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BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off
23.6.2022
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,...
SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation
21.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the recent crypto market turmoil underscores the urgent need...
Federal Reserve Board: Recent Market Turmoil Shows ‘Structural Fragilities’ of Crypto
17.6.2022
The Board of Governors of the Federal Reserve have noted the risks of stablecoins by referring to the recent dramatic market crash in the monetary policy report submitted to the Senate and the House
Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil
25.5.2022
The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation
21.5.2022
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...
Core Scientific Cites Crypto Market Turmoil in Lowering Its Growth Outlook
13.5.2022
The miner is also being approached with potential M&A deals as some other miners are struggling to finance their growth
Crypto investment funds attract $36M in capital despite market turmoil
28.2.2022
Inflows into Bitcoin and Ether investment products continue to rise as institutional investors re-accumulate
Is Bitcoin a Good Investment: Analyst Predicts High Institutional Demand Post Covid-19
25.4.2020
The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why...
2x Bitcoin: Wanna Double Your BTC to the Moon? Forget About It
23.3.2020
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...
How EOS and ETH DeFi Made It Through Market Turmoil
18.3.2020
The biggest DeFi projects on Ethereum and EOS have shown a lot of similarities recently, despite all the differences between the two
Ether Suffers Record-Setting 33% Drop Amid Global Market Turmoil
12.3.2020
Ether fell from $197 to $132 in early morning trading Thursday
This Little-Known Top 100 Altcoin Shines Amidst Market Turmoil
26.2.2020
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
23.11.2019
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
6.8.2019
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...