Linhly1993@

@linhly1993

205 Following

125 Followers

Linhly1993@ pfp

Pepe [PEPE] has resumed its downtrend after a brief bullish break, correlating closely with Bitcoin's [BTC] recent fall below $56k support. Network activity for PEPE has also declined significantly, with daily active addresses and new addresses down by 12.47% and 30.88% respectively. This trend is part of a longer-term decline in network health since May. Despite this, there is a potential buying opportunity if PEPE revisits its liquidity pool in the $0.00000588-$0.00000619 zone, which could lead to a trend reversal. However, the overall bearish sentiment driven by Bitcoin's performance may continue to influence PEPE's market dynamics.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

According to SoSoValue, as of September 6th (Eastern Time), Bitcoin spot ETFs experienced a total net outflow of $169.97M. Yesterday, Grayscale's ETF GBTC had a net outflow of $52.87M, bringing GBTC's total historical net outflow to $20.01B. Grayscale Bitcoin Mini Trust ETF BTC had a net outflow of $ 5.50M，bringing Grayscale Bitcoin Mini Trust ETF BTC's total historical net inflow to $333.97M. As of this writing, the total net asset value of Bitcoin spot ETFs stands at $48.24B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.62%. The historical cumulative net inflow has reached $16.89B.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Odaily Planet Daily News: According to Williams from the Federal Reserve, given the progress in reducing inflation and cooling the job market, it is appropriate for the Fed to cut interest rates now. The Fed has made "significant progress" in achieving the dual goals of maintaining price stability and full employment, and the risks of achieving these two goals are now in a "balanced" state. Williams expressed more confidence that inflation is steadily moving towards the central bank's 2% target, adding that the labor market is unlikely to be a source of future price pressures. Although Williams did not disclose the magnitude of the Fed's first rate cut, he stated that officials could shift policy towards neutrality. Over time, this depends on the evolution of data, prospects, and the risks of achieving our goals. (Jinshi)

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Ripple [XRP] is nearing a critical support level at $0.52 as it experiences a downturn in line with Bitcoin's recent market volatility, which has seen a 2% drop to $0.5494. Despite potential bearish trends, an analyst suggests Ripple could reach a $1 ceiling. The article discusses the influence of Bitcoin's volatility on Ripple, noting a decrease in XRP held on exchanges and a lack of significant price impact from this change. Additionally, despite rising open interest (OI) indicating potential bullish sentiment, Ripple's price has not shown corresponding increases, suggesting that broader market conditions and Bitcoin's performance continue to dominate XRP's price movements.

0 reply

0 recast

1 reaction

Linhly1993@ pfp

Solana has experienced significant growth in its network activity, primarily driven by a surge in NFT trades on platforms like Magic Eden and Tensor. The blockchain's daily unique active wallets have increased by 111% to 2.49 million, and DApp volumes have risen by 87%, reaching $83 million in the last 24 hours. Despite this, the SOL token is facing challenges in its market performance, with indicators like the Chaikin Money Flow and MACD showing weak buying pressure and bearish trends. The token has been testing the support level at $129, with potential resistance at $142.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

According to HODL15 Capital's post on X platform, the Bitcoin network's hash rate has reached 717 EH/s, with the latest data hitting 760 EH/s, potentially setting a new all-time high.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Kết bạn với nhau nhé

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Notcoin has seen a significant drop of 70% in its value since January, currently trading at $0.008488. Despite this decline, technical analysis indicates a potential short-term rebound, with key levels to watch at $0.00975 to $0.01018 and $0.0123 to $0.0129. However, fundamentals such as a decrease in Open Interest volume and reduced whale transactions suggest a lack of confidence among traders and investors, potentially limiting the rebound's strength.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Bridge, a company founded by alumni from Square and Coinbase, has successfully raised $40 million in a funding round led by Sequoia and Ribbit. This recent fundraising brings the total amount raised for the stablecoin-based payments network to $58 million, according to a report.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Stacks (STX) has seen a significant 17.88% increase in its price over the last week, currently trading at $1.74. This rise comes amid the broader crypto market's volatility, with Bitcoin dropping below $60k. The upcoming Nakamoto upgrade on August 28, which promises enhanced transaction speeds and reduced fees, is a key driver of STX's current performance. Market analysts, including Decilizer, predict a potential new all-time high for STX, targeting $2.78 if the market conditions remain favorable. Positive market sentiment is further supported by a bullish outlook from AMBCrypto and positive funding rates indicating strong demand for long positions.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Hong Kong Markets Authority has launched a tokenization sandbox named Ensemble, where HSBC bank has successfully completed three proof of concepts.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

MakerDAO, the decentralized autonomous organization behind the DAI stablecoin, has rebranded to Sky and introduced a new upgradeable token system. The rebranding includes the launch of Sky Dollar (USDS) and the option for DAI holders to upgrade their tokens to USDS at a 1:1 ratio. This change is part of MakerDAO's "Endgame" plan, aimed at expanding participation in its governance. The governance token MKR will also be upgradeable to SKY at a 1:24,000 ratio. Additionally, the platform will offer SKY token rewards and allow exchanges of ETH, USDC, and USDT for USDS. Existing DAI and MKR tokens will remain active, giving users the choice between old and new tokens. SubDAOs within MakerDAO have been rebranded to Stars, with Spark becoming the first Sky Star. The changes are designed to maintain decentralized governance and avoid external influence.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

According to Bloomberg, Russia is about to start a pilot project for cryptocurrency payments and transactions, scheduled to begin on September 1st. Russia will use the national payment card system to exchange between the ruble and cryptocurrencies when testing the payment and transaction platform. If the experiment is successful, it may allow the Moscow Exchange and the Saint Petersburg Currency Exchange to establish cryptocurrency platforms, where any existing cryptocurrency can be used for the experiment.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Foresight News: According to Coinglass data, the total liquidation in the past 24 hours amounted to 112 million USD. Among them, long positions liquidated 61.27 million USD, and short positions liquidated 50.85 million USD.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Odaily Planet Daily News: Julio Moreno, the research director of CryptoQuant, stated that due to the Federal Reserve's hint of starting an interest rate cut cycle, the demand for Bitcoin in the United States surged today, with the Bitcoin premium on the Coinbase platform reaching the highest level since July.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

The Salvadoran government cold wallet address has been buying 1 BTC every day since March 16, and has continued to do so. It has lasted for more than 5 months and has increased its holdings by 160 BTC. The Salvadoran government currently holds 5,850 BTC ($355.83M), with an average cost of $44,835 and a floating profit of $93.45M (+35%). @EmberCN

0 reply

0 recast

0 reaction

Linhly1993@ pfp

New York Stock Exchange Issues Low Stock Price Warning to Listed Blockchain Service Provider SOS Foresight News reported that the New York Stock Exchange (NYSE) issued a warning to SOS Limited, a blockchain-based service solutions provider, stating that SOS Limited has violated listing regulations by having its stock price below $1 for an extended period. The NYSE has requested SOS Limited to increase its stock price within six months; otherwise, it may face suspension and delisting. The company's stock price dropped by 4.13% to $0.7 in pre-market trading on the NASDAQ. SOS's stock price touched $1 on May 22nd and has since remained below the $1 mark.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Bitfarms Acquires Stronghold Digital Mining in $125M Deal Powered by ChatGPT Bitfarms has completed the acquisition of Stronghold Digital Mining in a deal valued at $125 million. As part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held.

0 reply

0 recast

0 reaction

Linhly1993@ pfp

JUST IN: 🇺🇸 Donald Trump says he would offer Elon Musk a cabinet or advisory role if elected President

0 reply

0 recast

0 reaction

Linhly1993@ pfp

Odaily Planet Daily News OKX market data shows that ETH has broken through 2600 USDT, currently trading at 2601.59 USDT, with a 24-hour decrease narrowed to 2.79%.

0 reply

0 recast

1 reaction