“High bond yields are reflective of sharply higher rates but also of genuine skepticism about the long-term viability of crypto amongst institutional investors after the high profile collapses of Terra/LUNA, Celsius [Network], 3AC [Three Arrows Capital], Voyager [Digital], BlockFi and FTX,” Mike Alfred, a value investor and founder of digital assets investment platform Eaglebrook Advisors, said.
Related posts
-
Canadian Regulator Probe Determines That Liquitrade Operates an Illegal Crypto Exchange
The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform found... -
Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While... -
NFT Sales Rise 8% Higher Amid Broader Crypto Market Downturn
Over the past week, non-fungible token (NFT) sales have...