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Is the US government shutdown the main culprit behind the global financial market downturn?
If the crypto market of 2019 taught us anything, it's that boredom is often the prelude to a breakout.
Such pullbacks are not uncommon in a bull market; their purpose is to test your conviction.
If the Federal Reserve's balance sheet expands, it will be positive for US dollar liquidity, ultimately driving up the prices of bitcoin and other cryptocurrencies.
We are building a new cultural layer, a cultural ecosystem belonging to Web3, where technology, music, and people are brought together once again.
Is the institutional narrative behind Canton becoming impossible to hide?
Among the three core issues faced at the inception of Bitcoin, the privacy sector has become the only remaining area with the potential for asymmetric returns.
Bitmine's market capitalization to net asset value ratio has plummeted from 5.6 in July to 1.2, with its stock price down 70% from its peak.
We are building a new cultural layer, a cultural ecosystem for Web3, bringing together technology, music, and people once again.
Regardless of whether ZEC's price strength can be sustained, this market rotation has successfully forced a reevaluation of the value of privacy in the market.
- 10:10U.S. appeals court skeptical of SBF's request to overturn cryptocurrency fraud convictionsChainCatcher news, according to Reuters, on Tuesday, the U.S. Second Circuit Court of Appeals expressed skepticism regarding SBF's appeal. His lawyers argued that the previous trial for the FTX fraud case was unfair, and therefore the 25-year sentence against SBF should be overturned. During the appeal hearing, a panel of three judges raised questions about key issues: Would the evidence excluded from the previous trial have affected the jury's guilty verdict? Circuit Judge Maria Araujo Kahn questioned SBF's lawyer, asking whether not challenging the sufficiency of the evidence was equivalent to admitting that the evidence was enough for conviction. The lawyer responded that even if the evidence was sufficient, procedural errors by the trial judge still affected the fairness of the trial. Prosecutor Nathan Rehn pointed out that the existing evidence was sufficient to prove that SBF stole customer funds. SBF's side argued that the previous trial did not allow the submission of evidence proving FTX's solvency at the time, resulting in a biased verdict. The prosecution emphasized that the chain of evidence, including the testimony of three witnesses and a large number of internal documents, was complete and sufficient for conviction. SBF is currently serving his sentence in a low-security prison in Los Angeles and is expected to be released in October 2044.
- 10:09Forward Industries' holdings of SOL tokens are currently at an unrealized loss of $382 million.According to Jinse Finance, data from DeFiLlama shows that the publicly listed exchange Forward Industries (NASDAQ: FORD) currently holds Solana (SOL) tokens worth $1.2 billion, with an unrealized loss of $382 million. The company purchased 6.82 million SOL tokens at an average price of $232, with a total acquisition cost of $1.583 billion, currently facing a floating loss of 24.13%.
- 10:09The "100% win rate whale" has increased their ETH short position to $28.31 million.According to Jinse Finance, on-chain analyst Yujin has monitored that the former "100% win rate whale" has increased their ETH short position to $28.31 million, with an effective leverage of 20x. The liquidation price is $3,399, less than $100 away from the current price.