ETH 突破 2400 美元关口

According to PRNewswire, Nasdaq listed Bitcoin mining company BTC Digital announced the acquisition of 62 acres of land in Vienna, Duly County, Georgia for $2.1 million, including its related factories and facilities. The company also plans to invest an additional $5 million to develop an efficient and energy-saving cryptocurrency mining facility that will accommodate approximately 6000 mining machines to support cryptocurrency mining and improve deployment and maintenance efficiency.

The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

Odaily Planet Daily News - Confirmation founder Nick Tomaino has published an article explaining the reasons why ETH has surpassed BTC. He pointed out that although BTC has achieved a market value of $2 trillion through the concept of "trustless value storage", it has now evolved into an asset favored by institutions and governments, with high concentration and lack of practical application support. One entity holds over 2.5% of BTC, and its ecosystem lacks practical applications to introduce new users. In contrast, ETH is a trusted and neutral Internet native value storage. As the underlying asset of the developer platform, ETH supports the stable currency DeFi、NFT、 Key tracks such as predicting the market, decentralized social networking, and identity. Almost all the new use cases that have driven industry development in the past decade have emerged from Ethereum and are continuing to grow. These applications not only expand the size of encrypted users, but also continuously enhance their scarcity through ETH as a settlement and collateral asset. Nick stated that it is wrong for extremists to advocate for only one trustworthy and neutral store of value, and although there may be more options in the future, there are currently only two truly viable options: BTC and ETH.

BlockBeats News: On May 10th, Nick Tomaino, the founder of 1cConfirmation, posted on X stating that "Ethereum will surpass Bitcoin (ETH will flip BTC) Bitcoin is the first cryptocurrency created by the people for the people. Driven by grassroots spirit and bottom-up beliefs, it has grown from nothing to an asset worth over $2 trillion. The storage value concept based on trust in mathematics rather than people has changed the world, but now Bitcoin has become the preferred institutional asset for large corporations and governments. An entity owns over 2.5% of Bitcoin. There are no practical applications built on Bitcoin to attract newcomers. Apart from storing value, Bitcoin has no other use cases to expand the market. Ethereum is a credible and neutral storage value asset originating from the Internet, supporting the development platform, covering stable currency, decentralized finance (DeFi), NFT, forecasting market, decentralized social networking, decentralized identity, etc. All the new use cases that have driven the development of the encryption field in the past decade have been built on Ethereum, and these use cases are all growing. These use cases attract newcomers to distribute Ethereum as a storage value and make Ethereum even scarcer. Maximists claim that there will only be one credible neutral storage value asset originating from the Internet. They are completely wrong. There will be many such assets in the future, but currently there are only two viable options: Bitcoin and Ethereum

Nick Tomaino, founder of 1cConfirmation, stated in an article on X platform that BTC is the first cryptocurrency that serves the people. The grassroots spirit and belief from the bottom up have enabled it to grow from scratch, and its market value has soared to over 2 trillion US dollars. Value storage based on trust in mathematics rather than people is changing the world, but BTC has now become the preferred institutional asset for large companies and governments, with one entity owning over 2.5% of BTC shares. Currently, there are no practical applications developed on Bitcoin to attract new users, and there are no use cases other than value storage to expand market share. ETH is a trusted and neutral Internet native value storage tool, supporting the developer platform, which covers stable currency, decentralized finance NFT、 Market forecasting, decentralized social networking, decentralized identity, and so on. All the new use cases that have driven the development of this field in the past decade have emerged on Ethereum and are constantly evolving, attracting new users to distribute ETH as a value storage tool and increasing its scarcity. Some people will only have a trusted, neutral, Internet native value storage method in the future. They are very wrong and may have many, but at present there are only two feasible options: BTC and ETH.