What the August 2024 crypto crash revealed about global systemic risk Crypto markets sold off sharply in August 2024 in response to global macro dislocation caused by Japan’s fiscal crisis, underscoring their sensitivity to liquidity shocks and systemic risk. In the first week of August 2024, Bitcoin (BTC) plummeted nearly 17% from its all-time high…
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Explore the risks and rewards of Bitcoin on corporate balance sheets. Is it a strategic hedge or a volatile investment? Source link
Uncover the step-by-step process for moving fiat from the Revolut banking app into the Revolut X application and trading cryptocurrencies. Source link
FTX collapse: Unraveling the cryptocurrency crisis of November 2022 In November 2022, the cryptocurrency world was rocked by the collapse of FTX, one of the largest cryptocurrency exchanges. The collapse was triggered by a liquidity crisis at FTX, which was caused by a combination of factors, including mismanagement of customer funds and risky trading practices…
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Typically there are macroeconomic factors that a country is looking to manage through the adoption of a currency as legal tender. In order to make Bitcoin legal tender, these factors should coincide with visionary leadership. Despite that, central banks are getting into digital currencies. There are countries with more fundamental problems that just a digital…
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