The Kremlin issued a statement today stating that if missiles provided by the United States fall into Russian territory, Russia will consider the United States, rather than Ukraine, as the aggressor. The Russian side believes that this is a manifestation of increased U.S. involvement in the conflict. The statement also pointed out that the outgoing Biden administration is attempting to escalate the conflict through certain actions, which is tantamount to "adding fuel to the fire."
Yancheng police are amazing 👍👍👍 Recently, the Yancheng police seized 194,000 Bitcoins, which at the current price is worth nearly 19.4 billion dollars, equivalent to over 130 billion yuan. This is simply an astronomical figure! Such wealth could even be used to build multiple aircraft carriers. It reminds me of a 'big rough guy' who was caught, and the confiscated Bitcoins were used for futures trading, resulting in severe losses. If the Yancheng batch of Bitcoins is handled in the same way, the consequences would be unimaginable. As for whether the 'big rough guy' is now released and how he feels about the Bitcoin increase, he probably can only regret it.
In addition, regarding the PlushToken illegal fundraising case, many people suffered losses, the wallet founder was arrested, and some funds may never be recovered. It is said that Yancheng police officer Huang embezzled thousands of Bitcoins, but in the end, these Bitcoins still returned to the national treasury.
For the country, how to handle this wealth is a big issue. Although some suggest that the country could use these Bitcoins for investment, considering market volatility and risks, the country is more likely to choose a prudent approach to avoid unnecessary economic risks for the public.
After all, the bubble in the Bitcoin market could burst at any time, and the country would not take risks lightly. So, what do you think will happen to these 194,000 Bitcoins? Feel free to leave a comment for discussion.
When Bitcoin was 60 yuan, CCTV reported that Bitcoin was a scam. When it was 600 yuan, it was called a Ponzi scheme. When it was 6,000 yuan, it was called a pyramid scheme. When it was 60,000 yuan, mining was banned in China. Today, Bitcoin is nearly 600,000 yuan. CCTV said Bitcoin is digital gold. This change of face has become...$BTC
During this U.S. election period, the price of Bitcoin soared to $75,000, which may be a conspiracy by the big players. What is a conspiracy? A conspiracy is when you openly tell others your strategy, which can actually help achieve your goals.
Why has this Bitcoin surge made many people see a target of $100,000? The reason lies in the market's expectations of interest rate cuts, coupled with Trump's successful election, creating a combination of favorable factors that generally makes people optimistic about Bitcoin's future. Even I almost believed that it could break the $100,000 mark in the coming days.
However, will things really go this smoothly? I doubt it. Today's surge will be widely reported by global media tomorrow, and news of Bitcoin continuously breaking new highs will spread everywhere. This will attract a large number of new investors to open various financial apps on their phones, discovering that the returns on their other investment products are far less than trading cryptocurrencies. Once these people decide to join the crypto circle, a large influx of fresh blood will naturally find someone to take over at this high point in the short term.
The big players precisely hope to see this. They create this kind of high market sentiment to attract newcomers to the market, and then sell off at high prices to reap profits. Therefore, everyone should be cautious; the big players may change their strategy after seeing this content and cut the newcomers again.
In short, investment requires caution, and do not be blinded by the short-term prosperity of the market.
1. Trump Wins Pennsylvania, Virtually Locking Down 47th US Presidency: Trump's victory in Pennsylvania makes him almost certain to become the next US President.
2. Musk Expected to Join US Government: Trump has stated that he will give Musk a government position if he wins. There are predictions that Musk could be a future US President.
3. Trump's Presidency Benefits Reduced War: Trump has had relatively less international conflict in his last term, and he tends to favor peaceful resolution of disputes, especially when driven by business interests. If the Russia-Ukraine war can end, it will also be a major positive for Bitcoin (BTC).
4. BTC Market Dynamics: The current main force sold $136 million at $74,754 and $96.45 million at $74,009.
94,749 people were liquidated in the past 12 hours, with a liquidation volume of $350 million for shorts. The market is expected to clear all shorts before reversing, after which a decline may occur.
5. US Stocks and BTC Trends: - US stocks are expected to hit new highs tonight. - Bitcoin is currently priced at $740,000, with no obvious signs of weakness. It is not recommended to short. - The downward correction after the first wave of strong rebound will not be very deep. It is currently showing a tempting short pattern, and there will be a correction only after a divergence from the top occurs at least once every 15 minutes.
6. Market Sentiment: I just checked Twitter and found that many people are starting to short. The decline will not be smooth until the market has increased its volume and inserted a pin. It is recommended to wait for the market to adjust before considering any action.
The above information is for reference only, and investment should be done with caution.
If Trump is re-elected as U.S. president, his policy direction may involve the following aspects: 1. Foreign Policy: Trump tends to avoid direct conflict with Russia, so he may ask NATO to reduce support for Ukraine. This could lead to a de-escalation of tensions between Ukraine and Russia through a ceasefire agreement similar to the Korean Peninsula model, but both sides may not sign a formal peace agreement in the short term. 2. China Policy: In trade, military, and technology, Trump is expected to continue sanctions against China, particularly targeting China's semiconductor, new energy, and electric vehicle industries. These measures could severely impact China's foreign trade enterprises.
Cryptocurrency is the main character; regardless of who is elected, strong support is what matters
Waking up at three in the morning, still adjusting to the time difference. Recently, the U.S. election has become a global focus; not only are Americans paying attention, but people worldwide are also closely watching this contest. Naturally, those in the crypto circle are no exception. Some believe that Trump's election is good news for cryptocurrency, while Harris holds the opposite view. However, this perspective actually simplifies the issue.
In fact, the trend of cryptocurrency development is irreversible. With its technological advantages and enormous growth potential, it has attracted the attention of political figures, including Trump. Trump's support for cryptocurrency is more about appealing to this large and active voter base rather than the cryptocurrency itself needing his support to grow. Similarly, although Harris has a more conservative stance towards cryptocurrency, she will not ignore this increasingly robust market. Once elected, in order to gain more support, she is likely to take measures to attract cryptocurrency investors.
Therefore, whether Trump or Harris is elected, it will not fundamentally change the direction of cryptocurrency development. People in the crypto circle should focus more on the innovation and development within the industry itself, rather than overly worrying about the influence of political factors. After all, the future of cryptocurrency depends on its own value and technological advancements, not the attitude of any political figure.
The recent drop in the price of Bitcoin from $73,000 to $67,000 has led some to speculate that this may be the result of some forces acting on their own, with the goal of harvesting about $200 billion in global capital. Now that the voting in the US election has ended, Trump's odds of winning were originally high, but now the situation has become tense and the support rates of both sides have become balanced, which means that people's bets are also being adjusted.
Like gambling, there is an unpredictable side to electing a president. Given the US political system, any attempt to challenge the existing power structure may face huge resistance. In order to win votes, Trump has adopted a variety of strategies to attract supporters, but this does not mean that these strategies can be fully converted into actual votes. For example, Musk publicly supports Trump, but the motivation behind this may not be simple.
As Harris's approval rating rises, the market begins to worry because Trump's previous remarks were too optimistic and inconsistent with the actual situation, leading to a "good news is out" mentality. If Harris is elected, it may trigger a large-scale sell-off in the financial market. At present, the election situation in swing states is still stalemate, and the competition between the two parties is very fierce, and there is even the possibility of social unrest. This uncertainty has a negative impact on the financial market, making investors more cautious.
The market sentiment is currently pessimistic, and everyone is waiting for the election results. It is expected that the price of Bitcoin will fluctuate between $66,500 and $69,500. Before the election results are announced, it is key to remain vigilant and flexibly respond to market changes. Today, we have made good profits through short-term trading. In the next few days, we need to continue to pay close attention to the development of the situation.
### The election is approaching, will Bitcoin rise?
As the U.S. election draws near, investors are increasingly attentive to market trends, especially for highly volatile assets like Bitcoin. Recently, Bitcoin's trend seems to indicate some positive signals. For instance, Bitcoin filled the gap of the CME (Chicago Mercantile Exchange) over the weekend, although there is still a gap of over $100 that hasn't been filled, the overall indication shows that the willingness to decline is not strong.
Historically, there was a merchant named Lü Buwei who gained immense benefits by supporting the future monarch of the Qin state. This story tells us that sometimes investing in seemingly high-risk projects can yield unexpected returns. However, this does not mean we should blindly invest large sums of money into assets like Bitcoin that have extreme price volatility.
From a technical analysis perspective, Bitcoin's 12-hour K-line chart shows that it is currently in an oversold state, which suggests that the number of buyers in the market may gradually increase, pushing the price up. Additionally, the well-known asset management company BlackRock has increased its holdings by nearly 30,000 Bitcoins in the past week, indicating that institutional investors are intensifying their investment in this cryptocurrency. These factors combined suggest that Bitcoin's price may rise.
However, the market is always filled with uncertainty. Especially in November, Bitcoin market volatility is expected to intensify. For ordinary investors, it is important to have a long-term holding mentality rather than trying to profit through short-term trading. Historical data shows that at the end of 2017 and the end of 2020, many cryptocurrencies performed exceptionally well in the market. As a new cycle begins, similar opportunities may arise again.
In summary, although there is a possibility of Bitcoin rising in the short term, investment should be cautious, maintain rational judgment, and avoid blindly chasing highs and selling lows. Remember, investing in cryptocurrencies requires adequate risk preparation.