On the night of #btc 19 at around 3 AM, Federal Reserve Chairman Powell stated: (when asked about Bitcoin reserves) We are not allowed to hold Bitcoin, nor do we wish to change the law.
As soon as this news broke, $BTC nearly crashed to 100,000 US dollars within an hour, and other altcoins experienced widespread declines, with even $DOGE dropping by 10%. The major reason for this plunge is the friction regarding cryptocurrencies from several U.S. departments; a smaller factor may be that certain institutions have premeditated to short sell, using the news to drive the prices down for high profits.
Hopefully, Asian users can rally for a rebound. $BTC
$ACX $ORCA Everyone thought that there would be opportunities to make money when acx and orca were launched. Unexpectedly, these two projects cut leeks directly when they came out. Currently, only retail investors are protesting that the circulating data of acx is constantly changing. But they can't do anything about the project. I just don't know how the platform will deal with it later. Is the platform the same or is it set up by the project. Everyone can only wait for information.
This project contract was hacked, with unlimited issuance, and billions were withdrawn causing exchanges to crash, so all exchanges have now closed deposits and withdrawals.
$GFT the gft contract was stolen, it can be infinitely issued, a project controlled by hackers (we can call them that for now, because it was only a day after the official announcement that it was a hacking incident, once the newly issued coins were withdrawn to major exchanges and dumped) is causing infinite dumping, and exchanges have no choice but to suspend all deposits and withdrawals of gft, currently all exchanges are single coin.
At present, it is unclear whether it is dark capital taking over to speculate on the gft that will soon be delisted, or what other reasons have suddenly led to the explosive rise, some even joking that the delisting market is coming.
Here, we want to remind everyone to participate cautiously, and try not to lick the knife edge, as it is easy to incur huge losses.
The announcement was made yesterday. I bought a little on Pancake at the first opportunity, but I set the slippage too low several times and couldn't buy. In the end, I got in at 0.9, feeling like I can double my investment. $THETA
$ETH ETH has also launched a fun platform today, expecting it to bring some new growth points for ETH, but unexpectedly, the platform token meme: jumpfun, started to drop after a brief surge, contrasting sharply with the anticipated bustling scene. 1. The project team's own meme isn't pumping 2. The gas fees on Ethereum are just too expensive. Since Ethereum's transition from PoW to PoS, it hasn't solved the gas issue. Vitalik really can't date anymore, and let's not even talk about building a big ecosystem, just lower the gas fees. Small investors simply can't afford to play.
Sui Ecosystem has won a comprehensive outbreak today. $SUI $CETUS turbos navx and others have increased by dozens. There is still a high probability of further increase in the future. #sui链
This Tuesday, I analyzed for my friends in the community which coins will be listed on Binance contracts next. At that time, the conclusion was ray and rei. Rei has been listed on contracts today, and friends in the community who are long on gate have easily made a profit. Will ray be listed on contracts next?
The 2049 Singapore Blockchain Conference has ended. The direction of the blockchain enterprises in Singapore and the blockchain conference projects in Hong Kong have changed significantly. The market is mostly talking about SOL, ETH, and even SUI Chain; At that time, encrypted payment and AI and artificial intelligence were also the directions discussed by everyone. Few people talked about the BTC second-layer network. In the previous blockchain conference in Hong Kong, everyone talked about various BTC second layers enthusiastically.
ETH began to rise in the enchanting singing of V God. SUI's TVL is also constantly reaching new highs, and other tokens in the SUI ecosystem are also rising well. The sector rotation is also starting quickly, and the AI sector should start soon. $AI $AR
$TON Telegram founder has been released on bail, but is not allowed to leave France, which is good news. #ton #not of the ton system plus the ace game kombot on ton will be ready for airdrop and launch on September 26. The ton ecosystem will definitely be hot in this month.
$TON Telegram founder Durov was detained at a French airport, causing a sudden plunge in the prices of Ton and Not. It seems that France is going to make a lot of money from Ton founder Dueov. #ton #not
$REI Binance has been very busy these days. For example, #RARE suddenly went on the contract after rising for 1-2 days. Because it has already risen a lot, even if the contract funding rate is as high as -2%, everyone still chooses to short, and the price keeps rising. Today's sys seems to have everyone's epiphany, guessing which contract will be the next? Some friends in the community are also asking. Here, the editor thinks the most likely one is $REI , followed by $CTK and loka
At present, there are still large funds recharging ETH to various CEXs. The market is not stable yet. Those who have U can wait.
Personally, I think the big market may be after the US election, the end of the Russia-Ukraine conflict, and the end of the constant friction in other local areas. Only then can it be the beginning of a new market
$ZEN $MLN zen and mln have been removed from the watch list, which is a big plus. What other high-quality projects on the watch list will be removed from the watch label?
$WLD $ID #DYDX.智能策略库🏆🏆 This month, wld and id will have a relatively large unlocking. Pay attention to short-term risks in spot trading, and decide whether the contract can be shorted.
Dydx also has a large unlocking this month, but everyone has seen that dydx unlocks a lot every month, and has become numb to it, treating dydx as scum. However, although dydx has always unlocked a lot, after this unlocking, the unlocking will be much less starting from next month.
$OMG $WAVES $XEM OMG, WAVES, XEM, WNXM will be removed from Binance on June 17th, please pay attention to the risks;
Please pay attention to the risks of the coins in Binance's observation area, especially those that are involved in community, C, and X. You should stay away from them. Binance's risk control department will find them and remove them sooner or later.
So you must avoid these coins and don't hold them heavily to prevent black events.