Shenyu shared his trading experience on the X platform. He said: "Each transaction of "buy more as the price rises" is not essentially trading the market, but trading self-worth. The increase in positions is not because of new insights into the market, but because we need greater profits to maintain a greater self-illusion. The market has become a mirror. What we are addicted to is not the profit itself, but the "invincible" self in the mirror. This is why all the advice on trading discipline and systems, although correct, is difficult to really change behavior. Because you can't use technical solutions to fix an existential problem. The most ironic thing is: we think we are using money to exchange for wealth, but in fact we are using wealth to exchange for an illusory self-identity. In this transaction, we are destined to be losers from the beginning."

Galaxy Digital Holdings Ltd., a cryptocurrency company run by billionaire Michael Novogratz, has hired Anthony Paquette of Point72 as its chief financial officer, according to a person familiar with the matter. Anthony Paquette previously served as CFO of Steven Cohen's asset management firm Point72 for more than four years, and before that he was head of business units at fintech company SoFi and a managing director at JPMorgan Chase. (Bloomberg)

MicroStrategy founder Michael Saylor posted on the X platform that Metaplanet, a Japanese listed company, adopted the Bitcoin standard, and also posted a stock price chart of the company, which showed that Metaplanet's stock price was on an upward trend.

According to Onchain Lens monitoring, about 17 hours ago, a newly created wallet withdrew nearly 1,999,798 USDC from Coinbase. The whale then bought 2,408,125 AI16Z and transferred these tokens to other addresses six hours ago.

According to Odaily, analysts including Samara Cohen, Chief Investment Officer of ETF and Index Investments at BlackRock, have highlighted the unique characteristics of Bitcoin in investment portfolios. Despite Bitcoin's relatively low correlation with other assets, its high volatility results in a similar impact on overall risk contribution. The inclusion of Bitcoin in portfolios offers a diversified source of risk, contrasting with the over-allocation to the 'Big Seven' U.S. tech stocks, which can increase existing risks and lead to portfolio concentration. The BlackRock Investment Institute suggests that broader institutional investment in Bitcoin could potentially dampen some of its volatility. While this might enable investors to increase their allocation size, it could also diminish the staggering returns Bitcoin has delivered since its inception. The analysts noted that looking ahead, if Bitcoin achieves widespread adoption, investing in it might become less risky. However, at that point, Bitcoin may no longer possess the structural catalysts for significant further price increases.

According to Trader T monitoring, most of the crypto stocks in the US stock market rose before the market today: · MICROSTRATEGY: +1.4% · ISHARES BITCOIN TRUST: +0.4% · COINBASE GLOBAL: +0.9% · RIOT PLATFORMS: +1% · CLEANSPARK: -2.6% · MARA HOLDINGS: +0.9%

According to PANews, the Élysée Palace has announced the appointment of François Bayrou as the new Prime Minister of France. The 73-year-old seasoned centrist politician currently serves as the leader of the Democratic Movement party. Bayrou is recognized as a crucial ally of President Emmanuel Macron within the French Parliament. Bayrou's extensive political experience and centrist stance are expected to play a significant role in supporting President Macron's legislative agenda. His appointment comes at a time when Macron seeks to strengthen his position in the parliament and advance his policy initiatives. As a prominent figure in French politics, Bayrou's leadership is anticipated to bring stability and continuity to the government. The decision to appoint Bayrou underscores Macron's strategy to consolidate support from centrist factions and enhance collaboration within the government. Bayrou's political acumen and established relationships within the parliament are likely to facilitate the implementation of key reforms and policies. His leadership is expected to contribute to the effective governance of France during this critical period.

According to BlockBeats, Japanese lawmaker Satoshi Hamada submitted an inquiry to the government on December 11, 2024. The inquiry seeks to understand the latest developments in the efforts by the United States and other countries to promote Bitcoin reserves. This move highlights the growing interest and potential strategic importance of Bitcoin in national financial policies. Hamada's inquiry reflects a broader trend of governments worldwide considering the implications of digital currencies on their economies. As Bitcoin continues to gain traction as a potential reserve asset, countries are evaluating its role in their financial systems. The inquiry aims to gather information on how other nations are integrating Bitcoin into their reserves and the potential benefits and challenges associated with such a move. This development comes amid increasing global discussions on the regulation and adoption of cryptocurrencies. As countries explore the potential of digital currencies, the inquiry by Hamada underscores the need for Japan to stay informed and possibly adapt its policies to align with international trends. The outcome of this inquiry could influence Japan's approach to Bitcoin and its integration into the country's financial strategy.

The Prudential Regulation Authority (PRA) has asked businesses in the UK to disclose current and future crypto exposures by March 2025, in order to assess financial stability and set policy. The Bank of England’s regulatory division issued the request on Friday, amid a growing number of UK firms embracing crypto. The PRA has also asked […] The post UK watchdog asks firms to share current and... source: https://protos.com/uk-crypto-watchdog-asks-firms-to-share-current-and-future-exposures/

CZ retweeted on the X platform, and relevant data showed that the scale of Binance user funds deposits has reached a record high of 21.6 billion US dollars, which exceeds the total deposits of the next 10 cryptocurrency exchanges.

BTC, Amazon, Why might tech giants like Amazon be reluctant to buy Bitcoin with cash? Golden Finance, Shareholders need to find a balance between speculative assets and core business investments.

The 2024 FIDE World Championship in Singapore has come to an end, with 18-year-old teenager, Gukesh Dommaraju of India emerging victorious after a gruling 14-match battle with the defending World Champion, Ding Liren from China.

As preliminary data comes out, expectations for the last Federal Reserve interest rate meeting in December 2024, 2024, are beginning to become clear.

Earlier this week, Ethena’s USDe surpassed DAI to become the world’s third-largest stablecoin.

Supplement hot knowledge about Goat and future AI Agents.

Binance Launchpool has launched the 62nd project - Vana (VANA), a native EVM-compatible L1 blockchain for user-held data.

Alexandr Wang and his company is facing a class suit, with allegations of emotional stress for contractors who worked on a self-harm prevention project for meta

This initiative, funded by OpenAI and Microsoft, leverages nearly one million digitised books from Google Books to expand resources for AI training, advancing the use of public-domain literature in AI development.

“Compared to crypto-native narratives like DeFi and NFT or transformative narratives like GameFi, AI is an alien narrative.”

As the funding rates of a large number of altcoins soared to the highest level in nearly three years, this round of sentiment-driven altcoin market finally ushered in a violent shock after the climax.