Bitcoin crash a wake-up call for risk-loving Kiwi investors
Speculative crypto trading poses a major headache for regulators, with most novice buyers dipping their toes into the markets without basic trading knowledge. According to Blockchain data analytics firm Glassnode, newer investors and short-term holders led the recent bout of crypto panic-selling, crystallising their losses after buying in at the top. Unsplash The wild swings in bitcoin value are another reminder of crypto’s hyper-volatility. New Zealand regulators remain on alert as crypto becomes part of the mainstream investment conversation. But they are limited to giving broad guidan...