One Firm Thinks the Risks of Crypto Contagion Are Waning, But is it Correct?
One indicator suggests that the risks of the crypto winter spreading to the traditional financial markets might be waning.
BTC$60,022.00-4.02%
ETH$1,611.40-2.93%
USDT$0.9986-0.03%
USDC$0.9996-0.01%
XRP$1.06-3.72%
SOL$67.04-2.81%
TRX$0.3262-1.18%
FIGR_HELOC$1.03-0.13%
HYPE$59.29-5.23%
DOGE$0.0751-4.89%
USDS$0.9994-0.02%
RAIN$0.0159+1.07%
LEO$9.45-0.91%
ZEC$401.75-3.79%
XLM$0.1844-4.52%
BTC$60,022.00-4.02%
ETH$1,611.40-2.93%
USDT$0.9986-0.03%
USDC$0.9996-0.01%
XRP$1.06-3.72%
SOL$67.04-2.81%
TRX$0.3262-1.18%
FIGR_HELOC$1.03-0.13%
HYPE$59.29-5.23%
DOGE$0.0751-4.89%
USDS$0.9994-0.02%
RAIN$0.0159+1.07%
LEO$9.45-0.91%
ZEC$401.75-3.79%
XLM$0.1844-4.52%
The ECB believes Bitcoin is not a suitable means of cross-border payments, citing its PoW mechanism, lack of regulation, and volatility.
One indicator suggests that the risks of the crypto winter spreading to the traditional financial markets might be waning.
El Salvador would partially fund the $1.6 billion buyback using special drawing rights from the IMF.
Tesla hasn't sold any of its Dogecoin reserves, said the company's CEO Elon Musk.
Swiss crypto investment firm 21Shares launched two new risk-adjusted Bitcoin and Ether ETPs, with a target volatility of 40%.
Over the last year, institutional involvement in the crypto markets has changed things dramatically, although it remains small.
Inflows into short Bitcoin investment vehicles reach a record four-week run of $88 million.
Bitcoin's production cost fell to $13,000 from $24,000 last month due to cheaper electricity prices. But, the decline could hurt BTC's future price gains.
The perennial debate between proof-of-stake (PoS) and proof-of-work (PoW) maximalists continues in earnest.
Over $64 million worth of inflows were recorded for digital asset products last week, with the recently launched Short Bitcoin ETF accounting for most.
Bitcoin miners have racked up debts of around $4 billion during the recent bull cycle which is currently under distress.
In what looks like a coming-of-age story, Bitcoin has been tossed about by more than just crypto-related headlines for a while now, suggesting maturity.
After a slow start, the first short Bitcoin ETF nearly quadrupled its trading volume during the second day.