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Kelly M Reiff

@kelly-reiff

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Kelly M Reiff pfp
Kelly M Reiff
@kelly-reiff
Norway's sovereign wealth fund indirectly holds 2,446 BTC, up by 938 from last year. The increase is mainly due to algorithmic allocation and risk diversification, indicating Bitcoin’s growing acceptance as a mature asset. The fund achieved this growth through investments in MicroStrategy, Marathon Digital, Coinbase, and Block Inc.
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Kelly M Reiff
@kelly-reiff
Follow us for real-time updates! #Airdrop #Crypto #Blockchain
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Kelly M Reiff
@kelly-reiff
On August 13, Animoca Brands became a validator for ZetaChain, advancing the goal of seamless multi-chain connectivity and widespread digital asset adoption. Combining Animoca Brands' blockchain expertise with ZetaChain's ZRC-20 token standard will accelerate the development of full-chain dApps, enhancing security and user experience.
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Kelly M Reiff
@kelly-reiff
Both BTC and ETH spot ETFs experienced net outflows, indicating unfriendly user sentiment. Despite declining inflation expectations and PPI data, suggesting opportunities for inflation to ease, living costs in the US remain high, with credit card debt reaching historic highs.
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Kelly M Reiff
@kelly-reiff
It has been over two months since the end of Binance LaunchPool's IO,withexcellentconfidentialityandnosignificantpriceincrease.TheTON LaunchPool adds spark to the lukewarm market, and its popular ecosystem is expected to drive sentiment.
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Kelly M Reiff
@kelly-reiff
The current upper limit of liquid BTC in the market is approximately 2.2 million, with exchange inventories around 3 million. In the past four months, about 90,000 BTC have been transferred in without being withdrawn, and daily on-chain trading volume is around 120,000 BTC, with about 20,000 BTC transferred into exchanges. If daily BTC spot ETF purchases exceed 20,000 BTC, the probability of price declines is low. If exchange inventories cannot be consistently reduced, the risk of black swan events is proportional to inventories, and circulating BTC will gradually decrease.
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Kelly M Reiff
@kelly-reiff
Analyzing current BTC distribution, we find that out of the total 19,738,165 BTC mined, 12,913,695 have been held for over a year without movement. Global spot ETF holdings account for 985,794 BTC, with the USA holding 912,369. Notably, even when BTC pri
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Kelly M Reiff
@kelly-reiff
The US economic recession definition includes consecutive GDP decline and unemployment criteria. With GDP rising from 1.4% to 2.8%, it doesn't fit the recession criteria. Unemployment also matters.
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Kelly M Reiff
@kelly-reiff
Currently, the crypto market lacks an independent narrative, relying on two main factors for price movements. Firstly, macroeconomics, especially US narratives, influence liquidity and thus crypto prices. Secondly, high-profile events like BTC and ETH spot ETFs gain media attention, potentially driving trading volume. Limited liquidity in this high-interest rate environment favors top assets. Market sentiment improves initially when interest rates drop, barring economic recession. Additionally, the upcoming election cycle could stimulate liquidity, as candidates' promises, whether fulfilled or not, impact market expectations. With the approval of BTC and ETH spot ETFs, crypto market cycles are increasingly aligned with traditional US financial markets, emphasizing the importance of liquidity.
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Kelly M Reiff
@kelly-reiff
英文版： According to a report by Blockchain Network, the CEO of Aymara International Fund stated that the market strongly expects the United States to start lowering interest rates from September, but nothing is certain. The rate cut next month will still depend on the upcoming economic data. Inflation has been declining and is approaching the Federal Reserve's target, while high interest rates continue to pose pressure on the economy and job market. The Federal Reserve maintained interest rates unchanged on Wednesday but opened the door for a rate cut in September. The market currently anticipates three potential rate cuts this year, with further reductions expected in 2025.
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Kelly M Reiff
@kelly-reiff
According to tonscan data, the TON network currently has 682.7 million TON tokens staked, representing 27.13% of the circulating supply. With a 3.4% APY, the network boasts 400 validator nodes.
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Kelly M Reiff pfp
Kelly M Reiff
@kelly-reiff
According to tonscan data, the TON network currently has a total of 682.7 million TON tokens staked, accounting for 27.13% of the circulating supply (2.516 billion tokens). The current staking APY is 3.4%, and the network has a total of 400 validator nodes.
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Kelly M Reiff
@kelly-reiff
According to Arkham data, the Bitcoin holdings of the Mt.Gox wallet address in Mt. Gox are dynamic. As of different time points, the holdings have varied. It is recommended to directly query the latest data for accurate information.
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Kelly M Reiff pfp
Kelly M Reiff
@kelly-reiff
According to a report by Blockchain Network, OKX has announced that it will cease USDC deposit and withdrawal services on the Optimism (bridging) network at 10:00 Beijing time on August 5, 2024.
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Kelly M Reiff
@kelly-reiff
According to a report by Blockchain Network, the market data for WIF indicates that it has fallen below 2,currentlytradingat1.99, with an intraday decline of 14.22%. The market is experiencing significant volatility, and investors are advised to exercise caution and manage risks accordingly.
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Kelly M Reiff
@kelly-reiff
🙃 Bitget Wallet has risen to the top of the overall App Store rankings in Nigeria, surpassing popular apps like Tiktok, Telegram, WhatsApp, and Instagram. Another financial tool on the list is OPay, which ranks third. Previously, Bitget announced an investment in and acquisition of control of BitKeep, which has been renamed Bitget Wallet.
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Kelly M Reiff
@kelly-reiff
Binance US affiliates are permitted to legally manage client assets, including investing in US treasuries, during litigation, subject to a set of regulations ensuring transparency and legality.
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Kelly M Reiff pfp
Kelly M Reiff
@kelly-reiff
Data from BTC spot ETFs shows a decline in purchasing power among US investors, with multiple institutions reporting zero increases. Macroeconomic data such as unemployment rates have a significant impact on market expectations and investor behavior, with Hong Kong investors aligning their sentiment.
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Kelly M Reiff pfp
Kelly M Reiff
@kelly-reiff
The core hidden condition of this statement is a strong awareness of risk. For large funds, the primary concern is not the rate of return, but compliance, followed by safety, then the return cycle and liquidity, next is the position safety line, and finally the return on investment. The goal of investment is to maximize the winning rate and minimize the failure rate, not to gamble. It is difficult to achieve a real turnaround through gambling; gambling is truly a one-way street.
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Kelly M Reiff
@kelly-reiff
Polygon plans to migrate MATIC to POL on September 4 The Polygon Foundation announced on Platform X that Polygon's mainnet upgrade is scheduled to take place on September 4, 2024, and POL will replace MATIC as Polygon PoS 'native gas and pledge token, subject to community approval. POL will play a key role in the AggLayer.
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