao Changpeng was born into a teacher's family in Lianyungang, Jiangsu. After graduating from elementary school, he immigrated to Vancouver, Canada with his parents.
After graduating from McGill University with a degree in computer science, he joined Bloomberg, where he was mainly responsible for developing software for trading futures. At the age of 28, Zhao Changpeng decided to start a business in China. He founded Fuxun Information Technology Co., Ltd. in Shanghai to develop trading systems for securities companies.
Zhao Changpeng learned about cryptocurrency from a venture capitalist. At that time, one Bitcoin was only sold for $13. He was keenly aware that Bitcoin might be a hot spot in the future. Since then, he has started to get involved in cryptocurrency, and he invested all the money he earned from selling his house in Shanghai into the cryptocurrency market.
A chart showing the top 10 countries in terms of Bitcoin holdings globally
Bitcoin becoming a strategic reserve for multiple countries is a victory of civil rights over official power.
Politics is a game of catering to ideas.
In the political realm, ideas are called public opinion; in the crypto realm, they are called consensus.
Many things that people think are unbreakable are actually products of ideas.
If the majority of people's ideas change, these things can change in an instant.
No matter how dictatorial the tyrant, how powerful the state machinery, or how terrifying the butcher's knife and bombs, they will inevitably lose in the general consensus.
Becoming a national reserve is another powerful concept on the path of Bitcoin's development.
The Federal Reserve and the US government are family!
LinkFocus
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The Federal Reserve is not allowed to hold Bitcoin! Is Trump's Bitcoin reserve plan doomed? Where does U.S. cryptocurrency go from here?
In the context of President Trump's proposal to establish a 'national strategic Bitcoin reserve,' Federal Reserve Chairman Powell reiterated the Fed's position that it cannot hold Bitcoin in his latest public speech. This statement has attracted widespread attention from the market, impacting Bitcoin's price and prompting many to ponder the future of cryptocurrencies in the U.S. After the Federal Reserve announced a 25 basis point cut in the benchmark interest rate and lowered its expectations for rate cuts next year, Powell clearly stated that under current law, the Federal Reserve is not permitted to hold Bitcoin or participate in the establishment of a Bitcoin reserve. This issue should be discussed and decided by Congress, and the Federal Reserve currently has no interest in this matter and does not intend to seek to change this situation. This means that even if there are legislative proposals to change the functions and legal framework of the Federal Reserve, it is not an easy task.
Powell's official language is very good. Firstly, he cannot seize the future leader's role. Secondly, he did not say anything wrong; the Federal Reserve cannot have a big pie, it is the U.S. government that should have it.
分析师舒琴
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The biggest opportunity in this wave of crash should be Doge, and I will enter here! Doge has pulled back from 0.48 to 0.34, a 30% decline, and the coin price has already consolidated sufficiently. The next support is around 0.25. I think this is an opportunity because a month later, Musk is going to take over the White House, and there is an 80% chance that Doge will surge.
Additionally, I want to take a jab at Powell here. This old guy really has nothing better to do. He said he does not support Bitcoin, causing a huge disturbance, which forced us to stop-loss our Ethereum longs. I haven't tasted a stop-loss in a long time, so thank you very much!
As it stands, ETH still has a lot of buy orders, and the support is very strong. Therefore, I will buy some ETH on the dips. Of course, I definitely can't use high leverage for left-side bottom fishing; just using a safe 2x leverage is fine. With 2x leverage, a 50% drop would lead to liquidation, but ETH won't drop to 1600, so there is no risk. However, the return is X2. My long-term position in ETH will be firmly held until the Prague upgrade in March next year. No one can shake my faith.
Shu Qin entered the crypto space in 2017 and has seen all kinds of storms. A doubling of ETH is really nothing when it pulls back 10%-20%. If you are anxious and can't sleep well, maybe you should check if your leverage is too high? I still tell newcomers the same thing: earn as much money as your principal allows. Don't be greedy for multiples just because your principal is small; it is easier to go to zero.
Very knowledgeable about the official way of dealing with the world
币道道学长
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Why is the cryptocurrency market falling today? It is mainly attributed to investors' cautious attitude towards the Federal Reserve's monetary policy meeting. The focus of this meeting has shifted from merely the expectation of a 25 basis point rate cut to the presentation of the dot plot and the content of Powell's speech.
From the market's expectations, the Federal Reserve may only implement 2 to 4 rate cuts in 2025, which means that interest rates will remain at a higher level at that time. A higher interest rate environment often comes with an increased probability of black swan events, while also causing the market to be filled with concerns about the delayed implementation of easing policies, subsequently prompting investors to significantly enhance their risk awareness.
Additionally, whether the Bank of Japan will raise interest rates in December will also be revealed today. Although the probability of a rate hike is relatively low, given the current market sensitivity, it is normal for investors to choose appropriate hedging. It is worth noting that these two major events today are likely to have a subtle linkage effect with next week's Christmas, adding more uncertainty and volatility to the market. Recently, Dao Ge is quite optimistic about Musk's puppies, which have been gaining popularity and are said to be having significant developments soon. Brothers who like Musk can pay attention to this.
Ah, something went wrong again. Can the crypto market recover? Let's take a look: A statement from Powell caused the Nasdaq to plummet by 3.61%, close to the largest drop in recent years. Moreover, Powell's hawkish remarks didn't stop there! He specifically criticized the crypto market, stating that the Federal Reserve cannot hold Bitcoin. This led to a 5% drop in Bitcoin, which is just terrible.
This is a hard market crash; no one could predict what he said, it really was a bolt from the blue. It's not just retail investors; even Wall Street can only stand there and take the hit. The main reason for this plunge is Powell's indication that there won't be significant interest rate cuts next year, possibly only two cuts, which has caused various assets to decline.
However, the crypto market is holding up relatively well, with Bitcoin's drop being similar to that of the Nasdaq, without much additional decline. Powell's statement about the Federal Reserve not holding Bitcoin does not affect Trump's Bitcoin strategic reserves because the strategic reserves are held by the government, not the Federal Reserve. So on January 20th, when Trump takes office, there is still a good chance that BTC will become a national reserve.
In fact, despite Bitcoin's sharp drop, if you look at ETFs, there is still a significant net inflow of funds. What does this indicate? It shows that Wall Street views this plunge as an opportunity to enter the market, not to exit. During this period, there may be some secondary bottom testing, but don't be afraid; these are all opportunities to get on board. Once the adjustments are done, the crypto market will set off again. Shuqin is with everyone!
He Yi: Most Memes will go to zero, Binance will place hundreds of hot projects in the Binance Alpha observation zone
【He Yi: Most Memes will go to zero, Binance will place hundreds of hot projects in the Binance Alpha observation zone】On December 18, Binance co-founder He Yi stated in X Spaces that a few Memes will survive, but most Memes will go to zero. Whether it is VC coins or Memes, we have a list of hundreds of hot projects, but some project token economic models have some issues, and some platform data may be inflated. For these projects, we have also heard some rumors of insider trading during the continuous observation process. Therefore, we will place these hot projects on the Binance Alpha (observation zone). Projects entering the observation zone cannot guarantee listing on Binance. A project can only have revenue and profits when it is beneficial to society, and it may then share the profits with users.
"Comrades" ~ Everything is a double-edged sword, behind every success and failure there must be a "sacrifice".
天才威
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What kind of domestic trading do you often see? It seems like domestic trading is harvesting you. Do you know which companies are currently harvesting tens of billions and hundreds of billions in the market? Goldman Sachs holds over $700 million in Bitcoin spot ETFs, and the companies holding Bitcoin spot ETFs include: JPMorgan, Goldman Sachs, Bank of Canada, HSBC, Morgan Stanley, Bank of America, UBS Group, and the Michigan state pension fund in the United States, among others. Do you think it's just the domestic trading that is harvesting you? The real ones harvesting you are Wall Street in the United States. The false news is put out by them, the shills are hired by them, and if you trust them and trust market analysis, you will never make money!
What about selling beef, sissies? Those technical analyses and signals are all aimed at your wallets. If you trust them, you’ll end up with nothing.
In the cryptocurrency market, there is nothing of value, nothing that has produced anything helpful to humanity, nothing that can genuinely make money. It’s all a zero-sum game; the money others earn comes straight from your pocket. Is there a Microsoft in this market? A Tesla? An NVIDIA? This market is just a pure gambling casino, not a market where you can earn additional profits.
Why can they easily explode a few billion or tens of billions every time? Because the house plays its cards after you, you play three, and they play four, watching your cards. If you play rock-paper-scissors first, and the house plays after, you’re not going to win. Moreover, even in spot trading, they can directly manipulate to bypass your pricing.
Don't blindly trust so-called big players like Musk, and don’t take the Federal Reserve seriously. This is cryptocurrency, not U.S. stocks. Every time you are forcibly linked by the house, the essence of blockchain is decentralization, unregulated. How can decentralized things listen to the Federal Reserve, whether interest rates go up or down? Isn’t that funny?
From Divergence to Reconnection: Musk and CZ's 22 Days of Covert Conflict and Reconciliation
Prologue: Signals of a Rift November 23, 2024, 5 AM. On a cold, crisp morning, a hint of tension fills the air. The neon lights outside gradually dim, symbolizing the end of the night, while another silent storm is quietly brewing. CZ sits at his desk, his gaze fixed on the screen, where the familiar black interface shows Musk's account avatar prominently. He took a deep breath, his finger hovering over the mouse, his gaze icy, and pressed the “Unfollow” button. This is not a momentary impulse. For months, CZ has been observing Musk's words and actions, especially his frequent market manipulation via tweets. One sentence can make the market boil, while another can leave countless people bankrupt. And Musk stands at the center of the public opinion vortex, as if everything is within his control, yet CZ feels an indescribable sense of distance.
12.24.15.巳时 I Ching Analysis, Wealth Entering the Door of Fortune Today’s analysis is $FLOKI , resulting in the Thunder and Marsh (雷泽) Guimei Hexagram
Results: 1. The main force is eager to push up, but lacks the strength to do so. 2. Market support is insufficient, and most holders are unwilling to hold long-term. 3. Thunder and Marsh rises, but haste makes waste. If the main force does not continue to inject funds to strengthen retail investors' confidence, this round of Floki market should come to an end. Conversely, it depends on whether retail investors can firmly hold, satisfying the above two conditions, which may lead to a wave of Floki bulls. However, it is important to note that if the main funds come in, retail investors need to closely monitor the market to prevent false signals and cashing out, leading to retail investors taking the loss. Therefore, holders with weak judgment should consider exiting and waiting for the right opportunity. If Floki continues to maintain its popularity, the hexagram will be updated again, awaiting good news.
From this, it can be concluded: firm holders can wait until the main force pushes up before entering or enter now, but regardless of which method is chosen, please set stop-losses and exit in a timely manner. Looking forward to the arrival of Floki bulls and hoping for the improvement of the crypto market!
Wishing all bosses wealth Wealth comes, wealth comes! Come
Faith is free of charge, a ticket breaks the path of faith for all beings
Around the world, there is not a single church that charges fees. Across the country, there are hardly any temples that are free. Recently, there have been reports about Putuo Mountain preparing for an IPO, while Emei Mountain and Jiuhua Mountain have already gone public, and Wutai Mountain is also actively preparing to enter the capital market. Famous mountains like Mount Tai, Mount Hua, Wudang Mountain, and others will inevitably be caught up in this wave of commercialization in the near future. Everyone goes to the mountains and waters to worship the home of the soul, but in the end, they all end up visiting publicly listed companies. This is the tragedy of faith and the decline of morality. Here, almost every famous scenic spot has a temple. Temples seem to have become local cash cows. Therefore, even if there wasn't one before, one must be built later.
The main palace fears oligarchs, strong centralization can lead to power and monopoly
币圈研究所
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The Real Reason Behind Jack Ma's 'Retirement': Related to His Three Identities
In recent days, I've seen trending searches about Jack Ma on many platforms, saying he is on vacation in Spain, living an enviable life as a billionaire. When I opened the video comments section, it was indeed mostly sarcastic remarks, and those accusations were similar to those after his speech two years ago, but this time the outcry was much smaller. This reminds me of a question I saw on a Q&A platform about a month after his speech at the Bund Financial Summit two years ago (note: actually less than two years): Has Jack Ma stepped down from the altar? Perhaps Jack Ma's silence in public opinion over the past two years is the best answer to this question.
China Takes a Stand Against Bitcoin: Xinhua's Article Strikes Back Against Trump and Musk's Cryptocurrency Plans
Preface: At a time when the Trump administration supports Bitcoin, an article from Xinhua News Agency serves as a refreshing perspective, directly pointing to the financial risks in the U.S. behind the Bitcoin surge, which is seen as the beginning of China's counterattack against Bitcoin and other cryptocurrencies.
Main Text: On December 6, a commentary article by Xinhua reporter Su Liang ('The Financial Ecology and Risks Behind the Bitcoin Surge') attracted widespread attention.
The article reveals the Trump administration's favor towards Bitcoin and the political and economic motivations behind it. Trump not only appointed Musk's confidant David Sacks to oversee cryptocurrency affairs at the White House but also plans to incorporate Bitcoin into the national reserves, aiming to create the 'seventh largest asset.'
What do the main consorts mainly protect? The mode of the dragon has never changed.
悟远
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A ten-year ban on currency has caused huge wealth losses for many citizens, while using 'economic stability' as an excuse to repeatedly suppress technological innovation, hindering the country's march towards the future. After ten years of ups and downs, looking back, we must ask: are they truly considering the property safety of the people, or is it just for their own short-term stability?
Decentralization of Dongda is absolutely not acceptable
加密夏森-备用
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Bitcoin is just the appetizer, a bigger opportunity is coming!
Our country's quantum chips are about to make a breakthrough, at which point we will launch a super cryptocurrency based on quantum algorithms!
Absolutely secure, absolutely encrypted, and uncrackable. It can also achieve decentralization.
Moreover, it has value; each quantum coin must be earned through the computing power contributed to the global quantum network system. This is used to promote the development of quantum computing power. Don't underestimate this computing power; the global effort is immense and can break scientific problems, can crack the Bitcoin system, can attack other countries' systems, and of course can also defend.
Quantum coins will inevitably appear, just wait and see.