This DeFi bailout, by a traditional high-frequency trading firm that's turned to crypto, also was a Solana story.

Results from Round 1 of the Upper Bracket in South America's DPC Regional Finals. South America was one of the…

The post Dota 2: DPC South America Regional Finals Upper Bracket Round 1 appeared first on Esports News Network | ESTNN.

Bandai Namco, a game development and publishing company, has announced its intention of creating its own metaverse to increase the engagement fans have with the brand. The strategy was announced during the reveal of its new mid-term plan, which outlines the roadmap of the company for the next three years. The company expects to spend […]

The Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this institution to include these digital accounts was made last year, but the execution of debt collection was suspended during the Covid-19 pandemic period. […]

Netflix ordered the yet-to-be-named documentary series from the creators of "Tiger King" and "FYRE" into production.

An expert has claimed that crypto is trading like risk assets and looking like growth equities, and as the traditional market is likely to continue to see high volatility over the next months, the institutional adoption of crypto is slowing down until global equity markets find stability. Crypto Institutional Adoption The institutional adoption of digital assets is believed to be key to the future maturity and consolidation of the cryptocurrency market. The landscape of cryptocurrencies will likely keep on changing as a response to the ways worldwide regulations, macro environment, and mass adoption develops in the following years. Although many important corporations have started to gradually approach digital coins like bitcoin, there might be still a long way to go for institutional money to massively enter the market. Recently,  Bloomberg reported a JPMorgan strategists’ note in which they claim that “The biggest challenge for bitcoin going forward is its volatility and the boom and bust cycles that hinder further institutional adoption.” Similarly, Alex Kuptsikevich, a senior financial analyst at FxPro, explained to Forbes that Bitcoin’s price “is determined not so much by volatility as by crowd interest. Without investor interest, it quickly goes sour, and with it, it picks up just as fast. In bitcoin’s favor is the reduced supply growth rate and its finiteness.” “We should also note that the entry of institutional investors, the increasing acceptance of bitcoin as an asset for portfolio diversification, and the increased trading turnover in cryptocurrencies make the price less volatile over time.” Related Reading | Goldman Sachs: Mainstream Adoption Won’t Boost Bitcoin Price Why Growth Stocks Can Drive Investors In In a Bloomberg Television interview with Adam Levinson, chief investment officer at Graticule Asset Management Asia, the expert noted that the current volatility of growth stocks and the traders’ fear over the Federal Reserve (FED) raising interest rates is slowing down the pace at which institutions decide to invest. Levinson claims that many traditional institutions have already decided to allocate in crypto, but the current volatility has kept them away from investing. “They don’t want their first foray into the space to be a money-losing proposition quickly.[…] Institutional allocations will wait until the global equity markets, particularly growth equities, have stabilized.” The U.S. inflation has increased significantly and consequently so did the Vix ‘fear’ index, which measures the expectation of volatility for the stock market based on S&P 500 index. High inflation numbers create more pressure for the FED to increase rate-hikes and many investors believe the traditional markets are potentially set for a big sell-off. Since bitcoin has been trading more like a stock, this directly affects the crypto market. The total capitalization has been recovering in the past week, but might see more volatility soon. As Levinson noted, “What has happened this year is that you move to an environment where the Fed is being forced to raise rates, as are other central banks, and you are seeing a change in the extremely abundant liquidity environment.” As a result, “Crypto suffered. Crypto is basically traded as a risk asset, looking like a growth equity,” he added. However, Lenson thinks that over the middle of the year there will be a situation “where crypto trades better than growth equities,” which could result in more institutional investors going forward and investing in crypto. Related Reading | Could Crypto Adoption Represent a Compliance Opportunity for Banks?

Popular crypto analyst Benjamin Cowen is outlining the best-case scenario for the decentralized oracle network Chainlink (LINK). The trader tells his 710,000 YouTube subscribers that LINK remains below its bull market support band, a technical indicator combining the 20-week simple moving average and the 21-week exponential moving average. Cowen also notes that LINK has been […]

The post Here’s the Ideal Scenario for Chainlink (LINK), According to Crypto Analyst Benjamin Cowen appeared first on The Daily Hodl.

With ransomware attacks on the rise, organizations need to upgrade their incident response processes to improve speed and precision.

IOTX was Friday’s big gainer, as crypto markets were lower across the board to end the week. Overall, the global cryptocurrency market cap is down close to 4% in today’s session. Biggest gainers Following a strong start to the week, which saw the likes of shiba inu (SHIB), and leo token (LEO) both rally by […]

Qubit and Bunny turn to DAO after they got exploited via bug out of $80 million and the exploit happened on the Ethereum BSC Bridge used $185 million as collateral to steal $80 million worth of tokens from lending pools so let’s read furhter in our latest Ethereum news. The development team behind Qubit and […]

The global adoption rate of FinTech products in 2020 was 64%, and it is only going up from there. Experts believe the FinTech market size to reach $310 billion by 2022. However, that comes as no surprise, as 64% of millennial banking customers have considered leaving their primary financial institution in the last year alone. […]

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Inflation is a nasty topic that continues to dominate headlines as we venture further into 2022. Unfortunately, it is an ongoing concern that will not solve itself as world governments turn to increase interest rates and tapering to fight the inflation blaze as investors seek a life raft. As people are growing more and more […]

The post What’s the Better Inflation Hedge: Bitcoin or Gold? appeared first on Coin Bureau.