Bitcoin
Bitcoin is the world's first cryptocurrency, created in 2008 by the mysterious genius called Satoshi Nakamoto. Bitcoin has a limited total supply and the strongest community. With its price going all the way up to where it is today, Bitcoin is more and more seen as modern society’s "digital gold".
This article analyzes the current state of decentralized finance (DeFi) on Bitcoin, introducing the emergence of meta-protocols such as Ordinals, Runes, BRC20, and TAP, and the challenges faced when trading tokens.
7/15/2024, 8:51:11 AM
This article analyzes the recent panic in the cryptocurrency market, focusing on the large short positions in Bitcoin futures at the Chicago Mercantile Exchange (CME). Since launching BTC futures trading in 2017, CME now holds 28.75% of the market. Currently, CME's short positions amount to $5.8 billion, raising concerns about large-scale shorting of BTC by Wall Street. The author analyzes the data and suggests that these short positions are likely due to institutional investors arbitraging the price difference between CME futures and Bitcoin spot ETFs, rather than simply being bearish on the market. The article also discusses the potential impact of this arbitrage strategy on ETF net inflows and Bitcoin prices, urging investors to reassess the significance of the relevant data. Additionally, it points out that there are still bearish forces in the market, so caution is advised.
7/14/2024, 6:19:36 PM
This article explains how these assets enhance Bitcoin's functionality through improved tools, wallets, and platforms, attracting more capital. It specifically mentions that although there are challenges in trading and using non-BTC assets, the experience is steadily improving with technological advancements, bringing new speculative and innovative opportunities to the Bitcoin community.
7/13/2024, 3:39:33 PM
"Cryptonomicon" presents rich historical and technical details, attracting lots of readers while highlighting the importance of cryptographic technology in ensuring information security and personal privacy. Neal Stephenson and Bitcoin Foundation co-founder Peter Vessenes jointly founded Lamina1, aiming to create a truly open metaverse. By providing robust technical infrastructure, it allows users to seamlessly switch between different virtual worlds, enjoying a consistent digital experience and laying a solid foundation for the evolution of the Web3 ecosystem.
7/13/2024, 3:15:26 PM
This article delves into the background and core concepts of Bitcoin Layer 2 technologies, such as BitVM, to help readers understand these cutting-edge technologies and their applications, especially for those with a keen interest in the Bitcoin ecosystem.
7/11/2024, 2:59:48 PM
Bitcoin's proof-of-work mechanism limits holders from earning yields directly through staking, despite Bitcoin's dominant position in market value. A significant amount of Bitcoin remains underutilized. Through the Master Protocol, users can stake Bitcoin on various Layer 2 solutions and receive LST as their staking certificate. This allows users to reinvest their LST in multiple scenarios without compromising liquidity, ensuring returns. By adopting the re-staking protocol, users can further stake LST to earn LRT, enhancing their investment capabilities and asset liquidity.
7/10/2024, 1:50:17 AM
Explore how bitCow bridges the gap between Bitcoin and DeFi, eradicating impermanent loss and empowering liquidity providers. Learn how bitCow optimizes liquidity for volatile coin pairs, reducing slippage and maximizing trading fee returns.
7/8/2024, 5:23:19 PM
if you have ever wondered how people build things on Bitcoin, this article is for you. Here, we talk about ALEX Lab and how it is improving the world of the Bitcoin Ecosystem.
7/8/2024, 9:54:44 AM
A significant influx of traditional capital is entering the cryptocurrency market via ETFs, with Bitcoin and Ethereum being the primary beneficiaries. Bitcoin, recognized for its strength as a hard currency, holds a substantial market share but has historically lacked the efficient utilization mechanisms that Ethereum offers. The primary method for increasing Bitcoin's value is by using it as collateral to borrow other cryptocurrencies for investment purposes. Rapid development of the Bitcoin ecosystem could unlock more lucrative opportunities for this asset class
7/7/2024, 7:50:03 PM
Click to discover the key differences between two of the most popular minting mechanisms in cryptocurrency.
6/30/2024, 1:41:21 PM
This article discusses the different prospects of Ethereum and Bitcoin following the approval of spot ETFs, analyzing Ethereum's unique advantages as a smart contract platform and its central role in decentralized finance (DeFi). Despite challenges from competing chains like Solana, Ethereum continues to demonstrate strong market potential and long-term growth prospects through its Layer 2 scaling technology, extensive EVM applications, and significance as collateral in DeFi.
6/28/2024, 8:49:59 AM
Lorenzo, a Bitcoin liquidity finance project, has announced the launch of the pre-staking Babylon event and the co-hosted Bitlayer Mining Gala event. This allows users to stake BTC to obtain stBTC and bridge it to Bitlayer, participating in ecosystem project staking and lending, and enjoying rich rewards. Lorenzo is committed to building a Bitcoin liquidity financial layer using Babylon, expanding the potential for financialization of the Bitcoin ecosystem through innovative staking and re-staking mechanisms, and promoting its broader DeFi applications.
6/28/2024, 8:26:40 AM
Bitcoin is transforming the global monetary landscape. Its fixed monetary attributes and high adoption rate in emerging markets have led to its rapid rise in countries experiencing currency devaluation. With the proliferation of stablecoins and the widespread use of Bitcoin, the vulnerability of fiat currencies is becoming increasingly apparent, potentially leading to more global currency collapses.
6/28/2024, 2:35:37 AM
OP_CAT was initially proposed by Satoshi Nakamoto but was disabled in 2010 due to security issues related to unlimited memory usage that could lead to potential denial-of-service attacks. If OP_CAT were to be activated, projects like StarkWare could develop on its basis. StarkWare plans to use OP_CAT to bring zero-knowledge extensions to Bitcoin, enabling advanced financial tools and applications on the network. StarkWare's involvement underscores that the broader ecosystem is ready to leverage the enhanced features introduced by OP_CAT.
6/27/2024, 1:11:45 AM
Bitlayer is a Bitcoin Layer 2 network security project based on the BitVM solution. It aims to provide the same security as Bitcoin and supports Turing-complete smart contracts, efficient transaction processing, and secure cross-chain asset transfer. This article will introduce its core mechanism, organizational structure, team, and other aspects.
6/25/2024, 7:10:11 PM