In the latest XRP news, the market has received a boost with NYSE Arca’s approval of the Teucrium 2X Long Daily XRP ETF. The stock exchange’s move is considered a step forward in integrating more crypto-based investment products into the conventional financial system. The Teucrium XRP Leveraged ETF Per the latest XRP News, NYSE Arca approved the listing and registration of Teucrium’s 2X Long Daily XRP ETF under the Securities Exchange Act of 1934. This ETF, part of the Listed Funds Trust, gives investors a leveraged way to gain exposure to XRP, the digital currency used on the XRP Ledger. It is worth noting that Teucrium received the green light from the American Security Commission in 2022 to launch a Bitcoin futures ETF. Now, the company is expanding into the XRP market to make it easier for investors to access alternative markets. This move is part of a growing trend as more traditional financial firms get involved in crypto. The launch of the leveraged XRP ETF shows that confidence in the coin’s future is picking up. In addition, crypto experts suggest that this approval signals a shift in sentiment toward risk-on products. Though regulatory challenges remain, such listings could only mean the demand for digital assets in conventional markets. Growing Push for XRP ETF By Asset Managers Aside from the Teucrium leveraged product approval, other major asset managers are also pushing for spot XRP ETF approvals. In an earlier update, Franklin Templeton filed S-1 registration statement with the SEC for a potential XRP ETF. This follows its applications for Bitcoin and Solana ETFs. The move shows a serious interest in expanding crypto services to traditional investors. Furthermore, speculation has also grown around BlackRock, especially after Ripple CEO Brad Garlinghouse commented that an XRP ETF makes sense for the community. Though no official partnership has been confirmed, many in the crypto space expect more applications in the months ahead. This is even more likely with the Ripple and SEC lawsuit closure, paving the way for more interest. XRP Futures in the Spotlight Furthermore, the XRP futures product is gaining traction in the broader market. As reported earlier, Coinbase Institutional has filed with the CFTC to self-certify XRP futures contracts via its derivatives arm. The contracts are set to launch on April 21, 2025. This filing process allows for a quicker path to market. Meanwhile, Bitnomial, a digital asset derivatives exchange, has launched CFTC-regulated XRP futures in the U.S. This move comes after the SEC closed its appeal against Ripple, clearing regulatory hurdles. Many experts believe the development marks another step in bringing XRP into mainstream, regulated markets. The post XRP News: NYSE Arca Approves Listing of Teucrium’s 2X Long Daily XRP ETF appeared first on CoinGape .
Are you curious about the latest buzz in the crypto world, especially in South Korea? A fascinating new survey has just dropped, offering a peek into the minds of South Korean crypto investors and their views on everything from Bitcoin’s next move to the Bank of Korea’s (BOK) ambitious central bank digital currency (CBDC) pilot program. Let’s dive into the intriguing details of this survey and uncover what it reveals about the crypto landscape in the Land of Kimchi. South Korean Crypto Investors Bullish on Bitcoin Price Prediction The survey, conducted by Bitcoin World and Cratos from April 1st to 4th, polled 2,000 individuals to gauge the weekly trends among Korean cryptocurrency investors. One of the key takeaways is the increasing optimism surrounding Bitcoin’s (BTC) price. A significant 35.1% of respondents believe Bitcoin’s value is poised to increase or even skyrocket this week. This is a notable jump from the previous week’s 21.4%, indicating a growing bullish sentiment. Here’s a quick breakdown of the Bitcoin price predictions from the survey: Bullish Outlook: 35.1% expect Bitcoin’s value to increase or significantly jump. Stable Market: 39.1% predict the market will remain stable. Bearish Outlook: 25.9% anticipate a decline or sharp drop in Bitcoin’s value. Interestingly, while bullish predictions are up, so are expectations for market stability. 39.1% foresee a stable market, up from 38.2% the previous week. On the flip side, those expecting a downturn have decreased significantly, from 40.4% to 25.9%. This shift suggests a potentially cooling down of bearish sentiment and a move towards a more stable or upward-trending outlook for Bitcoin among South Korean crypto investors . Decoding Crypto Market Sentiment in South Korea Beyond Bitcoin’s price, the survey also delved into the overall crypto market sentiment among South Korean investors. Understanding market sentiment is crucial as it reflects the general attitude of investors towards the market, influencing their investment decisions. The survey reveals a somewhat neutral stance prevailing, but with interesting undercurrents. The sentiment breakdown looks like this: Neutral Sentiment: A plurality, 45.1% of participants, expressed a neutral feeling towards the crypto market. Optimistic Sentiment: 24.4% are feeling optimistic or extremely optimistic about the market’s direction. Fearful Sentiment: 30.5% indicated feelings of fear or extreme fear, still a significant portion, but less than those with neutral sentiment. While neutrality dominates, it’s noteworthy that the combined optimistic segment (24.4%) is catching up to the fearful segment (30.5%). This could signal a potential shift towards a more positive crypto market sentiment in the near future. However, the significant portion still experiencing fear highlights the inherent volatility and uncertainty that continues to be associated with the cryptocurrency market. Overwhelming Support for CBDC Pilot Program Perhaps the most striking finding from the survey is the strong support for the Bank of Korea’s CBDC pilot program. This initiative involves 100,000 citizens using the digital currency for everyday transactions, a significant step towards real-world digital currency adoption . The survey results indicate that a clear majority of South Korean crypto investors are on board with this move. Here’s the breakdown of opinions on the CBDC pilot: Sentiment Percentage Support 60% Oppose 29.1% Indifferent 10.9% A resounding 60% of respondents expressed their support for the CBDC pilot , citing the inevitability of digital currencies in today’s evolving financial landscape. This overwhelming support underscores a general acceptance and perhaps even anticipation of digital currency adoption within South Korea. It suggests that a significant portion of the crypto-savvy population sees CBDCs not as a threat, but as a natural progression in the world of finance. Privacy Concerns Remain a Key Challenge for CBDC Adoption Despite the strong overall support, concerns about privacy are still prevalent. A significant 29.1% of respondents opposed the CBDC pilot due to privacy concerns. This highlights a critical challenge for central banks globally as they explore and implement CBDCs. Balancing the benefits of a digital currency with the need to protect user privacy is paramount for successful digital currency adoption . These privacy concerns are not unfounded. CBDCs, by their nature, involve centralized control and potentially greater traceability of transactions compared to decentralized cryptocurrencies like Bitcoin. Addressing these concerns through robust privacy-preserving technologies and transparent regulatory frameworks will be crucial to fostering wider acceptance and trust in CBDCs. The Future of Digital Currency Adoption in South Korea The survey provides valuable insights into the mindset of South Korean crypto investors . Their growing optimism regarding Bitcoin, coupled with strong support for the CBDC pilot , paints a picture of a nation embracing the future of finance. South Korea, already a tech-forward country, appears ready to play a leading role in the global shift towards digital currency adoption . While privacy concerns surrounding CBDCs remain a hurdle, the overwhelming support for the pilot program suggests that with careful consideration and implementation, these concerns can be mitigated. The success of the BOK’s pilot could serve as a blueprint for other nations considering their own CBDC initiatives, further accelerating the global transition towards a more digital financial ecosystem. In conclusion, this survey from Bitcoin World and Cratos offers a fascinating snapshot of the South Korean crypto landscape. It reveals a community that is increasingly bullish on Bitcoin, cautiously optimistic about the broader market, and overwhelmingly supportive of exploring the potential of CBDCs. As South Korea continues to experiment with and potentially adopt digital currencies, the world will be watching closely, learning valuable lessons about the opportunities and challenges that lie ahead in this exciting new era of finance. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
Zettai Pte Ltd., the Singapore-based parent company of WazirX, a prominent Indian cryptocurrency exchange, has announced that its proposed Scheme of Arrangement has received overwhelming support from creditors in the recently concluded voting process. The vote for the proposed restructuring of WazirX was filed in the High Court of Singapore, and it included all the creditors with crypto balances on the WazirX platform. The voting went down on the Kroll Issuer Services platform from March 19 to March 28. WazirX’s restructures to repay its creditors. Source: Nischal Shetty There was strong approval across the board About 141,476 Scheme Creditors representing USD 195,650,529.03 in Approved Claims were involved in the voting process. “Of Scheme Creditors who voted, 131,659 Scheme Creditors representing USD184,997,156.31 in Approved Claims cast a Scheme Vote ‘FOR’ the Scheme. This represents 93.1% by count and 94.6% by value of voting Scheme Creditors in support of the Scheme,” WazirX revealed in its press release. The overwhelming support reportedly exceeds the statutory voting threshold requirement under Section 210 (3AB) of the Companies Act, which requires that at least a majority by count and at least 75% of the total value of claims from creditors present and voting must approve the Scheme. It was also noted that the approval rate stayed stable between 92% and 95% across all creditor segments, meaning it did not matter how large or small their respective claims were. Nischal Shetty, the founder of WazirX, expressed gratitude for the “strong vote of confidence,” while claiming the consistent support across their entire base is proof of the shared belief in the restructuring approach and recovery plan. “The people have spoken. We will work hard on rebuilding and creating value for everyone[.] 93.1% of voting creditors, representing 94.6% in value, have voted YES to the Scheme of Arrangement. This strong support marks an important milestone in the recovery process and reflects a shared belief in the proposed restructuring plan,” Shetty wrote on X on April 7. The votes were reportedly submitted for verification by an Independent Assessor in the name of Joshua Taylor and Henry Anthony Chambers of Alvarez & Marsal. Sherry said this was done to ensure total transparency and accuracy in the voting process. After thoroughly scrutinizing everything, the Independent Assessor submitted an official verification report to Zettai and the Scheme Manager to confirm the voting results and outcome (the “Vote Report”). The Vote Report will be made available to all Scheme Creditors soon and will also come alongside instructions on how the Updated List of Creditors, which will eventually present the voting results on an anonymized, per-creditor basis, can be viewed. WazirX restructures after crippling hack The restructuring is happening after WazirX’s multi-signature wallet managed with Liminal was targeted by hackers who got away with more than $230 million. Joint statement from the United States, Japan, and South Korea addressing the alarming cyberattacks by DPRK cyber actors, including the WazirX hack. This is a critical moment. We urge swift international action and support to recover the stolen assets. Rest assured, we will… pic.twitter.com/J6brxEfzty — Nischal (Shardeum) 🔼 (@NischalShetty) January 14, 2025 The attack was later linked to North Korean hackers. In response, WazirX locked up customers’ crypto funds and moved for legal action and restructuring in Singapore. For months since then, WazirX investors have been patiently waiting to see when they will regain access to their funds. The company’s restructuring plan was one of the proposals that potentially would allow the exchange to resume operations. Now that the voting results have been verified, the next agenda is the sanction by the Singapore Court. It’s been announced that Zettai will soon file an application with the Singapore Court for the sanction of the creditor-approved scheme. If the filing is accepted by the Singapore Court, Zettai will then issue an update to all Scheme Creditors complete with a copy of the legal filings. Subject to the Court’s sanction and the effectiveness of the Scheme, within 10 business days of the Scheme becoming legally effective, the First Distribution is scheduled to begin. The resumption of withdrawals and trading will reportedly occur in phases to ensure compliance with regulatory guidelines. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
The cryptocurrency market experienced a sharp sell-off today, but analysts say the decline is more related to global economic uncertainty than problems within the crypto sector itself. Dr. Kirill Kretov, a senior automation expert at CoinPanel, cited a combination of macroeconomic tensions as the primary driver behind the recent decline. “We are in a period of escalating tariff conflicts, increasing geopolitical hot spots, conflicting macro signals, and increasing global uncertainty,” Kretov said. “These factors are converging. In this environment, investors are withdrawing from risky assets and turning to safer assets such as US Treasuries and gold. Cryptocurrencies, especially altcoins, are bearing the brunt of this pressure.” Related News: Stern Warnings from Wall Street CEOs About the US Economy Keep Coming: Now JPMorgan CEO Warns Despite the pullback, some analysts believe a short-term recovery could be on the horizon. Oversold market conditions could lead to a temporary recovery starting midweek, according to Chu, an analyst at BRN. “Since risk assets are oversold in the short term, a short-term relief could be seen in the next day or two,” Chu said. “With the release of the FOMC meeting minutes on Wednesday, the US CPI and initial jobless claims on Thursday, and the PPI and University of Michigan consumer sentiment data on Friday, the market could see a ‘dead cat bounce’ that will last at least a few weeks and could start on Wednesday.” *This is not investment advice. Continue Reading: When Will Bitcoin and Altcoins Recover? Analyst Gives Date for Relief: “Dead Cat Bounce…”
Urgent news is breaking in the crypto world! If you’re invested in cryptocurrencies or closely follow regulatory developments, pay close attention. U.S. federal agencies are facing a critical deadline – tomorrow, April 8th – to report their crypto holdings to the U.S. Treasury. This crucial development, initially expected on April 5th, comes directly from a White House official, as shared by Crypto in America host Eleanor Terrett on X (formerly Twitter). Why is Federal Agencies Crypto Holdings Reporting Important? This isn’t just another bureaucratic exercise. This mandate stems from a significant Executive Order, signaling a growing focus on crypto regulation US . Imagine the U.S. government, with its vast network of agencies, holding digital assets. Understanding the scale and nature of these holdings is vital for several reasons: Transparency and Oversight: Knowing which agencies hold what crypto assets and in what quantity brings much-needed transparency to government finances in the digital age. It allows for better oversight and accountability. Regulatory Framework Development: This reporting is a foundational step towards crafting informed and effective crypto regulation US . Policymakers need to understand the landscape of crypto assets within the government itself to create sensible rules for the broader market. National Security Implications: Cryptocurrencies, while offering innovation, also present potential risks related to illicit finance. Understanding federal crypto holdings reporting helps assess and mitigate any national security risks associated with these assets within government entities. Economic Stability: As crypto becomes more intertwined with the global financial system, monitoring government holdings can provide insights into potential impacts on market stability and broader economic trends. What We Know About the Crypto Holdings Reporting Deadline According to Eleanor Terrett’s report, citing a White House official, the deadline for agencies to submit their crypto holdings reporting is indeed April 8th. However, there’s a key detail to note: the Executive Order mandates agencies to report to Treasury Secretary Scott Bessent, but it doesn’t currently require making this information public. This means the specifics of which agencies hold what cryptocurrencies, and the amounts, might remain confidential – at least for now. Let’s break down what we know: Deadline: April 8th (Tomorrow!) Recipient: U.S. Treasury Secretary Scott Bessent Information: Federal agencies’ crypto holdings Public Disclosure: Not currently mandated by the Executive Order Source: White House official, reported by Eleanor Terrett Federal Agencies Crypto Holdings: What Could They Be Holding? This raises an intriguing question: what kind of crypto assets might federal agencies be holding? While the exact details will remain under wraps for now, we can speculate on potential sources and types: Potential Source of Crypto Holdings Possible Crypto Assets Law Enforcement Seizures: Agencies like the FBI, DEA, and Homeland Security often seize cryptocurrencies in criminal investigations and prosecutions. Bitcoin (BTC), Ethereum (ETH), Monero (XMR), and various other cryptocurrencies and tokens associated with illicit activities. Investments and Pilot Programs: Some agencies might be exploring blockchain technology or holding small amounts of crypto for research and development purposes related to digital currencies. Potentially major cryptocurrencies like Bitcoin and Ethereum, or stablecoins for testing payment systems, and possibly CBDCs in pilot programs. Operational Funds: In rare cases, agencies might hold crypto for operational purposes, particularly those involved in international operations or dealing with entities in the crypto space. Likely established cryptocurrencies with high liquidity like Bitcoin or stablecoins for ease of transactions. Challenges in Crypto Asset Transparency and Reporting Crypto asset transparency , especially for large organizations like federal agencies, presents unique challenges. Unlike traditional assets, cryptocurrencies operate on decentralized and often pseudonymous blockchains. Here are some potential hurdles in crypto holdings reporting : Decentralized Nature: Tracking and consolidating crypto holdings across various wallets and blockchains can be technically complex and require specialized tools. Custody and Security: Securely managing and reporting on crypto assets requires robust custody solutions and protocols to prevent loss or theft. Valuation Volatility: The fluctuating value of cryptocurrencies makes reporting and accounting more complex compared to stable fiat currencies. Agencies need to establish clear valuation methods. Data Privacy Concerns: Balancing transparency with privacy, especially when dealing with seized assets or operational funds, requires careful consideration of data protection regulations. Evolving Regulatory Landscape: The rules around crypto accounting and reporting are still evolving, making it challenging for agencies to ensure compliance with the latest guidelines. What’s Next After the Crypto Holdings Reporting Deadline? While the immediate deadline is April 8th, the bigger picture is about the ongoing evolution of crypto regulation US . This reporting exercise is likely a crucial step in shaping future policy. Here’s what we can anticipate: Treasury Analysis: The Treasury Department will likely analyze the reported data to gain a comprehensive understanding of federal agencies’ crypto exposure. Policy Recommendations: Based on the findings, the Treasury might develop policy recommendations for further regulation, oversight, and management of crypto assets within the government and potentially for the broader crypto industry. Potential Public Disclosure (Future): While not mandated now, public disclosure of some aggregated data on federal crypto holdings reporting could be considered in the future to enhance transparency and public trust. Further Regulatory Actions: This reporting could inform broader regulatory actions related to digital assets, potentially influencing legislation and agency rules concerning cryptocurrencies. Actionable Insights for Crypto Enthusiasts and Stakeholders What does this mean for you as a crypto enthusiast, investor, or industry participant? Stay Informed: Keep following developments around crypto regulation US and government policies. This reporting deadline is a clear indicator of increasing regulatory scrutiny and interest. Transparency Matters: This move towards transparency in government crypto holdings reinforces the broader need for transparency within the crypto industry itself. Projects and platforms that prioritize transparency are likely to build more trust and long-term sustainability. Regulatory Compliance is Key: For businesses operating in the crypto space, this news underscores the importance of proactive regulatory compliance. Anticipate increasing regulatory requirements and prepare accordingly. Watch for Future Disclosures: While the current report is not public, keep an eye out for any future announcements or leaks regarding the findings. This information could provide valuable insights into the government’s approach to crypto. Conclusion: A Pivotal Moment for Crypto Regulation The April 8th deadline for federal agencies to report their crypto holdings reporting marks a pivotal moment in the ongoing saga of crypto regulation US . While the immediate details may remain confidential, the very act of requiring this reporting signals a significant shift towards greater oversight and understanding of digital assets within the U.S. government. This is a development that crypto enthusiasts, investors, and industry players should watch closely, as it will undoubtedly shape the future landscape of cryptocurrency in America. The urgent need for clarity and regulation in the crypto space is becoming increasingly apparent, and this deadline is a concrete step in that direction. To learn more about the latest crypto regulation trends, explore our article on key developments shaping crypto regulatory landscape.
Bitcoin is currently nearing its deepest correction of the current market cycle, raising questions about its resilience amidst ongoing volatility. As the cryptocurrency grapples with a 26.62% decline from its
Bitcoin’s ( BTC ) 26.62% decline from its $109,500 all-time high is en route to becoming the deepest drawdown of the current bull market cycle, according to CryptoQuant head of research, Julio Moreno. Bitcoin price drawdown analysis. Source: X Bitcoin has experienced significant drawdowns in past cycles, with a notable 83% drop from its peak in 2018 and a 73% correction from all-time highs (ATH) in 2022. In comparison, the current decline of 26.62%, while substantial, remains less severe than previous bear markets. This suggests that even though the current downturn is impactful, it has not yet reached the intensity of previous cycles. However, crypto and macro resource ‘ecoinometrics’ said that Bitcoin might struggle to stage an immediate turnaround. The analysts explained, “Historically, when the NASDAQ 100 falls below its long-term year-on-year average return, Bitcoin tends to grow more slowly. It also faces a higher risk of entering a severe correction.” Bitcoin and Nasdaq correlation. Source: X / Ecoinometrics With the Nasdaq 100 currently flat year-on-year, Bitcoin’s price recovery might be difficult, even if the correction halts. The recent Bitcoin ( BTC ) price drop also put Michael Saylor’s Strategy on the defensive, with the firm opting not to purchase any BTC for its treasury between March 31 and April 6. Additionally, data from Strategytracker highlighted that the corporation spent $35.65 billion on its Bitcoin holdings, currently reflecting a mere 17% return on a five-year holding period. Related: Michael Saylor’s Strategy halts Bitcoin buys despite dip below $87K Can Bitcoin hold a position above $70K? On the weekly chart, Bitcoin tested the 50-weekly exponential moving average (blue indicator) for the first time since September 2024. A weekly close below the 50-W EMA has signaled the beginning of a bear market in previous market cycles. Bitcoin weekly chart. Source: Cointelegraph/TradingView The immediate point of interest below the current price remains at $74,000, which was the early 2024 all-time high. However, the daily demand zone between $65,000 and $69,000 could be a bigger liquidity level based on its significance. The $69,000 level is also the 2021 all-time high price. Additionally, Bitcoin’s weekly relative strength index, RSI, reached its lowest value of 43 since January 2023 at the end of Q1. In August 2023 and September 2024, the RSI recovered from a similar value to trigger a price recovery for Bitcoin. In 2022, when RSI dropped below 40, bears took total control of the market. Anonymous crypto trader Rekt Capital also predicted based on daily RSI value and said, “Historical daily RSI trends in this cycle suggest anything from current prices to ~$70,000 is likely to be the bottom on this correction.” Related: Bitcoin, stocks crumble after ‘90 day tariff pause’ deemed fake news — BTC whales keep accumulating This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
As Wall Street is flashing red, JPMorgan CEO Jamie Dimon warns soaring inflation, spiraling tariffs, and shaken confidence signal a recession that could upend global markets. JPMorgan’s CEO Flags Recession Threat With Inflation Roaring and a Market Meltdown Near Jamie Dimon, the top executive at JPMorgan Chase, raised alarm Monday in his annual letter to
Buckle up, crypto enthusiasts! The crypto market is sending chills down investors’ spines as the well-known Crypto Fear & Greed Index has taken a significant nosedive. Just yesterday, things were merely ‘fearful,’ but today, the index has plunged 11 points, landing us squarely in the dreaded ‘Extreme Fear’ zone. What does this sudden shift in crypto market sentiment mean for your portfolio, and should you be hitting the panic button? Decoding the Crypto Fear & Greed Index: What’s Behind the Numbers? Think of the Crypto Fear & Greed Index as a compass for the often turbulent crypto seas. It’s calculated daily by Alternative.me and gives us a score from 0 to 100. A score of 0 screams ‘Extreme Fear,’ suggesting investors are overly worried and potentially selling off their assets. On the flip side, a score of 100 signals ‘Extreme Greed,’ indicating a market that might be overheated and due for a correction. Currently, we’re staring at a score of 23, a stark drop from yesterday’s 34, pushing us deeper into ‘Extreme Fear’ territory. What Factors Drive the Fear & Greed Index? This isn’t just some arbitrary number pulled out of thin air. The Crypto Fear & Greed Index is a composite of several key market indicators, giving a holistic view of market sentiment. Let’s break down what’s under the hood: Volatility (25%): Measures the rapid and unpredictable price swings in the crypto market. High volatility often fuels fear. Market Momentum/Volume (25%): Examines trading volume and market momentum compared to recent averages. Weakening momentum can indicate a shift towards fear. Social Media (15%): Analyzes sentiment on social media platforms to gauge the overall mood of crypto conversations. Negative sentiment contributes to fear. Surveys (15%): While less frequent now, surveys used to directly gauge investor sentiment. Bitcoin Dominance (10%): Tracks Bitcoin’s share of the total crypto market cap. A rising Bitcoin dominance can sometimes suggest fear as investors flock to the perceived safety of Bitcoin. Google Trends (10%): Analyzes Google search trends for crypto-related terms. A surge in fear-related search terms can indicate increased market anxiety. Why is ‘Extreme Fear’ Gripping the Crypto Market Now? The million-dollar question is, what’s causing this sudden surge in market volatility and fear? While pinpointing exact causes in the crypto world can be tricky, several factors could be at play: Macroeconomic Uncertainty: Global economic headwinds, including inflation concerns, rising interest rates, and geopolitical tensions, are casting a shadow over all markets, including crypto. Regulatory Scrutiny: Increased regulatory attention and potential clampdowns in various countries can trigger fear and uncertainty among investors. Market Corrections: After periods of bullish runs, markets often experience corrections. These pullbacks, while healthy in the long run, can induce fear, especially among newer investors. Negative News Flow: Bad news, whether it’s exchange hacks, project failures, or negative pronouncements from influential figures, can quickly dampen crypto market sentiment . Navigating the ‘Extreme Fear’ Zone: What Should Crypto Investors Do? Seeing the Crypto Fear & Greed Index in ‘Extreme Fear’ can be unsettling, but it’s crucial to keep a level head. Here’s a breakdown of how to approach this phase: Action Description Don’t Panic Sell: Emotional decisions are rarely good ones in investing. ‘Extreme Fear’ can present buying opportunities for long-term investors. Review Your Portfolio: Assess your risk tolerance and portfolio allocation. Is your portfolio positioned for potential downturns? Do Your Research (DYOR): Understand the projects you’ve invested in. Are their fundamentals still strong? Consider Dollar-Cost Averaging (DCA): Instead of trying to time the market bottom, DCA involves investing a fixed amount at regular intervals, smoothing out volatility. Stay Informed: Keep up-to-date with market news and analysis, but be discerning about your sources. Is ‘Extreme Fear’ a Buying Opportunity? The Contrarian View Seasoned investors often see ‘Extreme Fear’ as a potential buying signal. The logic is simple: when everyone else is panicking and selling, asset prices are often undervalued. This contrarian approach suggests that periods of extreme fear can be opportune times to accumulate assets at lower prices, positioning yourself for potential future gains. However, it’s crucial to remember that ‘Extreme Fear’ can also precede further market declines, so due diligence and risk management are paramount. Final Thoughts: Riding the Crypto Rollercoaster The crypto market is known for its volatility, and the shift to ‘Extreme Fear’ on the Crypto Fear & Greed Index is a stark reminder of this. While unsettling, these periods are part and parcel of the crypto journey. By understanding market sentiment indicators like the Fear & Greed Index, staying informed, and sticking to a well-thought-out investment strategy, you can navigate these turbulent times and potentially capitalize on opportunities that arise during periods of market Extreme Fear zone . To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
Larry Fink discusses potential market declines and buying opportunities. He warns about Bitcoin’s impact on the U.S. Continue Reading: BlackRock’s CEO Larry Fink Shares Insights on Market Declines and Future Risks The post BlackRock’s CEO Larry Fink Shares Insights on Market Declines and Future Risks appeared first on COINTURK NEWS .