Every cycle, leverage creeps into the system.
In the last cycle, the leverage was hidden from view in FTX/CeFi.
Naturally, we looked for hidden leverage this time as well, with Ethena and DATs as primary targets.
Yet, the leverage was sitting plainly in front of our eyes. Few

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On October 7th, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, announced plans to invest $2 billion in prediction market platform Polymarket at a valuation of approximately $9 billion. Just three days later, another prediction market giant, Kalshi, announced the completion of a $300 million funding round, valuing the platform at $5 billion.

Meanwhile, Polymarket founder Shayne Coplan, who has previously retweeted or liked posts about the platform's potential token launch, took to social media to list a list of major cryptocurrencies...

How to play with so many prediction markets? Read this article!

After a few days of rest to sort out my assets and plans, I've received a ton of questionable comments in the comments section and private messages, so I've compiled some of my random thoughts from the past two years. This post is quite long, but it doesn't offer any wealth secrets or chicken soup tips, so it's rather boring. I rarely share honest truths on this account, so this is the only one of its kind and I won't be posting again. If you're a fan or someone who wants to get to know me, please continue reading; otherwise, please skip ahead.
When the domestic self-media hyped up my multi-million dollar comeback from shorting the short a few days ago, while my actual situation was a market pullback and arbitrage profits, I once again realized that the truth is not what people care about...

Doll Sister recounts her cryptocurrency trading experience: "Using fake to cultivate real" to gain traffic, and after a huge loss of $8 million, she turned the tide against the wind.

Blockchain technology company Ripple announced a strategic partnership with Absa Bank, a leading financial institution in South Africa. Under this partnership, Ripple will provide digital asset custod...