$BTC #Looking at Bitcoin's long-term decline, and the reasons for the major crash, Bitcoin has risen 7 times from the bottom bull market distribution line of 16,000 to 110,000. Although institutions are buying a large amount of Bitcoin and Trump is wildly supporting it, in my opinion, this is not a good sign; rather, it is the worst sign. Bitcoin has a trillion-dollar market value, and the distribution of chip addresses is very uneven. Institutions are just passing the parcel. They use good news about institutional utilization to pull up super capital behind the scenes. If it is a bubble, there will always be a time for it to burst, including the most valuable gold, world-class apples, Nvidia, and the dead cross in the US stock monthly line, which breaks the low volume point. Bubbles cannot last forever, including in the United States.
#亚利桑那比特币储备 has reinforced its position in the cryptocurrency industry by increasing its holdings in Bitcoin, indicating its growth momentum and asset diversification strategy. Despite the high volatility of the cryptocurrency market, this move could help the company gain a competitive advantage in the future. In the context of investment diversification, Remixpoint focuses on enhancing cryptocurrency assets, seeking opportunities to maximize profits in unstable market conditions.
The 21st century is an era of deep development in digitalization, networking, and intelligence, with artificial intelligence (AI) being a key technology that has drawn significant attention for its advancements. The past decade is regarded as the 'golden decade' of AI, represented by deep learning. Through deep learning, neural network technology in the field of AI has experienced a revival, ushering in a 'third spring' of rapid development. Prior to this, since the concept of 'artificial intelligence' was proposed at the Dartmouth Conference in 1956, the field of AI has undergone two rises and falls. Specifically, the convergence and development of numerous technological elements, such as machine learning algorithms, big data, cloud computing, AI-specific chips, and open-source software frameworks, have driven significant progress in the AI field. Not only have AI's capabilities in perception, understanding, learning, and decision-making continued to improve, but AI has also rapidly become a new general technology and an intelligent foundation for the economy and society, being widely applied across various fields of economic and social life, bringing new products and services.
The supply of Bitcoin on exchanges has fallen to a seven-year low of 2.488 million BTC as of last Friday. The current exchange reserves stand at 2.492 million BTC, having increased by about 40,000 BTC over the weekend, but this level is still the lowest since October 2018. However, CoinShares reported that as of the week ending April 28, Bitcoin fund inflows reached $3.2 billion. The dual factors of declining foreign exchange balances and increased fund inflows suggest that a new phase of accumulation is about to begin.
All products produced by low-wage Asians, of course, also benefit from consuming oil produced in the Middle East (or from the drop in oil prices caused by production in the Middle East). Americans won because they got all the goods, while Asian workers lost because they spend all day producing products under harsh conditions but receive very little compensation. This is actually a trick that the United States has successfully played on its trading partners for decades. The U.S. somehow convinces countries with trade surpluses to invest in the U.S., keeping the dollar strong and allowing this favorable situation for the U.S. to continue. Remember, without the gold standard, trade deficits do not cause the U.S. to lose its precious gold reserves. The U.S. can have these deficits with almost no consequences. This perspective is almost completely opposite to Trump's view.
#XRPETF XRP futures ETF approved, another milestone towards mainstream for the crypto market.
Ripple's president Monica Long confirmed that an initial public offering is not a priority for the company in the near future. Netanyahu announced that Israel will aim to target and destroy Iran's nuclear reactors and enrichment facilities.
On April 27, 2016, the U.S. Securities and Exchange Commission (SEC) approved ProShares Trust to launch three XRP futures exchange-traded funds (ETFs): ProShares Ultra XRP ETF, ProShares UltraShort XRP ETF, and ProShares Short XRP ETF. These three funds provide 2x long, 2x short, and 1x short returns on XRP futures prices, offering investors a regulated tool to bet on price movements without directly holding XRP. Scheduled to be listed on NYSE Arca on April 30, these ETFs not only mark another breakthrough for XRP into mainstream finance but also sparked heated discussions in the market regarding the approval process for crypto ETFs.
After 16 days of sell pressure due to macroeconomic uncertainty and a sharp decline in on-chain activity, the price of ETH has risen above $1,700. Despite the rebound, Ethereum's performance so far this year is still 23% lower than the overall altcoin market. Some traders claim that by providing a 'truly' decentralized and permissionless financial system, ETH will enter a bull market, but is that really the case?
$BTC According to monitoring data from Arkham, about 13 hours ago, financial giant Fidelity increased its holdings by 1,331.15 BTC through its Bitcoin exchange-traded fund FBTC, with a value reaching $123.24 million. Historical data shows that Fidelity has increased its Bitcoin holdings for three consecutive days this week, with a total increase of approximately 4,706 BTC.
#比特币市值排名 As the price of this cryptocurrency reaches $92,509.25, tracking the latest Bitcoin price changes marks an important milestone in the crypto market. Bitcoin's market cap is $1.84 trillion, with a daily trading volume exceeding $38 billion. The current price dynamics reflect short-term fluctuations and long-term growth potential in the digital currency space.
#加密市场反弹 The price rebound of mainstream cryptocurrencies such as Bitcoin and Ethereum is attributed to global economic uncertainty and volatility in traditional financial markets. Investors are seeking safe-haven assets, with some funds flowing into the crypto market, driving up prices. Secondly, institutional investors in the crypto market are gradually increasing. Since 2023, several well-known institutional investors, funds, and traditional financial giants have begun to venture into crypto assets, enhancing market stability and liquidity. This trend indicates an increased recognition of cryptocurrencies in the market, thereby providing momentum for the rebound.
$ETH Yitai is a decentralized blockchain platform that allows developers to create smart contracts and decentralized applications. In 2015, Yitai introduced the concept of programmable blockchain, enabling complex transactions beyond simple currency transfers. Its native cryptocurrency, Yitai, powers these applications and pays transaction fees. Yitai has undergone significant upgrades, including the transition to Yitai 2.0, which improves scalability and reduces energy consumption through a proof-of-stake consensus mechanism.
#Strategy增持比特币 Strategy continues to buy Bitcoin by acquiring 20,356 tokens, each valued at 1.99 billion USD and 97,514 USD. Since February 24, Executive Chairman Michael Saylor has reported that after purchasing 20,356 BTC at an average price of 97,514 USD, Strategy now holds 499,096 Bitcoins, worth approximately 33.1 billion USD.
$BTC Bitcoin halving is coming: The 'halving' event of Bitcoin will reduce the block reward by half, and this event is about to occur. This means a decrease in the supply of Bitcoin, which has historically had an upward effect on prices. Investors and analysts are closely monitoring the potential impact of this halving on the market. This will again have an upward effect.
#中美贸易关系 China announces a complete halt to all state-owned capital investments in US private equity According to data from the American Enterprise Institute (AEI), before the trade war, state-owned funds invested an estimated several hundred million dollars annually in US private equity. Due to the impact of the trade war, China’s investment in the US in 2024 is "almost negligible" The proportion of state-owned capital investments in US private equity by China is about 0.2%
$BTC BTC Rebound: The recent rebound of Bitcoin to $87,000 can be attributed to several factors. Here are some key factors driving this trend: 1. **Market Sentiment**: Positive news and developments in the cryptocurrency space can significantly boost investor confidence. Favorable regulations or institutional investments can lead to increased buying activity. 2. **Technical Indicators**: Price movements may be influenced by technical analysis as traders react to support and resistance levels. Holding around $84,000 may have created a solid support base for the rebound. 3. **Macroeconomic Factors**: Broader economic conditions, such as inflation concerns or changes in monetary policy, can affect Bitcoin's appeal as a hedge against the traditional financial system. 4. **Increased Adoption**: The growing acceptance of Bitcoin by mainstream companies and financial institutions may drive demand and push prices higher.
$TRX Canary Capital has officially submitted an application to become the first spot ETF for TRON (TRX) in the United States, including staking rewards. This marks a significant milestone for the crypto industry, combining traditional finance with blockchain staking mechanisms. A New Type of ETF The proposed ETF aims to track the spot price of TRX while providing investors with an estimated annual return of 4.5% through staking. This makes it the first ETF to directly incorporate staking into its structure. How It Works The fund plans to hold actual TRON (TRX) tokens and to stake a portion of them through trusted third-party platforms. BitGo Trust Company will be responsible for custody, ensuring the secure storage of tokens and overseeing staking operations. Market Data and Transparency The ETF's pricing data will come from the CoinDesk index, aimed at maintaining transparency and reliability for investors. Market Position of TRON TRON has recently surpassed Cardano to become the ninth largest cryptocurrency by market capitalization. This increase in visibility may help drive the approval of the ETF. Broader Impact If approved, this TRX ETF could pave the way for future crypto ETFs that include staking. It also adds TRX to the growing list of cryptocurrencies seeking spot ETF status, following Bitcoin and Ethereum. A Trend Worth Watching
This president has been fuming for more than a month over tariffs and is clearly angry about the Federal Reserve's decision not to lower interest rates, continuously attacking Powell: 'If I ask, Federal Reserve Chairman Powell will resign. I am not satisfied with him (Powell). I believe Powell has not done a good job.' 'Powell is slow to respond and slow to act.' 'Powell is playing politics; interest rates should be lowered now.' 'The people at the Federal Reserve are not very smart, and Powell is terrible.' Powell is 'someone I have never really liked.' Meanwhile, Powell firmly defends the independence of the Federal Reserve, rebuts political interference, and states that the Federal Reserve will make decisions solely based on what is most beneficial for the American people.
$ETH This market cycle has been quite difficult for ETH. At the lowest point of the bear market in 2022, many predicted that ETH would easily break through $10,000 in this bull market. But now, there is skepticism about whether ETH can even reach a new high this year. Considering the current market sentiment, this skepticism is reasonable.