Continue to receive red envelopes!🧧🧧🧧🧧🧧🧧🧧🧧 #比特币市值超越亚马逊 #BTC重返12万 $BTC $ETH $BNB #Hawk #MichaelSaylor暗示增持BTC The future of the crypto market is promising!🔥🔥🔥🌈🌈🌈
📊 🧧From on-chain data, the BTC re-staking sector is rapidly heating up, and @BounceBit 's #BounceBitPrime has already taken the lead.
It is not only a BTC re-staking platform but also tokenizes real asset returns through the Prime module, with partners including global financial giants like BlackRock and Franklin Templeton. This means that users can enjoy the flexibility of on-chain strategies while obtaining institutional-level stable returns.
$BB , as the core asset of the ecosystem, not only participates in governance but also carries the entire CeDeFi yield distribution logic.
🚀 The zero-knowledge proof track welcomes hardcore players! Succinct Labs' SP1 zkVM and decentralized Prover network are redefining industry perception with their strength.
First, let's talk about SP1's performance breakthrough: as a top-tier zkVM, it can complete Ethereum mainnet block verification in 40 seconds, nearly 30 times faster than similar solutions, significantly enhancing efficiency in complex cross-chain bridging, privacy transactions, and other scenarios. This means ZK technology is truly moving from 'theoretically feasible' to 'commercial-level speed'.
The developer experience is an added bonus: there's no need to struggle with obscure cryptography; just write code directly in Rust, automatically generate zero-knowledge proofs, and there's no need to set up complex infrastructure during deployment—it's lightweight enough to be quickly implemented—finally bringing the ZK development threshold down to the floor price. 🚀
Now, looking at the decentralized Prover network, it aggregates globally distributed computing power, solving the fragmentation issue of ZK infrastructure. Application parties don't need to build expensive proof systems themselves; they can directly outsource computation while ensuring cryptographic verifiability of the results, paving the way for large-scale commercial use. ⭐️
From technical breakthroughs to user-friendly implementations, Succinct Labs' recent moves are bringing ZK technology closer to the average person. Track players must pay attention; the potential cannot be underestimated. ✨✨✨
Hey guys, look! This coin called BB is all the rage lately!
Let me tell you, new coins are popping up all the time in the cryptocurrency world these days, and BB has been mentioned a lot in the chat groups lately. Today, let's talk about what's so special about this coin, and we promise to avoid all that incomprehensible "blockchain jargon"!
1️⃣ What's the story behind BB? Simply put, it's a new digital currency, relatively new compared to big names like Bitcoin and Ethereum. But it's got some new features, claiming to solve age-old problems like slow transfers and high fees. Lots of cryptocurrency trading groups are talking about it now, and it feels like a new gem.
2️⃣ What's so great about this coin?
First, transfers are fast! Anyone who's used Bitcoin knows how frustrating it can be. With BB, transfers are supposedly done in a snap, almost as fast as sending a WeChat red envelope.
Second, it's cheap! Right now, playing a game on Ethereum costs dozens of yuan in fees, but BB claims their fees are only a few cents, making it suitable for small retail investors like us.
Third, there's a lot more to it! I heard you'll be able to use it to borrow money, play games, and even buy things in the future. While not many stores support it yet... the guys in the group are all saying, "Get on board first!"
3️⃣ What can you do with it now? - You can save it and earn interest (20%+ annualized! But consider the risks yourself) - You can trade on some small exchanges - I heard you'll be able to vote on project development directions in the future (though small retail investors like me might not have a say, haha)
4️⃣ What's happening now? When it was first listed on Huobi last month, it was only 50 cents. A few days ago, it hit a high of 2 yuan! Although it's now back down to around 1.5 yuan... Some in the group say this is a "bottom-fishing opportunity," while others say it's going to fall further. There's a lot of bickering going on.
Important Reminders: 1. Don't be fooled by my hype; this coin is still new and the risks are high! 2. Never borrow money to play with it. I've seen many people post screenshots of their losses. 3. It's best to use your spare cash to test the waters first.
Finally, let me be honest: if you have a weak heart, it's safer to buy Bitcoin. If you want to take a chance, buy a small amount of Bitcoin like you're buying lottery tickets. Who knows, you might even get a new car next year? #BounceBit @BounceBit #BounceBitprime
#ETH突破4300 Why might Ethereum reach 100,000? (Part One: Why Ethereum may become stronger over time)
Two simple steps of reasoning:
First, as mentioned in the article, the death spiral of fiat currency drives the soaring flywheel of cryptocurrency, while the soaring of cryptocurrency accelerates the death spiral of fiat currency. They are mutually causal and self-reinforcing; once started, it is almost irreversible.
Second, Ethereum's Matthew Effect has three self-reinforcing characteristics.
1. Liquidity attracts liquidity: a blockchain with high liquidity (i.e., high TVL) has a natural appeal for new liquidity. For users and traders, high liquidity means lower trading slippage and more efficient capital utilization.
Bitlayer is a Layer 2 solution for scaling Bitcoin that uses Bitcoin (BTC) as its own gas token. Bitlayer aims to create infrastructure for Bitcoin DeFi, combining the security of Bitcoin with the high speed of smart contract execution. Currently, it uses a sidechain based on Proof of Stake but plans to transition to BitVM for enhanced security. The native token of Bitlayer is BTC.
More details:
Purpose:
Bitlayer is designed to scale the Bitcoin network and create infrastructure for decentralized finance applications (DeFi) based on Bitcoin.
Technology:
Bitlayer uses a sidechain with Proof of Stake, which is an intermediate solution, and plans to transition to BitVM for enhanced security. Bitlayer is also compatible with EVM (Ethereum Virtual Machine), allowing the execution of smart contracts developed for Ethereum.
Token:
The native token of Bitlayer is Bitcoin (BTC).
Development:
Bitlayer is actively developing, offering solutions for bridges (BitVM), Rollups, and high-performance engines. #Bitlayer @BitlayerLabs
#美SEC批准流动性质押 Good news is here👏👏👏 The market has rallied across the board, major whales are increasing their holdings in Bitcoin and altcoins🔥🔥🔥 Are you confident in your chosen track? Let me know in the comments🧧🧧🧧🧧🧧🧧🎁🎁🎁🎁#BTC #ETH #Hawk
From August 9 to 11, the price of Ethereum (ETH) repeatedly broke through the $4300 mark, reaching a new high since December 2021. On August 9, ETH easily surpassed the highest point of $4100 since 2024, and surged to $4300, peaking at $4332. On August 10, Ethereum's trading price briefly exceeded $4300, and by 1:30 PM that day, Ethereum was reported at $4224.67, up 1.1% over the past 24 hours. On August 11, Ethereum once again rose above $4300.
The primary reasons for ETH's price breaking through $4300 are as follows:
Institutional Fund Inflows: Over the past four weeks, net inflows into U.S. spot Ethereum ETFs have reached as high as $5.37 billion. On just August 8, the ETH spot ETF recorded a net inflow of $461 million in a single day. On August 10, the relevant ETF inflow reached $222 million, with a cumulative net inflow of $326 million over the past week. BlackRock increased its holdings by 65,000 ETH, valued at approximately $271.8 million, indicating traditional financial giants' optimism about Ethereum's asset value.
Strong On-Chain Data Performance: Currently, over 15% of the circulating supply of ETH has been staked, setting a new historical high, indicating long-term holders' confidence in Ethereum's future value. Meanwhile, the number of daily active addresses on the Ethereum network has surpassed 350,000, with daily transaction volume reaching 1.74 million, reflecting a healthy growth rate in network usage. Additionally, both long-term holders and new investors have shown positive behavior, with Vitalik Buterin's personal holdings exceeding $1 billion, re-entering the ranks of on-chain billionaires.
From a technical standpoint, ETH/USD has formed a clear upward channel, consistently setting higher lows and higher highs since mid-April. The breakthrough on August 9 confirmed the validity of the upward channel, and currently, Ethereum's key support level has moved up to $4100, with short-term resistance in the $4350-$4400 range. A breakout will directly challenge the historical high of $4800.
At the same time, if macroeconomic policies change, such as the Federal Reserve delaying interest rate cuts or tightening cryptocurrency regulations, it may suppress upward momentum. Additionally, the cryptocurrency market is highly volatile, and sudden shifts in market sentiment could also trigger unexpected pullback risks. #ETH突破4300