Chapter 1242 [Crazy trends in the encrypted digital currency market]
Qunxing has started this matter and successfully established a unified national market for depository and accounting services. In the future, if it makes money, it will bring more tax revenue to Zhongyang's finance. You must know that most of the tax contributed by Qunxing will go to Zhongyang.
Inside the treasury of Yangyang Finance.
Because there are two ledgers divided into 37 and 70, the tax equivalent to 100 million will eventually be paid to the national treasury as 88 million, which is 88%.
Judging from the absolute size of Qunxing's current annual tax contribution, it is not an exaggeration to say that it is a super money bag for the country. In addition to the tax base, the country also holds the equity of Qunxing Capital.
The five major Guojia team institutions hold shares, and the corresponding increase in asset prices also means the improvement of currency derivative capabilities.
To put it more simply, it can bring greater debt expansion capabilities. For example, in the past, the corresponding net asset value was 100 million, and 60 million could be borrowed as collateral. Now the net worth has expanded to 1 billion, and the same proportion can be mortgaged and lent.
600 million.
It can be seen that the country has settled the accounts clearly. There are too many benefits in all aspects. Overall, the advantages definitely outweigh the disadvantages. It cannot be justified without strong support.
…
Not long after the news broadcast reported that the "7 trillion plan to build an integrated storage and computing center" was officially confirmed, the cryptocurrency market went crazy. During the day, it went up and down sharply. I was worried that Fang Hong would choose April 1
April Fools' Day Day.
Now it is 10,000% true. People are saying this on the news broadcast. How can it be false? Moreover, in half an hour of news time, just reporting on this matter takes up one-third of the time.
This shows the importance of this matter.
In the encrypted digital currency market, Bitcoin, Ethereum and many other varieties are booming, and the entire currency circle is boiling.
"Damn it, it's sold out..."
At this moment, a certain domestic currency speculator looked at the trend of Bitcoin and screamed and slapped his thigh, because at this moment, the price of Bitcoin has exceeded the previous high during the day, the increase has soared to 78 percentage points, and the price has soared to 1673
USD/piece.
He had just intervened in the long trade of Bitcoin, and the profit had increased by nearly 20 points in less than a minute. The increase was too exaggerated and too hasty. He was afraid of falling back and quickly closed his position to save his money. Unexpectedly, he suddenly
Soaring into the sky.
After a while, he switched to another currency and looked at it. It was Ethereum, which is also a very famous currency at the moment. When he saw the latest trend of Ethereum, he couldn't help but exclaimed: "What the hell? It soared by 197 in one day."
%, are you crazy?"
At this time, the price of Ethereum has soared to a price of 178 US dollars, and the corresponding market value has also exceeded 5 billion US dollars, setting a record high since the birth of this variety.
The increase in Ethereum is much stronger than that of Bitcoin, but this is also due to the fact that the market of this variety is relatively small. It only took the total market to exceed 5 billion US dollars after it surged nearly 2 times in one day, while the price of Bitcoin next door increased by 80 percentage points, but the corresponding
There are $35 billion on the plate.
However, at this moment, whether it is Bitcoin or Ethereum and other currencies, they are still rushing upward crazily. Other miscellaneous currencies are also standing on the forefront and soaring into the sky. Some even soar seven or eight times, and some even increase ten times in a day.
, those mixed-haired breeds have smaller plates and are more likely to explode.
People from all walks of life in the currency circle came out of the ICU and immediately transferred to KVT, and the excitement was overwhelming.
As time went by, the price of Bitcoin continued to rise, and soon doubled within a day, and its price exceeded the $2,000 mark.
"Is it still going up? Isn't it still going up? The short sellers are busted, damn!" A retail investor looking at the trend of Bitcoin said excitedly. At 20:44 in the evening of East Eighth District, the price of Bitcoin
It has further soared to 2,700 US dollars, and the intraday increase has soared to 187%, leaving countless currency players stunned.
The major forums in the currency circle are extremely popular.
[Crazy, crazy!]
[Both speculators and non-speculators were stunned.]
[Ethereum has skyrocketed by 350%, and Bitcoin has also surged by 200%. Damn it, it’s short, it’s seriously short, it’s epic.]
[Made was so angry that he made 20 points, but he didn’t dare to chase it, and the price went up more and more.]
[I have nothing. Bitcoin opened five times short at 2,300 and was forced to sell short. My account dropped to zero overnight, and $120,000 was wasted. It doubled during the day.]
[Haha, I opened Ethereum more than three times and it immediately increased tenfold in one day. It was a pity that it was only 3,000 US dollars. But I was satisfied with making 30,000 US dollars. I quickly stopped and settled down. It was so exciting that my hands were all wet when trading.
Trembling.]
[Why is it still rising? Is the sky the end? It’s so uncomfortable. I’m seriously shorting this wave of market prices.]
[The benefits are too great.]
[Awesome, the price of Bitcoin has once again reached the 3,000 US dollar mark, I am crazy... Today is going to hit a record high. Is it possible that Merrill Lynch, which is trapped on the top of the mountain, will unwind?]
[Merrill Lynch should have cut it off long ago, right?]
[Not cut, right?]
[It’s broken, it’s $3,400, a record high! Merrill Lynch is about to cut the price and faint in the toilet crying, haha!]
[6666666……]
[I'm crazy, I'm crazy, I don't dare to reach out!]
…
The currency circle was completely boiling, and the price of Bitcoin was still violently rising. In the early morning, the final price of the daily K-line was locked at US$3,756.18, and because Bitcoin is traded 24 hours a day, it is uninterrupted.
This night is destined to be a sleepless night for players in the currency circle. The short sellers were hammered today.
Bitcoin soared wildly from US$940.15 to US$3756.18 in one day, with an intraday increase of 299.53%, tripling its nominal market value to US$78.8 billion.
Relevant financial media at home and abroad are reporting on the crazy market conditions of the encrypted digital currency market.
Just during the day, or even just an hour ago, no one would have thought that Merrill Lynch, which was trapped on the top of the mountain, would be untied like this. As long as players in the currency circle are not newbies who have just entered the market, veteran players all know that Merrill Lynch was trapped four years ago.
Being fooled by Fang Hong and being trapped at the historical high of Bitcoin was big news at the time.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Over the years, Merrill Lynch has not cut off the chips it has been trapped in, and it has not cut it now that it has reached a record high.
…
The next day, Qunxing Capital's plan to "build a storage and computing center with a huge investment of 7 trillion" made headlines at home and abroad, and mainstream media and newspapers also reported overwhelmingly.
Foreign media such as "The New York Times", "The Times", "Wall Street Journal" and other media are also following up the reports, and the headlines also use the words "over one trillion US dollars" to attract attention. It is impossible not to report this matter.
.
During the three-day holiday, the topic of 7 trillion has been on the screen, overshadowing all other news.
At the same time, in the hardware market, the prices of graphics cards and other products from major manufacturers have taken off, and hardware manufacturers such as NVIDIA and AMD have also experienced a surge in orders. The demand is really too great and the expectations are even more ridiculously strong.
On Monday, April 3, the A-share market was still closed and would not open until Wednesday, April 5. However, the US stock market in the external market was open.
Just today, in the U.S. stock market, the stock prices of NVIDIA, AMD and other related hardware manufacturers skyrocketed. NVIDIA in particular soared 72% that day, hitting a record high. Not only did it break through the $100 billion market value mark for the first time, it was directly pushed to more than 100 billion U.S. dollars in one breath.
A height of $120 billion.
This company did not even have a market capitalization of 10 billion three years ago. Now it is taking off on blockchain, encrypted digital currency, AI and other trends since 2016, especially in the current trend, the Greater China market.
In response to the demand for storage and computing power, there will be an infrastructure construction frenzy for storage and computing power centers, and all major hardware manufacturers in the world combined will not be able to supply enough.
It is worth mentioning that the performance of current chips is rapidly iteratively upgraded under Moore's Law, and is rising exponentially. Under Moore's Law, the performance of chips can easily double a year, and the price drops.
Double.
This is also one of the important reasons why Stellar Capital wants to divide the seven trillion into investing one trillion per year. Otherwise, it will be too much of a loss. Even under the classic computing architecture, the performance of the chip in two years will be far higher than now.
However, one trillion per year is a quite exaggerated incremental market demand for this industry.
