🇺🇸 BlackRock and other ETFs sold $358.5 million worth of Bitcoin this week. This could create short-term market pressure, but smart money doesn’t panic. 👀📉
What is this? Opinion Markets are decentralized platforms where users buy and sell shares in 'public opinion' or certain narratives. Unlike prediction markets that are based on event outcomes (True/False), opinion markets assess people's attitudes towards something at a specific point in time.
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Not officially announced yet, but there is no doubt that it will be a full house again
Vitalik(@VitalikButerin) expressed disappointment in L2, but coincidentally Aztec is an L2, so has Aztec truly missed its timing? I don't think so
- Firstly, Vitalik's control over ETH is gradually diminishing, just like the direction he led for several years has come to an end
- Secondly, various weakly related L2s like Base have already disproven the statement that 'L2 must depend on L1 to exist'
Based on these two points, I remain optimistic about Aztec, which focuses on privacy
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From a cryptographic perspective, analyzing the ancestor Aztec is also targeted
- The team has almost independently built a complete technology stack for modern privacy computing, and most privacy projects are currently using the tools developed by their team
- The PLONK proof system invented has become the industry-wide standard, widely adopted by several mainstream projects such as zkSync and World
- The self-developed Noir programming language is one of the fastest-growing developer ecosystems in the world, gradually becoming the de facto standard for ZK application development
JPMorgan participated as an early institutional tester in the experiments of Aztec's technology, and the Taurus confidential token standard is also built based on its technology stack
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In the face of such a behemoth, it’s always wise to keep an eye on the TGE
At least for now, many people have already voted with real money
In December last year, over 50% of the subscription funds for the public sale of $Aztec tokens came from community members, and the community is extremely fomo
More than two months have passed, and although the market has cooled down, it does not mean there are no arbitrage opportunities
As the pioneer of the privacy track, I will pay close attention
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🚫 Part 16: The Futures Trap Topic: Why Beginners Should Avoid Futures Trading. If spot trading is like driving a car, Futures Trading is like flying a jet engine without a license. It is the number one way new traders lose 100% of their money in seconds. 1. The Danger of Leverage Leverage allows you to trade with money you don’t have. The Math: If you use 10x leverage, a small 10% drop in price equals a 100% loss for you. In the volatile world of crypto, a 10% move can happen in minutes. 2. Liquidation: The Point of No Return In spot trading, if your coin drops 50%, you still own the coin. You can wait for years for it to recover. In Futures, if the price hits your Liquidation Price, the exchange takes your money and closes your trade. Your money is gone forever. You cannot "wait" for it to come back. 3. The House Always Wins Exchanges charge "Funding Fees" every 8 hours to keep your position open. Over time, these fees eat your balance. Additionally, "Whales" often trigger sudden price spikes (called Scam Wicks) specifically to hit the liquidation levels of retail traders and take their money.
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