Burning – Coin Network News https://coinnetworknews.com If it's coin, it's news. Thu, 27 Apr 2023 04:04:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 Tradfi Market Participants See Opportunity in Crypto Investing Despite ‘Red Wedding,’ Burning Buildings https://coinnetworknews.com/tradfi-market-participants-see-opportunity-in-crypto-investing-despite-red-wedding-burning-buildings/ https://coinnetworknews.com/tradfi-market-participants-see-opportunity-in-crypto-investing-despite-red-wedding-burning-buildings/#respond Thu, 27 Apr 2023 04:04:24 +0000 https://coinnetworknews.com/tradfi-market-participants-see-opportunity-in-crypto-investing-despite-red-wedding-burning-buildings/

The digital asset ecosystem is broader and deeper than in the past, Tapiero said, and assets have lower correlations to bitcoin itself. Despite asserting that “I’m not hearing anyone say that Bitcoin is going to zero,” he said the existence of uncorrelated digital assets gives institutions the opportunity to expand beyond bitcoin, such as investing in discounted altcoins and tokens.

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]]> https://coinnetworknews.com/tradfi-market-participants-see-opportunity-in-crypto-investing-despite-red-wedding-burning-buildings/feed/ 0 Klaytn Foundation Proposes Burning 5.28B KLAY in Tokens Overhaul, Cutting Token Supply by Nearly 50% https://coinnetworknews.com/klaytn-foundation-proposes-burning-5-28b-klay-in-tokens-overhaul-cutting-token-supply-by-nearly-50/ https://coinnetworknews.com/klaytn-foundation-proposes-burning-5-28b-klay-in-tokens-overhaul-cutting-token-supply-by-nearly-50/#respond Wed, 22 Feb 2023 08:52:20 +0000 https://coinnetworknews.com/klaytn-foundation-proposes-burning-5-28b-klay-in-tokens-overhaul-cutting-token-supply-by-nearly-50/
The proposal includes short-term tokenomics improvements: from the initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY, or approximately 48% of the current total KLAY supply.

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