I've been writing and testing a quantitative trading program for the past month, and so far, the results have been quite good. The program is able to identify assets with the strongest bullish momentum, and it also includes hedging strategies to control drawdowns.
#BTC#ETH#ETF
The best strategy for the coming week is to go long $OP and short $XRP. I hope friends who are lucky can see this tweet. The current exchange rate of op/xrp is 1.556. Potential profit is more than 50%.
@narrative_alpha Thank you for pointing out the mistake, my friend. I must have been mistaken with the date. However, the long OP/short XRP strategy is definitely right.
I will start a column named "0xfleet's Weekly Trading Strategy". Every Sunday, I will give out the best trading strategy for the next week. This is in the form of pair trading, going long one asset and short another. This way, we can make money regardless of the market trends
The best strategy for the coming week is to go long $OP and short $XRP. I hope friends who are lucky can see this tweet. The current exchange rate of op/xrp is 1.556. Potential profit is more than 50%.
The best strategy for the coming week is to go long $OP and short $XRP. I hope friends who are lucky can see this tweet. The current exchange rate of op/xrp is 1.556. Potential profit is more than 50%.
The upcoming rebound in BTC is an opportunity to withdraw. Afterwards, we are likely to face a decent adjustment, with BTC possibly dropping to 28,000.
#BTC#PEPE
After reading the details released by Multichain official, it is shocking. There is only one conclusion: stay away from all Chinese projects where the person in control of the keys is not overseas.
#MultiChain $MULTI
1. On May 21, 2023, Multichain CEO Zhaojun was taken away by the Chinese police from his home and has been out of contact with the global Multichain team ever since. The team contacted the MPC node operators and learned that their operational access keys to MPC node servers had been revoked. Furthermore, these MPC node servers, like all other ordinary servers, were actually running under Zhaojun's personal cloud server account. No member of the team has access to Zhaojun's personal cloud server account, so nobody can log on to these MPC servers.
2. Later, the team established contact with Zhaojun's family and learned that all of Zhaojun's computers, phones, hardware wallets, and mnemonic phrases were confiscated by the authorities. Since the inception of the project, all operational funds and investments from investors have been under Zhaojun's control. This also means that all the team's funds and access to the servers are with Zhaojun and the police.
3. Due to the lack of information about the case, the team could only maintain project operations to the best of their abilities through the remaining access on some non-MPC servers that hadn't been revoked yet. Per the lawyer's suggestions, the team has chosen to cooperate as much as possible with the demands of Zhaojun's family and adhere to the requirements of local laws and regulations, refraining from disclosing unauthorized information about the case to the public.
4. On May 30, in a responsible approach toward the community, the team released the news about Zhaojun's disappearance and informed the community about the technical issues currently faced.
5. On June 4, Zhaojun's family successfully logged into the cloud server platform using the historical information on his home computer. However, Zhaojun's family only allowed Multichain team engineers physical access to the home computer to fix technical issues with Router2 and Router5.
6. During this period, Zhaojun's family and the lawyer were in communication with the police. The team was not informed about the details of the case but was notified that Zhaojun would be released soon and was asked to continue maintaining the system and await further updates.
7. The Multichain protocol continued to operate as designed. The team made every effort with limited resources to sustain the operation of the Multichain protocol and resolve user issues as much as possible.
8. On July 7, user assets locked on the MPC addresses were transferred to unknown addresses abnormally. According to Zhaojun's sister, login information from an IP address in Kunming was found on the cloud server platform, along with a series of operations transferring funds from the MPC addresses.
9. On July 9, Zhaojun's sister transferred the remaining user assets in the router pool and subsequently notified the team and several project parties of this asset preservation action. The funds were transferred to EOA addresses controlled by Zhaojun's sister.
0x1eed63efba5f81d95bfe37d82c8e736b974f477b
0x6b6314f4f07c974600d872182dcde092c480e57b
10. On July 13, according to information provided by Zhaojun's family, the police took Zhaojun's sister into custody. Now, Zhaojun's sister is also out of contact. The status of the assets she has preserved is uncertain, so the team believes it is necessary to inform the community about all the known circumstances.
11. Due to the lack of alternative sources of information and corresponding operational funds, the team is forced to cease operations. If there are any further notifications and developments, the team will update the community accordingly.
12. The Multichain team does not have the access to Domain Account to redirect or bring down the frontend https://t.co/v2pWSycJ0k. Please help amplify and ask users not to use the Multichain service anymore.
Can @GoDaddy help to bring down https://t.co/v2pWSycJ0k? Thanks.
@MultichainOrg After reading the details released by Multichain official, it is shocking. There is only one conclusion: stay away from all Chinese projects where the person in control of the keys is not overseas.
https://t.co/0HWBNodDee
It's rumored that the multichain team has been arrested by the Chinese police, with 1.5 billion dollars of contract funds under control, and some team members transferred 494200 multi tokens from the team address to gate today. Please be aware of the risks.
$multi #MultiChain
After this tweet, the MKR/COMP exchange rate pair rose by up to 25%. If you used a three-times leverage for the exchange rate pair, your return would be 75%.
$MKR $COMP
The best recent pair-trade strategy is to long $MKR and short $COMP. COMP has a weaker connection with the RWA sector, while MKR's profit based on RWA has exceeded 50%.
#RWA
A large amount of assets have been mysteriously transferred from Multichain's MPC multi-signature address. It appears that someone has gained control over the multi-signature threshold. Cross-chain bridges really are a terrible business. $MULTI #Multichain
It's rumored that the multichain team has been arrested by the Chinese police, with 1.5 billion dollars of contract funds under control, and some team members transferred 494200 multi tokens from the team address to gate today. Please be aware of the risks.
$multi #MultiChain
A large amount of assets have been mysteriously transferred from Multichain's MPC multi-signature address. It appears that someone has gained control over the multi-signature threshold. Cross-chain bridges really are a terrible business. $MULTI #Multichain
It's rumored that the multichain team has been arrested by the Chinese police, with 1.5 billion dollars of contract funds under control, and some team members transferred 494200 multi tokens from the team address to gate today. Please be aware of the risks.
$multi #MultiChain
The best recent pair-trade strategy is to long $MKR and short $COMP. COMP has a weaker connection with the RWA sector, while MKR's profit based on RWA has exceeded 50%.
#RWA
XRP and LTC are part of the old narrative with very high FDV. Even the halving narrative of LTC didn't get recognized by the market. For altcoins, the industry always favors the new over the old. In this cycle, pay attention to decentralized derivative platforms, such as GMX
3. Additionally, the new narrative brought about by AI for tech stocks is also an important reason. However, the blockchain industry has yet to present a new core narrative to attract capital.
1. Why was I so persistently bearish on the market recently? Why is the trend of BTC so different from the NASDAQ? It's actually quite simple, as the real interest rates in the U.S. have risen to the level of November 2022.
$BTC $ETH $PEPE