Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Irish Central Bank
Irish Central Bank Says Bitcoin Investors Should Be Prepared To “Lose All Their Money”
The unfriendly relationship between cryptocurrencies and central banks doesn't look like it's ending soon. In a recent interview with Bloomberg, the governor of the Central Bank of Ireland, Gabriel Makhlouf, warned the general public about the risks of investing in crypto assets, bitcoin in particular. Mirroring the same warnings the United Kingdom's Financial Conduct Authority made recently, Makhlouf said he supports the UK regulator, noting that those investing in Bitcoin should be "prepared to lose all their money." Although the…
4 years ago