In 2022, a meme coin called MoonCat suddenly became popular on Reddit. Its founder claimed to be a 'cat-loving college student,' and the white paper contained just one sentence - 'Let's send cats to the moon.' Initially, no one took it seriously, but a meme about 'cats conquering space' unexpectedly went viral. Within a few days, the number of people in the MoonCat community surged from dozens to tens of thousands. A large number of newcomers entered the scene for the memes, and the price skyrocketed from a few decimal points to what the community called the 'moon price.' Early holders made unexpected profits from the joke, and related merchandise was also inflated to ridiculous levels. However, the hype eventually faded as users discovered that the team hardly updated, the code was unaudited, and the holdings of major investors were too high, causing panic to spread. After a late-night sell-off, the myth of MoonCat was extinguished like a firework. Warning: The life of meme coins is often driven by emotions, and emotions are more fickle than market trends. The hype comes quickly and dissipates just as fast. Don't treat memes as underlying logic, and don't take fantasies as investment basis. Always remember - it's fine to have fun with memes, but going ALL IN will lead to tears.
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Master the latest news in encryption and gain insights into market trends 2025/12/9 Today's latest hot news summary
1. On December 9, the Federal Reserve stated that the Federal Open Market Committee (FOMC) meeting will be held as scheduled at 9 AM local time on Tuesday.
2. A whale transferred 1,880 ETH to OKX, approximately 5.86 million USD.
3. Circle launched the 'bank-grade privacy' stablecoin USDCx, which will go live on the Aleo blockchain.
4. Bloomberg: PNC partners with Coinbase to offer Bitcoin trading services for high-net-worth clients.
5. Privacy project Horizen reboots as a Layer 3 network on Base.
6. On December 9, White House Press Secretary Levitt stated that President Trump will deliver an economic-positive speech in Pennsylvania today.
7. CZ: The four-year Bitcoin cycle may have failed, and we may be entering a 'super cycle'.
8. 'Federal Reserve mouthpiece': Powell faces a do-or-die situation, with half of his colleagues opposing interest rate cuts.
9. An Ethereum Foundation associated address deposited 5,748 ETH into Kraken, approximately 17.89 million USD.
10. Trump may adjust tariffs to lower the prices of certain goods.
11. Former Federal Reserve Vice Chairman supports hawkish interest rate cuts, aiming for inflation to drop to 2%.
12. The EU plans to bring cryptocurrency companies under ESMA regulation, with a capital market integration reform set to start in 2027.
13. Hong Kong digital asset leader HASHKEY HLDGS launches an IPO, set to be listed on December 17.
14. BlackRock transferred approximately 272 BTC to Coinbase, valued at 24.58 million USD.
15. Stripe's stablecoin payment feature will go live, supporting Ethereum, Base, and Polygon networks.
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What to do in the live broadcast room, I have taken two contracts on US stocks! My strength in this area is definitely good, but I shouldn't be too proud! Step by step $ETH #ETH trend analysis
Binance's transition to the Abu Dhabi Global Market (ADGM) marks a pivotal strategic shift. This move signifies the exchange's commitment to operating within a clear, world-class regulatory framework. ADGM, known for its robust and progressive financial regulations, offers Binance a stable and reputable jurisdiction to serve its global user base, particularly in the MENA region.
By securing necessary licenses from the ADGM's Financial Services Regulatory Authority (FSRA), Binance enhances its compliance credentials and institutional trust. This relocation is more than an address change; it's a powerful statement about the maturation of the crypto industry, prioritizing regulatory collaboration, investor protection, and long-term sustainability in a key global financial hub.
Wall Street is on high alert for the year-end 'cash crunch,' will the Federal Reserve hint at restarting the 'printing press' this week? As the end of the year approaches, a new storm in the money market is brewing! One question that Federal Reserve Chair Powell must answer this week is: Does the Federal Reserve need to start the 'printing press'?
🔥Standard Chartered Bank cools down! Bitcoin's target by the end of 2025 is slashed to $100,000, with the $500,000 target pushed to 2030——institutional buying has plummeted, and the DAT craze has officially cooled down🔥
Standard Chartered's latest report on the 9th directly pours cold water: the Bitcoin price target for the end of 2025 has been cut from $200,000 to $100,000, with the long-term forecast of $500,000 delayed to 2030. Geoffrey Kendrick, Head of Digital Asset Research, emphasized that this time is different, the old halving cycle model has failed, and the market structure has changed significantly.
Reason one: The DAT craze has ended. Companies like Strategy that were once key drivers have now paused their investments due to overvaluation, leading to a cliff in buying power. Reason two: ETF inflows hit a historical low. The net inflow in Q4 was only 50,000 BTC, far below expectations, and institutional participation has slowed down. Reason three: Uncertainty in Fed policy. Although a rate cut of 25 basis points is expected at the FOMC meeting, the guidance on the interest rate path for 2026 will be crucial, suppressing risk assets.
Kendrick stated that institutions treat BTC as a strategic allocation, strengthening the resilience at the bottom, but short-term volatility remains high. In November, BTC corrected by 30%, and ETF outflows were below 5%, proving strong resilience, but a gap in demand makes it hard for the rally to catch its breath.
This round of adjustment hits hard as institutional wallets suppress emotions, but accelerated outflows make it difficult for the market to breathe. Bitcoin has shifted from retail FOMO to stable purchases by large holders, extending the bull market; who still believes in the four-year clock? Market legion, is this extended bull market stable? #美联储FOMC会议 $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT)
Brothers, the pancake has moved out of the 1900-point space. Those who follow don't need me to say much; let the profits speak. This is our confidence #加密市场观察 $BTC $ETH $BNB
#apro $AT currently still has no upward trend, but I bought it, 0.125 If it drops, I will continue to buy more. If the daily increase exceeds 40%, I will cash out
Additionally, I will send a red envelope to welcome everyone to follow, just arrived at the square
How to determine support level buy points for Bitcoin?
Core methods for finding support levels The following are several commonly used methods to determine Bitcoin support levels: 1. Historical lows/multiple touchpoints Look for points on the price chart where lows occur multiple times. When the price reaches a certain level and stops falling, then rebounds, that level is a potential support level. The more times it has been touched, the stronger the support level usually is. • Bottom (trough): Connect the most recent or significant lows on the chart; the area formed by these lows is key support. 2. Trendlines In an uptrend, connect consecutive higher lows to form an upward trendline. This trendline often serves as dynamic support when prices pull back.
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