CZ denies Binance ever traded on BitMEX or booked 60,000 BTC in hedge profits during the March 2020 crash, calling the viral allegation “fake news” and technically impossible. CZ responds to a viral post alleging Binance hedged client flow on BitMEX for over 60,000 BTC in profit during the March 2020 “Covid crash,” dismissing it as fabricated “fake news”.He stresses that Binance “never traded on BitMex” and points to the exchange’s once‑daily withdrawal schedule at the time as a practical barrier to real‑time hedging of that size.Commentators and BitMEX itself say there are no records of such flows, framing the debate as another example of rumor‑driven FUD and how old anecdotes morph into conspiracy narratives. Binance founder Changpeng “CZ” Zhao has moved to quash fresh allegations that the exchange secretly booked more than 60,000 BTC in profits by hedging client risk on BitMEX during the March 2020 crash, dismissing the claim as “fake news” and emblematic of the rumor‑driven warfare that still defines much of crypto trading culture.
CZ pushes back on BitMEX hedge narrative Responding to a viral post from Flood, CEO of fullstack_trade on Hyperliquid, CZ said the allegation that Binance hedged flow on BitMEX for over 60,000 BTC in profit during the Covid‑era liquidation cascade was entirely fabricated. “4. Fake news. They just making things up randomly now. Not sure what their goal is. I feel bad for the people believing this without seeing any proof,” he wrote, adding bluntly that “Binance never traded on BitMex.” Zhao tagged BitMEX co‑founder Arthur Hayes to underline a key operational constraint at the time, noting that “BitMex processes withdrawals only once a day,” a structure that would have made real‑time risk‑hedging of that magnitude effectively impossible. Market participants quickly weighed in to deconstruct the 60,000 BTC storyline. “Exactly. BitMEX’s once-a-day withdrawal window back in 2020 made it impossible for an exchange to use it for a real-time hedge of that size,” commentator Murtuza J. Merchant argued, stressing that “no entity would trap 60,000 BTC in a manual multi-sig during a black swan crash.” He suggested the “60k figure is likely just a garbled memory of old” market anecdotes rather than a verifiable trade record. BitMEX itself has since confirmed that it has no records supporting the alleged flows and pointed to its upgrade from once‑daily batched withdrawals to real‑time payouts as part of broader infrastructure changes since 2020.
Why I'm Bullish on My Crypto Holdings Even After Bitcoin Dips to $60,000.
Many people are criticizing that the crypto is scam and Bitcoin is going back below $20,000. Here, I Believe that it is the start if Bitcoin super cycle. There are Several reason that Crypto has Entered into Bull Market. Bitcoin and ALT coins ETF Approval. If you’ve seen how gold performed after ETF approvals, you’d be surprised. Many crypto investors are still inexperienced and don’t fully understand market statistics or macroeconomics. Historically, gold never dropped back to its pre-ETF approval levels, and many analysts believe its long-term rally was fueled by ETF inflows. A similar pattern has also been observed in silver. Bitcoin was trading around $42,000 when its ETF was approved. While there were many bullish factors at the time, I believe the recent all-time highs were strongly influenced by ETF-driven institutional demand. Institution Adoption of Crypto. Major global firms, asset managers, and banks are increasingly adopting crypto. If just 1–2% of their total capital flows into Bitcoin and Alt Coins, it could push prices to entirely new levels. Under such conditions, Bitcoin potentially reaching $200,000 in the future is not an unrealistic scenario. Binance Recent SAFU 15,000 BTC Purchase worth 1 Billion Dollar. Binance world largest crypto currency exchange has recently purchased 1Billion worth of Bitcoin. Expanding the SAFU (Secure Asset Fund for Users) shows financial strength and reassures users that their assets remain protected even in extreme situations. Crypto markets are highly volatile. A larger reserve acts as a safety buffer against hacks, liquidity shocks, or unexpected market stress. While all of these highly reputed institution Blackrock and Grayscale etc, Exchanges like Binance and Coinbase, Firms like MSTR and Banks are adopting Crypto and Bitcoin and investing there Billions of Dollars in it so why do you think that you $1,000 are unsafe in Bitcoin. While it as already started adoption on Government level and the countries are announcing there reserve in Bitcoin. Market dips are normal. But historically, major bull cycles have often begun when sentiment was most negative. That’s why I see this dip not as a warning sign, but as a potential opportunity.
Bitcoin rebound after the USA CPI Data announced the expectation was for 2.5% and the CPI come lower to 2.4% that indicating the inflation is cooling down in USA and also it increase the chances of FOMC to lower the interest rates. This kinds of news are highly bullish for crypto and other financial market. Bitcoin retested the support trend line of falling wedge chart pattern that is a bullish reversal chart pattern. It has been up nearly 5% since yesterday. Bitcoin could extend the rally to $78,000 it i'll make a day close above the key psychological price of $72,000. The Relative Strength Index is now finally come from the oversold territory now it is at 37, aiming upward indicating that the price could pump. While Moving Average Convergence Divergence MACD is near to make a bullish crossover indicating that the bearish momentum is getting weaker and bullish momentum is getting Strong. however a rejection from the resistance of $72,000 will take down the price towards $67,000 again. it the decline may continue till $60,000.
The chances of FOMC to cuts the interest rates are higher, if the rates will cut this time bitcoin will surge drastic. However a rates pause will also result in the price decline as the expectation of rates cut are higher. And if the Deal of USA and Iran sort out the bitcoin will go parabolic and the price of RWAs like Gold $XAU and Silver $XAG may fall heavier. The market is highly volatile these days don't forget to manage risk. This is just my personal point of view of market not a financial advice. Don't forget to do your own research.
SOL Price are going Parabolic soon. Targeting 120$ for the February Target.
The Solana ($SOL ) was facing decline since 14 January 2026 after getting rejection from descending trend line at $140. Now the momentum in SOL is going to change from bearish to Bullish. SOL is consolidating above the support price level drawn from the low of 22 February of 2022 near $74. SOL is forming a double bottom on 1 Day and 4 hour timeframe indicating that the the momentum can shift from bearish to bullish. If SOL will start rebound from here, My Target of SOL for this month is $120. where it will again retest the descending trend line. A Breakout above this descending trend will help SOL to extend the price recovery towards $150. However a rejection again from $120$ can result in the fall of price again to $97. The Relative Strength Index RSI is at 28 under the over sold territory, aiming upward indicating that the bearish momentum is getting weaker and the price could sustain an upward rally. While Moving Average Convergence Divergence MACD signaling bullish momentum, As orange line is aiming downward and the blue line is aiming upward and they are near to make bullish crossover. If this happen we can expect a strong price rally in SOL towards 150$.
On 4 Hours timeframe SOL has already showing the increase is demand and the prices has start surge. The RSI has been out from oversold region aiming upward indicating that the bearish momentum is fading away. And the Moving Average Convergence Divergence MACD has already made bullish Crossover on 4 hour Timeframe.
P.s These are my personal point of views not a finance advice before taking any decision make sure to do your own research.
Aster Aiming to 5$? Binance Wallet partnership for on-chain perpetuals.
Aster is making a recovery on 3rd consecutive day surge nearly 9% in a day, After making a all time low at 0.4$ on last week Friday. There are several reason behind this pump of $ASTER . The Perpetuals contracts focus DEx has partner with Binance Wallet for on chain trading competition on Thursday. Aster Gain Bullish Strength as the Partnering with Binance Wallet and The Mainnet Announcement. With the recent partnership of Aster with Binance Wallet for second of on-chain perpetuals Tournament allowing its user to trade Tokenize stocks and metal at a 0% maker fee with the reward of up $100,000 USDT. Trading volume from the challenge will count toward the final season 6 ASTER airdrop.
The Actual price recovery of Aster started when they announced on there X post that the Aster chain mainnet will launched in March.
CoinGlass data show that the ASTER futures Open Interest (OI) stands at $357.13 million, up over 16% in the last 24 hours. Typically, a steady increase in OI during an uptrend indicates heightened capital inflows driven by rising investor interest. The bullish trend in capital inflows is evidenced by a positive funding rate of 0.0020%, suggesting that traders are willing to hold long positions at a premium. Additionally, the long-to-short ratio is 1.0657, which exceeds 1, indicating more active long positions than short positions.
Aster gains bullish momentum amid chances of a Golden Cross pattern ASTER is holding steady above $0.740 at the time of writing on Thursday, with roughly 9% gains in the day. The perp-DEX token has surpassed the R1 pivot point at $0.718 on the 4-hour chart but requires a decisive candle close to confirm the breakout. If ASTER closes above this level, the rally could extend to the R2 pivot point at $0.812, followed by resistance at the R3 pivot point at $0.969. The crypto is holding above the 200-period Exponential Moving Average (EMA) on the same chart, while an upward slope in the 50-day EMA suggests a Golden Cross pattern is likely. The technical indicators on the 4-hour chart reflect a clear bullish dominance in the short term. The Relative Strength Index (RSI) is at 76, rising higher into the overbought zone, while the Moving Average Convergence Divergence (MACD) extends an upward trend as green histogram bars expand.
If ASTER fails to hold above $0.718, it could retest the 200-period EMA at $0.642.
The $1 Reality Check: Why DOGE is the Only Meme King That Will Actually Make it.
In the chaotic world of meme coins, everyone is looking for the next 1000x gem. From $SHIB and $PEPE to the latest "Cat" or "Frog" coins on Solana, the hype is everywhere. But if we strip away the noise and look at the cold, hard data, there is only one meme coin with a legitimate path to the $1 milestone: Dogecoin ($DOGE ). Here is why your favorite "Dog-killer" or "Meme-utility" token might leave you holding the bag while DOGE claims the throne. 1. The "Institutional" Meme Asset Unlike 99% of meme coins that are launched by anonymous developers in a basement, Dogecoin has achieved "Institutional Status." It is listed on every major exchange, has its own dedicated mining community, and is recognized by world-class billionaires. When big money enters the meme sector, they don't buy "Baby-something-Inu"—they buy the original. 2. The X-Factor: Global Payment Integration While other communities argue over "burning mechanisms," Dogecoin is quietly becoming the currency of the internet. With the potential integration of DOGE into the "X" (formerly Twitter) payments ecosystem, it moves from a joke to a functional tool. A meme coin with real-world utility is no longer just a meme; it’s a financial asset. 3. Surviving the "Lindy Effect" The Lindy Effect suggests that the longer something has survived, the longer it is likely to survive in the future. DOGE has survived every brutal bear market since 2013. Most meme coins created in 2024 will not exist by 2026. DOGE doesn't just survive; it thrives. It has the strongest "floor" in the entire meme industry. 4. Why the Others Will Likely Fail the $1 Test Let’s be realistic about the math: SHIB : To hit $1, Shiba Inu would need a market cap larger than the entire global economy. The supply is simply too massive.PEPE & New Memes: These rely 100% on "Greater Fool Theory." They pump when people are greedy and crash 95% the moment the hype fades. They lack the decadal brand power of the Shiba Inu dog itself. Final Verdict: The King Stays King The market is a machine that transfers money from the impatient to the patient. While "degens" are chasing 1-minute pumps on decentralized exchanges, the "Smart Money" is accumulating DOGE. The road to $1 is paved with many red candles, but DOGE is the only one with the engine to get there. Stop chasing shadows. Follow the King.
The $50K Trap? Why Standard Chartered is Slashing Targets and Coinbase is Bleeding
The crypto market is currently ruled by "fear". Those who dream of $300,000 Bitcoin by tomorrow, today those who are afraid are warning of $50,000. The market always hits "hopes" and rewards those who follow "cold strategies". 1. The Standard Chartered Flip: From $300K to $50K? Standard Chartered Bank, which until recently had been eyeing Bitcoin at $300,000, has lowered its target to $100,000. Their new warning signal is that Bitcoin could “bleed” to $50,000 before stabilizing. The Logic: Momentum traders have exited the market and macro conditions (inflation and rates) are not yet in crypto’s favor. Bitcoin has fallen 45% from its October high ($126,000+). 2. Novogratz: "The Buying Stopped" Michael Novogratz, head of Galaxy Digital, made a stark statement in New York. He said that when Bitcoin crossed the psychological level of $100,000, it was ETF buyers who stopped “big sellers.” “Once the buying stops, it doesn’t take much selling to push it back in the other direction.” That is, the market was running out of liquidity and sellers suddenly flushed out “leverage.” 3. Coinbase: The "Sell" Signal and Technical Glitches Coinbase Global Inc. is not doing well. Analysts have given Coinbase a “sell” rating and cut their price target by 68% to $120. Financial setback: Coinbase had high hopes for Q4 revenue, but reports show an 80% year-over-year decline.Technical mess: Trading and transfers on Coinbase suffered an “outage” on Thursday. The exchange said its “funds are safe,” but the exchange’s exposure to such volatility erodes investor confidence. 4. Tactical Takeaway: Strategy over Sentiment As we discussed earlier, markets are not emotional, they are logs. What is happening now is the same “several nights” we mentioned. Don’t catch the falling knife: When a bank like Standard Chartered is talking $50k, it is better to wait for DCA levels (support zones) than “blind buying”. Watch the volume: Until buying volume returns, every “bounce” can be a trap.
Binance coin $BNB is continuously struggling to find support after making All Time High at $1,375 in the month of October. The Price of BNB dropped nearly 30% when then Trump announced tariffs on China. Before the Crypto Market crash on 10 October the market cap of BNB was above $190Billion and now its been half and consolidating near $82Billion.
But the Community Sentiments of BNB is still looking Strong on CMC indicating that the strong users demand in BNB suggesting that the BNB price could rebound in upcoming days.
BNB Technical Analysis and Price Prediction Weekly Time Frame. BNB formed a low high in the month of January at $960 and now it has already closed 3 consecutive red candles on weekly time frame. it been almost 30% down in last 21 days. Now BNB is entering into strong buy zone we can expect a huge demand volume from this buy zone and the price could show a good rally towards $750. During this bear cycle the Price of BNB might get drop near $550. The Relative Strength Index RSI is at 32 consolidating above the oversold territory, aiming slightly downward indicating that the price could go a bit lower. While Moving Average Convergence Divergence MACD is still showing the strong bearish momentum.
BNB Technical Analysis on Daily Time Frame. The Price of BNB facing strong selling pressure since after a lower high at $960 formation in the month of January. At the time of writing this BNB is trading below $600. continuously forming red candles indicating the strong bearish momentum. The Relative Strength index RSI is at 23 consolidating inside the oversold territory, aiming straight indicating that the momentum shift is near. while Moving Average Convergence Divergence MACD signaling a demand increasing on daily timeframe blue line is again aiming upward trying to flip the orange line and make a bullish crossover. If this will happen the price of BNB could extend the rally to $750.
This is just my Trading idea and personal Insights not a financial Advice do your own research.