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“Relative to other assets, the risk vs. reward (or upside vs. downside) of crypto looks much better relative to other asset classes,” said Solo Cessay, co-founder of social app Calaxy, in a note to CryptoX. “Crypto looks like it has the best upside vs. downside potential, given the current asset
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A popular crypto YouTuber known as Crypto Banter recently discussed how potentially fake news around a Bitcoin spot ETF approval caused a pump and dump in the Bitcoin price. In a video posted on Oct. 16th, the host explained that news circulated early in the day that the SEC had approved
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The demand for ETF news is clear enough — as Blockworks reported, the Binance BTC/USDT market, which accounts for 8% of bitcoin daily trading volume, saw a 7% candle roughly 30 minutes after an unsourced, unproven tweet about BlackRock’s approval was posted. Mind you, this is in an industry that
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Financial giants including BlackRock and Fidelity are looking to launch a bitcoin investment vehicle for people who do or cannot hold bitcoin directly. Source
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The options market is growing and resilient, even outperforming futures, which has been sluggish. Amid this, Neo (NEO) and InQubeta (QUBE), the artificial intelligence (AI)-inspired project, remain bullish. This article examines the fundamentals and unique value propositions of Neo and InQubeta, exploring factors that contribute to their bullish outlook, making them altcoins
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A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.“I wouldn’t say the NFT market has regressed,“ Decentraland Foundation executive director Yemel Jardi told Cryptox. “Rather, it’s maturing."Jardi’s comments come
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On-chain data shows Bitcoin has failed in its latest retest of a historically significant metric, a sign that a bearish trend might
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Following the attack by Hamas on Israel on October 7, traders initially priced in a $3 to $4 risk premium when oil markets opened. The International Energy Agency (IEA), known as the world’s leading energy regulator, has recently warned that the global energy market is likely to remain volatile as the
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This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday. China’s sovereign wealth fund, Central Huijin Investment Ltd, has
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CEO and Co-founder of leading blockchain analytics firm Nansen.ai, Alex Svanevik, shares six themes he believes will play a role in the future of cryptocurrency. As part of this list, he shares insights on tokenized T-bills, SocialFi, Physical NFTs and the continued emergence of Web3 games. Shifting focus Over the course of the
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