We need to start thinking of blockchains as infrastructure for financial innovation rather than concentrating on the prices of a few digital assets, like bitcoin and ether, says WisdomTree’s digital of digital assets, Benjamin Dean.
A ratio related to bitcoin futures and the volatility of options has more than doubled this year, signaling outsized levels of leverage and speculation.
There’s some familiar arguments, and they all point to one conclusion: This is going to take a while.
SEC approval in January opened up the market to a new generation of investors but there are still advantages to directly owning crypto that ETFs can’t provide, says Eric Ervin, CEO of Onramp Invest.
ERC-404 allows multiple wallets to directly own a single NFT and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.
Much has changed since the Winklevoss filed unsuccessfully for the first Bitcoin ETF in July 2013.
As the spot ETF narrative hogs the limelight, the U.S. Treasury’s recent decision to slow the pace of bond sales and worsening economic and geopolitical issues silently support the bullish case in bitcoin.
Bankman-Fried was charming in front of reporters before FTX collapsed. Now he’s just defensive.
“I don’t understand the cryptocurrency,” and other bangers uttered in the courtroom.
If Republicans can’t unify behind Scalise or another choice to be speaker, paralysis in the House over crypto legislation and a potential government shutdown could continue.