#中国🇨🇳政府监管 just exploded! Seven associations are confronting the cryptocurrency world, but the United States is betting on the future of blockchain? This contrast is too exciting
The news that my family just brushed past left me stunned——
The seven major financial associations in China (including internet finance, banks, and other top players) have just joined forces to make a strong statement: virtual currencies and RWA tokens are nothing but a “pretext” for illegal fundraising! Coins like π and stablecoins are all traps, clearly stating “this stuff is not legal tender, it cannot be used domestically,” and they have ordered financial institutions to refrain from involvement, urging ordinary people to keep their distance.
On this side, the regulatory iron fist has just come down, while on the other side, the United States is directly “turning the tables”: the SEC chairman has declared “in the next 2 years, all markets in the U.S. must move to the blockchain,” saying that tokenization can clarify asset ownership; Vitalik Buterin is even more direct, complaining that there is currently a lack of an on-chain gas futures market, otherwise who knows if transaction fees will skyrocket in two years.
Additionally, Saylor, who holds a massive amount of Bitcoin, directly threw the “selling coins calculation” in their face: if equity is valuable, sell equity; if Bitcoin is valuable, sell coin derivatives, emphasizing “whichever side makes a profit, hold onto that side.”
So, I ask, is this contrast stimulating enough? On one side, China is shutting down virtual currency risks, while on the other side, the United States is betting on the future of blockchain, and even the big shots are openly “calculating accounts.”
What do you think, is this round more stable and precise in China, or is America betting on the future? Share in the comments your most anxious experiences in the cryptocurrency trap! $USDT
#一姐meme文化 Binance's He Yi just said: You guys are taking words from the official Twitter to issue coins, it has nothing to do with me!
I just saw the latest remarks from Binance Co-CEO He Yi, directly pointing out the issue of "the community taking words from the official Twitter to issue coins"—
"Our official Twitter can be called whatever name and post whatever style, that's the freedom of operation, but if you take a couple of words from my speech or the official Twitter posts to issue new coins, that's purely the community messing around, it has nothing to do with Binance whatsoever!"
Her words are quite straightforward: on one hand, she says, "We can't stop tweeting just because some people love to 'find angles'," while on the other, she draws a clear line—are Binance employees allowed to touch any token issuance or promotion work? Not a chance. Even the phrase "encouraging employees to innovate" was specifically supplemented with, "limited to daily work, completely unrelated to issuing coins."
In the end, she threw in the line, "The fate of expression is to be misunderstood," and added, "Investment risks are to be borne by yourself (DOYR)."
Honestly, this situation is too common in the crypto circle—when top platforms or influencers casually say something, immediately someone digs out words, rides the hype to issue new coins, and while they are "taking" traffic, they might just run away with the money. This time, He Yi directly broke the window paper, which essentially serves as a reminder: don't rush just because you see 'related to Binance', we won't take the blame.
What do you think, is this He Yi avoiding a pitfall in advance, or is the community's hype operation too outrageous? Let's discuss in the comments the most outrageous "taking words to issue coins" operations you've seen! $币安人生 $客服小何
#美国政府 The US economy is facing a crisis, is the cryptocurrency market about to go on a roller coaster ride?
Folks! The 'recession alarm' for the US economy is ringing loudly, and the cryptocurrency market is likely to feel the tremors!
The newly released data is shocking: the ratio of US leading economic indicators to coincident indicators has dropped to 0.85, the lowest since the 2008 financial crisis, and it has been declining for four consecutive years! Those in the know understand that one of these indicators looks at 'future economy' (consumer confidence, factory orders, etc.), while the other looks at 'current economy' (real-time data like non-farm employment). Historically, when this ratio collapses, the US economy is surely in recession.
This issue hitting the cryptocurrency market translates to a rhythm of 'panic followed by gambling': in the short term, once the recession appears, risk assets like US stocks and cryptocurrencies will definitely be sold off for safety—Bitcoin and Ethereum will likely take a hit first; but if the Federal Reserve can't hold back and shifts from raising interest rates to cutting them and injecting money, then the loose funds may flow back into the cryptocurrency market, and in the long run, prices might rebound.
What's most exciting is the current 'middle state': the economy has already faced a crisis, the Federal Reserve hasn't loosened up yet, and the cryptocurrency market will likely experience 'sharp declines + sharp rises' in rapid succession, with volatility reaching its peak.
What do you all think about this wave—is it better to wait for a big drop or to directly buy the dip and bet on a rebound? Guess the wave trend in the comments! $BTC $ETH $BNB
#西联汇款 Western Union is making a big move: issuing a stablecoin card to 'save' the wallets of countries with high inflation
Folks, international remittance giant Western Union has recently pulled off a bold move—issuing a payment card that can be topped up with stablecoins, targeting countries with skyrocketing inflation!
Take Argentina, for example; last year inflation soared above 200%, and the local currency depreciated rapidly, causing people's money to lose value in the blink of an eye. This card from Western Union perfectly addresses this pain point: using a dollar stablecoin as a 'wallet,' no matter how much the local currency devalues, the assets in the card are anchored to the dollar, and when receiving remittances, the money is directly locked in stablecoins, effectively providing a 'devaluation buffer' for purchasing power. Western Union's CFO has stated clearly: this card is designed to help people in high-inflation areas protect their money.
But that's not all; Western Union is also working on its own stablecoin—called USDPT, which is issued in collaboration with Anchorage Digital on the Solana blockchain, with plans to launch in 2026. Essentially, they are first testing the waters with the payment card, and later will issue their own coin, tying traditional remittances and crypto assets together, aiming to build a new bridge in the scenarios of cross-border transfers and local spending.
However, this isn't without its challenges: Is the stablecoin reliable? Are local regulations allowing this? These are all unknowns. But to put it another way, for countries where money becomes less valuable over time, can this card be considered a 'lifeline'? Can the combination of traditional finance and crypto assets become a new option for emerging markets? (Not suitable for China users) Do you think this card can become popular? Let’s chat in the comments! $ASTER $ZEC
#加密货币 Is cryptocurrency about to "change"? This time the approach is completely different from what you think.
Did you think the mainstreaming of cryptocurrency meant a surge in Bitcoin or the hype of NFTs? Wrong—it's quietly changing its appearance: it's neither dominated by Bitcoin and Ethereum nor the excitement created by NFTs and meme coins, even technical terms like EVM and SVM are taking a back seat.
Today's blockchain is no longer focused on the "chain"; it has become a "block database"—like setting up a "shared trusted hard drive" for millions of apps, where any application can directly pull data from it, ensuring security and reliability.
This transformation has three "counterintuitive" aspects:
- Previously, each chain was like an island; now, "interoperability" is the key—without data connectivity, even the most apps are just playing in their own sandboxes; - When AI and blockchain team up, business models change directly: the chain manages the authenticity of data, while AI manages how to use the data, enabling finance to automatically match suitable loans and supply chains to predict inventory based on data. The processes that used to take a lot of time can now be done with just a click; - The future of frictionless finance does not necessarily require a "super giant chain"; what is needed is a "universal foundation" similar to internet protocols— it may not grab the spotlight, but all services can run smoothly on it.
In short, cryptocurrency isn't about becoming a "celebrity coin"; it's about being the "invisible infrastructure" behind the apps on your phone and your daily spending.
Do you think this "quiet change" is truly reliable or just another empty promise? Come to the comments section and discuss! $BTC $ETH
$USDT $ASTER Cryptocurrency market explosion! Hong Kong shelves USDT, mainland fully bans it, regulatory combination punches strike at stablecoins
Family, who understands this! The cryptocurrency market has just welcomed a wave of "double blows," with Hong Kong and the mainland synchronously taking action against stablecoins, this regulatory storm has turned the entire industry upside down!
First, let's look at the mainland side, this time they have really taken hard measures! The authorities have clearly defined stablecoins as belonging to illegal financial activities, and it’s not just as simple as banning trading; criminal responsibility will also be pursued. According to statistics, this year alone, over 300 related cases have been investigated, with the amount of involved funds successfully intercepted reaching as high as 4.6 billion! Anyone with clear eyes can see that this operation is clearing obstacles for the comprehensive promotion of the digital RMB, and nobody should think they can exploit loopholes anymore.
Now turning our attention to Hong Kong, after the new regulations were implemented, the situation has drastically changed! Because the issuer Tether did not obtain a compliant license, ordinary retail investors are completely banned from trading USDT, only professional investors can participate. It is evident that Hong Kong's operation aims to use high thresholds to filter compliant institutions, firmly locking the application scenarios of stablecoins in sectors such as cross-border trade and tourism consumption, rather than allowing them to grow wildly in the speculative market.
With this regulatory combination punch, the signal for industry reshuffling has been fully activated: the trading of USDT in the mainland will inevitably shrink rapidly, with funds either flowing to digital RMB or finding new compliant channels; more transparent compliant stablecoins like USDC might seize the opportunity to capture market share; Hong Kong aims to attract large institutions through strict regulation, creating a high-end compliant financial experimental area.
On one side is the complete ban from the mainland, and on the other is Hong Kong's retail investor ban, with USDT, the largest stablecoin in the cryptocurrency market, facing continuous restrictions in core markets. Could this be the starting point of a new round of industry reshuffling? Can Hong Kong's "sandbox experiment" become a new entry point for mainstream funds in the future? Come and share your thoughts in the comments! 👇#香港监管收紧
$DOGE Dogecoin New Year aims for $2? Overseas community has collectively FOMO'd, can Musk take it to the moon again?
Family, who understands? Recently, the overseas circle of Dogecoin has completely exploded, and the target of $2 for the New Year has become a consensus. Many foreigners are even shouting out mid-term goals of $2.36 and a long-term target of $7.2, creating an unstoppable wave of fervent FOMO in the entire English community.
"To play Dogecoin, you have to follow the foreigners!" This phrase has been flying around the overseas crypto space lately. It's important to know that the current popularity of Dogecoin owes much to Musk's 'little puppy' meme; a single joke from him once sent Dogecoin's market value on a roller coaster. Now, the overseas community is collectively bullish, with many betting that Musk can pull off another miracle and lead this 'little puppy' to a new round of sprint.
Some have reported that discussions about Dogecoin on recent overseas social platforms have surged threefold, with many retail investors sharing their holdings screenshots, shouting to 'follow the big team and get the soup.' There are also technical analysts stating that Dogecoin's trend has shown key breakthrough signals, and the $2 target is not baseless, with the $2.36 mid-term level being marked by many analysts as a 'reasonable expectation.'
However, the atmosphere in the domestic circle is completely different, with more cautious voices prevailing. Many veteran players are reminding that cryptocurrency is highly volatile, and the overseas enthusiasm may likely be short-term speculation. Blindly following trends can easily lead to being 'cut like chives'; it's better to lay out a steadier plan.
On one side is the overseas community's collective bullish expectations, and on the other side is the rational conservatism of the domestic circle. Now, Dogecoin stands at the crossroads of the wind. Finally, I want to ask everyone: which side are you on? Will you ride the wave of overseas enthusiasm, or will you hold on to the steady pace of the domestic market and observe until the end? Let's discuss your choice in the comments!#马斯克概念
#币安CEO He Yi Takes Charge of Binance: From "Chief Customer Service" to CEO, a Female Executive's "Down-to-Earth" Work Philosophy
The crypto community has been talking about who these days? He Yi! Yes, she is the woman who just took the position of Binance CEO, but still refers to herself as "Customer Service Xiao He" on Twitter.
To be honest, everyone knows CZ at Binance, but He Yi is the soul of the company that makes you feel, "This company really has warmth." From Chief Customer Service Officer to CEO, from her "official title" to being known as customer service in the community, her story is almost another side of Binance—no lofty elite feeling, just sincerity of "I'm here to solve problems."
Recently, she mentioned two particularly interesting things in an interview. First, the entrepreneur she admires the most is Duan Yongping. Yes, the Duan Yongping who believes in "doing things properly and being a proper person." In a crypto world where everyone wants to "make it big," this return to essential values reveals a rare clarity. Second, when she talked about women's choices in the workplace, she didn’t offer grand theories, just one sentence: find what you truly want to invest in, and then go all out. No gender opposition, no selling anxiety, which makes people willing to listen.
After CZ expanded the territory with an idealistic approach, what Binance needs now may just be a "down-to-earth connector" like He Yi—understanding users, understanding the community, and better understanding how to bring the gigantic entity back to the essence of "service."
What do you think He Yi taking over as CEO will bring to Binance? Has her workplace perspective inspired you? Let's discuss in the comments!
$PEPE After the internal strife, the PEPE team was hacked and fell into "multiple crises". Who will guarantee the security of investors' assets?
Hey, friends in the cryptocurrency space, pay attention! Something big has happened! Today I came across news that the wildly popular PEPE coin official website in the Meme circle was hacked! In simple terms, you enter the official website without any issues, and suddenly the page “flashes” and redirects you to some dangerous link you don't know about—it's just like planning to go home but stepping into someone else's trap!
This is no small matter. Think about it, how many people just wanted to check the coin price, see the project progress, and ended up inadvertently exposing their wallet authorization or private key passwords? At best, they will be constantly harassed with messages; at worst, their digital assets could vanish without a trace. This is no joke. Although it's still unclear who did it and what they specifically want, this incident serves as a loud warning bell—"There are risks in the coin circle, click with caution" is not just a casual phrase.
So, for those of us who play with coins, grab airdrops, or rush to new projects, we really need to stay alert: Don't click on suspicious links, it's best to access the official site via bookmarks, and treat any pop-up asking for authorization or mnemonic phrases as a scam! Safety is always worth the trouble.
What do you think? Will this attack affect your view of Meme coins? How do you usually protect your crypto assets? Looking forward to chatting with you in the comments! #加密市场观察 #美联储降息周期
$BTC Rate cuts won't save Bitcoin! The rebound from a few days ago was just a replay of the 'buy the expectation, sell the fact' routine.
The market is betting on the Federal Reserve cutting rates in December, but don't be foolish—rate cuts won't drive the Bitcoin bull market!
Look at the rebound from a few days ago; Bitcoin surged from $84,000 to $92,000, an increase of over 9%, and Ethereum even broke through the $3,000 mark. On the surface, it seems to be due to rising interest rate cut expectations, but if you think about it carefully, isn't this rebound exactly the same as the movement after the rate cut on October 29?
The interest rate cut expectations have already been completely digested by the market!
The CME FedWatch tool shows that the probability of a 25 basis point rate cut in December has surged to 87%. Big institutions like Goldman Sachs and JPMorgan are all shouting 'set in stone'. But the problem is, this expectation was already digested by the market during the rebound in September-October! How much upside is there left if we are just reheating old news?
$ETH Ethereum's upgrade this time has directly eliminated the "free benefits"!
Brothers, Ethereum's Fusaka upgrade has directly skyrocketed the "almost free" blob fee to the heavens—Li Lihua from Liquid Capital said this fee has surged 15 million times!
Previously, this blob fee seemed almost free, consistently stuck at 1wei (approximately 0), with nodes working every day to verify data, earning less than the electricity costs; now EIP-7918 has added a "bottom line mechanism", requiring the blob fee to be ≥ 1/15 of the mainnet Gas fee, which essentially assigns a real price to resources: want to occupy Ethereum's expansion data package? You must first cover the costs!
This wave is not just a price increase; it also opens a new avenue for ETH deflation—the blob fee will now be used to destroy ETH! Some have calculated that the amount of ETH destroyed could increase by 8 times, and by 2026, this portion could account for 30% to 50% of total destruction; the hotter L2 gets, the more ETH is burned, and this deflationary buff will stack up.
Of course, some worry about rising L2 costs? Don’t worry, the upgrade has also brought PeerDAS technology, which allows for more blob storage, meaning that while prices rise, capacity has also expanded, and L2 will digest the costs itself, so users may not necessarily spend more money.
In simple terms, this is how Ethereum has cut the "free benefits": if you use resources, you must pay; if nodes work, they must earn money, and it can also make ETH scarcer.
What do you think, is this wave making the Ethereum ecosystem healthier, or will L2 start to roll on costs? Betting five cents in the comments, will L2 offer "blob fee subsidies"? #以太坊升级
#美联储 Tonight at 11 PM! This "US Inflation Bomb Data" is about to explode, concerning your wallet!\n \nTonight at 11 PM, there is a result coming out for a "top US inflation indicator"——Core PCE, and the market bets it will be 2.9%. Don't think this number looks familiar and scroll away; this thing is the "lifeline" of the Federal Reserve, capable of shaking your funds and exchange rates in an instant!\n \nWhy is this number so powerful? Because it is the Federal Reserve's "favorite child" inflation indicator——it's harsher than the CPI we usually hear: CPI only counts what you buy, while it includes even the money you didn't spend (like the health insurance your company pays for), and updates weights every quarter, accurately monitoring your thoughts of "switching to cheaper goods when prices rise." The key is it excludes "emotional goods" like oil and vegetables, focusing on housing and healthcare, which are "essential prices"—when these rise, they don't fall back, and this is the core for the Federal Reserve to judge that "money is becoming less valuable."\n \nThe expectation of 2.9% looks stable as a rock, but it's all a show:\nOn one side, oil prices and vegetable prices skyrocketed in September (gasoline increased by 3.5% month-on-month), while on the other side, rental and financial service fees quietly decreased. Balancing both sides, core inflation is stuck here. But behind this number is a "life-and-death game": the Federal Reserve is having a meeting in December, hawks say "2.9% is still almost double the target, we can't lower interest rates," while doves shout "the unemployment rate is already 4.4%, if we raise rates again, companies will go bankrupt."\n \nOnce this number comes out, your wallet will react immediately:\n \n- If it's still 2.9%: tech stocks and consumer stocks in funds can catch a breather, the dollar might drop a bit, and gold will neither rise nor fall;\n- If it rises to 3%: the dollar will soar, and the gold and US tech stocks you bought will drop;\n- If it falls to 2.8%: that's equivalent to giving the market a red envelope, stocks and gold will rise together!\n \nThe most absurd part is that this number should have been released much earlier, but the US government shutdown delayed it until now—if even the data can be politically constrained, how reliable can this inflation number be?\n \nLastly, let me ask you: tonight's 2.9%, do you bet it's a "laid-back number" or a "scene exploder"? Guess in the comments!
#BlackRock buys a large amount of $btc The crypto world is in turmoil! BlackRock just bottomed out at 70 million, but the Bitcoin whale is "braking"?
The crypto folks who just woke up first look at this wave——Asset management giant BlackRock just took 153 BTC + 16,000 ETH from Coinbase 5 hours ago, directly throwing 67.48 million dollars into the market! This is real cash "sweeping the market"; you should know that these two currencies are still grinding in a volatile pit, is BlackRock betting on the bottom in advance?
While the giant is busy bottoming out, the Bitcoin "number one whale" Strategy is hitting the brakes: not only has the stock price collapsed by 42% in three months, but the speed of buying coins has been cut to "zero"—last month it only added over 9,000 BTC, while the same period last year bought 130,000!
However, JPMorgan just gave this whale a reassurance: as long as "enterprise value ÷ Bitcoin holdings" remains above 1, there is no need to be forced to sell coins (the current number is 1.13, just hitting the safety line). More brutally, this company still holds 1.4 billion dollars in cash reserves, so even if the coin price continues to fall, they won't go hungry in the short term. But there’s a risk to watch out for: if they are kicked out of the MSCI index, the 8.8 billion dollars might run off directly, will this safety cushion be enough then?
On one side, BlackRock is spending money to bottom out, while on the other, the whale is retracting its hands to save itself; the current crypto world is simply "two extremes".
What do you think, is BlackRock really optimistic or just short-term arbitrage? Can Strategy's 1.13 safety line withstand the next wave of decline? Bet on a direction in the comments: will the coin price rise next or continue to grind? $BTC $ETH
$BTC Will the Bitcoin whale "crash the market"? JPMorgan reassured the market with one sentence
Brothers, there’s new drama today regarding the world’s largest Bitcoin holding company, Strategy, planning to sell coins!
As a "whale" holding a massive amount of Bitcoin, if Strategy decides to sell, it could shake the crypto market in an instant. But JPMorgan directly stated yesterday: as long as it keeps the "enterprise value ÷ Bitcoin holdings" number steady above 1, there’s no need to be forced to sell—currently, this number is 1.13, just above the safety line.
How important is this? Recently, the crypto market has plunged dramatically, and Strategy's stock price has fallen 42% over the past three months, while the speed of buying coins has been cut down to the "ankles": last month, it only added over 9,000 coins, whereas during the same period last year, it bought over 130,000 coins! If it sells coins now, the price might take another hit.
But don’t panic, this company still holds $1.4 billion in "reserve funds"; even if the coin price continues to fall, it won’t starve in the short term. However, there’s a thunderstorm to watch out for: if it gets kicked out of the MSCI index, it could directly lose $8.8 billion, and at that point, it’s uncertain whether this safety cushion will be enough.
JPMorgan said that as long as this ratio can be stabilized, the Bitcoin market could have less volatility. But here's the problem: how long can Strategy maintain this "above 1" safety line? If the coin price falls further, will it secretly reduce its holdings?
Do you think this "whale" can withstand this wave of pressure? Bet in the comments: will it increase or decrease its holdings next? #比特币VS代币化黄金 #美联储降息预期升温
$ETH Ethereum is making a big move: Privacy + seamless interoperability, will Web3 become a "WeChat-level" tool?
Brothers, Ethereum has directly addressed the "anti-human operation" of Web3 this time!
In the past, buying an NFT across chains meant switching networks 5 times, signing 3 authorizations, and keeping an eye on the Gas fees until your eyes hurt? Now it has thrown out a "interoperability roadmap," packing in privacy as well—using Web3 in the future may be easier than using WeChat.
First, let's look at a stunning privacy operation: Alice wants to transfer $1000 to Bob, but doesn't want him to know her wallet balance. How to do it? Bob throws out an "invisible public key," and Alice uses this key to generate a disposable invisible wallet to transfer money; Bob takes a glance at the network and directly pulls the money into his real wallet, and this invisible wallet "evaporates" after use—it's impossible to trace who made the transfer or where the money came from, even more private than cash transactions.
But this is just an appetizer; the core secret weapon is Ethereum's "Great Unification Plan":
- OIF Intent Framework: You don't have to write complex instructions like "cross-chain then authorize," just say "I want to exchange USDC on Chain A for ETH on Chain B," and the system automatically finds the optimal path—just like ordering takeout and only saying "I want fried chicken," without worrying about which route the delivery person takes. - EIL Interoperability Layer: This is a set of "universal interfaces," so in the future, if you want to use money on Base to play games on Arbitrum, just click "start"—the backend EIL automatically packages the transaction, covers Gas, and settles across chains, without needing to switch networks, making it no different from operating on the same chain.
What's even more powerful is that these two can also stack buffs with privacy features: after transferring money with an invisible wallet, buying an NFT across chains through OIF + EIL is fast and private throughout—you don't have to remember complicated steps and don't have to worry about transactions being thoroughly exposed.
Now Ethereum's ambition is clear: to make Web3 as simple as WeChat Pay—no need to understand the chain, no need to calculate Gas, just a click and it's done; at the same time, it's as private as cash, with only yourself knowing how, where, and on what the money is spent.
However, the question remains, can this operation really help Web3 break out of its niche? Or will it just be another round of tech enthusiasts' self-indulgence? Do you think this feature can solve your pain points when using Web3? Let's chat in the comments! #以太坊升级引爆PEPE市场
#CZ迪拜辨认会 Dubai Grand Debate! Gold Father vs CZ: Bitcoin Used by 500 Million People, Is It a Ponzi Scheme or a Revolution?
On the stage of Dubai Blockchain Week, "Gold Father" Peter Schiff and Binance founder CZ faced off, directly bringing the industry discussion to the trending list! On one side is an old expert who has upheld the physical value for a thousand years, and on the other is a new crypto heavyweight with 500 million users. This belief battle between gold and Bitcoin was high-energy throughout.
At the start, CZ threw out a "soul-searching question": how come Schiff, who has always been pessimistic about cryptocurrencies, suddenly started tokenizing gold? Schiff was honest, stating that his project is to put physical gold on the blockchain to enable convenient circulation, while not forgetting to kick Bitcoin: "My token is backed by real gold, Bitcoin is just unendorsed air, relying solely on speculative fantasies!"
To counter the pain point of physical assets, CZ took out a $130,000 gold brick on the spot and handed it over. Unexpectedly, Schiff examined it for a long time but couldn’t tell its authenticity, frankly saying it needed to be tested. CZ seized the opportunity to retort: "Verifying on the Bitcoin chain takes seconds; this gold brick is hard to distinguish real from fake and can’t even circulate across borders!" He also shared real experiences of African users, who used to take three days to pay bills but now can solve it in three minutes with cryptocurrency, which is a real efficiency revolution.
Schiff, however, stuck to "physical backing", claiming that gold has industrial value and a limited total supply, while Bitcoin is just a digital ledger, and new coins can be issued endlessly. CZ immediately countered: "Google and the internet are both virtual; who can say they have no value? Bitcoin's total supply is capped at 21 million by code; who can accurately calculate the gold reserves in the Earth's crust? With synthetic gold technology emerging, where is gold's scarcity?"
When Schiff labeled Bitcoin a "Ponzi scheme", CZ directly threw out the data of 500 million users: "A system used by 500 million people, can it be called gambling? How many people have improved their lives with it? This is a real financial revolution!" In the end, while the two reached a cooperation for the gold token to go live on Binance, they still held their own views; Schiff firmly believes gold will win, while CZ confidently stated that Bitcoin's price increase will be even more explosive.
After watching this peak showdown, are you on the side of gold or crypto? Let’s discuss your thoughts in the comments! #币安华语见面会 #金融变革
#CZ大表哥 After saying goodbye to his role as CEO of Binance, CZ surprisingly started doing these things!
Who would have thought that CZ, who once held the helm of the giant crypto ship Binance, would not fade from the spotlight after stepping down from daily steering responsibilities? Instead, he has embarked on a more aggressive industry layout! From promoting the BNB chain's counterattack in the US market to organizing crypto education for 80,000 children, his "post-Binance era" is even more noteworthy than when he was CEO.
CZ's relinquishing of control is not a sign of giving up, but a precise delegation of power. He strongly supports He Yi and Richard Teng to form a new team of "strategy + technology" to stabilize Binance's fundamentals, while he completely withdraws from trivial matters and dives into three core tracks. First, he invested resources into the BNB chain's "Prairie Fire Plan," aiming not only to bring crypto business back to the US but also vowing to help the US regain the title of "Crypto Capital" by connecting global investors through the BNB chain ecosystem; next, he actively monitors regulatory fronts, changing his past evasion posture, frequently engaging with various national agencies, intending to tackle the "compliance framework" hard nut; most unexpectedly is his obsession with education, as his Giggle Academy has already allowed 80,000 children to learn courses for free, and is expanding multilingual content, even planning to open tools for users to create their own courses, which he sees as having more long-term value than simply doing charity.
When talking about the future of crypto, CZ's blueprint is very practical: to make crypto payments as simple as sending a message, achieving seamless switching between fiat and cryptocurrencies. But this must first overcome three hurdles: regulatory unification, integration with traditional finance, and the improvement of supporting standards. He also shared heartfelt advice with entrepreneurs: don't chase short-term trends; relying on products and long-termism is the way to navigate through bull and bear markets. In the face of public opinion noise, he also has his own filter, only accepting constructive suggestions and treating positive feedback from users as fuel for sustainability.
From Binance CEO to industry evangelist, CZ's transformation has indeed overturned many people's perceptions. Do you think his new layout can bring real change to the crypto industry? Let's discuss your views in the comments! $BNB
#美联储利率决议即将公布 Tonight's Big Event! The US is about to release employment data, and the interest rate cut probability has skyrocketed to 94%?
Family, tonight the US stock market and cryptocurrency market may be about to "make a big deal"!
On the evening of December 4th, the US is set to release a bunch of economic data: at 20:30, the number of layoffs in November will be released, at 21:30 we will look at the initial jobless claims (expected to be 220,000), and at 23:00, there will be more indicators on supply chain pressures and factory orders.
But right now, the market is not worried about the data at all—Polymarket shows that the probability of the Federal Reserve cutting rates by 25 basis points in December has already reached 94%! This is practically cementing the expectation of a "rate cut".
What impact will this have on the market we care about? If the rate is really cut, tech stocks and growth stocks will likely soar (after all, lower interest rates make borrowing money for stocks more cost-effective), while those high-dividend "stable stocks" might be abandoned by funds; even if tonight's employment data is stronger than expected, the market will probably stubbornly say: "This is the last strong data, it will definitely cool down later," and the pullback may not be deep.
The cryptocurrency market is more direct; Bitcoin, Ethereum, and other "high-risk toys" are hoping for more liquidity from the US dollar—once the rate cut comes, money will flow into risk assets, and cryptocurrency prices will likely jump up; even if the data comes in weak and shakes the rate cut expectations, after the drop, it will probably still rise back following the easing trend.
Now we are just waiting for tonight's data to "check the goods": weak data will directly hammer down the rate cut; strong data will at most splash a little water.
What do you think, is tonight's move an "early reveal" or a "reverse explosion"? Place your bets in the comments! #加密市场观察
#C2C Is the U Card new神器U hot? First, understand these risks before diving in!
Recently, with policy tightening, many people have started to focus on the U Card, an old item, calling it the 'God Card' that connects the crypto world with reality? But let's not rush to follow the trend; today, we'll clarify the fundamentals of the U Card for everyone!
In fact, the U Card is just a USDT bank card. You first deposit stablecoins like USDT into it, and when consuming, withdrawing cash from ATMs, or making cross-border payments, it will automatically convert to fiat currency, just like a traditional bank card that requires pre-loading before use; it is not a credit card. It primarily aims to bridge crypto and real-world payments, equivalent to a more 'compliant' C2C, mostly in cooperation with overseas banks and blockchain institutions, issued by payment companies like Paytend or institutions collaborating with Visa and UnionPay. There are both virtual and physical cards, and it can be linked to Apple Pay and Alipay for direct transactions.
Doesn't it sound much better than ordinary C2C? But there are plenty of pitfalls! First, there are very few service providers that can serve mainland users, and you have to choose reliable ones, as many CS project parties also issue U Cards. The threshold is honestly not low, and each card has a payment limit, making large transactions impossible.
More importantly, the risks! Mainland regulators clearly state that virtual currency trading is illegal financial activity. Exceeding limits with the U Card for currency exchange abroad may very well cross the red line of foreign exchange controls and even be classified as money laundering; there may also be tax declaration requirements for deposits and consumption, and failure to report can lead to penalties; choosing the wrong issuer can easily lead to security issues, and some U Cards have high cash withdrawal fees, with not all ATMs accepting them. Moreover, do not load black or gray U; once frozen, it’s guaranteed!
The U Card itself is not illegal, but stepping over regulatory red lines can lead to legal issues. To be honest, this thing looks good, but the thresholds and risks are evident. Do you think the U Card can become a reliable channel for ordinary people to use U? Let's discuss your thoughts in the comments!