猎人

The currency circle is a market dominated by emotions and narratives, and is an irrational market. Everyone should be aware of this. So what’s the emotional and narrative breaking point? It’s a new story and a new wealth effect.

In the next bull market, can ETH outperform BTC?

Let’s take a look at what ETH has now: DEFI, NFT, GAMEFI, L2, LSD, Meme’s sudden wealth effect from time to time, Ether itself’s continued deflation, and the underlying benefits of Staking.

Put these conditions on any project, and if you buy it, you will feel that the price is 10 times higher. So why don't you have confidence in ETH?

This year, Ethereum will undergo two important upgrades as planned, namely the Shanghai upgrade, which was completed on April 12, and the Cancun upgrade, which is expected to be carried out in the fourth quarter.

This year, Ethereum will undergo two important upgrades as planned, namely the Shanghai upgrade, which was completed on April 12, and the Cancun upgrade, which is expected to be carried out in the fourth quarter. According to the official documentation of Ethereum, since the release of the white paper in 2013, a total of 24 milestone events have occurred, most of which are fork upgrades, and the relatively important ones are 12 upgrades.​

To this day, blockchain technology can still be said to be an emerging technology. Although the basic concepts related to blockchain (cryptography, decentralization, peer-to-peer networks and transactions) have been studied for decades, it was not until 2008 that Bitcoin After its birth, people believed that these concepts could indeed be combined to create usable products. Ethereum, in particular, did not appear in a public and usable form until 2015. Although the expected development timeline and specific details have changed, Ethereum continues to proceed as planned and continues to upgrade the protocol to ensure improved usability, security, functionality, and decentralization.​

A popular cryptocurrency analyst believes it’s “hard to be bearish” on smart contract platform Ethereum (ETH) at the moment.

Anonymous cryptocurrency trader Inmortal told his 194,900 Twitter followers that Ethereum was priced at $2,000, just like Bitcoin ( BTC ) was priced at $6,000 in 2019.

He also noted that ETH has been hitting macro higher lows since the summer of 2022.

“It’s hard to be bearish on ETH.

Look at this structure.

> 2k is equivalent to BTC’s 6k level in 2019. > Macro lows from summer 2022 are higher. "

Crypto king Bitcoin ( BTC ) could surge to new 2023 highs before correcting, according to a cryptocurrency trader.

Anonymous analyst Altcoin Sherpa said Bitcoin could rise single-digit percentage points from current levels to $32,000.

According to altcoin Sherpa, Bitcoin could see a sharp drop after a slight rise.

“BTC: It’s looking tough, but I think the next big level is $32,000. It looks likely to get there before any major downside moves – there’s probably a lot of liquidity to collect.

How to discover projects with hundreds of times the potential? Recently, I heard that some people in our community are very anxious. Why have some projects increased dozens or hundreds of times, but he hasn’t received any? Either they made a swing and sold out, or they rushed to the top of the mountain to stand guard. Some people even rushed to the Pixiu Pan. Why is it that in such a market situation, some people can't afford the big meat in front of us? Perhaps there may be a lack of investment logic here to discover potential projects.

How to discover a project with great potential. Then this first point is called the cycle of giving birth to new opportunities. What's the meaning? First of all, I think we need to capture this cycle, because every cycle will give birth to new sectors, and each sector will give birth to new leading projects, and these leading projects are good opportunities for people to make wealth.

Casino hackers use surges to flow into exchanges, causing a large number of accounts to become passive. How to prevent it? Before starting, everyone is welcome to use the exchange’s highest rebate registration link or invitation code below the video. Your support is the motivation for my updates. Since the launch of the nationwide card cancellation operation in October 2020, it has become a common knowledge in the industry that black and gray industries use cryptocurrency transactions to launder money. Investors are well aware of the current situation that collecting black and gray funds may lead to card freezing or even suspicion of bank credit fraud. Due to its high liquidity and concealment characteristics, USD generated based on blockchain technology is used to a certain extent in the money laundering process of many upstream crimes, including online gambling, extortion, drug trafficking, theft, fraud, violent terrorism, etc. These USD related to illegal activities are defined by the industry as Hayu, and based on the degree of exposure of Hayu, we further divide the source addresses into two major categories. One category is addresses related to security incidents on the chain that are mainly hacker attacks. This type of address Because it has received widespread attention from the industry, it is often flagged by major data platforms or AML platforms immediately after an accident occurs. The other category is the on-chain fund addresses of various black and gray products. The illegal activities of these black and gray products are often secretive and niche, and their on-chain fund flows are rarely explored by mainstream data analysis platforms. However, normal The user's address security is affected.

Recently, after Bitcoin rose above Bitcoin Cash and broke through the 30,000 mark, the market focus shifted to the surge in Bitcoin Cash derived from it, with the price soaring nearly 2 times in 10 days. Bitcoin Cash (BCH) was still trading at $104 on June 20, but a miracle happened at the end of June, and the price exploded to $306, a 1.94x increase.

Some conclusions have been drawn on the reasons for Bitcoin Cash’s explosive rise

The reasons for Bitcoin Cash’s resurgence have some conclusions after heated discussions over the past few days. Among them, the listing of new crypto exchange EDX Markets is beneficial to BCH because it is an exchange backed by industry giants Citadel Securities, Charles Schwab Corp. and Fidelity Digital Assets.

After Blackrock, the largest asset management group in the United States, officially applied for a Bitcoin ETF with the U.S. Securities and Exchange Commission on June 15, 2023, the price of Bitcoin has reached close to US$31,000. This scene is reminiscent of 2019, also at the end of June, when the price of Bitcoin returned to $10,000. With a three-fold increase in four years, this return is not too bad. It should kill 99.9% of fund managers in the same period.​

On June 18, 2022, the price of Bitcoin once dropped to $18,250. The famous economist and Nobel Prize winner Mr. Krugman jumped out on Twitter on time, gloating and saying, "Fellows, this is too bad." It’s touching” (he also jumped out once before when Bitcoin fell to $3,000 at the end of 2018). In the year after Mr. Grams spoke, Bitcoin rose 69%. It's really touching.

Cryptocurrency markets reacted calmly despite Bitcoin price swings amid inflation concerns. SOL, the token of the Solana smart contract blockchain, rose by more than 10% amid this chaos, demonstrating its resilience in the face of inflationary pressure.

Bitcoin price is still hovering above $30,000. According to CoinDesk, U.S. Federal Reserve Chairman Jerome Powell said at an event on financial stability in Madrid that monetary constraints will take time to have an effect. Additionally, unemployment claims fell and productivity rose, but digital assets rose only slightly.

According to data from cryptocurrency options exchange Deribit, Bitcoin (BTC) options with a notional value of nearly $4.94 billion are set to expire today (30th), which is the largest delivery in months, with the largest pain point of $26,500. .

Cinneamhain Ventures partner Adam Cochran commented on Twitter last night that there could be some market volatility

"The biggest pain point for BTC options expiration tomorrow is $26,500?! Given that cryptocurrencies usually tend to at least be at pain prices before expiration, there may be a few days of volatility..."

Bitcoin Cash (BCH) surged sharply again today, once exceeding the $300 mark. The market and media tried their best to explain the reasons behind the surge in BCH, including: EDX Markets, halving, PoW, etc. narratives and analysis , although no one is 100% sure of the logic behind this rise, what is certain is that South Korea’s cryptocurrency market has provided a lot of momentum for this wave of BCH rises. According to transaction data from the Korean exchange Upbit, the trading volume of BCH/KRW in the past 24 hours was as high as 577.6 billion won (approximately US$438 million), accounting for approximately 21.9% of the total BCH trading volume on the entire network. Even Binance, which has the largest market share, The trading volume of BCH/USDT is only 280 million US dollars. It is worth mentioning that the BCH trading volume on Upbit is still 3.4 times that of BTC.

1. Currency hoarding method: Suitable for bull market and bear market.

The coin hoarding method is the simplest and most difficult way to play. The simplest reason is that after buying a certain coin or several coins, you hold it for half a year or more than a year without operating it. Basically, the minimum profit is ten times. However, it is easy for novices to plan to change their car or get out of the car when they see high profits, or when the currency price drops by half. It is difficult for many people to persist without operating for a month, let alone a year. So this is actually the most difficult.

2. Bull market chasing method: only suitable for bull markets.

Use part of your spare money, preferably no more than one-fifth of your capital. This method is suitable for playing coins with a market value of 20-100, because at least you won’t be stuck for too long. For example, if you buy the first altcoin and it rises by 50% or more, you can exchange it for the next coin that plummets, and so on. If you are stuck with the first altcoin, then continue to wait, and the bull market will definitely be able to unwind. The premise is that the currency cannot be too deceptive. This gameplay is actually not easy to control, so newcomers need to be cautious.

The most indispensable thing in the B circle is to get rich overnight, and the most indispensable thing is miracles. You may have heard of someone who found love instantly after recovering their Bitcoin from years ago. There are also friends of friends who bought altcoins and their prices increased hundreds of times. If you want to buy a car or a house in the city where you are struggling, today we will tell you a recent story of rapid wealth. Earning 1 million with 500 yuan can be said to be a textbook miracle. But in the end, the difference from 1 million to 10 million was only 3 seconds, and 10 million passed by in 3 seconds, which is really a pity.

There is a saying that you will never make money beyond your knowledge unless you rely on luck. But money earned by luck is often lost by strength, which is inevitable. Every penny you earn is due to the realization of your understanding of the world, and every penny you lose is also due to the flaws in your understanding of the world. The greatest fairness in this world is when a person's wealth is greater than he realizes. There are a million ways in this world to harvest you until your knowledge matches your wealth. Therefore, you must read more of my articles and expand your knowledge.

Bitcoin has little attraction above 31,000, and the elevator market will continue to maintain in the short term. The trend of $ETH is still mainly linked to the big pie, and the probability of being stronger than the big pie in the future is still high. The reasons are as follows:

1/ The U.S. consumer confidence index and new home sales data in June were both higher than expected. It said that the U.S. economy is very strong. However, this good news did not have an obvious linkage effect in the currency circle, and the currency circle is not related to the trend of U.S. stocks.

2/ There is a net outflow of stablecoin funds, and there is a lack of large amounts of funds to receive orders. For speculative funds, the appeal above 30,000 is limited, and the probability of a short-term correction is greater than an increase. Institutions expect futures delivery to be below 30,000, which is a highly probable event.

The U.S. Federal Reserve chose to pause raising interest rates in June, indicating that the inflation nightmare has eased. However, the latest speech by the Fed Chairman hinted that interest rates may continue to rise in the future.

The prospective chairman of the Federal Reserve reiterated that interest rates may continue to rise this year, and Bitcoin once fell below 30,000

The U.S. Federal Reserve chose to pause raising interest rates in June, indicating that the inflation nightmare has eased. However, the latest speech by the Fed Chairman hinted that interest rates may continue to rise in the future. According to "CNBC", Federal Reserve Chairman Jerome Powell attended the monetary policy meeting on Wednesday (28th) and said that due to the strong performance of the U.S. job market, he believes that more measures to limit inflation will come. It was previously reported that after the Federal Reserve’s June interest rate decision meeting, it revealed expectations for continued interest rate hikes. At the time, Fed officials hinted that the United States was still likely to raise interest rates two more times by the end of 2023.

As Musk acquired Twitter and entered the social platform industry, his momentum in the technology circle has gradually increased, somewhat overshadowing the attention paid to Meta CEO Zuckerberg. This may be why he agreed to Musk’s fighting competition invitation. .

Zuckerberg and Musk used the same coach to practice fighting

Two technology giants, Tesla CEO Elon Musk and Meta CEO Mark Zuckerberg, interacted remotely recently. Zuckerberg accepted Musk’s proposal for a fighting match on Twitter, sparking heated discussions. . Although Musk's mother immediately jumped out and shouted "no hitting", the two technology urchins recently coincidentally called in Lex Friedman (Lex), a research scientist at the Massachusetts Institute of Technology and also has 15 years of experience in Brazilian Jiu-Jitsu. Fridman) as a sparring partner, the "Fighting Tournament of the Century" seems to be something like that. Friedman's Twitter recently posted the training process with Musk and Zuckerberg respectively. He was impressed by Musk's strength and skills, but at the same time he couldn't help but say that if the two were training martial arts instead of Fight in a cage and the world is a better place.

Founder of MicroStrategy: Regulation is good, and he is optimistic that Bitcoin will rise another 10 times

Recently, the U.S. Securities and Exchange Commission (SEC) has successively sued Binance and Coinbase exchanges, casting a shadow over the cryptocurrency industry. However, Michael Saylor, founder of enterprise-level Bitcoin whale MicroStrategy, doesn’t think so. According to "Decrypt" reports, he bluntly stated in a recent interview with "Bloomberg" that regulatory actions will actually promote the adoption of Bitcoin. Thaler noted that regulatory clarity will drive Bitcoin adoption by removing confusion and anxiety. The biggest concern for regulators is other “crypto-securities,” that is, cryptocurrencies that should be classified as securities. He added that the regulator’s definition of exchanges is quite narrow and believes that exchanges should only be able to trade and hold pure digital commodities like Bitcoin.