India Fast-Tracks Stock Settlements to Deter Crypto Shift
Since 2021, all stock transactions on the Indian stock market have been closed the day after, according to a T+1 settlement cycle. India is poised to implement an expedited trade settlement mechanism for its stock market shortly, with the aim of enhancing competitiveness in the face of an increasing affinity among investors towards cryptocurrency exchanges. […]
Mirroring Stocks and Indices: The Rise of Synthetic Equities in DeFi
Decentralized finance (DeFi) is witnessing a groundbreaking development with the emergence of synthetic equities. This approach enables the replication of conventional stocks and indices on blockchain platforms. This article delves into the rise of these innovative financial instruments, examining their evolution, mechanisms, and impact on accessibility, continuous market access, advanced trading strategies, and liquidity in […]
Will Bitcoin’s Correlation with stocks separate after hitting 2 month low?
Bitcoin’s most recent gain caused it to diverge even farther from the stock market. While global markets continued to fall on news that the US might impose a ban on Russian energy, the world’s largest cryptocurrency rose more than 6% to surpass $41,000. Bitcoin surpassed stocks last month Despite falling in line with equities in […]
Crypto Markets Bleed Out Over Ukraine-Russia War
The Russia-Ukraine war has resulted in the loss of about $200 Billion by crypto markets according to Market Watch. Following the intensified conflict between Russia and Ukraine , Bitcoin nosedived again on February 23rd, resulting in a low of nearly $34k. Bitcoin wasn’t the only coin to suffer from this drop; the majority of altcoins […]
Bitcoin drops below $35,000 for the first time since August
As the global market selloff spreads, cryptocurrencies were not left out as Bitcoin and other altcoins have also had their fair share of the market’s downtime. On Saturday, bitcoin values hit levels not seen since August, as a selloff in risky assets spread to cryptocurrencies. Bitcoin has already lost more than half of its value […]