Shanghai
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📉 The strongest bear markets by major indices
• S&P 500 (USA) – during the Great Depression of 1929–1932, the index collapsed by 86%.
• #Nasdaq 100 (USA) – the largest crash occurred during the dot-com bubble of 2000–2002, with a decline of 78%.
• #Nikkei 225 (Japan) – a prolonged decline from 1989 to the end of 2008: 82%, the new ATH index was only reached after 35 years.
• #Shanghai Composite (China) – the worst period of 2007–2008, a decrease of 72%.
💡 History shows: markets are cyclical, and patience and strategy are as important as knowledge.
• S&P 500 (USA) – during the Great Depression of 1929–1932, the index collapsed by 86%.
• #Nasdaq 100 (USA) – the largest crash occurred during the dot-com bubble of 2000–2002, with a decline of 78%.
• #Nikkei 225 (Japan) – a prolonged decline from 1989 to the end of 2008: 82%, the new ATH index was only reached after 35 years.
• #Shanghai Composite (China) – the worst period of 2007–2008, a decrease of 72%.
💡 History shows: markets are cyclical, and patience and strategy are as important as knowledge.
HKbitEX Collaborates with Shanghai Technology Exchange for Asset Tokenization Solutions #crypto #shanghai #tech #solutions #assets
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According to Foresight News, Ethereum core developers confirmed in a conference call that the Shanghai upgrade will be carried out on the Ethereum mainnet on April 12. The upgrade will enable the withdrawal of pledged ETH. The date will be fixed pending confirmation by the developers on GitHub. No more changes.
#ETH #shanghaiupgrade #shanghai
#ETH #shanghaiupgrade #shanghai
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$ETH increased by 22% in the last 24 hours, thought it was some memecoin rising :))
Definition of large market capitalization, hard to push this season, isn't it AE? It's just whether the house likes to push or not. It's still when investors are at their most frustrated, selling a lot is what pushes.
Remember, in November we saw many top coins in the market multiply by 4-7 times in a month, while new coins just barely managed to double or triple and then split 5-7 times in the past few months.
More than 2 years ago ETH upgraded #Shanghai we had waves to play, but now in Cancun no, ETH just upgraded PECTRA a few days ago will HOÀNH HẬU regain investor confidence AE?
Definition of large market capitalization, hard to push this season, isn't it AE? It's just whether the house likes to push or not. It's still when investors are at their most frustrated, selling a lot is what pushes.
Remember, in November we saw many top coins in the market multiply by 4-7 times in a month, while new coins just barely managed to double or triple and then split 5-7 times in the past few months.
More than 2 years ago ETH upgraded #Shanghai we had waves to play, but now in Cancun no, ETH just upgraded PECTRA a few days ago will HOÀNH HẬU regain investor confidence AE?
Shanghai Signals Potential Shift on Stablecoins & Digital Currencies
Shanghai, China – In a significant development, a Shanghai regulator recently held a meeting to discuss policy responses to stablecoins and other digital currencies, signaling a potential shift in China's historically stringent stance on cryptocurrencies. The meeting, organized by the Shanghai State-owned Assets Supervision and Administration Commission, brought together local government officials to consider strategic approaches to these emerging financial technologies.
While crypto trading remains banned in mainland China, this gathering indicates a growing awareness and possibly a re-evaluation of digital assets, particularly stablecoins which are typically pegged to fiat currencies. He Qing, the regulator's director, emphasized the need for "greater sensitivity to emerging technologies and enhanced research into digital currencies."
This move comes as major Chinese companies, including JD.com and Ant Group, are reportedly lobbying for the development of yuan-pegged stablecoins and are looking to apply for licenses in Hong Kong, where stablecoin legislation is set to take effect on August 1st. Given Shanghai's role as a key international financial hub and a frequent testing ground for regulatory changes, this meeting could foreshadow broader policy adjustments in China regarding digital currencies and their potential applications in cross-border finance.
#Shanghai #Stablecoin
Shanghai, China – In a significant development, a Shanghai regulator recently held a meeting to discuss policy responses to stablecoins and other digital currencies, signaling a potential shift in China's historically stringent stance on cryptocurrencies. The meeting, organized by the Shanghai State-owned Assets Supervision and Administration Commission, brought together local government officials to consider strategic approaches to these emerging financial technologies.
While crypto trading remains banned in mainland China, this gathering indicates a growing awareness and possibly a re-evaluation of digital assets, particularly stablecoins which are typically pegged to fiat currencies. He Qing, the regulator's director, emphasized the need for "greater sensitivity to emerging technologies and enhanced research into digital currencies."
This move comes as major Chinese companies, including JD.com and Ant Group, are reportedly lobbying for the development of yuan-pegged stablecoins and are looking to apply for licenses in Hong Kong, where stablecoin legislation is set to take effect on August 1st. Given Shanghai's role as a key international financial hub and a frequent testing ground for regulatory changes, this meeting could foreshadow broader policy adjustments in China regarding digital currencies and their potential applications in cross-border finance.
#Shanghai #Stablecoin
🌐 #Shanghai Considers Stablecoin Regulation
Shanghai’s state regulator convened about 60 – 70 officials to explore a Yuan-pegged stablecoin—a marked departure from China’s 2021 crypto ban. This may pave the way for Chinese firms like JD.com and Ant Group to launch such tokens from Hong Kong once new regulations take effect August 1
Shanghai’s state regulator convened about 60 – 70 officials to explore a Yuan-pegged stablecoin—a marked departure from China’s 2021 crypto ban. This may pave the way for Chinese firms like JD.com and Ant Group to launch such tokens from Hong Kong once new regulations take effect August 1
🔥 Ethereum's Shanghai Upgrade: StETH Unlock Speculation Hits Peak
Ethereum’s long-awaited Shanghai upgrade is about to go live, and the crypto world is abuzz with speculation about what will happen when millions of previously locked ETH are finally unlocked!
🚀 Why Everyone’s Watching
Over 18 Million ETH Locked: Billions worth of ETH are currently staked and waiting to unlock, representing a massive potential shift in liquidity.
Validator Rush Expected: Increased validator activity suggests a significant number may exit positions as soon as they’re able, likely impacting price dynamics.
Staking Protocols Surge: Liquid staking platforms like Lido and Rocket Pool are seeing increased action as traders position themselves ahead of the upgrade.
ETH Price Moves: With markets watching every development, volatility is expected as soon as the unlock begins.
💡 What This Means for You
The Shanghai upgrade is more than a routine update—it’s a possible game-changer for ETH and the entire DeFi landscape. How the market reacts will depend on whether investors rush to sell or choose to re-stake, making this a pivotal moment for buyers and sellers alike.
Get Ready: This could drive a new wave of renewed confidence and price rallies, or trigger selling pressure as long-locked ETH hits the market.
🤔 Join the Discussion
Will the stETH unlock bring more buying or selling pressure to ETH? What’s your move?
Which staking platforms stand to gain the most, and why? Share your thoughts!
📢 Don’t Miss Out!
Prepare your strategy and stay alert—Shanghai is set to become one of the most influential events for Ethereum this year.
#Ethereum #Shanghai #STETH #CryptoNews #Write2Earn $ETH
Ethereum’s long-awaited Shanghai upgrade is about to go live, and the crypto world is abuzz with speculation about what will happen when millions of previously locked ETH are finally unlocked!
🚀 Why Everyone’s Watching
Over 18 Million ETH Locked: Billions worth of ETH are currently staked and waiting to unlock, representing a massive potential shift in liquidity.
Validator Rush Expected: Increased validator activity suggests a significant number may exit positions as soon as they’re able, likely impacting price dynamics.
Staking Protocols Surge: Liquid staking platforms like Lido and Rocket Pool are seeing increased action as traders position themselves ahead of the upgrade.
ETH Price Moves: With markets watching every development, volatility is expected as soon as the unlock begins.
💡 What This Means for You
The Shanghai upgrade is more than a routine update—it’s a possible game-changer for ETH and the entire DeFi landscape. How the market reacts will depend on whether investors rush to sell or choose to re-stake, making this a pivotal moment for buyers and sellers alike.
Get Ready: This could drive a new wave of renewed confidence and price rallies, or trigger selling pressure as long-locked ETH hits the market.
🤔 Join the Discussion
Will the stETH unlock bring more buying or selling pressure to ETH? What’s your move?
Which staking platforms stand to gain the most, and why? Share your thoughts!
📢 Don’t Miss Out!
Prepare your strategy and stay alert—Shanghai is set to become one of the most influential events for Ethereum this year.
#Ethereum #Shanghai #STETH #CryptoNews #Write2Earn $ETH
Ethereum price Analysis | #ETH
#ETHUSDT surged above the 20-day EMA ($1,830) on May 23, but the bulls could not continue the up move on May 24. The bears pulled the price back below the 20-day EMA on May 24.
This suggests that the #ETHUSDT pair may continue to trade inside the falling wedge pattern for a few more days. A break below the wedge will indicate the start of a deeper correction.
The first support on the downside is to $1,352.
Conversely, if the price turns up and breaks above the wedge, it will signal the start of a new up move. The pair could first rise to $2,000 and thereafter to $2,200. #feedfeverchallenge #shanghai
#ETHUSDT surged above the 20-day EMA ($1,830) on May 23, but the bulls could not continue the up move on May 24. The bears pulled the price back below the 20-day EMA on May 24.
This suggests that the #ETHUSDT pair may continue to trade inside the falling wedge pattern for a few more days. A break below the wedge will indicate the start of a deeper correction.
The first support on the downside is to $1,352.
Conversely, if the price turns up and breaks above the wedge, it will signal the start of a new up move. The pair could first rise to $2,000 and thereafter to $2,200. #feedfeverchallenge #shanghai
📊 Top 5 Most Popular Cryptocurrencies of the Day (December 16)
🔡 $VIRTUAL – Market Value: $2.83B (+16.01%)
🟡 $SPX – Market Value: $763.59M (+21.72%)
🤟 $CHILLGUY – Market Value: $370.04M (+16.29%)
🙈 $MONKY – Market Value: $154.24M (+28.59%)
🐺 $SHANG – Market Value: $1.52M (+25.15%)
#VIRTUAL #SPX #chillguy #monky #shanghai
🔡 $VIRTUAL – Market Value: $2.83B (+16.01%)
🟡 $SPX – Market Value: $763.59M (+21.72%)
🤟 $CHILLGUY – Market Value: $370.04M (+16.29%)
🙈 $MONKY – Market Value: $154.24M (+28.59%)
🐺 $SHANG – Market Value: $1.52M (+25.15%)
#VIRTUAL #SPX #chillguy #monky #shanghai
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💥💥 #CZ 💥💥
#ChangpengZhao was born in 1977 in Jiangsu, China, in a context of adversity. His father, a university professor, was labeled as "pro-bourgeois intellectual" and exiled shortly after his birth, which led the family to emigrate to Vancouver, Canada, when CZ was 12 years old.
His interest in cryptocurrencies began in 2013, when, after meeting Bobby Lee during a poker game, he decided to sell his apartment in #Shanghai and invest all his money in #bitcoin a risky decision that baffled his family. This step marked the beginning of his career in the crypto world, working at Blockchain.info and as CTO of OKCoin before founding #Binance in 2017. With an initial investment of $15 million via ICO, Zhao transformed Binance into the largest cryptocurrency exchange by volume in less than eight months, demonstrating his vision and ability to scale businesses. 💪👽
$BNB $BUSD
#ChangpengZhao was born in 1977 in Jiangsu, China, in a context of adversity. His father, a university professor, was labeled as "pro-bourgeois intellectual" and exiled shortly after his birth, which led the family to emigrate to Vancouver, Canada, when CZ was 12 years old.
His interest in cryptocurrencies began in 2013, when, after meeting Bobby Lee during a poker game, he decided to sell his apartment in #Shanghai and invest all his money in #bitcoin a risky decision that baffled his family. This step marked the beginning of his career in the crypto world, working at Blockchain.info and as CTO of OKCoin before founding #Binance in 2017. With an initial investment of $15 million via ICO, Zhao transformed Binance into the largest cryptocurrency exchange by volume in less than eight months, demonstrating his vision and ability to scale businesses. 💪👽
$BNB $BUSD
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