XRP Big News, Market Plummets, But XRP Whales Frenziedly Sweep Up 80 Million!
Recently, this market has been truly thrilling, but the XRP whales seem to be not afraid at all. When the market crashed, they took the opportunity to buy in bulk, sweeping up 80 million XRP in one go!
Look at BTC and those popular altcoins, they have all dropped significantly recently. But this has provided everyone with a good opportunity to buy at the bottom. Moreover, Ali Martinez has pointed out that since the market started to correct, these whales have been quietly accumulating. Speaking of Ripple, their recently launched stablecoin RLUSD has also been eye-catching. This thing can increase liquidity, making XRP, this little expert in cross-border payments, even more attractive. Today, XRP's price has risen by 4%, and trading volume has surged by 27%! However, despite the price increase, the open interest in the futures market has dropped quite a bit. This indicates that some people still have concerns, worried that this is just a short-term rebound. Although this market is highly volatile, there are also many opportunities; as long as you have vision and courage, you can reap significant benefits here. Just like those whales, while everyone else is selling, they are quietly accumulating, waiting for the right moment to make a big profit!
Recently, one of the founders of Dogecoin, Billy Markus, made a big announcement on a platform, saying that Dogecoin is going to become 'scarce'. This has caused quite a stir in the cryptocurrency community. As fans of Dogecoin, we need to talk about this. First, we need to understand what 'scarce' means and how Dogecoin can become scarce. Billy Markus said it's not difficult; it just requires a few steps: First, we need to get those coding experts to take action and change a setting on GitHub, the programmers' stronghold, so that Dogecoin can become scarce.
How much money has Trump made from cryptocurrency in two years?
It is safe to say that Donald Trump himself has not actually signed transactions on Polygon and Ethereum. Nevertheless, those handling cryptocurrency projects related to him are still doing their best to make Trump live up to his title: the first on-chain president. I spent the morning sorting through on-chain data related to Trump's crypto projects—his NFT series (trading cards) and the upcoming DeFi platform World Liberty Financial. This is a quick analysis, but the data shows that Trump has earned nearly $84 million in cryptocurrency revenue in two years.
Bitcoin is about to test again! Future positives await! Timing is crucial for bottom-fishing!
Good evening, brothers and sisters. Today's market drop has left people feeling somewhat numb. Yesterday's decline felt like the 3.12 event, while today's feels like the follow-up or aftershock of 3.13. In the past 24 hours, the global liquidation amount reached $1.023 billion, with over 300,000 people liquidated. Cherish life, stay away from contracts! Yesterday, the liquidation amount of altcoins far exceeded that of Bitcoin. Although today’s decline is also significant, the liquidation amount has clearly decreased. It seems that the altcoin bulls have basically exhausted all their strength.
Now, after liquidating long positions, it seems the shorts are also not spared. The long amount is currently $1.3 billion, while the short amount is as high as $9.3 billion. Are the shorts panicking now?
The United States began to catch traitors after leaking the "top secret". Did Musk offend someone he shouldn't have?
America’s “King of One Word” Musk has been targeted. According to the New York Times, U.S. federal agencies have launched at least three reviews to investigate whether Musk and his space exploration technology company SpaceX have complied with security reporting regulations designed to protect national secrets. Musk responded simply: "I am being hunted by the deep state traitors who have their paid puppets in the legacy media. I never like to start a fight, but I will put an end to them."
As a die-hard supporter of Trump, why is Musk being targeted? Can Musk escape federal scrutiny?
In trading, some people believe that the more the price falls, the more they should buy, while others believe in stop loss. Which one is correct?
I think this is a very good question, and it is also a topic that I particularly want to make a special topic for members recently. Whether to buy more when the price drops or resolutely stop loss depends essentially on your values and cognitive level. Let's first look at what investment and speculation are: In the market, there are two types of people, one is value investing, and the other is speculating. There is no good or bad difference between the two. The previous article on contracts also mentioned in detail that the original intention of the invention of futures contracts was to hedge for those who produce spot goods (short/sellers) or those who need spot goods in the future (long/buyers). However, if everyone comes to hedge, it is very likely that you will not be able to find a counterparty that can match it in this market, and no transactions can be made. At this time, speculators began to appear. Speculators acted as the counterparties of these serious hedgers, providing liquidity, and buying and selling completed the pricing of the futures market. Hedges complete the transfer of risks through speculators, and speculators obtain an expectation of possible future profits by accepting risks. In the long run, value investors make money from these speculators.
1) Market trend BTC plummeted, the monthly line inserted upwards, and the bull market entered the second half. The copycat plummeted, and the meme led the decline. Yesterday and the day before yesterday, there was talk of a plummet. How many people can keep up? The car is too heavy and can't be pulled. Welcome to leave a message and take you to lay out the magic order US stocks fell, and the monthly line of the US dollar index broke upward. The Federal Reserve is hawkish, and the number of interest rate cuts next year will drop significantly. 2) Market hot spots: 1. Stable currency Usual rose sharply. Cooperating with ENA, mining contract rates and US Treasury yields at the same time, the coin price subsidizes the Apy yield to form a positive Ponzi cycle. 2. The platform coin BGB rose sharply, with a market value of 9 billion US dollars close to OKB's 10 billion US dollars. 3. Fartcoin and ARC on the chain AI rose sharply. Fartcoin, the fart coin, appeared on an American TV show, with a market value of more than 1 billion US dollars, becoming the only winning AI meme. ARC will cooperate with the Sol Foundation on Rust's AI platform, and will establish a coin pair trading launch platform similar to Virtual. The highest market value of the competing product Virtual is 3 billion US dollars. 4. The UFD of the on-chain meme is rising rapidly. UFD is an old-timer coin that satirizes culture, and its market value reached $300 million in 2 days. The biggest function of meme is satire. Shit, urine, fart, cats, dogs and frogs, these arts that the people love the most, are the most vital art memes.
First, you have to know how much money you need after retirement. This varies from person to person, but generally speaking, $1 million to $2 million is a rough number. Then, you have to look at the current price of Dogecoin. In 2024, the price of Dogecoin will fluctuate between $0.05 and $0.1 per coin. For example, if you want to have $1 million after retirement, and the price of Dogecoin is $0.1 per coin, then you need 10 million Dogecoins! Of course, investing in Dogecoin has potential, just like it has skyrocketed in 2021. But you also have to understand that cryptocurrencies are volatile, especially Dogecoin, and the risk is not small. So, don't put all your eggs in one basket. You can invest part of your money in Dogecoin and put the other part in more stable assets. This way, even if Dogecoin rises, you can make money, but you won't lose sleep because you bet everything on it.
And don't forget about taxes. If Dogecoin goes up, you may have to pay taxes on the money you earn, so you have to plan ahead. Finally, you have to think about the future of Dogecoin. If it really goes up to $1 or $5, the number of Dogecoins you need for retirement will be greatly reduced. But it all depends on the market, the price, and your own financial situation. In general, it is not impossible to retire with Dogecoin, but you have to be strategic, risk-aware, and plan well. Ambush potential coins in advance and keep up with my pace
250,000 people liquidated! A single sentence from Powell caused a collapse! Bitcoin fell below $100,000, altcoins adjusted close to 15%, and is the super major crash to 20,000 points still on the way?
This morning, Powell stated that the Federal Reserve has no intention of participating in any plans for the government to hoard large amounts of cryptocurrency. Coupled with the Fed's meeting lowering interest rate cut expectations for next year, this has led to a significant drop in cryptocurrencies. Since standing at 90,000, we have already experienced three rapid declines, and today’s drop counts as the fourth. It can be said that the previous three rapid declines consumed a large amount of buying power, so this time after the rapid decline, we did not see much buying power in the market. Instead, there was a downward trend after a sideways movement, which effectively buried another wave of bottom-fishing funds. Therefore, in the short term, it will be quite difficult to return to a strong position. The overall market enthusiasm was too high recently. If nothing unexpected happens, the market should be completing the most severe cleansing before the rapid rise of altcoins, aided by the knife handed over by Powell.
Bitcoin just won't drop, altcoins just won't rise; could it be that we are truly experiencing a false bull market?
Bitcoin's continuous new highs also align with expectations of the Federal Reserve's impending interest rate cuts, surging from 103,000 to 107,000, and now the exchange rate has fallen back to 106,500. The speculative index for altcoins has also dropped from a previous high of 90 to 63. Currently, the market situation shows that BTC has a very strong sucking effect. Looking at historical interest rate cut trends, each time before a rate cut, there is always a rally in Bitcoin, followed by a surge after the cut. Therefore, if we promote Bitcoin, it is not far from 110,000, and if the market goes crazy, we might even see 150,000. When will altcoins experience a rebound? That being said, even if Bitcoin continues to rise and breaks 110,000, altcoins will still present a half-dead situation. For altcoins to show improvement, there must be outside capital entering, or funds previously stuck in high market cap coins like DOGE, XRP, and ETH need to flow back out. If these do not rise, it will be difficult for altcoins to improve. As for the wealth generation effects on-chain, everyone needs to rely on their own ability because they come quickly and leave quickly, which is not suitable for all non-professional players. The race is filled with full-time scientists, and to compete with them, you need not only expertise but also enough time to study.
Must-See Cryptocurrency Trading Secrets for Newcomers
Trading cryptocurrencies is not as simple as you think; it’s not just about buying low and selling high to make countless profits. A qualified trader not only needs to understand economics but also keep up with news trends, understand national policies, care about international situations, study the fundamentals and technical aspects of cryptocurrencies, and constantly fight against their own fears and greed. You need to have a big heart to withstand the ups and downs, and endure temptations and hardships. Those who survive in the cryptocurrency world are basically resilient and tough.
I previously conducted a survey, the general content was to investigate each person's risk preferences and investment styles, such as which market conditions you are better at buying in. 1. Sharp rise 2. Sharp drop 3. Consolidation Everyone has given their own answers; every type has moments of making money, of course, there are also moments of suffering heavy losses. It's not to say that buying during a sharp rise is better than buying during a sharp drop, or that buying during a drop is better than buying during consolidation, because this is not a simple 'yes' or 'no' issue, as buying corresponds to selling. Buying during a sharp rise may lead to selling the next second; buying at the bottom during a sharp drop may mean selling after a week of rebounds.
Bitcoin has reached a new high, but altcoins are generally in a pullback state, especially those on CEX, where nine out of ten are falling. Although the total market value of the crypto market has surpassed 3.9 trillion, setting a new record, this is mainly due to Bitcoin's contribution, with Bitcoin's market share also exceeding 57.38%. The funding rates on major CEX also do not support altcoins to continue rising, generally below 0.01%. Typically, a funding rate above 0.01% indicates a bullish market, while below indicates a bearish market. Ethereum has performed better than most altcoins, but the ETH/BTC exchange rate is still declining. However, last week, the inflow of funds into Ethereum ETFs reached $850 million, creating a weekly historical high. This indicates that off-market sentiment towards ETH has improved, and several institutions are predicting that Ethereum will reach an all-time high (ATH) before the end of the year. I also think this is not a big issue, as long as the Ethereum Foundation doesn't create any troubles, the ATH is just a thin barrier.
The trading period for ETH has passed, and this week is the acceleration phase. First, let ETH open up space to rise, and then altcoins will follow suit. The ETH being pumped has become much clearer! Although Bitcoin currently dominates, many people have lost confidence in altcoins again, but I am very optimistic about the future: This is just the beginning! From December to March, there will be several waves of good news driving the rise. Don’t be swayed by those bears; every day they are either bearish down to $80k or $70k or predicting a super black swan crash. If you’re so bearish in a bull market, I advise you to withdraw early and stop playing. In the past two days, altcoins have had a slight adjustment, but after the adjustment, they will continue to rebound. In this case, it is not advisable to chase high-priced coins; instead, look for strong coins that have adjusted for a month or have plummeted, as there are great opportunities.
When it comes to investing, it’s still the same: find what makes you feel at ease, look for the right price point, and ensure there is sufficient cost performance and faith. This is the most suitable method for ordinary people. Cost performance is very important; buying at a price that brings peace of mind allows for patient holding. Don’t let market fluctuations spoil your appetite; if so, it’s unnecessary, as it goes against the essence of investment. Investment should make life happier, not more haggard. A good buying price makes it easy to take profits when selling. Remember? $BTC $ETH $SUI #BTC再创新高 #山寨现货布局如何布局
In a bull market for cryptocurrencies, many altcoins experiencing explosive growth will emerge. Is it possible to short them after they have risen?
In recent days, Bitcoin has continuously broken new highs, and Ethereum has also been breaking through. The overall market is steadily moving up. Ethereum and Ripple are performing relatively strong, while other mainstream cryptocurrencies and major altcoins are generally being drained before stabilizing and moving sideways. Only then will funds flow into other mainstream cryptocurrencies and major altcoins. However, during Bitcoin's rise, there has not been a significant increase in volume. Currently, it seems that the trend still has the potential to continue rising, and it is not ruled out that it could linger around the $110,000 position in the short term. Today a friend asked me where the top is; actually, that’s not important. What’s important is whether the risk or opportunity is greater at a certain position. Just manage the corresponding positions well. Many experts can't escape the top either. Later, I will briefly explain my position control thoughts; personal reviews do not constitute any investment advice.
Bitcoin and Ethereum suck the blood of altcoins! When will altcoins rebound? Will the interest rate decision detonate the market?
Today, Bitcoin hit a new high, reaching a peak price of $107,793. The main reason for this rise was that MicroStrategy's stock was included in the Nasdaq 100 index, and the company's CEO Michael Saylor announced another large purchase of Bitcoin.
From this point of view, MicroStrategy clearly believes that Bitcoin's breakthrough of $100,000 is just the starting point, so it continues to increase its positions. This move is obviously event-driven, but unfortunately, this momentum may not last long. If there is no new FOMO sentiment spreading, the market may experience a correction in the short term. In terms of altcoins:
Is it better to use isolated margin or cross margin for contracts?
When it comes to cryptocurrency trading, most people will encounter contracts. In contracts, we need to choose between cross margin and isolated margin. In digital currency contract trading, cross margin and isolated margin are two different margin modes. In cross margin mode, all available balances of the investor are viewed as margin. This means that if positions incur losses exceeding the account balance, the investor faces the risk of liquidation. The advantage of cross margin mode is that it can enhance the account's loss-absorbing capability, especially in low leverage and low price volatility situations. This mode is typically used for hedging and quantitative trading.