February 5
Market Trends
BTC plummets to a new low, altcoins fall across the board.
US stocks break down, tech stocks lead the decline. Gold retreats, and US-China talks ease relations.
Market Highlights
1. The hype around perp is rising, launching a prediction market. Precious metals and US stock business are growing rapidly, accounting for 40% of revenue. However, there is a net selling pressure of 200 million dollars each month. HLP annualized return is 120%.
2. The public chain ETH is down, and Vitalik Buterin states that the L2 route is wrong. It is suspected that Multicoin Capital is converting 200 million dollars of ETH to hype.
3. BN Alpha has launched OPn, with a total airdrop of 0.5%. Opinion is a prediction market created by BN itself, with a total financing of 25 million dollars. Coinbase recently partnered with Kalshi to launch a prediction market.
Market Trends
BTC plummets to a new low, altcoins fall across the board.
US stocks break down, tech stocks lead the decline. Gold retreats, and US-China talks ease relations.
Market Highlights
1. The hype around perp is rising, launching a prediction market. Precious metals and US stock business are growing rapidly, accounting for 40% of revenue. However, there is a net selling pressure of 200 million dollars each month. HLP annualized return is 120%.
2. The public chain ETH is down, and Vitalik Buterin states that the L2 route is wrong. It is suspected that Multicoin Capital is converting 200 million dollars of ETH to hype.
3. BN Alpha has launched OPn, with a total airdrop of 0.5%. Opinion is a prediction market created by BN itself, with a total financing of 25 million dollars. Coinbase recently partnered with Kalshi to launch a prediction market.