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Bitcoin has grown by 63% year-on-year, surpassing stocks and bonds
Against the backdrop of rising US treasury bond bond yields, a stronger US dollar and geopolitical uncertainty, the world's leading cryptocurrency, Bitcoin (BTC), continues to face challenges in returning to the US $28000 level.However, according to a report by Reflexity, a digital asset research firm, despite these obstacles, Bitcoin remains the best-performing asset class in 2023, with an impressive year to date (YTD) return of 63
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Coin security BNB model: Drawing on Tencent's successful experience, does it have the potential to surpass Ethereum?
Can BNB accumulate strength and experience explosive growth through hard Ethernet?In my opinion, the development path of BSC is similar to stacking and optimizing on the basis of existing user base and mature Ethereum Layer2 technology. By leveraging existing user and financial scale advantages, BSC can meet the large-scale application needs of Web3 in the future, especially in fields such as gaming and metaverse, supported by low-cost and high-performance opBNB
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One of the outstanding competitive coin choices, Solana surpasses Ethereum?
Solana (SOL) has attracted the attention of former Goldman Sachs executive RaoulPal, who recently announced that it is one of his outstanding competitive currency choices and a potential competitor to Ethereum's dominant position.In a new interview, Pal emphasized Solana's unique advantages, emphasizing its unparalleled speed and performance, which even prompted payment giant Visa to choose it as its preferred platform
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Is Solana surpassing Ethereum? The preferred counterfeit currency for analysts has emerged
Solana (SOL) has attracted the attention of former Goldman Sachs executive RaoulPal, who recently stated that Solana is one of his favorite counterfeit coins and a potential Ethereum competitor.In a new interview, Pal emphasized Solana's unique advantages, particularly its unparalleled speed and performance
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The story of how Bitcoin surpasses Visa
It is revealed that the annual transaction volume of Bitcoin exceeds that of Visa, one of the world's largest payment networks.Bitcoin recorded parabolic changes in on chain transactions in 2023
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How will the price of Doge surpass that of Bitcoin (BTC) in 2023?
Doge prices have broken through key long-term resistance areas. However, this trend did not lead to a significant increase as expected, and prices are currently close to pre breakthrough levels
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Ethereum prices are expected to rise and surpass the price of Ripple tokens, which are also expected to rise
Ethereum prices have established solid support above $1580 and have made significant progress. ETH's trading price has broken through the resistance level of $1620 and entered a positive zone, similar to the performance of Bitcoin
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Completely crazy! Bitcoin breaks through $50000 per piece, surpassing Tencent in total market value, and several key data reveal a strong upward momentum
Edited by: Zhang YangyunBitcoin has crossed another milestone, breaking the $50000 mark for the first time.Image source: Photography NetworkAccording to real-time data seen on Wall Street, Bitcoin hit a peak of $50448 on the 16th, with a market value of $940 billion, before falling in price
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Due to the new DRC-20 standard, Dogcoin (DOGE) surpasses Bitcoin in daily transactions
After the introduction of the new DRC-20 standard, Dogcoin (DOGE) surpassed Bitcoin (BTC) in daily trading on Wednesday.According to the latest data from blockchain tracking agency BitInfoCharts, the daily trading volume of the DOE blockchain has reached a historic high, even surpassing the highest market value cryptocurrency asset
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Bitcoin surpasses Tesla and returns to the top 10 global assets by market value
Bitcoin has surpassed Tesla and returned to the top 10 global assets by market value, according to the latest data from 8Marketcap. Due to its price rising above $30300, Bitcoin's market value has risen to $586
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Will Ethereum have the potential to replace and surpass Bitcoin in the future
Yesterday, fans asked a question: Will Ethereum surpass Bitcoin in the future? I think this topic is quite interesting. Today, I will talk about this topic, some of my viewpoints and opinions!I think many people have this idea that Ethereum can surpass Bitcoin in the future and replace Bitcoin as the leader
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Shanghai upgrade is coming soon, ETH leads the rise, can Ethereum surpass Bitcoin?
Recently, the Ethereum market has performed outstandingly, with its price breaking its recent high on May 5th, reaching $1945.During the same period, although Bitcoin remained volatile at a high point, it did not break a new high and its rise was significantly weaker than Ethereum.As of April 10th, ETH/BTC has risen by about 6.92% so far this month, reaching a maximum of 0.0679BTC, rebounding nearly 8% since March 20th.As of writing, Bitcoin has fallen below $28000, with a price of $27883 and Ethereum at $1830.The main reason why Ethereum has shown a strong upward trend and outperformed Bitcoin is due to the upcoming Shanghai hard fork upgrade on April 12th!Many experts believe that in the long run, hard forking is beneficial for Ethereum. up to now,The Shanghai craze helped Ethereum outperform Bitcoin in AprilCurrently, the positive signals surrounding Ethereum are evident:According to Glassnode data, the total value of ETH2.0 deposit contracts has just reached a 10 month high of $31601215618.82.According to data from the official website mainnet.beconcha. in of Ethereum, the total number of Ethereum pledges has exceeded 18 million ETHs, with a total of 18044134 ETHs pledged. The total number of Ethereum beacon chain validators has exceeded 560000.In addition, the Ethereum Beacon Chain ETH pledge APR (annual return rate) is 4.65%.L2BEAT data shows that as of now, the total lockup volume on Ethereum Layer2 is $9.17 billion, up 0.23% in the past 7 days. Among them, the largest lock-in volume is the expansion plan, ArbitrumOne, which is approximately 6.002 billion US dollars, accounting for 65.88%. The second largest lock-in volume is Optimism, which is 1.954 billion US dollars, accounting for 21.45%.The Ethereum Exchange showed a net transfer out status within 24 hours, with a net transfer out amount of 7.1344 million US dollars; Bitcoin experienced a net transfer phenomenon, with a 24-hour net transfer of $10.1 million.In addition to the good performance of data on the chain, the application scenarios of Ethereum are also constantly expanding, bringing hope for further breakthroughs in the market.Headquartered in Zurich, SwitzerlandFinancial bank IncoreBank announced that it will provide customers with Ethereum pledge servicesThe bank stated that customers using its Ethereum pledge service must fully comply with the "Know Your Customer (KYC)" and anti money laundering (AML) compliance requirements.Mark Dambacher, CEO of IncoreBank, stated that the bank will provide customers with Ethereum pledge services through quarantine wallets and comply with regulatory and tax regulations.However, although the Ethereum market is dominated by bullish sentiment, from today's market trend, the downward correction performance is still very obvious:Ethereum's price dropped as low as $1822 today, a daily decrease of 1.61%, while Bitcoin's price dropped as low as $27790, a daily decrease of 0.46%.Greeks.live macro researcher Adam tweeted that despite the upcoming upgrade in Shanghai, the implied volatility IV of Ethereum options has actually experienced a significant decline, with a drop of up to 8% in the past two days.He believes that the main reason for the decline in IV is the decrease in market liquidity caused by the Easter holiday. However, at the current level of volatility, it is abnormal for monthly IV to fall to the same level as Bitcoin, and a large number of users are adding positions to short the future volatility level.