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0 CommentsThere are two big questions considered “uncouth” in financial circles. For fiat currencies, it is: “What backs the central bank-issued money?” For cryptocurrencies: “How much should 1 BTC actually be worth?” Recently in the United States, Republican Senator Cynthia Lummis from Wyoming told CNBC that bitcoin is the standard, so, unlike other cryptocurrencies, it’s not…
We finish our description of the cryptocurrency industry through the eyes of “traditional” financiers, primarily bankers. As it turned out, they are not as blinkered as we used to think. Moreover, they can reasonably assess the prospects of a decentralized financial world. Strong impression of DeFi Decentralized finance has undoubtedly greatly impressed financial market professionals….
Bitcoin price volatility continues as data reveals exchange activity is anything but flat this week, new data shows. Bitcoin whales move large amounts of coins to exchanges in tandem with large outflows, while top 10 deposits make up 90% of exchange inflows. According to on-chain analytics firm CryptoQuant, the exchange whale ratio indicator large shows…
We continue to describe the cryptocurrency industry through the eyes of “traditional” financiers, primarily bankers. As it turned out, they are not as blinkered as we used to think. Moreover, they can reasonably assess the prospects of a decentralized financial world. Crypto is turning corporate As the digital asset ecosystem grows and more people get…
Sometimes I catch myself thinking that for a long time, I have been analyzing the cryptocurrency industry from the “inside”. Yes, it is very convenient: you know and understand everything; you are immersed in the processes and see their internal dynamics. But it also leads to certain distortions of perception. We shouldn’t forget that people…
The current situation in the financial market is like oil and water. The blockchain-based digital economy does not mix with the fiat economy and old finance. With one exception – CBDCs. But what future awaits them? “Over the past few years, I had some run-ins with regulators. And there are two sides to this coin….
