Wow, that's impressive! China, 🇨🇳 surprisingly made it back into the top three globally in Bitcoin hash power!
Isn't that a bit outrageous? You might remember that four years ago, mining was abruptly banned nationwide, hash power was halved, and mining machines fled overseas. But now?
They are back— and they have returned in a 'covert' 'shadow clone' 'disguise' manner.
On the surface, it's a 'cloud computing center' at a small hydropower station in Sichuan, but behind the scenes, hundreds of thousands of mining machines are buzzing away;
The industrial park in the northwest has signs saying 'waste heat recovery' and 'green energy', but when you walk in you'll find— that's not a factory, that's the heart of a large mining site!
To what extent is it outrageous? There are people on Douyin teaching you how to hide mining machines in your wardrobe. Stuff in some soundproofing material, close the door, and outside you won't even hear the wind.
Why are people risking getting caught and still insisting on mining? Two words— Electricity! Cost! Difference!
Inner Mongolia: 0.3 yuan per kilowatt-hour Texas, USA: 0.9 yuan per kilowatt-hour May I ask: Are miners foolish? Of course not!
You just need to calculate the difference in electricity prices to understand: If a mining machine is confiscated and you need to pay 200,000? Nonsense! You can break even in three months. Who can resist this temptation?
But the terrifying part is— this isn't just a simple game of 'stealing electricity to make money'. This is something that could shake the very foundation of the entire crypto world.
Why can Bitcoin be secure? Because hash power is decentralized. But now with Chinese miners returning, hash power is once again concentrated in the Eastern Hemisphere, if one day the policies repeat that year's 'king bomb'— the security of Bitcoin globally might face earthquake-level shocks.
Do you think this is a cat-and-mouse game between miners and regulators? Wrong. This is the ultimate game between interests and rules, between good and evil.
When the abandoned factory at night lights up with eerie red light, when a continuous rumble comes from deep within the hydropower station, when an inconspicuous wardrobe suddenly heats up—
the next mining machine quietly mining Bitcoin might... be running on your neighbor's balcony.
Not only cryptocurrencies, Black Friday directly caused a collapse in the global financial market—of course, including the A-shares. The trigger is just one:
Nvidia is being questioned for playing an 'AI Ponzi'.
The core logic of the global crash:
With a market value of 31 trillion RMB, Nvidia is suspected of playing a 'pass-the-parcel AI Ponzi game'.
Three core questions:
① Inflated Revenue: Mutual credit lines inflate revenue
Questioners believe: • Nvidia, Microsoft, OpenAI, and Oracle sign huge contracts with each other, but there is no real payment • The same money circulates among the giants, each recording it as 'revenue' • Nvidia's revenue is 57 billion, but accounts receivable is 33.4 billion, accounting for 58% • OpenAI loses 5.6 billion annually, with no cash payments, part of which is still borrowed from Nvidia
In short: It looks lively, but there’s no cash.
② Inventory Accumulation: Claims of explosive demand, yet unable to sell
Nvidia claims demand is booming, But there lies 19.8 billion dollars in chip inventory in the warehouse, increasing by 32% in three months.
Self-contradictory.
③ Poor Profit Quality: High profits, but low cash in hand
Profit is 19.3 billion, but cash flow is only 14.5 billion. Cash conversion rate is 75%, lower than peers at 95%.
Indication—— Profits are inflated, and bad debt risk is accumulating.
If true, the consequences are extremely frightening • Fair valuation is only 1/3 of the current • If stock prices are halved, there will be a systemic decline in global AI and tech sectors • 20 trillion dollars in assets will tremble synchronously
🔥 Key point: Why did cryptocurrencies also crash?
Because—— A large number of global AI startups use Bitcoin as collateral for financing (26.8 billion dollars), and their business highly depends on Nvidia.
If Nvidia drops another 40%: • Many AI startups will go bankrupt • Banks will be forced to sell collateral BTC • Bitcoin dropping to 50,000 dollars is not an alarmist statement
In summary
Nvidia faces 'AI Ponzi' questions → Global tech asset panic → Cryptocurrency market sees significant short-term corrections.
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The market is improving, right after $UAI started to surge again last night. It is speculated that there will soon be a wave of market activity. After some research, the institutional cost is only $0.1~$0.2, and it feels light, indicating that there are strong players involved and large funds are entering the market. Those who missed $PIPPIN and $BOB should pay attention now.
Just today, a significant signal has come from the UK: the new digital asset bill officially incorporates cryptocurrency into the "personal property" protection system.
This is not just a modification of legal texts, but also an acknowledgment of the value of the crypto market.
When established financial powers begin to defend the property rights of digital assets through law, it means that the greatest legal obstacles for institutional entry have been removed; the mainstreaming, represented by $BTC , is an irreversible trend.
With the national team's "trump card" in this major trend, we can see the holdings of governments worldwide more clearly.
Currently, the total publicly held Bitcoin by governments globally is nearing 600,000 coins. The United States (about 326,000 coins) and China (about 190,000 coins), although not publicly promoting it, firmly occupy the top two positions; this "silent accumulation" itself is a powerful strategic endorsement.
Countries like El Salvador and Bhutan, on the other hand, are trying to establish new national wealth reservoirs outside the fiat currency system through mining and purchasing.
Future opportunities lie in the "divergence" as countries view Bitcoin as a strategic reserve, further depleting its circulation.
For ordinary investors, every market correction now is actually an opportunity to "pick up passengers on the way back."
The national team holds, the law improves, and the long-term logic is as solid as a rock. Therefore, in the face of short-term price declines, there is no need to panic; instead, this is the best window period for retail investors to execute dollar-cost averaging (DCA) and accumulate positions.
After all, standing in the same trench as the national team is likely the investment strategy with the highest win rate over the next decade!
Since November, 60,000 people have left Binance ALPHA Most of them are batch numbers from studios, as they were banned by technical means I personally believe that everyone should not give up There will definitely be major projects every week Brothers, keep it up Binance ALPHA
December 3rd Cryptocurrency Market Analysis + Cryptocurrency Information Gap
❌Rejecting Hindsight❌ ✅Take profit at highs, waiting for second confirmation✅
1⃣ Market #BTC #ETH Current key support level:
--BTC: Waiting for second confirmation to complete, take profit at 93000-95000, starting to take profits from the base position, waiting for second confirmation, pullback to around 91000, those with courage can continue to hold for additional buying opportunities. Additional buying point to be determined
--ETH: Waiting for second confirmation to complete, take profit at 3100-3150, starting to take profits from the base position, waiting for second confirmation pullback to around 3000 points, those with courage can continue to hold for additional buying opportunities. Additional buying point to be determined
2⃣ $BTC $ETH Preparing for the second round of buying long, lock in profits from the bottom-fishing portion first, waiting for the second round of buying, gradually and slowly building positions, there will be a 1-3 adjustment period, and it will stretch once more afterwards, be prepared to follow Brother Qiang's rhythm for stable profits.
If this helps you, please give Brother Qiang a thumbs up 👍 + follow All opinions only represent personal views Not as any investment advice
Another country in the world starts buying the dip in crypto? Kazakhstan 🇰🇿 is taking bigger actions than you think.
Ignoring the short-term fluctuations in coin prices, you will find a trend quietly taking shape: national teams are entering the crypto market, and Kazakhstan 🇰🇿 is truly investing big this time.
First, let's get to the core points:
1. Kazakhstan 🇰🇿 is dropping up to 300 million USD, but not directly buying BTC/ETH • The funds come from the central bank's foreign exchange reserves; • Priority investments include: • Cryptocurrency ETFs • Stocks of blockchain infrastructure companies • The final amount range is between 50 million – 250 million USD, potentially going up to 300 million; • As the market declines, they are even waiting for "more comfortable prices" to enter.
The potential core indicates: It is not about betting on a single coin, but about betting on the long-term value of the entire blockchain industry.
2. Additional information: This is not Kazakhstan's first foray into crypto; it is a "national-level deep involvement."
To make this tweet more substantial, I have complemented it with Kazakhstan's recent actions in the crypto field over the past few years:
1️⃣ One of the top five Bitcoin mining countries in the world • After China stopped large-scale mining, Kazakhstan's hash rate once rose to second in the world. • To control mining, the country has specially established a "digital mining license" to bring mining from the gray area into regulation.
2️⃣ The government has launched a national-level "digital asset license" system • Only licensed enterprises can open exchanges, provide custody, and conduct compliant mining. • From 2022 to 2024, several exchanges have obtained legal licenses locally, including Binance approved as a "digital asset trading platform" operator.
3️⃣ The central bank is promoting CBDC (digital tenge) • The digital tenge has entered the implementation stage and plans to link with Visa/Mastercard payment networks. • On the surface, it is a central bank digital currency, but essentially it is paving the way for larger-scale on-chain finance in the future.
4️⃣ Pilot programs connecting banks to crypto trading • Kazakhstan was one of the earliest countries globally to allow banks to pilot connect with crypto exchanges. • Users can buy and sell crypto assets directly through bank accounts, with policies more aggressive than many developed countries.
A brief review of the prediction for BTC on November 1, the directional judgment was correct, but the decline exceeded expectations.
It was originally expected to stabilize around 87,000, but the actual market fell all the way to 80,000 before starting to stop the decline.
Combining the current daily structure for December, the trend is likely still in a five-wave decline on the daily chart. If the downtrend continues at the beginning of the month, then the main theme for December can roughly be divided into three phases:
1 Continuation of the decline 2 Rebound after the decline 3 Formation of a stabilization range
The real directional choice is expected to be completed with another trend change in January 2026.
The overall idea remains unchanged: December is a month of digestion and bottoming, with January being the key window.
December 2 Market Analysis ❌Rejecting After-the-fact Commentary❌
✅Continuous Position Building✅
1⃣ Current Key Support Level for #BTC: --BTC: Execute according to pending orders, first entry price: start placing bottom orders at 85000 for three rounds of replenishment. Second replenishment: below 82500, third replenishment if it breaks the previous low before adding another position. Waiting for signals. The first position has been opened, waiting for the opportunity for the second replenishment. A rebound may start at any time here, with a big bullish candle extending past 93000. If you have a bottom position, there's no rush; buy on dips and look for opportunities when it rises. If it starts to drop, don’t be afraid; build positions as needed, and an upward trend can start at any time. No stop-loss for now. --ETH: First entry price for pending orders: 2800 for bottom orders. Second replenishment below 2700: third replenishment if it breaks the previous low before adding another position. The first position has been opened, waiting for the opportunity for the second replenishment. A rebound may start at any time here, with a big bullish candle extending past 3150. Referencing BTC, if you have a bottom position, there's no rush; buy on dips and look for opportunities when it rises. No stop-loss for now.
2⃣ #BTC#ETH Continuous Position Building, it can’t just drop for so long and rise in just a day or two. If the market starts to reverse (BTC again past 93000, ETH past 3097, SOL past 140), try to hold positions until mid-December, so you can catch a wave. Bottom-fishing requires multiple batch-wise gradual position building; selling should be decisive.
If this helps you, please give a thumbs up 👍 and follow Qiang Ge All views only represent personal opinions Not intended as any investment advice
From QR Code Coffee Buying to Street U Exchanges: Argentina🇦🇷 Has Formed a Complete Stablecoin Industry Chain
1. Why has Argentina become the capital of stablecoins?
Because they have no choice. When the local currency depreciates by 30% in one day and monthly inflation exceeds 200%, ordinary people simply cannot keep their money in the currency.
Thus, Argentina has become the most unique crypto ecosystem in the world: • 61.8% of Argentinians use stablecoins in their daily lives • Over 6000 street 'exchange U shops' (USDT/local currency offline exchange points) • Even convenience stores and cafes support stablecoin QR code payments
This is not a crypto narrative— This is a survival method forced by inflation.
2. When the local currency is not worth holding, stablecoins become the 'people's central bank'
$ARTX Trend Review | The dominance of structural markets is being redefined
Recent continuous tracking of $ARTX shows: Those who remain truly awake in the market are not the bulls betting on an upward trend, but the bears who repeatedly attempt to short but are often corrected by market expectations.
The characteristics of structural markets are very clear—corrections are never about 'waiting when you want to,' but rather 'whether the market is willing to give.' Over the past few days, investors waiting for better entry points have repeatedly missed opportunities, while the pain points for bears are not just limited to losses themselves. During the day, there has been steady accumulation, and the night market has accelerated the upward momentum. The transaction structure of ARTX continues to optimize, liquidity is tending toward health, and scarcity is actually increasing. This has caused a typical two-way squeeze in market sentiment: Want to short but dare not, want to get in but hesitate. Ultimately trapped in the psychological game of 'waiting for a correction and missing the opportunity' and 'fearing to chase high prices.'
However, from a logical perspective, there are no signs of weakening at the core support point of ARTX: • The VMSAP mechanism continues to limit the circulation supply, with controllable supply-side pressure; • Ecological reflux strengthens the internal funding closed loop, with stable selling pressure structure; • The RWA narrative remains in a high heat zone, with obvious sector funding preferences; • The behavior of funds and volume structure continue to reinforce the trend direction.
While bears are still trying to find 'top signals,' the market has already given the only answer through continuously rising price ranges— the trend has not yet ended.
Many people believe that $ARTX has seen considerable gains, but from the perspective of structural trading, this is more like the early stage of a trend rather than the end. Because in a structural market, the so-called 'high position' is often just a temporary starting point for future trends.
The dominance of structural trading has been established, and the evolution of the upward trend has just begun.
December 1 Market Analysis + Crypto Information Arbitrage Refusal to Be a Backseat Driver❌
✅Start Positioning✅
1⃣ Market #BTC Current Key Support Level: --BTC: Execute by pending orders, first opening price: start placing bottom positions at 85000 for three supplement purchases. Second supplement: 82500, third supplement if it breaks the previous low point to add one more position, waiting for signals. If it starts to drop, don’t be afraid, position yourself as needed, ready for any upward reversal. No stop-loss for now. --ETH: First opening price of pending order: 2800 placing bottom positions. Second supplement below 2700: third supplement if it breaks the previous low point to add one more position. No stop-loss for now.
2⃣ #BTC#ETH A drop is an opportunity, don’t be afraid to get on board, don’t chase after the rise that has been called for a week, now is the time to seize the opportunity, don’t “miss the chance when given to you!!!”
If this helps you, please give a thumbs up 👍 + follow Qiang Ge. All views represent personal opinions and do not constitute any investment advice.
This week's important global data and event preview (must read)
The dynamics of the US stock market will directly affect the cryptocurrency market
This week is particularly crucial; the moment of life and death has arrived
This week is a key week for policies, earnings reports, employment, and inflation resonating together, with core risks concentrated on Thursday.
The following is the complete timeline:
Monday
21:30 US November New York Fed Manufacturing Index
Tuesday
21:30 US October Import Price Index MoM 22:15 US October Industrial Production MoM 23:00 US November NAHB Housing Market Index
Wednesday
23:30 US EIA Crude Oil Inventory for the week ending November 14
Thursday (the most important day this week) 03:00 Federal Reserve releases FOMC meeting minutes Focus points: • How officials view the October 'peak' judgment • Attitude towards the probability of a rate cut in December • Whether to release more easing tendencies
05:00 NVIDIA announces Q3 earnings report Key notes: • AI leading enterprise, greatly impacting technology and risk assets • Discussion of 'AI bubble' arises in the market, this earnings report will be highly scrutinized • The results will affect market sentiment and valuation direction over the coming months
21:30 US Employment Data Re-release: • September Unemployment Rate • September Seasonally Adjusted Non-Farm Payrolls (big non-farm) • Initial claims for unemployment insurance for the week ending November 15
Simultaneously published: US November Philadelphia Fed Manufacturing Index
Friday
22:45 US November S&P Global Manufacturing PMI Preliminary US November S&P Global Services PMI Preliminary
23:00 US November University of Michigan Consumer Sentiment Final US November One-Year Inflation Expectations Final
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Weekly core logic summary
The most critical time point this week is concentrated on Thursday. The main direction of the market will be jointly determined by the following three items: 1. Whether the Federal Reserve FOMC meeting minutes continue to lean dovish 2. Whether NVIDIA's Q3 earnings report continues to support AI sector valuations 3. Whether the re-released non-farm payrolls and unemployment rate weaken further
As long as any one of these items exceeds expectations, it may trigger significant volatility.
Give a thumbs up and follow Strong Brother for important information released first.
I have to encourage all the cryptocurrency practitioners here; the dawn is just around the corner!
No matter how bad the market is, I won't leave. Because where others are afraid, that's where we make money.
Brothers, let me speak from the heart— Why do people in the crypto world look down on stock trading? Because they are simply not from the same world.
1. The speed of making money is not on the same level; it's not about luck, it's about the natural advantages of the track.
Doubling your money in a year through stock trading? In the stock market, that's called a "stock god"; in the crypto world, that's called "still waking up from a hangover."
When the market surges, you won't even bother to take screenshots after doubling in three days. It's not bragging; when the crypto market rises, just closing your eyes might make you question your life.
Stock trading is like taking the bus, slow and steady. The crypto world is like a race car; one push on the gas and you're off— If you don't dare to step on it, that's not my problem.
2. Pressure resistance is two different species.
The stock market drops 10%: "It's over! Run! Cut losses! The market is crashing!"
The crypto market drops 50%? "Just normal fluctuations, brother; let’s see after a nap."
Stock traders fear volatility, Crypto traders make a living off volatility.
While others are crying over losses, I'm already calculating how much more to invest. Do you think these two worlds can talk to each other?
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3. The cognitive gap is like heaven and earth.
Stock market players focus on policies, news, and dividends, like test-takers. Crypto players focus on trends, narratives, and liquidity, like visionaries.
One survives on information gaps, the other on comprehension. The rhythm is completely off, and the temperament is different.
Stock traders think about "steady small profits"; Crypto traders think about "when will my next big breakout come?"
You pursue stability, I pursue breakthrough. Different goals naturally lead to different strategies.
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4. But without further ado: it’s not about who is superior, it’s about who dares to bear which fate.
The stock market is stable, it's for retirement. The crypto world is fierce, it's for battle.
You want stability, I respect that; I want to charge forward, don’t be upset.
The crypto world is neither heaven nor hell; it’s just an amplifier: Want to make money? You must withstand it. Want to turn things around? You must endure it. Want to cross levels? You must tolerate it.
No matter how bad the market is, I won't leave, not because I'm gambling, but because I know: Most people leave when the market drops, When I stay, the opportunities are just beginning to sprout.
The People's Bank of China 🇨🇳 held a meeting to coordinate efforts to combat virtual currency trading speculation.
Many people panic just by looking at the title, but we need to correctly interpret the logic behind it.
But there is a strange phenomenon: "Every time the country cracks down on virtual currency, the more it cracks down, the more it rises." 😂
This meeting is indeed different; the specifications are very high: thirteen ministries have gathered for a meeting, led by the central bank, with the public security, judicial, and internet information offices all present.
The core points are three:
1️⃣The status of virtual currency remains unchanged: it is an asset, not currency
The official reiterates that Bitcoin and Ethereum do not have legal tender status in the country and cannot be used for spending or payment circulation.