Crypto Holder
Arthur Hayes' predictions about Bitcoin's price decline in March 2024 and subsequent return to growth, along with expectations of ETF inflows pushing BTC towards $70,000
🔮 Arthur Hayes in a new Signposts essay about Bitcoin: 1️⃣ The price of BTC will decline 20-30% in March 2024 from whatever level it reaches - prediction based on US monetary policy. 2️⃣ Bitcoin will return to growth after March 20, 2024. 3️⃣ Hays will not buy Bitcoin until after the March decision dates have passed. 4️⃣ Expectations of several hundred billion dollars in ETF inflows will push the BTC price toward the $70,000 level.
The description of Memecoin ("MEME") as a completely useless digital token with no function, utility, intrinsic value, or financial return, but intended solely for entertainment purposes
🤡 The world's most honest Whitepaper Memecoin ("MEME") is a digital token compatible with the ERC-20 standard. MEME has no function, no utility and no intrinsic value, no promise or expectation of any financial return, profit, interest or dividend. MEME is completely useless and is for entertainment purposes only. Previously, a multi-billion dollar fund, Binance Labs, invested in MEME.
The concern raised by China's state newspaper about officials using cryptocurrency to move money out of the country highlights the challenges faced in regulating this activity due to technology.
🇨🇳 China's State Newspaper is concerned that "officials are using crypto to move money out of the country" - an activity that is extremely difficult to crack down on due to lagging technology and legislation.
Vitalik Buterin's updated Ethereum roadmap highlights the team's focus on solving issues related to centralization, economic centralization in PoS, integrating zk-SNARK technology
🪙 Vitalik Buterin updated the Ethereum roadmap. 1️⃣ The team is actively working on "The Scourge" - solving the problem of excessive centralization and censorship of transactions. 2️⃣ Fighting economic centralization in PoS. 3️⃣ Full integration of zk-SNARK technology. 4️⃣ Another goal is to reduce commissions for end users. (has it really gotten to them)