Crypto Explainers

Crypto Meltdown Offers Trading's Age-Old Money Opportunity - Arbitrage

Crypto Meltdown Offers Trading's Age-Old Money Opportunity - Arbitrage

Muyao Shen, Bloomberg | Friday June 17, 2022

An arbitrage opportunity appears to be emerging already from the latest crypto meltdown, with traders pointing to the price disparity between Ether and a version of the second-largest digital-asset that has been at the center of the recent turmoil.

Crypto Stock Short Sellers' Gains Up About 126% This Year: Report

Crypto Stock Short Sellers' Gains Up About 126% This Year: Report

Reuters | Thursday June 16, 2022

Short sellers of crypto stocks have clocked about 126 per cent in mark-to-market gains this year, far outpacing those from other sectors

Crypto Contagion Fears Spread After Celsius Freezes Withdrawals

Crypto Contagion Fears Spread After Celsius Freezes Withdrawals

Reuters | Tuesday June 14, 2022

Bitcoin fell as much as 14 per cent on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" market conditions, in the latest sign of the financial market downturn hitting the cryptosphere.

Who Is Making The Moolah From Messy Crypto Markets? Read On

Who Is Making The Moolah From Messy Crypto Markets? Read On

Reuters | Tuesday June 14, 2022

The crypto market's a hot mess, leaving many investors struggling to turn a buck. Enter the arbitrageurs.

No Respite For Crypto Plunge As Celsius Halt Leaves Investors 'Panicking'

No Respite For Crypto Plunge As Celsius Halt Leaves Investors 'Panicking'

Reuters | Tuesday June 14, 2022

Cryptocurrencies tumbled afresh on Tuesday, with bitcoin and ether falling to new 18-month lows, after major cryptocurrency lending company Celsius Network's freezing of withdrawals delivered the latest jolt to investors in the asset-class.

Millennials' Hunt For-Profit Drives Risky Crypto Investments In India

Millennials' Hunt For-Profit Drives Risky Crypto Investments In India

Subhadip Sircar, Divya Patil and Alex Gabriel Simon Thattil, Bloomberg | Tuesday June 14, 2022

An impatient Indian investor class, largely driven by millennials, is leaping into riskier investments from peer-to-peer lending to cryptocurrencies in the hope of boosting returns rocked by one of the worst inflation rates in Asia.

Asian Wealth Managers Wary Of Digital Assets, Despite Robust Demand

Asian Wealth Managers Wary Of Digital Assets, Despite Robust Demand

Reuters | Sunday June 12, 2022

Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand due to a lack of understanding of these assets, according to an industry survey by consulting firm Accenture published on Monday.

No Future: Analysts Weigh In On New Luna Tokens' Prospects

No Future: Analysts Weigh In On New Luna Tokens' Prospects

By Tanzeel Akhtar, Sidhartha Shukla and Suvashree Ghosh, Bloomberg | Saturday June 11, 2022

Since the backers of the failed Terra blockchain launched a new digital token to compensate investors burned by one of cryptos biggest busts, the blows have kept coming.

Ethereum's 'Difficulty Bomb' Delay Is Bad News For Revamp

Ethereum's 'Difficulty Bomb' Delay Is Bad News For Revamp

Olga Kharif, Bloomberg | Saturday June 11, 2022

Ethereum's big transition to a more energy efficient system that developers have been promising for years could be kicked down the road yet again as they plan to delay a so-called difficulty bomb that's designed to slowly boot miners off the blockchain.

Crypto Regulations Need To Keep Pace With Market Growth: Bank Of Canada

Crypto Regulations Need To Keep Pace With Market Growth: Bank Of Canada

Reuters | Saturday June 11, 2022

The number of Canadians who own cryptoassets is growing rapidly and efforts to regulate the sector need to start keeping pace, a senior Bank of Canada official said, noting many people may not understand the risk of investing in products like bitcoin.