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Multi-Dimensional Data Detailed Explanation of How Bitcoin Embraces DeFi
As tokenization attempts for Bitcoin increase, Bitcoin's interactions in the DeFi field are becoming more frequent. Bitcoin's entry into the DeFi ecosystem will have beneficial impacts on both Bitcoin itself and the DeFi ecosystem. During the months of continuous DeFi market activity, crypto users must be familiar with a chart from DeFi PULSE. As of October 20, 2020, the total value locked (TVL) in the DeFi sector has reached $11.2 billion, creating a new all-time high.
鸵鸟区块链2020/10/296 分钟阅读
最新分析
4538 篇01
Is BTC Trending Toward Being Used as a Store of Value Rather Than a Medium of Exchange?
On October 21st, Bitcoin (BTC) prices surged, rising approximately $1,000 that day. Now it has broken through $13,000 and created a new high for 2020. For veterans, this situation seems familiar. BTC price volatility is well-known, with many wild price swings throughout its history. But this time is different. Since the crypto crash in March, BTC has been growing in a way we haven't seen in previous bull markets. On-chain fundamentals suggest it may be heading toward its largest breakthrough yet.
2020/10/29
02
Grayscale Bitcoin Investment Report Full Text: Wealth Transfer Drives BTC Toward Mainstream
Grayscale Investment reports that 83% of Bitcoin investors continued to invest in 2020, indicating that digital currency has become an increasingly attractive component of modern investment portfolios. Grayscale Investment is currently the world's largest digital asset management company, conducting consecutive years of research on Bitcoin investors aimed at providing in-depth analysis of evolving attitudes and perspectives around Bitcoin.
2020/10/29
03
Bitcoin Halving Effect and ETH 2.0 Staking Effect
(Along the Seine, Van Gogh) In the summer of 2020, DeFi initially demonstrated its manic energy. In the next 6 to 12 months, the power demonstrated by Bitcoin and ETH 2.0 may far exceed the scale of DeFi. Blue Fox Notes has previously published many topics on this: "Crypto Cycles and Value Flow", "BTC Halving Effect: How to Factor into Price?", "Bitcoin Halving Effect", "ETH 2.0: Move with the Wind", "Why is ETH Silent in the DeFi Frenzy?", "10 Signs of ETH's Upward Development",
2020/10/28
04
Public Chain Winnowing: DeFi Buried Secrets
Looking back at the previous two years from 2020, "crypto winter" was probably the collective memory of the crypto asset world. It was the decentralized finance application sector in a corner of the mainstream market that bore new fruits from 2018 to 2019. Brendan Forster, co-founder of Dharma, gave these financial applications a name in an August 2018 article—De.Fi, i.e., Decentralized Finance.
2020/10/28
全部已发布分析
事件解读、长篇研究，以及同步迁移和翻译后的分析内容。
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PayPal, Payment Giant Entering Cryptocurrency, Will It Support DCEP?
22 years, $250 billion market cap, business spanning over 200 countries and regions, nearly 250 million daily active users, 26 million merchants—these tags outline PayPal, an enterprise known to almost everyone. And this global leading payment giant has set off a bomb in the crypto community with an announcement. On October 21, PayPal officially stated that it would allow users to trade cryptocurrencies like Bitcoin using PayPal accounts. The official pinned this announcement on Twitter, announcing this latest service to 660,000 Twitter followers.
鸵鸟区块链2020/10/2311 分钟阅读
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Hermez, CoFiX, DODO, Quick Read If You Haven't Heard
Editors selected what they considered the coolest projects in the blockchain/cryptocurrency space recently and provided reasons worth paying attention to. Obviously, the DeFi field is still worth watching, though everyone felt that this field has shown some chill. The following rankings are in no particular order. Various Rollup solutions continue to advance in research, development, application and integration Pan Zhixiong: Should pay attention to the Ethereum community's development in the scaling field this month.
鸵鸟区块链2020/10/1917 分钟阅读
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TVL Indicator "Malfunctioning": Multi-Dimensional Assessment Urgently Needed for DeFi Investment
During the DeFi market boom, people often viewed the project's Total Value Locked (TVL) as an important indicator to measure project and token asset value. However, as this market cools down, the TVL indicator seems to have "malfunctioned". According to OKLink data, in the past month and a half, DeFi's total asset market value has decreased from $17.74 billion to $10.12 billion, a decline of 42.95%; however, during this period, DeFi projects' total locked value has instead shown an upward trend, increasing from $11.1 billion to $13.54 billion, a rise of 21.98%.
鸵鸟区块链2020/10/199 分钟阅读
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Bloomberg Bitcoin Report: May Reach $100,000 by 2025
Original source from Bloomberg Intelligence Author: BI Senior Commodity Strategist Mike McGlone Translator: Moni Content Overview 1. Historic Growth: Bitcoin is expected to reach $100,000 by 2025; 2. Bitcoin Advantages: Price increase due to increased market demand rather than increased supply; 3. If market trends remain unchanged, Bitcoin is expected to remain the largest cryptocurrency by market cap in 2021,
鸵鸟区块链2020/10/1810 分钟阅读
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UBI is Back: Complete Analysis of the Design Logic of Suddenly Popular Circles
Author: Azuma Operations: Gai Yao Editor: Mandy Wang Mengdie "Hey! Check out my Circles profile!" If you frequently hang around in various cryptocurrency communities, you've probably seen this sentence these days (usually followed by a link). What's this new thing? Did Circle launch a new product? Can I go all-in? In fact, the sentence above is a forwarding message automatically included by a new project called Circles when activating an account.
鸵鸟区块链2020/10/1811 分钟阅读
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Filecoin Miner Strike? Hear What Top Miners and Officials Say
On the evening of October 17, a report circulated in social circles: five major miners from Xianhe collectively shut down in protest. For example, Zhiheyun's mining machines sharply declined from over 8,000 to 276, mining power of the other four including 1475 has already reached 0, and Spacetime Cloud's mining power also dropped from over 11,000 last night to 1,870 now. Moreover, many others have chosen not to increase their computing power.
鸵鸟区块链2020/10/185 分钟阅读
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In-Depth Discussion of Cryptocurrency Market Black Swan Derivation Framework: Taking the 3.12 Event as an Example
This article is divided into three parts. The first part discusses the external factors directly causing the cryptocurrency market black swan in March, namely the long-accumulated liquidity problems in the US stock market; the second part analyzes more market microstructure factors behind this crash event to present a more complete story; finally, the third part proposes a "cryptocurrency market black swan event derivation framework" applicable to the current environment and explores factors that could significantly impact the likelihood of similar market collapse events occurring recently.
鸵鸟区块链2020/10/1837 分钟阅读
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Multiple Listed Companies Purchase Bitcoin as Asset Reserves, Can It Trigger a Bitcoin Buying Spree?
Author: ANDREW SINGER Translator: Zion Editor: Rose October is a season of surprises. On October 8, Square, a mobile payment giant with a market cap of $86.6 billion, suddenly announced that it has invested $50 million in Bitcoin (BTC). Five days later, Stone Ridge Holdings, an asset management company managing over $10 billion in assets, revealed that it has purchased over 10,000 Bitcoin, worth approximately $114 million, as part of its asset reserve strategy.
鸵鸟区块链2020/10/188 分钟阅读
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Understanding Shenzhen Digital Yuan Development Progress
With the rapid popularization of mobile payments, people have developed rich imaginations about a "cashless society," and the pace of the central bank issuing legal digital currency is accelerating. The digital yuan pilot in Luohu District, Shenzhen, has chosen a red envelope consumption scenario, involving broader populations and merchants with more open formats. Although this pilot remains a routine test in the digital yuan R&D process, it demonstrates that digital yuan development is progressing actively and steadily.
鸵鸟区块链2020/10/1812 分钟阅读
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Shocking Debut: Filecoin's Value Awaits Verification
On October 15th at 10:44 PM, Filecoin block height reached 148888, and the mainnet officially launched. After three years, Filecoin, jokingly called the "king of delays," finally redeemed itself. Subsequently, the price performance of mainnet asset FIL and network operation became the market's focus. At 11:50 PM that night, Huobi opened FIL trading, and the market price then showed a roller-coaster K-line. After briefly rising to $220, FIL began to plunge sharply. By 2 PM the next day, FIL was quoted at $65.5, down 70% from its peak.
鸵鸟区块链2020/10/186 分钟阅读
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Understanding Lock-up from Filecoin's Perspective
01\ Filecoin is currently the hot topic in the market, so let's start with it. Filecoin's lock-up rules are among the most complex in the industry, with good research value. I'll briefly describe several core lock-up rules: (1) Early investors' token costs have different discounts, with linear release periods including 6 months, 1 year, 2 years, 3 years, etc.
鸵鸟区块链2020/10/175 分钟阅读
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The Underestimated Stablecoins
In 2020, the digital asset industry achieved tremendous growth, with new developments throughout the field, and stablecoins have gradually become important in the cryptocurrency sector. While some attribute this growth to crypto enthusiasts' strong interest in decentralized finance, others view it as a bullish trend because it confirms that fiat currency is gradually flowing into the cryptocurrency ecosystem. As the DeFi ecosystem continues to develop, stablecoins used to obtain high returns from various decentralized lending projects are becoming increasingly popular. Stablecoins also help narrow the gap between fiat currency and digital assets.
鸵鸟区块链2020/10/179 分钟阅读
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Daily DeFi Review: dForce Swap Plunges 79.03%, DeFi Total Locked Value Reaches $14.25 Billion
The DeFi market showed minor declines today, with Uniswap V2, Maker, and Curve ranking top three in DeFi project lock-up volume; UNI token price rose 4.56%, reaching $3.21. DeFi Protocol Total Locked Value: Today's DeFi protocol total locked value is $14.22 billion, with a duplication rate of approximately 36.4%, making the true total locked value $9.06 billion.
鸵鸟区块链2020/10/172 分钟阅读
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What Financing Landscape Did DeFi Present in Q3?
In Q3, the digital currency market scale expanded from approximately $26.01 billion to approximately $34.22 billion, with market trends basically continuing the upward trend from Q2. Among them, DeFi concept tokens represented by UNI, YFI, and LEND became the largest driving force for market gains. Under the incentive of Yield Farming, DeFi concept tokens averaged gains exceeding 240%, with YFI becoming the first 10,000x token of 2020 within 43 days.
鸵鸟区块链2020/10/178 分钟阅读
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Gu Yanxi: Retail Cross-Border Payments After Libra
The G7's recent meeting issued a statement on global stablecoins, stating that "no global stablecoin project can launch until relevant legal, regulatory, and supervisory requirements are addressed." Such a statement is clearly directed at Libra. This decision is obviously a major blow to Libra's development. However, the G7's decision is not necessarily all bad news for Libra. In my view, Libra's most promising market is not in regions with existing mainstream fiat currency circulation, such as the US and European markets, but in areas where fiat currency support is weak.
鸵鸟区块链2020/10/176 分钟阅读
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What is DAI and How Does It Work?
Ostrich Blockchain Overseas Translation Department: KIM This is a brief overview of how MakerDAO and Dai work. The system has many complexities, but I believe that to briefly summarize how Maker endows Dai with stablecoin properties, the core is to outline its main mechanisms. We know that since cryptocurrency's creation, it has made great progress, but some key issues hinder its use as real-world currency. One problem is: a single cryptocurrency's price can fluctuate dramatically within a day, let alone within an hour.
鸵鸟区块链2020/10/1710 分钟阅读
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Filecoin Head Miners Collectively Shut Down in Protest, Fork Project Filecash May Become New Option
On the evening of October 15th, Filecoin block height successfully reached 148888, and the mainnet finally launched after multiple delays. After years of anticipation, the market reacted enthusiastically to the news. That afternoon, FIL futures prices on various exchanges surged 12% in just 2 hours. Hours before mainnet launch, Gate.io listed FIL spot trading, and the coin price surged instantly, exceeding 200 USDT at one point with gains up to 500%. Spot prices on other exchanges also rushed to challenge 200 USDT.
鸵鸟区块链2020/10/176 分钟阅读
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How to Define Crypto Market Structure 3.0?
I read Arjun's article on crypto market structure 3.0 a few weeks ago. In the blink of an eye, the crypto market has passed through 10 years, during which we roughly experienced three stages: wild frontier period, wild growth period, and maturity period. That article gives us a macro perspective overview of the crypto market's full landscape. The entire article flows smoothly and is grandly written, possibly this year's first manifesto-like investment literature. Although it doesn't involve specific coins, in the current context of DeFi squeezing bubbles and overall market pullbacks, this article becomes even more meaningful. Because it makes us think about what kind of changes this market has fundamentally undergone.
鸵鸟区块链2020/10/175 分钟阅读
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What is Uniswap's Position in the DeFi Space?
Uniswap is the largest decentralized exchange in cryptocurrency. Imagine Google, in its early days, giving you stock just for using it to search the web. Or, imagine Facebook giving you shares just for creating an account. Or Uber rewarding you with company equity for riding their cars. Well, that's Uniswap, the largest decentralized exchange in the cryptocurrency market and the largest application on Ethereum. The protocol currently has a market cap of $3.5 billion, and the issuance of its new token UNI has surprised the crypto community.
鸵鸟区块链2020/10/176 分钟阅读
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The Dilemma of Optimistic Rollup
Three sentences to summarize: We believe liquidity providers will prefer ZKR-Uniswap (Uniswap built on ZK-Rollup) over OR-Uniswap (Uniswap built on Optimistic Rollup), because the former has higher capital efficiency. To improve the capital efficiency of OR, we need to shorten its Dispute Time Delay (DTD), thereby reducing the cost of launching "fraud + censorship" attacks on Layer 1.
鸵鸟区块链2020/10/177 分钟阅读
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How is the Much-Anticipated Layer 2 DeFi Development Progressing?
Gas fees remain the favorite topic of DeFi enthusiasts. By expressing surprise at prices exceeding 300 gwei, or discussing gas prices at different times of the day, we can easily build connections with liquidity miners. As long as trading on Ethereum can generate significant economic value, gas fees will remain high, and it's hard to imagine any situation where Ethereum block space loses value in the short term.
鸵鸟区块链2020/10/175 分钟阅读
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Computing Power Changes the Future—World Digital Economy Application Summit About to Grand Opening
As the saying goes, "one day in the human world is ten years in blockchain." This year in the blockchain field has experienced rapid development and tremendous transformation. Against this background and opportunity, the highly anticipated World Digital Economy Application Summit, which is valued and influential in the industry, will be grandly held on October 20, 2020, in Shenzhen. This conference is jointly hosted by AstroNetwork and World Chain Finance, with exclusive naming by SCDO, and is under the guidance of Shenzhen Information Service Industry Blockchain Association.
鸵鸟区块链2020/10/172 分钟阅读
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Wang Yongli: Digital Yuan Replacing Cash Can Only Be the First Step
China's central bank first promoted digital yuan by replacing M0 and adhered to a dual circulation mode, which is a very rational and wise choice. However, it should be noted that with the development of information technology, M0's share of the total money supply has dropped to below 4%, and continues to decline. Therefore, the digital yuan should by no means be limited to replacing M0, but should instead promote further reforms on this basis.
鸵鸟区块链2020/10/1712 分钟阅读
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Structure of Binary State Tree
Over the past few months, I have been working on transitioning the trie from a hexadecimal tree structure to a binary tree structure. I have written an article on how to convert state tree formats (with a Chinese translation), but it did not fully explain the structure of the state tree. I will write a series of articles to explore what trade-offs need to be made when designing the new structure. This article is the first in the series. When designing hexadecimal trie, some design choices sounded great at the time, but after 5 years of practice, they proved to introduce a lot of complexity.
鸵鸟区块链2020/10/1711 分钟阅读
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Daily DeFi Review: Percent Plunges 83.65%, DeFi Total Locked Value Reaches $14.26 Billion
The DeFi market today showed stable performance, with Uniswap V2, Maker, and Curve ranking in the top three in DeFi locked value; UNI token price rose 4.56%, reaching $3.21. DeFi Protocol Total Locked Value Today's DeFi protocol total locked value is $14.26 billion, with a duplication rate of approximately 36.62%, and true total locked value of $9.04 billion.
鸵鸟区块链2020/10/162 分钟阅读