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Binance on the Brink: Massive Asset Outflows, Crumbling Trust, and the Risk of Following FTX's PathThe fallout from FTX's collapse is far from over, and Binance now stands precariously on the edge of a cliff. Despite Binance CEO Changpeng Zhao's repeated public assurances of the company's financial stability, investor panic continues to spread, fueling a dramatic surge in withdrawals

Bitcoin: An In-depth Analysis of its Financial Asset Attributes, Value Source, and Future ProspectsBitcoin, the decentralized cryptocurrency, has garnered significant attention since its inception, with its volatile price captivating global investors. On December 5th, Bitcoin's price surpassed $100,000 for the first time, a milestone event closely linked to Donald Trump's public support for pro-cryptocurrency policies

Binance BNB: A Bridge Connecting the Binance Ecosystem and Empowering the Global Crypto Asset IndustryIn the first quarter of 2020, Binance burned 3.37 million BNB, valued at $52

Bitcoin Falls out of Top 10 Global Asset Market Cap, Brazil's Central Bank Accelerates Digital Asset Regulation

BlackRock Embraces Digital Assets: A Bright Future for Bitcoin and Ethereum?In the realm of digital currencies, Bitcoin and Ethereum stand out as two of the brightest stars. Larry Fink, CEO of BlackRock, recently made statements during the company's latest earnings call that have thrust these two digital assets back into the spotlight

China's Assets Rise Against the Tide: A Bright Spot in the Global Stock Market PlungeOn October 1, 2023, the global stock market experienced a "thunderbolt," with the US stock market plunging at the opening bell. The cryptocurrency market followed suit, with Bitcoin falling below the $30,000 mark, plummeting by $4,000 and triggering margin calls for over 150,000 investors

Nasdaq Recovers, Bitcoin Plunges, Hong Kong Stocks Decline: Market Volatility Amidst Institutional Optimism for Chinese AssetsFollowing declines across the three major U.S

Chinese Assets: Riding the Wave of the Global Financial Storm, Opportunities and Challenges AwaitIn the global financial market, volatility is like the tide, surging at times, calm at others. A sudden financial storm swept across Wall Street, leaving many investors on edge

China's Assets Bucking the Trend: A Stable Anchor in Global Market VolatilityGlobal markets are turbulent and volatile. Recent declines in US and European stock markets, the plunge in Bitcoin, and numerous margin calls all reveal the inherent instability of the global financial market

Bitcoin Plunges: Is the "Digital Gold" Myth Shattered? Safe Haven Asset Battle Under the Shadow of WarWith the roar of artillery and smoke billowing, the tense situation in the Middle East has captured the world's attention. Amidst this turbulent time, people are seeking safe havens, and gold, the ancient safe haven asset, is once again shining brightly

Bitcoin Not a Risk Asset? BlackRock: More of a "Global Currency Alternative"Robbie Mitchnick, Head of Digital Assets at BlackRock, recently stated that calling Bitcoin a "risk asset" might be a misnomer, as its long-term drivers differ significantly from other risk assets. While Bitcoin's price movements have been closely tied to US equities in the recent past, Mitchnick believes Bitcoin behaves fundamentally differently from stocks and other risk-on assets, with long-term drivers that are "very different" and even "opposite" in some cases from other risk-on assets

BlackRock: Calling Bitcoin a "risk-on" asset may be mischaracterizedDespite Bitcoin's recent correlation with US stock prices, Robbie Mitchnick, Head of Digital Assets at BlackRock, argues that calling the cryptocurrency a "risk-on" asset might be a misnomer. Stocks, commodities, and high-yield bonds are typically considered risk-on assets because they generally perform well during periods of market optimism and economic expansion