Microsoft Shareholders Say No! Why the BTC Investment Proposal Was Rejected
Microsoft shareholders recently voted down a proposal that requested the company to assess the possibility of including Bitcoin (BTC) on its balance sheet. This proposal was put forth by the National Center for Public Policy Research (NCPPR), which argued that Bitcoin could serve as a tool against inflation, citing the success of other companies (like MicroStrategy) through Bitcoin investments. However, Microsoft's board strongly recommended shareholders vote against the proposal, stating that the company had already evaluated a range of investable assets, including Bitcoin.
Shytoshi Kusama clarifies misunderstandings about the importance of token burning to SHIB's success
Shytoshi Kusama's clarifying point is to break the simplistic perception of SHIB's success within the community, emphasizing that while token burning is important, it is not the determining factor. His response mainly conveys the following layers of meaning: 1. Token burning is not the only success factor While burning SHIB can reduce circulating supply and theoretically enhance token scarcity, Kusama believes that SHIB's success relies more on multidimensional strategic layout. He cites SHIB's performance of a 192% increase in 2023 as an example, indicating that significant growth was achieved even with limited burning efforts, demonstrating that market value is not solely driven by burning operations.
Zhao Changpeng's recent remarks have undoubtedly sparked widespread discussion about China's relationship with Bitcoin. He mentioned that China's huge share in cryptocurrency transactions and its potential intention to reserve Bitcoin are of concern. So, if Rabbit really starts to hoard Bitcoin on a large scale or participate in the "Bitcoin G7", what kind of impact will it bring? The likelihood of a rabbit buying Bitcoin Global crypto market shock: If rabbits start buying Bitcoin in secret, the market could experience an unprecedented price surge. Such behavior could be similar to central banks increasing their gold holdings, triggering other countries to follow suit to protect the value of their own assets.
This wave of market conditions is indeed quite unfortunate. After a sharp drop, there was a swift rebound, especially with altcoins. This drop and negative fee rates have wiped out a lot of capital, particularly in leveraged trading. Indeed, many people fell into the high leverage trap while trying to go long, and altcoins were hit harder, causing many positions to be liquidated instantly. At the beginning of the year, we also experienced a similar situation, where the sharp drop and rebound seemed less persistent. It feels like this market is repeating the same scenario. Regarding the 'king-level' projects in the market, it is true that when such projects launch, it is common for liquidity to be drained away. Moreover, these projects often bring a short-term 'carving the boat to seek the sword' effect to the market, where many people overestimate their potential, but ultimately they may only lead to a round of speculation. The feast for VC is closely related to the bull market cycle, and often it is institutions with capital playing games. Today, I choose to 'buy the dip' in BTC, making some stable investments while the market is uncertain. Ordinary investors should not operate too frequently; less fussing around may actually provide more opportunities. After all, the market is very volatile, and sometimes short-term fluctuations can lead to unnecessary anxiety. Maintaining a calm mindset, selling in batches, clearing positions, and continuing to hold targets is a more prudent strategy. The strategy of adding more is also correct. Although adding more can bring short-term pain, if one can lighten the load, it may go further in the long run. As for contracts, staying away from them is indeed a wise choice, as many people have broken their capital chain through contract operations. Especially this time, the liquidation of altcoins is quite severe; even 3x leverage has been wiped out. Overall, it is essential to remain sensitive and rational to the market, maintain a stable mindset amidst volatility, try to minimize unnecessary fussing, and wait for valuable opportunities.
Bitcoin is difficult to regulate and is surging; there are reasons why Trump and Putin both love it.
Bitcoin has been volatile; just how crazy has it been? You can see that Bitcoin has set a historical high, exceeding $100,000, and then dipped to $94,000. Trump also made a statement, saying that Bitcoin represents the right direction, meaning he believes the development of virtual currencies is a normal trend.
At the same time, Putin has expressed his views on virtual currency. He stated that the development of new payment tools is evolving naturally, and no one can prohibit Bitcoin. From Putin's words, it is clear that he recognizes Bitcoin as a new payment tool. So, what does Bitcoin bring as a payment tool? Let’s discuss the characteristics of Bitcoin in detail.
On the morning of December 10, 2024, Bitcoin experienced a sudden spike drop, quickly falling to $94,000, causing severe turbulence in the entire cryptocurrency market, with altcoins suffering particularly heavy losses. Many token prices fell by over 20%-30%. As of the time of writing, Bitcoin has recovered somewhat, but the volatility of market sentiment remains evident. This market fluctuation has had a huge impact, with total liquidation amounts reaching $1.716 billion, involving 570,876 traders. Market Liquidation Wave: Leveraged Trading and High-Risk Exposure This market liquidation amount has set a record high since 2023, surpassing last month's liquidation scale of about $500 million. In the liquidation event, long positions suffered the most, with total losses reaching $1.53 billion, while short positions lost $155 million. The most affected were small altcoins, with liquidation amounts reaching $564 million, of which over 96% came from long positions.
Xinhua News Agency Commentary: "The US Financial Ecology and Risks Behind the Bitcoin Rush" Great Power Game, Strict Regulatory Measures Are Coming Soon
On December 6, Xinhua News Agency reporter Su Liang published a commentary titled (The US financial ecology and risks behind the "Bitcoin Rush"), which made a profound analysis of the current surge in Bitcoin and the Trump administration's policy to promote cryptocurrency. The article specifically mentioned that former US President Trump's statement on December 5 and his appointment of former PayPal COO David O. Sacks as the White House's head of artificial intelligence and cryptocurrency affairs are obviously an important part of the cryptocurrency strategy. Trump and the cryptocurrency duplex
Telegram Founder Pavel Durov Faces Trial as Cryptocurrency Market Turmoil Resurfaces
Pavel Durov, the founder of Telegram with hundreds of millions of users, actually faced questioning in a Paris court for allegedly facilitating criminal activities. What exactly happened? Let's investigate. 📅 On December 6, Pavel Durov underwent formal questioning in a Paris court. This turmoil originated from accusations that the Telegram platform provided a breeding ground for illegal trading. Durov's trial was originally related to some crypto projects on its platform, especially the TON blockchain (Telegram Open Network) that Telegram had attempted to launch, as well as the Gram token it supported. Although Telegram officials have repeatedly stated that they are not related to the exit of these projects, the founder's trial still triggered significant turbulence due to the platform's deep involvement in the community building of crypto projects.
Today's wealth code is ENA. Two important recent announcements: one is a stablecoin collaboration with BlackRock participating in the MakerDAO competition; another is a deep cooperation with the largest on-chain options platform, Derivexyz, to build options and structured products on USDe, uniquely realizing new financial primitives using Ethena liquidity and USDe composability. It has the potential to become the biggest dark horse in this market cycle; as this bull market has no breakout concept, ENA's utilization of market arbitrage positions, the entry of traditional capital, and the demand for stable returns during the bull market will make it the most appealing option!
Case Study: Money Laundering through Reselling Virtual Currency Should Be Punished?
Xiao Ming received a link in a WeChat group, "Do you want to make money?" Make money? Hesitating for a second is disrespectful to the dream of "getting rich overnight"! He immediately opened the link and carefully learned how to resell USDT (Tether) to make money. After being prepared, Xiao Ming took action immediately... Xiao Ming first bought Tether at a normal price on Platform A, and then went to Platform B to sell it at a price significantly higher than the market price (market price: selling price = 7.3:8.0). After a buyer agreed to buy, he operated multiple online shopping accounts and placed orders for several Apple phones at multiple merchants, using the payment function to let the Tether buyer pay for the phone. After receiving the online-purchased phone, Xiao Ming sold it to an offline mobile phone store, and then used the proceeds from the sale of the phone to continue buying Tether, starting a new round of operations.
This week's large unlock is coming! APT, STRK, SEI prices may fluctuate greatly, cryptocurrency investors should be prepared
Notice! ! This week APT, STRK, and SEI will have large amounts unlocked, with a total release value of over US$200 million. This means that the tokens of these projects will be released to the market, which may have a significant impact on market prices. Token unlocking often results in an increase in market supply, which puts downward pressure on prices, especially when holders of these tokens choose to sell. Specific unlocking situation: APT (Apartments) APT will unlock 11.31 million tokens at 0:00 on December 12, worth about $163 million, accounting for 2.11% of the circulation. Aptos is a highly watched Layer 1 blockchain project that aims to improve the throughput and scalability of blockchains. This week, Aptos will have a large amount of tokens unlocked, which usually means that the lock-up period of the original investors or team has ended, and more tokens will circulate to the market.
Method Overview: Initial capital: 7000 yuan (about 1000 US dollars) Contract trading: Use $100 to gamble for hotspot coins each time. Double each round: 100→200→400→800. Three rounds, no more than three times. After the profit reaches $1,100: Adopt a three-pronged strategy: Ultra-short order: 15-minute level, fast trading, high returns, but also high risks. Strategy order: small position, 4-hour level, suitable for stable operation, fixed investment in Bitcoin. Trend order: For medium and long term trading, find the right entry point and set the appropriate profit and loss ratio. Key Points:
Wealth Code: ARB (Arbitrum) The wealth code we are going to focus on today is ARB.
Cryptocurrency investor Andrew Kang recently tweeted that despite Arbitrum ($ARB )’s recent performance, its true value has not yet been fully explored. He emphasized that Arbitrum’s is far superior to his L2 competitors in terms of DeFi total locked volume (TVL) and transaction volume.
The current price is about $1.0925, which is a potential coin worth exploring in depth. As the Ethereum expansion plan is gradually recognized by the market, Arbitrum, as part of the Layer 2 expansion solution, has a promising future. Although the current price performance is stable, market sentiment is gradually warming up, and there is still good room for growth in the long run. The following is my investment strategy and suggestions to help you seize this opportunity.
Fatal click! $PEPE token holders lost $130,000 due to malicious transaction of "increaseAllowance"
A crypto disaster has hit the $SHIB community! A token holder lost $150,000 in an instant after unknowingly signing a malicious "increaseAllowance" transaction. This news flagged by Scam Alert is a wake-up call to all crypto users: your wallet is far more vulnerable than you think. 😱 Let’s dive into the details of what happened and most importantly, learn how to protect yourself from falling into the same trap! 🔍 What went wrong? The scammers exploited the victim’s wallets, tricking them into signing malicious transactions. The key mistake? The use of the increaseAllowance function, giving them unlimited access to the tokens. The result? 💸 The scammers quickly stole $150,000 worth of assets, leaving the victim with nothing. This wasn’t just a technical vulnerability, but a major financial blow that reminds us that crypto security is non-negotiable.
Wealth Code: Floki - Low Price Explosion, Opportunity is at Hand!
Today's wealth code is Floki (FLOKI), which is entering a phase of potential explosion! The current price is $0.00026. Although it may seem like minor fluctuations, this is a huge buying opportunity. Floki is not just a community-driven MEME coin; it has substantial community support and a star effect behind it. Here is the investment strategy I have devised for Floki to help you seize this explosive opportunity!
As a former employee of a cryptocurrency company, I have dealt with several account theft incidents. I could share the specific processes used to recover losses through various legal and illegal means from the company level. As an individual, especially as a beginner, do you know what you can do?
1. Immediately freeze or lock the account Log into your exchange account as soon as possible, change your password, and enable two-factor authentication (2FA) if you haven't already. If your account has a 'lock account' or 'pause trading' feature, use it immediately. If the theft occurred at a certain wallet address, try to freeze or report it through the wallet provider's services.
Blood and Tears Trading Experience of an Over-40 Unemployed Veteran in the Cryptocurrency Market
After six years of struggling in the cryptocurrency world, experiencing soaring and plummeting prices, making profits and then losing it all, I have finally summarized some reliable trading methods. Looking back to when I entered the cryptocurrency market after being unemployed at over 40 years old with 100,000 RMB, I was also a victim of repeated losses. Today, holding a significant amount of spot assets, I want to share several trading techniques that I have personally practiced, hoping you can avoid detours and achieve financial freedom sooner! 1: Pyramid bottom-fishing method - precisely grasp the opportunity of a major drop During severe market fluctuations, the best operation is bottom-fishing. This method applies to those major drops you have already predicted, but be careful not to be greedy and enter the market in batches. The specific operation steps are:
Family, this year Dogecoin (DOGE) has truly been riding the waves, charging forward like a 'dark horse'! At the beginning of the year, it was hovering around $0.1, and even in the depths of October, it was largely ignored. Unexpectedly, just a few months later, it has surpassed $0.44, with its market cap once breaking the 62 billion mark. Now, even with a slight pullback, the market cap remains steadily around 61.3 billion, making one wonder: how long can this dark horse DOGE continue to go crazy?
Today's wealth code is HIGH (Hegic), currently priced at $2.42. From a broad trend perspective, HIGH is still at a relatively low position and has the potential to achieve growth in the upcoming market cycle. Therefore, buying on dips remains the best strategy.
Target Levels and Defense Level: Target Level ①: $2.80 Target Level ②: $3.20 Target Level ③: $3.50 Defense Level: $2.00 Entry Strategy: Currently, the price of HIGH is $2.42. Although there may be fluctuations in the short term, overall, the price remains in an upward channel. When the market experiences a pullback, it is recommended to position within the range of $2.20 to $2.40. If the price further dips to around $2.00, consider increasing the position, continue holding, and wait for the price to rise.
The Next Wave of FET, Holding Coins and Waiting for Price Increase
Today's wealth code is FET (Fetch.ai). The current price is $2.07. Although it has not yet reached its breakout point, with market sentiment gradually warming up, FET has the potential to explode in the future. Especially against the backdrop of Bitcoin's surge, FET is expected to experience a strong increase.
Target Price and Defensive Position: Target Price ①: 2.50 Target Price ②: 2.80 Target Price ③: 3.00 Defensive Position: 1.80 Entry Strategy: The current price of FET is already close to the support range, and market sentiment is gradually warming up, with the cryptocurrency market slowly emerging from the low point. Although the price is $2.07, FET's technical indicators show that there is room for further increase. In the short term, if the price breaks through $2.20 and stabilizes, one can start considering positioning. The ideal entry timing is to gradually increase positions after breaking $2.20, while also setting stop-loss levels to guard against price fluctuations.