Japan’s Bitcoin industry plans to raise around ¥800 million through an in-kind BTC contribution, in partnership with the ANAP group
I usually assess project news on three levels:
1) Substance: Is this tangible progress, or just an announcement?
2) Tokens: Will there be any additional releases, and will the circulating supply increase?
3) Data: Will active addresses improve afterward?
$BTC Current price: 81,434.03, up 2.06% over 24 hours. This news is somewhat positive, but it’s rare for all three levels to be satisfied.
A single piece of news is unlikely to change the trend, but it could amplify volatility.
#BTC
I usually assess project news on three levels:
1) Substance: Is this tangible progress, or just an announcement?
2) Tokens: Will there be any additional releases, and will the circulating supply increase?
3) Data: Will active addresses improve afterward?
$BTC Current price: 81,434.03, up 2.06% over 24 hours. This news is somewhat positive, but it’s rare for all three levels to be satisfied.
A single piece of news is unlikely to change the trend, but it could amplify volatility.
#BTC