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El Salvador Inks Cloud Services Agreement With Rumble

The government of El Salvador has entered into a service agreement with Rumble, a Canadian video and cloud services company. The company will provide cloud computing services to El Salvador, including data storage, databases, load balancers, and remote application integration. El Salvador to Rely on Rumble for Cloud Computing Services The government of El Salvador NewsBTC

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Crypto Surging Higher Than Expected As Asset Class Now in ‘Fundamentally Different Game’: Investor Ryan Watkins

A former research analyst at crypto intelligence firm Messari believes that the digital asset market will soar higher for longer. Ryan Watkins, a co-founder at digital asset investment firm Syncracy Capital, says on the social media platform X that he believes crypto patterns such as the four-year cycle and altcoin season are becoming a thing of the past. According to Watkins, the digital asset market has changed with the emergence of crypto-based exchange-traded funds (ETFs), projects proving their market fit and use case and an upcoming US administration that supports the industry. “Think most people would be better off deleting the words ‘cycle’ and ‘alt season’ from their vocabulary. Although crypto will continue to ebb and flow, it is a fundamentally different game now, with shifting market structure, maturing projects, and a new regulatory paradigm. There will continue to be easier periods than others, and speculative booms at sector levels throughout, but oversimplified models from the past are becoming less relevant by the day.” Watkins believes the changes will lead to an extended crypto bull market that tests investors’ patience. “Before the next extended bear market, higher than many expect, but takes longer to get there than most expect. Current Twitter sentiment is overly dramatic.” He also thinks that the explosion in the number of coins trading in the market is a net positive for the industry. According to Watkins, the condition will force market participants to be judicious in their investments in order to make gains. “Dispersion is good. As the asset class matures, it will be harder to make ridiculous multiples buying ridiculous assets, that in many cases only made money because it was all so early. Active management will be paramount as dispersion continues and the opportunity shifts beyond BTC.” Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Crypto Surging Higher Than Expected As Asset Class Now in ‘Fundamentally Different Game’: Investor Ryan Watkins appeared first on The Daily Hodl . NewsBTC