每日insight
@Square-Creator-5cb397970
Following
Followers
Liked
Shared
See original
The impact of Joe Biden's withdrawal on the crypto market
The US presidential election has attracted more and more attention from cryptocurrency investors. Recently, there have been reports that Biden may withdraw from the election. What does this mean for the market? Let's analyze it.
The possibility of Biden withdrawing from the election is rising. According to data from the prediction market Polymarket, the probability of Biden withdrawing from the election has risen to 50%, and the trading volume of the relevant market has exceeded 8 million US dollars.
Analysts generally believe that Biden's cognitive decline and poor debate performance may lead to his resignation or impeachment. The prediction market shows that Biden's probability of re-election has fallen to 18%, the probability of withdrawing from the election has risen to 47%, and the probability of Vice President Harris winning the Democratic nomination has risen to 13%.
In the short term, Biden's withdrawal from the election will bring uncertainty to the market and may trigger a sell-off. But in the long term, Trump's approval rating is still higher than other candidates, and his victory will be a major catalyst for the rise in cryptocurrency prices.
During the campaign, Trump expressed support for cryptocurrencies such as Bitcoin, in contrast to the cautious and strict regulatory stance of the Biden administration. Analysis predicts that if Trump is re-elected, there will be a big bull market from the fourth quarter of 2024 to the first quarter of 2026.
However, if the Democratic Party can introduce a strong new candidate, Trump's chances of winning will also decrease, which may not be good for cryptocurrency enthusiasts. In addition, the prices of some political meme coins may also fluctuate significantly as the election develops.
Overall, the news of Biden's withdrawal from the election is fermenting, which may increase market volatility in the short term. In the medium and long term, Trump's re-election is good for cryptocurrencies, but the final result still depends on whether the Democratic Party can introduce a competitive candidate. Investors need to pay close attention to changes in political trends and prepare in advance.
#拜登 #特朗普拜登 #退选
$BTC $ETH
The US presidential election has attracted more and more attention from cryptocurrency investors. Recently, there have been reports that Biden may withdraw from the election. What does this mean for the market? Let's analyze it.
The possibility of Biden withdrawing from the election is rising. According to data from the prediction market Polymarket, the probability of Biden withdrawing from the election has risen to 50%, and the trading volume of the relevant market has exceeded 8 million US dollars.
Analysts generally believe that Biden's cognitive decline and poor debate performance may lead to his resignation or impeachment. The prediction market shows that Biden's probability of re-election has fallen to 18%, the probability of withdrawing from the election has risen to 47%, and the probability of Vice President Harris winning the Democratic nomination has risen to 13%.
In the short term, Biden's withdrawal from the election will bring uncertainty to the market and may trigger a sell-off. But in the long term, Trump's approval rating is still higher than other candidates, and his victory will be a major catalyst for the rise in cryptocurrency prices.
During the campaign, Trump expressed support for cryptocurrencies such as Bitcoin, in contrast to the cautious and strict regulatory stance of the Biden administration. Analysis predicts that if Trump is re-elected, there will be a big bull market from the fourth quarter of 2024 to the first quarter of 2026.
However, if the Democratic Party can introduce a strong new candidate, Trump's chances of winning will also decrease, which may not be good for cryptocurrency enthusiasts. In addition, the prices of some political meme coins may also fluctuate significantly as the election develops.
Overall, the news of Biden's withdrawal from the election is fermenting, which may increase market volatility in the short term. In the medium and long term, Trump's re-election is good for cryptocurrencies, but the final result still depends on whether the Democratic Party can introduce a competitive candidate. Investors need to pay close attention to changes in political trends and prepare in advance.
#拜登 #特朗普拜登 #退选
$BTC $ETH
See original
#Analysis of the impact of PCE data on the cryptocurrency market
## PCE data overview
According to the latest data released, the core PCE price index was 2.6% annually in May, in line with expectations and down from the previous value of 2.8%. The monthly rate increased by only 0.1%, the smallest increase since November 2023.
The overall PCE data showed:
- Month-on-month growth of 0.0%, in line with expectations
- Year-on-year growth of 2.6%, lower than the previous value of 2.7%
The core PCE data showed:
- Month-on-month growth of 0.1%, in line with expectations
- Year-on-year growth of 2.6%, lower than the previous value of 2.7%
## Market reaction
After the release of PCE data, the futures market jumped.
In the cryptocurrency market, it was reported that Bitcoin continued to consolidate above $61,000 before the release of PCE data. Although there was some liquidation of over-leveraged positions after the release of the data, it was "insignificant".
## Potential impact on monetary policy
The PCE data further reinforced the narrative that the inflation trend is back on track. If this trend continues over the next two months, it could increase the likelihood of a rate cut by the Federal Reserve in September.
Currently, the federal funds rate is 2.7 percentage points above core PCE, the most restrictive monetary policy since September 2007.
## Impact on Cryptocurrencies
While the direct impact of PCE data on cryptocurrencies is unclear, its impact on monetary policy expectations could indirectly affect the cryptocurrency market:
1. Slowing inflation and potential expectations of rate cuts could have a positive impact on risky assets such as Bitcoin. A low interest rate environment typically increases investors' preference for riskier assets.
2. A weaker dollar could support cryptocurrencies. , The rise in the stock market is partly attributed to a weaker dollar, and this trend could also be positive for cryptocurrencies.
3. However, the immediate reaction in the cryptocurrency market seems muted. This could indicate that traders are waiting for clearer signals, or that the cryptocurrency market may be forming its own independent dynamics.
4. In the long run, if inflation continues to slow, it could weaken some of Bitcoin's appeal as a hedge against inflation. But at the same time, a more favorable macroeconomic environment could increase overall demand for risky assets.
#美国5月核心PCE物价指数年率增幅创2021年3月以来新低
#PCE数据
## PCE data overview
According to the latest data released, the core PCE price index was 2.6% annually in May, in line with expectations and down from the previous value of 2.8%. The monthly rate increased by only 0.1%, the smallest increase since November 2023.
The overall PCE data showed:
- Month-on-month growth of 0.0%, in line with expectations
- Year-on-year growth of 2.6%, lower than the previous value of 2.7%
The core PCE data showed:
- Month-on-month growth of 0.1%, in line with expectations
- Year-on-year growth of 2.6%, lower than the previous value of 2.7%
## Market reaction
After the release of PCE data, the futures market jumped.
In the cryptocurrency market, it was reported that Bitcoin continued to consolidate above $61,000 before the release of PCE data. Although there was some liquidation of over-leveraged positions after the release of the data, it was "insignificant".
## Potential impact on monetary policy
The PCE data further reinforced the narrative that the inflation trend is back on track. If this trend continues over the next two months, it could increase the likelihood of a rate cut by the Federal Reserve in September.
Currently, the federal funds rate is 2.7 percentage points above core PCE, the most restrictive monetary policy since September 2007.
## Impact on Cryptocurrencies
While the direct impact of PCE data on cryptocurrencies is unclear, its impact on monetary policy expectations could indirectly affect the cryptocurrency market:
1. Slowing inflation and potential expectations of rate cuts could have a positive impact on risky assets such as Bitcoin. A low interest rate environment typically increases investors' preference for riskier assets.
2. A weaker dollar could support cryptocurrencies. , The rise in the stock market is partly attributed to a weaker dollar, and this trend could also be positive for cryptocurrencies.
3. However, the immediate reaction in the cryptocurrency market seems muted. This could indicate that traders are waiting for clearer signals, or that the cryptocurrency market may be forming its own independent dynamics.
4. In the long run, if inflation continues to slow, it could weaken some of Bitcoin's appeal as a hedge against inflation. But at the same time, a more favorable macroeconomic environment could increase overall demand for risky assets.
#美国5月核心PCE物价指数年率增幅创2021年3月以来新低
#PCE数据
See original
LISTA Tokens - Latest Updates on Lista DAO
Lista DAO is a rising star in the field of decentralized finance (DeFi), supporting decentralized lending and improved governance with innovative permissionless LSD and CDP solutions. With the issuance of LISTA tokens, the Lista DAO project has continued to gain attention in recent days.
The rights and benefits of owning $LISTA :
1. Participate in community governance - Holders of $LISTA tokens can propose and vote to determine the development path of the Lista DAO project.
2. Staking mining - Staking $LISTA tokens can receive dividends from protocol fees. Through the slisBNB automated liquidity pool jointly launched by ThenaFi, stakers can also receive additional $LISTA and $BNB rewards [1].
3. Borrowing privileges - $LISTA holders enjoy priority borrowing qualifications and lower liquidation risks in Lista CDP.
Industry KOLs are optimistic about the future of the slisBNB pool:
Famous blogger @ThenaFi_ pointed out that this pool is jointly supported by CryptoAlgebra and GammaStrategies, providing fully automatic liquidity for $LISTA on the BNB Chain. In addition to mining income, holders can also obtain voting rights [2].
And slisBNB is just the beginning. With the development of Lista DAO in the field of liquidity staking, more innovative DeFi application scenarios are expected to emerge in the future. Analyst @Elizabethofyou said that $LISTA achieved a good increase today, and the logic is in the community, and is optimistic about its long-term prospects [3].
In addition, Lista DAO continues to receive support from major platforms and ecological partners, and is expected to continue to exert its strength in the DeFi track:
- Binance launched the "Meme Heroes" plan, allocating US$900,000 to support the Meme coin ecosystem, with $LISTA as one of the main projects [4].
- KuCoin included $LISTA in its weekly project report for key tracking [5].
- BNB Chain, ThenaFi and other ecological partners have successively expressed their support [6].
In general, with the continuous development of Lista DAO and $LISTA , its potential in decentralized lending and liquidity pledge scenarios is expected to be further released, injecting new vitality into the DeFi industry. We will continue to pay attention to the progress of the project and bring you first-hand information in a timely manner.
Disclaimer: This article does not constitute any investment advice. The cryptocurrency market is changing rapidly, and investment should be cautious.
$LISTA
Lista DAO is a rising star in the field of decentralized finance (DeFi), supporting decentralized lending and improved governance with innovative permissionless LSD and CDP solutions. With the issuance of LISTA tokens, the Lista DAO project has continued to gain attention in recent days.
The rights and benefits of owning $LISTA :
1. Participate in community governance - Holders of $LISTA tokens can propose and vote to determine the development path of the Lista DAO project.
2. Staking mining - Staking $LISTA tokens can receive dividends from protocol fees. Through the slisBNB automated liquidity pool jointly launched by ThenaFi, stakers can also receive additional $LISTA and $BNB rewards [1].
3. Borrowing privileges - $LISTA holders enjoy priority borrowing qualifications and lower liquidation risks in Lista CDP.
Industry KOLs are optimistic about the future of the slisBNB pool:
Famous blogger @ThenaFi_ pointed out that this pool is jointly supported by CryptoAlgebra and GammaStrategies, providing fully automatic liquidity for $LISTA on the BNB Chain. In addition to mining income, holders can also obtain voting rights [2].
And slisBNB is just the beginning. With the development of Lista DAO in the field of liquidity staking, more innovative DeFi application scenarios are expected to emerge in the future. Analyst @Elizabethofyou said that $LISTA achieved a good increase today, and the logic is in the community, and is optimistic about its long-term prospects [3].
In addition, Lista DAO continues to receive support from major platforms and ecological partners, and is expected to continue to exert its strength in the DeFi track:
- Binance launched the "Meme Heroes" plan, allocating US$900,000 to support the Meme coin ecosystem, with $LISTA as one of the main projects [4].
- KuCoin included $LISTA in its weekly project report for key tracking [5].
- BNB Chain, ThenaFi and other ecological partners have successively expressed their support [6].
In general, with the continuous development of Lista DAO and $LISTA , its potential in decentralized lending and liquidity pledge scenarios is expected to be further released, injecting new vitality into the DeFi industry. We will continue to pay attention to the progress of the project and bring you first-hand information in a timely manner.
Disclaimer: This article does not constitute any investment advice. The cryptocurrency market is changing rapidly, and investment should be cautious.
$LISTA
See original
1/ Investment analysis and advice on $NOT 🧵: $NOT is currently the largest memecoin project on the $TON blockchain. Recently, they destroyed $3 million worth of tokens and invested $4.2 million as user incentives. 🔥
2/ Notcoin's token distribution is very community-oriented. According to its white paper, 91.4% of $NOT tokens are distributed among 11.5 million addresses, including traders, miners, and stakers. The remaining 5.82% is for future development.
https://x.com/wublockchain12/status/1805579569757667498
3/ Notcoin's airdrop scale even exceeds the sum of ZkSync and LayerZero. 11.5 million users received $NOT tokens, compared to 695,000 users of ZKSync and 1.28 million of LayerZero. At the historical high price, the total value of Notcoin's airdrop is $2.5 billion.
https://x.com/thenotcoin/status/1805583486750695774
4/ @ton_blockchain data shows that Notcoin is one of the most popular Tap2Earn games in the TON ecosystem. Along with Catizen, Hamster Combat and Yescoin, it can be easily accessed and played in the Bitget wallet through TON Connect. 💎
https://x.com/ton_blockchain/status/1805764368723849263
5/ Analysts believe that as more and more high-quality projects in the TON ecosystem need to be exposed, Notcoin, as a leader, will play the role of "starter" to help them acquire customers efficiently. Some projects are already trying to cooperate with $NOT and promote NOT deflation by destroying tokens.
https://x.com/ZKSgu/status/1805571319460938006
6/ In general, Notcoin is expected to achieve greater development in the future with its leading position in the TON ecosystem, community-based token distribution model, and deflationary measures of continuous coin burning. At present, $NOT still has a lot of room for growth and is worth paying attention to. 📈
7/ Attached are some useful links:
Notcoin official website: https://thenotcoin.com/
$NOT token economic model: https://x.com/thenotcoin/status/1805565102466220523
Summary of hot fields such as TON ecological games: https://x.com/ton_blockchain/status/1805492493317726632
*This analysis only represents personal opinions and does not constitute investment advice.
$NOT
2/ Notcoin's token distribution is very community-oriented. According to its white paper, 91.4% of $NOT tokens are distributed among 11.5 million addresses, including traders, miners, and stakers. The remaining 5.82% is for future development.
https://x.com/wublockchain12/status/1805579569757667498
3/ Notcoin's airdrop scale even exceeds the sum of ZkSync and LayerZero. 11.5 million users received $NOT tokens, compared to 695,000 users of ZKSync and 1.28 million of LayerZero. At the historical high price, the total value of Notcoin's airdrop is $2.5 billion.
https://x.com/thenotcoin/status/1805583486750695774
4/ @ton_blockchain data shows that Notcoin is one of the most popular Tap2Earn games in the TON ecosystem. Along with Catizen, Hamster Combat and Yescoin, it can be easily accessed and played in the Bitget wallet through TON Connect. 💎
https://x.com/ton_blockchain/status/1805764368723849263
5/ Analysts believe that as more and more high-quality projects in the TON ecosystem need to be exposed, Notcoin, as a leader, will play the role of "starter" to help them acquire customers efficiently. Some projects are already trying to cooperate with $NOT and promote NOT deflation by destroying tokens.
https://x.com/ZKSgu/status/1805571319460938006
6/ In general, Notcoin is expected to achieve greater development in the future with its leading position in the TON ecosystem, community-based token distribution model, and deflationary measures of continuous coin burning. At present, $NOT still has a lot of room for growth and is worth paying attention to. 📈
7/ Attached are some useful links:
Notcoin official website: https://thenotcoin.com/
$NOT token economic model: https://x.com/thenotcoin/status/1805565102466220523
Summary of hot fields such as TON ecological games: https://x.com/ton_blockchain/status/1805492493317726632
*This analysis only represents personal opinions and does not constitute investment advice.
$NOT
$PEPE
- Key support/resistance level at $0.00905. Closing below this level is bearish, above is bullish.
- Memecoin narrative remains bullish.
- Potential to follow successful paths of previous memecoins, with current attention indicating a possible surge.
$BONK
- Higher accessibility and credibility on Coinbase compared to $WIF.
$TRUMP
- Predicted to have a liquid 10x potential, heavily influenced by upcoming election and media coverage.
$MAGA
- Significant growth noted from $100k to $133 million market cap in 10 days.
- Expected to perform well due to political narratives.
$SAND
- The Sandbox is creating a DAO to decentralize governance, increase user engagement, and empower its community, ensuring transparency, innovation, and resilience.
$SOL
- Solana's strong recovery post-FTX/Alameda collapse is attracting Ethereum developers to deploy on Solana, signaling significant cross-chain activity and interest in Solana's ecosystem.
$NEAR
- Emphasizes the importance of predicting trends over riding hyped narratives, supported by insights from AI leaders on decentralized access and the future of Web3 AI.
- Key support/resistance level at $0.00905. Closing below this level is bearish, above is bullish.
- Memecoin narrative remains bullish.
- Potential to follow successful paths of previous memecoins, with current attention indicating a possible surge.
$BONK
- Higher accessibility and credibility on Coinbase compared to $WIF.
$TRUMP
- Predicted to have a liquid 10x potential, heavily influenced by upcoming election and media coverage.
$MAGA
- Significant growth noted from $100k to $133 million market cap in 10 days.
- Expected to perform well due to political narratives.
$SAND
- The Sandbox is creating a DAO to decentralize governance, increase user engagement, and empower its community, ensuring transparency, innovation, and resilience.
$SOL
- Solana's strong recovery post-FTX/Alameda collapse is attracting Ethereum developers to deploy on Solana, signaling significant cross-chain activity and interest in Solana's ecosystem.
$NEAR
- Emphasizes the importance of predicting trends over riding hyped narratives, supported by insights from AI leaders on decentralized access and the future of Web3 AI.
See original
#UNI
Key Insights:
- Uniswap’s annualized revenue from UI fees hit $135 million, generating $11 million in revenue last month.
- Uniswap Foundation’s operating expenses last quarter were just $1 million, suggesting they are actually spending $4 million per year, separate from Uniswap Labs.
$ETH
Key Insights:
- Ethereum is rebounding, which combined with ETF approval and aggressive US regulation could spark significant market volatility this week.
- Ethereum nears $4,000, with funding rates indicating further upside potential.
- Total TVL for Ethereum Layer 2 solutions hits new all-time high, indicating strong growth and adoption.
$APT
- Aptos surpasses Solana in daily volume, leading with 57 million daily transactions.
$BTC
- Bitcoin’s technical structure remains bullish, with EMAs crossing and holding, indicating potential for the next leg up.
- Bitcoin's stochastics have shown a golden cross, and RSI divergence suggests the market is ready for the next leg up.
- Bitcoin ETFs now hold more than 1 million Bitcoins, indicating strong institutional demand.
- MicroStrategy's Michael Saylor believes that the approval of a spot Ethereum ETF is good for Bitcoin adoption.
- Bitcoin's rising expanding wedge pattern is poised to take off, and if the pattern holds, it suggests that prices could surge to $100,000. #现货以太坊ETF获美SEC批准 #
Key Insights:
- Uniswap’s annualized revenue from UI fees hit $135 million, generating $11 million in revenue last month.
- Uniswap Foundation’s operating expenses last quarter were just $1 million, suggesting they are actually spending $4 million per year, separate from Uniswap Labs.
$ETH
Key Insights:
- Ethereum is rebounding, which combined with ETF approval and aggressive US regulation could spark significant market volatility this week.
- Ethereum nears $4,000, with funding rates indicating further upside potential.
- Total TVL for Ethereum Layer 2 solutions hits new all-time high, indicating strong growth and adoption.
$APT
- Aptos surpasses Solana in daily volume, leading with 57 million daily transactions.
$BTC
- Bitcoin’s technical structure remains bullish, with EMAs crossing and holding, indicating potential for the next leg up.
- Bitcoin's stochastics have shown a golden cross, and RSI divergence suggests the market is ready for the next leg up.
- Bitcoin ETFs now hold more than 1 million Bitcoins, indicating strong institutional demand.
- MicroStrategy's Michael Saylor believes that the approval of a spot Ethereum ETF is good for Bitcoin adoption.
- Bitcoin's rising expanding wedge pattern is poised to take off, and if the pattern holds, it suggests that prices could surge to $100,000. #现货以太坊ETF获美SEC批准 #
$PEPE
- Strong bullish sentiment and significant ownership, positioning $PEPE for further price discovery.
- High trading volume and market cap growth on $SOL indicate a bullish outlook.
- Significant outperformance noted with potential to flip $SHIB in market cap.
$BRETT
- Strong resilience and significant recovery in the BASE narrative.
- Aggressive accumulation indicating high long-term potential.
$DOGE
- Chart looks ultra bullish; meme diversification suggested, favoring $PEPE for higher potential returns.
- Strong bullish sentiment and significant ownership, positioning $PEPE for further price discovery.
- High trading volume and market cap growth on $SOL indicate a bullish outlook.
- Significant outperformance noted with potential to flip $SHIB in market cap.
$BRETT
- Strong resilience and significant recovery in the BASE narrative.
- Aggressive accumulation indicating high long-term potential.
$DOGE
- Chart looks ultra bullish; meme diversification suggested, favoring $PEPE for higher potential returns.
See original
$BTC
- The Bitcoin ETF acquired 15,421 BTC in a week, while miners only produced 3,150 BTC, indicating a potential supply shock.
- The adoption of Ordinals could bring significant new user growth to Bitcoin.
- Presidential candidate Donald Trump pledges to support Bitcoin, oppose CBDCs, and pledge to protect the cryptocurrency self-custody rights of 50M US users. This suggests that the future regulatory environment will support Bitcoin innovation.
- If re-elected, Trump vowed to commute Ross Ulbricht’s prison sentence, making himself a pro-crypto candidate to appeal to liberal voters.
- The approval of the Ethereum ETF is pushing Bitcoin stakeholders to innovate with support for Ordinals, cross-chain BTC, better wallet user experience, and more frequent consensus upgrades.
$ETH
- Ethereum ETF approval paves the way for more crypto funds, with demand estimated at 20-25% of Bitcoin ETFs.
- Ethereum price fell on news of SEC approval of ETF, showing the impact of regulation on pricing.
- Spot Ethereum ETF trading may launch before the 2024 US election.
- SEC approval of an Ethereum ETF could spur the launch of more diverse crypto funds and drive billions in institutional investment. Demand is estimated at 20-25% of Bitcoin ETF levels.
- ETH’s recent price decline reflects caution over regulatory approval timelines. Ether ETF becomes political issue ahead of 2024 election.
- The key narrative for wider adoption of Ethereum is that it adds value to the proposition and is now considered a significant investment by the world’s largest asset managers.
- Hong Kong may allow spot ETH ETFs with collateral, unlike US regulations.
$SOL
- Solana’s latest developments: faster competition entries, on-chain asset movement, private lending, mobile apps, liquidity/market makers.
- deBridgeFinance won the LFG community vote with 59% support and will list LFG in the next few months.
- The Bitcoin ETF acquired 15,421 BTC in a week, while miners only produced 3,150 BTC, indicating a potential supply shock.
- The adoption of Ordinals could bring significant new user growth to Bitcoin.
- Presidential candidate Donald Trump pledges to support Bitcoin, oppose CBDCs, and pledge to protect the cryptocurrency self-custody rights of 50M US users. This suggests that the future regulatory environment will support Bitcoin innovation.
- If re-elected, Trump vowed to commute Ross Ulbricht’s prison sentence, making himself a pro-crypto candidate to appeal to liberal voters.
- The approval of the Ethereum ETF is pushing Bitcoin stakeholders to innovate with support for Ordinals, cross-chain BTC, better wallet user experience, and more frequent consensus upgrades.
$ETH
- Ethereum ETF approval paves the way for more crypto funds, with demand estimated at 20-25% of Bitcoin ETFs.
- Ethereum price fell on news of SEC approval of ETF, showing the impact of regulation on pricing.
- Spot Ethereum ETF trading may launch before the 2024 US election.
- SEC approval of an Ethereum ETF could spur the launch of more diverse crypto funds and drive billions in institutional investment. Demand is estimated at 20-25% of Bitcoin ETF levels.
- ETH’s recent price decline reflects caution over regulatory approval timelines. Ether ETF becomes political issue ahead of 2024 election.
- The key narrative for wider adoption of Ethereum is that it adds value to the proposition and is now considered a significant investment by the world’s largest asset managers.
- Hong Kong may allow spot ETH ETFs with collateral, unlike US regulations.
$SOL
- Solana’s latest developments: faster competition entries, on-chain asset movement, private lending, mobile apps, liquidity/market makers.
- deBridgeFinance won the LFG community vote with 59% support and will list LFG in the next few months.
See original
$LINK
- Key Insight: Consolidation below long-term channel resistance at $17.50 shows bullish potential
$ETH
- Key Insight: Ethereum spot ETF approval could bring in $15 billion to $45 billion inflows within the first year, showing strong market interest
$BTC
- Key Insight: Bitcoin ETF inflows exceed $100 million for eight consecutive days, led by Blackrock's $89 million
$NMT, $DEAI, $FLT, $PHA, $SPEC
- Key Insight: Identified as a good buying opportunity, prices are expected to rise soon due to the accumulation of momentum
$NIMBUS
- Key Insight: Decentralized GPU market launches next week; closest competitor has a market cap of $200 million, suggesting potential growth
$SOUL
- Key Insight: New DeFi protocol aims to simplify cross-chain lending; leverages @LayerZero_Labs for cross-chain communication
- Key Insight: Consolidation below long-term channel resistance at $17.50 shows bullish potential
$ETH
- Key Insight: Ethereum spot ETF approval could bring in $15 billion to $45 billion inflows within the first year, showing strong market interest
$BTC
- Key Insight: Bitcoin ETF inflows exceed $100 million for eight consecutive days, led by Blackrock's $89 million
$NMT, $DEAI, $FLT, $PHA, $SPEC
- Key Insight: Identified as a good buying opportunity, prices are expected to rise soon due to the accumulation of momentum
$NIMBUS
- Key Insight: Decentralized GPU market launches next week; closest competitor has a market cap of $200 million, suggesting potential growth
$SOUL
- Key Insight: New DeFi protocol aims to simplify cross-chain lending; leverages @LayerZero_Labs for cross-chain communication
See original
$ETH
- Key Insights:
The SEC has approved spot Ethereum ETFs from multiple issuers including Grayscale, Bitwise, BlackRock, VanEck, ARK 21Shares, Invesco Galaxy, Fidelity, and Franklin. This marks a major milestone for the crypto industry. Trading is likely to begin in July or August. Ethereum is now effectively considered a commodity by the SEC. The approval is expected to bring in a large inflow of funds from institutional investors and boost the value of ETH.
The SEC has approved Form 19b-4 for eight Ethereum ETF issuers including major players such as BlackRock, Fidelity, and Grayscale. However, these issuers still need to make their S-1 registration statements effective to begin trading, which may take several weeks.
$BTC
- Key Insights:
Price performance is weak due to continued spot selling and position liquidation. There is a large amount of short hedging in the 68K-68.4K range. Binance spot supply is around 72K, demand levels are at 66K-65K. Market cap is close to 10% of gold. Puell Multiple indicator hints at potential rebound opportunities.
Investors can use Bitcoin’s STH-SOPR (Spent Output Profit Ratio for Short-Term Holders) to differentiate between bull and bear market states. By analyzing whether investors are buying dips or selling rallies, they can gain insights into current market sentiment.
$SOL
- Key Insights:
Solana has no negative influence from Grayscale, which could be a positive. Despite the pessimism in the market, speculation has already begun. Figure Markets bought 784,000 SOL for $80 million in the latest auction.
- Key Insights:
The SEC has approved spot Ethereum ETFs from multiple issuers including Grayscale, Bitwise, BlackRock, VanEck, ARK 21Shares, Invesco Galaxy, Fidelity, and Franklin. This marks a major milestone for the crypto industry. Trading is likely to begin in July or August. Ethereum is now effectively considered a commodity by the SEC. The approval is expected to bring in a large inflow of funds from institutional investors and boost the value of ETH.
The SEC has approved Form 19b-4 for eight Ethereum ETF issuers including major players such as BlackRock, Fidelity, and Grayscale. However, these issuers still need to make their S-1 registration statements effective to begin trading, which may take several weeks.
$BTC
- Key Insights:
Price performance is weak due to continued spot selling and position liquidation. There is a large amount of short hedging in the 68K-68.4K range. Binance spot supply is around 72K, demand levels are at 66K-65K. Market cap is close to 10% of gold. Puell Multiple indicator hints at potential rebound opportunities.
Investors can use Bitcoin’s STH-SOPR (Spent Output Profit Ratio for Short-Term Holders) to differentiate between bull and bear market states. By analyzing whether investors are buying dips or selling rallies, they can gain insights into current market sentiment.
$SOL
- Key Insights:
Solana has no negative influence from Grayscale, which could be a positive. Despite the pessimism in the market, speculation has already begun. Figure Markets bought 784,000 SOL for $80 million in the latest auction.
See original
$BTC
- Key insights:
- Position update: Boyaa Interactive holds 1,956 Bitcoins, with an average cost of $50,805 per coin
- U.S. Bitcoin ETF inflows: a cumulative net inflow of $1.54 billion for 8 consecutive days, totaling 24,800 Bitcoins
- Grayscale Bitcoin Trust currently holds 289,500 Bitcoins
- The surge of over $70k significantly impacted exchange inflows
- Price trend before and after the halving: 5% decrease before the halving, 8% increase during the 5 weeks after the halving
- Support KOL: BlockBeatsAsia, CryptoSlate, OdailyChina, santimentfeed
- Source link: https://x.com/OdailyChina/status/1793529096175272043
$ETH
- Key insights:
- Position update: Boyaa Interactive holds 15,222 Ethereums, with an average cost of $2,756 per Ethereum.
- VanEck plans to launch first spot Ethereum ETF; opposes simultaneous approval of multiple similar products
- Hong Kong Ethereum ETF net purchased 62.8 Ethereum
- BlackRock revised spot Ethereum ETF application to exclude pledge content; Bitwise plans to list on NYSE
- A dormant pre-mine address (with 86 Ethereum, worth $325K) activated after 8.8 years
- Support KOL: BlockBeatsAsia, CryptoSlate, OdailyChina, PANewsCN, cryptomanran, kucoincom, layerggofficial, whale_alert
- Source link: https://x.com/CryptoSlate/status/1793527279605493776
$SOL
- Key insights:
- Bloomberg analysts point to demand for SOL ETF; SEC challenges stance on its safety
- Poloniex was the first to launch the new SOL meme currency NoHatSolana ($NOHAT)
- Support KOL: OdailyChina, Poloniex
- Source link: https://x.com/OdailyChina/status/1793528575704080461
- Key insights:
- Position update: Boyaa Interactive holds 1,956 Bitcoins, with an average cost of $50,805 per coin
- U.S. Bitcoin ETF inflows: a cumulative net inflow of $1.54 billion for 8 consecutive days, totaling 24,800 Bitcoins
- Grayscale Bitcoin Trust currently holds 289,500 Bitcoins
- The surge of over $70k significantly impacted exchange inflows
- Price trend before and after the halving: 5% decrease before the halving, 8% increase during the 5 weeks after the halving
- Support KOL: BlockBeatsAsia, CryptoSlate, OdailyChina, santimentfeed
- Source link: https://x.com/OdailyChina/status/1793529096175272043
$ETH
- Key insights:
- Position update: Boyaa Interactive holds 15,222 Ethereums, with an average cost of $2,756 per Ethereum.
- VanEck plans to launch first spot Ethereum ETF; opposes simultaneous approval of multiple similar products
- Hong Kong Ethereum ETF net purchased 62.8 Ethereum
- BlackRock revised spot Ethereum ETF application to exclude pledge content; Bitwise plans to list on NYSE
- A dormant pre-mine address (with 86 Ethereum, worth $325K) activated after 8.8 years
- Support KOL: BlockBeatsAsia, CryptoSlate, OdailyChina, PANewsCN, cryptomanran, kucoincom, layerggofficial, whale_alert
- Source link: https://x.com/CryptoSlate/status/1793527279605493776
$SOL
- Key insights:
- Bloomberg analysts point to demand for SOL ETF; SEC challenges stance on its safety
- Poloniex was the first to launch the new SOL meme currency NoHatSolana ($NOHAT)
- Support KOL: OdailyChina, Poloniex
- Source link: https://x.com/OdailyChina/status/1793528575704080461
See original
$ETH
- Key Insights:
- VanEck Spot ETH ETF is listed on DTCC website and in preparation
- Open interest surges 30% in 3 days to record high of $11 billion, driven by hopes of ETF approval
- ETH transfers to exchanges surge, reflecting excitement about potential spot ETF approval
- Multiple ETF applicants submit revised 19b-4 forms
- Ethereum market cap surges over $70 billion, almost matching Solana's total market cap of about $80 billion
- Supporting KOLs: 0xSalazar, KaikoData, Unchained_pod, HouseofChimera, Kyle Chasse, Kyledoops (all bullish)
- Source links: https://x.com/0xSalazar/status/1793186488152138116, https://x.com/KaikoData/status/1793182508085031264, https://x.com/Unchained_pod/status/1793184601315193313, https://x.com/HouseofChimera/status/1793190075477450761, https://x.com/kyle_chasse/status/1793192578617151837, https://x.com/kyledoops/status/1793182528662376837
$zkSYNC
- Key Insights:
- Koi Finance optimizes DeFi through centralized liquidity pools, Permit2 approval, and multi-routing
- Token distribution is scheduled for this week; airdrop is expected in June
- Supported KOLs: 0xJok9r, 0xSalazar (bullish)
- Source link: https://x.com/0xJok9r/status/1793192756250038527, https://x.com/0xSalazar/status/1793186488152138116
$PEPE
- Key Insights:
- Up 140% since previous entry, some profit taking in progress
- Whales withdrew 592B PEPE ($7.95M) from Binance, likely bought during the recent 2-day price rally
- Supporting KOLs: CryptoTony__, Lookonchain
- Source Links: https://x.com/CryptoTony__/status/1793189554020651515, https://x.com/lookonchain/status/1793195962271228398
Oversold, significant upside potential
- $NVDA: This week’s earnings and ETH ETF decision is the main catalyst
- $QUBIC, $TAO, $RNDR: Part of 100x portfolio by 2024 (AI and other sectors)
- $YOURAI: Ready for another upswing soon
Overall market insights:
- Bitcoin ETFs record $305.7 million in net inflows, $290 million from BlackRock’s $IBIT
- Valuations are high and return potential is limited as crypto markets mature
- Starknet outlook is positive with stablecoin growth, DeFi/gaming developments and upcoming tokens
- Key Insights:
- VanEck Spot ETH ETF is listed on DTCC website and in preparation
- Open interest surges 30% in 3 days to record high of $11 billion, driven by hopes of ETF approval
- ETH transfers to exchanges surge, reflecting excitement about potential spot ETF approval
- Multiple ETF applicants submit revised 19b-4 forms
- Ethereum market cap surges over $70 billion, almost matching Solana's total market cap of about $80 billion
- Supporting KOLs: 0xSalazar, KaikoData, Unchained_pod, HouseofChimera, Kyle Chasse, Kyledoops (all bullish)
- Source links: https://x.com/0xSalazar/status/1793186488152138116, https://x.com/KaikoData/status/1793182508085031264, https://x.com/Unchained_pod/status/1793184601315193313, https://x.com/HouseofChimera/status/1793190075477450761, https://x.com/kyle_chasse/status/1793192578617151837, https://x.com/kyledoops/status/1793182528662376837
$zkSYNC
- Key Insights:
- Koi Finance optimizes DeFi through centralized liquidity pools, Permit2 approval, and multi-routing
- Token distribution is scheduled for this week; airdrop is expected in June
- Supported KOLs: 0xJok9r, 0xSalazar (bullish)
- Source link: https://x.com/0xJok9r/status/1793192756250038527, https://x.com/0xSalazar/status/1793186488152138116
$PEPE
- Key Insights:
- Up 140% since previous entry, some profit taking in progress
- Whales withdrew 592B PEPE ($7.95M) from Binance, likely bought during the recent 2-day price rally
- Supporting KOLs: CryptoTony__, Lookonchain
- Source Links: https://x.com/CryptoTony__/status/1793189554020651515, https://x.com/lookonchain/status/1793195962271228398
Oversold, significant upside potential
- $NVDA: This week’s earnings and ETH ETF decision is the main catalyst
- $QUBIC, $TAO, $RNDR: Part of 100x portfolio by 2024 (AI and other sectors)
- $YOURAI: Ready for another upswing soon
Overall market insights:
- Bitcoin ETFs record $305.7 million in net inflows, $290 million from BlackRock’s $IBIT
- Valuations are high and return potential is limited as crypto markets mature
- Starknet outlook is positive with stablecoin growth, DeFi/gaming developments and upcoming tokens
See original
mark
Quoted content has been removed
#HalvingHorizons $BTC
Binance Square Official
--
Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
$BTC
Binance Square Official
--
Predict the price of BTC at 20th April 00:00 (UTC+0) to win up to $10000 of SATS token rewards!
To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward. Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0) on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.