Tether (USDT) promises stability as the largest stablecoin in the crypto market. For behind the cryptocurrency is the promise that every single tether unit USDT is worth exactly one US dollar. If there is turbulence with Bitcoin and Co., this should always provide an opportunity to get its nest dry. But what happens when Tether … Read more
With the collapse of UST stablecoin, the authorities have once again looked at the crypto industry. In general, there is a need for better regulation of the digital financial sector. Both the Federal Financial Supervisory Authority (BaFin) and the G7 have commented on the subject. The events surrounding the collapse of the Terra ecosystem have … Read more
In PGIM’s latest Megatrends paper, “Cryptocurrency Investing: Powerful Diversifier or Portfolio Kryptonite?”, Numerous investment experts from PGIM’s Fixed Income, Equity, Real Estate, Private Debt and Alternatives companies analyze the most common arguments for investing in cryptocurrencies. They conclude that direct investment in cryptocurrencies provides institutional investors with few benefits, but entails high volatility and high … Read more
News about cryptocurrency, blockchain technology and finance is becoming increasingly important in reporting. What next for central banks’ digital currencies worldwide? How do banks and other companies operate in the crypto space? It’s getting harder and harder to keep track of things. But no worries! We from “Bitcoin, Fiat & Rock’n’Roll” take care of that … Read more
The current cryptocurrency, mainly due to the flawed structure of a so-called “stablecoin”, illustrates just one of the many reasons why cryptocurrencies are a poor choice for long-term investors. This is the opinion of PGIM, the global investment manager for the insurance conglomerate Prudential, Inc. (NYSE 🙂 (LON 🙂 with more than $ 1.4 trillion … Read more
Margarethe Honisch, the author.Margarethe Honisch In a good week now, cryptocurrency prices have known only one direction: down. One of the reasons for this is the crash of Terra Network stablecoin UST. Our columnist started investing in crypto early on, but only a little and only as “play money”. Now she has bought Ethereum with … Read more
Finance Forward Conference Sam Bankman Fried Cryptolobbyists Sam Bankman-Fried (30) presented his company FTX at the Finance Forward Conference in Hamburg and gave a look at the crypto market © Getty Images May 18, 2022 at 18.29 2 min reading time Sam Bankman-Fried is considered a phenomenon on the crypto scene. After just three years, … Read more
Last month, cultural critic Alison P. Davis published in The cut an article titled “A Vibe Shift is on its way. Will any of us survive it?”. In German, this title means something along the lines of “We are facing a change of mood. Will we survive this?”. This “mood shift” Davis is talking about … Read more
Thomas Joos Scammers raise millions of dollars through so-called crypto-scams. With many investors investing in cryptocurrencies without worrying about security, online scammers are having an easy time. How to protect yourself. Enlarge Cryptocurrencies are a popular target for scammers © AlyoshinE / Shutterstock.com Inexperienced investors who are promised big profits are easy targets for crypto … Read more
Just as bad as the loss in value of cryptocurrencies is for investors in the current market environment, it is worse when the wallet is suddenly gone. Duty-free warehouses have recently also promised protection against this. It is estimated that about 20 percent of all existing Bitcoin has been completely lost so far. The reasons … Read more
