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@ypq

2045 Following
926 Followers
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Our lifelong goal is to break free from the expectations of others and find our true selves @seutabbi
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CryptoQuant founder and CEO KiYoungJu recently explained that although the supply of stablecoins continues to grow, the added trading volume is not enough to create enough buyer liquidity to drive up the price of Bitcoin. He pointed out that the current exchange reserve ratio of Bitcoin to stablecoins is about 6:1, which means that the amount of Bitcoin held on the exchange is six times that of stablecoins. In September 2021, the value of stablecoin reserves was approximately $30 billion. At present, the total market value of stablecoins is about $166 billion, but only 21% of them are used for trading, far lower than the 50% in 2021. KiYoungJu believes that although the supply of stablecoins continues to grow, in the current market cycle, stablecoins are mainly used for other purposes rather than trading. @satoshixdreams
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To love concrete life @seif
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According to Coindesk, a new academic paper published by cryptocurrency research firm ExponentialScience suggests that in some jurisdictions, a comprehensive ban on Bitcoin mining may actually lead to an overall increase in the industry's carbon emissions, as affected miners may relocate to new areas of the fossil fuel dependent power grid. The bans in the United States and Europe usually make the situation worse, while the ban in Kazakhstan has a positive impact on emissions. @tyonline @tdub
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Sophgo, an artificial intelligence company associated with Bitmain, stated in a statement that it has never had any direct or indirect business relationship with Huawei and has provided TSMC with a detailed investigation report. Previously, it was reported that the US Department of Commerce launched an investigation into TSMC earlier this month to confirm whether it provided chips to Huawei. Subsequently, TSMC stopped supplying chips to Sophgo, an artificial intelligence company associated with Bitmain. @ftor26
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Live in the present and don't anticipate tomorrow's troubles @dryhair
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According to Decrypt, JarettDunn (also known as Stacc) has requested to withdraw his guilty plea two months after admitting to the "attack" on Pump.fun. The charge is abuse of power and transfer of criminal property. This action resulted in his legal team withdrawing from the case. When the 'attack' occurred, JarettDunn, an employee of Pump.fun, expressed his desire to 'terminate' the agreement because it had 'unintentionally harmed people for a long time'. When JarettDunn stole about $2 million from the protocol, he sent these tokens to some random, unauthorized addresses. Although this' attack 'still harmed some everyday traders, a group of onlookers hailed Dunn as the Robin Hood of cryptocurrency. Jarett Dunn attended a hearing at Woodgreen Criminal Court in London, which was originally scheduled to deliver his verdict. If everything goes according to plan, he may face imprisonment for more than seven years. @seyvan
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According to Theblock, Federal Reserve Governor Christopher Waller stated at the 19th Vienna Macroeconomics Symposium in Austria that technological advancements can "drive improvements in financial efficiency". DeFi will not replace centralized finance, partly because intermediaries are still needed. Although some services that emerge through DeFi cannot be provided by centralized finance, the technological innovation brought by DeFi is largely a supplement to centralized finance. They have the potential to improve centralized finance, thereby increasing the significant value provided by financial intermediaries and centralized financial markets. Christopher Waller is one of the seven board members of the Federal Reserve and was nominated for the position by former President Donald Trump in 2020. Previously, Christopher Waller compared cryptocurrencies to baseball cards and leaned more towards the innovation of stablecoins rather than central bank digital currencies.
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Those with inner abundance stand out even when walking alone @sewerperson
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According to official announcements, Binance will end pre roll (SCR) trading on October 21, 2024 at 17:00 (GMT+8), and open the following spot trading pairs on October 22, 2024 at 16:00 (GMT+8): · Spot trading pairs: SCR/BTC, SCR/USDT, SCR/FDUSD, SCR/TRY · SCR recharge channel is now open · SCR withdrawal is expected to open on October 23, 2024 at 16:00 (GMT+8) · Transfer function will resume before 18:00 (GMT+8) on October 21, 2024. @esencia
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I will always mind what I mind @sewala1999
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Salvadoran, Vitalik, Harris, FTX1. Odinal founders release latest version Ordinals0.21.0; 2. El Salvador accepts a debt buyback offer totaling approximately $940 million; Vitalik has sold multiple Meme coins and exchanged them for 251.7 ETH; 4. SUI's market value has surpassed NEAR, and its cryptocurrency market value ranking has risen to 22nd place; Harris released his personal medical examination report, hoping to promote public scrutiny of Trump's health condition; Former FTX executive Ryan Salame announced his new position as a prisoner on LinkedIn before his imprisonment; Vitalik: 12 months ago, the discussion was about L1 extracting rent from L2, but now the situation is exactly the opposite. @seve @serc
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The world in headphones @durufi @ftiioma
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Coinbase analysts David Duong and David Han stated, "Despite the sluggish price trend of Bitcoin this week, market sentiment has remained largely unchanged, as evidenced by the stable perpetual contract funding rates and number of open contracts over the past week." Coinbase analysts pointed out that macro factors affecting cryptocurrency performance are shifting from monetary policy to the US election results, and despite recent increases in CPI and core PPI, market expectations for interest rate cuts remain generally stable. @rdcrypto007 @rdulion
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Less entanglement with people and more observation of nature @seijuro
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According to on chain data analyst Yu Jin's monitoring, @ 0xBoby1337 withdrew 1 million EIGENs (approximately 3.63 million US dollars) from Binance 5 hours ago, and then deposited all 3.01 million EIGENs (approximately 10.9 million US dollars) it held into EigenLayer staking, of which 1 million were withdrawn from Binance and the remaining 2.01 million came from airdrops. @ftiioma3
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Today is a girl with a fake smile @ftihfhhhf @surena1994
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According to Cryptoslate, according to a report from the Central Bank of Bolivia (BCB), the trading volume of virtual assets in Bolivia has more than doubled in the past three months since the lifting of the Bitcoin ban in June. During the period of July to September, the monthly average trading volume surged to $15.6 million, compared to $7.6 million in the first half of the year. This significant increase brought the total transaction volume for this quarter to $46.8 million, surpassing the level of the previous six months. The number of virtual asset transactions also increased by 141%, from 932000 in the same period to 1123000. This growth reflects the increasing acceptance of virtual assets by financial institutions and individual users. Since the issuance of Resolution 082/2024 on June 25th, the trading volume of virtual assets has surged. The resolution allows the use of electronic payment methods to purchase and sell virtual assets, with stablecoins accounting for the majority of transactions. @ttb
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None of us, including me, ever do great things. But we can all do small things, with great love, and together we can do something wonderful. – Mother Teresa @ftiioma2
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There is no standard answer to life @sewer1199.eth @seyeon
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