What is a cycle? May I ask which stage we are currently in?
The BTC halving every four years will not change, forming a cyclical pattern of decline, recovery, increase, and prosperity in the cryptocurrency market.
First, it is important to distinguish between long cycles and short cycles; big cycles make big money while small cycles make small money. This distinction is crucial. If the operations are reversed, one may hesitate to enter during a big market rally and go all-in at the end of a small market, leading to chasing highs and cutting losses, resulting in paper wealth hanging in the balance or suffering on the mountaintop.
Secondly, it is essential to stay updated with market innovations and technological breakthroughs. For instance, Ethereum transitioned to POS in 2022, AI was launched for the first time at the beginning of 2023, inscriptions suddenly became popular, in 2024 Bitcoin ETF was approved, SOL and meme tokens emerged, and AI continued to gain momentum. In 2025, with Trump taking office and the Federal Reserve's interest rate decisions, this series of events conceals the size of the cycles and the code to wealth.
BTC surged today and then pulled back; let's continue to observe and wait.
In this wave of cryptocurrency that devours the old world, what we witness is not only a redefinition of asset prices, but a profound revolution concerning currency issuance, governance, transfer, and the paradigm of human wealth. In the next decade, holding Bitcoin will represent a new identity and a new investment choice; let the past be the past, as the emergence of new civilization means Bitcoin is the ticket 🎟 to enter.
After seeing this news, I want to say: This world is a makeshift team. As long as the sales of garbage projects are good, no one will use good things.
Why? The MPC wallet we developed back then is much safer than the multi-signature wallet used by Bybit. It isolates the signature machine from the external network.
However, no one paid attention to it after a long period of development. Later, I left 4 years ago, and I don’t know how it is now.
In-depth analysis of the Bybit hacking incident: device intrusion is suspected to be the key cause Chinese: https://chainalert.me/view/headline/fa4d50 English: https://chainupdate.xyz/view/headline/fa4d50
Binance has made another comeback. Each of the 525,000 Binance users who met the conditions received 200 ZK tokens, and a total of 10,500,000 ZK tokens were distributed.
Binance will list ZKsync (ZK) and ZK token distribution plan:
Binance will list ZKsync (ZK) and ZK token distribution plan 2024-06-17 10:00 Note: Before trading the above tokens on platforms other than Binance, please do your own research to avoid any scams and ensure the safety of your assets. Dear User: Binance will launch ZKsync (ZK) at 16:00 (ET8) on June 17, 2024, and open the following spot trading pairs, inviting you to experience it!