Bitcoin enters Wall Street
Recognition of’digital assets’
Investment or speculation
Still controversial
The volume of domestic cryptocurrency (virtual currency) transactions has grown to a level far exceeding the securities market.
According to CoinMarketCap on the 21st, the daily transaction value of 14 domestic cryptocurrency exchanges that support KRW trading was totaled at 18,785.5 billion won (at 2 pm). It increased 30.1% from a week ago (14,439.2 billion won). As of this month, the average daily trading value in the securities market is 15,352.5 billion won. It is difficult to directly compare cryptocurrency with stocks, which are open 24/7, but it shows the hot interest of ants. The monthly app users of Bithumb and Upbit, the two largest cryptocurrency exchanges, soared to 1 million to 1.6 million. It is at the level of being side by side with a large brokerage firm.
The industry is welcoming, saying, “There are many people who are paying attention to digital assets as a new investment destination. However, concerns about high-risk investments represented by’Danta’ and’Bad’ are emerging even inside the industry. Cryptocurrencies lack information that investors can access compared to stocks. Coins that have been delisted (discontinued) due to problems revealed are 14 types of Upbit and 37 types of Bithumb over the past year and a half.
Domestic and foreign economic heads are sending warnings one after another that “the cryptocurrency market is overheated and dangerous.” However, as Morgan Stanley, Black Rock, and Tesla recognized bitcoin as an investment asset,’good news’ continues, and the heat is not cooling down.
Reporter Lim Hyun-woo [email protected]
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