Mt.Gox将启动偿还计划
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Mt.Gox的重整受托人Nobuaki Kobayashi律师发布公告，宣布将根据重整计划开始以比特币和Bitcoin Cash（BCH）进行偿还。重整受托人已完成相关准备工作，并将从2024年7月初开始，向已完成信息确认和交易所对接的加密货币交易所进行偿还。
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Don't let this bias hurt your trading
We all have certain biases when trading that affect our trading without us usually realizing it. I have spent quite a while researching these biases and I have found that when teaching retail traders some of the biases they exhibit are ones that I have not seen in the professional world.
One is the long bias, which means that there are many retail investors who prefer to go long. If you are doing short-term trading, entering and exiting multiple times a day, or if you hold a trade for one or two days, going long is just as important as going short, and there are trading opportunities for both. If you exclude short trades, you will only limit your trading opportunities and may also make trades that you should not make.
One is the long bias, which means that there are many retail investors who prefer to go long. If you are doing short-term trading, entering and exiting multiple times a day, or if you hold a trade for one or two days, going long is just as important as going short, and there are trading opportunities for both. If you exclude short trades, you will only limit your trading opportunities and may also make trades that you should not make.
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June 28 // Bitcoin falls, but altcoins are unable to rebound
Daily high-quality updates, spend your precious two seconds 👆 click to follow and don’t get lost
#ens #Mt.Gox将启动偿还计划 #以太坊
🔹Reviews of Cognitive Society
The highest point of Bitcoin's rebound on June 28, 62,400, coincides with the pressure point of 62,400 in yesterday's Cognition Society article.
Bitcoin's weak rebound and negative decline make it difficult for copycats to continue to move forward. People have an inherent fear of the impact of Bitcoin.
Discuss the pros and cons before entering the game
No discussion of pros and cons after entering the game
Talk about gains and losses after entering the game
Unless you are holding Bitcoin, you can reduce your position a little when it rebounds, and make up for the sharp drop. But there is no need to operate Ether, because the Ethereum spot ETF will be traded soon, maybe in August or September, but you have waited for 3 years, so why do you have to worry so much about a few months?
#ens #Mt.Gox将启动偿还计划 #以太坊
🔹Reviews of Cognitive Society
The highest point of Bitcoin's rebound on June 28, 62,400, coincides with the pressure point of 62,400 in yesterday's Cognition Society article.
Bitcoin's weak rebound and negative decline make it difficult for copycats to continue to move forward. People have an inherent fear of the impact of Bitcoin.
Discuss the pros and cons before entering the game
No discussion of pros and cons after entering the game
Talk about gains and losses after entering the game
Unless you are holding Bitcoin, you can reduce your position a little when it rebounds, and make up for the sharp drop. But there is no need to operate Ether, because the Ethereum spot ETF will be traded soon, maybe in August or September, but you have waited for 3 years, so why do you have to worry so much about a few months?
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Let’s clarify the classification of Bitcoin addresses at once
How many types of BTC addresses are there now?
There are now four BTC address types, each of which is slightly different in the format and use of the address. The following are several common Bitcoin address types: P2PKH (Pay-to-Public-Key-Hash): This is the most common address type and starts with "1". This address type is the earliest and most widely accepted. For example: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2
P2SH (Pay-to-Script-Hash): Starts with "3" and is used for multi-signature and other complex transaction scripts. This address type's script is verified in the transaction. For example: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy
There are now four BTC address types, each of which is slightly different in the format and use of the address. The following are several common Bitcoin address types: P2PKH (Pay-to-Public-Key-Hash): This is the most common address type and starts with "1". This address type is the earliest and most widely accepted. For example: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2
P2SH (Pay-to-Script-Hash): Starts with "3" and is used for multi-signature and other complex transaction scripts. This address type's script is verified in the transaction. For example: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy
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30000u Challenge 100-day Contract Road (Day 25)
Currently own 186373u.
Cherish the time in front of you, is this the bear market coming? Without further ado, I'm going to go short, are you ready?
Big cake 61089 went short directly in the afternoon, not boring! No drag
Click to follow and don't get lost! Every day, the whole network is open and transparent and updated from time to time! #Mt.Gox将启动偿还计划 #币安合约锦标赛 #MegadropLista #美联储何时降息？ #币安上线ZK $BTC $ETH $BNB
Currently own 186373u.
Cherish the time in front of you, is this the bear market coming? Without further ado, I'm going to go short, are you ready?
Big cake 61089 went short directly in the afternoon, not boring! No drag
Click to follow and don't get lost! Every day, the whole network is open and transparent and updated from time to time! #Mt.Gox将启动偿还计划 #币安合约锦标赛 #MegadropLista #美联储何时降息？ #币安上线ZK $BTC $ETH $BNB
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July 4th Time Traveler [Revisiting the Journey to the West]
💵1KU Challenge 10WU (Day 29)
🚩Initial 1000u Current: 1007u
🐸Today's Shanzhai Recommendation: TON KAS OM
👉Recommendation reason: These three are L1 with independent market conditions. At this time, it is useless to talk about technical aspects. You can see who is hard and who is soft by looking at it. You can not do the mainstream, but these Shanzhai should be hung well
👉Yesterday's summary: How many people were killed by the market with this needle, so the same sentence is still the same. You must choose the standard with independent market conditions. If you don’t know how to choose the standard, you can refer to the Shanzhai I called. Although it may not be all right, it can at least be half right
🐮Strictly manage positions, don’t hold heavy positions, separate mainstream and Shanzhai positions, and strictly prohibit chasing orders
👉Anti-empty opening method: open positions of all strategy targets at the current price, and each standard has a position of 1% of the total amount, The pending order point in the strategy becomes the position for adding positions. Control the position well. If the market changes and the average price rebounds, exit with profit. If the market does not change, exit with profit of more than 20%-50%
$BTC Point 57800 (2% position) (20x)
$BTC Point 56500 (4% position) (20x)
$BTC Point 55500 (6% position) (20x)
$BTC Point 53168 (11% position) (20x)
$ETH Point 3206 (2% position) (20x)
$ETH Point 3152 (4% position) (20x)
$ETH Point 3040 (6% position) (20x)
$ETH Position 3005 (11% position) (20x)
Intraday altcoin
$TON Position 7.35 to 7.6 Place orders in batches
Take profit: around 8 Stop loss: 7.17
$KAS Position 0.162 to 0.17 Place orders in batches or increase positions in batches
Take profit: around 0.25 Stop loss: 0.16
$OM Position 0.72 to 0.76 Place orders in batches
Take profit: around 0.87 Stop loss: 0.7
1️⃣BTC Take profit around 60500, reduce position after profit of more than 50%, and push stop loss to opening position, keep holding the bottom position without leaving the market, defend 52800
2️⃣ETH Take profit 3300 Nearby, after 50% profit, reduce the position and push the stop loss, continue to hold the bottom position and do not leave the market, defense 2980
#非农就业数据即将公布 #Mt.Gox将启动偿还计划 #币安合约锦标赛 #VanEck提交首个SolanaETF #以太坊ETF批准预期
💵1KU Challenge 10WU (Day 29)
🚩Initial 1000u Current: 1007u
🐸Today's Shanzhai Recommendation: TON KAS OM
👉Recommendation reason: These three are L1 with independent market conditions. At this time, it is useless to talk about technical aspects. You can see who is hard and who is soft by looking at it. You can not do the mainstream, but these Shanzhai should be hung well
👉Yesterday's summary: How many people were killed by the market with this needle, so the same sentence is still the same. You must choose the standard with independent market conditions. If you don’t know how to choose the standard, you can refer to the Shanzhai I called. Although it may not be all right, it can at least be half right
🐮Strictly manage positions, don’t hold heavy positions, separate mainstream and Shanzhai positions, and strictly prohibit chasing orders
👉Anti-empty opening method: open positions of all strategy targets at the current price, and each standard has a position of 1% of the total amount, The pending order point in the strategy becomes the position for adding positions. Control the position well. If the market changes and the average price rebounds, exit with profit. If the market does not change, exit with profit of more than 20%-50%
$BTC Point 57800 (2% position) (20x)
$BTC Point 56500 (4% position) (20x)
$BTC Point 55500 (6% position) (20x)
$BTC Point 53168 (11% position) (20x)
$ETH Point 3206 (2% position) (20x)
$ETH Point 3152 (4% position) (20x)
$ETH Point 3040 (6% position) (20x)
$ETH Position 3005 (11% position) (20x)
Intraday altcoin
$TON Position 7.35 to 7.6 Place orders in batches
Take profit: around 8 Stop loss: 7.17
$KAS Position 0.162 to 0.17 Place orders in batches or increase positions in batches
Take profit: around 0.25 Stop loss: 0.16
$OM Position 0.72 to 0.76 Place orders in batches
Take profit: around 0.87 Stop loss: 0.7
1️⃣BTC Take profit around 60500, reduce position after profit of more than 50%, and push stop loss to opening position, keep holding the bottom position without leaving the market, defend 52800
2️⃣ETH Take profit 3300 Nearby, after 50% profit, reduce the position and push the stop loss, continue to hold the bottom position and do not leave the market, defense 2980
#非农就业数据即将公布 #Mt.Gox将启动偿还计划 #币安合约锦标赛 #VanEck提交首个SolanaETF #以太坊ETF批准预期
July 3rd Time Traveler [Revisiting the Journey to the West]
💵1KU Challenge 10WU (Day 28)
🚩Initial 1000u Current: 1046u
🐸Today's Shanzhai Recommendation: TON KAS OM
👉Recommendation reason: KAS callback is over, and the positive news of the production cut on the 7th is approaching, the target is 0.25, TON continues to see a new high of 10 US dollars, OM consolidation is over, and the short-term view is 0.94
👉Yesterday's summary: The market continues to fluctuate downward, but it has little to do with the target we chose. Now we have begun to learn to reject all targets that follow the market, and must make independent market targets. Some L1s are good choices. Hold firmly to get big results
🐮Strictly manage positions, do not hold heavy positions, separate mainstream and Shanzhai positions, and strictly prohibit chasing orders
👉Anti-empty opening method: open positions of all strategy targets at the current price, and each target has a position of 1% of the total amount, The pending order point in the strategy becomes the position for adding positions. Control the position well. If the market changes and the average price rebounds, exit with profit. If the market does not change, exit with profit of more than 20%-50%
$BTC Point 60200 (2% position) (20x)$BTC Point 58900 (4% position) (20x)$BTC Point 57700 (6% position) (20x)$BTC Point 56500 (11% position) (20x)
$ETH Point 3283 (2% position) (20x)$ETH Point 3240 (4% position) (20x)$ETH Point 3185 (6% position) (20x) $ETH 3105 (11% position) (20x)
Intraday altcoin
$TON 7.5 to 7.6, place orders in batches
Take profit: around 8, stop loss: 7.17
$KAS 0.171 to 0.175, place orders in batches or increase positions in batches
Take profit: around 0.25, stop loss: 0.17
$OM 0.746 to 0.78, place orders in batches
Take profit: around 0.87, stop loss: 0.72
1️⃣BTC take profit around 64800, reduce position after profit of more than 50%, and push stop loss to opening position, keep holding the bottom position without leaving the market, defend 56000
2️⃣ETH take profit 3430 Nearby, after 50% profit, reduce the position and push the stop loss, continue to hold the bottom position and do not leave the market, defend 3080
#非农就业数据即将公布 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #以太坊ETF批准预期 #meme板块关注热点
💵1KU Challenge 10WU (Day 28)
🚩Initial 1000u Current: 1046u
🐸Today's Shanzhai Recommendation: TON KAS OM
👉Recommendation reason: KAS callback is over, and the positive news of the production cut on the 7th is approaching, the target is 0.25, TON continues to see a new high of 10 US dollars, OM consolidation is over, and the short-term view is 0.94
👉Yesterday's summary: The market continues to fluctuate downward, but it has little to do with the target we chose. Now we have begun to learn to reject all targets that follow the market, and must make independent market targets. Some L1s are good choices. Hold firmly to get big results
🐮Strictly manage positions, do not hold heavy positions, separate mainstream and Shanzhai positions, and strictly prohibit chasing orders
👉Anti-empty opening method: open positions of all strategy targets at the current price, and each target has a position of 1% of the total amount, The pending order point in the strategy becomes the position for adding positions. Control the position well. If the market changes and the average price rebounds, exit with profit. If the market does not change, exit with profit of more than 20%-50%
$BTC Point 60200 (2% position) (20x)$BTC Point 58900 (4% position) (20x)$BTC Point 57700 (6% position) (20x)$BTC Point 56500 (11% position) (20x)
$ETH Point 3283 (2% position) (20x)$ETH Point 3240 (4% position) (20x)$ETH Point 3185 (6% position) (20x) $ETH 3105 (11% position) (20x)
Intraday altcoin
$TON 7.5 to 7.6, place orders in batches
Take profit: around 8, stop loss: 7.17
$KAS 0.171 to 0.175, place orders in batches or increase positions in batches
Take profit: around 0.25, stop loss: 0.17
$OM 0.746 to 0.78, place orders in batches
Take profit: around 0.87, stop loss: 0.72
1️⃣BTC take profit around 64800, reduce position after profit of more than 50%, and push stop loss to opening position, keep holding the bottom position without leaving the market, defend 56000
2️⃣ETH take profit 3430 Nearby, after 50% profit, reduce the position and push the stop loss, continue to hold the bottom position and do not leave the market, defend 3080
#非农就业数据即将公布 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #以太坊ETF批准预期 #meme板块关注热点
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Let's talk about the profit retracement principle of cryptocurrency trading:
After buying a currency, if you make more than 10%, we should start to implement the principle of capital protection (if it falls to the purchase price later, sell it immediately and unconditionally). If you make about 20%, then you must make at least 10% profit before selling. In order to maximize profits, when you make 20%, you must not sell until your profit falls to 10%, unless you have the technology to determine the stage high point. Similarly, if you make 30%, you must sell unconditionally if the lowest profit falls to 15%. This principle is that there is no technical judgment of the high point, and let the profit retracement help you roll your profits.
#非农就业数据即将公布 #币安合约锦标赛 #ASI代币合并计划 #Mt.Gox将启动偿还计划
After buying a currency, if you make more than 10%, we should start to implement the principle of capital protection (if it falls to the purchase price later, sell it immediately and unconditionally). If you make about 20%, then you must make at least 10% profit before selling. In order to maximize profits, when you make 20%, you must not sell until your profit falls to 10%, unless you have the technology to determine the stage high point. Similarly, if you make 30%, you must sell unconditionally if the lowest profit falls to 15%. This principle is that there is no technical judgment of the high point, and let the profit retracement help you roll your profits.
#非农就业数据即将公布 #币安合约锦标赛 #ASI代币合并计划 #Mt.Gox将启动偿还计划
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Top 5 Low Market Cap Altcoins That Could Grow More Than 100x ROI in 2024!
Market sentiment is panic, but there is still hope amid the decline!
BTC broke below the $60,000 support level amid heavy selling pressure, with BTC miners showing signs of capitulation, which historically has usually meant a bottom for prices. The last comparable drop in hashrate occurred in 2022, when Bitcoin was trading at $17,000.
Additionally, despite the severe sell-off in the crypto markets, the options market remains optimistic, with a particular heavy bias towards ETH call options expiring in September and December.
Market analysis believes that considering the recent selling pressure from Bitcoin, as well as factors such as Mt.Gox, miners and government regulation, ETH is likely to see a stronger rebound due to the upcoming filing of the Ethereum spot S-1 filing.
BTC broke below the $60,000 support level amid heavy selling pressure, with BTC miners showing signs of capitulation, which historically has usually meant a bottom for prices. The last comparable drop in hashrate occurred in 2022, when Bitcoin was trading at $17,000.
Additionally, despite the severe sell-off in the crypto markets, the options market remains optimistic, with a particular heavy bias towards ETH call options expiring in September and December.
Market analysis believes that considering the recent selling pressure from Bitcoin, as well as factors such as Mt.Gox, miners and government regulation, ETH is likely to see a stronger rebound due to the upcoming filing of the Ethereum spot S-1 filing.
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Brothers! Go, go, go
Chasing the long position, I won 900 points and exited smoothly. This long position is really comfortable!
Enter the market with 60300 long positions and harvest 4923u and put it in the bag
Layout later, are you ready? #Mt.Gox将启动偿还计划 #币安合约锦标赛 #MegadropLista #美联储何时降息？ #MegadropLista $BTC $ETH $BNB
Chasing the long position, I won 900 points and exited smoothly. This long position is really comfortable!
Enter the market with 60300 long positions and harvest 4923u and put it in the bag
Layout later, are you ready? #Mt.Gox将启动偿还计划 #币安合约锦标赛 #MegadropLista #美联储何时降息？ #MegadropLista $BTC $ETH $BNB
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30000u Challenge 100-day Contract Road (Day 25)
Currently own 191966u. This order yields (5593u)
Some people asked me! Was it stupid to go short at 61000? I was also drunk! No matter where, the final result will prove everything. I have my own reasons for going short. I will not do it blindly. Forget it. How about this order? How many old friends followed, shout!
Dabing went short at 61089 in the afternoon, grasped 430 points, harvested 5593u, and exited steadily.
The dawn of victory beckons us again. Steady progress is the truth, and fulfillment is the reality!
Click to follow and don’t get lost! Every day, the whole network is open and transparent and updated from time to time! #Mt.Gox将启动偿还计划 #币安合约锦标赛 #MegadropLista #美联储何时降息？ #币安上线ZK $BTC $ETH $BNB
Currently own 191966u. This order yields (5593u)
Some people asked me! Was it stupid to go short at 61000? I was also drunk! No matter where, the final result will prove everything. I have my own reasons for going short. I will not do it blindly. Forget it. How about this order? How many old friends followed, shout!
Dabing went short at 61089 in the afternoon, grasped 430 points, harvested 5593u, and exited steadily.
The dawn of victory beckons us again. Steady progress is the truth, and fulfillment is the reality!
Click to follow and don’t get lost! Every day, the whole network is open and transparent and updated from time to time! #Mt.Gox将启动偿还计划 #币安合约锦标赛 #MegadropLista #美联储何时降息？ #币安上线ZK $BTC $ETH $BNB
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If you chase the rise, it will fall; if you sell it, it will rise
It seems that you will lose money no matter how you play it, and you will die if you go short or long
How should this contract be played?
The fundamental reasons are nothing more than two points
1. Mentality: Once you buy it and get trapped, you panic. Obviously, the direction you opened is not wrong, but you panic when there is a small correction. You are worried that you will be trapped more and more, so you will immediately sell at a loss and leave. This repeats over and over again, and the principal is getting less and less
2. The principal is small, and the position is large. You are afraid of missing the opportunity to get on the train. You can't bear a small correction and can only end up with a liquidation
When playing contracts, only open some mainstream coins, such as Bitcoin and Ethereum. Open a small position at the beginning, make a plan, and cover the position according to the situation. Don't chase the rise and sell the fall. It's better to miss it than to make a mistake. Because there are many opportunities
If you play with some volatile copycats, it is best to set a stop loss. There may be no bottom when the price drops, and it is unreasonable to pull up the market. You can blow up your short position in minutes
In short, mentality and strategy are very important. People with a bad mentality should not play contracts. The final result will only end in a liquidation$ELF $SOL $BTC #美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #美联储何时降息？
It seems that you will lose money no matter how you play it, and you will die if you go short or long
How should this contract be played?
The fundamental reasons are nothing more than two points
1. Mentality: Once you buy it and get trapped, you panic. Obviously, the direction you opened is not wrong, but you panic when there is a small correction. You are worried that you will be trapped more and more, so you will immediately sell at a loss and leave. This repeats over and over again, and the principal is getting less and less
2. The principal is small, and the position is large. You are afraid of missing the opportunity to get on the train. You can't bear a small correction and can only end up with a liquidation
When playing contracts, only open some mainstream coins, such as Bitcoin and Ethereum. Open a small position at the beginning, make a plan, and cover the position according to the situation. Don't chase the rise and sell the fall. It's better to miss it than to make a mistake. Because there are many opportunities
If you play with some volatile copycats, it is best to set a stop loss. There may be no bottom when the price drops, and it is unreasonable to pull up the market. You can blow up your short position in minutes
In short, mentality and strategy are very important. People with a bad mentality should not play contracts. The final result will only end in a liquidation$ELF $SOL $BTC #美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #美联储何时降息？
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The industry is going to be ruined
No new narrative
Except for ETF
No new things are coming out of Shanzhai, newcomers are playing meme
VC coin and institutional coin have a huge trust crisis
Outside funds prefer AI, this narrative is more attractive.
Industry leaders only know how to list high-market-value VC projects, regardless of the lives of leeks.
It's going to be cold, leeks don't cut their losses or pull the market. This is a death operation
Expected to fall for the last time, born in despair! The moment of Shanzhai's explosion is coming$BTC $ETH $BNB #Mt.Gox将启动偿还计划
No new narrative
Except for ETF
No new things are coming out of Shanzhai, newcomers are playing meme
VC coin and institutional coin have a huge trust crisis
Outside funds prefer AI, this narrative is more attractive.
Industry leaders only know how to list high-market-value VC projects, regardless of the lives of leeks.
It's going to be cold, leeks don't cut their losses or pull the market. This is a death operation
Expected to fall for the last time, born in despair! The moment of Shanzhai's explosion is coming$BTC $ETH $BNB #Mt.Gox将启动偿还计划
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In the past few hours, two transactions occurred in several Mt. Gox wallets associated with the upcoming $9 billion Bitcoin compensation.
According to $ARKM data, the transactions involved three wallets previously associated with the defunct exchange. The largest transaction was $24 in Bitcoin.
The last time funds from Mt. Gox were transferred on a large scale, the funds were mainly concentrated in three wallets. At that time, there was $24 left in a wallet that was once used as a transit. In the past few hours, this small amount of Bitcoin was forwarded to another wallet, which then sent the funds to Bitbank's hot wallet. The rest of the Bitcoin was sent to a new wallet.
Bitbank is one of the exchanges supporting the Mt. Gox compensation. The compensation was not paid directly to Bitcoin holders, but the funds were sent to five exchanges, namely Kraken, Bitstamp, SBI VC Trade, Bitbank and Bitgo, through custodians. All of these exchanges said that once they receive the funds, they will make the funds available to customers within a maximum of 90 days.
However, since this small amount of Bitcoin was not sent from any major wallet to the exchange, it is unclear whether this was a test transaction to send a larger amount.
The custodian previously said that the compensation would be paid from the beginning of July. The exact date when the funds were sent to the exchange has not been made public.
Before the Mt. Gox funds were paid to creditors, the price of Bitcoin fell by more than $10,000 in the last month. It is currently trading at around $57,700, down 5% in the past 24 hours.
#Mt.Gox将启动偿还计划 $BTC
According to $ARKM data, the transactions involved three wallets previously associated with the defunct exchange. The largest transaction was $24 in Bitcoin.
The last time funds from Mt. Gox were transferred on a large scale, the funds were mainly concentrated in three wallets. At that time, there was $24 left in a wallet that was once used as a transit. In the past few hours, this small amount of Bitcoin was forwarded to another wallet, which then sent the funds to Bitbank's hot wallet. The rest of the Bitcoin was sent to a new wallet.
Bitbank is one of the exchanges supporting the Mt. Gox compensation. The compensation was not paid directly to Bitcoin holders, but the funds were sent to five exchanges, namely Kraken, Bitstamp, SBI VC Trade, Bitbank and Bitgo, through custodians. All of these exchanges said that once they receive the funds, they will make the funds available to customers within a maximum of 90 days.
However, since this small amount of Bitcoin was not sent from any major wallet to the exchange, it is unclear whether this was a test transaction to send a larger amount.
The custodian previously said that the compensation would be paid from the beginning of July. The exact date when the funds were sent to the exchange has not been made public.
Before the Mt. Gox funds were paid to creditors, the price of Bitcoin fell by more than $10,000 in the last month. It is currently trading at around $57,700, down 5% in the past 24 hours.
#Mt.Gox将启动偿还计划 $BTC
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Today we use data to talk about why there has not been a general rise in the altcoin season this round?
Use total3 as the altcoin market value, and use the total market value of several major stablecoins as the overall market value of stablecoins.
First, the conclusion: First, before the Fed cut interest rates, the market value of stablecoins did not grow fast enough, and second, the overall market value of altcoins is much larger than the previous round.
From November 2019 to November 2020, the total market value of stablecoins increased from 4.7 billion to 21.3 billion, with a change multiple of 4.53, while total3 increased from 51 billion to 98.6 billion, with a change multiple of only 1.93. Therefore, total3/stablecoin dropped from 10.8 to 4.54, which means that the increase in market value during this period corresponds to a reduction in liquidity leverage. This also laid the foundation for the crazy altcoin season from November 2020 to May 2021. Not only did it not overdraw inflows, but it accumulated rising power.
From November 20 to May 21, the total market value of stablecoins increased from 21.3 billion to 84.7 billion, with a change multiple of 3.97, while total3 increased from 98.6 billion to 886 billion, with a change multiple of 8.98. Therefore, total3/stablecoin increased from 4.54 to 10.45. This period of altcoins with a general increase of 8-10 times took advantage of liquidity leverage and maximized the growing market value of stablecoins.
In this round, from October 23, the market value of stablecoins reversed the downward trend and turned to growth. Until March 24, the total market value of stablecoins increased from 116.3 billion to 139.4 billion, with a change multiple of 1.19, while total3 increased from 318.8 billion to 757.6 billion, with a change multiple of 2.37. Therefore, total3/stablecoin increased from 2.74 to 5.44, which means that BTC has not yet reached a historical high, and the market value growth of altcoins has begun to use liquidity leverage.
This is also the reason why the decline of BTC in this round is only 17% while the decline of altcoins is 50%. In the figure, total3 only fell by 28% in this range, which also means that the decline of altcoins is uneven. And the continuous issuance and unlocking of new coins distorts the indicators, and the decline in market value is less than the decline in the average price of altcoins.
#美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #Mt.Gox将启动偿还计划 #VanEck提交首个SolanaETF #IntroToCopytrading #以太坊ETF批准预期
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Use total3 as the altcoin market value, and use the total market value of several major stablecoins as the overall market value of stablecoins.
First, the conclusion: First, before the Fed cut interest rates, the market value of stablecoins did not grow fast enough, and second, the overall market value of altcoins is much larger than the previous round.
From November 2019 to November 2020, the total market value of stablecoins increased from 4.7 billion to 21.3 billion, with a change multiple of 4.53, while total3 increased from 51 billion to 98.6 billion, with a change multiple of only 1.93. Therefore, total3/stablecoin dropped from 10.8 to 4.54, which means that the increase in market value during this period corresponds to a reduction in liquidity leverage. This also laid the foundation for the crazy altcoin season from November 2020 to May 2021. Not only did it not overdraw inflows, but it accumulated rising power.
From November 20 to May 21, the total market value of stablecoins increased from 21.3 billion to 84.7 billion, with a change multiple of 3.97, while total3 increased from 98.6 billion to 886 billion, with a change multiple of 8.98. Therefore, total3/stablecoin increased from 4.54 to 10.45. This period of altcoins with a general increase of 8-10 times took advantage of liquidity leverage and maximized the growing market value of stablecoins.
In this round, from October 23, the market value of stablecoins reversed the downward trend and turned to growth. Until March 24, the total market value of stablecoins increased from 116.3 billion to 139.4 billion, with a change multiple of 1.19, while total3 increased from 318.8 billion to 757.6 billion, with a change multiple of 2.37. Therefore, total3/stablecoin increased from 2.74 to 5.44, which means that BTC has not yet reached a historical high, and the market value growth of altcoins has begun to use liquidity leverage.
This is also the reason why the decline of BTC in this round is only 17% while the decline of altcoins is 50%. In the figure, total3 only fell by 28% in this range, which also means that the decline of altcoins is uneven. And the continuous issuance and unlocking of new coins distorts the indicators, and the decline in market value is less than the decline in the average price of altcoins.
#美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #Mt.Gox将启动偿还计划 #VanEck提交首个SolanaETF #IntroToCopytrading #以太坊ETF批准预期
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