Colaking

Trump's election as President of the United States stirred waves in the financial and crypto markets. This marked the beginning of the fourth wave of the cryptocurrency bull market! 1. The first wave of the bull market: 2013
Time: Early 2013 to the end of 2013
Main driving factors: Increased early attention on Bitcoin, with some early users and investors entering the market.
Performance: Bitcoin's price soared from several dozen dollars at the beginning of the year to around $1,000 by the end.
Summary: This wave of the bull market was mainly triggered by the innovative value of Bitcoin, as the market began to recognize the potential of cryptocurrencies. However, the market was relatively small at the time, with high volatility that could easily be influenced by news and events, such as the infamous hack of the Mt. Gox exchange.

BitMain launches FIL miner for the first time

I just finished writing about Tesla last night and suddenly found out that Bitmain has launched a Fil mining machine. Because I am a miner myself and have been studying the Proof Of Work track, my first thought about this news is that Bitmain is the banker and Fil has a short float and the float is rising. Because I did not study in depth, I entered the circle. It is April 2021, and it is already oxtail, so I checked some information today and wrote this analysis article. If there is something wrong, please point it out in the comment area. $FIL

From the current price analysis, it is already an iron bottom. It has been maintained from last year to this year, and the basic float will rise to a maximum of 11u in August 2022. Judging from the current situation, Bitmain launched the machine after market research, otherwise it would not have been announced suddenly at this time. After all, the demand from the very beginning - conceptual design - PCB design, manufacturing and marketing are all consumption. With a lot of manpower, material and financial resources, the machine has been put on sale on the 21st. From the official website information, we can see that Bitmain has joined forces with ANTPOOL. I don’t know if this is a mandatory act. The price is not low. If you entrust the pledge, it will charge 0.5%. The service fees are very tempting from these points of view, but one thing that needs to be made clear is, whoever makes the profit you make is the dealer. So I recommend that you stock up on some, but it is not recommended to buy mining machines. Bitmain will calculate according to the current calculation. There are two prerequisites for doing calculations: 500 days to recover the capital.

Tesla supports Bitcoin payments

Tesla announced as early as February 2021 that it would accept Bitcoin as a payment method, a move that attracted widespread market attention. This means consumers can use Bitcoin to purchase Tesla vehicles. Tesla also stated that they will keep the Bitcoins they receive and not convert them into traditional currency. This shows Tesla’s trust in Bitcoin and its optimism about its long-term potential.

Tesla’s decision to accept Bitcoin as payment provides some recognition and promotion of Bitcoin. This is likely to increase Bitcoin’s user base and further drive its adoption in the business and consumer sectors. Tesla's action may encourage other companies to follow suit and accept Bitcoin payments in their operations, further boosting Bitcoin's popularity.

Brief description of BNB

BNB (Binance Coin) is a token issued by Binance exchange (Binance), and its burning mechanism has had a profound impact on the BNB price and the Binance ecosystem. Over the past few years, Binance has conducted BNB burns in a variety of ways. The destruction of BNB and its impact on price and ecosystem will be explored in detail below.

BNB is the utility token that keeps Binance Coin and the Binance Smart Chain (BSC) ecosystem functioning. The initial total supply of BNB is 200 million, which will be gradually reduced through token destruction. The burning activity will continue until 50% of the total supply is burned, which is reduced to less than 100 million BNB.

Trader opinion

LTC (Litecoin) is a widely recognized cryptocurrency whose value fluctuations have always attracted much attention. LTC’s halving event is a high-profile milestone, which has triggered widespread discussion about the opportunities and risks this event brings. $LTC

Opportunity Perspective LTC halving is an incentive mechanism designed to control the growth rate of the number of virtual currencies, thereby maintaining its value stability. Through the halving, the supply of LTC will be reduced by half, which may lead to a renewed perception of value scarcity and prompt more investors to invest in it. The past Bitcoin (BTC) halving event can be used as a reference, which helped Bitcoin add more recognition in the market and achieve long-term growth. Therefore, the LTC halving also provides a good opportunity for investors, who can take this opportunity to participate in the market and hopefully gain returns in the long term.

What is Arkham?

Arkham is a platform that uses AI technology to provide on-chain data and intelligence analysis and earn rewards.

Arkham uses its own proprietary artificial intelligence engine, ULTRA, to algorithmically match addresses to real-world entities. Ultra has been in development for over 3 years, with support from the founders of Palantir and OpenAI.

The project has raised more than $10 million in two rounds of equity financing, the latest of which was $150 million. Investors include Tim Draper, Bedrock Capital, Wintermute Trading, GSR Markets and the co-founders of Palantir and OpenAI.