「Binance Alpha」New Regulations🐤
Binance announces that @BinanceWallet assets grouped in LP on PancakeSwap will also be included in asset statistics.
- Many people are confused about whether this is a new scoring item; here’s a conclusion ------ it is not.
- Grouping LP does not give us extra points; it simply includes the funds in LP into the asset statistics. Previously, the balance only calculated the exchange + wallet balance, while now it is exchange + wallet balance + LP asset balance, that’s all.
It seems that no matter how much we modify, there will always be loopholes, such as recently when a big holder directly manipulated a low market-cap Alpha token and then pumped the price by 10 times, allowing them to have 1 extra point in asset statistics compared to others. If they pump it by 100 times, that’s 2 points. Some fluctuating low market-cap coins can be observed.
「Market Hotspots」Gathering
1) CPI Data Positive (🌟🌟)
Last night, the direct impact of the data was that the expectations for interest rate cuts in September increased. Powell's hawkish remarks indicate that he will not consider rate cuts before August. If there is turmoil in the U.S. by that time, and economic issues worsen, a rate cut in September is highly probable. However, this is unlikely to directly propel the market, and the positive impact is indeed limited.
2) GENIUS Stablecoin Bill (🌟🌟)
The U.S. Senate passed a procedural motion, and the “GENIUS Stablecoin Bill” has entered the final voting stage. Given the pressure from U.S. Treasuries, it is only a matter of time before this bill passes, and it could truly provide a positive impact that helps BTC establish a new trend in the short term. Currently, there is a conservative estimate of over $2 trillion demand for stablecoins, but the main concern is whether the University of Tokyo will introduce countermeasures that affect our OTC cashing out, as this involves illegal currency exchange issues.
