Recently, Binance Square has been hotly debating the Bitcoin vs tokenized gold debate battle. This contest of 'digital gold' is quite interesting, but in my view, Bitcoin is the native digital gold, while tokenized gold is merely an on-chain improvement of traditional assets. The underlying logic of the two has essential differences.
The strength of Bitcoin lies in its pure 'trustless' mechanism. It does not rely on any issuer or custodian; the rules are determined by code and global node consensus, with a constant total supply that cannot be tampered with. This mathematical certainty is particularly valuable today, as traditional financial systems are full of uncertainties. Tokenized gold (such as XAUT, PAXG) still requires one to believe that the institutions behind it will honestly hold sufficient physical gold.
From the perspective of value fundamentals, Bitcoin's value comes from a global digital consensus and the enormous energy and computational costs consumed by its proof-of-work (PoW) mechanism; it is a value storage native to the digital world. In contrast, the value of tokenized gold is ultimately anchored to physical gold and can be seen as an on-chain certificate of gold, whose significance lies more in enhancing the liquidity and programmability of physical gold rather than creating a new paradigm of value storage.
Of course, it's a good thing that tokenized gold gives new life to ancient assets, providing new stable asset options for on-chain finance. However, when it comes to who can represent the future, I still bet on Bitcoin, which does not rely on any intermediaries and is truly safeguarded by code and mathematics. It is not only 'digital gold' but also a revolution about trust and value.
Investment carries risks, and one should be cautious when entering the market. The above is just the personal opinion of Coinwave789 and does not constitute investment advice. #BinanceBlockchainWeek #BTCVSGOLD $BTC
This single-order agent has caused a lot of trouble! Order tracking involves risks, proceed with caution! Especially those agents with "high leverage" and many historical single-order projects—think carefully before getting involved! #跟单推荐 $BTC
$COLLECT Smelling a hint of MMT just starting the contract, why not build a bottom position and try to set a stop-loss. The cryptocurrency market has risks, so be cautious when betting!
Say No to Event Futures. Forever refuse event contracts! Many streamers in the square are playing contracts without understanding them, so they go for event contracts! In reality, event contracts are even worse than gambling in a casino, at least you get 1 to 1 odds. Event contracts can't even achieve 1 to 1 odds. Therefore, to avoid losing your U, please directly block any streamer showcasing event contracts! $BTC $ETH #事件合约
Cryptocurrency Pitfall Avoidance Guide Whenever you see a blogger named “XX says trend” or something named with “trend”, it is advisable to directly block them! This will help you avoid pitfalls in the cryptocurrency space. Their tactic starts with grand promises, then they pull you into private traffic to harvest you. #避坑 $BTC
1. Institutional Capital Inflows Strong, Digital Asset Investment Products (ETP) Last week, global net inflows reached $716 million, pushing total assets under management to $180 billion. The capital mainly flowed into the markets of the United States, Germany, and Canada, with Bitcoin products attracting $352 million. 2. Harvard Fund Significantly Increases Bitcoin Investment Harvard University Endowment Fund expanded its position in the iShares Bitcoin Trust by 257% in the third quarter, reaching a market value of $442.8 million by the end of September, making it the largest single position in the fund's portfolio. This move is interpreted by the market as a typical 'currency devaluation trade.'
If you have a position, you might consider taking profit first! $ALLO #allo
Coinwave789
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Bullish
$ALLO shows signs of a solid U-shaped rebound at the bottom. Those interested can start with a small bet to open an observation position. Once the U-shaped rebound is confirmed, we can take a look at the historical high points! Speculation carries risks, and bets should be made with caution. The above comments do not constitute investment advice. #ALLO
1. Whales quietly accumulate during market corrections: Over the past month, altcoins generally corrected by 15%-40%, and whale addresses have quietly built positions in multiple sectors. XRP has become a favorite, with net inflows from whales exceeding $2.4 billion; the old-chain ADA has seen rare rotational buying; DeFi blue chips UNI and AAVE have been simultaneously bought up due to rising fee expectations; meme coins like PEPE have also seen increased holdings. 2. Bitcoin breaks through $91,000, mainstream coins rise broadly: The cryptocurrency market has continued to rise recently, with Bitcoin's price breaking above $91,000 after fluctuations during the day, and Ethereum also rising, surpassing the $3,100 mark.
1. The market is experiencing severe fluctuations, with Bitcoin falling below the $89,000 mark. The Bitcoin price continued to fluctuate over the weekend, briefly dropping below $89,000, down nearly 29% from its historical high of $126,000. This volatility led to approximately 100,000 people being liquidated across the network within 24 hours, with a total liquidation amount of about $114 million. The trading volume of major cryptocurrencies has generally seen a substantial decline. 2. Seven financial associations in China jointly issued a risk warning, strictly prohibiting domestic regulatory involvement in cryptocurrency-related businesses. The China Internet Finance Association, the China Banking Association, and five other financial associations jointly released a significant risk warning. The content reiterates that virtual currencies do not have the status of legal tender and prohibits domestic institutions and individuals from engaging in the exchange of legal currency for virtual currencies, virtual currency mining, and the tokenization of real-world assets (RWA), while also noting that stablecoins do not meet anti-money laundering requirements.
1. Bitcoin has fallen below $90,000, with over 3 billion yuan in liquidations across the network. The price of Bitcoin dropped to a daily low of $88,069, with a 24-hour decline of over 4%, leading to approximately 133,000 liquidations across the network, totaling up to $425 million (around 3 billion yuan). Options market data shows that traders generally bet that Bitcoin will continue to fluctuate sideways in the short term. 2. The China Internet Finance Association and six other departments have jointly issued a warning about the risks of virtual currency trading. The seven major associations released a risk alert today, emphasizing that activities related to virtual currencies are illegal financial activities, reminding the public to be vigilant about risks and to protect their "wallets." Relevant institutions are prohibited from providing any services for virtual currency trading, token issuance, etc.
$ALLO shows signs of a solid U-shaped rebound at the bottom. Those interested can start with a small bet to open an observation position. Once the U-shaped rebound is confirmed, we can take a look at the historical high points! Speculation carries risks, and bets should be made with caution. The above comments do not constitute investment advice. #ALLO
1. The market is generally correcting, with Bitcoin falling below 93,000 USD after a continuous rise. The cryptocurrency market has seen a widespread correction today, with Bitcoin (BTC) price falling below 93,000 USD, and Ethereum (ETH) price also falling below 3,200 USD. Multiple sectors including PayFi, DeFi, and Meme have all seen declines, but a few tokens like DASH and ULTIMA have risen against the trend. 2. The data shows that the Bitcoin spot ETF has ended a consecutive net inflow. On December 3rd, Eastern Time, the total net outflow of Bitcoin spot ETF was approximately 14.89 million USD, ending the previous trend of five consecutive days of net inflow. Among them, BlackRock's IBIT product still recorded net inflow, while ARKB had the highest net outflow.
1. Market conditions warm up, Bitcoin breaks through $93,000 The cryptocurrency market welcomes a general rise today. Bitcoin's price has broken through the $93,000 mark, with an intraday increase of over 2.4%; Ethereum also performed strongly, with a price exceeding $3,100 and an intraday rise of over 5%. Meanwhile, the inflow of funds into cryptocurrency ETFs has rebounded, with global cryptocurrency funds recording an inflow of $1.1 billion last week, the highest in seven weeks. 2. BlackRock makes a significant statement, acknowledging its optimism for cryptocurrencies Larry Fink, the CEO of the world's largest asset management company BlackRock, publicly admitted that his previous opposition to Bitcoin and cryptocurrencies was wrong and stated that BlackRock is now actively embracing Bitcoin. At the same time, BlackRock's report predicts that the United States' ever-increasing massive debt (expected to exceed $38 trillion) will drive institutions to adopt cryptocurrencies more as alternative investment tools.