🚀 Is the spring of altcoins coming? The whales are taking action! 🚀

Hello everyone! I just got some market dynamics from KiYoungJu, the CEO of CryptoQuant. He posted on the X platform that the limit buy orders in the crypto market are increasing!

He said that in addition to the well-known Bitcoin and Ethereum, the limit buy orders of other altcoins are quietly increasing, which means that the buy wall is being established, and the whales seem to be preparing for the next wave of altcoins!

🦈 Imagine that the whales are quietly laying out underwater, waiting for the opportunity to jump up. Does this indicate that the spring of the altcoin market is coming? Or is this just a normal buying and selling phenomenon in the market!

🤔 I am very curious, what do you think of this view? Do you think this will be a turning point in the altcoin market? Or do you think this is just a normal round of position building in the market during this round of callback?

💬 Welcome to share your views loudly in the comment area, let us discuss when the altcoin season will start! Then, which altcoins do you think may become the next big hit?

#山寨币季 #巨鲸布局 #加密货币动态 #市场预测

🚀 The US government leads the list of Bitcoin holdings. Who else is in the top few?

Arkham recently released an interesting report, announcing the ranking of global government Bitcoin holdings. Are you interested in this ranking?

The United States is far ahead with $12.16 billion in holdings, firmly sitting in the first place. The United Kingdom is not to be outdone, following closely with $3.67 billion in holdings. Bhutan and El Salvador also appear on the list, holding $782.46 million and $351.75 million in Bitcoin, respectively.

It is worth noting that Germany's holdings fell from $3.56 billion to 0, which may be related to some large-scale asset sales in Germany in recent months.

🤔 Viewpoint:

This report not only shows the attitudes of various governments towards cryptocurrencies, but also reflects their expectations for the future of digital assets. Moreover, the leading position of the United States and the United Kingdom in Bitcoin holdings may also indicate that these countries are preparing for the widespread use of cryptocurrencies.

In addition to the countries on the list, are you also curious about the Bitcoin holdings of other countries, such as China, Japan, Canada, etc. Because the cryptocurrency policies and market dynamics of these countries also have an important impact on the global cryptocurrency market.

💬 What impact do you think the government's holding of Bitcoin has on the cryptocurrency market? In addition to the countries on the list, which other countries' Bitcoin holdings interest you?

#比特币持有量 #加密货币动态 #全球政府排行 #比特币

🚀The rise of small-cap stocks: Is the altcoin market turning a corner? 📈

🚀 Hello everyone! Today let’s talk about a big event that may be quietly brewing, the upcoming altcoin season! 🌐

📈 First, let’s turn our attention to the recent U.S. stock market. Have any of you noticed the performance of the Russell 2000 Index? Its recent performance compared to that of the S&P500 and Nasdaq, simply shines! 🌟

🔍First of all, let’s briefly understand the operating logic of the financial market: When the market has abundant funds and good liquidity, coupled with loose policies and an extremely low interest rate environment, it brings new opportunities to investors, and the stock prices of small-cap stocks rise accordingly. However, once the market tightens or central banks implement quantitative tightening (QT) and high interest rates occur, large-cap and blue-chip stocks become more popular because of the stable returns and lower risks they can provide.
​
📊 The Russell 2000 Index, an index of small-cap stocks composed of 2,000 small companies in the United States, has significantly outperformed large-cap and blue-chip stocks such as the S&P 500 and Nasdaq in the past two weeks. This is consistent with past quantitative tightening (QT) In a policy and high interest rate environment, both the S&P500 and Nasdaq outperformed the Russell 2000, forming a sharp contrast.
​
🔄 So, what does this have to do with the cryptocurrency market? In fact, the cryptocurrency market and the stock market have many similarities. For example, an interest rate hike that might be heralded by quantitative tightening (QT) would be good news for Bitcoin, while a rate cut that might be heralded by quantitative easing (QE) would be good for altcoins. 🤔

🌐 Now, the market seems to be shifting to a more favorable environment for altcoins. While altcoin season isn’t just around the corner, it could start anytime in the next few months. 🔥

💡 So, it’s time to get ready! But also maintain a balanced Bitcoin and altcoin portfolio so that no matter how the market moves, you can stay firmly on top of the wave. 🏄‍♂️

👀 Let’s wait and see if this altcoin season will indeed come as we expect. Stay tuned, stay alert, and let us seize every opportunity in this financial feast!

#山寨币季节 #加密货币动态 #美联储何时降息？

🌐 Vitalik Buterin pledges to donate all his L2 tokens to support Ethereum ecosystem

Recently, Ethereum co-founder Vitalik Buterin made a major promise, saying that he would donate all of his Layer 2 (L2) tokens to support public goods and charities in the Ethereum ecosystem.

The incident started when someone accused Vitalik of selling more than $2 million worth of Ether (ETH) for his own profit. But he quickly clarified that he had not sold any ETH to make money for himself since 2018. He explained that the money he got from selling ETH was used to support the Ethereum ecosystem or other charitable projects.

Meanwhile, in an update on September 5, Vitalik reiterated his position and promised that he would donate all of his L2 tokens, including those that have not yet been listed. He said that the money will be used to support public goods within the Ethereum ecosystem or broader charities, such as biomedical research and development. He also said that he does not plan to invest in L2 or other token projects in the foreseeable future.

On August 30, someone accused Vitalik on social media X of selling more than $2 million worth of ETH shortly after releasing positive news about the future of Ethereum. Tracking data also showed that Vitalik transferred 800 ETH worth about $2 million to a multi-signature wallet and later exchanged it for a US dollar stablecoin.

Vitalik previously said that the ETH he had came from the early pre-mining of Ethereum, when 11.9 million ETH was distributed to early contributors. As one of them, he received 700,000 ETH for his contribution to the creation of the network.

According to data from blockchain tracking agencies, he now has about 240,000 ETH, which is about 460,000 ETH less than the initial reserve. 240,000 ETH is worth about $550 million at the current market value.

💬 What do you think of Vitalik's promise and the previous accusations against him? Share your views in the comments section!

#VitalikButerin #以太坊 #慈善事业 #L2代币 #加密货币动态

[The German government's sale of Bitcoin is revealed] The speed of fiat currency depreciation from the perspective of the euro's depreciation

Dear cryptocurrency enthusiasts, hold on to your stools, something big is happening! 👀💥

Did everyone read yesterday's news? The German government did sell Bitcoin in the spot market, and today, they even transferred 3,100 Bitcoins to the exchange in just one hour! This is not a small amount, it is worth $178 million! 😲

To delve into the logic and meaning behind it, we need to learn some background knowledge. Let's take a look at the following chart, which records the changes in the purchasing power of the euro from 2000 to 2020, a full 20 years. 1 euro in 2000, by 2020, only had a purchasing power of 1.4 euros. To put it bluntly, the euro has depreciated by 40% in these 20 years! 📉

It was like this before the epidemic. Can you imagine how serious the depreciation of currency value will be after the epidemic, when central banks around the world are flooding the market with money? 🌊

Then, let's go back to the German government's selling of Bitcoin. In the context of currency depreciation, they chose to exchange Bitcoin for Euros. Is this logic... a bit confusing? 🧐

But we all know that Bitcoin is digital gold and a weapon against inflation. In the tide of currency depreciation, it stands to reason that holding Bitcoin is a wise move. But is there any inside story of the German government's operation that we don't know? 🤫

Is it fiscal pressure? Economic policy adjustment? Or other strategies that we can't guess? 🔑The specific reasons may only be known by people within the German government!

However, don't worry, although we are not insiders, we have patience and curiosity. I believe that time will give us the answer🕰️

Before that, all we can do is stay vigilant and continue to observe market dynamics. Perhaps the next market turning point is waiting for us not far away! 🔍

#德国政府 #比特币抛售 #欧元贬值 #加密货币动态 #市场观察

Musk changed his laser eyes: What he changed was not only his avatar, but also the heartbeat of the market?

Hey, fellow cryptocurrency users, have you noticed? 👀 While we were still excited about Musk's laser eye avatar, this "Iron Man" in the technology industry has quietly changed his avatar! 🔄

Just two days ago, his social media X was still shining with the pair of laser eyes that symbolized Bitcoin's rush to the peak of $100,000, but in a blink of an eye, they disappeared. What is this signal? Is the market going to change?

Some people speculate that when he put on laser eyes before, was he hinting that Bitcoin's spring is coming? And now, is he changing his avatar telling us that the market is going to make a big move?

🤔 At the same time, don't forget that the US government's Bitcoin liquidation and the recent Mt.Gox repayment incident have been a hot topic these days. Could these events be the reason behind Musk's change of avatar? 🤔

We have to know that the billionaire Musk's every move is not only a reflection of his personal mood, but also a potential indicator of the market trend.

But then again, we can't be too naive and think that every little move of the big guys is a market code. Maybe this is really just Musk's whim, or he wants to test the reaction of us little leeks?

In short, no matter what Musk is selling, the most important thing for us as investors is to stay calm and not be led by the market. After all, investment is not about following the trend, but about strategy and vision, right?

👇💬So, what do you think? Is Musk's change of avatar this time a signal from the market, or just a daily fun for him? See you in the comment section, let's chat together! #马斯克激光眼 #加密货币动态 #市场风向标

🔍 In August, the computing power of Bitcoin miners increased, but the miners’ income hit a new low! 🚨

Recently, there have been some noteworthy changes in the Bitcoin mining community. First, although the computing power of Bitcoin miners increased in August, the price of Bitcoin did not rise significantly, which caused the profits of miners to fall to record lows in the first half of August.

If this trend continues, those mining companies that mismanage their funds may be at risk of being eliminated. Some market analysts also believe that as less efficient miners gradually withdraw, it may pave the way for the next round of rise in Bitcoin prices.

In addition, it is worth noting that U.S. Bitcoin miners currently account for 26% of the global computing power, a proportion that has reached a record high in the U.S. Bitcoin mining industry. As the presidential campaign promotes Bitcoin-related issues, the US market is expected to become more friendly towards cryptocurrencies. Coupled with the increase in hash rate this month, it is predicted that the United States will account for 10% of global Bitcoin mining in the future. Share is also likely to continue to grow.

However, the decline in miner income may also bring some knock-on effects. For example, since the Bitcoin halving, the output of new coins has decreased. If the currency price continues to not rise, miners' profits will be greatly discounted, which makes miners with poor financial conditions face greater operating pressure. Although we have discussed the possibility of mining company closures before, we have not yet seen large-scale miners exit the market.

Therefore, the next few weeks will be very critical, and we will need to pay close attention to whether there are any news about the collapse of large mining companies because they cannot continue to operate. If this happens, the Bitcoin market may be at risk of one last major decline, which is a key factor that all investors need to pay attention to.

💬What are your views on the decline in Bitcoin miner income and the increase in US miner computing power? In the current market environment, do you think investors should buy aggressively or appropriately adjust their investment strategies? Share your views in the comment section!

#比特币矿工 #加密货币动态 #比特币价格 #投资策略

🚨 Analyst: Can Bitcoin hold up at several key support levels?

Bitcoin prices are stuck around $55,000, and $58,000 has become a hurdle it must cross. Analysts believe that if it fails to break through in the short term, we may see its price fall back to $48,000.

Market sentiment is now nervous, and everyone is watching inflation data and the Fed's movements. At the same time, the possibility of a rate cut in September makes the market more uncertain.

At the same time, the Fear and Greed Index fell to 22 for a short time, showing investors' concerns and may also indicate that prices will continue to fall. The last time the index fell to such a low level was during the FTX crash in November 2022.

Analysts are keeping a close eye on the key point of $58,000. If it can break through, Bitcoin may continue its bull run and even set new highs. But if it doesn't, we may see a deeper correction, and $48,000 will be the next key support level.

Analysts such as Micheal van de Poppe and Trader XO believe that if Bitcoin fails to stay above $58,000 in the short term, we could see it fall to $53,000 or even $48,000.

💡 So, the next few days will be critical for Bitcoin. Investors should keep a close eye on macroeconomic factors and whether Bitcoin can break through the $58,000 resistance level. If not, we may have to prepare for a longer period of downturn.

💬 Do you think Bitcoin can break through the $58,000 resistance level in the short term? If the price of Bitcoin falls, how do you plan to deal with it? Will the Fed's policy and inflation data affect your investment strategy? See you in the comments!

#比特币 #市场分析 #加密货币动态 #投资观察

🚀 Tesla's $778 million in Bitcoin was transferred to a mysterious wallet, and the market is speculating!

Tesla, the electric car giant led by Elon Musk, recently transferred 11,509 bitcoins worth $778 million to a new unknown wallet. This action was captured by blockchain analysis company Arkham Intelligence and immediately caused widespread speculation in the Bitcoin community.

The true intention behind Tesla's move is still unclear, but analysts have launched a heated discussion. Does this indicate that Tesla is ready to sell Bitcoin? Or are they preparing to buy more? Or may they re-enable the Bitcoin payment function to buy Tesla cars?

It is worth noting that this function was hinted in Tesla's software update last year, but these speculations have not yet been supported by solid evidence.

🗣️ The views of the big guys:

Ki Young Ju, CEO of on-chain analysis company CryptoQuant, said it is not clear whether Tesla is conducting an internal wallet reorganization or preparing for a sell-off.

He pointed out that even if Tesla sells Bitcoin, the impact will be limited, and Tesla's total profit has reached $816 million.

Similarly, on-chain analysis company Spot On Chain also said that the transferred BTC was likely transferred to a new wallet controlled by Tesla. They emphasized that these wallets had been idle for two years before, and this may be just a routine internal adjustment.

In addition, Elon Musk's previous remarks are also elusive. In December 2020, he called Bitcoin his "safe word", showing his personal love for this digital asset. But in March 2022, he also said that "Bitcoin is almost as ridiculous as fiat currency", implying skepticism about Bitcoin.

In short, some opinions speculate that Tesla may be selling its BTC holdings through over-the-counter transactions (OTC). But the questioning view is that Musk is a supporter of Trump and intends to build a strategic Bitcoin reserve, so the argument of selling these assets on the eve of the election does not seem reasonable.

💬What do you think? What do you think is the real purpose behind Tesla's move? Share your insights in the comment section and let's uncover this mystery together!

#特斯拉 #比特币之谜 #加密货币动态

Hello everyone, I'm A10JQK! Today we'll review the important developments on the evening of September 11 and see how to play these cards! ♠️♥️♣️♦️

♠️ The Fed is going to cut interest rates by 25 basis points? This is to give the market a shot in the arm! However, don't be too happy too early, we still have to see the actual actions.

♥️ The EU is going to introduce stablecoin standards? This is to draw a red line for the cryptocurrency market! It seems that the supervision is getting stricter and stricter.

♣️ Huma Finance received $38 million in investment, which is going to make a big splash in the RWA field! It seems that the integration of traditional finance and the crypto world is getting closer and closer.

♦️ BNB Chain is going to do BNB re-staking? This is to make BNB holders more involved! However, the specific play has to wait for the official announcement.

♠️ Atomic Wallet won the class action lawsuit, which is a lesson for other wallet projects! Security is really too important.

♥️ The US CPI is in line with expectations, but the US dollar index DXY has risen by 20 points. Is the market playing psychological warfare? It seems that many people are still optimistic about the US dollar!

♣️ Taylor Swift is going to vote for Harris and Waltz? This is to mix pop music and politics together! However, who knows what will happen in 2024?

Overall, the poker game this night was really lively:

1. In terms of macroeconomics, the Fed's movements are still the most concerned.

2. In the field of cryptocurrency, regulation and innovation go hand in hand, and opportunities and challenges coexist.

3. The boundaries between traditional finance and the crypto world are becoming more and more blurred.

Dear poker friends, what do you think of these dynamics? Which ones will have a significant impact on the market? Welcome to show your insights in the comment area! ♠️♥️♣️♦️ 28467886862#以太坊基金会 46919854114 99929092235 $BNB $SOL 65769045142 36600554423 19587739386 4543 5097076

🐋July whale hoarding season: Bitcoin market ushered in a $5.4 billion surge🚀

Everyone, pay attention! 💥 In July, the real whales of Bitcoin hoarded up to $5.4 billion in Bitcoin, with a staggering hoarding amount of more than 84,000 Bitcoins! This is not a small number. You know, these whales hold the remote control that may manipulate the market!

💰 So, what is a real whale? Simply put, it is a large holder who accounts for 0.1% of the total circulation of Bitcoin, that is, at least 21,000 Bitcoins.

💨 In July, the number of Bitcoin hoarded by whales was the largest since October 2014. According to data from IntoTheBlock and TradingView, the hoarding of more than 84,000 Bitcoins is simply unmatched by any month in the past decade!

📈 Imagine that in October 2014, Bitcoin was only over $300 per coin. At that time, the whales hoarded 80,000 coins, which is completely different from the current hoarding of 80,000 coins at over $60,000 per coin. What does this mean? It means that there are a large number of institutions and whales who may be preparing for the next quasi-market outbreak!

🚀 Looking back at the market trends in recent months, Bitcoin has been fluctuating between $50,000 and $70,000, and whales have begun to frantically absorb funds! As for whether this indicates that a large-scale market crash is about to begin, or a prophetic action for a new round of skyrocketing? It's up to you to judge!

🌟 If Bitcoin stops falling and rebounds this week, and in the next few weeks, Bitcoin breaks through the previous high of $74,000, will it soar to $80,000, $100,000, or even higher without resistance? Just think about it, it's too exciting!

⚠️ But don't worry, there are also views that before reaching a new high, Bitcoin may have another round of sharp correction. As for whether it will pull back to around $51,000 to $52,000, this is also a major event that deserves our continued attention.

🔍 What do you think? What do you think will be the next step for Bitcoin? Will it break through the sky directly, or will it squat first and then jump? See you in the comments section!

#比特币巨鲸 #加密货币动态 #比特币囤积潮

🚀 Data shows: Bitcoin big players are hoarding Bitcoin like crazy! 🚀

👀 Have you noticed? Just when small retail investors are rushing to sell because of the falling Bitcoin price, those big players with more than 100 BTC are quietly hoarding more Bitcoin. The latest data from Santiment shows that the number of wallets of these big players has just hit a 17-month high!

📈 In just the past month, more than 283 wallets have at least 100 Bitcoins. This means that there are now 16,120 such wallets, which is the highest record since March last year.

🐳 These big players, or "whales" as we often call them, have increased their holdings, probably because small retail investors are eager to sell their coins to them when the price falls. Analysts say that because the price of cryptocurrencies has disappointed small retail investors, the number of these "whales" is increasing.

🦈 Moreover, it's not just "whales", even "sharks" who own at least 10 Bitcoins are hoarding Bitcoin. In the past 30 days, these big players and sharks have hoarded a total of 133,000 Bitcoins, worth approximately $7.6 billion!

📉 Meanwhile, small retail investors are selling their Bitcoins due to price weakness. But interestingly, despite the active hoarding of Bitcoin by big players, the price of Bitcoin has not reacted much yet. The current price is around $59,000, down 8% in the past week.

🧐 Some people believe that big players hoarding Bitcoin may be a signal of a market bottom, showing that they are confident in long-term value. This behavior may indicate future price increases, especially in a market downturn. However, for investors, this may be a time to consider a long-term holding strategy, but decisions should be made based on personal risk tolerance and investment goals.

💬 So, do you think these big players will start to push up the price of Bitcoin after hoarding enough? Leave your thoughts in the comments section!

#比特币 #大户囤币 #加密货币动态 #市场趋势

🌪️ The FOMC meeting is coming, the extent of the interest rate cut is a mystery, and the Bitcoin market trend is a mystery!

The FOMC meeting is about to be held on Wednesday, and the market is generally expecting an interest rate cut. Currently, forecasts for the extent of interest rate cuts present a 50-50 split, that is, the likelihood of a 25 basis point interest rate cut is almost equal to that of a 50 basis point interest rate cut.

This change in expectations is mainly due to the strong labor data released last week, which has led more people to believe that the U.S. economy may need a larger interest rate cut, not just 25 basis points.

At the end of last week, the market expected that the probability of a 25 basis point interest rate cut was basically the same. However, a month ago, these two figures were 75% and 25% respectively.

But now, as market expectations change, the chances of a 50 basis point interest rate cut and a 25 basis point interest rate cut are 59% and 41% respectively, which also shows the general uncertainty in the market.

However, this raises a question, that is, for the cryptocurrency market, will the extent of interest rate cuts really have a significant impact on the price of Bitcoin?

🗣 Opinion:

Some analysts said that before the results of the FOMC meeting are announced, market uncertainty may cause the price of Bitcoin to fall first and then rise.

They believe that because investors are usually sensitive to such news and prefer clarity, the market may be inclined to fall before the decision to cut interest rates is announced.

However, once the FOMC announces an interest rate cut on Wednesday, the Bitcoin market is likely to see gains, as a clear decision will provide market participants with the clear signal they need, prompting them to take more directional actions.

This expectation also reflects investors' cautious attitude before major events.

💬 So, what do you think? How much do you think it will drop this time? Will Bitcoin rise or fall after interest rate cuts? Come to the comment area to chat about your views!

#FOMC会议 #降息预测 #比特币市场 #加密货币动态

🚀 Vitalik Buterin's new L2 support standard is out!

Ethereum bigwig Vitalik Buterin recently announced that starting in 2025, he will only support Layer 2 (L2) expansion projects that have reached at least Phase 1 of development progress. This means that only those projects that are truly making progress will receive his public endorsement.

In his X post, Vitalik said that he will implement this new standard very seriously. For those new projects that are really interesting, he may give a short grace period. He also emphasized that personal relationships or financial investments will not affect his support decisions.

Vitalik's new standard includes a 75% consensus rule, which means that for major decisions, such as changing the proof system, a consensus of 75% of the members of the council is required. In addition, at least 26% of the council members must be independent of the core development team to increase decentralization and reduce the risk of governance failure.

The announcement was made amid the ongoing debate over whether L2 solutions are competing with L1 networks such as Ethereum. Some experts believe that L2 is competing for DeFi users, while others believe that L2 and L1 should work together to improve scalability.

At the same time, Vitalik also clarified the recent sale of 760 ETH from an Ethereum multi-signature wallet in his name. He said that the transaction was related to a biodefense organization he funded and was triggered by an automatic Cowswap TWAP order.

💬 What impact do you think Vitalik's new L2 support standard will have on the future development of Ethereum? Leave your opinion in the comment area!

#VitalikButerin #以太坊 #L2扩展 #去中心化 #加密货币动态

[Coming Soon] Ethereum Spot ETF, the new darling of the market is ready to debut!

👂📢 There is a big announcement, the latest news of Ethereum Spot ETF is here!

According to the latest news, brokers have submitted their final version of the S-1 form, which indicates that the Ethereum Spot ETF may be available in the market in just one or two weeks!

Although there is not much discussion about this big news now, it may be because the price of Ethereum has been a bit sluggish recently. But don't worry, Ethereum has returned to the $3,000 mark, which is a good sign! 📈$ETH

Don't forget, price is king, once the price moves, the story will come naturally. Now the market news and mainstream media reports of Ethereum Spot ETF may not be so hot, but as long as the price rises, everyone's enthusiasm and media focus will definitely come back!

Speaking of ETFs, handling fees are definitely a point of concern for everyone. VanEck's ETH spot ETF has a handling fee of 0.2%, while Invesco Galaxy's is 0.25%, which is slightly higher. 🔍

And don't forget the two big players, BlackRock and Grayscale. BlackRock is the world's top asset management company, and Grayscale's Bitcoin spot ETF has a handling fee of up to 1.5%. Now they are both about to launch their own Ethereum funds, what will the handling fee be? This is definitely a big highlight!

It is reported that the handling fee of the Ethereum spot ETF may be between 0.19% and 0.3%. Imagine that once this ETF is officially listed, it may be the fuse for the next wave of altcoin surge!

Although this topic is not so hot now, as long as the ETF is listed and the price of Ethereum rises, the attention of the media and the public will definitely detonate the Ethereum and altcoin market again! 🚀

So, let's continue to pay close attention to this market dynamics and see how the Ethereum spot ETF will affect the entire cryptocurrency market. This may be a new investment opportunity, or it may be a new starting point for market enthusiasm!

#以太坊现货ETF #加密货币动态 #市场新机会 #ETHETF #投资趋势

🌪️ Bitcoin hash rate plummeted, miners panic selling? Is a market rebound in sight? 🌪️

Let’s pay attention to the news about Bitcoin’s computing power. Does the recent plunge in computing power remind you of the bear market in December 2022? At that time, FTX went bankrupt, the price of Bitcoin fell to less than $20,000, and miners panicked and sold.

Through observation of historical data, every major drop in Bitcoin’s computing power seems to be related to a large-scale sell-off by miners. Now, from May to July 2024, we are again witnessing a significant decline in hashrate, which coincides with the decline in hashrate at the end of 2022 when FTX went bankrupt.

Currently, Bitcoin's computing power is experiencing a similar plunge, which makes people wonder: Is the decline in computing power related to the halving of miners' income after the halving?

Some analysts believe that after the Bitcoin halving, the income of miners will be directly halved. If the price of Bitcoin fails to double, their profits will be affected. The current price of Bitcoin is around 60,000, but compared with before the halving, the income of many miners has been significantly reduced, but the expenses have not been reduced, which has led to some poorly managed miners facing the edge of bankruptcy. Therefore, these miners will choose to shut down their mining machines or even sell their Bitcoins, which is also the main reason for the decline in computing power.

But this is also the process of market self-adjustment. Only cleaning out those miners who are not operating well will actually be a good thing for the long-term development of Bitcoin. Because experienced miners will retain some working capital to survive this decline. Only when the market washes away these miners will Bitcoin be able to go to a higher place.

So, let’s pay close attention to market dynamics to see if this plunge in Bitcoin’s computing power will be the starting point for the next round of rise. The market is always full of surprises, let’s wait and see if Bitcoin can usher in a strong rebound!

#比特币 #算力暴跌 #矿工困境 #市场反弹 #加密货币动态

🔍The mystery of Ethereum's plummeting base fee and the decline in ETH destruction

📉The Ethereum network has been a bit turbulent recently, and the amount of ETH destroyed has dropped significantly. According to data from "Ultra sound Money ", only 210 ETH were destroyed on August 10, which is the lowest record since 2024!

🚨 Data shows that Ethereum's base fee once fell to 0.8 Gwei, which is the lowest in many years. However, on August 5, the base fee once soared to 100 Gwei, and the amount of ETH destroyed in one day could reach 5,000. But now, low gas fees have increased the inflation rate of the network, and the net emission of ETH has exceeded 2,000.

💡 To combat this trend, Martin Köppelmann, the founder of Gnosis, proposed a bold plan to increase the gas limit to increase Layer 1 activity. Although it sounds a bit counterintuitive, he believes that this may be an effective measure to solve the problem.

🤔 And, do you know? Ethereum’s gas fees even dropped below 1 Gwei over the weekend! This is the first time since the London hard fork in August 2021, which implemented a mechanism to destroy base fees in order to reduce the supply of ETH.

🔄 The current decline in gas fees is mainly due to users turning to layer 2 scaling solutions, coupled with the Dencun upgrade in March, which has greatly reduced the cost of the layer 2 network.

💬 So, what do you think of the decline in ETH destruction? Do you think Martin’s proposed strategy of increasing the gas limit is feasible? What do you think of this proposal? Leave your thoughts in the comments!

#以太坊 #ETH销毁 #Gas费用 #加密货币动态

⚠️Standard Chartered Bank analyst: Geopolitical risks may be the main reason for Bitcoin to fall below $60,000

Geoff Kendrick, an analyst at Standard Chartered Bank, recently said that due to geopolitical uncertainty, the price of Bitcoin may fall below the $60,000 mark before the weekend. However, he believes this may be a good opportunity to accumulate.

Kendrick also mentioned that Bitcoin call option positions are increasing, especially those with an expiration price of $80,000 on December 27. This may indicate that despite short-term risks, the market is still optimistic about Bitcoin's long-term prospects.

Moreover, he also pointed out that Bitcoin is not a traditional safe haven for geopolitical tensions. He explained that gold is a geopolitical hedge tool, while Bitcoin is more of a hedge tool for traditional financial problems (such as bank bankruptcy or de-dollarization).

This forecast by Standard Chartered Bank reminds us to keep an eye on geopolitical trends and be sensitive to the market. Remember, no matter how the market changes, making wise investment decisions is always the key.

In financial markets, every piece of news may cause market trends. This geopolitical "game" may make Bitcoin prices fluctuate, but it may also be an opportunity for investors to enter the market. After all, the market always has ups and downs, the key is to find the right time.

💬 What do you think of this analyst forecast? Do you think the volatility of Bitcoin prices is a good opportunity to enter the market? Or do you prefer other investment strategies? Share your thoughts in the comments!

#比特币价格 #地缘政治风险 #投资机会 #加密货币动态

🔥Vitalik Buterin's large transfer of ETH has triggered market speculation, and the suspicion of Ethereum selling has resurfaced?

🚀 Recently, Vitalik Buterin, the genius founder of Ethereum, has made another large transfer, which has caused the entire crypto community to explode! He transferred 800 ETH worth more than 2 million US dollars to a multi-signature wallet, and then exchanged 190 ETH in it for stablecoin USDC.

🤔 Everyone began to speculate, is Buterin going to start selling ETH? This is not the first time he has done this. On August 9, he also transferred 3,000 ETH worth more than 8 million US dollars to the same wallet.

🐳 This series of actions has heated up the discussion in the community about whether Ethereum can be used as a long-term value storage. After all, everyone is worried that these big players (we call them "whales") will suddenly sell a large amount of ETH.

💼 Moreover, this happened when everyone was speculating about how the Ethereum Foundation would manage ETH reserves. Just a week ago, the foundation transferred 35,000 ETH worth $94 million to the Kraken exchange, which made many people question their transparency.

💸 However, the foundation's executive director came out to clarify that this was normal fund management to cover operating expenses, including grants and salaries. Buterin also responded to everyone's concerns, saying that 90% of his net worth is in ETH and he receives a salary of $140,000 from the foundation every month.

🔍 According to Lookonchain data, since January this year, the Ethereum Foundation has sold 239,000 ETH worth $654 million. In July, they also transferred ETH worth $290 million, and this wallet has not been moved for seven years.

👀The actions of whales are always the focus of everyone's attention because their actions can affect the entire market. Buterin's wallet is particularly eye-catching.

📈Now, the price of ETH is $2,526. In 30 days, ETH has fallen by nearly 15%, and the market value is about $304.1 billion. At the current price, the 240,171 ETH in Buterin's hands is worth about $607.3 million. $ETH
💬 What do you think? What do you think Buterin and the Ethereum Foundation are doing? Is it a strategic position adjustment or another round of market crash?See you in the comments section!

#以太坊 #VitalikButerin #ETH #加密货币动态

[Coming Soon] Ethereum Spot ETF, the new darling of the market is ready to debut!

👂📢 There is a big announcement, the latest news of Ethereum Spot ETF is here!

According to the latest news, brokers have submitted their final version of the S-1 form, which indicates that the Ethereum Spot ETF may be available in the market in just one or two weeks!

Although there is not much discussion about this big news now, it may be because the price of Ethereum has been a bit sluggish recently. But don't worry, Ethereum has returned to the $3,000 mark, which is a good sign! 📈$ETH
Don't forget, price is king, once the price moves, the story will come naturally. Now the market news and mainstream media reports of Ethereum Spot ETF may not be so hot, but as long as the price rises, everyone's enthusiasm and media focus will definitely come back!

Speaking of ETFs, handling fees are definitely a point of concern for everyone. VanEck's ETH spot ETF has a handling fee of 0.2%, while Invesco Galaxy's is 0.25%, which is slightly higher. 🔍

And don't forget the two big players, BlackRock and Grayscale. BlackRock is the world's top asset management company, and Grayscale's Bitcoin spot ETF has a handling fee of up to 1.5%. Now they are both about to launch their own Ethereum funds, what will the handling fee be? This is definitely a big highlight!

It is reported that the handling fee of the Ethereum spot ETF may be between 0.19% and 0.3%. Imagine that once this ETF is officially listed, it may be the fuse for the next wave of altcoin surge!

Although this topic is not so hot now, as long as the ETF is listed and the price of Ethereum rises, the attention of the media and the public will definitely detonate the Ethereum and altcoin market again! 🚀

So, let's continue to pay close attention to this market dynamics and see how the Ethereum spot ETF will affect the entire cryptocurrency market. This may be a new investment opportunity, or it may be a new starting point for market enthusiasm!
#以太坊现货ETF #加密货币动态 #市场新机会 #ETHETF #投资趋势