1. Bitcoin hits $100,000: Signals of change in the global economic and financial system have been released
Today, the price of Bitcoin climbed to around $97,000, officially sounding the clarion call for hitting $100,000. This historic moment not only symbolizes the rise of the crypto economy, but also poses a profound challenge to the traditional financial system. The following article analyzes its historical evolution, driving factors, global impact, and the Trump administration's policy interactions on the crypto industry, looking forward to the future of crypto. Click to read
2. Justin Sun bought $Ban's Comedian site for $6.2 million. Is $Ban still available?
On November 20, local time, Justin Sun, the founder of Tron, purchased the iconic work Comedian Banana by artist Maurizio Cattelan for $6.2 million. After a few weeks of hanging out on Discords, lurking in Telegram groups, browsing Twitter, and contacting several research analysts and traders in the field, I had a comprehensive understanding of everyone’s views on meme coins (from sophisticated algorithmic traders to my wife’s younger brother). I asked about how to improve the UI/UX for limit orders and complex order execution, and asked friends if they thought Moo Deng was really good, or if they had heard of Peanut the Squirrel.Click to read
4. Welcome the second stage of the bull market. Meme is the key sector
At present, it is relatively certain that the bull market has started. It is certain that the bull market is in the first stage. The second stage that is about to come is the most important, because this is the most profitable stage in the bull market. If you step on the wrong rhythm, you may miss the entire bull market. Let's first popularize the first stage of the bull market. The characteristics are that BTC leads the rise, only a few sectors have an effect, and most altcoins do not perform well. The logic is actually mentioned in the article I quoted, so I will copy it. 1) At the beginning of the market, the market's confidence has not fully recovered. It takes a big rise in BTC to tell the market that a big bull market is coming. 2) When BTC has a small correction, because of the previous experience of the difficult situation of the deep altcoins, the panic psychology is serious, and the altcoins often fall more. 3) There are often many locked-in positions in altcoins, and even if the main force wants to pull the market, it can also repeatedly wash the market at key positions. Click to read
5. Is the White House about to welcome its first Crypto advisor?
According to Bloomberg, Trump's transition team is considering setting up a new White House position specifically responsible for Crypto asset policy. This report coincides with some speculation, especially about whether the new government will include leaders who support Crypto assets. Trump's support for digital assets was already evident during his presidential campaign. Click to read