Fitch Ratings flags Bitcoin-backed securities for ‘high market value risk’
Fitch said sharp Bitcoin price swings could quickly erode collateral backing these securities, increasing the risk of losses for lenders and investors. Go to Source
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Fitch said sharp Bitcoin price swings could quickly erode collateral backing these securities, increasing the risk of losses for lenders and investors. Go to Source
Several blockchain analysts said they were unable to verify whether the Latin American nation held $60 billion in the cryptocurrency. Go to Source
The latest purchase lifted the company’s Ether holdings to about 3.4% of the token’s circulating supply, as Bitmine’s chairman, Tom Lee, aims to accumulate 5% of the total outstanding supply. Go to Source
ETH’s recent rally was driven by spot demand and a healthy use of futures market leverage, potentially setting Ether up for a follow-up move to $4,000. Go to Source
With Bakkt’s share price surging following the announcement, the stock deal could be worth about $178 million. Go to Source
Bitcoin whales sold $286 million of BTC in January, but a slowdown in the distribution and accelerating bullish momentum could send BTC to $100,000 before the end of the month. Go to Source
The funding will support expansion of enterprise payment and settlement services across Latin America, the United States and Asia. Go to Source
Bitcoin and several major altcoins bounced off their strong support levels, but charts and trading volume suggest bears will continue to sell at the range highs. Go to Source
Binance Research said crypto markets are entering a new phase, as institutional allocation and strategic positioning begin to outweigh retail-driven momentum. Go to Source
Bitcoin failed to become investors’ choice as the debasement trade as BTC price action slumps while gold and silver hit repeat all-time highs, said analysis. Go to Source