Here's what went down in crypto while you were sleeping:

BlackRock's making bank even as Bitcoin nosedived 27%. Wild, right? Meanwhile, BTC-backed lending is heating up—collateralized loans are becoming the new normal for holders who refuse to sell.

DEX volumes? Absolutely surging. Spot trading activity is moving off centralized platforms at a pace we haven't seen before.

Paolo Ardoino came out swinging against those USDT conspiracy theories floating around. He shut down the FUD with receipts.

Oh, and a major US-based platform is now pushing hard on universal basic income initiatives. The intersection of crypto and social policy is getting real weird, real fast.

Markets are shaky, but the infrastructure keeps evolving.

BTC6.85%

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SandwichTrader

· 12-02 01:01

BlackRock's moves are really outrageous, how can they still make money while Bitcoin is falling so hard... I don't quite understand. --- Sounds like DEX is about to take off? Is the era of decentralized exchanges far away? --- How many USDT conspiracy theory fans has Paolo offended, haha. --- UBI and crypto mixed together... I haven't seen this script before. --- BTC lending has become a staple, huh? Not selling but still earning interest. --- Infrastructure is upgrading while the market is collapsing, this contrast is incredible. --- Paolo came out to refute rumors? It shows that the FUD has really scared people. --- The volume of DEX has really surged, wow.

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WalletDoomsDay

· 12-01 21:54

BTC fall 27% and BlackRock is still making profits, this is ridiculous... However, the rise of collateralized lending is indeed a signal, even those who really don't want to sell coins are starting to play this way.

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AirDropMissed

· 12-01 21:48

BlackRock made money by taking the opposite position during the big dump of Bitcoin, this trick is really amazing.

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SchrodingersPaper

· 12-01 21:44

BlackRock is making a killing, coins fell by 27% and they are still laughing... I really can't believe it. --- BTC mortgage lending? In simple terms, it's just a last-ditch effort to avoid cutting losses, but how long can it last? --- Paolo's recent moves have some substance, hitting back at FUD feels refreshing, but the coin price speaks for itself, brother. --- Is DEX on fire? Centralized exchanges should be worried, but I still haven't made any money from it. --- UBI's move is a bit ridiculous; when did the crypto world get tied to social policies? --- Infrastructure is evolving, my assets are evaporating, a bit ironic, right? --- Once again, I wake up and the world has changed, but my account is still the same. --- BlackRock is innovating in finance, while I'm suffering from financial trauma; the perspectives are different, everyone.

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SnapshotDayLaborer

· 12-01 21:39

BlackRock is really amazing, even after falling like this, it can still make money... What does this mean? It means there are Large Investors making money in this game.

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RetailTherapist

· 12-01 21:34

BlackRock is making a fortune, and we're Rekt, how is this business done haha

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