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Can $MAGIC data trading become a guide for price direction? An interesting thing happened with the $VOXEL token. At that time, about 70% of traders had opened short positions, which meant they expected the price to fall. But the reality was quite the opposite—the price surged significantly. What is the reason for this? It is very likely that large institutions or market makers saw an opportunity with the large number of short positions. They quickly bought in large quantities, pushing the price up. What was the result? The short sellers were forced to close their positions, and those 'big players' profited from this wave of liquidations. Such phenomena frequently occur in small to mid-cap cryptocurrencies, as they are more easily influenced by large trades from institutional players. So, was this just a coincidence? Please write down your thoughts #Strategy增持比特币 #加密市场反弹
Can $MAGIC data trading become a guide for price direction?
An interesting thing happened with the $VOXEL token. At that time, about 70% of traders had opened short positions, which meant they expected the price to fall. But the reality was quite the opposite—the price surged significantly.
What is the reason for this?
It is very likely that large institutions or market makers saw an opportunity with the large number of short positions. They quickly bought in large quantities, pushing the price up. What was the result? The short sellers were forced to close their positions, and those 'big players' profited from this wave of liquidations.
Such phenomena frequently occur in small to mid-cap cryptocurrencies, as they are more easily influenced by large trades from institutional players.
So, was this just a coincidence? Please write down your thoughts #Strategy增持比特币 #加密市场反弹
VOXELUSDT
20X
Short
Unrealized PNL
+306.00%
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Mind Network's Fully Homomorphic Encryption (FHE) Reshaping the Future of AIIn today's rapidly developing field of artificial intelligence (AI), AI Agents are gradually infiltrating key areas such as finance, healthcare, and education. However, the security risks behind their autonomous decision-making capabilities—data breaches, model tampering, communication hijacking, etc.—have become bottlenecks that constrain industry development. How can we ensure that AI can operate 'freely' while maintaining security and trustworthiness? Fully Homomorphic Encryption (FHE) technology provides us with a revolutionary answer. FHE: The Cornerstone of AI Security Fully Homomorphic Encryption is hailed as the 'Holy Grail of Privacy Computing'. It allows data to be processed in an encrypted state, with the computation results remaining consistent with plaintext operations once decrypted. This characteristic perfectly aligns with the requirements of AI Agents.

Mind Network's Fully Homomorphic Encryption (FHE) Reshaping the Future of AI

In today's rapidly developing field of artificial intelligence (AI), AI Agents are gradually infiltrating key areas such as finance, healthcare, and education. However, the security risks behind their autonomous decision-making capabilities—data breaches, model tampering, communication hijacking, etc.—have become bottlenecks that constrain industry development. How can we ensure that AI can operate 'freely' while maintaining security and trustworthiness? Fully Homomorphic Encryption (FHE) technology provides us with a revolutionary answer.
FHE: The Cornerstone of AI Security
Fully Homomorphic Encryption is hailed as the 'Holy Grail of Privacy Computing'. It allows data to be processed in an encrypted state, with the computation results remaining consistent with plaintext operations once decrypted. This characteristic perfectly aligns with the requirements of AI Agents.
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$MAGIC Data trading can it become a guide for price direction? An interesting thing happened with the $VOXEL coin. At that time, about 70% of traders opened short positions, meaning they expected the price to fall. But the reality was quite the opposite—the price actually soared. What is the reason for this? It is likely that large institutions or market makers saw an opportunity with the large number of short positions. They immediately made significant purchases, driving the price up. What was the result? Short-selling traders were forced to close their positions, and those 'giants' profited from this wave of position closing. Such phenomena often occur in small to medium market cap coins because they are more easily influenced by large trades from institutional players. So, is this just a coincidence? Please write down your thoughts#Strategy增持比特币 #加密市场反弹
$MAGIC Data trading can it become a guide for price direction?
An interesting thing happened with the $VOXEL coin. At that time, about 70% of traders opened short positions, meaning they expected the price to fall. But the reality was quite the opposite—the price actually soared.
What is the reason for this?
It is likely that large institutions or market makers saw an opportunity with the large number of short positions. They immediately made significant purchases, driving the price up. What was the result? Short-selling traders were forced to close their positions, and those 'giants' profited from this wave of position closing.
Such phenomena often occur in small to medium market cap coins because they are more easily influenced by large trades from institutional players.
So, is this just a coincidence? Please write down your thoughts#Strategy增持比特币 #加密市场反弹
VOXELUSDT
20X
Short
Unrealized PNL
+306.00%
See original
I first got in touch with BSC in 2021 on the high-speed train from Lhasa back to Zhejiang, where I accidentally came across the cryptocurrency world. People around me were discussing how high Bitcoin would rise this year, and being someone who loves to take risks, I decisively joined this circle. From small wins and losses at the beginning to now experiencing significant gains and losses, I transitioned from exchanges to on-chain trading, continuously learning to perform on-chain analysis. Every once in a while, a few golden dogs would appear, and with meme tokens, I have to keep learning to obtain first-hand information through different channels to profit. I have always believed that one day I will also have a breakthrough in this circle. Keep it up, ladies!
I first got in touch with BSC in 2021 on the high-speed train from Lhasa back to Zhejiang, where I accidentally came across the cryptocurrency world. People around me were discussing how high Bitcoin would rise this year, and being someone who loves to take risks, I decisively joined this circle. From small wins and losses at the beginning to now experiencing significant gains and losses, I transitioned from exchanges to on-chain trading, continuously learning to perform on-chain analysis. Every once in a while, a few golden dogs would appear, and with meme tokens, I have to keep learning to obtain first-hand information through different channels to profit. I have always believed that one day I will also have a breakthrough in this circle. Keep it up, ladies!
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Bullish
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The ecological token economic model of #TON反弹 TON is the core driving force for the operation and ecological development of its blockchain network. It is built around the native token TON Coin and aims to balance network security, user participation, and ecological growth through incentive mechanisms. Below are the key designs, functions, and operational mechanisms of its token economy: $ 1. Core Functions of TON Coin (TON) - Transaction Fuel: Pay for on-chain transactions, smart contract execution, and storage fees. - Network Governance: Token holders participate in node validation through staking and vote on protocol upgrade proposals. - Value Medium: The base currency for payments within the ecosystem, DeFi liquidity, and NFT transactions. - Staking Rewards: Users stake TON to become validators or delegate staking to receive inflation rewards. --- 2. Token Distribution and Supply - Initial Total Supply: Approximately 5.01 billion tokens, jointly managed by the TON Foundation and the community. - Distribution Structure: - Early Mining (1.45%): Released through the Grams token presale in 2019, later terminated due to regulation. - Validator Incentives (approximately 30%): Released gradually through PoS staking rewards to maintain network security. - Ecological Development Fund (approximately 20%): Used for developer funding, partner incentives, and community building. - Team and Foundation (approximately 5%): Used for technical development and long-term operations. - Remaining Portion: Gradually released through staking rewards and market circulation. - Inflation Mechanism: Annual inflation rate of approximately 0.6% (dynamically adjusted), new tokens are distributed through staking rewards to incentivize node participation.
The ecological token economic model of #TON反弹 TON is the core driving force for the operation and ecological development of its blockchain network. It is built around the native token TON Coin and aims to balance network security, user participation, and ecological growth through incentive mechanisms. Below are the key designs, functions, and operational mechanisms of its token economy:
$

1. Core Functions of TON Coin (TON)
- Transaction Fuel: Pay for on-chain transactions, smart contract execution, and storage fees.
- Network Governance: Token holders participate in node validation through staking and vote on protocol upgrade proposals.
- Value Medium: The base currency for payments within the ecosystem, DeFi liquidity, and NFT transactions.
- Staking Rewards: Users stake TON to become validators or delegate staking to receive inflation rewards.

---

2. Token Distribution and Supply
- Initial Total Supply: Approximately 5.01 billion tokens, jointly managed by the TON Foundation and the community.
- Distribution Structure:
- Early Mining (1.45%): Released through the Grams token presale in 2019, later terminated due to regulation.
- Validator Incentives (approximately 30%): Released gradually through PoS staking rewards to maintain network security.
- Ecological Development Fund (approximately 20%): Used for developer funding, partner incentives, and community building.
- Team and Foundation (approximately 5%): Used for technical development and long-term operations.
- Remaining Portion: Gradually released through staking rewards and market circulation.
- Inflation Mechanism: Annual inflation rate of approximately 0.6% (dynamically adjusted), new tokens are distributed through staking rewards to incentivize node participation.
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Key Background and Impacts of U.S. Tariff Increases1. Tariffs on China#价格趋势分析 $BTC The Trump administration imposed tariffs on Chinese goods exported to the U.S. based on the results of the '301 investigation', affecting hundreds of billions of dollars worth of goods, including electronics, machinery, and consumer products. Trade War: The China-U.S. trade war has lasted for several years, with multiple negotiations and phased agreements reached, but some tariffs remain in place. Trump Administration: The government largely continued the Trump-era tariff policy towards China while emphasizing cooperation with allies to address Chinese trade practices. 2. Tariffs on the EU - Aircraft Subsidy Dispute: The United States imposed tariffs on EU goods exported to the U.S. due to EU subsidies for Airbus, affecting planes, wine, cheese, and more.#代币流动信号

Key Background and Impacts of U.S. Tariff Increases

1. Tariffs on China#价格趋势分析 $BTC
The Trump administration imposed tariffs on Chinese goods exported to the U.S. based on the results of the '301 investigation', affecting hundreds of billions of dollars worth of goods, including electronics, machinery, and consumer products.
Trade War: The China-U.S. trade war has lasted for several years, with multiple negotiations and phased agreements reached, but some tariffs remain in place.
Trump Administration: The government largely continued the Trump-era tariff policy towards China while emphasizing cooperation with allies to address Chinese trade practices.
2. Tariffs on the EU
- Aircraft Subsidy Dispute: The United States imposed tariffs on EU goods exported to the U.S. due to EU subsidies for Airbus, affecting planes, wine, cheese, and more.#代币流动信号
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Bullish
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Specific market forecast for altcoins after March 1, 2025. The cryptocurrency market is highly volatile and influenced by various factors such as market sentiment, regulatory policies, technological developments, etc. If you want to understand the altcoin market in the coming days, it is recommended to pay attention to the following points: 1. Market News: Major news or policy changes may impact prices. 2. Technical Analysis: Analyze price trends through candlestick charts, moving averages, and other tools. 3. Community Dynamics: Follow social media and forums to understand market sentiment. 4. Expert Opinions: Refer to the opinions of industry analysts, but approach with caution. It is advisable to use professional cryptocurrency analysis platforms or consult financial advisors for the latest information. Investing carries risks, and decisions should be made cautiously. #美SEC:Meme币非证券 $BTC Please follow and like 👍 It would be great if the square really had this much money; I earned it. {spot}(BTCUSDT) $BNB {spot}(BNBUSDT)
Specific market forecast for altcoins after March 1, 2025. The cryptocurrency market is highly volatile and influenced by various factors such as market sentiment, regulatory policies, technological developments, etc.

If you want to understand the altcoin market in the coming days, it is recommended to pay attention to the following points:

1. Market News: Major news or policy changes may impact prices.
2. Technical Analysis: Analyze price trends through candlestick charts, moving averages, and other tools.
3. Community Dynamics: Follow social media and forums to understand market sentiment.
4. Expert Opinions: Refer to the opinions of industry analysts, but approach with caution.

It is advisable to use professional cryptocurrency analysis platforms or consult financial advisors for the latest information.

Investing carries risks, and decisions should be made cautiously.
#美SEC:Meme币非证券 $BTC
Please follow and like 👍
It would be great if the square really had this much money; I earned it.
$BNB
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Bitcoin Short-Term Trend Analysis: Why Now is the Best Time to Short?Recently, the macro factors such as the increase in tariffs in the United States have sparked heightened attention in the market regarding Bitcoin's trend, especially the 'spindle line' pattern that appeared yesterday, which further complicated market sentiment. Considering the current market environment and technical signals, I believe now is an excellent time to short Bitcoin. Here is a detailed analysis: 1. **High risk-reward ratio** Current market sentiment leans towards panic, with concentrated long positions, leading to increased market vulnerability. Once negative news or technical corrections occur, Bitcoin prices may drop rapidly. Shorting at this moment presents potential gains far exceeding risks, especially in a highly unstable market sentiment.

Bitcoin Short-Term Trend Analysis: Why Now is the Best Time to Short?

Recently, the macro factors such as the increase in tariffs in the United States have sparked heightened attention in the market regarding Bitcoin's trend, especially the 'spindle line' pattern that appeared yesterday, which further complicated market sentiment. Considering the current market environment and technical signals, I believe now is an excellent time to short Bitcoin. Here is a detailed analysis:
1. **High risk-reward ratio**
Current market sentiment leans towards panic, with concentrated long positions, leading to increased market vulnerability. Once negative news or technical corrections occur, Bitcoin prices may drop rapidly. Shorting at this moment presents potential gains far exceeding risks, especially in a highly unstable market sentiment.
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Bullish
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The entry of Chaochang Peng into the AI field marks a new development momentum and resource integration for the Vana coin in this sector. His involvement may bring several positive impacts: 1. **Capital Injection**: Chaochang Peng's participation may attract more capital investment, accelerating the research and development and practical application of AI technology. 2. **Cross-Industry Integration**: His background and experience may promote the deep integration of AI with other industries, driving the emergence of innovative solutions. 3. **Talent Aggregation**: His influence helps attract top talent, forming a strong R&D team and enhancing the technical level in the AI field. 4. **Policy Support**: His participation may draw more government attention and support for the AI sector, conducive to creating a favorable industrial development environment. 5. **Market Expansion**: His resources and network can help AI technology enter the market more quickly, broadening its application scope. However, Chaochang Peng's entry also faces challenges, such as technological barriers, market competition, and ethical issues. He needs to formulate a clear strategy to ensure that investments in the AI field can generate actual value and promote the sustainable development of the industry.
The entry of Chaochang Peng into the AI field marks a new development momentum and resource integration for the Vana coin in this sector. His involvement may bring several positive impacts:

1. **Capital Injection**: Chaochang Peng's participation may attract more capital investment, accelerating the research and development and practical application of AI technology.
2. **Cross-Industry Integration**: His background and experience may promote the deep integration of AI with other industries, driving the emergence of innovative solutions.
3. **Talent Aggregation**: His influence helps attract top talent, forming a strong R&D team and enhancing the technical level in the AI field.
4. **Policy Support**: His participation may draw more government attention and support for the AI sector, conducive to creating a favorable industrial development environment.
5. **Market Expansion**: His resources and network can help AI technology enter the market more quickly, broadening its application scope.

However, Chaochang Peng's entry also faces challenges, such as technological barriers, market competition, and ethical issues. He needs to formulate a clear strategy to ensure that investments in the AI field can generate actual value and promote the sustainable development of the industry.
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Bullish
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After playing with the pancake circle, I don’t eat the pancake anymore. I stare at it every day and forget to dress myself up.$BTC #BNBChainMeme热潮
After playing with the pancake circle, I don’t eat the pancake anymore. I stare at it every day and forget to dress myself up.$BTC #BNBChainMeme热潮
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Bullish
See original
#CryptoLovePoems Encrypted love letter: Express love with code Dear you: This letter may look a little strange, full of numbers, symbols and letters, but please believe that every character carries my deep love for you. **5oiR54ix5L2g**, this is "I love you" encoded in Base64. Just like this code needs to be decoded to be understood, my love for you is also hidden in the little things in daily life, waiting for you to discover it with your heart. **.. / .-.. --- ...- . / -.-- --- ..-**, this is Morse code, conveying the same message. Just like radio waves travel through time and space, my thoughts have also crossed thousands of mountains and rivers, just to reach you. **01001001 00100000 01001100 01001111 01010110 01000101 00100000 01011001 01001111 01010101**, this is binary code, under the cold appearance, is my fiery emotion. Just like computers can only recognize 0 and 1, my world also has only two states: love you, and love you more. Maybe you think I am too implicit, why not just say those three words? Because I want to tell you that love is not just a simple language, but also an action, a dedication, and the patience and persistence to unlock all the passwords for you. I am willing to shift the whole world for you like the Caesar cipher; I am willing to do my best to protect your safety like RSA encryption; I am willing to love you like the hash algorithm, never repeating and never changing. This encrypted love letter can only be unlocked by you. Because, **you are my only key**. Love you forever Bitcoin BTC$BTC #CryptoLovePoems {spot}(BTCUSDT)
#CryptoLovePoems
Encrypted love letter: Express love with code

Dear you:

This letter may look a little strange, full of numbers, symbols and letters, but please believe that every character carries my deep love for you.

**5oiR54ix5L2g**, this is "I love you" encoded in Base64. Just like this code needs to be decoded to be understood, my love for you is also hidden in the little things in daily life, waiting for you to discover it with your heart.

**.. / .-.. --- ...- . / -.-- --- ..-**, this is Morse code, conveying the same message. Just like radio waves travel through time and space, my thoughts have also crossed thousands of mountains and rivers, just to reach you.

**01001001 00100000 01001100 01001111 01010110 01000101 00100000 01011001 01001111 01010101**, this is binary code, under the cold appearance, is my fiery emotion. Just like computers can only recognize 0 and 1, my world also has only two states: love you, and love you more.

Maybe you think I am too implicit, why not just say those three words? Because I want to tell you that love is not just a simple language, but also an action, a dedication, and the patience and persistence to unlock all the passwords for you.

I am willing to shift the whole world for you like the Caesar cipher; I am willing to do my best to protect your safety like RSA encryption; I am willing to love you like the hash algorithm, never repeating and never changing.

This encrypted love letter can only be unlocked by you. Because, **you are my only key**.

Love you forever Bitcoin BTC$BTC #CryptoLovePoems
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Bullish
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#BNBChainMeme热潮 bnb is worth long-term support, the platform token is also a public chain token, and it continues to be destroyed continuously. In the future, its value will only continue to rise, and billions of people around the world will gradually participate in this crypto game. As the largest exchange in the world, the value of the platform token is unimaginable. Keep pushing, pushing, pushing, pushing, pushing, pushing, pushing, pushing, pushing, pushing, pushing, ranking, ranking, ranking, ranking.
#BNBChainMeme热潮 bnb is worth long-term support, the platform token is also a public chain token, and it continues to be destroyed continuously. In the future, its value will only continue to rise, and billions of people around the world will gradually participate in this crypto game. As the largest exchange in the world, the value of the platform token is unimaginable. Keep pushing, pushing, pushing, pushing, pushing, pushing, pushing, pushing, pushing, pushing, pushing, ranking, ranking, ranking, ranking.
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Bearish
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My pitfalls in 2024 2024 is destined to be a "special and wonderful" time in my life. Looking back on those pitfalls, it is really funny and like an absurd comedy. At the beginning of the year, I started the cryptocurrency trading plan with great enthusiasm. Looking at the profit charts of those cryptocurrency bloggers on the Internet, I was eager to make enviable profits within a few months. So, I couldn't wait to start my contract journey and purchased a complete set of professional computer equipment. But reality soon gave me a loud slap in the face. I was full of confidence, but I was out of breath after less than ten minutes on BTC. Those seemingly simple ups and downs were extremely clumsy in my hands. What's more pitfall is that because the contract is not standardized, I had a headache the next day, and even getting up became a difficult task. The contract plan was quickly declared a failure in my "three days of fishing and two days of drying the net" state, and it was also a failed year in 2024. These disappointing moments in 2024 are like a series of farces that have made me constantly embarrassed on the stage of life. But when I think about it carefully, these experiences are not meaningless. They made me understand that impulsive actions often bring unexpected consequences, and we must be fully prepared and planned for everything we do. I have also learned lessons from these setbacks, and I hope that in the days to come, there will be fewer disappointments and more smoothness and beauty. #币圈翻车日记:我的2024坑爹时刻 $BTC $VANA
My pitfalls in 2024

2024 is destined to be a "special and wonderful" time in my life. Looking back on those pitfalls, it is really funny and like an absurd comedy.

At the beginning of the year, I started the cryptocurrency trading plan with great enthusiasm. Looking at the profit charts of those cryptocurrency bloggers on the Internet, I was eager to make enviable profits within a few months. So, I couldn't wait to start my contract journey and purchased a complete set of professional computer equipment. But reality soon gave me a loud slap in the face. I was full of confidence, but I was out of breath after less than ten minutes on BTC. Those seemingly simple ups and downs were extremely clumsy in my hands. What's more pitfall is that because the contract is not standardized, I had a headache the next day, and even getting up became a difficult task. The contract plan was quickly declared a failure in my "three days of fishing and two days of drying the net" state, and it was also a failed year in 2024.

These disappointing moments in 2024 are like a series of farces that have made me constantly embarrassed on the stage of life. But when I think about it carefully, these experiences are not meaningless. They made me understand that impulsive actions often bring unexpected consequences, and we must be fully prepared and planned for everything we do. I have also learned lessons from these setbacks, and I hope that in the days to come, there will be fewer disappointments and more smoothness and beauty. #币圈翻车日记:我的2024坑爹时刻 $BTC $VANA
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Bullish
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$VANA has shifted from bull to bear 🐻, a new wave of copycat trends will sweep this round of vana.
$VANA has shifted from bull to bear 🐻, a new wave of copycat trends will sweep this round of vana.
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#分享我的交易 $VANA Buy the dip, continuous purchasing is the only way to achieve long-term returns
#分享我的交易 $VANA Buy the dip, continuous purchasing is the only way to achieve long-term returns
VANA/USDT
Buy
Price
11.525
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And how does the market view it now? 🤔 Remember the model: decline -- natural rebound -- second test! If you want to invest in altcoins, look favorably on any altcoin, starting from the low point on December 20th, and pull it up to this round's high point. Find your own 0.618---0.886 and gradually invest in spot! Be diligent during the New Year... After the New Year, wait to count the money! #vana What I'm talking about here is not limited to vana, but any altcoin you believe in!
And how does the market view it now? 🤔
Remember the model: decline -- natural rebound -- second test!
If you want to invest in altcoins, look favorably on any altcoin, starting from the low point on December 20th, and pull it up to this round's high point. Find your own 0.618---0.886 and gradually invest in spot!
Be diligent during the New Year... After the New Year, wait to count the money! #vana
What I'm talking about here is not limited to vana, but any altcoin you believe in!
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The Russian-Ukrainian war is closely linked to the cryptocurrency worldThere is no harm without war. The outbreak of war affects every surge and plunge in the cryptocurrency world📉 Russia Openly Supports Bitcoin Trading, Seeking a Silver Lining in Resistance to the US Regime

The Russian-Ukrainian war is closely linked to the cryptocurrency world

There is no harm without war. The outbreak of war affects every surge and plunge in the cryptocurrency world📉

Russia Openly Supports Bitcoin Trading, Seeking a Silver Lining in Resistance to the US Regime
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Goldman Sachs: Expects three consecutive 25 basis point rate cuts starting in SeptemberAccording to Wall Street Journal, Goldman Sachs detailed the agenda of the Jackson Hole Global Central Bank Annual Conference in its report this week. The most anticipated speech is Powell's speech. Federal Reserve Chairman Powell will deliver a keynote speech at 10:00 a.m. Eastern Time on August 23 (22:00 Friday Beijing Time). The speech will be broadcast live but there will be no question-and-answer session afterwards. Goldman Sachs pointed out that the market may receive signals of "confidence in rate cuts" and "data dependence", and it is expected that Powell's information and off-site interviews will be similar to what has been heard in the past few weeks, that is, the Fed is now close to cutting interest rates, but the degree of easing will depend on the upcoming data. Goldman Sachs economists expect the Fed to cut interest rates by 25 basis points three times starting in September, and believe that the market has overpriced a 50 basis point rate cut at the next meeting after the weaker-than-expected July employment data. $BTC

Goldman Sachs: Expects three consecutive 25 basis point rate cuts starting in September

According to Wall Street Journal, Goldman Sachs detailed the agenda of the Jackson Hole Global Central Bank Annual Conference in its report this week. The most anticipated speech is Powell's speech. Federal Reserve Chairman Powell will deliver a keynote speech at 10:00 a.m. Eastern Time on August 23 (22:00 Friday Beijing Time). The speech will be broadcast live but there will be no question-and-answer session afterwards.
Goldman Sachs pointed out that the market may receive signals of "confidence in rate cuts" and "data dependence", and it is expected that Powell's information and off-site interviews will be similar to what has been heard in the past few weeks, that is, the Fed is now close to cutting interest rates, but the degree of easing will depend on the upcoming data. Goldman Sachs economists expect the Fed to cut interest rates by 25 basis points three times starting in September, and believe that the market has overpriced a 50 basis point rate cut at the next meeting after the weaker-than-expected July employment data. $BTC
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IMF executive proposes 85% increase in electricity prices for cryptocurrency miningThe International Monetary Fund (IMF) said that a tax of $0.047 per kilowatt-hour "would push the crypto mining industry to curb its emissions in line with global targets," and that the tax would rise to $0.089 per kilowatt-hour if the impact of miners on local health was taken into account. The higher tax would increase the average electricity price for crypto miners by 85%, increase global government revenue by $5.2 billion per year, and reduce emissions by 100 million tons per year, equivalent to the emissions of Belgium. They claim that one Bitcoin transaction consumes about as much electricity as the average Pakistani uses in three years, while the AI ​​model ChatGPT requires ten times as much electricity as a Google search. The two also proposed a $0.032/kWh tax on energy use by AI data centers, which would rise to $0.052 if pollution costs were taken into account because "these data centers tend to be located in places with greener electricity." IMF officials said the tax could generate $18 billion in revenue for the government each year.

IMF executive proposes 85% increase in electricity prices for cryptocurrency mining

The International Monetary Fund (IMF) said that a tax of $0.047 per kilowatt-hour "would push the crypto mining industry to curb its emissions in line with global targets," and that the tax would rise to $0.089 per kilowatt-hour if the impact of miners on local health was taken into account. The higher tax would increase the average electricity price for crypto miners by 85%, increase global government revenue by $5.2 billion per year, and reduce emissions by 100 million tons per year, equivalent to the emissions of Belgium.
They claim that one Bitcoin transaction consumes about as much electricity as the average Pakistani uses in three years, while the AI ​​model ChatGPT requires ten times as much electricity as a Google search. The two also proposed a $0.032/kWh tax on energy use by AI data centers, which would rise to $0.052 if pollution costs were taken into account because "these data centers tend to be located in places with greener electricity." IMF officials said the tax could generate $18 billion in revenue for the government each year.
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South Korea's National Pension Fund indirectly increases its exposure to Bitcoin by purchasing MicroStrategy sharesSouth Korea's National Pension Service (NPS) bought 245,000 shares of Bitcoin developer MicroStrategy in the second quarter of this year, the purchase was disclosed in a 13F filing with the U.S. Securities and Exchange Commission (SEC). Although the fund sold 23,956 shares of Coinbase in the second quarter of this year, this investment is another indirect investment in Bitcoin after purchasing 282,673 shares of Coinbase in the third quarter of last year. It is worth noting that as of July 31, MicroStrategy held 226,500 bitcoins, becoming the largest corporate holder of bitcoin other than spot bitcoin ETF issuers.

South Korea's National Pension Fund indirectly increases its exposure to Bitcoin by purchasing MicroStrategy shares

South Korea's National Pension Service (NPS) bought 245,000 shares of Bitcoin developer MicroStrategy in the second quarter of this year, the purchase was disclosed in a 13F filing with the U.S. Securities and Exchange Commission (SEC). Although the fund sold 23,956 shares of Coinbase in the second quarter of this year, this investment is another indirect investment in Bitcoin after purchasing 282,673 shares of Coinbase in the third quarter of last year.
It is worth noting that as of July 31, MicroStrategy held 226,500 bitcoins, becoming the largest corporate holder of bitcoin other than spot bitcoin ETF issuers.
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