Does the amount of land determine the land price? No one is trading!
Crypto market volumes remain below average, with the latest Kaiko report stating that CEX’s average daily spot volume over the past four months is the lowest since October 2020, when BTC was at $10,000 and ETH was at $350.
October 2020 is the moment when Defi takes off. Market trading volume becomes active and the market enters a bull market mode. But now there is no new capital entering the market, and there is no new narrative. The Ethereum ecosystem mainly relies on Layer-2 and the airdrop interaction of early projects.
As the market generally believes that it is now the bottom range of the bear market, supported by positive factors such as the halving of the pie next year, the approval of spot ETFs, and the Federal Reserve's interest rate cuts, funds continue to increase their holdings of mainstream crypto assets, but they are mainly long-term allocations, and they raise their holdings after increasing their holdings. Save it to the wallet and do not trade it.
Triggered by SEC appeal, Bitcoin fell below $29,500, and technical indicators are bullish on $30,000!
This morning, Bitcoin is back in negative territory. The U.S. Securities and Exchange Commission has launched an appeals process to keep the U.S. cryptocurrency market in limbo for longer. $BTC $ETH $BNB
On Wednesday, BTC followed the broader market lower, falling 0.51% to close at $30,190.
Profit-taking and SEC court filings in SEC v. Ripple put BTC at a disadvantage.
However, near-term technical indicators remain bullish, pointing to a return to $31,500.
On Wednesday, Bitcoin (Bitcoin) fell 0.51%. BTC partially reversed Tuesday’s 1.99% gain to end the day at $30,190. Notably, Bitcoin held on to the $30,000 mark for the second time since July 23.
Analysis of Grayscale Fund in August Crypto Market: The market trend may depend on the US economy
The digital asset market has shown clear signs of recovery since late 2022, with the crypto industry benefiting from technological and legislative advances. $BTC $ETH $BNB
Macro factors may be the biggest risk in the cryptocurrency market right now. Recent economic data has shown a favorable combination of low inflation and solid growth, making a recession much less likely. Market expectations for a "soft landing" have boosted stocks such as crude oil and regional banks, which have lagged behind the rally in risk assets.
If the U.S. economy can achieve a soft landing, the cryptocurrency market’s rally can be sustained. However, if the economy falters or the Federal Reserve raises interest rates further, the crypto recovery could pause in the short term.
Bitcoin Volatility Index hits a record low, and the sickle of funds has changed its track
Judging from the data, the Bitcoin volatility index fell to 37.08, a record low. There was neither funds to increase nor chips to sell. The same is true for Ethereum. This state is even more "depressing" than the sideways trading before and after the collapse at the end of 2018. $BTC $ETH $BNB
The market prices of Bitcoin and Ethereum have become very "boring", while altcoins are relatively "exciting" and have relatively large fluctuations.
At the macro level, the Federal Reserve's high interest rate environment and supervision will not improve for the time being, and funding has been tightening. The consensus of Bitcoin halving and expectations of spot ETFs are also supporting the market. The two forces form an extremely delicate balance, and this balance will not be broken until a new narrative or major event appears.
Airdrop tutorial! Mantle nanny-level airdrop interactive tutorial! 99% of people on the external network translation did not participate! Start secretly!
@0xMantle is a seriously underestimated L2 public chain, with a high probability of airdrop! At present, the mainnet has just been launched. Become an early user soon and wait for blessings in the future!
The project party is very rich! If an airdrop is launched, it will definitely be a king-level pig's trotter rice!
Mantle is a modular blockchain, and this public chain is seriously underestimated and has unlimited potential. Why do you say this?
This public chain was initiated and created by BitDAO itself, and BitDAO is currently the DAO with the largest amount of funds, which is enough to prove the large amount of funds of the project party.
It was revealed in Mantle’s official documentation that the project team has the idea of using part of $MNT as airdrops to motivate users. In recent AMAs, it has been repeatedly revealed that there are plans for airdrops!
This USD-pegged stablecoin issued by Paypal is poised to bridge the gap between traditional fiat currencies and the growing world of digital assets. #荣耀时刻 #fdusd #Multichain #带你看看币安Launchpad
The most lively thing in the Filecoin community recently is the launch of a proposal. The full text is relatively long, and the general content is as follows:
The FIL community initiated proposal#774to reduce the Fil+ order computing power multiplier. The proposal believes that Fil+ has attracted a large number of verified customers and data to the network, but it has also brought problems such as consensus overload, complexity, and poor user experience. Based on this, two proposals are put forward: 1. Immediately stop the allocation of new DataCap and eliminate the 10x computing power multiplier in the network upgrade after the completion of FIP; 2. Gradually multiply the computing power of Fil+ orders within the preset period. The number is reduced from 10 times to 1 times. The proposal is still in the discussion stage.
Why do many virtual coins not return to zero? The essence of trading is the supply and demand of chips
Most people have a strong interest in investment and financial management. After all, who doesn’t love money? However, many friends confuse financial management, investment, and trading. Most people want to manage financial resources, but in fact they are investing, and most of the people who invest are doing trading. There are essential differences between these three, and it is easy to get confused if you don't understand them clearly.
The core of financial management is allocation. Reasonably arrange your financial resources to meet life's needs, solve life's worries, and make life better. This process is called financial management. For example, if you want to travel, your budget is 10,000 yuan, and your financial arrangements include exactly this 10,000 yuan; for example, if you are worried about getting sick and need to spend 300,000 yuan, your financial arrangements also include corresponding social security and commercial insurance, etc. Let every penny serve your life, this is financial management. Many people have money, but they have become slaves to money. The huge wealth they own not only fails to make them happier, but also brings them more pain and anxiety. For such people, money is worse than no money. If you cannot control wealth, wealth will bite you back.
Learning to trade from scratch - three principles for smart crypto investors
In-depth analysis, principal safety, and appropriate returns. Who is a “smart investor”? Graham defined it as "based on in-depth analysis to ensure the safety of principal and obtain appropriate returns." On the contrary, anything that does not meet the conditions is speculation.
Among them, there are three levels of definition: in-depth analysis, principal safety, and appropriate return.
——In-depth analysis: Investors should conduct in-depth research and analysis to understand the fundamentals, industry trends, competitive environment and other key factors of the investment projects. This includes an assessment of the company's financial health, the capabilities and credibility of its management team, and more. Only through sufficient analysis can investors better understand the value and potential risks of the project and make wise investment decisions. ——Principal safety: Investors should put principal safety first. This means paying attention to controlling investment risks and avoiding concentrating all funds on one project or asset. Investors can protect their principal by diversifying their investments, adopting risk management strategies and regularly evaluating their portfolios. Maintaining moderate risk tolerance and reasonable asset allocation are also important factors to ensure the safety of principal. ——Appropriate returns: Investors need to seek appropriate returns, that is, strive to obtain reasonable returns on investment while assuming certain risks. The definition of an appropriate return varies from person to person and depends on factors such as an investor's risk appetite, investment objectives and time horizon. Investors should set reasonable expected returns based on their own circumstances and goals, and choose investment opportunities that meet expected returns.
Airdrop tutorial! Polygon zkEVM tutorial! A super-powerful project! Get rich from scratch by checking in! !
First, let’s take a look at the background and expectations for interactive airdrops.
Polygon zkEVM is a decentralized Ethereum layer 2 scalability solution that uses cryptographic zero-knowledge proofs to provide validity and fast finality for off-chain transaction calculations (also known as ZK-Rollups).
Under the ZK Rollup expansion plan, off-chain (Layer2) executes transactions and completes complex calculations. After batch processing, compressing and packaging of multiple transaction data, a "zero-knowledge proof" result of the off-chain calculation will be created and submitted to the main network (Layer1). ) to perform proof verification. Mainnet verifiers can quickly check whether the proof is correct and store the data part on the mainnet, sharing the security of the mainnet.
Bitcoin (BTC) is currently exhibiting weak behavior and risks sub-$28,000 as the market oscillates within a tight range
The cryptocurrency news period has been very quiet lately. Rising government bond yields are testing buyer appetite amid a lack of cryptocurrency events. The downgrade of the U.S. sovereign rating to AA+ continues to resonate.
However, U.S. corporate earnings and economic indicators provided modest support. Amazon (AMZN) and Apple (AAPL) both beat earnings estimates after the U.S. close. U.S. non-farm productivity and factory orders were also positive for the market. However, weaker-than-expected ISM Non-Manufacturing PMI and uncertainty about the future of the SEC and spot $BTC ETF markets limited upside.
Airdrop benefits! 9 must-have airdrop tutorials and qualification inquiry panels! Quickly find out if you are eligible for a short investment!
Airdrop is a probabilistic event that takes a lot of time and energy. The key is not to be too careful, find the right project, strike accurately, and try to make the wallet interaction weight enter the top 10%. In addition, you must always pay attention to the airdrop weight of your wallet. status for more correct interaction.
The following are the key projects recommended by the God of Wealth and the real-time weight query panel, for reference only
1. @LayerZero_Labs
LayerZero is a full-chain interoperability protocol that enables seamless communication between blockchains. It has raised US$170 million and is valued at 1 billion.
Airdrop tutorial! Introduction and tutorials on Binance’s upcoming CyberConnect new activities!
The introduction is a bit long! Please be patient and watch!
1. Activity introduction
CyberTrek, the full name of CyberAccount Trek, was launched by CyberConnect, a decentralized social graph project. The event will last for two months, involve 6 major public chains, and provide a reward of US$1.8 million.
There will be a sub-activity every two weeks, and each sub-activity will invite an ecological project of a public chain to conduct online activities. The identified cooperative public chains include Polygon, Linea, Optimism, etc.
In addition, an important purpose of CyberTrek is to promote Account Abstraction technology to users.