Riding the investor cycle: In-depth analysis of market losses and emotions In the investment wave, how to accurately grasp the subtle changes in investor sentiment and market dynamics? This section focuses on loss-making holdings and trading tokens, and reveals the secrets behind them through core indicators such as MVRV and SOPR. Although the unrealized losses of new investors seem heavy, compared with historical sell-offs, their proportion of STH market value is still moderate, similar to the bull market adjustment period. However, in-depth analysis found that realized losses far exceed unrealized losses, and the market may have shown signs of moderate overreaction. Comparing cumulative losses with losses locked in tokens, the difference between the two is thought-provoking. At cyclical price lows, STH's realized and unrealized losses often soared to 10% to 60% of total holdings. The current level is still mild compared to the historical bottom, and is quite similar to the 2016-2017 cycle. The relative indicators are all below the 10% warning line. This finding means that despite the sharp market fluctuations, the actual damage to investor sentiment may not be as serious as it seems. In the journey of navigating the investor cycle, understanding and making good use of these key data will be your compass for steady navigation.
Solana leads a new era of DePIN: building the future of decentralized physical infrastructure In the wave of blockchain technology, the Decentralized Physical Infrastructure Network (DePIN) is reshaping the physical infrastructure of the real world in an unprecedented way. DePIN, as a data-driven pioneer, brings together physical and digital resources to efficiently manage and utilize data to empower multiple fields such as wireless connectivity, machine learning, and geospatial services. And all of this requires a powerful and flexible underlying platform as support. Solana, with its superior processing capabilities of thousands of transactions per second, low latency, high cost-effectiveness, and vibrant ecosystem and developer community, has become a shining star in the DePIN field. Leading projects such as Render Network, Hivemapper, and Helium have chosen Solana as their innovation stage, achieving significant growth and widespread application. Taking Helium as an example, its mobile user base will double in 2024 and exceed the 100,000 mark, demonstrating the vitality of the Solana DePIN ecosystem. With the addition of new projects such as Grass, Exabits, and Natix, the Solana DePIN field continues to grow, attracting more innovative forces. Solana's monolithic architecture + communication Junyang: 954737157 architecture and support for resource-intensive networks have laid a solid foundation for its leading position in the cryptocurrency and DePIN fields. In the future, Solana will continue to lead the development trend of DePIN, build a more decentralized, efficient, and intelligent physical infrastructure network, and open a new chapter in blockchain technology empowering the real world.
Malta: Pioneer and model of cryptocurrency regulation Malta, as a pioneer in global cryptocurrency regulation, has built a comprehensive legal framework with the Virtual Financial Assets Act (VFAA), the Innovative Technology Arrangements and Services Act (ITAS) and the Digital Innovation Agency Act as the core. Since the implementation of VFAA in 2018, Malta has clarified the definition and classification of cryptocurrencies and established strict regulatory standards, requiring all virtual financial asset service providers (VASPs) to register with the Malta Financial Services Authority (MFSA) and follow international standards for anti-money laundering (AML) and combating the financing of terrorism (CFT) to ensure market transparency and security. In Malta, ICO projects must submit a detailed white paper to the MFSA and can only be issued after strict review, which effectively reduces investment risks. At the same time, the Innovative Technology Arrangements and Services Authority (MDIA) established under the ITAS Act focuses on the certification and supervision of innovative technologies such as blockchain to ensure the legality and security of technology applications. The Digital Innovation Agency Act further promotes Malta's digital innovation process and provides strong support for the blockchain and cryptocurrency industries. Malta's regulatory model not only maintains the healthy order of the cryptocurrency market and protects the interests of investors, but also stimulates the vigorous development of financial technology and sets a benchmark for regulatory innovation in the world. Its successful experience undoubtedly provides valuable reference and reference for countries in exploring the path of cryptocurrency regulation. $SAGA $1000SATS $CRV #加密市场反弹
Meson Network tokens plummeted and were delisted, and the CEO vowed to persist in development: the ambition for the Web3 bandwidth market remains unchanged Recently, the blockchain community has been stirred up. The OKX exchange announced that it would delist the Meson Network (MSN) token trading pair. This decision followed the continuous plunge of the MSN token since its listing, which attracted widespread attention from the market. The MSN token briefly hit a high point at the beginning of its listing and then quickly fell back, eventually plummeting by more than 99%. Before being delisted, it suffered a 34% plunge in a short period of time, and the coin price fell to the bottom. Faced with market doubts and community heated discussions, OKX responded that the delisting decision was based on multiple factors and aimed at protecting user interests and high project standards. Meson Network showed a tenacious attitude. CEO Sherlock Shi made it clear that the company would not give up due to external pressure, and would continue to deepen its core business-operating the bandwidth market and provide efficient IP proxy services to customers in the Internet field. Based on its unique DePIN node technology, Meson Network aims to build a Web3 ecological foundation for decentralized storage, computing and data transmission. The company has completed + communication Junyang: 954737157 multiple rounds of financing, with a valuation of up to 1 billion US dollars, a luxurious lineup of investors, and plans to launch Epic: Meson-3.0 chain in the future to further expand the market. Despite the bleak performance of the token market, Meson Network's core business is closely linked to market demand and has a solid customer base. The project party emphasized that it will continue to expand the number of nodes and increase product revenue, showing its firm confidence in future development. In the Web3 wave, whether Meson Network can turn the tide is worthy of continued attention from the industry.
In the cryptocurrency space, there are several areas that deserve our attention in the future. In the short term, the first key question is whether the cryptocurrency market has reached a bottom. A sharp correction in the market can easily form a self-circulating downward cycle, and it is necessary to exhaust the momentum before it can bottom out. The price drop will force leveraged traders to sell due to margin calls. More than $1 billion of futures have been liquidated. It is still unclear whether the bottom has been reached. It is necessary to pay attention to whether the forced liquidation slows down.
At the same time, the health of companies in the crypto ecosystem is also worth paying attention to. For example, in the 2021 crisis, violent fluctuations can bring down companies with highly leveraged balance sheets. There are rumors that at least one market maker (Jump Trading) is facing challenges, and if there is contagion, the downward trend may be prolonged. In addition, the liquidity of ETFs cannot be ignored. It depends on whether ETF investors sell or buy more during the correction. These three factors will greatly affect the short-term trend.
However, the real advice is not to be swayed by short-term factors, but to look at the long term. Bitcoin is inherently highly volatile, and this characteristic will continue. The current volatility once again shows that short-term trading opportunities are difficult to grasp, and it is a mistake to bring a trading desk mentality into the crypto space. What we are investing in is a major change in the way global currencies operate. We should resist the urge to focus on intraday prices and think more about the development of Bitcoin in the next few years. Historically, cryptocurrencies will fall in the early stages of global economic panic, but often rise in the following year. Although we dare not assert that this time will be the same, we can think and grasp it in reverse. $WIF $AI $ORN
On-chain analyst Ember monitored and found that Jump Trading seemed to be selling ETH. Recently, they redeemed a wstETH worth $410 million (about 120,000) in batches into ETH and transferred it to exchanges such as Binance and OKX. In the 9 days starting from July 25, 83,000 wstETH were unpacked and redeemed into 97,500 ETH, of which 66,000 ETH (worth $191.4 million) have entered the exchange.
At present, there are still 37,600 wstETH untransferred from its wstETH storage address, 11,500 stETH in the redemption ETH address are being redeemed into ETH, and 20,000 ETH in the ETH transfer exchange address are waiting to enter in batches.
According to data from Arkham Intelligence, some market commentators also believe that a series of sell-offs by Jump Crypto is a factor that exacerbates market volatility. The trading company has sold hundreds of millions of dollars in assets in the past few days. BitMEX co-founder Arthur Hayes posted on social media that he learned from traditional financial sources that a "big guy" fell and sold all + communication Junyang: 954737157 crypto assets, most of the community speculated that it was Jump Crypto.
Affected by this, according to CoinGecko data, Ethereum's market value has fallen below the $300 billion mark. MarketCap data shows that due to the short-term decline of ETH, Ethereum's market value was surpassed by LVMH, Coca-Cola and Bank of America, falling to the 40th place in global assets. Its subsequent trend and market impact have attracted widespread attention and in-depth thinking. $GFT $AMB $STORJ #加密市场反弹
.Goldman Sachs' recent analysis pointed out that the rise in unemployment is partly due to the expansion of the labor supply, especially the influx of immigrants, and employment growth is not enough to match this trend. Despite this, the Federal Reserve still retains sufficient room for interest rate cuts to meet the needs of economic growth, demonstrating its ability to flexibly respond to market changes. On the other hand, in the field of cryptocurrency, Goldman Sachs executive Solomon clarified his position on Bitcoin in a CNBC interview. In response to host Sorkin's questions about Bitcoin's volatility and political impact, Solomon reiterated his view that Bitcoin is a speculative investment tool rather than a stable financial existence. He mentioned that although Bitcoin prices fluctuated sharply, such as falling from $70,000 to $66,000 in one day, and politicians such as Trump and Harris were involved, this did not change its judgment of its speculative nature. Goldman Sachs' layout in the field of digital assets appears to be more active. Its global head of digital assets announced a plan to expand crypto services, focusing on assets such as money market funds and real estate + exchanges Junyang: 954737157 tokenization, it is expected that three tokenization projects will be implemented this year, one of which is in the United States. However, Goldman Sachs's internal attitude towards cryptocurrencies is not completely consistent. The chief investment officer of its wealth management department remains skeptical, believing that Bitcoin lacks intrinsic value and is not sufficient as an investment asset class.
Bitcoin: Towards the Future Pillar of the Global Financial System?
Against the backdrop of the current complex and volatile geopolitical situation and the rising cost of debt repayment, the future development path of Bitcoin is gradually becoming clear. VanEck's latest report paints a thought-provoking picture for us: Bitcoin may emerge as an important force in the international monetary system in the next few decades.
The report has a deep insight into the fact that Bitcoin's status as a global reserve asset is steadily rising, and its influence is gradually expanding to the field of international foreign exchange reserves. It is predicted that Bitcoin's share of international foreign exchange reserves is expected to reach 2.5%, which not only highlights Bitcoin's potential in the global financial system, but also indicates that its status is undergoing a qualitative leap.
This shift means that Bitcoin is gradually growing from an emerging and marginalized asset class to an indispensable part of the global financial system. Whether in the United States or on the broader international stage, Bitcoin's recognition and acceptance are showing a rapid growth trend. This not only opens up a new asset allocation channel for investors, but also injects new vitality into the diversification and inclusiveness of the global financial system. $BOME $XRP $BTC #美国大选如何影响加密产业? #超级央行周
The "Trump Effect" Reignited the Crypto Market: BTC Prices Soared After the 2024 Bitcoin Conference, Market Trends Arouse Hot Discussions With the grand convening of the 2024 Bitcoin Conference, the price of Bitcoin (BTC) has ushered in a strong momentum of continuous rise. Especially after former President Trump’s speech, the entire cryptocurrency market has recovered significantly. The "Trump Trade" phenomenon has re-emerged and has become an important reference for many investors' strategies. The so-called "Trump trade" refers to the investment behavior of investors based on Trump's policy expectations. Among them, the long strategy in the cryptocurrency market is particularly significant. Behind this is the possible changes in the asset market under Trump's administration. Optimistic expectations. Trump’s speech at the Bitcoin Conference undoubtedly gave crypto investors a shot in the arm, and market confidence increased significantly. As of now, the price of BTC is approaching the $70,000 mark, showing strong potential to surpass historical highs. However, at the same time, as Vice President Harris’s campaign has made the US presidential debate once again confusing, the market’s predictions about the true effectiveness of the “Trump encryption effect” and the market trend of encryption + exchange Junyang: 954737157 in the second half of the year are also unclear. Full of uncertainty. Against this background, analysts from major authoritative institutions have expressed their opinions and added a bit of complexity to the market. $CVP $CVX $BOME #比特币大会 #美国以太坊现货ETF开始交易
US Congressman Bill Hagerty leads a new chapter in Bitcoin legislation: the future of cryptocurrency with freedom and opportunity At the recent Bitcoin event, Bill Hagerty, a prominent Republican senator from Tennessee, delivered a remarkable speech in which he firmly expressed his determination and vision to promote legislation supporting Bitcoin. Senator Hagerty emphasized that in the wave of the digital age, Bitcoin not only represents the rise of an emerging technology, but also an important force in promoting economic freedom and creating unlimited opportunities. He mentioned that by formulating laws and regulations that are conducive to the development of Bitcoin, it aims to eliminate market uncertainties and build a more transparent, stable and vibrant cryptocurrency ecosystem for investors and entrepreneurs. This move by Senator Hagerty is undoubtedly sending a clear signal to the world: the United States is actively embracing blockchain technology and is committed to becoming a leader in this revolutionary field. Senator Hagerty's efforts are not only a supplement and improvement to the traditional financial system, but also a profound exploration of the future economic model. He believes that through reasonable guidance and regulation, Bitcoin will be able to realize its potential, promote global economic integration, accelerate technological innovation, and bring more diversified investment options and broader development space to everyone. This legislative initiative has undoubtedly injected strong momentum into the future development of Bitcoin and the entire cryptocurrency industry. $CTXC $STMX $CVP #比特币大会 #美国大选如何影响加密产业?
[Debate on Bitcoin Spirit: Jimmy Song denounces 2024 conference for "changing taste" and calls for pure freedom] On the first day of the 2024 Bitcoin Conference held in Nashville, well-known writer Jimmy Song issued a resounding criticism, pointing out that the conference agenda has gradually "deviated" and is filled with topics such as banking, institutional investment and ETFs, which seriously deviates from Bitcoin's original intention as a symbol of freedom, independence and self-sovereignty. Song bluntly said that the greatness of Bitcoin lies in the fact that it gives everyone the key to economic freedom, rather than becoming a plaything in the hands of financial institutions such as BlackRock. His voice was strongly resonated by independent media pioneer Luke Rudkowski. Rudkowski believes that Bitcoin is not only digital gold, but also a prism to peek into the crux of the government system. Its decentralized nature is like a beacon, illuminating the path for individuals to break free from the constraints of the national structure and pursue true freedom. The joint voice of the two opinion leaders undoubtedly sounded the alarm for the Bitcoin community, calling for a return to the pure spirit of Bitcoin + communication Junyang: 954737157 core, and jointly guarding this hard-won economic freedom and independence. $CVP $IRIS $STMX #美国以太坊现货ETF开始交易
Harris's rise: Is the cryptocurrency industry ushering in a new dawn or an unknown? Golden Selection exclusively reported that with President Joe Biden's unexpected decision to withdraw from the election, Vice President Kamala Harris jumped to become the new Democratic presidential candidate overnight. This sudden change in political situation not only shocked the whole United States, but also focused the attention of the cryptocurrency industry on her. Does Harris's rise indicate that the crypto industry will usher in a new policy trend? This has become the focus of heated discussion in the industry. The subtle change in the atmosphere has quietly emerged. In the fundraising boom after Biden withdrew from the election, the Democratic fundraising platform ActBlue ushered in a flood of funds, totaling more than 160 million US dollars, and the Harris campaign team was not to be outdone, quickly raising 81 million US dollars, showing a strong ability to mobilize funds. In this wave of funds, there is no shortage of supporters who are open to cryptocurrencies, and their enthusiasm may push the Harris government to take a more active stance in the crypto field in the future. However, for the cryptocurrency industry, what exactly Harris's election means remains to be seen. The industry is generally concerned about whether Harris will differ from Biden in crypto policy, and to what extent? More importantly, can she bring a more friendly or at least predictable policy environment to the crypto industry in comparison with former President Trump? At present, Harris' campaign team has released signals of interest in cryptocurrencies, including plans to participate in BTC Nashville's related activities, which undoubtedly injected a shot in the arm for the industry. But it is worth noting that Harris has only taken over the campaign for a few days, and her specific policy stance and action plan have yet to be clarified. Therefore, the cryptocurrency industry needs to remain rational while looking forward to it, and wait and see how this potential new president will lead the industry into a new chapter. $BETA $STMX $BNX #美国大选如何影响加密产业?
Modularity and Rollup: Reshaping Blockchain Scalability The concept of modularity was proposed by Mustafa Al-Bassam in the blockchain field in 2019, which decoupled blockchain functions and promoted high specialization. This idea, like Adam Smith's division of labor theory, promotes the growth of blockchain efficiency and scalability. In 2020, Vitalik Buterin established Rollup as the key to Ethereum expansion, marking the in-depth application of modularity in blockchain. Rollup achieves a faster and more economical transaction experience by batch processing transactions and reducing the amount of data processing on the chain. However, as the number of Rollups increases, the complexity of the ecosystem also increases, requiring more infrastructure to maintain connectivity. On the other hand, the Celestia project uses an innovative data availability sampling method to enhance blockchain scalability, allowing light nodes to join and expand the network scale without sacrificing + communication Junyang: 954737157 security or decentralization. In short, modularity and Rollup are leading blockchain technology into a new era. By optimizing design and innovative technology, they continue to break through scalability bottlenecks and lay a solid foundation for the widespread application of blockchain. $STMX $CVX $COTI #美国大选如何影响加密产业?
.Decoding ETHE and Mini Trusts: In-depth Analysis of Outflow Forecasts and Market Impact In the field of cryptocurrency ETFs, ETHE's fee structure is similar to that of BTC ETFs. Most ETFs waive fees in the initial stage to expand the scale of asset management. However, Grayscale is unique, with an ETHE fee rate of 2.5%, far exceeding its peers. But recently, Grayscale launched a mini ETH ETF with a fee rate of only 0.25%, intending to attract fee-sensitive investors while retaining existing ETHE holders and preventing funds from flowing to low-cost competitors such as Blackrock. Faced with competitive pressure, Grayscale quickly reduced the mini trust fee rate to 15bps and successfully transferred 10% of ETHE AUM to the new product, which was seamless and tax-free. As investors shift to mini trusts, ETHE's outflow expectations will be moderate, in stark contrast to the sharp fluctuations of GBTC. There are many different opinions in the industry about the forecast of ETF inflows, with an average valuation of about US$1 billion/month, and Standard Chartered Bank even gave an optimistic estimate of up to US$2 billion/month. With the help of Hong Kong and European ETP data and ETHE discount closing information, we can get a glimpse of the asset allocation trend of the cryptocurrency ETP market: BTC and ETH have a stable proportion, which echoes the market value ratio, while Solana is slightly over-allocated. The key to the potential impact of ETHE outflow is to analyze its ETH supply ratio and investor behavior. Referring to the outflow pattern of GBTC, we can speculate that ETHE outflow may also have a similar impact on prices, but ETHE's NAV premium/discount phenomenon, especially its long-term trading near par value, provides investors with a valuable exit window, which may slow down the outflow rate. Based on global cryptocurrency ETP data and ETHE's unique trading dynamics, we estimate that after the ETH ETF goes online, ETHE holders will exit at a close to par price within two months, which has become a key factor in curbing ETHE outflows. In addition, ASXN's internal estimates show potential inflows of $800 million to $1.2 billion per month, further supporting our optimistic expectations for ETH price increases. In this ETF market game, the linkage effect of ETHE and mini trust will undoubtedly bring new vitality and challenges to the cryptocurrency market. $CTK $AEVO $AKRO #美国大选如何影响加密产业? #拜登退选
US President Biden officially announced that he would give up the 2024 re-election campaign, focusing on the overall situation and leading a new political trend Under the spotlight of the global political stage, the current US President Joseph Biden recently made a historic decision - he officially announced through his personal social media platform that he would not participate in the 2024 US presidential election in a letter full of affection and responsibility. President Biden frankly stated in the letter that although he initially had the desire to continue to serve the country and the people and was ready to embark on the road to re-election, after careful consideration, for the unity and development of the Democratic Party, and for the long-term well-being of the United States, he resolutely decided to withdraw from this fierce political competition and focus wholeheartedly on the unfulfilled presidential duties and missions during his current term. President Biden emphasized that this decision was not a rash move, but was based on a deep insight into the current state of the country and a clear understanding of future challenges. He promised that he would personally explain the considerations and far-reaching significance behind this major decision to the American people later this week in order to gain wider understanding and support. This move not only demonstrates President Biden's personal adherence to the spirit of democracy and loyalty to national interests, but also injects new vitality and expectations into the American political ecology and opens a new chapter in the American political landscape. #美国大选如何影响加密产业? $CVP $BETA $TIA
[Exclusive Analysis] "After Trump's shooting, will Bitcoin's strategic position be reshaped? Under the suspicion of Biden's withdrawal from the election, the global cryptocurrency market has reached a major turning point" Recently, the global political and economic stage has been turbulent. The attempted shooting of former US President Trump not only shocked the world, but also unexpectedly triggered a surge in his support rate in the November election, breaking through the 60% mark, and firmly stated that he would appear at the 2024 Bitcoin Conference. According to industry veterans, Trump may announce a shocking move at this event-officially including Bitcoin in the US strategic reserve asset sequence. This move will undoubtedly drop a bombshell for Bitcoin and even the entire cryptocurrency market. At the same time, rumors about "Bitcoin may be unblocked in the fourth quarter" in the Chinese market are rampant. Although the official has not yet made a clear statement, this news is enough to make global investors nervous, and they have speculated that this move will have a far-reaching impact on the global cryptocurrency landscape. On the other hand, the rumors of US President Biden's "withdrawal" have exacerbated political uncertainty, adding more variables to the future trend of Bitcoin and even the broader financial market. The market generally expects that if Biden really chooses not to seek re-election, it may further catalyze the craze in the cryptocurrency market and set off a new round of investment and speculation. Against this background, the global cryptocurrency market is standing at a historical crossroads, ready to meet unprecedented changes and challenges. $G $RAY $BONK #以太坊ETF批准预期 #美国大选如何影响加密产业?
The dilemma and risks of centralized AI: resource monopoly and governance concerns Amid the rapid development of AI, the network effects and capital-intensive characteristics behind it have become increasingly prominent, leading to a serious imbalance in resource allocation. AI explorers in small businesses and academia often face the dual dilemma of resource scarcity and difficulty in realizing results, which not only curbs diversified competition in the field of AI, but also limits the full release of innovative vitality. At present, the power of AI seems to be concentrated in the hands of a few technology giants such as OpenAI and Google. This centralized trend has caused profound governance concerns. The racial bias incident of Google's AI image generator Gemini and the exposure of senior changes within OpenAI are both warning lights for this problem. They reveal that even at the forefront of science and technology, there may be situations where models are manipulated to cater to specific biases or interest groups. What is more worrying is that with the growing influence of AI, the scenario where a single company holds the decision-making power of key AI models may lead to an opaque decision-making process, or even be used for personal gain, thereby sacrificing broader social welfare. Therefore, the current status of centralized AI not only restricts the healthy development of technology, but also sows the seeds of social risks. Promoting the decentralization of AI, strengthening supervision and transparency, and ensuring that technology serves all mankind rather than specific interest groups have become major issues that need to be addressed. $STRAX $ARK $MDX #以太坊ETF批准预期
ETF helps ETH break the $5,000 mark: a golden opportunity for low inflation As the cryptocurrency market matures, the introduction of exchange-traded funds (ETFs) is injecting new vitality into the entire industry. Looking back at the launch of Bitcoin ETP, the inflation rate of the Bitcoin network was as high as 1.7%, and the market had to digest about $16 billion in new supply each year, which undoubtedly posed a challenge to price stability. Today, Ethereum (ETH) is quietly becoming the new favorite of the market with its unique low inflation rate. Over the past year, Ethereum's inflation rate has remained surprisingly at 0%, which means that its supply has not increased at all in the past year. This stable situation is due to the delicate balance between active applications on the Ethereum network and ETH consumption. From the minting of stablecoins to the management of tokenized funds, every Ethereum-based application consumes ETH, effectively offsetting the amount of newly generated ETH. In such a perfect storm of supply and demand balance, we have witnessed the potential of ETH + communication Junyang: 954737157 being further stimulated. When the market demand for new Ethereum surges, its price naturally gains a strong upward momentum. The upcoming launch of ETFs will undoubtedly add fuel to this trend and attract more traditional investors and institutional funds. Therefore, we have reason to believe that, driven by ETFs, the price of Ethereum will inevitably move towards a new milestone - the $5,000 mark. The stable supply brought by low inflation rates, coupled with growing market demand, together draw a beautiful blueprint for the soaring price of ETH. For investors, this is undoubtedly a great time to seize the golden opportunity of cryptocurrency. $ALICE $DAR $DYM #山寨季何时到来? #美联储何时降息?
In the next 4-12 years: Will the BTC security model collapse?
Recently, there has been widespread talk that the Bitcoin (BTC) security model will collapse in the next 4-12 years, and this view has sparked widespread discussion. However, from a multi-dimensional perspective, BTC's security model is not so fragile, and its collapse argument may be too pessimistic.
The security cornerstone of BTC lies in its decentralization, proof-of-work mechanism and strict code rules. These mechanisms together ensure the high security and anti-attack capabilities of the BTC network. Despite challenges such as declining miner income and fluctuating computing power, BTC's security model does not rely solely on a single factor. The dual incentive mechanism of block rewards and transaction fees ensures that miners have sufficient motivation to maintain network security.
In addition, the BTC community and technical developers are constantly committed to technological innovation and protocol upgrades to address potential security threats. For example, second-layer expansion solutions such as the Lightning Network are gradually improving BTC's transaction processing capabilities and efficiency while maintaining the stability of its underlying security.
Therefore, it may be too one-sided and short-sighted to assert that the BTC security model will collapse in the next 4-12 years. As a system that is constantly evolving and improving, the security model of BTC will continue to be strengthened with technological progress and community efforts. Of course, in the face of uncertainty, we should remain vigilant and continue to pay attention to the development of BTC. $USTC $WLD $DYM #美国大选如何影响加密产业? #币安7周年
Impact of Powell’s Assassination on Crypto Markets The sudden incident of Powell's assassination had a complex and far-reaching impact on the encryption market in the short term. First of all, from the perspective of market sentiment, Powell, as a key figure in the Federal Reserve, his assassination has undoubtedly exacerbated market uncertainty, causing investor sentiment to fluctuate rapidly. The crypto market, as an area that is highly sensitive and vulnerable to external factors, reacted quickly to this incident. Following the news of Powell’s assassination, the prices of major cryptocurrencies such as Bitcoin and Ethereum saw significant fluctuations. Investors have sold off their assets and sought safety, causing the overall price of the cryptocurrency market to fall. This reaction not only reflects the market’s recognition of Powell’s personal influence, but also exposes the vulnerability of the crypto market in the face of emergencies. However, the impact of Powell’s assassination on crypto markets may be more profound in the long term. First of all, the Federal Reserve's monetary policy formulation will be affected to a certain extent, and the new leadership may bring policy uncertainty, which will in turn affect the trend of the crypto market. As an important regulator of the global economy, the Federal Reserve’s policy changes have a significant impact on financial markets, and the crypto market is no exception. Secondly, Powell's assassination may trigger a re-evaluation of global financial markets, and investors will pay more attention to the safety and stability of assets. As an emerging asset class, cryptocurrency security and regulatory issues have always attracted much attention. This incident may prompt investors to view cryptocurrency investments more prudently, and it may also prompt regulators to strengthen supervision of the crypto market. Finally, Powell’s assassination also reminds us that crypto markets are not completely independent from traditional financial markets. On the contrary, there are thousands of connections between it and the traditional financial market. Therefore, when analyzing and predicting crypto market trends, we need to comprehensively consider a variety of factors, including global economic conditions, policy changes, market sentiment, etc. $PEPE $1000SATS $WIF #美国大选如何影响加密产业? #美国6月CPI大幅降温 #美联储何时降息?