SBF: The concept of a stable algorithmic currency should be supported by those who hold the highest value.

01月
06
2021-1-6 17:31
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In explaining his concept of “algorithmic stability,” FTX CEO SBF said on Twitter that the market value of algorithmic stability will sometimes increase. The concept of "fixed profits" is useless if it is not supported by the belief that it can bear most of its value.

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On January 3, Bitcoin hit an all-time high of $ 34,800 (this high has been renewed). Bitcoin's market share reached 73.71% (according to TradingView data) that day, before dropping the next day. for 68%. 73% of Bitcoin market cap last appeared in September 2019. This is an important area of ​​protection that will determine the fate of altcoins. Cryptocurrency analyst MagicPoopCannon said, "In essence, if the market value of BTC exceeds that number, there's a good chance that number will increase by over 90%." whether the United States Securities and Exchange Commission prosecutes crypto companies for publishing unregistered securities. , the market value of Bitcoin will increase further.
2021-1-6 17:31

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