💵 Over $400 million in liquidations in the cryptocurrency market in the last 24 hours!
Market Overview • Total network contract liquidations reached $420 million, with a long-short ratio close to 1:1 • 120,000 accounts triggered forced liquidations, with the largest single liquidation being $6.52 million (ETH) • BTC fluctuated $3,680 during the day, ETH corrected $122, BNB maintained at $803.30
Policies and Innovations Driving • The U.S. prohibits financial institutions from discriminating against crypto businesses, Japan's Metaplanet holds BTC for the long term • ETH spot ETF launched, on-chain staking increased by 12% • BNB formed a supply contraction through $1.7 billion in new reserves and the destruction of 1.9 million tokens $BTC #爆仓数据
#BTC重返12万 Bitcoin (BTC) returns to $120,000, hitting a recent high, driven by the following factors: 1) Continuous inflow of institutional funds, BTC ETF attracting over $1.18 billion in a single day, MicroStrategy increased its holdings by 4,225 BTC, tightening supply pushing prices higher; 2) Technical indicators show that BTC has broken through the $112,000 resistance level, standing above the 100-hour moving average, MACD is bullish, RSI 76 slightly indicates overbought but momentum is strong; 3) Favorable policies, the U.S. 'Crypto Week' discussing the CLARITY and GENIUS acts, the Trump administration promoting crypto reserves, boosting market confidence; 4) Supportive macro environment, the weakening dollar index and inflation concerns make BTC a more attractive safe-haven asset. Short-term targets are set at $125,000-$130,000, with Fibonacci extensions pointing to $136,000. Be cautious of short-term pullback risks, with support levels at $118,800-$116,500. If policies are implemented and ETF demand continues, it may challenge $150,000 by the end of the year.
I apologize for not being active on these days .Also, I want to sincerely thank you all for helping me reach 24.1K followers . Lets grow with together with me.💙
🔥 Opportunity is knocking at your door! Conan xBQT is not just a token — it's an expanding project, with a vibrant community and clear goals for further growth. 🚀 Those who buy today plant the seeds to reap great results tomorrow.
The future belongs to those who act now! In addition to representing a digital asset with appreciation potential, Conan xBQT is part of an engaged and active community that participates in events, promotions, and campaigns that drive the use and circulation of the token. This activity generates more visibility and tends to increase its liquidity.
Another positive point is the transparency of the project, which shares frequent updates, promotes scheduled burns to reduce supply, and maintains a clear roadmap with medium and long-term goals. All of this contributes to creating a favorable scenario for those who wish to buy now and benefit from future results. #Bitlayer #BTCOvertakesAmazon #BinanceAlphaAlert
The weather in the Central Plains is scorching hot. While feeling bored, I came across a great project in the ZK (Zero-Knowledge Proof) space. Succinct is at the forefront of technical capability.
Let me analyze it for you. In a nutshell—allowing every developer to use ZK power like AWS, making it accessible even for those who don't understand cryptography. ZK is not some high-end black technology, but rather an infrastructure that can be used as needed.
The core product is the Succinct Prover Network, which incentivizes global GPU nodes through the token $PROVE to generate ZK proofs for on-chain applications. Whether you're working on Ethereum, L2, or AI applications, as long as you need verifiable, secure, and high-performance computing, Succinct can help you out.
They also have a powerful tool called SP1 zkVM that lowers the barrier for zk programming to the ground—you can write business logic in mainstream languages without having to deal with complex circuits and mathematics. This means that for ZK applications to land on a large scale, the technical barrier is no longer an issue.
Key Point: Based on SP1 Hypercube, they can already achieve that 93% of Ethereum blocks complete ZK proofs within 12 seconds, a speed that nearly bridges the last mile of Ethereum's "real-time proof." This is a qualitative change for L1/L2 scaling.
Not only Web3 but also Web2 scenarios are genuinely integrating ZK technology: for instance, Google Wallet has already launched a ZK age verification service—proving that you are an adult without revealing your exact age. This is backed by Succinct's lightweight ZK verification framework.
Now Succinct has integrated with core modules such as Rollup, cross-chain bridges, and verification modules, safeguarding over $4B in on-chain assets. The TVL is one of the largest among all ZK infrastructure projects.
Succinct is the cloud infrastructure for zero-knowledge proofs, available for anyone to call upon—chains, AI, enterprises, applications, as long as you need proof, Succinct will compute it for you.
The token $PROVE is the core of incentive settlement for the entire network, not a governance token for a specific application, but the accelerator and shield for the entire ZK network.
The founders behind the project are not just for show:
Uma, dual degree in Mathematics and Computer Science from MIT, former Google Brain.
John, CS from Stanford, interned at NVIDIA + Thiel Fellowship.
These two are the type of Builder entrepreneurs who don't hype concepts but focus on hard-core fundamentals.
wow, I'm thrilled to share that I've reached 7,000 followers on binance square just one month! This milestone wouldn't have been possible without the support of my amazing audience and the strategies I've implemented.
Trump Says Powell Will Soon Be Out, Interest Rates Should Remain at 1%
According to Shenchao TechFlow, on July 22, U.S. President Trump stated that Powell will soon be out. Trump criticized Powell for keeping interest rates at too high a level despite a strong economy. Trump believes interest rates should remain at 1%.
Old Trump is here and there, what exactly is he trying to stir up!