星光web3

Binance’s latest security incident has certainly drawn a lot of attention.

According to @binance’s latest announcement, withdrawals of BTC, ETH, and some stablecoins have begun to resume in phases, with other assets to follow.

The amount of funds involved in this incident was substantial. Binance says it has now replenished about 95% of the affected assets.

I think that for a major exchange, the day-to-day trading experience is one thing, but its ability to handle unexpected situations is just as important.

What users care about most is whether their assets will be handled properly and whether the platform can resolve issues promptly.

The progress of the recovery efforts is worth keeping an eye on. I also hope the industry as a whole will place greater emphasis on asset security and user protection.

#Binance #Crypto #Exchange

Bitcoin has fallen below 78K; you can basically start compounding your position.

BTC’s rapid plunge below $70,000 this time wasn’t caused by a single headline—it was the result of three bearish factors converging.

1. Institutional funds shifted direction: U.S. spot BTC ETFs recorded $635 million in net outflows on 10/22, after seeing large inflows the day before. Funds quickly diverged and took profits early. This rally had been driven largely by ETF buying, so when that buying dried up, support quickly weakened.

2. Macroeconomic expectations cooled: U.S. inflation data remained mixed, while CME interest rate futures priced in later rate cuts and smaller reductions. Crypto is a risk asset sensitive to U.S. dollar liquidity. As Treasury yields rose, investors pulled funds first from crypto and Nasdaq-linked assets.

3. Leveraged liquidations accelerated the decline: Once prices fell below key support, large numbers of long contracts were automatically liquidated. Selling from those liquidations pushed prices lower still, and cascading liquidations magnified the drop. Over 10,000 accounts were liquidated in 24 hours, with long positions bearing the brunt.

All of today's data points straight to 7W8.

BP-339BCE40BE57

Right now, the callback is because the bill failed, and the market is already factoring in a Federal Reserve rate hike battle in advance. Funds first take shelter by selling, so BTC drops to 76893.

Key timing

Beijing time: Thursday at 02:00 a.m., only then will the rate-hike result come out. After that, there will be remarks from the Chair. This is the real turning point for the big move.

The market currently prices in a 92% probability of a 25-basis-point hike, and some of the negative news has already been reflected in advance.

Three possible scenarios:

1. The hike actually happens, and the remarks are hawkish → BTC continues to fall and tests 75600–74800
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2. A hike happens, but the remarks are more dovish, implying no more hikes ahead → bad news is fully priced in, and there will be a direct rebound and surge
​
3. No hike (very low probability) → a sharp rally

What’s happening now is only a pre-decision pullback, not the decision itself. Later around midnight, there will be violent wicks—don’t go heavy on leveraged positions and hold through it.

Tonight is the top priority.

1. 20:30 tonight (Beijing time): Release the U.S. August CPI inflation data. This is the last ace before the September policy meeting and directly determines whether the Fed will raise interest rates.
​
2. September 15–16: The Federal Reserve’s policy meeting; the interest rate decision will be announced.

2) Current market expectations (CME FedWatch)

- Probability of a 25bp hike in September: 71.3%; the probability of keeping rates unchanged is only 28.7%
​
- Probability of another rate hike in December is close to 60%. The market has started pricing in the possibility of two rate hikes within the year.

Waiting… Tonight at 8:30, the signal will be sent

5U Roll Up
My heart can't take it anymore

You were always a gambler.
In the end, the last 5U turned into a pig-iron tough guy.

5U War God Maxed out 150x leverage

Is it a smoke bomb?

Official account?

Don't panic yet. It's all a smokescreen.

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Huma Finance is reshaping financial liquidity, making global payments and lending more efficient.
#HumaFinance

Alright. Now the third wave begins.

The House Republicans failed to pass a procedural motion to block bills, including several cryptocurrency proposals and the defense spending bill, from entering the formal consideration process, with a vote result of 196 in favor and 222 against. #美国加密周

Definitely not. The meeting hasn't started yet.

Currently, it seems that the peak value of the third wave of the big cake will decline.#CPI数据来袭 #比特币巨鲸动向

Binance Alpha will be the first platform to launch LayerEdge (EDGEN)
According to the official announcement, Binance Alpha will be the first platform to list LayerEdge (EDGEN), with trading opening on June 2, the specific time will be announced later.
In addition, eligible users need to use Alpha points on the Alpha event page to claim the airdrop.