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Nalezeno "Market Turmoil": 40

BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off


The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point,...

G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation


The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation...

2x Bitcoin: Wanna Double Your BTC to the Moon? Forget About It


Amid worldwide crisis and stock market turmoil, a growing number of investment schemes advertise a way to speedily double your bitcoins. Moon Bitcoin Live, for example, claims to be a licensed bitcoin doubler, promising that investors can double their bitcoins within 24 hours, with guaranteed...

This Little-Known Top 100 Altcoin Shines Amidst Market Turmoil


While both bitcoin and the broader crypto market is seeing a fresh wave of selling today, one little-known Canadian altcoin stood out from the rest of the market with double-digit returns over the past 24 hours. As of press time on Wednesday (12:54 PM UTC), AION – the native asset of the blockchain...

Bakkt’s Bitcoin Futures Shatters Records Amid Spot Market Turmoil


Bakkt’s bitcoin core (BTC) futures product saw another all-time high as the spot market price of BTC plummeted under $7,000 on Friday morning, Nov. 22. Bakkt saw 2,728 contracts traded ($20 million) and $1.75 million in open interest outpacing the record of 1,179 contracts on Oct. 25. Also...

Mainstream Media Hails Bitcoin as Safe Haven Amidst Market Turmoil


While global financial markets are in the midst of a massive turmoil, with the U.S. S&P 500 stock market index selling off more than 3%, even the mainstream media are starting to pay attention to potential bitcoin’s safe-haven properties. Several major media outlets, ranging from Bloomberg to CNBC...

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