A Comprehensive Overview of Bitcoin Ecosystem Leader CKB! Don't Miss Out on Its Hundredfold Potential!
Nervos Network: Introduction Nervos is a modular open-source blockchain network designed from the ground up, prioritizing security, decentralization, flexibility, and interoperability. The pillar of this network is the Common Knowledge Base (CKB), which is the foundation of the Nervos network. Since its launch in 2019, CKB has significantly expanded its influence in the blockchain space. The core team collaborates with the CKB Ecosystem Fund, CELL Studio, and other essential contributors within the Nervos ecosystem to launch the 'BTCKB' initiative in 2024. This program focuses on the close integration of Bitcoin and CKB, leveraging their shared features such as PoW consensus and UTXO model to enhance the Bitcoin blockchain with advanced smart contract capabilities and integrate Bitcoin L1 assets into CKB. Since 2020, CKB has been secured through ASIC mining and experienced its first issuance halving in 2023.
Is CKB a good investment? Why does it have hundredfold potential?
In the past year, the price of CKB has surged by over 300%, with the total network hash rate rising from 150P at the beginning of the year to 400P. This has made it one of the standout currencies in the cryptocurrency market. This significant growth is attributed to Nervos Network launching the RGB++ new asset protocol on the mainnet earlier this year, repositioning itself as the second layer of Bitcoin.
This strategic shift in the thriving Bitcoin ecosystem has raised investor expectations for the future development of CKB. This article aims to provide an in-depth understanding of Nervos Network, including its background, core technology, and token distribution mechanism, to help investors fully understand CKB and make more informed decisions.
Understanding Binance's New Narrative - dappOS! Launching Soon!
Project background: DappOS is positioned as a comprehensive Web3 operating system designed to simplify blockchain operations and enhance the user experience in Web3. In addition to the latest technological innovations, the investment team behind DappOS is also a major reason why the project has garnered significant attention!
Project financing team:
The investor lineup of dappOS is exceptionally strong, including well-known venture capital firms like Binance Labs, OKX, Amber Group, and Polychain Capital. These investors play a significant role in the crypto space and have successfully funded numerous projects.
Binance and OKX, as leading global cryptocurrency exchanges, not only provide financial support but also promote dappOS through their large user base and market resources. With such heavyweight support, dappOS is well-funded and in a leading position in terms of technical cooperation and market promotion, which is also one of the reasons for its valuation of up to 300 million dollars.
1. The overall trend of the currency circle is an upward trend; 2. ETH has just broken through the EB exchange rate level; 3. Now it is a callback during the breakthrough process; 4. If we do long orders now, it is called following the general trend and going against the small trend; 5. The range given is just a small trick for making orders. Confirm the box and buy low at the bottom of the box. The cost-effectiveness of stop loss will be very high. It is a good opportunity to try.
New Horizons has previously mentioned that to distinguish between a real breakthrough and a false breakthrough, one should look at 5 four-hour candlesticks and the closing performance. These are lessons learned after executing countless trades; if you ask me what the principle is? I honestly don't know, but I just know it works well enough. I'm betting that ETH can really hold this time! $BTC $ETH
I just saw a teacher I’ve been following for a long time say that he went long on Bitcoin at 66800 and Ethereum at 2400! Making money is very easy for him, he just doesn’t want to tell us; those who share their results with us are all losing. $BTC
The new generation of 'digital gold' is about to wrestle with the big brother! The gold standard of $BTC has been broken!
The BTC/GOLD index successfully broke through the long-term descending channel within a day and directly approached the previous resistance level from July, which is also the standard 0.618 Fibonacci retracement level;
Such an exaggerated breakthrough is mainly attributed to yesterday's surge in BTC and the sharp decline in gold...
Currently, the BTC/GOLD index may face some resistance, after all, gold has a demand for rebound due to its oversold condition, while BTC has a demand for correction due to its overbought condition;
If the red resistance level in the chart can be broken, it would indicate a reversal of the trend where gold has significantly outperformed BTC over the past six months, and the BTC/GOLD index may rise all the way to the resistance level of the last bull market;
There are various opinions on the sharp decline in gold, with some explaining it as a significant reduction in risk aversion sentiment influenced by Trump's election victory, while others attribute it to the surge in long-term treasury yields; in any case, our friends in the crypto community don't need to worry too much;
Just understand that the BTC/GOLD index represents the exchange rate between BTC and gold in the 'store of value' arena.
Trump, 78, refuses to give up! Successful entrepreneurship again! We must strive for self-improvement! The first president to support cryptocurrency, he also mentioned before - if elected, he would replace the Federal Reserve chairman. I wonder what changes will occur in the cryptocurrency world during his four-year term? Hope it moves in a positive direction!
I once said that if the bull market has a main uptrend, it will last for a long time, at least 3-4 months. At this time, you must give yourself enough patience, keep a stable mentality, and keep a little calm while FOMO. Otherwise, why do most bankruptcies and collapses occur in bull markets rather than bear markets?
The dust of the US election has settled, Trump ascends as the new king!
1. First, observe today's market situation, Under the leadership of breaking the historical high at $BTC , the cryptocurrency market has seen a nice surge, even the long-standing second place ETH surprisingly did not falter, and SOL performed very well. However, through observation, today the main funds are still in #memecoin. The Dog family, big dog, little dog, hat dog, AIMEME, Trump concept, etc., are chasing each other, consecutively rising.
2. If you pay attention to the order you will find that,
started to rise yesterday, and today continues to rise briefly before entering a short consolidation, then #Neiro began a 30% surge, indicating that the funds are flowing and not simultaneous. Therefore, I mentioned today that the strategy is not to chase but to ambush. The speed of fund flow is so fast that chasing easily leads to being buried, but ambushing will not.
Trump succeeded! The US election is about to land! How should the cryptocurrency circle be arranged?
1. Why should we pay attention to the US election? 1. The United States is the only existing superpower in the world, and the U.S. election is an event that has a significant impact on global politics, economy, and other aspects. 2. Cryptocurrency assets are assets denominated in U.S. dollars, and the rise and fall of all asset prices in the cryptocurrency circle are denominated in U.S. dollars; after the last round of changes in the East and West, the influence of Americans (Wall Street capital) on the cryptocurrency circle has increased, and the influence of the U.S. election on Americans' trading decisions has increased at this stage. 2. Which stage are we in now?
2024's Biggest 'Heavenly Demise' Project! Why has Aleo fallen so far?
Latest News: Once hailed as a 'heavenly king project', Aleo is now rapidly declining. Its excellent team background and substantial funding cannot stop the downward trend in its token's performance since its launch. At its peak, Aleo attracted a large number of investors to follow suit, including many mining investors, who now find themselves in an endless wait for returns. So what exactly is Aleo? This article will help you understand! Project Introduction: Sector: 【Infrastructure】, 【Layer 1 Privacy】
Aleo is a developer platform for building fully private, scalable, and cost-effective applications. Using zero-knowledge cryptography, Aleo moves smart contract execution off-chain to enable various decentralized applications that are both fully private and scalable to thousands of transactions per second.
U.S. Elections! Federal Reserve Rate Cut! Can Dual Catalysts Ignite This Bull Market?
This week is a tense one for the crypto market, as everyone is preparing for major events, including Friday's Federal Open Market Committee (FOMC) meeting and the U.S. elections this week! Both catalysts could trigger significant market volatility, thereby boosting overall sentiment. In recent weeks, BTC has hovered around the $70,000 mark, staying below its peak and closing in on its all-time high, with everyone preparing for a future 'crazy bull market'! The calm before the storm? At the end of October,
So what if Bitcoin reaches a new high? Did you get a piece of the action?
In fact, even if Bitcoin really reaches a new high, most people are still losing money, so what does a new high matter? Why? Most people are holding altcoins, when Bitcoin rises, altcoins don't follow; when Bitcoin drops, altcoins crash; when Bitcoin is stable, only a small part of the altcoins that we don't have surge. A few days ago, Bitcoin was over 73,600, approaching a new high, but most brothers holding altcoins are still losing a lot, right? $BTC So what if Bitcoin reaches a new high? Sometimes, holding positions and making choices, one wrong step leads to another wrong step, and slowly you'll find it increasingly difficult to break even. This is only talking about brothers with spot holdings; if it's those who frequently trade contracts, I estimate they lose even faster and more.
Bad news: At the close of the daily line, $BTC can basically confirm that the 7w or above is a false breakout. Before the price re-stands on this trend line, it is not recommended to lay out long-term long positions;
Good news: Even if a false breakout occurs, the daily line has 6 consecutive negative lines, but the price has not yet moved out of a lower low. In other words, as long as 65,000 is not broken, the market still has a chance to restore the original bullish trend, but the probability is low;
So in addition to this long-term downward trend line, we also need to pay attention to the secondary retracement level of 65,000; Above 65,000 are high-level fluctuations, and below 65,000 may be in a bearish trend.
I don't pay attention to the results of the election anymore. Let them make trouble. Now I am more concerned about the FOMC meeting on Thursday. Can the 25 basis point rate cut be fulfilled as expected, and the fact that long-term bond yields have risen? Is it possible that the Fed will not confront it? Instead, it will choose to shockingly suspend the rate cut? It's fun to leave some room for imagination.
The U.S. election is a done deal! Is it a bull market or a black swan? The focus of the market now is the U.S. election, and after the election comes the Federal Reserve's monetary policy, one link leading to another. Although the election is important, it is not decisive, and while monetary policy is decisive, the trend has already occurred, and it is highly unlikely there will be reversals. The remaining question is whether there will be a black swan or economic recession; of course, the election is still the most important matter at hand. There is not much left to say about the election; all predictions will be released in the coming days. The U.S. election is on November 5, 2024, but the results may not be known on that day. Data may be delayed by several days, and it is difficult to have a clear timeframe. Interested friends can check real-time data on Reuters' website. #美国大选后涨或跌?
New Horizons Daily: One Minute a Day! Understand Bitcoin!
As of the time of writing, BTC is priced at $69,226. Currently, Bitcoin has completed a bearish AB=CD reversal, which yesterday closed with a pin on the bull-bear line.
This expresses the strong support power brought by the bull-bear line, with a subsequent pullback expected, and the probability of bullish movement is higher!
In the medium-term trend:
Although no effective structure has been formed currently, the bull-bear line resonates with key support formed earlier.
The continuous appearance of bottom signals indicates that the current price has strong bullish buying behavior and bearish profit-taking behavior.
Future and long-term trends:
The expected outlook is almost unanimous with a high tendency to be bullish during the day.
In the short-term trend:
The market has shown a clear W-bottom structure, and after breaking out, it has currently completed a pullback, therefore aligning with the medium-term trend thought. The probability of being bullish during the day is high!
PS: Thank you for reading! Follow + Like! Patience is the first key to wealth!
Major Events in the Cryptocurrency World: 'Silk Road'
Everything in the 'Dark Web' is invisible: the websites are invisible, users' identities are invisible, IP addresses are invisible, and internet users can truly come and go without a trace. Even if you know the website address, ordinary browsers cannot access it. Without the oversight of law and public opinion, the dark web became the most bloody and violent place on the internet, where various illegal activities were traded online, and any form of crime you can imagine could be found here. Starting in 2011, a black market website called 'Silk Road' appeared on the dark web, selling various drugs, firearms, and contraband. Transactions on the site were conducted using virtual currency - Bitcoin, to evade bank and government regulation. Although the business of 'Silk Road' was thriving on the dark web, the founder of the site never revealed himself, and no one knew his true identity.