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Long-Term Correlation Between Bitcoin and Wall Street Waned as BTC Has Better Returns (Report)

Prior to the pandemic, Bitcoin appealed to many as an inflationary hedge due to its low (near zero) correlation with traditional assets such as stocks. However, in recent times, the…

Continue ReadingLong-Term Correlation Between Bitcoin and Wall Street Waned as BTC Has Better Returns (Report)

Bitcoin Correlation to Wall Street Persists, Market Calms Down Following Terra Demise: This Week’s Crypto Recap

In the wake of Terra’s devastating collapse, the cryptocurrency market is taking a shot at recovery. In the past seven days, the total capitalization is up to $1.350 trillion, gaining…

Continue ReadingBitcoin Correlation to Wall Street Persists, Market Calms Down Following Terra Demise: This Week’s Crypto Recap

The High Bitcoin and Ethereum Correlation With Wall Street Continues

The past several weeks have been quite the negative turmoil for the cryptocurrency market, as it all started at the end of March. Interestingly, this coincides with a similar drop…

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Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’

Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage…

Continue ReadingPeter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’

Medici LA 22: Report Investigates a Secret, Invitation-Only Crypto Event Held in Beverly Hills

According to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA 22” event. The exclusive cryptocurrency gathering took place under the…

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While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter

Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve…

Continue ReadingWhile Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter

Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding

Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars…

Continue ReadingReport: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding

Terra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?

Macro, technicals, and uncertainties concerning Terra's LUNA-burning mechanism could push price further down in April.

Continue ReadingTerra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?