Distinguish between big trends and small trends.
2024.4.23 Daily Update:
As of last weekend, the total supply of stablecoins pegged to the U.S. dollar reached $165 billion, the highest level in nearly two years. The rising market value of Ethena's USDe stablecoin has driven the continuous expansion of stablecoin supply, which has stabilized at around $2.4 billion in recent days. Ripple said earlier this month that the entire stablecoin market supply will reach $2.8 trillion by 2028.
According to Bloomberg, according to data from research firm Kaiko, the share of Bitcoin transactions on Binance, the world's largest crypto exchange, has fallen from 81.3% to 55.3% over the past year. For small tokens known as altcoins, their trading share has also fallen from 58% to 50.5%. As overseas expansion efforts and changing regulatory policies reshape the competitive landscape of the digital asset industry, Binance's share of Bitcoin transactions outside the United States has also changed.
Account situation: total capital of 493,000 (including dividends), principal of 150,000, and yield of 200+%. The total equity of the contract account is 435,000, the total position is 451,700, 40+ varieties, and 140+ pending orders.
Today's transaction: Sell ATA, 2700U, price 0.2222.
Risk warning: Leverage is not a devil, but a tool to improve the utilization rate of funds. Leverage itself has no risk, and the real risk comes from human nature.
