“Bitcoin, You OK, Buddy?”

Benzinga | May 21, 2021

Bitcoin’s recent experience is the worst in its history, with one of the many possible reasons for its dismal performance being China’s regulations. In this article, Prabaldeep Paul highlights the volatility of crypto markets and the optimism surrounding cryptocurrencies.

Extract from the article: “The key triggers of the crypto market’s sharp correction are the recent warnings from Chinese regulators, the caution and increased scrutiny signaled in the SEC’s recent announcement on Bitcoin futures, and Elon Musk’s U-turn on Bitcoin acceptance. While these are the triggers, crypto markets are highly volatile: sharp corrections, sometimes by about 80%, have followed all bull runs, as we saw in 2013 and 2017…

…However, the silver lining for Bitcoin and Ethereum is that they have rebounded much stronger after every fall, as markets have shifted from highly speculative, non-functioning tokens to the proven, functioning chains of the two cryptocurrencies.”

Latest News

“Campaign to Kill Off Libor Is Boosted by Landmark Bond Sale”

Read More
“U.S. loan funds see fifth consecutive weekly inflow: Lipper”

Read More
Private Equity Wire
Expecting More: The evolving demand for ESG and impact investing | Private Equity Wire

ESG, Impact Investing, IRRs

Read More
People Management
Why businesses must seize the opportunity for cross-border recruitment

business growth, cross border clients, digital world

Read More
Institutional Real Estate inc
Dark times: Lower-grade office stock is weighing down portfolios across Europe — but offloading or improving assets is no easy task

arbitrage, Commercial Real Estate, conversion to office

Read More
Global Finance
GCC: An Oases Of Calm, For Now

GCC Banks, Global Situation, ‘Real estate’

Read More