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About Conflux$CFX
The TreeGraph Blockchain Research Institute was founded with the support of the Shanghai Municipal Government, based on the research and development of the Conflux blockchain underlying system public chain. It was founded by Dr. Long Fan, a professor at the University of Toronto, and the only Chinese Turing Award winner, the famous computer scientist Academician Yao Qizhi, serves as the chief scientist
Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies across borders and protocols. It uses a hybrid PoW/PoS consensus mechanism to ensure a fast, secure and scalable blockchain environment. With Conflux, congestion can be eliminated, fees can be kept low and network security can be enhanced.
As China's leading regulatory-compliant public blockchain
Conflux offers unique advantages for projects seeking to enter the Asian market. The platform works with well-known global brands and government agencies in the region to promote blockchain and metaverse initiatives. Notable partners include the city of Shanghai, China Telecom, Xiaohongshu (China’s “Instagram”), McDonald’s China, and Oreo, among others
#美联储何时降息？ #CFX.智能策略库 #美国8月非农就业人数不及预期
The TreeGraph Blockchain Research Institute was founded with the support of the Shanghai Municipal Government, based on the research and development of the Conflux blockchain underlying system public chain. It was founded by Dr. Long Fan, a professor at the University of Toronto, and the only Chinese Turing Award winner, the famous computer scientist Academician Yao Qizhi, serves as the chief scientist
Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies across borders and protocols. It uses a hybrid PoW/PoS consensus mechanism to ensure a fast, secure and scalable blockchain environment. With Conflux, congestion can be eliminated, fees can be kept low and network security can be enhanced.
As China's leading regulatory-compliant public blockchain
Conflux offers unique advantages for projects seeking to enter the Asian market. The platform works with well-known global brands and government agencies in the region to promote blockchain and metaverse initiatives. Notable partners include the city of Shanghai, China Telecom, Xiaohongshu (China’s “Instagram”), McDonald’s China, and Oreo, among others
#美联储何时降息？ #CFX.智能策略库 #美国8月非农就业人数不及预期
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Alibaba Cloud and Conflux announced a partnership to provide localized Web3.0 industry solutions for Hong Kong companies, focusing on supporting industries such as retail, tourism, entertainment, art, and education.
Combining Conflux's rich and successful experience in mainland China, with Alibaba Cloud's extensive customer resources and policy advantages, we will jointly build Hong Kong's Web3.0 ecosystem. As a leader in the blockchain field, Conflux is committed to providing high-performance, scalable and secure infrastructure for decentralized applications (DApps). With the innovative Tree-Graph consensus mechanism, Conflux is able to achieve high transaction throughput and low latency while ensuring security and decentralization.
Conflux is a member of the Cyberport Incubation Program. As the base camp of Hong Kong's Web3.0, Cyberport is committed to building a thriving third-generation Internet ecosystem.
#CFX是不是已经准备好了？ $CFX $BNB $BTC
Combining Conflux's rich and successful experience in mainland China, with Alibaba Cloud's extensive customer resources and policy advantages, we will jointly build Hong Kong's Web3.0 ecosystem. As a leader in the blockchain field, Conflux is committed to providing high-performance, scalable and secure infrastructure for decentralized applications (DApps). With the innovative Tree-Graph consensus mechanism, Conflux is able to achieve high transaction throughput and low latency while ensuring security and decentralization.
Conflux is a member of the Cyberport Incubation Program. As the base camp of Hong Kong's Web3.0, Cyberport is committed to building a thriving third-generation Internet ecosystem.
#CFX是不是已经准备好了？ $CFX $BNB $BTC
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Some data situation of the Conflux chain this week
This week's total staking storage fee increased by approximately 1281 cfx.
The number of CRC-721 NFT and CRC-1155 NFT on Conflux Core has steadily increased in recent weeks, with a growth rate higher than in previous weeks.
The growth rate of ERC-721 NFT and ERC-1155 NFT on Conflux eSpace this week has not changed significantly.
This week, the staking amount in the PoS mining pool increased by approximately 5.64 million.
The lending platform Goledo on Conflux eSpace has not yet resumed operations.
The minting volume of xCFX on the liquidity staking platform Nucleon on Conflux eSpace has slightly increased.
The liquidity data changes for the decentralized exchange Swappi on Conflux eSpace are relatively small, with trading volume data pulling back.
The number of CRC-721 NFT and CRC-1155 NFT on Conflux Core has steadily increased in recent weeks, with a growth rate higher than in previous weeks.
The growth rate of ERC-721 NFT and ERC-1155 NFT on Conflux eSpace this week has not changed significantly.
This week, the staking amount in the PoS mining pool increased by approximately 5.64 million.
The lending platform Goledo on Conflux eSpace has not yet resumed operations.
The minting volume of xCFX on the liquidity staking platform Nucleon on Conflux eSpace has slightly increased.
The liquidity data changes for the decentralized exchange Swappi on Conflux eSpace are relatively small, with trading volume data pulling back.
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Litecoin's hash rate continues to soar. Currently charging at 1.4 PH/S, the chart below shows the history over the past 13 years.
$LTC runs 1,400,000,00,00,000 hashes per second
$LTC
#LTC📈 #美国大选如何影响加密产业？ #山寨币热点
$LTC runs 1,400,000,00,00,000 hashes per second
$LTC
#LTC📈 #美国大选如何影响加密产业？ #山寨币热点
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Some data of Conflux chain this week
Total staking storage fees increased by approximately 625cfx this week.
The number of CRC-721 NFTs and CRC-1155 NFTs on Conflux Core has been growing steadily in recent weeks.
The growth rate of ERC-721 NFT and ERC-1155 NFT on Conflux eSpace has not changed much this week.
The staked amount in the PoS mining pool increased by approximately 3.94 million this week.
Goledo, the lending platform on Conflux eSpace, has not yet resumed operations.
The xCFX minting volume of Nucleon, the liquidity staking platform on Conflux eSpace, has increased slightly.
The liquidity data and transaction volume data of Swappi, the decentralized exchange on Conflux eSpace, are pulled back.
The total TVL of XUNION, the decentralized exchange on Conflux eSpace, reached US$336,000 in its first week of launch.
The number of CRC-721 NFTs and CRC-1155 NFTs on Conflux Core has been growing steadily in recent weeks.
The growth rate of ERC-721 NFT and ERC-1155 NFT on Conflux eSpace has not changed much this week.
The staked amount in the PoS mining pool increased by approximately 3.94 million this week.
Goledo, the lending platform on Conflux eSpace, has not yet resumed operations.
The xCFX minting volume of Nucleon, the liquidity staking platform on Conflux eSpace, has increased slightly.
The liquidity data and transaction volume data of Swappi, the decentralized exchange on Conflux eSpace, are pulled back.
The total TVL of XUNION, the decentralized exchange on Conflux eSpace, reached US$336,000 in its first week of launch.
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Some data of Conflux chain this week
The total staking storage fees increased by approximately 803cfx this week.
The number of CRC-721 NFTs and CRC-1155 NFTs on Conflux Core has been growing steadily, with the increase being higher than last week.
The growth rate of ERC-721 NFT and ERC-1155 NFT on Conflux eSpace has not changed much this week.
The stake in the PoS mining pool increased by approximately 4.12 million this week.
Goledo, the lending platform on Conflux eSpace, has not yet resumed operations.
The xCFX minting volume of Nucleon, the liquidity staking platform on Conflux eSpace, has dropped slightly.
The liquidity data of Swappi, a decentralized exchange on Conflux eSpace, has not changed much, while the trading volume data has rebounded sharply.
The number of CRC-721 NFTs and CRC-1155 NFTs on Conflux Core has been growing steadily, with the increase being higher than last week.
The growth rate of ERC-721 NFT and ERC-1155 NFT on Conflux eSpace has not changed much this week.
The stake in the PoS mining pool increased by approximately 4.12 million this week.
Goledo, the lending platform on Conflux eSpace, has not yet resumed operations.
The xCFX minting volume of Nucleon, the liquidity staking platform on Conflux eSpace, has dropped slightly.
The liquidity data of Swappi, a decentralized exchange on Conflux eSpace, has not changed much, while the trading volume data has rebounded sharply.
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Bhutan surpasses El Salvador to become the third largest holder of Bitcoin
On September 20, the on-chain analysis platform revealed that Bhutan has become a major holder of Bitcoin, surpassing El Salvador's holdings in cryptocurrencies, according to data from Arkham Intelligence. Bhutan holds 13,029 Bitcoins, worth approximately $758 million.
This makes Bhutan the largest Bitcoin holder in South Asia, surpassing El Salvador, which holds 5,875 Bitcoins worth $331 million.
These Bitcoin holdings are related to Druk Holdings and Investments (DHI), an investment institution of the Kingdom of Bhutan, which uses the country's abundant hydropower resources for Bitcoin mining. Arkham Intelligence confirmed the mining activities at the site of the former Education City project in Bhutan by combining on-chain data and satellite imagery.
In addition to Bitcoin, Druk Holdings also holds 656 Ethereum, worth approximately $1.5 million, in addition to a small amount of BNB and Polygon, further diversifying its cryptocurrency portfolio.
The specific data of Bitcoin holdings of various governments are as follows: US$12.16 billion in the United States, US$3.67 billion in the United Kingdom, US$782.46 million in Bhutan, and US$351.75 million in El Salvador. It is worth noting that Germany has dropped from US$3.56 billion to zero.
$BTC $BNB $CFX
#加密市场反弹 #美国大选如何影响加密产业？ #BTC☀
On September 20, the on-chain analysis platform revealed that Bhutan has become a major holder of Bitcoin, surpassing El Salvador's holdings in cryptocurrencies, according to data from Arkham Intelligence. Bhutan holds 13,029 Bitcoins, worth approximately $758 million.
This makes Bhutan the largest Bitcoin holder in South Asia, surpassing El Salvador, which holds 5,875 Bitcoins worth $331 million.
These Bitcoin holdings are related to Druk Holdings and Investments (DHI), an investment institution of the Kingdom of Bhutan, which uses the country's abundant hydropower resources for Bitcoin mining. Arkham Intelligence confirmed the mining activities at the site of the former Education City project in Bhutan by combining on-chain data and satellite imagery.
In addition to Bitcoin, Druk Holdings also holds 656 Ethereum, worth approximately $1.5 million, in addition to a small amount of BNB and Polygon, further diversifying its cryptocurrency portfolio.
The specific data of Bitcoin holdings of various governments are as follows: US$12.16 billion in the United States, US$3.67 billion in the United Kingdom, US$782.46 million in Bhutan, and US$351.75 million in El Salvador. It is worth noting that Germany has dropped from US$3.56 billion to zero.
$BTC $BNB $CFX
#加密市场反弹 #美国大选如何影响加密产业？ #BTC☀
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Germany's cryptocurrency trading service is connected to 700 German banks! 47 cryptocurrency exchanges are seized!
Against the backdrop of global cryptocurrency markets experiencing volatility, Germany has recently taken a series of major measures to strengthen regulation and services for the cryptocurrency industry. These measures not only reflect the German government’s high attention to the cryptocurrency market, but also mark the gradual opening of its financial system to digital assets.
On September 19, 2024, the Frankfurt General Prosecutor's Office announced that the German Central Office for Combating Cybercrime (ZIT) and the Federal Criminal Police Office (BKA) jointly seized 47 cryptocurrency exchanges. These exchanges were accused of deliberately condoning cyber criminals to engage in illegal activities such as the "underground economy", concealing the source of criminal proceeds on a large scale, and engaging in money laundering and criminal activities.
On September 19, 2024, the Frankfurt General Prosecutor's Office announced that the German Central Office for Combating Cybercrime (ZIT) and the Federal Criminal Police Office (BKA) jointly seized 47 cryptocurrency exchanges. These exchanges were accused of deliberately condoning cyber criminals to engage in illegal activities such as the "underground economy", concealing the source of criminal proceeds on a large scale, and engaging in money laundering and criminal activities.
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The financial war between China and the United States is quietly coming#FederalReserve rate cuts#RMBinternationalization #美国大选如何影响加密产业？ #美联储宣布降息50个基点 #加密市场反弹 #比特币走势分析
$BTC $BNB $CFX
$BTC $BNB $CFX
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Historic moment! Trump completes first Bitcoin payment
Today, September 19, history was made when Donald Trump became the first US President to be paid with Bitcoin.
The former president stopped by PubKey, a Bitcoin-themed bar in the heart of New York City’s Greenwich Village, to grab some cheeseburgers (it was National Cheeseburger Day) while the bar was packed with Bitcoin enthusiasts welcoming him.
“I think it’s a great place,” Trump said of PubKey in an interview with Bitcoin Magazine, urging Bitcoin enthusiasts who frequent the bar to vote this November.
The former president stopped by PubKey, a Bitcoin-themed bar in the heart of New York City’s Greenwich Village, to grab some cheeseburgers (it was National Cheeseburger Day) while the bar was packed with Bitcoin enthusiasts welcoming him.
“I think it’s a great place,” Trump said of PubKey in an interview with Bitcoin Magazine, urging Bitcoin enthusiasts who frequent the bar to vote this November.
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On September 18, BlackRock released the report "Bitcoin: A Unique Diversifier", which stated that Bitcoin is clearly a "risky" asset in isolation due to its high volatility. However, most of the risks and potential return drivers facing Bitcoin are fundamentally different from traditional "risky" assets, which makes it unsuitable for most traditional financial frameworks - including the "risk-on" and "risk-off" frameworks adopted by some macro commentators.
The nature of Bitcoin as a scarce, non-sovereign, decentralized global asset leads some investors to view it as a safe option to turn to during periods of fear and certain geopolitical disruptive events. In the long run, Bitcoin's adoption trajectory is driven by strong concerns about global monetary stability, geopolitical stability, U.S. fiscal sustainability, and U.S. political stability. This is contrary to the relationship that is often attributed to traditional "risk assets" with such forces.
Bitcoin's long-term performance shows low correlation with stocks and bonds, which makes it attractive for diversification. Although in the short term, Bitcoin's price movements occasionally move in sync with traditional risk assets, these are considered temporary phenomena. The report's conclusions once again emphasize that Bitcoin's unique characteristics may make it a hedge against risks that traditional assets cannot cope with, especially in the face of increased geopolitical and economic uncertainty.
$BTC $ETH $BNB
#比特币走势分析 #美国大选如何影响加密产业？ #美联储利率决议公布在即 #加密市场反弹
The nature of Bitcoin as a scarce, non-sovereign, decentralized global asset leads some investors to view it as a safe option to turn to during periods of fear and certain geopolitical disruptive events. In the long run, Bitcoin's adoption trajectory is driven by strong concerns about global monetary stability, geopolitical stability, U.S. fiscal sustainability, and U.S. political stability. This is contrary to the relationship that is often attributed to traditional "risk assets" with such forces.
Bitcoin's long-term performance shows low correlation with stocks and bonds, which makes it attractive for diversification. Although in the short term, Bitcoin's price movements occasionally move in sync with traditional risk assets, these are considered temporary phenomena. The report's conclusions once again emphasize that Bitcoin's unique characteristics may make it a hedge against risks that traditional assets cannot cope with, especially in the face of increased geopolitical and economic uncertainty.
$BTC $ETH $BNB
#比特币走势分析 #美国大选如何影响加密产业？ #美联储利率决议公布在即 #加密市场反弹
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Trump used the RMB as an excuse to reap the Federal Reserve at lightning speed, and Japan and Israel followed suit
On September 17, just as people were waiting for the Federal Reserve to resume interest rate cuts on September 18 and use the dollar's status as a reserve currency to establish a new round of monetary harvesting cycle, the latest news about countering the Federal Reserve's monetary system came out in the United States.
According to reports, Trump and his son released new details about their new cryptocurrency platform World Liberty Financial on the evening of September 16, which happened more than a dozen hours after Trump's second assassination attempt. It also marks Trump's latest embrace of digital currency after years of skepticism about cryptocurrencies. Trump is also creating a gimmick of reverse harvesting the Federal Reserve at lightning speed.
According to reports, Trump and his son released new details about their new cryptocurrency platform World Liberty Financial on the evening of September 16, which happened more than a dozen hours after Trump's second assassination attempt. It also marks Trump's latest embrace of digital currency after years of skepticism about cryptocurrencies. Trump is also creating a gimmick of reverse harvesting the Federal Reserve at lightning speed.
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Trump was assassinated again, the United States may suspend debt repayment
#美国大选如何影响加密产业？ #加密市场急跌
On September 15, local time in the United States, shortly after the first televised campaign debate between Trump and Harris ended, Trump was assassinated again while playing golf in Florida. He survived the second time. This was his second assassination attempt in two months.
After the assassination, Trump immediately told his supporters: "Nothing can slow me down, I will never surrender!" In a statement, the White House stated insincerely that Biden and Harris had learned of the incident and were relieved to learn that he was safe.
On September 15, local time in the United States, shortly after the first televised campaign debate between Trump and Harris ended, Trump was assassinated again while playing golf in Florida. He survived the second time. This was his second assassination attempt in two months.
After the assassination, Trump immediately told his supporters: "Nothing can slow me down, I will never surrender!" In a statement, the White House stated insincerely that Biden and Harris had learned of the incident and were relieved to learn that he was safe.
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Some data of Conflux chain this week
Total staking storage fees increased by approximately 296cfx this week.
The number of CRC-721 NFT and CRC-1155 NFT has not changed much.
The growth rates of ERC-721 NFT and ERC-1155 NFT did not change much this week.
This week, the staked amount in the PoS mining pool increased significantly by around 11.3 million.
Goledo, a lending platform on Conflux eSpace, has compensated the remaining large holders. The platform has not yet resumed operations.
The xCFX minting volume of Nucleon, the liquidity staking platform on Conflux eSpace, has not changed much.
The liquidity data and transaction volume data of Swappi, a decentralized exchange on Conflux eSpace, have shown a pullback.
#CFX. #加密市场急跌 #CFX.智能策略库
The number of CRC-721 NFT and CRC-1155 NFT has not changed much.
The growth rates of ERC-721 NFT and ERC-1155 NFT did not change much this week.
This week, the staked amount in the PoS mining pool increased significantly by around 11.3 million.
Goledo, a lending platform on Conflux eSpace, has compensated the remaining large holders. The platform has not yet resumed operations.
The xCFX minting volume of Nucleon, the liquidity staking platform on Conflux eSpace, has not changed much.
The liquidity data and transaction volume data of Swappi, a decentralized exchange on Conflux eSpace, have shown a pullback.
#CFX. #加密市场急跌 #CFX.智能策略库
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The country will formulate rules for cross-border payments of cryptocurrencies by the end of November
According to reports, Anatoly Aksakov, chairman of the Russian State Duma Financial Markets Committee, said that the Russian Central Bank and the Ministry of Finance are developing regulations to formulate rules for cross-border payments of cryptocurrencies. The government aims to complete these regulations by the end of November. The Russian government will first test the cryptocurrency payment mechanism under the experimental legal system (EPR), meaning that only selected participants such as credit institutions and banks can participate in the process, which aims to minimize risks and help formulate regulations to protect the market from fraud. Aksakov revealed that companies are already using cryptocurrencies for import and export payments, with transactions estimated at billions of dollars, emphasizing that it is necessary to limit the number of financial institutions involved in these transactions in the initial stage in order to better understand the market and formulate effective regulatory provisions.
$BTC $ETH $BNB #比特币走势分析 #俄罗斯加密货币法案 #以太坊ETF批准预期 #
According to reports, Anatoly Aksakov, chairman of the Russian State Duma Financial Markets Committee, said that the Russian Central Bank and the Ministry of Finance are developing regulations to formulate rules for cross-border payments of cryptocurrencies. The government aims to complete these regulations by the end of November. The Russian government will first test the cryptocurrency payment mechanism under the experimental legal system (EPR), meaning that only selected participants such as credit institutions and banks can participate in the process, which aims to minimize risks and help formulate regulations to protect the market from fraud. Aksakov revealed that companies are already using cryptocurrencies for import and export payments, with transactions estimated at billions of dollars, emphasizing that it is necessary to limit the number of financial institutions involved in these transactions in the initial stage in order to better understand the market and formulate effective regulatory provisions.
$BTC $ETH $BNB #比特币走势分析 #俄罗斯加密货币法案 #以太坊ETF批准预期 #
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The US SEC will "generate" $4.7 billion in revenue in 2024. Will the cryptocurrency industry become a "cash machine"?
Recently, an industry report on the U.S. SEC’s enforcement fines in the crypto industry has attracted a lot of attention. It mentioned that the U.S. SEC’s cryptocurrency enforcement fines in 2024 will reach 4.7 billion U.S. dollars. It is worth mentioning that this figure was only 150.3 million U.S. dollars in fiscal year 2023, an increase of more than 30 times year-on-year.
Today, after the Bitcoin spot ETF and Ethereum spot ETF were approved, as the dividing line between the traditional financial industry and the cryptocurrency industry becomes increasingly blurred, the influence of the US SEC on the cryptocurrency industry continues to increase. Odaily Planet Daily will use this report to briefly analyze the hidden information behind the US SEC's enforcement fines for reference by industry professionals.
Today, after the Bitcoin spot ETF and Ethereum spot ETF were approved, as the dividing line between the traditional financial industry and the cryptocurrency industry becomes increasingly blurred, the influence of the US SEC on the cryptocurrency industry continues to increase. Odaily Planet Daily will use this report to briefly analyze the hidden information behind the US SEC's enforcement fines for reference by industry professionals.
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Historic breakthrough! The UK includes Bitcoin in personal property
$BTC $ETH $BNB
The Digital Assets and Other Property Bill introduced by the UK Parliament on September 11 marks a major shift in property law in England and Wales.
Under this bill, Bitcoin and other digital assets are considered personal property for the first time. The passage of the bill will provide greater legal protection for digital assets such as cryptocurrencies, non-fungible tokens (NFTs) such as digital art, and carbon credits.
Previously, digital assets were not clearly defined within the scope of property law in England and Wales, which resulted in owners falling into a legal gray area when digital assets were infringed. The new bill will provide legal protection for digital asset owners and companies to prevent fraud and scams, while helping judges deal with complex cases involving digital assets, such as disputes in divorce property division.
Attorney General Heidi Alexander said:
“Our world-leading legal services sector is a vital part of the economy, driving growth and keeping the UK at the heart of the international legal industry. Ensuring the law keeps pace with technological developments is vital. This legislation will help the legal industry continue to lead the world in crypto assets, while bringing clarity to complex property cases.”
The passage of this legislation also means the UK legal industry will be better prepared to respond to emerging technologies, attracting more business and investment. The UK legal services sector contributes £34 billion to the economy every year.
It is estimated that English law governs £250 billion worth of mergers and acquisitions worldwide and accounts for 40% of corporate arbitration cases worldwide. Therefore, ensuring the law keeps up to date is vital to keeping the UK at the forefront of the choice of law internationally
#英国 #BTC☀ #NFT和收藏品
$BTC $ETH $BNB
The Digital Assets and Other Property Bill introduced by the UK Parliament on September 11 marks a major shift in property law in England and Wales.
Under this bill, Bitcoin and other digital assets are considered personal property for the first time. The passage of the bill will provide greater legal protection for digital assets such as cryptocurrencies, non-fungible tokens (NFTs) such as digital art, and carbon credits.
Previously, digital assets were not clearly defined within the scope of property law in England and Wales, which resulted in owners falling into a legal gray area when digital assets were infringed. The new bill will provide legal protection for digital asset owners and companies to prevent fraud and scams, while helping judges deal with complex cases involving digital assets, such as disputes in divorce property division.
Attorney General Heidi Alexander said:
“Our world-leading legal services sector is a vital part of the economy, driving growth and keeping the UK at the heart of the international legal industry. Ensuring the law keeps pace with technological developments is vital. This legislation will help the legal industry continue to lead the world in crypto assets, while bringing clarity to complex property cases.”
The passage of this legislation also means the UK legal industry will be better prepared to respond to emerging technologies, attracting more business and investment. The UK legal services sector contributes £34 billion to the economy every year.
It is estimated that English law governs £250 billion worth of mergers and acquisitions worldwide and accounts for 40% of corporate arbitration cases worldwide. Therefore, ensuring the law keeps up to date is vital to keeping the UK at the forefront of the choice of law internationally
#英国 #BTC☀ #NFT和收藏品
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Musk holds nearly 19,800 bitcoins worth more than $1 billion
CoinGape reported earlier that Tesla and SpaceX, owned by Musk, known as the "father of Dogecoin", hold nearly 19,800 bitcoins in multiple wallets, worth more than $1 billion. Arkham Intelligence claims that the reserves are scattered across multiple wallets: Tesla holds about 11,500 bitcoins in 68 addresses, while SpaceX holds about 8,300 in 28 wallets. This shows that more and more companies are bullish on the crypto market leader. The company has not sold any bitcoins in the past two years. The last major transaction of 1,260 bitcoins to the cryptocurrency exchange Coinbase occurred on June 10, 2022.
In recent years, institutional demand has driven the growth of the asset, with its price soaring to more than $73,000 in the first quarter of 2024 before sliding to current levels. Musk's recent post on Twitter (now renamed X) for "Department of Government Efficiency" or "DOGE" has sparked market optimism about Dogecoin (DOGE). The price of Dogecoin has risen by 12% in the past few days, sparking speculation about whether Musk's positive news can push Dogecoin to $1.
According to reports, SpaceX and Tesla's Bitcoin holdings have remained unchanged for many years, indicating that they plan to continue holding these assets, which is an important factor in considering this round of Bitcoin's rise. Bernstein analysts predict that if former US President and Republican presidential candidate Trump wins this presidential election, Bitcoin will rise to $90,000
$BTC $DOGE $FLOKI
#BTC走势分析 #美国大选如何影响加密产业？ #马斯克概念
CoinGape reported earlier that Tesla and SpaceX, owned by Musk, known as the "father of Dogecoin", hold nearly 19,800 bitcoins in multiple wallets, worth more than $1 billion. Arkham Intelligence claims that the reserves are scattered across multiple wallets: Tesla holds about 11,500 bitcoins in 68 addresses, while SpaceX holds about 8,300 in 28 wallets. This shows that more and more companies are bullish on the crypto market leader. The company has not sold any bitcoins in the past two years. The last major transaction of 1,260 bitcoins to the cryptocurrency exchange Coinbase occurred on June 10, 2022.
In recent years, institutional demand has driven the growth of the asset, with its price soaring to more than $73,000 in the first quarter of 2024 before sliding to current levels. Musk's recent post on Twitter (now renamed X) for "Department of Government Efficiency" or "DOGE" has sparked market optimism about Dogecoin (DOGE). The price of Dogecoin has risen by 12% in the past few days, sparking speculation about whether Musk's positive news can push Dogecoin to $1.
According to reports, SpaceX and Tesla's Bitcoin holdings have remained unchanged for many years, indicating that they plan to continue holding these assets, which is an important factor in considering this round of Bitcoin's rise. Bernstein analysts predict that if former US President and Republican presidential candidate Trump wins this presidential election, Bitcoin will rise to $90,000
$BTC $DOGE $FLOKI
#BTC走势分析 #美国大选如何影响加密产业？ #马斯克概念