Crypto Analyst

Edward Wu

Ventured into the Crypto Jungle in 2020 and survived the 2022/2023 crypto winter. 

Living through one full cycle has equipped me with a profound understanding of the crypto markets.

Focused on Bitcoin, Ethereum, and their ecosystems, also convinced DeFi and RWAs will revolutionize finance. Ocassionally dabble in memecoins, enjoying their community-driven vibrance.

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Crypto

<ul>
<li>DCG’s subsidiary Genesis is likely to become the next insolvent crypto lender,  market fears its failure will lead to the dissolving of Grayscale, which held 3% of bitcoin’s total supply;</li>
<li>Grayscale is a profitable business with $200 million annual fee income from the GBTC trust, DCG or any new buyer of Grayscale has no intention to dissolve the cash cow;</li>
<li>Even if Grayscale dissolve, it won’t cause another crash as only $1 billion value of bitcoin may be dumped into the market, only 3.3% of bitcoin daily trading volume;</li>
</ul>


DCG’s subsidiary Genesis is likely to become the next insolvent crypto lender,  market fears its failure will lead to the dissolving of Grayscale, which held 3% of bitcoin’s total supply;
Grayscale is a profitable business with $200 million annual fee income from the GBTC trust, DCG or any new buyer of Grayscale has no intention to dissolve the cash cow;
Even if Grayscale dissolve, it won’t cause another crash as only $1 billion value of bitcoin may be dumped into the market, only 3.3% of bitcoin daily trading volume;


No Worry, DCG, Genesis, and Grayscale Won’t Cause Another Crash in the Crypto Market