All articles tagged with #crypto investors
Crypto investors are preparing for a significant quarter with the upcoming Bitcoin halving, updates on ether ETFs, and the possibility of rate cuts. The market is expected to experience increased volatility as these events unfold, and investors are closely monitoring the developments to make informed decisions.
Four of the 10 most valuable coins plunged in value by at least 15% this week, following SEC Chair Gary Gensler's attack on the crypto industry, suing Coinbase and Binance for securities violations and casting doubt on the future of token trading. The SEC alleged that at least 13 crypto assets available to Coinbase's customers were considered "crypto asset securities." Trading app Robinhood followed by announcing that it will no longer support trading of coins from Cardano, Polygon and Solana.
As bitcoin enters the summer doldrums, crypto investors are turning their attention to inflation and Fed policy. With concerns over rising inflation and the possibility of the Fed tapering its bond-buying program, some investors are turning to bitcoin as a hedge against inflation. However, others are cautious about the potential impact of Fed policy on the cryptocurrency market.
Ether's value has been increasing in anticipation of its upcoming 'Shanghai' tech upgrade, which could have significant implications for crypto investors. Market analysis suggests that this upgrade could lead to increased adoption and usage of Ether, potentially driving up its value even further.