9 reasons to hold Bitcoin 1. You don’t need that much, 5 Bitcoins is enough. In the future, you will find that you don’t need that much money at all in your life. 2. Bitcoin itself has no risks. The biggest risk of Bitcoin is that you think there is a risk, but you fail to take it. 3. If we look at Bitcoin’s K-line a few years later, it will be just a straight line throughout 2024. 4. A common understanding is that there is no banker in Bitcoin. Some people think they can be the banker. Once you pull it up and deliver the goods, you can no longer get in the car. 5. What’s the point of looking at 80,000 when it’s 43,000? At 43,000, 250,000 is the big picture. 6. Everyone is a hoarder of coins. Investing 0.01 Bitcoin in the future will be as enjoyable as investing 10,000 Satoshi now. 7. Institutional buying of Bitcoin is not a good thing for Bitcoin. It is a good thing for institutions that Bitcoin is bought by institutions. 8. I don’t think the U.S. dollar will become a rival to Bitcoin. The goal of surpassing the U.S. dollar seems too small for Bitcoin. 9. In the future, you will find that you don’t care about the quality of life at all. Holding Bitcoin in your hand is the highest quality of life.#Inthis market correction, which potential currencies are you planning to deploy? #BTC $BTC
The dealer will definitely go long on the contract before pulling the market. After the market is pulled, the long contract will make a profit, because the dealer will definitely know how high it can rise. When the market is smashed, the long orders will be closed and the short orders will be opened. When the market is smashed, the short orders will be profitable. In this way, you can earn double profits from spot and contract. #Inthis market correction, which potential currencies are you planning to deploy? #
Following this development, Bitcoin reversed losses and was trading at $45,026 in New York, up 1.7%. For spot Bitcoin ETF trading, 2 technical requirements must be completed. First, changes need to be made to the requested Form 19b-4. Some of the updated filings, including for ETFs from BlackRock Inc., Grayscale Investments and others, were released Friday night. Second, the Securities and Exchange Commission must approve Form S-1. If approved at the same time, the ETF can begin trading on the next business day. According to Bloomberg News, the Securities and Exchange Commission is expected to vote on the 19b-4 filing in the coming days. SEC representative on the issue#GatePost Highlights# $BTC
Overview of February’s Cryptocurrency Activity As February approaches, the cryptocurrency space is set to usher in a slew of exciting events. Here’s an overview of February’s major cryptocurrency activity, in date order: Ape Chain Proposal ($APE): On February 2, the Ape Chain community will propose an important proposal that may have a profound impact on the entire ecology. Nakamoto Proposal ($STX): On the same day, the community of the STX token will hold a key decision-making vote. 100M Unlocking (SUI): On February 3, part of the supply of SUI tokens will be unlocked, and the market reaction is worthy of attention. stSOL support ends ($LDO): February 4th, this change may have an impact on the SOL ecosystem. People's Bank of China RRR Cut: On February 5, the People's Bank of China may adjust its deposit reserve ratio, which will have an impact on financial markets. Adding new LSTs (Eigenlayer): On the same day, Eigenlayer will add three new LSTs, which has positive significance for the ecology. Etrog Upgrade ($MATIC): On February 6th, the MATIC token will undergo an important upgrade.
Mainnet Upgrade ($ZEN): On February 7, the ZEN token’s mainnet will undergo a major update. Merger Proposal (KLAYFNSA): On February 8, the merger proposal of the Klaytn network and the FNSA ecosystem will be voted on. Token Swap ($AHA): On the same day, the AHA token will undergo a token swap event. BTC spot ETF approval decision (Hong Kong): On February 9, the Hong Kong Stock Exchange will make a decision on the BTC spot ETF. 210M Unlocked (APT): On February 12th, a portion of the supply of APT tokens will be unlocked. CPI data release (US): On February 13, key inflation data will be released, affecting market sentiment. Bithumb delisting decision ($SSX): On February 14, a decision will be made on whether the SSX token will be delisted by the Bithumb exchange. Do Kwon Detention Ended: On February 15th, the Terra founder will be released, with implications for the market. Incentivized Testnet ($DUSK): On the same day, the DUSK token will launch an incentivized testnet. PPI Data Release (US): On February 16, the Producer Price Index will be released. Unlocking $51 Million ($MANTA): On February 18, a portion of the supply of MANTA tokens will be unlocked.
Protocol Upgrade Voting ($XLM ): On February 20, the Stellar protocol upgrade will be voted on. Nvidia Earnings Release ($NVDA): On the same day, NVIDIA’s earnings will be released, affecting its stock price. Greenfield Hard Fork ($BNB): On February 22, Binance’s Greenfield hard fork will take place. Changpeng Zhao Hearing: On February 23, a hearing involving Binance CEO will be held.
Impressive performance of Sats (SATS): against all odds! Despite the BRC-20 hype and Bitcoin (BTC) decline, SATS (1000SATS) is highly appreciated. BRC-20 hasn't been talked about for a while, and with SATS (1000SATS) going up, it reminded itself. Despite the loss of BRC-20 hype and the sharp decline in BTC as of last night, the rise in SATS has not gone unnoticed. While the entire altcoin market is down more than 5%, SATS’s 6.18% gain serves as a lesson to the rest of the BRC-20. Additionally, the popular BRC-20 standard ranks high on the “Top Rising” list. No trace of the old power of the BRC-20! First, the incredible rise of BRC-20 leader Ordi (ORDI) started the trend in this space. Later, the emergence of SATS, Multibit (MUBI) and Trac (TRAC) captured the altcoin market. Aware of this situation, popular cryptocurrency exchanges started listing many projects that fall under the BRC-20 standard. The back-to-back listing news is the biggest factor in the explosion of BRC-20. Later, the emergence of various trends and the launch of new projects almost destroyed the BRC-20. Cryptocurrency investors have started to stay away from BRC-20 as they see new altcoins rising. BRC-20 has suffered huge losses not only in terms of price but also in terms of fundamental analysis and seems to continue to remind itself with weak gains from time to time. #NewYear2024# #ContentStar# #BountyCreator# #HotTopicDiscussion# #GateioBountyCreator# #ContentStar##Gatepost Highlights# #Thanksgiving# #ChristmasWish# $1000SATS
#CollectXianglongTotem, publish New Year’s messages and win peripherals ##2024新年Message# What goes away is the long years; what comes closer is the true feelings; what is heard is the greetings; what is left is the heart. Sincerely; what I send is beautiful blessings! As we enter February, let us make our deepest expectations: May the mountains and rivers be safe and the world be safe! May all the good things come as promised! Let us go forward hand in hand, and cherish the scenery while we go, to welcome the brightness of spring and enjoy the intoxicating beauty of spring!
Note: Millions of Dollars in Tokens Unlocked in February, Here Are Those Cryptocurrencies! Token unlocking is an often wondered situation in the crypto market. The unlocking of major coins has the potential to impact the crypto market. It is worth noting that projects such as Optimism (OP), Avalanche (AVAX), The Sandbox (SAND), Aptos (APT), and Sui (SUI) are the projects with the highest unlock rates. Typically, when a new crypto project is launched, the tokens are locked for a period of time. Owners also cannot trade during this period. However, once the tokens are unlocked, holders can now sell or transfer their tokens. Maximum Token Unlocking Process According to the compiled data, various crypto projects will unlock a total of approximately $982.78 million worth of tokens. Among these projects, Avalanche has the highest number of token unlocks. The screenshot below from Token Unlock shows that on February 22, Avalanche will unlock 2.60% of its circulating supply. At current market prices, of the 9.54 million AVAX to be unlocked, the token is worth a whopping $344.17 million. Will the Aptos token lock cause its price to drop again? The screenshot below shows the number of tokens Aptos will open on February 11, 2024. The image shows that 24.84 million APT worth $229.54 million will unlock his tokens. The project previously unlocked the same number of tokens on January 12, 2024 and December 12, 2023. During the previous unlocking process, the screenshot below shows the price of the APT token falling by 17.94% and 14.10% respectively. Is it possible that the token price correction following the unlocking process will be repeated on February 11, 2024? $95 million sandbox to go into circulation The sandbox unlocks tokens twice a year, in February and August. The project plans to hold its first opening in 2024 on February 14, 2024. The screenshot below shows that the project plans to unlock 205.59 million SAND, with the token accounting for 9.19% of the circulating supply. At current market prices, the tokens are worth $95.47 million. Multi-million dollar optimism and Sui will be unleashed on the market
#What potential tokens are you preparing to buy for the market bounce?# Solana is touting the emergence of a new meme coin in its ecosystem called WEN. This digital asset has generated significant interest in the community after being distributed to over one million wallets. Taking advantage of the WEN cryptocurrency craze, one savvy trader managed to amass around $1.6 million in profits in just 14 hours. Solana Trader wins big Blockchain company LookOnChain revealed that the trader initially purchased 20 billion WEN tokens for $125,500 at the time of publication. The trader then strategically sold 12.5 billion WEN for $807,000, making a handsome profit of $682,000. #NewYear2024# #ContentStar# #Bitcoin# #BountyCreator# #HotTopicDiscussion# #GateioBountyCreator# #GateLive# #Gateio10anniversary# $SOL $MEME $WEN $NUM
China’s Ethereum skips fall: In race for leadership! Neo (NEO), known as China’s Ethereum, ended its silence and made a sharp move higher. Neo (NEO), known as China’s Ethereum, ended its silence and made a sharp move higher. Neo (NEO) is one of the stars of the 2021 bull market and has been in the background for some time despite the market's rise. Forgotten due to the prominence of new projects and the emergence of new trends, NEO reminds itself with its latest move. The coin is up 7.34% as Bitcoin (BTC) retreats to $43,000, ranking second on the “Top Riders” list. Sellers are starting to show their influence! NEO, which surged from $10.80 to $12.50 in a short period of time, could not withstand the selling pressure and fell back to lower levels. NEO is trading at $11.71 and if volume breaks $12 and remains above that level, it could rise to $12.90 to $13.76 and $14.90 respectively. In this process, news from within the ecosystem will play a key role. With tensions rising as the Fed rate decision approaches, factors such as increased BTC dominance or NEO prices sustaining below $12 will strengthen the hands of sellers. In this case, the first reaction from $10.75 can be expected. If the decline continues, a drop to $9.68 and $8.67 is possible. Additionally, a daily close below $8.67 would signal a fresh bearish course. #Neo. # #Ceek. #work. . #Lndx. #Original. Trace. # Gate Post Highlights # # ContentStar # # HotTopicDiscussion # $NEO $BTC
Kaspa has many features similar to Bitcoin coins and blockchains, and it is starting to attract attention as the price of its native token rises. As popular analyst Simo Gattok noted, a “crossover” on the two-day KAS/BTC chart reflected the market’s dynamics, triggering the rally. #Bitcoin# #HotTopicDiscussion# #kas