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正航奇旅

经济思维看世界,周期思维晓未来
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Sky Protocol Official Disclosure: Last week, 1.9 million USDS were used to repurchase 32.3 million SKY
Sky Protocol Official Disclosure:
Last week, 1.9 million USDS were used to repurchase 32.3 million SKY
隔壁老石
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‘Not a price protection, but a destruction channel: Sky turns 94 million USDS into 'cash flow assets'’
This message, many will take as a 'project buyback'.
But if you really understand DeFi, this is a high-level structural signal.

First, let's clarify the facts at once👇

Sky Protocol official disclosure:

Used 1.9 million USDS last week

Buyback of 32.3 million SKY

Since the buyback plan was launched👇
👉 Total buyback amount: 94 million USDS+

Let me give you a conclusion first👇
This is not an emotional buyback; the 'long-term destruction pipeline' is already running.

1. The 1.9 million USDS buyback itself is not important

Importantly: it is 'continuously happening'

You must understand one thing👇
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The founder uses the so-called DAO to line their own pockets. $AAVE
The founder uses the so-called DAO to line their own pockets. $AAVE
Yield大饼
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The truth behind AAVE's plummet! Summarized, this won't lead to a blowup, right?

The founder transferred the annual fee of 10 million, which should have gone to the community (DAO), directly to their own Aave laboratory, bypassing the community to pocket the profits. As a result, everyone thinks the tokens have no value and are selling off.

1. The fees earned by Aave should have gone into the community wallet to be distributed among everyone.
2. The founder bypassed the community and allocated all the money to their own laboratory.
3. The tokens lost their profit support, causing panic selling among everyone.

Currently, this is the only logic I see. Does anyone know anything else?
#加密市场观察
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$AAVE 99.99% Founders are all using DAO as a tool to achieve centralized control, directing revenue into private pockets. Such people are doing evil.
$AAVE 99.99% Founders are all using DAO as a tool to achieve centralized control, directing revenue into private pockets. Such people are doing evil.
Odaily星球日报
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The second big brother liquidates, can AAVE, caught in opposing sentiments, still be bought?
Original | Odaily Planet Daily (@OdailyChina)

Author | Azuma (@azuma_eth)

The leading lending protocol Aave is caught in a whirlpool of public opinion, with the opposition sentiment between the team and the community continuing to intensify, which has objectively affected the confidence of token holders in the AAVE token itself.

Early this morning, aside from the project party, agreement contracts, and CEX, the second largest AAVE whale has liquidated 230,000 AAVE (worth about 38 million USD), causing a short-term drop of 12% in AAVE. It is reported that this 'second big brother' purchased the AAVE at an average price of $223.4 from the end of last year to the beginning of this year, and today's liquidation average price is about $165, resulting in a final loss of 13.45 million USD.
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Believes that zero-knowledge proofs can meet compliance obligations.
Believes that zero-knowledge proofs can meet compliance obligations.
crypto-trader
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Bullish
#BinanceBlockchainWeek According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) is set to hold a roundtable discussion on December 15, focusing on cryptocurrency, financial monitoring, and privacy. Participants will include notable figures such as Zcash founder Zooko Wilcox.
Analysts suggest that the SEC may use this meeting to assess the regulatory emphasis it can place on crypto privacy projects during its rule-making process. If a consensus is reached that zero-knowledge proofs can fulfill compliance obligations, this flexibility could be integrated into the rules for digital asset brokers, alternative trading systems, and custodians.
However, if the meeting divides into camps viewing privacy as either a right or a facilitator of crime, the SEC might continue with its current monitoring-focused framework, potentially leading privacy advocates to pursue legal action.$ZEC
{future}(ZECUSDT)
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$DOT Polkadot 2.0 Collapse Awakens the Crypto World: The Cost of Complexity and the Victory of Stability
$DOT Polkadot 2.0 Collapse Awakens the Crypto World: The Cost of Complexity and the Victory of Stability
Crypto柚柚
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Polkadot 2.0 Collapse Awakens the Crypto World: The Cost of Complexity and the Victory of Stability
The alarm in the early morning is not a buzz, but a piercing screech. When the consensus layer of the Polkadot relay chain suddenly collapsed during the much-anticipated 2.0 upgrade, and the data stream representing the ecological lifeline on the monitoring screen abruptly changed from bright red to the dead silence of pitch black, the entire crypto world seemed to hear a sound of rupture from the depths of technology. This is not simply a network outage, but a grand system intended to connect myriad chains and build the foundation of the future internet, encountering existential questioning at its most critical evolutionary moment.
In this sudden storm, a profound and urgent question surfaced: When even the most sophisticated decentralized systems can instantaneously come to a halt, where should we place our trust? The market's first reaction is to instinctively seek a safe haven. Amidst panic within and outside the Polkadot ecosystem and the wild fluctuations of DOT prices, on-chain data shows that large amounts of capital are quietly flowing towards a specific type of asset—decentralized stablecoins that do not rely on the life and death of a single blockchain ecosystem and aim to provide absolute stability.
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$BTC dropped to 10,000 US dollars, the crypto circle is at zero.
$BTC dropped to 10,000 US dollars, the crypto circle is at zero.
金色财经
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Bloomberg Analyst: Bitcoin Could Plummet 88% to $10,000 by 2026
【Bloomberg Analyst: Bitcoin Could Plummet 88% to $10,000 by 2026】Golden Finance reports that Bloomberg Intelligence senior commodity strategist Mike McGlone warns that Bitcoin prices face a risk of plummeting 88% to $10,000, expected to reach that level in 2026. McGlone stated on LinkedIn that Bitcoin breaking through $100,000 could trigger a pullback to $10,000. He described the current environment as a "post-inflation deflation" period, believing that a reversal in wealth creation will drive the next economic recession, primarily driven by the collapse of highly speculative, infinitely supplied digital assets. Currently, Bitcoin prices are fluctuating around $90,000, down 30% from the historical high of $126,000 set in October.
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$FIL Heavenly Abandonment Project
$FIL Heavenly Abandonment Project
南山居士Hill价值资讯传递
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The community is furious! Filecoin will not die, and reform will not stop! Reform the Filecoin Foundation (FF) and revive Filecoin!
The community is furious! Filecoin will not die, and reform will not stop! Reform the Filecoin Foundation (FF) and revive Filecoin!

For Filecoin to develop better, it must reform the Filecoin Foundation (FF)! The weakness of FIL and the incompetence and obsolescence of FF bear an irrefutable responsibility!
Warriors of Filecoin!
Today, December 12, 2025, the Filecoin flag is fluttering in the cold wind, and the total network computing power has tragically fallen below 20EiB, precisely at 19.999EiB, setting a new historical low!
In the past 41 days, computing power has plummeted by 1.863EiB, equivalent to 1907.712PiB of flesh being torn apart, with an average daily evaporation of 46.5PiB! Physical storage space has shrunk to 2.5EiB, and DC data has been reduced by 0.15EiB in 41 days. CC data computing power has also shrunk like a severed limb, decreasing by 0.15EiB.
See original
Carving a boat to seek a sword, rearview mirror. How could I know if buying BNB 8 years ago was the right choice? It was just luck. Now holding onto fil, aster, I might be wrong for a lifetime. $BNB $FIL $ASTER
Carving a boat to seek a sword, rearview mirror. How could I know if buying BNB 8 years ago was the right choice? It was just luck. Now holding onto fil, aster, I might be wrong for a lifetime. $BNB $FIL $ASTER
靠币来自由
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This big brother is flaunting his BNB bought 8 years ago, but didn't hold on‼️

This is the reason I hold $ASTER and $FIL .

For the poor, missing out and selling too early is sadder than a crash, just second to liquidation.

Valuable tokens with obvious scarcity are worth going all in once.

The concept of ASTER is DEX, and the current trend is proving that decentralized DEX is more favored by big whales; DEX is likely the future.

Thinking back to when CZ sold his house to go all in on BNB, wasn't that a tremendous gamble?

The current crypto market has matured; as long as you have the guts, anyone dares to sell their house to go all in on BTC.

But BTC has clearly reached the midpoint; when CZ sold his house, he could gamble on a thousand or ten thousand times the odds of BTC.

Now selling a house to go all in on BTC is just risking for a tenfold return.

So, for those with limited capital: choose new coins with potential, and visible potential, to gamble for 100 times, 1000 times, which is more reliable and more cost-effective.

ASTER not only has a good concept and a promising future, but also has CZ as backing, making it completely worth going all in.

The reason to buy FIL is simpler now, as the leader in cloud storage with a trillion market share.

Although FIL has dropped 90%, so what?

The current crash is merely the value of cloud storage not being realized; back when BNB dropped from 1U to 0.09U, wasn't that also a 90% drop?

Decentralization is the future, and AI is even more so.

The concept of AI is an industrial leap that matches the internet, surpassing BTC.

So I also went all in on the AI giant $TAO .

Since we are certain that AI is the future, and TAO can match BTC, then FIL must have value.

The current state of AI is a war of computing power and electricity; once electricity and computing power are resolved, the vast amount of redundant data accumulated under that power will definitely need cloud storage.

In the real world, Alibaba Cloud is respected, while in blockchain, FIL is respected.

Alibaba's current market value is around 500 billion; after Alibaba Cloud explodes, it will at least reach 2 trillion.

After the explosion of AI, FIL's market value reaching Alibaba's 500 billion is not too much, right?

ASTER, I bet it will be the future DEX concept of BNB.

TAO, I bet it will be the future AI concept of BTC.

FIL, is certain that storage is a necessity; the future will definitely be an era lacking in storage.

These three, buy, hold, buy more when it drops, until they explode😎

{future}(TAOUSDT)
{future}(FILUSDT)
{future}(ASTERUSDT)
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$ZEC $ZEC The so-called encryption and decentralization essentially mean the removal of sovereignty and regulation; thus, decentralization, removal of sovereignty, and removal of regulation equate to privacy; therefore, privacy is a strong demand, a primary demand, a core demand; it is not optional, it is essential, it is a necessary component, it is at the core of encryption; privacy equals encryption, encryption equals privacy. Zcash trillion!
$ZEC $ZEC The so-called encryption and decentralization essentially mean the removal of sovereignty and regulation; thus, decentralization, removal of sovereignty, and removal of regulation equate to privacy; therefore, privacy is a strong demand, a primary demand, a core demand; it is not optional, it is essential, it is a necessary component, it is at the core of encryption; privacy equals encryption, encryption equals privacy. Zcash trillion!
See original
$ZEC Zcash price will reach $10,000 - $100,000 between 2026 and 2030, corresponding to 10% of $BTC By 2026, Zcash will have significant advancements as privacy issues become mainstream. Several factors will influence the price of the ZEC cryptocurrency: - Regulatory clarity on privacy coins in major jurisdictions - Increased institutional interest in privacy protection technology - Technological advancements in zero-knowledge proof systems - Growing adoption in regions with financial monitoring concerns If Zcash maintains its technological edge and successfully navigates regulatory challenges, the price prediction for Zcash in 2026 could see a substantial increase from current levels. Trillion!
$ZEC Zcash price will reach $10,000 - $100,000 between 2026 and 2030, corresponding to 10% of $BTC
By 2026, Zcash will have significant advancements as privacy issues become mainstream. Several factors will influence the price of the ZEC cryptocurrency:
- Regulatory clarity on privacy coins in major jurisdictions
- Increased institutional interest in privacy protection technology
- Technological advancements in zero-knowledge proof systems
- Growing adoption in regions with financial monitoring concerns
If Zcash maintains its technological edge and successfully navigates regulatory challenges, the price prediction for Zcash in 2026 could see a substantial increase from current levels. Trillion!
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$ZEC Slowly rising, there's no need to pull so hard all of a sudden; being too strong can lead to breakage. Slow and steady for a long bull market! Trillions!
$ZEC Slowly rising, there's no need to pull so hard all of a sudden; being too strong can lead to breakage. Slow and steady for a long bull market! Trillions!
See original
$ZEC The so-called encryption and decentralization means that the core significance is to remove sovereignty and regulation; therefore, decentralization, removal of sovereignty, and removal of regulation mean privacy; thus, privacy is a strong need, a primary need, a core need, it is not something optional, it is essential, it is a must-have, it is the core of encryption; privacy equals encryption, encryption equals privacy. Zcash trillion!
$ZEC The so-called encryption and decentralization means that the core significance is to remove sovereignty and regulation; therefore, decentralization, removal of sovereignty, and removal of regulation mean privacy; thus, privacy is a strong need, a primary need, a core need, it is not something optional, it is essential, it is a must-have, it is the core of encryption; privacy equals encryption, encryption equals privacy. Zcash trillion!
隔壁老石
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"ZEC Suddenly Under Scrutiny, Not Nostalgia, But 'Regulatory Reverse Trading' Has Begun"
ZEC has been discussed again these past few days,
Many people's first reaction is: What year is this old coin from?

But those who truly understand the market will realize one thing immediately:

👉 This is not a nostalgic market; it is a reversal triggered by regulatory logic.

1. The reappearance of ZEC is not a price issue, but an "existence issue"

You need to first clarify one thing:

ZEC has never survived on narratives,
Its only meaning of existence is—privacy.

When the market is calm and regulations are loose,
Privacy is "optional".

But when the environment starts to change,
Privacy will come from "corner demand",
See original
$XPL $stable The favored son is no longer useful, regardless of who his biological father is; the market will expose its true nature. Only when the tide goes out do we see who is swimming naked.
$XPL $stable The favored son is no longer useful, regardless of who his biological father is; the market will expose its true nature. Only when the tide goes out do we see who is swimming naked.
机灵的杰尼君
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Perhaps this is the epitome of all VC coins. Previously, there was a debate over whether $XPL or $Stable was the top stablecoin, the favored child of Tether.

Now it's settled, there's no need for competition anymore; everyone is on the same level. $XPL at least managed to get listed on @binancezh and had a price surge;

Meanwhile, the insider trading and makeshift team @stable hasn't even launched on spot markets, and their contracts have been in a constant decline.

For the upcoming TGE projects, it's highly likely that the launch will lead to a sell-off.
See original
$ZEC $BTC $ETH The real boss is the market. The market is the real BOSS.
$ZEC $BTC $ETH The real boss is the market. The market is the real BOSS.
See original
$PENDLE Big capital is the same as small retail investors; buying does not guarantee profits, and in the end, it can also lead to losses. The true boss is the market.
$PENDLE Big capital is the same as small retail investors; buying does not guarantee profits, and in the end, it can also lead to losses. The true boss is the market.
余烬Ember
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The institution that accumulated 4.114 million $PENDLE (worth $13 million) at an average price of $3.16 from March to September should be Polychain Capital.

All of these PENDLE were transferred to FalconX 8 hours ago, but the current PENDLE price has dropped to $2.19. This means that they have incurred a loss of $3.99 million on these PENDLE.
See original
$BTC $ETH $SOL The long-term trend is upward, the short-term is just noise, and the process is volatile and chaotic. If you hold on, you can achieve great gains. Don't be misled by short-term noise; a certain future is waiting for you. All processes are just noise.
$BTC $ETH $SOL The long-term trend is upward, the short-term is just noise, and the process is volatile and chaotic. If you hold on, you can achieve great gains. Don't be misled by short-term noise; a certain future is waiting for you. All processes are just noise.
靠币来自由
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Everyone is mocking Majige, asking if the pipes at home are clogged, flowing money.

I can only say: mocking Majige is the most shortsighted thing, mocking Majige and believing in faith is a lack of understanding.

Satoshi Nakamoto, Vitalik Buterin, Zhao Changpeng, Sun Yuchen… all these big names have set an example: only those who believe in BTC for the long term can become big winners.

After 16 years of BTC development, blockchain has become the new investment direction.

In the entire cryptocurrency world, besides BTC, there are also coins like $ETH and $SOL that have high security, stable income sources, deep moats, and will not be easily replaced.

Shorting may make money for a while, but over a longer time, only the bulls can thrive.

Majige's strategy is very simple: low leverage long on ETH and SOL, occasionally choosing popular altcoins like $HYPE .

ETH, the king of public chain wars, digital oil, the existence closest to BTC.

SOL, the rising star of public chains, is the most likely to surpass ETH in potential among all public chains.

HYPE, although it's an altcoin, has high popularity, and the concept is very hot; it won't go to zero in a short time.

The contracts that Majige opened are the most loved by spot traders, the hardest to go to zero.

In other words: Majige's strategy is actually a buy-and-hold strategy for spot traders, only he magnifies income and risk with leverage.

Majige's operations will make one doubt life during volatile markets and bear markets.

But as long as the market turns around, there's no need for a super bull; just a big rise or a small bull can lead to great profits.

Majige can face liquidation countless times; he just needs to win once to turn everything around🔥

This is Majige's battle strategy.

This is the most steadfast belief: only go long, only believe that cryptocurrency is in a long bull market, never a bear market; all declines are just for washing positions, solely to better pump prices.

Of course… ordinary people should refrain from playing the Majige mode unless you have already 'won' once.
{future}(HYPEUSDT)
{future}(SOLUSDT)
{future}(ETHUSDT)
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Arkham can only track some Zcash transparent addresses.
Arkham can only track some Zcash transparent addresses.
動區 BlockTempo
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Arkham exposes Zcash's 'privacy nakedness', why has Wall Street capital instead breathed a sigh of relief?
Arkham flips the Zcash (ZEC) privacy myth, with 53% of transactions marked but no crash triggered, as the market reevaluates the compliance value of 'partial transparency'. (Background: Arkham counters Michael Saylor: has found Strategy 87% Bitcoin addresses) (Supplementary background: Arkham launches a derivatives exchange! Early points can be airdropped for $ARK, good news surged 17% intraday) The U.S. federal government combats gray assets through on-chain data, with 127,000 BTC of the Prince Group's Chen Zhi being confiscated, and Qian Zhiming being caught laundering 60,000 BTC, triggering a capital influx into Zcash (ZEC) seeking refuge, with prices surging to $750 in early December, and shielded transaction volume skyrocketing by 6 times in 24 hours. However, today (December 9), Arkham Intelligence launched the 'Ultra' algorithm, directly targeting Zcash's defenses, causing the market to enter a high alert state. Arkham draws its sword, the privacy coin myth is shattered. According to the latest data, Ultra has marked 53% of Zcash transactions, covering a historical flow of $420 billion, and mapped 48% of the sending and receiving addresses to entities, with approximately $2.5 billion in balances (accounting for 37% of supply) being 'named'. Ultra compares timestamps, amount distributions, and exchange paths through multimodal graph neural networks, exposing shielded outputs to a visualized dashboard. Arkham emphasized in a statement: Ultra raises Zcash's transparency to 53%, zero knowledge no longer equals zero footprint. The previously regarded black box of the shielded pool is now auditable like Bitcoin, and the myth of absolute anonymity is instantly shattered. Why didn't the funds escape? Theoretically, total privacy destruction is a nuclear-level bearish signal, and prices should plummet in sequence. However, ZEC did not crash, only falling back to a $400 support intraday, with a cumulative increase of 237% this year. Internal trading data shows that in the past week, among large on-chain transfers (>100,000 ZEC), 62% still flowed to regulated exchanges, rather than reentering the shielded pool. Cypherpunk Holdings even took the opportunity to increase their holdings, with stock prices doubling simultaneously. Panic premiums and compliance expectations are mutually offsetting, shaping an unexpectedly resilient market. Although privacy black boxes can 'hide money', they keep large custodial institutions at bay; Monero being delisted is a good prior lesson. Arkham's de-anonymization unlocks partial auditability for Zcash, reducing the ultimate risk of a comprehensive ban. There are circulating claims from fund managers stating that 'only a semi-transparent ZEC could gain regulatory favor when applying for an ETF.' Related reports: 10 ways to protect your privacy footprint, don’t run naked on-chain. Following smart money to earn passively) Arkham tracks on-chain data, whale movements, and visualizes cash flow in a complete tutorial. "Arkham exposes Zcash's 'privacy nakedness', why has Wall Street capital instead breathed a sigh of relief?" This article was first published on BlockTempo (BlockTempo - the most influential blockchain news media).
See original
$ZEC has recently become the focus of the market, with multiple factors driving its value reassessment: 1. Binance has obtained regulatory approval in Abu Dhabi, officially opening the compliance door in the Middle East, and the access for traditional oil capital to enter has injected a strong boost into the privacy coin sector. 2. The explosive growth of Grayscale's trust holdings and endorsements from well-known institutions have further strengthened market confidence. 3. The approaching halving cycle is fermenting expectations of scarcity. 4. Technical upgrades continue to promote cross-chain privacy application scenarios. 5. ZEC, leveraging its underlying architecture of zero-knowledge proofs, highlights its unique advantages in a tightening regulatory environment, with a significant increase in on-chain privacy trading activity. 6. Currently, the short positions in the contract market are facing large-scale liquidations, and the negative funding rate indicates that the main players are clearly entering the market. 7. Regulatory risk remains the biggest variable, but the influx of Middle Eastern funds combined with the recovery of privacy demand provides strong short-term support. Trillions! $BTC $ETH
$ZEC has recently become the focus of the market, with multiple factors driving its value reassessment:
1. Binance has obtained regulatory approval in Abu Dhabi, officially opening the compliance door in the Middle East, and the access for traditional oil capital to enter has injected a strong boost into the privacy coin sector.
2. The explosive growth of Grayscale's trust holdings and endorsements from well-known institutions have further strengthened market confidence.
3. The approaching halving cycle is fermenting expectations of scarcity.
4. Technical upgrades continue to promote cross-chain privacy application scenarios.
5. ZEC, leveraging its underlying architecture of zero-knowledge proofs, highlights its unique advantages in a tightening regulatory environment, with a significant increase in on-chain privacy trading activity.
6. Currently, the short positions in the contract market are facing large-scale liquidations, and the negative funding rate indicates that the main players are clearly entering the market.
7. Regulatory risk remains the biggest variable, but the influx of Middle Eastern funds combined with the recovery of privacy demand provides strong short-term support.
Trillions! $BTC $ETH
See original
$ZEC has recently become the market focus, driven by multiple factors for its value reassessment: 1. Binance obtained regulatory approval in Abu Dhabi, officially opening the compliance door in the Middle East, and the opening of traditional oil capital channels provides a strong boost for the privacy coin sector. 2. On the technical side, ZEC's unique advantages are highlighted in a stringent regulatory environment due to its underlying architecture based on zero-knowledge proofs, leading to a significant increase in on-chain privacy transaction activity. 3. The dramatic increase in Grayscale Trust holdings and endorsements from well-known institutions further strengthen market confidence. 4. The scarcity expectations brought by the approaching halving cycle are fermenting. 5. Currently, the short positions in the contract market are being massively liquidated, and the continuous negative funding rate indicates clear signs of major players entering. 6. Technical upgrades are continuously promoting cross-chain privacy application scenarios. 7. Regulatory risks remain the biggest variable, but the combination of Middle Eastern funds and the recovery of privacy demand constitutes strong short-term support. Trillion!
$ZEC has recently become the market focus, driven by multiple factors for its value reassessment:
1. Binance obtained regulatory approval in Abu Dhabi, officially opening the compliance door in the Middle East, and the opening of traditional oil capital channels provides a strong boost for the privacy coin sector.
2. On the technical side, ZEC's unique advantages are highlighted in a stringent regulatory environment due to its underlying architecture based on zero-knowledge proofs, leading to a significant increase in on-chain privacy transaction activity.
3. The dramatic increase in Grayscale Trust holdings and endorsements from well-known institutions further strengthen market confidence.
4. The scarcity expectations brought by the approaching halving cycle are fermenting.
5. Currently, the short positions in the contract market are being massively liquidated, and the continuous negative funding rate indicates clear signs of major players entering.
6. Technical upgrades are continuously promoting cross-chain privacy application scenarios.
7. Regulatory risks remain the biggest variable, but the combination of Middle Eastern funds and the recovery of privacy demand constitutes strong short-term support.
Trillion!
See original
$ZEC the initial trend is the same as $BTC , with significant fluctuations, but the trend is upward. Trillions!
$ZEC the initial trend is the same as $BTC , with significant fluctuations, but the trend is upward. Trillions!
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