Bitcoin price remains stable above $9,000 as data increasingly points to irrationally optimistic behavior on correlated stock markets.
Bitcoin’s correlation to the S&P 500 has reached a new all-time-high, what does this mean for BTC price?
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility.
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing Confidence in US Dollar Investors are increasingly viewing the U.S. dollar […]
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A turbulent mixture of macro, coupled with expectations of a big move in Bitcoin, could spell an interesting week for traders and holders alike.
The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U.S. initial public offering (IPO) by selling company shares. Since the initial sale on opening day, Ebang’s Nasdaq-listed “EBON” is down 11.5%. So far, the […]
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Stocks and Bitcoin prices could correct sharply if Dr. Anthony Fauci’s dire coronavirus warning plays out.
Bitcoin and gold denominated stock market performance wipes out almost any hint of recovery since March.
Ebang will reportedly get listed on Nasdaq on June 26, hoping to raise $125 million in an initial public offering.
The cryptocurrency bitcoin is trading at an all-time high relative to its social activity, explains the crypto research firm Tie. The analysts at Tie believe the ratio indicates that bitcoin is being driven by institutional trading. Meanwhile, statistics from Google Trends shows the terms “bitcoin” and “buy bitcoin” dropped from the 100 point highs to […]
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