Dr. Ni's web3 network Pioneer Community's latest important news on February 2, 2025
February 2, 2025
The latest data update on the mainnet migration: As of today, 9.8 million Vanguard accounts have been successfully migrated, with 0.108 million Vanguard accounts migrated in the last 24 hours. There are still 0.2 million migration accounts left to achieve the mainnet launch target. The migration process has been accelerated. The core team will soon announce the timetable for opening the network.
The latest announcement on the official X social channel: Pioneers, please take note of the announcement regarding K verification and the mainnet migration deadline: The grace period has been extended to February 28, 2025 for more information. Why do we extend the grace period, what should pioneers do, and why is this deadline important. Remember: Extending the grace period is unrelated to the opening network time.
Why extend the grace period?
To support pioneers who may still need more time to complete the K verification or migration steps! This also reflects our commitment to the inclusivity and accessibility of the global pioneer community.
Will these adjustments affect the timeline of the open network?
No, the extended grace period is not related to the timing of the mainnet launch. The mainnet launch may start before or after the end of the grace period, and the grace period rules remain unchanged during the mainnet launch!
Why is the grace period so important?
The grace period is crucial for maintaining a genuine pioneer user, humane, and decentralized ecosystem, while ensuring the integrity and availability when transitioning the web3 network to an open network...

The pioneers of the Chinese Community, the annual Spring Festival has arrived. At this joyous time of celebration, we welcome the Year of the Snake in 2025. It also coincides with the moment when the web3 network is about to launch its mainnet. Thanks to the pioneers for their companionship along the way, we will continue to walk with you. 2025 is an important turning point year, and also a significant turning point in the lives of pioneers. Together, we will keep watch and witness the miracles of the web3 network happening in the new year. Wishing all Global Chinese and all pioneers: Happy New Year and family happiness!
1. Latest data on mainnet migration: As of today, a total of 9.556 million pioneer accounts have been migrated, with 0.444 million migration accounts remaining to achieve the mainnet launch goal. Yesterday, a total of 0.0249 million pioneer accounts were migrated within 24 hours. The countdown deadline ends on the 31st, and we look forward to the important announcement on the homepage in 3 days.
Second, pioneers, let me introduce three interesting and significant events that occurred between 2020 and 2022. Undoubtedly, some early pioneers still vividly remember these events. These important past occurrences have had a major impact on the project's progress and have sparked speculation among many pioneers in the Community. Here are the details:
Once, Dr. Fan mentioned on a social channel in a tweet that the price of the digital token was 6,700 dollars, but this tweet was quickly deleted. Furthermore, her Account was completely deleted as well. However, she created a new Account but has not posted any tweets. What is the reason behind this?
Another intriguing thing is: Dr. Fan on the official...

The price trend of Bitcoin is currently retesting a key support level, multiple macro factors may lead to another strong bullish market rebound.
Bitcoin based on the current support level may break through.
Matrixport's recent Bitcoin report emphasizes the possibility of a breakthrough in Bitcoin price after retesting key support levels.
The report points out that since mid-November last year, the price of Bitcoin has been in a gradually narrowing wedge pattern. This pattern has been influenced by various factors such as the hawkish stance of the Federal Reserve and higher-than-expected inflation data, which have subdued market sentiment.
In addition, the market has pinned hopes on President Trump establishing a Global Strategy Bitcoin reserve to provide more institutional support for Bitcoin.
Currently, the current price of Bitcoin is retesting the breakout level, corresponding to the upper boundary of the wedge, and President Trump's inauguration may become a catalyst for further breakthroughs.
If Bitcoin can maintain this key support level, there is still a great potential for a significant short-term increase, which will further enhance the market's optimistic predictions.

If you want to invest in virtual currencies, the first step is to open a platform related to the USA investment account, then exchange for US dollars. By the time you complete these two procedures, the USA market has already made money for you. Then you can invest the money in the virtual currency trading market. Whether you see tangible things or not, the dollars have already returned to the USA domestically. You may think you have made a profit by selling your virtual currency, but actually, the money you earn from investing in virtual currencies is just the capital of other investors in the virtual currency market flowing. In fact, the operation model is similar to a casino, the only difference being that the virtual currency market is a zero-sum game. Trump is a businessman, do you understand?

Bitcoin broke through the $100,000 mark today, reaching a high of $100,715 intraday, before falling back to $99,700 at the time of publication.
Bitcoin reached a high of $0.1 million due to the speculative frenzy of the Trump administration.
This price milestone is an important psychological and market achievement for Bitcoin, while the cryptocurrency industry as a whole is also seeing more widespread gains. XRP and XLM rose by 10% and 12% respectively, while VIRTUAL took the lead with a 30% surge, becoming the best performing asset of the day.
Market Frenzy: Bitcoin reaches $100,715 due to the Trump policy boom.
Bitcoin hits an intraday high of $100,715.
The upward momentum in the market is driven to some extent by speculative speculation about potential policy changes related to Donald Trump's presidential inauguration on January 20, 2025. Although no specific policies have been announced, discussions in news channels and social media suggest that the government may prioritize blockchain innovation or digital asset regulation, which could create a more favorable environment for cryptocurrencies.
Analysts point out that market activities are the result of traders strategically positioning themselves in anticipation of these developments. The surge in Bitcoin's price on Wednesday reflects the increasing interest in this asset, even as macroeconomic uncertainties persist. Over the past year, the accumulation of a large number of institutional investors has been a decisive trend, with many believing it paves the way for today's record-breaking motion. With Bitcoin once again approaching the $0.1 million mark...

The nominee for the Department of Treasury holds a six-figure stake in the Blackrock Bitcoin ETF, revealing the control of Cryptos over elite investment portfolios and adding to the stake in future USA economic policy decisions.
With Bessent's financial ties revealed, the Blackrock Bitcoin ETF becomes the focus.
US Treasury Secretary nominee Scott Bessent, selected by President Donald Trump, disclosed personal investments of $250,001 to 0.5 million USD in the BlackRock Bitcoin Exchange-Traded Fund (ETF) iShares Bitcoin Trust (IBIT). As disclosed by the US release. As part of the Bessent confirmation process, the Government Ethics Office disclosed that ETFs focusing on cryptocurrencies are part of its substantial investment portfolio, with a value of at least 0.521 billion USD.
If confirmed, Bessent has committed to divesting assets that may pose potential conflicts of interest, including Bitcoin ETFs and other holdings related to his hedge fund Key Square Group.
BlackRock's Bitcoin ETF is a product that reflects the increasing integration of cryptocurrencies into traditional investment portfolios, and is one of several notable holdings in Bessent's financial disclosures. Other assets include US. Treasury Bonds, Invesco funds, and currency-related investments. Bessent's hedge fund manages important macroeconomic positions and plans to end operations by the end of March.
The divestment process is a joint...

Bitcoin fell below the $95,000 mark unexpectedly after the active U.S. employment data was released, creating a general market risk-aversion sentiment observed by QCP Capital.
Bitcoin hit by a wave of risk aversion - QCP Capital report on employment data triggering market turmoil
Bitcoin (BTC) dropped significantly, falling below $95,000, as stated by QCP Capital. The unexpected strength of the USA's job data was the reason behind this. The JOLTS report from the US Department of Labor revealed 8.1 million job vacancies, far exceeding the expected 7.74 million. This unexpected activity in the labor market triggered a risk-averse atmosphere in the financial markets, leading to a rise in long-term bond yields and sparking selling of risk assets.
QCP Capital: Bitcoin's sharp drop sets the stage for a potential bull market rebound before Trump's inauguration.
BTC hit an intraday low of $92,502 on Wednesday.
QCP pointed out that Bitcoin's sudden drop led to approximately $0.206 billion being liquidated in just an hour. This volatility spilled over to the stock market, with Nasdaq and the S&P 500 Index showing significant vulnerability. This synchronized reaction reveals the increasingly close connection between Bitcoin and the broader financial sector, especially during times of economic uncertainty.
The inflow of Bitcoin Exchange Traded Funds (ETFs) has significantly decreased by 94%, from $98.7 billion to $5.29 billion, according to the report from QCP. Among these ETFs, Blackrock's IBIT is an exception, attracting 5...

USA may accumulate up to 0.4 million Bitcoins by 2025, Devere Group predicts that this move could trigger a large-scale bull market and reshape the global market.
Is an epic-scale Bitcoin bull market about to come? How will the accumulation in the USA trigger it?
The CEO of the independent financial consultancy firm Devere Group, Nigel Green, predicts that as part of its strategic reserves, the USA may accumulate 0.3 to 0.4 million Bitcoins by 2025, which he believes could trigger a significant surge in BTC value.
Green's prediction comes after Senator Cynthia Lummis' Bitcoin bill in 2024, which proposes acquiring up to 1 million Bitcoins within five years using Fed wire transfers. Although the bill is still in its early stages and requires political negotiations, Green still believes that momentum from retail and institutional investors could drive the USA to build a significant Bitcoin reserve. His opinion last week was:
The USA may solidify Bitcoin as the cornerstone of its financial strategy, a major decision that will push Bitcoin's value to unprecedented levels.
Devere's CEO has positioned the initiative as part of a broader geopolitical strategy and stated that the accumulation of Bitcoin can enhance the USA's economic status. "This is not just an economic initiative; it's a geopolitical masterpiece. With this reserve, the USA not only strengthens its position as a crypto power but also ensures the relevance of the dollar in an increasingly digital Global economy.