$XTZ 🔴 Now streaming: Built on Tezos

Baanx, a next-generation service provider of digital asset-friendly financial services, is co-launching its first Etherlink product in the Tezos ecosystem.

What’s on the agenda?

- Bringing crypto payments to the mainstream

- Tezos-backed payment cards in development

- Key partnerships to strengthen blockchain payment solutions

- Baanx’s collaboration with Etherlink

🎁 Giveaway alert: We’re giving away 10 Nano Ledgers to 10 lucky viewers! Reply! baanx in the comments (X, YouTube, Telegram

$XTZ The proposal for uXTZ introduces a solution that addresses the liquidity issue associated with staked XTZ while aiming to enhance user engagement and utility within the Tezos ecosystem. Here’s how this proposal could benefit Tezos:Overall, the uXTZ proposal has the potential to revitalize Tezos’ DeFi landscape, increase staking participation, and offer users a more versatile and rewarding experience within the Tezos ecosystem. However, careful planning and execution are crucial to ensure that the implementation aligns with Tezos’ long-term goals and does not introduce unnecessary risks.

$XTZ Tezos' upcoming tzBTC 2.0 is an improved version of the tzBTC token standard designed to improve user experience and practicality. tzBTC is a token anchored to the value of Bitcoin, that is, each tzBTC corresponds to a Bitcoin in the real Bitcoin reserve, ensuring its value stability. Here are some key features and uses of tzBTC 2.0:1. Automated self-service: tzBTC 2.0 allows users to complete the minting and destruction of tzBTC through an automated process, which means that users no longer rely on third-party services for the issuance and recycling of tokens, greatly improving efficiency and reducing costs. In addition to the necessary gas fees, there are no other fees for this process. 2. Multi-chain support: tzBTC 2.0, scheduled to be implemented in June 2024, will support the minting and destruction across multiple blockchains, which means that the use of tzBTC will be more flexible, spanning different ecosystems, and enhancing its liquidity and compatibility in a multi-chain environment. 3. Improve security and transparency: As part of the Tezos ecosystem, tzBTC 2.0 will inherit the security features and self-correction capabilities of the Tezos platform, ensure the correct execution of smart contracts and the continuous evolution of the network, and further increase users' trust in tzBTC. 4. Promote DeFi applications: The launch of tzBTC 2.0 will promote the development of decentralized finance (DeFi) applications on Tezos. Users can participate in DeFi activities such as lending, trading, and yield farming on the Tezos platform while maintaining the value of Bitcoin, thereby improving the liquidity and utilization of Bitcoin. 5. Simplify the process: Compared with the previous version, tzBTC 2.0 simplifies the user interaction process, making it easier for both individual investors and institutions to participate in the Bitcoin token economy, and promoting a wider range of Bitcoin application innovations. In general, tzBTC 2.0 aims to provide users with a more efficient, secure, and flexible Bitcoin tokenization solution by improving convenience, reducing costs, enhancing security, and promoting cross-chain compatibility, and promoting the further development of the Tezos ecosystem and even the entire cryptocurrency field.

$BTC Dear tzBTC users and testers,

As we prepare for the mainnet launch, I am pleased to inform you that we have overcome the obstacles that previously held us back, primarily the lack of wallets that can handle custom multi-scan setups. We have modified our solution to ensure that standard wallets like Electrum are able to manage the multiple IGs it generates in the event that a manual backup process is required.

Today we relaunched the staging instance on the Bitcoin testnet. You can access it here:

https://get.test.tzbtc.io/

Please note that as before, testing requires a real KYC procedure, even if you can only make Bitcoin testnet and Tezos Ghostnet transactions. However, once you complete KYC, you will not need to repeat it on the mainnet, which we expect to launch next week, pending a successful final signing meeting this Friday.

Also note that testing may be challenging at the moment due to the ongoing Bitcoin testnet war. Some participants are spamming the Bitcoin testnet, driving fees up to the point where our solution may not be able to process transactions, which mirrors a potential mainnet scenario. As a result, your transactions or forwarding transactions required for test packaging may not succeed, or may be severely delayed.

If you encounter any problems, please feel free to let us know.

Congratulations #XTZ、每日智能策略

$BTC I have nothing to do and I will analyze the market: I personally think that 50,000 US dollars for Bitcoin may be the bottom of this year, and the maximum drop of the copycat is about 20%. It is basically close to the bottom. ​ Why did Bitcoin go to around 16,000 US dollars last time when the bull market turned to bear? It was mainly due to the combined effects of the Russian-Ukrainian war, the collapse of projects such as the Luna stablecoin, the collapse of the Ftx exchange, and the Fed's interest rate hike. ​ ​ So why did we see 50,000 US dollars as the bottom this time? The main reason is that this bull market is caused by the spot etc. So there is no crash, at most a normal callback adjustment. Because the average holding price of US ETFs is around 58,000 US dollars, so I said that the conservative point of 50,000 US dollars is the bottom. This price is very resistant to pressure. At present, the negative news of CZ being sentenced has ended, the Fed's monetary policy is generally loose, and the market agrees with the interest rate cut at the end of the year. There is no negative impact of not cutting interest rates for the time being. The important point is that the market selling pressure of Bitcoin halving is 450 less per day, and the spot circulation of the exchange is getting less and less. Looking at the international situation at present. The war between Russia and Ukraine has basically become normalized. The Middle East issue is also basically in a state of tension, and the impact on Bitcoin is not very big. As long as the Sino-US relations are stable and there is no confrontation, the trend in the second half of the year is good. I expect Bitcoin to reach 100,000 US dollars by the end of the year.

$BTC There are different sources of information on whether BlackRock will participate in the Hong Kong Bitcoin spot exchange-traded fund (ETF): 1. Bloomberg report: Bloomberg quoted people familiar with the matter as saying that BlackRock plans to participate in the Hong Kong Bitcoin spot ETF market and is expected to inject about US$2 billion in funds on the first day of listing. This news shows that BlackRock has shown a positive attitude towards the market and may become one of the important participants. 2. Valkyrie statement: Valkyrie did not directly mention whether BlackRock will participate in the Hong Kong Bitcoin spot ETF in its official statement, but emphasized the development and market performance of its own Bitcoin ETF products. This shows that Valkyrie may be a participant independent of BlackRock. 3. Bitwise report: The report released by Bitwise mentioned multiple Bitcoin spot ETF products, but did not clearly indicate whether BlackRock was involved. The report mainly focused on the first-day fund inflows of different Bitcoin ETFs on the market, as well as the investment strategies and market performance of these products. 4. Galaxy Research forecast: Galaxy Research's report predicted the overall fund inflows in the Bitcoin spot ETF market, but did not mention whether BlackRock was involved. The report mainly focuses on the development trend and future potential of the Bitcoin ETF market. Based on the above information, although Bloomberg's report suggests that BlackRock may participate in the Hong Kong Bitcoin spot ETF market, other sources have not provided direct evidence to support this view. Considering BlackRock's position in the global asset management industry and its layout in the field of cryptocurrency, the possibility of its participation in the Hong Kong Bitcoin spot ETF market cannot be ignored. However, whether to participate in the end and the specific form of participation still need to wait for BlackRock's official statement or the disclosure of relevant regulatory documents. When making investment decisions, investors should take official information as the basis and make comprehensive judgments based on market dynamics and professional analysis.

$BTC The truth is hard to hear. We are here to make money, not to talk about faith. We can't keep singing bullish without thinking. The market has adjusted. Our thinking must also be adjusted. If the pie falls for 1 year. Does it mean that we will not only lose profits, but also suffer principal losses! In the last bull market, I was also brainless and bullish, but I didn't make much! I also hope that it will rise and keep rising, because it will be easy for everyone to make money when it rises, but the market is not like this! It won't let us do whatever we want. I know that some partners are unhappy because they are trapped, but we are all adults. The market will not always let you make money comfortably. The process of making money is painful! Traders grow in pain. In the past few days, I have been reviewing my trading ideas, including summarizing the operations of the last bull market. If you want to make money, you must continue to improve, learn and think! The most feared thing in trading is emotional control. Cutting meat and stopping losses sounds simple, but it is difficult to do, including me! Because this is real money! But if you don't cut your losses, and you are holding altcoins, is it possible that your positions will have to endure a sharp drop, zero, and delisting when the big bitcoin price plummets? What I'm talking about are all bloody lessons. The scenes of the last bear market are still vivid in my ears. We should not care too much about whether we can make dozens or hundreds of times in this round of market. I think it's good to make money. Because there are too many opportunities in the currency circle. Your approach should be to make money. We are all young and there are plenty of opportunities. But if you lose money every time in the bull market. Then you can't help but ask yourself: why!
Finally, let me summarize why I am not optimistic about the next trend:
1: The situation in the Middle East. Everyone knows that the turning point of the last bull market was the Russian-Ukrainian war, which led to the sharp drop in the big bitcoin price and accelerated the entry of the bear market.
2: The Fed's interest rate cut is far away. It was originally scheduled to start cutting interest rates in the second quarter of this year. It is expected to be more than 2-3 times in 2024. As a result, the current news may not cut interest rates this year!
3: At the current high level of big bitcoin, should I buy or sell? My analysis is how much can big bitcoin rise if it rises? But if you hold the order when the price drops, you will not be able to bear it!
4: At present, the funds of US stock Bitcoin spot ETFs have begun to flow out continuously. The countdown to halving has begun, and the market is still selling in panic!

$BTC Regarding the expected inflows of funds into Hong Kong Bitcoin spot exchange-traded funds (ETFs), the existing information contains the following predictions:
1. Eric Balchunas, senior ETF analyst at Bloomberg, said that BlackRock's Bitcoin spot ETF may receive $2 billion in funds on the first day of listing, breaking the first-day fund inflow record. He further expects that these Bitcoin spot ETFs will receive $4 billion in funds on the first day of listing and are expected to attract $100 billion in funds in the first year.
2. According to data on January 31, 2024, the net inflow of funds on the 13th day (January 30) after the Bitcoin spot ETF opened for trading was $247 million.
3. As of January 28, 2024, the cumulative net inflow of funds into Bitcoin spot ETFs reached $756 million.
4. By February 29, 2024, the net inflow of funds into Bitcoin spot ETFs reached $44 billion, which was close to half of the size of all gold ETFs at the time.
5. A report on February 26, 2024 pointed out that the Bitcoin spot ETF has accumulated a net inflow of more than US$5.5 billion.
Based on the above information, the following conclusions can be drawn: • The Hong Kong Bitcoin spot ETF is expected to have a large-scale inflow of funds in the early stage of listing (first day or first week), which may reach hundreds of millions of dollars or even billions of dollars. • As time goes by, the inflow of funds continues to increase, and by the end of 2024, the net inflow is expected to exceed US$20 billion.
• Analyst Eric Balchunas is very optimistic about the long-term outlook (within one year), predicting that the Bitcoin spot ETF may attract up to US$100 billion in funds. It should be noted that the above forecast is based on market sentiment, Bitcoin price trends, investor preferences, and global economic and financial environment in a specific period. The actual inflow of funds will be affected by many factors and may differ from the forecast value. To understand the latest inflow of funds into the Hong Kong Bitcoin spot ETF, it is recommended to pay attention to the real-time data report of the relevant fund or financial market news updates.

$BTC Regarding the future development of Hong Kong Bitcoin spot exchange-traded funds (ETF), we can analyze it based on existing information and industry trends:
1. Strong market demand: With the growing demand for Bitcoin and cryptocurrency investment globally, and the successful launch of Bitcoin spot ETFs in the United States and other regions and achieving significant trading volumes, Hong Kong, as an international financial center, has its Bitcoin spot ETFs The market demand is expected to be strong. 2. Supportive policy environment: Hong Kong regulators have a relatively open attitude towards cryptocurrencies and are already formulating relevant regulatory frameworks to allow and encourage the listing of compliant virtual asset products. Hong Kong is expected to attract more domestic and foreign investors through the establishment of Bitcoin spot ETFs, especially the Southbound Connect mechanism, which is closely linked to mainland China, which may bring additional investment flows to such products.
3. Product innovation and competition: As many financial institutions and exchanges compete to deploy Bitcoin spot ETFs, it is foreseeable that such products in the Hong Kong market will undergo a rapid development stage and will also face fierce market competition. , which may promote product innovation and service quality improvement.
4. Risks and challenges: Although the development prospects are promising, the price of Bitcoin is extremely volatile, and regulatory policies on the cryptocurrency market are still evolving. Therefore, the success of the Hong Kong Bitcoin Spot ETF will depend on the ability to effectively manage risks. , meet regulatory requirements, and win the trust of investors. Based on the above factors, the future of Hong Kong Bitcoin Spot ETF may show a positive development trend, but it also needs to pay close attention to market changes, regulatory adjustments and the overall trends of the global financial market. However, please note that actual market performance and future developments must be judged based on real-time economic conditions, policy changes, and the behavior of market participants.

$BTC Bitcoin has been trading sideways at 65,000-70,000 for a month! This means that the selling pressure has been absorbed almost completely. The market is going to be perfect in the future. The halving, the continued inflow of US ETF funds, the reduction of Grayscale selling, and the prospect of a rate cut in the third quarter will definitely lead to a bull market. [666][666][666][666][666][666][666][666]#大盘走势

$BTC is waiting to buy the dip!

$BTC Wu said he learned that weekly inflows into digital asset investment products hit a record high last week, totaling $2.45 billion, and inflows so far this year have reached $5.2 billion, according to the CoinShares weekly report. These inflows lifted total assets under management (AuM) to $67 billion, the highest level since December 2021. Bitcoin accounted for over 99% of inflows, with Ethereum seeing $21 million in inflows. Additionally, Avalanche, Chainlink, and Polygon saw inflows of $1 million, $900,000, and $900,000 respectively, with consistent weekly inflows this year. — link#ETH

$ETH Wu said he learned that the experimental standard ERC-X project Miner was attacked. Chaofan Shou, a security officer at fuzzland, said that Miner has a vulnerability that will double the balance when coins are transferred to one's own address. ERC-X claims to be able to use multiple standards including ERC-20, ERC-404 and ERC-721 in one standard. — link

$BTC Wu said that he learned that Architect, an encryption startup founded by former FTX US president Brett Harrison, completed a new round of financing of US$12 million, led by BlockTower Capital and Tioga Capital, with participation from CMT Digital, ParaFi Capital, A Capital, Twelve Below, etc. This round brings the total funding raised by Architect to $17 million. Architect aims to create a trading platform that is more accessible to large investors such as institutions. — link#FTT

$LDO Bankrupt crypto lender Genesis has reached a settlement with New York State Attorney General Letitia James after she accused Genesis of defrauding customers through the now-defunct Gemini Earn program, according to Bloomberg. The settlement will allow assets that might otherwise go to state authorities to be returned to former Earn customers and other Genesis creditors. The deal must be approved by a bankruptcy judge, and Genesis will seek New York Judge Sean Lane's approval of the settlement agreement and liquidation plan on February 14. — link

$APE Wu said that he learned that on-chain data showed that at 1:33 UTC+8 on February 9, the rare pure gold skin BAYC 1726, which once belonged to the NFT whale Franklin, was sold for 275 ETH. Franklin, once a top-10 BAYC holder, is currently or has sold all of his BAYC holdings. Franklin also tweeted his farewell, "The end of an era." In April 2023, Franklin lost thousands of ETH and sold BAYC in large quantities due to gambling and rugs. — link

$BTC Wu said he learned that according to Bloomberg ETF analyst James Seyffart, the reasons for the failure of the Bitcoin spot ETF include the SEC using new reasons or ignoring the court ruling, and the Biden administration coming to stop it, etc., but they are unlikely. It will happen; another analyst, Eric Balchunas, said that the probability of failure is now only 5%. — link

$BTC Arthur Hayes’ full blog post: I expect Bitcoin to experience a healthy 20% to 30% correction from whatever levels it reached in early March. If a U.S.-listed spot Bitcoin ETF had begun trading, the liquidation might have been more severe. Imagine if the anticipation of tens of billions of dollars of fiat inflows into these ETFs pushed Bitcoin over $60,000 in the future and close to its 2021 high of $70,000, I could easily see 30% to 40% retracement. This is why I can’t buy Bitcoin until these fateful March dates pass. — link

$XTZ #BTC Wu said it was learned that on Wednesday (January 3), BlackRock, the world’s largest asset management company, expected to receive approval from the U.S. Securities and Exchange Commission (SEC) for its Bitcoin spot ETF, according to Fox Business. This will be the first time a crypto investment product approved by securities regulators is traded on a public stock market. BlackRock also plans to announce layoffs of about 600 people, or 3% of its global workforce, in the coming days. — link

$JTO ​​Wealth password jto, you can stud, take it for a week, today is just a small test! It is easy to enjoy the shade under the big tree of Sol. Today, when other copycats are falling, the market pulls, which undoubtedly explains everything. It will attract traffic to the Sol ecology and make TVL bigger.