Lookonchain APP

App Store

CZ: Being able to early on encounter Bitcoin was a gift of the times, I am very fortunate

6 hours ago

On October 11th, CZ stated during a live stream, "Having the opportunity to get early exposure to Bitcoin was a gift of the era. I am extremely fortunate. Blockchain and Bitcoin are the technologies that are going to transform the future. At that time, I was very clear. After comprehending blockchain technology, I had no more uncertainties and was firmly convinced that the crypto industry is the future, and Bitcoin is the future. Bitcoin is the leader, and at that time, there was nothing capable of challenging it. Even now, I don't think any other token can come close to challenging it. At that time, I intended to wholeheartedly dedicate myself, but due to the lack of sufficient cash, I had to go all-in. I resigned from my job in the traditional industry, and many people regarded that as very risky. However, for me, if everything were to become zero, I could still return and find a job at a bank and lead a life. Later, I encountered a stalemate for approximately 18 months, and then the market began to recover. Once one goes through the first cycle, the future cycles become much more manageable."
Relevant content

In the past 24 hours, over 1.51 million people globally have been liquidated, with the total amount liquidated reaching $13.512 billion.

On October 11, within the past 24 hours, a grand total of more than 1.51 million people worldwide have been liquidated. This has led to a cumulative liquidation amount of $13.512 billion. Specifically, long liquidations reached $12.145 billion, and short liquidations amounted to $1.367 billion.

12 minutes ago

Bitcoin Surges Above $114,000 Briefly

On October 11th, according to HTX market data, Bitcoin briefly climbed above $114,000, and the 24-hour decline was narrowed to 6.50%.

12 minutes ago

HLP Treasury Earns Over $41 Million in 24 Hours

On October 11th. During this morning's market "Black Swan" downturn, the HLP Treasury took over a significant number of liquidation positions and earned more than $41 million within 24 hours. The one-month Annual Percentage Rate (APR) has skyrocketed to 188%.

12 minutes ago

Nasdaq Plunges 3.5%, Marks Largest Single-Day Drop Since April 10

On Friday, October 11th, U.S. stocks closed. The Nasdaq declined by 3.5%, which marked the largest single-day drop since April 10th. Large-cap tech stocks witnessed a general decline. Amazon (AMZN.O), Tesla (TSLA.O), and NVIDIA (NVDA.O) all decreased by approximately 5%, while Apple (AAPL.O) fell by 3.45%.

12 minutes ago

S&P 500 Index Records Largest Weekly Decline Since May

On October 11th, the S&P 500 Index closed down by 182.61 points on October 10th (Friday), representing a decrease of 2.71% and reaching 6552.50 points. This marked the largest weekly decline since May.

12 minutes ago

Ethena confirms that the USDe minting and redemption functionality is operating as expected

On October 11th, Ethena has verified that the minting and redemption functionality is operating as anticipated. Additionally, USDe is overcollateralized due to the presence of additional Unrealized Profits and Losses (UPnL).

12 minutes ago