Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral Event

Share This Post

Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral EventJustin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability and affecting network operativity. Cybercapital CIO Justin Bons Alerts About […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Uniswap (UNI) Poised For 45% Rally, On-Chain Metrics Confirm

The post Uniswap (UNI) Poised For 45% Rally, On-Chain Metrics Confirm appeared first on Coinpedia Fintech News In this bull run, the majority of top cryptocurrencies have already experienced notable

XRP Price Surge: Ripple Investors Who Bought XRP In Dip Are Cashing Out Profits And Pumping It Into WallitIQ (WLTQ) For Triple Gains

The post XRP Price Surge: Ripple Investors Who Bought XRP In Dip Are Cashing Out Profits And Pumping It Into WallitIQ (WLTQ) For Triple Gains appeared first on Coinpedia Fintech News The recent rally

NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth

Non-fungible token (NFT) sales cooled off this week, slipping 93% compared to the prior period, even as the broader cryptocurrency market climbed higher NFT Market Shifts: Ethereum and Bitcoin Sales

XRP Price Prediction: XRP Soars 24%, Buy Now or Wait for Better Entry?

The post XRP Price Prediction: XRP Soars 24%, Buy Now or Wait for Better Entry appeared first on Coinpedia Fintech News XRP is leading the crypto market pump today with a 24% gain Is it a good time

Deribit Moves $783M in Ethereum To Cold Storage: A Bullish Signal for ETH?

While Ethereum seems to have begun its own major rally, the asset has recently experienced significant activity on the Deribit Options Exchange which begs the question of what it means for

Cardano Price Rumbles On, Breaks $1 For The First Time Since 2022

The cryptocurrency market has continued to sparkle in the historically bullish month of “Moonvember,” with the market leader Bitcoin setting the pace in the space However, the Cardano price