CoinDesk: Crypto Funds Saw Year’s Highest Inflows as Terra Crisis Crashed Markets
Some $274 million flowed into digital asset funds as investors bought the dip during Terra’s turmoil kicked off a broad market sell-off.
Some $274 million flowed into digital asset funds as investors bought the dip during Terra’s turmoil kicked off a broad market sell-off.
$20,000 or $32,000? Both feature in the outlook for Bitcoin price action going forward.
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a $3 million investment in Terra have not been sold or moved. Binance’s LUNA Tokens Not Sold After his exchange faced criticism for
India’s market regulator, the Securities and Exchange Board of India, has suggested that no celebrities should endorse crypto products.
The Finance Minister in Portugal has confirmed that cryptocurrency will be subject to taxation in the near future.
Chief financial officer André Milanez said that the product will launch within the next 6 months.
Los temores por la inflación y el sentimiento macroeconómico deficiente han provocado que bitcoin fracase como escudo contra la inflación en las últimas semanas.
Despite BTC and ETH trading lower on Monday, several cryptocurrencies managed to move higher to start the week. XMR was one of the biggest climbers, with solana also moving higher during the session. Monero (XMR) XMR was one of Monday’s biggest gainers, as prices rose by almost $20 from lows during Sunday’s session. Following a
The former Fed chair also faulted current monetary policymakers for acting too slow to curb inflation.
Commenting on the recent market volatility, Fabio Panetta also said stablecoins were still “vulnerable to runs,” just as investing in cryptocurrencies carried certain risks.
The filing is expected to become effective after the SEC completes its review process, subject to market and other conditions.
The facility could accommodate up to 4 EH/s of mining power. Site development is expected to start this quarter.
BaFin’s Birgit Rodolphe said decentralized applications like insurance, lending and securities could be subject to significant fraud and losses, and called for EU-level laws.