The Demise of Huiwang Guarantee: Chen Zhi, Li Xiong, and Their 24 Billion Yuan Underground Financial Dream Cut Off
Unveiling the inside story of the downfall of the $24 billion money laundering empire of the Huiwang Group, this article provides an in-depth analysis of how the Cambodian Prince Group used USDT and Telegram to build the world's largest illegal crypto market, with its founder Chen Zhi and core member Li Xiong subsequently arrested.A God's-eye view of BTC: Behind the 66,000-69,000 price range, a closely contested battle for chips.
The market is currently in a state of equilibrium, with the forces of profitable positions (left side) and loss-making positions (right side) being equal, resulting in prices being resilient but lacking the momentum to break through.PA Daily News | Circle launches encapsulated Bitcoin token cirBTC; US CFTC sues state regulator over jurisdiction over prediction markets.
The People's Bank of China added 12 new operators for the digital yuan; Coinbase received approval to establish a national trust company; the IMF warned that tokenized finance could reshape the global financial system and bring new risks; Circle launched a packaged Bitcoin, cirBTC; and Dmail Network will gradually cease operations.Gate 2026 Q1 Spot Listing Key Data: Continuously Providing Effective Opportunities in a Weak Market; 35.7% of Exclusive Projects Saw Weekly Gains Exceeding 100%.
In summary, Gate's spot listing performance in the first quarter of 2026 can be summarized in one sentence: In a period of overall market pressure, decreased opportunity density, and increased project differentiation, Gate still maintained a relatively high-quality supply of new projects and a convincing post-listing performance.Trading Moment: Analysts generally believe that BTC will fluctuate downwards. Will Brent crude oil futures be able to close the $32 futures-spot price spread next week?
US stock markets are closed today, and gold, silver, and oil will not trade throughout the day, but non-farm payroll data will still be released. The world's most important crude oil spot price broke through $140 on Thursday, and all three major stock indexes closed higher for the first time since the US-Iran conflict.| Indicator | Current Value | Reference Value | Hits |
|---|---|---|---|
| Bitcoin Ahr999 Index | 0.3 ▼ | ≥4 | |
| Days of ETF Net Outflows | 0 | ≥10 | |
| ETF-to-BTC Ratio | 11.1% | ≤3.5% | |
| Bitcoin Bubble Index | -6.6 ▲ | ≥80 | |
| USDT Flexible Savings | 3.26% ▲ | ≥29% | |
| Altcoin Season Index | 43 ▲ | ≥75 | |
| Bitcoin Dominance | 58.01% ▼ | ≥65% | |
| Bitcoin 4-Year Moving Average | 1.1 ▼ | ≥3.5 | |
| MicroStrategy's Avg Bitcoin Cost | 75.7K ▼ | ≥155.7K | |
| Bitcoin Terminal Price | 66.8K | 187.7K |
「」All universities in Iran will switch to online instruction starting today. 「」Australia has switched to winter time, which means financial market trading hours and the release of economic data will be delayed by one hour. 「」Sources indicate that the draft of the Clarity Act is expected to be released this week. 「」Grok's full algorithmic features will be released this week. 「」xAI's Grok Imagine video generation tool, built around the Grok chatbot, will have a major release this week. 「」Opinion (OPN) unlocked approximately 32.09 million tokens, worth approximately $6.1 million.

