# Сопутствующие статьи по теме Bitcoin

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Bitcoin", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

A New Perspective on the Four-Year Crypto Cycle: I Asked Seven Industry Veterans What Stage We're In Now

The article "A New Perspective on Crypto's Four-Year Cycle: Insights from Seven Industry Veterans" explores whether the traditional four-year market cycle, historically driven by Bitcoin halving events, still holds true in today's crypto market. Key points from seven experts include: - The four-year cycle, once driven by Bitcoin's supply reduction from halving, is now increasingly influenced by macro liquidity, institutional adoption, and global financial policies (e.g., U.S. elections, Fed policies). - ETF inflows and institutional capital have altered price action, flattening post-halving rallies and reducing volatility as Bitcoin matures into a trillion-dollar asset. - Experts disagree on the current market phase: some see a bearish transition due to declining miner profitability and capital outflow to AI stocks, while others view it as a mid-to-late bull cycle correction with potential for slow, structural growth driven by macro liquidity. - The "altcoin season" may not return in its traditional form; future outperformance will likely be selective, focused on utility-driven projects rather than broad speculative rallies. - Most experts have reduced altcoin exposure, favoring BTC, ETH, and stablecoins, with cash reserves above 50% in some cases. - Advice for investors: avoid leverage, consider gradual accumulation (e.g., below $60K for BTC), and prioritize discipline over timing. Consensus: The four-year cycle is evolving from a rigid halving-driven model to a more complex, macro-dependent framework, with reduced returns and slower, institution-led growth defining the future.

Odaily星球日报12/23 09:34

A New Perspective on the Four-Year Crypto Cycle: I Asked Seven Industry Veterans What Stage We're In Now

Odaily星球日报12/23 09:34

Believing in the Capital Market: The Essence and Core Value of Cryptocurrency

The article "Believing in the Capital Market: The Essence and Core Value of Cryptocurrency" argues that the true foundation of the crypto industry is not technological utility or capital manipulation, but faith and consensus, forming what the author terms a "faith capital market." The author posits Bitcoin as a modern religion, drawing parallels to traditional faiths: it has a creator (Satoshi Nakamoto), a foundational text (the whitepaper), core tenets (e.g., the collapse of the modern financial system). However, its key differentiators are its decentralized consensus formation, internet-native propagation through memes, and a unique system where acts of "faith" like running a node or holding BTC are rewarded with both spiritual and material gains (price appreciation). The piece explores the double-edged sword of secularization. While it expands influence (like Christmas for Christianity), in crypto, it attracts speculators who dilute the core faith, leading to industry-wide "narrative failure" and a loss of purpose. The author critiques the industry's "technology myth," arguing that the relentless pursuit of faster blockchains with more utility is a self-destructive distraction from crypto's core value: decentralized consensus on value. The proposed savior is not more technology, but meme coins—or more accurately, "faith assets." True faith assets, like $SPX or $NEET, are not mere jokes; they are new religions with clear doctrines that galvanize communities around shared beliefs, mirroring Bitcoin's original role. The author concludes that the market's essence is this faith capital, and its future resurgence depends on recognizing and nurturing these belief-based assets, not on technological specs. The piece is a call to return to the foundational belief that value is derived from collective, decentralized consensus.

marsbit12/23 07:22

Believing in the Capital Market: The Essence and Core Value of Cryptocurrency

marsbit12/23 07:22

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