Suddenly I’m bearish about Bitcoin/Why do so many people think “Bitcoin will endâ€[10 carefully selected books to read on the weekend]| CoinDesk JAPAN
On social media, prominent venture capitalist Chris Burniske argued that Bitcoin has not bottomed out yet and predicted a price as low as $20,000. This is in line with the results of a recent Deutsche Bank survey, where one in three people said they thought Bitcoin could fall below $20,000 by the end of the year.
— Carefully selected what you want to read over the weekend from columns, analysis articles, interviews, etc. published this week. 10 books + notifications.
Why is everyone suddenly so bearish on Bitcoin?
By almost every metric, the Bitcoin spot ETF is off to a great start. However, the long-awaited market debut of the ETF caused Bitcoin (BTC) to fall. As of this writing, Bitcoin has fallen about 15% since January 10, when the US Securities and Exchange Commission (SEC) approved the ETF. …read more
Why do so many people still think Bitcoin will end?
If you want more evidence of the gap in understanding between “ordinary people†and crypto enthusiasts, look no further than Deutsche Bank’s recent survey of 2,000 individual customers. .
The most surprising result is that one-third of respondents expect Bitcoin to fall below $20,000 by the end of the year. …read more
The New York Times still doesn’t understand Bitcoin
New York Times financial columnist Jeff Sommer doesn’t seem to like Bitcoin (BTC) ETFs. But he is the one who becomes the laughing stock. Because everyone else seems to like it. …read more
Ethereum ETF is inevitable – the question is when?
It’s no surprise that the U.S. Securities and Exchange Commission (SEC) is not keen on Ethereum exchange-traded funds (ETFs). On January 24, the SEC postponed its decision on BlackRock’s Ethereum ETF application filed in November. …read more
ETFs could reduce Bitcoin volatility
One of the key elements of Bitcoin (BTC)’s success is the emergence of new trading infrastructure and investment products, which allow access to new investors. This trend is now further accelerated by the arrival of Bitcoin spot ETFs (exchange traded funds).
Beyond liquidity providers and trading desks, we have no idea how these breakthroughs will change the structure of Bitcoin’s market. …read more
In search of financial freedom—the answer is Bitcoin, not stablecoins
We have recently seen real-world scenarios where stablecoins like Tether’s USDT and Circle’s USD Coin (USDC) have become important tools. In Turkey, for example, high inflation has led citizens to embrace these digital assets as a hedge against the volatile national currency. …read more
Carbon credit company ClimaDAO will start trading services in Japan in April – Compatible with government-operated “J Creditâ€
As markets in which the effects of reducing greenhouse gases such as carbon dioxide (CO2) can be issued and traded in the form of “carbon credits†are expanding around the world, carbon credits can be tokenized on the blockchain and borderless. , many startups are proceeding with development in an effort to create a highly transparent digital market.
One of them is “KlimaDAOâ€. …read more
There is still hope for DeFi, which missed the opportunity after the collapse of FTX — 2024 is the “Year of DeFiâ€
DeFi (decentralized finance) was supposed to shine in 2023. In late 2022, the FTX collapse triggered a near-bank run on centralized exchanges (CEXs) and a flight to the transparency that DeFi offers.
But DeFi wasn’t ready. …read more
A bug that brought down 8% of validators – Ethereum, fear of large-scale failure and small hope
The Ethereum blockchain experienced a moment where something that didn’t go terribly wrong became a hot topic.
A bug in Ethereum’s client software Nethermind, used by blockchain validators to interact with the network, brought down most of the chain’s major operators on January 21st. …read more
The dangerous future of generative AI – the crypto asset community that advocated decentralized AI[Davos Conference]
A look at the list of companies leading the generative AI race illustrates the risk of concentration of power in this technology and how blockchain’s decentralized data management model can mitigate it.
The five most prominent companies currently getting into AI are some familiar faces. Microsoft, Alphabet, Amazon, Apple, and Meta. …read more
Who won the best work award in the “Web3 Senryu Contest� ──Sponsor awards and excellence awards also announced
The winning works of CoinDesk JAPAN year-end and New Year special project “Web3 Senryu Contest†have been decided! On January 29th, four sponsor awards, an excellence award, and a grand prize were announced at the award-winning work announcement held at X Space.
Over 1300 entries were submitted. I was surprised and impressed by the unexpected angles and unexpected expressions, and although judging was difficult, it was a lot of fun. The eight special judges carefully reviewed the entries and decided on each award. …read more
|Editing: CoinDesk JAPAN Editorial Department
|Image: Shutterstock
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