$ETH Sun Ge (Dog) surprisingly can publish a book now, how many people have been cut before he came up. "You can come to Sun Ge's place to have fun, Sun Ge welcomes you. But if you still want Sun Ge's money, Sun Ge can only say sorry to you." This guy is almost universally criticized in the cryptocurrency circle: In 2018, the white paper of TRON (TRX) was accused of large-scale plagiarism of Filecoin and Ethereum code, Sun Yuchen argued it was a translation error, claiming it was meaningless in business. After the ICO, he sold off and cut the leeks: In early 2018, Sun Yuchen sold 6 billion TRX for 300 million dollars, and the next day the currency price plummeted by 20%, earning him the nickname "Sun Ge" in the cryptocurrency circle. Buffett lunch appointment cancellation scandal: In 2019, he bought a lunch with Buffett for 4.56 million dollars, later claimed he canceled due to kidney stones, suspected of hype and illegal fundraising money laundering. Imitation super representative pyramid scheme: In 2019, the "TRON Super Community" used the name of TRON for pyramid selling to defraud 30 million dollars, with victims surrounding the office. Acquisition of Steemit community resistance: After acquiring Steemit in 2020, he attempted to control the Steem chain, the community soft-forked to freeze his tokens, triggering decentralization controversy. SEC fraud market manipulation charges: In 2023, the U.S. SEC sued Sun Yuchen for unregistered sales of TRX/BTT, over 600,000 wash trading transactions, and paying celebrities to hide promotions. High-profile marketing and excessive hype: He has repeatedly piggybacked on hot topics to confront celebrities, and his charity donations have been criticized as bundled marketing, with employees revealing that Huobi is hiding layoffs, suspected of operating on the moral edge.
After reading Duan Yongping's settlement statement, I silently closed the account in my hand and fell into deep thought. Starting with 2 million dollars, he now has 20 billion dollars. This is not investment, but clearly a dimensionality reduction strike. Back then, when NetEase dropped to a few dimes as a 'junk stock', he dared to go all in, making over 100 million dollars in six months. He then stealthily entered Apple in 2011, having an insight sharper than Buffett, who only belatedly entered the market in 2016. The most ironic thing is that he was also active in the A-share market, throwing 100 million into Moutai in 2013, which has now turned into 2 billion yuan. This performance is already top-tier in the domestic market, but compared to his 14 billion dollar earnings in the US stock market, it's simply a drop in the bucket. We are in the mud, killing ourselves over a two-point rise and fall, while he casually casts his net in the ocean and has a fortune worth hundreds of billions. One has to admit, if the timing is right, even a pig can fly; if the pool is chosen wrong, even a dragon has to curl up. $BNB {future}(BNBUSDT)
If someone told you that a 30-year-old curly-haired youth could build a financial empire greater than the Swiss bank in three years and then lose it all in four days, ultimately being 'backstabbed' in court by his ex-girlfriend and childhood friend to serve 25 years in prison—you might say this script is too melodramatic, even online novels wouldn't dare to write it like this.
But this is the real life of SBF. A super roller coaster journey from a genius boy to the 'Emperor of the Crypto World' and then to a prisoner, more thrilling than any Hollywood blockbuster. The story begins with..... Chapter One: How Genius is Forged (and why smart people are more likely to mess up)
When you earn three thousand in a month, you'll find that all the girls in the world are unfamiliar with you, each one pure and virtuous, guarding their bodies like jade. Really, even the summer mosquitoes dislike your poor blood and are unwilling to bite you. Whatever you say is awkward conversation, whatever you do is wrong. When your monthly salary reaches thirty thousand, hey, that’s strange. You walk with a breeze, your way of speaking becomes humorous, even your not-so-great taste becomes 'eccentric'. Girls around you start to think you are 'quite manly' and 'pretty reliable'. When you earn over a hundred thousand a month... Oh, then it gets interesting. Whether you are married or how old your kids are is no longer important. You are a walking hormone, breathing charm. You will find that those previously 'pure and virtuous' girls are actually quite approachable. Countless beautiful women you never dared to imagine will appear in your world in various ways, discussing life, ideals, and... why luminous watches shine. So, men, don't think every day about how to please someone, how to create some romance. Those are extra questions, not the essential ones. Your bank account balance is your true resume. The first page, bold, black font. Making this page look good is better than anything else.
The market has really been bad these past two months. Room 1 has about two hundred people, all of whom have been liquidated, averaging around two to three million in funds! Fortunately, the company compensates fully for liquidations! Including this time, there have been a total of two liquidations, and all have been compensated! ZEC, this demon coin, has risen while others have fallen, whereas mainstream coins like BTC have been consistently dropping! What a joke! At other times, we would be profitable! But this period has been truly extreme!
Now the regular army is entering the field; those with licenses, trust, and channels will collect tolls.
Brothers, did you just see that announcement from Binance?
Don't just look at the surface layer of 'cooperation news', we need to peel back the skin and see who is really benefiting, and who is just sipping the soup. BlackRock, what’s the background? The giant that manages $10 trillion globally, the 'emperor-level' player in traditional finance. Now it's connected with Binance, in simple terms, it's the vault of Wall Street, starting to fix the plumbing for the crypto world. The focus isn't just on cooperation, it's that BUIDL can be used as a deposit. What does this mean? It means the crypto assets in your hands, No longer a backdoor operation, but is now recognized by the traditional financial system as innovative finance.
Room 1 has already been liquidated due to today's extreme market conditions, but the company will cover the principal! This chart is for Room 3, which has not been liquidated yet! After this round ends, it won't be so hard, just go straight to quantification! Profit will be settled on the same day, and losses will be covered on the same day (profits and losses are both within 10%)!
J.P. Morgan, the mining cost of Bitcoin has already reached $94,000.
J.P. Morgan's latest report has exploded! The current price is around $102,000, which means there is a solid bottom below. It's not that someone shouts 'it will rise' and it actually rises, but rather: now if you want me to mine one Bitcoin, just the hard costs of electricity, mining machines, and computing power alone will cost $94,000. If the price falls below this number, miners will immediately shut down and lay flat. So don't be fooled by the K-line fluctuations, below $100,000 is like buying at the miners' bottom. The coins they calculated with great effort, you think you can take them away at a low price? No way. What's even harsher is that J.P. Morgan directly stated, In the next 6 to 12 months, Bitcoin may surge to $170,000.
The blogger has worked hard! Here are the good articles整理出来的拜读啦!
合约K神
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The recent government shutdown in the United States is truly remarkable: a full 44 days, setting a historical record!⚡
Just now, Trump signed and finally announced an end!
This time, from October 1 to November 13, lasting 44 days, not only is it the longest shutdown in U.S. history, but it also inadvertently dragged the cryptocurrency market into the harshest "explosion cycle" this round.💣
Let's take a look at what happened in these 44 days👇
1️⃣ The liquidation record was directly shattered
The liquidation volume over a month surpassed that of the previous half year.
The market was "emptied" of leverage three times, with both long and short positions being harvested.
In this wave of market, almost no one could escape the meat grinder.
2️⃣ ETH fell from 4355 all the way down to 3057
A drop of nearly 30%!
The on-chain forced liquidation quantity reached a new high since 2022, and the options volatility also soared.
In simple terms——funds dried up, and the market was directly squeezed dry!
3️⃣ Altcoins experienced a brutal crash across the board
Mainstream altcoins almost all fell below their issue prices (regardless of whether they were IFO or IDO).
Many projects' FDV (Fully Diluted Valuation) returned to pre-financing levels,
The entire altcoin track was almost halved, with some coins even going directly to "zero".
4️⃣ U.S. stocks were not spared either
Those listed companies famous for "holding Bitcoin",
All suffered a halving, with some companies' current market value even less than their held BTC.
The "BTC business model" was questioned by the market for the first time——can it hold up?
💬 In summary:
These 44 days were not just a shutdown of the U.S. government,
But more like a "great cleansing" of the cryptocurrency market.
However, bad news passing also means——
A new liquidity cycle may already be on the way.🚀 #美国结束政府停摆 $BTC #代币化热潮 $ETH {future}(ETHUSDT)