Bitcoin (BTC) is currently in a complex phase, and will turns bearish! , depends on a few key factors:
1. Macro Conditions: Interest rate decisions by central banks (like the Fed), inflation data, and general risk appetite in global markets influence BTC heavily. If rates stay high or rise, that could apply bearish pressure.
2. Market Cycles: BTC often moves in 4-year cycles tied to the halving. Since the most recent halving was in April 2024, many expect bullish momentum to build into 2025, historically a strong year.
3. Technical Indicators: If BTC fails to hold major support levels (e.g., $60k or $52k), that would signal bearish sentiment. But as long as it remains above key levels, many traders still lean bullish long-term.
4. Adoption and News: ETF inflows, institutional interest, and geopolitical instability (which can drive demand for BTC as a "store of value") may provide bullish fuel.
Final Word: Short-term pullbacks are possible and even healthy, but many analysts remain long-term bullish unless BTC breaks key support levels.
Advocating for a positive and healthy gaming atmosphere
Traditional blockchain games often come with high speculative trends, and players' enthusiasm can be fleeting. XAI focuses on 'sustainable operations' and clearly supports projects that concentrate on genuine gaming experiences and community building. Here, you can find many excellent works and innovative gameplay, rather than just 'fast food games' launched solely for currency speculation. The community encourages players who have a thorough understanding and love for the games to contribute strategies and high-quality content, rewarding these contributions in the form of NFTs or tokens, creating a positive feedback loop. The game not only offers short-term airdrop incentives but also has a comprehensive node and achievement value system supporting long-term growth. Over time, XAI naturally attracts more high-quality players and developers, truly making gaming a 'serious business'.
Yesterday afternoon, I warned everyone to pay attention to the market correction, and this morning saw a sharp drop, leading to widespread lament in the market. When will it hit the bottom, and when can we enter the market have become two pressing questions of concern.
Currently, the trend of Bitcoin seems to have broken the support around 81,000, and has dropped to around the 80,000 mark. The next support level is around 76,000, and the Bitcoin's massive mouth is already wide open; it seems difficult for the 80,000 mark to hold.
Ethereum, this pile of mud, has successfully reached the anticipated 16xxx level, and the downward trend continues with no signs of slowing down. The market is crashing and will require a lot of time to recover; we continue to wait.
The reason the market is falling more than rising is that there is no substantial positive news to promote sustained capital inflow. The fundamental solution to break this predicament is a rate cut by the Federal Reserve; any rise outside of this will not be sustainable and will only be a rebound, not a reversal.
#币安投票上币 $UXLINK voting list first, I am not surprised at all. Previously, UXLINK's strength in the airdrop from the Binance Web3 wallet and its subsequent price surge have proven one thing: the UXLINK project team is very strong. If this goes live, the project team on Binance is very likely to do something significant. However, the market conditions are too poor right now, so those who hold this coin should not be greedy; take profits and be safe. Simey闪电币安王牌KOL聊天室
The grand performance of the cryptocurrency world begins
币圈猫咪
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Sun Yuchen goes berserk in Hong Kong, $500 million "flies" to Dubai? Trust institution is confirmed, the crypto circle starts a real-life bounty hunt for the culprit!
Today, TRON founder Sun Yuchen held a press conference in Hong Kong, revealing a major scandal in the crypto circle: $500 million of his funds held in the licensed trust institution FDT was secretly transferred away to a private company in Dubai. Behind this company is actually the wife of FDT's CEO!
Brother Sun angrily denounced this operation as a "model of money laundering by a husband-and-wife business," using forged documents and internal approvals to transfer the money, even the original issuer of TUSD, TrueCoin, was named as being involved.
Ironically, Sun Yuchen previously spent $500 million to "save the coin" during the TUSD turmoil, and now this lifesaving money has become the target of the other party's actions. He publicly stated: this is not a donation, it's a loan, and I want to get it back!
He made a strong statement on the spot, offering a handsome reward for clues worldwide; anyone who can provide key information will be rewarded. He also plans to set up a website and start a live stream to update the investigation progress in real time, hunting down FDT across the internet!
In addition, Brother Sun also criticized the huge loopholes in Hong Kong's financial regulation, claiming that the regulatory failure has turned trusts into "ATM machines." This incident even alarmed Hong Kong Legislative Council member Wu Jiezhuang.
In summary: $500 million is lost, Brother Sun is not afraid of losing money, but is afraid you won’t expose the details!
The crypto drama officially begins, who is the real insider? #分散资产
🎈Last week’s fee data has been released. Every Monday is the day to pay. Save Binance fees and you can start to become a young model every week and every month🫵 Unless I fly an international flight across continents, I will do it every Monday, no matter what time it is! 🔸Rebate link https://www.binance.com/join?ref=XBXFHXC1 Binance invitation code: XBXFHXC1 It is best to register with an app interface that is easy
🎈Last week’s fee data has been released. Every Monday is the day to pay. Save Binance fees and you can start to become a young model every week and every month🫵 Unless I fly an international flight across continents, I will do it every Monday, no matter what time it is! 🔸Rebate link https://www.binance.com/join?ref=XBXFHXC1 Binance invitation code: XBXFHXC1 It is best to register with an app interface that is easy
Yesterday at 1:00, I entered the market and shorted #ZRO . Just now, a big negative line hit 2.899, completing TP2 and approaching TP3, gaining 100.23%. Now set BE $ZRO
These past few days have been dominated by the decoupling of $FDUSD, with Brother Sun spreading FUD about FDT on Twitter;
I still remember when I first got into the Web3 industry, everyone was using USDT. At that time, aside from the crypto world, private transactions were happening in all sorts of industries. Seeing this brings back a lot of memories, as the regulations in the crypto world have become stricter over the past two years, and everyone is paying attention to this direction.
Since the DeFi explosion in 2020, USDT has become an important stablecoin for trading on DEXs like Uni, Pancake, and Curve. With protocols like Aave, Compound, and JustLend allowing users to use USDT as collateral for loans, the demand for USDT has surged; additionally, due to on-chain transaction fee issues, TRC-20 USDT on the Tron network has gradually become the main version for DEX trading.
The reason it's called a stablecoin is due to its anchoring standard. U is commonly used in foreign trade companies for cross-border transactions, avoiding traditional bank restrictions: some foreign trade companies in certain countries may face limitations and scrutiny from traditional banking systems, including high fees and remittance restrictions. By using U, companies can circumvent these limitations and conduct international transactions more flexibly. Moreover, some domestic companies also use U for settling salaries, and there’s no need to elaborate on the tax aspect...
Since 2023, U cards have been emerging one after another. During that time, they were constantly in the spotlight, with Visa cards from Onekey, Binance, and others available for daily consumption; in 2024, the introduction of spot Bitcoin ETFs will bring new capital flow, further expanding U's role in the market; some emerging market countries (like Argentina) also support U payments for certain real estate transactions.
Recently, some platforms have started supporting U for trading US stocks and Hong Kong stocks; for example, #Biyapay , under normal circumstances, we mainland users cannot buy US stocks. Opening an account in the US is very difficult; many brokerage websites for US stocks allow online account openings; entrusting a Hong Kong company to open an account is also very troublesome. Platforms like Biyapay allowing the use of U for buying and selling US and Hong Kong stocks are extremely convenient, even including the conversion of U from the crypto world.
Stablecoins in the crypto space have faced challenges such as compliance, market competition, and major crises over the past few years. In the future, as the crypto world becomes increasingly regulated, it may continue to expand more on-chain applications, enhance compliance, and fully realize new fields like real-world assets (RWA).