Bitcoin Cannot Remain Indifferent to Dollar Index for Long: Analyst
U.S dollar index's fate impacts global liquidity conditions, which, in turn, influences risk assets, including cryptocurrencies. Source
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Marex Unveils Volatility-Adjusted Long Strategy Tied to Bitcoin (BTC), Ether (ETH)
While crypto propounders hail bitcoin as a safe haven asset, the empirical evidence suggests otherwise, with the top cryptocurrency chalking out major rallies during sustained weakness in the U.S. dollar. The dollar, meanwhile, remains a hedge against systematic uncertainty, acting as a haven during times of stress in both crypto
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Bitcoin (BTC) Prices Are Hot, but Here’s What Could Crush the Rally: Crypto Long & Short
We’re starting today’s column where we left the last, asking: Will macroeconomic narratives subside? The answer may ultimately be a bit nuanced. Macro factors will always play a role, but some key issues have been occurring in a relatively predictable fashion, especially as they relate to inflation. Source
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First Mover Asia: Bitcoin Holds Above $30.5K at the End of a Quiet, Long Weekend
PLUS: Dismissing the very real prevalence of Ponzi schemes in GameFi isn't a good look for Web 3. Source
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Sudden Crypto Volatility Spurs $216M in Losses, Liquidating Both Long and Short Positions
Cryptocurrency prices rose early Friday but then dropped sharply following a report that the SEC had deemed recent spot BTC filings inadequate. Original Source
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Binance.US solves USD withdrawal issues but warns it won’t last long
U.S. crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last.The reportedly independent subsidiary of crypto exchange Binance told customers in a June 22 update that its system remains fully operational and that
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Banning crypto ‘may not be effective in the long run’ — IMF
The International Monetary Fund (IMF) has reiterated its calls for crypto regulation across certain countries but said an outright ban may not be the best approach.In a June 22 report on Latin America and the Caribbean, the IMF pointed to various approaches taken by local governments in addressing the adoption
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‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows
Altcoins offer diverse, innovative features, promising technological advancements, and potentially lucrative investment opportunities.Many-a-time specific altcoins post handsome gains that surpass Bitcoin (BTC), popularly known as altcoin season. However, K33 Research analysis shows over the long-term, ‘Bitcoin only’ has been a better investment strategy than an altcoin portfolio.Altcoin portfolio underperformed Bitcoin
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Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, FCA’s Matthew Long Says
The U.K.’s strict crypto financial promotions rules will come into effect on Oct. 8, according to a report the FCA published on Thursday. Under these rules, crypto will be categorized as a “restricted mass market investment,” and will require adverts on crypto to have clear risk warnings. What’s more, incentives
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First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds
PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem. Original Source
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