Despite how good the capital markets are beginning to look, according to some, there are several factors that indicate that it is only a temporary bull moment in the markets and, given the high correlation between crypto and stock markets, it may also be the case.
Author: joyabia
joyabia
Joy Abia contributed to Blockchain Journal during 2022, covering topics related to finance, digital assets, and the intersection between traditional financial systems and emerging fintech models. Her reporting focused on explaining financial concepts, market structures, and investment-related developments within the broader crypto and blockchain landscape.
Due to recent reports on the digital asset markets, the Taiwanese government has urged the general public to stay away from investing in nonfungible tokens (NFTs) because of the high levels of risk involved.
Despite the crypto market collapse, Shark Tank star Kevin O’Leary, dubbed Mr. Wonderful, claims he is not selling any of his bitcoins.
Tesla and SpaceX CEO, Elon Musk reaffirmed his loyalty and support to the meme coin, Dogecoin, in a tweet on Sunday. He confirmed that he will keep buying the meme coin.
Solana is implementing a new price prioritization approach, as well as other network changes targeted at ensuring network reliability.
Mike Novogratz, CEO of Galaxy Investment Partners, spoke about the state of the crypto market this week and warned that the US economy is on the verge of collapsing.
Everstake has established plans for a “special fund” to tide the company over in the case of a bear market, according to the CEO.
After having addressed the mathematical explanation for how ZK-SNARKs works, Vitalik Buterin yesterday released explanations on how ZK-SNARKs can be used to achieve privacy.
Goldman Sachs recently released the eleventh edition of its annual global insurance report survey, which provides valuable insights from investment and financial officers about the macroeconomic environment and return expectations. The survey polled 328 decision-makers, representing over half of the $26 trillion global insurance businesses. The report included cryptocurrency for the first time.
SEC Chairman Gary Gensler told the Wall Street Journal CFO Network Summit that new legislation to regulate crypto markets could inadvertently undermine broader market regulations that already exist. They fear that other big markets may seek to migrate to a less compliant environment, which could be a bad situation for the economy generally.