The first reason for Bitcoin’s recent plunge is the outflow of funds from the Grayscale Bitcoin Trust Fund (GBTC), and the second reason is that Bitcoin expects that the Bank Term Funding Program (BTFP) will not be updated.
JinseFinanceArthur Cheong advocates for a paradigm shift towards DeFi, pinpointing Synthetix (SNX), Aave, and Axie Infinity as altcoins with substantial potential. Article Summary: Renowned venture capitalist Arthur Cheong identifies top altcoin picks, emphasizing the transformative potential of DeFi. He critiques traditional fintech's lack of innovation and highlights Synthetix (SNX), Aave, and Axie Infinity as groundbreaking investments within the evolving crypto landscape. Cheong envisions a financial world organized through a different paradigm, positioning these altcoins as key players in the industry's future.
Cheng YuanArthur Hayes warns of a potential 20-30% crypto market drop in March, citing U.S. financial risks and expiring Federal Reserve facilities.
BerniceArthur Hayes, one of the influential names in the cryptocurrency world, evaluated the impact of Bitcoin Spot ETFs in his statement.
ZoeyArthur Hayes shifts investment from Solana to Ethereum following a 'divine message'.
EdmundThe looming prospect of a US Bitcoin Exchange-Traded Fund (ETF) has ignited optimism within the crypto industry, but it has also raised concerns among Bitcoin mining firms.
JasperThere are four primary ways to track whale activities, which include monitoring known whale addresses, order books, sudden changes in market capitalization and trades on crypto exchanges.
CointelegraphAs May draws to a close, the cryptocurrency market has started to develop itself — but not in the direction anyone had hoped.
CointelegraphSigns pointing to Bitcoin’s steady maturity and growth in the crypto space and beyond are undeniable, making a case for the cryptocurrency being the ultimate digital reserve asset.
CointelegraphA Bitcoin hostel under construction in Portugal reflects a growing trend of business built with more than just a digital currency in mind.
Cointelegraph