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The title of "a country of speculating on coins" is well-deserved! The central bank of South Korea: more than 30% of South Koreans Hold Cryptos.
① The number of "crypto traders" in South Korea has surged, with over 15.59 million cryptocurrency investors in November, accounting for more than 30% of the total population; ② The reason behind this may be the sharp rise in Bitcoin prices and optimistic market sentiment after Trump won the USA election; ③ The total cryptocurrency holdings and daily trading volume of the South Korean public have significantly increased, with trading volume now approaching stock market levels.
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Famous Analyst warns: the Technology bubble is approaching a "critical point", be wary of large hedge funds selling off.
Kaplan, the CEO of True Contrarian blog and newsletter, believes that the current technology bubble in U.S. stocks has grown larger... the current bear market may have already begun. He also stated that if stocks like QQQ drop by 20%, those funds worth trillions of dollars will sell off at the same time.
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Block Unusual Options Activity
It is not enough to force the Federal Reserve to issue a statement of "surrender"! Wall Street has directly taken them to court.
① Due to dissatisfaction with the lack of transparency in the Federal Reserve's annual stress testing process, an organization representing the Bank of America has taken the Federal Reserve to court; ② This also marks a significant escalation in the intensity of the conflict between Wall Street and the Federal Reserve over the past two years.
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