Phyrex.Ni

Recently, I've been discussing with many friends about the advantages of listing US stocks on the blockchain. Many might already know that my general theory is that purely listing US stocks on the blockchain is somewhat pointless; the real user attraction isn't in buying the actual stocks. In fact, using decentralized methods to buy US stocks has quite low trading volume. The real breakout potential should be in three categories: The first category is derivatives trading of US stocks, such as leveraged contracts on Nvidia. This indeed has market demand, but it has nothing to do with compliance; it purely depends on market enthusiasm. This is currently the largest demand. Including my own shorting of WTI, which is done in this way. Traditional brokers can also short, but it's hard for everyone to have leverage. Without leverage, the ceiling for US stocks in the crypto space is limited. The second category is dividend-paying US stocks. This is not the stock's own earnings; even $MSTR has created $STRC to offer an 11.5% dividend. Of course, tokenizing this has a limited ceiling for me because essentially it's about low-risk long exposure to Bitcoin. But if it’s high-quality, interest-bearing US stock products, that’s completely different. These are compliant products, regulated, and can offer decent dividends along with good stock growth potential. For example, $SCHD which I introduced last year. The third category is compliant, deliverable US stock IPOs. Unfortunately, there are still very few of these. Many current IPOs are SPVs or SPV-like structures, which essentially have no delivery capability. But I believe that as regulation improves, such opportunities will increase. Tonight, I want to chat with everyone about these topics.

My first time participating in Hong Kong IPOs, 7 stocks so far, and I haven't gotten any shares 😂 I don't even have the courage to keep trying. With that money, I could probably buy some stocks and earn enough for a simple meal.

When I just started working, I deeply realized that there aren't many people in this world who can help you. Even among close friends, there are few who can truly lend a hand. But there are countless people who dislike you just because they don't like the look of you. Regarding what Kitty said, I don't completely agree. I recently encountered a situation where even someone with status and influence, if they really lower their pride to target someone, often handle it in a "harmless" way. People who can thrive on both paths are the ones you really can't guard against. On the other hand, those who truly lack ability cause only limited collateral damage with their so-called scheming, and it's not difficult to make up for it.

Bitcoin's exchange reserves are at their lowest level in nearly five years The exchange reserves data is a very good indicator of investors' risk appetite. When investors collectively prepare to sell, the $BTC reserves on exchanges usually increase. It is clearly visible that whether in 2021 or 2024, when Bitcoin prices rise sharply, more BTC starts to concentrate on exchanges as investors prepare to find the best opportunity to exit. At this time, most investors still treat Bitcoin primarily as a financial investment. Sell when the price is high, buy the dip when the price is low. However, starting from July 2024, regardless of whether Bitcoin's price rises or falls, investors are generally withdrawing BTC from exchanges. This also indicates that more investors are losing interest in short-term selling and are increasingly optimistic about $BTC's long-term prospects. Even now, there hasn't been a large accumulation. It should be noted that those who really want to sell usually keep their coins on exchanges, while withdrawals from exchanges to the blockchain are often by those who do not intend to sell in the short term. It can be said that the less Bitcoin held on exchanges, the stronger the confidence of long-term investors. #Bitget VIP is here! Crypto, US stocks, CFDs, global opportunities all in one place

I have to say, in the past six months, USD1's financial products have indeed been low-risk and high-yield, which is also a smart move in USD1's promotion. I remember seeing data a few days ago that USD1's margin ratio in Binance contracts has already become the highest. Such a strong airdrop is indeed rare.

Bitcoin can't break through $82,000 and will drop to $40,000?? Recently, many friends have privately messaged me asking if $BTC will fall all the way down to $40,000 after failing to break through $82,000. First of all, from my personal understanding, the recent rise from $60,000 to $80,000 was mainly due to the easing of geopolitical tensions between the US and Iran. Some might ask, wasn’t the strong buying power around $60,000 the reason, because investors saw it as a great bottom-fishing point? This explanation isn’t quite accurate. From the price trend, it’s clear that when Bitcoin first dropped to around $60,000 in early February, investors were selling, and more BTC was rushing into exchanges, indicating that some holders were pessimistic due to the US-Iran conflict. Only about a month later, in early March, when news started circulating that the US and Iran might reconcile, funds gradually began to buy in. That’s why I said before that Bitcoin at $60,000 and at $80,000 are essentially the same; the rise wasn’t due to BTC itself. So, will it now drop to $40,000? Looking at current position data, investors still maintain decent buying power around $80,000. It does seem somewhat less than at the peak, but more BTC is still leaving exchanges, and there’s no large accumulation yet. In other words, at least for now, I see investors still buying rather than selling heavily. I’ve also said many times that Bitcoin’s price movements are more related to US macroeconomic, political, and economic factors, which affect the US, especially tech stocks, and thus impact $BTC. If Bitcoin falls to $40,000, it would either be because the US stock market has experienced a significant pullback or because Bitcoin itself faces a crisis. The former is possible—for example, if the US-Iran war reignites, or Iran uses nuclear weapons, or the US enters a recession, all of which could cause major drops in US stocks and Bitcoin. The latter is much less likely. But at least I think this has no direct relation to whether Bitcoin can break through $82,000. Overall, I personally don’t believe in the idea that if it doesn’t reach price X, it will definitely go to price Y. Significant price fluctuations will come from changes in US or global macroeconomic, political, or economic conditions. #Bitget VIP is here! Crypto, US stocks, CFDs, global opportunities all in one place

Vance stated that the US is making progress in negotiations with Iran US Vice President JD Vance said that after Trump rejected Tehran's latest proposal as unacceptable, he believes that negotiations with Iran are making progress. "I think we are making progress. The fundamental question is whether we have made enough progress to meet the president's red line?" Vance told reporters at the White House. "And that red line is very simple. He needs to be confident that we have taken several safeguards to ensure that Iran will never have nuclear weapons."