);)
BitMEX CEO Arthur Hayes claimed that a Dogecoin spot exchange-traded fund (ETF) will be launched on the market before the end of this bull market, based on the popularity and spread of Dogecoin (DOGE). Hayes appeared on Raoul Pal's podcast on the 10th and said that Dogecoin was listed on Robinhood, the most popular digital asset (cryptocurrency) trading platform, and that considering the popularity of meme coins and the popularity of Dogecoin, Dogecoin is similar to Bitcoin ( He explained that spot ETFs will be the next to be launched following BTC) and Ethereum (ETH).
2. Industrial and Commercial Bank of China “BTC·ETH, digital gold and oil”… High praise for digital assets
Industrial and Commercial Bank of China, the world's third-largest bank in market capitalization, praised the value of Bitcoin and Ethereum in its report published on the 10th. A report by the Industrial and Commercial Bank of China stated that Bitcoin will play a role like gold in the future due to the scarcity that only Bitcoin has through its unique algorithm, and that Ethereum is establishing itself as digital oil due to its utility in the Web 3.0 field. .
3. Expert “BTC, no short-term plunge”… Short-term investors point out an increase in the average purchase price
Digital asset expert Van Straten pointed out that the average purchase price of short-term investors who have held Bitcoin for less than 155 days recently exceeded $64,000, and predicted that there will be no sharp decline in Bitcoin in the short term. Straten presented on-chain data of Bitcoin short-term investors through his He claimed that there would be no sharp decline in the coin.
4. ‘Big money’ Justin Sun deposits 28.9 billion won worth of digital assets on the exchange… Downside signal?
When Tron founder Justin Sun, a 'big hit' in the digital asset market, recently deposited a large amount of digital assets into Binance's dormant wallet on the 10th, analysis was raised that a market plunge could occur through Justin Sun's large-scale selling. SpotOnChain, an on-chain analysis platform, pointed out in a report published on the 10th that Justin Sun deposited a total of $21 million (about KRW 28.9 billion) worth of digital assets on the Binance exchange over a period of about 30 minutes. Justin Sun is known as a big player in the digital asset world for his actions in the past, such as depositing or purchasing digital assets right before major price changes in the market.
Reporter Seungwon Kwon ksw@
