Evening must-read 5 articles | Did the debut of the Ethereum ETF meet expectations?

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1. Coingecko: How high can BTC, ETH, and SOL rise in this bull market?

43.7% of cryptocurrency participants expect Bitcoin to break $100,000 this cycle, indicating that the market has relatively high expectations for the largest cryptocurrency by market capitalization. The next most popular Bitcoin price prediction is the $91,000 to $100,000 range, selected by 17.0% of survey respondents. On the other hand, 15.0% are pessimistic, predicting that the highest price of Bitcoin in this cycle will only be $75,000. Click to read

2. CoinList: How do Sybil attacks disrupt token issuance?

Token launch is one of the most important moments in a project’s history. If you screw up your token launch, your project could be doomed. Nothing can destroy the credibility of a token launch faster than a sybil attack, where a malicious actor creates multiple fake identities in an attempt to gain disproportionate influence and token distribution in the network. Click to read

3. Behind JD.com’s Stablecoin Issuance

On July 24, according to Cailianshe, JD Technology's JD CoinChain Technology (Hong Kong) will issue a cryptocurrency stablecoin pegged 1:1 to the Hong Kong dollar in Hong Kong, which has sparked widespread discussion in the market. Click to read

4. Viewpoint: US stocks have peaked and BTC is about to usher in the final frenzy

I haven't written a tweet for a long time. On the one hand, my views have all been shared in DC. On the other hand, there has been no change in the direction of the market recently, so it is not easy to post analysis. Now, the critical moment has come, and the direction of the US stock market is about to reverse! Now is the possible peak point (as for why it is possible rather than certain, because the wave can only be verified after the fact, but the possibility can be judged in advance. Click to read

5. Does the Ethereum ETF’s debut meet expectations?

Spot Ethereum ETFs have completed a full day of trading, leaving everyone wondering: how have these products performed? While many were disappointed that ETH prices were fairly stagnant on launch day, trading in a relatively tight range, moving just 5% and closing almost flat, by all accounts these launches could have been much worse. Click to read

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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