Cryptocurrency Analysis and News Portal
Over the last day, the majority of the crypto market has been rallying alongside Bitcoin. But Dogecoin seems to have a mind of its own as it has gone in the opposite direction. The meme coin started out Thursday with a decline, which follows the trend of DOGE deviating from
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Analysts have criticized the new ‘de-risking’ strategy that the U.S. is currently using against China, explained by U.S. National Security Advisor Jake Sullivan in April, clarifying that national security was over economic costs. These de-risking policies might affect bilateral trade, which fell by 11.2% to $217.9 billion during the first
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The decoupling of ether (ETH) and Lido Finance’s staked ether (stETH) is not equivalent to the breaking of the link between terraUSD (UST) and the dollar, and isn’t an example of a stablecoin collapse, according to CoinShares. Source
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When will the Decoupling of bitcoin and the stock market happen? Maybe soon (but probably not). Source
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A potential decoupling scenario between Bitcoin (BTC) and the Nasdaq Composite can push BTC price to reach $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital.Bitcoin outperforms tech stocksDemeester depicted Bitcoin's growing market valuation against the tech-heavy U.S. stock market index, highlighting its ability to break out
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The developing narrative of ether and alternative cryptocurrencies, or altcoins, decoupling from bitcoin in an adverse macro environment went up in smoke on Friday as a sell-off in stocks and the largest cryptocurrency caused extensive damage to the broader crypto market.Bitcoin fell to a five-month low of $38,300 during the
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The United States federal government’s default on its debt has been averted — at least for now. On Oct. 7, the Senate voted to increase the debt limit by $480 billion, a sum needed for the world’s biggest borrower to keep paying off its obligations until early December.The deal secured
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During the second presidential debate in 1992, candidate Ross Perot warned of a “giant sucking sound” of jobs leaving the United States for Mexico if the North American Free Trade Agreement (NAFTA) was to enter into force. This past year, you may have heard a giant decoupling sound as the
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Bitcoin is on track of further price appreciation as it decouples from a classic positive correlation with tech
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Bitcoin price has rallied more than $300 intraday, meanwhile, the S&P 500 has fallen almost ten basis points
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