Diversification: While bitcoin remains the cryptocurrency pioneer, the market now boasts thousands of alternative digital assets. Investors seek exposure to a broader spectrum of cryptocurrencies, recognizing the importance of diversification in managing risk. With the recent introduction of a spot Bitcoin ETF in the US markets, investors are now looking for more diverse investments to add to their portfolios, including spot Ether (ETH), liquid-staked crypto assets like stETH, and other innovative crypto indexes.
China’s Leading Blockchain Advocate Faces Investigation
Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The...