Biggest Ever ‘Crypto Cycle’ Has Already Quietly Begun After Huge Bitcoin And Ethereum Price Rally ForbesCrypto
, with macro catalysts, a new bitcoin mining cycle, and ethereum upgrades all contributing to what they predict will create a new bitcoin and ethereum price bull run.
In March, two of the world's largest financial institutions with a combined $14 trillion in assets under managementFollowing ethereum's long-awaited upgrade last week, ethereum cofounder and the project's spiritual leader Vitalik Buterin issued a stark warning over the future of the network that he said needs to be addressed before the next bitcoin, ethereum and crypto price bull run"The opportunity to build a new institutional financial stack on the blockchain remains a worthy goal, and serious participants remain focused on the long term," the researchers added.
FTX's sudden and surprise implosion late last year signaled the end of what the analysts called"toxic crypto leverage" and taught crypto traders the need for decentralization and self-custody wallets. Meanwhile, this year's banking crisis that triggered a surge of outflows toward money-market funds and so-called systemically important banks has raised concerns over the"centralization of money."
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