Cryptocurrency Analysis and News Portal
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
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Place/Date: - December 23rd, 2022 at 2:06 pm UTC · 3 min read Source: Snowfall Protocol Most cryptocurrencies have failed to perform as expected in 2022. The bear market hit hard making coins like Solana (SOL) and Aptos plummet. Investors have been left with no choice but
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Despite the ongoing cryptocurrency bear market, investors have been increasingly looking at Bitcoin (BTC) as a safe haven, a new study suggests.The rise in the correlation between Bitcoin and gold (XAU) is one of the major indicators demonstrating investors’ confidence in BTC amid the ongoing economic downturn, according to digital
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Institutional investors have been a big part of the crypto market ever since they started investing in the market. Just like every other investors, institutional investors are not immune from the wild price fluctuations that characterizes the crypto market. This has resulted in big money looking for safe havens to
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The crypto bloodbath continues to rage on, as bitcoin drops 13%, although to a lesser degree than what was experienced last week. Due to this, there have been several migration patterns recorded in crypto investors as they look for the best safe haven. The first had been the flight to
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To the chagrin of many Golden Visa seekers, Portuguese Finance Minister Fernando Medina has confirmed that his country will begin taxing cryptocurrency but has not committed to a date.The move to start taxing crypto was seconded by Secretary of State for Tax Affairs António Mendonça Mendes on May 13 according
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