Binance Square

若梦

Open Trade
BNB Holder
BNB Holder
Frequent Trader
4.6 Years
18入圈老韭菜 | 链上资深玩家 | 推特博主
62 Following
435 Followers
10.2K+ Liked
1.0K+ Shared
All Content
Portfolio
--
Bullish
See original
Today the cost of alpha brushing orders is very low and stable A couple of days ago, it occasionally took 3-5u for an order, continue to push.
Today the cost of alpha brushing orders is very low and stable

A couple of days ago, it occasionally took 3-5u for an order, continue to push.
See original
Have you eaten, brothers?
Have you eaten, brothers?
--
Bullish
See original
Why is the loss so unstable? The coin price isn't fluctuating much. Did you swipe today?
Why is the loss so unstable? The coin price isn't fluctuating much.

Did you swipe today?
See original
A Brief Discussion on Binance Alpha Score Boosting Tips: 1. You must persist in boosting scores; the total points are calculated over the past 15 days. This is similar to signing in; even if you miss a day and want to make up for it, the cycle is very long. Many people feel exhausted and want to give up after not reaching the passing score several times, but if there are more airdrops and TGEs later, you'll be tempted to catch up, which means you have to start boosting again, and the time cost is very high. Stay patient and keep boosting, and you will definitely surpass many others. 2. Personally, I feel that the design of score boosting is relatively reasonable; it won't create a large gap due to significant differences in capital amounts. Both balance points and trading volume points increase according to the multiple of capital, while the score only increases by 1 point. If you deposit 1 Ku, you get 2 points, while someone else depositing 10 times that amount (1 Wu) only gets 3 points, just 1 point more than you. If you boost 32 U, you get 5 points, while someone who boosts 10 times that (320 U) only gets 8 points, which is 3 points more than you. If large capital misses boosting for two days, you can still potentially surpass their score by consistently boosting with a smaller amount. 3. If you view this as a way to gain benefits, the cost-effectiveness is also very high, with guaranteed returns and low costs. The trading fees incurred from buying and selling are not high, and participating in an airdrop or TGE is easy, yielding at least 30-50 U and potentially over 100 U+, which is enough to boost for 15 days. Currently, the frequency of TGEs or airdrops seems very high, and within a 15-day cycle, there could be 5-10 participation opportunities, leading to high returns. 4. The rules will definitely be adjusted gradually. Currently, it seems highly likely that BNB holdings will be included in calculating points. Also, there is the 99-point passing line, where a random UID's last digit is selected for opportunities. This is likely to be retained for the long term, providing encouragement and opportunities for friends who are short of points but are working hard to boost their scores. I just checked; yesterday's lucky number was 4, and today it is 8, but the starting point is still 99 points, meaning that at this stage, you need at least 99 points to have a chance at the lottery. 5. I feel that the current Alpha score boosting mechanism is the best proof of active users on Binance, and it cannot be faked. In addition to TGEs and airdrops, it may also be linked with many Binance benefits in the future, such as surrounding services, etc. I look forward to a more refined mechanism and more benefits in the future.
A Brief Discussion on Binance Alpha Score Boosting Tips:

1. You must persist in boosting scores; the total points are calculated over the past 15 days. This is similar to signing in; even if you miss a day and want to make up for it, the cycle is very long. Many people feel exhausted and want to give up after not reaching the passing score several times, but if there are more airdrops and TGEs later, you'll be tempted to catch up, which means you have to start boosting again, and the time cost is very high. Stay patient and keep boosting, and you will definitely surpass many others.

2. Personally, I feel that the design of score boosting is relatively reasonable; it won't create a large gap due to significant differences in capital amounts. Both balance points and trading volume points increase according to the multiple of capital, while the score only increases by 1 point. If you deposit 1 Ku, you get 2 points, while someone else depositing 10 times that amount (1 Wu) only gets 3 points, just 1 point more than you. If you boost 32 U, you get 5 points, while someone who boosts 10 times that (320 U) only gets 8 points, which is 3 points more than you. If large capital misses boosting for two days, you can still potentially surpass their score by consistently boosting with a smaller amount.

3. If you view this as a way to gain benefits, the cost-effectiveness is also very high, with guaranteed returns and low costs. The trading fees incurred from buying and selling are not high, and participating in an airdrop or TGE is easy, yielding at least 30-50 U and potentially over 100 U+, which is enough to boost for 15 days. Currently, the frequency of TGEs or airdrops seems very high, and within a 15-day cycle, there could be 5-10 participation opportunities, leading to high returns.

4. The rules will definitely be adjusted gradually. Currently, it seems highly likely that BNB holdings will be included in calculating points. Also, there is the 99-point passing line, where a random UID's last digit is selected for opportunities. This is likely to be retained for the long term, providing encouragement and opportunities for friends who are short of points but are working hard to boost their scores. I just checked; yesterday's lucky number was 4, and today it is 8, but the starting point is still 99 points, meaning that at this stage, you need at least 99 points to have a chance at the lottery.

5. I feel that the current Alpha score boosting mechanism is the best proof of active users on Binance, and it cannot be faked. In addition to TGEs and airdrops, it may also be linked with many Binance benefits in the future, such as surrounding services, etc. I look forward to a more refined mechanism and more benefits in the future.
See original
The same, also opened to take a look
The same, also opened to take a look
Yi He
--
Product Testing# So, do you see the same investment portfolio that I see?
Full of survival instinct# Holdings outside of BNB come from long-term airdrops from launchPool. 😂
See original
View my earnings and investment portfolio details. Follow me to learn investment tips.
View my earnings and investment portfolio details. Follow me to learn investment tips.
--
Bullish
See original
The bull market is coming, a new round of bull market is coming, sit tight and take off #核心CPI回落
The bull market is coming, a new round of bull market is coming, sit tight and take off

#核心CPI回落
See original
Welfare for Fur Lovers is here~ Big things are happening in the Bitcoin ecosystem 🚀 Recently discovered a great opportunity in the Bitcoin ecosystem, this project should be very familiar to everyone, called Bitlayer Labs, and now this project is holding the third phase of the Head Mining Festival. 🌟Funding Information The project has received investments from institutions such as Polychain, Framework, GSR, with a total funding amount of 25 million USD! 🌟Event Highlights This phase of the event is jointly launched by the official team along with five ecological projects: RollDex, Jasper Vault, DeSyn Protocol, Avalon Labs, and Lorenzo Protocol, themed “Treasure Chest Battle”, providing users with a total of 10 million $BTR tokens, ecological project airdrops, and Bitlayer ecosystem joint badge rewards among other multiple rewards. The third phase of the Head Mining Festival has many airdrop activities and also launched exclusive airdrops, each treasure chest contains $BTR tokens. Currently, the average number of BTR tokens opened per box is higher than the number of BTR tokens opened from task chests, with an annualized return rate very high, estimated at around 400%-900% based on different TGE levels of FDV. The airdrop benefits are quite good, join in quickly! 🔥 #Bitlayer Head Mining Festival
Welfare for Fur Lovers is here~ Big things are happening in the Bitcoin ecosystem 🚀

Recently discovered a great opportunity in the Bitcoin ecosystem, this project should be very familiar to everyone, called Bitlayer Labs, and now this project is holding the third phase of the Head Mining Festival.

🌟Funding Information
The project has received investments from institutions such as Polychain, Framework, GSR, with a total funding amount of 25 million USD!

🌟Event Highlights
This phase of the event is jointly launched by the official team along with five ecological projects: RollDex, Jasper Vault, DeSyn Protocol, Avalon Labs, and Lorenzo Protocol, themed “Treasure Chest Battle”, providing users with a total of 10 million $BTR tokens, ecological project airdrops, and Bitlayer ecosystem joint badge rewards among other multiple rewards.

The third phase of the Head Mining Festival has many airdrop activities and also launched exclusive airdrops, each treasure chest contains $BTR tokens.

Currently, the average number of BTR tokens opened per box is higher than the number of BTR tokens opened from task chests, with an annualized return rate very high, estimated at around 400%-900% based on different TGE levels of FDV.

The airdrop benefits are quite good, join in quickly! 🔥

#Bitlayer Head Mining Festival
See original
It's today! "Bit Star Wars" launches on November 6th with a bang 🚀🚀🚀 🌟Game Highlights: 1. Deep Tide Chain Game Top 25 recommendation, rich rewards! 2. Unlimited freebie events are now open, everyone can earn at least $6! 3. Upcoming empowering NFTs, earn money easily while playing games! 4. Strong support from Binance Chain, let you start a new chapter in chain game mining! 🥳What are you waiting for? Join us for an adventure 👉Join now to experience it #gamefi #BitStarWars #bitstarw
It's today! "Bit Star Wars" launches on November 6th with a bang 🚀🚀🚀

🌟Game Highlights:
1. Deep Tide Chain Game Top 25 recommendation, rich rewards!
2. Unlimited freebie events are now open, everyone can earn at least $6!
3. Upcoming empowering NFTs, earn money easily while playing games!
4. Strong support from Binance Chain, let you start a new chapter in chain game mining!

🥳What are you waiting for? Join us for an adventure

👉Join now to experience it

#gamefi #BitStarWars #bitstarw
See original
Bitstar Wars @BitstarW officially launches on November 6, let's go! 💪 A SLG game based on the Binance chain, combining the core gameplay of Bitcoin mining, bringing a unique experience of mining machine trading and NFT rewards! It was recommended as one of the Top 25 in the Deep Tide blockchain games last year. Participate to easily earn, with a minimum reward of 6 USD, and plenty of launch events waiting for you to explore! No thresholds and no need to spend money, perfect for beginners, let's get started quickly! 🚀 Join the official TG for more exclusive tasks and daily activities! 🔥 #BitstarWars #bitstarw
Bitstar Wars @BitstarW officially launches on November 6, let's go! 💪

A SLG game based on the Binance chain, combining the core gameplay of Bitcoin mining, bringing a unique experience of mining machine trading and NFT rewards! It was recommended as one of the Top 25 in the Deep Tide blockchain games last year. Participate to easily earn, with a minimum reward of 6 USD, and plenty of launch events waiting for you to explore!

No thresholds and no need to spend money, perfect for beginners, let's get started quickly! 🚀

Join the official TG for more exclusive tasks and daily activities! 🔥

#BitstarWars #bitstarw
See original
🚀Bitstar War pre-download is open, with rich chain game benefits waiting for you to seize! This is an SLG game based on the Binance chain, and pre-download has now begun. The game combines the core gameplay of Bitcoin mining, offering a unique mining machine trading and NFT reward experience, with real and considerable earnings! 🎁 New User Benefits New users receive 6U: Just register simply to obtain a 6U reward, allowing you to easily start your chain game journey! TG group benefits, get exclusive tasks and daily activity updates to ensure you don't miss any earning opportunities! 📅 Important Server Opening Information Pre-download has begun, and the official server opening time is November 6th. Hurry and join the TG group, follow the official Twitter @BitstarW for the latest event information, and be among the first to experience the brand new chain game experience brought by Bitstar War! #gamefi #BitstarWar #bitstarw
🚀Bitstar War pre-download is open, with rich chain game benefits waiting for you to seize! This is an SLG game based on the Binance chain, and pre-download has now begun. The game combines the core gameplay of Bitcoin mining, offering a unique mining machine trading and NFT reward experience, with real and considerable earnings!

🎁 New User Benefits
New users receive 6U: Just register simply to obtain a 6U reward, allowing you to easily start your chain game journey!

TG group benefits, get exclusive tasks and daily activity updates to ensure you don't miss any earning opportunities!

📅 Important Server Opening Information
Pre-download has begun, and the official server opening time is November 6th. Hurry and join the TG group, follow the official Twitter @BitstarW for the latest event information, and be among the first to experience the brand new chain game experience brought by Bitstar War!

#gamefi #BitstarWar #bitstarw
See original
BitStarWar is finally online! 🚀 A labor of love meticulously prepared by the project team for 5 years, providing users with an unprecedented excellent experience in both graphics and smoothness. It has high playability, rivaling web2 games, adding another masterpiece to the #gamefi track 💪 🔥 Last year, BitStarWar was selected as one of the top 25 chain games by Deep Tide, and it is about to officially launch with an ultra-high reward activity! Just by participating in the game, you can receive a minimum reward of $6, and various leaderboard activities are waiting for you to compete for prizes. In the future, NFT empowerment will be issued, completely different from past chain games that required top-ups to play. After multiple version refinements, the playability of this game has significantly improved, making it suitable for both casual entertainment and easy profit earning. ⏰ Officially launching on November 6, now open for pre-download.
BitStarWar is finally online! 🚀

A labor of love meticulously prepared by the project team for 5 years, providing users with an unprecedented excellent experience in both graphics and smoothness. It has high playability, rivaling web2 games, adding another masterpiece to the #gamefi track 💪

🔥 Last year, BitStarWar was selected as one of the top 25 chain games by Deep Tide, and it is about to officially launch with an ultra-high reward activity! Just by participating in the game, you can receive a minimum reward of $6, and various leaderboard activities are waiting for you to compete for prizes.

In the future, NFT empowerment will be issued, completely different from past chain games that required top-ups to play. After multiple version refinements, the playability of this game has significantly improved, making it suitable for both casual entertainment and easy profit earning.

⏰ Officially launching on November 6, now open for pre-download.
See original
Since the Federal Reserve's sharp interest rate cut in mid-September and China's economic stimulus package, Bitcoin's price has seen a strong rise, successfully breaking out of the previous downward trend. As Bitcoin breaks through the $65,000 mark, market sentiment is more optimistic, and 10x Research predicts that its price will quickly rise to $70,000 and may hit a record high in the short term. Markus Thielen, founder of 10x Research, pointed out that the Federal Reserve's stablecoin minting increased significantly after the July meeting. Although the Federal Reserve announced that it would maintain interest rates unchanged at the time, it clearly hinted that a looser monetary policy might be adopted in September. This expectation has driven activity in the stablecoin market, and in the following weeks, the minting of stablecoins has approached $10 billion, injecting a lot of liquidity into the cryptocurrency market. This figure significantly exceeds the scale of spot ETF inflows, showing the market's strong reaction to the upcoming good news. Among them, Circle's USDC stablecoin is particularly eye-catching. USDC has recently accounted for 40% of the entire stablecoin inflow, far higher than its usual market share. Markus Thielen believes that the surge in USDC minting may indicate that decentralized finance (DeFi) activity is picking up, which provides additional impetus to the entire cryptocurrency market. Markus concluded that there is a high probability that the Bitcoin and cryptocurrency markets will see a strong rise in the fourth quarter of 2024, and the current market performance may only be the early stage of this wave of market. He warned that there may be significant price surges in the future, triggering more investors' FOMO (fear of missing out), further pushing the market higher.
Since the Federal Reserve's sharp interest rate cut in mid-September and China's economic stimulus package, Bitcoin's price has seen a strong rise, successfully breaking out of the previous downward trend. As Bitcoin breaks through the $65,000 mark, market sentiment is more optimistic, and 10x Research predicts that its price will quickly rise to $70,000 and may hit a record high in the short term.

Markus Thielen, founder of 10x Research, pointed out that the Federal Reserve's stablecoin minting increased significantly after the July meeting. Although the Federal Reserve announced that it would maintain interest rates unchanged at the time, it clearly hinted that a looser monetary policy might be adopted in September. This expectation has driven activity in the stablecoin market, and in the following weeks, the minting of stablecoins has approached $10 billion, injecting a lot of liquidity into the cryptocurrency market. This figure significantly exceeds the scale of spot ETF inflows, showing the market's strong reaction to the upcoming good news.

Among them, Circle's USDC stablecoin is particularly eye-catching. USDC has recently accounted for 40% of the entire stablecoin inflow, far higher than its usual market share. Markus Thielen believes that the surge in USDC minting may indicate that decentralized finance (DeFi) activity is picking up, which provides additional impetus to the entire cryptocurrency market.

Markus concluded that there is a high probability that the Bitcoin and cryptocurrency markets will see a strong rise in the fourth quarter of 2024, and the current market performance may only be the early stage of this wave of market. He warned that there may be significant price surges in the future, triggering more investors' FOMO (fear of missing out), further pushing the market higher.
--
Bullish
See original
Pay attention to $TON The impact of the previous CEO incident should have passed, and the price of the currency has gradually stabilized. If Bitcoin stabilizes, it is estimated that it will surge upward. Let's go to 7u first. {spot}(TONUSDT)
Pay attention to $TON

The impact of the previous CEO incident should have passed, and the price of the currency has gradually stabilized. If Bitcoin stabilizes, it is estimated that it will surge upward. Let's go to 7u first.
See original
In a rate cut earlier this month, the Fed cut interest rates by 50 basis points, far exceeding market expectations. In response, Musallem called on the Fed to resume the pace of "gradual" rate cuts to avoid the risks of excessive easing. He believes that the US economy may respond "very positively" to the current looser financial environment, which will in turn increase the pressure on demand growth and further extend the time for the Fed to achieve its 2% inflation target. Musallem pointed out: "At this stage, the key is to appropriately relax the tightening of policies and gradually reduce restrictive measures on the economy." He believes that through this step-by-step approach, the Fed can better balance the relationship between supporting economic growth and curbing inflation. According to the economic forecast released by the Fed meeting this month, Musallem is one of the officials who expects to continue to cut interest rates by 25 basis points or more for the rest of the year. This policy proposition reflects that some officials are optimistic about the economic outlook and believe that moderate easing policies can provide more momentum for the economy while avoiding excessive risks to inflation targets.
In a rate cut earlier this month, the Fed cut interest rates by 50 basis points, far exceeding market expectations. In response, Musallem called on the Fed to resume the pace of "gradual" rate cuts to avoid the risks of excessive easing. He believes that the US economy may respond "very positively" to the current looser financial environment, which will in turn increase the pressure on demand growth and further extend the time for the Fed to achieve its 2% inflation target.

Musallem pointed out: "At this stage, the key is to appropriately relax the tightening of policies and gradually reduce restrictive measures on the economy." He believes that through this step-by-step approach, the Fed can better balance the relationship between supporting economic growth and curbing inflation. According to the economic forecast released by the Fed meeting this month, Musallem is one of the officials who expects to continue to cut interest rates by 25 basis points or more for the rest of the year.

This policy proposition reflects that some officials are optimistic about the economic outlook and believe that moderate easing policies can provide more momentum for the economy while avoiding excessive risks to inflation targets.
See original
Market traders widely expect the Fed to cut interest rates again at its next meeting on Nov. 7, with bets currently focused on the possibility of a 50 basis point cut, according to the CME Group's FedWatch tool. This expectation reflects the market's demand for economic stimulus and expectations for the Fed's easing policy, especially in the context of insufficient economic recovery. And this potential change in monetary policy would have a particularly significant impact on the cryptocurrency market. On Thursday, the price of Bitcoin broke through the $65,000 mark, a price surge that may have been driven by the economic stimulus policies launched in the country. As Bitcoin prices climb, investor interest in U.S. spot Bitcoin ETFs has also reignited. Although ETF inflows have been weak or even negative in previous weeks due to volatile Bitcoin prices, market sentiment has improved significantly recently. According to data from Farside Investors, BlackRock’s iShares Bitcoin Trust (IBIT) ushered in large-scale capital inflows on Wednesday, with a single-day injection of US$185 million, a significant increase from US$98.9 million the previous day. increase. This huge inflow marks a return of investor confidence in the Bitcoin market. In the previous weeks of weak Bitcoin prices, inflows into IBIT funds have been largely flat and sometimes negative, reflecting investors' wait-and-see approach amid uncertain market conditions. However, as Bitcoin prices rebounded strongly, especially after breaking through the $65,000 mark, institutional investors re-increased their allocations to Bitcoin. This not only reflects the market’s optimistic expectations for Bitcoin price increases, but also shows investors’ desire to hedge potential macroeconomic risks through crypto assets. In addition, as the Federal Reserve gradually eases monetary policy, the market's preference for riskier assets may also continue to rise. Rate-cutting policies typically push up the prices of risk assets, and high-beta assets, including cryptocurrencies, are likely to be the main beneficiaries of inflows. With the gradual implementation of economic stimulus policies, the upward trend in Bitcoin prices is expected to continue, and capital inflows into spot Bitcoin ETFs may also accelerate further.
Market traders widely expect the Fed to cut interest rates again at its next meeting on Nov. 7, with bets currently focused on the possibility of a 50 basis point cut, according to the CME Group's FedWatch tool. This expectation reflects the market's demand for economic stimulus and expectations for the Fed's easing policy, especially in the context of insufficient economic recovery. And this potential change in monetary policy would have a particularly significant impact on the cryptocurrency market.
On Thursday, the price of Bitcoin broke through the $65,000 mark, a price surge that may have been driven by the economic stimulus policies launched in the country. As Bitcoin prices climb, investor interest in U.S. spot Bitcoin ETFs has also reignited. Although ETF inflows have been weak or even negative in previous weeks due to volatile Bitcoin prices, market sentiment has improved significantly recently. According to data from Farside Investors, BlackRock’s iShares Bitcoin Trust (IBIT) ushered in large-scale capital inflows on Wednesday, with a single-day injection of US$185 million, a significant increase from US$98.9 million the previous day. increase. This huge inflow marks a return of investor confidence in the Bitcoin market.
In the previous weeks of weak Bitcoin prices, inflows into IBIT funds have been largely flat and sometimes negative, reflecting investors' wait-and-see approach amid uncertain market conditions. However, as Bitcoin prices rebounded strongly, especially after breaking through the $65,000 mark, institutional investors re-increased their allocations to Bitcoin. This not only reflects the market’s optimistic expectations for Bitcoin price increases, but also shows investors’ desire to hedge potential macroeconomic risks through crypto assets.
In addition, as the Federal Reserve gradually eases monetary policy, the market's preference for riskier assets may also continue to rise. Rate-cutting policies typically push up the prices of risk assets, and high-beta assets, including cryptocurrencies, are likely to be the main beneficiaries of inflows. With the gradual implementation of economic stimulus policies, the upward trend in Bitcoin prices is expected to continue, and capital inflows into spot Bitcoin ETFs may also accelerate further.
See original
The Federal Reserve postponed a key rate cut decision until September, sparking a surge in the cryptocurrency market. At the same time, the issuance of stablecoins in the market has increased dramatically, with nearly $10 billion of stablecoins expected to flow into the market in the coming weeks. The scale of this liquidity influx far exceeds the liquidity of Bitcoin ETFs, injecting new vitality into the crypto market. While Circle typically serves more regulated institutional investors, the recent surge in stablecoin inflows to 40% shows an increase in allocations by large market participants. This trend may also reflect the rise in DeFi (decentralized finance) activities, especially the increase in USDC minting. So far this year, stablecoin inflows have reached $35 billion, bringing the total value of stablecoins in circulation to $160 billion. After the July FOMC (Federal Open Market Committee) meeting, U.S. bond yields fell sharply, with the 10-year U.S. Treasury yield falling below the key threshold of 4.0%, which directly promoted the recovery of DeFi activities. In August in particular, Aave's monthly lending platform fees reached $43 million, surpassing the peak of $42 million in March 2024. Although DeFi activity slowed in September, activity and platform fees are expected to rebound in the coming months as the Federal Reserve may be about to cut interest rates. The market structure has also changed significantly after last week's FOMC meeting. Bitcoin's market dominance has begun to weaken, while Ethereum's gas fees have soared, reflecting a significant increase in altcoin activity. If the Fed continues to maintain its attitude of cutting interest rates, investors' interest in high-beta altcoins may rise further. Retail cryptocurrency trading activity is also on the rise in South Korea in particular, with daily trading volumes currently stabilizing at around $2 billion. Although it has dropped from $13 billion in early March 2024, altcoin trading volume has exceeded Bitcoin's market share in the past week.
The Federal Reserve postponed a key rate cut decision until September, sparking a surge in the cryptocurrency market. At the same time, the issuance of stablecoins in the market has increased dramatically, with nearly $10 billion of stablecoins expected to flow into the market in the coming weeks. The scale of this liquidity influx far exceeds the liquidity of Bitcoin ETFs, injecting new vitality into the crypto market. While Circle typically serves more regulated institutional investors, the recent surge in stablecoin inflows to 40% shows an increase in allocations by large market participants. This trend may also reflect the rise in DeFi (decentralized finance) activities, especially the increase in USDC minting.
So far this year, stablecoin inflows have reached $35 billion, bringing the total value of stablecoins in circulation to $160 billion. After the July FOMC (Federal Open Market Committee) meeting, U.S. bond yields fell sharply, with the 10-year U.S. Treasury yield falling below the key threshold of 4.0%, which directly promoted the recovery of DeFi activities. In August in particular, Aave's monthly lending platform fees reached $43 million, surpassing the peak of $42 million in March 2024. Although DeFi activity slowed in September, activity and platform fees are expected to rebound in the coming months as the Federal Reserve may be about to cut interest rates.
The market structure has also changed significantly after last week's FOMC meeting. Bitcoin's market dominance has begun to weaken, while Ethereum's gas fees have soared, reflecting a significant increase in altcoin activity. If the Fed continues to maintain its attitude of cutting interest rates, investors' interest in high-beta altcoins may rise further. Retail cryptocurrency trading activity is also on the rise in South Korea in particular, with daily trading volumes currently stabilizing at around $2 billion. Although it has dropped from $13 billion in early March 2024, altcoin trading volume has exceeded Bitcoin's market share in the past week.
See original
The TON network has demonstrated significant growth momentum since August 2021, especially its ability to handle high throughput, making it excellent in terms of scalability. Its in-depth cooperation with the Telegram instant messaging platform has accelerated this growth process, allowing the TON network to take advantage of this huge user group to further enhance its influence and user base. The technical architecture of the TON network ensures efficient processing of large volumes of transactions and meets growing market demand. However, the clear gap between the TON network’s market cap and circulating supply is worth noting. This gap may indicate that a significant portion of the network’s tokens are locked or held for the long term, which limits market liquidity to a certain extent. This phenomenon is not uncommon in the crypto market and often has an impact on a coin’s short-term price fluctuations. Despite this, there is still a certain correlation between the market capitalization of the TON network and the circulating supply, implying that although some tokens are locked or held for a long time, the supply circulating in the market still plays an important role in valuation. Participate in the price discovery process of the market. An interesting point was made by market analyst Moodley, who suggested using the "average market capitalization to price ratio" as a proxy measure of speculative behavior. He explained, “When there is a significant deviation between market cap and price, it may mean that the market’s valuation of the token is divorced from its underlying value, showing signs of excessive speculation.” Conversely, when market cap and price remain closely aligned , often indicates that the market's valuation is more rational and the price is closer to the fundamental performance of the token. Overall, the rapid development of the TON network and the interaction of its market capitalization and supply provide investors with a wealth of market information. In the future, as more tokens are unlocked and market demand grows, TON's liquidity and valuation may be further adjusted, making its market performance more stable and transparent.
The TON network has demonstrated significant growth momentum since August 2021, especially its ability to handle high throughput, making it excellent in terms of scalability. Its in-depth cooperation with the Telegram instant messaging platform has accelerated this growth process, allowing the TON network to take advantage of this huge user group to further enhance its influence and user base. The technical architecture of the TON network ensures efficient processing of large volumes of transactions and meets growing market demand.

However, the clear gap between the TON network’s market cap and circulating supply is worth noting. This gap may indicate that a significant portion of the network’s tokens are locked or held for the long term, which limits market liquidity to a certain extent. This phenomenon is not uncommon in the crypto market and often has an impact on a coin’s short-term price fluctuations. Despite this, there is still a certain correlation between the market capitalization of the TON network and the circulating supply, implying that although some tokens are locked or held for a long time, the supply circulating in the market still plays an important role in valuation. Participate in the price discovery process of the market.

An interesting point was made by market analyst Moodley, who suggested using the "average market capitalization to price ratio" as a proxy measure of speculative behavior. He explained, “When there is a significant deviation between market cap and price, it may mean that the market’s valuation of the token is divorced from its underlying value, showing signs of excessive speculation.” Conversely, when market cap and price remain closely aligned , often indicates that the market's valuation is more rational and the price is closer to the fundamental performance of the token.

Overall, the rapid development of the TON network and the interaction of its market capitalization and supply provide investors with a wealth of market information. In the future, as more tokens are unlocked and market demand grows, TON's liquidity and valuation may be further adjusted, making its market performance more stable and transparent.
See original
The Fed's recent rate cut decision has sparked widespread discussion in the market. The rate cut is considered "reactive" rather than forward-looking. Powell admitted that if the Fed had seen the employment data for the month before the July meeting, it might have made the decision to cut rates earlier. Data released two days after the July meeting showed that the US unemployment rate climbed to 4.3%, which raised market concerns that the Fed may have waited too long to act. Analysts point out that the Fed must rely on a strong forward-looking framework rather than passively relying on economic data. But unfortunately, the Fed's policy decisions have not met this standard so far. Another challenge facing Powell is that Wall Street's expectations for future rate cuts far exceed the forecasts of Fed policymakers. According to the latest market analysis, policymakers expect the Fed to cut interest rates twice more by 25 basis points each before the end of 2024, and another four times in 2025. Inside the Fed, members of the rate-setting committee disagree on the path of rate cuts for the rest of the year. Seven policymakers supported another 25 basis point cut by the end of the year, while nine members supported an additional 50 basis point cut. Meanwhile, two policymakers did not expect any more rate cuts this year. This shows that there are significant differences of opinion within the Fed, especially on the pace and intensity of responding to the current economic situation. Nevertheless, in order to prevent the job market from deteriorating further, some policymakers may support a larger rate cut this month. The current interest rate path shows that some Fed officials may prefer to cut interest rates by 50 basis points rather than 25 basis points to increase support for the economy and reduce pressure on the job market. This also reflects that the Fed has to seek greater balance and compromise in its decision-making in the face of economic slowdown and inflationary pressures. This policy uncertainty not only keeps financial markets highly nervous, but also exacerbates doubts about whether the Fed can effectively guide the US economy to avoid recession. As more economic data is released in the coming months, the challenges facing Powell and his team will undoubtedly become more complicated. They need to find the right policy intensity and timing between economic slowdown and maintaining employment.
The Fed's recent rate cut decision has sparked widespread discussion in the market. The rate cut is considered "reactive" rather than forward-looking. Powell admitted that if the Fed had seen the employment data for the month before the July meeting, it might have made the decision to cut rates earlier. Data released two days after the July meeting showed that the US unemployment rate climbed to 4.3%, which raised market concerns that the Fed may have waited too long to act.
Analysts point out that the Fed must rely on a strong forward-looking framework rather than passively relying on economic data. But unfortunately, the Fed's policy decisions have not met this standard so far. Another challenge facing Powell is that Wall Street's expectations for future rate cuts far exceed the forecasts of Fed policymakers. According to the latest market analysis, policymakers expect the Fed to cut interest rates twice more by 25 basis points each before the end of 2024, and another four times in 2025.

Inside the Fed, members of the rate-setting committee disagree on the path of rate cuts for the rest of the year. Seven policymakers supported another 25 basis point cut by the end of the year, while nine members supported an additional 50 basis point cut. Meanwhile, two policymakers did not expect any more rate cuts this year. This shows that there are significant differences of opinion within the Fed, especially on the pace and intensity of responding to the current economic situation.

Nevertheless, in order to prevent the job market from deteriorating further, some policymakers may support a larger rate cut this month. The current interest rate path shows that some Fed officials may prefer to cut interest rates by 50 basis points rather than 25 basis points to increase support for the economy and reduce pressure on the job market. This also reflects that the Fed has to seek greater balance and compromise in its decision-making in the face of economic slowdown and inflationary pressures.

This policy uncertainty not only keeps financial markets highly nervous, but also exacerbates doubts about whether the Fed can effectively guide the US economy to avoid recession. As more economic data is released in the coming months, the challenges facing Powell and his team will undoubtedly become more complicated. They need to find the right policy intensity and timing between economic slowdown and maintaining employment.
See original
Last week, the Federal Reserve announced a 50 basis point rate cut, the first rate cut in more than four years. Coupled with the previous rate cuts by many major central banks around the world, the market's expectations for a gradual decline in global interest rates have been further strengthened. This loose monetary policy environment is not only conducive to the investment atmosphere in the financial market, but also helps to optimize the business environment of industry and commerce. Especially under the linked exchange rate system, Hong Kong's interest rate trend is expected to follow the pace of the United States. However, the speed and magnitude of the adjustment of Hong Kong's local interest rates will still depend on the specific capital flows in the market and the local economic situation. Against the backdrop of the global environment gradually turning relatively favorable, the Hong Kong market needs to seize the opportunity to further enhance its global appeal. Especially as investors' risk appetite gradually recovers and they pursue higher returns, Hong Kong can inject new vitality into the local market by expanding broader and more diversified sources of funds. Since the first exchange-traded fund (ETF) tracking Saudi Arabian stocks in the Asia-Pacific region was listed in Hong Kong at the end of last year, the global attention to the Hong Kong market has continued to increase. Recently, the Saudi Capital Market Authority also announced the approval of the first ETF investing in Hong Kong stocks to be listed on the Saudi Stock Exchange. This means that funds from the Middle East, especially Saudi Arabia, can more conveniently invest in Hong Kong-listed stocks, further strengthening the linkage between the two capital markets. Hong Kong will continue to increase its efforts in the future to promote in traditional and emerging markets and seek more cooperation opportunities. As global interest rates enter a downward cycle, Hong Kong is expected to further promote the development of the local capital market by leveraging funds from different markets around the world. This will not only help consolidate Hong Kong's position as an international financial center, but also provide investors with more diversified choices and more lucrative return potential. In this process, Hong Kong will continue to be committed to promoting innovation and diversification of the capital market to ensure its competitiveness and influence in the global financial landscape.
Last week, the Federal Reserve announced a 50 basis point rate cut, the first rate cut in more than four years. Coupled with the previous rate cuts by many major central banks around the world, the market's expectations for a gradual decline in global interest rates have been further strengthened. This loose monetary policy environment is not only conducive to the investment atmosphere in the financial market, but also helps to optimize the business environment of industry and commerce. Especially under the linked exchange rate system, Hong Kong's interest rate trend is expected to follow the pace of the United States. However, the speed and magnitude of the adjustment of Hong Kong's local interest rates will still depend on the specific capital flows in the market and the local economic situation.

Against the backdrop of the global environment gradually turning relatively favorable, the Hong Kong market needs to seize the opportunity to further enhance its global appeal. Especially as investors' risk appetite gradually recovers and they pursue higher returns, Hong Kong can inject new vitality into the local market by expanding broader and more diversified sources of funds. Since the first exchange-traded fund (ETF) tracking Saudi Arabian stocks in the Asia-Pacific region was listed in Hong Kong at the end of last year, the global attention to the Hong Kong market has continued to increase. Recently, the Saudi Capital Market Authority also announced the approval of the first ETF investing in Hong Kong stocks to be listed on the Saudi Stock Exchange. This means that funds from the Middle East, especially Saudi Arabia, can more conveniently invest in Hong Kong-listed stocks, further strengthening the linkage between the two capital markets.

Hong Kong will continue to increase its efforts in the future to promote in traditional and emerging markets and seek more cooperation opportunities. As global interest rates enter a downward cycle, Hong Kong is expected to further promote the development of the local capital market by leveraging funds from different markets around the world. This will not only help consolidate Hong Kong's position as an international financial center, but also provide investors with more diversified choices and more lucrative return potential. In this process, Hong Kong will continue to be committed to promoting innovation and diversification of the capital market to ensure its competitiveness and influence in the global financial landscape.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

CRYPTO DRÒP DAILY PÈPE
View More
Sitemap
Cookie Preferences
Platform T&Cs