On June 16, 2025, the State Bank of Vietnam released the 'Draft for the Management of the Virtual Asset Market', which is causing severe fluctuations in the cryptocurrency market. The core of its policy includes three sets of contradictory games: 1. Fiat Currency Channel Game: The draft allows licensed exchanges to enable direct trading of the Vietnamese Dong (currently, only five platforms, holding 17% of the market share, meet the requirements), but it requires freezing 50% of crypto assets as reserves. As a result, the USDT over-the-counter premium in Ho Chi Minh City's largest OTC market has reached 8.3%.
The U.S. Securities and Exchange Commission (SEC) has approved a Bitcoin vault transaction worth $2.3 billion for Trump Media — the deal will enable the company to raise funds and purchase Bitcoin, becoming one of the largest publicly traded Bitcoin vaults. The company has also applied for the Truth Social Bitcoin ETF, aimed at providing shareholders with direct Bitcoin exposure.
Handshake on the Edge of the Cliff! China and the US have been negotiating fiercely in London for 48 hours, finally managing to temporarily press the 'nuclear button' of the trade war, but the fuse is hissing, and August 10 is the life-and-death line! The most drastic change is the tariff plunge! The punitive tariffs imposed by the US on us have been slashed from a shocking 145% down to 30%! Our retaliatory tariffs have also decreased from 125% to 10%! Both sides are really gritting their teeth and making big concessions, even if it hurts!
$BTC Handshake on the Edge of the Cliff! China and the U.S. have negotiated fiercely in London for 48 hours, finally managing to temporarily suppress the "nuclear button" of the trade war. However, the fuse is hissing, and August 10th is the line between life and death! The most drastic move is the plummeting tariffs! The punitive tariffs that the U.S. imposed on us have been slashed from a terrifying 145% to 30%! Our retaliatory tariffs have also dropped from 125% to 10%! Both sides are really gritting their teeth and making significant concessions, even if it hurts!
#美国加征关税 Handshake on the Edge of a Cliff! China and the US have been negotiating fiercely in London for 48 hours, and finally managed to temporarily suppress the "nuclear button" of the trade war, but the fuse is hissing, and August 10th is the line of life and death! The most ruthless part is the drastic reduction in tariffs! America's punitive tariffs against us plummeted from a terrifying 145% to 30%! Our retaliatory tariffs also dropped from 125% to 10%! Both sides are really gritting their teeth and making significant concessions, it hurts but it has to be done!
$BTC hit around 165000, starting to pull back. Last night during the live stream, I said I would add to my short position around 106400. Many people have limit orders, and they must catch that value, at the peak of the mountain, buy high by one point, sell low by a little. Since it can't go up, it will likely make a box range pullback. Around 103000, it should still be possible. My own cost price is around 104500, and I should be able to break even; if I can make a bit of money for some pig's feet rice, that would be even better.
#韩国加密政策 Three consecutive bullish candles refer to the occurrence of bullish candles for three consecutive trading days, with the closing price of the latter bullish candle being higher than that of the previous bullish candle, indicating that the stock price is in a strong upward trend with strong bullish forces. Three consecutive bearish candles mean that bearish candles appear for three consecutive trading days, with the closing price of the latter bearish candle being lower than that of the previous bearish candle, indicating that the stock price is in a weak downward trend with strong bearish forces. For example, in a rising market, if three consecutive bullish candles appear, investors may continue to hold stocks or consider increasing their positions; whereas in a declining market, if three consecutive bearish candles appear, investors should be cautious and may consider reducing their positions or waiting on the sidelines.
#看懂K线 Three consecutive up days refer to three consecutive trading days with bullish candles, and the closing price of the last bullish candle is higher than that of the previous bullish candle, indicating that the stock price is in a strong upward trend with strong buying pressure. Three consecutive down days refer to three consecutive trading days with bearish candles, and the closing price of the last bearish candle is lower than that of the previous bearish candle, indicating that the stock price is in a weak downward trend with strong selling pressure. For example, in a rising market, if three consecutive up days occur, investors may continue to hold stocks or consider increasing their positions; while in a declining market, if three consecutive down days occur, investors should be cautious and may consider reducing their positions or waiting to observe.
#常见交易错误 Remember when I first started trading contracts, watching the numbers in my account fluctuate made my heart race like I was at a dance party! One time, I set my sights on a coin called SOP, convinced it was going to drop, so I went all in shorting it! And what happened? The market played a big joke on me, the price kept rising, and my unrealized profits and losses turned bright red, leaving me trembling with pain. That was when I truly understood what it means for the 'market to teach you a lesson'. Later, I realized that relying solely on feelings and impulsiveness doesn’t work in the contract market. **Position management**, **stop-loss settings**, these are lessons learned through painful experiences. Just like this time, even though I was right about the direction to short SOP, if I hadn’t been so greedy, managed my position well, and set a stop-loss properly, I wouldn’t have been hit so hard by the market.
#交易手续费揭秘 Apple, Google, Airbnb, and X are reportedly in early talks to integrate stablecoins into their payment systems—aimed at reducing costs and simplifying global payments. This news comes right after Circle's extraordinary IPO, with the stock price rising another 40%, marking the increasing momentum of stablecoins in the financial and technology sectors.
#加密安全须知 Apple, Google, Airbnb, and X are reportedly in early talks to integrate stablecoins into their payment systems—aimed at reducing costs and simplifying global payments. This news follows Circle's extraordinary IPO, with the stock price rising another 40%, marking the growing momentum of stablecoins in the financial and tech sectors.
$USDC Apple, Google, Airbnb, and X are reportedly in early talks to integrate stablecoins into their payment systems — aimed at reducing costs and streamlining global payments. This news comes on the heels of Circle's extraordinary IPO, with the stock price rising another 40%, marking the growing momentum of stablecoins in the financial and technology sectors.
Apple, Google, Airbnb, and X are reportedly in early negotiations to integrate stablecoins into their payment systems—aimed at reducing costs and simplifying global payments. This news follows Circle's extraordinary IPO, after which the stock price rose another 40%, marking the growing momentum of stablecoins in the financial and technology sectors.
#科技巨头入场稳定币 Apple, Google, Airbnb, and X are reportedly in early talks to integrate stablecoins into their payment systems—aiming to reduce costs and simplify global payments. This news comes on the heels of Circle's extraordinary IPO, after which the stock price rose another 40%, marking the increasing momentum of stablecoins in the financial and technology sectors.
There are essential differences in asset ownership, source of leverage, settlement mechanisms, and risk structures among the three types of trading methods in cryptocurrency trading: spot, leverage, and contracts. 1. Spot Trading - Core Logic: Immediate buying and selling of actual assets - Leverage and Risk: - Leverage Ratio: 1x (no leverage) - Maximum Loss: Principal goes to zero (when the coin price drops to 0) - Typical Scenario: > Use 1000 USDT to buy 0.025 BTC, if BTC rises to 45,000 USDT, profit is 125 USDT (25% increase). 2. Margin Trading - Core Logic: Using spot assets as collateral to amplify the principal - Leverage and Risk: - Leverage Ratio: 2-100x (platform set limit) - Liquidation Mechanism: When the value of the collateralized assets ≤ loan principal + interest, automatic liquidation is triggered. - Maximum Loss: Can exceed the principal
$USDC There are essential differences in asset ownership, sources of leverage, settlement mechanisms, and risk structures among the three types of trading methods in cryptocurrency trading: spot, leverage, and contract. 1. Spot Trading - Core Logic: Instant buying and selling of actual assets - Leverage and Risk: - Leverage Multiplier: 1x (no leverage) - Maximum Loss: Principal goes to zero (when the currency price drops to 0) - Typical Scenario: > Buying 0.025 BTC with 1000 USDT, if BTC rises to 45,000 USDT, profit is 125 USDT (25% increase). 2. Margin Trading - Core Logic: Using spot assets as collateral to amplify capital - Leverage and Risk: - Leverage Multiplier: 2-100x (platform set limit) - Liquidation Mechanism: When the value of the collateralized assets ≤ loan principal + interest, automatic liquidation is triggered. - Maximum Loss: May exceed the principal
There are essential differences in asset ownership, sources of leverage, settlement mechanisms, and risk structures among the three types of trading methods in cryptocurrency trading: spot, leverage, and contract. 1. Spot Trading - Core Logic: Immediate buying and selling of actual assets - Leverage and Risk: - Leverage Ratio: 1x (no leverage) - Maximum Loss: Principal goes to zero (when the coin price drops to 0) - Typical Scenario: > Buying 0.025 BTC with 1000 USDT, if BTC rises to 45,000 USDT, profit is 125 USDT (25% increase). 2. Leverage Trading - Core Logic: Spot collateralized lending amplifies the principal - Leverage and Risk: - Leverage Ratio: 2-100x (platform sets the upper limit) - Forced Liquidation Mechanism: When the value of collateralized assets ≤ borrowed principal + interest, automatic liquidation is triggered. - Maximum Loss: May exceed the principal