Cryptocurrency Analysis and News Portal
“There are some vulnerabilities and risks in that space that do warrant a cautious and careful approach,” Hsu told reporters on a call about his agency’s Semiannual Risk Perspective (released Thursday), which again highlighted digital assets as a space that could pose dangers to lenders in the U.S. The agency
Read More
Shiba Inu is currently the second-largest crypto asset held among the top 100 Ethereum whales behind USDC, according to statistics from WhaleStats, although Ethereum (ETH) maintains the top rank. The most recent data from WhaleStats reveals the investment patterns of the top 100 non-exchange Ethereum addresses by wealth. The top 100
Read More
The Federal Reserve Board has released its twice-yearly monetary policy report, noting that "recent strains experienced in markets for stablecoins…and other digital assets have highlighted the structural fragilities in that rapidly growing sector." Source
Read More
These market dynamics, though, have helped create some possible M&A opportunities because of the company’s size and funding, Levitt said. “We believe we're well positioned for continued growth and to take advantage of new opportunities that may come our way in this type of environment,” he said, adding: “We're starting
Read More
"It does make sense that this episode with Terra would refocus attention on stablecoins generally,” Toomey told reporters on a conference call, but he defended tokens backed by assets such as cash and securities and said he doesn’t see them as a risk to the financial system, as suggested by
Read More
Bitcoin and crypto are growing as financial strongholds in the wake of recent events. Ukraine has received over $50 million in crypto donations, and citizens of both Ukraine and Russia are flocking to crypto platforms. Crypto is emerging as a reliable asset against governmental forces. Bitcoin and cryptocurrencies have quickly emerged as a
Read More
Brokers will not be able to execute trades on Russian equities for non-residents as central bank prepares for a tumultuous market opening. Source
Read More
Cryptocurrency investment funds recorded a sizable increase in inflows last week, signaling that institutional investors were still gaining exposure to digital assets despite extreme volatility in the market. Digital asset investment products registered $36 million in cumulative inflows for the week ending Sunday, according to CoinShares data. Regionally, new investments were
Read More
Bitcoin has not had the best couple of things and altcoins have been subjected to the same fate too. The market has continued to succumb to pressure being mounted by various social issues, from the Canada protests to the brewing conflict between Ukraine and Russia. In all of this, however,
Read More
Violent protests have poured into the capital of Kazakhstan in an outraged response to sharp fuel rate hikes. For citizens of the central Asian country, the government has resigned and a state of emergency has been declared in the nation’s capital. But for the rest of the world, the turmoil
Read More