when will altseason start?
btc dominance at 58% means out of every $100 in crypto, $58 is still sitting in bitcoin
alts dont run until that money gets bored and rotates
2017 and 2021 alt season both started below 54%. we are not there yet
The next bull market will be kind to the good Altcoins
There are too many now to pump all of them, so it is important to choose the sectors that will flourish and provide value.
I will help with that. We are already seeing clues to the good ones.
Native Bitcoin-backed borrowing is coming soon to one of the leading institutional MPC wallet platforms.
Babylon and @utila_io are partnering to bring native Bitcoin-backed borrowing with @aave v4 to Utila's institutional Bitcoin holders.
Utila is trusted by more than 300 institutions, including exchanges, custodians, hedge funds and banks. Its customers can borrow against native Bitcoin without wrapping, bridging or giving up custody.
More details on the partnership will be shared in the coming months.
Important Update
Our Co-Founder & CTO has released an open letter addressing community feedback and reinforcing our commitment to the MainNet launch this year.