Crypto Vesting

10x Research’s head crypto researcher isn’t ruling out Bitcoin repeating its 2024 price action, where it spent much of the year consolidating after hitting all-time highs early on.

“Very possible,” Markus Thielen told Cointelegraph when asked what the chances of Bitcoin (BTC) repeating a similar market movement to 2024, where it reached an all-time high of $73,679 in March before entering a consolidation phase, swinging within a range of around $20,000 up until Donald Trump was elected as US president in November.

Bitcoin’s current chart signals “market indecision”

Thielen said he had this thought even two months ago, around the time Bitcoin hit its current all-time high of $109,000 on the day of Trump’s inauguration.

He explained in his most recent market report on March 15 that Bitcoin’s current chart resembles a “High and Tight Flag,” which, despite

Read More at https://cointelegraph.com/news/bitcoin-consolidation-phase-repeat-2024-price-action-possible-crypto-analyst?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742022030059&utm_campaign=rss_partner_inbound

The major disconnect between crypto traders’ growing short-term market uncertainty and crypto builders becoming more bullish than ever creates a prime setup for long-term investors, according to a crypto hedge fund founder.

“This is one of the starkest divergences I’ve seen in sentiment and fundamentals,” BlockTower Capital founder Ari Paul said in a March 14 X post.

Optimism grows among those beyond crypto natives

Paul said that while traders and analysts have recently turned bearish on crypto, developers — and, more broadly, those working for crypto companies less tied to market cycles — remain significantly more bullish. “All the data points I’m hearing from basically any crypto-related project or company that doesn’t rely on “natives” near-term is positive,” Paul said.

Source: Nic Puckrin

Based on this, he’s confident that crypto is a “good buy” over the “12-month timeframe” but isn’t sure if it

Read More at https://cointelegraph.com/news/crypto-market-divergence-sentiment-fundamentals-blocktower-founder?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

The major disconnect between crypto traders’ growing short-term market uncertainty and crypto builders becoming more bullish than ever creates a prime setup for long-term investors, according to a crypto hedge fund founder.

“This is one of the starkest divergences I’ve seen in sentiment and fundamentals,” BlockTower Capital founder Ari Paul said in a March 14 X post.

Optimism grows among those beyond crypto natives

Paul said that while traders and analysts have turned bearish on crypto recently, crypto developers — and more broadly, those working for crypto companies less focused on the market cycle itself — remain much more bullish.

“All the data points I’m hearing from basically any crypto-related project or company that doesn’t rely on “natives” near-term is positive,” Paul said.

Source: Nic Puckrin

Based on this, he’s confident that crypto is a “good buy” over the “12 month timeframe” but

Read More at https://cointelegraph.com/news/crypto-market-divergence-sentiment-fundamentals-blocktower-founder?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742022030059&utm_campaign=rss_partner_inbound

The major disconnect between crypto traders’ growing short-term market uncertainty and crypto builders becoming more bullish than ever creates a prime setup for long-term investors, according to a crypto hedge fund founder.

“This is one of the starkest divergences I’ve seen in sentiment and fundamentals,” BlockTower Capital founder Ari Paul said in a March 14 X post.

Optimism grows among those beyond crypto natives

Paul said that while traders and analysts have turned bearish on crypto recently, crypto developers — and more broadly, those working for crypto companies less focused on the market cycle itself — remain much more bullish.

“All the data points I’m hearing from basically any crypto-related project or company that doesn’t rely on “natives” near-term is positive,” Paul said.

Source: Nic Puckrin

Based on this, he’s confident that crypto is a “good buy” over the “12 month timeframe” but

Read More at https://cointelegraph.com/news/crypto-market-divergence-sentiment-fundamentals-blocktower-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A White House memorandum revealed that David Sacks and his venture capital firm sold more than $200 million in cryptocurrency and crypto-related stocks before he assumed his role as the White House AI and crypto czar.

“You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” said the memorandum dated March 5.

Crypto sell-off an effort to prevent conflict of interest

The memorandum said “significant steps” were taken to reduce potential conflicts of interest before Sacks began his tenure as the White House AI and crypto czar — in which a major part of his role is to help create a legal framework for the crypto industry.

Sacks offloaded all the “liquid cryptocurrency” in his portfolio, as well as Craft Ventures’ portfolio — the investment firm he co-founded

Read More at https://cointelegraph.com/news/david-sacks-sold-off-crypto-related-assets-prior-crypto-czar-white-house?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742147916311&utm_campaign=rss_partner_inbound

David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, a White House memorandum disclosed.

“You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” said the memorandum dated March 5.

Crypto sell-off in an effort to prevent conflict of interest

The memorandum said “significant steps” were taken to reduce potential conflicts of interest before Sacks began his tenure as the White House AI and crypto czar — in which a major part of his role is to help create a legal framework for the crypto industry.

Sacks offloaded all the “liquid cryptocurrency” in his portfolio, as well as Craft Ventures’ portfolio — the investment firm he co-founded in

Read More at https://cointelegraph.com/news/david-sacks-sold-off-crypto-related-assets-prior-crypto-czar-white-house?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742022030059&utm_campaign=rss_partner_inbound

David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, a White House memorandum disclosed.

“You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” said the memorandum dated March 5.

Crypto sell-off in an effort to prevent conflict of interest

The memorandum said “significant steps” were taken to reduce potential conflicts of interest before Sacks began his tenure as the White House AI and crypto czar — in which a major part of his role is to help create a legal framework for the crypto industry.

Sacks offloaded all the “liquid cryptocurrency” in his portfolio, as well as Craft Ventures’ portfolio — the investment firm he co-founded in

Read More at https://cointelegraph.com/news/david-sacks-sold-off-crypto-related-assets-prior-crypto-czar-white-house?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742007722047&utm_campaign=rss_partner_inbound

David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, a White House memorandum disclosed.

“You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” said the memorandum dated March 5.

Crypto sell-off in an effort to prevent conflict of interest

The memorandum said the “significant steps” were taken to reduce potential conflicts of interest before Sacks began his tenure as the White House AI and crypto czar — in which a major part of his role is to help create a legal framework for the crypto industry.

Sacks offloaded all the “liquid cryptocurrency” in his portfolio, as well as Craft Ventures’ portfolio — the investment firm he co-founded

Read More at https://cointelegraph.com/news/david-sacks-sold-off-crypto-related-assets-prior-crypto-czar-white-house?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, a White House memorandum disclosed.

“You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” said the memorandum dated March 5.

Crypto sell-off in an effort to prevent conflict of interest

The memorandum said the “significant steps” were taken to reduce potential conflicts of interest before Sacks began his tenure as the White House AI and crypto czar — in which a major part of his role is to help create a legal framework for the crypto industry.

Sacks offloaded all the “liquid cryptocurrency” in his portfolio, as well as Craft Ventures’ portfolio — the investment firm he co-founded

Read More at https://cointelegraph.com/news/david-sacks-sold-off-crypto-related-assets-prior-crypto-czar-white-house?utm_source=rss_feed&utm_medium=rss%3Ft%3D1742004044330&utm_campaign=rss_partner_inbound