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  • bitcoinBitcoin (BTC) $ 69,720.00
  • ethereumEthereum (ETH) $ 2,506.49
  • tetherTether (USDT) $ 0.999581
  • bnbBNB (BNB) $ 575.79
  • solanaSolana (SOL) $ 167.14
  • usd-coinUSDC (USDC) $ 1.00
  • xrpXRP (XRP) $ 0.512416
  • staked-etherLido Staked Ether (STETH) $ 2,505.58
  • dogecoinDogecoin (DOGE) $ 0.162138
  • tronTRON (TRX) $ 0.167504
  • cardanoCardano (ADA) $ 0.356074
  • the-open-networkToncoin (TON) $ 4.94
  • wrapped-stethWrapped stETH (WSTETH) $ 2,966.75
  • shiba-inuShiba Inu (SHIB) $ 0.000018
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 69,583.00
  • avalanche-2Avalanche (AVAX) $ 24.89
  • wethWETH (WETH) $ 2,507.15
  • chainlinkChainlink (LINK) $ 11.23
  • bitcoin-cashBitcoin Cash (BCH) $ 349.26
  • usdsUSDS (USDS) $ 1.00
  • leo-tokenLEO Token (LEO) $ 6.08
  • polkadotPolkadot (DOT) $ 3.91
  • suiSui (SUI) $ 1.95
  • litecoinLitecoin (LTC) $ 70.52
  • nearNEAR Protocol (NEAR) $ 3.96
  • aptosAptos (APT) $ 8.82
  • wrapped-eethWrapped eETH (WEETH) $ 2,637.05
  • uniswapUniswap (UNI) $ 7.49
  • pepePepe (PEPE) $ 0.000009
  • internet-computerInternet Computer (ICP) $ 7.85
  • bittensorBittensor (TAO) $ 460.43
  • daiDai (DAI) $ 0.999918
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.22
  • kaspaKaspa (KAS) $ 0.116572
  • moneroMonero (XMR) $ 158.18
  • stellarStellar (XLM) $ 0.092986
  • ethereum-classicEthereum Classic (ETC) $ 18.48
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 18.97
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999178
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.319018
  • blockstackStacks (STX) $ 1.60
  • okbOKB (OKB) $ 38.09
  • dogwifcoindogwifhat (WIF) $ 2.21
  • aaveAave (AAVE) $ 141.49
  • filecoinFilecoin (FIL) $ 3.48
  • arbitrumArbitrum (ARB) $ 0.520070
  • crypto-com-chainCronos (CRO) $ 0.073493
  • mantleMantle (MNT) $ 0.579053
  • thorchainTHORChain (RUNE) $ 5.60
  • optimismOptimism (OP) $ 1.50
  • celestiaCelestia (TIA) $ 4.64
  • render-tokenRender (RENDER) $ 4.70
  • immutable-xImmutable (IMX) $ 1.08
  • injective-protocolInjective (INJ) $ 18.54
  • fantomFantom (FTM) $ 0.644328
  • hedera-hashgraphHedera (HBAR) $ 0.045776
  • vechainVeChain (VET) $ 0.020750
  • cosmosCosmos Hub (ATOM) $ 4.18
  • bitget-tokenBitget Token (BGB) $ 1.13
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,507.57
  • popcatPopcat (POPCAT) $ 1.49
  • sei-networkSei (SEI) $ 0.375639
  • the-graphThe Graph (GRT) $ 0.146138
  • mantra-daoMANTRA (OM) $ 1.41
  • bonkBonk (BONK) $ 0.000019
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,795.51
  • pyth-networkPyth Network (PYTH) $ 0.364707
  • flokiFLOKI (FLOKI) $ 0.000135
  • jupiter-exchange-solanaJupiter (JUP) $ 0.960731
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,623.09
  • worldcoin-wldWorldcoin (WLD) $ 1.89
  • theta-tokenTheta Network (THETA) $ 1.12
  • gatechain-tokenGate (GT) $ 8.54
  • kucoin-sharesKuCoin (KCS) $ 8.97
  • heliumHelium (HNT) $ 6.29
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 69,637.00
  • makerMaker (MKR) $ 1,217.74
  • ethenaEthena (ENA) $ 0.368235
  • bitcoin-svBitcoin SV (BSV) $ 49.91
  • algorandAlgorand (ALGO) $ 0.116470
  • arweaveArweave (AR) $ 14.78
  • ondo-financeOndo (ONDO) $ 0.656631
  • raydiumRaydium (RAY) $ 3.53
  • lido-daoLido DAO (LDO) $ 1.03
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 69,719.00
  • msolMarinade Staked SOL (MSOL) $ 205.77
  • fasttokenFasttoken (FTN) $ 2.69
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,571.10
  • based-brettBrett (BRETT) $ 0.087095
  • beam-2Beam (BEAM) $ 0.016534
  • jasmycoinJasmyCoin (JASMY) $ 0.017560
  • matic-networkPolygon (MATIC) $ 0.319214
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.009224
  • klay-tokenKlaytn (KLAY) $ 0.137597
  • bittorrentBitTorrent (BTT) $ 0.00000085
  • flowFlow (FLOW) $ 0.510888
  • aerodrome-financeAerodrome Finance (AERO) $ 1.15
  • coredaoorgCore (CORE) $ 0.846768
  • starknetStarknet (STRK) $ 0.364854
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,505.04
  • kaiaKaia (KAIA) $ 0.130822
  • tokenize-xchangeTokenize Xchange (TKX) $ 9.54
  • pendlePendle (PENDLE) $ 4.73
  • galaGALA (GALA) $ 0.019187
  • spx6900SPX6900 (SPX) $ 0.811317
  • usddUSDD (USDD) $ 0.999004
  • mog-coinMog Coin (MOG) $ 0.000002
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 69,719.00
  • apecoinApeCoin (APE) $ 1.01
  • axie-infinityAxie Infinity (AXS) $ 4.65
  • ordinalsORDI (ORDI) $ 33.27
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 69,583.00
  • tether-goldTether Gold (XAUT) $ 2,744.43
  • notcoinNotcoin (NOT) $ 0.006555
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999879
  • flare-networksFlare (FLR) $ 0.013210
  • ecasheCash (XEC) $ 0.000034
  • neoNEO (NEO) $ 9.37
  • eosEOS (EOS) $ 0.435482
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 69,594.00
  • fraxFrax (FRAX) $ 0.995855
  • dydx-chaindYdX (DYDX) $ 0.981972
  • elrond-erd-2MultiversX (EGLD) $ 23.33
  • nexoNEXO (NEXO) $ 0.992694
  • tezosTezos (XTZ) $ 0.630198
  • conflux-tokenConflux (CFX) $ 0.139799
  • gigachad-2Gigachad (GIGA) $ 0.065993
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 175.50
  • neiro-3Neiro (NEIRO) $ 0.001455
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,505.32
  • paypal-usdPayPal USD (PYUSD) $ 0.999888
  • mina-protocolMina Protocol (MINA) $ 0.509580
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,574.21
  • the-sandboxThe Sandbox (SAND) $ 0.245752
  • turboTurbo (TURBO) $ 0.008471
  • akash-networkAkash Network (AKT) $ 2.34
  • wormholeWormhole (W) $ 0.213584
  • superfarmSuperVerse (SUPER) $ 1.27
  • zcashZcash (ZEC) $ 37.73
  • axelarAxelar (AXL) $ 0.686290
  • nervos-networkNervos Network (CKB) $ 0.012634
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.63
  • book-of-memeBOOK OF MEME (BOME) $ 0.007885
  • pax-goldPAX Gold (PAXG) $ 2,739.98
  • chilizChiliz (CHZ) $ 0.059249
  • decentralandDecentraland (MANA) $ 0.287856
  • gnosisGnosis (GNO) $ 203.93
  • safeSafe (SAFE) $ 1.06
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.524262
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,507.13
  • beldexBeldex (BDX) $ 0.076827
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000089
  • roninRonin (RON) $ 1.38
  • true-usdTrueUSD (TUSD) $ 0.997395
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,714.06
  • arkhamArkham (ARKM) $ 1.63
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000023
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.73
  • aioz-networkAIOZ Network (AIOZ) $ 0.418407
  • zksyncZKsync (ZK) $ 0.128789
  • eigenlayerEigenlayer (EIGEN) $ 2.50
  • havvenSynthetix Network (SNX) $ 1.39
  • grassGrass (GRASS) $ 1.87
  • dexeDeXe (DEXE) $ 7.84
  • dydxdYdX (ETHDYDX) $ 0.982561
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.435034
  • apenftAPENFT (NFT) $ 0.00000044
  • oasis-networkOasis (ROSE) $ 0.064093
  • blurBlur (BLUR) $ 0.211922
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.997295
  • frax-etherFrax Ether (FRXETH) $ 2,492.92
  • usdbUSDB (USDB) $ 1.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.027102
  • hashnote-usycHashnote USYC (USYC) $ 1.07
  • super-oethSuper OETH (SUPEROETHB) $ 2,505.01
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.06
  • astarAstar (ASTR) $ 0.053268
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 69,685.00
  • bitcoin-goldBitcoin Gold (BTG) $ 22.33
  • iotaIOTA (IOTA) $ 0.110583
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.003801
  • l2-standard-bridged-weth-blastL2 Standard Bridged WETH (Blast) (WETH) $ 2,506.11
  • stepnGMT (GMT) $ 0.127770
  • iotexIoTeX (IOTX) $ 0.039243
  • compound-governance-tokenCompound (COMP) $ 42.01
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • livepeerLivepeer (LPT) $ 10.27
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,507.31
  • layerzeroLayerZero (ZRO) $ 3.25
  • usual-usdUsual USD (USD0) $ 0.998867
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.069147
  • kavaKava (KAVA) $ 0.323308
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • theta-fuelTheta Fuel (TFUEL) $ 0.051625
  • memecoin-2Memecoin (MEME) $ 0.011594
  • aleoALEO (ALEO) $ 1.49
  • binance-staked-solBinance Staked SOL (BNSOL) $ 168.84
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006415
  • quantixaiQuantixAI (QAI) $ 86.52
  • celoCelo (CELO) $ 0.603547
  • zetachainZetaChain (ZETA) $ 0.642486
  • echelon-primeEchelon Prime (PRIME) $ 6.70
  • safepalSafePal (SFP) $ 0.679475
  • woo-networkWOO (WOO) $ 0.179824
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.04
  • swethSwell Ethereum (SWETH) $ 2,692.08
  • pepecoin-2PepeCoin (PEPECOIN) $ 2.64
  • stader-ethxStader ETHx (ETHX) $ 2,617.08
  • dogs-2Dogs (DOGS) $ 0.000603
  • metaplexMetaplex (MPLX) $ 0.412229
  • wemix-tokenWEMIX (WEMIX) $ 0.750720
  • 1inch1inch (1INCH) $ 0.243637
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.161956
  • chex-tokenCHEX Token (CHEX) $ 0.301317
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 2,753.68
  • curve-dao-tokenCurve DAO (CRV) $ 0.244991
  • golemGolem (GLM) $ 0.297393
  • fwogFwog (FWOG) $ 0.304419
  • dymensionDymension (DYM) $ 1.40
  • jito-governance-tokenJito (JTO) $ 2.27
  • justJUST (JST) $ 0.029193
  • amp-tokenAmp (AMP) $ 0.003584
  • ether-fiEther.fi (ETHFI) $ 1.39
  • holotokenHolo (HOT) $ 0.001616
  • tbtctBTC (TBTC) $ 69,415.00
  • compound-wrapped-btccWBTC (CWBTC) $ 1,399.80
  • osmosisOsmosis (OSMO) $ 0.402188
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,656.18
  • ultimaUltima (ULTIMA) $ 6,643.23
  • polygon-bridged-wbtc-polygon-posPolygon Bridged WBTC (Polygon POS) (WBTC) $ 69,691.00
  • aevo-exchangeAevo (AEVO) $ 0.310722
  • verus-coinVerus (VRSC) $ 3.51
  • dashDash (DASH) $ 22.58
  • mask-networkMask Network (MASK) $ 2.71
  • ponkePONKE (PONKE) $ 0.491794
  • zilliqaZilliqa (ZIL) $ 0.014031
  • 0x0x Protocol (ZRX) $ 0.312305
  • mx-tokenMX (MX) $ 2.70
  • moonwell-artemisMoonwell (WELL) $ 0.088980
  • kusamaKusama (KSM) $ 16.42
  • siacoinSiacoin (SC) $ 0.004448
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 69,513.00
  • olympusOlympus (OHM) $ 15.90
  • aelfaelf (ELF) $ 0.348323
  • corgiaiCorgiAI (CORGIAI) $ 0.000728
  • aragonAragon (ANT) $ 6.23
  • apu-s-clubApu Apustaja (APU) $ 0.000756
  • coinex-tokenCoinEx (CET) $ 0.089205
  • enjincoinEnjin Coin (ENJ) $ 0.139699
  • manta-networkManta Network (MANTA) $ 0.639923
  • metis-tokenMetis (METIS) $ 40.16
  • gasGas (GAS) $ 3.75
  • quoriumQuorium (QGOLD) $ 2,734.65
  • ravencoinRavencoin (RVN) $ 0.016699
  • ankrAnkr Network (ANKR) $ 0.024135
  • polymeshPolymesh (POLYX) $ 0.218838
  • nosanaNosana (NOS) $ 2.89
  • basic-attention-tokenBasic Attention (BAT) $ 0.160720
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 29.14
  • project-galaxyGalxe (GAL) $ 1.84
  • qtumQtum (QTUM) $ 2.22
  • origintrailOriginTrail (TRAC) $ 0.576895
  • terra-luna-2Terra (LUNA) $ 0.335809
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999982
  • non-playable-coinNon-Playable Coin (NPC) $ 0.028426
  • pumpbtcpumpBTC (PUMPBTC) $ 69,547.00
  • amnis-aptosAmnis Aptos (AMAPT) $ 8.74
  • osaka-protocolOsaka Protocol (OSAK) $ 0.00000029
  • harrypotterobamasonic10inHarryPotterObamaSonic10Inu (ETH) (BITCOIN) $ 0.217095
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 19.62
  • altlayerAltLayer (ALT) $ 0.092383
  • biconomyBiconomy (BICO) $ 0.233265
  • g-tokenGravity (G) $ 0.029036
  • gmxGMX (GMX) $ 21.45
  • solayer-staked-solSolayer Staked SOL (SSOL) $ 172.35
  • rocket-poolRocket Pool (RPL) $ 9.95
  • ousgOUSG (OUSG) $ 108.67
  • threshold-network-tokenThreshold Network (T) $ 0.020739
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,622.49
  • illuviumIlluvium (ILV) $ 33.97
  • bridged-wrapped-ether-starkgateBridged Ether (StarkGate) (ETH) $ 2,511.18
  • availAvail (AVAIL) $ 0.110319
  • nxmNexus Mutual (NXM) $ 56.98
  • delysiumDelysium (AGI) $ 0.164559
  • big-timeBig Time (BIGTIME) $ 0.168436
  • simon-s-catSimon's Cat (CAT) $ 0.000029
  • singularitynetSingularityNET (AGIX) $ 0.527638
  • umaUMA (UMA) $ 2.35
  • tribe-2Tribe (TRIBE) $ 0.430222
  • bitkub-coinBitkub Coin (KUB) $ 2.19
  • decredDecred (DCR) $ 11.88
  • saga-2Saga (SAGA) $ 1.85
  • aethirAethir (ATH) $ 0.047594
  • paal-aiPAAL AI (PAAL) $ 0.223697
  • zelcashFlux (FLUX) $ 0.514704
  • ioio.net (IO) $ 1.59
  • retardioRETARDIO (RETARDIO) $ 0.189904
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,640.65
  • chiaChia (XCH) $ 13.53
  • sun-tokenSun Token (SUN) $ 0.018851
  • michicoinmichi ($MICHI) $ 0.327764
  • usdx-money-usdxusdx.money USDX (USDX) $ 1.00
  • moo-dengMoo Deng (MOODENG) $ 0.181301
  • qubic-networkQubic (QUBIC) $ 0.000002
  • ghoGHO (GHO) $ 0.998922
  • mapleMaple (MPL) $ 22.40
  • skaleSKALE (SKL) $ 0.033835
  • api3API3 (API3) $ 1.50
  • hamster-kombatHamster Kombat (HMSTR) $ 0.002705
  • usd-coin-ethereum-bridgedArbitrum Bridged USDC (Arbitrum) (USDC.E) $ 1.00
  • banana-gunBanana Gun (BANANA) $ 49.93
  • yield-guild-gamesYield Guild Games (YGG) $ 0.449244
  • space-idSPACE ID (ID) $ 0.395516
  • blastBlast (BLAST) $ 0.007808
  • instadappInstadapp (INST) $ 2.01
  • wrapped-ether-mantle-bridgeWrapped Ether (Mantle Bridge) (WETH) $ 2,505.29
  • alchemix-usdAlchemix USD (ALUSD) $ 0.990026
  • radixRadix (XRD) $ 0.015551
  • magaMAGA (TRUMP) $ 3.59
  • mythosMythos (MYTH) $ 0.221593
  • gmt-tokenGomining Token (GOMINING) $ 0.390601
  • rollbit-coinRollbit Coin (RLB) $ 0.067765
  • compound-ethercETH (CETH) $ 50.39
  • cotiCOTI (COTI) $ 0.088690
  • swipeSolar (SXP) $ 0.256721
  • clearpoolClearpool (CPOOL) $ 0.224279
  • rune-pupsPUPS•WORLD•PEACE (PUPS) $ 0.157675
  • yearn-financeyearn.finance (YFI) $ 4,682.48
  • swissborgSwissBorg (BORG) $ 0.159040
  • wexoWexo (WEXO) $ 3.00
  • ontologyOntology (ONT) $ 0.171023
  • frax-shareFrax Share (FXS) $ 1.83
  • band-protocolBand Protocol (BAND) $ 1.06
  • elixir-deusdElixir deUSD (DEUSD) $ 0.999461
  • tellorTellor Tributes (TRB) $ 58.08
  • kadenaKadena (KDA) $ 0.513464
  • audiusAudius (AUDIO) $ 0.119379
  • centrifugeCentrifuge (CFG) $ 0.299927
  • treehouse-ethTreehouse ETH (TETH) $ 2,986.78
  • renzo-restaked-lstRenzo Restaked LST (PZETH) $ 2,966.70
  • ocean-protocolOcean Protocol (OCEAN) $ 0.547495
  • loopringLoopring (LRC) $ 0.118406
  • abtcaBTC (ABTC) $ 67,977.00
  • degen-baseDegen (Base) (DEGEN) $ 0.008574
  • arcblockArcblock (ABT) $ 1.49
  • venomVenom (VENOM) $ 0.077282
  • harmonyHarmony (ONE) $ 0.011793
  • bitcoin-wizardsBitcoin Wizards (WZRD) $ 6.90
  • nemNEM (XEM) $ 0.015837
  • xai-blockchainXai (XAI) $ 0.194760
  • creditcoin-2Creditcoin (CTC) $ 0.373021
  • hivemapperHivemapper (HONEY) $ 0.052007
  • kelp-gainKelp Gain (AGETH) $ 2,558.02
  • across-protocolAcross Protocol (ACX) $ 0.326961
  • deepDeepBook (DEEP) $ 0.055830
  • moonbeamMoonbeam (GLMR) $ 0.151768
  • h2o-daoH2O Dao (H2O) $ 0.167325
  • ozone-chainOzone Chain (OZO) $ 0.226184
  • metars-genesisMetars Genesis (MRS) $ 1.60
  • orcaOrca (ORCA) $ 2.56
  • merlin-chainMerlin Chain (MERL) $ 0.276052
  • stasis-eursSTASIS EURO (EURS) $ 1.09
  • chromawayChromia (CHR) $ 0.160032
  • bloxBlox (CDT) $ 0.194328
  • sundogSundog (SUNDOG) $ 0.131029
  • luna-by-virtualsLuna by Virtuals (LUNA) $ 0.131549
  • terrausdTerraClassicUSD (USTC) $ 0.022269
  • sushiSushi (SUSHI) $ 0.672495
  • iconICON (ICX) $ 0.126157
  • cronos-bridged-usdc-cronosCronos Bridged USDC (Cronos) (USDC) $ 1.00
  • convex-financeConvex Finance (CVX) $ 1.58
  • kinesis-goldKinesis Gold (KAU) $ 88.23
  • zignalyZignaly (ZIG) $ 0.090964
  • lorenzo-stbtcLorenzo stBTC (STBTC) $ 67,088.00
  • ssv-networkSSV Network (SSV) $ 17.98
  • reserve-protocol-eth-plusETHPlus (ETH+) $ 2,571.07
  • edu-coinOpen Campus (EDU) $ 0.488814
  • ecoin-2Ecoin (ECOIN) $ 0.000275
  • hoppy-memeHoppy (HOPPY) $ 0.000299
  • liskLisk (LSK) $ 0.777464
  • scrollScroll (SCR) $ 0.661524
  • kaminoKamino (KMNO) $ 0.092867
  • mumu-the-bull-3MUMU THE BULL (MUMU) $ 0.000054
  • oec-tokenOKT Chain (OKT) $ 6.93
  • kinesis-silverKinesis Silver (KAG) $ 32.61
  • pixelsPixels (PIXEL) $ 0.160714
  • vethor-tokenVeThor (VTHO) $ 0.001494
  • goldfinchGoldfinch (GFI) $ 1.40
  • pups-ordinalsPUPS (Ordinals) [OLD] (PUPS) $ 15.48
  • drift-protocolDrift Protocol (DRIFT) $ 0.489018
  • ampleforthAmpleforth (AMPL) $ 1.21
  • andy-the-wisguyANDY ETH (ANDY) $ 0.000118
  • humans-aiHumans.ai (HEART) $ 0.018553
  • zencashHorizen (ZEN) $ 7.50
  • everipediaIQ (IQ) $ 0.005946
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Goldman Sachs analysts divided over whether Bitcoin is an ‘investable asset class’

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Goldman has flip-flopped again declaring crypto assets as unworthy of investment in the same week it expands its crypto trading desk.

Wall Street investment bank Goldman Sachs has made another U-turn on its stance toward Bitcoin as it struggles to define the asset’s investment status.

The investment bank flip-flopped again in its approach to cryptocurrencies with a report issued earlier this week that claims  they are not a “viable investment”.

The report, titled “Digital Assets: Beauty Is Not in the Eye of the Beholder”, concluded Bitcoin is not “a long-term store of value or an investable asset class”.

This contradicts their May 21 report titled “Crypto: A New Asset Class?” which was largely positive about the idea and even featured Matthew McDermot, global head of digital assets at Goldman Sachs, saying:

“Bitcoin is now considered an investable asset”.

That in turn, was a repudiation of another Goldman Sachs presentation last year where different analysts from the bank provided five reasons that Bitcoin was not an asset class suitable for investmen.

In the new report, the bank’s Investment Strategy Group stated it wanted to play it safe with regards to cryptocurrency. “We have refrained from repeating the positive and negative hype that surrounds this ecosystem because we do not want clients to be seesawed, even swayed by a cacophony of assertions, many of them unsubstantiated,” the report said.

It went on to state that Bitcoin was not “digital gold” — but in any case, gold itself was not a reliable store of value:

“The argument that Bitcoin and cryptocurrencies are a digital version of gold does not confer any value to Bitcoin and other cryptocurrencies, because gold itself is not a consistent or reliable store of value,”

The report also suggested that blockchains themselves are untrustworthy, concluding that cryptocurrencies and blockchain technology are “built on layers of trust that could be eroded.”

“After analyzing various valuation methodologies and applying our multi-factor strategic asset allocation model, we have concluded that cryptocurrencies are not a viable investment for our clients’ diversified portfolios.”

Related: Goldman Sachs readying Bitcoin product for clients

Clearly there are divisions in the bank about its approach to cryptocurrency. In May, Goldman Sachs led a $15 million investment round for blockchain analytics firm Coin Metrics.

On Monday, June 14, it was reported that McDermott confirmed that the investment bank was expanding its crypto trading desk to include Ethereum options and futures.

Source: cointelegraph.com

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