Although blockchain is decentralized, as long as you are still living on Earth and control such a large industry that even the Americans are jealous of, as an industry leader, you must have the necessary sense of responsibility, or you should be a good rule maker and let the evildoers gradually disappear within the rules you set. Comparing yourself with fake exchanges is itself a very low rhetoric. It is hard to imagine that a person in charge of a company with a market value of 300 billion US dollars compares himself with people like Jiangnan Leather Factory and still has a good argument. Really, CZ would not do this.
Yi He
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Recently, some friends have been discussing what coins should and should not be listed on Binance. I will try to explain: The cryptocurrency world is a free market. The liquidity and trading volume of CEX and CEX, CEX and DEX, and various trading platforms are a total pool. CEX is not a closed market. Even if Binance does not list these projects, these projects still exist. Trading volume and funds will also be diverted to the corners of the entire industry. In addition to the unlocking of VC-invested projects, Meme coins, chain-based local dogs, wool-pulling, and capital plates will all be diverted. After the ETF is approved, the traditional financial market will also divert funds that flow directly to the cryptocurrency world. Let's look at VC again. Some VCs are indeed the core reason for the inflated prices, but VCs generally raise funds from LPs for a 7-year lock-up period of 4+3 years, collecting management fees + dividends; VCs are generally unlocked one year after TGE (not all), so many VCs in the cryptocurrency circle are also going bankrupt, and some VCs' LP investments in the cryptocurrency circle may also return to zero; and project parties that have received large amounts of financing have more possibilities to cross the bubble cycle, but the fundamentals of the currency price and governance model are determined by the project party, and there is no standard answer. Therefore, before investing, everyone needs to do a more in-depth analysis of the project tokens, such as token application scenarios, release cycles, holding ratios, and initial circulation. There is no standard answer. The rise of Defi has brought more liquidity to the industry and increased freedom, which has increased the difficulty for CEX to try to formulate rules, but this is precisely the charm of the free market in the cryptocurrency circle. DYOR
The halving sentiment has temporarily calmed down. After several major negative news, the resilience of altcoins has become stronger and stronger. Before, when BTC fell slightly, altcoins would fall super double. Now BTC has fallen by 2,000 points, and altcoins have symbolically shaken. US funds are also continuing to enter the market. The best case scenario is that BTC starts a slow decline, and part of the funds flow to altcoins. Lower BTC will help attract more people to enter the market. This ETF launch is actually a failure. In the short term, BTC has been pushed to a new high, which is very unfriendly to new money that only considers BTC ETH. A slow bull is the real bull.
$BTC Don't worry too much. Anyone who knows the US situation knows that it is impossible to raise interest rates. Not lowering interest rates is the best outcome. If you want to bankrupt banks, you can raise interest rates at will. The prosperity of the tertiary industry is a piece of cake. A small drop will definitely rise back.
$DOGE It is still bearish at the moment, with the position at 0.126. The current reverse rise is just a natural rebound after falling too much. Everyone thinks that the fall is almost over, but in fact it has not fallen far enough. There is no narrative push yet, Lao Ma himself is shipping. All negative.
Hahaha, in the past two days, a drama star has appeared in the community. He has attracted a lot of fans in a short period of time. He is regarded as a god by fans. He used tens of thousands of users to defraud people who estimated to have millions of users.
I won’t tell you who it is, but the latest speech really made me laugh to death. Sure enough, there are still a lot of dirty guys these days, so be wary of people who give you dates for no reason.