📆 Medio plazo
🌍 GLOBAL
· Explícito
The article argues Bitcoin faces exhausted catalysts, quantum vulnerability, and cultural absorption, leading to potential underperformance this cycle.
📆 Medio plazo
🌍 GLOBAL
· Explícito
Zcash's native privacy, post-quantum roadmap, and reflexivity could allow it to capture a meaningful share of Bitcoin's monetary premium.
📆 Medio plazo
🌍 GLOBAL
· Explícito
Hyperliquid is highlighted as the archetype of revenue-generating crypto businesses, with roughly 97% of fees used for HYPE buybacks.
📆 Medio plazo
🌍 GLOBAL
· Explícito
Uniswap uses protocol fees to buy and burn UNI, tying token demand to actual business usage.
📆 Medio plazo
🌍 GLOBAL
· Explícito
Aave automated its buyback program last year, connecting protocol performance to token demand.
📆 Medio plazo
🌍 GLOBAL
· Explícito
Pump.fun is actively buying back PUMP, aligning token incentives with platform growth.
📆 Medio plazo
🌍 US
· Explícito
Strategy has started selling Bitcoin to fund dividends and shifted to active capital management, creating an overhang that the article frames as a negative.
📆 Medio plazo
🌍 GLOBAL
· Explícito
Lighter routes all of its revenue into LIT buybacks, making it one of the leading buyback-driven tokens.
📆 Medio plazo
🌍 GLOBAL
· Explícito
Ethena is in the process of implementing its own buyback program, suggesting future token demand tied to protocol revenue.
📆 Medio plazo
🌍 US
· Explícito
BlackRock's IBIT was a massive success in opening Bitcoin to institutional capital, but that channel is now largely established and no longer a future catalyst.