cryptocurrencies

There are now more than 22,000 cryptocurrencies on the market, but most have small market capitalisations and unclear use cases, according to a recent Invesco report. The blockchain technology underpinning them, on the other hand, could change the infrastructure of finance.

The Syfe Investor Pulse 2022 highlights the changing structure of a retail investor’s portfolio.

Crypto markets were dealt another blow following the demise of crypto broker Voyager Digital. The company has filed for bankruptcy protection, becoming the latest domino to fall in the beleaguered digital-asset market.

If history repeats and demand returns back into Bitcoin, there is a very big chance the cryptocurrency will recover almost instantly.

In case you missed it, the second crypto meltdown is underway a month after the implosion of the Terra stable coin, sent crypto markets tumbling. This crypto sell-off has claimed another casualty, ‘The Celsius Network’.

Crypto can’t seem to catch a break, with prices plummeting yet again, as central banks including the RBA, continue hiking rates even higher.