Cryptocurrency Analysis and News Portal
●Bitcoin (BTC): $42228, −0.61% ●Ether (ETH): $2900, −0.32% ●S&P 500 daily close: $4402, −0.38% ●Gold: $1873 per troy ounce, +1.76% ●Ten-year Treasury yield daily close: 2.00% Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CryptoX Bitcoin Price Index (XBX); Ether is the CryptoX Ether Price Index (ETX);
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Bitcoin's volatile price means it is unlikely to be adopted as an inflation hedge by investors in developed countries. Original Source
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Instead, on any economic or financial question, there are nearly always a large number of moving parts – including elements even professionals may be completely unaware of. Predicting the future depends on picking the right moving parts to focus on. For bitcoin, at least for now, inflation doesn’t seem to
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Welcome to The Daily Forkast, December 10 2021, presented by Megha Chaddha. On today’s show: Hong Kong-based Animoca Brands announces equestrian joint venture with Aquis to create equestrian related metaverse products, games and NFTs. Shiba Inu community still hurting following Bitmart hack. Finally, could blockchain technology offer an interesting inflation hedge option? We’ll have
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Wu Blockchain, a Chinese crypto reporter, tweeted that 97,477 ETH was transferred from the cryptocurrency exchanges FTX, Binance and Coinbase to a wallet marked by Nansen as belonging to Three Arrows Capital. Nansen, a blockchain analysis firm, confirmed the data to CryptoX. Source
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Bitcoin (BTC) was created in the aftermath of the 2008 financial crisis and planned to solve the problems created by loose monetary policies. The cryptocurrency’s creator, Satoshi Nakamoto, said in late 2008 that the cryptocurrency’s supply increases “by a planned amount” that “does not necessarily result in inflation.”The cryptocurrency’s inflation
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Ethereum's native token Ether (ETH) plunged alongside other cryptocurrencies on Dec. 4. Still, its move downside did not deter it from hitting a three-year high against Bitcoin (BTC), the world's leading crypto by market capitalization.The ETH/BTC exchange rate jumped a little over 11.50% to hit 0.0835 BTC for the first
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Almost half of retail investors in Russia believe that cryptocurrencies like Bitcoin (BTC) are a hedging asset associated with stable income, according to a new survey.Financial publication Investing.com has polled 1,000 Russian retail investors to find out the most requested types of alternative investments.According to a survey of 1,000 Russian
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Two Sigma, the technology-focused hedge fund based in New York, is looking to hire a Crypto Operations person to help build out the firm’s emergent cryptocurrency trading business, according to a recent job posting.The open position to Join Two Sigma Securities’ crypto trading business is based in London.“We are seeking
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Singaporean central bank Monetary Authority of Singapore (MAS) has ramped up efforts to research and develop a central bank digital currency (CBDC) for retail use under the Project Orchid initiative. According to MAS managing director Ravi Menon, Singapore’s retail CBDC will be developed in partnership with private entities, which “would be
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