Phyrex.Ni

Phyrex.Ni

No extravagance, no waste

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Phyrex.Ni
Phyrex.Ni
After watching what Michael said, I felt deeply touched. Actually, recently many friends have been chatting with me about ethereum:native related matters. Maybe it's a case of birds of a feather flocking together; many of my close friends still hold a large amount of ETH. From my personal perspective, first of all, I am still regularly investing in ETH and have no plans to stop. My attitude towards ETH is very simple: on one hand, it is the cryptocurrency at the forefront of compliance. Although there are now more than a dozen tokens that have passed the US spot ETF, only two have significant trading volume in the entire US with participation from institutions at the level of BlackRock: one is bitcoin:native and the other is ethereum:native. When I invest regularly, I have one viewpoint: whether I am right or not is not important; what matters is that I believe BlackRock is right. In fact, this is the conclusion I have reached. So far, the largest capital flow in the cryptocurrency field comes from BlackRock investors. Besides the brand endorsement, although the technical field hasn't been discussed much for a long time, I have seen too many public chains claiming to be Ethereum killers, boasting better performance and lower gas fees. But today, ETH is still the most Turing-complete public chain, the most decentralized public chain, and the public chain with the strongest consensus and development. On the contrary, I think ETH's biggest problem is the ETH Foundation. The biggest gap between Vitalik and Satoshi is that he hasn't let go yet. The day the ETH Foundation no longer exists, ETH might have better development. Of course, from a price perspective, it is indeed cooling off now, but I still believe that when liquidity recovers, ETH will not perform too poorly.
Phyrex.Ni
Phyrex.Ni
Last month, the chipmunk went to the food court alone and used a water cup to save a seat, one of those really big water cups. In the food court, it's basically common to use a water cup, napkin, or some small item to save a seat. But when the chipmunk got the food, they found their water cup had been taken by someone else. It's almost impossible to mistake it for someone else's, and losing small items like this in the food court happens frequently. Stealing directly from you might not happen often, but taking things directly from the table is quite common.
danny
danny
Although Singapore is safe, it's still quite a distance from being truly honest and upright~ Here's roughly what happened: I was on a business trip and flew ✈️ back to Singapore. Just before getting off the plane (the plane had already stopped), I suddenly remembered a call and wanted to find my AirPods (usually kept in my pocket), but no matter how hard I looked, I couldn't find them. I even asked the flight attendants to make an announcement asking passengers if anyone had seen them, but of course, no one responded. I thought maybe I was just too tired and hallucinating, or that I had put the AirPods somewhere else by mistake. After I finished my work, I started searching all over my house but still couldn't find them, then I remembered to open Apple's Find My. And guess what... they were 10 km away, right here in Singapore 🤣 The good news is I wasn't hallucinating—they were indeed taken by someone. The bad news is these AirPods were a gift from an old friend and have been with me for three years... sigh. I activated Lost Contact—hopefully he/she will reach out to me in the next few days, otherwise, I wouldn't mind dropping by to check 🤣😄
Phyrex.Ni
Phyrex.Ni
Today's market is actually quite clear. The main reason for the rise is the indication from the US and Iran that an agreement might be reached. But honestly, this optimism mainly comes from the US side; I haven't seen any related content in Iranian media, so it might just be a unilateral victory announcement from the US or Trump, with Iran not cooperating at all. Although the US stock market has driven Bitcoin up, and both WTI and Brent have declined, there is no information about Iran allowing passage through the Strait of Hormuz. On the contrary, Iran is still setting its own regulations for managing the Strait of Hormuz, which makes it hard for me to be optimistic in advance, as such back-and-forth has happened too many times. Of course, there is no better approach at the moment. So far, my short position on WTI has started to show paper profits, and the liquidation price has consistently stayed above $120. The funding rate is not high now, so I can hold on for two more days to see how it goes. I still believe that even if the Strait of Hormuz is not yet open, it won't take too long. The Federal Reserve's April meeting minutes released today also address this issue. Many Fed officials are starting to consider re-evaluating rate hikes if inflation continues to rise. This is the biggest challenge for Trump. With Walsh in charge, there's no talk of rate cuts; with oil prices this high, rate cuts are impossible unless Trump can completely resolve the Strait of Hormuz issue. Moreover, the inflation caused by the Strait of Hormuz issue is not just affecting the US; most countries worldwide, including China, are impacted. Therefore, pressure on Iran will be comprehensive, and the longer this drags on, the worse it is for Iran. Back to Bitcoin data, I have always maintained that more investors are shifting to long-term holding. Currently, the $BTC price is mainly determined by short-term investors, and what influences short-term investors is the US macro environment, politics, and economy. Although today's meeting minutes are not good, as long as we see talks between the US and Iran and the Strait of Hormuz open, these issues won't matter. #Bitget VIP access is here! Crypto, US stocks, CFDs, global opportunities all in one place
Phyrex.Ni
Phyrex.Ni
It's been over 75 days, right? I believe even Trump didn't expect the US-Iran geopolitical conflict to last this long. He’s probably regretting it deeply now, but since it has happened, it needs to be resolved as soon as possible. Although Vance said today that the negotiations with Iran have achieved some results, the market no longer believes the 'wolf is coming' story. The current market is just watching the oil price; if oil prices don’t come down, it means inflation cannot be eased. From the situation in the Strait of Hormuz, the US Navy has intensified the blockade of Iranian ports and today expelled some ships attempting to approach Iran. This is a significant blow to Iran’s shadow fleet. So, when neither side wants to escalate attacks, they are choking each other, and it’s a matter of who runs out of breath first. But Hormuz is not just about oil; it also involves food and fertilizer. Therefore, the longer this lasts, the more disadvantageous it is for Iran. Considering their own interests, Europe and Asia may both urge Iran to open the Strait of Hormuz. Everyone understands the reasoning, but it’s really unclear how long Iran can hold out. The last IEA report said until the end of May, and there are still 10 days left. Hopefully, it can be resolved. Back to Bitcoin data, with the US stock market falling, $BTC is indeed oscillating downward, but it’s clear that the decline in Bitcoin is slowing down. This is mainly because short-term turnover investors are decreasing, and more investors prefer to hold long-term. Most investors also know that the current decline is caused by the US-Iran standoff, and once the war ends, the probability of a rebound will be very high. So, there is no sign of massive investor sell-off, and daily turnover is not intense. Investors are still maintaining a rational attitude for now. #Bitget VIP is here! Crypto, US stocks, CFDs, global opportunities all in one place
Phyrex.Ni
Phyrex.Ni
Unconsciously, I've been following this show for almost four years. Although it's not the show I've followed the longest, it should be my favorite American series in the past five years, almost without equal. From the very first episode of the first season, it captivated me. It's now in its fourth and final season. I highly recommend it. The show is called "FROM," produced by MGM+. It's a horror series that really tests human nature. The bloody scenes are rated 18+. Even now, the main storyline is still unclear. Yes, even though the finale is coming up soon, no one really knows what the whole show is about. It's that bizarre, but that's exactly what makes it so captivating. None of the cast are very famous or particularly outstanding in appearance, but their character performances are excellent. The whole series feels like a puzzle-solving game where the characters are chased by monsters, and no one knows what the mystery really is. Highly recommended!! This should be my second most recommended American series. The first one is called "Shameless."
FROM on MGM+
FROM on MGM+
Do you believe in monsters? Season 2 of #FROM premieres April 23 on #MGMplus. #FROMily
Phyrex.Ni
Phyrex.Ni
By now, the data for $ETH and bitcoin:native have become very similar in structure. Most retail investors who chase rallies and sell on dips have already exited, leaving mostly BlackRock investors engaging in short-term trading. Even the short-term selling volume from BlackRock investors is decreasing. This situation aligns with the long-term holder and high-net-worth position data we've recently reviewed. More traditional investors have reduced their chase-and-sell behavior in crypto and have shifted towards long-term holding. If their goal is short-term, they likely prefer U.S. stocks. #Bitget means VIP access! Crypto, U.S. stocks, CFDs—global opportunities all in one place
Phyrex.Ni
Phyrex.Ni
On Monday, the data for $ETH spot ETFs continued to be poor, which was expected since investors chasing rallies and selling during downturns are gradually exiting. However, it is quite similar to Friday's expectations; except for a significant reduction in investors from BlackRock, other institutional investors have not reduced their holdings much. It's not that other institutional investors have higher awareness, but rather that short-term investors have mostly left. Especially in the past two weeks, Fidelity's investors have been exiting about 5% of their holdings daily, and even now, daily sell-offs are around 1% of the holdings. Other institutions are even less active. For the market to warm up again, we still need to see the complete resolution of the conflict between the US and Iran. #Bitget comes as VIP! Crypto, US stocks, CFDs, a one-stop global opportunity layout
Phyrex.Ni
Phyrex.Ni
It's been over 75 days, right? I believe even Trump didn't expect the US-Iran geopolitical conflict to last this long. He’s probably regretting it deeply now, but since it has happened, it needs to be resolved as soon as possible. Although Vance said today that the negotiations with Iran have achieved some results, the market no longer believes the 'wolf is coming' story. The current market is just watching the oil price; if oil prices don’t come down, it means inflation cannot be eased. From the situation in the Strait of Hormuz, the US Navy has intensified the blockade of Iranian ports and today expelled some ships attempting to approach Iran. This is a significant blow to Iran’s shadow fleet. So, when neither side wants to escalate attacks, they are choking each other, and it’s a matter of who runs out of breath first. But Hormuz is not just about oil; it also involves food and fertilizer. Therefore, the longer this lasts, the more disadvantageous it is for Iran. Considering their own interests, Europe and Asia may both urge Iran to open the Strait of Hormuz. Everyone understands the reasoning, but it’s really unclear how long Iran can hold out. The last IEA report said until the end of May, and there are still 10 days left. Hopefully, it can be resolved. Back to Bitcoin data, with the US stock market falling, $BTC is indeed oscillating downward, but it’s clear that the decline in Bitcoin is slowing down. This is mainly because short-term turnover investors are decreasing, and more investors prefer to hold long-term. Most investors also know that the current decline is caused by the US-Iran standoff, and once the war ends, the probability of a rebound will be very high. So, there is no sign of massive investor sell-off, and daily turnover is not intense. Investors are still maintaining a rational attitude for now. #Bitget VIP is here! Crypto, US stocks, CFDs, global opportunities all in one place
Phyrex.Ni
Phyrex.Ni
Last time @gokunocool came to Singapore, he introduced me to @Billion_Global, mainly because I am very optimistic about the live streaming + prediction field. To some extent, I even believe this sector is one of the few opportunities currently emerging in the Asian prediction market. The biggest problem in the Asian prediction market right now is not the lack of topics, nor is it entirely due to cultural differences between Europe and Asia. One of the biggest issues is the misalignment in user targeting. I talked about this in an interview with @hananotsorry; prediction markets that fail to see this clearly will struggle to survive. Don’t assume that because Polymarket and Kashi use cryptocurrency, crypto users are the main force in prediction markets. This is a very mistaken view. Most crypto users are here to "defy fate"—if they can’t make several times or even tenfold profits, most won’t be interested. Moreover, prediction markets are, in the long run, a form of financial investment returns, not a "gambling" activity where you can make several or even tens of times your money anytime. For users accustomed to high leverage and contracts, prediction markets are at best entertainment, unless a fully automated "quantitative" solution can be developed. Prediction markets need to break free from the "cryptocurrency" trap; going mainstream is essential. Sticking to the small crypto niche every day makes it difficult to achieve significant growth.
Billion Live
Billion Live
BillionLive is officially live on @XLayerOfficial and participating in the X Layer Hackathon. As the all-in-one social trading portal on X Layer, we're bringing livestream trading, social engagement, and prediction markets to the OKX ecosystem. Now live on X Layer: - X Layer deposit & withdraw - Tipping on X Layer - Live copy trading powered by OKX DEX BillionLive is the first live-trading platform. Watch real traders, chat in real time, and copy trades in one tap - all without leaving the stream. Trading is no longer just charts and numbers. It’s now interactive, social, and live. #Billionlive Beyond streaming. BillionLive is officially launched on @XLayerOfficial and has registered to participate in the X Layer Hackathon. We are bringing a new experience of livestream trading, social interaction, and prediction markets to the OKX ecosystem. Now supported: X Layer asset deposits and withdrawals Tipping function in X Layer livestream rooms Integrated OKX DEX real-time copy trading in livestream rooms BillionLive is the first live prediction trading platform. Watch real trades, see operations, discuss strategies, and copy real trades with one click without leaving the livestream room. Trading is no longer just cold K-lines and numbers, but a new experience that is real-time, interactive, and social.
Phyrex.Ni
Phyrex.Ni
On Monday, the data for $ETH spot ETFs continued to be poor, which was expected since investors chasing rallies and selling during downturns are gradually exiting. However, it is quite similar to Friday's expectations; except for a significant reduction in investors from BlackRock, other institutional investors have not reduced their holdings much. It's not that other institutional investors have higher awareness, but rather that short-term investors have mostly left. Especially in the past two weeks, Fidelity's investors have been exiting about 5% of their holdings daily, and even now, daily sell-offs are around 1% of the holdings. Other institutions are even less active. For the market to warm up again, we still need to see the complete resolution of the conflict between the US and Iran. #Bitget comes as VIP! Crypto, US stocks, CFDs, a one-stop global opportunity layout
Phyrex.Ni
Phyrex.Ni
What Old Wu said, I really have studied it. Indeed, Bitcoin is a kind of "certificate" of electrical energy, but unfortunately, Bitcoin cannot be directly converted into electricity. That was my previous thought. Yesterday I watched a short video that I thought was very good. In the future world, all transaction currencies will be Tokens, and one Token represents a unit of electrical energy. Having Tokens means you can charge. And the items purchased with Tokens can all be converted back into electrical energy through some kind of recycling machine. This made me think, although Bitcoin cannot be directly converted into electricity, BTC can be converted into money, and money can be used to buy electricity, so isn't that indirectly Bitcoin = electrical energy? After all, compared to "computing power," Bitcoin's transactional and commodity attributes are stronger. In the future, even buying electricity might only be possible through $BTC, which would turn it into a pure "energy" transaction.
Phyrex.Ni
Phyrex.Ni
Every time it comes to a critical moment, Trump always TACO
Phyrex.Ni
Phyrex.Ni
Iran's new Strait of Hormuz management agency has opened an X account and stated that any passing vessels must fully coordinate with the agency; passage without permission will be considered illegal. The United States believes that Iran's earlier proposal to end the conflict does not constitute a substantive improvement and is still insufficient to reach an agreement.