Bitcoin’s Correlation With Stocks Nears Yearly Low
Bitcoin has slowly begun to decouple from equities, now nearing its lowest correlation with the stock market in 2022. A 40-day correlation coefficient between Bitcoin and the Nasdaq 100 index…
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Bitcoin faces fresh pressure as US dollar crushes gold, risk assets
BTC/USD falls $1,000 while spot gold gives up 2% as USD strength intensifies, beating the year's previous peaks.
Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?
Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin.
Can Cardano’s July hard fork prevent ADA price from plunging 60%?
ADA's price is above a key technical support level in the days leading up to the major Cardano upgrade.
Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions
Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are…
XRP price rally stalls near key level that last time triggered a 65% crash
Macro risks and a long-term bearish setup continue to spoil XRP's bullish prospects.
Blockchain Firm Roxe to Go Public Via a $3.6 Billion SPAC Deal (Report)
The blockchain-based payments company – Roxe Holding – reportedly struck a $3.6 billion SPAC deal with Goldenstone Acquisition Ltd to become a publicly-traded enterprise with a ticker symbol “ROXE.” NASDAQ’s…
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However,…
Bitcoin price action decouples from stock markets, but not in a good way
Conflicting Bitcoin derivatives data shows leverage traders bullish, while pro traders fear a deeper correction below $29,000.
While Stocks Rebound, Analysts Discuss Bitcoin’s Decoupling, Gold Markets Remain ‘Under Pressure’
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes rebounded after falling for nearly eight weeks…
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