The UAE, Japan, and Singapore have emerged as the trendsetters in regulating the crypto market effectively, top European academic Guy Burton said, citing The Dubai Financial Services Authority explicitly included a crypto regulatory framework in its 2021 business plan. Guy Burton, an Adjunct Professor at the Brussels School of Governance, where he teaches politics and…
During the crypto downturn, CoinDesk surveyed some survivors of the last bear market for advice on what to do and not to do. Cryptocurrency prices have plummeted, some crypto projects have gone bust, many companies are struggling and have stopped hiring, and the usual “crypto is dead” headlines are hitting the mainstream media. Things aren’t…
A deep dive into the FT archive reveals what has driven the cryptocurrency’s falls and rises. Bitcoin has crashed in value by more than 50% in the past six months, but holders of the cryptocurrency are used to volatility. Here we look at how the FT covered Bitcoin’s previous booms and busts to see if…
Data from blockchain analytics firm Glassnode reveals that more than half of Bitcoin wallet addresses are still in profit, raising questions about the severity of the current market sell-off as Bitcoin fell below $20,000 over the last weekend. Despite Bitcoin bouncing back by Tuesday to over the $21,000 level, Morgan Stanley and Goldman Sachs warned…
Mike Novogratz, the CEO of the institutional crypto investment firm Galaxy Digital, said that the bottom might be near after the recent market turmoil. He is drawing parallels between crypto and Long Term Capital Management, a highly leveraged hedge fund that blew up in the late 1990s. “We’ve gone to a level that should be…
Many newbie crypto buyers are looking for a trading bot to help navigate volatile markets. Can these software programs be entrusted with your money? — studied Justin Varghese, Your Money Editor on Gulf News. Bots are nothing but automated computer programs designed to run specific tasks with minimal human intervention or interaction. But how safe…