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@nkg

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493 Followers
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@nkg
Every man is a poet when he is in love. @didi52970
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@nkg According to Marketwatch, SaxoBank analyst Kim Kramer Larsson stated that if Bitcoin falls below the support level of $90690, it may face a greater decline. In the past five days, the price of Bitcoin has fallen by 3.9%, but it rose by 2.6% on Friday, trading at around $94061. Currently, it is down about 13.2% from its historical high of $108309 set on December 17, 2024. Kramer Larsson analyzed that Bitcoin is forming a top based on the so-called shoulder shape, which is a chart shape in technical analysis that predicts a reversal from a bullish trend to a bearish trend. If Bitcoin falls below the support level of around $90680, it may face a drop to $73000. @gyokeres
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@nkg Bitget is about to launch the Launchpool project Treat (TREAT), with a total prize pool of 87.45 million TREATs. The lock up period is from 19:00 on January 14th to 19:00 on January 17th (UTC+8). This round of Launchpool has opened two lock up pools, as follows: BGB lock up pool ordinary user staking limit: 5000 BGBVIP user staking limit: 30000 BGB total prize pool: 79.5 million TREAT USDT lock up pool (only for new users to participate) staking limit: 2000 USDT total prize pool: 7.95 million TREAT @yoginth
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According to market data, the FAI of the AI concept coin on the Base chain has exceeded 0.065 US dollars, with a current price of 0.06404 US dollars and a 24-hour increase of 21.6%. The market is volatile, so please take good risk control measures. Note: The AI game project FreysaAI (FAI) interacts with players through a chat interface, and players only need to persuade the agent Freysa to hand over the cryptocurrency they control. Freysa will charge increasingly higher fees for each interaction. The cost of sending the first message to Freysa is $10, and the cost of each subsequent message will exponentially increase by 0.78% (up to $4500), denominated in ETH on the Base blockchain. @tiffatronn
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I am not afraid of tomorrow for I have seen yesterday and love today. @fitralah
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Slowmist has released the "2024 Blockchain Security and Anti Money Laundering Annual Report", which shows a total of 410 security incidents and losses of up to 2.013 billion US dollars in 2024. Compared to 2023 (464 cases, with a loss of approximately 2.486 billion US dollars), the loss decreased by 19.02% year-on-year. From the perspective of the project track, DeFi remains the most frequently attacked field. In 2024, there were a total of 339 DeFi security incidents, accounting for 82.68% of the total security incidents, resulting in a loss of up to 1.029 billion US dollars. Compared to 2023 (282 incidents, with a loss of approximately 773 million US dollars), the loss increased by 33.12% year-on-year. @ftiioma3
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Our relationship is meant to be. @escapehardlife
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The Italian parliament has finally approved the 2025 budget just days before the year-end deadline, which is an important victory for Prime Minister Meloni. Meloni and his Finance Minister Giorgetti jointly developed a tax reduction plan aimed at winning the support of voters while complying with the EU's fiscal rules. The government plans to reduce the national deficit to 3.3% of next year's GDP and lower it below the EU mandated 3% ceiling by 2026. At the last minute, adjustments were made to the budget, including the decision to maintain the cryptocurrency tax rate at 26% in 2025 and increase it to 33% in 2026, instead of the initially proposed 42%. The Italian Prime Minister has promised to reduce taxes for the middle and low-income groups, which will help consolidate his ruling position. However, this also means that according to EU standards, the pace of returning to fiscal stability will be slower. @ftor36
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You are the best thing I never planned. @tiegenhof
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According to DefiLlama data, Bitget's net inflow in the past 7 days reached $1.332 billion, ranking first among global CEX platforms, while Binance's net inflow during the same period was $520 million. ChainCatcher previously reported that the Bitget team has released a new version of the BGB white paper, announcing the introduction of a buyback and destruction mechanism. In the first destruction, 800 million BGBs held by the core team will be destroyed at once, accounting for 40% of the total supply. Based on the current price of BGBs, the value of the destroyed portion exceeds 5 billion US dollars. After destruction, the total supply of BGB will be reduced to 1.2 billion and 100% fully circulated. @rtuiojbbk
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A good medicine tastes bitter. @ygoralmeida2
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Polygon revealed in a post on the X platform that a first edition holographic Spitfire Dragon Pok Γ© mon card, issued in 1999 and in good condition, will be tokenized through the Ethereum extension network Polygon and auctioned by the collectibles platform Courtyard. It is reported that the card will be securely stored in Brink's vault and is currently estimated to be worth up to $250000. Marc Boiron added that this auction is not just about Spitfire Dragon cards, but also showcases how blockchain can completely change the world of collectibles. According to a representative from PolygonLabs, they purchased this card from a well-known seller. According to market data since 2020, similar initial versions of the Spitfire Dragon Pok Γ© mon card are priced between $264000 and $400000. @ftiioma
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According to Bloomberg, Bitcoin has fallen after hitting a historic high, and some traders are seeking to hedge against deeper pullback risks. Funding rates are a key indicator of leverage in the cryptocurrency market and are currently approaching historical highs. This data indicates that traders are willing to pay high premiums to increase the leverage of their long bets, and perpetual contracts are one of the most commonly used products for investors to double their bets on the directional trend of Bitcoin prices. As demonstrated by previous bull markets, high funding rates may lay the groundwork for a correction. Natana Γ« l Cohen, co-founder of digital asset hedge fund INDIGOFund, said that the funding rate is a good way to judge the degree of market overheating, but it can also be very dangerous because it may remain high for longer than expected. @gpiriou
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Action may not always bring happiness; but there is no happiness without action. @seo02
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Hakeem Jeffries, the Democratic leader of the United States House of Representatives, stated that during Thanksgiving, his party's lawmakers were subjected to "violent threats," including bomb warnings and false reporting of police information to law enforcement in an attempt to lure the SWAT team to their doorstep and harm homeowners. Prior to this, the cabinet nominees of President Donald Trump had also experienced similar incidents. The 'MAGA' he referred to refers to Trump's political slogan of 'Make America Great Again'. @drivenbyboredom
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George Milling Stanley, Chief Gold Strategist at State Street Global Investment Management, believes that the recent surge in Bitcoin may have given investors a false sense of security. Milling Stanley stated, "Simply put, Bitcoin is an investment that seeks returns, indicating that investors flock to Bitcoin for capital gains rather than because they see the value or purpose of Bitcoin." The launch of options based on spot Bitcoin ETFs last week may be related to this, allowing investors to invest less cash to bet on Bitcoin's price fluctuations rather than buying Bitcoin itself. @ftima
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According to the latest report from asset management giant VanEck, this rebound seems to have just begun based on key indicators. VanEck analyzed three key indicators: funding rate, relative unrealized profit (RUP), and retail interest trend. Since November 12th, the perpetual futures funding rate has been consistently above 10%, indicating an increasing bullish momentum; In addition, the current 30 day moving average relative unrealized profit level is about 0.54, which usually indicates that the market will reach its peak in a longer period of time; The popularity of search terms is only 34% of the high point in May 2021, indicating that speculative frenzy has not yet spread, and the re participation of retail investors will give Bitcoin further room to rise. @yigitgurbulak
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Great minds have purpose; others have wishes. @eiffeliceiceice
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According to a report by Golden Jubilee, Chicago Fed President Austin Gusby and Fed Governor Michelle Bauman expressed completely different views on the theoretical neutral interest rate level, which refers to the interest rate level that can balance the Fed's various economic goals. Gusby emphasized that the Federal Reserve still needs to further cut interest rates to reach this level - he called the rate "far below the level we are currently at". Bauman, on the other hand, said, 'We may be closer to a neutral policy stance than we currently believe.'. FHN Financial's Will Conneller pointed out that it is not surprising to see such divergence, given that in the September forecast, Fed officials anonymously estimated the neutral interest rate range to be between 2.375% and 3.75%. @ygor
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The greatest test of courage on earth is to bear defeat without losing heart. @sewilyaw
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