Six major news that affect the trend of the cryptocurrency market, how many do you know?

Let's talk about the recent hot spots in the cryptocurrency market:

1. 15 billion BTC and ETH open contracts will expire this Friday!

BTC 9.5 billion US dollars (accounting for 40% of its total OI). According to the current market price, it is expected that 3.9 billion US dollars will expire within the price, and the maximum pain price (Max Pain) is 51,000 US dollars;

ETH 5.7 billion US dollars (accounting for 43% of its total OI). According to the current market price, it is expected that 2.6 billion US dollars will expire within the price, and the maximum pain price is 2,600 US dollars.

Basically, this wave is over! It can't make any waves because the price difference is too large!

2. SBF was sentenced to 25 years, but is still seeking an appeal!

FTX exchange has been closed for 500 days. Founder Sam Bankman-Fried (SBF) attended the sentencing hearing on the evening of the 28th. Many victims appeared in court and accused that FTX has always claimed to have paid full compensation to the victims, but this is not the case! He is a U-based compensation, not a currency-based compensation. He has talked about this many times before!

SBF said in court: "I destroyed everything my colleagues built, and they were disappointed. I am sorry for this, and I am sorry for what happened at every stage."

At the same time, he also admitted that it was his decision that led to the collapse of FTX and Alameda Research, and apologized for this; however, he emphasized that his decision was not out of selfishness, but a crisis caused by a series of wrong executions and other factors.

SBF's verdict represents the end of the FTT hype!

3. About SOL!

Chong Ge has talked about holding SOL many times! At that time, the price of SOL was about 200! Currently, Neptune Digital has purchased 26,964 SOL at a price of $64 per token, of which 20% of the tokens will be unlocked in March 2025, and the remaining tokens will be unlocked linearly every month until 2028.

The FTX bankruptcy reorganization team is actively raising funds to repay creditors, and FTX is seeking to sell its locked 41 million SOL (about $7.5 billion) at a low price

SOL has started to sell at a discount again. There are too many hidden mines in SOL. Once again, I remind everyone not to play SOL!!!

4. Binance's new coin mining launched the 50th project, using BNB and FDUSD to mine Ethena (ENA)

ENA will be launched on April 2, 2024 at 16:00 (Eastern Time Zone 8)

Token name: Ethena (ENA)

Maximum supply of tokens: 15,000,000,000 ENA

Initial circulation: 1,425,000,000 ENA (9.5% of the maximum supply of the token)

Total mining volume: 300,000,000 ENA (2% of the maximum supply of the token)

Brother Chong’s group has been laid out, and you can just go online and sell it when the time comes!

5. Several aspects that will affect the currency market trend in the later period!

Mining difficulty and his own rate of return after the Bitcoin halving!

The subsequent overall strategic layout of Bitcoin ETF

I won’t tell you yet!

6. Short-term hot spots in the currency circle

Hong Kong WEB3 Carnival, Hong Kong section, rune section (may lead to another wave of inscriptions), pay attention to the latest news in Singapore!

#Meme #新币挖矿 #SHIB #PDA #BTC