BitMaster
AI使能 | 行情报告 | 好文推荐 | 知识分享 | Data-Driven Trading. X:https://twitter.com/0xbitmaster
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The new coins listed on Binance in 2024 have stabilized recently. This is the trend. Can you bear it?
😆
The problem of high FDV and low circulation has caused public outrage. Binance has changed the listing rules. The recent NO BB has performed well, which may bring a round of sentiment repair to the new coins.
This kind of arc bottom can be used to build positions. If you don't pull the market, the dealer can't sell the goods.
Don't ask me which one I bought. Of course, adults do. .
🫶🫶
#STRK #DYM #PORTAL #PIXEL
😆
The problem of high FDV and low circulation has caused public outrage. Binance has changed the listing rules. The recent NO BB has performed well, which may bring a round of sentiment repair to the new coins.
This kind of arc bottom can be used to build positions. If you don't pull the market, the dealer can't sell the goods.
Don't ask me which one I bought. Of course, adults do. .
🫶🫶
#STRK #DYM #PORTAL #PIXEL
A16Z explains FIT21 "Financial Innovation and Technology Act of the 21st Century" in detail
AI summarizes the content and what impact it has on the cryptocurrency circle:
This article mainly introduces the "Financial Innovation and Technology Act of the 21st Century" (FIT21 Act) passed by the U.S. House of Representatives. The bill aims to establish a regulatory framework for the U.S. digital asset market, provide clear consumer protection, and clarify the regulatory boundaries of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on cryptocurrencies. The following is a summary of the possible impact of the bill on the cryptocurrency market:
1. Enhanced regulatory certainty: After the passage of the FIT21 Act, it will provide clear regulatory guidance for the crypto industry, reduce legal ambiguity, and help eliminate market participants' concerns about regulatory risks, thereby boosting market confidence.
2. Standardization of market structure: The bill clarifies which digital assets will be considered commodities (regulated by the CFTC) and securities (regulated by the SEC), and distinguishes based on the degree of decentralization of the blockchain or digital ledger. This will guide project parties to issue and operate in compliance, promote the healthy development of the market, and reduce potential legal disputes and market manipulation risks.
3. Strengthening consumer protection: The bill requires the implementation of measures such as customer fund isolation, token insider lock-up period, annual sales limit and information disclosure, which are similar to the investor protection mechanism in traditional financial markets. These regulations help improve market transparency, protect investor rights and interests, and reduce market volatility caused by fraud or misconduct.
4. Increased industry compliance costs: The regulatory standards and consumer protection requirements set by the new bill may lead to higher compliance costs for market players such as cryptocurrency exchanges and project issuers. Some projects that do not comply with the new regulations may need to adjust their business models or face regulatory pressure, which may trigger market structure adjustments and valuation adjustments for some projects in the short term.
5. Impact on international competitiveness: After the bill is passed, the United States is expected to provide a more orderly, transparent and clearly regulated cryptocurrency market environment, which may attract more compliant capital from both home and abroad, enhance the competitiveness of the United States in the global cryptocurrency market, and have a positive impact on the overall market.
6. Policy uncertainty still exists: Although the House of Representatives has passed the bill, it still needs to be passed by the Senate and signed by the President to become law.There may still be variables in this process, and the uncertainty before the policy is implemented may have a certain impact on market sentiment.
In summary, if the FIT21 bill eventually becomes law, it will have a profound impact on the US and even global cryptocurrency market. In the short term, the market may experience fluctuations caused by structural adjustments and rising compliance costs; in the long term, a clearer regulatory framework and enhanced consumer protection are expected to enhance market stability, attract more compliant investments, and promote the continued healthy development of the industry. However, whether the bill can be successfully passed and implemented, as well as the specific effects after implementation, we still need to pay close attention to subsequent policy dynamics and market reactions.#A16z#Web3Social
AI summarizes the content and what impact it has on the cryptocurrency circle:
This article mainly introduces the "Financial Innovation and Technology Act of the 21st Century" (FIT21 Act) passed by the U.S. House of Representatives. The bill aims to establish a regulatory framework for the U.S. digital asset market, provide clear consumer protection, and clarify the regulatory boundaries of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on cryptocurrencies. The following is a summary of the possible impact of the bill on the cryptocurrency market:
1. Enhanced regulatory certainty: After the passage of the FIT21 Act, it will provide clear regulatory guidance for the crypto industry, reduce legal ambiguity, and help eliminate market participants' concerns about regulatory risks, thereby boosting market confidence.
2. Standardization of market structure: The bill clarifies which digital assets will be considered commodities (regulated by the CFTC) and securities (regulated by the SEC), and distinguishes based on the degree of decentralization of the blockchain or digital ledger. This will guide project parties to issue and operate in compliance, promote the healthy development of the market, and reduce potential legal disputes and market manipulation risks.
3. Strengthening consumer protection: The bill requires the implementation of measures such as customer fund isolation, token insider lock-up period, annual sales limit and information disclosure, which are similar to the investor protection mechanism in traditional financial markets. These regulations help improve market transparency, protect investor rights and interests, and reduce market volatility caused by fraud or misconduct.
4. Increased industry compliance costs: The regulatory standards and consumer protection requirements set by the new bill may lead to higher compliance costs for market players such as cryptocurrency exchanges and project issuers. Some projects that do not comply with the new regulations may need to adjust their business models or face regulatory pressure, which may trigger market structure adjustments and valuation adjustments for some projects in the short term.
5. Impact on international competitiveness: After the bill is passed, the United States is expected to provide a more orderly, transparent and clearly regulated cryptocurrency market environment, which may attract more compliant capital from both home and abroad, enhance the competitiveness of the United States in the global cryptocurrency market, and have a positive impact on the overall market.
6. Policy uncertainty still exists: Although the House of Representatives has passed the bill, it still needs to be passed by the Senate and signed by the President to become law.There may still be variables in this process, and the uncertainty before the policy is implemented may have a certain impact on market sentiment.
In summary, if the FIT21 bill eventually becomes law, it will have a profound impact on the US and even global cryptocurrency market. In the short term, the market may experience fluctuations caused by structural adjustments and rising compliance costs; in the long term, a clearer regulatory framework and enhanced consumer protection are expected to enhance market stability, attract more compliant investments, and promote the continued healthy development of the industry. However, whether the bill can be successfully passed and implemented, as well as the specific effects after implementation, we still need to pay close attention to subsequent policy dynamics and market reactions.#A16z#Web3Social
"Bitcoin's return to $73,000 may be the beginning of the "escape velocity" phase"
The return of Bitcoin prices to $73,000 may mark a turning point in the asset's trend, starting its acceleration to the "escape velocity" phase. This term comes from astrophysics and describes the minimum speed required for an object to escape the gravitational field of a planet or satellite without further propulsion. In the view of cryptocurrency analyst James Check, when Bitcoin re-stands at the $73,000 price level, it may also indicate that its market performance will enter a similar state, that is, a rapid and sustained rise phase.
The following is a summary of the relevant analysis points:
1. Not reaching the "excessive" state: According to the short-term holder (STH) market value and realized value (MVRV) indicator, the market has not yet shown a state of "overstretching, overbought and saturated", indicating that market sentiment is still in a stable and enthusiastic but not overly excited stage, laying a solid foundation for the price rebound to $73,000.
2. Potential resistance: However, when Bitcoin reaches $73,000, STH with a holding period of less than 155 days will be in a sufficiently profitable state, which may lead to selling pressure and form short-term resistance.
3. Market consensus: Some other analysts also believe that the market has not yet reached a frenzy. Although Bitcoin is close to $70,000, the market has not shown significant excitement or enthusiasm, and this calm performance is regarded as a positive sign by some analysts.
4. Moving towards price discovery: An anonymous trader believes that Bitcoin is only one step away from entering the "price discovery" stage, which means that its price will break away from its historical highs and enter a new unknown range.
5. Peak prediction: Anonymous trader Yoddha expects Bitcoin to reach its peak price in about 300 days in the future, that is, no later than March 18, 2025. Currently, Bitcoin has been consolidating in the current range for 84 consecutive days.
In summary, despite the potential profit-taking pressure from short-term holders, most analysts tend to believe that once Bitcoin breaks through and stabilizes at $73,000, it will mark the beginning of a new round of accelerated rise, the so-called "escape velocity" phase. Market sentiment remains enthusiastic but not fanatical, showing good support for further rise. Therefore, based on the above information summary, analysts are bullish on the prospects of Bitcoin.
https://cointelegraph.com/news/bitcoin-price-surge-indicators-crypto-analyst-james-check
#RecommendedArticles#ChainAnalysis#Bitcoin
The return of Bitcoin prices to $73,000 may mark a turning point in the asset's trend, starting its acceleration to the "escape velocity" phase. This term comes from astrophysics and describes the minimum speed required for an object to escape the gravitational field of a planet or satellite without further propulsion. In the view of cryptocurrency analyst James Check, when Bitcoin re-stands at the $73,000 price level, it may also indicate that its market performance will enter a similar state, that is, a rapid and sustained rise phase.
The following is a summary of the relevant analysis points:
1. Not reaching the "excessive" state: According to the short-term holder (STH) market value and realized value (MVRV) indicator, the market has not yet shown a state of "overstretching, overbought and saturated", indicating that market sentiment is still in a stable and enthusiastic but not overly excited stage, laying a solid foundation for the price rebound to $73,000.
2. Potential resistance: However, when Bitcoin reaches $73,000, STH with a holding period of less than 155 days will be in a sufficiently profitable state, which may lead to selling pressure and form short-term resistance.
3. Market consensus: Some other analysts also believe that the market has not yet reached a frenzy. Although Bitcoin is close to $70,000, the market has not shown significant excitement or enthusiasm, and this calm performance is regarded as a positive sign by some analysts.
4. Moving towards price discovery: An anonymous trader believes that Bitcoin is only one step away from entering the "price discovery" stage, which means that its price will break away from its historical highs and enter a new unknown range.
5. Peak prediction: Anonymous trader Yoddha expects Bitcoin to reach its peak price in about 300 days in the future, that is, no later than March 18, 2025. Currently, Bitcoin has been consolidating in the current range for 84 consecutive days.
In summary, despite the potential profit-taking pressure from short-term holders, most analysts tend to believe that once Bitcoin breaks through and stabilizes at $73,000, it will mark the beginning of a new round of accelerated rise, the so-called "escape velocity" phase. Market sentiment remains enthusiastic but not fanatical, showing good support for further rise. Therefore, based on the above information summary, analysts are bullish on the prospects of Bitcoin.
https://cointelegraph.com/news/bitcoin-price-surge-indicators-crypto-analyst-james-check
#RecommendedArticles#ChainAnalysis#Bitcoin
Web3 News Digest-20240522
Cryptocurrency Market Dynamics and Investment
BlackRock Submits Ethereum Spot ETF Application: Confirms that Ishares Ethereum Trust does not involve Ethereum staking, showing that traditional finance continues to be interested in crypto assets but adopts a relatively conservative strategy.
Stripchain Completes Ten Million Dollar Financing: Emphasizing the importance of blockchain interoperability protocols, Stripchain's uniqueness lies in its transaction layer focus and authority proof system, which has attracted investment from many well-known venture capital firms.
WeatherXM Network Successfully Raised: Raised $7.7 million to develop a decentralized weather network, improve forecast accuracy through Web3 technology and crypto incentives, and demonstrate the potential for blockchain technology to be used in non-financial fields.
Kelp Protocol Completes Token Financing: Ethereum re-staking protocol Kelp raised $9 million, aiming to enhance market liquidity by issuing governance tokens and liquidity re-staking tokens (rsETH), reflecting innovation and capital flows in the DeFi field.
Market Observation and Analysis
Project Valuation Inversion Phenomenon: Studies have shown that many blockchain projects have inflated valuations in the primary market, and more than 60% of project valuations may be overestimated, suggesting that the market needs to be more cautious in assessing risks and returns.
Ethereum call option trend: Market sentiment is bullish, and Ethereum call option fees for all expiration dates are higher than put options, suggesting investors' expectations of future price increases.
Industry dynamics
Animoca Brands invests in Open Campus: Increase support for Web3 education protocols and express optimism about blockchain applications in the education field by purchasing more EDU tokens.
Vitalik Buterin frequently transfers ETH: Small transfers through the privacy protocol Railgun have attracted the community's attention to his movements. Although the specific purpose is unknown, it shows the application of privacy technology.
Large-scale crypto asset flows: Multiple reports mentioned large-scale cryptocurrency withdrawals and transfers, involving tokens such as PEPE and ETH, reflecting the activity of large players in the market and their possible impact on the market.
OKX Ventures invests in Monad Labs: Further promote the development of Web3 innovation and decentralized computing, showing the importance of technological progress and cooperation within the industry.
Microsoft Build 2024 Developer Conference: Released multiple updates, among which the preview of OpenAI's new model was particularly eye-catching, foreshadowing the possible deep integration and innovation of AI and blockchain in the future.
Terraform Labs executive dynamics: The whereabouts of Do Kwon and former executives and possible Montenegrin government connections, although unconfirmed, have increased the heat of the discussion on regulation and legal responsibility in the crypto space.
#新闻
Cryptocurrency Market Dynamics and Investment
BlackRock Submits Ethereum Spot ETF Application: Confirms that Ishares Ethereum Trust does not involve Ethereum staking, showing that traditional finance continues to be interested in crypto assets but adopts a relatively conservative strategy.
Stripchain Completes Ten Million Dollar Financing: Emphasizing the importance of blockchain interoperability protocols, Stripchain's uniqueness lies in its transaction layer focus and authority proof system, which has attracted investment from many well-known venture capital firms.
WeatherXM Network Successfully Raised: Raised $7.7 million to develop a decentralized weather network, improve forecast accuracy through Web3 technology and crypto incentives, and demonstrate the potential for blockchain technology to be used in non-financial fields.
Kelp Protocol Completes Token Financing: Ethereum re-staking protocol Kelp raised $9 million, aiming to enhance market liquidity by issuing governance tokens and liquidity re-staking tokens (rsETH), reflecting innovation and capital flows in the DeFi field.
Market Observation and Analysis
Project Valuation Inversion Phenomenon: Studies have shown that many blockchain projects have inflated valuations in the primary market, and more than 60% of project valuations may be overestimated, suggesting that the market needs to be more cautious in assessing risks and returns.
Ethereum call option trend: Market sentiment is bullish, and Ethereum call option fees for all expiration dates are higher than put options, suggesting investors' expectations of future price increases.
Industry dynamics
Animoca Brands invests in Open Campus: Increase support for Web3 education protocols and express optimism about blockchain applications in the education field by purchasing more EDU tokens.
Vitalik Buterin frequently transfers ETH: Small transfers through the privacy protocol Railgun have attracted the community's attention to his movements. Although the specific purpose is unknown, it shows the application of privacy technology.
Large-scale crypto asset flows: Multiple reports mentioned large-scale cryptocurrency withdrawals and transfers, involving tokens such as PEPE and ETH, reflecting the activity of large players in the market and their possible impact on the market.
OKX Ventures invests in Monad Labs: Further promote the development of Web3 innovation and decentralized computing, showing the importance of technological progress and cooperation within the industry.
Microsoft Build 2024 Developer Conference: Released multiple updates, among which the preview of OpenAI's new model was particularly eye-catching, foreshadowing the possible deep integration and innovation of AI and blockchain in the future.
Terraform Labs executive dynamics: The whereabouts of Do Kwon and former executives and possible Montenegrin government connections, although unconfirmed, have increased the heat of the discussion on regulation and legal responsibility in the crypto space.
#新闻
Glassnode’s latest article, in-depth on-chain data analysis. 《A Macro Reset》20240522
Summary of AI key content and future market trends
1. Supply-side dynamics: - Selling pressure easing: Selling pressure on long-term holders (LTH) has dropped significantly since the all-time high in March. The LTH binary spending indicator shows a significant decrease in LTH distribution activity, indicating weakening resistance for the bulls. - Increase in short-term holders (STH): Bitcoin supply among short-term holders has increased significantly, reflecting new investors buying Bitcoin during the correction. The local divergence between LTH and STH supply further strengthens the view that selling pressure from mature investors has cooled. -Intensified holding preference: Activity indicators indicate that the Bitcoin network is currently experiencing more coin-day generation than destruction, showing an increased market preference for long-term holding of coins rather than active selling for profit.
2. Demand-side trends: - Moderate capital inflows: Although slower than the peak, capital inflows into the Bitcoin network remain in a positive, profit-led range. Although the demand is relatively mild compared to the ATH period, it is enough to support the current price trend when the selling pressure is reduced.
3. Volatility compression: - Sell-side risk ratio decreases: The sell-side risk ratio (which measures the ratio of the total value locked in coins spent on the chain relative to the realized market capitalization) has significantly reduced, suggesting that the market has reached a certain degree of equilibrium during the correction. A low ratio usually indicates a low-volatility environment and the potential for profits and losses to be exhausted within the current price range. - Decreased price volatility: The percentage range between the highest and lowest prices over the past 60 days has continued to narrow, reaching levels commonly seen after long periods of consolidation and before major market moves.
4. Top heaviness assessment: - Unspent transaction output actual price distribution (URPD) analysis: URPD data shows that approximately 15.9% of the Bitcoin supply is concentrated not far below the current market price, forming a strong support cluster. Conversely, only 1.1% of the circulating supply is above the current market price, reducing the risk of top heaviness.
Conclusion and future market impact:
Following LTH’s high-intensity distribution during the $73K ATH period, selling pressure eased significantly, creating conditions conducive to higher prices even with moderate demand.The compression of volatility over longer time frames and the formation of a solid support cluster below current market prices indicate that the Bitcoin market is well-positioned for potential price growth. While the market may still be volatile, factors such as reduced selling pressure, continued moderate capital inflows, and reduced volatility point to a possible resumption of upward momentum in the Bitcoin market. However, investors should remain cautious, closely monitor market dynamics, and make decisions based on in-depth analysis of multiple factors.
#Crypto#链上数据 #BTC
Summary of AI key content and future market trends
1. Supply-side dynamics: - Selling pressure easing: Selling pressure on long-term holders (LTH) has dropped significantly since the all-time high in March. The LTH binary spending indicator shows a significant decrease in LTH distribution activity, indicating weakening resistance for the bulls. - Increase in short-term holders (STH): Bitcoin supply among short-term holders has increased significantly, reflecting new investors buying Bitcoin during the correction. The local divergence between LTH and STH supply further strengthens the view that selling pressure from mature investors has cooled. -Intensified holding preference: Activity indicators indicate that the Bitcoin network is currently experiencing more coin-day generation than destruction, showing an increased market preference for long-term holding of coins rather than active selling for profit.
2. Demand-side trends: - Moderate capital inflows: Although slower than the peak, capital inflows into the Bitcoin network remain in a positive, profit-led range. Although the demand is relatively mild compared to the ATH period, it is enough to support the current price trend when the selling pressure is reduced.
3. Volatility compression: - Sell-side risk ratio decreases: The sell-side risk ratio (which measures the ratio of the total value locked in coins spent on the chain relative to the realized market capitalization) has significantly reduced, suggesting that the market has reached a certain degree of equilibrium during the correction. A low ratio usually indicates a low-volatility environment and the potential for profits and losses to be exhausted within the current price range. - Decreased price volatility: The percentage range between the highest and lowest prices over the past 60 days has continued to narrow, reaching levels commonly seen after long periods of consolidation and before major market moves.
4. Top heaviness assessment: - Unspent transaction output actual price distribution (URPD) analysis: URPD data shows that approximately 15.9% of the Bitcoin supply is concentrated not far below the current market price, forming a strong support cluster. Conversely, only 1.1% of the circulating supply is above the current market price, reducing the risk of top heaviness.
Conclusion and future market impact:
Following LTH’s high-intensity distribution during the $73K ATH period, selling pressure eased significantly, creating conditions conducive to higher prices even with moderate demand.The compression of volatility over longer time frames and the formation of a solid support cluster below current market prices indicate that the Bitcoin market is well-positioned for potential price growth. While the market may still be volatile, factors such as reduced selling pressure, continued moderate capital inflows, and reduced volatility point to a possible resumption of upward momentum in the Bitcoin market. However, investors should remain cautious, closely monitor market dynamics, and make decisions based on in-depth analysis of multiple factors.
#Crypto#链上数据 #BTC
2024 Crypto March Calendar.
Altcoin season is coming?
Altcoin season is coming?
Documentation data Update.
I was traveling recently and made a mistake a few days ago. The market moved abnormally, resulting in an 8.5% retracement.
I came back today and my net worth hit a new high🚀
Maintain awe of the market, rather miss than make mistakes, and stay patient. 🙏
#BTC #热门话题 #copytrading #跟单 #跟单推荐
I was traveling recently and made a mistake a few days ago. The market moved abnormally, resulting in an 8.5% retracement.
I came back today and my net worth hit a new high🚀
Maintain awe of the market, rather miss than make mistakes, and stay patient. 🙏
#BTC #热门话题 #copytrading #跟单 #跟单推荐
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