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Cryptocurrency News Video

Bitcoin NFT trading platform Magic Eden goes beyond blur, Injective (INJ) plans to build Layer-3 network on Arbitrum, Bitcoin, Ethereum, BTC, ETH, 100X, Metaverse, web3, crypto

May 14, 2024 at 04:21 am DeFi云

DeFi Cloud Cryptocurrency Chinese Community Welcome to join the only free communication group Telegram: https://t.me/DeFi_yun
My Twitter click: → → https://twitter.com/DeFiyun ←←
Our main content today is to talk about.
Magic Eden’s transaction volume in April reached 108 million US dollars, surpassing Blur to occupy the first place in the NFT market.
The video of Apple's press conference mentioned Octane, and the price of RNDR also increased by 10%.
So in the graphics rendering AI project, what other opportunities are worthy of our attention?
Injective plans to build L3 network INEVM on top of Arbitrum.
Okay, let's look at the first one first


1: Tracking the wallet addresses of major Bitcoin wallet users (know the trends of major Bitcoin users in advance and analyze Bitcoin price trends)
2: Popular projects in the currency circle that have updated their roadmap today (a must-read for airdrop enthusiasts, new blockchain project tasks are updated every day, NFT whitelist, the earlier you participate, the greater your chance of obtaining airdrop projects)
Three: Analyze the 100x coins with the best performance on the DeFi data on the chain (through the TVL of the blockchain project, the number of web3 users, the most noteworthy digital currency projects with profit growth, discover the early value 100x coins, and gain early experience and experience in future web3 projects Income, staking mining, DeFi first mine)
Four: Projects and institutions worthy of attention in the currency circle investment and financing market (understand in advance which crypto projects and tracks the capital market money is invested in, NFT, Metaverse track, chain game gold making, Inscription project, Inscription tutorial, observing Bitcoin Inscription, airdrop project tutorial)
Five: Cryptocurrency and financial market core data indicators and the day’s hot news in the currency circle (including Bitcoin market share, Bitcoin mining difficulty, total cryptocurrency market value, blue-chip NFT. Ethereum pledge, eth destruction number, total stablecoin supply volume, Ethereum GAS, hot web3 news of the day, etc.)

The Bitcoin encryption market has plummeted. Which altcoins are worthy of attention? Representative mainstream currency projects leading the blockchain track, SOL, BNB, MKR, ENS, WLD, ARKM, Binance Exchange, Bitcoin, Ethereum, BTC , ETH, Hundred Times Coin, Metaverse, web3.

DeFi Cloud Cryptocurrency Chinese Community Welcome to join the only free communication group Telegram: https://t.me/DeFi_yun
My Twitter: https://twitter.com/DeFiyun

US Dollar Index 105.3,
Offshore RMB 7.2,
Bitcoin’s total market share is 51.93,
Bitcoin mining difficulty is 83.95,
The total stablecoin supply is 151.5 billion, an increase of $200 million today.
Although cryptocurrencies in general have fallen a lot, altcoins in particular have fallen. But funds have been increasing, but only in relatively small amounts.
Therefore, the current altcoin market is in a volatile market.
In the absence of capital outflows, there is no need to be too bearish on the market.
S&P 500 5,222,
Ethereum gas 4,
Bitcoin Sat 16,
The total amount of Ethereum destroyed is 4.29 million.
The on-chain activity of the Ethereum layer 1 network has dropped significantly, and the destruction of Ethereum will also slow down.
When the amount of destruction slows down, Ethereum's inflation will also begin, which is more common in bear markets.
As long as the market starts and waits for the bull market, the activity on the Ethereum chain will become active again.
It’s just that now Ethereum users are moving to Ethereum L2 and modular blockchain.
But now the transaction volume of L2 has also dropped significantly, and the data crossing from the second layer of Ethereum to the first layer, or from the first layer to the second layer is also decreasing.
The gas of the Bitcoin network is also declining. Generally speaking, there are not many active users on the entire blockchain chain.
The total pledged amount of Ethereum 2.0 is 32.41 million.
The total market value of cryptocurrency is 2.33 trillion,
The Greed and Fear Index is 55 today,
The market has gradually turned from greed to panic.
When I was recording the show,
The price of Bitcoin is $61,000,
The price of Ethereum is $2,930.
The token to be unlocked today is DYDX, which unlocks less than 1% of the supply.
Let’s take a look at the top 100 most active Bitcoin addresses.
As can be seen from the figure, the 12th wallet address increased by 806 coins today, while the other wallet addresses did not increase or flow out.

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Video source:Youtube

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