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ECB: High Correlation Casts Doubt Over Crypto’s Usefulness in Portfolio Diversification

Amid fears of recession and rising inflation, the cryptocurrency industry witnessed the entry of many new participants who bought digital assets to diversify portfolios. But the latest declines are hitting…

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Polkadot Partners With Frank McCourt’s Project Liberty to Democratize Social Media Data

Leading interoperability blockchain network Polkadot has partnered with Frank McCourt’s Project Liberty on the first implementation of the latter’s Decentralized Social Networking Protocol (DSNP). Democratizing Social Media Data According to…

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After Predicting $400K Bitcoin, Guggenheim Now Sees a Crash to $8K

With the price of bitcoin currently below $30,000, Scott Minerd, the chief investment officer of global investment giant Guggenheim Partners, believes BTC’s value could further dip to $8,000. Bitcoin Price…

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13% of Unbanked Americans Haved Used Cryptocurrency For Payments And Transfers, FED Survey Finds

Cryptocurrencies have become a relevant topic for the FED. Ths is the first time they are included in one of its surveys to better understand adult consumers’ experiences with emerging…

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Luxury Fashion House Balenciaga Accepts Payments in BTC and ETH (Report)

The French fashion brand – Balenciaga – will reportedly embrace cryptocurrencies as a payment method for its products. Initially, the offering will be available at the firm’s US shops on…

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