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Ethereum’s 40% post-ETF drop is an expected ‘sell-the-news’ reaction – Bitfinex

Bitfinex analysts said Ethereum’s (ETH) 40% decline following the launch of spot ETH exchange-traded funds (ETFs) in the US is an expected “sell-the-news” reaction. According to the latest edition of the “Bitfinex Alpha” report, Ethereum ETFs are facing substantial challenges as significant outflows continue to weigh heavily on Ether’s performance, exacerbating the asset’s underperformance relative […] The post Ethereum’s 40% post-ETF drop is an expected ‘sell-the-news’ reaction – Bitfinex appeared first on CryptoSlate. дальше »

2024-8-20 23:45

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Crypto could see $6 trillion from inheritances over 20 years: Bitwise’s Matthew Sigel

Bitwise Head of Digital Assets Research Matthew Sigel said more than $6 trillion could flow into crypto from inheritances over the next 20 years. On July 8, Sigel cited the 2024 Bank of America Private Bank Study, which said that Gen X, millennials, and future generations could inherit $84 trillion from seniors and Baby Boomers […] The post Crypto could see $6 trillion from inheritances over 20 years: Bitwise’s Matthew Sigel appeared first on CryptoSlate. дальше »

2024-7-9 00:30

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FTX granted court approval to solicit votes on liquidation plan; some creditors continue to object

A US bankruptcy court has granted FTX approval to solicit votes on a liquidation plan that pays customer claims in cash, Reuters reported on June 25. The cash payment plan would pay customers based on crypto prices at the time of FTX’s November 2022 collapse, overriding objections from customers who seek higher amounts because crypto […] The post FTX granted court approval to solicit votes on liquidation plan; some creditors continue to object appeared first on CryptoSlate. дальше »

2024-6-26 04:00

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BIS urges central banks to adopt AI to mitigate economic and financial risks

The Bank for International Settlements (BIS) has called on central banks to embrace artificial intelligence (AI) in anticipation of its significant impact on the economy and financial system. In a pre-released chapter of its upcoming Annual Economic Report for 2024, the BIS emphasized that the widespread adoption of AI could affect inflation trends and urged […] The post BIS urges central banks to adopt AI to mitigate economic and financial risks appeared first on CryptoSlate. дальше »

2024-6-26 03:11