Following Massachusetts Life’s investment of US$100 million in Bitcoin, on December 17, the investment company One River has bought US$600 million in Bitcoin and Ethereum and plans to increase its holdings to US$1 billion next year. According to CME and GJ The latest data of the trading platform, the latest price of BTC is 22,400 US dollars, and the latest price of ETH is 645 US dollars, both of which have increased by more than 10% within 24 hours. At the same time, mainstream currencies represented by Ripple XRP, XLM Stellar and LTC have surged, igniting market sentiment.
Bitcoin is hotly sought after by financial institutions and major family offices, as is Ethereum and DeFi. The Fidelity Fund with total assets under management of up to 5 trillion US dollars, its CEO Abigail Johnson (Abigail Johnson) is worth as high as 11.5 billion US dollars, and has been investing in cryptocurrencies and mining Ethereum since 2014. The latest data from DeFiBox, the global mainstream Defi platform, shows that the total value of DeFi locked-up tokens has exceeded US$19 billion, a record high. Some DeFi projects such as Sushi, Bancor, Cover, etc. keep rising.
While cryptocurrency continues to rise to create huge wealth for its holders, it is also transforming the financial world. Recently, YC founder Paul Graham tweeted, “A possible future situation: credit card companies are becoming increasingly picky about who they will process transactions for. This has become the reason for the general public to use cryptocurrency in transactions, and finally ends some credit cards Use.” Paul Graham believes that BTC will partially replace credit card transactions in the future.
And if you want to seize the wealth train of cryptocurrency, for the post-90s generation, it may be necessary to shift from Bitcoin to other projects, such as some DeFi tokens with advanced technology and advanced concepts.
GJ, opportunities are everywhere
In early November, the KTK protocol of the DeFi project launched on the crypto exchange GJ (gj.live), after the early subscription was completed, due to advanced technology and concepts, the subscription price rose from 0.001 USDT to a maximum of more than 6000 US dollars within a week after the opening. Up to millions of times, the early friends who subscribed made a lot of money.
The KTK protocol is positioned as an on-chain derivatives trading platform in the DeFi world to realize financial creation, purchase and settlement of any underlying asset contract, and introduce a new system to maintain margin collateral so that market participants can have no counterparty or Trade under the condition of settlement risk.
There are many similar opportunities for GJ. Another example is CKB, which was launched on GJ in December 2019. The increase was as high as 40 times in the short term, helping many small partners trading in GJ to withdraw their investment in CKB in advance.
Who is GJ?
The GJ trading platform is an innovative digital asset issuance platform. The blockchain world is developing rapidly. GJ actively embraces the new paradigm of encrypted finance in the future and provides an excellent platform for the young generation of new technologies and trends. GJ’s vision is to become the Nasdaq in the blockchain world, providing users with high-quality assets and services.
In addition to the DeFi project KTK protocol and the popular public chain Nervos CKB mentioned above, GJ also launched a lot of excellent projects for the first time, such as XEZ. XEZ subscription and opening prices were 0.014 USDT and 0.02 USDT, respectively. 1.4 USDT, which also increased by more than 70 times, brought huge returns to early purchasers and investors.
Next stop for gold panning, GJ
Following December 2017, Bitcoin once again made a strong breakthrough, and many mainstream currencies have followed their rise. With the upcoming listing of Coinbase, the largest crypto exchange in the United States, market sentiment is high. To borrow a saying that the Amber people often say: “The skyrocketing, you can’t imagine.” Come and explore at GJ!
(Intentionally, you can add GJ official qq group 871234327 ), let’s have a carnival!
