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GM KIP Fam, we've got a fun challenge for you! We're keeping our next partnership a secret... Think you can guess who it is?🤔 You've got 4️⃣8️⃣ hours to unveil our mystery partner and win $300! Here's how to play: 1️⃣Like & RT this post 2️⃣Guess and tag our partner in the comments 🎁Prize: 3 winners of $100 each 💡Hint: World-class GPU network Winners will be chosen via raffle. Let the game begin! #KIP #KIPProtocol

GM KIP Fam, we've got a fun challenge for you!

We're keeping our next partnership a secret... Think you can guess who it is?🤔

You've got 4️⃣8️⃣ hours to unveil our mystery partner and win $300!

Here's how to play:

1️⃣Like & RT this post

2️⃣Guess and tag our partner in the comments

🎁Prize: 3 winners of $100 each

💡Hint: World-class GPU network

Winners will be chosen via raffle.

Let the game begin!

#KIP #KIPProtocol

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Analysts underlined Ethereum: Pay attention to this data! Analysts compare Ethereum's uncertainty regarding its future price with the volatility caused by options, comparing it to Bitcoin. In contrast, Bitcoin's implied volatility has seen a more dramatic decline; This shows that derivative traders perceive that they are heading towards stability. Implied volatility (IV) is a measure used in the options market that represents the market's estimate of the likely future movement or price fluctuations of an asset or security. According to The Block's data dashboard, Ethereum's IV has not fallen to the same extent as Bitcoin's during the current post-halving market adjustment period. The Bitcoin volatility index dropped from 72 percent during the halving event to 55 percent, the lowest level in the last few months. In contrast, the same measurement for #ETH showed a drop from 76 percent to the current value of 65 percent. According to this week's Bitfinex Alpha report, options traders' uncertainty regarding Ethereum's medium-term price is reflected in the asset's volatility risk premium (VRP). The report summarized that the #ETH options market showed less in VRP than Bitcoin options. Bitfinex analysts noted uncertain market conditions towards the end of the month for the second-largest digital asset by market capitalization due to the looming deadline for the U.S. Securities and Exchange Commission (SEC) decision on two spot Ether ETFs. “One possible reason why the #ETH volatility risk premium has fallen less than Bitcoin is because the SEC's ETF decision on May 23, 2024 creates additional uncertainty for the Ethereum price,” Bitfinex analysts added. According to this week's Bitfinex Alpha report, options trader uncertainty about Ethereum's medium-term price is reflected in the asset's volatility risk premium (VRP). According to TradingView data, during the last market adjustment period after the halving, Bitcoin volatility risk premium (VRP) dropped to 8 percent, while #Ethereum's VRP dropped to 18 percent. $BTC $ETH $BNB
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Who owns the most Bitcoin in the world? MicroStrategy, which holds more than 1 percent of all Bitcoins in existence, now owns more #Bitcoins than the United States with its latest acquisition. The United States-based software company now has more cryptocurrencies than any other country, increasing its Bitcoin (BTC) assets to over $14 billion. In its latest financial results, MicroStrategy announced that it purchased 25 thousand 250 Bitcoins in the first 4 months of 2024, reaching a total of 214 thousand 400 BTC. This figure corresponds to more than 1 percent of all Bitcoins in existence. According to data collected by Bitcoin Treasuries, the USA holds 207 thousand 189 BTC worth $ 13.5 billion. According to the news in Independent Turkish, the company has become the public company with the most Bitcoins in the world with the number of Bitcoins it owns. The company's holdings of Bitcoin are more than 10 times that of Marathon Digital Holdings, the publicly traded company that holds the second most Bitcoin. “Thanks to our unique Bitcoin strategy and solid operating company background, we currently own 214,400 Bitcoins at an average unit price of $35,180,” said MicroStrategy CEO Phong Le. Bitcoin is currently trading at approximately 64 thousand dollars. This means MicroStrategy has earned more than $6 billion from its crypto investment. It seems unlikely that MicroStrategy will cash out its investment; founder Michael Saylor frequently posts images of diamond hands on X (formerly Twitter), signaling that he intends not to sell despite price fluctuations. “MicroStrategy anticipated volatility when it adopted a Bitcoin Strategy and structured its balance sheet so that it could continue to #HODL (Hold On for Dear Life) in the face of adversity,” Saylor wrote during the crypto market big drop in 2022. On Monday, with the price of Bitcoin once again nearing record highs, Saylor wrote: Bet for the winner #Bitcoin $BTC
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