The US national pension fund has purchased the Bitcoin spot ETF. This is because the most conservative investors have made a move, which shows that the value of Bitcoin has been recognized by the most conservative investment institutions. What are you afraid of?
Bloomberg analyst: The purchase of BlackRock IBIT by the national pension fund is a good signal
Bloomberg analyst Eric Balchunas posted on the social media platform X that the national pension fund purchased BlackRock IBIT (Bitcoin spot ETF) in the first quarter. Normally, these whale institutions will not buy in about a year (when the ETF gets more liquidity), but as we see now, it is different from the past. It is a good signal and we look forward to more institutional disclosures. According to official documents of the US SEC, the Wisconsin Investment Board currently holds $99 million of BlackRock's spot Bitcoin ETF IBIT.
In fact, there are far more cryptocurrencies worth investing in than just Bitcoin. $ALT , which I have always been optimistic about, is also a good choice. Its issuer, AltLayer (ALT), is a project dedicated to Ethereum expansion. Since its establishment at the end of 2021, it has helped more than 40 partners to customize and release exclusive application chains based on rollup technology, and assisted Xterio, SWELL, DODO and other projects to use advanced re-staking models to release Restaked Rollup (also the earliest batch of AVS launched on the mainnet of EigenLayer). A complete #ALT再质押生态
ALT users can obtain basic rewards by staking ALT tokens in the main reward pool, and delegate ALT tokens to different Launchpool pools through re-staking to win future rewards for projects such as Xterio, SWELL, and DODO.
AltLayer is a top RAAS (Rollup as a Service) provider that aims to achieve a more modular world.
Although there are many rollup frameworks (such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.), there are still some obstacles to launching rollups, such as setting up sorting, customization, and version updates. AltLayer provides a user-friendly codeless launch platform that abstracts all the difficulties and complexities of launching rollups.
— AltLayer provides a codeless interface that can quickly launch a new rollup in minutes, as easy as launching a dApp.It is worth noting that AltLayer innovatively supports Flash Layer launch (FlashLayer is a temporary, one-time rollup provided by AltLayer) to meet temporary rollup needs such as NFT casting. The control panel provides custom functions including network-level parameters (such as the number of sorters), chain-level parameters (such as block gas limit, gas tokens, contract size), and middleware solutions (such as bridges and RPC service providers).
AltLayer is the only platform that provides re-staking rollup services.
AltLayer's re-staking rollup is essentially a set of three vertically integrated active verification services (AVS) that are created on demand for specific rollups and are compatible with all underlying rollup stacks.
— VITAL (decentralized rollup status verification)
— MACH (fast finality network)
— SQUAD (decentralized sorting framework) Through decentralized verification, fast finality, and decentralized sorting, AltLayer achieves a more decentralized, secure, interoperable, and efficient rollup.
Vision
Accelerate Web3 scaling through modularity, decentralization, ephemeralism, fast finality, and re-staking rollups.
Existing @XterioGames LaunchPool stakers can enjoy a seamless migration from staking phases I-II. AltLayer will deprecate the existing Xterio LaunchPool and facilitate a quick migration to a pool powered by reALT.
We are resetting the cooldown period for the Xterio Phase 1 LaunchPool to 0 days, which will apply to all future LaunchPools. The cooldown period for ALT staking will remain at 0 days for now, and will be updated to 21 days on May 9th (7 days from now).
