Bitcoin (BTC) was born on January 3, 2009, introduced by a mysterious individual or group known as Satoshi Nakamoto.
It was merely an exploration within small circles like cryptography enthusiasts, with almost no value or attention. However, over time, its features such as decentralization, anonymity, and fixed supply have gradually been recognized. In May 2010, a programmer in Florida, USA, purchased two pizzas for 10,000 bitcoins, marking the first recorded transaction of Bitcoin and highlighting its extremely low value at the time.
In 2011, Bitcoin began to gain more attention, with price fluctuations increasing from an initially negligible amount to several dollars, attracting the interest of some investors and tech geeks. In 2013, Bitcoin experienced its first major explosion, with prices soaring past $1,000, drawing global focus to this digital currency, alongside numerous controversies regarding its legality and security. The development of Bitcoin has not been smooth, experiencing several price crashes and surges. For example, in 2017, its price entered a frenzied upward trajectory, peaking close to $20,000, only to subsequently plummet significantly. From a regulatory perspective, countries have been continuously issuing relevant policies; some view it as a legal asset subject to regulatory management, while others impose strict trading restrictions. Bitcoin has become the most well-known cryptocurrency globally. Despite still facing many uncertainties and criticisms related to issues like energy consumption and use in illegal transactions, it undeniably holds significant influence in the fintech sector, continuously impacting people's understanding and exploration of digital currencies and decentralized financial systems. #美财政部称BTC“数字黄金” #Meme齐涨
Market psychology studies the relationship between market trends and participants' emotions, and the fluctuations in investor sentiment form market psychological cycles. In the rising phase, optimism and greed lead to buying, which can create bubbles, while in the declining phase, negative sentiment leads to selling. Investors can use this to grasp entry and exit timing, and technical analysis indicators can measure market psychology. For example, Bitcoin's bull market in 2017 was driven by market psychology, which later reversed and caused a correction. At the same time, cognitive biases such as confirmation bias, loss aversion, and the endowment effect often lead investors to make irrational decisions, affecting individuals and the market. #BTC☀ #加密市场反弹
The crazy market, the spring of continuous crazy knockoffs is still ongoing
Continuing to seek new market knockoffs, there are still opportunities that haven't started yet, the potential rise may not be much but a general rise will still occur
Ethereum Founder Vitalik Buterin: A Transformer of the Crypto World
In the vast starry sky of blockchain, Ethereum shines with a unique brilliance, and its founder Vitalik Buterin is nothing short of legendary.
Born in 1994 in Russia, Vitalik moved to Canada at the age of 6. From a young age, he displayed exceptional talent in mathematics and programming. While his peers were still playing, he became fascinated with digital code, and with the encouragement of his father, a computer scientist, his journey into technology began.
At the age of 17, Bitcoin entered his world. From initial confusion to deep exploration, he became captivated by blockchain technology and the idea of decentralization, and he resolutely immersed himself in it. Writing for the Bitcoin community and founding Bitcoin Magazine allowed him to make his mark in the crypto field.
However, Vitalik was not satisfied with the status quo of Bitcoin. He astutely recognized its limitations, as it could only handle simple transactions and struggled to support complex applications. Thus, in 2013, he carefully wrote a 20-page white paper outlining the prototype of Ethereum, aiming to transform blockchain into a powerful operating system capable of running various decentralized applications (DApps), despite facing much skepticism and ridicule.
In 2014, he took the white paper and sought support globally while initiating crowdfunding. Although blockchain was not widely recognized at the time, he successfully raised $18 million and formed a team to fully develop the project. Ethereum's mainnet launched in 2015, but initially faced the dilemma of having almost no value and little attention, making it daunting for developers and miners.
Nevertheless, Ethereum's smart contract functionality gradually revealed its allure. With the ability to automate complex business processes without needing a third party, it showcased advantages across various fields such as finance and supply chains, attracting a large influx of developers and enterprises. Consequently, Ethereum's value soared, making it the second-largest cryptocurrency globally and building the foundational infrastructure for blockchain, driving the robust development of cutting-edge technologies such as decentralized finance (DeFi) and non-fungible tokens (NFTs), creating market value in the hundreds of billions of dollars.
Vitalik also has a special affection for China. He visited the country multiple times during Ethereum's early development, delving into the blockchain community, striving to learn Chinese and giving speeches in Chinese, winning the support of many Chinese developers and investors. He continues to write the legendary chapter of Ethereum in the crypto world.
The market has reached unprecedented heights, highly concentrated. This brilliance of the Korean market igniting crypto, why do we say this? In a situation of uncertainty in the Korean stock market, many have invested in crypto because of its higher certainty. This is a probabilistic game; it is definitely a market where the probability of winning money is high.
Investing in USDC fixed deposits has a special limit of 500, where you can earn 15% returns in 5 days. Depositing for 5 days without loss yields a profit of 15%, which is more than 500, equivalent to earning 80 dollars. Give it a try; if it doesn't work out, for risk-taking investors, this is like giving away money. #XRP解锁新趋势 #BTC金LTC银
Previously, I wrote an article saying that xrp would continue to be strong and look towards 3 dollars. The current price has been soaring, and according to the expected trend, today xrp will迎来一波解锁 (welcome a wave of unlocking). In a bull market, unlocking will also lead to a large amount of buying. This is a time to observe market sentiment. Technology can yield short-term profits through frequent trading, but it's advised not to act impulsively. Those without the ability can reduce their holdings to take profits, which helps avoid risks. We still have the next target. The market will not suddenly end unless it has reached its limit, and currently, there is no such situation. Be bold and do #XRP解锁新趋势
Analysts have observed that funds are moving from BTC to ETH, and the derivatives market indicates that investors expect ETH to rise further. Last weekend, ETH's open contract positions surged, while implied volatility increased, and the demand for call options also significantly rose, indicating that the confidence of derivatives traders is continuously strengthening.
CKB is the native token of the Nervos Network, characterized by: a core layered architecture, the ability to store value, and used for state storage. Application scenarios include paying transaction fees and participating in network governance. The technical highlights are its innovative economic model and compatibility, playing an important role in various aspects such as network operation and ecological development.
In the first half of this year, CKB's increase has exceeded expectations, continuously rising, with a funding rate reaching an astonishing -3, which has lasted for several months. Holding spot assets has become increasingly challenging due to the funding rate. Now that 'the bull has come', will it return to its former glory? Will it continue to ride the trend? 'Returning to the peak', I shout for CKB.