biCredit dispatch:Grayscale Founder: This is going to be a dangerous week

biCredit
2 min readJun 21, 2021

“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.

BTC in cold wallet no revenue, in Bicredit, it makes revenue for you!
You don’t employ anyone. Your assets make money for you

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