The BNB shareholder year-end meeting has just concluded. After listening to CZ's year-end AMA, selected 10 Q&A summaries Key points: prediction markets, the stablecoin battle 2.0 has not yet started 1. What was the feeling after being pardoned? CZ: "There is a sense of vindication, finally free." But real life hasn't changed. He still works at home every day, exercises for 30-45 minutes daily, a habit he brought from prison. 2. What does CZ do every day? Four things: • Giggle Academy——his 'pet project', a completely free educational platform, 60-person team, has served 90,000 children
Good morning, brothers. Happy weekend! Binance Alpha airdrop announcement on December 13 is here. Alpha is currently employed 245391. New hire -5478. The number of people has slightly decreased. Today is Saturday, and I haven't seen the announcement yet. We cannot rule out a surprise later. But I want to mention a point that I feel is a bit off. In the past few days, Alpha absorbed 400,000 shares and was still snatched up instantly. This kind of snatching is really strange. Recently, there have been more resignations. Binance has released 5 projects for two consecutive days to retain people. But if you seriously count the numbers, you will find that the logic is a bit conflicting. I used active trading ARTX to do a rough calculation. The average purchase amount on the chart is about 375 dollars. Total number of transactions is 4.65 million. For the total amount needed in 15 minutes, I round it to 32800. Then estimate using 4 times that amount. 375 x 4 = 1500. 32800 / 1500 ≈ 21.9 times. That means an average person needs to refresh about 22 times to fill 15 minutes. 4650000 / 21.9 ≈ 210,000 people. I round the number to 200,000 active players. The total score of 2+15 is 255. After claiming 3 airdrops, 210 points remain. If everyone averages 3 claims, then the maximum share absorbed in one cycle is approximately 200,000 people x 3 = 600,000 shares. Adding in some people with 3+16 or higher trading scores, I initially add 50,000 shares. So the cycle limit is about 650,000 shares. But from December 8 to December 11, in these 4 days, 48,000 shares have already been distributed. That means this cycle can still absorb about 170,000 shares. The question arises. One cycle is 15 days. There are still 12 days left. The total shares distributed in the future will likely exceed 170,000. So logically, it shouldn't be snatched up instantly afterward. Not to mention everyone still has 210 points to consume over many days. If in the next 3 days, we still see that kind of situation where even 210 points can't be consumed and still gets snatched, then it is very likely one of the following situations: 1. The effective number of people is actually not that many; many people don't have enough shares or are restricted. 2. The actual shares released are less than what appears on the surface, or there is a whitelist that consumes first. 3. Scripts and bots are snatching, while ordinary people can't even get in line. 4. The rules have been subtly changed, and the consumption method is different from our calculations. I won't jump to conclusions yet. Let's see if there is a surprise tonight. Then see if in the coming days it still gets snatched up. Some things are clear but not explicitly stated. Let the data speak for itself. #ALPHA #空投大毛
251212《Daily Crypto Temperature Gauge》First measure the temperature, then adjust the position
Today's feeling: Warming up but unstable, not a fever, but not yet recovered
1 Market Temperature Total market value approximately 3.13 trillion USD, BTC market share approximately 58.8% BTC is currently around 92.6K, with an intraday range of about 89.4K~93.5K ETH approximately 3,262 (emotional aspect belongs to 'willing to bounce but not daring to call for reversal')
2 Capital Temperature US spot BTC ETF funds are still being pulled 12/10 (Eastern US) net inflow of approximately 223.5 million USD 12/11 (Eastern US) turned to net outflow (in the tens of millions USD range) In plain language: Institutions have not retreated to the point of disappearing, but they are also not brave enough to keep increasing positions
3 Market Temperature (short-term key levels) The market here is focusing on the 3150 support level for ETH, with resistance looking at the 3320~3400 range BTC is the emotional switch at the '90,000 integer level'. If it holds, people are more willing to dream; if it breaks, it easily leads to mutual fear
4 Wind Direction Temperature Today feels more like a day where 'risk appetite has slightly returned'. The stock market is holding up, the dollar is weak, and the market is beginning to fantasize about next year's interest rate cuts So the crypto circle can catch its breath, but this kind of rebound feels more like emotional repair, not an announcement of a bull return
I will treat it as a 'warming period': Gradually increase positions, not chasing that kind of single big K BTC/ETH are both near key levels, so let the market determine the direction before deciding whether to increase or decrease positions Wait until the ETF has several consecutive days of net inflow before discussing; otherwise, it's easy to feel good today and get splashed with cold water tomorrow
《Daily Coin $SUI》251212|No guarantee of getting rich, no guarantee of dying in vain
Today's SUI price is around $1.62–$1.65, with a 24h volume of about $780–$890 million, a market cap of about $6.1 billion, circulating supply of $3.737 billion, and a maximum supply of $10 billion.
The market seems more like a 'bounce to catch a breath' In the past 7 days, it has fluctuated between $1.51–$1.73, and today it has bounced up, but it hasn't bounced out with the kind of strength that indicates a 'trend reversal'.
I will focus on three lines (not a call, just a retail protection line) $1.70–$1.73 serves as the upper threshold; if it can't get through, it remains in a range.
Around $1.60 is considered the sentiment line; it needs to stabilize to look decent.
$1.50–$1.52 is the position that belongs to 'if it drops further, something is off'.
The on-chain temperature gives you a quick overview Sui's current Bridged TVL is about $1.378 billion, 24h DEX volume is $227 million, and Perps volume is $204 million. But there's one point to be cautious about: the stablecoin volume has dropped quite noticeably this week, with Sui's stablecoin market cap around $514 million, a 7-day change of -26.84%, and USDC accounts for about 67%. The on-chain activity is still moving, but the 'real dollar ammunition' hasn't increased significantly this week; the rebound feels more like a trade push rather than a sudden influx of funds.
One of the biggest real variables in the coming period is 'supply'. Tokenomist shows that the next SUI unlock is on 2026/01/01 (marked for Series B). This kind of thing won't necessarily crash the market, but it will make the market more sensitive at critical points: once it can't rise, everyone will use 'unlock' as an excuse to take a step back.
For those already in: I will focus on whether it can turn $1.70+ into support; if not, don't treat the bounce as a bull market.
For those who haven't entered: don't rush to chase that 'just pulled up and the most exciting' segment; wait for it to pull back and not break before making a move, and avoid being the fuel rod that rushes in.
For those looking to play short: I only suggest using the position you are willing to treat as tuition; SUI has considerable volatility, so don’t use living expenses to clash with it.
If you think it's okay, give a like + follow, to give me a reason to keep rambling on. 😂
Brothers, good morning Binance Alpha's airdrop announcement for December 12 is here Today, there are 250869 people in service at Alpha, 20,100 new hires
Today's airdrop is $RAVE Time: 20:00 Estimated price: 25U~35U
Recently, a bunch of buddies have been asking me How to reach a trading volume of 66,000 U without going bankrupt I’ve organized the "low-loss version" that I'm currently using Aiming for something that can endure, calculate, and replicate
The goal is very simple, divided into two tiers Daily reach a trading volume of about 36,000 and 66,000 U
The score is roughly around 1+15 and 3+16 points Control the loss to within 3.5U at first, then lower it to 3U or even lower once you are familiar The scoring rules may change daily, based on the Alpha page
For beginners, 500-1000U is sufficient Start with 100-500U for a trial, increase once the loss stabilizes For experienced users, 1000-1500U is more convenient There’s also a detail Try to keep ≥1000U in the account There will be leftover balance, take it if you can
Where to trade I prioritize trading the exchange's reverse orders
What coins to trade Every day just pick the "top few in trading volume" from the Alpha sector that are liquid Don’t touch newly listed coins on their first day, they are volatile and you will get trapped The more stable, the better; what we want is trading, not excitement
The core method is just one Don’t use market orders, don’t feed your own slippage Use limit orders to make "reverse orders" back and forth The method is very simple Look at the 1-minute K Wait for the price to stabilize at the last few decimal places Then Set the buy order slightly higher Set the sell order slightly lower Minimize the price difference, start at 3 decimal places, and once familiar, play with 4 decimal places Wait for one order to be executed before placing the next Don’t fire them off all at once; you are trading for points, not being a robot
How to control the loss Start with small amounts, 2-3 groups Confirm that each group’s loss is controllable before increasing the amount Remember to factor in transaction fees and gas If you don’t calculate, it will eventually become counterproductive
A few heartfelt words to avoid pitfalls 1. 8 AM is the settlement boundary many people talk about If you are going to trade, do it within the same cycle; don’t finish and find out it was calculated to yesterday
2. Sometimes you will encounter sandwich orders MEV If the price is unstable, don’t force it; wait for it to calm down
3. The rules may change, the bonus coins may vary Check the activity page every day, don’t use yesterday's logic to trade today's points —— My own rhythm If I can trade, I trade at low levels If I can’t trade, I just wait for the next wave
If you think it's okay, give a like + follow, give me a reason to keep rambling on 😂 #ALPHA #空投大毛
《Daily Cryptocurrency Thermometer》First measure the temperature, then adjust positions 251211
1. Overall Market Temperature: The period of lying flat after the drop has not yet passed.
The overall market capitalization is still hovering around 3.1 trillion USD, with a slight drop of about 2% in the last 24 hours, a standard 'falling while yawning' market trend. BTC is struggling just above 90,000, with a frustrating trend of slight drops and slight rebounds these past few days. ETH has returned to around 3200, after a noticeable pullback following a previous surge, with overall strength slightly weaker than BTC. SOL is still stuck within the narrow range of 124–145, currently around 130;
2. Capital Flow: Prices are falling, but ETFs are still quietly picking up goods.
Yesterday, the overall spot BTC ETF in the United States surprisingly saw a net inflow of about 220 million USD, mainly due to IBIT and FBTC increasing their positions;
《Daily Coin》251211 'No guarantee of wealth, no letting you die violently.'
$PEPE Today's status of this frog is approximately Not dead, still jumping, but getting further away from the legendary hundredfold dream. PEPE is currently hovering around $0.0000045, with a market cap of about $1.9 billion, still able to squeeze into the top 70, one of the well-established Meme coins in the market. From a historical perspective. Its ATH is around $0.000028. The current price is roughly at a high point with an -84% discount. This year overall is still following the 'high position falls down slowly' route. What position is it at now? There are a few small technical details recently: A double bottom formed near $0.0000040 on the 4-hour level.
Alpha has 237,938 people currently employed Last night, another 9,200 came in
But the atmosphere of "thinking about quitting while working" is still quite heavy these days Since December, the average is about 20-40 minor issues
The better POWER you have now is probably around 80U, provided you make a precise bet. I sold everything at the opening
Today there are three airdrops, which are:
CYS 16:00 BTX 18:00 US to be announced
The official announcement has not yet established scoring rules So my choice is To keep refreshing while watching the score changes If today's score can go down It is very likely that the whole venue will start to roll again
1. Cysic (CYS) Full-stack computing network Packaging GPU ASIC computing power into assets that are "liquid and profitable"
Financing: 21.85 million USD (led by Shima) Total supply: 1 billion Initial circulation: 16.08% Pre-market price: 0.2-0.3 U Airdrop proportion: 4.8-10% circulation Estimated time: 16:00 Returns: 30-50 U level
2. BeatSwap (BTX) Web3 full-end IP rights + music RWA platform
Standardizing song/content copyrights into RWA tokens, turning behaviors like "charting, listening to music, and licensing," which originally burned money, into on-chain tradable assets. Total supply: 1.5 billion BTX (1.5 B) Initial circulation: about 15% Returns: 30-50 U level I would classify it as "small to medium issues + narrative positioning"
3. Talus Network (US) AI blockchain platform for the Sui ecosystem Model training + data privacy on-chain Moderately standard but the story is still OK Financing: 10 million USD Total supply: 10 billion Initial circulation: 22% estimated time: 18:00 Returns: also in the 30-50 U range
Today my operational thoughts
Score brushing: only refer to ARTX small amount brushing The long-awaited "spot + airdrop double eating" is back Tomorrow I have also pre-scheduled airdrops If there is a major issue over 30 U today Alpha is very likely to roll again If it remains around 30 The wave of resignations will only become more severe
Number of people: Last night, 50,000 left in one go Not the kind of "low score lingering to keep the account" Now, the significance of new entrants is actually not great Those who have been waiting for a long time can look at their psychological lines If you can hold on, just low-configure to continue living, if you can't hold on, just resign openly
If you think it's okay, give a like + follow, to give me a reason to keep rambling on 😂
Yesterday, the data from those two Alpha airdrops really gave all the "score farming gang" a living math lesson. The first airdrop set the threshold to 70 points, with a total of 200,000 pieces and still managed to distribute. The second airdrop only had 7,500 pieces, and it was gone in an instant, without any reaction time. A rough calculation shows that in the entire Alpha ecosystem, those who truly paid attention to the announcements and took action to grab the airdrop are probably only about 100,000 to 150,000, much lower than what various prediction platforms write, "hundreds of thousands of score farming users" and "millions of interactive wallets." What does this represent? It represents that a lot of data is actually fake noise, it's dormant wallets, it's script farming, it's a strategically placed approach of "just leaving it there, we can talk about it later." Many people are still crazily farming: Farming scores, Farming interaction times, Farming multiple wallet matrices. But the question is, is this really the most efficient way to make money on-chain? If in an event, the real beneficiaries are only those 100,000 to 150,000 "attentive + action-oriented" people, should we, these people, also consider a change in thinking: from "physical score farming" slowly transitioning to "strategic participation," which means not everything is farmed, but rather choosing "clear rules + controllable costs" not blindly farming scores, but first calculating "time invested / transaction fees / opportunity costs," allocating our attention as a truly limited asset. The airdrop rewards are always limited, but those willing to use their brains are always fewer than those using scripts. What this round of Alpha might be teaching is not how to farm, but rather reminding us that it's time to change the way we stay in the game. #ALPHA #空投大毛
《Daily Crypto Market Thermometer》 'Measure the temperature first, then adjust positions'
1|Market Temperature: the big coin stands back at 92,000 but everyone is still cold-hearted the overall market value is fluctuating between 3.2 T and 3.25 T a slight increase of about 3% in 24 hours BTC here a drop from 90,000 a couple of days ago now it has climbed back to around 92,000 a daily increase of 2–3% but still stuck in the range ETH is actually looking better the recent wave bounced from above 3k to around 3,300 over 6% increase in 24 hours the news directly uses words like 'ignite the market' The overall picture is the price has support and also rebounds but no one dares to say 'the bull is back' more like the week before the FOMC
ICP recently has been on a roller coaster A while ago it surged from around 2.8 to nearly 10 U As a result, the AI narrative retreated and it was pressed back down to the 3 range Now it’s probably hovering around 3.5–3.6, with a market cap of about 1.9 billion USD This coin's positioning is actually quite special It’s not a typical L1 It's more like a "cloud on the chain" The official website even dares to call it a world computer Meaning that Websites, apps, and even enterprise services Run directly on ICP nodes No need for AWS or traditional servers And it can natively interact with multi-chain assets This round can survive Relying on two new stories:
AI + Multi-chain 1️⃣ AI in this area ICP is one of the few that really shows you the model "running on the chain" Directly embedding neural networks in canisters For image recognition, facial recognition, and such Not just hanging an API and claiming to be AI Plus with Caffeine, a "chat generation program" The official roadmap has also clearly stated In the future, it will develop GPU nodes to bring the entire AI development chain on-chain 2️⃣ In the multi-chain aspect Chain Fusion allows ICP to natively interact with BTC, ETH, and SOL Taking the "no bridge cross-chain" route Combined with the recent WordPress integration It’s like trying to slowly drag Web2 websites into its cloud Sounds quite impressive
So why is the coin price still grinding on the ground? Very simple The sky-high listings in 2021 directly inflated expectations In the following years, the channel kept going down, leaving old users with a full shadow in their hearts The AI sector was first hyped up this year Now the overall sentiment is cooling off
If we view ICP as a person The strengths are: The brain isn’t stupid, and the technical foundation is solid It has positioned itself in three major trends: AI + decentralized cloud + multi-chain The weaknesses are: Its reputation was damaged in 2021 Now, every time it rises There are a lot of people waiting to break even Plus, with the AI narrative cooling off It directly turns from a protagonist into an old dinosaur If it were me I would consider ICP as a type that has "themes + fundamentals but the rhythm is very dirty" I wouldn’t treat it as a stable core for long-term holding And I wouldn't chase highs when the AI story is at its hottest
It’s more like slowly paying attention when "everyone doesn’t want to mention it" Looking at technology, looking at development, and seeing if there are any new practical implementations
$ICP is not without prospects It’s still paying off the debts from the hype of previous years For those interested, treating it as a short-term lottery might be more reasonable.
Binance co-founder He Yi recently encountered a typical incident of "celebrity account hacking and pump-and-dump".
The hacker first applied for a replacement phone number through an old mobile number that had long been discontinued, successfully taking over the WeChat account linked to that number and logging into He Yi's account. After gaining control, the hacker posted in her Moments, recommending a MEME coin called Mubarakah, and directly shared the contract address (CA), creating an atmosphere of "He Yi personally endorsing this shitcoin today", guiding fans and crypto users into a FOMO frenzy.
Prior to this, the hacker had already set up two newly created wallets, investing a total of about 19,000 U, and bought over 20 million Mubarakah at a low price. Following the on-chain purchases, the token price surged rapidly, with its market cap once reaching several million dollars. During the peak of the frenzy, the hacker successively sold about 10 million tokens, cashing out over 40,000 U, while still retaining some chips. Combining both sold and unsold portions, this operation made approximately 55,000 U in profit.
Many people find it strange: having hacked the account of a Binance executive, how could they "only" make over 50,000 U? This is actually related to several real-world limitations. First, Mubarakah itself is a niche MEME coin with very shallow liquidity; if the hacker had initially invested hundreds of thousands or millions of U, they would have pushed the price up excessively when buying and would subsequently crash the price when trying to sell, making it difficult to actually secure profits. Secondly, the incident was exposed very quickly; CZ and He Yi themselves clarified that the WeChat was hacked early on, and the media and on-chain analysis accounts quickly followed up, leaving the hacker with very limited time to harvest safely, thus they could only lock in profits as quickly as possible within a limited window. The wallets actually involved in the ambush might be more; the 55,000 U seen by the outside world is likely just the tip of the iceberg of the entire team's earnings.
In summary, the hacker exploited social account vulnerabilities, combined with celebrity effect and MEME sentiment, to complete a highly risky but also rewarding harvesting operation in a short period of time. For us, the most practical lesson is: when encountering a situation where a "big shot suddenly endorses a shitcoin and directly releases a CA", one should first think of the risks, be skeptical, and act later, rather than rushing in blindly as the last one to act.
$POWER = Power Protocol Binance Alpha New Coin The story is "the economy and infrastructure layer for gaming/consumer apps"
Right now, it’s roughly: Only a small portion is circulating FDV has already surged to a medium size There’s a lot of buzz and the price has jumped significantly
Why do I prefer to short instead of chasing longs?
1 | There’s a whole mountain of tokens above The circulating volume is just a small part of the total Most of the tokens are still locked The team, investors, and funds will gradually unlock
This means that What you’re chasing now is the price of "the first few percent of circulation" There’s still a large chunk of unlocked tokens behind Eventually, liquidity needs to be found to take over
This structure Is good for short-term trading But for long-term holding, it’s a belief The pressure is actually quite high
2 | Alpha Airdrop + Early Low-Cost Tokens Many people obtained spot through Alpha scores for free For them, the cost is almost 0
After the wave was pulled up The airdrop party and early entrants Can easily cut a little and still profit
The high trading volume you see on the market A large part of it Is actually helping these low-cost tokens complete their turnover
For longs You are betting against a bunch of "people who want to unlock profits at any time"
For shorts As long as you’re not shorting at the floor The risk-reward ratio actually looks a bit better
Speaking of how I would handle it on Binance: Not chasing highs for longs For this new Alpha coin, buying in when it’s at a 20–30% daily increase Is basically making yourself liquidity.
Shorting must be "in batches, small positions, with stop losses" Because the volatility is really high, You see others saying "it’s too close to ATH now, wait for a higher point to short," Indicating that the space for ups and downs is quite exaggerated.
The logic is very simple: "High FDV + Low Circulation + Unlock Expectations + Low-Cost Airdrop Tokens" This structure is common in new coins I just picked one that I think has overheated to short.
Right now at this level, the risk for bulls > risk for bears
So I stand on the side of the shorts Which side do you want to stand on? At least make sure to clarify: Circulation vs Total Supply Unlocking Rhythm Alpha Airdrop Cost Futures Leverage Risk
Think through these few things Before deciding whether to take action
If you can profit, then run Don’t become one of those "who flipped with 100x leverage on new coins" And end up being the unspoken cautionary tale in the story $POWER
《Daily Crypto Thermometer》First Measure Temperature, Then Adjust Positions
1|Market: Slight Fever, Not Critical The total market capitalization is about 3.07T, down less than 1% in the last 24 hours, still moving sideways at a high level. BTC is around $90,000, down about 1% slightly, fluctuating roughly between 89k–91k. ETH is around 3,100–3,150, maintaining above 3k for several days, slightly down but structurally still stable.
Overall slightly bullish but no one is getting wrecked, the market has entered a "high-level stagnation + waiting for news" mode.
2|Capital Flow: BTC / ETH Bleeding, Alt ETFs Attracting Funds Last week, Bitcoin and Ethereum ETFs experienced a net outflow of funds, as institutions reduce risk at high levels. However, funds related to SOL and XRP continue to see net inflows, a typical scene of "big players reducing positions while attracting funds at the edges." Yesterday, the U.S. spot ETH ETF had a net inflow of about $35.5 million in a single day, indicating that institutions are still willing to buy ETH above 3k. In simple terms:
The money hasn't left; it has partially moved from BTC / ETH, taking a detour to SOL, XRP, and ETH ETFs to queue up anew.
3|Narrative & Macro: The Entire Market Awaits Fed's Commentary The biggest macro event these days is the Federal Reserve meeting on 12/9–10, with mainstream market expectations for another small rate cut of 25 bps. Reports also directly state: this meeting is seen as a key point in "determining the sentiment of risk assets by the end of the year," with BTC, gold, and the stock market all sitting still. In short:
This kind of stagnant market is largely waiting for the Fed to provide guidance.
4|Sector Spotlight: XRP / DOGE Gaining Some Attention XRP: The U.S. spot XRP ETF has seen net inflows for 13 consecutive days, accumulating nearly $870 million, pushing towards the $1 billion mark. The price is around $2, looking at whether it can break through 2.11 technically. DOGE: Today it rose slightly around 0.141, not moving aggressively, but there have been continuous news about real-world applications.
5|Today's Temperature Summary Market: Slight Cold at High Levels, No Crash, No Wild Surge Funds: BTC / ETH ETFs Bleeding, SOL / XRP-like Products Attracting Funds Story: Everyone is watching the Fed meeting together Individual Coins: XRP has the backing of ETF narratives, DOGE remains a steady background noise.
For me,
Today's temperature is roughly: Not suitable for passionate all-in bets Nor should one panic and cut positions Reduce positions slightly, be more patient
Wait for the Fed to finish speaking before deciding the next steps.
Alpha today employed 278956 people The day before yesterday employed 232820 people After two consecutive days without airdrops, yesterday there was a surprise airdrop of $STABLE Today, more than 40,000 people returned to work, it seems everyone's confidence is back The mood in Alpha has been quite subtle these past two days Previously, there were consecutive zero airdrops There are still over two hundred thousand people employed, and everyone is collectively grinding for scores and fees Today, a clear indication was finally given: 12/09 the arrangement is $NIGHT and $WET, the current scores have yet to be revealed, which can be considered a bit of salary for the employed partners Let’s talk about this $NIGHT The project is called Midnight / MidNight Protocol Focusing on privacy / blockchain infrastructure Total supply is 24 billion Circulation will initially be 10.8 billion At the same time Other places are also organizing activities for the same coin
The Alpha community has already provided suggestions for score grinding: The main trading forces are still TIMI / ARTX / KOGE It is recommended to place small orders of 200–500U in multiple transactions The key is to grind the trading volume, do not place large orders
Today’s wave of $NIGHT $WET Alpha is indeed better today than in the past few days But before the score costs are revealed This wave of $NIGHT / $WET For me, it’s just 'proof that the game is still running'
This "Employee Alleged Violation Incident Investigation Result Announcement" In the cryptocurrency circle's practice of "playing dead when something goes wrong" Binance this time is considered to face it head-on + incentivize the community 1. What exactly happened? Someone issued coins on the chain in advance Then a few minutes later The official Binance contract account posted a tweet with the same copy + image Investigation result = Employee suspected of "using job convenience + insider coin issuance" to make quick money 2. How did Binance handle it? The announcement clearly states: Internal audit received a report Immediately suspended the involved employee Simultaneously coordinated with judicial authorities Prepared to take legal responsibility according to local laws The whistleblower reward of 100,000 USD Will be evenly distributed to the 5 people who reported through the official email the earliest Several key points here: 1️⃣ The phrase "employee violation" is clearly stated in the announcement No shifting blame to the market, no ambiguous handling 2️⃣ The whistleblower's email is publicized Which means telling everyone: "If you dare to report, I dare to pay" 3. Is this matter good or bad for retail investors? In the short term It is definitely uncomfortable: It indicates that there are indeed people internally wanting to take advantage of information to exploit the market It also proves that Binance's internal control is not perfect But in the medium to long term This kind of matter "exposed + announcement + reward payment" Is actually much better than "quietly suppressing it" At least three signals: Insiders are not covering up but are directly suspended + handed to the judiciary The community is not just decoration; reporting has cash flow After this, employees will think three more seconds when trying to do similar things: "Will this wave be reported directly by the community for a reward?" 4. What is my personal view on this operation? To be honest I have seen a lot of ups and downs with Binance in recent years This time this announcement I actually give it a few thumbs up: ✅ Clearly stated the matter: timeline, actions, nature ✅ There are clear punishments: suspension + cooperation with the judiciary ✅ There are actual actions: 100,000 USD genuinely given to the whistleblower ✅ There is an acknowledgment of problems: stating the need to strengthen internal control rather than "everything is normal" Of course This does not mean that problems won’t arise again in the future But at least it shows us: Someone misbehaving → can be caught → there are costs to pay → the community can earn real rewards This is actually a good thing for the overall "rules" of the cryptocurrency circle
Haven't seen such a satisfying scene for a long time $doyr I've also bought quite a few
《Daily Cryptocurrency Thermometer》251208 Measure the temperature first, then adjust the positions.
1 | Market temperature: dazed after hitting the brakes on the shoulder.
The overall market cap is now just over 3 trillion USD, down nearly 30% from last year's high of 3.9T.
BTC is around 91,000, slightly up less than 1% today.
From the peak of around 120,000 in October, it has dropped about a quarter.
ETH is over 3,100, staying above 3K for several consecutive days, and the rebound this week is actually better than BTC.
The overall picture is: after a sudden stop, the car is parked on the shoulder to catch its breath, still undecided whether to turn around or continue on the highway.
2 | Fund flow: BTC receding while others are picking up the scraps.
Bitcoin spot ETF has still seen net inflows overall this year.