Crypto winter presents an opportunity amid chaos, says asset group exec
Alex Tapscott told Cointelegraph that bear markets lead to great ideas being formed and new businesses being built. Bear markets often result in investors showing extreme fear in tools that measure the market’s sentiments. However, despite the uncertainties during a crypto winter, some prefer to focus on the opportunities that it can bring. Alex Tapscott, managing director at Ninepoint Digital Asset Group, told Cointelegraph that the bear market is a time to focus on building. Tapscott highlighted that it’s essential to look beyond the market’s prices and see the foundations that are being....
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Many crypto investors have sold their assets due to the ongoing market volatility. However, the effects of the crash are still reverberating across all the exchanges and crypto firms. Some lost liquidity and couldn’t sustain users’ demands, while others downsized their staff capacity. Some investors seized the chance to add to their crypto portfolio amid the chaos. An example of such a future-oriented investor is Anthony Scaramucci. Scaramucci has revealed that SkyBridge Capital, his firm increased its ETH and BTC volume during the crash. So when others scrambled to sell off to....
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies.
UBS Expects Crypto Winter That Could Last Years
Switzerland’s largest bank, UBS, has warned of a crypto winter where prices crash and may not recover for years. The bank’s analysts, led by James Malcolm, recently explained in a note to clients several reasons why cryptocurrency may lose its attractiveness to investors this year.
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Tesla CEO and Twitter chief Elon Musk has made bullish statements about bitcoin and dogecoin despite crypto market sell-offs. He said bitcoin “will make it” and “DOGE to the moon.” Amid crypto winter and the chaos surrounding bankrupt crypto exchange FTX, Musk believes there is a future for bitcoin, ethereum, and dogecoin. Elon Musk Thinks Bitcoin ‘Will Make It’ Tesla, Spacex, and Twitter chief Elon Musk commented on the future of bitcoin Monday. Responding to a Twitter user asking about where the price of the cryptocurrency will be in another year....
Perhaps no segment of the altcoin industry is more volatile than the privacy-centric coin market. Coins rise and fall constantly, and investors can become wealthy or see their investments vanish in hours. Currently, Stealthcoin holders are experiencing the latter scenario. The Stealthcoin price has decreased more than 37% in the past day alone, leaving the community in chaos. Also Read: Anoncoin Price Bursts Out of the Shadows. Stealthcoin. Stealthcoin Price Plummets Amid Community Chaos. On September 22, the Stealthcoin price reached an all-time high of 14,479 satoshis. However, the....
In the ever-evolving landscape of crypto, recent developments have sent shockwaves throughout the industry, further deepening what can only be described as a “crypto crisis.” The upheaval has been marked by financial struggles at major companies and notable leadership changes that are raising questions about the stability and future of the digital currency market. Related […]