BITWU
BITWU
Bitwu 星球唯一账号！ x.com/bitwux
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This news really made me laugh——
A 60-year-old man took a social security loan, borrowing 82,000 to make up for social security payments.
I have to say, the financial derivatives in modern society are truly abundant!
I checked and found that Jingmen, Hubei also has this product, and the promotion at the time directly called it a "win-win for all three parties."
The social security department received the payment, the bank made it into a loan, the common people ended up with a debt, and then they tell you this is a win-win for all three parties. 😂
It's so damn abstract……
Now that I think about it, financial innovation really is a good thing.
Can't afford a house, there's a mortgage.
Can't afford a car, there's a car loan.
No money to consume, there's a consumer loan.
Now you can't even afford retirement payments, so there's a social security loan.
Yeah, great, just keep lending and passing it on endlessly! 😂
It seems everyone is still very concerned about Tencent, and many people probably bought this asset.
Yesterday, I asked if it was a good time to buy Tencent, and the comment section immediately exploded with 50 replies!
Looking back, breaking 400 is not just Tencent's issue; tech stocks are collectively plunging:
1️⃣ When I took the screenshot, Tencent was at HKD 384, and the five-day chart showed a drop from over 420 down to around 382, with today's price still around there;
2️⃣ On the same day, the Hang Seng Tech Index fell more than 4% intraday (according to market summary), and it was reported that the Nasdaq closed down 2.6% that evening, with Meta raising spending forecasts and AI-related cash burn concerns spreading across the board;
3️⃣ At the time of the screenshot, the price-to-earnings ratio TTM was 12.88, which looks very cheap.
I estimate that AI and tech stocks will adjust for a while. It's true that prices are cheap now, but cheap doesn't mean the bottom has been reached. I suggest everyone be patient.
Let's wait for Tencent to hit around 300!
On-chain options trading volume still accounts for less than 1% of perpetual contract DEX volume, while traditional market options trading is about three times that of futures.
In the crypto space, options are actually less popular; retail traders have become more demanding, and the appeal of options is far less than that of perpetual contracts.
This creates a very interesting paradox:
To attract hedging capital, on-chain options first need sufficient liquidity and cheap pricing;
But to generate liquidity, continuous trading demand is required, and the most active speculative capital has already been drawn to perpetuals.
As a result, speculators find options inconvenient, while professional institutions complain about poor liquidity in on-chain options, pleasing neither side.
So the question arises:
Do on-chain options still have a future? 😂
The major drop in the US tech sector dragged down the crypto market; bitcoin:native $ETH also retreated in sync.
SoFi launched tokenized deposits insured by deposit insurance, adding a new research direction to the stablecoin competition.
BTC's ETF fund performance has improved over the past five days, but the price remains under pressure.
Yesterday I dug up a stock account that had been forgotten for many years and found there was still 30,000 yuan inside.
Too lazy to withdraw it, I blindly bought two shares, and today I got schooled!
Tom Lee said: The market is in a sell-off state, technology and semiconductors are under heavy pressure, and support levels have been reached.
I decided to listen to Tom Lee, eat some hot dry noodles with an egg peacefully, and wait for next week to get me out of the hole!
Awesome!
Grok is the key feature that breaks through the final bottleneck requiring manual login.
Everyone has used Password, right?
Currently, our exchange and some platforms mostly use this tool for login,
Now Grok connected with Password can securely help us log into websites and accounts without directly telling it the password or pasting it into the chat.
During the process, the Bot itself cannot see the password, nor does it store the password in its system or chat context.
The password always stays in your 1Password vault.
Suitable for tasks that require login to complete, such as:
• Booking flights/Airbnb
• Managing personal websites (Wix, Squarespace, etc.)
• Logging into course platforms (Canvas)
• Operating websites without APIs
• Posting to X, Instagram, etc.
lookonchain detected that this mysterious giant whale sold 246.25 bitcoin:native today again, exchanging it for 8,286 ethereum:native
In the past 11 days, the big brother has cumulatively sold 1,917.7 BTC, all exchanged for 64,545 ETH. It seems like an unlimited long on ETH and short on BTC,
Really want to know who this big player is!
Could it be @satofishi? I remember the big brother has been doing this move for a while!
Every time an exchange publishes a reserve report, I think it's worth taking a look. Especially when there are assets held inside, it is one of the important references for assessing platform risk.
I focus on Gate's reserve reports every month,
The latest published report shows the total reserves have reached 8.688 billion USD, with an overall reserve ratio of 118.49%,
And defillama data shows the total reserve scale ranks sixth globally. From the numbers, the overall inflow is stable!
Will continue to monitor next month's data!
Attached: Gate reserve inquiry;
