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December 27, 2024
Cryptocurrency Market in Decline: CoinDesk 20 Index Drops 5%
The cryptocurrency market is experiencing a significant downturn, with the CoinDesk 20 Index falling 5% to 3333.82 points, down 176.57 points since 4 PM ET on Wednesday. Among the 20 assets in the index, none recorded any gains. HBAR is among the biggest underperformers, dropping 8.2%, followed by Aptos at 7.4%. Major players like Ethereum (ETH) and Bitcoin (BTC) are also affected, each declining by 3.7%. This downturn reflects the cautious sentiment of investors amid a volatile and uncertain market.
This situation particularly impacts major coins like Ethereum (ETH), Chia (XCH), and Io.net (IO) in several ways:
Investor Sentiment: When the overall market declines, investors tend to panic sell to protect their capital. This can lead to strong selling pressure on ETH, XCH, and IO, causing their prices to continue to fall.
Market Liquidity: The drop in value of major coins like ETH can affect liquidity on exchanges. If investors withdraw their funds, this negatively impacts the trading capabilities of smaller coins like XCH and IO.
Correlation Between Coins: Coins often have strong interconnections. When ETH, one of the largest market cap coins, decreases in price, it can lead to declines in other coins, including XCH and IO.
Technical Signals: A significant drop can create negative technical signals, prompting technical traders to adjust their strategies, which may lead to further declines in these coins.
The current state of the cryptocurrency market indicates that the decline of major indices and assets can have a cascading effect on smaller coins. Investors need to be cautious and closely monitor market developments to make informed decisions in this volatile context.
#Write2Earn #WritetoEarn #News $ETH #XCH $IO
Cryptocurrency Market in Decline: CoinDesk 20 Index Drops 5%
The cryptocurrency market is experiencing a significant downturn, with the CoinDesk 20 Index falling 5% to 3333.82 points, down 176.57 points since 4 PM ET on Wednesday. Among the 20 assets in the index, none recorded any gains. HBAR is among the biggest underperformers, dropping 8.2%, followed by Aptos at 7.4%. Major players like Ethereum (ETH) and Bitcoin (BTC) are also affected, each declining by 3.7%. This downturn reflects the cautious sentiment of investors amid a volatile and uncertain market.
This situation particularly impacts major coins like Ethereum (ETH), Chia (XCH), and Io.net (IO) in several ways:
Investor Sentiment: When the overall market declines, investors tend to panic sell to protect their capital. This can lead to strong selling pressure on ETH, XCH, and IO, causing their prices to continue to fall.
Market Liquidity: The drop in value of major coins like ETH can affect liquidity on exchanges. If investors withdraw their funds, this negatively impacts the trading capabilities of smaller coins like XCH and IO.
Correlation Between Coins: Coins often have strong interconnections. When ETH, one of the largest market cap coins, decreases in price, it can lead to declines in other coins, including XCH and IO.
Technical Signals: A significant drop can create negative technical signals, prompting technical traders to adjust their strategies, which may lead to further declines in these coins.
The current state of the cryptocurrency market indicates that the decline of major indices and assets can have a cascading effect on smaller coins. Investors need to be cautious and closely monitor market developments to make informed decisions in this volatile context.
#Write2Earn #WritetoEarn #News $ETH #XCH $IO
March 23, 2025.
Plan to Raise ā¬10,000 Billion from European Citizens
The European Commission (EC) has just announced the Savings and Investment Union (SIU) strategy, aimed at leveraging ā¬10,000 billion in savings from citizens for investment. This plan seeks to improve the EU's financial system while directing funds into productive investments. The EC states that Europe will need ā¬750-800 billion annually until 2030 to maintain its competitiveness. The SIU is expected to connect savings and investments, benefiting both households and businesses, while addressing challenges like climate change and technological transitions.
This plan could facilitate investment in blockchain technology and cryptocurrencies, including Aelf (ELF), Io.net (IO), and Chia (XCH). If individual investors are encouraged to invest in the capital market, Aelf may attract additional funding from investment funds, enhancing its value and popularity. Io.net, aimed at improving internet protocols and blockchain applications, could benefit from increased investment in technology. Chia, with its unique storage-based mining model, might also draw attention from investors seeking sustainable solutions.
In summary, the plan to raise ā¬10,000 billion in Europe could create positive opportunities for Aelf, Io.net, and Chia, driving the value and development of these cryptocurrencies in the coming time.
#News $ELF $IO #XCH
Plan to Raise ā¬10,000 Billion from European Citizens
The European Commission (EC) has just announced the Savings and Investment Union (SIU) strategy, aimed at leveraging ā¬10,000 billion in savings from citizens for investment. This plan seeks to improve the EU's financial system while directing funds into productive investments. The EC states that Europe will need ā¬750-800 billion annually until 2030 to maintain its competitiveness. The SIU is expected to connect savings and investments, benefiting both households and businesses, while addressing challenges like climate change and technological transitions.
This plan could facilitate investment in blockchain technology and cryptocurrencies, including Aelf (ELF), Io.net (IO), and Chia (XCH). If individual investors are encouraged to invest in the capital market, Aelf may attract additional funding from investment funds, enhancing its value and popularity. Io.net, aimed at improving internet protocols and blockchain applications, could benefit from increased investment in technology. Chia, with its unique storage-based mining model, might also draw attention from investors seeking sustainable solutions.
In summary, the plan to raise ā¬10,000 billion in Europe could create positive opportunities for Aelf, Io.net, and Chia, driving the value and development of these cryptocurrencies in the coming time.
#News $ELF $IO #XCH
January 17, 2025
Litecoin ETF Could Attract Up to $580M
Prospective litecoin ETFs could see inflows of up to $580 million if adoption matches that of bitcoin ETFs, where 6% of bitcoin's supply is currently held. Canary Capital is positioned to issue the first litecoin ETF, having filed with the SEC. While projected inflows may seem modest compared to bitcoin's $108 billion, a $290 million inflow would exceed the average assets of many U.S. ETFs. The success will depend on investor demand as the market awaits regulatory approval.
In the world of cryptocurrency, news and events can create significant fluctuations in the value of various coins. For IO.net (IO), positive information regarding technological developments, such as system updates or new strategic partnerships, could drive interest from the community and investors. If IO can demonstrate real-world applications across different sectors, its value is likely to increase.
For Aelf (ELF), this platform stands out for its scalability and high performance. News about Aelf being recognized by major organizations or the launch of innovative solutions could generate positive investment waves, leading to an increase in the value of ELF. Sustainable development and the ability to interact with other blockchains will also enhance Aelf's appeal to investors.
Lastly, Chia (XCH) uses a unique storage model based on utilizing disk space rather than computational power. Therefore, news related to data security and advancements in sustainable blockchain solutions could significantly impact the value of XCH. If Chia can partner with major businesses or organizations to provide secure storage solutions, the value of this coin could rise considerably.
#Write2Earn #WritetoEarn #News #XCH $ELF $IO
Litecoin ETF Could Attract Up to $580M
Prospective litecoin ETFs could see inflows of up to $580 million if adoption matches that of bitcoin ETFs, where 6% of bitcoin's supply is currently held. Canary Capital is positioned to issue the first litecoin ETF, having filed with the SEC. While projected inflows may seem modest compared to bitcoin's $108 billion, a $290 million inflow would exceed the average assets of many U.S. ETFs. The success will depend on investor demand as the market awaits regulatory approval.
In the world of cryptocurrency, news and events can create significant fluctuations in the value of various coins. For IO.net (IO), positive information regarding technological developments, such as system updates or new strategic partnerships, could drive interest from the community and investors. If IO can demonstrate real-world applications across different sectors, its value is likely to increase.
For Aelf (ELF), this platform stands out for its scalability and high performance. News about Aelf being recognized by major organizations or the launch of innovative solutions could generate positive investment waves, leading to an increase in the value of ELF. Sustainable development and the ability to interact with other blockchains will also enhance Aelf's appeal to investors.
Lastly, Chia (XCH) uses a unique storage model based on utilizing disk space rather than computational power. Therefore, news related to data security and advancements in sustainable blockchain solutions could significantly impact the value of XCH. If Chia can partner with major businesses or organizations to provide secure storage solutions, the value of this coin could rise considerably.
#Write2Earn #WritetoEarn #News #XCH $ELF $IO
March 14, 2025.
U.S. Senate Advances Stablecoin Bill and Its Impact on Cryptocurrency
The U.S. Senate Banking Committee has taken a significant step towards regulating stablecoin issuers by approving the GENIUS Act with an 18-6 vote, marking the first committee approval for a stablecoin bill in this congressional session. While Democrats raised concerns about national security and proposed amendments, these were largely rejected along party lines. Senator Elizabeth Warren expressed frustration over the bill's risks, and now the legislation awaits a vote in the full Senate and must also gain approval in the House of Representatives before reaching President Trump's desk.
This development could have notable impacts on cryptocurrencies like Aelf (ELF), Io.net (IO), and Chia (XCH):
Aelf (ELF)
- Positive Outlook: Aelf, aiming to provide a multi-chain blockchain platform, may benefit from clearer regulations, facilitating technology adoption.
- Growth Potential: If the bill passes, increased market confidence could boost ELF's value.
Io.net (IO)
- Positive Impact: Io.net, focused on connecting smart systems, might experience a surge in projects and investments due to clearer regulations.
- Collaboration Opportunities: Stable market conditions could enhance collaboration with developers and organizations.
Chia (XCH)
- Potential Risks: Chia, based on data storage models, could face challenges if new regulations limit its operational methods.
- Need for Adjustment: The company may need to adapt its strategy to align with new regulations, potentially affecting XCH's short-term value.
$ELF $IO #XCH
U.S. Senate Advances Stablecoin Bill and Its Impact on Cryptocurrency
The U.S. Senate Banking Committee has taken a significant step towards regulating stablecoin issuers by approving the GENIUS Act with an 18-6 vote, marking the first committee approval for a stablecoin bill in this congressional session. While Democrats raised concerns about national security and proposed amendments, these were largely rejected along party lines. Senator Elizabeth Warren expressed frustration over the bill's risks, and now the legislation awaits a vote in the full Senate and must also gain approval in the House of Representatives before reaching President Trump's desk.
This development could have notable impacts on cryptocurrencies like Aelf (ELF), Io.net (IO), and Chia (XCH):
Aelf (ELF)
- Positive Outlook: Aelf, aiming to provide a multi-chain blockchain platform, may benefit from clearer regulations, facilitating technology adoption.
- Growth Potential: If the bill passes, increased market confidence could boost ELF's value.
Io.net (IO)
- Positive Impact: Io.net, focused on connecting smart systems, might experience a surge in projects and investments due to clearer regulations.
- Collaboration Opportunities: Stable market conditions could enhance collaboration with developers and organizations.
Chia (XCH)
- Potential Risks: Chia, based on data storage models, could face challenges if new regulations limit its operational methods.
- Need for Adjustment: The company may need to adapt its strategy to align with new regulations, potentially affecting XCH's short-term value.
$ELF $IO #XCH
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Buy some xch on spot, the current price is 32, 2u. This position has been fluctuating and attracting funds, and a wave is about to break out. The target is 45u! #xch
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XCH (Chia) originated in 2021, founded by BitTorrent inventor Bram Cohen, packaged as an "eco-friendly green Bitcoin alternative".
It adopts a Proof of Space and Time consensus, using hard drive space for mining, claiming to be a thousand times more energy-efficient than PoW. After going live on the mainnet, it quickly became popular, reaching a high of $1645, with a market cap exceeding $30 billion at one point, attracting countless miners to hoard hard drives for mining, and the community of users expanded rapidly.
However, upon closer inspection, the project shows obvious signs of speculation: high return temptation: it claims low energy consumption, no need for GPUs, and sustainable mining, attracting users to invest heavily in hard drives with high return expectations.
Referral mechanism: it relies on pre-mining and community promotion to draw in early farmers, forming an expansion model that heavily depends on hardware investment.
No actual value support: ecological development is slow, with very few real business applications and DApps, mainly relying on the "green concept" to maintain heat, lacking sustained demand.
The most shocking part is: after the bear market in 2022, hard drive prices crashed, mining revenues plummeted, and the price of XCH fell over 99% from $1645 to currently about $4.6, with a market cap evaporating over $29 billion.
Many early farmers sold hard drives to cut losses, and holders suffered significant losses, leading to a sharp decline in community activity. The reason why such projects are bound to fail is: excessive reliance on concepts and hardware speculation; once the market cools down and real applications cannot keep up, selling pressure concentrates, liquidity dries up, and a price avalanche is just a matter of time.
Investing requires caution, rationality is key, and protecting your assets is the right way.
Did you hoard hard drives to mine XCH back then? Are you still holding? Let's share experiences in the comments and stay vigilant! #XCH #ē”¬ēęēæ #å åÆé£é©
It adopts a Proof of Space and Time consensus, using hard drive space for mining, claiming to be a thousand times more energy-efficient than PoW. After going live on the mainnet, it quickly became popular, reaching a high of $1645, with a market cap exceeding $30 billion at one point, attracting countless miners to hoard hard drives for mining, and the community of users expanded rapidly.
However, upon closer inspection, the project shows obvious signs of speculation: high return temptation: it claims low energy consumption, no need for GPUs, and sustainable mining, attracting users to invest heavily in hard drives with high return expectations.
Referral mechanism: it relies on pre-mining and community promotion to draw in early farmers, forming an expansion model that heavily depends on hardware investment.
No actual value support: ecological development is slow, with very few real business applications and DApps, mainly relying on the "green concept" to maintain heat, lacking sustained demand.
The most shocking part is: after the bear market in 2022, hard drive prices crashed, mining revenues plummeted, and the price of XCH fell over 99% from $1645 to currently about $4.6, with a market cap evaporating over $29 billion.
Many early farmers sold hard drives to cut losses, and holders suffered significant losses, leading to a sharp decline in community activity. The reason why such projects are bound to fail is: excessive reliance on concepts and hardware speculation; once the market cools down and real applications cannot keep up, selling pressure concentrates, liquidity dries up, and a price avalanche is just a matter of time.
Investing requires caution, rationality is key, and protecting your assets is the right way.
Did you hoard hard drives to mine XCH back then? Are you still holding? Let's share experiences in the comments and stay vigilant! #XCH #ē”¬ēęēæ #å åÆé£é©
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ETHUSDT
Perp
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PNL
+3.59USDT
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#XCH Very notorious coin in its time XCH, into which a lot of fluffy colleagues from the industry are invested
The coin is in a long distribution phase. Large capital is simply dumping it into the crowd, causing it to slide down to the bottom
But this is not the limit yet. It is awaiting a journey much lower. A similar situation was with the coin SXP.
A false bullish wedge has formed, from which the price made a false breakout upwards, after which it aims to make a true breakdown downwards with a continuation of going under the baseboard
Currently, almost all altcoins are in distribution, and every blogger talks about Altseason, leading their audience to these wrappers, which large capital is simply dumping.
The coin is in a long distribution phase. Large capital is simply dumping it into the crowd, causing it to slide down to the bottom
But this is not the limit yet. It is awaiting a journey much lower. A similar situation was with the coin SXP.
A false bullish wedge has formed, from which the price made a false breakout upwards, after which it aims to make a true breakdown downwards with a continuation of going under the baseboard
Currently, almost all altcoins are in distribution, and every blogger talks about Altseason, leading their audience to these wrappers, which large capital is simply dumping.
See original
Other projects to watch (less popular but promising)
Project Strengths
The Graph (GRT) Essential indexing platform for the Web3 ecosystem, used by dApps like Uniswap or Synthetix. Its role as the 'Google' of blockchains could propel it well beyond its current valuation.
Hedera (HBAR) Ultra-fast Hashgraph technology (ā 10,000 TPS), governed by a council composed of major companies like IBM or Google. Good scaling capability for enterprise use.
SpacePay (SPY) Crypto-fiat payment solution that can be integrated with existing terminals via QR code ā without additional hardware. Real interest for businesses, already in pre-sale at a very low price.
Chia (XCH) Eco-friendly blockchain based on 'Proof-of-Space and Time', consuming less energy. If adoption for smart contracts rises, growth could be spectacular.
Mask Network (MASK) Tool linking Web2 and Web3 via social networks, enabling crypto transactions, decentralized storage, and encrypted messaging. Offers an intuitive and useful interface for the transition to Web3.
Kaspa (KAS) Proof-of-work crypto with GHOSTDAG protocol (blockDAG): parallel transactions, faster and more scalable than traditional chains. No initial ICO, fair distribution via mining.
#Mask #spy #KAS #hbar #XCH $BTC
Project Strengths
The Graph (GRT) Essential indexing platform for the Web3 ecosystem, used by dApps like Uniswap or Synthetix. Its role as the 'Google' of blockchains could propel it well beyond its current valuation.
Hedera (HBAR) Ultra-fast Hashgraph technology (ā 10,000 TPS), governed by a council composed of major companies like IBM or Google. Good scaling capability for enterprise use.
SpacePay (SPY) Crypto-fiat payment solution that can be integrated with existing terminals via QR code ā without additional hardware. Real interest for businesses, already in pre-sale at a very low price.
Chia (XCH) Eco-friendly blockchain based on 'Proof-of-Space and Time', consuming less energy. If adoption for smart contracts rises, growth could be spectacular.
Mask Network (MASK) Tool linking Web2 and Web3 via social networks, enabling crypto transactions, decentralized storage, and encrypted messaging. Offers an intuitive and useful interface for the transition to Web3.
Kaspa (KAS) Proof-of-work crypto with GHOSTDAG protocol (blockDAG): parallel transactions, faster and more scalable than traditional chains. No initial ICO, fair distribution via mining.
#Mask #spy #KAS #hbar #XCH $BTC
December 13, 2024
Did Crypto Cash Break the U.S. Elections?
The crypto industry has leveraged the Supreme Court's "Citizens United" ruling to spend $169 million in the 2024 elections, significantly influencing outcomes. The Fairshake PAC, backed by firms like Coinbase and Ripple Labs, aimed to elect pro-crypto candidates, successfully supporting 91% of those it funded. While this has empowered the sector, critics warn that such corporate cash threatens democracy by overshadowing broader voter interests.
The current political and financial landscape is poised to significantly affect various cryptocurrencies, including Chia (XCH), Io.net (IO), and Bitcoin (BTC). As the dynamics of political spending and regulatory frameworks evolve, the implications for these digital assets are becoming increasingly relevant. Understanding how these factors influence the growth, adoption, and value of cryptocurrencies is essential for investors and enthusiasts alike.
Chia (XCH)
Chia focuses on developing a sustainable ecosystem using "proof of space and time" technology. The increased political spending by corporations may boost demand for green currencies like Chia, as investors seek environmentally friendly options amid growing regulations on environmental protection.
Io.net (IO)
Io.net, aimed at developing a decentralized Internet, could benefit from the wave of investment in blockchain technology during elections and political campaigns. If PACs like Fairshake continue to support candidates who advocate for new technologies, this could create significant opportunities for Io.net to attract investment and develop applications.
Bitcoin (BTC)
Bitcoin, as the leading cryptocurrency, may be affected by policies and regulations related to digital currencies. If lawmakers enact favorable regulations for cryptocurrencies, this could enhance acceptance and value for Bitcoin. Conversely, stricter regulations could hinder Bitcoin's ability to maintain its value and user adoption.
#Write2Earn #WritetoEarn #XCH $IO $BCH
#BTCReclaims101K
Did Crypto Cash Break the U.S. Elections?
The crypto industry has leveraged the Supreme Court's "Citizens United" ruling to spend $169 million in the 2024 elections, significantly influencing outcomes. The Fairshake PAC, backed by firms like Coinbase and Ripple Labs, aimed to elect pro-crypto candidates, successfully supporting 91% of those it funded. While this has empowered the sector, critics warn that such corporate cash threatens democracy by overshadowing broader voter interests.
The current political and financial landscape is poised to significantly affect various cryptocurrencies, including Chia (XCH), Io.net (IO), and Bitcoin (BTC). As the dynamics of political spending and regulatory frameworks evolve, the implications for these digital assets are becoming increasingly relevant. Understanding how these factors influence the growth, adoption, and value of cryptocurrencies is essential for investors and enthusiasts alike.
Chia (XCH)
Chia focuses on developing a sustainable ecosystem using "proof of space and time" technology. The increased political spending by corporations may boost demand for green currencies like Chia, as investors seek environmentally friendly options amid growing regulations on environmental protection.
Io.net (IO)
Io.net, aimed at developing a decentralized Internet, could benefit from the wave of investment in blockchain technology during elections and political campaigns. If PACs like Fairshake continue to support candidates who advocate for new technologies, this could create significant opportunities for Io.net to attract investment and develop applications.
Bitcoin (BTC)
Bitcoin, as the leading cryptocurrency, may be affected by policies and regulations related to digital currencies. If lawmakers enact favorable regulations for cryptocurrencies, this could enhance acceptance and value for Bitcoin. Conversely, stricter regulations could hinder Bitcoin's ability to maintain its value and user adoption.
#Write2Earn #WritetoEarn #XCH $IO $BCH
#BTCReclaims101K
šššTOP 10 Real World Asset (RWA)
Crypto Projects by Developer Activity Last Month:ššš
1ļøā£ Chainlink ($LINK )
2ļøā£ Avalanche ($AVAX )
3ļøā£ Stellar ($XLM )
4ļøā£ IOTA (#IOTA )
5ļøā£ Axelar (#AXL )
6ļøā£ Chia (#XCH )
7ļøā£ VeChain (#VET )
8ļøā£ Injective (#Ä°NJ )
9ļøā£ Hedera (# HBAR)
š Centrifuge (# CFG)
Source: santimentfeed
Crypto Projects by Developer Activity Last Month:ššš
1ļøā£ Chainlink ($LINK )
2ļøā£ Avalanche ($AVAX )
3ļøā£ Stellar ($XLM )
4ļøā£ IOTA (#IOTA )
5ļøā£ Axelar (#AXL )
6ļøā£ Chia (#XCH )
7ļøā£ VeChain (#VET )
8ļøā£ Injective (#Ä°NJ )
9ļøā£ Hedera (# HBAR)
š Centrifuge (# CFG)
Source: santimentfeed
Review of #XCH on 4h timeframe:
The price is in the correction phase after an impulsive rise. Current support is located around 13.50 - 14.00$. Strong resistance at 16.50 - 17.50$ where a reaction is expected.
š£ Bearish scenario:
If price fails to hold above 15.00$, a pullback is possible to the 13.00$ - 12.50$ area where strong liquidity is located. With a reaction from 16.50$ and confirmation of a break down, I expect a move to 12$!
š£ Bullish scenario:
On a return above 15.50$, we can expect a break of 16.50$ with a target at 18.50$ - 19.00$. It is important to consolidate above 17.50$ for upside!
I bought the coin on spot, it stands well against the market and shows good growth, as you can see the chart is significantly different from the other coins!
āāāāāāāāāāā
| āļø @WISE PUMPS | š #Binance |#MarketPullback
The price is in the correction phase after an impulsive rise. Current support is located around 13.50 - 14.00$. Strong resistance at 16.50 - 17.50$ where a reaction is expected.
š£ Bearish scenario:
If price fails to hold above 15.00$, a pullback is possible to the 13.00$ - 12.50$ area where strong liquidity is located. With a reaction from 16.50$ and confirmation of a break down, I expect a move to 12$!
š£ Bullish scenario:
On a return above 15.50$, we can expect a break of 16.50$ with a target at 18.50$ - 19.00$. It is important to consolidate above 17.50$ for upside!
I bought the coin on spot, it stands well against the market and shows good growth, as you can see the chart is significantly different from the other coins!
āāāāāāāāāāā
| āļø @WISE PUMPS | š #Binance |#MarketPullback
See original
Abnormal increase detected š, AI summarizes the reasons as follows ā¬ļø:
1. Chia Network announced plans to expand financial application scenarios, intending to introduce features related to real estate, bonds, credit, and cash back, while promoting CAT (Chia Asset Type) to achieve privacy-protecting transactions. This technological roadmap upgrade may be implemented soon, constituting a substantial benefit.
2. The U.S. government has reopened, and the SEC has officially resumed operations. The market expects that the regulatory environment may positively impact Chia's compliance and institutional applications, especially in the field of privacy-protecting assets, which may become a breakthrough point of regulatory focus.
3. Chia founder Charles Hoskinson publicly stated that he is buying XCH, which signifies clear intent as a core figure of the project, not speculative behavior, but rather an endorsement based on the long-term value of the project.
(Information is automatically organized by AI, not investment advice, for reference only!)
----------------
š Increase data:
5min: 4.56%
15min: 13.38%
30min: 15.65%
1H: 20.97%
4H: 18.33%
#XCH
1. Chia Network announced plans to expand financial application scenarios, intending to introduce features related to real estate, bonds, credit, and cash back, while promoting CAT (Chia Asset Type) to achieve privacy-protecting transactions. This technological roadmap upgrade may be implemented soon, constituting a substantial benefit.
2. The U.S. government has reopened, and the SEC has officially resumed operations. The market expects that the regulatory environment may positively impact Chia's compliance and institutional applications, especially in the field of privacy-protecting assets, which may become a breakthrough point of regulatory focus.
3. Chia founder Charles Hoskinson publicly stated that he is buying XCH, which signifies clear intent as a core figure of the project, not speculative behavior, but rather an endorsement based on the long-term value of the project.
(Information is automatically organized by AI, not investment advice, for reference only!)
----------------
š Increase data:
5min: 4.56%
15min: 13.38%
30min: 15.65%
1H: 20.97%
4H: 18.33%
#XCH
January 11, 2025
Bhutan's Crypto Reserve Could Boost Economic Growth
Bhutan, a small South Asian kingdom, has adopted a crypto reserve strategy, including Bitcoin and Ethereum, to attract foreign investment and strengthen its economy amid a widening fiscal deficit. With over $1.1 billion in Bitcoin, Bhutan aims to set a precedent for smaller nations to utilize renewable energy for mining cryptocurrencies. The establishment of Gelephu Mindfulness City emphasizes mindfulness and sustainability, while Bhutan's significant hydropower potential positions it well for this initiative. Experts believe this move could inspire similar actions in other countries facing economic challenges.
Impact of Bhutan's Crypto Reserve on IO.net (IO), Aelf (ELF), and Chia (XCH)
IO.net (IO): If Bhutan successfully attracts investment and strengthens its economy through a crypto reserve strategy, it could create a positive wave for coins like IO. Increased interest in crypto projects may provide opportunities for IO.net to grow and attract investor attention.
Aelf (ELF): Aelf, with its multi-chain blockchain platform, could benefit from smaller countries adopting blockchain technology. If Bhutan implements blockchain solutions to manage digital assets, Aelf could be seen as a potential solution, helping to scale and enhance its applications.
Chia (XCH): Chia uses a "proof of space and time" method instead of energy-intensive mining, which could align well with Bhutan's abundant renewable energy resources. If Bhutan decides to adopt Chia in its investment or sustainable development strategies, it could create new opportunities for Chia to increase its presence and usage.
Bhutan's crypto reserve could open new opportunities for coins like IO.net, Aelf, and Chia, contributing to the promotion and adoption of blockchain technology in the region.
#Write2Earn #WritetoEarn #News #XCH $ELF $IO #NFPCryptoImpact
Bhutan's Crypto Reserve Could Boost Economic Growth
Bhutan, a small South Asian kingdom, has adopted a crypto reserve strategy, including Bitcoin and Ethereum, to attract foreign investment and strengthen its economy amid a widening fiscal deficit. With over $1.1 billion in Bitcoin, Bhutan aims to set a precedent for smaller nations to utilize renewable energy for mining cryptocurrencies. The establishment of Gelephu Mindfulness City emphasizes mindfulness and sustainability, while Bhutan's significant hydropower potential positions it well for this initiative. Experts believe this move could inspire similar actions in other countries facing economic challenges.
Impact of Bhutan's Crypto Reserve on IO.net (IO), Aelf (ELF), and Chia (XCH)
IO.net (IO): If Bhutan successfully attracts investment and strengthens its economy through a crypto reserve strategy, it could create a positive wave for coins like IO. Increased interest in crypto projects may provide opportunities for IO.net to grow and attract investor attention.
Aelf (ELF): Aelf, with its multi-chain blockchain platform, could benefit from smaller countries adopting blockchain technology. If Bhutan implements blockchain solutions to manage digital assets, Aelf could be seen as a potential solution, helping to scale and enhance its applications.
Chia (XCH): Chia uses a "proof of space and time" method instead of energy-intensive mining, which could align well with Bhutan's abundant renewable energy resources. If Bhutan decides to adopt Chia in its investment or sustainable development strategies, it could create new opportunities for Chia to increase its presence and usage.
Bhutan's crypto reserve could open new opportunities for coins like IO.net, Aelf, and Chia, contributing to the promotion and adoption of blockchain technology in the region.
#Write2Earn #WritetoEarn #News #XCH $ELF $IO #NFPCryptoImpact
See original
Who hasnāt marked a code to fly one? The xch I posted a few days ago also has a maximum profit of 70!
Letās consider this wave of benefits from brother leg to the tough guys #xch
Letās consider this wave of benefits from brother leg to the tough guys #xch
See original
To be honest, I quite like XCH
30u should be the base price #xch
Letās look at 10X in the bull market
If BN is not listed, you may think it is a risky coin.
But I think one day I will get there sooner or later.
30u should be the base price #xch
Letās look at 10X in the bull market
If BN is not listed, you may think it is a risky coin.
But I think one day I will get there sooner or later.
See original
xch! Our Diamond VIPs also ambushed a wave of spot goods! The current increase is 35%!
I feel like the spring of copycats is not far away! Rush, rush? #xch
I feel like the spring of copycats is not far away! Rush, rush? #xch
#XCH āļøChia (XCH) ā Š°Š»Š°ŃŅŃŃŅ ŠæŠ°?
24 ŃŃŠ»Š“ŠµŠ“Šµ OKX Š±ŠøŃŠ¶Š°ŃŃ Š¾Š½Ń Š¼Š°ŃŠ¶ŠøŠ½ ŃŠ°ŃŠ“Š°Š“Š°Š½ Š°Š»ŃŠæ ŃŠ°ŃŃŠ°Š“Ń. Š”ŠæŠ¾ŃŃŠ° ÓŠ»Ń Š±Š°Ń, Š±ŃŃŠ°Ņ Š±Ņ±Š» ŃŠ¾Ņ£ŅŃ ŠµŃŠŗŠµŃŃŃ ŃŠøŃŅŃŃ... š¬
š ŅŠ°Š·ŃŃ Chia ŃŠ°ŃŠøŃ Šø ŠµŅ£ ŃÓ©Š¼ŠµŠ½ Š±Š°ŅŠ°Š“Š° ŃŠ°ŃŠ“Š°Š»Š°Š½ŃŠæ Š¶Š°ŃŃŃ.
OKX ā CoinMarketCap Š±Š¾Š¹ŃŠ½ŃŠ° Š¢ŠŠ-5 Š±ŠøŃŠ¶Š°. ŠŠ³ŠµŃ ŃŠæŠ¾ŃŃŠ°Š½ Š“Š° Ó©ŃŃŃŃŠµ, Š½Šµ Š±Š¾Š»Š¼Š°Ņ?
š Š”ŃŠ· Š½Šµ Š¾Š¹Š»Š°Š¹ŃŃŠ·?
#Chia
24 ŃŃŠ»Š“ŠµŠ“Šµ OKX Š±ŠøŃŠ¶Š°ŃŃ Š¾Š½Ń Š¼Š°ŃŠ¶ŠøŠ½ ŃŠ°ŃŠ“Š°Š“Š°Š½ Š°Š»ŃŠæ ŃŠ°ŃŃŠ°Š“Ń. Š”ŠæŠ¾ŃŃŠ° ÓŠ»Ń Š±Š°Ń, Š±ŃŃŠ°Ņ Š±Ņ±Š» ŃŠ¾Ņ£ŅŃ ŠµŃŠŗŠµŃŃŃ ŃŠøŃŅŃŃ... š¬
š ŅŠ°Š·ŃŃ Chia ŃŠ°ŃŠøŃ Šø ŠµŅ£ ŃÓ©Š¼ŠµŠ½ Š±Š°ŅŠ°Š“Š° ŃŠ°ŃŠ“Š°Š»Š°Š½ŃŠæ Š¶Š°ŃŃŃ.
OKX ā CoinMarketCap Š±Š¾Š¹ŃŠ½ŃŠ° Š¢ŠŠ-5 Š±ŠøŃŠ¶Š°. ŠŠ³ŠµŃ ŃŠæŠ¾ŃŃŠ°Š½ Š“Š° Ó©ŃŃŃŃŠµ, Š½Šµ Š±Š¾Š»Š¼Š°Ņ?
š Š”ŃŠ· Š½Šµ Š¾Š¹Š»Š°Š¹ŃŃŠ·?
#Chia
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