‘Investable universe’ of crypto is narrowing: NYDIG

NYDIG reports that the "investable universe" of cryptocurrencies is shrinking, with a significant decline in the number of viable investment options. The firm highlights that many digital assets are struggling with regulatory challenges and market volatility, leading to a consolidation in the sector. As a result, investors are increasingly focusing on a smaller selection of cryptocurrencies that demonstrate stronger fundamentals and regulatory compliance. NYDIG emphasizes the importance of due diligence in navigating this evolving landscape, as only a few assets may emerge as long-term winners.

Read the full article: Coin Telegraph

Read more