BTC $82,375.23 +0.52%
ETH $2,433.36 +1.64%
BNB $731.99 +0.94%
XRP $1.31 +1.18%
SOL $105.44 +1.28%
TRX $0.3307 -0.06%
DOGE $0.0803 +1.63%
ADA $0.2201 +1.38%
BCH $275.74 -0.79%
LINK $12.13 +1.60%
HYPE $79.81 +1.41%
AAVE $151.43 +2.81%
SUI $1.00 +1.10%
XLM $0.1782 +1.43%
ZEC $1,180.60 +5.14%
AAPL $341.27 -0.43%
AMZN $263.56 +0.01%
GOOGL $342.16 -1.27%
MSFT $532.08 -0.52%
META $694.13 -1.50%
NVDA $217.48 -0.94%
TSLA $374.70 +1.60%
SNDK $1,380.88 -1.48%
INTC $93.34 -1.61%
SPCX $147.50 -1.75%
MU $913.15 -1.29%
AMD $542.51 -1.75%
BTC $82,375.23 +0.52%
ETH $2,433.36 +1.64%
BNB $731.99 +0.94%
XRP $1.31 +1.18%
SOL $105.44 +1.28%
TRX $0.3307 -0.06%
DOGE $0.0803 +1.63%
ADA $0.2201 +1.38%
BCH $275.74 -0.79%
LINK $12.13 +1.60%
HYPE $79.81 +1.41%
AAVE $151.43 +2.81%
SUI $1.00 +1.10%
XLM $0.1782 +1.43%
ZEC $1,180.60 +5.14%
AAPL $341.27 -0.43%
AMZN $263.56 +0.01%
GOOGL $342.16 -1.27%
MSFT $532.08 -0.52%
META $694.13 -1.50%
NVDA $217.48 -0.94%
TSLA $374.70 +1.60%
SNDK $1,380.88 -1.48%
INTC $93.34 -1.61%
SPCX $147.50 -1.75%
MU $913.15 -1.29%
AMD $542.51 -1.75%

oppo

All
Article
Flash

Placeholder Partner: The current market resembles an early bull market opportunity; long-term investors are advised to systematically accumulate tokens

Co-founder Chris Burniske stated that long-term investors should not repeatedly struggle with entering or exiting the market, but should systematically accumulate tokens over time, and not confuse long-term investing with short-term trading. He suggested using his most successful investment targets as a reference, calculating target holdings based on the total supply of network tokens.He gave an example that the total supply of ETH is about 120 million tokens. If one previously held 10 ETH, based on the network holding ratio, the total supply of SOL is about 636 million tokens, corresponding to about 53 tokens; the total supply of TIA is about 1.16 billion tokens, corresponding to about 97 tokens. If one wishes for the TIA network share to reach 10 times the original ETH holding share, approximately 970 TIA would be needed. For ZEC, since its supply is similar to BTC, the ideal BTC holding quantity can be used as a reference for accumulation targets.Regarding the current market, he noted that many crypto assets have fallen 20% to over 40% from their highs, while BTC has dropped less than 10%. He is more inclined to believe that BTC's previous relative resilience has led to significant adjustments in assets with lower risk appetite, making the current situation more like an opportunity in the early stages of a bull market rather than a warning signal of a bull market trap. He also reminded that one should consider the possibility of further price declines, suggesting to invest remaining cash in batches and determine the investment ratio based on the probability of local bottoms at different price levels; even if some preset price levels are not reached and cash remains, it can still be acceptable.

first_img Fairshake affiliated PAC invested over 52 million dollars in the Ohio Senate election, opposing Sherrod Brown

According to documents submitted by the Federal Election Commission (FEC) on October 15, the political action committee Fairshake, primarily funded by Coinbase and Ripple Labs, has invested $46.6 million through its affiliated organization Defend American Jobs in the Ohio Senate election for media advertising opposing former Congressman Sherrod Brown's return to the Senate and supporting Republican incumbent Jon Husted. This expenditure is over 50% more than Fairshake's initial plan of $30 million announced in September.In an interview aired on Pod Save America on October 16, Brown responded that he has spent his entire career battling Wall Street, big pharmaceutical companies, and oil giants, achieving success in many cases, while Husted is a spokesperson for these forces, which is why they have invested tens of millions of dollars. In addition to Fairshake, the super PAC Digital Freedom Fund, established by Gemini co-founders Tyler and Cameron Winklevoss, reported approximately $3 million in advertising expenditures this week to oppose Brown and support Husted, bringing the total media spending in the Ohio campaign to over $5.9 million. With less than three weeks until the U.S. elections, early voting in Ohio has been underway for 10 days.Fairshake's spending this round has exceeded $41 million for 2024, when the PAC supported Republican Bernie Moreno and opposed the incumbent Brown. Brown, who previously served as chairman of the Senate Banking Committee, is one of the lawmakers in Congress openly questioning the laws and policies supported by the cryptocurrency industry. Defend American Jobs also reported spending over $6.7 million in the Nebraska Senate election opposing independent candidate Dan Osborn, whose opponent, Republican Pete Ricketts, voted in favor of the Digital Asset Market Structure Act and legislation related to stablecoins. Fairshake stated in January of this year that it held $193 million in cash before the election.

first_img Binance VIP Head: Traditional hedge funds are actively exploring arbitrage opportunities on cryptocurrency platforms

Catherine Chen, the head of VIP and institutional business at Binance, stated in an interview with The Block during Token2049 that traditional hedge funds, which previously took a wait-and-see approach, are now showing a stronger interest due to the emergence of arbitrage opportunities related to traditional financial instruments such as cash stocks and perpetual contracts on crypto platforms.She pointed out that the improvement in market depth, combined with 24/7 trading and weekend price discovery mechanisms, makes these opportunities more realistic. She also mentioned that when the same tools are offered on second- and third-tier platforms or in DeFi venues, liquidity often falls short of hedge funds' needs. However, she emphasized that this process is still in its early stages and does not expect a surge in capital inflows overnight, with the next 12 to 18 months being worth close attention.Similar changes are happening on the other side of the market. Chen indicated that their crypto-native clients are incorporating more tools linked to traditional financial products to build hybrid investment portfolios. The data she cited showed that the scale of Binance's cash stock assets has increased from about $800 million to $900 million to $1.4 billion, while the trading volume of traditional financial perpetual contracts has risen from about $20 billion to $30 billion per month when launched at the beginning of this year to about $400 billion every 30 days. She believes that tokenization and cross-asset trading are still in their early stages, and regulatory clarity will determine the ultimate integration of traditional and crypto trading more than the product offerings of a single platform.

first_img The U.S. Department of Justice cites the Bitcoin Fog ruling to oppose Roman Storm's motion for acquittal

U.S. federal prosecutors cited the appellate ruling related to the cryptocurrency mixer Bitcoin Fog as a supplementary basis against the not guilty motion of Tornado Cash developer Roman Storm. In documents submitted on Monday, the prosecution referenced the September 25 ruling by the appellate court that upheld the conviction and sentencing of Bitcoin Fog operator Roman Sterlingov. The District of Columbia Circuit Court found that Washington, D.C. had jurisdiction over all four charges: the money laundering charge was based on undercover agents completing Bitcoin Fog transactions in its D.C. office, while the unlicensed money transmission charge was supported by sufficient evidence showing that Bitcoin Fog had served clients in the area.The prosecution stated that the ruling "directly supports" its position in the Storm case, arguing that Tornado Cash's activities in Manhattan were sufficient to establish jurisdiction in the Southern District of New York for the conspiracy charges of money laundering and unlicensed money transmission against Storm, citing the testimony of Shakeeb Ahmed, who claimed to have used Tornado Cash in a Manhattan apartment. Judge Katherine Polk Failla has heard the arguments for the not guilty motion in April 2026 but has yet to rule. In August 2025, the jury found Storm guilty of conspiracy to operate an unlicensed money transmission business, but deadlocked on the charges of money laundering and conspiracy to evade sanctions; Storm submitted a post-trial not guilty motion in September 2025, arguing that the prosecution failed to prove he intended to assist criminals in abusing Tornado Cash.
app_icon
ChainCatcher Building the Web3 world with innovations.