China News Daily Official TheBitTimes.com

The crypto landscape is marked by constant change, with established leaders like Ethereum (ETH) adapting to market shifts and investor sentiment. Currently aiming to regain the $2,000 benchmark, Ethereum’s journey is closely observed amidst price fluctuations and investor sentiment, reflecting broader trends in the crypto sphere. Meanwhile, a new participant, Borroe, is leaving its mark. Based on Polygon, the protocol is especially garnering significant attention from retail investors. Subsequently, this has prompted considerations about viable long-term investment options in the market. Borroe’s features Borroe‘s presale is attracting interest not only for its initial effects but also because of its distinctive characteristics: 1. Artificial intelligence (AI)-driven marketplace: Borroe’s AI-powered platform lets content creators and web3 participants convert future earnings into non-fungible tokens (NFTs) at discounted rates. This approach aligns with web...

BTC price continues to show bullish momentum, but the absence of whale buyers and institutional investor selling threatens to weaken the current rally. Bitcoin’s (BTC) price broke above the February 2023 highs of $25,200 after U.S. inflation data was in consensus with the market expectation. The potential fallout of the global banking system further promoted Bitcoin investment as a non-correlated global hedging instrument similar to gold in March. The correlation between gold and BTC has been rising since the start of the month. Correlation coefficient between BTC and gold. Source: TradingView However, institutions have become net sellers of Bitcoin in 2023, which raises some red flags. Bitcoin whales, holding between 10 and 10,000 BTC, have not participated in the current rally. It appears that retail investors are mainly driving the uptrend. The divergence between whale and retail investment could cause a short-term pullback in Bitcoin prices. Institutions are forced BTC sellers, s...