π #BTC CQ: in past cycles, the latter stages of a bull market coincided with a sharp decline in the proportion of assets that had been held for more than a year. This occurred as old assets were sold, new capital flowed in, and liquidity appeared in the market.
Currently, the percentage of assets held for more than a year is slowly declining, indicating that the market has not yet peaked. There are no signs of the bull market ending soon. Moreover, strong growth may be just around the corner.
Currently, the percentage of assets held for more than a year is slowly declining, indicating that the market has not yet peaked. There are no signs of the bull market ending soon. Moreover, strong growth may be just around the corner.
π° #LSK Lisk launches $15M fund to support web3 projects in Africa, Latin America and Southeast Asia. theblock.co
π€ #AVAX Avalanche Treasury enters into a deal to merge with Mountain Lake Acquisition Corp to create AVAX Treasury. theblock.co
π₯1
πββοΈ VC Monthly Report in September: Number of Fundraising Rounds Decreased by 25%, Amount Increased by 5%
https://wublock.substack.com/p/vc-monthly-report-in-september-number
#research
https://wublock.substack.com/p/vc-monthly-report-in-september-number
#research
ππ€ #BTC JPMorgan says Bitcoin is undervalued vs gold and could rise to $165K
With BTCβs volatility ratio to gold now below 2.0, JPM estimates its market cap would need to jump ~42% to match gold on a vol-adjusted basis, implying βsignificant upside.β
With BTCβs volatility ratio to gold now below 2.0, JPM estimates its market cap would need to jump ~42% to match gold on a vol-adjusted basis, implying βsignificant upside.β