Be free from worries and hesitations, let go of gains and losses, and live with ease and calm. Free from worries and hesitations, let go of gains and losses, and live with ease and calm. $TWT
$牛来 has become so popular, and even then its market value is only a little over $100 million—so memes are the easiest to break out and they create the strongest wealth effect. In the crypto world, there are only two kinds of assets worth buying: one is value coins with profits, buybacks, and token burns; the other is the meme sector, which represents the sentiment in crypto. When crypto rises, the meme sector will definitely rise too—other sectors might not.
$ZEC The double-top pattern has already formed. This is also after the ETF-related major positive news—then a short squeeze likely pushed it to the top. Most likely, it’s a bear-market rally pumping for distribution.
$牛来 was just launched yesterday, and the broad market started to fall. The weekly line we closed today looks mediocre; I expect it will still rise to touch the monthly resistance level. There’s also another rebound—shorting BNB and ETH; going long on BTC and SOL is a relatively better strategy. Early September is coming soon; the September wealth code will be updated tomorrow.
Growth has started: $CRCL A billion a week—during a bull market, growth will only accelerate. In a three-year bull market, growth is expected to exceed 100 billion+
Binance News
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Circle net issued about 1 billion additional USDC within 7 days
Within the 7 days up to August 27, Circle issued about 11.2 billion USDC, redeemed about 10.2 billion, and increased the circulating supply by about 1 billion. Total USDC circulation is 73.7 billion, with reserves of about $74.0 billion, including overnight reverse repo of about $49.6 billion, Treasury bills with maturities less than 3 months of about $13.2 billion, deposits from systemically important institutions of about $10.5 billion, and other bank deposits of about $0.7 billion.
The strongest crypto + U.S. stocks in a bull market = the strongest combination $MSTR $BMNR $CRCL When the bear market falls, it falls with leverage. Likewise, when it rises, it rises with leverage. After a sharp drop in a bull market, when you feel it can’t fall any further, you can pick a few of these to buy spot. It’s even more exciting than altcoins. When it rises, the pullbacks are not very large, unless it is nearing a bear market. Make the most of the bull market over these three years.
$SOL The on-chain USDC volume has surged dramatically. In the future, it will be the leading stablecoin and also the meme-chain leader—it's going to pump the hardest. $BONK $WIF PNUT PENGU
$ZEC Good news: ETF launched, and the advantage is now turning into a disadvantage. Management fee is 2.5%. If you buy and hold it for one year, you’ll be charged a 2.5% cut. The coin price is still high—lots of money will rush in to buy, and then something’s up 👻 The air force will concentrate and win.
BlockBeats message. On August 25, Grayscale’s Zcash spot ETF was officially listed for trading on the NYSE Arca, with the stock ticker ZCSH. It became the world’s first exchange-traded product to offer spot exposure to Zcash (ZEC). The product’s predecessor was the Grayscale Zcash Trust, which was established in October 2017 in the form of a private placement.
Grayscale said that ZCSH is intended to meet investors’ demand for access to crypto asset exposure through traditional brokerage accounts, beyond Bitcoin and Ethereum. Steve Vanourny, head of Grayscale’s index business, said that Zcash has nearly a decade of network history, a fixed supply cap of 21 million coins, and a PoW mechanism, and also includes optional privacy features that Bitcoin does not have. The company positions ZCSH as a high-risk satellite allocation within a digital asset portfolio.
$ZEC Bianance entered the watchlist, removed itself from the watchlist, and then major exchanges delisted and relisted it. Afterwards, it surged dozens of times. $AAVE The cross-chain ETH had issues, bad debts appeared, and it soon bottomed out, then rebounded. $BONK It was attacked by vote manipulation; one person took the tokens, it first fell, then quickly surged. STX underwent a hard fork upgrade with 99% approval rate for support; it was added to Binance’s watchlist, then it dropped, and now it’s skyrocketing. Later, if it gets removed from the watchlist, it will skyrocket massively. For good-quality assets—or what’s next to be hype—first they will create negative news to make the market panic, holding onto bloodied chips; then they will keep pumping it up by 10x, dozens of times, or even 100x.