奔跑财经-FinaceRun

El Salvador Fearlessly Challenges IMF Agreement, Accelerates Its Bitcoin Acquisition Process

Recently, despite the International Monetary Fund (IMF) stating that El Salvador is complying with its $1.4 billion low-interest loan agreement and halting the accumulation of Bitcoin in the public sector, on-chain data shows that this Central American country has quietly increased its Bitcoin reserves.

Rodrigo Valdes, the Director of the IMF’s Western Hemisphere Department, stated at a press conference on April 26 that El Salvador is adhering to the mutually agreed policy of not accumulating Bitcoin (BTC), while emphasizing the positive progress the country has made in governance and transparency.

Although the fiscal reforms mentioned by the IMF could bring over $3.5 billion in fiscal assistance to El Salvador, this has not deterred the country from continuing its engagement in the cryptocurrency space.

Just a month ago, the national Bitcoin office of El Salvador revealed that the government had increased its holdings by an additional 31 Bitcoins and recently purchased 8 more, bringing its total holdings to 6,159 Bitcoins, with a market value exceeding $580 million. All this indicates that El Salvador has not paused its Bitcoin activities.

Interestingly, Stacy Herbert, head of the national Bitcoin office, emphasized that El Salvador is leveraging this technology to stay ahead and continue expanding its strategic Bitcoin reserves. She mentioned that this first-mover advantage is crucial for the country's future in the cryptocurrency space.

Moreover, this enthusiasm for emerging technologies is attracting the attention of the international community; for example, the stablecoin issuer Tether recently relocated its headquarters to El Salvador, praising the country's favorable regulatory environment.

In addition, El Salvador has also reached a cooperation intention with Nvidia to develop its own artificial intelligence infrastructure. This further solidifies El Salvador's position as a burgeoning innovation hub in Latin America.

In summary, despite facing pressure from the International Monetary Fund, El Salvador is actively exploring and promoting its cryptocurrency policies and technological innovations, making us optimistic about the future of this small nation.

Do you think El Salvador's strategy of "officially complying with the agreement while quietly making strategic moves" is a smart play or a risky maneuver?

What impacts might this ongoing acquisition strategy have on the global economic landscape and the cryptocurrency market?

#萨尔瓦多 #比特币 #IMF #加密货币

The U.S. Bitcoin ETF recorded over $3 billion in net inflows last week, while the Ethereum ETF saw a net inflow of $157 million in its first week.

On April 28, according to SoSoValue data, the Bitcoin spot ETF had a weekly net inflow of $3.06 billion from April 21 to April 25, marking two consecutive weeks of net inflows.

Among them, the BlackRock Bitcoin ETF IBIT had the largest weekly net inflow of $1.45 billion, bringing its historical total net inflow to $41.2 billion.

Following that is the Ark & 21Shares Bitcoin ETF ARKB, with a weekly net inflow of $621 million, and its historical total net inflow now stands at $3.11 billion. The Fidelity Bitcoin ETF FBTC had a weekly net inflow of $574 million, with a cumulative net inflow of $11.86 billion.

As of now, the total net asset value of Bitcoin spot ETFs is $109.27 billion, accounting for 5.80% of the total Bitcoin market capitalization, with a cumulative total net inflow of $38.43 billion.

In the same week, the Ethereum spot ETF saw a net inflow of $15.7 million, marking its first week of net inflows after eight consecutive weeks of outflows.

Among them, the Fidelity ETF FETH had the highest weekly net inflow of $68.59 million, with its historical total net inflow reaching $1.43 billion.

Following that is the BlackRock ETF ETHA, with a weekly net inflow of $64.18 million, and its historical total net inflow is now $4.11 billion.

Meanwhile, the Grayscale Ethereum Trust ETF ETHE saw the largest net outflow last week, with a weekly net outflow of $32.02 million, and its historical total net outflow now stands at $4.28 billion.

As of now, the total net asset value of Ethereum spot ETFs is $6.14 billion, accounting for 2.83% of the total Ethereum market capitalization, with a cumulative total net inflow of $2.4 billion.

In summary, these data may indicate a broader market recovery and a rebound in investor confidence, especially in the performance of Bitcoin and Ethereum, showing optimism towards the long-term prospects of these two major digital assets.

Do you think this trend of inflows will continue in the coming weeks, or will there be fluctuations? Leave your thoughts and predictions in the comments!

FBI Report: Cryptocurrency Fraud Losses Surge 66% in 2024, Reaching $9.3 Billion

According to the latest annual report from the Internet Crime Complaint Center (IC3) of the Federal Bureau of Investigation (FBI), cryptocurrency fraud losses skyrocketed by 66% in 2024, totaling $9.3 billion, with a significant portion of complaints coming from the elderly, raising concerns among investigative agencies about the potential risks.

In the past year, IC3 recorded over 140,000 complaints related to cryptocurrency, with total losses reaching $9.3 billion. Notably, individuals over 60 years old submitted approximately 33,000 complaints, resulting in losses of $2.8 billion, making them the most affected group. Their number of complaints and economic losses saw the largest increases, which is quite concerning.

The report indicated that compared to the total losses of $5.6 billion in 2023, losses this year increased by 66%. Investment scams were the primary cause, but other fraudulent methods, such as sexual extortion and cryptocurrency ATM fraud, were also present. Meanwhile, ransomware attacks are on the rise, posing an increasing threat to critical infrastructure. The elderly are particularly vulnerable to these digital scams.

What was once primarily a “pig butchering” scam targeting the elderly is now also starting to affect younger individuals, especially those aged 30 to 49. A recent study showed that over 200,000 scams occurred on cryptocurrency platforms in 2024, resulting in losses of $5.5 billion, with young people becoming the main victims.

To address this growing problem, the FBI and the United States Secret Service have launched a joint operation called “Operation Upgrade,” specifically targeting cryptocurrency investment fraud. In “pig butchering” scams, fraudsters establish online relationships and persuade victims to invest in fake cryptocurrency platforms.

This operation informed 4,323 victims, of whom 76% were unaware that they had been scammed, with total estimated financial losses reaching $285.6 million. Even more concerning, 42 victims were referred to FBI experts for assistance with potential suicidal tendencies.

These data remind us of the importance of staying vigilant in the face of the temptations of cryptocurrency. It is hoped that everyone can share this information to help those around them avoid scams and protect their own financial and mental health.

#加密货币诈骗 #老年人 #网络犯罪

Swiss central bank president refuses to include Bitcoin as a reserve asset, sparking a wave of national referendums!

On April 25, Martin Schlegel, the president of the Swiss National Bank (SNB), stated in an interview that the Swiss central bank does not intend to include Bitcoin in its reserve assets, citing significant concerns about its stability and liquidity.

Schlegel mentioned that the volatility of the cryptocurrency market is too great to meet the standards required for national reserves. Therefore, the Swiss central bank's attitude towards Bitcoin can be described as very cautious when considering reserve assets.

Faced with this situation, local cryptocurrency advocates in Switzerland did not back down; instead, they decided to initiate a national referendum to amend the constitution, demanding that the Swiss National Bank include Bitcoin and gold in its reserves.

One of the initiators of this idea, Luzius Meisser, believes that this could not only help Switzerland cope with the weakness of the dollar and euro but also reduce the political influence brought about by foreign exchange reserves.

When discussing Bitcoin, he stated that as the world trends towards multipolarity, the significance of holding Bitcoin has become more pronounced, especially since Bitcoin's supply is less susceptible to manipulation by politicians compared to the dollar and euro.

However, implementing this referendum proposal is not that simple. The proposal was put forward by the Swiss Federal Chancellery at the end of December 2024, and advocates need to collect 100,000 signatures to push for a real referendum.

This process will undoubtedly attract attention, especially against the backdrop of the changing global attitude towards cryptocurrencies, making Switzerland's move symbolically significant.

Meanwhile, many countries around the world are closely watching Switzerland's actions; for example, South Korean presidential candidate Hong Joon-pyo is also promoting plans to facilitate blockchain development and ease regulations on cryptocurrencies.

In summary, these actions are reminiscent of U.S. policies during the Trump era, reflecting a growing global interest in cryptocurrencies.

What do you think about Switzerland's national referendum initiative? Do you believe Switzerland should include Bitcoin as a reserve asset? Are you optimistic that other countries will gradually promote looser policies on cryptocurrencies? Looking forward to your insights!

#瑞士央行 #比特币 #全民公投 #加密货币

Bitcoin is expected to reach $100,000 in 1-2 weeks? Blockchain analysis company says

Recently, Bitcoin has performed very well, with prices going up all the way, and the entire market is full of positive atmosphere. Blockchain analysis company Santiment also disclosed some key data on X, providing us with some valuable references.

Bitcoin's price performance this week is quite good, and investor sentiment is also changing positively. This outbreak of optimism stems from Bitcoin breaking through the $95,000 mark for the first time since February 2025. This is an important psychological barrier, and the market was instantly ignited!

Monitoring shows that greed on social media is currently rising sharply, even reaching the peak level since Donald Trump was elected President of the United States. Bitcoin comments also show a clear optimistic tendency, with more than twice the number of bullish comments than bearish comments. This shows that the market is now full of optimism and greed.

However, this optimism does not necessarily mean that Bitcoin prices will continue to soar. Santiment predicts that the Bitcoin market may be slightly calmer this weekend, and even the price trend may be a little sluggish. This is because retail investors may take profits near the current price.

But if retail investors continue to sell, those big "whales" may take the opportunity to buy. This large-scale buying activity may even push the price of Bitcoin to more than $100,000 in 1-2 weeks.

In addition, Santiment also pointed out that whether Bitcoin reaches a local top near the current price may depend on investor sentiment (the degree of fear and greed) or the degree of decoupling of Bitcoin from the US stock market.

In other words, if Bitcoin can escape the volatility of traditional markets or investor sentiment continues to be high, then the price of Bitcoin may have more room to rise. Therefore, paying attention to sentiment-related indicators may help us better predict the next move of the price of Bitcoin.

As of press time, the price of Bitcoin is around $94,000, with a slight decline in the past 24 hours.

What do you think will happen to the price of Bitcoin next? Will it rush all the way to $100,000, or will there be a short-term healthy correction?

#比特币 #加密货币 #投资 #市场动态

Trump family's World Free Finance (WLFI) reaches strategic blockchain cooperation with Pakistan

World Free Finance (WLFI), a DeFi project supported by the Trump family, recently reached an important cooperation with the Pakistan Cryptocurrency Commission. The strategic agreement signed by the two parties will promote the development of blockchain technology in this country with a young population.

According to the letter of intent for cooperation signed on April 26, this cooperation will focus on key areas such as regulatory sandbox construction, tokenization of physical assets and cross-border payments of stablecoins, providing a more complete financial infrastructure for Pakistan's 25 million cryptocurrency users and an annual transaction volume of US$300 billion.

There is a complex business network behind this cooperation. Bilal Bin Saqib, CEO of the Pakistan Cryptocurrency Commission, has also served as an advisor to WLFI, and previously Binance founder Zhao Changpeng (CZ) was also hired as a strategic advisor to the commission.

More notably, according to the Wall Street Journal, the Trump family is negotiating the acquisition of Binance.US shares through its business partner Steve Witkoff, showing its expansion ambitions in the crypto landscape.

Although CZ denied the relevant reports, WLFI's recent successful completion of a $550 million token sale and the launch of the stablecoin USD1 do indicate that the Trump camp's layout in the crypto field is accelerating.

For Pakistan, this cooperation means an important development opportunity. The country's Finance Minister Muhammad Aurangzeb said that through such cooperation, a new door has been opened for the country's investment, innovation and global leadership in the blockchain economy.

By introducing advanced DeFi protocols and asset tokenization technologies, Pakistan is expected to occupy a more important position in the global digital economy.

World Free Finance has gained access to emerging markets, and the cooperation between the two sides may reshape the financial technology landscape in South Asia.

In the future, how this cooperation will be implemented and what impact it will have on Pakistan and the global digital economy is worthy of our continued attention.

Finally, do you think the Trump family and Pakistan's emerging market blockchain marriage is promising? Is the path for developing countries to achieve financial inclusion through DeFi worth looking forward to?

#特朗普 #DeFi发展 #巴基斯坦 #加密货币布局

Key trend analysis: Bitcoin rebounds strongly above $93,000, aiming for the $100,000 mark?

Bitcoin has continued to rise recently, and the price has remained strong after breaking through $93,000. It once hit a high of $95,800 during Friday's session and is currently around $94,200.

Market analyst Daan pointed out that this round of BTC's rise is not accidental. Technical indicators show that Bitcoin is rebounding strongly and continuing to rise from the key 0.382 Fibonacci retracement level. The overall trend is currently stable, laying the foundation for hitting the psychological mark of $100,000.  

It is worth noting that the current trend of Bitcoin shows structural strength. The $89,000 area where the 200-day simple moving average (SMA) is located constitutes an important support. As long as the price remains above this level, the upward trend remains stable.

In addition, the continued inflow of institutional funds has provided momentum to the market, and the continued rise in open interest in Bitcoin on exchanges shows that professional investors remain optimistic about the market outlook. However, macro uncertainties such as Sino-US trade frictions may still bring short-term volatility risks. Looking ahead, the key test for Bitcoin is whether it can break through the $96,000 resistance level. If it successfully holds this position, the $100,000 mark is within reach; otherwise, the market may fall back to the $89,000-91,000 range for consolidation.

At the same time, the options market shows that some investors have begun to bet on six-digit prices, but analysts remind that they still need to be wary of profit-taking pressure before confirming the breakthrough. The trend in the next few weeks will be the key to determining whether Bitcoin can start a new round of bull market.

In summary, Bitcoin is currently in a key breakthrough window period, and the dual support of technical and capital aspects has increased its expectations of hitting $100,000.

However, macro risks still exist, and the market needs to remain rational in optimism. Investors need to pay attention to the confirmation signals of key resistance levels and do not blindly chase highs.

#比特币行情 #10万美元关口 #加密货币 #技术分析

The Bitcoin BIP proposal suggests redefining the smallest unit 'Satoshi' as 'Bitcoin', that is, 1 Satoshi = 1 Bitcoin.

The Bitcoin community is discussing a proposal aimed at eliminating decimals and redefining the measurement unit of Bitcoin, replacing the current smallest unit 'Satoshi' (referred to as sat) with 'Bitcoin'.

This proposal was put forward by Bitcoin advocate John Carvalho, who argues in his BIP proposal from December 2024 to split 1 Bitcoin into 100 million 'Satoshis', directly defining the smallest unit 'Satoshi' as 'Bitcoin', meaning 1 Satoshi = 1 Bitcoin. This implies that the current 0.00010000 BTC would become 10,000 Bitcoins.

Recently, this proposal has gained renewed attention from the community. Carvalho pointed out that this proposal would align the Bitcoin unit with its underlying protocol, simplify system understanding, and lower the cognitive threshold, thereby improving education and user experience.

However, the proposal has also sparked divisions within the community. Some supporters believe this change addresses the 'unit bias' that makes Bitcoin seem overly expensive.

Yet, some community members have expressed concerns that if the total supply expands from 21 million to 21 trillion, then the cap of 21 million Bitcoins may lose significance, undermining the core foundation of Bitcoin's scarcity narrative.

At the same time, the real benefit of the BIP is that it encourages us to focus more on explaining the smallest unit 'Satoshi' (sat), as it is the fundamental measurement unit in the Bitcoin protocol, code, and blockchain.

Despite the many disagreements on this topic, Carvalho's proposal is gaining more support. He even posted on the X platform that, although still a minority supporting this proposal, more and more people are beginning to accept the idea of referring to Bitcoin's smallest unit as 'Bitcoin'.

In summary, whether this proposal will ultimately be accepted by the community remains to be seen. However, the ongoing debate highlights that even the smallest unit adjustment can make Bitcoin more accessible to the general public.

What do you think about this proposal that may change the way Bitcoin is measured? Do you believe replacing 'Satoshi' with 'Bitcoin' as the measurement unit could lower the public's understanding threshold for Bitcoin?

#计量单位 #加密货币 #比特币

Adam Kinzinger criticizes Trump's cryptocurrency investment project, claiming it poses significant corruption risks

Recently, former Republican representative Adam Kinzinger expressed concerns about President Trump's stance on cryptocurrency investments, believing it could open up unprecedented avenues of corruption in American politics.

Although Trump's pro-cryptocurrency position has reignited enthusiasm in the digital asset market and sparked optimistic expectations among investors about cryptocurrency's eventual mainstream acceptance, Kinzinger believes this optimism carries safety risks.

In an interview with Saxo Bank, Kinzinger pointed out that the untraceability of cryptocurrencies can be abused. While digital currencies like Bitcoin have been partially legalized, their application scenarios are limited, and they are more often viewed as commodities.

He also cited the 'Trump' meme coin as an example, pointing out that it harbors significant risks and stating that the issuance of such tokens is essentially speculative behavior. He is particularly concerned about the extensive involvement of Trump family members in meme coin investments, which could undermine public trust in democratic institutions.

Kinzinger has also noted the complex relationship between Trump and Chinese cryptocurrency investors, suggesting that this could lead to conflicts of interest. Recently, a Chinese investor (Sun Yuchen) invested an eight-figure sum in the Trump family's cryptocurrency project, after which the SEC dropped its charges related to cryptocurrency fraud, a situation that deeply unsettled him.

In conclusion, Kinzinger believes that controlling corruption is crucial for national development, especially in the public service sector. His remarks provide a new perspective for the market and provoke public reflection on Trump's stance on cryptocurrency.

However, this controversy is not only about the future development of cryptocurrency but also about public trust and stability in democratic institutions. As technology and politics increasingly intertwine, the industry urgently needs to find a balance between innovation and public interest.

#加密货币 #金融创新 #市场监管

U.S. Bitcoin Spot ETF and Ethereum Spot ETF both saw net inflows yesterday

On April 25, it was reported that the U.S. Bitcoin Spot ETF had a net inflow of $442 million in a single day, marking five consecutive days of net inflows.

Among them, BlackRock's Bitcoin ETF IBIT led the day with a net inflow of $327 million, bringing its cumulative net inflow to $40.96 billion; next was Ark & 21Shares Bitcoin ETTF ARKB with a net inflow of $97.02 million, accumulating a total net inflow of $3.09 billion.

In addition, Bitwise Bitcoin ETF BITB and Invesco Bitcoin ETF BTCO recorded net inflows of $10.18 million and $748,000, respectively, on the same day. The other eight Bitcoin ETFs did not see any capital movement that day.

As of now, the total net asset value of Bitcoin Spot ETFs stands at $106.97 billion, accounting for 5.77% of the total Bitcoin market capitalization.

On the same day, the Ethereum Spot ETF experienced its first day of net inflows, recording a net inflow of $63.49 million.

Among them, BlackRock's Ethereum ETF ETHA ranked first with a net inflow of $40.03 million, bringing its cumulative net inflow to $4.06 billion; followed by Grayscale's Mini Trust ETF ETH with a net inflow of $18.28 million, accumulating nearly $595 million.

Bitwise Ethereum ETF ETHW, 21Shares Ethereum ETF CETH, and VanEck Ethereum ETF ETHV recorded net inflows of $5.06 million, $4.14 million, and $2.58 million, respectively.

It is worth noting that Grayscale's veteran Ethereum ETF ETHE recorded a net outflow of $6.6 million for the day, with a cumulative net outflow of $4.28 billion.

As of now, the total net asset value of Ethereum Spot ETFs has reached $5.92 billion, accounting for 2.78% of the total ETH market capitalization.

#比特币ETF #以太坊ETF #资金流动

Ready to Go: Bitcoin Addresses on Exchanges Hit 8-Year Low, Signs of a Bull Market Emerging?

The Bitcoin market has recently shown notable positive signals, with several key indicators suggesting that the market may be gearing up for a new bull market.

On-chain data indicates that the number of deposit addresses on exchanges has dropped to its lowest level since December 2016, a phenomenon strikingly similar to the situation before the major bull market in 2017.

Analyst Axel Adler points out that since 2022, the 30-day moving average of deposit addresses has fallen to 52,000, not only below the annual average of 71,000 (365 days), but nearly 60% lower than the historical average of 92,000. This continued three-year decline in deposit addresses has reduced the potential selling pressure in the market by a quarter.

Essentially, this trend reflects an enhanced HODL sentiment, significantly alleviating market sell-off pressure and laying a solid foundation for future growth.

Meanwhile, Bitcoin's price performance also corroborates this positive trend. Since April 9, Bitcoin has risen over 25%, currently stabilizing above $93,000, with less than an 8% fluctuation from the psychologically significant $100,000 level that the market is closely watching.

Notably, against the backdrop of escalating global geopolitical tensions, Bitcoin has demonstrated a decoupling characteristic from traditional risk assets. While the S&P 500 and Nasdaq indices have come under pressure due to market risk aversion, Bitcoin has managed to rise to $94,000 during this round, further reinforcing its market positioning as "digital gold."

From a technical perspective, the current market structure is relatively favorable for bulls. $95,000 is a key resistance level; if effectively broken, it could accelerate the price towards the $100,000 threshold. Meanwhile, the 200-day simple moving average at $88,000 serves as significant support, and as long as it stays above this level, the short-term bullish trend will not change.

In summary, market observers generally believe that this continuous decline in exchange stock and the rising proportion of long-term holders, combined with the gradually improving technicals, are creating extremely favorable upward conditions for Bitcoin.

Do you think this data indicates that a new bull market is about to start? Can Bitcoin's upward momentum be sustained amid global macroeconomic uncertainty?

#比特币牛市 #链上数据 #加密货币 #数字黄金

Citigroup Report: Stablecoins Entering an Accelerated Development Phase, Market Value Expected to Exceed Trillion by 2030

Citigroup's latest report shows that stablecoins are entering a new phase of accelerated adoption, with a growth trajectory similar to the early development of generative AI tools like ChatGPT. The report predicts that by 2030, the total market value of stablecoins could reach between $1.6 trillion and $3.5 trillion. Currently, the stablecoin market has surpassed $230 billion, growing nearly 30 times in five years, highlighting its immense market potential.

The report points out that the rapid growth of stablecoins is attributed to regulatory optimization, institutional investor interest, and global demand for dollar-denominated digital assets. In particular, the United States is expected to introduce new legislation in early 2025 that will establish a clear legal framework for stablecoin issuance and reserves. Meanwhile, the EU's MiCA regulations have also set unified standards for stablecoin regulation in the European Union. These regulatory actions further promote healthy industry growth.

In addition to strengthening regulation, global demand for stablecoins is also rapidly increasing, especially in emerging markets like Argentina, Nigeria, and Turkey, where consumers use stablecoins to hedge against inflation and currency fluctuations, driving their application in the retail sector.

At the same time, traditional remittance channels are gradually shifting towards the lower-cost, faster-settlement method of stablecoin remittances. On the institutional side, major asset management firms and fintech companies are exploring fund operations and liquidity management based on stablecoins, reflecting market confidence in the regulatory environment and infrastructure.

Citigroup also compared the potential development trajectory of stablecoins to the evolution of the credit card industry, suggesting that while some dominant issuers may emerge, the participation of national actors and public-private partnership models is also expected to significantly increase. The report notes that trust, transparent reserves, and a good user experience are key factors in achieving mainstream penetration of stablecoins.

Overall, Citigroup's optimistic outlook indicates that the future of stablecoins is broad and they will play an increasingly important role in the financial system. As the regulatory environment improves and market demand grows, the prospects for stablecoins are becoming increasingly bright.

Do you think stablecoins have the potential to change our traditional financial system's settlement methods in the future?

#稳定币 #数字资产 #金融科技 #投资趋势

FTX founder SBF was transferred to the "celebrity prison" Terminal Island, starting a new chapter in his sentence!

FTX founder Sam Bankman-Fried (SBF), who was sentenced to 25 years in prison for planning one of the largest financial frauds in history, was recently transferred from the Victimville Prison in California, which is known for its frequent violence, to the Terminal Island Federal Correctional Institution, which has a relatively superior environment.

This low-security prison on the Los Angeles waterfront has housed "famous criminals" such as gangster godfather Al Capone, cult leader Charles Manson and LSD advocate Timothy Leary. The prison is known for its water views, vocational training and low violence levels. 

This transfer marks a significant improvement in SBF’s prison environment. Unlike the previous Victorville prison, which was rampant with gangs and stabbings, the Terminal Island prison provides prisoners with a legal library, health programs, and vocational skills training such as welding and cooking.

People familiar with the matter revealed that the prison is considered a "prime choice for political prisoners" due to its well-managed management, and currently also holds other white-collar criminals such as video game entrepreneur Mouli Cohen. 

The comfortable new surroundings did not mean the end of SBF's legal troubles, however. The 33-year-old former "cryptocurrency star" is still appealing charges including wire fraud and is actively seeking a presidential pardon from Trump.

Previously, he caused a public opinion storm by accepting an exclusive interview with Tucker Carlson in Brooklyn Jail, which led to his being placed in solitary confinement and losing his public relations consultant.

Now that he has been transferred to this "celebrity prison", whether this means that SBF is preparing to launch a new public opinion offensive is worth continued attention. 

Conclusion:

From being the helmsman of the crypto empire to being thrown into prison, SBF's life has been full of ups and downs, like a real-life version of "The Wolf of Wall Street". His transfer to this special prison that has held countless celebrities may indicate that he is trying to reshape his narrative behind bars. But no matter how the environment changes, the scars caused by its financial fraud to the industry will still take time to heal.

Meanwhile, as Sam Bankman-Fried's prison environment changes and his appeals continue, his future fate and the outcome of his legal battles remain uncertain.

#FTX #SBF #加密货币 #金融诈骗

Charles Hoskinson Warns: Ethereum May Not Survive in the Next Decade

Charles Hoskinson, founder of Cardano, recently raised serious doubts about the future of Ethereum during a recent "Ask Me Anything" (AMA) session.

As one of the co-founders of Ethereum, Charles Hoskinson bluntly stated that despite Ethereum's current leading total value locked (TVL), it may face the risk of extinction within 10-15 years.

He pointed out three structural problems with Ethereum: a flawed accounting model, problematic virtual machine, and a weak consensus mechanism. These fundamental issues are gradually undermining the foundation of this blockchain giant.

He also specifically criticized the direction of Ethereum Layer 2 solutions, comparing these second-layer scalability networks to "parasites," believing they not only fail to truly address Ethereum's scalability issues but also continuously siphon value away from the mainnet.

In his view, this development model will ultimately lead to a value competition within the ecosystem, making it increasingly difficult for Ethereum to maintain the coordinated operation of the entire network.

Hoskinson further likened Ethereum's situation to that of former tech giants Myspace and Blackberry, stating that these early innovators eventually collapsed due to competition and mismanagement, implying that Ethereum may face a similar fate.

Hoskinson's remarks have caused a stir in the crypto community, with supporters arguing that they accurately highlight the real challenges Ethereum faces. Layer 2 networks are diluting mainnet value, high gas fees continue to trouble users, and persistent regulatory uncertainty exists. More critically, compared to Bitcoin, Ethereum's popularity among institutional investors is significantly lower.

However, there are also many observers who oppose this view, pointing out that Ethereum's upcoming Pectra and Fusaka upgrades are expected to significantly improve network performance. Moreover, the recent rebound of ETH price from $1500 to a peak of $1815 seems to indicate that this established public chain still has vitality.

In summary, the current controversy is not only focused on Ethereum's future fate but also prompts the industry to rethink the fundamental logic of blockchain technology development. As the history of the internet shows, the ultimate winners are not specific technologies but the mindsets that can continually innovate amid change.

#以太坊 #Hoskinson #加密货币

Deribit Data: $8 Billion in BTC and ETH Options Expiring This Friday

On April 24, according to official data from Deribit, the market will face nearly $8 billion in Bitcoin and Ethereum crypto options expiring this Friday (April 18, 16:00 Beijing time), with a total open interest exceeding 533,359 contracts.

Data shows that as of this Friday, the total open interest for Bitcoin is 77,621 contracts. Among them, the open interest for Bitcoin call options is 44,988 contracts, while the open interest for put options is 32,633 contracts, resulting in a put/call ratio of 0.73, with a total notional value of up to $7.176 billion.

As of now, the maximum pain price in the Bitcoin futures market is $85,000, while the spot market price for Bitcoin is around $92,385, leaving a gap of more than 8% from the current maximum pain price in the options market.

On the same day, the total open interest for Ethereum is 455,738 contracts. Among them, the open interest for call options is 262,834 contracts, while the open interest for put options is 192,904 contracts, resulting in a put/call ratio of 0.73, with a total notional value of nearly $794 million.

As of now, the maximum pain price in the Ethereum options market is $1,900, while the spot market price for Ethereum is around $1,740, also leaving a gap of more than 8% from the current maximum pain price in the options market.

In summary, the data indicates that the cryptocurrency market may experience a fierce battle between bulls and bears before the options expiration on Friday. Investors and traders need to remain highly alert to quickly respond and adjust strategies in the face of potential significant market fluctuations, effectively addressing possible risks and opportunities.

Do you think this options expiration will affect the spot market? Will you use this data as a reference and adjust your options and contract positions accordingly?

#Deribit #期权到期 #比特币 #以太坊

SEC Accuses Crypto Company Founder of $200 Million Fraud Case, Bitcoin Investment Tycoon Turned Out to Be a Fraudster!

Recently, a $200 million fraud case in the cryptocurrency circle has shocked everyone! Federal prosecutors and regulatory agencies have accused Ramil Palafox, who holds dual citizenship in the United States and the Philippines, of deceiving 90,000 investors through his company PGI Global from January 2020 to October 2021, with the amount involved reaching as high as $200 million.

Palafox took advantage of investors' interest in cryptocurrency, claiming to have expertise and owning an AI-driven trading platform. He promised investors stable profits through cryptocurrency and forex trading, but in reality, these promises were just a carefully orchestrated scam.

However, the funds raised were not used for investment trading but rather became Palafox's "private vault." He misappropriated millions of dollars of investors' money to purchase luxury cars, designer watches, and mansions for himself and his family.

Moreover, he held lavish parties in Dubai and Las Vegas to attract more people into the scheme, even paying bonuses to members who recruited new investors, further expanding the scam. The money from new investors was merely used to fill the previous funding gaps, maintaining this false prosperity.

To lure more people into the trap, Palafox also made enticing high-return promises. He guaranteed a daily return rate of 0.5% to 3% on Bitcoin trading, claiming that his traders could make money regardless of price fluctuations. However, the truth is that most investors' funds were never actually used for Bitcoin trading, resulting in heavy losses for many.

This case is also the first cryptocurrency enforcement action taken by the SEC's new chairman, Paul Atkins, since he took office on April 22. Despite Atkins being known for a "crypto-friendly" regulatory style, the SEC still imposed penalties on Palafox for fraudulent activities, including a permanent ban on selling securities and crypto assets, returning ill-gotten gains, and civil fines.

Previously, Nova Labs was also penalized for cryptocurrency-related issues, and this case serves as a wake-up call once again. The cryptocurrency market may seem full of opportunities, but it actually hides risks. Investors must remain vigilant and not be blinded by high-return promises!

#加密货币骗局 #SEC监管 #庞氏骗局