Liquid

Bridgewater founder: Bitcoin has strong liquidity as a safe-haven asset and may play an important role in the future

ChainCatcher news, Bridgewater founder Dalio recently stated that the current global monetary system is based on debt, and governments may devalue their currencies through inflation or low-interest rate policies. Investors should consider whether there is an alternative currency that does not rely on debt and is relatively stable. He believes Bitcoin could be one of the candidates and may play an important role in the future, but emphasized that "money is essentially also debt," and a true alternative currency still needs further exploration.Dalio pointed out that Bitcoin's advantage as a safe-haven asset lies in its strong liquidity; unlike real estate, it is not fixed in one place, making it harder to tax or confiscate. However, he also stressed that the diversity and robustness of investments are more important.When asked about his views on gold, Dalio stated that he is more optimistic about gold than ever before, but advised investors to remain restrained. He believes the future is full of uncertainties, and investors need to build a diversified portfolio to cope with it. He suggested a "cautious" gold allocation of 10% to 15%, which can provide protection while avoiding excessive reliance on a single asset. He emphasized that a reasonable asset allocation is an important strategy to deal with future uncertainties.

The Berachain ecological liquidity staking protocol Infrared has completed a $14 million Series A financing, led by Framework Ventures

ChainCatcher news, according to CoinDesk, the Berachain ecosystem liquidity staking protocol Infrared has completed a $14 million Series A funding round led by Framework Ventures. Combined with the previous $2.25 million strategic round led by Binance Labs and $2.5 million seed round, Infrared's total funding has reached $18.75 million.Infrared will provide liquidity staking solutions for Berachain's native tokens BGT and BERA. Users who stake the native tokens to earn validator rewards will receive the liquidity staking token iBERA, which can generate additional yields in other DeFi protocols. In addition, Infrared has also become the first project supported by the Berachain Foundation incubator "Build a Bera," which announced in January this year that it was seeking collaborative startup projects.Michael Anderson, co-founder of Framework Ventures, stated, "We believe that Infrared's protocol will unlock a significant amount of productive capital within the broader Berachain ecosystem while maximizing efficiency and returns. This will enable developers on the Berachain framework to innovate in new ways."According to the Web3 asset data platform RootData, Infrared Finance is an application based on Berachain's liquidity proof consensus mechanism. The application redesigns liquidity staking in the context of a three-token architecture and the unique soul-binding element of BGT. The protocol maximizes value for stakeholders through its infrastructure-level PoL treasury and iBGT liquidity staking derivatives, leveraging the social aggregation of BGT.

Analysts: Over 310,000 people liquidated due to Trump's latest remarks

ChainCatcher news, the cryptocurrency market collectively plummeted on March 4, with Bitcoin briefly dropping below $83,000, a decline of over 11% within 24 hours, Ethereum falling over 17%, and ADA dropping over 28%. Coinglass data shows that the total liquidation in the cryptocurrency market exceeded $1 billion, with over 310,000 people liquidated. In the secondary market, most Hong Kong stock cryptocurrency concept stocks also fell, with Boyaa Interactive dropping over 13%, OKC Cloud Chain falling over 21%, and OSL Group down over 3%.Analysts pointed out that the renewed sell-off in the crypto space is related to Trump's latest remarks. On March 3 local time, Trump stated that reciprocal tariffs would begin to be imposed on April 2, and the 25% tariff on goods from Mexico and Canada would take effect on March 4. After this news spread, investors' concerns about the "trade war" intensified, leading to a sell-off of U.S. tech stocks, cryptocurrencies, and other risk assets. The cryptocurrency market collectively plummeted on March 4, with Bitcoin briefly dropping below $83,000, a decline of over 11% within 24 hours, Ethereum falling over 17%, and ADA dropping over 28%. Coinglass data shows that the total liquidation in the cryptocurrency market exceeded $1 billion, with over 310,000 people liquidated. In the secondary market, most Hong Kong stock cryptocurrency concept stocks also fell, with Boyaa Interactive dropping over 13%, OKC Cloud Chain falling over 21%, and OSL Group down over 3%.Analysts pointed out that the renewed sell-off in the crypto space is related to Trump's latest remarks. On March 3 local time, Trump stated that reciprocal tariffs would begin to be imposed on April 2, and the 25% tariff on goods from Mexico and Canada would take effect on March 4. After this news spread, investors' concerns about the "trade war" intensified, leading to a sell-off of U.S. tech stocks, cryptocurrencies, and other risk assets.

Wintermute: Nearly $3 billion in long positions have recently been liquidated, and market risk aversion is beginning to intensify

ChainCatcher news, the encrypted market maker Wintermute released a market research report indicating that recently, driven by ETF fund outflows, concerns over SOL unlocks, and liquidity issues following the Bybiy hack, the cryptocurrency market accelerated its decline when Trump announced new tariff policies, exacerbating trade war fears. Market risk aversion began to intensify, with nearly $3 billion in long leveraged positions being liquidated.The U.S. Securities and Exchange Commission (SEC) has recently significantly reduced its enforcement actions against cryptocurrency companies, including:Agreeing to withdraw its lawsuit against Coinbase;Ending the investigation into OpenSea;Concluding the investigation related to Robinhood's cryptocurrency listings;Suspending the investigation into Uniswap's facilitation of unregistered securities;Ending the nearly two-year investigation into Gemini's yield program;This regulatory thaw marks a significant reversal from the previous administration's approach, with the SEC seemingly reassessing its stance toward the cryptocurrency industry.Bitcoin ETF net outflows hit a record, with $2.5 billion flowing out last week, including a single-day outflow of $1 billion, bringing the total outflow for February to $3.3 billion (compared to the previous record of $343 million set in April 2024). The CME futures basis dropped from 22% in December to a low of 4% last week, significantly reducing the profitability of basis trading strategies. Futures indicators reflect this shift: open interest fell to $13 billion, and monthly trading volume dropped to $247 billion, with both sides at their lowest levels since October 2024.The significant market reversal following Trump's announcement of a "cryptocurrency strategic reserve" on Sunday reveals that the cryptocurrency market is now highly sensitive to administrative signals. The market's reaction exceeded the actual content of the announcement, which largely reiterated the executive order from January. The unwinding of Bitcoin ETF arbitrage strategies highlights the increasingly tight integration between traditional markets and the cryptocurrency market, with both sides now responding quickly to each other's movements. As institutional cryptocurrency products and platform services expand, these cross-market dynamics and competitive user activities may intensify.

Kaiko: The wave of liquidations in February has reduced the leverage of altcoins, potentially paving the way for a more sustained upward trend in the future

ChainCatcher news, according to a research report by Kaiko, the market slump in February triggered several waves of liquidations, significantly reducing the leverage levels of the top ten altcoins. Analysts believe that this position reset has created a healthier foundation for the cryptocurrency market, potentially paving the way for a more sustained upward trend in the coming weeks.The report notes that with the U.S. announcing the establishment of a strategic cryptocurrency reserve plan, although Bitcoin's reaction was relatively muted, overall market volatility surged, especially among altcoins. The intra-day volatility, which had been below 200% since the tariff sell-off in February, skyrocketed after the announcement, with ADA's volatility breaking 600%, marking the largest increase among major altcoins.Kaiko's analysis indicates that the inclusion of specific altcoins in the U.S. strategic reserve may accelerate the rotation of capital among altcoins, reinforcing the trend of concentrated gains in altcoins. Since last November, trading activity on U.S. exchanges has increasingly been dominated by large-cap assets. A year ago, the top ten altcoins accounted for 58% of altcoin trading volume on U.S. platforms, and 50% on offshore exchanges; as of last week, these shares have risen to 77% and 66%, respectively.
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