$NEIRO Binance said when listing Nerio that it selected some tokens with dispersed addresses. So can it be understood that because the coins are dispersed, the market crash will not be very deep, but the dealer will quickly buy and pull the market in a short period of time, which will easily draw a big positive line.

I have been observing its minute line for a long time, and there are often signs of sudden explosions. From this point of view, it is easier to make money by going long than by going short.

🚨 Ethereum #ETF will start trading on July 23! It is expected that 5 billion to 10 billion US dollars will flow in in the months after the launch. I think this passage will ignite the altcoins 🔥, because the holders of BTC and ETH are different, and the capital spillover brought by the rise of ETH is more obvious.

Cboe official announcement: https://cboe.com/us/equities/notices/new_listings/details/?etf=true&firm_name=Franklin+Templeton&first_trade_dt=2024-07-23&ipo=true&symbols=EZET

【$BTC = Reserve Assets】
Holders are mainly a group of Crypto giants or traditional big money. After the rise, the funds will not spill over. People will only continue to hold or sell U, just like holding gold.

【$ETH =Reserves+Investment/Consumption Funds】
Most blockchain applications start with ETH, and after the holders are sure that the bull market is coming, they will actively consume this part of the funds, buy counterfeits, and participate in projects. The rise of ETFs will accelerate this action.

In other words:
BTC holders rarely play counterfeits because of the rise of BTC. Their funds are large enough and they can be regarded as government agencies, only making small profits with high certainty.

ETH holders will sell out and play counterfeits because of the rise of ETH. They are more like the middle class or VC in society. When their houses rise, they will actually consume and increase their expenses and investment.

$ETH

The Babylon testnet staking process is as follows
This lady 😌 is giving away sBTC!

A large number of altcoins are unlocked, with a total value of 483 million!

Early investors and venture capitalists seem to be under pressure to cash out, and these token capital flows are dragging down Bitcoin.

This year's alt season is destined not to be as prosperous as usual🫠.

$STRK 75 million US dollars
$SEI 62 million US dollars
$ARB B 90 million US dollars
$APE 18 million US dollars
$UNI 90 million US dollars
$ptos: 97 million US dollars
$IMX: 51 million US dollars

Binance is going to list ZK, but it has been postponed. OKX, which has invested in ZK, has not announced its launch yet! The more I look at this matter, the more confused I am. The plot has been ups and downs for so long. I wonder what the price will be like after ZK is listed?

It feels like the long bull run of Bitcoin is about to begin. Will history be surprisingly similar?

There are a bunch of people shouting in the square every day with extremely brainless words. What is the difference between them and clickbait? Since the crypto market is so emotional now, the most important thing to pay attention to is these political coins. $PEOPLE #Trump Anything else?

🍉Friends who haven't tasted ZK melon, assemble

🔎ZK sync is an ETH L2 based on zero-knowledge proof technology. The technology stack selected by this project has attracted much attention, so the financing and voice are also very good. Since the airdrop activity was launched four years ago, a total of 6 million wallet addresses have participated as of the release period.

📍But when the airdrop results were announced two days ago, only 690,000 addresses met the airdrop collection rules, equivalent to 10%, that is, nearly 90% of people did not meet the airdrop rules. So it triggered a lot of online abuse.

🤬There are several main points that everyone is dissatisfied with:

① The airdrop amount of individual accounts is very high, and there is a multiplier rule, which has a lot of room for operation. It is felt that the official insider warehouse behavior is obvious.

② The reverse check rules announced afterwards mean that multiple accounts are not supported, and it is defined as bot. Many studio operators think that the way of announcing the rules afterwards is too unethical.

③ There is confusion between the rules and the actual situation. For example, some people with multiple accounts received airdrops, or the same account received different amounts, and some people even received a lot of money even though the amount of interaction was not much.

⭕️Result: At present, the market crash caused by public opinion is obvious. The over-the-counter transaction price of #zk has been hit to around 0.3, but it is unlikely to change the official result through public opinion pressure at present.

🤔Reflection conclusion: The airdrop enlightenment brought by this incident.
① The rationality and value demand of multiple accounts are not discussed. What's more, web3 is so new that a lot of early data depends on this contribution. But the profit may be more and more limited in the future, and the airdrop is no longer a simple script. It is necessary to focus on cultivating personal boutique accounts.

② Squat for airdrops in the early stage. For example, in the rules of zk this time, the weight given to the interaction of the early lite version is not low. After switching from multiple accounts to one account, you can focus on how to squat on the interaction of earlier projects. Diversify the risks, so as not to go all out and be wiped out.

③ Multiple accounts are risky. Whether it is the account loss or the project party’s subsequent release of contrast rules, it is difficult to defend. Moreover, some real users who are already active may also be judged as bots because of multiple accounts.

④ Premium accounts are the next step in the airdrop posture.Officially speaking, it is definitely ideal to distribute value to real active users.

Powell kept the interest rate unchanged and said:

1️⃣No rush to cut interest rates: The Fed will not cut interest rates unless there is full confidence that inflation is moving toward the 2% target (always emphasized: data have not given us that greater confidence.)

2️⃣Evaluate economic data: It is necessary to continue to pay attention to inflation and employment. The focus is still on employment rate. Currently, high wages are the main cause of inflation.

3️⃣Risk management: Relaxing policies too early or too much may reverse the progress made in controlling inflation. At the same time, if policies are relaxed too late or too little, it may have an adverse impact on economic activity and employment. The Fed will make decisions based on a full assessment of risks.

4️⃣Future outlook: If the economy performs well and inflation persists, the Fed is prepared to maintain the current interest rate range. If the labor market unexpectedly weakens or inflation falls faster than expected, the Fed is also prepared to respond accordingly.

⭕️In short, it is currently cautious about interest rate cuts, emphasizing that interest rate adjustments will only be considered when a sustained downward trend in inflation is seen.

During and after the speech, $BTC $ETH showed signs of falling.
#美国5月CPI超预期回落 #美联储利率决策即将公布 #鲍威尔说了什么 #鲍威尔讲话

The election debate was on June 27th. Anyone who doesn't speak now will be considered to be hoarding political meme coins. Is there anything else besides $PEOPLE $trump $maga?

Another Tel game after Notcoin$NOT : Blum @blumcrypto! Just play it and you might get more points.

🍀How to earn points:
1. Use tickets 🎫 to play games, 30 seconds per game, and you can get about 200 points.
2. Click Farming to automatically earn points, and harvest every 8 hours.
3. The rest is invitations, tasks and other conventional routines.

⭕️Project Introduction#Blumis a hybrid cryptocurrency trading platform that combines CEX and DEX. You can trade any tokens and derivatives in the primary and secondary markets in one stop through #Blum's Telegram applet.

⭕️Team introduction
Several founders have worked at Binance
1⃣️CEO: Former Vice President of Binance, Former Vice President of Eastern Europe and Russia of Binance
@gleb_crypto
2⃣CMO: @SmerkisCrypto

🛎If registration fails:
1. After entering the official tel, find the community, enter the registration link and try again.
2. Change the email address
3. After entering the email address, wait for a while and then come in again, it may be automatically registered (this is what I did...)

Do 6 things to prevent your wallet from being stolen!

1. Recommend 🍎 series hardware
IOS is closed, but pure and safe. Android and Windows are open, but malware is particularly easy to take advantage of.

2. Only use the input method that comes with the system
You must have copied the mnemonic words. Many input methods will read your clipboard, and the information will be in other people's cloud after copying.

3. Isolate the main wallet and browser
When participating in the airdrop, try to use a new small wallet and a new browser, and don't use the main account wallet.

4. Pause the browser plug-in program (as shown in the picture)
If you don't use it often, handle it as shown in the picture to prevent it from starting automatically without your knowledge.

5. Use a cold wallet
Buy a hardware wallet now (except for 100U War God like me who can afford it|ω・)) Put your money in a cold wallet, and you will be safe even if the exchange is stolen!

6. Set up 2FA
Both the exchange account and the browser account must set up two-factor authentication to avoid losses caused by single-point information leakage.

In this bull market, whoever gets the $BTC ecosystem will win the world.

BTC L2 is indeed a bit too much. Recently, Babylon received 70 million US dollars in financing from Paradigm, but it seems that ORDI is still only 50% of the high point, and Merlin is less than 30%. The whole ecosystem is a bit confusing, but generally speaking, there are several reasons for bullishness:

1️⃣The top VCs have invested heavily but have not exited. They are destined to create a climax of the story to exit.

2️⃣The BTC ecosystem has a huge stock of funds, and the annual circulation of BTC funds exceeds 3 trillion.

Pigs on the wind will fly, and the ecosystem with high liquidity has its own premium

Many BTC ecosystems can easily connect with BTC funds and be denominated through BTC. All BTC can easily become purchasing power.

3️⃣New stories can attract new retail investors

Many retail investors do not have the patience to make up for the stories on the $ETH ecosystem. $BTC is just starting out, so it is understandable that newcomers are more likely to participate in the game.

The BTC ecosystem still has 700 times of profit space to be released. If it can be as prosperous as Ethereum, it will have a value of at least 200 billion, but only 320 million has been released so far. You can do the math yourself.

What will happen after the ETF is approved?

1. ETH-ETF funds should overflow to altcoins, because providing ETH liquidity is in disguise providing altcoin liquidity.
2. If FIT21 is passed during this period, the altcoin buff is considered to be fully stacked, and attention will be paid to the sector leaders with good fundamentals and strong market-making traces

3. The mainstream view is that there will be a 1-2 month period of volatility until the ETF transaction is officially carried out, but I prefer to fluctuate for a maximum of 10 days, and then continue to start "running ahead"

#现货以太坊ETF获美SEC批准

Trump speaks out for virtual currency📣
Trump's latest statement: Make sure the future of encrypted digital currency happens in the United States, not overseas.
Then this wave will also be a mouthful of #MAGA and #Trump .
I have to say that he is really smart. Whether he really supports or just wants to win over the hearts of the people in the currency circle, it is a move that can be effective immediately. At this time when everyone is looking forward to the bull market🐂, such a person comes to "fan the flames", and the masses are easily ignited🤩

#以太坊ETF批准预期
Anyway, I believe it can pass!
I didn’t use the alarm at 4 o’clock, and a bunch of liquidation news never stopped, which woke me up directly! I only saw two things when I got up:
1. The SEC news was delayed
2. $ETH Everyone couldn’t hold back and started to sell
I feel that the current market sentiment is very greedy. Even if it passes, it feels like it will be sold down a lot, and there is not much room for growth.
I sold it, what about you?

What does the passage of the FIT21 Act mean?

① Defines decentralized projects, as long as a single person and related parties hold less than 20% of the controlling voting rights
② Defines the scope of jurisdiction, decentralized products, not under the jurisdiction of the SEC
③ Based on certain exemptions for new projects, token sales within 12 months are less than 7500wu, and exemptions are granted under certain conditions

This is a big boon for the crypto industry$BTC $ETH

#美众议院通过FIT21法案 #5月市场关键事件

$RNDR Nvidia released its financial report with good data, so why did the price of the currency fall?

Trump campaign supports cryptocurrency donations!

Trump's 2024 campaign will accept cryptocurrencies such as Bitcoin, Ethereum, Solana, Dogecoin and Shiba Inucoin. The news was released at 4:30 am today. Coupled with the current return of the bull market, do these coins feel stable?

PS: Trump also holds a large position in ETH↓

What stage is the crypto cycle at now? I think it is the Beartrap rising stage. When I discussed it with my friend, he was more conservative and thought it was still around the same level. It was hard to say whether it had bottomed out.