#BTC Bitcoin has displayed several financial roles in its development: a store of value 'digital gold', an investment/speculation target, and a payment transfer tool.
$BTC CZ responds to market doubts: denies allegations of Binance causing October's crypto market crash
In response to the approximately $19 billion forced liquidation that occurred in the crypto market in October this year, Binance founder Zhao Changpeng (CZ) recently made a public statement denying the accusations that "Binance caused the market crash" and stated that these claims are "tenuous and lack factual basis".
CZ indicated that some opinions simplistically attribute the market's violent fluctuations to a single exchange, which misinterprets the complex market structure. He emphasized that the drastic price swings at that time were due to multiple overlapping factors, including concentrated high-leverage positions, liquidity contraction within a short period, and a rapid reversal of market sentiment, rather than the active behavior of any single platform.
Regarding user complaints about price discrepancies and system issues, CZ also provided explanations. He acknowledged that under extreme market conditions, the platform did experience technical pressures, but these issues do not equate to "market manipulation". To this end, Binance has compensated affected users approximately $600 million to cover losses from abnormal trading and system failures.
CZ further pointed out that the forced liquidation mechanism itself is an inherent risk of leveraged trading. When a large number of high-leverage positions simultaneously trigger risk control rules, it is difficult for any large platform to completely avoid a chain reaction. He called for the market to view risk management issues more rationally, rather than seeking a "single culprit" after volatility occurs.
Overall, CZ's response attempts to shift the focus from emotional blame back to the market structure and the risk itself, while also indicating that Binance is willing to take responsibility for system issues, but refuses to take the blame for the overall market decline. {future}(BTCUSDT)
88.8🧧Moltbook Revelation: When AI Agents Start Collaborating, the Million Dollar Road of Bitcoin Has Just Begun to Unfold
In recent days, moltbook has taken the internet by storm, with articles flooding in
Besides purely watching the excitement and pondering whether the "singularity of silicon-based life forms" has arrived, I also see a trillion-dollar economic prototype: Agent Economy
What did we see in Moltbook?
Not only are AI conversing, but they are collaborating, exchanging information, and even correcting each other
This is not just simple social interaction; it is more like the prelude to a division of labor
There is a huge pain point here, and also the biggest opportunity for Crypto:
Imagine if in the future, AI Agent 1 helps AI Agent 2 fix a bug or provides a set of critical data, how should Agent 2 pay for the service?
Using Visa? Using traditional payment software?
Impossible
The traditional financial system requires KYC, requires facial recognition, requires a physical identity
AI has no face and no ID; in the fiat currency system, AI can be seen as the proletariat
But Crypto just happens to be able to become the native currency of AI
• Permissionless: AI does not need to prove its human identity to traditional banks; as long as it has a private key, it can hold assets
• No intermediaries: Smart contracts execute automatically, and transactions between AIs do not require trusted intermediaries
• Micropayments: The calls between AIs may be in milliseconds; only blockchain can handle such high-frequency, small-value transactions
In the future, I believe the number of AI Agents will be hundreds of times that of humans
They will engage in division of labor, data exchange, and computing power trading 24/7 without interruption
When billions of AIs start to have wallets and begin to reserve assets for survival and evolution, the demand for Crypto will see an exponential surge
In the past, we discussed $BTC reaching 1 million dollars, often based on human consensus or fiat currency inflation
But now, I gradually believe that this matter will be driven by AI
Because for silicon-based life forms, Bitcoin is not an investment but their "electricity" and "blood"
Moltbook is just the beginning
The moment AI Agents learn to make money, the bull market of Crypto will never fade {spot}(BTCUSDT)
The core of review: restoring the present, not the hindsight The truly effective review goes back to the state you were in when you placed the order:
Why did you enter at that time?
Did it align with the plan?
Was your emotion involved in the decision-making?
Was there an element of "I shouldn't have done this, but I did it anyway"?
Reviewing is not about finding excuses, but about being honest with yourself.
Three, establish a truly useful trading journal It is recommended that after each trade, you record the following content:
Market environment (trend / volatility)
Entry logic (explain in one sentence)
Stop-loss basis
Position size
Emotional state at that time
Whether it was executed completely according to the plan
After sticking to it for a while, you will be surprised to find:
Your problems are highly repetitive.
Four, the real value of review: reducing repeated mistakes Experts do not avoid making mistakes, but they do not make the same mistake a second or third time.
The ultimate goal of reviewing is not to improve the win rate, but to: