Hello friends! Today I want to share some big news with you~ that is, the decentralized perpetual contract trading platform dydx that we are all familiar with has launched a new v4 version! Come and learn about this big event with me!
First of all, it is worth mentioning that the dydx platform completed a major adjustment in October last year, which was to switch from ethereum layer2 to cosmos. What is the purpose of this decision? As they say in their manifesto, they are “committed to achieving comprehensive decentralization of the entire market”, and this upgrade is definitely a big step forward for them towards this grand goal! To put it bluntly, their order books and matching engines have all entered a new stage, getting rid of the traditional, centralized operation method and moving towards a new era of more open, transparent and fair transactions! Really looking forward to seeing them achieve better results in the future!
But having said that, when it comes to the current total value locked (TVL) of each platform, the amount of uniswap is still much larger than that of dydx, which is as much as 4.42 billion US dollars; but dydx itself is not inferior, enough A total of US$332 million! Do you think it’s pretty awesome?
Let’s talk about this v4 version of dydx. Its trading volume is getting bigger and bigger! It has been surpassing uiswap for a while, and even ethereum-based dex has been outclassed. Including their own v3 version. Such a turn has really amazed many people, and it also fully demonstrates the power of dydx in the field of decentralized finance. They claim that they will eventually shut down the v3 version on Ethereum, but the specific timetable has not yet been announced. But no matter what, this platform still maintains a stable development momentum.
According to data from coinnmarketcap, within just 24 hours, the transaction volume of dydx v4 reached such an astonishing figure - US$633 million! It has surpassed the US$522 million of the famous dex giant uniswap v3 (Ethereum chain). In other words, dydx v4 has become the decentralized exchange with the largest daily trading volume. The transaction volume of dydx v3 is more objective, reaching 4.At $8.2 billion, it ranks third behind the top two.
In fact, the excellent performance of dydx v4 has received widespread attention and recognition from the industry. For example, Paul Veradittakit, the president of Pantera Capital, also believes that DeFi users are eagerly looking forward to finding a place that can meet their constant pursuit of high-speed transaction processing needs, and dydx v4 is exactly such an ideal choice. It sounds good~
Let’s talk about the market response. In the past two weeks, the price of dydx, its native token, has nearly doubled, rising by more than 15.8%. Such results are undoubtedly a high degree of recognition and strong support for dydx v4. Let us cheer for this excellent platform and welcome a new chapter of decentralized trading together! 😊

In the 11th AMA (Ask Me Anything) event held on January 10, 2024, the Ethereum Foundation’s research team had in-depth exchanges and interactions with community members. Vitalik Buterin and his team answered 313 questions in detail and shared their views on the future development trends of Ethereum.

[Expansion Limitations of EIP-4844] When talking about the bottlenecks of EIP-4844 in Ethereum expansion, Vitalik Buterin made his position clear. He pointed out that while this project lays the foundation for future expansion, further technological breakthroughs are still needed to increase throughput.

[Challenges of Ethereum L2] In the AMA, the team discussed the liquidity fragmentation and combinatorial problems existing on Ethereum L2. Vitalik believes permissionless cross-L2 transfer protocols like UniswapX will be key. It can be seen that people have expectations for a more open and interconnected Ethereum network.

[Lido’s Dominance] Talking about Lido’s leadership in the Ethereum staking market, Vitalik and his team said that it is more important to lower the barriers to market entry rather than directly intervening in its market share.

[Security Budget Considerations] The team also discussed the issue of Ethereum’s security budget, emphasizing the difference between true security budget and economic security, and recommended leaving about a quarter of the pledged ETH.

[The future of native Rollup] Speaking of native Rollup, Vitalik believes that this will be an important part of the future development of Ethereum, but it will take time to achieve goals such as EVM precompiled security, performance, and diversity.

[Intersection of AI and Blockchain] During the exchange process, the potential applications of AI and blockchain were widely discussed, and artificial intelligence currency and security identification were highlighted as two key intersections.

The Ethereum community pays great attention to the intersection of AI and blockchain. They believe that the combination of these two technologies will usher in a new era. In the future, AI technology can be used to improve the performance and security of smart contracts and help Ethereum solve complex security issues. At the same time, the decentralized nature of blockchain can ensure the reliability of AI applications and protect data privacy.
Looking to the future, Ethereum will develop together with AI technology to achieve more powerful and reliable smart contract applications.In this process, Ethereum will continue to improve its performance and security to adapt to more complex application scenarios. I believe that the future of Ethereum will be even more exciting, and we also look forward to it bringing more changes to our lives in the future.

[Exploration of Privacy Issues] Vitalik elaborated on his views on long-term plans to improve Ethereum user privacy, and solutions such as Railway that can achieve this goal, indicating continued concern for privacy protection.
When it comes to ensuring that Ethereum user privacy is protected, we first need to recognize the importance of users’ personal information. Therefore, the Ethereum protocol has multiple technical measures built into it to ensure the security and integrity of information.
First, Ethereum uses two-factor authentication technology to ensure that only authorized users can access personal information. Secondly, in order to prevent data from being maliciously tampered with, Ethereum has also adopted data signature and encryption measures. A signature is a special encryption algorithm that verifies whether data has been tampered with. In addition, Ethereum also uses zero-knowledge proof technology to maximize user privacy while verifying user identity.
However, ensuring the privacy of Ethereum users is not just a technical issue. It also requires users to strengthen their security awareness, such as using strong passwords, avoiding easily disclosing personal information to others, and conducting regular security checks on accounts and devices.
In general, Ethereum strives to ensure that user privacy is fully protected through a combination of technology and user education.

[Conclusion] This AMA not only allowed everyone to see the Ethereum community’s in-depth understanding of the future technological development direction, but also reflected their thoughtful consideration of existing issues. Vitalik Buterin and the Ethereum Foundation research team’s sharing provided us with valuable information and demonstrated their continuous efforts at the forefront of blockchain technology.

#ETH $ETH

Hello everyone, I am your dear old friend Mark. Today I am here to talk to you about the recent uproar in the financial circle. Recently, the U.S. Securities and Exchange Commission (SEC) seemed to have dropped an atomic bomb, claiming that it would conduct a rigorous investigation into the so-called "fake scam" of Bitcoin ETFs. This incident really caused an uproar in the investment community. People can't help but wonder, what kind of drama is this? Bitcoin, this is a name that we are all familiar with. So what exactly is going on?
Speaking of the culprit in this incident, it is Bitcoin (BTC). This little thing that has troubled the global financial community for many years has recently jumped out to cause trouble. Starting on January 9, someone had the audacity to hack the SEC’s official account and issue a temporary approval report without authorization, falsely claiming that a spot Bitcoin ETF had been approved. This is really a bad thing. In the changing situation, the price of Bitcoin is like a swaying firework. It first climbed from the trough to the peak, and then fell by more than 6%. It was only later that it barely stabilized its position and settled at Around $44,700. Hey, when you see this, do you feel that your wealth is like fallen leaves in the autumn wind, erratic? Aren’t we just wandering in the sea of ​​investment?
In order to make it clear to real currency speculation enthusiasts, I will show off my technical skills and draw a picture for you. Let us see that before this incident, the price of Bitcoin was approximately like this -

Let’s look at the aftermath of the incident:
You see, the price fluctuations are like riding a roller coaster, which makes people dizzy and frightened. It was all caused by a prank by some person or organization. Huh, do you really think our investors are easy to bully?
In response, SEC boss Gary Gensler was so angry that he grabbed the phone and yelled angrily at the employees suspected of manipulation. But to be honest, when it comes to such a sensational event, no one can be 100% sure that they will be able to find out the clues. Today, the people involved are still under investigation, and the truth is still unclear.
As for us ordinary people, we can only wait silently to see which bastard is responsible for this.In this digital age, everything is changing rapidly, and a piece of inconspicuous fake news can set off a storm. Dear friends, don’t be fooled by this kind of invisible and intangible news. The pockets in our hands are full of hard-earned money, how can we use it for gambling? The truth, sometimes in this wonderful world of cryptocurrency, is even harder to find than Bitcoin, so we have to be careful and protect our property.
The best way to face this kind of chaos is to stay calm. Try to avoid blindly following market sentiment fluctuations, wait patiently for things to come to light, and finally figure out the true face of the digital currency world. Although the road ahead is bumpy, one day we will be able to see the light of day and understand the value of digital currencies.

#BTC #sec #太扯

In recent days, the U.S. Securities and Exchange Commission (SEC) has reviewed applications for Bitcoin spot ETFs from multiple institutions. This is bound to drive more institutional and individual investors to join this great cryptocurrency journey. However, it is not easy for investors to choose a Bitcoin spot ETF that suits them. Because each institution applying for a Bitcoin spot ETF holds different strategies and calculations for buying and selling Bitcoin, everyone must make careful decisions and act with caution!

$BTC

BlackRock, the world's largest management company, has already submitted a revised application to the SEC. Each share is equivalent to 0.001 Bitcoin. It also hopes to be listed on the New York Stock Exchange (NYSE), and its name is expected to be BTCU. In addition, big-name companies such as Ark Invest, Valkyrie, and Fidelity have also made efforts.

#ETF通过预期导致ETH生态轮涨至本轮小牛周期结束

Generally speaking, although the current Bitcoin spot ETF market is still being explored, this market has endless potential and provides many exciting investment opportunities. Moreover, there are countless opportunities behind this prosperity that need to be developed and explored. . Institutions such as BlackRock, Valkyrie, Ark Invest, Fidelity, Bitwise and Grayscale are all eager to try, and the future Bitcoin investment storm is brewing.

It is estimated that the probability of ETF passing this time is very high. Will there be any changes?

Let’s come to the message area to chat

Congratulations on the 15th anniversary of Bitcoin ($BTC )! 🥳

This block was mined on January 3, 2009 and is the first block in the Bitcoin blockchain. The transaction contains a hidden message:

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks."

The message was a reference to the 2008 financial crisis and was seen by many as a declaration of Bitcoin’s independence from the traditional financial system.

Bitcoin has come a long way over the past 15 years and is now a global phenomenon.
#BTC!💰 $BTC #15周年

Recently, the cryptocurrency market has once again attracted attention. A mysterious whale address transferred US$282 million USDT to the exchange today, which is part of the total of 2.2 billion USDT since October. Historical data shows that whenever this address is active, the Bitcoin price rises significantly in the following days.

But yesterday, Bitcoin experienced its worst plunge in months, plummeting from US$45,000 to US$40,750, and the entire network liquidated more than US$600 million. Despite this, the mysterious whale took action again today, and it seems that the market has new vitality. Analysts say this address may be a potential engine for this bull market.

The operation of this address is speculated to be a traditional institution in North America. Its movements not only affect the cryptocurrency market, but also trigger extensive discussions on future market trends.

As the approval date for the Bitcoin spot ETF approaches, the market is paying close attention to every move of this mysterious whale.

Bitcoin suffered its worst plunge in several months on the evening of yesterday (3rd), plummeting from over $45,000 to $40,750. The maximum drop was close to 10%, causing the entire network to liquidate more than $600 million. By the time of writing, BTC had fallen back to $43,088, with the 24-hour decline narrowing to 4.5%. What is the reason for this plunge? Is it because someone discovered a vulnerability in Bitcoin, or because someone discovered the founder of Bitcoin, or because someone discovered the truth about Bitcoin? We don’t know, but what we can be sure of is that this must be a super black swan event, because it scared all Bitcoin investors half to death.

Mavericks Engine transferred 282 million USDT to CEX. Yesterday’s sharp sell-off caused Bitcoin to fall to its lowest point since mid-December. However, it is worth noting that a mysterious whale address made another move early this morning (4th), and the chain The online analysis account Xiaohe (@RiverBTC2009) tweeted that the mysterious address (0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5), which he called "Maverick Engine",

On January 2, 60 million USDT were obtained from Tether, and another 222 million USDT were obtained the next day and remitted to the exchange. The actions of this mysterious address make people wonder whether he is making some big move, whether he is going to trigger a Bitcoin surge, a Bitcoin crash, or a Bitcoin crash. the big bang

? We don’t know, but we are sure that this must be a super bold plan, because it has all Bitcoin traders nervous and holding their breath.

This address has transferred the 282 million USDT to exchanges such as Coinbase, Kraken, and Bitgo. These exchanges are well-known compliance agencies, and their security and credibility are guaranteed. Why did the owner of this mysterious address choose these exchanges? Is it because he wants to protect his assets, is it because he wants to hide his identity, or is it because he wants to leverage the influence of these exchanges?

We don’t know, but what we do know for sure is that this must be a super smart choice because it has all the Bitcoin watchers scratching their heads.

So far, this mysterious address has transferred a total of 2.2 billion USDT to CEX. After the mysterious whale transfers USDT to the exchange, BTC usually experiences a surge. What kind of rule is this? Is it because the owner of this mysterious address has the ability to predict the future, or is it because the owner of this mysterious address has the ability to manipulate the market, or is it because the owner of this mysterious address has the ability to guide the wind?

We don’t know, but we are certain that this must be a super mysterious phenomenon because it makes all Bitcoin analysts feel powerless.

In comparison, the mysterious address can basically be determined to be one of the leaders of the spot market in this round of market. Every time the exchange is active, the market price rises, and when it is dormant, the price fluctuates/falls. What does the owner of this mysterious address want to do? Do you want to make more profits, test the market's reaction, or play with the market's emotions? We don’t know yet, but what we do know for sure is that it must be a super fun game to play as it has all the Bitcoin players following his ups and downs.

#BTC!💰 $BTC

The exciting DePIN track has gradually become one of the focuses of the encryption market. As the IoTeX team explained, this is not just a term used to describe the integration of resources in an emerging field, but its influence will spread as quickly as lightning. , and even affects every aspect of our lives. For this, as a loyal supporter of the encryption industry, I really feel extremely excited and happy.

As we all know, we have witnessed the forward thinking and bold practices of many outstanding companies such as IoTeX and Multicoin. As time goes by, innovative terms such as “MachineFi”, “Proof of Physical Work”, “Token Incentivized Physical Network” and so on have appeared in front of us.
So, have you ever been as curious as me, what do these terms mean? How do they lead us into a future world that is increasingly full of vitality and hope? Let me help you solve these doubts, and let us start the magical journey of DePIN together.

First, let’s explore what is real DePIN? Yes, it is actually the abbreviation of "Decentralized Physical Infrastructure Networks".

Simply put, this technology will bring about earth-shaking changes in our future life, allowing us to better manage and protect our physical assets, whether it is our cars, smart home devices or the metropolis we live in. infrastructure, they will all have the ability to create economic value on their own.

Behind this seemingly abstract concept, there is actually huge potential. It not only means the deep integration of machines and finance, but also heralds the arrival of a new era - the perfect integration of machines and finance, and an ideal society where the physical and digital are seamlessly linked.

In order to make such a great vision a reality, we need the support of multiple key technologies. For example, we need the protection of solid physical infrastructure; we need the support of efficient off-chain computing infrastructure so that these devices can create economic value; and we also need the driving force of sound protocols and token incentive systems. Only with the cooperation of all these factors can DePIN turn from theory into reality and truly expand a new world that belongs to us.
In the process, we will deeply explore the four core pillars of DePIN: physical infrastructure, off-chain computing infrastructure, blockchain structure, and token incentives.

These four key elements interact with each other, like the notes of a harmonious movement, to create a unique charm curve in the DePIN field.

How do they push DePIN from a dreamy concept to a reality? What profound impact can it have on our society, economy and even our daily lives?
Looking back on the past, from IoTeX's MachineFi to Multicoin's Proof of Physical Work, many creative words have sprung up, jointly promoting the formation of the DePIN theoretical system we are familiar with today. However, DePIN is by no means just an empty technical term, but is committed to leading us into a new era, a technological temple where machines and finance are organically combined, and physics and digital are perfectly connected.

Not long ago, IoTeX successfully led the arrival of this emerging field and gave this concept that organically combined “Machine” and “DeFi” a new name: “MachineFi”. In April of the same year, Multicoin also proposed the concept of "Proof of Physical Work" as a benchmark. This concept advocates a unique incentive model so that anyone can share existing goals.

In the following months, Lattice further deepened the connotation of "Token Incentivized Physical Networks" to describe those decentralized networks that use token incentives to encourage individuals to actively participate in network operations and deployment. Also in September last year, Borderless Capital proposed the strategic "EdgeFi" concept, covering a decentralized infrastructure network that focuses on the deployment of marginalized hardware resources closer to end users.

In November of this year, Messari launched a Twitter referendum campaign on this topic, with the goal of getting everyone involved to discuss and determine unified qualifiers to be used in this field.

In this event, candidate words include PoPW, TIPIN, EdgeFi and "DePIN" previously proposed by top network elites.

After intense discussion and voting, “DePIN” finally came out with a score of 81.18% of the vote won the contest, becoming the unifying qualifier in the field.

#DEPIN

Just a few days ago, when I was rummaging around in the currency market, a thought suddenly flashed through my mind: "Master Ma's coins are really unique in the world. You are well-deserved to be the most unsightly coin of the year. There is no boss." I can compete with you." As soon as I said this, the surrounding area immediately exploded, with curious glances thrown at me, accompanied by enthusiastic discussions.
Some of them had shining eyes, as if they were eyeing a big money-making deal; some had cold sweat on their foreheads, as if they were worried that this guy could harm their own money. But no matter what, "it will definitely be taken off the shelves this month", I declare to you that this is my final judgment on TRB.
$TRB , this guy seems to have mastered magic boxing gloves in the game of the currency market, wielding it freely, beating many small retail investors to death. This is by no means "just market behavior", but the banker's extremely clever trading technique. You can clearly see it clearly if you just open your eyes and take a look.
However, the currency circle is still in a hazy state of "facing the sea, spring flowers are blooming", and there is no relevant agency to conduct strict industry supervision. This can make you sweat. If the dealers are gaming the market like this, aren't they letting them do whatever they want?
Seeing this, some people may ask, since it is so lawless, will it still have a chance to rise back? I have to be honest - the chances are slim to none. So, they are ready to break the pot, and we just have to sit back and enjoy this visual feast, just like last night's trend was exactly the same as the previous GAS situation.

Do you often suffer from insomnia and want a gentle voice to accompany you to sleep? Are you tired of real relationships and want a perfect partner to fulfill your fantasies? If you have such a desire, then you must pay attention to Sleepless AI, an innovative dating simulation game project that combines AI and blockchain, which will issue its governance token $AI on the Binance Launchpool.

Sleepless AI is a new startup founded by a group of young people who are passionate about AI and blockchain. Their vision is to allow everyone to find their own virtual partner and establish a deep emotional connection with them. In order to achieve this goal, they developed two love simulation games suitable for users of different sexual orientations, namely "HIM" and "HER". Both games feature technology from AIGC and LLM, allowing virtual companions to dynamically adjust their personalities and behaviors based on player choices and interactions, creating a realistic and immersive experience.

Sleepless AI’s innovation and potential were recognized by Binance Labs, and it was selected as one of the four outstanding projects in the incubation program in August 2023. Prior to this, Sleepless AI had completed three rounds of token private sales, raising a total of US$3.7 million, accounting for 7.6% of the total token supply. Investors include Binance Labs, Foresight Ventures, and Folius Ventures, and it was last valued at $200 million.

Sleepless AI’s token economic model is based on a dual-token system, which is the governance token $AI and the in-game consumption token diamond. The supply of $AI is fixed at one billion, and is mainly used to vote on the game’s governance decisions, as well as enjoy discounts on purchasing diamonds and dividends from the game. The supply of diamonds is unlimited and is mainly used to purchase various props and services in the game to increase the interaction and fun between players and their virtual partners. Diamonds can be purchased with fiat currency or cryptocurrency, similar to the gold system of general online games.

The detailed token distribution method of $AI is as follows:
Binance Launchpool: 7% Initial airdrop: 1% Investors: 18% Team: 18% Short-term growth fund: 29% Long-term treasury fund: 27% (non-tradable)
Binance users can invest BNB, FDUSD and TUSD into SleeplessAI’s mining pool on the Binance Launchpad website starting at 08:00 on December 28, 2023, Taiwan time, to participate in the 7-day mining activity to earn Rewards of $AI tokens.It should be noted that users participating in mining need to complete KYC, and there is an upper limit for personal mining, as follows:

BNB Mining Pool: 33,333.33 coins per hour FDUSD Mining Pool: 4,166.66 coins per hour TUSD Mining Pool: 4,166.66 coins per hour

In addition, Binance also announced that it will officially list $AI spot on the exchange at 18:00 on January 4, 2024, Taiwan time, allowing more users to buy, sell and hold this interesting token.

The biggest difference between Sleepless AI and other love simulation games is that it allows players to establish a real and deep emotional relationship with their virtual partners, rather than just one-way consumption and entertainment. This is because Sleepless AI uses LLM technology to allow the virtual partner to continuously learn and evolve based on the player’s preferences and feedback, thus becoming more and more in line with the player’s ideal type. Players will find that virtual partners can not only provide warmth and comfort, but also display a variety of human emotions, such as anger, jealousy, naughty, etc., just like real lovers.

In addition, they also want to cooperate with celebrities and animation IPs to launch some limited virtual companion styles, so that players can have closer contact with their favorite celebrities or characters. Perhaps in the future, we will be able to see the birth of the AI+blockchain version of "Love and Producer".

The biggest difference between Sleepless AI and other love simulation games is that it uses AI and blockchain technology to allow virtual partners to dynamically adjust their personalities and behaviors based on the player's choices and interactions, thereby creating a real and realistic relationship. An immersive experience. Players can engage in various activities with their virtual partners in the game, such as chatting, dating, intimacy, etc., and feel the love and care of their virtual partners. In addition, each player's virtual partner is unique and will be made into SBT and airdropped into the player's wallet as the player's exclusive soul mate. Such a game can not only satisfy the emotional needs of players, but also allow players to participate in the governance and benefits of the game and enjoy the decentralization and transparency advantages of the blockchain.
Click on the AI ​​below to view detailed information
AI

#ai #web3+AI #bnb $NFP $ai

#BTC 准备在今年收官价低于45,000美元。尽管如此，#加密货币社区仍保持积极态度，许多人期待2024年第一季度有个好的开始，并且在2024年初可能会升破$50,000。

BTC
$BTC
#Bitcoin

to warmly celebrate! Dow breaks record, U.S. stocks perform well in short term
Dear readers, the long-awaited US stock trading has finally come to an end. Even affected by the year-end holiday closures in Europe and the United States, the investment market still showed passionate vitality. As of the first day of the year-end questionnaire, the Dow Jones Index closed at the bottom with a brilliant 188.44 points, successfully breaking the historical record, and the final performance was extraordinary! Another significant change is that the S&P 500 Index has also climbed slightly by 0.14%, and is now less than 0.5% away from the closing record of 4796.56 points set in January 2022. It can be said to be very powerful!
Bitcoin rises steadily, Ethereum challenges the highest price this year
In the field of digital currency, although Bitcoin $BTC has always maintained a range-bound trend, our enthusiasm for it has never diminished. On the other hand, Ethereum (ETH) is valiantly challenging the highest price of the year, with its sights set on the eye-catching peak of $2,403. Although market hot spots change frequently, we firmly believe that the potential of high-quality assets will be tapped to the maximum extent.
It is worth noting that volatility will become the norm in the future development of the market, and it is also crucial to seize opportunities. For Bitcoin and other digital currencies, they may be ushering in a new boom. Let us look forward to this promising investment blue sky bringing everyone rich harvests!
Capital leader temporarily takes advantage, Binance’s performance is gratifying
We are particularly honored to tell you that our industry leader, the Binance platform, has once again become the focus of the topic with its excellent market performance and service quality. According to analysis by industry professionals, despite facing fierce competition from all aspects, the recommended status of the Binance platform will not change. As Binance CEO Mr. Richard Teng said in an interview yesterday, Binance now has a global user base of more than 170 million, which is very encouraging!
In addition to this, the Binance platform has also launched a unique Launchpool project - "AI", which enables users to mine BNB, FDUS and TUSD. This new move undoubtedly greatly increased the value potential of BNB, prompting its price to rise to $320, once again proving the strength and charm of Binance.

MicroStrategy’s share price soared 11%, with the full-year increase outpacing Bitcoin.
Let’s talk about the micro-strategy company that we have been paying close attention to recently. In the past day, their stock price soared by as much as 11%, which really caused a market storm! It is particularly worth mentioning that since this year, the company’s stock price has increased by a full 314%, far ahead of Bitcoin’s 163%. Even if the market is turbulent, they still stick to their beliefs and move forward bravely. This fighting spirit is admirable.

Yesterday, in a way that was difficult for onlookers to predict, MicroStrategy announced that they had purchased another 14,620 Bitcoins at an average purchase price of $42,110 per coin. Such operations have undoubtedly solidified their position as the market leader and allowed the company’s total Bitcoin holdings to climb to a staggering 189,150 BTC, with an average cost as low as $31,168. The total amount of unrealized profits has reached an astonishing US$2.3 billion, which all proves that their decision-making is undoubtedly correct and forward-looking!

Dear friends, let us look forward to welcoming the new year together. I wish everyone a smooth investment and abundant financial resources in the new year!
$BTC #btc #BNB #BTC

oops! It seems that the growth in market value of stablecoins is an interesting phenomenon in the cryptocurrency market! You see, in the past two months, the market value of stablecoins has grown at an astonishing 3.36%, an increase of approximately US$5.6 billion! What does this mean? Let’s analyze it in detail.

The first thing to talk about is the powerful stablecoin issuers, whose actions have extraordinary influence on the entire cryptocurrency market. Recently, we have noticed that Tether, the leader in the stablecoin market, has made a large-scale operation on the Ethereum network: it has issued an additional 1 billion $USDT, which has undoubtedly injected new vitality into the entire market! This news has attracted the attention of many media, and everyone is eager to understand how it will affect the future market trend.

Moreover, the additional USDT inventory of USD 1 billion issued by Tether on the Ethereum network is only an authorized transaction that has yet to be issued. In other words, this fund will serve as inventory for subsequent issuance requests and on-chain exchanges.

However, this does not prevent us from feeling this wonderful change in the cryptocurrency market from a macro level. After all, the influence of USDT, which accounts for more than 50% of the global stablecoin market value, cannot be ignored!

Let’s talk about the profound impact that the market value growth of stablecoins has on the cryptocurrency market.
According to data, the booming development of the stablecoin market has caused capital to begin to flow into the cryptocurrency market, bringing a huge supply of liquidity and undoubtedly promoting transaction activities on various blockchains.
The market value of stablecoins has undoubtedly become an important source of motivation for the start of the bull market!
According to data from Defilima, the current overall stablecoin market value has reached approximately US$125 billion, of which USDT accounts for 72.78%, almost reaching a peak of US$91.2 billion. Looking back last month, we noticed that USDT’s market capitalization growth rate was as high as 2.83%, which undoubtedly revealed its continued growth trend.

However, are there market risks hidden behind this exciting data? In fact, this just indicates that more and more investors are gradually paying attention to and recognizing the stablecoin market, which is also a key link in improving the stability of the digital currency market.

As the market value of stablecoins continues to rise, investors and users have developed stronger trust in the cooperation agreement and the public blockchain, and are willing to increase their locked positions on this basis, thereby promoting a sharp increase in the total locked positions. The more exciting news is that at the end of October this year, the supply and demand pattern of the stablecoin market reversed. After the market value growth in the first 2.5 months, it reached a huge increase of 3.36%. The overall stablecoin market value also slowed down as the gears turned. Slowly increase. You see, the growth in the market value of stablecoins can be said to be one of the important ballast stones to ensure the stability of total locked positions in DeFi cooperation agreements and public blockchains.

In the past, the DeFi field has always been market-oriented by stablecoins. As the inflow of stablecoins has grown steadily, the total locked positions of DeFi protocols and public blockchains such as Ethereum have also received effective support. Not only that, the growth of the stablecoin market has also resisted external instability factors to a certain extent, thus providing strong support for the stable operation of the cryptocurrency market. Of course, whether it is the growth of the market value of stablecoins, or its promotion of DeFi cooperation agreements and the stability of total locked positions in public blockchains, all of this is inseparable from the efforts and active promotion of major stablecoin issuers.

Looking to the future, the cryptocurrency market will continue to maintain this booming momentum, and the growth of the market value of stablecoins will also become one of the important driving forces for market growth.

In particular, those stablecoins with a relatively high market capitalization and strong strength, such as USDT, will continue to play a decisive role and become a key force in promoting the stable development of the market.

Overall, the growth in market value of stablecoins, both at the macro and micro levels, reflects their important role in promoting the development of the cryptocurrency market. We look forward to seeing that, with the active promotion of the stablecoin market, the cryptocurrency market can continue to develop healthily and bring broader development prospects to more investors and users.
#usdt #sol #near

[A big analysis of the Christmas Bitcoin market! 】There will be an analysis of the Spring Festival later this Christmas. Will Bitcoin bring surprises? In 2023, the price of Bitcoin showed a rapid upward trend, once approaching a high of $45,000. But as the final countdown to the end of the year approaches, will the price of Bitcoin return to the lows of previous years? Let's review the data from 2017 to 2022. During the Christmas period, Bitcoin's price performance mostly showed a downward trend. But in the past Christmas, there was one year when prices actually increased, and that was 2017. So this year, with multiple good news such as the potential approval of spot ETFs, the halving narrative and interest rate cut expectations, investors’ expectations for Bitcoin have reached a new high. So, can Bitcoin reverse its decline at Christmas in 2023 and draw a perfect end to the end of the year? Will the price of Bitcoin be affected by the international political and economic environment this year and bring about special price changes during this festival?

Next, we will sort out the price changes of Bitcoin during the Christmas period in the past six years for you:
2022: During the Christmas period, Bitcoin prices experienced a downward trend, falling by 2.7% throughout the Christmas period. During this period of 2022, the price of Bitcoin fell sharply, disappointing investors.
2021: During the Christmas period, Bitcoin prices once again trended downward, falling 11.9% throughout the Christmas period. The price changes of Bitcoin this year have been particularly outstanding, exceeding most people’s expectations.
2020: During the Christmas period, Bitcoin prices experienced an upward trend, rising by 22.3% throughout the Christmas period. Although the price performance of Bitcoin this year was not as impressive as that of 2017, it still attracted the attention of many investors.
2019: During the Christmas period, Bitcoin prices experienced a downward trend, falling 1.1% over the Christmas period. The price performance of Bitcoin this year is no exception. Although the price fluctuations are not large, the overall price is still in a state of decline.
2018: During the Christmas period, Bitcoin prices once again trended downward, falling 5.3% over the Christmas period. The range of Bitcoin price changes this year is not difficult to understand, because the Bitcoin price has been declining throughout 2018.
2017: During the Christmas period, Bitcoin prices experienced an upward trend, rising 4.1% over the Christmas period. During this year, the price performance of Bitcoin was relatively stable, with little price fluctuation throughout the year.

Bitcoin prices are generally relatively stable during the Chinese New Year because most market participants will be on holiday during this period, so transaction volume will be relatively small and volatility will be small.
Investors are also starting to focus on the outlook for 2024. Especially during the Spring Festival, what will be the price trend of Bitcoin? Can historical data give us some hints?
We started in 2017 and counted the rise and fall of Bitcoin in the seven days before and after the Spring Festival every year. The date of the Spring Festival is determined according to the lunar calendar, so it varies every year.
We use data provided by CoinMarketCap, priced in USD. Here is the result we got:
2023: Up 8.2%
2022: Down 9.7%
2021: Up 6.4%
2020: down 2.3%
2019: up 3.1%
2018: down 15.6%
2017: up 1.7%
From the above data, we can see that there is no obvious pattern in the performance of Bitcoin during the Spring Festival. Sometimes it rises and sometimes falls, and the range of rises and falls is not necessarily large. This may be related to the global and decentralized characteristics of Bitcoin. Investors in different countries and regions may have different holiday habits and emotions, so the demand and supply for Bitcoin will also change. In addition, the price of Bitcoin will also be affected by other factors, such as market sentiment, technological innovation, policy changes, competing currencies, etc.
Therefore, we believe that Bitcoin’s Spring Festival market is not a good predictor and investors should pay more attention to Bitcoin’s long-term value and development trend. In 2024, Bitcoin may face some new opportunities and challenges, such as the approval of spot ETFs in the United States, the Bitcoin halving event, the Federal Reserve’s interest rate cut expectations, etc. These factors may have a significant impact on the price of Bitcoin. Investors should pay close attention to market dynamics, manage risks, and seize opportunities.
#BTC！ #圣诞行情 #过年

In this industry, new scripts are staged every day, and today’s protagonist is none other than Cancun Upgrade! This upgrade was postponed for a whole year, and finally set its chapter in early 2024. Like a new season preview for a TV series that has fans refreshing the page again and again in anticipation of that "coming soon" transitioning into "now playing."
Recently, Solana seems to have taken a boost, with the price approaching $100. In the cryptocurrency world, this number is like reaching a certain level of nobility, and everyone wants to have a noble friend. The soaring price of $SOL not only made it a hot topic of discussion, but also attracted various predictions. Some even claimed that Solana will reach the top next year, surpassing Ethereum, which is like a preview of the upcoming power. game.
On the other side of the camp, #ArthurHayes , the founder of BitMEX, is also playing his prediction game. He said that he received instructions from God during meditation, telling him to sell SOL and buy ETH. His decision was like dropping a stone in the quietly flowing ether ecology, causing ripples in circles.
But these are just the triggers for today’s drama. The real drama unfolds at OP. In a world dominated by Bitcoin, Ethereum has always maintained a low profile, like that quiet academic master, until one day it exploded and made everyone look at it with admiration. Recently, OP's performance has been impressive. Every correction and rebound seems to be saying: "Be optimistic about me!"
Now, funds are quietly flowing into $OP , as if they are accumulating energy, waiting for the opportunity to explode. Today may be just a small test, but in the next January and February, ETH and its potential energy will be worth looking forward to.
The Cancun upgrade was the climax of the drama. This upgrade will bring lower fees to L2 users, and for L2 operators, lower costs mean higher profits. It's like sending a red envelope to everyone, but the size of the red envelope depends on each company's strategy.
Now, various technical analysis tools such as MACD are showing buy signals, as if saying to everyone: "Look! There is something good going on here!" If the bulls can push the price higher, the OP may test it in the near future Higher price point. But if the bears gain the upper hand, prices could fall back a bit.The outcome of this drama depends on the performance of the market leaders.
But let’s not forget that amid all the noise and predictions, it’s the users and the market that ultimately decide everything. So grab your popcorn and prepare your observation eyes, the drama of Cancun’s upgrade has just begun! $ARB $matic #BTC #ETH/USDT

Do you think SOL can break through 100? Or can it break through 200?

Solana, a new cryptocurrency giant: its market value surpasses BNB and ranks fourth!

Amazing surge for Solana (SOL)!
🚀 Solana’s price performance since mid-October has been impressive. Not long ago, the price of $SOL on Binance futures hit $99.5, with an increase of an astonishing 17% in 24 hours. What’s even more exciting is that its market value has surpassed BNB, becoming the fourth largest cryptocurrency by market value!
🌍 This achievement is no accident. Solana’s strong performance is driven by its unique position in the cryptocurrency market. As an efficient public chain platform, Solana’s performance in decentralized exchanges (DEX) is particularly outstanding. In fact, the average seven-day trading volume of Solana DEX exceeded ETH for the second time in history, and the single-day trading volume exceeded $1.2 billion.
💡 What’s the reason behind this? First of all, Solana has attracted a large number of users and developers with its high performance and low cost. Secondly, analysts at Messari also regard Solana as an investment consensus, believing that support for Solana in emerging areas such as AI tokens and DePIN will further enhance its market position.

🌐 Faced with such a new cryptocurrency star, we can’t help but ask: Where will Solana’s future go? Will it continue its impressive growth momentum? As the cryptocurrency market matures, we will continue to monitor the trajectory of emerging currencies such as Solana.
Friends, let us witness this new chapter in the cryptocurrency world!
#Solana #Marketvalue fourth #BNB🔥
#DePIN #AI代币 #sol

Hello everyone! Today, we are going to talk about a seemingly complex topic, but in fact it is closely related to each of us - the policy shift of the U.S. Federal Reserve (Fed).

📅 Going back to March 2022, we witnessed the Fed embarking on an unprecedented aggressive monetary tightening cycle. But now, things seem to be changing dramatically. The latest news shows that the Fed has begun to suspend interest rate increases and maintains the federal base interest rate between 5.25% and 5.50%. What does this shift mean?

First, it means that consumer confidence in our economy is beginning to shine again, and the pace of future interest rate cuts is becoming clearer. According to Bloomberg, Wall Street economists’ bold forecasts for the U.S. economy show that although not optimistic, the Fed’s positive signals will digest the previous negative impact in the short term.

🌍 Faced with challenges such as the Sino-US trade war and high deficits, economists believe that compared with the 2020 epidemic and the global financial turmoil at the beginning of the century, this economic downturn will be moderated. Goldman Sachs is even more radical, arguing that the main risk we face now is a reacceleration of economic activity, not a recession. $BTC

🎯 In the FOMC decision in December, the Fed took a critical step by admitting the mistakes they made and suspending the implementation of interest rate increases. This indicates that the global situation may usher in a clear trend of interest rate cuts in 2024. As the policies of the world's leading economies return to stability, we have reason to believe that the global economy will maintain stable growth in the next few years.
So, friends, despite the macroeconomic challenges, we don’t need to worry too much. As Fed Chairman Powell said, interest rates will be cut three times next year, each time by 25 basis points. This move is expected to arouse widespread optimism in the market. $SOL
Let us look forward to a new starting point for the global economy and welcome a more stable development future!

Several aspects are already so optimistic, so does it mean that Bitcoin will not rise high next year?

If you think what I said is right, please follow me and let us predict the bull market next year.

#美联储降息 $INJ
#经济政策
#全球经济 #金融市场 #货币政策紧缩

China promotes the development of Web3 industry, let’s see what the Industry and Information Technology says

The Chinese government's promotion of the development of the Web3 industry is expected to move to a deeper level. On October 19, the Ministry of Industry and Information Technology of China expressed its great importance to the Web3.0 industry and decided to promote Web3.0 technological innovation and high-quality development, create a Web3.0 development strategy document that is in line with my country’s national conditions, and encourage the development of NFT, Emerging business models such as Decentralized Application (DApp for short).
Mr. Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference and a member of the Hong Kong Legislative Council who is committed to promoting the development of the Web3 industry, specially proposed the "Proposal on Promoting the Development of the Web3 Industry" when he attended the two sessions of China in March this year. He put forward constructive opinions on strengthening China's Web3.0 technology research and development, establishing relevant standards and cultivating professional talents.
In response to this proposal, China's Ministry of Industry and Information Technology issued a formal reply on the 19th, emphasizing the department's enthusiasm for the development of the Web 3.0 industry and listing in detail the work results that have been achieved. These achievements can be summarized into the following four levels: unremittingly optimizing the policy environment, continuing to deepen technological exploration, rapidly promoting application cultivation, and steadily promoting standard development.

In addition, China's Ministry of Industry and Information Technology also said that they have introduced many positive policies for blockchain, such as promoting the release of China's first national standard in the field of blockchain technology - "Blockchain and Distributed Accounting Technology Reference Architecture" . At the same time, some domestic research institutions are also closely tracking the international blockchain landscape and development. Moreover, various Web3.0 application scenarios have been covered in many fields such as industry, medical care, education, tourism, etc., and many network companies have also launched a large number of related products such as digital collections and metaverses.
In the next phase of the plan, China's Ministry of Industry and Information Technology stated that it will further strengthen collaborative interaction with other relevant departments and vigorously promote Web3.0 technological innovation and high-quality industrial development. They listed four key directions for future work:
The first is to improve the top-level design: it is necessary to strengthen the investigation and research of Web 3.0, formulate a Web 3.0 development strategy document that is in line with China's national conditions, clearly define the development path, technical focus and application model of Web 3.0, and properly coordinate inheritance and innovation, development and security , government and market, supply and demand and other important relationships.In particular, innovative business models, such as NFT and decentralized applications, will be encouraged in key areas such as government affairs and industry to promote the innovative applications of Web 3.0 and the construction of a digital ecosystem.
The second is to strengthen technology research and supervision: we must fully support enterprises, universities, scientific research institutions, etc. in conducting in-depth research on the Web3.0 technology system and achieve major breakthroughs in key core technologies in cross-chain, privacy computing, smart contracts, etc. At the same time, it is necessary to implement research on blockchain security supervision and governance technology, promote research on the convergence of alliance chain technology and cross-chain mutual recognition, and provide exploratory thinking for a blockchain technology system framework that takes into account the open characteristics of the public chain and the easy supervision characteristics of the alliance chain. In addition, it is also necessary to increase support for data security product development and strengthen network product security vulnerability management, thereby improving network and data security protection capabilities in the development process of Web 3.0.
The third is to carry out international exchanges and cooperation: we must keep an eye on the cutting-edge developments surrounding Web 3.0 from the international political, industry, academic and research circles. Encourage scientific research institutes, universities, enterprises, etc. to participate in global standardization activities related to Web 3.0, promote participation in or even lead the formulation of international standards, de facto standards, and international alliance standards related to Web 3.0, so as to improve our voice and influence in the international community. Rule-making power. At the same time, it is necessary to increase the training of comprehensive talents to cultivate an innovative high-end talent team.
The fourth is to increase technology publicity and promotion:
1. Make full use of existing science popularization platform resources and enhance the general public’s understanding and awareness of Web3.0 technology through the dissemination of science popularization China and other official new media platforms.
2. Promote application pilots such as decentralized digital identity (DID), explore institutional and individual Web3.0 digital identity authentication and digital asset management systems, build data governance and transaction circulation mechanisms, and formulate typical demonstration plans that can be replicated and promoted.
The development prospects of Web3.0 in China are unlimited. With the rapid development of science and technology, the Internet economy has become an important driving force for national economic growth, and Web3.0, as a brand-new Internet ecosystem, will bring more opportunities to China's economic development.
First, Web3.0 will provide Chinese enterprises with more innovation opportunities. Through distributed ledger technology, Web3.0 can achieve the security and transparency of digital assets, allowing enterprises to operate and innovate more efficiently.In addition, the decentralized nature of Web3.0 also provides a fairer competitive environment for start-ups and promotes the development of China's technological innovation.
Secondly, Web3.0 will also promote the development of China's digital economy. The decentralized nature of Web3.0 enables user data to be more securely protected, thus attracting more users to enter the digital economy. As more and more users use digital products and services, China's digital economy will develop rapidly, injecting new vitality into China's economic growth.
Finally, the development prospects of Web3.0 in China are also reflected in policy support. With the gradual development of Web3.0, the government has also begun to pay attention to the development of this field. Some local governments have issued corresponding policies to encourage enterprises and individuals to participate in the construction and development of Web3.0. This will also promote the further development of Web3.0 in China.
Therefore, it can be said that the development prospects of Web3.0 in China are very broad. With the continuous advancement of science and technology, we have reason to believe that Web3.0 will bring more opportunities and challenges to China's economic development.

#工信 #web3 #btc #BinanceWish $BTC $1000SATS