Discussing the Future of the Cryptocurrency Market Bitcoin is developing rapidly, with a market value expected to surpass gold, becoming the second largest asset globally. Its appeal lies in decentralization and limited supply, leading to an increase in market recognition and the potential to surpass expectations. In the competition among public blockchains, ETH faces challenges from SOL, which has improved its technology, enhanced stability, and reduced downtime, showing signs of replacing ETH. Decentralization of POS public blockchains often remains a concept, as data center chains can easily shut down, and ETH's cost-effectiveness is declining. The public is looking forward to a SOL-like fair, transparent, and low-fee trading environment. Web3 created a buzz but currently lacks innovation, with fixed gameplay. Last year's issuance of new forms like inscription tokens was short-lived and difficult to sustain, requiring disruptive innovation to activate. The cryptocurrency market is fundamentally different from the Bitcoin market, as the cryptocurrency space is rife with chaos and scams, enticing investors to exchange Bitcoin for altcoins. Currently, there are hundreds of thousands of altcoins, with only thirty outperforming Bitcoin this year, and even fewer expected in the next cycle. For investors looking to profit, the main focus should be on firmly holding Bitcoin. #比特币价格走势分析 $BTC #btc
#比特币市场波动观 Bitcoin $BTC daily chart is in a downtrend, there was a rebound in the morning, and in the afternoon, it moved towards the previous low of 92300 but was interrupted mid-way and reversed to rise. The point is right in front of us; even if the obsession kicks in, it will still test downwards a bit before considering whether to break down immediately, but it’s uncertain when that will happen. There’s nothing worse than the news from the Federal Reserve; wanting a second probe is not easy, and we might have to wait until tonight. Everyone is worried that the US market will drop; some people pulled out before 8 PM, and the cautious ones will wait until 8 or 10 PM to see how things go before entering the market. Currently, the market is dominated by the US side; with Christmas 🎄 approaching in Europe and the US, everyone is joyfully celebrating, and there’s no mood to pump the market. Trading needs to be done, life needs to be lived, and big holidays require proper rest, allowing the market to run freely.
#BTC走势 $BTC Christmas is approaching, and there have been some market fluctuations during Christmas week in previous years. According to PANews statistics, from 2014 to 2022, the Bitcoin trend in the week before and after Christmas. The probability of a decline is about 44.4%, with an average decline of -3.7%. The probability of an increase is about 55.6%, with an average increase of 8.2%. Will Bitcoin rise or fall this Christmas?
BNB is the native token of Binance, the world's largest cryptocurrency exchange. Since its launch in 2017, it has gradually become an important asset in the crypto market. BNB has a wide range of uses, including discounting trading fees, participating in the Binance Smart Chain (BSC) ecosystem, token burn mechanisms, and being used as a payment method across multiple platforms.
The price performance of BNB is highly correlated with the development of the Binance ecosystem. Decentralized finance (DeFi) applications, NFT markets, and GameFi projects on the Binance Smart Chain (BSC) provide ongoing demand for BNB. Additionally, Binance's quarterly burn mechanism reduces the circulating supply of BNB, which supports long-term price formation.
In 2024, as market demand for blockchain technology and DeFi applications increases, BNB may benefit from user growth on the Binance platform and the prosperity of the BSC ecosystem. However, BNB also faces uncertainties such as regulatory policy changes, market competition, and overall volatility in the cryptocurrency market. Investors should pay attention to the compliance developments of Binance, ecosystem expansion, and the impact of the macro economy on the crypto market.
BNB is the native token of Binance, the world's largest cryptocurrency exchange. Since its launch in 2017, it has gradually become an important asset in the crypto market. BNB has a wide range of uses, including discounting trading fees, participating in the Binance Smart Chain (BSC) ecosystem, a token burn mechanism, and being used as a payment method on multiple platforms.
The price performance of BNB is highly correlated with the development of the Binance ecosystem. Decentralized finance (DeFi) applications, NFT markets, and GameFi projects on the Binance Smart Chain (BSC) provide continuous demand for BNB. Additionally, the quarterly burn mechanism conducted by Binance reduces the circulating supply of BNB, which supports its long-term price formation.
In 2024, as market demand for blockchain technology and DeFi applications increases, BNB may benefit from the growth of Binance platform users and the prosperity of the BSC ecosystem. However, BNB also faces uncertainties such as regulatory policy changes, market competition, and overall volatility in the crypto market. Investors need to pay attention to Binance's compliance development, ecosystem expansion, and the impact of macroeconomic factors on the crypto market #BNB
We are very honored to announce that the usual project has officially launched on Binance! This is an exciting moment that marks the recognition of our efforts and contributions. We look forward to working together with everyone on this leading global platform to create an even more brilliant future. Thank you once again for your support and trust, let us welcome more opportunities and challenges together!
In the world of cryptocurrency, anti-sybil action is mainly aimed at those who try to gain benefits through improper means, such as Sybil Attack. Sybil attack refers to an attack method in which an attacker controls the network by forging multiple identities or nodes, which threatens the security and stability of cryptocurrency. In response to this attack, the cryptocurrency community has taken a series of anti-sybil measures, such as restricting the registration of multiple accounts under the same IP or device, setting up complex verification mechanisms, and establishing a reputation system. These measures are aimed at protecting the security and stability of cryptocurrency and preventing attackers from gaining benefits through improper means. At the same time, the cryptocurrency community also calls on users to remain vigilant, pay attention to protecting the security of their accounts and passwords, and not to trust information and links from unknown sources, so as not to become victims of Sybil attacks. In short, the anti-sybil action of cryptocurrency is an important measure to protect the security and stability of cryptocurrency, which requires the joint efforts of community members to maintain. #uxuy #空投
There are indeed many interesting anecdotes about Bitcoin. Here are some interesting examples: Las Vegas girls' QR tattoos: At a strip club in Las Vegas, dancers have QR tattoos on their bodies in prominent places. This QR code tattoo is used to receive cryptocurrency as a tip, providing regular customers with a novel and relatively anonymous payment method. Bitcoin Embassy: There was a place called "Bitcoin Embassy" whose main business was wallet recovery. They used various techniques and machines to crack the code and help people recover lost Bitcoins. This place also welcomes those who are interested in new technologies and Bitcoin to join.
Raising more than $9 million in joint activity tutorial with Binance wallet! ! ! (Activity for seven days)
Project Introduction UXLINK is a pioneering web3 social system designed for mass adoption, allowing users to build social assets and trade cryptocurrencies. It contains a series of highly modular Dapps, from getting started to graph formation, group tools to social transactions, all of which are seamlessly integrated in Telegram. Project Background Investment and Financing Web3 social infrastructure UXLINK has completed a total of $9 million in financing, focusing on the construction of an ecosystem based on the RWS protocol. It was invested by OKX Ventures, Web3Port, Manifold, UOB Venture, Comma3 Ventures, Cypher Capital, Kucoin Ventures, Gate Labs, Forgame, ECV, Signum Capital and 7UPDAO. HongShan, Matrixport Ventures, ZhenFund are also listed investment institutions according to Singapore company registration information. UXLINK was also selected for the Stanford Blockchain Accelerator program. Unlike other social infrastructure projects that focus on one-way attention relationships, UXLINK is the first to innovate and focus on two-way, acquaintance social relationships, similar to the social structure differences between Twitter vs Facebook; Weibo vs WeChat. UXLINK is committed to building an integrated social ecosystem that integrates Web3 traffic entrances, social exchanges and infrastructure.
Participation method Preparation: 1: Open Binance APP, enter personal settings-account security-add pass key (this is very important, after having it, participating in the interaction will save the tedious verification steps) 2: Buy 10.5~20U of ether (also very important, more will be given if the wallet is greater than 10U in the task description) 3: Transfer the purchased ether to the ether of the ARB address of the WEB3 wallet (this is also very important, for GAS use) Process work: 1: Go to the WEB3 wallet of the APP, there is an activity with a big green leaf logo on the middle page, click to participate! 2: Find Task1 to connect the wallet, and there will be 5~25 UXUY after success. 3: Find Task 2, click check-in, interact, this is sign-in, and you will get 16. 4: After completing the daily sign-in, click My task rewards at the bottom of the page, and you will get it. 5: Don't forget to sign in every day! Sign in for 7 consecutive days, and you can get more. If you sign in normally for 7 days, you can get 249 at best!#Megadrop #uxuy
It was reported that Wang Xing, the founder of Meituan, bought Bitcoin in 2013 and received a return of more than 100 times after holding it for eight years, which exceeded his gains from Meituan’s equity during the same period.
In 2021, Ryo Ishii, an employee of an insurance company under Sony, stole about 17 billion yen of public funds to buy Bitcoin. Strangely, when he was arrested, the investment had increased in value to 20.7 billion yen due to the rise in Bitcoin prices, an increase of about 20% in just seven months. This incident not only shows the huge volatility of Bitcoin prices, but also reveals the risk that it may be exploited in illegal activities. #btc
"Rebirth: I Want to Short the Cryptocurrency Circle"
Chapter 4: The Storm is Coming
With a series of operations by "Ni Lin Capital", the cryptocurrency circle began to be turbulent. Many projects that Li Xuan accurately predicted and shorted were successively exposed, and market confidence was severely frustrated. The industry's dark side that he exposed publicly at the right time attracted the attention of regulators and increased the rectification of the cryptocurrency circle.
In this storm, Li Xuan and his team made a lot of money, while those once-glorious fake projects and greedy dealers fell one by one under their attack. Li Xuan's name has become a dreaded existence in the cryptocurrency circle.