Regulators and Investors Navigate Crypto’s Custody Crossroads
Bitcoin custody risks have become a focal point in the digital asset space, especially as $806 million in holdings recently moved from Bitcoin to Ethereum, sparking speculation about the onset of an “altcoin season.” This shift highlights growing investor interest in Ethereum and broader crypto market diversification, while also raising concerns about the security and management of large-scale crypto assets. The movement of such a substantial amount indicates not just a strategic reallocation but also a potential shift in market sentiment toward alternative cryptocurrencies. Analysts note that Ethereum’s role as a foundational blockchain for decentralized applications may be driving this trend, particularly as the network continues to…