This week will be an extremely important week with some news, everyone needs to pay attention:
Tuesday: The JOLTS data will provide clearer insight into whether the labor market is currently strong or weak.
Wednesday: The focus is on the decision of #Fed , followed by a press conference of #Powell - just a few minutes of statements could change the direction of the market. With an 86% chance that the Fed will cut interest rates by 0.25%, Wednesday is likely to be the most important day of the week.
Thursday: The unemployment claims data will determine whether the story of "the economy is cooling down" will be reinforced or doubted.
Perhaps the market will rise at the beginning of the week and fall at the end of the week.
Even as a crypto billionaire, the #Cz thing he desires most is actually very simple. In an interview at #Binance Blockchain Week on December 3rd, when asked about the 5 goals he wants to achieve before he dies, CZ said why need 5 things, just one is enough, which is "everyone is healthy".
He said life is interesting because it is uncertain. Like playing a game: if you know the outcome in advance, then what fun is there? The beauty lies in the process of trying hard, being careful, and cooperating with others.
📍 CZ sees the challenges in life as part of the joy. And he concludes: what he wants most is not money, not power, but just hoping everyone has good health - because with health, you can fully enjoy everything else.
For CZ, health is the most important thing but also the hardest to control, even when one eats healthily or exercises regularly.
It's that simple, but it resonates, doesn't it, guys?
Wishing everyone a new week to have time to exercise as CZ advised, so we can enjoy life 🥰
If MicroStrategy continues to hold 650,000 $BTC in this cycle (or only sells very little), then the likelihood of Bitcoin experiencing sharp drops like -65% in 2022 is less.
Currently, BTC has only decreased by about 25% from its peak. If it does enter a bear market, it is more likely that the price will only move sideways within a wide range, rather than plummeting deeply like previous cycles.
➡️ Therefore, long-term investors should not panic. The liquidity of Bitcoin is becoming larger and more stable, so the long-term outlook remains very bright.
Since the token was launched, this person has spent 2.31 million USDC to purchase a total of 70.64 million $MON at an average price of 0.03267 USD per token. Currently, this investment is at a loss of over 250,000 USD (unrealized loss).
🧐 Which projects from last season have died or are close to dying?
Belizardd lists the following projects:
• $EOS raised 4.2 billion USD, currently the TVL is only 400 USD => A complete failure, no longer has real value in the market.
• Pi Network: The amount raised is unclear but the FDV on CoinGecko is 3 billion USD, while the FDV on CoinMarketCap is 25 billion USD, tokenomics are unclear.
• Hedera raised 286 million USD, the advantage is the successful HBAR airdrop, but the problem is that the project is aimed at businesses but hardly any actual businesses are using it.
• Cardano: The FDV is as high as 18.5 billion USD, and last week the fees from transactions were almost zero.
• Dfinity raised 167 million USD, the TVL is only 16 million USD, yet I don't understand how the FDV is as high as 2.2 billion USD.
Do you think if the uptrend returns, these projects can come back to life (in terms of actual activity) 😅
The market $AAVE on #ARBİTRUM has surpassed the milestone of 1.8 billion USD, becoming the largest market among Layer-2 solutions, accounting for nearly 20% of the market share outside of Ethereum.
Meanwhile, Arbitrum continues to maintain stable growth, while Base and Linea are showing a downward trend.
A "whale" just deposited 10.176 $ETH (worth about 28.69 million USD) on the Kraken exchange after converting this amount of ETH from SETH and holding it for 100 days.
This wallet address has been monitored for the past 5 years. Previously, they withdrew a total of 21.086 #ETH (then worth about 7.35 million USD) and then gradually redeposited it to exchanges in batches.