13 Days
Source:
الاقتصادية
Crypto Develops Hybrid Tools to Address Liquidity Crisis
Crypto wallet companies faced significant challenges due to the decline in digital currency prices and a sharp drop in their stocks, prompting them to develop high-risk financial instruments like "Stretch," which combine features of stocks and debts and offer fixed returns of up to 11.5% per month. Despite these innovations, the market is experiencing saturation, with Bitcoin's value decreasing by 32% over the past year, and the share prices of affiliated companies falling between 30% and 83%, forcing some firms to sell their crypto assets and revert to their original business models.
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