What will happen after Bitcoin enters the U.S. National Reserve?
1. More countries, institutions, and civil organizations will incorporate Bitcoin into their strategic reserves; 2. U.S. banks will engage in Bitcoin custody and OTC services; 3. U.S. bank accounts will become Bitcoin and Crypto accounts, allowing Americans to access Crypto through banks; 4. DeFi lending and Staking will enter the wealth management sector of U.S. banks, enabling Americans to access DeFi through bank accounts; 5. RWA assets will enter the blockchain through U.S. banks, expanding the scope of Crypto assets.
🚨 Quick Analysis of the Consequences After Bybit's Theft: First, it is assumed that @Bybit_Official can cover the losses, at this point: 1. Current users are frantically withdrawing funds, Bybit will definitely buy ETH to compensate, which is a short-term positive 📈 2. When user withdrawals are nearing completion, Bybit will stop purchasing ETH, and then they will face the crisis of hackers selling coins, leading to negative sentiment 📉 3. Such a large amount of stolen funds is difficult to handle; directly swapping on the mainnet to U ❌, entering exchanges ❌, so there won't be a direct market crash in the short term. 4. The most likely approach is to mix the coins in various mixers and then exchange them for various decentralized assets, such as DAI, WBTC, or even bridge them to native assets on various layer 2 networks. Generally, this takes several years to wash out slowly, so it represents long-term selling pressure. If averaged over the years, this amount of 1.5 billion is not so terrifying. 5. Overall, it's more about sentiment; there isn't too much of a problem!
However, if Bybit can't withstand the run on the bank, then it will be GG for them. For the sake of the entire industry, for the safety of retail investors' wallets, and for the image of Chinese exchanges, it's time to showcase true technology @benbybit
Continued from the previous item 8. Market Timing: You try to time the market, which is like trying to predict when a cat will take a nap. Crypto markets are more than 90% junk time, and even the big guys will make mistakes if they don't stop.
9. Not holding long enough: You bought into a solid project, but sold it because it didn't skyrocket in a short period of time. Patience in crypto is more than a habit; it's also a strategy.
10. Lack of Strategy: You're just winging it. Without a clear strategy, you're like a ship without a sail in the crypto ocean, just drifting with the market's fluctuations.
Crypto markets are not just about making money; it's also a lesson in patience, research, and challenging yourself. If you're not making money, maybe it's time to calm down and reevaluate your trading system.
1. Emotional trading: You trade with your heart instead of your head. The crypto market is like a roller coaster designed by someone who drank too much coffee. If you buy high because of FOMO (fear of missing out) and sell low because of panic, you are literally throwing money into a digital volcano.
2. Lack of research: You treat crypto like a casino. “Oh, this coin has a cool name, I’m going to buy it!” Meanwhile, the real money is made by those who do their homework and understand the technology, the team, and the token economics.
3. Pump-chasing: You’re the person at a party who jumps in without a life jacket after hearing about the “next big thing.” The crypto market loves pumps and pumps. If you’re not a planner, you’re likely the one being sold off.
4. Overtrading: You think more trades mean more money. In reality, every trade is like a lottery, and the house (fees, slippage) will always win a little. In crypto, less is more, especially when the few trades you make are the ones you’ve carefully considered.
5. Ignoring fundamentals: You treat price charts as charts, ignoring the actual status of the project, community, chip structure, etc.
6. Not understanding risk: You put your life savings into cryptocurrencies, hoping to retire in a few days. The crypto market often uses rugs to mock this naivety. Diversification is not only for your portfolio; it is also for your sanity.
7. Falling for scams: The cryptocurrency field is like the Wild West, but with more phishing. If something promises a 1000% return in a week, it's probably because they plan to take your money to travel to the moon (without you), not really TO THE MOON.
#Gravity goes live on the mainnet first The future of $G and the ecosystem of $Gravity and Galxe can be approached from several angles:
Benefits and rights of $G holders
1. Rewards and dividends: Users holding $G may receive various rewards within the $Gravity ecosystem, such as participating in governance, receiving airdrops, or receiving additional $G tokens when participating in specific activities.
2. Governance rights: $G is the native token of $Gravity, and holders may have voting rights on platform decisions. This means that users can influence the future development direction of $Gravity, such as the addition of new features, the selection of partners, etc.
3. Cross-chain interaction: If $Gravity really achieves one-click cross-chain, then users holding $G will find it easier to transfer assets between different blockchains, which will greatly improve user experience and asset liquidity.
4. Discounts and services within the ecosystem: $G may be used as a means of payment in services and applications supported by $Gravity, and coin holders may enjoy discounts or priority services.
Future prospects of Gravity
- Technological innovation: If $Gravity continues to innovate in technology, especially in cross-chain technology and smart contract optimization, it is expected to become the cornerstone of the Web3.0 ecosystem and attract more developers and users.
- Ecosystem expansion: As more DApps and services are connected to $Gravity, the user base and application scenarios will be further expanded, which will have a positive impact on the value of $G.
- Community and governance: An active community and a transparent governance structure are the key to the success of $Gravity. With community-driven development, the future of $G may be more solid.
- Market competitiveness: With the surge in Layer 1 solutions, $Gravity needs to stay ahead in performance, security, user experience, etc. to stand out in the market.
Conclusion
The future of $G depends on $Gravity's performance in technological innovation, user growth, ecosystem expansion and market competition. Users holding $G may not only enjoy direct economic benefits, but also participate in an evolving Web3.0 ecosystem. As part of the $Gravity ecosystem, Galxe’s future will be closely tied to the success of $Gravity and it may be ahead of other platforms in cross-chain tasks and reward systems.
Recently, dappOS introduced the concept of intentional assets, which is not only a technological innovation, but also a revolution in the Web3 industry. The characteristics of intentional assets - they can generate interest without limiting usage scenarios, which will greatly change the user experience and asset management methods of Web3.
The impact of intentional assets: - Improved user experience: Traditional crypto assets are either used for transactions or locked in DeFi to generate interest, and users often need to choose between liquidity and income. Intentional assets break this limitation, and users can enjoy income while using assets freely, which greatly reduces the threshold for using Web3. - Industry ecological development: The emergence of this asset form may inspire more innovative applications and services. Developers can design more attractive dApps based on this, and users can participate in various Web3 activities more flexibly.
dappOS's potential as a top project: - Technology leadership: dappOS simplifies the interaction process between users and dApps through its intention execution network, making Web3 operations as intuitive as Web2. This not only attracts users, but also provides developers with a better tool chain. - Investor confidence: From Binance Labs to Polychain, dappOS has won the favor of top VCs, which is not only financial support, but also recognition of its technology and market prospects. - Ecosystem improvement: dappOS not only provides technical solutions, but also builds a complete ecosystem, covering all aspects of Web3 development from user education to developer support.
Ecological promotion of airdrop activities: - User growth: The airdrop activity with Binance Web3 wallet can not only attract more users to join the dappOS ecosystem, but also motivate users to continue to participate through the reward mechanism to form an active community. - Ecological interaction: This activity promotes the deep integration of dappOS and Binance ecosystems. Users can switch seamlessly between the two platforms, enhancing the connectivity and activity of the entire Web3 ecosystem.
In short, the future of dappOS is full of infinite possibilities. The introduction of intent assets, technological leadership, and cooperation with Binance all indicate that dappOS will take the lead in the field of intent execution networks.Let us witness this revolution together!
Why did the bull market, MEME, AI and game sectors take off first? Because these three sections are the easiest to understand, newbies can also play them.
A brief discussion on "Is a high concentration of chips a good thing?"
In this incident, some people in the community saw that the chips were concentrated and shouted that it was terrible and that Gouzhuang was going to smash the market. He was so frightened that he ran away.
Some people saw the concentration of chips and shouted loudly, thinking that Gouzhuang was trying to pull the deal, so they took off with them.
These are all simplifications of complex issues. Let’s put down the milk tea in our hands🥤 and try to talk about this issue:
1. For a good theme of strong banker, dog banker will pull it, and it is beneficial to concentrate the chips.
2. For weak bankers and weak themes, it is also a good thing to concentrate the chips. But Gouzhuang may not be able to pull it off and abandon the subject matter.
3. Concentrated positions that have not been unlocked will increase the possibility of pullbacks in the short term, but are not a good thing in the long term.
4. It is a great good thing for the positions that are re-collected by Gouzhuang after being unlocked. Because Gouzhuang can only ship after raising funds.
5. For old themes that have experienced a long period of ups and downs, a high concentration of chips is more likely to reverse the situation.
6. For new themes that have just debuted, radical up and down trading is more likely to occur if the chips are highly concentrated.
7. The low-cost concentrated chips of Gouzhuang are not a good thing for everyone, because the dealer has entered the stage of shipment or hidden shipment. This is the current Layer2.
8. For the concentration of chips in a bear market where market funds are scarce, bankers will also mess up the chips, or even sell the market in advance to reduce losses.
9. Regarding the concentration of chips in a bull market where market funds are abundant, it is the time when the bankers are actively making trouble. This is to pull the market when others are not prepared, and to smash the market when others are in a state of confusion.
10. For good themes that happen by chance, the concentrated chips after the competition between dog dealers means that the winner is the strong dealer. Both pulling and smashing are more promising.
Statistics show that the Bitcoin spot ETF recorded a net inflow of $33.1 million on the sixth trading day. The current total capital inflow situation is:
· BlackRock: Net inflow of $1.429 billion · Fidelity: Net inflow of $1.283 billion · Bitwise: Net inflow of $450 million · Grayscale: Net outflow of $2.807 billion
The market often reverses in despair. If most people have not left the market in panic, it means that the market has not reached the bottom yet, and the opportunity comes from a fall. Without a sudden rise and fall, there is no chance of doubling.
The process of the market bottoming out is often a process of repeatedly shuffling the cards, washing away those leeks who don't know how to pretend to understand and are impatient, and then there will be a hot rise.
Don’t dream of getting rich overnight, and don’t be sad if you lose money. Stay patient and wait for the next big trend.
The 2024 correction period may be the last chance to buy low-priced#BTCbefore this bull market comes! So whether you have to buy at the lowest point is not the most important, and you may not be able to buy at the lowest point. The important thing is whether you will still say, "I would have bought it before I knew it" this time.
Although it cannot be said that Eth spot ETF is 100% approved, there is indeed no reason to be rejected. The SEC, including Gary himself, has stated many times that#ETHis not a security because it is sufficiently decentralized, so for ETH spot ETFs, the answer I can give is that it is infinitely close to passing. #etf $ETH
With the recent explosion of TV series Fanhua, Mr. Bao’s stories are always fictional and perhaps dramatized.
The real "big bosses" around us don't have so many Wong Kar-Wai-style dramas. All the ways to get rich are the same:
No matter whether you were working in software, foreign trade, or restaurant before 2000; After 2000, they still had huge wealth, but they all made the same choice: to buy real estate across the country, or even around the world.
Real estate was the best beta of that era, capable of maintaining and growing the largest amount of wealth. Allowing the greatest number of people to accumulate considerable wealth
It’s not about messing around with business or making big, flashy-looking bets.
Every era, or period, has its own wealth beta. In the next few years, the answer will be very clear:
From a global perspective, BTC has become the best beta capable of carrying large funds for stable growth; while the BTC ecosystem is the best alpha.