Wall Street dumps risky ETFs after crypto crash

Wall Street dumps risky ETFs after crypto crash

When crypto prices were running hot, Wall Street pounced. Issuers rushed to file for a dizzying number of ETFs tied to altcoins — the volatile, thinly traded tokens that live on the speculative edge of digital finance. Then came the past week’s crash. Billions of dollars in market value has vanished as altcoins plunged, exposing … Read more

What lies ahead for Altcoins: Looking at the future of diversified portfolios

What lies ahead for Altcoins: Looking at the future of diversified portfolios

Bitcoin entered the public view in 2009 and has remained a central part of the crypto conversation, for the past decade and a half. It has become a key crypto asset, closely tracked and widely regarded as a bellwether of industry health.However, several alternative crypto assets, known as altcoins, have emerged in recent years, aiming … Read more

Crypto altcoins are outperforming with Bitcoin ‘gravitating’ toward $50,000

Crypto altcoins are outperforming with Bitcoin ‘gravitating’ toward ,000

Smaller, lesser-known digital currencies are outperforming Bitcoin after the breathtaking surge by the market bellwether in recent weeks. Cardano surged as much as 30% on Friday, while Solana gained about 8% and Avalanche increased 12%. Meanwhile, Bitcoin was up about 2% and Ether was down around 1%. Combined, the two largest tokens account for about … Read more

Second-biggest cryptocurrency ethereum breaks $4,000 to hit record high

Second-biggest cryptocurrency ethereum breaks ,000 to hit record high

LONDON/SINGAPORE: Cryptocurrency ethereum broke $4,000 for the first time on Monday, climbing to a new peak for a third day in a row on bets it may find new uses, although some analysts said it was overvalued at current levels. Ethereum, the second-largest coin by market capitalisation, jumped more than 6% to just below $4,175, … Read more