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Today it was revealed that old naughty Buffett has finally started buying Bitcoin, but this is actually news that Buffett agreed with in October last year. However, it is true that MicroStrategy has continued to announce the acquisition of Bitcoin, and it is still buying. Isn’t this true? Approximately $155 million was recently invested in purchasing 3,000 BTC. , the average price per Bitcoin is $51,813.
Now Buffett will no longer bet on Bitcoin, and I will not think of any major news that will trigger a black swan in the future! Anyway, miss the pump have already regretted it. There is nothing to say. This round of bull market institutions is a sure thing! After the halving, there is no chance to get on the train. Whether you can turn around in this bull market depends on your own ambition. After all, the outside world is the catalyst, and it is you and your decisions that ultimately cause the chemical reaction.
After the adoption of ETF, all rich people in the world will be equipped with some cryptocurrency! However, if you look at your colleagues around you, they will think you are a liar if you tell them!
Ethereum remains strong
Bitcoin broke the tepid and dull trend of the past week, strongly breaking through $54,000, hitting an intraday high of $54,965.26, and once approaching $55,000, setting a 15-month high.
The vast majority of the Altcoin market has received a boost from Bitcoin. Ethereum rises more than 2%
Bitcoin and Ethereum’s contributions to the cryptocurrency space are becoming increasingly evident, each opening up unique use cases and driving innovation in different directions.
The Ethereum ecosystem is also performing very strongly today, with both the layer2 sector and the pledge sector seeing increases to varying degrees.
The transaction volume and prosperity on the Ethereum chain have been increasing in the past few days. It is worth noting that EigenLayer, the Ether re-staking protocol, recently named SSV on Twitter, saying that all projects on the re-staking track will use SSV in the future, and that SSV will be the core requirement for decentralized staking on Ethereum. Lido has also recently installed SSV’s DVT module.
With the upcoming Ethereum Cancun upgrade and the market’s expectations for the Ethereum spot ETF, Ethereum will take over the BTC and lead the copycats out of a strong compensatory rise.
After the upgrade in Cancun, transaction costs will drop significantly. The first benefit is the arb and op of the layer 2 sector. Judging from the current total locked-up volume, arb and op are well-deserved Dragon One and Dragon Two.
Therefore, I still maintain my previous view. After the Ethereum Cancun upgrade, it will be a long-term positive for the Ethereum ecosystem. We can focus on the Ethereum layer 2 sector and the pledge sector projects.
European Cup ignites sports summer , fan tokens deserve attention
Chiliz (CHZ)
Chiliz is a leading fan token project aiming to build infrastructure for the sports and entertainment industry. According to the official website, Chiliz has jointly launched 82 fan tokens with famous teams such as Paris Saint-Germain, Juventus, Barcelona and Manchester United, has more than 150 global sports partners, and has more than 2 million ecological users.
Recently, in addition to announcing cooperation with the Korean Football League to launch a fantasy NFT game, cooperation with RAK Digital Assets Oasis to set up a company in the UAE, and the upcoming launch of DEX Jalaswap with CHZ liquidity provider incentives and destruction, Chiliz has also recently announced With the Token Economics 2.0 version of its Layer 1 public chain Chiliz Chain, the inflation rate of the token CHZ will decrease from 8.8% year by year until it drops to 1.88% in 14 years and will remain unchanged every year thereafter.
Santos FC Fan Token (SANTOS)
Santos FC Fan Token is a Santos Football Club fan token based on BSC. Santos Football Club is a well-known Brazilian team. It is the first team in football history and the only team to score more than 10,000 goals. It has Over 3.1 million fans. The token SANTOS was launched on Binance Launchpool and currently has the highest market value in the fan token sector.
FC Barcelona Fan Token (BAR)
FC Barcelona Fan Token is a fan token of the Spanish team Barcelona. The holder has the right to participate in various activities and prizes related to the club. Barcelona is the club that has won the most championship trophies in Spain. So far, it has won 5 Champions League championships, 27 La Liga championships, 3 Club World Cup championships and 31 King's Cup championships. It has been selected into Forbes' 2022 Global World with a business value of US$5 billion. Ranked 15th among the 50 most valuable sports teams, it also ranks 7th in the 2023 Deloitte Football Rich List with annual revenue of 638.2 million euros.
Lazio Fan Token (LAZIO)
Lazio Fan Token is a Lazio Football Club fan token issued based on BSC and is also a Binance Launchpad project. Lazio has won 2 Serie A championships, 7 Italian Cup championships and 5 Italian Super Cup championships in its history.
Oracle API3
After API3 fluctuated and fell for half a month, the main force completed a round of shipments and washouts. The market is now showing signs of recovery, and the main force may cooperate with the favorable conditions to conduct a new round of market making.
Let’s look at the technical aspects first. After falling twice, it stepped back on the key chip area, and then started to rebound and converge. The current high position combined with the chip intensive area has formed a support in the 3.5-3.7 range. Physically, the market has shown a convergence triangle. , if the market breaks through the triangle upward, there is an expectation of further strength
According to the news, API3 will participate in BUIDLathon, which is a creative assistance event that will be held at the end of this month. At that time, the core members of API3 DAO will participate, and there may be room for speculation.
In terms of operation, you can buy spot near the 3.7-3.9 range, with a target profit of more than 20%.
Join the community communication group for free and quickly grasp first-hand crypto information. The further you get from the news in this market, the further you will be from making money!
