5 must-read articles in the evening | Has the currency price plummeted below the holding cost of mainstream institutions?

1. BTC has not peaked yet this year?

Although BTC has achieved an increase of more than 550% this year, according to the data on the chain, there is still a large increase. What is the reason behind it? It can be summed up in one word: Coin Days Destroyed Click to read

2. Chief Investment Officer of Arca: Which encryption fields in the "little bear market" deserve attention?

Golden Evening News | List of important developments on the evening of July 6: 12:00-21:00 Keywords: Central Bank Business Management Department, Beijing Monetary Authority, Ethereum developers, UBS, NYDIG, Polkastarter

1. Ethereum developers plan to synchronize the status of the merger of Eth1 and Eth2 in Q3

2. Swiss bank Sygnum now offers Ethereum 2.0 staking services

3. The Central Bank’s Business Management Department and the Beijing Financial Management Bureau issued risk warnings on preventing virtual currency trading activities

4. Investview Reports Total Monthly Bitcoin Mining Revenue of $2.2 Million

5. Bancor has whitelisted COMP (Compound)

6. Allied Partners with NYDIG to Integrate Bitcoin Services into Financial Institution Bill Payment Platform

7. Survey: 82% of surveyed institutional investors expect to increase cryptocurrency exposure in 2023

8. Polkastarter releases Q2 quarterly review: 23 projects raised a total of $4.6 million

9. Celsius Network CEO: Bitcoin can only soar above $140,000 after the last sell-off [2021/7/6 0:31:42]

In fact, as early as 2008, when the stock exchange was very depressed, there were still many wealthy and savvy buyers who continued to buy stocks, and now it seems that they are basically correct. This requires investors to have extremely firm beliefs. Similarly, a similar thing is happening in the current cryptocurrency market. As long as you have cash in your hand, you don't have to worry about the price level, just continue to deploy in the assets you believe in. As long as your overall valuation is headed in the right direction, it doesn't matter much, you just buy a little at each price point without much thought for when to buy. click to read

Golden Evening News｜A list of important news on the evening of July 24: 12:00-21:00 Keywords: Ethereum options, Poland, Ali, Czech National Bank, Tencent blockchain patents

1. Deribit Ethereum options trading volume and open interest both hit new highs.

2. The Polish Financial Supervisory Authority is considering regulating cryptocurrencies and is currently seeking market feedback.

3. Ali Pingtouge launched the first commercial chip solution for blockchain scenarios.

4. More than 1,000 Twitter employees have internal access to help hackers break into accounts.

5. Tencent's blockchain patent application ranks first.

6. The Cardano Foundation partners with Swiss fintech company Lykke.

7. Swiss digital asset broker Bitcoin Suisse completed round A financing of approximately US$48 million.

8. Czech National Bank: The central bank's digital currency can "helicopter money" and currently does not issue CBDC.

9. Learning Times: Under the background of Sino-US trade friction, digital currency may become a new dimension of competition between the two countries. [2020/7/24]

3. DeFi Protocols Face Stress Test Amid Crypto Market Slump Are They Alright?

Golden Evening News | List of important news on the evening of January 23: 12:00-21:00 Keywords: Central Bank of Thailand digital currency, Telegram, Xiongan, Vitalik, Bitcoin ETF

1. Jiangxi: Vigorously promote the integration and development of rare earth industry and blockchain technology.

2. Governor of the Bank of Thailand: Inthanon, the Bank of Thailand's digital currency project, has made good progress.

3. The Blockchain Association, an American advocacy group, supports Telegram’s token sale in compliance with securities laws.

4. The first financial construction fund management block chain information system in Xiong'an New District went online.

5. V God: BCH 12.5% reward proposal is a mandatory soft fork.

6. VanEck CEO: VanEck Bitcoin ETF will eventually be approved, just not soon.

7. BTC is currently at $8,411, down 2.73% in the past 24 hours, with a market value of $152.461 billion. [2020/1/23]

We hope that by summarizing some macro data of the DeFi world, combined with the data presented by some core DeFi protocols in this weekend's market fluctuations, we can clearly understand from point to surface, in this market fluctuation, the role of these DeFi protocols in this black swan event Performance in the induced stress test. click to read

4. Has the currency price plummeted below the holding cost of mainstream institutions?

I have checked the cost of mainstream institutions to acquire Bitcoin, good guy, some of them are higher than me. click to read

5. Vitalik responded to Musk: Improving blockchain scalability is not easy

Some time ago, Tesla founder Musk tweeted that Dogecoin can ideally speed up the block confirmation time by 10 times, increase the block size by 10 times, and reduce the handling fee by 100 times, and then it will easily win .

This statement has aroused criticism from many KOLs in the encryption industry. Vitalik, the founder of Ethereum, also wrote an article about this matter today, saying that simply improving the parameters of the blockchain network will lead to more troubles, and elaborated on the improvement of the performance of the blockchain network. problems and limitations that need to be faced. Click to read

Tags：

Huobi Exchange