November 16th 7:00pm Featured Report: Elon Musk’s Chinese translation of Twitter (translated by Lv Dongbin in the cryptocurrency circle)
(1) 12:14 am · November 16, 2024 Elon Musk retweeted: From: Elon Musk Subject: Re: Sincere thoughts Date: Wednesday, September 20, 2017, 17:00 PM Guys, I've had enough. This is the final straw. Either you guys go build something on your own, or continue to run OpenAI as a nonprofit. I will no longer fund OpenAI until you make a firm commitment, or I'd be a fool basically giving you free money to build a startup.
Shock! Tesla has emptied all bitcoins, market analysis may prepare for participation in CeFi + DeFi
The crypto wallet marked as Tesla has conducted 26 transactions, almost transferring all of the company's 11,500 bitcoins, valued at over $765 million. Trend analysis: ① There are no signs indicating that the bitcoins were sent to exchanges. ② Tesla has also not publicly disclosed any selling plans. ③ Relevant information may be disclosed when the company announces its third-quarter financial results after the market closes on October 23. ④ Tesla's bitcoin wallet has been idle since June 17, 2022, and market analysis suggests that Tesla may participate in CeFi or DeFi for bitcoin wealth management, especially as the yield on BounceBit $BB has already reached an annualized 33.6%.
Tonight, there is a high probability of a 10,000-point plunge! Brothers, do a good job of risk management and use the BounceBit CeDeFi platform to obtain fixed income
The situation is about to change! Today the greed index has reached 80! Every time at this time, there will be a big correction, especially such an unhealthy rise of nearly 40% in 5 days. This kind of rise is actually very dangerous because the market can change at any time! In this kind of market, don’t open orders again, but do fixed income. You can lock in 33.6% fixed income through the BounceBit CeDeFi platform! BounceBit CeDeFi platform is an innovative platform that integrates the advantages of decentralized finance (DeFi) and centralized finance (CeFi). It not only provides a wealth of digital asset trading services, but also launches a variety of fixed-income financial products, providing investors with diversified investment options. These financial products have attracted the attention of a large number of investors with their relatively stable returns and lower risks.
The Big Secret to Making Money in the Cryptocurrency World! Storing 10,000 U This Way Doubles Your Money!
Don't randomly put your savings in different places; the returns can vary by up to 15 times! Quickly learn these few financial management tips to earn more from information gaps; don't be a fool by letting your savings sit idle! The BounceBit CeDeFi platform has just released the V2 version:
The platform offers a variety of yield products with annualized returns as high as 5%-32%, far exceeding traditional bank deposits. Among them, stablecoin staking has become a popular choice for investors. It is understood that the current yield rate for stablecoin staking on the BounceBit platform has reached an astonishing 33.6%, which consists of a 12% base yield and a 21.6% $BB reward.
Announcement on Supporting Filecoin (FIL) Network Upgrade
This is a general announcement, and the products and services mentioned here may not be applicable to your region. Dear users: Binance is expected to suspend the token recharge and withdrawal services for Filecoin (FIL) network at 06:00 on November 21, 2024, UTC+8, to support its network upgrade. This move aims to provide users with a high-quality experience. The project party will conduct a network upgrade at block height 4,461,240 (expected to be at 07:00 on November 21, 2024, UTC+8). Note: Users can trade the tokens supported by the above network normally; Please recharge in advance, Binance will assist users in handling all technical issues involved;
Is there still justice? Bitcoin surges 50%, but the Bitcoin ecosystem token BB only rises 5%!
In the past two days, Bitcoin surged nearly 50%, rising from 60K to 89K without looking back, but the Bitcoin ecosystem token BB only increased slightly. The entire trading focus remains at a low level, which I believe is definitely an opportunity. Once Bitcoin enters a stagnation zone, funds will seek to boost low-value assets, so this is indeed a good opportunity for us to position ourselves with BB at a low level. I. BB is the first Binance Megadrop project BB digital currency is the first cryptocurrency project launched on Binance Megadrop. Megadrop is a new token issuance platform launched by Binance, aiming to provide users with opportunities to participate in new token issuances. As the first project launched, this identity has brought high market attention and investor expectations to BB.
It's true! I want my apprentice to do well, but I'm afraid my apprentice will drive a Range Rover. After bringing university student apprentices into the crypto space for 21 years, now my apprentice has a studio and drives a Porsche Cayenne, he's already outpacing me by several streets, maybe I should find a new track to race on, just in time as Bitcoin is surging (breaking 80k), I specifically researched Bouncebit ($BB ) in the Bitcoin ecosystem and feel that the newly released V2 is indeed quite good:
The V2 version of BounceBit officially launched a couple of days ago, which is actually an open Alpha, after all, half a month ago its documentation mentioned the launch time and content, at that time the price was still at a low of 0.23. I also shared information about its V2 version in the community and on Twitter,
when I saw their booth I specifically went to learn more about the team's future plans, ensuring that the team is getting things done. 🤣 Interpreting the V2 version of BounceBit, one can actually see the shift in attitude and thinking of institutions and projects towards the BTC ecosystem.
The CeDefi concept, that is, it is still a DeFi product, staking coins on-chain, also earning income from the blockchain, but the biggest difference from other Staking projects is that its income composition includes not only passive income from on-chain, but also active income earned from quantitative arbitrage trading in exchanges. Therefore, the assets staked above will be entrusted to compliant regulatory institutions like Mainnet Digital and Ceffu, which is hosted by Binance, and mapped to exchanges, essentially creating a sub-account in Binance for quant trading. Currently, the income from this Cefi part will only be given to premium version users, with a threshold of 0.01 BTC or 1000 USDT.
Let's talk about: The principles of a comprehensive CeDeFi framework.
As a comprehensive CeDeFi framework, Bouncebit provides Bitcoin holders with abundant earning opportunities. By participating in on-chain ecosystem DeFi earnings, infrastructure earnings, and on-chain CeFi earnings, you can maximize the potential returns on your assets.
On-chain ecosystem DeFi earnings: Utilizing DeFi applications and opportunities within the Bouncebit ecosystem, such as liquidity provision, yield farming, as well as new project launches or governance mechanisms, you can earn incentives such as transaction fees and governance tokens.
Infrastructure earnings: By staking Bitcoin and Bouncebit tokens, participating in node staking and PoS mining, you can receive staking rewards and network transaction fees. #BBCeDeFi @BounceBit
🔥 【BB Project V2: Reshaping a New Era of Staking Asset Management, 200% Experience Upgrade Shocking Arrival!】🔥
Amidst everyone's attention, the boss of the BB project made a stunning appearance in the live broadcast of the V2 product, the extreme simplification of its on-chain asset management process instantly ignited market enthusiasm! From the V1 version's BTC staking profits dominating the landscape, to now V2 fully supporting cross-chain hassle-free staking of mainstream assets like BNB, SOL, and ETH, BB is leading a revolutionary leap, setting a new trend in the industry. 🔍 Looking back at the V1 era, Bouncebit made an outstanding contribution to the transparency of BTC staking node profits, accurately tracing returns to the real market-making arbitrage of Binance, achieving an impressive annualized return of 15%, attracting countless investors' favor and trust.
Bitcoin Soars! Pay attention to the Bitcoin ecosystem BounceBit (BB), which could be the next doubling coin
Recently, Bitcoin surpassed $80,000! Be sure to pay attention to Bitcoin ecosystem coins like BounceBit (BB), as there is a great potential for significant gains!$BB I. Company Overview BounceBit (BB), an emerging enterprise officially launched on HIBT on May 13, 2024, focuses on building BTC Re-Staking infrastructure. The company is committed to providing a solid foundational support for various re-staking products, and its blockchain platform is meticulously crafted as the core showcase for re-staking products within the BounceBit ecosystem. Through deep collaboration with regulated custody services such as Mainnet Digital and Ceffu, BounceBit adopts an innovative CeFi (Centralized Finance) + DeFi (Decentralized Finance) framework, enabling BTC holders to earn substantial returns across multiple blockchain networks.
Earn $4.6 Daily, Beginners Can Start Mining CKB in 10 Minutes
First, let's look at the revenue chart. The recently popular Antminer K7, priced at $3800, has a hash rate of 63.5T, power consumption of 3080W, and energy efficiency of 48.5J/T. At an electricity cost of $0.1 per kWh, it can generate daily revenue of $4.6. It can be said to be the top choice for beginners:
The daily revenue from the K7 is $4.6 In the rapidly changing cryptocurrency market, information asymmetry is undoubtedly the key to profit. Bitcoin mining once created a glorious history of 400% annualized returns, and even in the current bear market, its yield still far exceeds the average level of traditional industries. However, with increasing competition and market changes, Bitcoin's annualized yield has dropped to around 12.5%-20%. Against this backdrop, an emerging digital currency—CKB, with its excellent mining yield, is gradually coming into the investors' view.
Annualized Return of 34.74%, 2.62 Years to Break Even! Stop Focusing on Bitcoin Mining, Let Me Introduce You to the Real Yield of CKB Mining
The most profitable thing in the cryptocurrency world is the information gap, nothing else! Historically, Bitcoin mining experienced an annualized return of 400%. Even during a bear market, the yield far exceeded that of the declining traditional industries, but the current annualized return is only around 12.5%-20%.
Recently, researching on-chain data and GPU mining machines, I suddenly found a coin with very good data, which is ! 1. Where is it good? On one hand, the annualized return of CKB mining is 34.74%, with a payback period of 2.62 years! (Cost and revenue calculation: the K7 mining machine currently costs about $3,800, assuming an electricity price of $0.1 per kWh, daily income of $11.53, daily electricity cost of $7.39, resulting in a daily net income of $4.13.)
How to make money in the cryptocurrency world? A summary of ten ways to earn money, using CKB as an example (must-read for beginners)
In the field of cryptocurrencies, there are many ways to make money beyond just trading. This article will detail ten methods of earning money with cryptocurrencies, using CKB (Common Knowledge Base, the native token of the Nervos network) as an example to discuss the implementation strategies for each method. 1. Introduction to CKB CKB is the cornerstone of the Nervos network, which aims to provide developers with a robust infrastructure for building decentralized applications (DApps) and smart contracts through innovative architecture and protocols. As an open-source, scalable, multi-asset Layer 1 blockchain platform, the Nervos network is gradually becoming a new star in the cryptocurrency sector.
Understand CKB's Cell Model in 10 Minutes (Beginner's Edition)
In the world of blockchain, Common Knowledge Base (C-51) is a unique entity. It proposes a new data structure, the Cell model, to solve some fundamental problems in the blockchain field. Although it sounds very high-sounding, the idea behind the Cell model is actually quite simple and intuitive. Next, we will explain CKB's Cell model in plain language. Let's start with Bitcoin First, we have to start with Bitcoin. Bitcoin divides the ledger into small parts, each of which is called UTXO (unspent transaction output). You can think of UTXO as coins, each of which has a face value (such as 1 Bitcoin, 0.5 Bitcoin, etc.) and an owner (represented by a script). When you want to transfer money, you need to "spend" some UTXO (that is, use up these coins) and "create" new UTXO (that is, generate new coins) for the recipient. In this process, the total face value of the spent UTXO must be greater than or equal to the total face value of the newly generated UTXO to ensure that no one can issue more Bitcoins at will.
Mining is so profitable! CKB mining distribution map on November 7: the United States, Singapore, and Hong Kong nodes account for half!
The latest global distribution map of CKB mining has been released. Currently, the countries with the most nodes are the United States (31 Nodes), Singapore (27 Nodes), and Hong Kong (19 Nodes).
Surprised or not! Although GN is 2Nodes, from the distribution point of view, BJ, SH, and GD all have mining machines!
Profitable mining farms will never reveal what they are mining, but as long as you keep an eye on the currency with the fastest increase in computing power in the entire network, there must be a reason. Today, we will focus on the CKB issuance mechanism, which is divided into two parts: basic issuance and secondary issuance. Basic issuance is mainly used to improve network security in the early stages of the network, and its rewards are directly issued to miners to encourage them to process transactions on the network. However, it is the secondary issuance mechanism that really allows miners to obtain additional benefits.
I have always been unclear about the total source of $CKB , but after looking at a chart shared by the community yesterday, it became much clearer:
There are mainly three sources👇
1) Genesis Block: 33.6 billion CKB in total
2) Primary Issuance (Base Issuance): Similar to Bitcoin mining, a total of 33.6 billion CKB, halved every four years
3) Secondary Issuance: 1.344 billion CKB fixed annually, distributed to miners, Nervos DAO, and national treasury (directly destroyed)
As an innovative blockchain project, the total source of Nervos’s native token CKB has always attracted attention🤔. Recently, through a chart published by the community📊, we gained a clear understanding of the three main sources of CKB.
First, the Genesis Block is the initial source of CKB🌐. When the Nervos blockchain started, 33.6 billion CKB was issued all at once through the Genesis Block💰. The distribution and use of this portion of tokens aim to ensure the initial operation and development of the project🚀.
Second, the primary issuance (also known as base issuance) is the continuous source of CKB🔄. Similar to Bitcoin's mining mechanism⛏️, Nervos also gradually releases CKB through a specific mechanism. This mechanism also sets a total cap of 33.6 billion CKB🔍. However, unlike Bitcoin, Nervos’s primary issuance adopts a halving strategy every four years⏳, meaning that over time, the issuance of CKB in each cycle will gradually decrease📉.
Finally, the secondary issuance is another important source of CKB📈. Each year, Nervos will issue a fixed 1.344 billion CKB and distribute it according to certain rules to miners, Nervos DAO, and the national treasury🏦. Miners receive rewards for maintaining the security and stability of the blockchain🏆, the Nervos DAO is responsible for governance and development decisions💡, and the CKB in the national treasury will be directly destroyed to reduce the total circulation and maintain the token's scarcity🔥.
The total sources of Nervos CKB include the Genesis Block, primary issuance, and secondary issuance📚. These mechanisms work together to ensure the scarcity, stability, and sustainability of CKB💪, laying a solid foundation for the long-term development of the Nervos blockchain🌱. As the Nervos ecosystem continues to improve and expand🌐, the application scenarios and value of CKB will also be further enhanced and expanded🚀.
P2P Networks and Fiber Network: The Future Landscape of Web5 and BTCFi
When discussing the future landscape of Web5 and BTCFi, the importance of P2P networks and the Fiber Network cannot be ignored. These two technologies not only drive innovation in the Web5 architecture but also significantly enhance the liquidity, scalability, stability, and usability of the BTCFi ecosystem, facilitating seamless cross-chain transfers of BTCFi assets. P2P Networks: The Core of the Web5 Architecture Peer-to-peer communication (P2P) and consensus mechanisms are the yin and yang of the crypto-economic network. However, in the wave of Web3, novel consensus layer protocols have attracted significant attention, while the P2P layer is often overlooked. In fact, P2P networks play a crucial role in Web5.
Latest Strategy! Using JoyID for Cross-Chain Arbitrage of CKB Price Differences
Recently, I finally found the stable profit 'golden key'—cross-chain arbitrage. With the powerful combination of JoyID wallet and the Lightning Network, using $CKB (Common Knowledge Base, an innovative blockchain asset) as a medium, I easily earn a stable income of 700 U monthly. I. The Dream Collaboration of JoyID Wallet and Lightning Network (Super Fast Arbitrage Speed) JoyID, the first Passkey wallet to embrace the Lightning Network, has won users' trust with its exceptional security and redefined the digital currency transfer experience with lightning-fast transaction speeds. The Lightning Network, as a second-layer protocol for Bitcoin, makes near-instant transactions and negligible transaction fees possible. The Passkey mechanism acts as a robust defense, safeguarding the assets of every user.