BloodInStreets

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BloodInStreets

8h ago

Recently, I’ve come across more discussions about Wu Jihan again, and it suddenly reminded me of the story of this former blockchain celebrity. From a dual-degree top graduate at Peking University to an entrepreneur with a fortune of over 100 million, and now a controversial figure—this trajectory is truly worth sitting down and talking about properly.
When it comes to Wu Jihan’s beginnings, we have to start with his first contact with Bitcoin in 2011. At that time, he was working in venture capital. Relying on his professional analytical ability, he invested 100,000 yuan at once to buy 900 BT

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BloodInStreets

04-03 16:04

Recently, I’ve been reviewing Google's financial report data and found a few interesting points.
First, let's talk about the advertising business, which has always been Google's cash cow. Search advertising revenue is expected to reach $61.9 billion, and YouTube advertising $12 billion. Together, these two segments have grown about 15% year-over-year. You might ask, what is YoY? It’s short for year-over-year, simply the growth rate compared to the same period last year. This growth rate is quite good in the current digital advertising market, especially as AI tools like Gemini 3.0 begin integr

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BloodInStreets

04-03 13:02

Looking back at the market movement on January 23, Bitcoin was really constrained by the $1.8 billion options expiry. It was almost breaking above $90k, but then suddenly plunged to $88,800. After a rebound to $89,500, it was hammered back down again. The whole process felt like an invisible hand was holding it down.
According to data, ETF net outflows continued for the fourth consecutive day, with withdrawals totaling $32 million. Coupled with the turbulence in Japanese bonds, global risk assets were all fleeing, putting enormous pressure on spot prices. But the most critical factor was the $

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BloodInStreets

04-02 15:08

Recently, I came across an interesting development in U.S. policy regarding how the Defense Production Act (DPA) is applied in practice. In short, the U.S. Department of Justice's Office of Legal Counsel recently issued a memo stating that the President can issue orders under the Defense Production Act to bypass certain California laws, allowing Sable Offshore, an oil company, to restart operations at the Santa Ynez oil field and pipelines.
So, what is the DPA? Simply put, it is the authority granted to the U.S. President to prioritize resources during national defense needs. The memo outlines

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BloodInStreets

04-02 06:10

I've been closely monitoring the USD/PHP exchange rate lately, and I find that this rate has a significant impact on doing business in the Philippines. The escalation of tensions in the Middle East has driven up oil prices, and as global risk aversion increases, the US dollar, as a safe-haven asset, naturally rises. The peso has been under continuous pressure during this volatility.
Looking at the data, the peso's recent performance has indeed been less than ideal. It was previously above 57, but now has slipped to around 59. This depreciation has been quite noticeable over the past month. Tra

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BloodInStreets

04-01 10:00

I've been closely watching the USD/JPY trend lately, and this currency pair is indeed quite interesting. The USD has already broken through 158.50 against the yen, and now the market is focusing on the 159.00 level, with many people waiting to see if it can continue to push higher.
From a technical perspective, the momentum of USD/JPY remains quite strong. The 50-day moving average is at 156.80, and the 200-day moving average is at 153.20. The price has been staying above these moving averages, and the RSI is approaching 68, indicating overbought conditions but no clear divergence yet. Key sup

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BloodInStreets

04-01 07:12

Recently, regarding the Chinese couple's murder case in Bali, I've been pondering one question: why does a murder happening in a foreign country get so many people involved with the crypto circle?
Here's what happened: In early May of this year, a bloody incident occurred at an Intercontinental Hotel

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BloodInStreets

04-01 05:02

Recently, I’ve been experimenting with overseas account registration, and I found that virtual number platforms really save a lot of trouble. I’ve encountered many pitfalls before—some platforms are ridiculously slow, and some don’t receive verification codes at all. Only later did I figure out which ones are reliable.
Basically, virtual number platforms are services that rent temporary phone numbers to receive SMS messages, covering all over the world. You can pay per use or subscribe monthly. Among the ones I’ve tested, SMS-Activate and 5SIM offer the best overall experience—verification cod

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BloodInStreets

03-30 20:07

Many people still have a somewhat fuzzy understanding of Bitcoin contract trading concepts, so today I’ll start from the most basic points.
Simply put, contract trading is a tool for betting on future prices. You don’t need to actually buy the coins; you just bet whether Bitcoin or other assets will go up or down in the future. There are three types: delivery contracts (with an expiration date), perpetual contracts (no expiration date, can hold as long as you want), and options contracts.
The key point is that contract trading supports two-way operations. If you think prices will rise, go long

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BloodInStreets

03-30 03:35

Saudi Arabia's gold mine discovery highlights the commitment to economic transformation by 2030

Saudi Arabia has discovered over 200 tons of high-grade gold ore in the Mansura-Masara mining area south of Mecca. This is a significant mining breakthrough for the kingdom in decades, marking its determination to diversify the economy. The discovery will boost GDP, create thousands of jobs, support Saudi Arabia's Vision 2030, and reshape the resource landscape in the Middle East.

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BloodInStreets

03-30 01:17

Three Dimensions of Cryptocurrency Market Liquidity: From Basic Concepts to Trading Practice

The article discusses the concept of liquidity in the crypto market, pointing out that liquidity is not only related to trading activity but also reflects market participants' intentions at different price levels. It analyzes the liquidity of buyers and sellers and their impact on price volatility, distinguishing between external and internal liquidity, and highlights the relationship between liquidity pools and liquidity hunting phenomena. Ultimately, it emphasizes that understanding liquidity provides insights for trading and recommends observing market participants' psychology to identify potential trading opportunities.

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