"China Fund News" wrote that Bitcoin has fallen by about 16% | ApolloBot-Official a Binance Square-en

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"China Fund News" wrote that Bitcoin has fallen by about 16% in April, which is its worst month since the bankruptcy of FTX, the world's second largest cryptocurrency exchange, in November 2022. And the optimism surrounding the U.S. Bitcoin spot ETF is also fading.$BTC $ETH $BNB 

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#合约爆仓 #合约挑战 Money can be dirty fiat, heavy gold, or shiny Bitcoin, but what is it? The purpose of money is to transfer energy across time and space through physical or digital forms of communication. Lynn Alden's ledger theory of money is a good way to think about what money is. Understanding blockchain from first principles can make the concept come alive. A blockchain is just a series of messages that are cryptographically hashed and linked together in sequence, which are placed in a publicly readable ledger. With Bitcoin, we can read and write to this public ledger. Bitcoin is digital speech. $BTC $OP

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#美联储何时降息？ #币安合约锦标赛 Unlimited minting attacks create an unlimited number of tokens or cryptocurrencies, causing the affected assets to immediately devalue and cause huge losses to users and investors. This would undermine confidence in the affected blockchain network and its connected decentralized applications, thereby compromising the integrity of the entire ecosystem. $1000SATS $ORDI

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#美元指数 #美元兑人民币 USDT premium is also high at present. According to OKX data, the current over-the-counter price of USDT has risen to 7.38 yuan, while the USD/CNH exchange rate is 7.29 yuan. Generally, USDT premium is caused by a large amount of buying. At present, everyone is in a strong mood to buy at the bottom. $MEME $USDC $USTC

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Because the theoretical supply of the U.S. dollar is infinite, the supply of “paper BTC” is also infinite. A large amount of purchasing power is wasted on buying “paper BTC”, thus suppressing the purchasing power that promotes the real rise of the market. $BNB $BTC

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#美联储何时降息？ #美国大选如何影响加密产业？ The market has experienced the deepest correction of this cycle, after an 18-month rally and 3 months of sideways trading. Nonetheless, the decline of the current cycle still compares favorably to historical cycles, indicating that the market fundamentals are relatively sound. The sharp contraction has put a large number of short-term holders in a position of significant unrealized losses, putting a lot of pressure on this group. However, the size of the locked-in losses is still relatively small compared to the size of the market. In addition to this, long-term holders rarely participated in the losses, indicating that mature investors have remained profitable despite the subsequent market panic. $USDC $BNB $SOL

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