Gray scale BTC
Since 2020, bitcoin has changed its previous stability and its value has soared. Although there has been a slump ring this period, it has not prevented bitcoin from reaching a new peak
the more investors, the larger the scale of purchasing bitcoin. Data show that in 2020, a total of 347000 bitcoins will be bought in addition to emerging investment institutions such as gray scale, Wantong mutual, an old American insurance company, and PayPal, a financial technology giant, are also powerful giants in the bitcoin market therefore, today's bitcoin market is a "game" platform for financial giants, and ordinary retail investors should be cautious in their investment
2020 is a magic year. Although there are many troubles from the beginning of the year to the end of the year, asset prices are rising very well
let's look at the performance of all kinds of assets:
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here's another interesting thing. In the first seven months of bitcoin coming out, the creator Nakamoto Tsung mined 1.1 million bitcoins himself, accounting for 6% of the total amount of bitcoins. These bitcoins have been left untouched, and now are worth nearly $40 billion
If a market has the four characteristics of high leverage, drastic price fluctuation, limited trading volume and high concentration, then the market is a perfect Chinese chive cutting market
we have done a previous issue of the hunt brothers silver speculation. After hoarding a large proportion of silver, the hunt brothers in the United States manipulated the prices in the futures and spot markets to reap the silver investors in the market. Today's bitcoin market is a bit like the silver market of that year
before any asset bubble bursts, there will be lots of people making money. What is the upper limit of the bubble? How high will the price go? How crazy can market sentiment be? None of this can be predicted
a rational investor should not be distracted by the soaring price, but should carefully think about two questions outside the fanatical market sentiment. Do I really understand the investment logic behind this thing? Is it really worth so much money
if you're like me, you'd better not take part in this kind of incomprehensible excitement
According to official twitter news, as of March 31 EST, the total scale of gray asset management reached 45.6 billion US dollars. The trading price of bitcoin Trust Fund (GBTC) was US $50.04 per share, down 1.53% from the previous day; Ethereum trust (ethe) trading price of 17.89 U.S. dollars each, up 3.29% from the previous day
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BTC -- total holding: 654601btc, 24h position change: - 34.6185btc, gray position proportion: 3.12%
LTC -- total holding: 1503826ltc, 24h position change: - 102.9870ltc, gray position proportion: 1.79%
eth -- total holding: 3173756eth, 24h position change: - 217.1109eth, Gray position proportion: 2.75%
BCH -- total holding: 294170bch, 24h position change: - 20.3364bch, gray position proportion: 1.40%
etc -- total holding: 12433791eetc, 24h position change: - 1021.9672etc, Gray position proportion: 5.90%
the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot station of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system
1. Ethereum: a better value accumulation target
for many years, accumulating bitcoin has been the main way to store the value of cryptocurrency. Investors use bitcoin as a sharp weapon against the economic crisis. However, institutional traders are now also interested in Ethereum
in the 2020 annual review report of coinbase, it is noted that institutional customers are more and more interested in Ethereum. The reason is related to how investors evaluate Ethereum ecosystem
first of all, it is the original currency of the network. Because Ethereum is a platform for many valuable projects, Ethereum has become a powerful trading currency in Ethereum ecosystem
Why are more and more institutional traders hoarding Ethereum
the report points out that the driving force for Ethereum holders to invest comes from: first, Ethereum's potential as a value store is constantly developing; 2、 Ethereum's status as a digital currency provides the basis for its network transactions<
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2. Investment institutions such as coinbase and Gemini are optimistic about Ethereum and defi
Arthur Cheong, founder of definance capital and portfolio manager focusing on defi encryption fund, pointed out in a statement in coindesk, "I think bold investors will explore Ethereum and defi after studying bitcoin."
according to the data, some investment institutions such as coinbase and Gemini are incredibly bullish on Ethereum. In addition, more and more large investors are looking for different decentralized financing space
Why are more and more institutional traders hoarding Ethereum< However, deniss vinokourou, a digital asset investment manager, believes that "not everyone is satisfied with the risks associated with defi that still exist, but the rapid growth of active projects in Ethereum supports capital appreciation."
unlike bitcoin, Ethereum has many ways to retain investors and lock them in for a long time. After the release of eth2.0, Ethereum owners have made a lot of profits in long Ethereum
the original text is from ambcrypto and compiled by blockchain knight. The right in English belongs to the original author. If you want to reprint it in Chinese, please contact the compiler.
according to official twitter, as of April 7, EDT, the total scale of gray asset management dropped to US $45.1 billion. The trading price of bitcoin Trust Fund (GBTC) was US $47.57 per share, down 6.03% from the previous day; Ethereum trust (ethe) trading price of $18.87 each, down 7.45% from the previous day
BTC -- total holding: 654352btc, 24h position change: - 34.6185btc, gray position proportion: 3.12%
LTC -- total holding: 1503105ltc, 24h position change: - 102.9870ltc, gray position proportion: 1.79%
eth -- total holding: 3172233eth, 24h position change: - 217.1110eth, gray position proportion: 2.75%
BCH -- total holding: 294029bch, 24h position change: - 20.3364bch, gray position proportion: 1.40%
etc -- total holding: 12426639etc, 24h position change: - 1021.4075etc, gray position proportion: 5.90%
the Xueshuo innovation blockchain Technology Workstation of Lianqiao ecation online is the only approved "blockchain Technology Specialty" pilot workstation of "smart learning workshop 2020 Xueshuo innovation workstation" launched by the school planning, construction and development center of the Ministry of ecation of China. Based on providing diversified growth paths for students, the professional station promotes the reform of the training mode of the combination of professional degree research, proction, learning and research, and constructs the applied and compound talent training system.
in fact, bitcoin has soared in recent years. Almost all the people who invested in bitcoin in the past few years have made a lot of money according to media reports, Wang Xing, founder of meituan, invested in bitcoin a few years ago. Now the price of bitcoin has reached new highs, and the profit of bitcoin invested by Wang Xing has exceeded 100 times. But in fact, there are not many people who have invested in bitcoin. Many Internet practitioners have invested in bitcoin, and there are also special money speculation organizations in China that use bitcoin as a financial asset. A few years ago, bitcoin fluctuated a lot, and many investors left the market at a loss. However, since last year, a lot of hot money has poured into the bitcoin market, and the price has been pushed again and again, and many investors have also made a lot of money