Remember the early DEX (Perp) market, where HyperliquidX dominated, firmly holding over 90% of the market share.
After @Aster_DEX launched, the dynamics changed, and I recall Aster reaching a market share of over 70%. Although there have been controversies surrounding score manipulation, subsidies, and data platforms, time will provide the answers.
Looking at the latest data from December 15, DEX (Perp) is gradually entering a healthier phase: Aster first, Lighter second, Hyperliquid third.
First-mover advantage does not equate to long-term advantage, as Binance demonstrates, and I believe CZ is increasing his stake in Aster.
$GIGGLE brings funding, Max brings users, the scarcity of Max's strategic value: Filling the 'Infrastructure Black Hole' of CZ's Vision.
Let’s start with the conclusion: $GIGGLE brings funding, Max brings users, and when quantitative changes bring qualitative changes, we will see a huge pump.
Introduction: The Scarcity of Strategic Value: Filling the 'Infrastructure Black Hole' of CZ's Vision. CZ's charitable efforts face a significant infrastructure challenge: The concept document for Giggle Academy clearly states that 'internet and device access' are key issues for its target market, but this is not within the core software expertise of @GiggleAcademy, and external partners must be sought to address this. Max has taken on this most challenging and costly 'Organizational Partnership Path' function by harnessing the power of the community.
Market is crashing 😊 But Will never forget the binance family keep supporting keep building strong 💪✅🤝💫💫🚀🤟#BTCVSGOLD @LearnToEarn @Hua BNB #Bobbersfamily #Bobbers #BinanceBlockchainWeek #Square
$BTC $ETH $XRP 📉 Market Downturn: Bitcoin fell below $86,000, hitting new local lows as risk appetite weakens and macro uncertainty rises. Ethereum and XRP also moved lower, dragging altcoins with broader market sell offs. Some analysts attribute the slide to thin liquidity approaching year end and profit taking. Retail & institutional markets reeling Crypto stocks and related equities also fell alongside price declines in BTC, ETH, and XRP. A few traders describe the downturn as fueled by pure market manipulation though this view is contested. 🏙️ Major Institutional & Industry Moves: 📈 HashKey Exchange IPO in Hong Kong: Hong Kong’s licensed crypto exchange HashKey is raising about US$206M in an IPO, aiming to begin trading Dec 17. 🏦 JPMorgan enters tokenized funds space: JPMorgan rolled out a new tokenized money market fund on Ethereum despite prior CEO skepticism of crypto targeting high net worth investors. ⚠️ Fraud & Security Alerts: 📌 Crypto scam arrest in the U.S.: A 23 year old has been charged in a $15M Coinbase impersonation scam, allegedly stealing seed phrases from victims. 🌍 Market Data Snapshot: Overall crypto market cap down notably over the last 24 hours. Bitcoin dominance remains over 55%, with trading volumes mixed as markets recalibrate.
At the moment of a major breakdown, no matter how strong the support is, it will seem so weak and powerless. Currently, this wave of decline will end and a new wave of rebound will come. The current market can use this low point as a stop loss, focusing on going long. One can try to go long between 2920-2930, with the stop loss at the previous low. Wait for it to form a new peak before looking for high positions to short. Just do it.
$BTC Dive into the dynamic world of crypto trading and discover the fundamental principles of decentralized finance. Understanding market volatility, risk management, and the power of secure wallets is crucial for success. Continuous learning is the key to navigating this exciting ecosystem. Always conduct your own research (DYOR)! #BinanceABCs
Would you like me to elaborate on any of the concepts mentioned, like risk management or decentralized finance?
JuCoin Core Harvest Logic: Early violations in virtual currency trading, suspected false advertising, asset misappropriation, ultimately leading to withdrawal and disappearance due to policy regulation and compliance loopholes, resulting in many users facing withdrawal difficulties and assets being unrecoverable.
Lacking domestic qualifications for virtual currency trading, it is an illegal financial activity with no regulatory constraints, and asset security is not guaranteed.
Exaggerating platform strength, fabricating trading liquidity, claiming "capital preservation with high returns" and "secure custody," inducing retail investors to enter the market and hoard coins.
After the funding chain breaks, forcibly limiting user withdrawal amounts and frequencies, gradually closing withdrawal channels, and ultimately going missing after issuing a withdrawal announcement, user-held assets directly "evaporate."
Has been warned and interviewed by regulatory authorities in multiple places, is a typical case of early cryptocurrency exchanges running away, involving a large user scale and significant financial losses, sounding the alarm for risks in virtual currency trading platforms.
$BTC $ETH $BNB 📊 Market & Price Updates: Bitcoin and major cryptos remain volatile with price fluctuations and market pressure continuing this week. Prices have shown mixed signals after recent sell offs.Ongoing market coverage and live updates continue for BTC, ETH, altcoins and broader crypto trends. 🏛️ Regulation & Policy: UK Crypto Regulation: The UK government revealed plans to implement a formal regulatory framework for cryptoassets by 2027, bringing digital asset firms under rules similar to traditional finance to enhance consumer protection and market stability.U.S. Trust Banks: Major crypto players like Ripple and Circle received initial approval to establish national trust banks a big regulatory step in the U.S. for crypto banking integration. 💰 Major Industry Moves: Abu Dhabi Becoming Hub: Crypto leaders and investors are gathering in Abu Dhabi for partnership talks and capital inflows, highlighting its rising role as a global crypto investment center.Stablecoin issuer Tether made headlines with a €1.1BN bid for Juventus FC, though the offer was rejected by the club’s owners. 🛑 Scams, Fraud & Legal: A massive crypto scam defrauding investors of about ₹2,300 crore in northern India led to arrests and asset seizures.Another victim in Ahmedabad lost ₹53 lakh in a crypto fraud scheme after being lured by fake online investment claims.Ethereum whale selling 7,600 ETH drew market attention but didn’t trigger a breakdown showing mixed on chain dynamics. 🔍 On Chain & Influencer Moves: Vitalik Buterin reportedly sold small amounts of UNI, KNC, and Dogey Inu, converting to USDC sparking chatter about whale behavior.A bullish price prediction narrative on XRP targeting potential all time highs is circulating in some market commentary.
The SOL technical aspect shows a weak pattern, with prices running below the short-term moving averages. Each rebound quickly falls back, and shrinking volume indicates capital outflow. There is still space for further decline, and if it rebounds to the resistance zone, it is advisable to short.
Operational suggestion: Short around 132-135, targeting 125-122. If it breaks down, continue to target lower. #加密市场观察 #加密市场反弹 $SOL $BTC $ETH