Phyrex.Ni
Phyrex.Ni
No extravagance, no waste
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Totally agree, whether it's a bank or a brokerage, if you open an account with fake personal information, once discovered, it's not just a matter of funds; next time you go to that country, you have to be careful.

Gary Du
Currently, the business of opening Interactive Brokers and Charles Schwab accounts is booming through some channels that provide fake address proofs.
A word of advice: don't let influencers take advantage of you.
The United States is a country that places great importance on personal credit.
If it is later discovered that the address proof is forged,
both the account and the money will be lost.
Compliance and security always come first.

BIT美股频道
Choosing a trading platform, safety and compliance are always the top priorities. Integrity is fundamental. BIT US Stocks openly discloses the underlying 【compliance framework】 and 【fund flow】 of its business here, welcoming users to verify for themselves:
🔍 Core investigation: Is BIT US Stocks business compliant?
Yes, BIT US Stocks operates under a compliance licensing framework. BIT US Stocks (formerly Matrixport) is a digital securities brokerage business built on the financial services license held by its wholly-owned subsidiary Matrix Gelephu Pte. Ltd. in the Bhutan Economic Zone.
Compliance channel: As a professional trading and fintech platform, BIT connects directly with licensed US brokers to build a compliant channel for clients to access the US securities market.
US stock regulation: All partner brokers are regulated by the US SEC and FINRA and are members of SIPC. This means users’ trades and assets rely on the same mature and regulated US financial market infrastructure as global major brokers.
💰 Fund destination: Where exactly are users’ money and stocks?
A common misconception is that "money is placed on the Web3 platform." Actually, users’ funds and stocks are directly held in US officially licensed clearing institutions (RQD and AVS). In the mature US financial system, clearing and custody are performed by independent licensed institutions.
Official verification of underlying custodians can be done via the US Financial Industry Regulatory Authority (FINRA) BrokerCheck system with one click to review partner institutions:
(1) Partner clearing institution: RQD CLEARING, LLC
Institution type: US domestic clearing and custody institution regulated by the SEC
Regulatory registration number (CRD Number): 134284
👉 One-click access:
(2) Partner clearing institution: ATOMIC VAULTS SECURITIES, LLC (AVS)
Institution type: US domestic clearing and custody institution regulated by the SEC
Regulatory registration number (CRD Number): 317194
👉 One-click access:
🇧🇹 Why trust the "Bhutan GMC license"?
The financial license issued under the Gelephu Mindfulness City (GMC) framework in Bhutan is a national-level strategy aimed at building a world-class digital finance and asset center. Its regulatory system is designed with participation from top global financial regulatory experts and is rigorous. For BIT’s clients, the Bhutan GMC license provides the following strict regulations:
1. Client assets must be strictly segregated from the company’s own assets
2. Custody must be provided by institutional-level, regulated custodians
3. The company must maintain capital and liquidity buffers to ensure stable operations
4. Continuous audits, reporting, and compliance reviews are mandatory
5. Strict restrictions on the use of client funds and securities
More importantly, GMC’s regulatory system includes digital assets, tokenization, and international market-related businesses, providing a legally clear, rigorously regulated, and forward-looking framework. This enables BIT to advance its business development in a clearly compliant environment while meeting international investor protection and governance standards.

When I woke up, I saw some friends left comments asking for the Charles Schwab account opening guide I wrote back then. I found it, and it turns out it was written in 2023, already two and a half years ago, but the process probably hasn't changed. Friends who need it can take it. It was written in great detail at the time, including deposits and withdrawals.
Phyrex.Ni
Many friends know about high-yield US Treasury bonds, but for those in the crypto market, there are certain barriers from account opening to funding, which isn't very user-friendly. So today, I have prepared a step-by-step tutorial to teach everyone how to purchase US Treasury bonds using stablecoins through a transfer method.
This article was completed under the guidance of Brother Wu @qinbafrank
This tweet is sponsored by @OfficialApeXdex | Dex With ApeX


A lot happened today, with the key point being that Waller has officially been appointed as the Fed Chair. Although both he and Trump say they want to maintain the Fed's independence, the real situation will become clear at the June FOMC meeting and the dot plot. It's not very meaningful to speculate now; when the meeting comes, it will be the handover between the Fed's old and new camps. I guess Trump will be nervous too—will Waller obey or not?
The US and Iran remain a side issue for now, but this side issue deeply affects the main storyline. Today, WTI briefly dropped below $95, mainly because the market heard news that the US and Iran might reconcile. But as I said, don’t just look at the US side or the Iran side alone—look at their joint statement, just like with the temporary ceasefire. If there’s no joint statement, don’t believe it.
Sure enough, just when market expectations were good, Iran came out saying it’s still very early to reach an agreement, which immediately pushed WTI prices up by $2. However, from various signs, it is indeed possible to reach a preliminary reconciliation before June, at least ensuring the Strait of Hormuz remains open. WTI dropping below $90 would be about right.
I’ve been saying to short WTI for a long time. Previously, I didn’t dare hold because funding rates were too high. Now, Binance’s CLUSDT funding rates have dropped a lot; this week’s funding rates are almost negligible, so holding costs are much lower. My first target is still $90, but I think once it hits $90, the downside will accelerate. Let’s watch $90 first.
Back to Bitcoin data, the price is still in a slight oscillation trend and is still connected to the US stock market. However, $BTC is clearly more affected by macro factors. Any small disturbance causes short-term investors to exit. But from the data, whether it’s spot ETFs or native investors, performance is very good with no tension, and turnover remains low.
#Bitget VIP status awaits! Crypto, US stocks, CFDs, global opportunities all in one place


Phyrex.Ni
First of all, happy Pizza Day to all my friends! Whether you eat pizza or not is not important; what matters is understanding the sentiment towards holding Bitcoin. It’s precisely because of this day that I’m constantly reminded to try not to sell my $BTC. That’s what I’ve done—from the first time I bought Bitcoin until now, I have never sold any. This might be my most stubborn belief, though it may not necessarily be right, especially after going through several rollercoaster rides.
But if I had been afraid of the rollercoaster from the start and chose to sell, I really don’t know if I would still have these Bitcoins now. I might have been shaken out at some point. Having a bit of faith is good after all.
Today has been full of twists and turns. The issues between the US and Iran have been pushing to the limit. The Strait of Hormuz is still not fully open, but I heard that the US and Iran have reached an agreement, and the final result will be announced in a few hours. After this news came out, WTI prices have fallen back below $97. The market has chosen to believe it.
Hopefully, this is for real. I’ve also seen some data showing that the American public is very dissatisfied with Trump now. The inexplicable strikes against Iran have caused US inflation to rise, and data shows Trump’s approval rating is declining. This must be very painful for Trump, who is determined to achieve big things, especially with less than half a year until the midterm elections.
Back to Bitcoin data, I still stick to my judgment: the current price of $BTC still depends on the mood of the US stock market, and the US stock market depends on the US economy and political stance. So if many people think they will see Bitcoin at $60,000 or even lower, that means the US stock market will also experience a significant pullback.
At least from the current data, BTC is still very healthy. More investors are leaning towards long-term holding, and short-term trading investors are decreasing.
#Bitget means VIP! Crypto, US stocks, CFDs, a one-stop global opportunity layout


Waller officially took the oath of office as the new chairman of the Federal Reserve.
When Waller was sworn in, he did not directly promise to cut interest rates, nor did he say he would immediately shift to easing. He did not acknowledge that controlling inflation and growth must be an either-or choice; instead, he believes the Federal Reserve must reform, and a reformed Fed can simultaneously manage inflation, support growth, and increase real income.
Trump, meanwhile, expressed on site his hope that Waller would be completely independent, not look to him or anyone else, and do his own thing.
Of course, we all know that if Waller does not follow Trump's path, he will most likely be criticized.
First of all, happy Pizza Day to all my friends! Whether you eat pizza or not is not important; what matters is understanding the sentiment towards holding Bitcoin. It’s precisely because of this day that I’m constantly reminded to try not to sell my $BTC. That’s what I’ve done—from the first time I bought Bitcoin until now, I have never sold any. This might be my most stubborn belief, though it may not necessarily be right, especially after going through several rollercoaster rides.
But if I had been afraid of the rollercoaster from the start and chose to sell, I really don’t know if I would still have these Bitcoins now. I might have been shaken out at some point. Having a bit of faith is good after all.
Today has been full of twists and turns. The issues between the US and Iran have been pushing to the limit. The Strait of Hormuz is still not fully open, but I heard that the US and Iran have reached an agreement, and the final result will be announced in a few hours. After this news came out, WTI prices have fallen back below $97. The market has chosen to believe it.
Hopefully, this is for real. I’ve also seen some data showing that the American public is very dissatisfied with Trump now. The inexplicable strikes against Iran have caused US inflation to rise, and data shows Trump’s approval rating is declining. This must be very painful for Trump, who is determined to achieve big things, especially with less than half a year until the midterm elections.
Back to Bitcoin data, I still stick to my judgment: the current price of $BTC still depends on the mood of the US stock market, and the US stock market depends on the US economy and political stance. So if many people think they will see Bitcoin at $60,000 or even lower, that means the US stock market will also experience a significant pullback.
At least from the current data, BTC is still very healthy. More investors are leaning towards long-term holding, and short-term trading investors are decreasing.
#Bitget means VIP! Crypto, US stocks, CFDs, a one-stop global opportunity layout


Phyrex.Ni
Today's market is actually quite clear. The main reason for the rise is the indication from the US and Iran that an agreement might be reached. But honestly, this optimism mainly comes from the US side; I haven't seen any related content in Iranian media, so it might just be a unilateral victory announcement from the US or Trump, with Iran not cooperating at all.
Although the US stock market has driven Bitcoin up, and both WTI and Brent have declined, there is no information about Iran allowing passage through the Strait of Hormuz. On the contrary, Iran is still setting its own regulations for managing the Strait of Hormuz, which makes it hard for me to be optimistic in advance, as such back-and-forth has happened too many times.
Of course, there is no better approach at the moment. So far, my short position on WTI has started to show paper profits, and the liquidation price has consistently stayed above $120. The funding rate is not high now, so I can hold on for two more days to see how it goes. I still believe that even if the Strait of Hormuz is not yet open, it won't take too long.
The Federal Reserve's April meeting minutes released today also address this issue. Many Fed officials are starting to consider re-evaluating rate hikes if inflation continues to rise. This is the biggest challenge for Trump. With Walsh in charge, there's no talk of rate cuts; with oil prices this high, rate cuts are impossible unless Trump can completely resolve the Strait of Hormuz issue.
Moreover, the inflation caused by the Strait of Hormuz issue is not just affecting the US; most countries worldwide, including China, are impacted. Therefore, pressure on Iran will be comprehensive, and the longer this drags on, the worse it is for Iran.
Back to Bitcoin data, I have always maintained that more investors are shifting to long-term holding. Currently, the $BTC price is mainly determined by short-term investors, and what influences short-term investors is the US macro environment, politics, and economy. Although today's meeting minutes are not good, as long as we see talks between the US and Iran and the Strait of Hormuz open, these issues won't matter.
#Bitget VIP access is here! Crypto, US stocks, CFDs, global opportunities all in one place


Over 60% of Americans oppose war with Iran, Trump's approval rating declines
Opposition to a US-Israel war with Iran is rising in the United States, and with deepening economic issues, this is putting greater pressure on Trump.
A new Fox News poll shows that 60% of Americans now oppose the war, up from 55% last month, with 91% believing the conflict is causing economic turmoil.
These numbers increase the political troubles Trump faces as dissatisfaction with the economy continues to grow. More than three-quarters of respondents say the economic situation is bad, with 77% calling it very bad, up from 73% last month and 71% a year ago.
Discontent with Trump's handling of the economy has also risen sharply, climbing from 56% a year ago to 71% now.
The president's overall approval rating continues to decline, with 61% of Americans disapproving of his performance.
Phyrex.Ni
Trump stated that the United States wants the Strait of Hormuz to be free and without passage fees
When asked about Iran's proposal to impose passage fees in the Strait of Hormuz, Trump said, "We are reviewing this proposal."
"As you know, we have achieved complete control over the Strait of Hormuz through a blockade. The blockade has been 100% effective. No one can pass through it; it is like a steel wall," the U.S. president told reporters.
Meanwhile, Iran's Quds Force Navy stated that 31 vessels passed through the Strait of Hormuz in the past 24 hours.
"We want it to be free; we do not want passage fees. It is international; this is an international waterway," Trump said during a press conference at the White House when discussing the strait.
This is what I mentioned yesterday: don’t just listen to what the US says unilaterally. Right now, the US is claiming victory on its own, but Iran is completely uncooperative. Up to now, the Strait of Hormuz is still not fully open, so during the day today, WTI prices rebounded back above $100.
The main issue now is not knowing which information is true and which is false. So my view is simple: short at the high levels. Once it rises above $100, I will add to my position, keeping the liquidation point always adjusted above $120. Also, Binance’s funding rate is not high anymore, so it’s more sustainable and less risky.
The first phase target is around $90.

Phyrex.Ni
I no longer believe anyone who talks about how the US and Iran are negotiating. I only watch the oil prices. As long as WTI oil prices don't drop, everything said is meaningless. Oil prices are currently the most important indicator for measuring US-Iran relations.
I've been shorting WTI for a while now. Fortunately, Binance's funding rate has been adjusted, and luckily I settled once before; otherwise, holding on until now would have left me with nowhere to cry.
The strategy of shorting WTI on rallies is definitely correct, but you must pay attention to the funding rate. To save costs, you can short through brokers, which is the cheapest option but hard to leverage. If you're only shorting at 1x leverage, the best choice is still through brokers.
However, if you want leverage, exchanges are indeed more convenient.

Trump stated that the United States wants the Strait of Hormuz to be free and without passage fees
When asked about Iran's proposal to impose passage fees in the Strait of Hormuz, Trump said, "We are reviewing this proposal."
"As you know, we have achieved complete control over the Strait of Hormuz through a blockade. The blockade has been 100% effective. No one can pass through it; it is like a steel wall," the U.S. president told reporters.
Meanwhile, Iran's Quds Force Navy stated that 31 vessels passed through the Strait of Hormuz in the past 24 hours.
"We want it to be free; we do not want passage fees. It is international; this is an international waterway," Trump said during a press conference at the White House when discussing the strait.
After watching what Michael said, I felt deeply touched. Actually, recently many friends have been chatting with me about ethereum:native related matters. Maybe it's a case of birds of a feather flocking together; many of my close friends still hold a large amount of ETH.
From my personal perspective, first of all, I am still regularly investing in ETH and have no plans to stop. My attitude towards ETH is very simple: on one hand, it is the cryptocurrency at the forefront of compliance.
Although there are now more than a dozen tokens that have passed the US spot ETF, only two have significant trading volume in the entire US with participation from institutions at the level of BlackRock: one is bitcoin:native and the other is ethereum:native.
When I invest regularly, I have one viewpoint: whether I am right or not is not important; what matters is that I believe BlackRock is right. In fact, this is the conclusion I have reached. So far, the largest capital flow in the cryptocurrency field comes from BlackRock investors.
Besides the brand endorsement, although the technical field hasn't been discussed much for a long time, I have seen too many public chains claiming to be Ethereum killers, boasting better performance and lower gas fees. But today, ETH is still the most Turing-complete public chain, the most decentralized public chain, and the public chain with the strongest consensus and development.
On the contrary, I think ETH's biggest problem is the ETH Foundation. The biggest gap between Vitalik and Satoshi is that he hasn't let go yet. The day the ETH Foundation no longer exists, ETH might have better development.
Of course, from a price perspective, it is indeed cooling off now, but I still believe that when liquidity recovers, ETH will not perform too poorly.