2月11日消息，Galaxy首席执行官Mike Novogratz在纽约举行的CNBC数字金融论坛上表示，随着更多风险偏好较低的机构资金进入，加密货币依赖高倍收益的“投机时代”可能正在走向尾声，行业正向更成熟的金融形态演变。
Mike Novogratz指出，散户进入加密市场往往追求数倍甚至数十倍回报，而机构投资者则更看重稳定性和风险控制。这种参与者结构的变化，意味着超额收益的空间正在被压缩。他回顾了2022年FTX崩盘带来的冲击，当时比特币从69,000美元高位下跌约78%，最低触及15,700美元，市场一度陷入信任危机。
他还提到，10月10日出现的杠杆集中释放事件，在缺乏明确催化因素的情况下，加剧了资金外流与抛售压力。“你会四处张望，却很难找到真正的原因，”他说。对他而言，加密市场本质是一种“叙事驱动型资产”，当大量资金撤离，信心与故事都需要时间重建。
在谈到未来方向时，Mike Novogratz认为，代币化的现实世界资产将成为新的增长引擎。相比高风险投机，这类资产更接近传统金融回报模式，但能借助区块链技术提升效率与透明度。他强调，最终主导市场的将是与现实经济紧密相连的资产。
Chainlink联合创始人Sergey Nazarov也表达了相似观点，称RWA的总体价值有望超过传统加密资产，并推动行业发生结构性转变。
与此同时，Lightspark联合创始人兼首席执行官David Marcus表示，比特币持有者结构正在变化，更多通过网络接入金融体系的新用户正在加入。但他认为，那些长期将比特币视为对冲工具的持有者，仍具备较强的抗风险能力。
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Gerelateerde artikelen
ZEC Price Prediction: Can Zcash Sustain Rally Toward $293?
ZEC gained nearly 10% after bouncing from a confirmed bull demand zone near 184.
Momentum indicators show strength as the price approaches the first resistance at 293.
Analysts maintain targets of 293 and 350 while the price holds above the 250 support level.
ZEC Price Prediction
CryptoFrontNews1m geleden
Altcoins Heat This Valentine’s Week: 5 Coins Flashing 80% Upside as MACD Signals a Major Breakout
Altcoin market structure suggests accumulation rather than exhaustion.
Several assets show elite stability after extended corrections.
Valentine’s Week may coincide with volatility expansion.
Altcoins are entering Valentine’s Week with strengthening technical structu
CryptoNewsLand11m geleden
“Not Panic Selling”: Pierre Rochard on Bitcoin’s 21M Edge
_Pierre Rochard cites Bitcoin’s fixed 21M supply and adoption as BTC reclaims $70K after U.S. inflation data._
Bitcoin has regained momentum in recent trading sessions, climbing back above $70,000 after a recent pullback.
Amid cautious market sentiment, Pierre Rochard said he is not selling, c
LiveBTCNews37m geleden
Here’s Where Hedera (HBAR) Price Could Go This Week
The HBAR price is down around 2.3% in the last 24 hours, trading near $0.1006. It’s not a huge drop, but it’s underperforming a bit compared to the rest of the market. The main reason is pretty simple: traders have been stepping back from altcoins lately.
The Altcoin Season Index just slid to
CaptainAltcoin1u geleden
XRP Holds $1.36 Support as 200-Week EMA Defines $1.80 and $0.70 Levels
XRP is at $1.37, and it is barely above an immediate support level at $1.36 following a decrease of 3.9% in a day.
The overall structure is determined by the 200-week EMA, with the directional levels of $1.80 and $0.70.
Short-term resistance is at $1.43, and it is influencing the
CryptoNewsLand2u geleden
ICP Breaks Toward $2.42 as Falling Wedge Structure Tightens
ICP trades at $2.42 after a 5.5% daily gain, testing both wedge resistance and 24-hour resistance.
Immediate support stands at $2.29, defining the lower boundary of the current short-term range.
The falling wedge structure compresses price, with 0.00003584 BTC reflecting a 4.6% gain
CryptoNewsLand2u geleden
