According to Petr Kozyakov, trust in traditional finance, notwithstanding its inefficiencies, creates hesitancy among businesses and regulators regarding stablecoins. Traditional Finance Inertia Hinders Crypto Adoption Despite the early promises of blockchain technology to revolutionize global finance, cryptocurrency payments, while gaining traction, remain a small fraction of the overall market. Industry experts point to a combination […]
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Glassnode identifies concentrated Bitcoin selling amid market consolidation
Key Takeaways According to Glassnode, the market is in a phase of consolidation. Net-premium flows show concentrated selling between $109,000...