Lu Haiyi: Four positive signals, the industry is in a new cycle

At the Bit Fawn 2019 Eco-Conference held on May 29th, founder Lu Haiyi shared four positive signals from the industry: First, the total network computing power reached 58.8E in May, close to a record high. Second, the bitcoin address is about 670,000, and the volume of multiple mainstream currencies is on the rise. Third, public awareness has increased, and the number of Bitcoin merchants accepted worldwide is close to 15,000. Fourth, financial institutions such as JP Morgan and Goldman Sachs and technology giants have accelerated the layout of blockchains. She also believes: "Every round of the bull and bear cycle will push the market to a new height. At present, the positive signal that the industry is in a new cycle has already emerged."