BiblioArq

10/02/2026 01:38 PM | By Banca y Negocios (Exclusive)
The purchase is exclusively through the BDVApp and involves digital currencies credited to convertible accounts. So far, it has unofficially emerged that the entity has liquidated more than 9 million dollars through this channel. Banco de Venezuela (BDV) has kept its service for the purchase of currencies for individuals active since last week, with amounts ranging from 1 to 1,000 dollars per transaction as they have been increasing, through a very user-friendly mechanism by simply logging into the BDVApp.

When the price of Bitcoin and most cryptocurrencies drop, many small investors panic.
But there is a group that does not react like the rest: the crypto whales — large holders with enormous amounts of Bitcoin and other digital assets.
If you want to understand what these big players do when the market is down, this article explains it clearly, without technicalities or false promises.
Who are the “whales” in cryptocurrencies?
The whales are not sea creatures, but investors or entities with large amounts of cryptocurrencies.

Bitcoin in Africa has always had a story of urgency.
You've seen the headlines. Naira volatility is pushing Nigerians toward hard money. Inflation in the Ghanaian cedi is driving savings into cold storage. Zimbabweans who've lived through three currency collapses teach their children what a private key means before they learn algebra. The narrative writes itself: broken fiat, desperate escape, digital refuge.
But there's a chapter that's been missing from this story. It's not about who uses Bitcoin. It's about who is building it.
For years, the African Bitcoin conversation has centered on adoption metrics—wallet downloads, remittance flows, P2P volume. Critical data, but incomplete. Because adoption without representation creates a dangerous asymmetry: a continent of users dependent on tools designed elsewhere, for conditions that don't match their own.
This is where the story gets interesting.
From Beneficiaries to Economic Actors
Not as another NGO handing out pamphlets about "financial inclusion," but as something far more disruptive: a conviction that African women weren't waiting to be saved by Bitcoin. They were waiting to be taken seriously as the people who could shape it.
The approach was deliberately unglamorous. No viral marketing campaigns. No celebrity endorsements. Just practical education grounded in what actually matters when your local currency loses 20% of its value while you sleep, as savings technology, as a monetary hedge, as an actual tool rather than a speculative asset.
The results defied the usual nonprofit pattern of one-off workshops and forgotten certificates—1,200 women across 13 countries. But here's the metric that actually matters: they didn't leave. Many started saving in Bitcoin. Then, transact in local circular economies. Then teaching others. Then, running community nodes.
The network became self-reinforcing. Alums became mentors. Students became facilitators. Quietly, without fanfare, a pipeline formed.
The Pivot Nobody Expected
Then something shifted, surprising even the organizers.
The women weren't asking "what is Bitcoin" anymore. They wondered how the protocol works. Not price predictions. Not trading strategies. The technical stack. The infrastructure layer. The code.
This is the moment most educational programs miss. When curiosity evolves into ownership. When a user decides they don't just want to participate in the system—they want to help build it.
The response was Dada Devs
@DadaDevs
. Three cohorts. 122 female developers. And in one recent bootcamp, 70 developers shipped live MVPs within 48 hours. Functional products. Real constraints. Minimal resources. Maximum output.
Partnerships with
@Bitnob_official
And Trezor Academy provided credibility. The ABC-Dada Fellowship sent developers to the Africa Bitcoin Conference, their first contact with the global builder community for many. The message landed with precision: African female developers aren't peripheral to Bitcoin's future. They're central to it.
The Infrastructure Problem Nobody Talks About
But here's where the story takes a turn that Bitcoin Twitter needs to hear.
The primary constraint was no longer talent. It was infrastructure. Not protocol infrastructure—human infrastructure.
Global Bitcoin development is unevenly distributed across the continent. Stable electricity. Reliable internet. Quiet workspaces. Informal peer networks for debugging at 2 AM. For many women, especially those balancing family responsibilities or living in shared housing, these aren't givens. They're luxuries.
Remote work becomes inconsistent—collaboration fragments. Open-source contributions taper off. Not from lack of ability. From a lack of support.
This is the invisible filter that determines who can contribute to Bitcoin's core infrastructure. And it's been filtering out some of the most motivated builders on the continent.
The Dada Hub: Infrastructure as Statement
The response is architectural. Literally.
The Dada Hub, launching in Nairobi, isn't a Bitcoin-branded coworking space. It isn't an accelerator chasing demo days. It's something Bitcoin Twitter rarely sees: physical infrastructure explicitly designed for sustained, deep work on the protocol.
Daily collaboration. Code review in real time. Open-source contributions to Bitcoin and Lightning repositories. Structured technical sessions. Long-term mentorship. Residency programs that allow for the kind of extended focus that severe protocol work demands.And crucially: contribution-linked stipends.
This matters more than it appears. Open-source culture has long assumed that developers can afford to work for free, subsidized by privilege or corporate sponsorship. The Dada Hub rejects this. Time has a cost. Economic support tied directly to open-source contribution acknowledges reality rather than ignoring it.
The result? Better code. Active repositories. Retained talent. Sustained output.
Why This Matters for Bitcoin's Future
Here's the thesis that should resonate with anyone serious about Bitcoin's long-term resilience:
Africa is one of the fastest-growing regions for Bitcoin adoption. Yet relatively few Bitcoin tools are built locally. The solutions exist. The users exist. The builders haven't—until now.
The Dada Hub closes this gap by empowering developers who understand local constraints to build solutions that meet global standards. African participation in Bitcoin becomes not extractive, not temporary, but durable and generative.
Measured not by hype but by retention and output, this represents a shift from education as exposure to education as infrastructure. It's a bet that when African women are given space, tools, and time to build, they won't just participate in Bitcoin's future.
They'll help define it.
The Dada Hub launches in 2026. Nairobi. For builders who understand that the best time to start contributing to Bitcoin was ten years ago. The second best time is now—if you have a desk, reliable power, and peers who speak your language.
Some bets are worth making.
$BTC
#WhenWillBTCRebound

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Look, nobody's pretending things are great right now.

#Ethereum is down, #bitcoin is down, Your portfolio? Probably down. The whole crypto market has been getting beaten up worse than most people expected.

There's been massive selling, people getting liquidated left and right, and even some money quietly sneaking off to "safer" places like gold.

It's painful. And if you're holding $ETH , it's really painful.

Tom Lee who runs BitMine, a company that holds a ton of Ethereum admitted yesterday at the Ondo Summit that they're down billions of dollars on paper. Billions. With a B.
So yeah, he's feeling it too.
But Here's Where It Gets Interesting

Despite all that, Tom Lee isn't panicking. In fact, he's still bullish. Not just "hopium" bullish he's pointing to actual data that most people are missing while they're staring at red candles.

Here's the thing he noticed that's different this time:

In every previous crypto crash, when prices tanked, the networks died too.

People stopped using them. Transactions dried up. Money fled the ecosystem. The whole thing just... froze. Ghost town vibes.

But Ethereum? Right now? It's doing the opposite.
Even with ETH's price getting hammered:

More people are using it every single day. Active wallet addresses are climbing, not falling.Daily activity is speeding up. Transactions, swaps, interactions all going up.Total Value Locked (TVL) is rising. That's the money sitting in Ethereum apps like Uniswap, Aave, lending protocols. It's growing, not shrinking.
Think about that for a second.

The price is crashing, but more people are actually using the network. That doesn't usually happen. It's like a restaurant losing money but getting more customers every day eventually, something's gotta give.
Tom's point: The fundamentals don't match the price action. And when that gap exists, it usually corrects violently in favor of the fundamentals.
The Market Is Messy, But the Big Picture Is Changing
Here's what's actually happening in crypto right now, beyond the price drops:
Short-term pain: We're in a shakeout. Overleveraged traders are getting wiped out. Weak hands are selling. Volatility is brutal. This part sucks, and there's no sugarcoating it.
Long-term shift: Crypto is breaking out of the old 4-year boom-bust cycle. Tom calls it a "supercycle"basically, crypto is evolving from a speculative asset into actual financial infrastructure.

What does that mean in practice?

Big companies are tokenizing real assets. Stocks, bonds, credit, dollarsreal stuff is moving onto blockchains, mostly Ethereum.Stablecoins are exploding. People and businesses are using them for payments, not just trading.Regulation is starting to help. Instead of just cracking down, governments are creating frameworks that let crypto grow legally.

This isn't just hype. It's happening quietly in the background while everyone's distracted by price swings.

Tom's bet: Ethereum is becoming the base layer for this new financial system. And when that clicks for the broader market, ETH is going to rip hard compared to traditional assets like gold.

Oh, and About Vitalik...
Speaking of awkward timing.
While Tom Lee is out here defending Ethereum and talking about long-term fundamentals, Vitalik Buterin just sold $5.12 million worth of ETH this week.
Yeah. $5.12 million. This week.

Someone should probably tell him this isn't the best look right now.

Now, to be fair Vitalik sells ETH regularly. He funds projects, donates to charities, pays developers, supports Ethereum research. It's not necessarily a bearish signal. He's been doing this for years, and ETH has survived just fine.

But optics? Not great.

When the founder of Ethereum is dumping millions while retail holders are watching their portfolios bleed and Tom Lee is telling everyone to stay calm... it creates a vibe. A "do as I say, not as I do" kind of vibe.
Is Vitalik worried about ETH's future? Probably not. Does it feel a little off when he's selling during a massacre? Yeah, it does.

So What's the Play?
Tom Lee's take boils down to this:
Ignore the noise. Watch the data.

Price is down, but usage is up. That's rare and usually bullish.Crypto is transitioning from speculation to infrastructure. That takes time and hurts in the short term.The network is getting stronger, not weaker, even during this crash.

If you believe Ethereum will be the backbone of tokenized finance (and a lot of big money clearly does), then times like this are when you accumulate or hold tight.
If you don't believe that, then the current price action is just confirming your thesis, and you should probably exit.

But if you're somewhere in the middle bleeding, frustrated, but not ready to give up Tom's message is basically: "The fundamentals are improving. The price will catch up."

Whether that happens in 3 months or 3 years? That's the bet you're making.

Bottom line: It's a brutal market. No one's denying that. But underneath the pain, Ethereum's actual usage is growing, not shrinking. That's unusual. And if Tom Lee is right, that divergence won't last forever.

Just maybe don't expect Vitalik to stop selling anytime soon.

What do you think are the fundamentals enough to ignore the price action, or is this just copium? Drop your thoughts below.