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Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14. Go to Source Powered by WPeMatico
“Our front office teams […] think and act like risk managers to ensure that we are not exposed in any significant way to market swings,” said Celius CFO Rod Bolger. Go to Source Powered by WPeMatico
The streaming service’s stock price took a major hit after releasing disappointing user numbers, making some in the crypto community cry foul at the volatility. Go to Source Powered by WPeMatico
Ether’s price has been sideways for 27 days, but pro traders are not confident about the $2,500 support, according to derivatives. Go to Source Powered by WPeMatico
ETH traders were excited by the recent break above $3,000, but a handful of data points suggest that Ethereum price will stay in a downtrend. Go to Source Powered by WPeMatico
Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets. Go to Source Powered by WPeMatico
Institutional investors who bought BTC via on-chain transactions seem to have not sold their holdings yet, according to CryptoQuant’s CEO. Go to Source Powered by WPeMatico
The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct or indirect exposure to these assets would increase the risks associated with the financial institutions. De Cos also stated that while … Read more
The Spanish Civil Guard has broken up a group that used cryptocurrencies as a tool to launder money. The organization, that operated in Madrid, supposedly lent these services to other criminal organizations. The MAUNA operations, as they were called by the Spanish Civil Guard, discovered phantom companies in several countries like Spain, Belgium, Sweden, Germany, … Read more
Following a strong start to the week, crypto markets are submerged under a red wave as we head into the weekend. Bitcoin and ethereum are both lower, giving up some of this week’s gains in the process. Bitcoin Bitcoin followed up Thursday’s volatile session with even more uncertainty today, as the world’s largest cryptocurrency was … Read more
