$92,386.00
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0.00%$0.172228
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-4.26%$0.24348
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-2.02%$2.99
1.91%$14.36
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1.94%$0.261612
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0.01%$359.28
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0.03%$1,737.34
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0.25%$1,851.88
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-8.48%$5.72
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-2.84%$51.10
-2.44%$2.42
-3.15%$329.71
-1.84%$23.04
-4.33%$0.878755
-7.18%$5.01
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-0.06%$1.00
0.00%$0.095923
-0.13%$16.32
-3.83%$0.089238
-4.74%$160.50
-2.52%$11.91
27.48%$0.687337
-3.63%$4.32
-6.99%$0.0251632
-4.71%$1.17
-0.02%$0.22788
3.49%$4.33
-0.86%$92,112.00
-1.94%$0.335525
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0.06%$0.208774
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0.05%$4.07
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-2.03%$10.24
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0.05%$0.681014
0.47%$9.22
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0.05%$1.001
0.05%$0.08803
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-0.11%$0.999947
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0.08%$91,298.00
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-1.96%$0.808934
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-4.06%$0.285872
-4.52%$0.02060643
8.05%$1,852.40
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0.01%$0.6609
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0.25%$0.00006632
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0.05%$0.00000063
-1.17%$92,269.00
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-3.06%$0.225713
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-9.43%$16.52
-3.21%$0.525272
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-0.43%$0.144485
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7.87%$0.998852
-0.03%$0.514062
-8.09%$0.067972
1.06%$0.999904
-0.01%$94,807.00
-0.24%$2.27
6.73%$0.620592
-3.69%$90,228.00
-1.79%$0.43544
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-1.82%$0.999905
0.00%$0.00812921
-6.94%$1.67
0.48%$0.492243
-12.65%$1.28
-3.04%$0.683352
-11.65%$0.172019
-6.13%$1,809.30
-2.15%$0.146328
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0.01%$15.11
-3.70%$0.00002133
-4.10%$92,141.00
-1.90%$5.94
-2.07%$0.00000042
-1.50%$1,736.92
-3.06%$0.502938
2.40%$1.084
0.04%$6.21
-5.09%$0.99959
-1.20%$0.50682
-1.00%$0.160557
-26.25%$2.44
-3.44%$0.227954
3.62%$0.076401
-1.99%$0.00619775
-9.89%$1,856.52
-2.77%$0.04020795
-2.98%$1,744.02
-2.77%$1,742.36
-2.89%$41.71
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-2.88%$0.078139
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-0.76%$0.17553
0.29%$0.998928
-0.10%$1.001
-0.00%$0.00006303
-1.21%$0.808785
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0.09%$0.327754
-9.13%$0.999683
-0.01%$1,784.37
-2.73%$0.118781
-1.34%$0.03132573
-1.45%$0.678491
5.26%$0.321582
-3.71%$92,315.00
-1.92%$0.00000146
-2.74%$2.65
-2.74%$1.00
0.02%$26.70
-0.55%$0.694937
1.62%$1.16
-4.23%$0.004156
-2.33%$0.232184
-4.21%$109.90
-4.14%$0.137057
-2.19%$0.626134
-7.85%$92,292.00
-2.24%$3,330.06
4.49%$0.999684
0.01%$1,720.80
-2.98%$0.274426
-0.02%$3.38
-6.96%$2.86
0.72%$0.268649
-8.41%$21.75
-3.40%$1.088
3.80%$1,842.65
-3.23%$0.183266
-3.20%$0.03658165
-1.53%$1,742.84
-2.92%$0.504847
-1.54%$0.108464
-4.26%$1,855.02
-1.91%$0.246939
2.95%$21.96
-4.48%$15.00
-3.50%$0.01231108
-3.59%$0.999978
0.02%$0.02846977
-3.59%$0.424199
-5.17%$0.905586
-6.86%$1.00
0.03%$0.693849
-6.30%$1,910.52
-2.92%$91,913.00
-2.42%$18.00
-5.24%$1.097
0.09%$2.19
-3.90%$1,888.86
-3.32%$0.00257644
-9.82%Reading
While the crypto world continues to assess the damage done in last week's market crash, members of the G7 are urging regulators to act before the body's next gathering in June.
Reuters reported that a draft letter by the countries' finance ministers and central bankers is asking the Switzerland-based Financial Stability Board (FSB) to advance "consistent and comprehensive regulation," before the next gathering of the G7 in Germany.
The G7 is composed of the seven largest advanced industrial economies—Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States—plus the European Union.
The letter comes in the wake of the most recent crash in the crypto market, triggered in part by the de-pegging of the TerraUSD (UST) algorithmic stablecoin on May 8, when UST first slipped from its peg to the U.S. dollar.
As UST stablecoin slipped from its price of $1, the Luna Foundation Guard, a group dedicated to supporting the Terra ecosystem, lent $750 million in Bitcoin and another $750 million in UST to restore TerraUSD's peg with the US dollar. Selling Bitcoin put more downward pressure on BTC and likely worsened the ongoing crypto crash.
Crypto bloodbath! How low will the major coins go, and what about Terra and stablecoins? Decrypt’s Dan Roberts, Jeff Benson, Stacy Elliott and Jason Nelson will discuss the news and parse through what’s happened and what might happen next.
Since May 8, the crypto market has lost $302.1 billion in value, according to CoinMarketCap.
Regulators in the U.S. and throughout the world clearly have Terra on their minds. During a congressional hearing last week, US Treasury Secretary Janet Yellen pointed to the collapse of Terra as an example of how stablecoins could "present risk to the financial system"—though she later clarified that the system isn't currently at risk.
There’s a wry humor in the fact that Bitcoin has at times been very closely correlated with traditional markets. Bitcoiners generally prefer that BTC not have a high correlation with traditional assets, like stocks and bonds. After all, one of the core tenets of the world’s largest cryptocurrency by market capitalization—$379 billion as of this writing, according to CoinGecko—is that it bypasses traditional finance. That’s why self-avowed Bitcoin fans, like Gemini co-founder Cameron Winklevoss,...
People moving on from the “speculative bubble” that is crypto, NFTs, and meme stocks is a positive sign for the U.S. economy, according to Wall Street heavyweight Ken Griffin. Miami-based trading firm Citadel Securities’ founder said in a Wednesday interview with CNBC that government handouts in 2020, in response to the COVID-19 lockdowns, led to investors pumping their cash into “speculative assets” like NFTs, crypto, and meme stocks. So-called meme stocks, shares of companies that gain a fol...
Institutional investor Bitcoin sentiment turned pessimistic on Friday as short Bitcoin inflows hit an all-time high, according to a new report from CoinShares. Short Bitcoin funds give investors exposure to derivatives, like futures and options, that bet against the price of Bitcoin. While investors can enter into those contracts directly, the CoinShares report tracks the flow of funds for exchange-traded products. By the end of last week, short Bitcoin investment products hit an all-time high...
