君泽说币

CZ resigns as CEO of Binance
end of an era

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The U.S. Securities and Exchange Commission has requested more information about Celsius' assets as part of its review process, which could delay its restructuring plan, according to people familiar with the matter.

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75% of OpenAI employees have threatened to resign and join Microsoft's artificial intelligence team if Sam Altman does not return as CEO and the board of directors does not resign.

Tether froze $225 million in USDT as part of a U.S. Department of Justice investigation into an international human trafficking ring in Southeast Asia linked to a "pig killing plate" scam.

It is reported
The United States is demanding that Binance pay more than $4 billion as part of a proposed resolution to a years-long investigation into the cryptocurrency exchange. The resolution could be introduced as soon as the end of this month.

Negotiations between the Justice Department and Binance include the possibility that Binance founder CZ could face criminal charges in the U.S. under an agreement to resolve investigations into alleged money laundering, bank fraud and sanctions violations.

#etf #BTC $ETH $BTC

Wealth code!

The sudden rise and fall is the beginning of the bull market. This way, we need to wash away a large part of the profits and exploding those highly leveraged ones.

Personally, I am still bullish on the future

$TRB

Buying and selling depends on logic, and holding currency depends on mentality.

There must be sufficient reasons before buying, and there must also be sufficient reasons when selling. The currency market is the grave of the ignorant, and buying and selling must be the output of logic, not emotional trading.
Bitcoin opened at 16,500 this year and has now doubled to 35,000. This rate of return exceeds that of real estate, A-shares, gold...
Do you think the script will go like this in the future?
December: Stop raising interest rates
January: Bitcoin spot ETF passes
February or March: Ethereum Dencun upgrade
April: Bitcoin Halving
June: First interest rate cut! ! ! ! ! !
In May, it encrypted to the short-term top and began to enter the downward channel. Black swans appeared. At the end of next year, with several interest rate cuts, it began to truly enter the slow bull and mad bull stage until it reached a new historical high in the future...

Cryptocurrency market turmoil: Bitcoin loses half of its value
Investors are risk averse

Bitcoin has lost more than half its value in the first half of the year, falling below
$18,000, the lowest level in 18 months

Instantly surged in October this year
But everyone in the currency circle knows that if there is a boom, there will be a crash.

Amid severe turmoil in the cryptocurrency market, the eight largest digital currencies by market capitalization recorded combined losses of nearly $1.6 trillion.

The plunge has prompted many investors to exit any risky investments, including digital currencies, and focus on boosting their savings.

This round of significant losses is currently the longest-lasting of its kind suffered by digital currencies. The market capitalization of these currencies plummeted to $800 billion last week alone, compared with a high of $3.2 trillion in mid-November.

It’s not just Bitcoin that has suffered heavy losses. Ethereum, considered the second largest cryptocurrency, has also fallen 73% this year.

Nonetheless, prices are expected to decline for at least the next 3 to 6 months, with considerable uncertainty due to corresponding risks in the industry.

Two Wall Street financial giants are preparing to enter the market. Bitcoin is on the cusp of major changes.

Just last week, two major financial giants, BlackRock and Fidelity, announced their preparations to enter the Bitcoin market broadly and announced their application for approval to set up managed exchange-traded funds.

BlackRock manages $10 trillion in assets and Fidelity manages $4.5 trillion. In short, these large investment firms with strong financial clout could potentially re-enter the cryptocurrency world if they decide to do so. Shape the entire pattern.

Mike Novogratz, CEO of digital asset investment firm Galaxy Digital, said in a tweet that approval would be "the best thing that could happen to Bitcoin."

Novogratz emphasized that this area will open the door to institutional and individual investors and will unleash a large amount of funds in the cryptocurrency market, which will have a profound impact on Bitcoin prices and overall market dynamics.
#BTC
The increased demand generated by the entry of these influential players into the market could push Bitcoin to new heights, attracting more investors and giving the cryptocurrency more legitimacy.
$BTC $ETH

The four major hacker attacks in the currency circle in 2022

In 2022, the use of loopholes to make profits will mainly focus on decentralized finance. Of the US$1.3 billion stolen in the first three months of 2022, approximately 97% came from decentralized financial platforms. By the end of 2022, cybercriminals had stolen more than $3 billion from the cryptocurrency community, with $718 million stolen from decentralized finance protocols in October alone, the month with the most losses.

One of the main targets of criminals is cross-chain bridges, software that enables the transfer of funds between different blockchains.
The loss this time is as high as: 625 million US dollars

One of the early successful cryptocurrency products of 2022 is "Axie Infinity" invested by Andreessen Horowitz. This "play and earn" game allows users to earn NFTs and tokens. The mode has been criticized for its exploitative design, as many players come from countries like Vietnam and the Philippines for whom Axie Infinity has become a full-time job.

However, Axie Infinity's misery isn't over yet. Its developers built the game's economic system on the Ethereum blockchain, but Ethereum is not suitable for in-game microtransactions. Therefore, they developed Ronin, a forked sidechain of Ethereum that is more efficient. In March 2022, the cross-chain bridge between Ronin and Ethereum was hacked and more than $620 million was stolen. The game team was not aware of the attack until a user reported that he could not withdraw funds.
The game has not yet resumed operations, and the “play and earn” model is still questioned. Loss of $325 million

Wormhole is a cross-chain bridge that supports transferring funds between Ethereum and Solana. In February 2022, hackers stole over $320 million from Wrapped Ethereum (wETH). wETH supports converting Ether into other tokens and using them on other blockchains.
Cybercriminals exploited vulnerability to steal up to $190 million

A similar decentralized finance protocol, Nomad Bridge, suffered a hacker attack in August 2022, but this attack was different from the attack suffered by Wormhole because the perpetrator of the attack was not a specific group, but hundreds of individuals. . Although the hacker returned 5% in the end, he still lost 1.$8.2 billion
$BTC $ETH #BTC

Wall Street guru Grant’s 4 out of 9 warnings:

"Could you imagine having a publication called 'Interest Rate Watch' with no interest rates to watch other than a paltry rate below zero?" (Grant was referring to the Federal Reserve's move to raise interest rates last spring. previous long period of low interest rates).

"Inflation is a permanent thing. There is no way to regain the purchasing power lost through inflation."

“We have experienced a decade of secular growth in money. It has prompted an excessive pursuit of yield and magical thinking, the accumulation of leverage and the breeding of unicorns, and an increase in federal debt. All in the service of rising asset prices, creating a catastrophe for those whose business is buying and selling. It was a fun time for people living in the country. But it also created deep vulnerabilities in the country's financial structure."

“The product of artificial low interest rates is artificial balance sheets. The product of artificial balance sheets is new macroeconomic vulnerabilities. If this vulnerability does not manifest itself at some point, it could lead to unintended consequences of extraordinary depth and severity. That would be weird."

9 warnings from Wall Street gurus: Stocks are overpriced, cryptocurrencies are empty talk, and “everything bubbles” will eventually trigger a severe economic recession

Devastatingly low interest rates have created a historic "everything bubble" in the market, says Wall Street guru Jim Grant. This era of easy money has made the U.S. financial system more fragile, the Wall Street guru said.

Grant is pessimistic about stocks, dismissive of cryptocurrencies, and predicts a severe recession will occur soon.
More than a decade of cheap money fueled a dangerous "everything bubble" that weakened the U.S. financial system and paved the way for last year's market meltdown and a painful recession to come, says Jim Grant.
#BTC
Grant, editor of Grant Rate Watch, issued this serious warning during a recent Rosenberg Research webinar
$BTC $ETH

North America’s cryptocurrency market is driven more by institutional activity than any other region

A whopping 76.9% of transaction volume is driven by transfers of $1 million or more.

On-chain activity in the region is relatively evenly distributed between DeFi and centralized exchanges
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#Meme
$BTC $ETH $XRP

Jesse Livermore, a famous Wall Street trader, once said a thought-provoking statement: “The difference between gambling and speculation is that the former bets on market fluctuations, while the latter patiently waits for its own trading opportunities.
Why are so many people obsessed with capital markets? The reason is that the subconscious mind is intoxicated by the human instinct of "gambling". The pursuit of excitement, fear of boredom, blind self-confidence, repeated defeats and other "gambling" characteristics are due to human nature. "Market fluctuations" provide many seemingly "workable" and "unable" bets. Therefore, due to their instinctive gambling instinct, many traders put their energy and enthusiasm into the fluke of hoping to make quick profits.

#Meme #arbitrum
Professional traders think more about how to establish a stable investment style, investment strategy, investment psychology, and investment risks, formulate different trading plans based on different market trends, and implement trading plans with strict discipline.
$BTC $ETH $XRP

Before a large number of chips are unlocked, large-scale benefits such as public chain upgrades and token empowerment are released. The market situation drives a surge in transaction volume and *** income. The fundamentals are good. The explosion of tokens facilitates the subsequent sale of chips. DYDX's operation scores 99 points.
#etf
Will the derivatives track usher in a wave of short-term hype? Spot DYDX/GMX/SNX/GNS/MUX, and finally DYOR
$BTC $ETH $BNB

Things like Bitcoin Inscription and BRC20 are just superfluous to Bitcoin, and things like ETHS are superfluous to Ethereum. Whether they are snakes or dragons, in fact, they don’t need that extra foot. .

#etf
Bitcoin will always be the only gold in the Web3 world, with everlasting value; Ethereum will most likely always be the largest platform in the Web3 world, letting the stars shine.
$BTC $ETH $BNB

Is Bitcoin gaining momentum? The impulsive move corrected 5% and the bears brought in their prepared 20K-15K targets. Well, I don’t think that’s going to happen. Not two or three scenarios will be released this time, but the most likely one will be released. Funds return to normal. I don't think we'll get to 31.5K until we hit the first area between 36.5K~37.5K. Thereafter, we may hit support at the July high, grab some liquidity around 32K, and then pump towards the major resistance in the 42K area. PS:- This is my personal opinion, any trade you do based on this idea, you have to do strict risk management on it.

To make big money in Circle B, you must have a few things:

1. High enough awareness: don’t be complacent about dozens of points of profit every day

2. It must be spare money that you can hold on to and put down!

3. Have a vision for the future

4. Bid selection is divided into two categories:
① Try to touch as little as possible the old targets before the last bull market. You can appropriately select a few targets with future potential.
② The targets after the last bull market are collectively referred to as new targets and will be analyzed based on the market and new targets.
5. When entering the market, you must build a position in batches

6. When entering the market, you must double your capital, double it again, and then pay half of the profit...if the chips are less than the bull top of this round, you will definitely clear the position, and use the profits to continue to build positions in batches! Use the bear market long enough to exchange for free chips.
7. Risks come first, profits come last! Only by minimizing risks can profits be maximized.

Any win or loss is an experience. What doesn’t kill you will make you stronger.
#BTC #etf

Wang Feng divorced today and predicted that the crypto bull market has officially arrived

Zhang Ziyi's first relationship with Gao Feng broke up in 1997 and was promoted to 2001!
The second term Huo Qishan broke up in 2006 and became a great stock market player in 2008!
The third term Ivy Niwo broke up in 2008, but the stock market finally rebounded in 2011!
The fourth wife Sa Beining broke up in 2013, and the stock market was bullish in 2015!
#BTC #xrp
Now! ! Zhang Ziyi and Wang Feng divorced...
1 Wang Feng
2 The fourth divorce
3 divorce
4 Zhang Ziyi
The conclusion is four big words:
Wang Sili Zhang (going up*)

Ethereum verification nodes no longer need to queue up. Ethereum’s pledge growth has slowed down. Recently, there has even been negative pledge growth. Simulate a hypothesis: ETH inflation, weakening fundamentals, capital outflows, a large number of pledged ETH redemption runs, and a large number of StETH\sETH\fraxETH and other ETH pledged coins were directly sold, resulting in a liquidity run, and the short-term pledge withdrawal crisis of Ethereum broke out? LSD deflates bubbles and deleverages?