Elys Network is a unique Layer-1 application chain with a full set of features including native Bitcoin and Solana staking and leveraged trading. Its main goal is to provide a universal liquidity layer that unifies various blockchains with one click. A Layer-1 application chain built on Cosmos SDK, it can easily integrate with other blockchains in the decentralized ecosystem. One of the main goals is to simplify the user's onboarding process and provide a user-friendly interface similar to centralized exchanges, while still maintaining the advantages of decentralized finance.

The universal liquidity layer refers to the concentration of liquidity in multiple ecosystems into one node, the Elys Network DEX. This means that users can get a wider selection of trading pairs, consistent and easily accessible liquidity pools, and a large pool of assets. This design reduces market fragmentation and improves the overall liquidity of all ecosystems. Elys Network's unified application implements multiple functions on the platform, allowing users to seamlessly stake USDC, ELYS (its native token), Bitcoin, Solana, and various types of tokens.

By adopting the Inter-Blockchain Communication (IBC) protocol, Elys Network provides a trust-minimized and secure bridge for native assets from EVM-compatible chains, Bitcoin, Solana, and Avalanche, enabling assets to be seamlessly transferred between Elys Network and other blockchains, thereby enhancing the inclusiveness of the entire ecosystem.

Thanks to the experts and Binance users for sharing the application scenarios of AI, such as emotional AI and AI computing power. It helps me understand the fields where AI can be widely applied in the future, allowing me to gain early insights in this area to choose suitable projects for investment. The development of AI brings new product forms, and in this process, Web3 products can grow in a differentiated manner, leveraging the characteristics of fairness, transparency, and trustless blockchain technology to build consumer-oriented products.

Thanks to the experts and Binance users for sharing the application scenarios of AI, such as emotional AI and AI computing power. It helps me understand the fields where AI can be widely applied in the future, allowing me to gain early insights in this area to choose suitable projects for investment. The development of AI brings new product forms, and in this process, Web3 products can grow in a differentiated manner, leveraging the characteristics of fairness, transparency, and trustless blockchain technology to build consumer-oriented products.

OverProtocol is a Layer 1 blockchain that allows individuals to run full nodes on personal computers. With the OverScape application, anyone can participate as a validator without requiring specialized knowledge. Traditional blockchains can be resource-intensive and require specialized hardware to run nodes that validate transactions. Over Protocol addresses this challenge with its innovative approach. OverProtocol provides new financial opportunities aimed at creating a user-friendly environment where anyone can easily participate in a new P2P financial system without expertise.

Over Protocol offers several advantages to users and the blockchain space:
1) Enhanced decentralization: The protocol allows anyone to run a node, validating through a distributed network and reducing reliance on centralized entities.
2) Improved scalability: Over Protocol's lightweight nodes contribute to building a more scalable blockchain network capable of handling higher transaction volumes.
3) Enhanced user experience: User-friendly tools like OverWallet and OverNode make it easier for individuals to interact with the blockchain and participate in the network.
4) Broader accessibility: Over Protocol lowers the entry barrier for blockchain participation, providing opportunities for a wider range of users.

Overall, Over Protocol offers a promising approach to blockchain technology. Its focus on decentralization, scalability, and user experience paves the way for a more inclusive and accessible future for blockchain applications.

#over

Meme coins represent a high-risk opportunity in the ever-evolving world of cryptocurrency. As we approach 2025, community influence, innovation, and regulatory developments will collectively shape the landscape. While these meme coins can offer substantial returns, they also come with considerable risks due to their speculative nature and lack of intrinsic value. Investors must stay vigilant, informed, and prepared to navigate this volatility.

Ultimately, investing in meme coins should strike a balance between optimism and careful assessment of potential downsides. If considered thoughtfully, these investments may find a place in a diversified portfolio, but always remember: the meme coin market is both exciting and unpredictable.
#memecycle

Streamflow creates, allocates, and incentivizes infrastructure that enables exponential growth of the on-chain economy through token creation.

STREAM is a governance and utility token designed to coordinate stakeholders and facilitate community participation in decision-making. The STREAM token will power the Streamflow ecosystem by expanding the on-chain economy, nurturing a vibrant community, and supporting the development of Streamflow v2 through adjusted incentives.

As of December 2024, Streamflow has become the leading digital asset management infrastructure for token creation, allocation, and incentive adjustments. Since its launch on the Solana mainnet in November 2021, Streamflow has achieved:
- Over $700 million in transaction volume.
- Total Value Locked (TVL) of over $1 billion.
- A user base of over 1 million.
- Approximately 6,000 supported token projects.

Other Utilities
Potential Future Airdrops: STREAM holders will appear in Streamflow's airdrop products, allowing other projects to easily distribute tokens to STREAM holders.
Staking: STREAM holders who stake tokens and actively participate in governance are eligible for rewards, thereby promoting community engagement.
Potential Future Utilities
Discounts and Rebates: Future plans may include offering discounts to protocol users, similar to exchange fee rebates for local token stakers.
Exclusive Access to Premium Features: STREAM stakers can enjoy the following benefits:
- Marketing and promotion.
- Premium support.
- Early access to new features.
- Customized pricing options.

#STREAM

Is it really valuable? I bought it 12 years ago and still haven't broken even.

Crypto stories are waiting for you! Come and look back at the +2024+ you spent with Binance and share your highlights!

#2024withBinance

Before, I would open orders based on the charts, and a pullback would cause my position to be liquidated. Now, I will observe the market first and not open orders blindly to reduce the chance of liquidation. Then I will choose the funds that I can accept the loss and then enter at the pressure or support level. After all, it is all gambling, and it is hard to say whether I will make money.
#ContractTrading League Competition

[After the release of the non-agricultural data, the probability of the Fed cutting interest rates by 25 basis points in November rose to 89.4%]

After the release of the non-agricultural data, CME's "Fed Watch" showed that the probability of the Fed cutting interest rates by 25 basis points in November was 89.4%, and the probability of cutting interest rates by 50 basis points was 10.6%. The probability of a cumulative interest rate cut of 50 basis points by December was 74.5%, and the probability of a cumulative interest rate cut of 75 basis points was 23.7%; the probability of a cumulative interest rate cut of 100 basis points was 1.8%. Before the release of the non-agricultural data, the probability of the Fed cutting interest rates by 25 basis points in November was 71.5%, and the probability of a 50 basis point cut was 28.5%. The probability of a cumulative interest rate cut of 50 basis points by December was 45.8%, and the probability of a cumulative interest rate cut of 75 basis points was 44.0%; the probability of a cumulative interest rate cut of 100 basis points was 10.2%.

October is destined to be turbulent:

1. Non-agricultural data and unemployment rate data on October 4. Low non-agricultural data is good news, low unemployment rate is good news, and vice versa.

2. US CPI data on October 10. If it can reach 2.2 as Powell said, it will definitely be good news, and interest rates may continue to be cut in the future. Vice versa.

3. Retail sales growth on October 17 is also important, reflecting the level of consumption.

4. Japan's CPI data on October 18 will be released. If it is high, Japan is likely to raise interest rates.

5. US GDP data will be released on October 30. If it is higher than 3, it means it is positive. If PCE is high, the probability of interest rate cuts will decrease.

6. The Bank of Japan announced that the interest rate is normal, and there is a high probability of raising interest rates. $BTC

North Korea infiltrated the crypto industry by forging identities, and more than a dozen blockchain companies inadvertently hired IT employees from North Korea, including well-known projects such as Cosmos Hub, Injective, Fantom, Sushi, and Yearn Finance. The investigation found that these North Korean employees successfully passed interviews and background checks with false identities and transferred their salaries to blockchain addresses associated with the North Korean government. It is estimated that North Korean IT workers raise up to $600 million for the regime each year, partly to fund its nuclear weapons program. In addition, some companies that hired North Korean employees were hacked afterwards, including Sushi, which had $3 million stolen in 2021 due to malicious code.

💡 #Tether expands USDT to the #Aptos blockchain.

💡 #Optimism disables permissionless fraud proofs; hard fork planned post-audit.

💡 #Vitalik Buterin registers a new ENS domain: "dacc.eth".

$BTC
#BTC At present, the price of Bitcoin has basically stabilized above 60,000, and the bull market is expected to continue its strong momentum during the white session. Focus on the position of 61,000 first! It is recommended to withdraw from the position!
Operation suggestion
Retrace to 59,900-60,300 to connect the position, and the target is 61,000 first, with good defense!

🔷Yesterday, 10 Bitcoin ETFs had a net outflow of 1,316 $BTC, and 9 Ethereum ETFs had a net outflow of 1,736 $ETH.
🔷The supply of Ethereum exceeded 120 million $ETH, and the supply increased by 77,091 in the past 30 days.

📈 Market trends
🔎 $BTC plummeted, and altcoins fell sharply.#BTCcontract rate becomes negative
🔎 US stocks surged. U.S. retail sales and employment firm, calming recession fears

🔥Market Hotspots🔥
💰 Public chain#ftmrebounds, big brother AC serves as CTO of new#EVMchain sonic

$BTC JPMorgan Chase said yesterday's US consumer price index data has given the Fed the green light to cut interest rates, and it has decided to start cutting interest rates at the upcoming September meeting. The only question now is whether the rate cut will be 50 basis points or a more modest 25 basis points. The decisive factor will depend on the extent of the recovery in the August employment report. An increase in jobs between 160,000 and 200,000 may eliminate most of the concerns raised by the July employment report, while job growth below 100,000 may tilt the balance of risks toward growth and lead to deeper rate cuts.
#美国CPI数据连续第4个月回落

Take you to quickly view the market changes

🔵 $BTC fell, the copycat fell across the board, and the market maintained a volatile downward trend.
🔵 The US government sold $600 million in BTC and currently holds $12 billion in BTC.
🔵 US stocks fluctuated. The CPI in July was in line with expectations, but it was still high. If the US stock market does not collapse, it will be difficult to cut interest rates significantly in September.
🔵 The public chain $ton rebounded, and the ecosystem $not followed suit. BN launched the launchpool of ton.
🔵 Old DeFi's $aave $crv and others rose. Funds poured into DeFi projects with actual income for risk aversion.

News 2024/08/14
1. Yesterday, 10 Bitcoin ETFs had a net outflow of 329 BTC, and 9 Ethereum ETFs had a net outflow of 12,202 ETH.
2. The monthly rate of the US PPI in July was announced to be 0.1%, which was lower than the expected 0.20%.
3. The total market value of SATS surpassed ORDI, and SATS rose by more than 40% in 7 days.
4. Tether minted 1 billion USDT on the Ethereum network.
5. Grayscale launched a crypto fund for MakerDAO's governance token MKR.

$BTC
BTC has broken down in the short term. Yesterday's trend was a rebound to confirm the short-term downward trend, and it failed to effectively break through the recent pressure. However, under the influence of ETH, the price could not fall further. The current short-term direction is upward. Judging from ETH's performance last night, it meets the role of disrupting the market. Because the mid-term deviation has not been fully repaired, there is no room for decline. However, except for the daily level, all have been repaired. Now we mainly look at the daily line. What we have always emphasized is that BTC's repair action is very extreme, but very effective. ETH's repair is from a short cycle [1 hour cycle one by one backward repair, now it's the turn of the daily line]. You can only go short in a short time.

In the daily level trend of BTC, there is no trend strength at all. There is still long trading volume in the intraday, but the trend itself is in a state of oscillation and downward. At this time, the price has not continued to fall, so the current medium-term trend is irregular. From the perspective of space, the price has a certain room for decline, but it is difficult to create a new low.

In the 12-hour cycle, the strength of the rebound and upward trend continues to "weaken", and the price is obviously in a state of oscillation and downward movement. At this time, the intraday trading volume is still relatively small, and the deviation has been basically repaired, so the subsequent trend of the 12-hour cycle cannot be intervened. Except for a small deviation at the daily level, BTC is ready for a [fall].

In the 6-hour cycle, the downward trend continues to weaken, the price remains in place and oscillates, and there was an up and down [pin] situation last night. The subsequent trading volume is relatively small. Therefore, the price still remains in a sideways oscillation state in the 6-hour cycle.

In the short-term market of the 1-hour cycle, the price confirms the bottom, and the trend turns into a short-term upward trend, with the pressure ahead at around 60,200. There is very little intraday trading volume. Therefore, the price remains in an upward oscillation state. The moving average remains in a state of short-term divergence downward - nothing to do.