Designed to be completely private and unrelated to governments, can cryptocurrency be the future of money? Well, so far these decentralised electronic tokens have generally not worked very well as currency as they fail to fulfill any of its three traditional functions, says a new book by London-based financial writer Gavin Jackson. “Their price has … Read more
Paris: When Matt Danzico began seeing cryptocurrency logos in the packaging of grocery store items, he knew he had a problem. Danzico had been swept up in the global craze for trading digital currencies during the pandemic, and very quickly it had grown into an obsession. “I would have these sleepless nights where I’d be … Read more
NEW YORK: Cryptocurrencies posted inflows last week after hitting record outflows the previous two, as investors took advantage of price declines in the market, data from digital currency manager CoinShares showed late Tuesday. Inflows into crypto investment products and funds totaled $74 million last week. That followed record outflows of $151 million the previous two … Read more