Tag: FOMO

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Crypto FOMO Will Be Huge Investment Driver, Regulatory Clarity Expected in 2022, Says Blockfi Executive

An executive with Blockfi says that “this year has been a huge year for mainstream consumer demand into crypto.” Noting that fear of missing out (FOMO) will be a huge driver for investors, the executive expects some regulatory clarity next year. Crypto FOMO Will Drive Investments in 2022 Flori Marquez, Blockfi’s co-founder and senior vice…
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Obscure Omicron token spikes 900% after new variant emerges

FOMO has grabbed hold of crypto speculators who have been loading up on Omicron tokens following the WHO’s naming of the latest COVID-19 variant. A relatively obscure cryptocurrency called Omicron (OMIC) has surged to an all-time high today as a new fast-spreading COVID-19 variant got christened with the same name. Omicron’s OMIC token hit an…
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Crypto FOMO: Australia’s Largest Bank Sees ‘Bigger Risks in Not Participating’ in Crypto

The CEO of Commonwealth Bank of Australia (CBA), the country’s largest bank, sees big risks in not participating in cryptocurrency. “We see risks in participating, but we see bigger risks in not participating,” he explained. Crypto FOMO, Banks Need to Get Involved, Says CEO of Commonwealth Bank Commonwealth Bank of Australia CEO Matt Comyn talked…
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Early Bitcoin dev misses out on $1.3B after selling too soon

“I’d be a billionaire now if I hadn’t sold the 55,000 bitcoins I mined on my laptop in 2009-2010 way too early.” Martti Malmi, one of the earliest Bitcoin developers and also known as Sirius, has explained what happened to his once massive crypto holdings since 2009.  According to a Friday Twitter thread from the…
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‘Extreme greed’ and FOMO taking hold as BTC nudges $16K

Bitcoin has powered to its highest price since early 2018 as the buying frenzy continues. Bitcoin has just powered up to its highest price since January 8, 2018, knocking on the door of $16,000 as FOMO grips the markets once again. In a move upwards that has added more than 12% over the past 24…
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Analyst Predicts Ethereum 2.0 Staking Will Trigger a Bull Run

Some crypto analysts and experts believe the ETH 2.0 revamp will transform DeFi and trigger a major bull run. With the first phase of Ethereum 2.0 due to launch within months, some analysts and experts believe it could trigger a major bull run and transform finance as we know it.  Adam Cochran, a partner at…
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