The cryptocurrency market continues its upward trend, and it is increasingly likely to break the curse of the market's decline in September. Bitcoin successfully broke through the $66,000 mark at around 22:00 last night (27), reaching a high of $66,498, the highest price in nearly two weeks.
It fell back before writing, temporarily reporting at $65,905.57, up 1.2% in the past 24 hours and 11.5% in the past month.
Compared with the performance of Bitcoin, Ethereum appears to be stronger. It broke through $2,700 in the early morning today, reaching a high of $2,728.6. Currently, the buying has weakened. At the time of writing, it was reported at $2,694.19, up 2.47% in the past 24 hours.
What key information did CZ’s first tweet “GM” convey after he was released from prison?
Binance founder CZ regained his freedom and first tweeted "GM" beyond short-term speculation, indicating the far-reaching impact he will bring, especially BNB's successful elimination of regulatory risks. CZ was released early yesterday. The reason for this early release is that if the release date falls on a weekend, the prisoner may leave the detention center early. At the same time, Binance’s tokens such as BNB and CAKE both showed significant gains today. However, the overall upward trend of the market is also driving the performance of these tokens, so their gains cannot be entirely attributed to the release of CZ.
So, market hype aside, what is the likely far-reaching impact of this incident? First, investors who hold BNB for the long term will benefit from a significant reduction in regulatory risk. As the crypto market expands, tokens without political background such as CAKE will inevitably receive national attention. Today, CZ has shouldered all the penalties, and the most thorny “regulatory issue” in the cryptocurrency field has been partially resolved. In the future, negative events more serious than the imprisonment of the founder are almost unlikely to occur, which creates greater space for the development of BNB.
Secondly, after CZ is released from prison, he may no longer directly participate in the management of Binance, but turn to the field of blockchain education. This is not only consistent with the ideas he advocated in the early days, but also in line with the current challenges of lack of education faced by the entire crypto industry. Before he went to prison, he announced the launch of the educational project Giggle Academy, which aims to provide free basic education for poor children. Although the project's official website has published recruitment notices for several months, it has not yet disclosed details such as the timetable or source of funds. It is expected that CZ will bring more relevant information in the coming months after his release from prison.
When CZ stepped down in November last year, he also expressed his willingness to be a coach or mentor for new entrepreneurs. Whether it is for the industry or the country, the popularization of education is a prerequisite for development. At present, most people who enter the crypto industry are for speculation, and education is particularly important. Investors can pay attention to the field of education and consider long-term investment in related tokens or projects, such as HOOK and EDU. These issues are worthy of in-depth thinking, not limited to short-term market fluctuations. At the same time, according to previous news, CZ is still facing legal problems, and we should continue to pay attention to its subsequent developments.
Shib is driving the market like crazy, the next dark horse will be_____?
The stock market returned to 3,000 points, and the cryptocurrency market ushered in a general rise. Under the crazy leadership of Shib yesterday, the market has become more and more active, which is a very good signal.
I am optimistic about Shib. It has gone through accumulation, energy release, and energy contraction in the past, which means that it will not be limited to this in the future, and there will be greater energy waiting for it. The following are the signs that may become a dark horse
» $RATS
RATS has the best narrative at the moment, and is absolutely unique in the entire market:
1. The earliest fair minted meme coin in the Bitcoin ecosystem
2. The top price dropped 10 times, and the market was cleaned up thoroughly
3. Foreigners start to pay attention and buy
4. It is listed on a large number of exchanges and Binance Futures;
5. During this period, the cryptocurrency community has been resisting Binance from listing large-cap coins, and the call for listing small-cap popular coins is growing.
6. The most important thing is that the market value of RATS is just over 100 million, so there is a lot of room for growth.
» $RENDER
As AI computing power is inevitably inseparable from GPU computing, NVIDIA can be said to be a unique presence in the US stock market in the past two years, especially some large AI manufacturers, whose cooperation orders with NVIDIA are currently scheduled for a long time.
This also highlights that the development of AI must be supported by GPU computing power.
Similarly, as the largest GPU rendering project in the blockchain market, it also provides computing power support and cooperation for many AI projects.
The current market value is approximately $2.5 billion. Judging from past market conditions, the growth space for the copycat's market value after reaching $2.5 billion is very limited, and its foundation is solid.
» $PEOPLE
PEOPLE Although the recent price trend is very similar, as a representative of MEME coins, it has attracted a large number of investors with its unique community culture and strong support base.
Although it brings high risks, it also brings high-return opportunities. For investors who dare to take risks, PEOPLE is a project worth paying attention to.
The first goal of 0.07 has been achieved, the second goal is 0.1 bull market, the ultimate goal is 1 US dollar, the mission will be accomplished
People The popularity of election coins is very high. It is likely that the third wave will begin.
