Day: April 20, 2025

Altcoin unit bias ‘absolutely destroying’ crypto newbies — Samson Mow

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Jan3 CEO Samson Mow says that Bitcoin dominance hasn’t yet exhausted its upside trajectory after analyzing how altcoin prices would stack up against Bitcoin if all were on equal terms of total supply. His forecast for Bitcoin (BTC) Dominance to rise further comes as the ratio has already exceeded the levels many crypto analysts expected it would reach by late 2024. “Unit bias is absolutely destroying the uninitiated,” Jan3 CEO Samson Mow said in an April 19 X post. Mow suggested that unit bias — a psychological method in behavioral…

‘Crypto is not communism’ — Exec slams BIS’ take on crypto

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The Bank for International Settlements’ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is “dangerous” for the entire financial system, warns the head of a blockchain investment firm. “Many of their recommendations and conclusions — perhaps due to a mix of fear, arrogance, or ignorance — are completely uninformed and, frankly, dangerous,” CoinFund president Christopher Perkins said in an April 19 X post, referring to the BIS’ April 15 report titled “Cryptocurrencies and Decentralized Finance: Functions and Financial Stability Implications.”  BIS recommendations exposes TradFi…