Discovered a new AI instruction: You are a professor, and I am your intellectually disabled graduate student with no foundation. I will present a PPT literature report at next week's group meeting. Please interpret this paper for me so that I can completely understand it. Note! I have intellectual disabilities, so you must help me explain it clearly. You can first plan how to ask you questions in the most appropriate way, guiding me step by step to understand this paper and complete the final PPT report.
Because I've been watching documentaries on YouTube, my financial understanding has improved several levels.
1.(Madoff: The Wall Street Money Monster)(2023): Focuses on the largest Ponzi scheme in history, restoring the entire process of Madoff's $64 billion fraud over 20 years through undisclosed testimonies and exclusive interviews, revealing the trust loopholes and regulatory blind spots in the financial system.
2.(HSBC: The Money Laundering Empire)(2023): Exposes the insider story of HSBC providing money laundering channels for drug cartels and terrorist organizations for years, tearing apart the "compliance facade" of international big banks to reveal the profit-driven darkness and moral vacuum underneath.
3.(The Black Amber of the Cryptocurrency Abyss)(2025): Directly addresses the chaos of Web3 through a suspenseful narrative, tracking the capital competition behind the theft of blockchain prototypes, revealing power manipulation and financial crimes under the ideal of decentralization.
Bitcoin has likely found a short-term bottom, and a rebound to $100,000 may occur
BlockBeats news, on November 29, according to Cointelegraph, after several weeks of strong selling, Bitcoin may be building a short-term bottom. A market analyst believes that the market conditions are in place to push Bitcoin to rebound to the $100,000—$110,000 range.
Trader Mister Crypto stated that Bitcoin's short-term structure is showing signs of stabilization, following what he describes as a "capitulation sell-off" in the market. He pointed out that indicators related to trader behavior show that as market sentiment plunged into extreme fear, large players have begun to open new long positions, and this combination has historically often signaled rebounds during downturns. One of the key technical signals he cited is the RSI (Relative Strength Index) on the Bitcoin weekly chart, which is currently approaching the 30 level. He said: "We are seeing the bottom for Bitcoin right here. The RSI is close to 30. Boom (bottom)."
The analyst noted that this area has often been highly correlated with market bottoms in previous cycles. Although he cautioned that this does not guarantee that a new bull market has begun, it typically indicates at least one short-term reversal will occur. Another factor supporting the rebound view is the current distance between Bitcoin and the 50-week moving average (approximately $102,000). According to analysis, in previous cycles, Bitcoin has often shown a tendency to pull back to this level after breaking below this moving average. The current expectation is that Bitcoin may rebound, bringing the price back into the six-figure range, and only then could a deeper trend emerge$BTC
Chinese people have a deep sense of home and country. The Hong Kong fire has led major exchanges in the industry to donate funds. Although the country does not support web3 or cryptocurrencies, we stand with Hong Kong.
Below are the contributions made by the cryptocurrency community so far, thanks to all of you. 🙏
Bitget: donated 12 million HKD Binance: donated 10 million HKD OKX: donated 10 million HKD HashKey: donated 10 million HKD Gate: established a 10 million HKD aid fund HTX + TRON: jointly donated 10 million HKD KuCoin: donated 2 million HKD Avenir Group: donated 10 million HKD Matrixport: group + employees donated a total of 3 million HKD OSL: management and shareholders donated 3 million HKD in their personal capacity MicroBit: donated 100,000 USD (approximately 780,000 HKD)
Here is a more timely piece of data: the BTC Coinbase price negative premium is tending to return to positive, with the deepest negative premium last week being around -150.
After the fire at Hong Kong Wangfuyuan, many cryptocurrency companies have also joined the queue for donations. As of now, the publicly available information is:
Binance, HashKey, Avenir, Gate, OKX donated 10 million HKD OSL donated 3 million HKD KuCoin donated 2 million HKD Sheldon, Jack, Young jointly donated 1 million HKD Animoca established an on-chain donation pool Brother Sun stated he would donate