Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
# DeathSpiral
103
BasheerAlgundubi
⚠️ #خبرٌ.صادم
When Michael Burry, the man who predicted the 2008 collapse when the world was "celebrating and dancing," speaks, we must stop and listen.
Today, his warning is not just a "prediction of a downturn"; he's warning of a terrifying scenario he calls the "Death Spiral" (#DeathSpiral ).
What’s the news in brief? The problem isn’t #البيتكوين as a "technology"; the problem is "leverage and debt." Giant companies have mortgaged their futures to buy billions. If the price drops below a certain level ( and Michael Burry says we’re close to it ), these companies will drown in losses
View OriginalWhen Michael Burry, the man who predicted the 2008 collapse when the world was "celebrating and dancing," speaks, we must stop and listen.
Today, his warning is not just a "prediction of a downturn"; he's warning of a terrifying scenario he calls the "Death Spiral" (#DeathSpiral ).
What’s the news in brief? The problem isn’t #البيتكوين as a "technology"; the problem is "leverage and debt." Giant companies have mortgaged their futures to buy billions. If the price drops below a certain level ( and Michael Burry says we’re close to it ), these companies will drown in losses
- Reward
- 1
- 1
- Repost
- Share
BasheerAlgundubi:
If this scenario occurs, I will choose the cryptocurrencies worth buying and add them to my investment portfolio 🦅:Load More
Join 40M users in our growing community
⚡️ Join 40M users in the crypto craze discussion
💬 Engage with your favorite top creators
👍 See what interests you
Trending Topics
84.38K Popularity
8.72K Popularity
2.56K Popularity
3.91K Popularity
8.69K Popularity
6.81K Popularity
4.14K Popularity
4.58K Popularity
16.42K Popularity
5.45K Popularity
33.19K Popularity
14.73K Popularity
25.14K Popularity
11.95K Popularity
218.3K Popularity
News
View MoreCross-chain bridge Relay announces the completion of a $17 million Series B funding round, with Archetype and USV leading the investment.
19 m
Russell 2000 Index drops to a nearly one-month low, down 1.5% latest
51 m
Data: If BTC breaks through $69,015, the total liquidation strength of long positions on mainstream CEXs will reach $1.209 billion.
1 h
Data: If ETH breaks through $2,032, the total liquidation strength of long positions on mainstream CEXs will reach $559 million.
1 h
In the past 4 hours, the entire network has been liquidated by $759 million, with nearly $400 million in BTC liquidations.
1 h
Pin