Jinghong Quantitative Research Institute | Focus on in-depth strategy development By conducting massive backtesting of historical K-lines and various indicator parameters, we can extract the optimal parameters and make the value grow steadily.
Now we have free trial places for quantitative tools, and those who are interested can come.
Bitcoin breaks through 69,000! What did Trump say at the conference? What are the key points to watch this week?
Gua Ge summarized the key points of Trump's speech at the conference:
1. Opening attack on rival Harris
2. BTC's market value will exceed gold
3. My family is smart, you are all smart
4. Bitcoin will go to the moon and make the United States a BTC superpower
5. Bitcoin represents freedom, sovereignty, and independence from government coercion and control
6. After being elected, SEC Chairman Gary Gensler will step down
7. The Democratic Party opposes cryptocurrency, and Senator Elizabeth Warren is very bad
8. Will appoint a presidential advisory committee on Bitcoin and cryptocurrency, and will not support CBDC
9. Trump also praised the development of stablecoins and support for Bitcoin mining in the United States.
10. "Bitcoin does not threaten the US dollar, the current US government is a threat to the US dollar. The threat to the US dollar does not come from cryptocurrency, but from Washington, DC."
11. If elected president, Bitcoin cryptocurrency will soar unprecedentedly
12. The US government should not sell BTC, but should use the existing BTC as a strategic reserve 13. Trump reiterated his promise to pardon Silk Road founder Ross Ulbricht if elected. 14. At the end of his speech, Trump said, "My promise to each of you is that I will be the pro-innovation and pro-Bitcoin president that America needs and that our citizens deserve."
What volatility risks should be noted this week?
1. Federal Reserve Central Bank Interest Rate Decision Meeting The Federal Reserve will hold an FOMC meeting on July 31 local time. Although the market generally expects the Federal Reserve to remain on hold this week, many people may pay attention to Powell's post-meeting talks to see whether he will support the expectation of a rate cut in September.
2. Technology giants release financial reports The U.S. stock market will see more financial reports from important companies this week, including Microsoft, Apple, Amazon, and Meta from the "Seven Giants of the U.S. Stock Market".
Calculated in Eastern Time, Microsoft will first release its financial report on Tuesday, Meta on Wednesday, followed by Apple and Amazon after the market on Thursday.
Under the influence of possible large fluctuations in U.S. stocks, Bitcoin may also be turbulent, and everyone needs to pay attention to risks.
Focus on Bitcoin 2024: Key speeches and announcements to watch out for, what will Trump say?
Focus on Bitcoin 2024: Key speeches and announcements to watch out for, what will Trump say?
The much-anticipated Bitcoin 2024 conference will be held in Nashville from July 25-27.
Among them, former US President Donald Trump, Senator Cynthia Loomis and politician Robert F. Kennedy Jr. are among the most anticipated figures at the 2024 Bitcoin Conference.
Donald Trump is known for his blunt statements and his speech is expected to have a significant impact on the markets.
Trump is scheduled to speak at 9 pm (UTC) on Saturday, and his appearance is highly anticipated as he has previously made notable remarks on cryptocurrencies.
At present, the latest US polls show that Kamala Harris's approval rating has surpassed Trump's!
Therefore, Kamala Harris's attitude and position on cryptocurrency will attract much attention.
Bitcoin Magazine CEO David Bailey said that he is communicating with the campaign team of Kamala Harris, the current US Vice President and Democratic presidential candidate, and is preparing to invite her to give a speech at the 2024 Bitcoin Conference.
Bailey said: "They will make a decision today.
If Harris does attend, the attention to this Bitcoin conference will be unprecedented!
On the other hand, Mark Cuban said in an interview that Harris seems to be more open to cryptocurrencies than Biden, so she may deviate from the hostile policies of the Biden administration in the future.
Not only that, business leaders are optimistic about Harris's prospects and believe that if she is elected, she will be a stronger advocate for cryptocurrencies and other emerging technologies.
Finally, although Harris's approval rating has surpassed Trump, it is currently only 2%. According to Cuban, Harris's team began to consult him on various crypto-related issues shortly after she announced her presidential campaign, which is a very positive sign.
Do you think she will compete with Trump for the support of the crypto industry?
The White House announced that some presidential powers will be delegated to the Secretary of State and the Secretary of the Treasury
The current US President Biden announced yesterday that he would give up the election and expressed his full support for Vice President Kamala Harris's campaign.
The market originally speculated that he was forced by the increasing pressure within the party. Unexpectedly, many people began to spread rumors on social media today that Biden's health was worrying, and there were even rumors that he had entered hospice care:
A verified source told the global news team that Joe Biden is currently receiving hospice care and is unlikely to survive the night.
Earlier today, the White House suddenly canceled all of President Biden's meetings on Monday and temporarily canceled all meetings this week.
The White House announced that the presidential powers will be divided between the Secretary of the Treasury and the Secretary of State.
The market originally did not take this news seriously and felt that it was alarmist again.
But later it was discovered that the White House released a latest memorandum a few hours ago stating that Biden is delegating some powers to the Secretary of the Treasury and the Secretary of State, which once again sparked heated discussions on the social media.
There has been no official response yet, but generally speaking, the president will not arbitrarily delegate the power he has given to his subordinates. Perhaps the news that Biden is ill is not entirely groundless, especially since he was diagnosed with COVID for the third time last week (although Biden's doctor said his symptoms have almost completely disappeared), but everything still needs further information to be confirmed.
If Biden really has an accident, how do you think the crypto market will go?
The market during this period is very similar to the market in March and April 2023. The market crash coupled with extremely negative news made the market look like it was going to collapse
At that time, the Silicon Valley Bank was going to collapse, and this time the news was the German government and Mentougou
And the more depressed the market is, the more you need to keep your mind stable. If someone continues to shout FUD at this time, then he is an idiot
You can see how many KOLs said they saw 40,000 at that time