furan

Why doesn't China allow the existence of virtual currency trading platforms?

One perspective:
No impressive crimes allowed. Just look at Binance's API documentation and GitHub; anyone with a bit of programming knowledge can quickly start trading.

Real-time market data is free, without any nonsense L1/L2 fees, directly providing 5000 order book queries and incremental pushes, and even historical market data can be downloaded for free;

You can open an account directly on the exchange, without a broker in the middle profiting from the spread and reselling information; it also supports x125 leverage, 30 sub-accounts, spot/futures/options/wealth management/loans, etc., all handled by one exchange.

In simple terms, compared to our formal securities/futures exchanges, the gap between Binance and them is even greater than the gap between Alipay and traditional online banking back in the day, and in terms of reputation, it may not even be worse than certain shady organizations.

That said, Binance's talent and financial strength probably can't compare to Shanghai and Shenzhen, and aspects like matching speed, stability, and uptime might be inferior, but they are already leading an era in terms of service content and philosophy, which domestic formal exchanges and securities companies should reflect on and learn from.

After spending so much money and nurturing so many people, what are they all doing?

#SOL Let's leave it at that for now, brothers. I've been staring at the market for almost half a month and I'm about to collapse. I need a break, follow me, and I'll be back anytime!

#SOL feels good brothers, if possible, follow for free, finally got to eat, recently watching the market has been so stressful that I might have a heart attack, taking a break now, wishing brothers a big profit!

#SOL I'm still here, I'm still here!

#SOL Come on Come on 5 points have broken even

Brothers, the square voting is starting! This time we have to support BANANAS31 and aim for the top spot!

The operation is simple and straightforward: open the Binance App, slide to the square, find 'Vote for Listing', and target BANANAS31 to get it done. You can participate with just 0.01 BNB, and it's already far ahead, but we can't let up; the more votes, the more stable!

Don't forget, after voting take a screenshot, include your BSC address, and drop it in the comments or related posts. Big players and the community might drop welfare airdrops at any time, easy grabs like 10 U, and if you're lucky, you might hit the jackpot! Follow along, get moving, feel free to share voting videos, and benefits will be randomly distributed! Let's go!

#BinanceVoteListing #BinanceLaunchpoolNIL

Disclosing a significant piece of news!

China's attitude towards Bitcoin has changed.

And recently, signals indicating that Bitcoin is being listed as a national reserve are slowly emerging.

At a Vancouver blockchain ZOOM discussion I attended yesterday, Professor Wang Zehua, a blockchain expert from UBC, shared news that he is collaborating with the domestic government on many blockchain-related industrial projects, and he is currently in Beijing. I think the credibility is quite high.

This National People's Congress actually discussed many topics related to blockchain and Bitcoin, with a focus on international integration and sandbox proposals.

However, these discussions are seldom seen by the public.

Since the meeting in October 2019 where the leader took the initiative to study blockchain, the industry has been very excited.

Bitcoin surged dramatically, and I remember the enthusiast saying a bull market was coming, but later everyone realized it was just a false excitement, and we were still in a deep bear market.

Currently, domestic efforts are more focused on non-cryptocurrency blockchain, primarily industrialization, and fully accommodating cryptocurrencies is not very easy, as financial stability and gradual improvement are what the domestic side desires.

But with the recent significant actions by the Americans, the thoughts and attitudes domestically are indeed changing, which can be observed through Hong Kong.

If domestically Bitcoin is also listed as a national strategic reserve, to what height will Bitcoin rise?

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🚨 Bitcoin falls below $100,000, liquidation volume soars to a new high since 2021!

In the past 24 hours, the cryptocurrency market has experienced an astonishing wave of liquidations—over $1.1 billion in assets have been liquidated!

📊 Details:
Long liquidations: $815 million
Short liquidations: $280 million
Despite Bitcoin's decline, other currencies have shown strong resilience, and the market exhibits relative elasticity.

Opportunities for subsequent rebounds still exist!🔮

Trading requires the cultivation of patience
Trading is not about entering the market to chase trends
Nor is it about being able to consistently profit
You may encounter a stop loss as soon as you enter
You may be in a good trend but suddenly reverse
Faced with volatile struggles
We can only set stop losses and adjust them

Thus, this process often feels torturous and painful
Most people cannot persevere
Only deep belief allows for execution to the end
This is the essential path to becoming a true trading expert
And also the reason others' systems may not lead to your success

#btc #eth

20 Rules of Successful People!

How many can you achieve?

At a glance, I am destined for failure.

Web3 News on November 16, 2024
1. According to Fox News, although it is still unknown who Trump will choose to helm the SEC, it is increasingly likely that Gary Gensler will voluntarily resign before the end of his term (expiring in 2026). He may announce after Thanksgiving that he intends to resign in early January, before Trump's inauguration. 2. Fed's Goolsby said that as long as inflation continues to fall, current interest rates will be significantly reduced. The Fed will not change its inflation target, and interest rates may need to be lowered in the coming year. Fed Collins said that another rate cut in December is clearly under consideration, but it has not been finalized. 3. Vivek Ramaswamy, who leads the U.S. Department of Efficiency with Musk, said that the government efficiency department will be disbanded on July 4, 2026 as part of the celebration of the 250th anniversary of the Declaration of Independence. He quoted Reagan's famous saying, emphasizing the durability of government agencies, but said DOGE will be an exception. 4. Matthew Sigel, head of digital asset research at asset management company VanEck, said: There is a high possibility that Solana ETF will be listed and traded before the end of next year. 5. The large-scale theft of user assets on the Dexx trading platform has confirmed that the scale of stolen funds has reached hundreds of millions of yuan, and hackers are still continuing to commit crimes and constantly transferring user assets. The risk of internal crimes cannot be ruled out at present. 6. The encrypted AI project Holoworld launched the AI ​​Agent Market platform on the Base chain, allowing various communities to create and deploy their own AI agents. The platform is mainly aimed at Internet creators, online communities and digital native brands, and gradually opens community access through a voting system. 7. According to Artemis data, Solana had a net inflow of US$19.5 million today, Sui had a net inflow of US$10.7 million, Arbitrum had a net inflow of US$9.3 million, Base had a net inflow of US$4.3 million, and Ethereum had a net outflow of US$40.4 million. 8. In the 7 days ending November 14, Circle issued approximately 2.7 billion USDC, redeemed approximately 2.9 billion USDC, and reduced the circulation by approximately 200 million. The total circulation of USDC is 36.7 billion, and the reserve is approximately 36.9 billion US dollars. 9. The proposal to "enable ENA fee conversion" proposed by Wintermute has been approved by the Risk Committee. The Foundation will work with the Risk Committee to finalize the relevant parameters for the activation of the fee switch before November 30, and the specific implementation mechanism will be announced later.

Start the bull market frenzy mode! ! The proportion of Bitcoin holdings continues to decline! !

Bitcoin is at a high level, and the altcoins are falling. You can replace BTC with altcoins to ambush

Meme leader $PEPE $FLOKI $POPCAT $TURBO $BONK

Meme low market value ambush $APU $NUB $BILLY $FOXY
High market value buy on dips $MEW $FWOG $MOG $MANEKI

Zoo Hippo Dolphin $MOOGENG $MIHARU
V God meme leader $NEIRO
Art + Fruit + meme $BAN
Musk series $doge $pnut

AI + meme $GOAT $ACT $CENTS
Artist meme leader $bome $slerf

How to become "smart money" in the MEME field?

I have summarized the experience gained from the recent dogfighting, and also thought about some key factors in the internal and external MEME markets. To achieve 10M+ in the external market, some core conditions are required. The following are the five main points of MEME investment that I have summarized:

1. "People": key figures and endorsements

Every potential MEME is inseparable from its birthplace-Twitter. The endorsement of the characters here is very important, and there are two key factors:

• CA initiated by the Twitter account itself: If the Twitter owner personally participates in the promotion of MEME, it often attracts more trust.

• DEV launches a co-branded MEME: If the initiator of MEME is a well-known DEV (developer) or released by a well-known Twitter user, this character endorsement is more credible.

2. "Things": the story behind the project

A good MEME project usually has a compelling "story" behind it. Take Goat and Nerio as examples:

•Goat (AI MEME): an AI project invested by A16Z, which has attracted much attention due to its advanced nature.

•Nerio (Dog MEME): a dog adopted by "Dog Mom" ​​Elon Musk, full of topics.

The strength of the story will directly affect the popularity and growth space of MEME.

3. "Zhuang": the driving force behind the scenes

In MEME, the driving force of "Zhuang" will make the project more sticky and explosive. Projects with Zhuang usually have the following characteristics:

•There are multiple MEME coins with the same name, but the ones with the largest trading volume and stable prices are often "Zhuang Pan".

•Have a stable buying and selling volume to attract the attention of the market.

To find Zhuang Pan, you need to accumulate experience through actual trading operations and gradually learn to distinguish.

4. "Quantity": Pay attention to the number of participants and risks

Quantity is a key evaluation criterion for the risk and potential of MEME. For example, if a MEME token has 1,500 followers and a total market value of 100K, then it is likely that most of the pool is small holdings. At this time, the lower limit of 1,500 people may be around 50K-100K. If the MEME also has a "banker", it may be a good opportunity to enter the market.

5. "Same frequency": attract smart money and big funds

This is the most important point. Through the analysis of the first four points, it is determined whether there is external smart money and big funds that may enter the market. MEME projects that meet these five points generally have the opportunity to impact 10M+, such as Goat, Nerio, Ban, etc.