biCredit dispatch:Grayscale Founder: This is going to be a dangerous week
“It’s going to be a dangerous week,” Grayscale founder Barry Silbert tweeted today.
Today’s cryptocurrency price ushered in a recent period of sharp decline, and a lot of people have exploded in this sharp fall. Similarly, Impossible Finance was hit by a flash loan attack that netted the attacker $497,000, reigniting concerns about the security of cryptocurrencies among investors. Since May this year, the cryptocurrency market has suffered a series of negative impacts, making bitcoin once reached $64,000 to hover back to $30,000.
According to GlassNode data, BTC deposits on the exchange just reached 2,112.673 in the past 7 days, hitting a nearly 7-month low.
The future of cryptocurrencies seems to be at a new crossroads.
In fact, the future of cryptocurrency has not yet arrived. According to Binance statistics, only 0.27% of the global population can hold one BTC per capita, based on the figure of 7.8 billion.
What’s more, you can use your cryptocurrency for your finances
biCredit
It’s a platform where you can invest in cryptocurrencies to get APY. You can put your cryptocurrency there for investment, or you can withdraw it at any time for market transactions.