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  • bitcoinBitcoin (BTC) $ 50,935.00
  • ethereumEthereum (ETH) $ 2,922.04
  • tetherTether (USDT) $ 0.999130
  • bnbBNB (BNB) $ 377.25
  • solanaSolana (SOL) $ 101.63
  • xrpXRP (XRP) $ 0.532338
  • staked-etherLido Staked Ether (STETH) $ 2,921.20
  • usd-coinUSDC (USDC) $ 0.999044
  • cardanoCardano (ADA) $ 0.579453
  • avalanche-2Avalanche (AVAX) $ 36.25
  • tronTRON (TRX) $ 0.138416
  • dogecoinDogecoin (DOGE) $ 0.083198
  • chainlinkChainlink (LINK) $ 17.80
  • polkadotPolkadot (DOT) $ 7.30
  • matic-networkPolygon (MATIC) $ 0.965759
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 50,886.00
  • the-open-networkToncoin (TON) $ 2.07
  • internet-computerInternet Computer (ICP) $ 12.43
  • shiba-inuShiba Inu (SHIB) $ 0.000009
  • uniswapUniswap (UNI) $ 7.07
  • bitcoin-cashBitcoin Cash (BCH) $ 260.68
  • litecoinLitecoin (LTC) $ 67.98
  • daiDai (DAI) $ 0.999362
  • immutable-xImmutable (IMX) $ 3.14
  • filecoinFilecoin (FIL) $ 8.10
  • hedera-hashgraphHedera (HBAR) $ 0.112159
  • leo-tokenLEO Token (LEO) $ 4.09
  • cosmosCosmos Hub (ATOM) $ 9.74
  • kaspaKaspa (KAS) $ 0.165345
  • blockstackStacks (STX) $ 2.57
  • ethereum-classicEthereum Classic (ETC) $ 25.42
  • bittensorBittensor (TAO) $ 580.31
  • optimismOptimism (OP) $ 3.62
  • aptosAptos (APT) $ 9.07
  • nearNEAR Protocol (NEAR) $ 3.17
  • stellarStellar (XLM) $ 0.114071
  • vechainVeChain (VET) $ 0.044704
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • okbOKB (OKB) $ 50.65
  • injective-protocolInjective (INJ) $ 33.75
  • render-tokenRender (RNDR) $ 7.52
  • celestiaCelestia (TIA) $ 16.20
  • lido-daoLido DAO (LDO) $ 2.94
  • the-graphThe Graph (GRT) $ 0.270313
  • mantleMantle (MNT) $ 0.773499
  • crypto-com-chainCronos (CRO) $ 0.091188
  • arbitrumArbitrum (ARB) $ 1.77
  • moneroMonero (XMR) $ 120.56
  • sei-networkSei (SEI) $ 0.811196
  • suiSui (SUI) $ 1.67
  • makerMaker (MKR) $ 1,996.14
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,211.97
  • beam-2Beam (BEAM) $ 0.034212
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,981.49
  • elrond-erd-2MultiversX (EGLD) $ 56.29
  • thorchainTHORChain (RUNE) $ 4.98
  • starknetStarknet (STRK) $ 2.03
  • algorandAlgorand (ALGO) $ 0.184150
  • quant-networkQuant (QNT) $ 101.47
  • bitcoin-svBitcoin SV (BSV) $ 74.47
  • bitget-tokenBitget Token (BGB) $ 1.01
  • flowFlow (FLOW) $ 0.937000
  • flare-networksFlare (FLR) $ 0.038275
  • aaveAave (AAVE) $ 90.02
  • mina-protocolMina Protocol (MINA) $ 1.25
  • ordinalsORDI (ORDI) $ 61.19
  • true-usdTrueUSD (TUSD) $ 0.977841
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.50
  • heliumHelium (HNT) $ 8.51
  • dydx-chaindYdX (DYDX) $ 2.87
  • theta-tokenTheta Network (THETA) $ 1.20
  • havvenSynthetix Network (SNX) $ 3.42
  • chilizChiliz (CHZ) $ 0.126173
  • fetch-aiFetch.ai (FET) $ 1.08
  • fantomFantom (FTM) $ 0.394045
  • siacoinSiacoin (SC) $ 0.019843
  • the-sandboxThe Sandbox (SAND) $ 0.489116
  • worldcoin-wldWorldcoin (WLD) $ 8.07
  • kucoin-sharesKuCoin (KCS) $ 10.70
  • axie-infinityAxie Infinity (AXS) $ 7.68
  • bittorrentBitTorrent (BTT) $ 0.000001
  • dymensionDymension (DYM) $ 7.04
  • whitebitWhiteBIT Coin (WBT) $ 6.98
  • cheeleeCheelee (CHEEL) $ 18.44
  • tezosTezos (XTZ) $ 1.09
  • apecoinApeCoin (APE) $ 1.63
  • osmosisOsmosis (OSMO) $ 1.52
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000046
  • blurBlur (BLUR) $ 0.675757
  • galaGALA (GALA) $ 0.028219
  • frax-etherFrax Ether (FRXETH) $ 2,913.63
  • akash-networkAkash Network (AKT) $ 3.92
  • astarAstar (ASTR) $ 0.158977
  • roninRonin (RON) $ 2.96
  • decentralandDecentraland (MANA) $ 0.476540
  • arweaveArweave (AR) $ 13.39
  • singularitynetSingularityNET (AGIX) $ 0.696265
  • eosEOS (EOS) $ 0.764397
  • conflux-tokenConflux (CFX) $ 0.231569
  • neoNEO (NEO) $ 12.30
  • woo-networkWOO (WOO) $ 0.469120
  • dydxdYdX (ETHDYDX) $ 2.86
  • axelarAxelar (AXL) $ 1.44
  • iotaIOTA (IOTA) $ 0.262820
  • kavaKava (KAVA) $ 0.758055
  • pyth-networkPyth Network (PYTH) $ 0.544978
  • gnosisGnosis (GNO) $ 309.12
  • oasis-networkOasis Network (ROSE) $ 0.118228
  • manta-networkManta Network (MANTA) $ 3.08
  • klay-tokenKlaytn (KLAY) $ 0.215483
  • bonkBonk (BONK) $ 0.000011
  • wemix-tokenWEMIX (WEMIX) $ 2.04
  • usddUSDD (USDD) $ 0.999079
  • jasmycoinJasmyCoin (JASMY) $ 0.015162
  • swethSwell Ethereum (SWETH) $ 3,016.30
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000121
  • msolMarinade staked SOL (MSOL) $ 119.35
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.85
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,131.49
  • fraxFrax (FRAX) $ 0.996530
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.02
  • jupiter-exchange-solanaJupiter (JUP) $ 0.471581
  • nexoNEXO (NEXO) $ 1.14
  • ecasheCash (XEC) $ 0.000032
  • gatechain-tokenGate (GT) $ 4.73
  • curve-dao-tokenCurve DAO (CRV) $ 0.551344
  • frax-shareFrax Share (FXS) $ 8.02
  • altlayerAltLayer (ALT) $ 0.547645
  • corgiaiCorgiAI (CORGIAI) $ 0.001943
  • illuviumIlluvium (ILV) $ 93.16
  • ondo-financeOndo (ONDO) $ 0.403613
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,115.09
  • xdce-crowd-saleXDC Network (XDC) $ 0.040445
  • zetachainZetaChain (ZETA) $ 2.36
  • rocket-poolRocket Pool (RPL) $ 27.47
  • coredaoorgCore (CORE) $ 0.608393
  • iotexIoTeX (IOTX) $ 0.055652
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.24
  • pepePepe (PEPE) $ 0.000001
  • kujiraKujira (KUJI) $ 4.07
  • tether-goldTether Gold (XAUT) $ 2,021.73
  • fasttokenFasttoken (FTN) $ 1.63
  • 1inch1inch (1INCH) $ 0.434020
  • metis-tokenMetis (METIS) $ 91.05
  • casper-networkCasper Network (CSPR) $ 0.039617
  • radixRadix (XRD) $ 0.044769
  • lido-staked-solLido Staked SOL (STSOL) $ 118.55
  • enjincoinEnjin Coin (ENJ) $ 0.326936
  • livepeerLivepeer (LPT) $ 14.90
  • stepnGMT (GMT) $ 0.258737
  • nervos-networkNervos Network (CKB) $ 0.010357
  • compound-wrapped-btccWBTC (CWBTC) $ 1,021.81
  • aelfaelf (ELF) $ 0.636370
  • ocean-protocolOcean Protocol (OCEAN) $ 0.738810
  • apenftAPENFT (NFT) $ 0.00000045
  • strideStride (STRD) $ 4.92
  • terra-luna-2Terra (LUNA) $ 0.654754
  • neutron-3Neutron (NTRN) $ 1.57
  • superfarmSuperVerse (SUPER) $ 0.964184
  • gmxGMX (GMX) $ 45.15
  • celoCelo (CELO) $ 0.811571
  • skaleSKALE (SKL) $ 0.082849
  • bitcoin-goldBitcoin Gold (BTG) $ 24.33
  • ribbon-financeRibbon Finance (RBN) $ 0.469556
  • mask-networkMask Network (MASK) $ 4.36
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pixelsPixels (PIXEL) $ 0.532310
  • aleph-zeroAleph Zero (AZERO) $ 1.34
  • zilliqaZilliqa (ZIL) $ 0.022794
  • compound-ethercETH (CETH) $ 58.66
  • pax-goldPAX Gold (PAXG) $ 1,996.87
  • api3API3 (API3) $ 3.89
  • gasGas (GAS) $ 6.18
  • echelon-primeEchelon Prime (PRIME) $ 11.84
  • holotokenHolo (HOT) $ 0.002261
  • kusamaKusama (KSM) $ 44.37
  • compound-governance-tokenCompound (COMP) $ 58.13
  • desoDecentralized Social (DESO) $ 37.49
  • pocket-networkPocket Network (POKT) $ 0.237098
  • zcashZcash (ZEC) $ 26.26
  • hytopiaHytopia (TOPIA) $ 0.076459
  • rollbit-coinRollbit Coin (RLB) $ 0.131665
  • xai-blockchainXai (XAI) $ 1.37
  • stader-ethxStader ETHx (ETHX) $ 2,973.02
  • convex-financeConvex Finance (CVX) $ 4.49
  • nosanaNosana (NOS) $ 4.37
  • basic-attention-tokenBasic Attention (BAT) $ 0.244072
  • origintrailOriginTrail (TRAC) $ 0.944430
  • moonbeamMoonbeam (GLMR) $ 0.424807
  • vethor-tokenVeThor (VTHO) $ 0.004863
  • safepalSafePal (SFP) $ 0.751225
  • golemGolem (GLM) $ 0.341419
  • dashDash (DASH) $ 29.01
  • qtumQtum (QTUM) $ 3.21
  • nemNEM (XEM) $ 0.037193
  • oec-tokenOKT Chain (OKT) $ 18.65
  • flokiFLOKI (FLOKI) $ 0.000033
  • magicMagic (MAGIC) $ 1.24
  • chiaChia (XCH) $ 31.71
  • project-galaxyGalxe (GAL) $ 2.99
  • theta-fuelTheta Fuel (TFUEL) $ 0.048595
  • loopringLoopring (LRC) $ 0.250200
  • ravencoinRavencoin (RVN) $ 0.023012
  • chromawayChromia (CHR) $ 0.394143
  • helium-mobileHelium Mobile (MOBILE) $ 0.003704
  • ethereum-pow-iouEthereumPoW (ETHW) $ 2.86
  • paypal-usdPayPal USD (PYUSD) $ 0.999693
  • umaUMA (UMA) $ 3.88
  • amp-tokenAmp (AMP) $ 0.005388
  • centrifugeCentrifuge (CFG) $ 0.631496
  • justJUST (JST) $ 0.033558
  • aragonAragon (ANT) $ 7.41
  • iexec-rlciExec RLC (RLC) $ 4.06
  • dogwifcoindogwifhat (WIF) $ 0.294416
  • 0x0x Protocol (ZRX) $ 0.344688
  • ankrAnkr Network (ANKR) $ 0.029122
  • zelcashFlux (FLUX) $ 0.843782
  • tellorTellor Tributes (TRB) $ 112.39
  • decredDecred (DCR) $ 17.79
  • mx-tokenMX (MX) $ 2.84
  • band-protocolBand Protocol (BAND) $ 2.00
  • kadenaKadena (KDA) $ 1.06
  • autonolasAutonolas (OLAS) $ 5.69
  • arkhamArkham (ARKM) $ 1.44
  • threshold-network-tokenThreshold Network (T) $ 0.028574
  • aioz-networkAIOZ Network (AIOZ) $ 0.254534
  • terrausdTerraClassicUSD (USTC) $ 0.030546
  • audiusAudius (AUDIO) $ 0.226582
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 40.99
  • ecomiECOMI (OMI) $ 0.000985
  • biconomyBiconomy (BICO) $ 0.386915
  • pendlePendle (PENDLE) $ 2.74
  • cartesiCartesi (CTSI) $ 0.336057
  • space-idSPACE ID (ID) $ 0.594771
  • beldexBeldex (BDX) $ 0.040903
  • memecoin-2Memecoin (MEME) $ 0.026603
  • victoria-vrVictoria VR (VR) $ 0.041217
  • alexgoALEX Lab (ALEX) $ 0.349955
  • yearn-financeyearn.finance (YFI) $ 7,333.14
  • sushiSushi (SUSHI) $ 1.27
  • nxmNexus Mutual (NXM) $ 56.27
  • jito-governance-tokenJito (JTO) $ 2.05
  • iconICON (ICX) $ 0.244102
  • oasysOasys (OAS) $ 0.126680
  • gxchainGXChain (GXC) $ 3.14
  • wavesWaves (WAVES) $ 2.32
  • dexeDeXe (DEXE) $ 4.13
  • balancerBalancer (BAL) $ 4.20
  • ontologyOntology (ONT) $ 0.254553
  • raydiumRaydium (RAY) $ 0.887394
  • wrapped-centrifugeWrapped Centrifuge (WCFG) $ 0.631178
  • linkFINSCHIA (FNSA) $ 29.98
  • genesysgo-shadowShadow Token (SHDW) $ 1.44
  • huobi-btcHuobi BTC (HBTC) $ 24,989.00
  • coin98Coin98 (C98) $ 0.321254
  • sleepless-aiSleepless AI (AI) $ 1.72
  • gelatoGelato (GEL) $ 0.901237
  • gains-networkGains Network (GNS) $ 6.52
  • harmonyHarmony (ONE) $ 0.017861
  • ssv-networkSSV Network (SSV) $ 30.70
  • tectumTectum (TET) $ 29.64
  • songbirdSongbird (SGB) $ 0.015035
  • paal-aiPAAL AI (PAAL) $ 0.333152
  • paxos-standardPax Dollar (USDP) $ 1.00
  • pandoraPandora (PANDORA) $ 21,693.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,007.95
  • edu-coinOpen Campus (EDU) $ 0.817596
  • heroes-of-maviaHeroes of Mavia (MAVIA) $ 7.06
  • arcblockArcblock (ABT) $ 2.14
  • bitkub-coinBitkub Coin (KUB) $ 2.36
  • waxWAX (WAXP) $ 0.061321
  • dao-makerDAO Maker (DAO) $ 0.904662
  • alephiumAlephium (ALPH) $ 2.91
  • olympusOlympus (OHM) $ 12.64
  • prometeusProm (PROM) $ 11.21
  • swipeSXP (SXP) $ 0.342344
  • seedify-fundSeedify.fund (SFUND) $ 3.47
  • numeraireNumeraire (NMR) $ 32.59
  • lukso-token-2LUKSO (LYX) $ 6.65
  • liskLisk (LSK) $ 1.37
  • lcxLCX (LCX) $ 0.256676
  • polymeshPolymesh (POLYX) $ 0.192260
  • moonriverMoonriver (MOVR) $ 22.02
  • mantra-daoMANTRA (OM) $ 0.237761
  • guildfiGuildFi (GF) $ 0.362074
  • rif-tokenRSK Infrastructure Framework (RIF) $ 0.188804
  • venusVenus (XVS) $ 11.93
  • auctionBounce (AUCTION) $ 28.56
  • commune-aiCommune AI (COMAI) $ 2.83
  • tensetTenset (10SET) $ 1.10
  • tribe-2Tribe (TRIBE) $ 0.398160
  • 0x0-ai-ai-smart-contract0x0.ai: AI Smart Contract (0X0) $ 0.202999
  • bloxBlox (CDT) $ 0.268042
  • creditcoin-2Creditcoin (CTC) $ 0.559109
  • alethea-artificial-liquid-intelligence-tokenArtificial Liquid Intelligence (ALI) $ 0.049454
  • orcaOrca (ORCA) $ 3.54
  • power-ledgerPowerledger (POWR) $ 0.341761
  • swissborgSwissBorg (BORG) $ 0.178110
  • dora-factory-2Dora Factory (DORA) $ 0.175040
  • iostokenIOST (IOST) $ 0.009219
  • big-timeBig Time (BIGTIME) $ 0.372647
  • marlinMarlin (POND) $ 0.021013
  • orbsOrbs (ORBS) $ 0.039768
  • cudosCudos (CUDOS) $ 0.024877
  • digibyteDigiByte (DGB) $ 0.009855
  • magaMAGA (TRUMP) $ 3.63
  • joeJOE (JOE) $ 0.486126
  • polymathPolymath (POLY) $ 0.184452
  • bitcoin-avalanche-bridged-btc-bBitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 50,933.00
  • covalentCovalent (CQT) $ 0.261649
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • alchemix-usdAlchemix USD (ALUSD) $ 0.977791
  • statusStatus (SNT) $ 0.041104
  • agoras-currency-of-tauAgoras: Currency of Tau (AGRS) $ 9.06
  • hivemapperHivemapper (HONEY) $ 0.194073
  • gmt-tokenGomining Token (GMT) $ 0.379290
  • huobi-tokenHuobi (HT) $ 1.05
  • noia-networkSyntropy (NOIA) $ 0.204421
  • maverick-protocolMaverick Protocol (MAV) $ 0.633747
  • nanoNano (XNO) $ 1.19
  • myriaMyria (MYRIA) $ 0.009670
  • stratisStratis (STRAX) $ 0.993928
  • bluzelleBluzelle (BLZ) $ 0.368394
  • constellation-labsConstellation (DAG) $ 0.052385
  • vulcan-forgedVulcan Forged (PYR) $ 6.46
  • boraBORA (BORA) $ 0.154514
  • trias-tokenTriasLab (TRIAS) $ 15.13
  • smooth-love-potionSmooth Love Potion (SLP) $ 0.003666
  • reserve-rights-tokenReserve Rights (RSR) $ 0.002979
  • radiant-capitalRadiant Capital (RDNT) $ 0.334009
  • liquity-usdLiquity USD (LUSD) $ 0.994960
  • yield-guild-gamesYield Guild Games (YGG) $ 0.495278
  • vvs-financeVVS Finance (VVS) $ 0.000003
  • cotiCOTI (COTI) $ 0.096843
  • oraichain-tokenOraichain (ORAI) $ 9.43
  • arkARK (ARK) $ 0.825128
  • crvusdcrvUSD (CRVUSD) $ 0.998675
  • zencashHorizen (ZEN) $ 9.94
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.028392
  • pepeforkPepeFork (PORK) $ 0.00000043
  • telosTelos (TLOS) $ 0.362037
  • hiveHive (HIVE) $ 0.332044
  • nymNym (NYM) $ 0.203371
  • bone-shibaswapBone ShibaSwap (BONE) $ 0.557466
  • liquityLiquity (LQTY) $ 1.46
  • everipediaIQ (IQ) $ 0.007848
  • btse-tokenBTSE Token (BTSE) $ 0.854360
  • stader-maticxStader MaticX (MATICX) $ 1.06
  • ultimaUltima (ULTIMA) $ 5,798.94
  • dentDent (DENT) $ 0.001421
  • dkargodKargo (DKA) $ 0.035105
  • stasis-eursSTASIS EURO (EURS) $ 1.08
  • rss3RSS3 (RSS3) $ 0.212172
  • torTOR (TOR) $ 7.74
  • stargate-financeStargate Finance (STG) $ 0.643901
  • cortexCortex (CTXC) $ 0.600180
  • synapse-2Synapse (SYN) $ 0.690009
  • secretSecret (SCRT) $ 0.478808
  • dusk-networkDusk (DUSK) $ 0.287500
  • origin-etherOrigin Ether (OETH) $ 2,917.79
  • hashflowHashflow (HFT) $ 0.362804
  • hooked-protocolHooked Protocol (HOOK) $ 0.998172
  • energy-web-tokenEnergy Web (EWT) $ 2.61
  • vanar-chainVanar Chain (VANRY) $ 0.090594
  • merit-circleMerit Circle (MC) $ 3.43
  • loom-network-newLoom Network (NEW) (LOOM) $ 0.103023
  • ongOntology Gas (ONG) $ 0.337213
  • guild-of-guardiansGuild of Guardians (GOG) $ 0.231277
  • celer-networkCeler Network (CELR) $ 0.021735
  • crown-by-third-time-gamesCrown by Third Time Games (CROWN) $ 1.15
  • spell-tokenSpell (SPELL) $ 0.000926
  • alchemy-payAlchemy Pay (ACH) $ 0.024604
  • stargazeStargaze (STARS) $ 0.048747
  • playdappPlayDapp (PLA) $ 0.209880
  • winkWINkLink (WIN) $ 0.000126
  • delysiumDelysium (AGI) $ 0.193920
  • my-neighbor-aliceMy Neighbor Alice (ALICE) $ 1.38
  • ergoErgo (ERG) $ 1.64
  • sovrynSovryn (SOV) $ 2.53
  • chaingptChainGPT (CGPT) $ 0.303953
  • milk-allianceMiL.k Alliance (MLK) $ 0.341630
  • nakamoto-gamesNakamoto Games (NAKA) $ 1.80
  • pundi-x-2Pundi X (PUNDIX) $ 0.450503
  • chainflipChainflip (FLIP) $ 5.44
  • mass-vehicle-ledgerMVL (MVL) $ 0.004684
  • saucerswapSaucerSwap (SAUCE) $ 0.189389
  • stp-networkSTP (STPT) $ 0.058084
  • aurora-nearAurora (AURORA) $ 0.265795
  • wazirxWazirX (WRX) $ 0.245514
  • shrapnel-2Shrapnel (SHRAP) $ 0.255639
  • steemSteem (STEEM) $ 0.242225
  • dodoDODO (DODO) $ 0.178503
  • kyber-network-crystalKyber Network Crystal (KNC) $ 0.643258
  • syscoinSyscoin (SYS) $ 0.140744
  • humans-aiHumans.ai (HEART) $ 0.021131
  • bakerytokenBakerySwap (BAKE) $ 0.373589
  • xyo-networkXYO Network (XYO) $ 0.007706
  • eulerEuler (EUL) $ 5.75
  • gamefiGameFi.org (GAFI) $ 9.73
  • adventure-goldAdventure Gold (AGLD) $ 1.38
  • zignalyZignaly (ZIG) $ 0.074506
  • apex-token-2ApeX (APEX) $ 2.37
  • telcoinTelcoin (TEL) $ 0.001364
  • smardexSmarDex (SDEX) $ 0.014636
  • star-atlas-daoStar Atlas DAO (POLIS) $ 0.432421
  • wilder-worldWilder World (WILD) $ 0.380994
  • alpha-financeStella (ALPHA) $ 0.123408
  • polygon-ecosystem-tokenPolygon Ecosystem Token (POL) $ 0.964752
  • mediblocMedibloc (MED) $ 0.012437
  • nknNKN (NKN) $ 0.133663
  • fx-coinFunction X (FX) $ 0.149060
  • agoricAgoric (BLD) $ 0.158241
  • metalMetal DAO (MTL) $ 1.59
  • storjStorj (STORJ) $ 0.716716
  • lukso-tokenLUKSO [OLD] (LYXE) $ 6.56
  • tokamak-networkTokamak Network (TON) $ 2.29
  • tominettomiNet (TOMI) $ 1.04
  • coq-inuCoq Inu (COQ) $ 0.000001
  • bancorBancor Network (BNT) $ 0.752367
  • world-mobile-tokenWorld Mobile Token (WMT) $ 0.182119
  • sun-tokenSun Token (SUN) $ 0.010087
  • airtor-protocolAirTor Protocol (ATOR) $ 1.35
  • usdxUSDX (USDX) $ 0.888963
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  • zkfairZKFair (ZKF) $ 0.007649
  • clore-aiClore.ai (CLORE) $ 0.254972
  • fortaForta (FORT) $ 0.221631

Bitcoin’s momentum will end and it will be ugly – regulation will kick in and countries likely won’t ignore its huge carbon footprint, an investment advisor says

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Bitcoin's momentum will end and it will be ugly - regulation will kick in and countries likely won't ignore its huge carbon footprint, an investment advisor says

  • Bitcoin prices will come crashing down due to two major risks, one investment advisor said.
  • Threat of regulation and impact on the climate will burst its bubble, Stephen Isaacs told CNBC.
  • "This is a very dirty product, and it's getting dirtier by the minute," he said.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  • Bitcoin has ushered in a movement hailed by investors for its ability to decentralize the financial system.

    But one investment advisor just highlighted two key factors that pose big risks to bitcoin's momentum: the threat of regulation and its impact on the climate.

    The world's most popular cryptocurrency broke its mini-slump on Wednesday by rising 1% to above $55,000. It tumbled as much as 17% over the weekend, partly driven by an unverified report that said the US Treasury may soon crackdown on financial institutions using digital assets to launder money.

    "We've got a whiff over the weekend of what could happen if regulation comes to this product – I'm not going to call it an asset class," Stephen Isaacs, chairman of the investment committee at London-based advisory firm Alvine Capital, told CNBC on Monday.

    "I don't know where it will end, or how it will end, but it will end," he said. "And when it ends, it will be ugly, because there will be nothing there."

    Isaacs further added that bitcoin's energy usage will be its downfall "if anybody's serious about climate change."

    "This is a very dirty product, and it's getting dirtier by the minute, because the amount of energy that is required to mine additional supply is going up," he said.

    Analysis by Cambridge University shows bitcoin consumes more electricity annually than the whole of Argentina, BBC reported in February. Energy consumption is said to have a linear relationship with its price.

    Research by Bank of America shows each $1 billion in inflows is equivalent to the same amount of energy used by 1.2 million cars. Conversely, digital currencies proposed by central banks are believed to not have the same negative impact.

    Isaacs said the currency is rising in value because of speculation and a "buy-everything" inflationary environment, but it has no fundamentals, or intrinsic value.

    "It's almost a victim of its own success, that if this product allows the transfer of vast amounts of money between individuals who have complete anonymity, it goes against a whole generation of regulation," he said.

    Read the original article on Business Insider

    Source: markets.businessinsider.com

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