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MANTRA is excited to announce an exciting new giveaway for the Sherpa community 🎁

Head over to Binance Square Giveaway and follow the steps to participate!
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MANTRA is excited to announce an exciting new giveaway for the Sherpa community 🎁

Head over to Binance Square Giveaway and follow the steps to participate!
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#币安合约锦标赛 ❤️ The threshold is low and you can share a lot of money! Divide 4.2 million U, and participants will receive medals for their activities to "determine the final prize share" 📌Old users can participate in team/individual competitions 🎁Welcome bonus: New contract users will share 300,000 U 🚀Team competition: Join the team and share 1.8 million U 🥊Individual competition: share 900,000 U 🔥Join "Thunder Squad" to get bonuses: https://www.binance.com/zh-TC/FGT/JUNE2024?referral=878-Tienboy 💛 Oda Binance’s exclusive code [TYPC6743] will give you a lifetime reward of 40% of the handling fee: https://www.binance.com/zh-TC/join?ref=TYPC6743 $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT)
#币安合约锦标赛 ❤️ The threshold is low and you can share a lot of money! Divide 4.2 million U, and participants will receive medals for their activities to "determine the final prize share"
📌Old users can participate in team/individual competitions
🎁Welcome bonus: New contract users will share 300,000 U
🚀Team competition: Join the team and share 1.8 million U
🥊Individual competition: share 900,000 U
🔥Join "Thunder Squad" to get bonuses: https://www.binance.com/zh-TC/FGT/JUNE2024?referral=878-Tienboy
💛 Oda Binance’s exclusive code [TYPC6743] will give you a lifetime reward of 40% of the handling fee: https://www.binance.com/zh-TC/join?ref=TYPC6743

$BTC
$ETH
$BNB
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$SOL The following is what I dreamed about. The ETH ETF is about to be announced, so I prepared a bunch of information just to do something! Let ETFs pass ✅ What about the follow-up? Who will the ETH ETF look for next after its successful passage? Then I think it is the SOL ETF, just like when the BTC ETF rose, it was not Bitcoin but Ethereum. After the ETH ETF was announced this time, it will be easy for everyone to find the next target ~ I think SOL can be laid out $BTC $ETH
$SOL The following is what I dreamed about. The ETH ETF is about to be announced, so I prepared a bunch of information just to do something! Let ETFs pass ✅

What about the follow-up? Who will the ETH ETF look for next after its successful passage? Then I think it is the SOL ETF, just like when the BTC ETF rose, it was not Bitcoin but Ethereum. After the ETH ETF was announced this time, it will be easy for everyone to find the next target ~ I think SOL can be laid out $BTC $ETH
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$BTC Trump threatened: If you support cryptocurrency, you’d better vote for me! " Donald Trump’s campaign announced on Tuesday that it will begin accepting cryptocurrency donations, describing the move as an effort to unite opponents of “socialist government control” of U.S. financial markets and threatening to “build a A Cryptocurrency Army” to counter Democratic Senator Elizabeth Warren’s “Anti-Cryptocurrency Army” The Trump campaign stated in a press release that supporting fans can make cryptocurrency donations through "Coinbase Commerce", and accepted currencies include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP). , Dogecoin (DOGE), Shiba Inu Coin (SHIB) and USDC, etc. In the statement: Named U.S. President Joe Biden and Democratic Senator Elizabeth Warren, who is committed to criticizing cryptocurrency, and said bluntly: In a speech attacking cryptocurrencies (posted on the social platform The Trump campaign said: "Make America Great Again (MAGA) supporters, now with a new cryptocurrency option, we will build an army of cryptocurrencies to drive the campaign to victory on November 5!"
$BTC Trump threatened: If you support cryptocurrency, you’d better vote for me! "

Donald Trump’s campaign announced on Tuesday that it will begin accepting cryptocurrency donations, describing the move as an effort to unite opponents of “socialist government control” of U.S. financial markets and threatening to “build a A Cryptocurrency Army” to counter Democratic Senator Elizabeth Warren’s “Anti-Cryptocurrency Army”

The Trump campaign stated in a press release that supporting fans can make cryptocurrency donations through "Coinbase Commerce", and accepted currencies include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP). , Dogecoin (DOGE), Shiba Inu Coin (SHIB) and USDC, etc.

In the statement: Named U.S. President Joe Biden and Democratic Senator Elizabeth Warren, who is committed to criticizing cryptocurrency, and said bluntly:

In a speech attacking cryptocurrencies (posted on the social platform

The Trump campaign said: "Make America Great Again (MAGA) supporters, now with a new cryptocurrency option, we will build an army of cryptocurrencies to drive the campaign to victory on November 5!"
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$BTC $ETH $BNB Ethereum ETF is approved and is expected to revive the cryptocurrency bull market🔥 Rumor has it that the U.S. Securities and Exchange Commission (SEC) is considering approving a U.S. spot Ethereum ETF. Cryptocurrency prices soared on the 21st. Bitcoin broke through $70,000 and will challenge a record high. Ethereum once soared by 20% overnight. Analysts believe that the cryptocurrency bull market is reviving and Bitcoin has the opportunity to challenge the historical record of $73,803 According to Coin Metrics data, at 18:00 pm on the 21st, Taiwan time, Bitcoin surged by US$1,314, or 1.9%, to US$70,957 from the same time the previous day, with the intraday high reaching US$71,954. After Ethereum soared by 20% on the 20th, it rose another 8.6% to $3,657 on the 21st. Analysts believe that the market’s optimistic expectations for the SEC’s green light for the Ethereum ETF will drive a wave of cryptocurrency bull markets. In the next few days, Bitcoin has the opportunity to challenge the historical record of $73,803 set earlier this year. Ethereum is the second-largest cryptocurrency after Bitcoin, and the market had previously thought that such funds would not pass the test. However, with the SEC’s approval of Bitcoin ETF in January this year, market participants were overjoyed. Analysts observing recent developments also found that SEC personnel frequently contacted asset management companies to provide opinions on application documents and request modifications. Therefore, they speculated that this Chances of Ethereum ETF approval increasing this week
$BTC $ETH $BNB Ethereum ETF is approved and is expected to revive the cryptocurrency bull market🔥

Rumor has it that the U.S. Securities and Exchange Commission (SEC) is considering approving a U.S. spot Ethereum ETF. Cryptocurrency prices soared on the 21st. Bitcoin broke through $70,000 and will challenge a record high. Ethereum once soared by 20% overnight. Analysts believe that the cryptocurrency bull market is reviving and Bitcoin has the opportunity to challenge the historical record of $73,803

According to Coin Metrics data, at 18:00 pm on the 21st, Taiwan time, Bitcoin surged by US$1,314, or 1.9%, to US$70,957 from the same time the previous day, with the intraday high reaching US$71,954. After Ethereum soared by 20% on the 20th, it rose another 8.6% to $3,657 on the 21st. Analysts believe that the market’s optimistic expectations for the SEC’s green light for the Ethereum ETF will drive a wave of cryptocurrency bull markets. In the next few days, Bitcoin has the opportunity to challenge the historical record of $73,803 set earlier this year.

Ethereum is the second-largest cryptocurrency after Bitcoin, and the market had previously thought that such funds would not pass the test. However, with the SEC’s approval of Bitcoin ETF in January this year, market participants were overjoyed. Analysts observing recent developments also found that SEC personnel frequently contacted asset management companies to provide opinions on application documents and request modifications. Therefore, they speculated that this Chances of Ethereum ETF approval increasing this week
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🔥 $ETH Emergency message‼ ️ The U.S. Securities and Exchange Commission reports that Bitcoin has exceeded $70,000 and Ethereum has soared by more than 15%. On Monday (May 20), Bloomberg analyst Eric Balchunas wrote: The probability of approval of the spot Ethereum ETF has been increased from 25% to 75%. Said: I heard some rumors this afternoon that the U.S. Securities and Exchange Commission (SEC) may make a 180-degree turn on this issue. Can Ethereum spot ETF become the new narrative of the cryptocurrency market in May? The current status of Ethereum spot ETFs The application for the U.S. Ethereum spot ETF was first applied by VanEck on October 27 last year, followed by 21 Shares&Ark, Hashdex, Grayscale, Invesco&Galaxy, Fidelity, BlackRock and Bitwise. However, judging from the previous SEC approval process for Bitcoin spot ETFs, a decision will be made within the deadline for the first ETF application, a total of 240 days, and the final time is May 23 this year. Grayscale still maintains high confidence in the approval of Ethereum spot ETF Coinbase analysis: Market underestimates the possibility of “Ethereum spot ETF approval” Coinbase analyst David Han said that although the market generally believes that U.S. authorities will not release it in the short term, the possibility of an Ethereum spot ETF being approved is still underestimated. David Han said in a report last week: "We believe the market may underestimate the timing and probability of approval. Ethereum may still have the potential for unexpected gains in the coming months, and there is obviously no supply glut. Sources of large increases, such as token release or selling pressure from miners #以太坊ETF批准预期 #机构积极投资比特币ETF #芝商所拟推出比特币现货交易 $BTC $BNB
🔥 $ETH Emergency message‼ ️ The U.S. Securities and Exchange Commission reports that Bitcoin has exceeded $70,000 and Ethereum has soared by more than 15%.

On Monday (May 20), Bloomberg analyst Eric Balchunas wrote: The probability of approval of the spot Ethereum ETF has been increased from 25% to 75%.

Said: I heard some rumors this afternoon that the U.S. Securities and Exchange Commission (SEC) may make a 180-degree turn on this issue.

Can Ethereum spot ETF become the new narrative of the cryptocurrency market in May?

The current status of Ethereum spot ETFs
The application for the U.S. Ethereum spot ETF was first applied by VanEck on October 27 last year, followed by 21 Shares&Ark, Hashdex, Grayscale, Invesco&Galaxy, Fidelity, BlackRock and Bitwise. However, judging from the previous SEC approval process for Bitcoin spot ETFs, a decision will be made within the deadline for the first ETF application, a total of 240 days, and the final time is May 23 this year.

Grayscale still maintains high confidence in the approval of Ethereum spot ETF

Coinbase analysis: Market underestimates the possibility of “Ethereum spot ETF approval”

Coinbase analyst David Han said that although the market generally believes that U.S. authorities will not release it in the short term, the possibility of an Ethereum spot ETF being approved is still underestimated.

David Han said in a report last week: "We believe the market may underestimate the timing and probability of approval. Ethereum may still have the potential for unexpected gains in the coming months, and there is obviously no supply glut. Sources of large increases, such as token release or selling pressure from miners

#以太坊ETF批准预期 #机构积极投资比特币ETF #芝商所拟推出比特币现货交易 $BTC $BNB
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🔥Complete personal analysis of "market capitalization" and "high dividend": 🍀Which one is better to invest in? The most important thing is to choose the one that suits you‼ ️ 🔺Market capitalization strategy "S&P 500, Taiwan 0050" 🔹Advantages: 1. Usually choose growth-oriented enterprises with high "value-added potential" in the long term. 2. S&P 500 covers 500 large companies, while Taiwan 0050 covers 50 large companies in Taiwan (TSMC accounts for about 51%), with diversified risks 3. Investing in "market capitalization" means investing in the world's leading companies! Higher earning potential 4. Suitable for long-term investment, the long-term "return rate/win rate" is relatively high 🔸Disadvantages: 1. The "short-term" volatility is relatively large, while the "long-term" is stable and upward. 2. You need to be "patient" and hold for a long time to obtain expected returns. Short-term returns are relatively unstable. 3. Changes in the overall market will have an impact on the "investment portfolio" 🔺High Dividend Strategy "Taiwan High Dividend 0056" 🔹Advantages: 1. Provide "stable cash flow" suitable for investors who need "fixed income" to pay daily expenses such as living expenses/mortgage 2. They are usually mature companies with relatively small stock price fluctuations. 3. Taiwan’s tax on high dividends is relatively favorable 🔸Disadvantage: "Value-add potential is usually lower than that of growth stocks" 📌Pursue long-term value-added/can withstand market fluctuations, suitable for market capitalization types 📌The pursuit of "stable cash flow" is suitable for high dividend investments ⚡️Which one do you belong to? Welcome to discuss together $BTC $ETH $SOL
🔥Complete personal analysis of "market capitalization" and "high dividend":

🍀Which one is better to invest in? The most important thing is to choose the one that suits you‼ ️

🔺Market capitalization strategy "S&P 500, Taiwan 0050"

🔹Advantages:

1. Usually choose growth-oriented enterprises with high "value-added potential" in the long term.

2. S&P 500 covers 500 large companies, while Taiwan 0050 covers 50 large companies in Taiwan (TSMC accounts for about 51%), with diversified risks

3. Investing in "market capitalization" means investing in the world's leading companies! Higher earning potential

4. Suitable for long-term investment, the long-term "return rate/win rate" is relatively high

🔸Disadvantages:

1. The "short-term" volatility is relatively large, while the "long-term" is stable and upward.

2. You need to be "patient" and hold for a long time to obtain expected returns. Short-term returns are relatively unstable.

3. Changes in the overall market will have an impact on the "investment portfolio"

🔺High Dividend Strategy "Taiwan High Dividend 0056"

🔹Advantages:

1. Provide "stable cash flow" suitable for investors who need "fixed income" to pay daily expenses such as living expenses/mortgage

2. They are usually mature companies with relatively small stock price fluctuations.

3. Taiwan’s tax on high dividends is relatively favorable

🔸Disadvantage: "Value-add potential is usually lower than that of growth stocks"

📌Pursue long-term value-added/can withstand market fluctuations, suitable for market capitalization types

📌The pursuit of "stable cash flow" is suitable for high dividend investments

⚡️Which one do you belong to? Welcome to discuss together

$BTC $ETH $SOL
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📌 $BTC $ETH $SOL Why is cryptocurrency a central issue in the 2024 US presidential election? 🔺 The United States will usher in a presidential election in November. All 435 seats in the House of Representatives and 33 seats in the Senate will also be up for election. Cryptocurrency seems to have become one of the key issues in the 2024 US election. Cryptocurrency practitioners are preparing for this election. Political donations of US$94 million were invested in the general election, setting a new record 🔺 Bloomberg data shows that the cryptocurrency industry has donated $94 million to the 2024 U.S. elections, a record high and more than the $83 million donated during the last election in 2020. Most donations were made through political action committees (PACs). a16z founders Marc Andreessen and Ben Horowitz donated US$9 million each, the Winklevoss twins donated US$2.5 million each, Coinbase and Ripple Labs donated US$20.5 million and US$20 million respectively. Coinbase CEO Brian Armstrong also personally donated $1 million 🔺 Why has cryptocurrency become the focus of American voters? First of all, this may start with the thunderstorm of FTX, the world's second largest cryptocurrency exchange. FTX collapsed overnight in November 2022. It is estimated that there are more than one million creditors and the loss amounted to tens of billions of dollars. Many people They lost all their money, including many American voters. After this incident, many voters believed that it was necessary for the government to strengthen the supervision of cryptocurrency, and therefore began to pay attention to the candidate's stance on cryptocurrency. 🔺 Cryptocurrency becomes the focus of 2024 election The latest poll released by the Digital Currency Group (DCG) this month shows that 1 in 5 voters in swing states believe that cryptocurrency is a key issue in the 2024 US election. More than half of voters are worried that policymakers will stifle innovation, and 1 in 5 voters Four in 10 voters want members of Congress to understand cryptocurrencies before trying to regulate them Kristin Smith, CEO of the Blockchain Association, a cryptocurrency industry advocacy organization, said that this poll proves that digital assets have become an important issue in the general election, and 26% of voters stated that they will actively weigh it when making decisions. Candidates’ stance on digital assets
📌 $BTC $ETH $SOL Why is cryptocurrency a central issue in the 2024 US presidential election?

🔺 The United States will usher in a presidential election in November. All 435 seats in the House of Representatives and 33 seats in the Senate will also be up for election. Cryptocurrency seems to have become one of the key issues in the 2024 US election. Cryptocurrency practitioners are preparing for this election. Political donations of US$94 million were invested in the general election, setting a new record

🔺 Bloomberg data shows that the cryptocurrency industry has donated $94 million to the 2024 U.S. elections, a record high and more than the $83 million donated during the last election in 2020.

Most donations were made through political action committees (PACs). a16z founders Marc Andreessen and Ben Horowitz donated US$9 million each, the Winklevoss twins donated US$2.5 million each, Coinbase and Ripple Labs donated US$20.5 million and US$20 million respectively. Coinbase CEO Brian Armstrong also personally donated $1 million

🔺 Why has cryptocurrency become the focus of American voters?

First of all, this may start with the thunderstorm of FTX, the world's second largest cryptocurrency exchange. FTX collapsed overnight in November 2022. It is estimated that there are more than one million creditors and the loss amounted to tens of billions of dollars. Many people They lost all their money, including many American voters. After this incident, many voters believed that it was necessary for the government to strengthen the supervision of cryptocurrency, and therefore began to pay attention to the candidate's stance on cryptocurrency.

🔺 Cryptocurrency becomes the focus of 2024 election

The latest poll released by the Digital Currency Group (DCG) this month shows that 1 in 5 voters in swing states believe that cryptocurrency is a key issue in the 2024 US election. More than half of voters are worried that policymakers will stifle innovation, and 1 in 5 voters Four in 10 voters want members of Congress to understand cryptocurrencies before trying to regulate them

Kristin Smith, CEO of the Blockchain Association, a cryptocurrency industry advocacy organization, said that this poll proves that digital assets have become an important issue in the general election, and 26% of voters stated that they will actively weigh it when making decisions. Candidates’ stance on digital assets
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📌$ETH 3 days left for Ethereum spot ETF review: Will the SEC technically reject it? Will the issuer file a lawsuit if rejected? $BTC $SOL 🔺Whether the Ethereum spot ETF is approved will soon reach a critical moment on the 23rd 🔺 The critical moment for whether the U.S. Securities and Exchange Commission (SEC) approves the Ethereum spot ETF will be on the 23rd of this week. The SEC needs to make an initial and final decision on the applications of VanEck and Ark/21Shares (the 23rd and 24th respectively). Grayscale’s final decision needs to be made on the 30th, but this time the market is not as optimistic as before about the Bitcoin ETF. Bloomberg quoted people familiar with the matter as reporting on the 18th that some fund companies expected that their applications would be rejected because the applicant Private contacts with the SEC are not as frequent as before the approval of the Bitcoin spot ETF in January. Katherine Dowling, general counsel of Bitwise, which filed the Ethereum spot ETF application, pointed out that the market has generally expected to receive a rejection decision. 🔺 Will you file a lawsuit if rejected? Neena Mishra, director of ETF research at Zacks Investment Research, believes that even if the SEC really refuses, the issuer is unlikely to file a lawsuit. They may be inclined to resubmit and have more communications with the SEC in the next 240 days. The legal process is costly, and an Ethereum spot ETF is likely to attract far less investor interest than a spot Bitcoin ETF. Additionally, as the election approaches, issuers may prefer to wait for the results, hoping for a more crypto-friendly SEC chair The biggest problem at the moment is that the SEC has not clearly determined that Ethereum is a security or commodity. Van Buren Capital general partner Scott Johnsson pointed out that the SEC is still considering this issue in a March 8 filing. When conducting an opinion poll on BlackRock’s Ethereum spot ETF application, the SEC asked Nasdaq in a filing whether it “takes into account the nature of the underlying assets held by the trust” and asked if “its PoS mechanism and centralized control by a few individuals or entities", whether the arguments supporting the listing of a Bitcoin spot ETF apply to Ethereum.
📌$ETH 3 days left for Ethereum spot ETF review: Will the SEC technically reject it? Will the issuer file a lawsuit if rejected? $BTC $SOL

🔺Whether the Ethereum spot ETF is approved will soon reach a critical moment on the 23rd

🔺 The critical moment for whether the U.S. Securities and Exchange Commission (SEC) approves the Ethereum spot ETF will be on the 23rd of this week. The SEC needs to make an initial and final decision on the applications of VanEck and Ark/21Shares (the 23rd and 24th respectively). Grayscale’s final decision needs to be made on the 30th, but this time the market is not as optimistic as before about the Bitcoin ETF. Bloomberg quoted people familiar with the matter as reporting on the 18th that some fund companies expected that their applications would be rejected because the applicant Private contacts with the SEC are not as frequent as before the approval of the Bitcoin spot ETF in January. Katherine Dowling, general counsel of Bitwise, which filed the Ethereum spot ETF application, pointed out that the market has generally expected to receive a rejection decision.

🔺 Will you file a lawsuit if rejected?

Neena Mishra, director of ETF research at Zacks Investment Research, believes that even if the SEC really refuses, the issuer is unlikely to file a lawsuit. They may be inclined to resubmit and have more communications with the SEC in the next 240 days.

The legal process is costly, and an Ethereum spot ETF is likely to attract far less investor interest than a spot Bitcoin ETF. Additionally, as the election approaches, issuers may prefer to wait for the results, hoping for a more crypto-friendly SEC chair

The biggest problem at the moment is that the SEC has not clearly determined that Ethereum is a security or commodity. Van Buren Capital general partner Scott Johnsson pointed out that the SEC is still considering this issue in a March 8 filing.

When conducting an opinion poll on BlackRock’s Ethereum spot ETF application, the SEC asked Nasdaq in a filing whether it “takes into account the nature of the underlying assets held by the trust” and asked if “its PoS mechanism and centralized control by a few individuals or entities", whether the arguments supporting the listing of a Bitcoin spot ETF apply to Ethereum.
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$BTC $ETH $SOL 🔥Major benefits: Bitcoin/Ethereum is expected to face the mainland market? At the Bitcoin Asia Summit, Harvest Fund CEO Han Tongli discussed the possibility of incorporating BTC and ETH ETFs into ETF Connect, hoping to open a direct investment channel for mainland investors, which requires mature conditions and successful applications in the next two years. The stock interconnection mechanism clarifies the openness of the capital market, but BTC and ETH ETFs do not meet the conditions due to their size, listing time and non-Hong Kong stock components. Mainland China’s existing regulatory policies strictly prohibit financial institutions from engaging in virtual currency business, constituting policy barriers. In summary, despite facing policy and technical challenges, market development trends and industry efforts indicate possible policy adjustments, emphasizing the challenges of cryptocurrency ETFs entering China, current regulatory limitations and future trends 🔺Mainland’s regulatory policy attitude Judging from the legal provisions, mainland China does not directly prohibit individual investors from trading virtual currencies. In theory, if retail investors meet the financial threshold for opening Shanghai-Shenzhen-Hong Kong Stock Connect, that is, the total assets of securities and capital accounts are not less than 500,000 yuan, they can pass Shanghai-Shenzhen-Hong Kong Stock Connect indirectly invests in exchange-traded funds (ETFs) of cryptocurrencies such as BTC and ETH, which is a more convenient investment method and reduces the complexity and risks caused by directly holding cryptocurrencies. However, the challenge of making Bitcoin and Ethereum ETFs truly open to trading for mainland investors is particularly daunting. Especially for mainland financial institutions such as securities firms. The "Announcement on Preventing Financing Risks of Token Issuance" ("94 Announcement") jointly issued by the Central Bank and six other departments and the subsequent "Notice on Further Preventing and Dealing with Speculation Risks in Virtual Currency Transactions" (referred to as "924 Announcement") ) clearly delineates the red line for financial institutions in the virtual currency business and strictly prohibits them from providing services for any virtual currency-related activities, including but not limited to account opening, fund transfer, settlement and other financial services, and the use of virtual currency for any purpose. form of guarantee or subject matter insured This means that if mainland brokers directly provide retail investors with services to purchase BTC and ETH ETFs, it will directly violate the provisions of the "94 Announcement" and the "924 Notice" and put themselves at serious legal risk.In this case, financial institutions have to find a delicate balance between compliance and market demand.
$BTC $ETH $SOL

🔥Major benefits: Bitcoin/Ethereum is expected to face the mainland market?

At the Bitcoin Asia Summit, Harvest Fund CEO Han Tongli discussed the possibility of incorporating BTC and ETH ETFs into ETF Connect, hoping to open a direct investment channel for mainland investors, which requires mature conditions and successful applications in the next two years. The stock interconnection mechanism clarifies the openness of the capital market, but BTC and ETH ETFs do not meet the conditions due to their size, listing time and non-Hong Kong stock components. Mainland China’s existing regulatory policies strictly prohibit financial institutions from engaging in virtual currency business, constituting policy barriers. In summary, despite facing policy and technical challenges, market development trends and industry efforts indicate possible policy adjustments, emphasizing the challenges of cryptocurrency ETFs entering China, current regulatory limitations and future trends

🔺Mainland’s regulatory policy attitude

Judging from the legal provisions, mainland China does not directly prohibit individual investors from trading virtual currencies. In theory, if retail investors meet the financial threshold for opening Shanghai-Shenzhen-Hong Kong Stock Connect, that is, the total assets of securities and capital accounts are not less than 500,000 yuan, they can pass Shanghai-Shenzhen-Hong Kong Stock Connect indirectly invests in exchange-traded funds (ETFs) of cryptocurrencies such as BTC and ETH, which is a more convenient investment method and reduces the complexity and risks caused by directly holding cryptocurrencies.

However, the challenge of making Bitcoin and Ethereum ETFs truly open to trading for mainland investors is particularly daunting.

Especially for mainland financial institutions such as securities firms. The "Announcement on Preventing Financing Risks of Token Issuance" ("94 Announcement") jointly issued by the Central Bank and six other departments and the subsequent "Notice on Further Preventing and Dealing with Speculation Risks in Virtual Currency Transactions" (referred to as "924 Announcement") ) clearly delineates the red line for financial institutions in the virtual currency business and strictly prohibits them from providing services for any virtual currency-related activities, including but not limited to account opening, fund transfer, settlement and other financial services, and the use of virtual currency for any purpose. form of guarantee or subject matter insured

This means that if mainland brokers directly provide retail investors with services to purchase BTC and ETH ETFs, it will directly violate the provisions of the "94 Announcement" and the "924 Notice" and put themselves at serious legal risk.In this case, financial institutions have to find a delicate balance between compliance and market demand.
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$BTC $ETH $SOL 💰Bitcoin Weekly Forecast: Is Bitcoin out of the woods? 1️⃣Bitcoin price shows signs of continued upward trend, providing buying opportunity between $64,580 and $63,095 2️⃣On-chain indicators predict a bullish future for Bitcoin 3️⃣If Bitcoin clears $70,000, the chances of resuming the uptrend will skyrocket Bitcoin (BTC) price action over the past two days has confirmed the resumption of the bull run. Yet before investors can fully commit, Bitcoin needs to clear some key hurdles 🔺 Top-down analysis of Bitcoin price Looking at the weekly chart, Bitcoin’s price could move in either direction. While the current green weekly outlook is promising, the $67,000 to $69,000 range will be worth watching. If Bitcoin manages to overcome this area and flip it into a support area, the bull market theory will become a high probability scenario The Relative Strength Index (RSI) is trying to rebound from just below overbought territory, showing no real signs of a bullish rebound. The lagging Awesome Oscillator (AO) still indicates declining bullish momentum and is not showing buyers returning Bitcoin’s daily chart shows a more nuanced outlook compared to the weekly chart. On this lower time frame, Bitcoin shows potential for a drop to the unbalanced area of ​​$64,580 to $63,095, which could be a good accumulation area But the bias on the daily chart is bullish and suggests a move towards the psychological $70,000 level is possible in the coming weeks. The Relative Strength Index supports this outlook after a recent break above the 50 average, showing a recent takeover by the bulls. AO also hinted at a surge in bullish momentum after the histogram recently moved above the zero mean level. All in all, Bitcoin’s daily chart shows a clear bullish outlook, and Bitcoin could rise to $70,000 🚀 But it would need to reverse the descending trendline connecting the lower highs formed since the all-time high of $73,949 and the horizontal barrier at $70,000. Once these hurdles are overcome, Bitcoin price will be out of the woods and ready to resume its upward trend. In this case, Bitcoin could attempt to set a new all-time high of $80,000 #比特币走势分析 #机构积极投资比特币ETF #BTC走势分析
$BTC $ETH $SOL

💰Bitcoin Weekly Forecast: Is Bitcoin out of the woods?

1️⃣Bitcoin price shows signs of continued upward trend, providing buying opportunity between $64,580 and $63,095

2️⃣On-chain indicators predict a bullish future for Bitcoin

3️⃣If Bitcoin clears $70,000, the chances of resuming the uptrend will skyrocket

Bitcoin (BTC) price action over the past two days has confirmed the resumption of the bull run. Yet before investors can fully commit, Bitcoin needs to clear some key hurdles

🔺 Top-down analysis of Bitcoin price

Looking at the weekly chart, Bitcoin’s price could move in either direction. While the current green weekly outlook is promising, the $67,000 to $69,000 range will be worth watching. If Bitcoin manages to overcome this area and flip it into a support area, the bull market theory will become a high probability scenario

The Relative Strength Index (RSI) is trying to rebound from just below overbought territory, showing no real signs of a bullish rebound. The lagging Awesome Oscillator (AO) still indicates declining bullish momentum and is not showing buyers returning

Bitcoin’s daily chart shows a more nuanced outlook compared to the weekly chart. On this lower time frame, Bitcoin shows potential for a drop to the unbalanced area of ​​$64,580 to $63,095, which could be a good accumulation area

But the bias on the daily chart is bullish and suggests a move towards the psychological $70,000 level is possible in the coming weeks. The Relative Strength Index supports this outlook after a recent break above the 50 average, showing a recent takeover by the bulls. AO also hinted at a surge in bullish momentum after the histogram recently moved above the zero mean level.

All in all, Bitcoin’s daily chart shows a clear bullish outlook, and Bitcoin could rise to $70,000 🚀

But it would need to reverse the descending trendline connecting the lower highs formed since the all-time high of $73,949 and the horizontal barrier at $70,000. Once these hurdles are overcome, Bitcoin price will be out of the woods and ready to resume its upward trend. In this case, Bitcoin could attempt to set a new all-time high of $80,000

#比特币走势分析 #机构积极投资比特币ETF #BTC走势分析
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$BTC $ETH $SOL 📰Attention Chinese miners: Venezuela has banned power supply for Bitcoin mining and has rarely seized more than 11,000 mining machines! Dialogue Earth reported earlier that after China launched a ban on Bitcoin and cryptocurrency mining in 2021, many miners set off a wave of exodus. Venezuela and Paraguay attract miners unable to operate in China, while Argentina could become a global Bitcoin mining destination. But now, Venezuela’s policy has taken a 180-degree turn. According to Bitcoin.com’s reporter in Venezuela, in line with the latest encryption mining ban announced by the Ministry of Electricity, Rafael Lacava, the governor of Carabobo state, the country’s industrial center, led a series of raids on cryptocurrency mines over the weekend, ultimately confiscating more than 11,000 ASIC mining machines and cut power to an unknown number of cryptocurrency mining farms. The latest measures by Venezuela’s Ministry of Electricity are related to the Venezuelan government’s anti-corruption campaign launched last year, which has seen dozens of officials from Venezuela’s state oil company (PDVSA) and the National Crypto Asset Supervisory Authority (Sunacrip) arrested on suspicion of corruption since 2023. Sunacrip is still restructuring to this day, which also resulted in the forced closure of cryptocurrency mines in several states and the ordering of some crypto exchanges to cease operations. Local media AlbertoNews reported that one of the main reasons for Venezuela’s large-scale confiscation of cryptocurrency mining machines and power outages to mines was to solve the country’s ongoing power crisis since 2009. In 2019, a large power outage also caused some cities to The power outage lasted for seven days. Frequent power outages over the years have had a serious negative impact on the quality of life and economic activities of the country's people. This was caused by a lack of maintenance and investment in the national grid, but authorities attributed it in part to cryptocurrency mining operations consuming too much energy from the grid and prioritized operations on crypto mining farms. Rafael Lacava, the governor of Carabobo state who has confiscated more than 10,000 mining machines, stressed on social media over the weekend that these mining machines, which consume a lot of electricity, will continue to be cut off from the national grid. He also urged residents to report illegal crypto mining activities. , to avoid power shortage crisis. It is worth noting that Venezuela has repeatedly tried to use cryptocurrency to bypass the U.S. economic sanctions regime in 2020. Even the country’s military has joined the ranks of Bitcoin miners and announced the official opening of a “Bitcoin Mining Center.”
$BTC $ETH $SOL

📰Attention Chinese miners: Venezuela has banned power supply for Bitcoin mining and has rarely seized more than 11,000 mining machines!

Dialogue Earth reported earlier that after China launched a ban on Bitcoin and cryptocurrency mining in 2021, many miners set off a wave of exodus. Venezuela and Paraguay attract miners unable to operate in China, while Argentina could become a global Bitcoin mining destination.

But now, Venezuela’s policy has taken a 180-degree turn.
According to Bitcoin.com’s reporter in Venezuela, in line with the latest encryption mining ban announced by the Ministry of Electricity, Rafael Lacava, the governor of Carabobo state, the country’s industrial center, led a series of raids on cryptocurrency mines over the weekend, ultimately confiscating more than 11,000 ASIC mining machines and cut power to an unknown number of cryptocurrency mining farms.

The latest measures by Venezuela’s Ministry of Electricity are related to the Venezuelan government’s anti-corruption campaign launched last year, which has seen dozens of officials from Venezuela’s state oil company (PDVSA) and the National Crypto Asset Supervisory Authority (Sunacrip) arrested on suspicion of corruption since 2023.

Sunacrip is still restructuring to this day, which also resulted in the forced closure of cryptocurrency mines in several states and the ordering of some crypto exchanges to cease operations.

Local media AlbertoNews reported that one of the main reasons for Venezuela’s large-scale confiscation of cryptocurrency mining machines and power outages to mines was to solve the country’s ongoing power crisis since 2009. In 2019, a large power outage also caused some cities to The power outage lasted for seven days. Frequent power outages over the years have had a serious negative impact on the quality of life and economic activities of the country's people.

This was caused by a lack of maintenance and investment in the national grid, but authorities attributed it in part to cryptocurrency mining operations consuming too much energy from the grid and prioritized operations on crypto mining farms.

Rafael Lacava, the governor of Carabobo state who has confiscated more than 10,000 mining machines, stressed on social media over the weekend that these mining machines, which consume a lot of electricity, will continue to be cut off from the national grid. He also urged residents to report illegal crypto mining activities. , to avoid power shortage crisis.

It is worth noting that Venezuela has repeatedly tried to use cryptocurrency to bypass the U.S. economic sanctions regime in 2020. Even the country’s military has joined the ranks of Bitcoin miners and announced the official opening of a “Bitcoin Mining Center.”
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$NOT $BTC $ETH #notcoin The white paper states: There may be no value 1. Notcoin ($NOT) is a viral community project that started as a Telegram game. It attracts many users to join the web3 field through the click mining mechanism. 2. $NOT is a community token with the following four uses: - Discovery: Users are rewarded for discovering web3 products. - Play: Users participate in new games and receive more rewards. - Contribution: Users are rewarded for adding value to the ecosystem. - Offering: web3 developers can offer their products to the community through the Notcoin campaign. 3. As of May 9, 2024, the total supply of $NOT is 102,719,221,714 pieces, and the circulating supply at the time of listing will be 102,719,221,714 pieces (accounting for 100% of the total issuance). 4. It should be noted that 100% circulation at the time of listing does not mean that all tokens will enter trading immediately. This includes airdrops from miners, which may not be fully claimed at the time of listing. Additionally, there is uncertainty regarding the timing of other token distributions entering the secondary market. 5. Key indicators (as of May 9, 2024): - Token name: NOT - Token type: TON jetton - Initial circulating supply at the time of listing: 102,719,221,714 (accounting for 100% of the total issuance) - Total maximum token supply: 102,719,221,714 coins - Binance Launchpool (Binance investment pool) allocation: 3,081,576,651 pieces (3% of the total issuance) - Binance Launchpool start date: May 13, 2024 6. Token distribution: - Binance Launchpool: 3% of total issuance - Miners: 78% of total issuance - Ecological Fund: 9% of total issuance - Community incentives: 5% of total circulation - Development: 5% of total issuance
$NOT $BTC $ETH

#notcoin The white paper states: There may be no value

1. Notcoin ($NOT ) is a viral community project that started as a Telegram game. It attracts many users to join the web3 field through the click mining mechanism.

2. $NOT is a community token with the following four uses:
- Discovery: Users are rewarded for discovering web3 products.
- Play: Users participate in new games and receive more rewards.
- Contribution: Users are rewarded for adding value to the ecosystem.
- Offering: web3 developers can offer their products to the community through the Notcoin campaign.

3. As of May 9, 2024, the total supply of $NOT is 102,719,221,714 pieces, and the circulating supply at the time of listing will be 102,719,221,714 pieces (accounting for 100% of the total issuance).

4. It should be noted that 100% circulation at the time of listing does not mean that all tokens will enter trading immediately. This includes airdrops from miners, which may not be fully claimed at the time of listing. Additionally, there is uncertainty regarding the timing of other token distributions entering the secondary market.

5. Key indicators (as of May 9, 2024):
- Token name: NOT
- Token type: TON jetton
- Initial circulating supply at the time of listing: 102,719,221,714 (accounting for 100% of the total issuance)
- Total maximum token supply: 102,719,221,714 coins
- Binance Launchpool (Binance investment pool) allocation: 3,081,576,651 pieces (3% of the total issuance)
- Binance Launchpool start date: May 13, 2024

6. Token distribution:
- Binance Launchpool: 3% of total issuance
- Miners: 78% of total issuance
- Ecological Fund: 9% of total issuance
- Community incentives: 5% of total circulation
- Development: 5% of total issuance
LIVE
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Bullish
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$BTC $ETH $BNB 📈 The impact of interest rate hikes and cuts on everyone 📉 For those who are involved in investing, what they are most concerned about these days is "interest rate increases/cuts". I hope the following information will be helpful to everyone🍀 Interest rate hikes/cuts are decided by the "Central Bank"! Mainly from the three perspectives of investment, loan and savings 🔺The impact of interest rate hikes/cuts on investment: 🔹Interest rate hike: Bank deposit interest rates have increased, and people prefer to save money in banks. The popularity of the housing market and stock market is likely to decrease. 🔸Interest rate cut: Loan interest rates fall, and banks have no interest, so everyone’s money will easily flow into the stock market and real estate market. 🔹Interest rate hike: The loan interest rate rises and the monthly interest increases, which easily reduces the willingness to borrow money and makes buying a house/borrowing money stressful! 🔸Interest rate reduction: The loan interest rate drops, the monthly interest decreases, it is easier to increase the willingness to borrow money, and the pressure of buying a house/borrowing money is reduced! ❓Why does the central bank raise/lower interest rates❓ 🔹Raise interest rates: curb inflation and avoid currency depreciation/capital outflows 🔸Interest rate cut: Promote economic development, encourage consumption/investment, and improve export competitiveness 🍀The above is not investment advice, welcome to discuss~ #升息 #降息
$BTC $ETH $BNB

📈 The impact of interest rate hikes and cuts on everyone 📉

For those who are involved in investing, what they are most concerned about these days is "interest rate increases/cuts". I hope the following information will be helpful to everyone🍀

Interest rate hikes/cuts are decided by the "Central Bank"! Mainly from the three perspectives of investment, loan and savings

🔺The impact of interest rate hikes/cuts on investment:

🔹Interest rate hike: Bank deposit interest rates have increased, and people prefer to save money in banks. The popularity of the housing market and stock market is likely to decrease.

🔸Interest rate cut: Loan interest rates fall, and banks have no interest, so everyone’s money will easily flow into the stock market and real estate market.

🔹Interest rate hike: The loan interest rate rises and the monthly interest increases, which easily reduces the willingness to borrow money and makes buying a house/borrowing money stressful!

🔸Interest rate reduction: The loan interest rate drops, the monthly interest decreases, it is easier to increase the willingness to borrow money, and the pressure of buying a house/borrowing money is reduced!

❓Why does the central bank raise/lower interest rates❓

🔹Raise interest rates: curb inflation and avoid currency depreciation/capital outflows

🔸Interest rate cut: Promote economic development, encourage consumption/investment, and improve export competitiveness

🍀The above is not investment advice, welcome to discuss~ #升息 #降息
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$BTC #BT#BitcoinCan the cryptocurrency market usher in a bull market? 1️⃣0️⃣A compilation of my thoughts on the market: 1. Bitcoin has returned to around 66K, and according to the regular chart below, there is usually 1-2 months of consolidation after the halving. Now I feel that the consolidation is almost done. The current weekly moving average is showing a bullish trend (it is on 10/30/60 every week) (on the 5th, there is only a small downward trend on the 5th), so the bullish trend is still in the medium and long term. 2. Many copycats have nothing to lose. They feel they are almost close to the bottom, but they still can’t bet on the bottom. 3. With the approval of ETF, money from outside the circle is preparing to flow in "now". There may be a wave of outflow funds coming in for fear of not being able to buy Bitcoin. 4. Personal plan: In this six months, only buy + try not to sell 5. At this time, the trend is similar to the pattern in the picture below. Then I will understand that "now" is the early stage of the bull market. At this time, I will continue to set regular quota + average cost in mainstream currencies. 6. U.S. Presidential Election Market: In the second half of July to November, there is a 90% chance of an upward trend. 7. The "Ethereum/Bitcoin exchange rate" market is currently becoming an airdrop trend, which also means that the altcoin season is not coming so soon. 8. At present, Bitcoin needs to rise first before it is the turn of altcoins. I will not put too many assets in "non-mainstream coins" 9. Value coins will definitely rise, please plan well. 10. Use the new rather than the old, especially for meme coins that have been online for more than a year. The story/narrative has almost been reflected, and it is easy to become a trap. The above are not investment suggestions, welcome to discuss together $ETH $BNB
$BTC #BT#BitcoinCan the cryptocurrency market usher in a bull market?

1️⃣0️⃣A compilation of my thoughts on the market:

1. Bitcoin has returned to around 66K, and according to the regular chart below, there is usually 1-2 months of consolidation after the halving. Now I feel that the consolidation is almost done. The current weekly moving average is showing a bullish trend (it is on 10/30/60 every week) (on the 5th, there is only a small downward trend on the 5th), so the bullish trend is still in the medium and long term.

2. Many copycats have nothing to lose. They feel they are almost close to the bottom, but they still can’t bet on the bottom.

3. With the approval of ETF, money from outside the circle is preparing to flow in "now". There may be a wave of outflow funds coming in for fear of not being able to buy Bitcoin.

4. Personal plan: In this six months, only buy + try not to sell

5. At this time, the trend is similar to the pattern in the picture below. Then I will understand that "now" is the early stage of the bull market. At this time, I will continue to set regular quota + average cost in mainstream currencies.

6. U.S. Presidential Election Market: In the second half of July to November, there is a 90% chance of an upward trend.

7. The "Ethereum/Bitcoin exchange rate" market is currently becoming an airdrop trend, which also means that the altcoin season is not coming so soon.

8. At present, Bitcoin needs to rise first before it is the turn of altcoins. I will not put too many assets in "non-mainstream coins"

9. Value coins will definitely rise, please plan well.

10. Use the new rather than the old, especially for meme coins that have been online for more than a year. The story/narrative has almost been reflected, and it is easy to become a trap.

The above are not investment suggestions, welcome to discuss together $ETH $BNB
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⚡️#幣安 All users #空投 🔥 #Launchpool #NOT #notcoin Knowledge popularization! 🔺Total airdrop: 1.2 million $NOT 🔺Activity target: Users who have previously played NOTCOIN game mining and obtained $NOT 🔺Activity method: Users who hold $NOT before going online and withdraw $NOT from TG to Binance for trading will receive about 120 $NOT rewards (limited to the first 10,000 users)
⚡️#幣安 All users #空投 🔥
#Launchpool #NOT #notcoin Knowledge popularization!

🔺Total airdrop: 1.2 million $NOT

🔺Activity target: Users who have previously played NOTCOIN game mining and obtained $NOT

🔺Activity method: Users who hold $NOT before going online and withdraw $NOT from TG to Binance for trading will receive about 120 $NOT rewards (limited to the first 10,000 users)
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$BOME "Like" if you think the follow-up is bullish to gather momentum
$BOME "Like" if you think the follow-up is bullish to gather momentum
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$BB project information, I hope it will be helpful to everyone🍀 🔥The market performed well today, you can observe it 📌BB is a re-pledge project. It has performed poorly in the past few days, but today is different. It has fallen a lot. There is a chance that it will rise together ~ As long as the market does not fall, it will have a good performance today. You can see whether it will continue tomorrow and the day after tomorrow. , you can withdraw if it doesn’t last. $ETH #BB空投 #BB #bouncebit $BTC
$BB project information, I hope it will be helpful to everyone🍀

🔥The market performed well today, you can observe it

📌BB is a re-pledge project. It has performed poorly in the past few days, but today is different. It has fallen a lot. There is a chance that it will rise together ~ As long as the market does not fall, it will have a good performance today. You can see whether it will continue tomorrow and the day after tomorrow. , you can withdraw if it doesn’t last.

$ETH #BB空投 #BB #bouncebit $BTC
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$OMNI Basic information, hope to help everyone understand the project content 🍀The recent performance of the staking track is quite hard. 📌Most projects of the same type cannot be sustained at present. 🔥Continue to wait for the market to perform well before we have the opportunity to rise together~ Holders need to be patient, thank you for your hard work🥹
$OMNI Basic information, hope to help everyone understand the project content

🍀The recent performance of the staking track is quite hard.

📌Most projects of the same type cannot be sustained at present.

🔥Continue to wait for the market to perform well before we have the opportunity to rise together~ Holders need to be patient, thank you for your hard work🥹
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