My wife said: Don't dream anymore. This December, #BTC will go like a Christmas tree chart 🎄 I said, if it's true, I will clean the house, do the laundry, and scrub the toilet for her for 3 consecutive years. If it's not true, I will divorce her 💔.
Should I Max Short x50 or x100, or even x125 times?? Please give me advice 🙏
🔸 The U.S. prosecutor has recommended a 12-year prison sentence for Do Kwon, the founder of Terraform Labs, after he admitted to defrauding investors.
🔸 They claim that the collapse of Terra Luna caused even greater damage than FTX, Celsius, and OneCoin combined.
🔸 Kwon's lawyer requested a 5-year sentence, but U.S. authorities stated that the scale of the fraud is too large, necessitating a heavy sentence to deter similar cases.
🔸 The prosecutor indicated that Kwon lied about Terraform's technology, fled after the project collapsed, and tried to evade extradition.
🔸 The sentencing hearing for Do Kwon will take place on December 11 at the federal court in Manhattan, New York.
Theo Tom Lee believes the Crypto market has hit the bottom !
Not just empty talk, after accumulating an additional 96,798 ETH ($271M) last week. Tom's Bitmine continues to accumulate another 42K ETH ~$130M this morning !
Currently, they are holding 3.8 million ETH >$12B (currently losing >3B)
Tom Lee believes that the price of cryptocurrency has hit the bottom and the classic 4-year cycle of Bitcoin will be broken in the next 9 weeks.
New target of Bitmine: BTC 230K, ETH 18k next year
Onchain $WLFI is experiencing significant changes.
The team's wallet has transferred 40 million USD $WLFI to the wallet of Jump Crypto.
In the past, this wallet has participated in transactions conducted through cross-chain bridges, or later transferred to exchanges after a few intermediary steps — all routed through Jump Crypto.
Therefore, it is highly likely that this number of tokens will continue to follow one of these similar scenarios.
Another large project is at risk of being finalized.
A wallet that once received $ZRO from the Strategic Partnerships wallet has now transferred 600K USD $ZRO to the address commonly used to deposit tokens on Binance.
The last time $ZRO was transferred from this wallet to Binance was 2 months ago, with a total value of 6 million USD.
Tom Lee at Binance Blockchain Week said: - No more 4-year cycle for BTC. - S&P 500 will increase next year. - BTC could reach over 280K USD and Ether could reach over 15K USD next year.
CZ gave a gold bar to Peter Schiff with a serial number, then asked Peter whether this gold bar is real gold or not?
Peter picked up the gold bar and said he couldn't tell. He only knew that his bracelet was real gold, while this gold bar was not.
CZ wanted to use this situation to show a superior point of Bitcoin compared to gold, which is that Bitcoin cannot be counterfeited on the blockchain while physical gold always carries the risk of authenticity.
Be careful, there is a small adjustment in rhythm.
Suddenly, the long ratio on exchanges is surging up to 68%, it is highly likely that the excitement of long traders is returning, be careful as there might be a slight kill on the exchange.
Additionally, the net flow of the ETF $BTC has turned positive, but buying pressure is still very weak compared to the selling pressure before.
It can be seen that as the end of the calendar year approaches, investment flows from the West are not strong.