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5 Must Reads in the Evening | The US SEC View Meme Coin This

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Reprinted from jinse

03/01/2025·2M

1. Has Bitcoin fallen below 80,000 to the end?

Today, Bitcoin fell below 80,000 US dollars, and the cryptocurrency fear and greed index also reached 10 yesterday (extreme fear). This is a 3-month time when investors see Bitcoin starting with 7. The state of extreme fear of market sentiment has lasted for 4 days. In less than a week, Bitcoin fell from 96,000 to around 78,000. And it also fell 28% from its historical high. Ethereum also fell 25% in less than a week. Not just the decline in the currency circle, global stock markets generally fell today. The author believes that the core reason for this decline is that Trump further imposed tariffs, which has led to further pessimism about macroeconomic expectations. As investors' psychological defenses are further defeated, the crypto market has also ushered in a continuous decline. Click to read

2. Is hedge fund arbitrage trading the hedge fund?

The price of Bitcoin fell below $80,000 in a week from $99,000, almost falling back to the pre-US election Bitcoin price. Crypto analyst Kyle Chassé believes that BTC prices have plummeted recently, one of the main reasons is that hedge funds' arbitrage trading is gradually fading. The following is a description of how this arbitrage transaction works - and why the collapse of arbitrage transactions will bring shock waves to the market. Click to read

3. What is the impact of Castle Securities' entry into cryptocurrency on

the industry

On February 25, Castle Securities will enter the crypto industry and become a liquidity provider for exchanges such as Coinbase and Binance. Castle Securities is the largest market maker on the New York Stock Exchange, with business in more than 50 countries. It handles about 23% of retail stock transactions in the United States, and is known as the "shadow exchange of Wall Street." The institution is good at using high-frequency trading and data analysis to improve market liquidity and trading efficiency, especially in volatile markets. Click to read

4. No luck can survive in the currency circle

Many people say disdainfully that those who have gone through several cycles in the currency circle and made a lot of money are gambling dogs and have good luck. Let me tell you the truth, don’t be jealous. No one who can gain great wealth in the currency circle and keep it is a lucky person, so don’t be dissatisfied.

I won’t talk about how many pitfalls there were in ancient times. That 100% was much more thrilling than it is now. Just say that those who have made a lot of money and held a lot of money must have perfectly avoided all the following things when dealing with their large positions. Click to read

5. Qualitative Meme Coin: The US SEC sees Meme Coin this way

To make clearer the application of the Federal Securities Act to crypto assets, the US SEC Finance Department is expressing its opinions on "Meme Coin". “Meme Coin” is a crypto asset inspired by internet memes, characters, current events or trends, and its promoters try to attract enthusiastic online communities to buy meme coins and participate in their transactions. Although a single Meme currency may have unique features, Meme coins usually have certain common characteristics. Meme coins are commonly used for entertainment, social interaction and cultural purposes, and their value is mainly driven by market demand and speculation. In this regard, Meme coins are similar to collectibles . Meme coins also usually have limited uses or functions or no purpose at all. Click to read

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