[The Crazy Talks Trend]There is no change in the short term, and it will continue to fluctuate.

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[Mad man says trend]The rebound is not the bottom, but the bottom does not rebound
Blockonomics



Madman says…

Bank of America expects the ECB to raise rates by 50 basis points in July and September, then 25 basis points in October and December, and 150 basis points by the end of the year, which is more than the consensus of economists earlier. It is much bigger, and even the yield on the 10-year German government bond has hit a new high since 2014. Therefore, starting from next week, we should also pay attention to the trend of the European stock market. Every day at 3 o’clock in the afternoon, the opening of Europe may affect the price of the currency circle. After a period of time, the calmest time should be from 9:00 am to 3:00 pm, the fluctuations will not be too large, and it is suitable for grid trading. At other times, you should consider the short-term trend and try to follow the trend.

A U.S. Senate candidate has pledged to work to make Dogecoin legal tender if it wins the U.S. Senate election in California. In order to win votes, these American officials have begun to frantically benefit from interest groups. It can be seen how crazy cryptocurrency has become in the United States. This madness has just begun, and the future will sweep through every corner of the earth like a plague.

The Central African Republic plans to tokenize its natural resources, in line with his previous strategy of establishing a crypto island. The Central African Republic’s implementation of the crypto market is obviously stronger than that of El Salvador. From the acceptance of fiat currency to the creation of an encrypted island, the links are interlinked and proceeding in a planned way. The Central African Republic may be the first in the world to practice and practice the establishment of a country with encryption. Country, expect him to experiment successfully.

Bermuda has formulated a clear regulatory framework to attract more encryption projects and companies. Bermuda has seen the future development of the encryption market, given a better encryption environment, and may become one of the future encryption centers. Cryptocurrency is not only an opportunity for people at the bottom to counterattack, but for these small countries, it is also an opportunity to overtake.

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Dubai real estate developer DAMAC has completed a $50 million real estate transaction through cryptocurrencies this year. This efficiency is really leveraged. Binghatti, a real estate developer in the same industry, also announced today that it accepts cryptocurrency payments. It has to be said that Dubai has now become one of the global encryption centers, and the reason is that the policy has given the soil for the growth of encryption.

The Sao Paulo Club in Brazil has begun to accept cryptocurrency as a payment method for tickets. Whether it is fan coins or club tickets, the sports industry and the encryption industry are already very closely connected. In the future, the encryption industry will subvert more industries and change the business model of each industry. The WEB3 era has arrived.

More than 10,000 comments supporting the Grayscale Bitcoin spot ETF have been submitted to the US SEC. The madman predicts that this will still not allow the SEC to pass the spot ETF. After all, the supervision has not kept up. If the grayscale is approved, it will also be approved by other companies. , the industry rules have not been formulated, and it has nothing to do with whether the public supports it or not.

The survey shows that crypto fund managers are increasing their bets on ADA, DOT, and XRP. Funds are fleeing from Ethereum to these mainstream currencies, especially ADA’s Masukura, which has increased from 5% to 12%, while Bitcoin’s Holders are basically flat. As the madman said yesterday, it is a game of stock. If the market falls too much, it must rise, and if it rises too much, it must fall. If Ethereum falls, funds will flow to other coins that have more room for growth. The process of stock game is also building. bottom process.

Panic 14, extreme panic.

Coin News:

Bitcoin: The proportion of market capitalization has risen to 46%, mainly due to the decline of Ethereum. There is no change in the short term. It is the weekend again, and it continues to fluctuate.

ETH: There has been a lot of trading volume recently, and there are a lot of bottom-hunters. If there is another new low, there should be an effective rebound.

LINK: Announcing to provide price feed for the SOL mainnet is a long-term benefit. It will expand more public chain ecology, and it is worth deploying.

ETC: The hash rate of Ethereum has reached a record high, and the mining machines mining Ethereum are still growing wildly. Once 2.0 is implemented in the future, these computing power will either fork or return to ETC. Therefore, ETC has a certain layout logic. Previously, ETH2.0 was expected to land. The time is August, and it’s not far away.

Continue to shake, let’s go to the weekend.

Disclaimer: The article only represents the author’s personal views and opinions, and does not represent the objective point and position of the block. All content and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and transactions, and the author and blocker will not be responsible for the direct and indirect losses caused by investors’ transactions.

This article[Madman Says Trend]There is no change in the short term, and it will continue to fluctuate. It first appeared in the block guest.

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