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晚间必读5篇 | 比特币没理由不突破73000

Evening must-read 5 articles | Bitcoin has no reason not to break through 73000.

Jinse Finance ·  Oct 10 19:25

1. How can the FBI personally issue coins to deceive the bottom token issuers and market makers manipulate the market

US SEC Chairman Gary Gensler has always regarded many cryptocurrencies as securities, criticizing serious market manipulation in the crypto industry. To a large extent, it represents the official regulatory attitude of the United States.

2. Who is Satoshi Nakamoto? We are all Satoshi Nakamoto

In the past two years, discussions about who Satoshi Nakamoto is have subsided. Within the Bitcoin community, the development of the Bitcoin ecosystem and changes in technology are more important matters. It probably doesn't matter who Satoshi Nakamoto is. After all, after Satoshi disappeared, Bitcoin has been running smoothly under the maintenance of the core development team. Click to read

3. Can the prediction market become a traffic entry point for Web3?

It is predicted that the popularity of the market will continue to rise, and the trading volume will repeatedly reach new highs. In the last week of September, Polymarket and Azuro traded 0.57 billion dollars. The racetrack showed strong development potential, and innovative products continued to emerge. Click to read

4. The orthodox idea of cryptocurrency token hedging is a scam

Currently, the dominant token distribution model in the crypto sector is called the “low circulation, high complete dilution valuation (FDV)” distribution model. Under this model, only a small portion of the token supply is in circulation in the market when the project starts, while most of the tokens are locked and usually gradually unlocked after a year. This low circulation is usually accompanied by high fully diluted valuations, and may even be designed to drive up this valuation. According to CoinGecko's research, nearly a quarter of today's leading tokens in the industry are in a low circulation model. Some notable recent project launches have used this model, including Starknet, Aptos, Arbitrum, Optimism, Celestia, and Worldcoin (a staggering 95.7% of its supply is still locked in at the time of writing). Click to read

5. There's no reason for Bitcoin not to break through 73000

On the first trading day after the National Day holiday, A-shares once again set off a wave of ups and downs. The full-day turnover was close to 3.5 trillion yuan, setting a new record. As A-shares continued to soar, US stocks, Japanese stocks, the Indian stock market, and the crypto market were all sucked up to varying degrees. In order to ease the pressure on capital outflows, some markets have introduced boosting measures one after another. First, the US Department of Labor released extremely impressive non-farm payrolls data for September, and drastically raised the number of employed people in July and August in an attempt to suppress expectations of a rapidly rising recession. Second, Japanese media hype. “Stock God” Buffett plans to issue Japanese yen bonds for the second time during the year and plans to use the funds raised to invest in Japanese finance and shipping stocks, with the intention of conveying Buffett's confidence in Japan's economic recovery to the outside world. The crypto market alone is in a “dairy-free” state, so in the past week, the USDT discount rate dropped from -0.56% to -3% due to continued capital outflows. Click to read

The translation is provided by third-party software.


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