冉冉大王Cry
微博同名
79 Following
797 Followers
290 Liked
228 Shared
See original
The Race for National Bitcoin Reserves: Will China Follow the U.S.?
After U.S. President Donald Trump signed an executive order announcing the establishment of a strategic Bitcoin reserve, people began to wonder: will other countries follow suit and take similar actions?
In fact, several countries have publicly held Bitcoin, and there may even be more countries that have not disclosed their Bitcoin reserves. Although the United States is actively building Bitcoin reserves, it does not hold the most Bitcoin globally.
According to reports, China currently holds far more Bitcoin than the United States. Data shows that China possesses approximately 194,000 Bitcoins, while the United States holds about 112,000 Bitcoins. These two countries are undoubtedly the leaders in global Bitcoin reserves, followed by the United Kingdom (61,000 Bitcoins) and Ukraine (46,000 Bitcoins). This pattern indicates that the appeal of Bitcoin as a strategic asset is expanding globally.
In fact, several countries have publicly held Bitcoin, and there may even be more countries that have not disclosed their Bitcoin reserves. Although the United States is actively building Bitcoin reserves, it does not hold the most Bitcoin globally.
According to reports, China currently holds far more Bitcoin than the United States. Data shows that China possesses approximately 194,000 Bitcoins, while the United States holds about 112,000 Bitcoins. These two countries are undoubtedly the leaders in global Bitcoin reserves, followed by the United Kingdom (61,000 Bitcoins) and Ukraine (46,000 Bitcoins). This pattern indicates that the appeal of Bitcoin as a strategic asset is expanding globally.
See original
Today is Goddess Day🌹🌹🌹
Wishing my female fans a happy holiday, the guys can do as they please
Wishing my female fans a happy holiday, the guys can do as they please
See original
Market Analysis on March 7: Bitcoin Included in National Reserves, What’s Next for Ethereum and Altcoins?
The czar's government has decided to use existing Bitcoin as reserves, rather than purchasing from the secondary market, which indeed falls below the expectations of the crypto community. However, for outsiders, the U.S. elevating Bitcoin to a status equivalent to gold is still good news.
Additionally, this strategic reserve plan seems to be 'whatever is available will be reserved', and there are still 56,000 Ethereum and 62,000 BNB in the U.S. government account. Will these two also be included in the reserves?
Back to the point:
Currently, the market has entered the 'sell-the-news' phase. The long-awaited Bitcoin strategic reserve plan has finally landed, yet Bitcoin has seen a sharp decline, falling from a high of 91,000 to below 85,000. This panic sentiment is explained in David Sacks's tweet. The gist of the tweet is that the Bitcoin currently held by the U.S. government will automatically become strategic reserves and will not be sold for the next four years, but the government will also not use taxpayer funds to purchase more Bitcoin. This aligns with Arthur's previous predictions, and it was this statement that led to instant disappointment in the market, triggering sell-offs. The reason for this outcome is that people had overly high expectations for the strategic reserves, and we can't blame ourselves for that, as the czar made grand claims before the election, with even supportive legislators releasing specific numbers, claiming to reserve 1 million Bitcoins. The current Secretary of Health, Kennedy, even proposed a reserve plan of 4 million Bitcoins during his campaign, claiming the government would purchase 550 Bitcoins daily until the goal is reached. These messages were released by prominent figures, and ordinary people naturally believed them, which makes the market's sharp decline from last night to this morning understandable.
Additionally, this strategic reserve plan seems to be 'whatever is available will be reserved', and there are still 56,000 Ethereum and 62,000 BNB in the U.S. government account. Will these two also be included in the reserves?
Back to the point:
Currently, the market has entered the 'sell-the-news' phase. The long-awaited Bitcoin strategic reserve plan has finally landed, yet Bitcoin has seen a sharp decline, falling from a high of 91,000 to below 85,000. This panic sentiment is explained in David Sacks's tweet. The gist of the tweet is that the Bitcoin currently held by the U.S. government will automatically become strategic reserves and will not be sold for the next four years, but the government will also not use taxpayer funds to purchase more Bitcoin. This aligns with Arthur's previous predictions, and it was this statement that led to instant disappointment in the market, triggering sell-offs. The reason for this outcome is that people had overly high expectations for the strategic reserves, and we can't blame ourselves for that, as the czar made grand claims before the election, with even supportive legislators releasing specific numbers, claiming to reserve 1 million Bitcoins. The current Secretary of Health, Kennedy, even proposed a reserve plan of 4 million Bitcoins during his campaign, claiming the government would purchase 550 Bitcoins daily until the goal is reached. These messages were released by prominent figures, and ordinary people naturally believed them, which makes the market's sharp decline from last night to this morning understandable.
See original
This feeling of $RUNE is still good
The main force is absorbing, waiting for the dip, and then it's just a matter of patiently waiting...
The main force is absorbing, waiting for the dip, and then it's just a matter of patiently waiting...
See original
The fastest listed coin on Binance in history that was then placed under observation is probably $GPS 😂
See original
Today's non-farm data is expected to be 14.3, with an expectation of 16.
If the published value is lower than 16, Bitcoin may rise;
If it's higher than 16, it may drop.
Personally, I feel that during tonight's crypto summit, the U.S. Federal Reserve may give Trump some face by announcing a number below 16 (the data will be released at 9:30 PM). If the published value is higher than 16, that would undoubtedly be a slap in Trump's face. Overall, tonight's non-farm data is likely to be good, and if the market drops, that would be our opportunity to buy the dip.
If the published value is lower than 16, Bitcoin may rise;
If it's higher than 16, it may drop.
Personally, I feel that during tonight's crypto summit, the U.S. Federal Reserve may give Trump some face by announcing a number below 16 (the data will be released at 9:30 PM). If the published value is higher than 16, that would undoubtedly be a slap in Trump's face. Overall, tonight's non-farm data is likely to be good, and if the market drops, that would be our opportunity to buy the dip.
See original
3.7 Today's Key Events:
1. Trump signed an executive order for the strategic reserve of Bitcoin, but according to David Sacks, the government will not purchase Bitcoin using taxpayer money, but will instead reserve it through penalties and other means. Currently, the government holds 198,109 Bitcoins (valued at 172 million USD). The reserve is limited to confiscated Bitcoins and will not be purchased in public markets unless a budget-neutral strategy is adopted (such as minting new coins or increasing crypto tax revenue). In the long term, this move is beneficial for the market:
- The US takes the lead, and other countries may follow;
- Reduces government sales of confiscated cryptocurrencies;
- Attracts more outside investors to the market.
2. The Texas Senate passed SB-21 with a vote of 25:5, aiming to establish a strategic reserve for Bitcoin and cryptocurrencies.
3. World Liberty Fund has reached a strategic partnership with Sui to include SUI assets in its "Macro Strategy" reserves.
4. Ice_Frog666666 protested against Redstone Defi's control over token distribution; after a pause in RED transactions, the project team will redistribute the token shares to the omitted district members, and RED transactions will resume.
5. Movement plans to launch its mainnet on March 10.
6. Trump signed an amendment to postpone tariffs on products from Mexico and Canada that comply with the US-Mexico-Canada Agreement.
7. After a two-day hiatus, the Federal Reserve bought back 100.284 Bitcoins, currently holding 51.9 billion USD worth of Bitcoin.
8. On-chain activity is sluggish, with small investors only hoping for FDV to break 1 million USD.
1. Trump signed an executive order for the strategic reserve of Bitcoin, but according to David Sacks, the government will not purchase Bitcoin using taxpayer money, but will instead reserve it through penalties and other means. Currently, the government holds 198,109 Bitcoins (valued at 172 million USD). The reserve is limited to confiscated Bitcoins and will not be purchased in public markets unless a budget-neutral strategy is adopted (such as minting new coins or increasing crypto tax revenue). In the long term, this move is beneficial for the market:
- The US takes the lead, and other countries may follow;
- Reduces government sales of confiscated cryptocurrencies;
- Attracts more outside investors to the market.
2. The Texas Senate passed SB-21 with a vote of 25:5, aiming to establish a strategic reserve for Bitcoin and cryptocurrencies.
3. World Liberty Fund has reached a strategic partnership with Sui to include SUI assets in its "Macro Strategy" reserves.
4. Ice_Frog666666 protested against Redstone Defi's control over token distribution; after a pause in RED transactions, the project team will redistribute the token shares to the omitted district members, and RED transactions will resume.
5. Movement plans to launch its mainnet on March 10.
6. Trump signed an amendment to postpone tariffs on products from Mexico and Canada that comply with the US-Mexico-Canada Agreement.
7. After a two-day hiatus, the Federal Reserve bought back 100.284 Bitcoins, currently holding 51.9 billion USD worth of Bitcoin.
8. On-chain activity is sluggish, with small investors only hoping for FDV to break 1 million USD.
See original
AI16Z can shroud a wave
The sector that AI often argues about has great potential and is currently still at a low level
cz also responds that AI agency is the trend of the future, Li Hao's news
The sector that AI often argues about has great potential and is currently still at a low level
cz also responds that AI agency is the trend of the future, Li Hao's news
See original
XRP Strong Momentum: Is Now a Good Time to Position?
Since the beginning of this month, the XRP market has risen by 18.45%, achieving an astonishing increase of 34.08% just on the second day of this month. Over the past week, XRP has outperformed top cryptocurrencies like Bitcoin, Ethereum, BNB, and Solana with a 13.4% increase. All signs indicate that now may be the ideal time to enter the XRP market. Here are the key points you need to know!
Bullish chart pattern for XRP: descending wedge signals a breakout.
The XRP market has recently formed a descending wedge pattern. A descending wedge is a chart pattern where prices consolidate between two downward-sloping trendlines, typically regarded as a bullish signal, indicating that prices may break upwards.
Bullish chart pattern for XRP: descending wedge signals a breakout.
The XRP market has recently formed a descending wedge pattern. A descending wedge is a chart pattern where prices consolidate between two downward-sloping trendlines, typically regarded as a bullish signal, indicating that prices may break upwards.
See original
Recently, among the new projects launched on a certain platform, the ones that truly performed strongly are Layer and Kaito, especially Layer, which can be regarded as the representative of strong projects.
Even though SOL has faced a significant correction due to a meme trend retreating and pressure from unlocks, Layer still strengthened independently, completely unaffected by external factors. Leaving aside the strong fundamentals of the project, it at least indicates one thing: some projects do not regard 'launching on a certain platform' as the endpoint.
What does it mean to be a strong project? It means being able to overcome difficulties without making excuses and steadily pushing the project's value higher, even when facing multiple challenges such as market uncertainties, exchange manipulation, internal issues, various FUD, and overall market sluggishness.
Initially, many were waiting to see a joke with Kaito AI, believing that Kaito's launch would surely be a disaster, but looking at it now, whether in market management or project advancement, Kaito's performance has been orderly.
So everyone should not just listen to what others say; the key is to observe what they do. Today, I talked with the team about if Trump were to unleash liquidity, which alternative projects would benefit? Aside from the presidential project Bag, it is believed that it will be difficult for all alternative projects to collectively inflate again in the future; rather, it is more likely to be localized inflation. And those projects that have been tested in the market will become more worthy of attention among alternative projects.
Even though SOL has faced a significant correction due to a meme trend retreating and pressure from unlocks, Layer still strengthened independently, completely unaffected by external factors. Leaving aside the strong fundamentals of the project, it at least indicates one thing: some projects do not regard 'launching on a certain platform' as the endpoint.
What does it mean to be a strong project? It means being able to overcome difficulties without making excuses and steadily pushing the project's value higher, even when facing multiple challenges such as market uncertainties, exchange manipulation, internal issues, various FUD, and overall market sluggishness.
Initially, many were waiting to see a joke with Kaito AI, believing that Kaito's launch would surely be a disaster, but looking at it now, whether in market management or project advancement, Kaito's performance has been orderly.
So everyone should not just listen to what others say; the key is to observe what they do. Today, I talked with the team about if Trump were to unleash liquidity, which alternative projects would benefit? Aside from the presidential project Bag, it is believed that it will be difficult for all alternative projects to collectively inflate again in the future; rather, it is more likely to be localized inflation. And those projects that have been tested in the market will become more worthy of attention among alternative projects.
See original
$SUI
Consider intervention
Around 2.7, stop at 2.57, look at the 3~3.7 range
The upward trend is very strong, worth monitoring~
Consider intervention
Around 2.7, stop at 2.57, look at the 3~3.7 range
The upward trend is very strong, worth monitoring~
See original
3.6 Today's Hot Topics:
1. Discussions on old coins link, ondo, avax, etc., regarding media and national conference concepts.
2. The newly listed Kaito surges, discussions on arb in the cold country, discussions on rez pressured by Robinhood, and discussions on Coinbase.
3. Discussions on the pressured JTO, Multicoin Capital is calling for Dan.
4. Pi will unlock about 4 billion dollars worth of coins in March.
1. Discussions on old coins link, ondo, avax, etc., regarding media and national conference concepts.
2. The newly listed Kaito surges, discussions on arb in the cold country, discussions on rez pressured by Robinhood, and discussions on Coinbase.
3. Discussions on the pressured JTO, Multicoin Capital is calling for Dan.
4. Pi will unlock about 4 billion dollars worth of coins in March.
See original
Immortals fighting, retail investors pay!——"The Tariff War"
See original
B安 has recently adjusted the margin rates for BCH, XTZ, MANA, ONE, BAT, DENT, and other cryptocurrencies. This change may have some impact on maintaining the margin requirements.
From a technical perspective, these cryptocurrencies are currently in a daily level adjustment bottom area, and are expected to welcome a rebound or upward trend in the future. It is recommended to stay alert. I will also take appropriate actions at the right time to seize potential opportunities.
From a technical perspective, these cryptocurrencies are currently in a daily level adjustment bottom area, and are expected to welcome a rebound or upward trend in the future. It is recommended to stay alert. I will also take appropriate actions at the right time to seize potential opportunities.
See original
Bitcoin in Danger: Short Sellers and $86,600 BTC Breakout
Bitcoin [BTC] price action has been a hot topic this week, and new data from Binance and IntoTheBlock has sparked fresh speculation about what’s next for the king of cryptocurrencies.
With a significant portion of market participants shorting and a surge in active addresses, there are a lot of issues that need to be addressed.
Most Bitcoin traders are short
According to Coinglass data, 58.23% of all Binance accounts holding Bitcoin positions are in a short position. This reflects that market participants have very strong expectations for a drop in Bitcoin prices.
However, on the other hand, this short position can also lead to a sudden price surge when Bitcoin moves against the crowd and forces those traders to cover their shorts.
With a significant portion of market participants shorting and a surge in active addresses, there are a lot of issues that need to be addressed.
Most Bitcoin traders are short
According to Coinglass data, 58.23% of all Binance accounts holding Bitcoin positions are in a short position. This reflects that market participants have very strong expectations for a drop in Bitcoin prices.
However, on the other hand, this short position can also lead to a sudden price surge when Bitcoin moves against the crowd and forces those traders to cover their shorts.
See original
TIA's next move: Is an outbreak likely soon?
Celestia [TIA] is gaining significant momentum as it continues to work its way out of a prolonged consolidation phase that has kept price action subdued for months.
At press time, the token is trading at $5.95 and is up 6.85% in the past 24 hours, showing bullish potential. Will TIA maintain its upward momentum and move higher, or will resistance levels slow its upward momentum? Let’s find out.
Overview of the scope of TIA integration: Will it break free?
TIA has been caught in a long-term downtrend, as shown by a descending price channel. The coin has been struggling to break above key resistance levels and has remained within this channel for several months.
At press time, the token is trading at $5.95 and is up 6.85% in the past 24 hours, showing bullish potential. Will TIA maintain its upward momentum and move higher, or will resistance levels slow its upward momentum? Let’s find out.
Overview of the scope of TIA integration: Will it break free?
TIA has been caught in a long-term downtrend, as shown by a descending price channel. The coin has been struggling to break above key resistance levels and has remained within this channel for several months.
See original
POPCAT Leads Crypto Market, Can the Rise Continue?
The entire cryptocurrency market is experiencing significant selling pressure and falling prices. Amid this, the popular Solana-based meme coin Popcat (POPCAT) has surged to become a leader in the cryptocurrency market. Moreover, with its impressive performance, the meme coin has outperformed major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Current Price Momentum
According to CoinMarketCap, POPCAT is currently trading at nearly $1.37, with a price increase of more than 13% in the past 24 hours. Interestingly, this price increase comes at a time when major cryptocurrencies such as BTC, ETH, and SOL are falling.
Current Price Momentum
According to CoinMarketCap, POPCAT is currently trading at nearly $1.37, with a price increase of more than 13% in the past 24 hours. Interestingly, this price increase comes at a time when major cryptocurrencies such as BTC, ETH, and SOL are falling.
See original
Bitcoin price poised for further gains: Can it go higher?
Bitcoin price remains bullish above the $67,000 resistance area. BTC is currently consolidating and aims to surpass the $68,350 resistance level for further gains.
Bitcoin remained stable and extended its gains above $67,500.
The price is currently above $67,400 and the 100 hourly simple moving average.
There is a key bullish trend line forming with support at $67,400 on the hourly chart of the BTC/USD pair (data source from Kraken).
The pair could rise further if there is a close above the $68,200 resistance area.
Bitcoin remained stable and extended its gains above $67,500.
The price is currently above $67,400 and the 100 hourly simple moving average.
There is a key bullish trend line forming with support at $67,400 on the hourly chart of the BTC/USD pair (data source from Kraken).
The pair could rise further if there is a close above the $68,200 resistance area.
See original
US Election 2024: Why Trump's Crypto Move Could Help Him Win in 2024
Donald Trump’s odds of winning the 2024 US presidential election look higher than ever. On decentralized prediction platform Polymarket, Trump leads Kamala Harris by 16%. With his pro-crypto stance and involvement in decentralized finance (DeFi), Trump’s popularity is growing rapidly, especially among cryptocurrency enthusiasts. So, what’s really behind this surge? And could this be a sign of things to come?
Trump vs. Harris: An unexpected lead
Trump vs. Harris: An unexpected lead
See original
Altcoin season is coming? What Bitcoin needs to do to kick off altcoin rally
As Bitcoin [BTC] approaches a market top, many altcoins are also expected to surge, driven primarily by investors seeking to diversify their portfolios and reduce risk.
As a result, the cryptocurrency market is excited about the prospects of the upcoming altcoin season, with many tokens expected to capitalize on the recent momentum and, in many cases, outperform BTC.
Altcoin season may have to wait a while longer
In theory, altcoin season begins when 37 of the top 50 altcoins outperform Bitcoin on a 90-day average.
As a result, the cryptocurrency market is excited about the prospects of the upcoming altcoin season, with many tokens expected to capitalize on the recent momentum and, in many cases, outperform BTC.
Altcoin season may have to wait a while longer
In theory, altcoin season begins when 37 of the top 50 altcoins outperform Bitcoin on a 90-day average.
Login to explore more contents