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11:12
Analyst: Bitcoin Could Bottom Out in October 2026
BlockBeats News, March 8th, Analyst @alicharts released a Bitcoin four-year cycle chart to rebut the "four-year cycle is dead" narrative, predicting a price bottom in October 2026, indicating the current bear market phase.
11:04
Canton CEO Yuval Rooz says smart contract blockchain valuation faces challenges
Canton blockchain co-founder and Digital Asset CEO Yuval Rooz stated that most smart contract networks lack sufficient activity and revenue to support valuations in the billions of dollars. He pointed out that Canton links value to usage by burning tokens with each transaction and allocating issuance to applications that generate fees. In addition, Rooz believes that stablecoins need to have more than half of their use cases unrelated to crypto trading in order to truly achieve product-market fit.
10:56
Analyst: Ongoing macro headwinds continue to pressure the crypto market, which still needs capital inflows to stabilize
BlockBeats News, March 8, CryptoQuant analyst Darkfost stated in a post, "Macroeconomic headwinds continue to put pressure on the crypto market. In the current challenging environment for risk assets, the crypto market remains under sustained pressure. The latest macroeconomic data has made the Federal Reserve's decision-making even more complicated. Inflation remains stubborn, demand is still resilient, while at the same time, the unemployment rate has started to rise, making the overall economic situation increasingly complex. The latest non-farm payroll report also shows that layoffs far exceeded market expectations, further increasing uncertainty." Meanwhile, market liquidity remains tight. This situation has even affected institutions like BlackRock, which recently had to limit investor redemptions due to insufficient available liquidity. As a result, the Federal Reserve's policy balancing act has become even more difficult, and it is likely to maintain a wait-and-see attitude in the short term. This liquidity constraint is also impacting the crypto market. Since the beginning of this year, the net flow of stablecoins into trading platforms has generally been negative. However, this trend seems to be showing signs of stabilizing, which coincides with Bitcoin attempting to stabilize around its current price level. For a more positive trend to emerge, the liquidity currently flowing out of the market (or into assets such as oil and precious metals) will ultimately need to return to the crypto market."
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