Being Hubei’s richest man is really not a position anyone can hold securely.
This guy, Ai Luming, dared to go into business with just 2,000 yuan in his pocket, and somehow built it into a 100-billion-yuan business empire—only to end up in a detention center. The Contemporary Group owed 80.6 billion yuan, nearly 4,000 investors lost everything, and 5.7 billion yuan worth of private direct-financing products blew up— even a screenwriter for a business-war movie wouldn’t dare write something this absurd.
The funniest part is that he made his fortune back then by extracting urokinase from urine an

Gold prices came under pressure and pulled back after rising sharply in the early session, with losses widening during the European session. At the current pace, prices are highly likely to continue moving lower during the US session, potentially breaking below yesterday’s US-session low of 4377 and even testing around the early-session low of 4367, following a bottoming-and-rebound pattern similar to last Friday’s.
Even if prices continue to pull back in the short term, the previous low support zone remains a favorable opportunity to go long. Conservative traders can enter around 4375, while

If I could only choose one, I wouldn’t choose Kweichow Moutai: Which A-share “contract newcomer” has the most potential?
The 10 A-share perpetual contracts have launched simultaneously, naturally raising the question: If you could only choose one, which one would you choose?
Gate’s announcement shows that the newly listed assets include China Shenhua, Yangtze Power, Hygon Information, Midea Group, BeiGene, Kweichow Moutai, Hengrui Pharmaceuticals, BIWIN Storage, Demingli, and Taiji Industry. Trading uses USDT settlement and supports 1x to 20x leveraged long and short positions.
If I had to cho

🚨 BREAKING: $2.8 TRILLION GIANT CITI JUST FIRED THE BITCOIN GUN! 🚀
Wall Street isn't coming... IT'S ALREADY HERE. 😱🔥 Citi is officially dropping Bitcoin custody THIS YEAR!
The biggest bull run in history starts NOW! Are you ready?! 📈💎🙌
#Bitcoin #Crypto #ToTheMoon #CitiBank

#Japan5YearYieldHitsRecordHigh
Japan 5 Year Yield Hits Record High
Core Move
• Japanese government bond yields were largely unchanged on Thursday, with the five-year yield hovering near a record high as investors positioned for a potential Bank of Japan rate hike in September • Japan five-year government bond yields touched a record high on Friday at the end of a volatile week of trade, as investors gauged government and central bank responses to economic headwinds brought on by the Middle East crisis
• Yield on the five-year Japanese government bond rose 1.5 basis points to 1.84 percent, th

【$ETH Signal】1H bearish momentum contracting, 4H bullish trend intact, buy the dip
$ETH Order book depth imbalance 49.97%, bid order depth is 3 times that of asks, with extremely strong support below. The 1H MACD histogram at -0.6336 is contracting, while the 4H histogram at 0.8514 is also narrowing, showing intertwined momentum across both timeframes. Price at 1898.74 is tracking along the 1H EMA20, with short-term selling pressure at 1904.99, but bids are being absorbed quickly. The 4H Bollinger Bands are narrowing, with the middle band at 1892.11; the direction is about to be determined.

THIS COULD BE THE SIGNAL BEFORE THE NEXT #Bitcoin BULL RUN
BTC/Nasdaq ratio has dropped 64% from its 2025 peak.
Sound familiar?
2018 → massive drawdown → $BTC eventually regained leadership
2022 → massive drawdown → $BTC eventually regained leadership
Now the ratio is only 15% above its bottom.
That’s NOT a confirmed trend reversal yet.
The key level: 3.0
🔴 Below 3.0 → BTC continues to underperform
🟢 Above 3.0 → BTC starts outperforming Nasdaq
The moment BTC/Nasdaq reclaims 3.0, the market could enter a completely different regime.
Watch the ratio. Not the noise. 👀

I’m not incapable of trading. I’m just being held back, hand and foot. In reality, the pressures of life leave me with little capital to work with. And the platform restricts me from trading popular coins.
They say one day in crypto is a year in the real world, but over the past few months, crypto has been like stagnant water. It can’t rise, nor can it fall. Without volatility, what’s the point of trading?

THIS IS EXACTLY WHEN BITCOIN BULL RUN STARTS
BTC/Nasdaq ratio dropped 64% from its 2025 peak, the same dump that happened in 2018 and 2022.
Right now, BTC/Nasdaq is up 15% from its bottom, but this can’t be considered a trend change.
As long as this stays below the 3.0 level, Bitcoin will continue to underperform.
But once BTC/Nasdaq breaks above 3.0, BTC will start to lead the market.

#GateDebutsMOUTAIAnd9OtherA-Shares
Gate is bringing 10 popular A-shares into the crypto trading ecosystem.
But what caught my attention is not just the addition of Moutai, China Shenhua, Yangtze Power, and other major Chinese stocks.
It’s the shift in how investors can access traditional equities through crypto-native trading infrastructure.
One development stands out:
⚡ A-Share Perpetual Contracts
Starting August 18 at 14:00 (UTC+8), Gate launched USDT-settled perpetual contracts for 10 A-share names.
The list includes:
📈 Kweichow Moutai
📈 China Shenhua
📈 Yangtze Power
📈 Hygon Informati

$ON fell 25.75% in 24 hours, crashing from 0.3962 to 0.2650, with $23.7 million in trading volume. This drop is not a shakeout—it is a liquidation-style exodus. Stay far away; I mean short-term traders should absolutely stay away. Getting involved means handing ammunition to the market makers.
First, look at the chart: it is currently at 0.2782, just 4.8% above the low, and the rebound is as weak as if it had not eaten. The 24-hour high was 0.3962 and the low was 0.2650, for a 33% range. This is a textbook case of “one huge bearish candle, and everyone shows up.” The $23.7 million in trading

What Are Stablecoins?
Stablecoins are cryptocurrencies designed to maintain a relatively stable value, usually by tracking assets such as the U.S. dollar. Unlike Bitcoin or many altcoins, their main purpose is not price appreciation but stability and utility.
They make it easier to move value across blockchain networks, trade digital assets, earn on-chain yield, and transfer money globally without relying entirely on traditional banking systems.
Popular stablecoins include USDT and USDC, but their designs and reserve structures can differ significantly.
The bigger idea is simple: stablecoins c

$SNDK Late-session analysis: intense battle at the 1800 level—is the rebound real?
Last night, SanDisk hit an intraday high of 1827, ranking second among U.S. stocks by trading value.
From a technical perspective, SanDisk’s movement looks more like a rebound recovery than the beginning of a new uptrend.
The key battleground is currently between 1836 and 1850, a strong resistance zone.
Last night, SanDisk’s intraday high of 1827 just pierced this zone but failed to establish a firm foothold.
Only a sustained move above 1850 would create an opportunity to challenge higher levels;
if resistance p

EM index pullback, EM FX dips as the USD strengthened; risk-off tone nudges pullbacks in EM equities led by tech names like Samsung and TSMC. $BTC ? (no)

Fuck, I tested it out, and DeepSeek's prices have now increased by more than 3x.
Last month, they set higher evening peak prices, and I thought it wouldn't matter since I only use it at night. Then this month they went ahead with another permanent price increase. I originally thought they were going to become the Pinduoduo of the AI industry, but they ended up joining the same corrupt crowd as the other providers. All that talk about permanent price cuts was for nothing.
I have ¥100 left in my balance. Once I use it up, I'm switching to something else. The product is getting harder and harder

#USD1FuturesZeroMakerFee
Trading costs can make a meaningful difference, especially for active futures traders. When every entry and exit carries a fee, those costs can gradually reduce overall trading efficiency. That is why a zero-maker-fee opportunity on USD1 futures can attract attention from traders who carefully manage their execution costs.
The idea behind a zero-maker-fee structure is straightforward: eligible maker orders may be executed without the usual maker trading fee, depending on the applicable platform rules, promotion terms, account eligibility, and trading conditions. This

#GateDebutsMOUTAIAnd9OtherA-Shares
Gate Just Opened the Door to China's A-Shares for Global Crypto Investors
In a move that marks a genuine turning point for the convergence of crypto and traditional finance, Gate officially announced that its Futures Stocks segment will launch live trading of ten perpetual contracts tied to major Chinese A-share companies, including none other than the legendary Kweichow Moutai. The trading goes live at 06:00 UTC on August 18, 2026, and brings ten heavyweight Chinese companies into a USDT-margined perpetual contract format, allowing users to go both long and

Another day another glorious buy opportunity on the $LAYOFF hedge