加密梦想bn2017

Remind everyone to be careful of their transaction fees being secretly withheld by others.

Binance currently supports a direct rebate of 20% on contract trading fees, but many large team leaders may not proactively help members set this up because once it is set, it cannot be changed, and they cannot falsify the rebate ratio.

Some team leaders might do the following to deceive:

1. Lure you in with a high ratio to join, gain your trust over a few weeks, and then secretly lower the rebate ratio;
2. You generally won't check the transaction fee details weekly, and they take advantage of this to quietly reduce the rebate;
3. Some may even run away later on.

It is advised to stay vigilant. If the direct rebate of 20% is not set, please be sure to verify carefully.
If it has not been set yet, you can register and lock in a transparent rebate through the following link:
Invite code: ethan888
Registration rebate link: https://www.maxweb.cab/join?ref=ETHAN888

According to EmberCN monitoring, the large holder known as "BTC OG Insider Whale" has not continued to increase their position in the last two days, nor have they decreased it, but instead chose to hold firm on this nearly 700 million USD long position.\n\nAs the market continues to decline, their overall long position currently has an unrealized loss of approximately 73.18 million USD.\n\nThe specific position structure is as follows:\n\t•\tETH Long Position\n\t•\tQuantity: 191,000 ETH (approximately 540 million USD)\n\t•\tOpening Price: 3,167 USD\n\t•\tCurrent Unrealized Loss: 64.28 million USD\n\t•\tLiquidation Price: 2,083 USD\n\t•\tBTC Long Position\n\t•\tQuantity: 1,000 BTC (approximately 86.15 million USD)\n\t•\tOpening Price: 91,506 USD\n\t•\tCurrent Unrealized Loss: 5.35 million USD\n\t•\tSOL Long Position\n\t•\tQuantity: 250,000 SOL (approximately 30.83 million USD)\n\t•\tOpening Price: 137.5 USD\n\t•\tCurrent Unrealized Loss: 3.55 million USD\n\nThe key is not how much is lost,\nbut rather: they neither added to their position nor set a stop loss.\n\nThe choices of such whales are often not based on short-term judgments,\nbut rather on a funding structure with a longer cycle and higher tolerance.\n\nThe more panic in the market,\nthe more it reveals who is "trading the market",\nwho is "holding through the cycle".\n$BTC $ETH\n$BTC \n

CZ speaks very directly:
The traditional financial window has long been sealed,
AI entrepreneurship relies on computing power and capital.

But in the crypto industry:
There is zero entry threshold,
Players are still in the early stages,
Ordinary people still have a chance.

This is its biggest attraction.
$BTC

Maji is really not willing to lose. He has started to long Ethereum $ETH

Tom Lee's recent comments have actually clarified the intuition of many people.

He mentioned a very simple comparison:
Currently, there are about 4 million wallets holding more than $10,000 in BTC; meanwhile, globally, the number of retirement accounts and securities brokerage accounts is close to 900 million, with the average account size also around the $10,000 mark. This means that from the perspective of the 'configurable population', crypto assets are still far from reaching a true ceiling, and the potential space is not a linear growth but a difference in magnitude.

He also did not shy away from short-term disturbances.
Concerns about quantum computing and the deleveraging event in October have indeed happened and have affected sentiment. However, in his view, these are more like phase noise rather than the trend itself.

The real change is at the structural level.
The United States has passed legislation and regulatory frameworks that are relatively friendly to crypto, and Wall Street is beginning to seriously discuss how to build financial products on the blockchain. This is not just retail enthusiasm; rather, the system is gradually opening the door.

Therefore, his judgment is very restrained:
The visibility of direction and prospects is high, but prices remain full of uncertainty.
In other words, the story is still in its early stages, volatility will still exist, but whether 'this is a path' has become increasingly clear. $BTC $ETH $SOL

In recent weeks, the discussion around Hyperliquid has clearly changed.

On the surface, it's a decline in market share, an increase in competitors, and a crowded derivatives space, leading to the natural question: has it already peaked?

Let's go back to the first phase.
From 2023 to mid-2025, Hyperliquid was almost the ruler of perpetual DEXs. Incentive rewards, new contract launches, pre-listing trading, strong UI/UX, low fees, and stability combined to 'force' liquidity to concentrate in one place, with market share once soaring to 80%. That was a phase with almost no competitors.

The turning point came after May 2025.
Hyperliquid proactively shifted from B2C to B2B, positioning itself as the 'AWS of liquidity'. It no longer pursued making all products itself, but instead handed over the infrastructure to developers, allowing others to build the frontend and market using HIP-3 and Builder Codes.

The problem is that this choice is not friendly in the short term.
Infrastructure takes time to be adopted, while competitors maintain vertical integration, launching products faster and with more aggressive incentives. Coupled with the 'employment-type liquidity' brought by the incentive season, trading volumes are naturally diverted, and market share quickly declines.

However, if you only look at market share, you might miss the real signal.
HIP-3 has already started to emerge in some atypical markets, such as perpetual stocks, stablecoin-exclusive terminals, and niche asset speculation. These are not aimed at short-term volume grabs, but rather at expanding 'what can be traded'.

The real key is the synergy effect.
Once the frontend connects to Hyperliquid, it can simultaneously distribute all HIP-3 markets, developers will be motivated to join, and liquidity will re-aggregate.

So this feels more like a rhythm switch.
In the short term, it looks like a tide receding, but in the long term, the structure is still converging towards centralization. Whether it succeeds depends on time, not on the market share curve of the next month. $HYPE

Regarding the next Chairman of the Federal Reserve, market expectations are clearly shifting.

The signals from the prediction market are very direct.
On Polymarket and Kalshi, the odds of former Federal Reserve governor Kevin Warsh have risen sharply, surpassing Kevin Hassett to become the current front-runner. Meanwhile, Hassett's odds have significantly declined from his previous absolute lead.

This change is not coincidental.

When asked about related issues, Trump himself clearly stated that Warsh “Yes, I think he is,” although he emphasized that there is more than one candidate, but the attitude is already clear enough. More importantly, JPMorgan CEO Dimon publicly supports Warsh, calling him “going to be a great chairman.” Such statements carry weight in the context of Federal Reserve candidate discussions.

In contrast, the issue with Hassett is not professional ability, but political distance.
According to media reports, he was originally seen as the “next-in-line,” but has recently been questioned due to his close relationship with Trump. The position of Federal Reserve Chairman is one where the market has always valued independence over stance. It is also in this context that the previously canceled candidate interviews have been rescheduled, and Warsh has already completed the relevant processes.

This round of changes indicates not who is “more favored,” but rather the system's self-correction.
In a phase where monetary policy is highly sensitive, credibility and independence are re-emphasizing their importance over closeness and labels.

What is truly worth observing next is not the odds themselves, but whether the market will price in the policy style of the “Warsh era” in advance. $BTC
$ETH

The Nasdaq is pushing forward with what seems like a "technical" matter, but one with far-reaching implications.

It plans to submit documents to the SEC to formally advance U.S. stock trading to five days a week, nearly around the clock. The trading hours will extend from the current 16 hours to 23 hours, leaving only 1 hour for system maintenance and clearing. This is not a pilot discussion, but the first step into the regulatory process, with a target timeline pointing to the second half of 2026.

If we look at the surface, this is to meet the global investors' demand for trading U.S. stocks.
The U.S. stock market accounts for nearly two-thirds of the global market value, with foreign investors holding $17 trillion in U.S. stocks, and the world does not only wake up on New York time.

But more importantly, this is a structural change.

First, the U.S. stock market is further transforming into a "global asset."
The extension of trading hours essentially acknowledges that pricing power is no longer entirely held by domestic U.S. funds, but is a continuous process across time zones.

Second, traditional finance is actively approaching validated models in the crypto market.
7×24 is not a new concept; it has just been happening in off-exchange, ATS, and non-mainstream systems in the past. Now, major exchanges are preparing to bring it back into a centralized system.

Of course, opposing voices are also clear.
Wall Street banks worry about liquidity being diluted, volatility being amplified, and return structures being uncertain. These concerns are not unfounded, as every instance of "transaction continuity" will face these issues.

But one thing is already irreversible:
When price discovery is no longer segmented by the bell, the market will shift from the rhythm of "opening-closing" to a state of "continuous pricing."

This is not simply delayed trading,
but rather financial markets adapting to a truly globalized, information-uninterrupted world. $BTC $ETH $

SEC Chairman Paul Atkins spoke very frankly at a cryptocurrency roundtable.

He acknowledged that there is not a zero-sum game between national security and personal privacy, and that there is a path that can accommodate both. But the premise is that the instinct of regulation cannot run amok. Because blockchain is highly efficient in terms of "related transactions and identity," if the direction is misguided, cryptocurrency may evolve into the strongest financial surveillance system in history.

His warning actually points to an extreme scenario:
If the government treats every wallet as a broker, views every software as a trading platform, defines every transfer as a mandatory reporting activity, and considers every protocol as a natural surveillance node, then this ecosystem will ultimately turn into a financial version of a panoramic prison.

This is not opposition to regulation, but a reminder of boundaries.
Technology itself is neutral, but institutional design determines whether it is a tool or a shackle.

Atkins's position is very clear:
Innovation can be regulated, but not at the expense of personal freedom. A truly mature framework is not about "seeing everything," but knowing when not to look.

The significance of this statement is that it has placed "privacy risk" on the regulator's own desk for the first time.
What the market will observe next is not the attitude, but whether this vigilance will truly be reflected in the rules. $BTC
$ETH

BitMine is doing something that is rarely discussed seriously.

Company chairman Tom Lee stated that the amount of Ethereum held by BitMine is close to 4% of the total ETH supply, and the stance is very clear—these ETH will not be sold. Meanwhile, the company is still accelerating its purchasing pace.

This statement itself is more important than the numbers.

According to him, if these ETH were all staked now, they could generate more than 1 million dollars in net income daily. This means that for BitMine, Ethereum is not an "asset waiting for appreciation," but rather a set of already functional, sustainable cash flow tools.

The signals here are twofold:

First, ETH is being treated as a "productive asset."
It is not a trading target, nor a strategic reserve, but rather exists similarly to equity in infrastructure, continuously generating dollar-denominated returns.

Second, concentrated holdings are no longer being avoided.
When institutions choose to clearly express "never sell," they are essentially betting on the long-term stability of the network, rather than short-term price fluctuations.

Such behavior is not on the same level as retail trading logic.
They are not discussing ups and downs, but rather control, yields, and time.

If the focus in the past few years was on "who is buying,"
then what may be more important next is: who bought and has no intention of selling.$ETH

The Ministry of Finance of Pakistan has signed a non-binding Memorandum of Understanding (MoU) with Binance,
The core content has only one keyword: Sovereign Asset Tokenization.

According to disclosures, both parties will explore bringing assets worth up to 2 billion dollars on-chain, including:
• Sovereign Bonds
• Treasury Bills
• Commodity Reserves

Meanwhile, the Pakistan Virtual Assets Regulatory Authority has preliminarily approved
Binance and HTX to initiate the local licensing application process.

More crucially, the background is:
Pakistan has previously announced plans to launch a National Stablecoin,
which is part of a larger digital financial reform initiative.

This means:
• Cryptocurrency is no longer just a "transaction layer application"
• It is entering the realms of national debt, fiscal instruments, and sovereign credit
• Binance is beginning to deeply engage in "national-level financial infrastructure"

When a country chooses to put government bonds and reserves on-chain,
this is no longer speculation, but a reconstruction of the financial structure.$BTC

For contract newcomers, the most important thing is not to make money, but to stay alive.
Let's start with the conclusion:
If you can't control your emotions, the contract will definitely wipe you out.
The easiest traps for newcomers:
Using contracts as a tool for getting rich
Starting with 20x, 50x
Not setting stop losses, relying on the "feeling that it will rebound"
After losing, increasing positions, hoping to recover in one go
These behaviors almost all lead to the same outcome.
Three life-saving lines for newcomers:
1️⃣ Single loss should not exceed 2%-3% of the principal
2️⃣ Must set stop losses, if wrong, admit it
3️⃣ Leverage ≤5x, avoid using it if possible
The harsh but true fact:
An annualized return of 30% is already very excellent
90% of following trades and calls are long-term losses
Indicators often fail in extreme market conditions
A timeline for newcomers:
Month 1: Only trade BTC / ETH, with small positions
First 100 trades: ≤100U, consider it tuition
If you can survive for 6 months, then consider adding funds
Remember this:
The market is not lacking in opportunities, but lacks people who can survive.
$BTC
$ETH

Circle has officially obtained a banking license under the OCC (Office of the Comptroller of the Currency).
This means one thing:

Stablecoins have truly entered the U.S. federal banking system for the first time.

Circle is no longer just a "tech company issuing USDC,"
but has directly become a participant in the federally regulated financial infrastructure.

⸻

1️⃣ What is the OCC?

The OCC (Office of the Comptroller of the Currency)
is one of the highest-level regulatory agencies in the U.S. banking system.

National banks like JPMorgan Chase, Citibank, and Bank of America
operate under the regulatory framework of the OCC.

Obtaining banking qualifications within the OCC system
means Circle has officially entered the "regular army of Wall Street."

⸻

2️⃣ Direct changes for Circle

Previously:
The U.S. dollar reserves of USDC needed to be held in third-party banks.
Once a bank encountered problems (such as the SVB incident),
USDC could face risks of freezing or decoupling.

Now:
Circle itself has banking-level custody capabilities,
can directly hold cash and U.S. Treasuries,
and the fate of USDC no longer relies on third parties.

This is a structural upgrade in the safety of USDC.

⸻

3️⃣ Significance for USDC

USDC is no longer just a "compliant stablecoin,"
but operates as a digital dollar within the federal regulatory framework.

The differences with USDT have been thoroughly highlighted:
• USDT: offshore, shadow dollars, outside regulation
• USDC: federally regulated, directly adoptable by institutions

This is a difference in level, not just a marketing distinction.

⸻

4️⃣ What will happen next?

Many things were not previously done because they could not be done:
• Pensions
• Insurance funds
• Interbank settlements
• Large asset management margins

Now, they can compliantly use USDC.

This is not a "good news for the crypto circle,"
but a passport for USDC to enter the global financial settlement layer.

⸻

5️⃣ Compliance means clearing the field

In the past, S&P's risk stratification of stablecoins
showed that USDC was clearly superior to USDT.

And with the implementation of the "Stablecoin Act":
• USDC will be systematically included
• USDT will likely be excluded from the compliance system

This is not an emotional judgment, but a result determined by the regulatory path.

The competition among stablecoins has shifted from a market dispute to an institutional dispute. $BTC

At this year's Bitcoin conference in Las Vegas, Donald Trump Jr. publicly stated:

"Cryptocurrency has become a core part of our business."

Looking back now, this statement is not just a gesture but a tangible result of wealth.
Latest estimates show that his personal fortune has surged from about $50 million in 2024 to approximately $300 million.

This surge in wealth primarily comes from cryptocurrency-related ventures:
• World Liberty Financial (WLFI)
• WLFI stablecoin business
• Unlocked World Liberty tokens
• Equity in American Bitcoin mining companies

Meanwhile, he is also thriving in non-cryptocurrency fields:
• Holding a SPAC company, New America Acquisition I Corp, with 2 million shares that brought in $20 million in floating profits after the stock price surpassed $10
• Holding approximately $10 million in stocks of several politically affiliated companies
• Properties in New York and Jupiter, Florida, each increasing by about $500,000 over the past year, for a total valuation of about $12 million
• With the appeals court overturning the fines against the Trump Organization in the fraud case, his net worth increased by about $5 million

From the political and business elite to actively investing in cryptocurrency assets,
The Trump family has already placed their bets on the side of the new financial system.
$BTC
$SOL

The Southern District Court of New York gave Do Kwon a clear conclusion.

Due to systemic fraud in the collapse of Terra / Luna, he was sentenced to 15 years in prison, exceeding the 12 years originally proposed by the prosecution and far surpassing the 5 years sought by his lawyer.

This is a typical outcome:
Not the failure of the project itself, but the continuous lying, misleading the market, and manipulating structures, ultimately pushing the matter to a criminal level. The judge's words were very straightforward—he chose to lie and chose the wrong path.

If he did not plead guilty, the theoretical maximum sentence was 135 years; after admitting to two core charges, the sentence was compressed to a maximum of 25 years, ultimately landing at 15 years. This is already a relatively rational version that can be given within the system.

The real signal of this matter lies not in Do Kwon himself, but in a trend:
The crypto market is moving from a "result-oriented" approach to a "behavior-oriented" one.
Whether a project can succeed is one thing, whether it constitutes fraud is another, and the latter is beginning to be strictly settled.

In the future, he may still face judicial proceedings in South Korea.
For the industry, this is not about settling old accounts, but rather about the rules being rewritten clearly.$BTC

At the "Russia is Calling!" investment forum, Putin rarely stated:
New payment tools, including Bitcoin, are unstoppable.

Putin's original words:

"Bitcoin, who can prohibit it? No one."
"No electronic payment tool can be banned, this is new technology."
"No matter what happens to the dollar, these tools will continue to develop because everyone will strive to reduce costs and improve reliability."

He further pointed out:
If the usage rate of the dollar continues to decline globally, it will directly undermine the foundation of American economic power.

Putin even posed a sharp question:

"If foreign exchange reserves can be so easily confiscated, why accumulate them at all?"

He criticized the U.S. government for weaponizing the dollar as a political tool,
which is precisely driving more and more countries to turn to alternative assets, including cryptocurrencies.

This is also the first time that the Russian president has clearly expressed in public:
The rise of crypto assets is no longer determined by the state, but is a global structural trend.
$BTC

CZ said in an interview that 2026 will be a super bull market $BTC

Bitwise Chief Information Officer Matt Hougan stated that with tokenization, Bitcoin, and stablecoins gaining mainstream recognition over the next decade, cryptocurrencies are expected to achieve 10-20 times growth. Hougan quoted Paul Atkins, Chairman of the U.S. Securities and Exchange Commission, saying that all U.S. stocks will move to on-chain trading, indicating that the market has tremendous growth potential.
$BTC

⚡Major new regulations implemented: Individuals can withdraw 50,000 without mandatory registration, banks will no longer apply a one-size-fits-all approach!

The People's Bank of China, the National Financial Regulatory Administration, and the China Securities Regulatory Commission jointly released the latest "Measures".
The much-anticipated regulation has been officially clarified:
"Individuals withdrawing more than 50,000 must register the source of funds" — has been canceled.

This means:
• In the future, withdrawing 50,000 or 100,000 at the bank will no longer require "everyone to be questioned"
• Banks will no longer apply a one-size-fits-all approach, but will classify handling based on risk levels

According to the new regulations:
• High-risk situations: Banks need to "strengthen investigations" to understand the source and use of funds
• Low-risk clients/low-risk scenarios: Simplified measures can be taken, without layers of questioning

The core shift is:
Regulation has changed from "coarse granularity, uniform management" to "risk-based, precise regulation".

This is a clear convenience for ordinary people;
For financial institutions, it is a more refined anti-money laundering system.
$BTC

Korean tech giant Naver (the Korean version of Google) suddenly released significant news:
It will acquire Dunamu, the parent company of South Korea's largest cryptocurrency exchange Upbit, through its financial subsidiary Naver Financial, in an all-stock transaction worth 10.3 billion USD.

After the transaction is completed:
• Dunamu will become a wholly-owned subsidiary of Naver Financial
• Naver will fully accelerate its digital asset strategy
• The local version of the "tech × finance × crypto" ecosystem in South Korea will officially take shape
• The issuance of the Korean won stablecoin will also speed up as a result

It is important to note that Upbit holds over 80% of the South Korean cryptocurrency trading market,
which means it is the main entry point for Koreans to buy and sell digital assets, and in the future, it will be directly integrated into the Naver ecosystem.

This deal is not only domestic news but could also change the entire Asian crypto landscape:
When an internet giant acquires the largest exchange,
the next round of competition in the crypto industry will no longer just be between exchanges but between tech giants.
$BTC
$ETH