Does Bitcoin’s “sharp drop” echo “no economic demand”?
The emergence of Bitcoin is not to satisfy the "use value" in the traditional sense, but to deconstruct and reconstruct the value consensus in the global economy.
JinseFinanceThe emergence of Bitcoin is not to satisfy the "use value" in the traditional sense, but to deconstruct and reconstruct the value consensus in the global economy.
JinseFinanceThe recent drop in Bitcoin’s price below $59,000 highlights the impact of declining institutional demand for stablecoins. The cryptocurrency needs to recover past $60,000 to maintain upward momentum.
EdmundBitcoin approaches $69,000 with traders optimistic about continued gains, supported by favorable economic policies and strong ETF inflows.
MiyukiImminent approval of Bitcoin ETFs in Hong Kong sparks discussions. Matrixport predicts $25 billion demand from Chinese investors. Anticipated impact on portfolio diversification and institutional interest.
Huang BoDemand for ETF issuance and the upcoming halving will exacerbate the impact of demand shocks
JinseFinanceBinance lists Axelar (AXL), offering expanded trading pairs and seamless deposit/withdrawal options. Waived listing fee demonstrates support for innovative projects.
Huang BoNovogratz praises ETFs as a game changer for Bitcoin, anticipating increased institutional and retail engagement. He emphasizes traditional finance's role in Bitcoin's growth, foreseeing a bright future despite regulatory uncertainties.
EdmundGolden Weekly is a weekly blockchain industry summary column launched by Golden Finance. The content covers key news of the week, market and contract data, mining information, project trends, technology progress and other industry trends.
JinseFinanceWhenever the value of BTC (Bitcoin) is discussed, people tend to fall into endless debates. Even if you bring out the three magic weapons, the Austrian School in your left hand and the Horse Sutra in your right hand, and read Keynes in your mouth, you still can't seem to figure out this problem.
JinseFinanceThe company's latest filing follows an ETF application from BlackRock.
