Wednesday, December 18, 2024
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Blurring the line between crypto and TradFi could redefine global finance

Despite the current struggle in the global economy, the gap between traditional finance (TradFi) and crypto seems to be closing with each passing day. For example, earlier this month, Vienna-based fintech unicorn Bitpanda announced that it was adding commodities to its list of investment options, thus allowing investors to rake in

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Bitcoin Cheers Dollar Weakness, But TradFi Experts Retain Bullish Bias on Greenback

The dollar index, which tracks the greenback's value against major fiat currencies, was trading lower at around 108. The index peaked above 110 last week as the European Central Bank rate hike put a floor under the euro and inflation expectations fell, offering relief to risk assets, including bitcoin. Original Source

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3 things the crypto sector must offer to truly mainstream with TradFi

In the past year, we’ve seen the crypto economy undergo exponential expansion as heaps of money poured into various cryptocurrencies, decentralized finance (DeFi), nonfungible tokens (NFT), crypto indices, insurance products and decentralized options markets. The total value locked (TVL) in the DeFi sector across all chains has grown from $18 billion

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Bitcoin Still a Risk-Asset Despite Last Week’s Inflation-Led Rally, TradFi Experts Say

“We find ourselves in an environment of significantly elevated inflationary pressures, an environment that is also completely new territory for bitcoin and its reaction function, in other words, whether bitcoin is a decent inflation hedge or not remains to be seen,” Marc-Andre Fongern, senior analyst at Fongern Global FX, told

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