According to BlockBeats news, on August 9, Blue Harbor Interactive founder Wang Feng stated that the market sentiment of Bitcoin and Ethereum cannot be viewed in isolation. Bitcoin is currently hovering around $120,000, with little volatility and no major sell-offs. This allows Ethereum to maintain upward momentum after breaking through $4,000, with predictions pointing to at least an increase to around $5,000. Similarly, Ethereum and the entire crypto market can never be separated; the autumn of cryptocurrency is expected to begin, with DeFi, RWA, and star Memes entering a phase of takeoff.
On July 16, Blue Harbor Interactive established the LK Crypto division to oversee the management of the company's mainstream crypto assets and accelerate its Web3 and RWA layout.
