1. Bitcoin fell below 80,000 USD. Has it reached the bottom?
Today, Bitcoin fell below 80,000 USD, and the Cryptocurrency Fear and Greed Index also reached 10 (extreme fear) yesterday. This is the first time in 3 months that investors have seen Bitcoin starting with 7. The state of extreme fear in market sentiment has lasted for 4 days. In less than a week, Bitcoin fell from 96,000 to around 78,000. It has also fallen 28% from its historical high. Ethereum has also fallen 25% in less than a week. It is not just the currency circle that has fallen. Global stock markets have generally fallen today. The author believes that the core reason for this decline is that Trump has further imposed tariffs, which has led to further pessimism about macroeconomic expectations. As investors' psychological defenses are further broken, the crypto market has also ushered in a continuous decline. Click to read
2. Bitcoin plummets, is hedge fund arbitrage trading the culprit?
In a week, the price of Bitcoin fell from $99,000 to below $80,000, almost falling back to the price of Bitcoin before the US election. Crypto analyst Kyle Chassé believes that one of the main reasons for the recent BTC price plunge is that hedge fund arbitrage trading is gradually fading. Here's how this arbitrage trade works - and why the collapse of the arbitrage trade will send shockwaves to the market. Click to read
3. Castle Securities' entry into the encryption industry has a great impact on the industry
On February 25, Castle Securities will enter the encryption industry and become a liquidity provider for exchanges such as Coinbase and Binance. Castle Securities is the largest market maker on the New York Stock Exchange, with operations in more than 50 countries. It handles about 23% of retail stock transactions in the United States and is known as the "shadow exchange of Wall Street." The institution is good at using high-frequency trading and data analysis to improve market liquidity and trading efficiency, especially in volatile markets. Click to read
4. Those who can survive in the currency circle are not lucky
Many people disdainfully say that those who have experienced several cycles in the currency circle and made a lot of money are gamblers and have good luck. Let me tell you a truth, don't be jealous, those who can get big wealth in the currency circle and keep it, none of them are lucky, don't be unconvinced.
I won’t talk about how many pitfalls there were in ancient times, which were 100% much more thrilling than now. Let’s just talk about now. Those who have made a lot of money and held on to a lot of money, the actions they take with their large positions must have perfectly avoided all of the following things. Click to read
5. Qualitative Meme Coin: How the U.S. SEC Views Meme Coin
To more clearly illustrate the application of federal securities laws to crypto assets, the U.S. SEC's Division of Corporation Finance is issuing an opinion on "Meme Coins". "Meme coins" are crypto assets that are inspired by Internet memes, characters, current events or trends, and whose promoters try to attract enthusiastic online communities to buy meme coins and participate in their transactions. Although individual meme coins may have unique features, meme coins generally have certain common characteristics. Meme coins are often used for entertainment, social interaction, and cultural purposes, and their value is primarily driven by market demand and speculation. In this respect, Meme coins are similar to collectibles. Meme coins also often have limited use or functionality or no use at all. Click to read