The Los Angeles wildfire mainly burned upscale neighborhoods! A former boss lives in the mountains north of Pasadena, and it seems like the mansion has been completely burned down.
I remember when wildfires spread throughout Southern California in 2018, the final reason found was that almost all of the wildfires were caused by arson!
It's terrifying to think about!
The scariest part was when I changed home insurance last year; many insurance companies refused to provide coverage, and in the end, I bought an expensive insurance recommended by the state government!
The recent drop in Bitcoin can be attributed to the US employment situation, but looking at the liquidation map, every accelerated decline accurately targets the densely packed areas of chips below. Is it a coincidence?
I don't think so; it seems to be intentional actions by the futures market leaders. However, regardless, it does not change the expectation of a major bull market in 2025. Another thing, can everyone understand the intentions of large funds as the densely packed chip area approaches around 102,000?
They push the price up for a week, then quickly pull back, making those who shorted feel validated in their judgment, and then they charge up again to eliminate the short positions!
This article should have been completed yesterday. Due to being extremely busy lately, today I will summarize my 2024 and look forward to 2025. On June 23, 2024, I left an American startup with immense excitement and completely bid farewell to the traditional industry, wholeheartedly embracing the crypto industry. As for the reasons, everyone can understand that the traditional industry is too competitive, and the U.S. economy is also not doing well. Watching my favorite field—cryptocurrency—thriving every day, I was still spending 80% of my time and energy in the industry I have been deeply involved in for over a decade. However, the returns from the 20% of my time and energy focused on the crypto industry far exceeded that, so I made the decision to give up.
Brothers, my two YouTube channels are now hiring experts in copywriting and video editing, with the following requirements:
1. Passion for cryptocurrency and blockchain, 2. Excellent Chinese writing skills, top-notch writing is not required, preferably with ongoing video production or article writing experience, 3. Keen market insight and a unique perspective on the entire market, 4. Preference for those who can arrange their time freely, 5. Preference for those with ambition to become leaders in the industry, 6. No educational requirements, only skills matter.
Interested friends, please message me privately. Generous compensation and substantial airdrop rewards upon employment!
Squid Game and the Current State of the Crypto Industry
I finished watching the second season of Squid Game on Netflix in one go and felt unsatisfied, so I rewatched the first season from three years ago. I've also read many reviews, but many people seem not to have grasped the true intentions of the creative team. In this article, I will try to share my feelings from my experiences in the crypto space over the past few years combined with this TV series! I will also discuss the relationship between this TV series and the current state of the crypto industry! The background setup in the first season of Squid Game to the rebellion in the second season is actually a continuous thread. The creative team wants more people to understand the harsh life of those at the bottom through life-and-death tests and comparisons:
$Shark World-leading RWA and Defi project, aiming for a thousandfold start! A true blue-chip! Participation address: https://www.sharkdaolabs.com/
Token Economics
Early Investors: 25% (250 million $SHARK) - Used to attract strategic investors and partners. • Pre-sale: 25% (250 million $SHARK) - Public pre-sale to raise funds for project launch and marketing. • Airdrop: 5% (50 million $SHARK) - To incentivize community participation and promotion, tokens will be airdropped to early supporters and contributors. • Team Operations: 10% (100 million $SHARK) - Ensuring the continuous operation of the project team, supporting research and development, and market expansion. • Market Distribution: 35% (350 million $SHARK) - Ensuring sufficient liquidity to support trading and circulation of tokens in the secondary market.
I've been keeping an eye on this stock for a long time. This morning, after finishing the blockchain daily video and having breakfast, I took another nap and even dreamed about my ex-girlfriend! When I woke up, I found that Bitcoin had dropped to 97,000. I felt gloomy, but then I was immediately overjoyed because MicroStrategy had dropped from 543 to 323. I quickly fired off some funds from my stock account and happened to buy 100 shares!
Brothers, money comes like the wind; no matter how hard you work, you might not earn as much as I did from just waking up. Though it sounds harsh, the truth is correct!
Sometimes we spend 80% of our time and energy pursuing money, but we might earn more with just 20% of our time and energy (or even less). This is another manifestation of the 80/20 rule! $BTC
Brothers, it's time to buy the dip, after the third push is finished, it will reverse upwards immediately. I just bought the dip on MicroStrategy and Dogecoin!
The big coin has fallen so much, the altcoins have fallen even harder!
Brothers, I have put all the funds from my reduced position of 100,000 into $shark!
The reason is simple, the real altcoin season has not yet arrived, further observation is needed!
Currently, the only one confirmed to increase performance by 4 times is $Shark. Those who haven't participated can go to this website to research before taking action:
Xiao Bai question: Is there black U in this circle?
Answer: No! Don't be deceived by scammers in the Telegram group!
There is no black U; regardless of which chain's USDT contract, there is no method written to blacklist USDT, so there is no black U for USDT.
There are black addresses, which means the address has been frozen by an exchange or, like the Tornado event, frozen by the FBI in the United States. In that case, you cannot transfer to an exchange for trading, but decentralized wallet transfers are possible.
Technically speaking, all on-chain transactions are publicly broadcast. If a frozen wallet transfers to a non-frozen wallet, honestly, the exchange should simply freeze those with significant associations. If every wallet that has made a transfer gets frozen, then many underground money houses wouldn't need to operate; they'd all be frozen.
So the conclusion is that USDT has no black, but wallets can be blacklisted. Generally, receiving a transfer from a blacklisted wallet is not a problem.
The latest project with a thousand times potential: The era where everyone can be a VC has arrived, the next long-term project that can make you rich is here!
Dear friends, brothers, I am honored to introduce to you the $Shark project! If you have watched my video, you should have some feeling for this project. If you haven't watched the video, no worries, let's start from the beginning! Before we start, please help follow my X, retweet this tweet and @ 3 influencers you know, then leave your Solana address in the comments, and you will receive 500 $shark coins. We will take out tokens worth 50 million U for airdrop across the network. Background: In the 2024 bull market, we all experienced the collective crash of VC tokens. This crash is actually a collective resistance of the vast retail investors. Based on what, do we retail investors deserve to be harvested by you? What do you institutional VCs count for?
People who come to the cryptocurrency circle are just trying to get rich overnight, catch a big golden dog, and try hard to turn a bicycle into a motorcycle!
When the previous cycles were crazy, you could make money in any way. This cycle has changed too much, and the previous routines are no longer applicable.
The local dogs we talked about before are now uniformly called memes, and even some project parties have started to play local dogs.
But how many local dogs can turn into golden dogs? I have been observing these two days. Overall, it is still the same as the previous local dog play, but now there are more on-chain detection tools, which is actually more friendly to retail investors!
I used various tools to detect our squid coin, and the data is very good. Everything is ready, except for the east wind! Are you on the bus? Are you ready for a journey of ten thousand times?
The big golden dog is out! The squid coin meme has no legitimate versions; I only recognize the hype around the Solana chain, all other chains can step aside. I've attracted some trolls with this little traffic of mine, it's really funny, a bunch of people came here to curse me out! That scam coin squid that came out on your scam chain, whoever buys it is a fool!
I was just playing around at first, but with your terrible behavior, I’m taking this seriously now. If $squid2 doesn't reach 50M, I will run naked and live stream it across the internet!
Rumors about the collapse of U.S. Treasuries are constantly emerging in the market. I asked GPT about several triggering conditions for the collapse of U.S. Treasuries and would like to share them with everyone:
1. Uncontrolled U.S. Fiscal Deficit
If the U.S. government continues to borrow heavily and the fiscal deficit is severely out of control, investors may lose confidence in U.S. Treasuries. This would lead to a decrease in demand for U.S. Treasuries in the market, causing prices to fall and yields to rise. Doubts about the government's ability to repay its debts could increase the risk premium of U.S. Treasuries and ultimately lead to a debt crisis.
2. U.S. Economic Recession
If the U.S. economy severely contracts, government tax revenue will decrease and the ability to repay debts will weaken, affecting confidence in U.S. Treasury payments. Moreover, if the economy remains sluggish for a long time, the Federal Reserve or the government may find it difficult to stimulate the economy through traditional monetary or fiscal policies, thereby increasing pressure on U.S. Treasuries.
3. Uncontrolled Inflation
If inflation spirals out of control, the Federal Reserve may be forced to adopt more aggressive interest rate hike policies to curb inflation, leading to a plummet in U.S. Treasury prices. High inflation will increase the actual debt burden, while rising bond yields will decrease the market value of existing bonds, causing investors to rush to sell U.S. Treasuries.
4. Erosion of the Dollar's Status
U.S. Treasuries rely on the dollar's status as an international reserve currency. If the geopolitical status of the U.S. declines, or if other economies (such as China or the European Union) rise, resulting in damage to the dollar's status as the world's primary reserve currency, it would reduce demand for U.S. Treasuries, potentially leading to a depreciation of the dollar and a wave of U.S. Treasury sell-offs, thereby accelerating the collapse of U.S. Treasuries.
5. Collapse of Global Investor Confidence
If a major event triggers global doubts about U.S. credit, such as political turmoil, a financial crisis, or severe fiscal policy mistakes, global investors may lose confidence and sell U.S. Treasuries on a large scale. This would lead to increased volatility in the bond market and ultimately trigger collapse risks.
6. Missteps in Federal Reserve Policy
The Federal Reserve is a significant supporter of the U.S. Treasury market, especially during special periods like the pandemic when it purchases a large amount of U.S. Treasuries through quantitative easing. If the Federal Reserve makes significant errors in policy, such as tapering too early or aggressive rate hikes, it could lead to severe turmoil in the U.S. Treasury market and trigger a sell-off.
Is Trump Secure? Will Bitcoin Reach $100,000 by Year-End??
Today, let's talk about a hot topic: Will Bitcoin really break through $100,000 by the end of the year? Especially considering the possibility of Trump being re-elected, will this be the key to driving the price of Bitcoin up? We will delve into this and ultimately provide my analysis.
If you like today's content, please help by giving a thumbs up first! After you like it, continue watching, and may good fortune follow!
Now, let’s get to the main topic. Before we begin, I want to remind everyone: this world is not always as you see it. Alright, let's start:
If you have followed my other channel (Bitcoin Daily), you would have noticed that my views have been bearish for some time. I have also posted these views on X, and you can check them out. Many friends do not understand why, with such a good market, I have been bearish.