“First of all, anyone holding BNB should be allowed to vote for something, otherwise they are just passive participants, such as Binance Labs’ investment, etc. Both of these may be related to regulation, which requires us to think deeply, but overall, the idea is good. We can try to explore the possibilities of the product,” CZ said in an AMA.
On the other hand, there are legal issues with cryptocurrencies that need to be considered. We can certainly try to explore the possibilities of the product. However, voting on investments is somewhat complicated, and choosing which projects to support may lead to disagreements or tensions, depending on how we proceed. Therefore, we need to be very careful to avoid this from happening, but overall it is a good idea and we should explore it. "CZ is likely to increase incentives for bnb holders, and if a cool gameplay can come out, it is likely to push bnb to a higher position, which is worth looking forward to.
Important news overview:
1. A crypto exchange called ZTGlobal is suspected of running away;
2. VolatilityShares plans to launch Ethereum futures ETF:
3. US judge opposes Analisa Torres' preliminary ruling on Ripple case;
4. A U.S. judge rejected TerraformLabs’ motion to dismiss the SEC’s fraud charges;
5. The $168 million loan position held by Curve’s founder is at risk of liquidation;
6. MakerDAO co-founder: Curve vulnerability may be the last crash before the bull market;
7. IRS: Once the staker receives the reward tokens, the reward is taxable;
8. More than $68 million worth of Ethereum has been bridged to the Base network in the past 48 hours:
9.DCG: An agreement in principle is about to be reached on resolving claims in the Genesis Capital bankruptcy case:
10. Foreign media: Coatue Management raised US$331 million for its latest fund, far below the target amount.
BTC：
I haven't updated the article for a long time. In the previous article, Hua Ge also gave a reminder to pay attention to the box support of 29500. If it falls below, it will break down and fall sharply, or even end the market. At present, Bitcoin has broken through the previous shock box, and the structure is broken. Hua Ge believes that the short-term market is stronger. The four-hour shock box broke again this morning, which further confirmed the strength of the short-term force. There is still a risk of further decline in the subsequent market. Hua Ge recommends waiting and watching in the near future, and those with heavy positions should pay attention to controlling their positions.
eth:
Ethereum has fallen below the 120-day moving average. Falling below the 120-day moving average is a signal to exit the market. This wave of Ethereum's rise is likely to be over. It is recommended to pay attention to and control risks.
XRP：
This wave of xrp's rise is most likely over. If it wants to rise again, unless there is a big positive stimulus, it will mainly fluctuate downward along with the broader market.
ARB：
The upward oscillating trend of arb has been broken. It is expected that the short-term trend will not jump, but will oscillate and adjust, or even passively fall. It is recommended to wait and see in the short term.
LTC:
LTC will be halved in two days, so there should be no chance. Litecoin can be said to be the biggest joke this year. The main reason is that there are not enough hot spots this year, and all the funds are betting on the halving of Litecoin, resulting in the main force not pulling the market and frequently harvesting retail investors. Litecoin, this bastard, will be blacklisted in the future.
ETC：
The high point of etc's rebound is gradually decreasing, and it closed below the 120-day moving average again. It is estimated that the future market situation will not be very good and may fluctuate downward.
Platform Coin:
BGB is oscillating at a high level. There is no opportunity for short-term operation. Please wait patiently.
Wealth code:
Bitcoin has broken recently and the market is weak. I will not recommend small coins for the time being. Wait for this wave of Bitcoin decline to end. There will be a large number of small coins that will rebound from oversold, and then I will enter the market to make arrangements.
The above analysis is for reference only and does not constitute investment advice!