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Bitwise CEO:加密行业叙事正走向碎片化,链上金融或将成为下一阶段核心焦点 8 月18日,Bitwise 首席执行官 Hunter Horsley 在社交平台 X 上发文表示,当下已经很难用一句话来定义“加密货币”这一行业赛道。 他将这一行业与早期互联网发展进行类比称,Salesforce、Shopify、Uber同属互联网企业,但公司业务方向与发展机遇各不相同,如今加密行业也正在经历相似的成熟化演变。 Horsley 认为,加密市场的叙事已经走向碎片化,该赛道已分化出比特币、公链基础设施(L1层等)、代币化资产、稳定币、永续合约、模因币/NFT以及金库借贷等多条独立增长主线。 但在他看来,这种碎片化并不代表市场已进入衰退或混乱,而是行业正逐渐走向成熟的体现,代表着多个不同赛道正迎来各自的增长机遇。 Hunter Horsley 判断,未来12个月行业发展或将从传统金融向链上迁移,而这一被称作“链上金融”的演进方向,有望成为下一阶段行业叙事的核心主线。 从宏观视角来看,这种演变标志着加密行业正从投机驱动转向金融基础设施驱动。此外,随着资本市场、银行业与加密领域的加速融合,一个更成熟、多元的金融生态系统正逐步成形。 #Bitwise #链上金融
Bitwise CEO:加密行业叙事正走向碎片化,链上金融或将成为下一阶段核心焦点

8 月18日,Bitwise 首席执行官 Hunter Horsley 在社交平台 X 上发文表示,当下已经很难用一句话来定义“加密货币”这一行业赛道。

他将这一行业与早期互联网发展进行类比称,Salesforce、Shopify、Uber同属互联网企业,但公司业务方向与发展机遇各不相同,如今加密行业也正在经历相似的成熟化演变。

Horsley 认为,加密市场的叙事已经走向碎片化,该赛道已分化出比特币、公链基础设施(L1层等)、代币化资产、稳定币、永续合约、模因币/NFT以及金库借贷等多条独立增长主线。

但在他看来,这种碎片化并不代表市场已进入衰退或混乱,而是行业正逐渐走向成熟的体现,代表着多个不同赛道正迎来各自的增长机遇。

Hunter Horsley 判断,未来12个月行业发展或将从传统金融向链上迁移,而这一被称作“链上金融”的演进方向,有望成为下一阶段行业叙事的核心主线。

从宏观视角来看,这种演变标志着加密行业正从投机驱动转向金融基础设施驱动。此外,随着资本市场、银行业与加密领域的加速融合,一个更成熟、多元的金融生态系统正逐步成形。

#Bitwise #链上金融
Bitwise unveils a partnership with Superstate #Bitwise has partnered with fintech firm #Superstate to enable the tokenization of shares in select Bitwise funds. The firm expects its Bitwise Solana Staking ETF to be the first fund it tokenizes, although the launch is not guaranteed. Under the proposed framework, tokenization would only alter how ownership is recorded, with investors retaining the same rights and access to existing purchase channels. Shareholders could choose to hold their shares either in traditional book-entry form through The Depository Trust Company or as blockchain-based tokens managed through Superstate’s transfer agency infrastructure. 👉 theblock.co/news/defi/2026-08-14-bitwise-tokenize-sol-staking-etf-411790
Bitwise unveils a partnership with Superstate

#Bitwise has partnered with fintech firm #Superstate to enable the tokenization of shares in select Bitwise funds. The firm expects its Bitwise Solana Staking ETF to be the first fund it tokenizes, although the launch is not guaranteed. Under the proposed framework, tokenization would only alter how ownership is recorded, with investors retaining the same rights and access to existing purchase channels.

Shareholders could choose to hold their shares either in traditional book-entry form through The Depository Trust Company or as blockchain-based tokens managed through Superstate’s transfer agency infrastructure.

👉 theblock.co/news/defi/2026-08-14-bitwise-tokenize-sol-staking-etf-411790
⚡ تحليل سوق العملات الرقمية: التوقعات تشير إلى ارتفاع قيمة بعض العملات 💰 يعتقد خبراء شركة #Bitwise أن العملات الرقمية $HYPE و $UNI و $AAVE تحمل قيمة أقل من قيمتها الفعلية 📈 السبب الرئيسي وراء ذلك هو عدم认识 السوق العامل للصلة بين الإيرادات الفعلية لمشاريع العملات الرقمية وقيمة عملتها 🔥 حيث تقوم بعض البروتوكولات بإعادة استثمار الإيرادات في عمليات شراء وحرق العملات، مثل #Hyperliquid التي تتخلص من 99% من إيراداتها في عمليات شراء وحرق العملة HYPE بقيمة 1.3 مليار دولار 💎 كما تقوم منصة Uniswap بتخصيص 100 مليون دولار سنويًا في عمليات شراء وحرق العملات، بينما تقوم منصات أخرى مثل Aave بتنفيذ آليات مشابهة 📈 يتوقع مدير الاستثمارات في Bitwise أن تزداد قيمة هذه العملات بشكل كبير إذا استمرت العلاقة بين الإيرادات وقيمة العملة في التأثر بشكل إيجابي، مما قد يؤدي إلى مضاعفة القيمة أو زيادتها أكثر
⚡ تحليل سوق العملات الرقمية: التوقعات تشير إلى ارتفاع قيمة بعض العملات
💰 يعتقد خبراء شركة #Bitwise أن العملات الرقمية $HYPE و $UNI و $AAVE تحمل قيمة أقل من قيمتها الفعلية
📈 السبب الرئيسي وراء ذلك هو عدم认识 السوق العامل للصلة بين الإيرادات الفعلية لمشاريع العملات الرقمية وقيمة عملتها
🔥 حيث تقوم بعض البروتوكولات بإعادة استثمار الإيرادات في عمليات شراء وحرق العملات، مثل #Hyperliquid التي تتخلص من 99% من إيراداتها في عمليات شراء وحرق العملة HYPE بقيمة 1.3 مليار دولار
💎 كما تقوم منصة Uniswap بتخصيص 100 مليون دولار سنويًا في عمليات شراء وحرق العملات، بينما تقوم منصات أخرى مثل Aave بتنفيذ آليات مشابهة
📈 يتوقع مدير الاستثمارات في Bitwise أن تزداد قيمة هذه العملات بشكل كبير إذا استمرت العلاقة بين الإيرادات وقيمة العملة في التأثر بشكل إيجابي، مما قد يؤدي إلى مضاعفة القيمة أو زيادتها أكثر
🚨 NEW: Bitwise has cut 14% of its workforce, reducing headcount from roughly 180 to 155 employees amid the prolonged crypto market downturn. 📉 The cuts come as crypto firms across the industry reduce costs, but CEO Hunter Horsley says Bitwise’s remaining team is still the largest in the company’s eight-year history and expects the business to continue growing as crypto becomes more integrated into the global economy. $LINK What this suggests: • Crypto asset managers are feeling the impact of weaker market conditions • The industry is entering a period of cost-cutting and consolidation.$DOGE • Bitwise still has more than 70 crypto products and roughly $9B in assets • The layoffs don't necessarily signal a retreat—management continues to expect long-term growth $ADA 📊 Market takeaway: ⚠️ Bearish near term for crypto sentiment. Bitwise joining Coinbase, FalconX and other firms in cutting staff shows the downturn is affecting even major institutional players. However, the fact that Bitwise's workforce remains at an all-time high suggests this is more likely cost optimization during a weak cycle than a collapse in its long-term crypto strategy. #Bitwise #BinanceP2PAnToan #TheoDõiFOMC
🚨 NEW: Bitwise has cut 14% of its workforce, reducing headcount from roughly 180 to 155 employees amid the prolonged crypto market downturn. 📉
The cuts come as crypto firms across the industry reduce costs, but CEO Hunter Horsley says Bitwise’s remaining team is still the largest in the company’s eight-year history and expects the business to continue growing as crypto becomes more integrated into the global economy. $LINK
What this suggests:
• Crypto asset managers are feeling the impact of weaker market conditions
• The industry is entering a period of cost-cutting and consolidation.$DOGE
• Bitwise still has more than 70 crypto products and roughly $9B in assets
• The layoffs don't necessarily signal a retreat—management continues to expect long-term growth $ADA
📊 Market takeaway:
⚠️ Bearish near term for crypto sentiment. Bitwise joining Coinbase, FalconX and other firms in cutting staff shows the downturn is affecting even major institutional players. However, the fact that Bitwise's workforce remains at an all-time high suggests this is more likely cost optimization during a weak cycle than a collapse in its long-term crypto strategy.
#Bitwise #BinanceP2PAnToan #TheoDõiFOMC
ETF发行商也开始砍人了。 Bitwise确认裁掉大约14%员工,人数从约180人降到155人左右。CEO对外说法是:砍完之后编制仍是公司八年里最高档,还要继续长。 另一边数字更刺眼:旗下BITW指数基金今年前七个月净资产掉了约三成;公司整体管着大约90亿美元、70多条产品线,现货比特币ETF大概23亿美元体量。 机构管道在扩,但熊市账单也会开到发行商头上。先看后面还有没有第二轮。 #Bitwise #裁员 #加密ETF
ETF发行商也开始砍人了。

Bitwise确认裁掉大约14%员工,人数从约180人降到155人左右。CEO对外说法是:砍完之后编制仍是公司八年里最高档,还要继续长。

另一边数字更刺眼:旗下BITW指数基金今年前七个月净资产掉了约三成;公司整体管着大约90亿美元、70多条产品线,现货比特币ETF大概23亿美元体量。

机构管道在扩,但熊市账单也会开到发行商头上。先看后面还有没有第二轮。

#Bitwise #裁员 #加密ETF
Bitwise cắt 14% nhân viên nhưng vẫn dự đoán tăng trưởng - Bitwise cắt 14% nhân viên, vẫn dự đoán tăng trưởng - Coinbase, BitGo, Robinhood, Polygon, Pump.fun rút gọn đội ngũ - Lý do: chuyển sang AI và lực lượng thị trường #BinanceSquare #CryptoNews #Bitwise $btc $eth #vlikevn #Titanbot Nguồn: CoinTelegraph
Bitwise cắt 14% nhân viên nhưng vẫn dự đoán tăng trưởng

- Bitwise cắt 14% nhân viên, vẫn dự đoán tăng trưởng
- Coinbase, BitGo, Robinhood, Polygon, Pump.fun rút gọn đội ngũ
- Lý do: chuyển sang AI và lực lượng thị trường
#BinanceSquare #CryptoNews #Bitwise

$btc $eth

#vlikevn #Titanbot

Nguồn: CoinTelegraph
BITWISE SHRINKS 14% — $CRWVB , $HOLO , $APR FEEL THE PAIN? 🚨 📉 When a top-tier asset manager slashes its team from 180 to 155, that's not a headline — that's a confession. The funding winter has stopped whispering in the corridors and is now walking out the door with a severance package. 🐻 💡 History shows institutional cutbacks like these often land near emotional bottoms — but conviction takes patience, not heroics. $CRWVB , $HOLO , and $APR are the canaries in this coal mine, and they're still singing. 🔍 💬 Are you reading this as the final shakeout before a relief rally, or the opening act of a deeper bleed? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #CryptoMarket #Bitwise #BearMarket #CryptoCrash #Altcoins 🦈 💡
BITWISE SHRINKS 14% — $CRWVB , $HOLO , $APR FEEL THE PAIN? 🚨

📉 When a top-tier asset manager slashes its team from 180 to 155, that's not a headline — that's a confession. The funding winter has stopped whispering in the corridors and is now walking out the door with a severance package. 🐻

💡 History shows institutional cutbacks like these often land near emotional bottoms — but conviction takes patience, not heroics. $CRWVB , $HOLO , and $APR are the canaries in this coal mine, and they're still singing. 🔍

💬 Are you reading this as the final shakeout before a relief rally, or the opening act of a deeper bleed? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #CryptoMarket #Bitwise #BearMarket #CryptoCrash #Altcoins

🦈 💡
🚨 $BWISE CUTS 45 PEOPLE BUT STAYS BIGGER THAN EVER — WHAT'S REALLY HAPPENING? 💥 📌 Bitwise just trimmed 14% of its headcount, dropping from ~180 to 155 employees. CEO Hunter Horsley frames it as a lean reset — not a retreat. The company still holds its largest team in eight years of operation, and Horsley expects headcount to keep climbing as crypto deepens its grip on global finance. 💡 This is the classic cycle playbook — tighten the belt in quiet waters, then staff up when the tide turns. 📊 Institutional players don't cut staff because they're dying; they cut to build leverage for the next expansion wave. Bitwise is positioning itself to front-run the next wave of institutional adoption, not shrink from it. 🦈 While retail chases the next candle, the custody players are recalibrating their payrolls to match the coming demand surge. 🔍 The real question isn't why they cut — it's who they're hiring next. 💬 Do you see this as a sign of weakness or a smart-capital pivot before the next leg up? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #Bitwise #InstitutionalCrypto #CryptoNews #MarketCycle #BlockBeats 🦈 🔍
🚨 $BWISE CUTS 45 PEOPLE BUT STAYS BIGGER THAN EVER — WHAT'S REALLY HAPPENING? 💥

📌 Bitwise just trimmed 14% of its headcount, dropping from ~180 to 155 employees. CEO Hunter Horsley frames it as a lean reset — not a retreat. The company still holds its largest team in eight years of operation, and Horsley expects headcount to keep climbing as crypto deepens its grip on global finance.

💡 This is the classic cycle playbook — tighten the belt in quiet waters, then staff up when the tide turns. 📊 Institutional players don't cut staff because they're dying; they cut to build leverage for the next expansion wave. Bitwise is positioning itself to front-run the next wave of institutional adoption, not shrink from it.

🦈 While retail chases the next candle, the custody players are recalibrating their payrolls to match the coming demand surge. 🔍 The real question isn't why they cut — it's who they're hiring next. 💬 Do you see this as a sign of weakness or a smart-capital pivot before the next leg up? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #Bitwise #InstitutionalCrypto #CryptoNews #MarketCycle #BlockBeats

🦈 🔍
🔥 INSIGHT: Bitwise CIO Matt Hougan says a 1% Bitcoin allocation from institutions could help drive BTC toward $1.3M by 2035 🟠📈 $BANANAS31 What is happening? • Hougan estimates global institutions control roughly $100T–$200T in assets • A 1% allocation would represent around $1T–$2T of potential capital flowing into Bitcoin $BTC • He expects adoption to expand from financial advisers and family offices to pensions, insurers, sovereign wealth funds and central banks $BNB • His $1.3M target assumes Bitcoin captures about 25% of an expanding global store-of-value market What this suggests: • The next major phase of Bitcoin adoption could be driven by institutional capital, rather than retail investors • Spot BTC ETFs make it much easier for large investors to gain exposure without directly holding BTC • Even a small portfolio allocation can become enormous when applied to a $100T–$200T asset base 📊 Market takeaway: 🔥 Extremely bullish long term—but highly conditional. The $1.3M figure is a scenario, not a guaranteed forecast. It requires sustained institutional adoption, regulatory clarity and Bitcoin capturing a substantial share of the global store-of-value market. #Bitwise #BTC走势分析 #cryptooinsigts
🔥 INSIGHT: Bitwise CIO Matt Hougan says a 1% Bitcoin allocation from institutions could help drive BTC toward $1.3M by 2035 🟠📈 $BANANAS31
What is happening?
• Hougan estimates global institutions control roughly $100T–$200T in assets
• A 1% allocation would represent around $1T–$2T of potential capital flowing into Bitcoin $BTC
• He expects adoption to expand from financial advisers and family offices to pensions, insurers, sovereign wealth funds and central banks $BNB
• His $1.3M target assumes Bitcoin captures about 25% of an expanding global store-of-value market
What this suggests:
• The next major phase of Bitcoin adoption could be driven by institutional capital, rather than retail investors
• Spot BTC ETFs make it much easier for large investors to gain exposure without directly holding BTC
• Even a small portfolio allocation can become enormous when applied to a $100T–$200T asset base
📊 Market takeaway:
🔥 Extremely bullish long term—but highly conditional. The $1.3M figure is a scenario, not a guaranteed forecast. It requires sustained institutional adoption, regulatory clarity and Bitcoin capturing a substantial share of the global store-of-value market.
#Bitwise #BTC走势分析 #cryptooinsigts
Bitwise prevé un bitcoin de 1,3 millones de dólares para 2035 Miles de billones de dólares podrían converger hacia bitcoin durante la próxima década. Esta proyección, planteada por Matt Hougan, director de inversiones en Bitwise Asset Management, ilustra la aceleración de la adopción institucional de las criptomonedas. Lejos de un mero escenario especulativo, el desarrollo de los ETF y los vehículos de inversión regulados impulsa a los mayores gestores de activos y patrimonios a integrar progresivamente bitcoin en sus estrategias de asignación. Una dinámica que podría redefinir de forma duradera las perspectivas de valoración del mercado de las criptomonedas. Bitwise anticipa la inyección de miles de billones de dólares en los próximos diez años. Una asignación de solo el 1 % del pool institucional mundial apoyaría este precio para 2035. El cálculo se basa en capturar el 25 % de un mercado de reservas de valor en plena expansión. La integración progresiva de estos capitales apunta a transformar Bitcoin en activo de reserva global permanente. La modelización financiera de Bitwise Mientras que el BPI 110 entra en su fase decisiva, una modelización matemática rigurosa está en el centro de las recientes declaraciones de Matt Hougan. El volumen de capital institucional : estimado entre 100 000 y 200 000 billones de dólares a nivel mundial ; La asignación objetivo : una inyección de solo el 1 % de esta masa monetaria hacia bitcoin sería suficiente para sostener la trayectoria hacia 1 300 000 dólares por unidad para 2035 ; Una analogía con el oro físico : en el lanzamiento de los primeros ETF de oro en 2004, el mercado del metal precioso representaba 2 000 billones de dólares, frente a aproximadamente 30 000 billones de dólares actuales ; $BTC {spot}(BTCUSDT) $BITO {future}(BITOUSDT) $HOUR.US {stock_us}(HOUR.US) #Bitwise
Bitwise prevé un bitcoin de 1,3 millones de dólares para 2035

Miles de billones de dólares podrían converger hacia bitcoin durante la próxima década. Esta proyección, planteada por Matt Hougan, director de inversiones en Bitwise Asset Management, ilustra la aceleración de la adopción institucional de las criptomonedas. Lejos de un mero escenario especulativo, el desarrollo de los ETF y los vehículos de inversión regulados impulsa a los mayores gestores de activos y patrimonios a integrar progresivamente bitcoin en sus estrategias de asignación. Una dinámica que podría redefinir de forma duradera las perspectivas de valoración del mercado de las criptomonedas.

Bitwise anticipa la inyección de miles de billones de dólares en los próximos diez años.

Una asignación de solo el 1 % del pool institucional mundial apoyaría este precio para 2035.

El cálculo se basa en capturar el 25 % de un mercado de reservas de valor en plena expansión.

La integración progresiva de estos capitales apunta a transformar Bitcoin en activo de reserva global permanente.

La modelización financiera de Bitwise

Mientras que el BPI 110 entra en su fase decisiva, una modelización matemática rigurosa está en el centro de las recientes declaraciones de Matt Hougan.

El volumen de capital institucional : estimado entre 100 000 y 200 000 billones de dólares a nivel mundial ;

La asignación objetivo : una inyección de solo el 1 % de esta masa monetaria hacia bitcoin sería suficiente para sostener la trayectoria hacia 1 300 000 dólares por unidad para 2035 ;

Una analogía con el oro físico : en el lanzamiento de los primeros ETF de oro en 2004, el mercado del metal precioso representaba 2 000 billones de dólares, frente a aproximadamente 30 000 billones de dólares actuales ;

$BTC
$BITO
$HOUR.US
#Bitwise
BTC+0.32%
HOURUS-1.29%
BITO+0.23%
Verified
【Bitwise:CLARITY 法案黄了,加密照样向前走 🚀】 Bitwise 首席投资官 Matt Hougan 发文,称即便国会今年通不过 CLARITY 法案,加密行业也不会停滞。💪 [加入粉丝群每日策略🚀🚀🔥🔥](https://app.binance.com/uni-qr/XbwVSedy) 他的理由是: SEC 和 CFTC 的监管指引已为行业画出方向,市场结构立法只是锦上添花。📜 参议院休会临近,法案大概率搁置,但 Hougan 认为行业制度化进程不会逆转。🏛️ 📌 Bitwise 首席投资官:CLARITY 搁置也挡不住加密前进 🔥📲 进来看直播➕群聊!每天第一时间带你读懂币圈热点、BTC走势、机构资金流向和全球宏观趋势,用最简单的方式读懂行情,把握下一波机会!🚀 #全球股市创历史新高 #美军称霍尔木兹海峡开放 #SpaceX财报前涨9.8% #Bitwise #CLARITYAct
【Bitwise:CLARITY 法案黄了,加密照样向前走 🚀】

Bitwise 首席投资官 Matt Hougan 发文,称即便国会今年通不过 CLARITY 法案,加密行业也不会停滞。💪
加入粉丝群每日策略🚀🚀🔥🔥

他的理由是:
SEC 和 CFTC 的监管指引已为行业画出方向,市场结构立法只是锦上添花。📜

参议院休会临近,法案大概率搁置,但 Hougan 认为行业制度化进程不会逆转。🏛️

📌 Bitwise 首席投资官:CLARITY 搁置也挡不住加密前进

🔥📲 进来看直播➕群聊!每天第一时间带你读懂币圈热点、BTC走势、机构资金流向和全球宏观趋势,用最简单的方式读懂行情,把握下一波机会!🚀
#全球股市创历史新高 #美军称霍尔木兹海峡开放 #SpaceX财报前涨9.8% #Bitwise #CLARITYAct
Giám đốc Đầu tư (CIO) của Bitwise, ông Matt Hougan, vừa đưa ra nhận định rằng thị trường tiền mã hóa vẫn sẽ tiếp tục tiến bước mạnh mẽ ngay cả khi Đạo luật Clarity không được Quốc hội Mỹ thông qua trong tuần này. Ông chỉ ra hai yếu tố then chốt: sự sẵn sàng hành động từ phía Chủ tịch SEC Atkins và đà tăng trưởng nội tại đã quá mạnh của toàn ngành. Nhờ những động lực này, thị trường vẫn thừa sức "tự lực gánh sinh" và duy trì đà phát triển mà không bị phụ thuộc quá nhiều vào các quyết định từ Quốc hội. #Bitwise #SEC #Crypto $BTC $SOL $DOT
Giám đốc Đầu tư (CIO) của Bitwise, ông Matt Hougan, vừa đưa ra nhận định rằng thị trường tiền mã hóa vẫn sẽ tiếp tục tiến bước mạnh mẽ ngay cả khi Đạo luật Clarity không được Quốc hội Mỹ thông qua trong tuần này.

Ông chỉ ra hai yếu tố then chốt: sự sẵn sàng hành động từ phía Chủ tịch SEC Atkins và đà tăng trưởng nội tại đã quá mạnh của toàn ngành. Nhờ những động lực này, thị trường vẫn thừa sức "tự lực gánh sinh" và duy trì đà phát triển mà không bị phụ thuộc quá nhiều vào các quyết định từ Quốc hội.

#Bitwise #SEC #Crypto $BTC

$SOL $DOT
Verified
Bitwise has disclosed NRR as the ticker for its proposed spot NEAR ETF in an amended SEC filing. The move adds to the growing list of crypto investment products targeting broader institutional access. #NEAR #Bitwise #ETF #Crypto #Blockchain #Web3 #DigitalAssets
Bitwise has disclosed NRR as the ticker for its proposed spot NEAR ETF in an amended SEC filing.
The move adds to the growing list of crypto investment products targeting broader institutional access.

#NEAR #Bitwise #ETF #Crypto #Blockchain #Web3 #DigitalAssets
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Bearish
Partly True
Bitwise is selling more HYPE. 🥶.... #Bitwise sold another 117,917 #hype , worth around $7.05M, today. Another sizeable chunk hitting the market as the $HYPE selling continues. {future}(HYPEUSDT)
Bitwise is selling more HYPE. 🥶.... #Bitwise sold another 117,917 #hype , worth around $7.05M, today.
Another sizeable chunk hitting the market as the $HYPE selling continues.
**🚨 MARKET ALERT: Bitcoin Faces Potential 20% Downside** Research head at Bitwise Europe, André Dragosch, has issued a cautious outlook for Bitcoin, suggesting the asset could face further downward pressure in the near term. **Key Insights from the BTC Prague Conference:** * **"Max Pain" Scenario:** Dragosch highlighted that Bitcoin could see an additional **20% decline** from current levels, identifying the long-term holder cost basis of approximately **$48,000** as the potential "max pain" bottom. * **Structural Supports:** Analysts are closely watching several critical levels currently sitting below the spot price: * **200-week Moving Average:** ~$61,000 * **Realized Price:** ~$56,000 * **Long-Term Holder Cost Basis:** ~$48,000 * **Institutional Selling Pressure:** The recent pullback has been largely attributed to a net outflow of roughly **$2 billion** from Exchange-Traded Products (ETPs) weekly, representing about 50,000 BTC hitting the market. * **Broader Consensus:** Galaxy Research’s Alex Thorn echoed these sentiments, noting that Bitcoin has not yet reached a definitive cycle bottom. Galaxy’s baseline projection anticipates a potential floor between **$40,000 and $46,000** extending into Q4 2026. While Bitwise’s "cycle bottom probability model" has begun to trend slightly upward, indicators remain well below the extremes typically associated with previous cycle bottoms. Market participants are now looking toward the potential passage of the CLARITY Act as a primary catalyst to shift sentiment and spark the next wave of momentum. 📉⚖️ #Bitcoin #BTC #MarketAnalysis #Bitwise #CryptoNews #TradingUpdate $ESPORTS {future}(ESPORTSUSDT) $VELVET {future}(VELVETUSDT) $AT {future}(ATUSDT)
**🚨 MARKET ALERT: Bitcoin Faces Potential 20% Downside**
Research head at Bitwise Europe, André Dragosch, has issued a cautious outlook for Bitcoin, suggesting the asset could face further downward pressure in the near term.
**Key Insights from the BTC Prague Conference:**
* **"Max Pain" Scenario:** Dragosch highlighted that Bitcoin could see an additional **20% decline** from current levels, identifying the long-term holder cost basis of approximately **$48,000** as the potential "max pain" bottom.
* **Structural Supports:** Analysts are closely watching several critical levels currently sitting below the spot price:
* **200-week Moving Average:** ~$61,000
* **Realized Price:** ~$56,000
* **Long-Term Holder Cost Basis:** ~$48,000
* **Institutional Selling Pressure:** The recent pullback has been largely attributed to a net outflow of roughly **$2 billion** from Exchange-Traded Products (ETPs) weekly, representing about 50,000 BTC hitting the market.
* **Broader Consensus:** Galaxy Research’s Alex Thorn echoed these sentiments, noting that Bitcoin has not yet reached a definitive cycle bottom. Galaxy’s baseline projection anticipates a potential floor between **$40,000 and $46,000** extending into Q4 2026.
While Bitwise’s "cycle bottom probability model" has begun to trend slightly upward, indicators remain well below the extremes typically associated with previous cycle bottoms. Market participants are now looking toward the potential passage of the CLARITY Act as a primary catalyst to shift sentiment and spark the next wave of momentum. 📉⚖️
#Bitcoin #BTC #MarketAnalysis #Bitwise #CryptoNews #TradingUpdate $ESPORTS
$VELVET
$AT
Article
لماذا يختلف هبوط البيتكوين الحالي كلياً عن 2018 و 2022؟ 📉🔥 هل انتهى زمن الهبوط العنيف؟ "بيت وايز" تفجر مفاجأة وتكشف بالأرقام! 📉🔥 إذا كنت تظن أن الهبوط الحالي للبيتكوين يشبه دورات 2018 أو 2022، فأنت مخطئ تماماً! ❌ إليك الخلاصة التي تدير الرؤوس في السوق الآن وفقاً لتقرير Bitwise الأخير: 📊 الأرقام لا تكذب.. لماذا هذا الهبوط "أرحم"؟ في دورة 2018: استنزف الهبوط العنيف حوالي 84% من قيمة العملة. في دورة 2022: ضرب الهبوط السوق بقسوة ووصلت الخسائر إلى 78%. التراجع الحالي: يقف متماسكاً عند حدود 50% فقط من أعلى مستوياته التاريخية! 🛡️ 🧠 اللعبة تغيرت: من "المضاربين" إلى "المحترفين" يوضح كبير استراتيجيي الاستثمار في الشركة، خوان ليون، أن السوق لم يعد مدفوعاً بـ "المضاربين الأفراد" بل بـ المؤسسات الضخمة؛ النظرة تحولت تماماً: عام 2022: كان السؤال: "هل ستستمر العملات الرقمية أم تنهار؟". اليوم: أصبح السؤال: "متى ندخل السوق؟ وما هو حجم المراكز المناسبة؟". 🔍 أين تتجه أموال الحيتان الآن؟ المستثمرون المؤسسيون انقسموا حالياً إلى فئتين ذكيتين: 🎯 قناصو الفرص: مستثمرون طويلو الأجل يعيدون التوازن لمحافظهم ويشترون عبر متوسط التكلفة (DCA) مستغلين التراجعات الحالية. ⏳ المترقبون: فئة تفضل الانتظار حتى تتضح التشريعات والأنظمة التنظيمية في الولايات المتحدة قبل ضخ سيولة جديدة. ⚠️ القادم يشهد ضغوطاً.. ولكن المؤشرات تتحدث! رغم الضغوط الجيوسياسية، والتضخم، والتوجه القوي لرؤوس الأموال نحو قطاع الذكاء الاصطناعي (AI)، إلا أن المؤشرات الفنية تظهر اقتراب السوق من مرحلة الاستقرار وتجدد التجميع، خاصة مع ظهور قراءات "بيع مفرط" واضحة! 🚀 #BitcoinPlansECashHardFork #bitcoin #AMDSharesSlideNearly10% $BTC #BitcoinPlansECashHardFork CryptoMarket #Bitwise #BinanceSquareTalks

لماذا يختلف هبوط البيتكوين الحالي كلياً عن 2018 و 2022؟ 📉🔥

هل انتهى زمن الهبوط العنيف؟ "بيت وايز" تفجر مفاجأة وتكشف بالأرقام! 📉🔥
إذا كنت تظن أن الهبوط الحالي للبيتكوين يشبه دورات 2018 أو 2022، فأنت مخطئ تماماً! ❌ إليك الخلاصة التي تدير الرؤوس في السوق الآن وفقاً لتقرير Bitwise الأخير:
📊 الأرقام لا تكذب.. لماذا هذا الهبوط "أرحم"؟
في دورة 2018: استنزف الهبوط العنيف حوالي 84% من قيمة العملة.
في دورة 2022: ضرب الهبوط السوق بقسوة ووصلت الخسائر إلى 78%.
التراجع الحالي: يقف متماسكاً عند حدود 50% فقط من أعلى مستوياته التاريخية! 🛡️
🧠 اللعبة تغيرت: من "المضاربين" إلى "المحترفين"
يوضح كبير استراتيجيي الاستثمار في الشركة، خوان ليون، أن السوق لم يعد مدفوعاً بـ "المضاربين الأفراد" بل بـ المؤسسات الضخمة؛ النظرة تحولت تماماً:
عام 2022: كان السؤال: "هل ستستمر العملات الرقمية أم تنهار؟".
اليوم: أصبح السؤال: "متى ندخل السوق؟ وما هو حجم المراكز المناسبة؟".
🔍 أين تتجه أموال الحيتان الآن؟
المستثمرون المؤسسيون انقسموا حالياً إلى فئتين ذكيتين:
🎯 قناصو الفرص: مستثمرون طويلو الأجل يعيدون التوازن لمحافظهم ويشترون عبر متوسط التكلفة (DCA) مستغلين التراجعات الحالية.
⏳ المترقبون: فئة تفضل الانتظار حتى تتضح التشريعات والأنظمة التنظيمية في الولايات المتحدة قبل ضخ سيولة جديدة.
⚠️ القادم يشهد ضغوطاً.. ولكن المؤشرات تتحدث!
رغم الضغوط الجيوسياسية، والتضخم، والتوجه القوي لرؤوس الأموال نحو قطاع الذكاء الاصطناعي (AI)، إلا أن المؤشرات الفنية تظهر اقتراب السوق من مرحلة الاستقرار وتجدد التجميع، خاصة مع ظهور قراءات "بيع مفرط" واضحة! 🚀
#BitcoinPlansECashHardFork #bitcoin #AMDSharesSlideNearly10% $BTC
#BitcoinPlansECashHardFork CryptoMarket #Bitwise #BinanceSquareTalks
⚡ DeFi Quietly Re-Rating: Bitwise: DeFi Outperforming Bitcoin in Current Market On July 10, 2026, asset manager Bitwise published analysis suggesting DeFi may be 'quietly re-rating' given its outperformance against Bitcoin. The observation comes as the total crypto market cap reaches $2.28T. DeFi tokens have shown resilience during the downturn, holding up unusually well compared to previous cycles. This relative strength could signal a structural shift in how the market values decentralized finance. With Ethereum $ETH at $1,773 (+1.84%) and total market volume at $63.69B, DeFi protocols continue generating real revenue and user activity. 📌 Key Takeaway: DeFi's relative strength against Bitcoin suggests the market is beginning to price fundamentals over narratives — a mature market signal. #DeFi #Bitwise #BinanceAlphaAlert
⚡ DeFi Quietly Re-Rating: Bitwise: DeFi Outperforming Bitcoin in Current Market
On July 10, 2026, asset manager Bitwise published analysis suggesting DeFi may be 'quietly re-rating' given its outperformance against Bitcoin. The observation comes as the total crypto market cap reaches $2.28T.
DeFi tokens have shown resilience during the downturn, holding up unusually well compared to previous cycles. This relative strength could signal a structural shift in how the market values decentralized finance.
With Ethereum $ETH at $1,773 (+1.84%) and total market volume at $63.69B, DeFi protocols continue generating real revenue and user activity.

📌 Key Takeaway:
DeFi's relative strength against Bitcoin suggests the market is beginning to price fundamentals over narratives — a mature market signal.

#DeFi #Bitwise
#BinanceAlphaAlert
·
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Latest: Bitwise CIO Matt Hougan believes the next Bitcoin bull market could look very different. Instead of explosive, volatility-driven rallies, institutional adoption, stablecoins, and real-world asset tokenization may support a steadier and more sustainable uptrend. The market is evolving, and so is the way capital flows into crypto. 🚀 #Bitwise
Latest:

Bitwise CIO Matt Hougan believes the next Bitcoin bull market could look very different.

Instead of explosive, volatility-driven rallies, institutional adoption, stablecoins, and real-world asset tokenization may support a steadier and more sustainable uptrend.

The market is evolving, and so is the way capital flows into crypto. 🚀

#Bitwise
·
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Bullish
📈 Bitwise’s XRP products have surpassed $200 million in net inflows this year. While the SEC continues its legal battle, institutional demand in the U.S. and Europe confirms that the token is no longer viewed as just a speculative asset, but as a regulated asset class. If you're an #XRP holder and have not yet claimed your Flare (FLR) tokens, send "HOW" via direct message for a step-by-step guide on how to complete the claim process. #XRP #Bitwise #ETF $XRP {spot}(XRPUSDT)
📈 Bitwise’s XRP products have surpassed $200 million in net inflows this year. While the SEC continues its legal battle, institutional demand in the U.S. and Europe confirms that the token is no longer viewed as just a speculative asset, but as a regulated asset class.

If you're an #XRP holder and have not yet claimed your Flare (FLR) tokens, send "HOW" via direct message for a step-by-step guide on how to complete the claim process.

#XRP #Bitwise #ETF $XRP
XRP+0.90%
FLRUS+0.76%
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