Breaking news! Singapore embroiled in Cambodian 'pig butchering'! Is the family office a money laundering channel? Tax havens face scrutiny again.
Recently, a major scandal exploded in the cryptocurrency and financial circles — the head of a certain criminal group in Cambodia #陈志 and his confidants actually opened a family office in Singapore, and it is said that they can enjoy tax benefits! 🤑#加密市场回调
📌 Core of the case The U.S. prosecutors pointed out that the Prince Holding Group, controlled by Chen Zhi, is one of the largest multinational criminal organizations in Asia. They are suspected of using cryptocurrency #洗钱 with amounts reaching tens of billions of dollars! According to documents, Chen's criminal network had controlled 1250 mobile phones and 76,000 social media accounts, used forced labor in Cambodia, and carried out so-called 'pig butchering' scams on thousands of victims worldwide — first coaxing investors to increase their investments, then absconding with all the funds.
So silly, the official account was hacked #bnb But it seems he doesn't understand how to play Just send a ca Can't even understand the hack, find a dead account, buy a 20b Send a ca, I'll come and take a lick
Gold has risen to 4300 USD, while BTC has dropped back to 88K, and the crypto circle is seeing a trend towards risk aversion!
Recently, friends in the crypto circle may have noticed: the market value of on-chain gold has exceeded 4 billion USD, and investors are starting to reduce their holdings #BTC and turn their attention to #黄金 . Why is this happening? Let's investigate. Gold is strong, Bitcoin is struggling 📈📉 According to data from the World Gold Council, the trading volume of on-chain tokenized gold has already exceeded 4 billion USD! This demand has directly driven up gold prices, while Bitcoin's performance has been somewhat weak.
Although there has been a capital outflow from Bitcoin ETFs, the Long-Term Holder (LTH) trust fund's investment in gold is also decreasing, but the inflow of funds into gold ETFs remains strong. As a result, by 2025, the ratio of Bitcoin to gold is expected to decrease by nearly 50%.
HashKey actually went public? The inside story is tougher than you think!
Dongda just cracked down on the crypto circle, but #HashKey can still go public? The core is not Xiao Feng, but the boss of the parent company Wanxiang Group—Lu Guanqu. He was received by Premier Deng in the 1980s, and when he passed away in 2017, the funeral wreath list included current and former leaders of Dongda. Just think about it, this level is unimaginable. #巨鲸动向 So we opened the prospectus to page 396, where the first major shareholder Lu Weiding (son of Lu Guanqu) holds over 40% of the shares. Plus, with employee platform voting rights, he actually controls over 60%, far exceeding Xiao Feng's 16%.
Lu Guanqu is into blockchain to solve the pain points of new energy—how to enable households with rooftop solar panels to automatically trade the electricity generated. Xiao Feng told him that blockchain can give each kilowatt-hour of electricity and each battery an "ID card."
Legend has it that Old Master Lu made three promises to Xiao Feng: not to look at financial statements, not to interfere, and to chase the future. Xiao Feng is also someone who understands the rules and knows that in China’s crypto circle, you either "lube" or "squat." What HashKey has taken is a third path—a special case, not a precedent.
📌 Never take going public as a sign of regulatory relaxation or a wind vane; it was clearly stated in the red-headed document of the thirteen ministries, written in black and white. #加密市场观察
Can LUNA rebound after a 20% plunge? The truth about bulls and bears is here👀🚀
#LUNA Since the peak on Monday, it has dropped about 20%, stopping around $0.127, and is currently fluctuating slightly around $0.13. The bullish logic that previously held the demand zone of $0.15–$0.16 has been broken, and short-term sentiment has clearly weakened. From the 3-day chart, LUNA is still in a phase of bullish structure, but there have been numerous historical 'false breakouts,' raising doubts about sustainability; the 4-hour chart is leaning bearish, with the demand zone of $0.15–$0.18 lost, favoring bears.
The key is: Can $0.13 hold? Can $0.155 be reclaimed? With #BTC still weak and not stabilizing above 94,000, the probability of LUNA directly rushing to $0.2–$0.24 is low.
Conclusion: Short-term bias is more bearish and safer⚠️ Aggressive shorting can wait for a failed rebound; bulls need patience and should wait for key levels to be reclaimed before proceeding. #加密市场观察
Is XRP on the edge of a cliff? If this line cannot be held, it may directly be halved!
Recently, the market has slowly been recovering, #xrp also trying to climb up from the lows, but to be honest, the current position is very critical. Many analysts have already begun to sound the alarm: if this price level cannot be held, XRP may face a severe drop. 😬 #加密市场观察 📉 The line of life and death for long and short positions is being tested repeatedly At the beginning of this week, the market corrected, and XRP dropped by about 6%, with the price directly falling below the important support of 2 dollars. Over the past month, XRP has basically oscillated between 2.00 and 2.25 dollars, only briefly dropping below during earlier corrections. But this time, the trend is clearly weaker, with a low even touching 1.88 dollars, which has made many bulls anxious.
ZEC short selling frenzy, MON breakthrough profit🔥
12/17, #Hyperliquid maximum #zec shorts continue to reduce positions, holdings decreased from 16.5 million to 9.1 million USD, average price 389 USD📉. Some funds increased position #MON short position, holdings 9.2 million, floating profit 4.62 million (150%)💸. #ETH short position still making profits, holdings 92.95 million, floating profit 13.86 million (224%). Total short position scale approximately 113 million USD, firmly holding the title of largest short position in ETH/ZEC/MON💪. #加密市场观察
🚨Latest news: Retail investors' attitude towards #加密货币 has basically turned bearish.
According to Santiment, historical data suggests that this is a bullish contrarian signal, as prices typically rebound when retail expectations indicate a further decline. #加密市场观察
#贝森特 Last night's speech revealed several key points: He warned that if the Democrats do not avoid a government shutdown, 2026 will be a 'harvest year' for them. He also called on the Senate to abolish 'lengthy debates' to ensure the government operates normally. #美国非农数据超预期 The subtext of this statement is very clear—negotiations surrounding the Affordable Care Act (ACA) are not going smoothly, and the Trump administration and the Republicans are currently taking a hardline stance, unwilling to compromise. #美SEC推动加密创新监管 If progress on the ACA bill cannot be made in the short term, approximately 24 million people will face insurance premium increases on January 1st next year, which will undoubtedly anger the Democrats, and the risk of another government shutdown is very high! #加密市场观察
#DOGE The 4-hour chart of Dogecoin is a classic example of "horizontal support and resistance." It is important to note that support and resistance are not precise single lines (such as a specific round number or zero price) but rather a price range. This is because both bulls and bears test key price levels repeatedly, resulting in failed breakouts and creating a certain margin of error.
XRP Bull Market Signal? Beware of Being Deceived by ETF Optimism!
Although the spot XRP ETF has risen for 18 consecutive days📈, the price trend is sending a warning: the overall market structure remains weak, and the short-term rebound may just be a correction, rather than a true reversal.
Technically, #xrp has dropped below the intraday concave area, and if the recent low cannot be held, $1.98, the YO area, and the red box area will become short-term selling pressure zones📉. For those looking to buy: be cautious, as the risk of entering remains high until a clear breakout occurs.
Reminder, the crypto volatility in the new year is intense🔥, and any counter-trend trading should be approached with caution. $1.53 may be a potential low entry point, but it is not a guaranteed opportunity. In summary: an ETF increase does not mean a coin price increase; check the charts before taking action. #加密市场观察
#solana Recently rebounding around $126, but facing significant resistance to break through $130–$132. The price is currently still below the 100-hour moving average, and the downtrend line on the hourly chart is clear, with bears potentially taking action at any moment.
If #sol can hold steady at $130–$132, the next step could be a push towards $135 or even $144. Conversely, if it breaks below $124, it may test $116 in the short term, with the worst-case scenario looking towards $108.
Technical indicators also provide a small warning: MACD shows bearish acceleration, and RSI is below 50. In simple terms, Solana needs to be cautious of bear traps to turn things around. #加密市场观察
Hong Kong's first cryptocurrency stock #HashKey was priced at HK$6.68 per share during its initial public offering, with a subscription multiple of up to 393.71 times, and the final net fundraising amount was approximately HK$1.479 billion.
However, on the first day of listing, the opening price was below the issue price, and the current stock price is HK$6.43. #加密市场观察
ONDO down? Don't panic, there are two main reasons for a rebound!
Ondo Finance [#ONDO ] recently dropped by 10%, and many people are worried about a bearish outlook in the short term. However, this pullback may only be temporary——
Reason 1️⃣: Strong on-chain capital inflow Despite the price decline, the total value locked (TVL) has soared to a historic high of $1.926 billion💰, and investors continue to put funds into liquidity pools to earn returns + wait for a rebound. Platform fees are also increasing, indicating that usage and demand are steadily rising.
Reason 2️⃣: #币安 and the warming up of derivatives bullish positions Binance traders are becoming active again, with both open interest in derivatives and financing rates rising📈, showing that bullish interest is strengthening, and short-term selling pressure may be quickly absorbed.
The short-term drop is just a growing pain, and the inflow of funds on-chain and in derivatives suggests that ONDO has the chance to welcome a price rebound⚡ #加密市场观察
In the past 24 hours, #VIRTUAL has fallen more than 10%, with a weekly decline of 16%, ranking fifth among the top 100 cryptocurrencies 📉. The technical indicators are also quite bearish: the 10-day and 25-day moving averages are trending downwards, MACD is red, and OBV is -1.55 million dollars, indicating a widespread bearish sentiment.
However, rebound signals are also emerging! The RSI is oversold, and there is thick liquidity support around the price of $0.70 💎. Network activity has significantly declined, with holders decreasing from 1.03 million at the beginning of November, and trading volume shrinking tenfold, while ecological fees have also been continuously dropping.
In the short term, $0.70 is a key defensive line; can the bulls hold their ground? If maintained, there may be a rebound opportunity; if broken, selling pressure is likely to intensify ⚡. #加密市场观察
Significant Signal! TechCrunch founder publicly states: XRP is one of my top five holdings🔥
TechCrunch / CrunchBase founder Michael #Arrington publicly disclosed his crypto holdings on social media: In terms of dollar value, #xrp ranks in the top five, alongside #BTC , #ETH , SOL, and IMX.
This post instantly ignited the community🔥 Some see it as a strong endorsement for XRP, while others remind: big players' allocations ≠ market direction. Not just verbal support. Arrington Capital has recently partnered with Ripple and SBI to promote an institutional-level XRP fund, targeting real application scenarios in DeFi, lending, and more.
📊 Market Situation XRP is currently priced at about 1.98 dollars, with significant fluctuations this year; CME's XRP futures open interest once surged to 3 billion dollars, with institutional participation continuing to heat up.
In summary: XRP is currently at the intersection of "institutional interest + community controversy."👀 #加密市场观察
XDC suddenly surged? Is it a real reversal or an "emotional rebound"👀
#XDC In the past 24 hours, it has risen by about 6%, standing out against a backdrop of a weak market. The main catalyst comes from Biconomy launching the XDC/USDC spot trading pair, igniting short-term sentiment🔥. But looking further out——the daily chart still shows a clear downtrend. CMF indicates continuous capital outflow, and MACD is below the zero line, with an overall bearish structure. Although the hourly chart has seen a strong rebound, buying pressure has increased, but it has been blocked and retreated in the supply zone at $0.051.
🎯 Key levels: Maintain above $0.0487, there may be room for a rebound; Once it breaks below, the market is more likely to further explore $0.046 / $0.044.
💡 This is a rebound driven by sentiment, not a trend reversal. Following the larger cycle, patiently waiting for opportunities is more important than chasing prices. #加密市场观察
BTC December U.S. market soars, reversing the decline of November!
Data shows that #BTC performed remarkably during the U.S. trading hours in December, with a cumulative increase of about 8%, far exceeding the -4% levels in Europe and the Asia-Pacific region. By the end of November, U.S. market yields began to recover, clearly indicating that American investors are increasing their holdings, while other regions remain relatively cautious.
Quantitative analyst Frank pointed out that the sharp decline of Bitcoin in November led to a significant drop in the average cost for short-term holders (STH), marking the largest seven-day decline since the FTX collapse in 2022, showing panic selling by high-price buyers.
Strong performance in the U.S. market + adjustments by short-term holders, this December trend is worth paying attention to🔥. #加密市场观察
The data to be announced tonight for November #失业率 and #非农就业数据 , due to missing data in October and significant fluctuations in November data, if a slightly higher than market expectations unemployment rate of 4.4% can be provided, while non-farm job additions slightly below 50,000 signal a mild softness, it may be the ideal outcome.
Because data that is too strong will suppress market expectations for interest rate cuts in 2026, while data that is too weak may trigger concerns about a recession. This year, the Federal Reserve's operational space is quite limited, almost always weighing between advancing and retreating. #加密市场观察
BTC plunges 4.5%! Asia's market is in panic! $650 million liquidated
On December 16, #BTC there was a significant drop of 4.5%, hitting a low of 857,000, which made many friends in the crypto circle nervous 😅. The Asian trading session showed weak performance, dragging the stock market down as well, with the Nikkei 225 falling by 784 points, a decrease of 1.56%, which directly affected the entire cryptocurrency market, with the total market value dropping by 4.4% at one point, but fortunately, it has recently slightly rebounded back to 865,000.
The liquidation madness is on ⚡ CoinGlass data shows that the liquidation amount in the cryptocurrency market reached $652 million in the past 24 hours! Surprisingly, Ethereum (ETH) had a harsher liquidation than Bitcoin—ETH liquidation was $233.5 million (longs $205.1 million), while BTC liquidation was $184.8 million (longs $168.8 million).