News list for " chaparro"
Frank Chaparro, director of special projects at The Block, expressed a market opinion that with the launch of spot bitcoin ETFs, traditional market forces are dominating the price movement of cryptocurrencies. After the release of US employment data on January 12, the crypto market and the Nasdaq index showed a high degree of linkage, highlighting the profound impact of the macro economy on the market. Flowdesk analyst Greg Guttas pointed out that the ETF trading time limit (6.5 hours per day) i...
If 2020 was the summer of DeFi, 2024 will be the summer of Bitcoin, writes Frank Chaparro, director of special projects at The Block, and Laura Vidiella of MNNC Group. Bitcoin's dominance has risen 10 per cent since the start of the year, reaching 59 per cent on August 5 - a three-year high. Meanwhile, DeFi's dominance has fallen sharply, recently hitting its lowest level in three years. The article notes that this does not necessarily mean the "death" of DeFi. In July,...
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