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#币安LaunchpoolNIL Participate in a prize prediction event (remember to follow): About NIL going live tomorrow at 9 PM, predict the price exactly at 10 PM tomorrow, the one closest will receive a Binance T-shirt!
The accompanying image is a chart regarding NIL's launch price for different mining yields, for your reference; mining is continuous, next time use what for mining and how to mine without losses, make your own strategy! $BNB
The accompanying image is a chart regarding NIL's launch price for different mining yields, for your reference; mining is continuous, next time use what for mining and how to mine without losses, make your own strategy! $BNB
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The cryptocurrency market has ushered in major positive news, and the US Securities and Exchange Commission (SEC) is expected to approve Ethereum spot ETFs. According to Bloomberg ETF analyst James Seyffart, five potential Ethereum spot ETF issuers have submitted revised documents to the SEC, including well-known institutions such as Fidelity, VanEck, Invesco/Galaxy, Ark/21 Shares and Franklin.
As the expectation of approval increases, the negative premium rate of Grayscale Ethereum Trust (ETHE) has narrowed significantly to 11.82%. The market generally believes that SEC officials require exchanges to quickly update and modify listing application documents, which usually indicates that approval is imminent.
However, the classification of Ethereum's attributes remains a key issue. At present, it is not yet determined whether Ethereum is regarded as a commodity or a security. Most of the ETFs in the application have proactively removed clauses related to securities characteristics to adapt to regulatory requirements.
The change in regulatory attitude is also seen as a signal that the Biden administration is softening its crypto policy. Dragonfly partner Haseeb Qureshi believes that the change in regulators' attitude may continue, but it will not be completely reversed.
In terms of market prediction, Standard Chartered Bank is the most optimistic, predicting that if the Ethereum spot ETF is approved, ETH will rise to $8,000 by the end of the year. QCP Capital is relatively cautious, predicting that the price of ETH will fluctuate by $1,000 depending on the approval results.
In addition, well-known investors Su Zhu and Daniel Yan, founder of Kryptanium Capital, also gave their own predictions and trading strategies. Su Zhu believes that ETH will rise to $5,400, while Daniel Yan recommends buying SOL/ETH after approval.
Overall, the market is optimistic about the approval of the Ethereum spot ETF, which is expected to bring strong upward momentum to ETH. But at the same time, regulatory uncertainty and market volatility cannot be ignored.
#BTC #ETH #以太坊ETF批准预期
As the expectation of approval increases, the negative premium rate of Grayscale Ethereum Trust (ETHE) has narrowed significantly to 11.82%. The market generally believes that SEC officials require exchanges to quickly update and modify listing application documents, which usually indicates that approval is imminent.
However, the classification of Ethereum's attributes remains a key issue. At present, it is not yet determined whether Ethereum is regarded as a commodity or a security. Most of the ETFs in the application have proactively removed clauses related to securities characteristics to adapt to regulatory requirements.
The change in regulatory attitude is also seen as a signal that the Biden administration is softening its crypto policy. Dragonfly partner Haseeb Qureshi believes that the change in regulators' attitude may continue, but it will not be completely reversed.
In terms of market prediction, Standard Chartered Bank is the most optimistic, predicting that if the Ethereum spot ETF is approved, ETH will rise to $8,000 by the end of the year. QCP Capital is relatively cautious, predicting that the price of ETH will fluctuate by $1,000 depending on the approval results.
In addition, well-known investors Su Zhu and Daniel Yan, founder of Kryptanium Capital, also gave their own predictions and trading strategies. Su Zhu believes that ETH will rise to $5,400, while Daniel Yan recommends buying SOL/ETH after approval.
Overall, the market is optimistic about the approval of the Ethereum spot ETF, which is expected to bring strong upward momentum to ETH. But at the same time, regulatory uncertainty and market volatility cannot be ignored.
#BTC #ETH #以太坊ETF批准预期
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Polygon executives' "pet elephant" farce: an absurd drama in the crypto world
Dear viewers, hold on to your popcorn, because today we are going to talk about a story that is more tortuous than a soap opera - Polygon executives and their "pet elephants". This is not a story about a zoo, nor a warm pet movie, but an absurd drama in the cryptocurrency world.
The protagonists of the story are Polygon's top executives and some insiders who are accused of manipulating a meme coin called $ELE, just like manipulating elephants, but this time in the digital world. They used all means, from secret token generation events to exploiting developers and KOLs, and eventually led the entire community into a huge "scam."
The protagonists of the story are Polygon's top executives and some insiders who are accused of manipulating a meme coin called $ELE, just like manipulating elephants, but this time in the digital world. They used all means, from secret token generation events to exploiting developers and KOLs, and eventually led the entire community into a huge "scam."
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Trump embraces cryptocurrency, campaign team accepts Bitcoin donations
Big news, cryptocurrency enthusiasts! Uncle Trump has decided to become the "Bitcoin President" of the United States, and this is no joke. Just recently, Trump's campaign team announced on its official website that they will begin accepting Bitcoin donations, which is a first for the presidential candidates of both parties in the United States!
Imagine that Trump's supporters can now use cryptocurrency to support their idol. Isn't this a bit surreal? Moreover, Trump's team also specifically mentioned Biden and his "anti-cryptocurrency army", suggesting that they will fight for the freedom of cryptocurrency.
It has to be said that Trump's attitude towards cryptocurrency is much friendlier than Biden. Remember the former vice president of Coinbase appointed by Trump when he was in office? That was a green light for banks and financial institutions to hold cryptocurrencies. Moreover, Trump also promised that if he was elected, the Federal Reserve would not think about any central bank digital currency.
What's more interesting is that Trump himself is also a "deep player" in cryptocurrency. Not only did he issue his own NFT, but he also held a private dinner with buyers, which is big news in the cryptocurrency world. Moreover, it is said that Trump himself holds a lot of cryptocurrencies. He is really a presidential candidate who is at the forefront of the trend.
Now, Trump's campaign team has opened a special cryptocurrency donation page. It seems that they are determined to carry out cryptocurrency to the end. This makes people wonder whether this will become a new trend in future elections?
Friends in the cryptocurrency community, it seems that we have to pay close attention to this election. After all, this may be the first time that someone uses Bitcoin to vote!
#BTC #Doge🚀🚀🚀
Big news, cryptocurrency enthusiasts! Uncle Trump has decided to become the "Bitcoin President" of the United States, and this is no joke. Just recently, Trump's campaign team announced on its official website that they will begin accepting Bitcoin donations, which is a first for the presidential candidates of both parties in the United States!
Imagine that Trump's supporters can now use cryptocurrency to support their idol. Isn't this a bit surreal? Moreover, Trump's team also specifically mentioned Biden and his "anti-cryptocurrency army", suggesting that they will fight for the freedom of cryptocurrency.
It has to be said that Trump's attitude towards cryptocurrency is much friendlier than Biden. Remember the former vice president of Coinbase appointed by Trump when he was in office? That was a green light for banks and financial institutions to hold cryptocurrencies. Moreover, Trump also promised that if he was elected, the Federal Reserve would not think about any central bank digital currency.
What's more interesting is that Trump himself is also a "deep player" in cryptocurrency. Not only did he issue his own NFT, but he also held a private dinner with buyers, which is big news in the cryptocurrency world. Moreover, it is said that Trump himself holds a lot of cryptocurrencies. He is really a presidential candidate who is at the forefront of the trend.
Now, Trump's campaign team has opened a special cryptocurrency donation page. It seems that they are determined to carry out cryptocurrency to the end. This makes people wonder whether this will become a new trend in future elections?
Friends in the cryptocurrency community, it seems that we have to pay close attention to this election. After all, this may be the first time that someone uses Bitcoin to vote!
#BTC #Doge🚀🚀🚀
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Hong Kong RWA Market Outlook: Compliance and Innovation Go Hand in Hand, Exploring New Models of Stock-Coin Linkage
With the multipolar development of the international situation, digital currency and its relevance to the physical world have become increasingly prominent, and the RWA (Real World Assets) track has become the focus of attention. As the financial center of Asia, Hong Kong's future trend of the RWA market has attracted much attention.
According to analysis, the future strategy of Hong Kong's RWA market can be summarized as "licensed compliance to the right, retail tokens to the left, and stock-coin product linkage". In terms of licensed compliance, Hong Kong relies on licensed exchanges, and the tokenization of financial products will focus on debt or equity design, facing the institutional market (2B), with a moderate issuance scale but weak liquidity. This will be a relatively conservative path, closely linked to traditional financial institutions and regulatory models.
At the same time, RWAs that are not licensed and compliant will rely on offshore RWA exchanges or alternative investment platforms, tokenize physical assets, avoid traditional securities supervision, and focus on the retail market (2C retail investors). This model will have a flexible issuance scale, pursue liquidity, and represent the attributes of retail investment.
The key challenge is how to achieve the transition from the 2B market to the 2C market. This is not only a technical issue, but also involves whether traditional financial institutions and interest groups are willing to redistribute power and interests.
In terms of product design, RWA can have more room for innovation. For example, innovative designs can be made in OTC or ATS, similar to the GameFi model. Tokenizing securities products may lack liquidity, so liquidity incentives can be performed in vitro.
In addition, RWA may also explore the stock-to-coin linkage model in the future, that is, the stocks of listed companies are linked with virtual assets, and the value of stocks of listed companies in the real world will be driven through investment allocation and Web3 layout.
The future of RWA tokenization is full of infinite possibilities, not limited to the several models currently discussed. With the maturity of the market and the advancement of innovation, RWA is expected to become the next hot track with sustainability and long cycles.
#raw
With the multipolar development of the international situation, digital currency and its relevance to the physical world have become increasingly prominent, and the RWA (Real World Assets) track has become the focus of attention. As the financial center of Asia, Hong Kong's future trend of the RWA market has attracted much attention.
According to analysis, the future strategy of Hong Kong's RWA market can be summarized as "licensed compliance to the right, retail tokens to the left, and stock-coin product linkage". In terms of licensed compliance, Hong Kong relies on licensed exchanges, and the tokenization of financial products will focus on debt or equity design, facing the institutional market (2B), with a moderate issuance scale but weak liquidity. This will be a relatively conservative path, closely linked to traditional financial institutions and regulatory models.
At the same time, RWAs that are not licensed and compliant will rely on offshore RWA exchanges or alternative investment platforms, tokenize physical assets, avoid traditional securities supervision, and focus on the retail market (2C retail investors). This model will have a flexible issuance scale, pursue liquidity, and represent the attributes of retail investment.
The key challenge is how to achieve the transition from the 2B market to the 2C market. This is not only a technical issue, but also involves whether traditional financial institutions and interest groups are willing to redistribute power and interests.
In terms of product design, RWA can have more room for innovation. For example, innovative designs can be made in OTC or ATS, similar to the GameFi model. Tokenizing securities products may lack liquidity, so liquidity incentives can be performed in vitro.
In addition, RWA may also explore the stock-to-coin linkage model in the future, that is, the stocks of listed companies are linked with virtual assets, and the value of stocks of listed companies in the real world will be driven through investment allocation and Web3 layout.
The future of RWA tokenization is full of infinite possibilities, not limited to the several models currently discussed. With the maturity of the market and the advancement of innovation, RWA is expected to become the next hot track with sustainability and long cycles.
#raw
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#ETH
The Ethereum ecosystem has ushered in a new cross-chain standard ERC-7683, which was led by Uniswap
The Ethereum ecosystem has made significant progress recently. The new cross-chain intention standard ERC-7683, jointly developed by Uniswap and AcrossProtocol, is about to be released. This new standard aims to simplify the cross-chain transaction process, solve liquidity and filler network scheduling problems, and bring users a more convenient and low-cost cross-chain experience.
The core advantages of ERC-7683 include:
1. **Standardized transaction interface**: Defines the CrossChainOrder and ResolvedCrossChainOrder structures to achieve interoperability between different blockchain systems.
2. **Shared filler network**: Through the bidding mechanism, multiple fillers compete to provide the best quotes and execution paths.
3. **Automated processing**: Users only need to specify the transaction intention, and the system automatically completes the cross-chain operation, reducing costs and improving user experience.
4. **Secure fund custody**: Adopt a standardized verification mechanism to ensure that funds are released to fillers only after the transaction is successful.
The launch of ERC-7683 is expected to inject new vitality into Ethereum DeFi projects. Project parties such as Optimism have expressed high expectations for this, hoping that this standard can liberate liquidity and bring new vitality to the on-chain ecosystem. At present, ERC-7683 is still in the review and discussion stage and is expected to be officially implemented after further improvement. Uniswap and AcrossProtocol plan to hold an exchange meeting in the near future, at which time they will share more details and practical applications of ERC-7683.
The proposal of this cross-chain intention standard not only brings users a better cross-chain experience, but also provides new impetus for the prosperity and development of the entire Ethereum ecosystem. With the continuous advancement of cross-chain technology, the future of the Ethereum ecosystem will be even more worth looking forward to.
The Ethereum ecosystem has ushered in a new cross-chain standard ERC-7683, which was led by Uniswap
The Ethereum ecosystem has made significant progress recently. The new cross-chain intention standard ERC-7683, jointly developed by Uniswap and AcrossProtocol, is about to be released. This new standard aims to simplify the cross-chain transaction process, solve liquidity and filler network scheduling problems, and bring users a more convenient and low-cost cross-chain experience.
The core advantages of ERC-7683 include:
1. **Standardized transaction interface**: Defines the CrossChainOrder and ResolvedCrossChainOrder structures to achieve interoperability between different blockchain systems.
2. **Shared filler network**: Through the bidding mechanism, multiple fillers compete to provide the best quotes and execution paths.
3. **Automated processing**: Users only need to specify the transaction intention, and the system automatically completes the cross-chain operation, reducing costs and improving user experience.
4. **Secure fund custody**: Adopt a standardized verification mechanism to ensure that funds are released to fillers only after the transaction is successful.
The launch of ERC-7683 is expected to inject new vitality into Ethereum DeFi projects. Project parties such as Optimism have expressed high expectations for this, hoping that this standard can liberate liquidity and bring new vitality to the on-chain ecosystem. At present, ERC-7683 is still in the review and discussion stage and is expected to be officially implemented after further improvement. Uniswap and AcrossProtocol plan to hold an exchange meeting in the near future, at which time they will share more details and practical applications of ERC-7683.
The proposal of this cross-chain intention standard not only brings users a better cross-chain experience, but also provides new impetus for the prosperity and development of the entire Ethereum ecosystem. With the continuous advancement of cross-chain technology, the future of the Ethereum ecosystem will be even more worth looking forward to.
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#ETH
The real difference between Ethereum's Layer 2 (L2) and execution sharding.
1. **Technical similarities**: Vitalik pointed out that from a technical perspective, both L1 sharding and the rollup-centric world require a lot of computation and data bandwidth when processing a large number of transactions. Both use ZK-SNARKs to verify computations and data availability sampling (DAS) to verify data availability.
2. **Diversity of execution environments**: Ethereum L2 provides a diversity of execution environments, allowing different "zones" to have different account working rules, virtual machine working methods, and other characteristics. This enables some methods that are difficult to achieve when Ethereum does all the work independently.
3. **Security trade-off**: L1 provides very strong security guarantees, but this also means high costs. L2 allows different security models, for example, for non-financial applications, lower security standards can be accepted, thereby reducing costs.
4. **Different use cases, different L2 types**: Depending on the security needs and scale requirements of the application, different types of L2 can be selected, such as rollups or validiums.
5. **Transaction speed**: Ethereum L1 has a block generation rate of one block every 12 seconds, while many L2s are exploring faster block times to provide higher transaction speeds.
6. **Pre-confirmation mechanism**: To provide higher speeds, L2 relies on a pre-confirmation mechanism, in which L2's validators commit to include transactions at a specific time.
7. **Organizational and cultural advantages**: L2-centric ecosystems allow builders the freedom to independently build sub-ecosystems with unique characteristics while still being part of the larger Ethereum ecosystem.
8. **Challenges facing L2**: A key challenge facing the L2-centric approach is coordination, which needs to maintain a sense of Ethereum as a whole and have network effects.
9. **Cross-L2 infrastructure**: The ecosystem needs to more fully recognize the importance of cross-L2 infrastructure, which should be valued and funded like L1 clients, development tools, and programming languages.
10. **Conclusion**: Although L2 and sharding are often described as two opposing blockchain expansion strategies, in fact their underlying expansion methods are the same. The main difference is who is responsible for building and updating these parts, and how much autonomy they have.
The real difference between Ethereum's Layer 2 (L2) and execution sharding.
1. **Technical similarities**: Vitalik pointed out that from a technical perspective, both L1 sharding and the rollup-centric world require a lot of computation and data bandwidth when processing a large number of transactions. Both use ZK-SNARKs to verify computations and data availability sampling (DAS) to verify data availability.
2. **Diversity of execution environments**: Ethereum L2 provides a diversity of execution environments, allowing different "zones" to have different account working rules, virtual machine working methods, and other characteristics. This enables some methods that are difficult to achieve when Ethereum does all the work independently.
3. **Security trade-off**: L1 provides very strong security guarantees, but this also means high costs. L2 allows different security models, for example, for non-financial applications, lower security standards can be accepted, thereby reducing costs.
4. **Different use cases, different L2 types**: Depending on the security needs and scale requirements of the application, different types of L2 can be selected, such as rollups or validiums.
5. **Transaction speed**: Ethereum L1 has a block generation rate of one block every 12 seconds, while many L2s are exploring faster block times to provide higher transaction speeds.
6. **Pre-confirmation mechanism**: To provide higher speeds, L2 relies on a pre-confirmation mechanism, in which L2's validators commit to include transactions at a specific time.
7. **Organizational and cultural advantages**: L2-centric ecosystems allow builders the freedom to independently build sub-ecosystems with unique characteristics while still being part of the larger Ethereum ecosystem.
8. **Challenges facing L2**: A key challenge facing the L2-centric approach is coordination, which needs to maintain a sense of Ethereum as a whole and have network effects.
9. **Cross-L2 infrastructure**: The ecosystem needs to more fully recognize the importance of cross-L2 infrastructure, which should be valued and funded like L1 clients, development tools, and programming languages.
10. **Conclusion**: Although L2 and sharding are often described as two opposing blockchain expansion strategies, in fact their underlying expansion methods are the same. The main difference is who is responsible for building and updating these parts, and how much autonomy they have.
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#以太坊ETF批准预期
BlockBeats news, on May 23, after the release of the US S&P Global Manufacturing and Services data in May, the US dollar index DXY continued to rise, with a short-term increase of nearly 30 points. Swap market traders postponed the Fed's first interest rate cut from November to December.
Earlier news, the US S&P Global Services PMI preliminary value in May was 54.8, expected 51.3, and the previous value was 51.3.
The US S&P Global Manufacturing PMI preliminary value in May was 50.9, expected 50, and the previous value was 50. (Jinshi)
$BTC
BlockBeats news, on May 23, after the release of the US S&P Global Manufacturing and Services data in May, the US dollar index DXY continued to rise, with a short-term increase of nearly 30 points. Swap market traders postponed the Fed's first interest rate cut from November to December.
Earlier news, the US S&P Global Services PMI preliminary value in May was 54.8, expected 51.3, and the previous value was 51.3.
The US S&P Global Manufacturing PMI preliminary value in May was 50.9, expected 50, and the previous value was 50. (Jinshi)
$BTC
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