The BTC international market continues to rise, with 51 digital assets taking the lead to exceed 10,000!

Nakamoto 2025-9-17 15:59 68491人围观 BTC

Hello everyone I am 51 Digital Assets Yaoyao Poloniex platform data, one of the largest international digital currency trading platforms (May 3, 2017) "According to monitoring by the 51 Digital Assets data team, Poloniex, one of the largest international

Hello everyone

I am 51 Digital Assets Yaoyao

Poloniex platform data, one of the largest international digital currency trading platforms (May 3, 2017)

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According to monitoring by the 51 Digital Asset Data Team, Poloniex, one of the largest international digital currency trading platforms, exceeded the highest price in history of $1,457 on May 1, 2017. In RMB terms, the US dollar market price of Bitcoin exceeded RMB 10,000 for the first time. And although the US dollar market price of Bitcoin has fluctuated since then, it has remained stable at a high level, maintaining above 10,000 yuan. As of press time, the last price of the Poloniex platform was $1,555.

51 Digital Asset Platform Data (May 3, 2017)

The fluctuations in the international market have affected the price increase of 51 digital assets. On May 2, the price of 51 digital assets closely followed the pace of the international market, and the price exceeded 10,000 yuan for the first time. According to data from the Btc123 platform, 51 Digital Assets has become the first digital currency trading platform in China to break through the 10,000-yuan Bitcoin price. Compared with the domestic market, the gap is nearly 2,000 yuan.

btc123 platform data (May 3, 2017)

Regarding the surge in Bitcoin, 51 digital asset analyst Xiao Dan made a detailed analysis:

The first point is the recent decision by the U.S. Securities and Exchange Commission (SEC) to reconsider the review of the Bitcoin ETF proposed by the Winklevoss brothers. At the same time, this is undoubtedly a shot in the arm for the cryptocurrency market. BTC has also been affected by this and its price has skyrocketed. This shows that the market is confident in this review and also shows the market’s expectations for this market increase.

Xiao Dan, an analyst at 51 Digital Assets, believes that despite the positive market performance, the probability that the SEC will pass this ETF matter this time is still low.

The SEC has previously rejected a Bitcoin ETF proposed by the Winklevoss brothers, and also rejected a second Bitcoin ETF proposal, this one from SolidX Bitcoin Trust. The reasons for the two rejections were exactly the same. The SEC stated that SolidX lacked a regulatory sharing agreement and lacked investment protection measures for ETF buyers. Bitcoin, as a decentralized financial network and peer-to-peer protocol, cannot be regulated. Businesses based on the Bitcoin network can be regulated by governments, but the network itself cannot be controlled or operated by them. Therefore, without access to a centralized financial network, it is impossible for ETF providers to agree to a regulatory sharing agreement. Compared with other financial instruments or assets in the market involving existing ETFs, the source and flow of Bitcoin are more difficult to trace.

Secondly, Bitcoin has received strong support from the Japanese market. Since April 1st, after Bitcoin became Japan’s officially recognized legal payment currency, it has now become legal to use Bitcoin for payment and repayment in Japan, and you will also enjoy tax-free and other benefits when making payments.

Since then, two Japanese retail giants, Bic Camera and Recruit Lifestyle, have announced that they will begin accepting Bitcoin payments. It is expected that more than 250,000 Japanese retailers may accept Bitcoin payments by the end of this year. Recently, the Hirosaki City Government in Japan has begun accepting Bitcoin donations.

Mr. Xiao Dan, an analyst at 51 Digital Assets, believes that Japan, as the trading center of the Bitcoin market, has good news that not only promotes local demand and is beneficial to the development of the Japanese economy to a certain extent, but also increases global Bitcoin purchases. Traders may be more optimistic and Japan will be more committed to becoming a friendly and open area for Bitcoin. According to Nikkei, Japan’s cryptocurrency industry is expected to grow exponentially with more than 10 new exchange platforms seeking to enter the market to trade Bitcoin and other virtual currencies.

The United Nations World Food Program (WFP) uses blockchain for financial aid.

At the same time, the world has shown strong interest in digital currencies and blockchain. For example, the United Nations World Food Program (WFP) hopes to use cryptocurrencies like Bitcoin and Ethereum to deliver economic aid to poor areas. A pilot test program planned to launch next month will cover 10,000 recipients, with plans expected to increase to as many as 500,000 by next year. This is a positive application of digital currency on blockchain technology, bringing technological innovation to charity and the progress of the world.

51 Digital Asset Analyst Xiao Dan believes that blockchain, as a new financial technology (fintech), has gradually become the focus of attention around the world. The disruptive reform of blockchain may be the fourth industrial revolution and the second Internet reform. We can intuitively see from the figure below that Blockchain has experienced explosive growth in Google searches in recent years.

Monitoring trend chart of the keyword Blockchain in Google Trend (2012.8-2017.4)

At the same time, in China, the government clearly stated in the 2016 information strategy that blockchain technology will be widely used. As a strategic country, “the Internet, cloud computing, big data, artificial intelligence, machine learning, blockchain... will drive the development of various industries – digitalization, networking and intelligent services will be everywhere. ”This is the official recognition of the new digital era and a huge push for blockchain technology. China’s digital payments surpassed the United States by 50 times last year, and “blockchain” is now a buzzword among industry giants rushing to try it. In this race, Chinese banks, builders, suppliers and retailers are all launching blockchain solutions.

Of course, there are other reasons for the rise in Bitcoin. In summary, it is nothing more than the growing enthusiasm for Bitcoin and related industrial technologies from all aspects, and the industry will be optimistic about it in the long term.