On October 2nd, Bart Smith, the former head of the crypto division of Wall Street quantitative trading giant Susquehanna, has left to become the CEO of the newly established Avalanche Treasury Co. The company is valued at $671 million and plans to list on the Nasdaq through SPAC (Mountain Lake Acquisition Corp.) in the first quarter of 2026. Investors include Dragonfly, ParaFi, Pantera Capital and VanEck. The company has purchased $200 million tokens from the Avalanche Foundation at a discounted...
10月2日消息,华尔街量化交易巨头 Susquehanna 前加密部门负责人 Bart Smith 已离职,出任新成立的 Avalanche 财库公司(Avalanche Treasury Co.)CEO。该公司估值 6.71 亿美元,计划于 2026 年一季度通过 SPAC(Mountain Lake Acquisition Corp.)在纳斯达克上市。投资方包括 Dragonfly、ParaFi、Pantera Capital 及 VanEck,公司已以折扣价从 Avalanche 基金会购入 2 亿美元代币,并计划持有超 10 亿美元 AVAX。
Aurelie Barthere, principal research analyst at Nansen, said cryptocurrency investors were looking for new developments to "drive the bull market". This would include news that US inflation and labour markets are cooling, or the direction of future policy from the Trump administration. However, she expects the market to remain volatile until further clarity is available. "We expect continued weakness in the U.S. labor market, which should limit U.S. interest rates and help cryptocurrencies (incl...
Mauricio di Bartolomeo, co-founder of Ledn, said that the possibility of establishing a strategic bitcoin reserve in the United States has increased after a state proposed a strategic bitcoin reserve bill. Last week, the Pennsylvania Bitcoin Strategic Reserve Act...
Ledn联合创始人Mauricio di Bartolomeo表示,在美国一个州提出战略比特币储备法案后,美国建立战略比特币储备的可能性有所上升。上周,在《宾夕法尼亚州比特币战略储备法案...
Nansen analyst Aurelie Barthere estimates a 40% chance of a recession this year, and Bitfinex analysts say bitcoin can act as a "safe haven asset" during a recession, and while the overall cryptocurrency market could be affected, the broader crypto market, and counterfeit products in particular, could be affected by a decline in liquidity and risk appetite. Investors may become more risk-averse, moving money away from riskier assets like smaller cryptocurrencies into safer investments.
On June 10, according to official news, Berachain, an EVM-compatible Layer 1 blockchain built on the Cosmos SDK, said that its public testnet bArtio B2 is now live.