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Old financial people have returned to the circle! It turns out that the fixed income of the cryptocurrency circle can reach 33.6%! CeDeFi platform is just a money printing machine
While traditional financial people are still licking the financial sponsors of the client for 2.6% bonds, they accidentally entered the cryptocurrency circle and saw that BounceBit CeDeFi can actually achieve a return of 33.6%!
I suddenly felt like I had lived in vain for most of my life. I was still working in the traditional financial sector to make 100 basis points polishing shoes and buying breakfast for the client’s financial sponsor. I was so excited that I couldn’t sleep all night: “It turns out that the fixed income in the cryptocurrency circle can reach 33.6%!” In this transformation, BounceBit and its innovative CeDeFi (centralized-decentralized finance) model are leading the trend of the next generation of blockchain financial central platforms.
I suddenly felt like I had lived in vain for most of my life. I was still working in the traditional financial sector to make 100 basis points polishing shoes and buying breakfast for the client’s financial sponsor. I was so excited that I couldn’t sleep all night: “It turns out that the fixed income in the cryptocurrency circle can reach 33.6%!” In this transformation, BounceBit and its innovative CeDeFi (centralized-decentralized finance) model are leading the trend of the next generation of blockchain financial central platforms.
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Coin friend loses 20,000 in one day, three years wasted! Perhaps the new CeDeFi V2 is a better choice for beginners.
This market really does not recommend opening a position! In the past two days, retail investors have all been shorting Bitcoin contracts, and many coin friends have suffered heavy losses. A brother's funds of 20,000 directly went to zero in one day, and three years of hard work went down the drain!
However, for beginners, how to steadily move forward in such a market may be through the more stable profits of the new CeDeFi V2, which not only offers fixed returns but also $BB rewards.
CeDeFi, a combination of centralized and traditional decentralized finance (DeFi), has emerged in recent years in the digital currency field. The underlying concept is to integrate the stability of centralized finance (CeFi) with the innovation of decentralized finance (DeFi) to provide investors with safer, more convenient, and efficient asset management services.
However, for beginners, how to steadily move forward in such a market may be through the more stable profits of the new CeDeFi V2, which not only offers fixed returns but also $BB rewards.
CeDeFi, a combination of centralized and traditional decentralized finance (DeFi), has emerged in recent years in the digital currency field. The underlying concept is to integrate the stability of centralized finance (CeFi) with the innovation of decentralized finance (DeFi) to provide investors with safer, more convenient, and efficient asset management services.
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Shen Yu: We are only halfway up the rising mountain, prevent impulsive trading! Fearless of bull and bear: Utilize Bouncebit (BB) CeDeFi to realize Bitcoin appreciation
Shen Yu posted a picture an hour ago, telling the brothers not to sell, we are only halfway up the mountain! Brothers, definitely don’t learn from me; I cleared all my Bitcoin at 65,000. Recently, I discovered a good way to realize the appreciation of Bitcoin assets, which is to stake BTC on Bouncebit ($BB ) and enjoy an annualized return of about 16%!
Bouncebit (BB) is exactly this kind of 'financial expert'. It combines the stability of centralized finance (CeFi) with the flexibility of decentralized finance (DeFi), providing investors with a brand new CeDeFi ecosystem. In this system, you can enjoy an annualized return of about 16% by staking BTC. This means that by simply staking Bitcoin on Bouncebit (BB), you can sit back and watch your earnings grow day by day.
Bouncebit (BB) is exactly this kind of 'financial expert'. It combines the stability of centralized finance (CeFi) with the flexibility of decentralized finance (DeFi), providing investors with a brand new CeDeFi ecosystem. In this system, you can enjoy an annualized return of about 16% by staking BTC. This means that by simply staking Bitcoin on Bouncebit (BB), you can sit back and watch your earnings grow day by day.
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Upcoming Correction! Hurry to Start Hedging + Funding Rate Arbitrage Above 80K, Introduction to Bouncebit (BB) Bull Market Strategy
After Bitcoin's price broke 80,000, various altcoins have shown signs of fatigue today. I anticipate a market correction tonight. Brothers, hedging is an effective risk management tool when Bitcoin prices are high.
Hedging involves holding both spot and derivative contracts simultaneously to offset potential losses from price fluctuations. In the Bouncebit$BB ecosystem, users can leverage its integrated CeFi framework to conduct secure and compliant asset management using Ceffu MirrorX services:
1. Bouncebit ($BB ) Bull Market Strategy
Hedging involves holding both spot and derivative contracts simultaneously to offset potential losses from price fluctuations. In the Bouncebit$BB ecosystem, users can leverage its integrated CeFi framework to conduct secure and compliant asset management using Ceffu MirrorX services:
1. Bouncebit ($BB ) Bull Market Strategy
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What should I do? Just now, my short position has exploded again with a loss of 20,000. Yesterday there was a huge surge, and my short position exploded with a loss of 30,000. The day before yesterday was a big long, and I lost 30,000 on the long position. In just three days, the losses have approached 80,000. I haven't slept for three days and nights, and I don't even know how to explain this to my family. Three years of hard work down the drain.
I am also being foolish; why couldn't I just hold onto the spot? Why all this fuss and contracts? Even if I held $CKB in spot, I would have a monthly income of 5,000. I really regret it.
Next, let’s take a look at the CKB project:
CKB, as the native token of Nervos Network, is an innovative digital currency based on blockchain technology. It is not just a trading medium but also an important part of the Nervos open-source public blockchain ecosystem.
Nervos Network aims to address many challenges currently faced in the cryptocurrency space, such as scalability, security, and interoperability. The CKB coin enhances system security and decentralization through its unique consensus algorithm and transaction graph data structure, significantly improving its scalability.
Additionally, the compatibility of CKB coin with Ethereum smart contracts provides developers with a wide range of innovative opportunities, promoting the globalization of decentralized financial services.
The CKB coin has unique value and potential in the digital currency market. It supports fast, convenient, and low-cost transactions and can also be used to build decentralized applications (Dapp), providing users with rich smart contracts and distributed storage services.
The cross-chain trading capability of CKB coin makes asset transfer between different blockchains more convenient, further expanding its application scenarios.
As the Nervos Network ecosystem matures and evolves, CKB coin is expected to play a greater role in the digital currency field.
However, investors participating in CKB coin trading should fully understand the risks of the cryptocurrency market and make informed decisions based on their own risk tolerance and investment goals. #CKB助力比特币生态 @CKB Eco Fund
I am also being foolish; why couldn't I just hold onto the spot? Why all this fuss and contracts? Even if I held $CKB in spot, I would have a monthly income of 5,000. I really regret it.
Next, let’s take a look at the CKB project:
CKB, as the native token of Nervos Network, is an innovative digital currency based on blockchain technology. It is not just a trading medium but also an important part of the Nervos open-source public blockchain ecosystem.
Nervos Network aims to address many challenges currently faced in the cryptocurrency space, such as scalability, security, and interoperability. The CKB coin enhances system security and decentralization through its unique consensus algorithm and transaction graph data structure, significantly improving its scalability.
Additionally, the compatibility of CKB coin with Ethereum smart contracts provides developers with a wide range of innovative opportunities, promoting the globalization of decentralized financial services.
The CKB coin has unique value and potential in the digital currency market. It supports fast, convenient, and low-cost transactions and can also be used to build decentralized applications (Dapp), providing users with rich smart contracts and distributed storage services.
The cross-chain trading capability of CKB coin makes asset transfer between different blockchains more convenient, further expanding its application scenarios.
As the Nervos Network ecosystem matures and evolves, CKB coin is expected to play a greater role in the digital currency field.
However, investors participating in CKB coin trading should fully understand the risks of the cryptocurrency market and make informed decisions based on their own risk tolerance and investment goals. #CKB助力比特币生态 @CKB Eco Fund
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Bull Market Wealth Creation Machine: Seize the Brief Window Period and Use CKB to Issue Tokens on Bitcoin (Staking Token Issuance IBO)
Just today, the price of Bitcoin has surpassed 80000! Bitcoin ecosystem tokens are soaring across the board, and we have arrived at a valuable window for staking and issuing tokens! Today we will try to use $CKB to issue tokens on Bitcoin, issuing Bitcoin ecosystem tokens, so hurry up and get on board!
CKB 'One-Click Token Issuance' Function Window
I. CKB's asset issuance function on the Bitcoin chain
In the current wave of the digital currency market, CKB (Common Knowledge Byte), as a digital currency with powerful functions and high compatibility, is attracting more and more attention. CKB is the native token of the Nervos CKB blockchain. It not only has storage value and application value but also provides new possibilities for issuing assets on the Bitcoin chain through its innovative technology.
CKB 'One-Click Token Issuance' Function Window
I. CKB's asset issuance function on the Bitcoin chain
In the current wave of the digital currency market, CKB (Common Knowledge Byte), as a digital currency with powerful functions and high compatibility, is attracting more and more attention. CKB is the native token of the Nervos CKB blockchain. It not only has storage value and application value but also provides new possibilities for issuing assets on the Bitcoin chain through its innovative technology.
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IBO is Here! What is IBO? A Beginner's 10-Minute Guide to IBO, Steadily Earning Your First Pot of Gold in the Cryptocurrency World
For beginners, IBO (Initial Bitcoin Offering) may still be an unfamiliar term, but through this article, you will quickly grasp the basic concepts of IBO and learn how to steadily earn your first pot of gold in the cryptocurrency world.
I. What is the RGB++ Protocol? ($CKB )
First, we need to understand the RGB++ protocol. The RGB++ protocol is a programmable and performance-enhanced protocol specifically designed for Bitcoin. Unlike the traditional RGB protocol, RGB++ does not require cross-chain bridges and can utilize Turing-complete UTXO (Unspent Transaction Output) blockchain to solve client verification challenges. The RGB++ protocol not only ensures the native security of Bitcoin but also achieves bridge-free cross-chain and smart contract functionalities through the RGB++ Layer, becoming an independent and universal UTXO smart contract layer.
I. What is the RGB++ Protocol? ($CKB )
First, we need to understand the RGB++ protocol. The RGB++ protocol is a programmable and performance-enhanced protocol specifically designed for Bitcoin. Unlike the traditional RGB protocol, RGB++ does not require cross-chain bridges and can utilize Turing-complete UTXO (Unspent Transaction Output) blockchain to solve client verification challenges. The RGB++ protocol not only ensures the native security of Bitcoin but also achieves bridge-free cross-chain and smart contract functionalities through the RGB++ Layer, becoming an independent and universal UTXO smart contract layer.
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Quickly earn 600 JPoints! In just a few simple steps, add liquidity on UTXOSwap using JoyID and earn points (Beginner's Guide)
What is adding liquidity using JoyID on UTXOSwap?
Using JoyID to add liquidity on UTXOSwap means that users connect to the UTXOSwap decentralized trading platform through the JoyID wallet and deposit their CKB (the native token of the Nervos Network) and other tokens (such as NFTs or other CKB-based assets) into the UTXOSwap liquidity pool. The purpose of this action is to provide the market with the ability to trade pairs of these tokens, while users receive corresponding liquidity provider (LP) tokens as rewards for providing liquidity. These LP tokens not only represent the user's share in the liquidity pool but can also yield rewards in the future through removing liquidity or participating in governance.
Using JoyID to add liquidity on UTXOSwap means that users connect to the UTXOSwap decentralized trading platform through the JoyID wallet and deposit their CKB (the native token of the Nervos Network) and other tokens (such as NFTs or other CKB-based assets) into the UTXOSwap liquidity pool. The purpose of this action is to provide the market with the ability to trade pairs of these tokens, while users receive corresponding liquidity provider (LP) tokens as rewards for providing liquidity. These LP tokens not only represent the user's share in the liquidity pool but can also yield rewards in the future through removing liquidity or participating in governance.
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Inside Story of the Bull Market: Why Did CKB Surge by 198%! Nervos Community Members Received Huge Airdrops
Some time ago, $CKB (the native token of Nervos Network) ushered in an astonishing 198% increase. Many investors and melon-eating masses have speculated about the reasons behind the surge in CKB. What exactly is driving this wave of strong market performance for CKB? This article will reveal the real inside story of CKB's surge.
The truth behind the surge
The recent surge in CKB is not accidental, but stems from a major technological breakthrough in the Nervos community - the announcement of the upcoming launch of the next-generation lightning network Fiber Network (CFN). The announcement of this news has filled the market with expectations for the future of Nervos, thus driving up the price of CKB.
The truth behind the surge
The recent surge in CKB is not accidental, but stems from a major technological breakthrough in the Nervos community - the announcement of the upcoming launch of the next-generation lightning network Fiber Network (CFN). The announcement of this news has filled the market with expectations for the future of Nervos, thus driving up the price of CKB.
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CKB: The Pioneer of Bitcoin Programmability Expansion—The Future of Fiber Network and BTCFi
In the current era of periodic fluctuations in the cryptocurrency industry intertwined with the macro-financial environment, the market is experiencing a dual exhaustion of liquidity and narratives. However, just as history tends to repeat itself in some way, the cryptocurrency industry is also seeking a way out after its philosophical crisis, and this way may be hidden in the wisdom of Bitcoin and Satoshi Nakamoto. The Common Knowledge Base (CKB), as a Layer 2 solution for Bitcoin scalability, is leading a new chapter in Bitcoin programmability expansion with its unique technological advantages and innovative protocols.
CKB: The Uniqueness and Technological Advantages of Bitcoin Layer 2
CKB: The Uniqueness and Technological Advantages of Bitcoin Layer 2
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Earn 600U per month from cross-chain arbitrage! Cross-chain arbitrage: JoyID + Lightning Network to earn cross-chain price difference in seconds (practical tutorial)
After I was liquidated three times in a row, I stopped doing contracts and instead looked for more stable ways to make profits in the cryptocurrency world. After three months of research, I finally came up with one: cross-chain arbitrage, using the speed of JoyID + Lightning Network to earn cross-chain price differences in seconds.
The principle of cross-chain arbitrage is actually very simple, which is to find the price difference of the same asset between the chain and the exchange, and then quickly move it from the high-priced place to the low-priced place to earn the price difference. The most critical thing is speed, so the wallet I use for trading is JoyID+Lightning Network (the token is $CKB ), which can quickly transfer money and move it back and forth.
The principle of cross-chain arbitrage is actually very simple, which is to find the price difference of the same asset between the chain and the exchange, and then quickly move it from the high-priced place to the low-priced place to earn the price difference. The most critical thing is speed, so the wallet I use for trading is JoyID+Lightning Network (the token is $CKB ), which can quickly transfer money and move it back and forth.
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Brother Cattle
LIVE智链播报
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Issue Trump King (TRUMP KING) tokens! Use the RGB++ protocol to issue Trump King tokens in 10 minutes and trade them on the DEX built into the JoyID wallet (Note 1: 11.6)
The U.S. election is a godsend opportunity for cryptocurrency! As a small retail investor in crypto, try to issue a Trump King (TRUMP KING) cryptocurrency using the RGB++ protocol in just 10 minutes and trade it on the Bitcoin Layer 2 (i.e., CKB chain) to seize this huge flow of traffic.
This token issuance chose the RGB++ (
) protocol, mainly for two reasons:
Reason one: Since the deployment to the Bitcoin mainnet in early April, in less than nine months, the number of crypto assets issued through the RGB++ protocol has exceeded 3,000, with the first RGB++ asset SEAL having reached 168,500 holding addresses and a cumulative transaction volume exceeding 1,800 BTC.
This token issuance chose the RGB++ (
) protocol, mainly for two reasons:
Reason one: Since the deployment to the Bitcoin mainnet in early April, in less than nine months, the number of crypto assets issued through the RGB++ protocol has exceeded 3,000, with the first RGB++ asset SEAL having reached 168,500 holding addresses and a cumulative transaction volume exceeding 1,800 BTC.
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JoyID Wallet + Lightning Network: 0.5U transfer takes only 1 second! The future of the Bitcoin ecosystem is fast small transfers.
0.5U is equivalent to 0.00000001 BTC, roughly 3.5 RMB, which can buy a bottle of cola or a bottle of milk, making it a commonly used monetary amount.
<br /><br />The Bitcoin network generates an average of one block every 10 minutes and can handle a maximum of 7 transactions per second <br />
In the digital currency field, payment efficiency and security have always been the focus of user concern. With the rapid development of the Bitcoin Lightning Network, a brand new payment method is gradually changing our understanding of decentralized payments. JoyID, as the first Passkey wallet to support the Lightning Network, is leading a new experience in decentralized Bitcoin payments with its efficient and convenient features.
<br /><br />The Bitcoin network generates an average of one block every 10 minutes and can handle a maximum of 7 transactions per second <br />
In the digital currency field, payment efficiency and security have always been the focus of user concern. With the rapid development of the Bitcoin Lightning Network, a brand new payment method is gradually changing our understanding of decentralized payments. JoyID, as the first Passkey wallet to support the Lightning Network, is leading a new experience in decentralized Bitcoin payments with its efficient and convenient features.
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Trading is a practice that requires continuous reflection and summarization. Each trade is an opportunity for learning and growth. Whether successful or unsuccessful, one must reflect and summarize in a timely manner to extract lessons learned. Only through continuous reflection and summarization can one improve their trading skills. #合约交易联盟赛
LIVE新手学堂天使自治社区
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Bullish
⚔️10U War God Call 1/2 · Support Contract Trading League Special · Strategy Sharing
🛡 Inviting potential team leaders to guest in the voice live broadcast room, sharing trading strategies and interacting with listeners for votes; tune in on time, don't miss the valuable opportunity for advanced learning in contract trading.
Time: October 29, 2024, 20:00 (HKT)
Location: @币安广场
Host: Soda
Benefits: 100U speech reward + 100U post lottery
Guest Team Leaders:
· Eagle Capital - Current Team Ranking: 28 @重生之我是Tony
· Hongru Team - Current Team Ranking: 34 @超级罗杰斯
🧧 How to enter the lottery: Follow + quote this post with a comment of your contract trading insights and mention #合约交易联盟赛 , 5 people will win 20U; the backend will export data on Monday and conduct a random lottery.
Go to the APP personal center to enter '2024 Binance Trading League', join your favorite team, and compete with all teams for the best profit and loss ranking. The top 50 ranked teams will be eligible to share a prize pool of up to 3.5 million USDT.
Post lottery location: Go to the novice classroom square number to check this issue's announcement
Make an appointment to receive a broadcast reminder: 语音直播预约入口
#合约交易联盟赛 #新手学堂自治社区 $BNB
🛡 Inviting potential team leaders to guest in the voice live broadcast room, sharing trading strategies and interacting with listeners for votes; tune in on time, don't miss the valuable opportunity for advanced learning in contract trading.
Time: October 29, 2024, 20:00 (HKT)
Location: @币安广场
Host: Soda
Benefits: 100U speech reward + 100U post lottery
Guest Team Leaders:
· Eagle Capital - Current Team Ranking: 28 @重生之我是Tony
· Hongru Team - Current Team Ranking: 34 @超级罗杰斯
🧧 How to enter the lottery: Follow + quote this post with a comment of your contract trading insights and mention #合约交易联盟赛 , 5 people will win 20U; the backend will export data on Monday and conduct a random lottery.
Go to the APP personal center to enter '2024 Binance Trading League', join your favorite team, and compete with all teams for the best profit and loss ranking. The top 50 ranked teams will be eligible to share a prize pool of up to 3.5 million USDT.
Post lottery location: Go to the novice classroom square number to check this issue's announcement
Make an appointment to receive a broadcast reminder: 语音直播预约入口
#合约交易联盟赛 #新手学堂自治社区 $BNB
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How has the application of privacy protection technology progressed on the blockchain?
In the world of blockchain, privacy protection has always been a highly concerned issue. How can we ensure the transparency and traceability of the blockchain while protecting user privacy? In recent years, significant progress has been made in privacy protection technologies, such as zero-knowledge proofs and homomorphic encryption. However, how these technologies can be deeply integrated with blockchain technology still requires further research and exploration. #你问我答
In the world of blockchain, privacy protection has always been a highly concerned issue. How can we ensure the transparency and traceability of the blockchain while protecting user privacy? In recent years, significant progress has been made in privacy protection technologies, such as zero-knowledge proofs and homomorphic encryption. However, how these technologies can be deeply integrated with blockchain technology still requires further research and exploration. #你问我答
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$BTC is about to adjust, everyone hold on tight, it's likely to go to 63000, and if you're not careful, it will go straight up to 80000
LIVE新手学堂天使自治社区
--
Bullish
🔥The lucky draw is coming again + announcement-Binance Square | Newbie Academy·Face-to-face with experts x Newbie Exchange EP19
-Listen to the experts’ theme sharing and communicate with them face-to-face to get the latest information and insights; ask questions to the experts and have a chance to get surprise rewards.
Event time: October 22, 2024 20:00
Event location: @币安广场
Event host: Yammy
This issue’s benefits: 100U microphone reward + 100U post lucky draw
Experts and topics:
@0xUnicorn独角兽 ·Will the bull turn back? Multi-dimensional communication analysis, detect the pulse of the bull market~
🧧How to draw: Follow + quote this post to comment on your opinion on the next BTC market, 5 people will get 20U; the background will export data on Monday and draw randomly.
Book a live broadcast room immediately to receive a reminder to start broadcasting: If your version is too low, you may not be able to experience the latest features. Please check and update to v2.9 and above.
Book a live broadcast room immediately to receive a reminder to start broadcasting: 预约直播入口
#新手学堂 #抽奖 #BTC要挑战7W大关了吗？ $BNB
-Listen to the experts’ theme sharing and communicate with them face-to-face to get the latest information and insights; ask questions to the experts and have a chance to get surprise rewards.
Event time: October 22, 2024 20:00
Event location: @币安广场
Event host: Yammy
This issue’s benefits: 100U microphone reward + 100U post lucky draw
Experts and topics:
@0xUnicorn独角兽 ·Will the bull turn back? Multi-dimensional communication analysis, detect the pulse of the bull market~
🧧How to draw: Follow + quote this post to comment on your opinion on the next BTC market, 5 people will get 20U; the background will export data on Monday and draw randomly.
Book a live broadcast room immediately to receive a reminder to start broadcasting: If your version is too low, you may not be able to experience the latest features. Please check and update to v2.9 and above.
Book a live broadcast room immediately to receive a reminder to start broadcasting: 预约直播入口
#新手学堂 #抽奖 #BTC要挑战7W大关了吗？ $BNB
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Does Harris’ “Opportunity Agenda” Have to Do with Cryptocurrency?
Vice President Kamala Harris touted her “opportunity agenda” during a campaign speech Monday night but did not elaborate on what that means for digital assets.
Earlier in the day, the campaign unveiled a broad agenda that included her first substantive policy stance on cryptocurrency. But anyone hoping for more details from her speech in Erie, Pennsylvania, was disappointed.
Harris didn’t even mention “blockchain” or “digital assets” in passing, as he has done before, let alone cryptocurrency.
Earlier in the day, the campaign unveiled a broad agenda that included her first substantive policy stance on cryptocurrency. But anyone hoping for more details from her speech in Erie, Pennsylvania, was disappointed.
Harris didn’t even mention “blockchain” or “digital assets” in passing, as he has done before, let alone cryptocurrency.
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Aptos blockchain explained: technology, use cases and prospects
1. What is the Aptos blockchain?
Aptos aims to be a fast, scalable, and reliable blockchain that supports decentralized applications (DApps) and aims to accelerate the development of Web3.
Avery Ching and Mo Shaikh launched the Aptos blockchain on October 12, 2022. It is designed to achieve high throughput and low latency, meaning it can process approximately 160,000 transactions per second and verify them in less than 1 second on average.
Aptos technology natively integrates the Move language to provide these fast, secure transactions, allowing developers to write smart contracts and build DApps. Aptos provides everything you need to “build your big idea” and even incorporates artificial intelligence to make Web3 easy for novices and experts alike.
Aptos aims to be a fast, scalable, and reliable blockchain that supports decentralized applications (DApps) and aims to accelerate the development of Web3.
Avery Ching and Mo Shaikh launched the Aptos blockchain on October 12, 2022. It is designed to achieve high throughput and low latency, meaning it can process approximately 160,000 transactions per second and verify them in less than 1 second on average.
Aptos technology natively integrates the Move language to provide these fast, secure transactions, allowing developers to write smart contracts and build DApps. Aptos provides everything you need to “build your big idea” and even incorporates artificial intelligence to make Web3 easy for novices and experts alike.
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Why Bitcoin Could Hit a New All-Time High Above $73,000
summary
BTC’s “triple line breakout chart” suggests a bullish resolution to a seven-month corrective trend and is on track for a new all-time high.
The candlestick chart shows resistance around $70,000.
Traders focusing on the Bitcoin (BTC) daily candlestick chart may be getting bored as the price remains locked in a long-term directionless channel despite Monday’s gains. However, a less-traded “three-line breakout chart” now suggests a bullish outlook favors new all-time highs.
The leading cryptocurrency by market value rose more than 5% to $66,000, its biggest one-day gain since Aug. 23, according to CoinDesk Indices.
BTC’s “triple line breakout chart” suggests a bullish resolution to a seven-month corrective trend and is on track for a new all-time high.
The candlestick chart shows resistance around $70,000.
Traders focusing on the Bitcoin (BTC) daily candlestick chart may be getting bored as the price remains locked in a long-term directionless channel despite Monday’s gains. However, a less-traded “three-line breakout chart” now suggests a bullish outlook favors new all-time highs.
The leading cryptocurrency by market value rose more than 5% to $66,000, its biggest one-day gain since Aug. 23, according to CoinDesk Indices.
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Ranking of the world’s most crypto-friendly countries in 2024: A comprehensive comparison of regulation, taxation and development environment
Cryptocurrencies are revolutionizing the landscape of investments and digital assets, and driving economic growth in many regions. Recognizing this potential, many countries have adjusted their regulatory frameworks and introduced a series of legal measures to actively attract crypto businesses and startups to settle down. In 2024, crypto-friendly countries are emerging rapidly around the world, and some countries stand out for their positive attitude in promoting the development of crypto enterprises.
Research from SocialCapitalMarkets found that countries like Switzerland and Singapore have long been recognized as the friendliest crypto business environments, while countries such as Estonia, Malta and the United Arab Emirates have also made significant progress in this area. After in-depth analysis of the regulatory policies, tax frameworks and business environments of these countries, they selected the ten most promising countries in the world for the future development of crypto businesses.
Research from SocialCapitalMarkets found that countries like Switzerland and Singapore have long been recognized as the friendliest crypto business environments, while countries such as Estonia, Malta and the United Arab Emirates have also made significant progress in this area. After in-depth analysis of the regulatory policies, tax frameworks and business environments of these countries, they selected the ten most promising countries in the world for the future development of crypto businesses.
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