Cryptocurrencies

    VIDEO: So why is the crypto fear index in extreme territory?

    VIDEO: So why is the crypto fear index in extreme territory?
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      The crypto Fear and Greed index remains elevated at extreme fear levels as investors aren?t convinced that inflation is under control and the world will not fall into recession.

      Bitcoin and Ethereum are trading slightly lower over the last 24-hours as a result.

      Embattled crypto lender Celsius has repaid US$183m of its collateralised debt since July 1st to Maker, one of the largest decentralised lending platforms, which has released 2000 wrapped bitcoin worth US$40m.

      And the UK?s Financial Conduct Authority has hired a former head of the country?s intelligence unit specialising in countering terrorism and child abuse, to head up the country?s new crypto and payments unit aimed at monitoring transactions to identify and stop money laundering practices.

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