December 3: The U.S. government transferred nearly 2 billion USD worth of Bitcoin, causing market concerns about potential sell-off risks.
On-chain data shows that part of the Bitcoin seized by the U.S. government in the dark web Silk Road case was transferred to Coinbase Prime in the early hours of the 3rd, with a quantity of up to 19,800 coins, worth nearly 2 billion USD. This news sparked various speculations in the market, fearing that these bitcoins would be sold.
This move is interpreted by the market as the U.S. government possibly preparing to sell these assets, or having already partially cashed out. In the past, when the U.S. government sold Bitcoin, it often caused significant market fluctuations. However, after the news was announced, the Bitcoin price only slightly declined by 1%, settling at around $95,900 usd.
Subsequently, BTC hit a pressure of 97,000 but continued to fluctuate in the range of 94,500-96,500.
Night of December 3: South Korea's sudden martial law caused market turmoil, with a large influx of funds to bottom fish.
South Korea experienced a farce of a martial law order lasting only 6 hours after 44 years.
Late on December 3, South Korean President Yoon Suk-yeol suddenly declared a state of emergency, accusing the country's largest opposition party of hijacking the parliament, disrupting the country's operations, causing the administrative system to collapse, and claiming to eliminate 'anti-state forces.' Subsequently, the South Korean National Assembly building was sealed off, a large number of armored vehicles drove into the city center, and the South Korean market sentiment quickly plunged into panic. It should be noted that the last time South Korea announced martial law was in 1980...

Over the past two weeks, Ripple’s XRP has been on a meteoric rise, sparking excitement and even euphoria among investors. A friend of mine, who recently invested $500 into XRP, has been sharing daily updates with me on WhatsApp. Every day, he sends screenshots of XRP’s gains, celebrating how much it has surged. While I’m happy for his success, I can’t help but feel a bit worried for him—and for others who might be caught up in the curr...

The cryptocurrency market has always been a breeding ground for dramatic narratives, and XRP’s recent surge has been no exception. Within just a few days, XRP has surpassed Tether (USDT) to claim the title of the third-largest cryptocurrency by market capitalization, trailing only behind Bitcoin and Ethereum. My WhatsApp conversations with a friend over the past two days have revolved almost entirely around this topic. He’s not only thrilled ab...

Interesting Moomoo's event,which will b closing on Nov 15th.
Should have joined earlier☺️

October has been a rollercoaster, particularly for those of us who had high hopes for Chinese markets. Early in the month, I took a significant position on YINN, buying $60 call options with the expectation of an upward trend in Chinese stocks. Unfortunately, the market had other plans. A severe downturn in Chinese equities led to a substantial loss on October 8, reminding me of the inherent risks tied to such speculative play...

Looking back on my recent trade, I’ve learned some hard lessons. Just days ago, I closed out several positions in Chinese stocks and YINN calls, capturing profits and turning them into a $6,000 investment. My goal? To roll those profits into even bigger gains. I had faith in China’s policy-driven market and assumed their aggressive stimulus would drive the rally even higher.
However, the outcome was far from what I expected. I bet heavily on ...

Alright, let’s break it down like this:
Wall Street was chillin', shorting China stocks, feeling all smug, like they had just bet against that one friend who insists on investing in Dogecoin at Thanksgiving dinner. Then boom! China rolls out a surprise stimulus plan so massive, it made Wall Street spit out its fancy organic kombucha.
Now, all those investors who thought China’s market was going down faster than your phone’s battery life are ...