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In the past month, Connors noted, the value of the largest crypto by market cap has risen by over 20% compared to gold, up by about 8%, and U.S. 10-year Treasury bonds, which have decreased by 4.3%. In the last two weeks, the bitcoin price rose by about 15%, to
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Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat. Source
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"Since the dip on March 10, Bitcoin has rallied by +44%. +31% of the rally was driven during the U.S. trading hours, and an indicator that Americans are buying bitcoins with both hands," Markus Thielen, head of research and strategy, said in a note to clients, adding that the stress
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Amid all the chaos around multiple bank runs in the United States, Cathie Wood, CEO of asset management firm ARK Invest, said cryptocurrencies acted as a safe haven amid the ongoing banking crisis in the United States. She blamed the recent downfall of the likes of Silicon Valley Bank (SVB),
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Place/Date: - January 14th, 2023 at 10:36 am UTC · 3 min read Source: HedgeUp The most exciting thing about cryptocurrency investments is that they skyrocket in value when they explode. In 2021, we saw Solana increase in value by more than
Read MoreBitcoin (BTC) “could not be more uncorrelated” with the stock market, Anthony Pompliano says as data shows that BTC is leaving macro assets behind.In a series of tweets on Oct. 26, the Morgan Creek Digital co-founder, also known as “Pomp,” took critics to task over their accusations that Bitcoin was
Read MoreThe rapid growth in decentralized finance and yield farming is likely to attract greater regulatory attention according to a recent report.A joint research paper by global management consulting firm BCG Platinion and Crypto.com has indicated that the rapid growth in DeFi in 2020 has created the potential for money laundering
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