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” Crypto’s downturn is about more than the macro environment “ If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want to read more News articles, you can…
” Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says “ The stock market’s movements in the next few weeks will be critical for determining whether we are heading towards a short-term recession or a long term-one, according to forex trader and crypto analyst Alessio Rastani. During the October-December 2022 period, the…
” 20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow “ Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets over the past three weeks has shown that the expression still rings true. May 20 has…
” $1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus “ The cryptocurrency market has lost $1.9 trillion six months after it soared to a record high. Interestingly, these losses are bigger than those witnessed during the 2007’s subprime mortgage market crisis — around $1.3 trillion, which has prompted…
” Bitcoin beats owning COIN stock by 20% since Coinbase IPO “ Buying a Coinbase stock (COIN) to gain indirect exposure in the Bitcoin (BTC) market has been a bad strategy so far compared to simply holding BTC. Notably, COIN is down by nearly 50% to almost $186, if measured from the opening rate on…
” Crypto-related stocks jump in positive reaction to executive order “ The stock prices of crypto-related companies have jumped as the broader market reacted positively to President Joe Biden’s long-awaited executive order requiring US federal agencies to create a regulatory framework for digital assets, as well as exploring a future digital dollar. Coinbase (COIN) surged,…
” Ethereum’s TVL dominance drops to 55% as Bloomberg analyst paints $1.7K bearish target “ Another big drop in the U.S. stock market could leave Ethereum’s native token Ether (ETH) in a similar downside spell, according to the latest Bloomberg report on digital assets. Ethereum faces global recession risks Mike McGlone, the senior commodity strategist…
“# IMF: Bitcoin matured to ‘an integral part of digital asset revolution’ ” Crypto is no longer an obscure asset class within the financial ecosystem, but a growing correlation with the stock market undercuts the “investment hedge” role of Bitcoin (BTC) and other cryptocurrencies, according to new International Money Fund (IMF) research. A blog post accompanying…
“# BTCS stock jumps 44% after announcing first-ever dividend payable in Bitcoin ” On Jan. 5, Nasdaq Composite logged its biggest daily loss since February last year. But for one of its listed companies, the day turned out to be extremely bullish. Blockchain stock soars The share value of BTCS Inc. (BTCS), a blockchain technology…
“# What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row ” Bitcoin (BTC) may be down over 30% from its record high of $69,000, but it has emerged as one of the best-performing financial assets in 2021. BTC has bested the U.S. benchmark index, the S&P 500, and the…