I invest in Bitcoin long term and choose to do airdrops and exchange events to make money instead of trading. My community is THANHPTC11 on other platforms
The strategy has purchased an additional 10,624 BTC (~ $962.7 million) at around $90,600. They are holding 660,624 BTC, with the current price at $91,300, these BTC are worth approximately $60.3 billion, with an average purchase price of $74,600. $BTC
The U.S. Commodity Futures Trading Commission (CFTC) officially allows the use of BTC, ETH, and USDC as collateral in the U.S. derivatives market 🔹 Crypto is now accepted on par with cash/bonds for derivatives collateral. 🔹 Only BTC, ETH, and USDC are applicable during the trial phase. 🔹 The CFTC has issued clear rules + strict oversight (weekly reports for the first 3 months). 🔹 This paves the way for trillions of USD in crypto to flow into the regulated derivatives market. Crypto is no longer "illegal" – it is now legal collateral in the U.S.!
1. Binance becomes the first crypto exchange in the world licensed comprehensively by Abu Dhabi (UAE)
Binance, the largest crypto exchange in the world, has just received a license to operate from the Abu Dhabi Global Market (ADGM) under a regulatory framework deemed to be the most stringent and comprehensive currently.
This is the first time a crypto exchange has been granted a licensing model similar to those of traditional financial market infrastructures.
The approval from the FSRA indicates that Binance will now operate under a management standard considered to be a global benchmark for the digital finance industry.
The license will officially take effect from 05/01/2026.
MACROECONOMIC CALENDAR - WEEK 02 DECEMBER This week, the Fed's interest rate decision + FOMC is the most important ⭕Currently, the possibility of the Fed lowering interest rates on the upcoming 11/12 (according to CME): - No change: 17.2% - Decrease by 25 basis points: 82.8%
Since the end of November, the Coinbase Premium index has mostly remained positive, indicating that American investors are buying #Bitcoin at a higher price compared to international exchanges (such as Binance, OKX…).
🔼 This is a signal that American capital is making a comeback, especially from institutional and individual investors who tend to trade through Coinbase.
The ALT/BTC pair has marked a bottom at 0.25 when end QT. This level is an important indicator signaling a potential altcoin bull run (Just a perspective from the internet but worth considering). My personal view is that this downtrend will happen quickly, as the macro context resembles 2019 more than 2022.
PCE inflation in September PCE Y/Y: 2.8% (Forecast = 2.8%, last month = 2.7%) Core PCE Y/Y: 2.8% (Forecast = 2.9%, last month = 2.9%) US inflation in September remains under control, even Core PCE Y/Y has slightly decreased. Basically, there is nothing shocking in the macroeconomic information during the period of the US government shutdown. Currently, any news that comes out will be sold off, even if interest rates are lowered in a few days. It doesn't matter if it's positive or negative, but in the short term, there should be adjustments first. If it's good news, the price would have already moved before we even got the news.
Fed stops QT: Could it trigger a multi-year altcoin bull run like 2019-2022? Hyland's research highlights the periods of 2014-2017 and 2019-2022. During these periods, the absence of QT allowed altcoins to maintain upward trends for 42 and 29 months, respectively. The OTHERS.D/BTC.D ratio increased as monetary conditions improved, facilitating greater risk acceptance. After QT ended in August 2019, another altcoin bull run occurred and lasted until 2022. The important level of 0.25 may signal the start of an altcoin season. The ALT/BTC pair marked a bottom at 0.25 when QT ended. This threshold is an important indicator signaling an altcoin bull run. Although QT has ended, the immediate impact is uncertain. The experience from August 2019 shows that patience is needed before clear market patterns emerge, possibly by 2025 or 2026. Despite short-term uncertainties, the outlook for the altcoin market remains positive, as historical trends show altcoins often perform well.
$ASTER Many people are FOMOing due to their policies. I initially didn't FOMO but later bought 50u hoping that in a few years it would increase several times like BNB.
However, in the coming time, there is a possibility of adjustment. Personally, I have been tracking this coin throughout the market adjustment period, and it has hardly been affected, always maintaining a price of $1.
But what CZ shills is for the long term; I believe this coin will increase in the long term, but in the short term, I think it will decrease, as other coins have decreased, now it's its turn.
The Spot AT bet still has 20k slots available. Anyone who hasn't done it yet should do it to earn some gas money.
If anyone is just starting to participate in the event from alpha, they might criticize this bet. But in reality, I mainly earn from these small bets. The money earned isn't much, but it's about the average income in the rural area where I live $AT
CZ gave a gold bar to Peter Schiff and said it came from a very important figure in Kazakhstan, with a serial number, then asked Peter whether this gold bar was real gold or not. Peter picked up the gold bar and said he couldn't tell. He only knew that his bracelet was real gold, while there was no way to immediately verify the authenticity of this gold bar. CZ wanted to use this situation to show a superiority of Bitcoin over gold, which is that Bitcoin cannot be counterfeited on the blockchain, while physical gold always carries the risk of authenticity.
Ledger has just warned that the MediaTek Dimensity 7300 chip, used in many smartphones (including the Solana Seeker), has a serious and unfixable vulnerability. Ledger attempted to attack the chip using electromagnetic fields (EMF) during boot and has: - Taken full control of the phone. - Bypassed all layers of protection. - Extracted the private key if the user stored the crypto wallet on the device. The flaw lies within the silicon design of the chip and cannot be fixed by software. The chip manufacturer claims that this is a chip intended for general consumer products, not for financial devices or hardware wallets. The chip was not designed to withstand electromagnetic field attacks, so being exploited is considered "out of scope for use".
In 2017, BlackRock CEO Larry Fink once called Bitcoin a "gauge for money laundering," but when asked why BlackRock is currently the largest holder of Bitcoin ETF in the world, he said his perspective had changed. After speaking with thousands of clients, Fink admitted he was wrong about Bitcoin in the past and now he is a strong believer in BTC.
Currently, BlackRock advises its clients to allocate a portion of their assets to Bitcoin
NOVEMBER JOB REPORT FROM ADP SHOWS UNEXPECTED DECLINE
=> Opportunity for Crypto
Private companies cut 32,000 jobs | Previous forecast: increase of 40,000 🔸 Small businesses were hit hardest, losing ~120,000 jobs while large companies added ~90,000 🔸 Sectors hiring include education and healthcare with 33,000 new jobs and travel and entertainment with 13,000 jobs 🔸 Many sectors faced job cuts including professional and business services down 26,000, information sector down 20,000, and manufacturing down 18,000 🔸 Workers witnessed a slowdown in wage growth with an increase of only 4.4 percent slightly lower than the previous month
Binance Alpha will be the first platform to launch the Power Protocol (POWER) on December 5. Eligible users can receive an airdrop using Binance Alpha Points on the Alpha Events page after trading opens.
Deposit the remaining 1 billion. Is there still a chance to recover?
Personally, I believe that the mindset of recovery is the mindset of gamblers. Gamblers often use the term recover, and if I lose, I will consider it tuition to learn a big lesson.
Of course, the tuition is a bit high, but no one asks for their tuition back after finishing their studies. If I haven't learned any lesson yet, then I will continue to pay tuition, there is no chance of recovery $BTC
Personal perspective based on market psychology. BTC will reach 130-150k by the end of December, beginning of January.
There are 2 reasons: 1. The recent sell-off is similar to the end of 2022, the FTX collapse, and the Covid wave. After these events, BTC will recover very strongly. 2. Most people believe it is a downtrend, people are discouraged, giving up, and complaining quite a bit when I post bullish content?
But is the game that easy? Most of the market believes in a downtrend and it really is? The past shows that the majority always loses. It may actually be a downtrend, but can the market let you give up that easily? You still have plenty of money. hehe
So that’s my positive perspective; if it goes up, what is there to say? I'm just sharing a little, but I'm still managing risk as I have in previous posts.