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0 CommentsA panel of crypto industry experts expects Dogecoin (DOGE) to completely lose its value. Dogecoin “was a meme coin that shouldn’t have really gotten to this point,” experts said, blaming Tesla CEO Elon Musk for the popularity of the meme cryptocurrency. On July 27, price comparison portal Finder updated its Dogecoin (DOGE) price predictions. The…
The International Monetary Fund (IMF) director Tobias Adrian has warned of further selloffs in crypto assets and equities. He also expects crypto to drop even more amid a recession. Tobias Adrian, director of Monetary and Capital Markets for the IMF, warned about further selling pressure in the crypto market and more crypto token failures in…
Risk-mitigated approaches to crypto could offer the benefits of holding it but with less downside, writes Christopher Robbins on CoinDesk. The key to long-term investing success in cryptocurrencies is really no different than it is for investing in any other growth-oriented, volatile asset class: Time in the market beats timing the market. The problem is…
Lessons from the crypto crash: Just like in the aftermath of the dot-com bust, the crypto market now has to trim the fat, writes Axel Nussbaumer on Cointelegraph. The economist Benjamin Graham, known to some as the father of value investing, once compared the market to a voting machine in the short run and a…
The cost of mining one Bitcoin (BTC) has fallen to 10-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% since its May peak. It could help to reverse the falling profitability trend while lowering power demands on the network. JPMorgan strategists led by Nikolaos Panigirtzoglou, in a note to clients seen…
Alpha in DeFi is about to get a lot scarcer, although still super attractive. Luckily, risk management will eventually get much simpler, suggests Jesus Rodriguez, the CEO of IntoTheBlock, in an article on CoinDesk. Decentralized finance (DeFi) has been one of the areas of crypto most affected during the recent market downturn. From the collapse…
