TechubNews

The National Tax Agency leaked security information during the seizure of virtual assets, raising suspicions that virtual assets were stolen. The police have received related reports and are currently verifying the situation. This incident could drive reforms in virtual asset protection and security management.

The cryptocurrency market is experiencing a downward correction, with Bitcoin and Ethereum falling by 2.20% and 2.86% respectively. The performance of mainstream altcoins is mixed. The total market capitalization is approximately $2.23 trillion. Both the DeFi market and stablecoins have seen slight declines. Strategically, it is necessary to consider whether the decline should be viewed as a buying opportunity.

After airstrikes on Iran in the United States and Israel, OPEC and OPEC+ are considering increasing crude oil production to address potential supply instability. Recently, due to the Iran situation, Saudi Arabia and the United Arab Emirates have started to boost output, with Brent crude oil prices rising to $73, reaching a 7-month high.

Nivex platform enhances trading experience and returns by introducing institutions like Hyper Hedge, further meeting investor needs. Platform executives interact with the community to strengthen trust, and during the Spring Festival, a large airdrop was conducted as a reward. Nivex is committed to using AI technology to promote smart investing and connect real value.

Recently, major asset management firms have started investing in DeFi Tokens, including BlackRock and Apollo Global Management, indicating a renewed interest in altcoins. Institutional participation could create positive feedback for the industry and boost retail investor confidence. However, the bear market is not over yet, and it is expected that altcoins will need to wait a longer time before seeing gains. The author plans to increase holdings of altcoins starting next quarter and will focus on projects with low price-to-earnings ratios and genuine product value.

Following reports of attacks by the US military and Israel on Iran, the cryptocurrency market plummeted. Bitcoin dropped below $64,000, and Ethereum fell over 5%. Investor sentiment sharply cooled, risk assets were sold off, and funds shifted to gold and the US dollar. The market is watching Iran's response, as a blockade of the Strait of Hormuz could lead to further economic turmoil.

Israel's Defense Minister confirms precise strikes on Iranian ballistic missile bases, sparking market concerns over the escalation of Middle East conflicts, leading to a short-term drop of over 4% in Bitcoin prices and a 5.5% decline in the overall crypto market. Traditional safe-haven assets rose, and analysts suggest that if the conflict remains controlled, the crypto market could rebound.

Wintermute's report indicates that retail investors' confidence in cryptocurrencies is waning, and they are beginning to pay attention to the stock market. Since the end of 2024, retail investment activities in cryptocurrencies and stocks have shown an inverse relationship, with retail investors making choices between the two. Additionally, the volatility advantage of cryptocurrencies is diminishing, and technical factors such as trading convenience and AI analysis capabilities are also influencing retail investment decisions. Overall, the crypto market is no longer the main battleground for retail investors, and investment opportunities should be viewed from a cross-asset portfolio perspective.