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Recently, I have been concerned about scams in cryptocurrency. In particular, I’ve been seeing the term "rug pull" more and more, and it’s really causing a lot of investors trouble.
In simple terms, a rug pull is a scam scheme where the development team raises funds from investors and then suddenly abandons the project and disappears. It’s like participating in a fun game at a party, only for the host to take everyone’s money and vanish just before victory. Since the DeFi market is an unregulated area, these malicious acts continue to happen.
The reason such things occur is because scammers us

Seeing Bitcoin drop into the $71,000 range really makes me realize how important the $85,000 support level was. There was analysis suggesting that breaking this level would lead to increased selling pressure, and it seems like that's exactly what's happening now.
Watching it decline by nearly 2.4% in 24 hours, market sentiment must be quite bearish. I believe wise decision-making involves observing how well these key support levels hold. Once this level is broken, the risk of further decline toward the next support increases.
In the short term, selling pressure may continue, but it's crucial t

Regarding the next steps for SportFi, on-chain market development based on match results is attracting attention.
The stance of media outlets reporting on this area is actually quite complex. For media like CoinDesk that cover the crypto industry, maintaining editorial independence and transparency is crucial. They adopt strict editorial policies aimed at ensuring integrity and freedom from bias.
By the way, transparency in such major media also relates to their employee compensation structures. For example, Bullish (NYSE: BLSH), the parent company of CoinDesk, provides digital asset platforms

Recently, when I looked at Deribit's data, I noticed that Bitcoin ETF holders and treasury companies are showing quite a defensive stance. They seem to be steadily building strategies in preparation for scenarios where Bitcoin drops below $60,000.
If institutional investors are taking these kinds of actions, it probably indicates that market participants are increasingly concerned about downside risk. They are preparing to adjust their positions and hedge accordingly.
Personally, I think these large-scale defensive moves reflect the overall market sentiment. The fact that they are strengthenin

When the geopolitical tensions between the United States and Iran escalated, Hyperliquid's crude oil-linked futures showed an interesting reaction. It rose nearly 5% in just a few hours. During such times, looking at the crude oil price chart reveals how sensitive the derivative market can be.
This movement is a classic risk-on market. When geopolitical shocks occur, traders immediately focus on energy-related futures. It's fascinating that even on decentralized platforms like Hyperliquid, you can see price movements that mirror those of centralized markets' crude oil charts.
Although these su

Recently, while the overall market remains in high-price territory, cryptocurrencies have yet to show a full-scale move. Although the stock market continues to hit new all-time highs, Bitcoin and Ethereum remain relatively weak.
What exactly is a cryptocurrency short? It’s a strategy aimed at profiting during market downturns, but in the current environment, many traders still hold bearish positions online. However, interesting changes are now occurring.
Looking at the macro environment, unemployment reports slightly exceeded expectations, and the rate cut expectations from the January FOMC me

It looks like Bitcoin has broken through the 50-day moving average. When I looked at the chart this morning, I could clearly see the upward trend accelerating.
The commonly used settings for moving averages are the 20-day, 50-day, and 200-day lines, but breaking above the 50-day line is a pretty important signal. It suggests a shift in the short- to medium-term trend. Currently, BTC is trading around 71.68K.
For technical analysis, a recommended approach is to combine multiple moving averages. Looking at the relationship between the 50-day and 200-day lines makes it easier to judge how long th

I've been hearing a lot lately about the increasing risk of an American recession, and I think this could significantly impact Bitcoin as well. Among market participants, it seems the scenario of the U.S. economy worsening is becoming more plausible.
What I'm curious about is how far Bitcoin might fall in such a situation. If the U.S. recession intensifies, some are suggesting it could drop to around $10k. Since Bitcoin is currently in the $70k range, that would be a substantial decline from here.
The more concerns about an American recession grow, the more likely it is that capital will flow

When I look at recent Bitcoin price movements, I think a somewhat interesting phenomenon is happening. Despite the Middle East conflict driving oil prices to surge to over 100 dollars, BTC remains almost flat around 73.6K. Normally, in times of crisis, crypto assets would likely be sold off too.
The background to this is actually the U.S. energy strategy（表現として）. As JPMorgan’s strategists point out, the U.S. has no substantial exposure to Iranian oil. Its imports are mainly from Canada and Mexico, with only 4% coming from Saudi Arabia. In fact, it is now positioned as the world’s largest net cr

It seems that JP Morgan has revised upward its outlook on Bitcoin mining-related stocks. Influenced by the market rally in January, it looks like the stock prices of mining companies are moving.
Movements in hash rate, which affect the efficiency of Bitcoin mining, and changes in electricity costs are probably key points of interest for institutional investors. During periods when mining difficulty increases, how to maintain hash rate directly impacts the management decisions of mining companies. The fact that major players like JP Morgan are paying attention to the mining sector suggests ther

Bitcoin has been dropping quite a bit lately. It seems to have fallen to around $85,200, the lowest since 2026. Looking at the trend since the beginning of the year, it's a significant decline.
What's interesting is that gold is also falling in tandem. Just until recently, gold prices had been rising sharply, but now they've reversed. It feels like both risk assets and safe assets are wavering, and the entire market is entering a correction phase.
Additionally, it seems that Microsoft is dragging down the Nasdaq. Concerns over tech company earnings and performance are emerging, and tech stocks

Tracking Bitcoin's movements, it's interesting to see that the average acquisition price range of investors as of 2023 is still being considered. Focusing on the price ranges of those who bought during that period, a trend of decreasing volatility is becoming apparent.
Compared to past cycle patterns, it feels like investors' behavior has become much more rational this time. Panic selling is less common, and sharp surges and drops are not as extreme as before. The market may be maturing.
Especially since institutional investors have entered, I feel the nature of volatility has changed. It's mo

Wall Street heavyweights are presenting some interesting outlooks. It seems the outlook for Bitcoin—cryptocurrency—is about to change significantly.
If we summarize the recent comments from BlackRock, UBS, and well-known hedge fund managers, it’s like this: the “easy phase” of the AI bubble is heading toward an end. Capital is shifting away from a one-sided concentration in mega-cap tech stocks to industries, electrification, and healthcare.
This trend carries quite important implications for Bitcoin. Traditionally, Bitcoin has been seen as a hedge asset against a weakening dollar, but in real

Some news regarding China’s regulatory developments has caught my attention. The Ministry of Public Security has reportedly put forward a bill related to preventing cyber crime and is currently soliciting public comments.
Looking at the content, it seems that the provisions concerning cryptocurrencies are becoming quite strict. Specifically, it appears that it would clearly prohibit intentionally concealing, transferring, or purchasing and selling crypto assets involved in illegal activities. In addition, the provision of fund transfer services using virtual currencies originating from crimes

Bitcoin has been hovering around $82,300 recently, but looking at the liquidation heatmap reveals an interesting picture. There’s liquidity in the $81,000 to $81,800 zone, and it seems to be acting as support.
What’s catching my attention is the upper range. There’s a significant concentration of short positions between $88,000 and $91,500. If Bitcoin enters an uptrend, this short liquidation zone on the heatmap could become a prime target.
For now, it’s sideways, but if it breaks above this range, $91,500 could be a key level. Watching the liquidation heatmap makes it easier to anticipate pri

Some news about the relationship between Saudi Arabia and the United States has come to light that’s getting people’s attention. Bloomberg is picking up a report from The New York Times, saying that the U.S. appears to have instructed personnel of its diplomatic mission stationed in Saudi Arabia to leave the country.
This is said to be a withdrawal directive from the State Department, suggesting a fairly official response. If the personnel are being urged to evacuate, it likely means there are substantial concerns. However, the specific reasons have not been disclosed in detail yet.
When you l

Have you ever thought about the meaning behind the name Celestia? Actually, this name embodies a profound philosophy.
Celestia, meaning "heaven" or "sky," is not just a pleasant-sounding name; it symbolizes the essence of the foundational protocol they are building. It’s open like the sky, vast, and unrestricted. Such an ideal is embedded within.
In reality, what Celestia aims for is to serve as a universal consensus network. It provides developers and communities with maximum freedom to build their own custom blockchains. This is like a redefinition of "freedom" within the blockchain space.
A

I often get asked recently whether you can really make money through pre-sale investments. To be clear, the profits you can gain vary widely.
The appeal of cryptocurrency pre-sales lies in the ability to purchase tokens at a low price before they hit the market. They serve as a preliminary stage before ICOs or IDOs, allowing projects to raise development funds while giving early investors the chance to benefit from potential growth. However, the key point is that actual returns vary greatly depending on the investment.
Many aim for 1000x returns, but honestly, that’s rare. There are cases like

Have you heard of ATH? It's a term that always comes up when trading, but it's actually a pretty important concept.
ATH stands for "All Time High," which means the highest price an asset has reached from the past to the present. In the case of cryptocurrencies, for example, Bitcoin might hit $126.08K. The pronunciation of ATH is "All Time High," but it's more than just a number; it's a crucial signal that indicates market bullishness.
What's interesting is that the process of reaching an ATH actually occurs in three stages. The first is the "Action" phase, where the price breaks through resist