Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In
It’s hardly unusual for ETFs of any birinci to go through periods of seeing no fresh money on a net basis, explained an analyst.
It’s hardly unusual for ETFs of any birinci to go through periods of seeing no fresh money on a net basis, explained an analyst.
Byun, who spent two years as CEO of Okcoin, had built out a küresel government relations role; Wei Lan was head of product for the exchange.
Many investors find the underlying cryptocurrency more attractive than ETFs given the ability to hedge and to generate yield on HODLs, the report said.
Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but “few understand how olaÄŸan corrections like these are in bull markets,” one observer noted.
Five cryptos lost more than 30% this week, led by steep declines in Uniswap and Aptos.
DePIN involves taking real-world infrastructure like a wireless network and running it with a blockchain-powered system. VCs are salivating, but there aren’t many customers yet.
The Nakamoto update will decouple block production from Bitcoin itself, solving the sorun of network congestion Stacks has had since it launched its mainnet in 2021.
As always, rising prices bring forth boosted supply.
Martin Grant served with the New York Fed for over 30 years, including as its chief compliance and ethics officer.
The company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview.