Cryptocurrency Analysis and News Portal
The CoinDesk Bitcoin Cash Price Index (BCX) is the world’s leading reference for the price of bitcoin cash (BCH), used by the largest institutions that are active in the crypto market. Asset allocators, asset managers, market participants and exchanges all rely on the BCX to provide a real-time, USD-equivalent spot
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Galaxy Digital and Bloomberg tie up to launch the Bloomberg Galaxy DeFi Index. Launching the DeFi-Focused Index The rise of decentralized finance (DeFi) as a force within the wider crypto industry cannot be overlooked. According to a press release issued on August 19, Galaxy Digital has partnered with Bloomberg to expand its
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Vietnam, India and Pakistan are leading the world in terms of cryptocurrency adoption, underscoring the resilience of peer-to-peer monetary systems in emerging economies.Chainalysis’ 2021 Global Crypto Adoption Index evaluated 154 countries based on three key metrics: on-chain cryptocurrency value received, on-chain retail value transferred and peer-to-peer exchange trade volume. Each
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A recent run-down in the United States Dollar Index (DXY) stopped midway as investors awaited U.S. job data for a guide on the viewpoint for interest rates. Meanwhile, Bitcoin (BTC) moved inversely to the greenback.The DXY rose to its intraday high of 92.195 on Wednesday, up 0.45% from its Friday
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In the past two decades, index and exchange-traded funds (ETF) have become some of the most popular forms of investing because they offer investors a passive way to gain exposure to a basket of stocks as opposed to investing in individual stocks which increases risk of loss. Since 2018, this trend
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The US Consumer Index has risen by 5.4% in June from a year ago This increment is the highest annual rate increment since August 2008 The US consumer is paying more for goods and services as inflation bites News of the increased Consumer Index has caused Bitcoin to once again lose its $33k
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The Crypto fear/greed index has dropped to 30These levels were last witnessed in April 2020 after the Coronavirus crash of March 2020Such a low level could be a sign that it is time to buy the dipBitcoin’s sentiment is also at its lowest since September 2020However, caution is advised when
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Quick take:The Bitcoin Korea Premium Index has just hit a one-year high of 11.97$%Also known as Kimchi Premium, it tracks Bitcoin’s value on S. Korean exchanges relative to othersThe index is known to sometimes foreshadow a major Bitcoin price moveBitcoin conquering $60k will open the doors to $64k and beyondThe
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