Bank withdrawals no longer subjected to a one-size-fits-all inquiry. Withdrawals exceeding 50,000 do not require registration.
Three departments jointly issued the "Financial Institutions Customer Due Diligence and Customer Identity Information and Transaction Records Preservation Management Measures." Among them, the regulation stating that "individual cash withdrawals exceeding 50,000 must register the source of funds" has been canceled, consistent with the previous draft for public opinion.
According to the new regulation, when making withdrawals, banks will no longer inquire in a "one-size-fits-all" manner, but will decide whether to "ask a few more questions" based on risk status: in cases of higher money laundering risk, banks will "strengthen investigations" to understand the source and purpose of funds; for low-risk situations, simplified measures will be taken.
In theory: Sun Yuchen lost 450 million to hold a press conference for rights protection, which indeed conforms to public order and good customs, but everyone is not buying it!
What’s ridiculous is:
1. The 'media' he invited from the cryptocurrency circle is not there to help him report the event.
Instead, they are there just for the fun of it and to draw traffic for themselves.
As for Sun's rights protection follow-up, what does it have to do with me?
2. Others who have been scammed and cheated in the cryptocurrency circle, like him, instead feel a sense of satisfaction: after being cut by him so many times, Sun gets his comeuppance today.
Even those who haven't been cut by him, who have been cheated and don't have the ability to protect their rights, won't empathize with him.
3. Other practitioners: indifferent.
Sun doesn’t pay me advertising fees, and the marketing costs are wasted; it’s just another of Sun’s live shows.
Now most of the so-called consensus and community of Memecoins are just holding on to a dream of wealth, relying on the spirit of entertainment and freedom to build and spread their own ideas, and then continuously growing stronger, right? Ultimately selling to those who are willing to accept and recognize it, like 'Elon Musk', but who can hold on until the end or until they believe in that price? So many cryptocurrencies think they are the next golden dog of this cycle, with almost no differences in advantages and disadvantages; the price difference of a few times or dozens of times actually doesn't matter much, and in the later stages, most of them are just cannon fodder. #meme
As you return home in a Lamborghini with your pockets full of Dogecoin, Uncle lets you sit at the center of the dinner table, Your cousin, whom you've never met, remembers that you don't eat scallions and ginger, While chatting about family, you open a bottle of Maotai, The chicken is freshly bled and the fish is wild, Not a single red envelope you pulled out is deflated, Elders raise their glasses and watch your subtle expressions, Hoping you can help your cousin with her job, After all, they've seen you grow up.
The global cryptocurrency market capitalization is approaching 3 trillion US dollars, with Bitcoin continuing to dominate
According to CoinMarketCap, as of November 11, 2025, the global cryptocurrency market capitalization is approaching 3 trillion US dollars.
Bitcoin continues to dominate with a market capitalization of nearly 2 trillion US dollars, reflecting its status as the largest holding and the most recognized institutional cryptocurrency asset. Ethereum ranks second with a market capitalization of 391 billion US dollars.
Stablecoins such as Tether and USDC also hold significant positions, with market capitalizations of 184 billion US dollars and 76 billion US dollars, respectively.
The most terrifying scene is when the team is working, and someone earns and abandons the plate, so there is no strong endorsement and applications are not invested in at all, it all depends on who runs faster.
黄粱一梦
--
Bearish
The livestock Pump team has already cashed out to buy yachts and villas, with 1 billion dollars extracted over two years, several million users, 97% losses, and no airdrop, leaving only community members still paying for construction🤣 $PUMP {future}(PUMPUSDT)
### The latest situation of the "Chinese Dogecoin" on BNB Chain (Real-time sorting on November 21, 2025)
Currently, the only truly active and widely discussed "BNB Chain Chinese Dogecoin" in the Chinese community is this one:
| Project | Details | |-------------------|----------------------------------------------------------------------| | Coin Name | Chinese Dogecoin (also known as Dogecoin / $Dogecoin) | | Symbol | Dogecoin (community unified name) | | Chain | BNB Smart Chain (BEP-20) | | Contract Address (Official Unique CA) | 0xb05678ed0c9559955559de864829a0c8af574444 | | Launch Time | Fair launch in early October 2025 (no pre-mining, no team share) | | Total Supply | 1,000,000,000 coins (1 billion coins) | | Current Circulation| ≈ 950 million coins (remaining portion for community airdrop, marketing, burning) | | Number of Holders (Real-time) | ≈ 68,000+ people | | Liquidity Pool | PancakeSwap main pool has exceeded 4 million USD (locked + permanently burned LP portion) | | Official Twitter | https://x.com/Dogepump_ai (over 62,000 followers) | | Official Website | https://gougoubi.ai | | Telegram Chinese Group | t.me/dogecoinupup (21,000+ people) | | X Community | https://x.com/i/communities/1849483740383834530 | | Current Price (11.21) | ≈ $0.0042 (about 0.028 yuan), market cap about 42 million USD |
Now, the phrase that the entire Chinese community is shouting: "Native DOGE flies to the moon, Chinese Dogecoin takes us to Mars!" 🚀🐕🇨🇳
Bitcoin once dropped below $87,000! Over 220,000 people in the cryptocurrency market have been liquidated, with 5.8 billion yuan evaporated. Analyst: We have entered the "confirmed bear market phase".
The cryptocurrency market continued its decline for more than a month on November 20, with Bitcoin dropping over 4% and falling below $87,000 for the first time since April. Coinglass data shows that over 220,000 people in the cryptocurrency market were liquidated in 24 hours, with $814 million (approximately 5.8 billion yuan) disappearing.
Analysts pointed out that this cryptocurrency decline is mainly affected by a new round of risk aversion sentiment and the sell-off of tech stocks. The once-supporting forces—including large investment funds, ETF allocators, and corporate treasurers—have all exited the market, causing Bitcoin to lose an important pillar of the significant increase it experienced this year, triggering the market to enter a new vulnerable phase.
10X Research analysts say the crypto market has entered the "confirmed bear market phase." Weak ETF inflows, continuous selling by long-term holders, and low willingness of retail investors to enter all indicate that market sentiment is secretly deteriorating.
Narrative hype spreads like a virus: innovators are the index case, the media are super spreaders, and retail investors are the susceptible population. A skeptical spirit is the immunity, but it will wane over time, and the infection recurs.
Listening to Twitter spaces, it feels like there are so many idiots, it can really make you laugh to death, but being an idiot doesn't stop them from making money, and they might be talking nonsense, let it be destroyed.
It's like they have never been outside, a few years ago I also encountered such idiots, in the world of rivers and lakes, in the arena of love, I don't even know if my buddy has been released again, haven't been in touch for a long time, and have disappeared from sight.
Once, the individual with the most Bitcoin #BTC was actually a Chinese person (excluding Satoshi Nakamoto, whose life and death are too mysterious to know), this person in the picture below, Qian Zhimin, holds even more than Teacher Li Xiaolai. Shocking!
The Malaysian national power company has lost over $1 billion due to cryptocurrency electricity theft
The Malaysian Ministry of Energy stated that from 2020 to August of this year, the state-owned utility company, the national power company, has suffered losses exceeding $1 billion due to illegal electricity use by cryptocurrency miners.
The Malaysian Ministry of Energy and Water Transformation noted in a written response to Parliament dated Tuesday that the national power company discovered a total of 13,827 locations engaging in cryptocurrency mining through illegal electricity use during this period.
Most of the participants in the rune movement are Chinese people, and this wave of Chinese narrative is also dominated by Chinese, which will inevitably create a trend. After this round of decline, the web3 and cryptocurrency circles will see a different new world.
Bitcoin has mined over 95% of the supply limit of 21 million, with the remaining issuance expected to take more than a century.
On-chain data shows that Bitcoin crossed an important supply milestone on Monday (November 17), with the number of mined coins exceeding 19.95 million BTC, which is equivalent to 95% of the network's fixed limit of 21 million.
With each Bitcoin halving cycle, the issuance will continue to decline, and the final small portion is expected to be mined around the year 2140. #BTC走势分析 #BTC