Banco de España

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Banco de España

Bank of Spain Governor: Cryptocurrencies Pose 'More Risks Than Benefits'

Spanish central bank governor Luis Maria Linde believes cryptocurrencies are dangerous, but is open to blockchain technology.

By Sujha SundararajanMay 24, 2018

Sede del Banco de España. (Shutterstock)

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12:27 PM

OKX founder blames Ethena’s USDe for October crash, while traders hit back

Months after Oct. 10’s flash crash and liquidation cascade, a fresh spat has opened between exchange executives and market watchers over whether a leveraged yield loop, thin liquidity, or busted market plumbing did the real damage.

8:50 AM

Neutral

Binance pins crypto's worst-ever liquidation day on macro risks, not exchange failure

Binance says October 10’s crypto flash crash was driven by a macro risk-off shock, cascading liquidations and thin liquidity, while acknowledging two platform-specific issues that occurred after most losses had already hit.

7:47 AM

Negative

Silver's 35% plunge ends up beating bitcoin in a rare crypto liquidation shock

Tokenized silver futures recorded the largest liquidations across crypto markets over the past 24 hours, overtaking bitcoin and ether as a sharp pullback in metals collided with leverage-heavy trading on crypto venues.

7:29 AM

Negative

Bitcoin, ether fall as shutdown clock hits and markets brace for a messy Monday

Bitcoin fell toward $83,000 as the U.S. entered a partial shutdown, with traders leaning defensive ahead of a House vote expected Monday.

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