Macron's visit to China has brought a new era of the Plaza Accord, and the renminbi may appreciate significantly in the coming years. The money that can return is being crazily exchanged, while the money that cannot return is flowing into precious metals and all the bulk commodities where China has an export advantage. When these pools are filled with water, shouldn't we head to the world of computing? From this perspective, the next few years will be a super cycle brought about by the simultaneous appreciation of the renminbi and depreciation of the dollar. Foreign trade funds that cannot flow back overseas need to hedge against the costs brought by the appreciation of raw materials, requiring the purchase of non-dollar assets, and the depreciation of the dollar also creates a demand for value preservation.
If Ethereum rises to 4000, BMNR will be on the water, and the buying power will increase. The exchange currently has the lowest historical balance of Ethereum, only 11,500,000. If BMNR buys another 1,000,000, the supply crisis is coming soon.
$ETH Trump has likely eliminated the major nuisances for next year's midterm elections. In the visible next six months, interest rates will be lowered, liquidity will be increased, and the balance sheet will be expanded. Spot buying is still recommended.
This silly dog, if it weren't for Tom Lee pushing up the coin price, it would really think it's a big shot. Let's see what you do when the money spent on girls runs out.
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Vitalik Buterin Warns of Risks of Large Institutions Holding Ethereum
According to Odaily Planet Daily, Ethereum co-founder Vitalik Buterin warned at Devconnect that large institutions like BlackRock expanding their Ethereum holdings could push out decentralized builders and weaken the community.Additionally, the choice of foundational layers optimized for institutions may prevent ordinary users from running nodes, driving geographic/network centralization. Currently, nine companies on Wall Street offer Ethereum ETFs, holding over $18 billion in Ether, with corporate treasuries holding an additional $18 billion. Buterin emphasized that Ethereum should focus on global, permissionless, and censorship-resistant protocols to maintain its unique value.
All position information has been deleted, and I will buy the spot later. A friend said it's too ostentatious, which I think makes some sense. The cycles of Bitcoin and Ethereum haven't finished yet; it's still worth dollar-cost averaging in the next two years. Bitcoin should not trap anyone below 250,000, and Ethereum below 8,000 as well. As for the cycle, let's say two years.