比特币的底部在哪里？日前美国加密投资基金Valkyrie Investments联合创始人和CIO Steven McClurg表示，25000美元可能是底部，自己会一直买入到25000美元甚至更低。“考虑到全球各国还在印钞，未来将有跟多的政府支出和更多的通货膨胀，任何供应有限的东西现在都很有意思。”
数字资产公司Galaxy Digital首席执行官Mike Novogratz在最近的财报电话会议上预测，加密货币复苏不会在未来两个月内发生，加密市场还会有更多的损失。但他表示对市场还是“非常有信心”，一旦股市找到“某种底部”，比特币将会反弹。今年一季度，Galaxy Digital净亏损达1.117亿美元，亏损同比下降近87%。
Zhan Ketuan retired from his post as legal representative in October last year and has no post in the company since he stepped down as executive director. After the Gong Dou Opera, the two founders of Zhan Ketuan and Wu Jihan finally left Bitterland.
Under the influence of geopolitics, the market has gradually lost its enthusiasm for speculative assets and cryptocurrencies have been sold off. Bitcoin recently fell below $30,000, halving from last year's high, and 40 per cent of bitcoin investment accounts lost money. The head stability currency has also been "decoupled", further causing panic.
At Berkshire Hathaway's annual shareholder meeting this year, Buffett again attacked Bitcoin on the grounds that Bitcoin "does not produce any value".
Zhan Ketuan withdrew from the bit continent
After a "peaceful breakup" with Wu Jihan, Zhan Ketuan finally chose to leave.
According to Tianyan information, industrial and commercial changes have taken place in Beijing bit Continental Technology Co., Ltd. Zhan Ketuan stepped down as executive director and ceased to hold office in Bitland.
As a giant company of domestic mining machines, Bitland has sought IPO many times, but so far it has not been done yet. After many plots such as founder infighting and grabbing business licenses, Zhan Ketuan and Wu Jihan reached an agreement in January 2021. Wu Jihan resigned as chief executive and chairman of Bitland. Zhan Ketuan borrowed US $400 million from Bitland and raised US $200 million from the outside to buy about half of Wu Jihan's team.
In addition, Wu Jihan took Bitdeer and overseas mines in the United States and Norway to serve as chairman of bit Xiao Lu, a cloud mining service owned by bit Continent. Antpool (Ant Mine Pool) has also been split into an independent company led by Zhan Ketuan. Wu Jihan said at the time that the number of shares held by round B and round B + investors also tripled in order to be in line with the valuation adjustment. Bitterland's business model will be more intuitive and the road to IPO will be smoother.
In September 2021, the people's Bank of China and other ten departments issued the Circular on further preventing and dealing with the risk of speculation in Virtual currency transactions and the National Development and Reform Commission issued the Circular on regulating the "Mining" activities of Virtual currency. After the announcement, many related companies responded to regulation and stopped Chinese mainland services, including exchanges, financial service providers, mining pools, market inquiries and other enterprises, including Bitterland.
In October, Bitu's WeChat official account announced that in response to government policies where the company's entities are located, Ant Mining machines will stop shipping to Chinese mainland (excluding Hong Kong and Taiwan, China). In the same month, the legal representative of Bitterland was changed from Zhan Ketuan to Zhou Feng.
However, on May 10, Bitterland added a piece of foreign investment information to invest in a company called Beihaishan Investment Partnership (limited partnership). The company was established on May 9, and its business scope includes investment activities with its own funds, socio-economic consulting services, financing consulting services, information technology consulting services, and so on.
The executive partner of the investment partnership (limited partnership) next to Beihaishan is Zhan Ketuan; the controlling shareholder is Beihai Computational Venture Capital Co., Ltd., and the actual controller is still Zhan Ketuan himself. After bidding farewell to Bitland, Zhan Ketuan's next stop is expected to have other development considerations in the field of digital currency venture capital.
Bitcoin price shock causes panic
Under the influence of geopolitics, the market has gradually lost its enthusiasm for speculative assets and cryptocurrencies have been sold off.
The price of bitcoin has fluctuated repeatedly around $30, 000 recently, according to MyToken. As of the 11th, the price of 14Glo 00BTC was US $31708, down 18.43% in the past seven days and 51.79% in the past six months. Prices have halved from a peak of $67000 in November 2021.
According to blockchain analyst Glassnode, 40 per cent of bitcoin investment accounts are losing money. The proportion is even higher if short-term accounts held at the peak of Bitcoin are taken into account.
Tai Fong, which has the second largest market capitalization, has also fallen significantly recently, with the price of US $2401.77 as of 14:00 on the 11th, down 16.4% in the past seven days and 48.58% in the past six months.
The TerraUSD (UST), the third most stable currency in the cryptographic currency, fell below the dollar on Monday and fell to a low of 89 cents at one point, causing a large number of investors to sell their holdings. As of the 11th, the price of 14 0010 UST was as low as 63.9 cents, down 36.75% in the past seven days, and is currently in a state of serious decoupling.
UST is an algorithmic stable currency that maintains a peg to the US dollar through a set of coinage and destruction mechanisms on the chain. In theory, these mechanisms should ensure that traders can always replace $1 worth of UST with $1 worth of LUNA,LUNA with a floating price, designed to act as a "shock absorber" of UST price fluctuations. But in recent days, the encrypted currency market has continued to fluctuate, the price of the LUNA currency has continued to fall, the market capitalization of the two has been upside down, and holders have fled the spread of sentiment.
On Thursday, Federal Reserve Chairman Colin Powell announced that the Fed would raise interest rates by 50BP to a range of 0.75%, fulfilling its biggest single rate increase since 2000, and announced that it would shrink its balance sheet by $9 trillion from June 1, cutting by $47.5 billion a month and raising it to $95 billion in three months.
The Federal Reserve said on Monday that stubbornly high inflation, coupled with a sharp rise in interest rates, was one of the biggest near-term risks facing the US economic system, while warning that Russia's invasion of Ukraine could also affect financial stability, according to foreign media reports.
On the one hand, it is the global geopolitical threat, the selling pressure caused by US interest rate hikes and shrinking tables, and on the other hand, the "instability" of algorithmic stable coins has caused panic, and the prices of a group of cryptocurrencies, led by Bitcoin, are still likely to continue to decline in the near future.
Where is the bottom of Bitcoin? A few days ago, the co-founder and CIO Steven McClurg of Valkyrie Investments, a US encryption investment fund, said that $25000 could be the bottom, and he would keep buying to $25000 or less. "given that countries around the world are still printing money, there will be more government spending and more inflation in the future, anything with limited supply is interesting now."
The picture is from Weibo.
Mike Novogratz, CEO of digital asset firm Galaxy Digital, predicted on a recent earnings call that the cryptocurrency recovery would not happen in the next two months and that there would be more losses in the cryptographic market. But he said he was still "very confident" in the market and that once the stock market found "some kind of bottom", Bitcoin would rebound. In the first quarter of this year, Galaxy Digital posted a net loss of $111.7 million, down nearly 87 per cent from a year earlier.
Buffett attacks Bitcoin again
Even if it continues to fall, the cryptocurrency market has become one of the investment areas that investment institutions can not ignore. On April 26th Fidelity Investments announced plans to allow investors to open bitcoin accounts in their 401 (k) (retirement savings plan). Later this year, the 23000 companies that use Fidelity to manage retirement plans will have the option of adding bitcoin to their retirement savings list.
Salvadoran President Bucker said on social media on May 9 that the Salvadoran government has bought 500 bitcoins, the largest number so far. Since Bitcoin became the country's legal tender in September last year, the Salvadoran government has bought about 2301 bitcoins, Bucker said.
However, since Bitcoin swept the global investment market, Warren Buffett has consistently refused to invest in Bitcoin and repeatedly expressed his aversion to Bitcoin. Buffett has also been attacked by some bitcoin enthusiasts. Earlier, US billionaire Peter Thiel, known as the godfather of Silicon Valley venture capital, made a list of "enemies" trying to stop the development of cryptocurrency at the 2022 Bitcoin conference in Miami, with Buffett at the top of the list.
At Berkshire Hathaway's annual shareholders' meeting this year, Buffett once again expressed his views on bitcoin and said he was unwilling to spend $25 on all bitcoins in the world.
Buffett pointed out that Bitcoin is not a productive asset, nor does it produce anything tangible. Its value depends on how much the next person pays the last person who owns it. Now there are a lot of people taking part in this gambling game, but these funds change hands between different people, but the owners are different, some of them earn and some lose.
"I don't know whether the price of bitcoin will go up or down in the next year, or five or 10 years. But one thing I am sure of is that it will not produce any value. It has a kind of magic. People give magic to a lot of things. " Buffett also said that why to buy bitcoin, Berkshire can also buy their own coins. In the final analysis, there is no reason for the US government to let another currency replace the dollar we prefer now.
Munger also stressed his opposition to Bitcoin. "in my life, I try to avoid things that are stupid, evil and make me look bad compared to others-and Bitcoin takes up all three." Stupidity is that its price can still go back to zero, evil because it weakens the ability of the national currency and the Fed system. "compared with countries that have banned Bitcoin, we are still making all kinds of assumptions, which is stupid."