Content creator and entrepreneur Khairul Aming has announced the opening of his first restaurant, Rembayung, in Kampung Baru.
He revealed the project in a post on his official X account (@khairulaming), saying the restaurant was built from scratch on an 8,000 square foot plot of land located nine minutes from the Kuala Lumpur City Centre.
โWith a capital investment of RM4 million, we built the building from scratch on vacant land in Kampung Baru. This is the biggest investment KA has ever made for one single project,โ he said in the video.
Khairul Aming said the restaurant project began in January and was designed to accommodate up to 250 people.
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In order to get "ALT season" like so many people want, ETH/BTC needs to bottom and start trending higher.
As long as ETH/BTC goes lower, then ALT season is delayed.
So many people assume that BTC dominance going higher is a negative thing for crypto, when in reality it is a positive thing.
Alt Season occurs from high Bitcoin dominance levels, not low Bitcoin dominance levels.
Normally Bitcoin dominance does go down in post-halving years, so my assumption is that dominance does end the year in the red at this point, but so far dominance has gone up this year.
A lot of people make me out to the bad guy for talking about the devaluation of ALT/BTC pairs for the last 3 years when I was just trying to showcase the advantages of being Bitcoin heavy rather than altcoin heavy.
If you view my posts about ALT/BTC pairs as "negative" then it is probably because your view of the cryptoverse is warped and you don't understand that Bitcoin leads bull markets, not altcoins.
ETH/BTC has already gone lower than I thought it would go. I don't really want it to go any lower but I also have seen people for 3 years desperately call for alt season only to be wrong time and time again.
If anything, their chances of being right have gone up this year since it is the post-halving year. Regardless of what happens as the year goes on, I think this cycle has taught everyone a lot about how the market cycles work.
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