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Latest from Lyllah Ledesma
Fitch Says Rapid Stablecoin Growth Poses 'Contagion Risks'
The Fitch report suggests that the turmoil also could have the potential to spread to traditional markets.
There's a 'Clearance Sale' on Bitcoin, but Institutions Aren't Rushing In
“Despite there being a sign in the recent bear market that investors are scared off, we don’t see massive outflow from institutional users,” one crypto exchange executive said.
Musk’s Tweets Swayed Some Investors on Bitcoin Environmental Concerns, Survey Shows
A survey shows some 49% of respondents said that “bitcoin being environmentally unfriendly" is an issue for them as an investor.
Bitcoin Futures' Open Interest Drops More Than Half in 2 Months
The Arcane Research report says this downward trading indicates institutional investors are being “cautious” at the moment.
How the Bitcoin Industry Is Responding to Wall Street's ESG Concerns
“They are doing it out of the sense of survival,” said John Reed Stark, former chief of the U.S. Securities and Exchange Commission’s Office of Internet Enforcement.
Mining Council: We Must Counter 'Misinformation' About Bitcoin's Environmental Damage
MicroStrategy CEO Michael Saylor said the problem isn't bitcoiners but those negative headlines about mining.
Bitcoin Trading Volume Tumbles After Record May; Demand Withers With Price
“Traders have certainly lost the appetite for bitcoin in this uncertain market environment,” Arcane Research wrote in a report.
Binance Extended Crypto Exchange Dominance During May Trading Frenzy
Binance led competitors in May with a monthly trading volume of $2.46 trillion, up 49% from April levels.
NU Rallies 44% on Binance Listing While Bitcoin, Ether Fall on Musk Tweet
NU is one of the few coins that has shown positive gains in the past day.
‘Perception of Validity’: How the Market Is Reacting to Dogecoin on Coinbase Pro
“People are still going to be cautious long-term, but this debut will eventually have some ability to attract traditional investors" said Edward Moya, Senior Market Analyst at Oanda.
