What is #卡尔达诺稳定币提案 , and what on earth is the Cardano stablecoin proposal? The Cardano stablecoin proposal is like opening a "price-stable supermarket" in the chaotic world of cryptocurrency! Previously, buying groceries with ADA felt like playing a heart-pounding game—today, it takes 5 coins to buy eggs, and tomorrow it might cost 20 coins. Now the supermarket has launched "Djed vouchers," where 1 voucher = 1 dollar, fair to all. To issue these vouchers? You first need to deposit 1.5 times the amount of ADA as collateral; if ADA crashes, the system automatically liquidates the collateral to cover the difference, more accurate than a vendor's scale! You can be the "deposit manager" and earn interest, or shop with Djed with peace of mind, no longer worrying about the rollercoaster of coin prices. But if ADA drops too sharply... cough cough, the manager might just become a "lone commander!"
The recent stablecoin proposal for Cardano has caused quite a stir, and as a long-term holder of ADA, I am paying close attention. Speaking of which, this stablecoin is absolutely a crucial step for the Cardano ecosystem. Just think about it, DeFi is so popular right now, but the large price fluctuations have always been a headache. With a stablecoin, it’s like having an anchor in the DeFi world, which can greatly reduce trading risks and attract more people to participate.
The recent stablecoin proposal for Cardano has caused quite a stir. As a long-term holder of ADA, I have been closely following it. Speaking of which, this stablecoin is absolutely a crucial step for the Cardano ecosystem. Just think about it, DeFi is so popular right now, but the price volatility has always been a headache. With a stablecoin, it’s like having an anchor in the DeFi world, which can greatly reduce trading risks and attract more people to participate. Moreover, the HUMA protocol mentioned in this proposal is quite interesting. It allows stablecoins to be linked to real-world assets, such as fiat currencies and commodities. Isn't that like opening up channels between on-chain and off-chain? Just imagine being able to easily purchase various real assets with ADA in the future, doesn’t that sound exciting? Of course, the issuance and regulation of stablecoins is also a challenge. But as long as the Cardano community can work together, I believe these issues can be resolved. Looking forward to a more prosperous Cardano ecosystem!
The recent stablecoin proposal for Cardano has caused quite a stir, and as a long-term holder of ADA, I have been closely following it. Speaking of which, this stablecoin is absolutely crucial for the Cardano ecosystem. Just think about it, with DeFi being so popular now, the significant price volatility has always been a headache. With a stablecoin, it's like having an anchor in the DeFi world, which can greatly reduce trading risks and attract more participants. Moreover, the HUMA protocol mentioned in this proposal is quite interesting. It can link the stablecoin to real-world assets, such as fiat currencies and commodities. Doesn’t this essentially open up the channel between on-chain and off-chain? Just imagine being able to conveniently purchase various real-world assets using ADA in the future; isn’t that exciting? Of course, the issuance and regulation of stablecoins also pose challenges. But as long as the Cardano community can work together, I believe these issues can be resolved. Looking forward to an increasingly prosperous Cardano ecosystem!
Although the current one-sidedness is too strong, it often leads to a loss of direction. Whether judging from market sentiment or analyzing from a technical perspective, the bulls still have their reasons! The market bears have all been heavily swept away, and at this point, everyone must think that the current high short position is the opportunity, which is called a charming mentality! Since recently, every pullback of Ethereum has immediately rebounded, so if you want to hold space for the bears, you might as well go to sleep early! To put it simply, the bulls are still booming, and this rally will break the 3000 mark.
Nasdaq applies to include XRP, SOL, ADA, and XLM in its cryptocurrency index to promote ETF diversification. The SEC's approval deadline is November 2. If approved, the Hashdex Nasdaq Crypto Index ETF's investment scope will expand to 9 cryptocurrency assets, providing investors with broader exposure to the crypto market, reducing risk, and enhancing returns.
$XRP Bloomberg analyst James Seyffart predicts that the U.S. Securities and Exchange Commission (SEC) may approve the ETF applications for XRP and Dogecoin this week. Companies such as Grayscale, Bitwise, Canary, and WisdomTree have already submitted relevant applications. Seyffart estimates that the approval probability for XRP is 70%, for Dogecoin is 65%, and for Litecoin is even higher at 90%. Additionally, Grayscale's Solana ETF proposal has also received preliminary approval from the SEC, indicating a shift in the agency's stance towards cryptocurrency investment products. This change has occurred following the appointment of new leadership, marking a more supportive position from the SEC towards the development of cryptocurrencies. Regarding the classification of cryptocurrencies, Seyffart stated that the SEC may address this issue in 2025, helping to establish a clear regulatory framework and providing clearer legal boundaries for digital assets.
The competition for the #你看好哪一个山寨币ETF将通过 Shanzhai Coin ETF begins, who will you bet on? 1. LTC (90% probability): The SEC's favorite, stable commodity attributes, Grayscale and CoinShares rush to apply for a spot ETF, the first to be approved in 2025 is a foregone conclusion, with significant catch-up potential against BTC; 2. DOGE (75%): Musk's endorsement + SEC's commodity recognition, retail consensus is unbeatable, if the ETF is approved, the King of Memes will become the darling of institutions; 3. XRP (65%): Countdown to the lawsuit settlement, CME futures + Canadian ETF leading the way, once the SEC gives the green light, all top ten by market cap will be ETF-fied; 4. SOL (70%): Top-tier in technology, but the SEC stubbornly clings to the securities label, ETF approval rate is a bottleneck, unless the Republicans take control and the SEC reverses course;
I believe that this market recovery may not just be a short-term rebound, but more like the beginning of a new round of market trends. I personally have a particularly optimistic view of the ETH ecosystem, especially projects like Optimism, which are Layer 2 solutions for Ethereum. The status of Ethereum goes without saying; it firmly holds the top position as a smart contract platform, but its scalability and transaction costs have always been an issue. Solutions like OP reduce costs while improving efficiency, and I feel they will become increasingly popular in the future. Moreover, with OP backed by the robust Ethereum ecosystem, there will surely be more projects and funds flowing in, and the activity on the chain will only increase. Coupled with the popularization of zk-Rollup technology, the entire Layer 2 sector is likely to experience an explosive growth phase. After all, everyone likes chains that are both fast and cheap. Currently, the integration of traditional finance and the crypto space is also accelerating, which will definitely attract more funds, especially in places with huge potential like the Ethereum ecosystem. Although there are many opportunities, the market is still volatile, so it's essential to manage risks when entering. I think it’s wise to pay more attention to projects that have long-term value support, gradually build positions, and not rush. $ETH
#BTC再创新高 Someone asked what to do if Trump doesn't fulfill his campaign promises and doesn't list Bitcoin as a strategic reserve for the United States? My answer is that there is nothing to do. Keep buying Bitcoin as you have been, keep hoarding Bitcoin as you have been, because the rise of Bitcoin is an inevitable trend. Based on the unlimited issuance and devaluation of fiat currency. Even if Trump doesn't fulfill his promises, at least he won't introduce policies that harm the crypto world. For Bitcoin, no negative news is positive news. So keep playing the music, keep dancing.
#BTC再创新高 Before Trump moved up yesterday, Big Pie surged upwards, then fell rapidly at night, then rose again, and pulled repeatedly, forming a see-saw trend. I thought it would break new highs again at night, but I never thought that the situation would turn around. change! Returning to the market, it is not difficult to see that although it is pulling repeatedly and then oscillating in a small amplitude and for a short period of time, its high points are lowering and its low points are also lowering! In the morning, the big pie is to look back first, near 103000-103500, look at 101000-100000, if it breaks 99500, continue to look at the price, if not, then backhand, synchronization
#CKB助力比特币生态 In the Bitcoin ecosystem, scalability and programmability have always been core challenges. Nervos CKB, through the RGB++ protocol and its unique cross-chain interoperability, provides a new unlocking method for Bitcoin, not only addressing Bitcoin's inherent scalability issues but also giving it smart contract capabilities, making it an important component of the BTCFi ecosystem. Technical Advantages of CKB CKB is the underlying public chain of the Nervos Network, based on PoW consensus and the UTXO model, which naturally makes it isomorphic with Bitcoin, combining security and decentralization advantages. However, CKB's uniqueness lies in its further improvement of the UTXO model, introducing a highly scalable data storage and verification method through the Cell model. Each Cell can be seen as an upgraded version of the Bitcoin UTXO model, allowing developers to store and verify complex data on-chain and support the implementation of programmable logic.
#你问我答 has been in the industry for two years, constantly facing liquidation. Occasionally making some profits but losing them as well. Is there still a need for beginners like us to stay in the crypto space?
Binance Wab3 wallet, the latest task... Currently lacking an invitation code, who can help? Note: There are prerequisites, I need to support my fuel costs, leave a message and both parties negotiate 🏖️OK, then execute.