Auto Added by WPeMatico

Bitcoin’s Correlation With TradFi Markets is Increasing, What Does This Mean?

The ongoing turmoil in the Japanese and United States stock markets has triggered heightened volatility in the crypto space. This highlights the interconnectedness of global markets and Bitcoin’s growing correlation…

Continue ReadingBitcoin’s Correlation With TradFi Markets is Increasing, What Does This Mean?

Crypto Investment Products Saw Outflows of $528M Weekly as US Recession Fears Grow: CoinShares

Ethereum investment products experienced net outflows of $146 million globally last week, largely due to $169.4 million in outflows from US spot Ethereum ETFs. This figure masks $430 million in…

Continue ReadingCrypto Investment Products Saw Outflows of $528M Weekly as US Recession Fears Grow: CoinShares

Almost Nobody Holding Cardano (ADA) is in Profits Following Today’s Crypto Crash: Data

TL;DR Cardano (ADA) reached a nine-month low price, leaving many investors in losses (as of the moment). Input Output introduced a partner chains toolkit to enhance security, though ADA’s price…

Continue ReadingAlmost Nobody Holding Cardano (ADA) is in Profits Following Today’s Crypto Crash: Data

Brace for Impact: ‘The Real Decline’ Could Start During US Market Hours (CryptoQuant)

Although BTC and most altcoins have charted double-digit losses over the past 24 hours, CryptoQuant’s analysts warn that there might be even more volatility in the following hours as the…

Continue ReadingBrace for Impact: ‘The Real Decline’ Could Start During US Market Hours (CryptoQuant)