Here’s my take on the Ethereum ETF: Broadly speaking, the SEC has three options: Approval of an ETH ETF in May or August – straightforward, with the Grayscale ruling, futures ETF approval, correlation analysis and years of precedent being treated as a commodity. Larry Fink went on TV and said he wanted the $11 billion trapped in ETH to be fully redeemed. The SEC could then draw a hard line and say it would no longer approve ETFs for other cryptocurrencies because there is no precedent for futures ETF approval for other currencies. Note that if it's August instead of May, it's probably because they need more time to get everything ready, so they'll probably ask the first in line to withdraw and resubmit, and then try their best to meet the BlackRock deadline Finish.
💡 **What is $PAXG ?** In simple terms, it is a digital currency linked to gold, backed by real gold reserves. Each unit corresponds to 1 ounce of physical gold (the kind certified by the London Bullion Market Association). In other words, buying $PAXG is equivalent to buying gold, but it is more convenient than buying gold directly!
🔍 **Why is it worth paying attention to?**
1️⃣ **Anti-inflation tool** As everyone knows, the global economy is unstable and inflation pressures are high, while gold has always been the preferred choice for hedging. It allows you to have the hedging properties of gold in the cryptocurrency space.
2️⃣ **Strong liquidity, easy trading** Traditional gold requires finding a place to store it after purchase, and selling it can be a hassle, but $PAXG is completely digital, and can be traded on Binance at any time, with excellent liquidity!
3️⃣ **Low entry threshold, suitable for beginners** You don't need to buy a whole gold bar at once; you can acquire gold assets for just a few dozen dollars, making it suitable for newcomers with a limited budget.
4️⃣ **Transparent and reliable** Issued by Paxos, it is regulated, with publicly transparent gold reserves, making it much safer than those chaotic cryptocurrencies.
⚖️ **Is it worth buying?**
As an analyst, my advice is: - If you feel that the market is too volatile recently and want to find some stable assets for hedging, you can consider $PAXG . - If you have always wanted to invest in gold but find traditional gold cumbersome, then $PAXG is a good choice. - However, if you are pursuing high risk and high returns, it may not be suitable for you, as its price movement is linked to gold, and the volatility is relatively small.
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🚀 **Summary: The future trend of gold + blockchain**
Its emergence is actually a significant step towards the digitalization of gold. For those in the cryptocurrency space, this represents a new way of asset allocation, allowing you to enjoy the stability of gold while maintaining flexibility in the crypto market.
Currently, Binance has just launched, and both liquidity and trading depth are good, so while the excitement is high, you can try a small amount to diversify your investment risks!
#加密市场回调 Share freely, for reference only! I've been researching the potential opportunities and reward ratios of concepts and sectors like DeFi, Pay, RWA, and Rune under the leadership of the Americans from last month to this month. The Bitcoin correction is in place, and I plan to gradually enter the leading sectors. My COW is also stuck, but the position is small, so it’s not a big deal. I have already entered a batch of Runes; the Rune sector is still worth taking small risks for big rewards! Keep it up, crypto community! As long as there is faith in this circle, maintain a stable mindset, analyze calmly, and you can turn the tables—turning setbacks into opportunities! When drowning, first adjust your breathing to get to shore; struggling wildly will only lead to a quicker demise. During downtrends, it's a time for reflection and analysis of operations, as well as a calm assessment of market trends, adjusting capital flows, and reallocating assets. Keep going! I am with you all! My girlfriend showed this to you, cheer up!!!!!!
Trend line drawn about 1 month ago (can be seen in previous posts) can't say it's perfect, but it's enough to slap those who say I'm just fantasizing in the face! #加密市场回调
I am not the kind of person who stares at the market every day, nor am I a trader who operates frequently. I only do trend trading. The first step to becoming a mature trader is to learn to do less and observe more!
Post about the second large pancake issued after the high-level consolidation of $BTC . At that time, people mocked me for drawing the lines and said I was indulging in fantasies. Just tell me if it was accurate or not. Are certain people going to get slapped in the face? Only those who have experienced bull and bear markets understand the horror of a tail-end market. Those who should have left have already gone, and the inducement of a bullish fluctuation has attracted a large number of bag holders. The news is always one of the tools to manipulate people's hearts. Always remember to withdraw bravely from the torrent!!!! If you haven't left yet, wait for a rebound and be sure to retreat. Any pump is just a bait for you; profit kept in your pocket is real profit. If not, it’s just a string of numbers! #比特币价格走势分析
When advised to withdraw, no one listens. Don't believe me? What’s the result? Most people prefer to live in the information cocoon arranged by the media, numbing themselves, self-hypnotizing, trying to find reasons for the appreciation of their assets. It's laughable; when the tide goes out, you'll know who is swimming naked!
Post about the second large pancake issued after the high-level consolidation of $BTC . At that time, people mocked me for drawing the lines and said I was indulging in fantasies. Just tell me if it was accurate or not. Are certain people going to get slapped in the face? Only those who have experienced bull and bear markets understand the horror of a tail-end market. Those who should have left have already gone, and the inducement of a bullish fluctuation has attracted a large number of bag holders. The news is always one of the tools to manipulate people's hearts. Always remember to withdraw bravely from the torrent!!!! If you haven't left yet, wait for a rebound and be sure to retreat. Any pump is just a bait for you; profit kept in your pocket is real profit. If not, it’s just a string of numbers! #比特币价格走势分析
$OM Media public opinion clearly attracts retail investors, the last wave of rising, high position fluctuations to sell off, attracting retail investors to enter the market, preparing to increase short positions, ready to take profits.
$OM Media public opinion clearly attracts retail investors, the last wave of rising, high position fluctuations to sell off, attracting retail investors to enter the market, preparing to increase short positions, ready to take profits.