If the annual profit of $USDT reaches more than 20, how many people will participate in the current launchpad? Can any experts calculate the return on new projects?
Is a Bitcoin bull market coming? As of mid-January 2024, Bitcoin exchange-traded funds (ETFs) have been unveiled, introducing Bitcoin to the traditional market. Combined with the fact that the halving event is just around the corner, all of these are bullish signs! However, in the world of crypto, there is often more than meets the eye. This Bitcoin price prediction will explore some of the more obscure aspects of Bitcoin—undervalued fundamentals, hidden technical moves, and more—to help you decide whether Bitcoin is worth it in 2024, 2025, and beyond Put in the effort.
Bitcoin exchange-traded funds (ETFs) now hold almost 4% of all Bitcoin, and their accumulation shows no sign of slowing down
Bitcoin has attracted some of Wall Street's biggest players, who have flooded in as new buyers and amassed some massive reserves. U.S. Bitcoin exchange-traded funds (ETFs) now hold almost 4% of all Bitcoin. As of Friday morning, spot funds held a total of 776,464 BTC (approximately $47.7 billion), according to BitMEX Research. The total number of Bitcoins currently in circulation is 19.64 million ($1.21 trillion), and will reach the upper limit of 21 million in the next century or so. Led by Grayscale’s Bitcoin Trust (GBTC), this group of 10 physically-backed funds launched on January 11 and now holds some of the largest reserves in the space.
Hong Kong’s largest Bitcoin futures ETF, the CSOP Bitcoin Futures ETF, has seen its assets under management grow five-fold in the past five months, reaching 5,000,000 as Hong Kong investors chase Bitcoin’s rally, Reuters reported Just over $100 million. CSOP Asset Management said demand increased significantly in February. Alessandro Zhu, deputy head of crypto products at CSOP Asset Management, said the U.S. approval and launch of spot Bitcoin exchange-traded funds this year has spurred demand from investors who believe the token’s limited supply will drive up prices. Bitcoin has significantly outperformed Hong Kong stocks, which has also boosted demand, he added. The average daily trading volume of CSOP Bitcoin Futures ETF has jumped to US$2.8 million this year, compared with US$970,000 last year, and is now on par with the trading volume of some Hong Kong real estate giants such as Wharf Group (0004.HK). $BTC
Data monitored by blockchain data firm Arkham Intelligence shows that nearly $1 billion worth of Bitcoin was transferred from wallets labeled as holding funds seized by the Bitfinex hacker by the U.S. government. In less than two hours, two related wallets transferred approximately 15,118 Bitcoins worth approximately $923 million to unknown addresses in four transactions. The motive or purpose of the transaction was unclear. According to Arkham, another U.S. government wallet contains approximately 94,600 Bitcoins confiscated from the Bitfinex hackers, worth approximately $5.79 billion at current prices. According to a press release from the U.S. Department of Justice in August, the agency seized approximately 95,000 stolen Bitcoins, worth approximately $3.6 billion at the time, from crypto wallets controlled by Bitfinex hackers.
To BTC investors: The 2024 Bitcoin halving may be a positive, but the gains are shrinking with each cycle
Bitcoin’s current rise comes at the intersection of two optimistic scenarios: The halving will cut new supply in half in less than eight weeks, and at the same time, spot funds are already gobbling up Bitcoin faster than mining. In addition to new demand for spot ETFs, the halving is often seen as a catalyst for huge growth in Bitcoin’s price. But over the past two cycles, it was the crypto market, not just Bitcoin, that benefited the most. Starting one year before each halving, Bitcoin peaked at: - A year after the 2012 halving, there was a 50,000% increase. - 8,500% growth nearly a year and a half after the 2016 halving.
B2 Network Full Score Nanny Level Tutorial Need wallet: little fox and unisat Unisat wallet Google store download: https://chromewebstore.google.com/detail/unisat-wallet/ppbibelpcjmhbdihakflkdcoccbgbkpo?hl=zh-CN&utm_source=ext_sidebar B2 website: https://task.bsquared.network/leaderboard?code=xrmTPaq Invitation code: xrmTPaq btc test water: https://bitcoinfaucet.uo1.net/send.php (temporarily no water) https://kuttler.eu/en/bitcoin/btc/faucet/ (slightly slower) https://tbtc.bitaps.com/ (most water)
At 22:17 today, the Grayscale address transferred 830 Bitcoins to the Coinbase Prime Deposit address, with a transaction value of approximately US$47.42 million. $BTC
Taking B² Network as an example, why BTC Layer2 needs "modularization"
Why is the BTC network more suitable for modularity? Which components of BTC Layer2 are suitable for modularization? What new business landscape will modularity bring to BTC layer2? This article will discuss BSquaredNetwork as an example.
In the field of Ethereum L2, modularization has become the only way to challenge the monolithic chain. Celestia started a DA War, Espresso used the shared Sequencer ultimate move, and Altlayer threw Rollup AS A Service. A To C operation market that was originally driven by users and ecology has turned into a To B market with unlimited imagination through Stack's strategic planning. We can’t help but ask, what will happen if “modularization” is implemented in BTC layer 2?