Buy the Dip: the Crypto Gems
That Experts Are Watching Right
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Recently, the cryptocurrency market exhibited
signs of consolidation and robust security: Bitcoin
surged past the $50,000 mark to stabilize around
$52,000, which was an indicator of a strong start
to this month. Nonetheless, despite retail traders
gradually re-entering with caution, activity tied to
spot Bitcoin ETFs remained high, with BlackRock
potentially overtaking MicroStrategy and
emerging as the BTC largest holder.
This period of consolidation coincided with
insights from the recent research paper that
identified theoretical attacks on Bitcoin and
Ethereum's proof-of-work (PoW) and proof-of-
stake (PoS) consensus mechanisms as
'economically unfeasible'. But while the
document emphasized that the execution of such
assaults had become impractical due to high
costs and logistical complexities, the
decentralized crypto exchange, Fixedfloat, fell
victim to a hack in the broader ecosystem. The
DEX Consequently lost around $26 million worth
of DTC ndLT Ahich ctirrodn coouritI
