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QCP Capital: Bitcoin has entered a "new phase" and has become an important asset held by enterprises, governments, and institutions

ChainCatcher news, QCP Capital's latest analysis points out that Bitcoin is approaching the $90,000 mark, entering a "new phase," and has become an important asset held by enterprises, governments, and institutions. Demand for Bitcoin ETFs has reached an all-time high, with a net inflow of $2.28 billion in just three days. After the U.S. elections, Bitcoin ETFs attracted $1.8 billion in funds, starting this week strong with another net inflow of $1.1 billion.Meanwhile, Dogecoin has seen a significant surge. After Trump announced the establishment of the Department of Government Efficiency (abbreviated as "DOGE"), the price briefly touched $0.43 and is currently trading at $0.37, marking an increase of nearly 20%. Tesla CEO Elon Musk and former Republican candidate Vivek Ramaswamy will lead the department, aiming to streamline federal agencies and reduce excessive regulation. Since election day, Dogecoin has risen by 153%, far exceeding Bitcoin's 30% increase, and its market capitalization has surpassed XRP, jumping to sixth place.The market is focused on the CPI data to be released today, with the core CPI for October expected to remain at 0.3% and the annual CPI projected to rise by 2.6%. Currently, the market expects a 70% probability of a final rate cut in December, but today’s CPI, the PCE data on November 27, and potential policy changes from Trump could all influence the Federal Reserve's final decision.

IOBC Capital Partner: European and American funds are squeezing the survival space of Asian funds, and IR will become increasingly important

ChainCatcher news, IOBC Capital partner Alva Xu shared his insights on Token2049 on the X platform, noting several changes in the Crypto primary market from the perspective of an active Crypto LP:Some large funds from Europe and the United States are accelerating their fundraising efforts, and their commitment and focus indicate their determination to compete fiercely with Asian LPs. The conversation afterward was not exciting; AUM is the enemy of venture capital funds.European and American funds are squeezing the survival space of Asian funds, and LPs are becoming as valuable as quality developers, so IR will become increasingly important in the future.In today's market shift, some GPs are showcasing various strategies, such as buying OTC shares, pushing into the secondary market, and incubating projects. The core purpose is to prove they can outperform Bitcoin returns, and isn't the essence of venture capital to support great companies early on? Therefore, these flashy strategies might be less effective than returning to the original mission, which can resonate more with investors.In light of the current situation, this LP offered three suggestions for fund fundraising:Do not emphasize financial returns and DPI, as LPs can directly buy ETFs or hold BTC.Position yourself as an explorer in the industry; a strong desire for exploration and having your own worldview can better impress LPs, after all, investing in a company represents the kind of world you want to build.Conduct due diligence on each LP's strategic planning; understanding LPs' strategic investment layout is very important.

Ledger executives: Bull market cycles may lead to complacency in security awareness, self-custody is very important

ChainCatcher news, according to Cointelegraph, Ledger's Chief Experience Officer Ian Rogers emphasized the importance of maintaining security awareness during bull market cycles in an interview at the Token2049 conference in Singapore. Rogers stated, "In every bull market cycle, there are always people who find seemingly reasonable justifications to compromise on security or self-custody." He specifically mentioned that during periods of rapid market expansion, many cryptocurrency holders tend to store their assets on centralized exchanges rather than opting for self-custody.In response, Rogers emphasized, "If you are not doing self-custody, then what is the point of choosing cryptocurrency?" He warned investors against over-relying on centralized exchanges, especially during market downturns, and cited the now-defunct cryptocurrency exchange FTX as an example. "What they did was simply hand over funds to someone in the Bahamas and then add a column of data on a spreadsheet. That is not called cryptocurrency; that is called fraud."Beyond the cryptocurrency space, Rogers also pointed out the rising trend of global cybercrime. He predicted, "From now on, you can say every year that this year is the worst year for cybercrime, and that statement will always be accurate." To address this increasingly severe threat, Rogers suggested achieving secure self-custody of digital assets through hardware solutions and clear signature technology, ensuring that users fully understand the transactions they are authorizing.
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