Wednesday, October 21, 2020
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Bitcoin-Gold Correlation Hits Record High as Institutions Buy Crypto

The bitcoin-gold correlation has hit record levels, according to data from The Daily Shot, CoinMetrics, and skew.The correlation is being driven by economic and stock market turbulence, with institutional investors increasingly treating bitcoin as a haven hedge against inflation.Correspondence between gold and bitcoin prices will last for as long as

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Institutions Bearish, Retail Bullish: Will the S&P 500 Correct Lower?

Institutions Bearish, Retail Bullish: Will the S&P 500 Correct Lower? CCN.com - News and Op-Eds for The Next Generation Economists believe institutions could trigger a sharp selloff in the stock market following the S&P 500's meteoric run. Are they correct? Institutions Bearish, Retail Bullish: Will the S&P 500 Correct Lower? CCN.com -

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Crypto Tidbits: Twitter’s “Bitcoin Scam,” Elon Musk & Dogecoin, Institutions Want BTC & ETH

Another week, another round of Crypto Tidbits. It’s been another boring week for Bitcoin. This may sound like a broken record at this point, but it’s true. As the chart below shows, the leading cryptocurrency has again been stuck in the low-$9,000s for days on end, failing to react to news events

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Institutions are Pouring $57.8M into Bitcoin Each Week, New Report Reveals

Bitcoin’s price has been stagnant for the past few months, but this hasn’t stopped institutions from pouring money into the benchmark digital asset. According to a new report from Grayscale, the company has been seeing massive institutional inflows into its BTC Trust, averaging at $43.8 million per week throughout the first

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Bitcoin Futures Premium Shows That Institutions are Bullish on BTC

Bitcoin futures have seen a rising premium over spot BTC in recent months, which seems to indicate that traders are bullish on the benchmark cryptocurrency.This premium is particularly clear while looking towards the CME – which seems to indicate that professional traders and institutions are particularly bullish on BTC at

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Record Bitcoin Options Market Volume Shows Institutions Keen on Crypto

A CryptoCompare report published on July 6 has closely analyzed monthly trends in the cryptocurrency exchange market and found that crypto derivatives volumes have begun to taper off after peaking this May. Crypto derivatives volumes dropped 35.7% in June to $393 billion.Historical Monthly Derivatives Volumes. Source: CryptoCompareThe overall trend which

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