BNB Chain announced that Lido Finance, the Ethereum liquidity staking protocol, has officially joined the BNB Chain ecosystem. Users can now cross-chain $wstETH to BNB Chain via Portal Bridge. Simply visit http://portalbridge.com, select $wstETH and the starting network, enter the amount to cross-chain, and select BSC as the target network.

Now the core problem of Meme is just one. The community, themes, and conspiracy groups are all superficial rather than the root cause. The essence is that Pumpfun and Trading Bot extract 2-3m USD of hot money from the chain every day, and basically do not flow back to the market. To put it more vividly, this number is equal to 10 pools of 10M tokens with a market value of 10M, while the entire SOL chain only produces a normal 10M project every 3-5 days at most.

BOB co-founder Alexei Zamyatin tweeted to share a new white paper on the second version of the Bitcoin Virtual Machine, BitVM2, and the updated BitVM Bridge, which he released with Bitcoin scaling developers. The white paper details the latest achievements in improving transaction efficiency within the Bitcoin network by improving transaction processing capabilities and, in some cases, updating encryption methods. The white paper states that the main goal of BitVM2 is to increase Bitcoin's transaction capacity without modifying Bitcoin's core code or principles such as decentralization. BitVM2 introduces a permissionless system that allows any user to question suspicious transactions. In addition, the white paper mentions improvements to the BitVM Bridge, focusing on reducing capital requirements and shortening asset lock-up periods, which support cross-chain between Bitcoin and Rollup.

Currently#btcis over $58,500 $eth $op $arb continues to fall $sushi is $0.56 The price is getting lower and lower In the current market, only pumps make money This is a pvp harvesting model Retail investors lose a lot of money Market liquidity is taken away by memes What a pity $bibi #Bitcoin

Strategies for earning profits in the cryptocurrency world:

1. Be patient, as the market only rises 5% of the time.

2. Avoid frequent market checks and reduce unnecessary operations.

3. Overcome fear and buy at low points.

4. Perform effective position management.

5. Avoid short-term trading and focus on medium- and long-term investment.

6. Use idle funds for investment and do not borrow money to speculate in cryptocurrencies.

7. Buy high-quality currencies at the bottom, hold them for the long term, and sell them in batches.

8. Adhere to the concept of value investment, gradually accumulate wealth, and achieve steady appreciation.

Binance Futures will launch the GUSDT perpetual contract at 20:30 on August 15th, Beijing time, and the RAREUSDT perpetual contract at 21:00, with a leverage of up to 50 times. It is reported that Gravity (G) is the ecological token of the L1 blockchain Gravity, and SuperRare (RARE) is the governance token of the on-chain art trading market.

Market analysis:
BTC: Yesterday, the price of Bitcoin fell after hitting a high. The daily chart closed with a long upper shadow line. For Bitcoin, the price did not recover above the 200-day moving average, and the medium-term trend is still bearish. Yesterday, the price tested the 200-day moving average again and fell back. As a turning point of the medium-term trend, the 200-day moving average should not be able to go up so quickly. Yesterday's fall did not affect the short-term small range fluctuations. Today, just focus on the 58,000 support. During this period, I have been telling you that the strategy of buying on dips remains unchanged. Yesterday's fall can be considered to be built first. 58,000 can be entered with a light position first. The next one is 55,000, and the entry is staged. For those who want to take the 58,000 contract, light positions with stop loss, stop loss at 57,400.
In addition, when the price approaches 61,500, it is not advisable to chase orders, because when there is no obvious direction, 61,500 is the high point of the fluctuation during this period, and it is also close to the medium-term pressure level.

ETH: Yesterday, Ethereum hit a new high in the past few days and then fell back. The highest price was close to 2800. The daily chart closed with a small negative line with a long upper shadow. Ethereum finally came to the mid-term turning point pressure, but it will not be able to break through so quickly. It is normal to fall back. In the later period, everyone will continue to pay attention to the 2850 price. Only by recovering this position can the mid-term weak trend be changed. Yesterday's fall did not affect the recent upward shock. For spot traders, the fall is the opportunity to build a position. In stages, 2620 will be a light position first, and the next one is around 2450. If you want to buy a contract, remember to bring a stop loss, stop loss 2590.
In addition, when the price approaches above 2700, it is not advisable to chase orders, because when there is no obvious direction, 2700 is the high position of shock during this period, and it is also close to the mid-term pressure level.
Yesterday, the Bitcoin ETF saw an outflow of $13.89 million, and the Ethereum ETF saw an outflow of $5.3 million (excluding BlackRock data). The outflow was mainly from Grayscale, while other institutions mainly increased their holdings.

According to Trader T monitoring, hedge fund Millennium Management reduced its holdings in spot Bitcoin ETFs in the second quarter: FBTC was reduced by 14%, and now holds $589 million; IBIT was reduced by 48%, and now holds $371 million; GBTC was reduced by 52%, and now holds $82 million; BITB was increased by 71%, and now holds $65 million; MSTR was increased by 8837%, and now holds $121 million.

The mini-games on TON easily have millions or tens of millions of user data, which may make the users and data on traditional chains feel ashamed. I remember that the rapid scale-up of GPT when it appeared also made people in the cryptocurrency circle a little frustrated. Fortunately, Telegram is an ecosystem that has joined and embraced it. L1 aptos and the exchange Hashkey both launched products quickly. I feel that all participants in the industrial chain assembly line of the crypto world should seriously think about how to make TG products.

OpenAI is essentially a small VC.

It invests money, and the recipients are the smartest PhDs in the world. The profit is a gamble on the emergence of GPT, DALLE, and Sora-level jobs in the future.

As long as OpenAI is still alive, the smartest PhDs in the world will frantically submit their resumes to squeeze in, and together they will be crazy about it. In this way, a DALLE, GPT, and Sora-level revolution will emerge every year.

GPT will be surpassed, but OpenAI is betting on the next track.

Currently, there are only a few coins that can be played in the Bitcoin ecosystem

Runecoin: It doubled in a week, but the price was too high, so there are not many people on the bus

Pizza is favored by many bigwigs, and there is an expectation of a good performance, and unisat layer 2 may use pizza as gas

Sats: SATS becomes the gas fee for brc20 swap on the Bitcoin mainnet and fractal network

Dog: Rune faucet, adjusted in place

Digital asset trading firm STS Digital has acquired Swiss cryptocurrency market maker flovtec to expand its market making capabilities and enhance liquidity solutions. Potentially enhanced services include regulated custody services, customized liquidity solutions, and trading strategies. In addition, flovtec’s regulatory status in Switzerland may help STS Digital expand its business in the European market.

According to SoSoValue data, yesterday (August 13, Eastern Time), the total net inflow of US Ethereum spot ETFs was $24.3412 million. Yesterday, Grayscale Ethereum Trust ETF ETHE had a net outflow of $31.01 million. Grayscale Ethereum Mini Trust ETF ETH had a net outflow of $0.00. The Ethereum spot ETF with the largest net inflow yesterday was BlackRock ETF ETHA, with a net inflow of $49.1244 million. The second was Fidelity ETF FETH, with a net inflow of $5.4132 million.

When the market is good, playing blockchain games is worse than playing anything else!

When the market is bad, many people think of blockchain games again, and feel that the blockchain game track is really rare in WEB3, and it has not been completely falsified, and it has been slowly developing in a positive direction.

However, in this round of blockchain games, the mainstream gameplay of blockchain games has become NFT and limited-time testing mode, and the testing period mostly adopts a points system instead of issuing coins at the beginning.

The project party is not a fool, and the reason for doing so is actually easy to understand. Because if you can't be sure that there will be a large number of buyers or consumers, no matter how awesome your token economic model is, it will be awesome if it can withstand three months of opening.

In other words, once the coin is officially issued, the window period is only about three months, and even when the market is not good, it is possible to have three weeks and three days. Most project parties cannot get enough newcomers in such a short time (such as going to a big exchange, breaking the circle to overseas, or even getting consumers, etc.).

So how to break the deadlock? Most of the blockchain game project parties in this round have tacitly chosen the NFT and multi-round testing solutions. NFT is easy to manage market value, and the multi-round testing solution can artificially extend the life cycle, leaving enough opportunities for themselves to wait for opportunities.

As blockchain game players, we can certainly say that as long as the market is pulled, I can make money as an early player, so why bother so much? ! But as project parties, they are impossible to accept this theory. Unless the market is pulled, the project party will smash it first, otherwise they will not make money, and they will not make much money by smashing the market directly, so the project party must consider the big profits on the exchange. As for the exchange, let’s not talk about how difficult it is, we must first ensure that we can survive until the moment of listing, right? The limited-time testing mode is an effective mode that can artificially extend the life cycle.

UniSat founder Lorenzo wrote that Fractal, a Bitcoin scaling solution, reset OP_CAT on the testnet today and will activate OP_CAT on the mainnet on the first day of September. It is currently developing 3-5 methods of cross-chain bridges to cross assets from the Bitcoin mainnet to Fractal. Fractal will have a developer program that may be much larger than any form of airdrop, which will be aimed at projects that have an impact on the real-world adoption of Bitcoin scaling. It will support BRC-20, Runes and some other natively supported Bitcoin protocols, and use a modular approach to make them interoperable. It will gradually enable an advanced Bitcoin virtual machine to enable applications to be built within TapRoot. It has also tried an off-chain execution model in BRC-20-Swap, which will become Fractal Swap or a possible PizzaSwap.

Simon Gerovich, CEO of Metaplanet, a Japanese listed company, said that the company has purchased an additional 500 million yen (about 3.38 million US dollars) worth of BTC. Metaplanet currently holds a total of 303.095 BTC. Previously, Metaplanet announced on August 8 that it had obtained a loan of 1 billion yen (0.1% annual interest rate), and the proceeds will be used to purchase additional BTC.

HashKey Group COO Livio Weng said that they are actively promoting the staking function of Ethereum ETF and believe that it will be implemented within this year to meet the needs of customers with outflows of US dollars and US bonds. He said that with the implementation of this year's interest rate cut policy, interest rates are expected to fall to a lower level next year, which will force investors to reconsider their investment strategies. Staking of ETH ETF may be an attractive alternative.

According to Arkham monitoring, three weeks later, the Golem multi-signature address: 0x7d...6CF9, which raised 820,000 ETH in the ICO in 2016, transferred 2,000 ETH to the transfer address 0x15...3b94 at 12:50 UTC+8 today, worth about 5.32 million US dollars; then the transfer address transferred a total of 650 ETH to Coinbase Deposit in two times, and it is expected that all will be transferred to Coinbase later. Currently, the Golem multi-signature address: 0x7d...6CF9 still holds 28,834 ETH, worth about 76.68 million US dollars.

What is a good time and a good market?

It is a time and market where people below the average level can make money.

At this time, people who are far above the average level can take their funds to the next level.

What is a bad time and a bad market?

It is a time and market where most people above the average level are also losing money.

At this time, people who are far above the average level are constantly struggling between profit and loss and gradually become gamblers.