will

1.01^365

[大宇 @BTCdayu]

https://t.co/G5G2uKIktz

[烁皓 @eternityspring]

https://t.co/OuI8yF6XPq

[yibie @yibie]

大力推荐这个网站！它把巴菲特致股东的信掰开了，揉碎了，结构化了，变成一个知识库。而我非常喜欢它的结构：总览，图谱，概念，索引。

巴菲特致股东信知识库
https://t.co/Rkt9gy08dj

[Leo Z @zhao_eth]

https://t.co/FCJTvmndPk

[Orange AI @oran_ge]

https://t.co/0FaxxcEvS0

[BitalkNews @0xBitalk]

https://t.co/O6W0c8X2vm

[CryptoChan @0xCryptoChan]

关键位

图中指标为比特币 MVRV（修改版，将链上超过7年未移动过的BTC剔除）

比特币 MVRV（Market Value to Realized Value）是一个评估比特币估值的关键指标，它通过比较比特币的市场价值（当前价格乘以总流通供应量）与实现价值（所有比特币最后一次链上移动时的价格加权平均）来计算比率

标准MVRV包括所有比特币，包括那些可能丢失、烧毁或长期持有的币，这些币的实现价值通常很低（因为它们最后移动时比特币价格远低于当前水平），这可能导致指标在市场周期中被扭曲，尤其在牛市中显得过高。将链上超过7年未移动的BTC剔除后，这个修改版指标主要反映了活跃流通供给（即最近7年内有移动记录的比特币）的估值情况

MVRV 比率反映了比特币市场的估值状态，可以帮助分析市场是否处于过热（高估）或低估状态。具体来说——

MVRV > 1：市场总值高于实现总值，表明持有人整体处于盈利状态。值越高，说明市场可能越过热，投资者可能倾向于卖出以锁定利润
MVRV < 1：市场总值低于实现总值，表明持有人整体处于亏损状态。值越低，说明市场可能被低估，可能是买入机会
MVRV ≈ 1：市场总值接近实现总值，表明市场处于相对平衡的状态

实际应用——
• 市场情绪分析：MVRV 可以帮助判断市场情绪，识别潜在的顶部或底部。例如，高 MVRV 可能预示卖压增加，低 MVRV 可能预示买入机会
• 周期性趋势：历史数据显示，MVRV 在比特币的牛熊周期中具有一定的预测能力
• 长期投资参考：长期投资者可能利用低 MVRV 寻找买入点，而短期交易者可能关注高 MVRV 以判断卖出时机

总结来说，MVRV 是一个衡量比特币市场估值与实际价值偏差的指标，能够反映市场情绪和潜在的投资机会，是链上分析中的重要工具之一

[DeFi Warhol @Defi_Warhol]

Neobanks Tier List 🧵

S:

@gnosispay: Self-custodial + fiat rails; clean crypto <> fiat bridge with IBAN options, best for EU users. No TX fees.

@ether_fi: Most comprehensive spectrum of native yield opportunities + card with cashback & perks. No FX fees in USD.

@UR_global: Multi-currency money app with card and off-ramp; great UX and usability with full global banking rail access. Minimal fees.

@Thorwallet: Non-custodial wallet with partner Swiss IBAN/card options; great onchain <> banked flow. Minimal fees.

A:

@plasma: Stablecoin-native neobank concept with running virtual/physical card with 4% cashback & 10% native yield, no IBAN yet.

@stables_money: Global USD account for simple top-ups and worldwide easy card spend; strong in the APAC region.

@AviciMoney: Full-scale neobank with cheap-tier crypto cards, an internet native trust score, unsecured loans, and home mortgages onchain. Big cook by @RamXBT.

@Tap_Fintech: Straightforward app with EU IBAN + UK details and a good card. Average fees, and routing that just works for basic crypto <> fiat moves.

@useTria: Self-custodial neobank with great crypto cards and bank connectivity; big potential. IBAN/SWIFT has to roll out soon.

B:

@wirexapp: Veteran player with personal EUR IBAN, card, rewards, and wide country support. Don't like the fee structure.

@Fiat24Official: Wallet-linked Swiss IBAN + debit card. Pretty good usability, but the UI is outdated IMO.

@plutus: EU IBAN/UK and decent cashback. Great for power users, though many perks can depend on your plan.

@KASTcard: Strong global crypto card with high limits. No personal IBAN; conversions are simple, great as a spender, not your full bank.

C:

@Nexo: Exchange-first app with a card and select EUR IBAN support. Works well inside the Nexo ecosystem, but banking features and fees vary a lot by jurisdiction/tier.

@GetPyra: "Spend without selling" UPS using a secured credit line. No IBAN yet; more of a clever credit primitive than a full neobank, but useful for tax optimization.

@neobankless: Brazil-first: Pix → USDC global account and a card on the roadmap. No IBAN and card yet live; promising regional play still in early build/coverage mode.

D:

@cryptocom: centralized exchange app with a popular card with SEPA/transfer support, but requires heavy staking requirements, and has regional shutdowns.

@Bybit_Official: Fully custodial with no IBAN available. If you're ok with centralization, this may be for you.

What else did I miss?

Hope you enjoyed this post and found some new VALUABLE information.

If you wanna support me, I'd appreciate a like, reply, and RT <3

[will @DexuWill]

@HCR_BOT @sershokunin Hyperliquid 怎么实现的原生BTC 现货交易

[MartyParty @martypartymusic]

Who are the market makers in crypto?

@wintermute_t : Known for being one of the biggest market makers in the crypto space, Wintermute leverages sophisticated trading strategies to provide liquidity across both centralized and decentralized platforms.

@GSR_io : A top player in market-making, offering liquidity, risk management, and algorithmic trading services, serving both traditional financial products and cryptocurrencies.

@jumptrading : Focuses on offering liquidity for spot and derivatives markets, facilitating the efficient execution of large orders without impacting the market.

@ambergroup_io : Provides institutional-grade market-making services with a focus on liquidity provision, trading, and asset management.

@JaneStreetGroup : A research-driven trading firm that also acts as a crypto market maker, leveraging quantitative analysis and technology for trading in global markets.

@DWFLabs : Described as a new generation Web3 investor and market maker, dealing with high-frequency trading on numerous exchanges.

@KronosResearch : Known for high-frequency trading strategies, providing liquidity across many top crypto exchanges with a focus on deep liquidity and reducing slippage.

@CumberlandLabs (@DRWTrading ): A specialized crypto asset trading company within DRW, known for its experience in leveraged tech, research, and risk management to capitalize on market opportunities.

@keyrock : Offers automated liquidity solutions and has been noted for its role in maintaining liquidity across various markets.

@B2C2Group : A crypto-native liquidity provider for institutions, with a focus on diverse market conditions, headquartered in the UK.

@empiricalabs : Provides high-performance software for crypto market making, emphasizing feeless market making and extensive analytics.

@CoinLiquidity : Focuses on a holistic approach combining market making with marketing and PR for crypto projects.

[will @DexuWill]

@HCR_BOT @crypto_adair 为什么测试网gas费上涨了10倍

[will @DexuWill]

@2040yyds 大佬，咱们付费社群是不是好久不更新了😭

[will @DexuWill]

@richman0824 👍

[will @DexuWill]

@tmel0211 @AvailProject @CelestiaOrg 大佬，怎么看ZK链下计算硬件市场机会与前景

[will @DexuWill]

@LinShuKal 不着急

[will @DexuWill]

@wangfeng_0128 😄

[will @DexuWill]

@atomicalsmarket 什么时候支持提币

[will @DexuWill]

@wangfeng_0128 敬佩

[will @DexuWill]

我终于有了一个 Bitcoin⚡️Lightning address，并从@uxuycom的 #UXUYairdrop🪂中赚到了58个Sats。

我是比特币持有者。🚀

我承诺每天积累比特币，且永远不会卖掉。

❤️ 爱我，请给我发送比特币Sats：[email protected]

https://t.co/zTbjtJbdRb