Joining the ranks: Bitcoin’s correlation with gold and stocks is growing
BTC used to be an uncorrelated asset, but that’s no longer the case. What can gold and stocks suggest about...
Month: June 2021
Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals
Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital...
Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until...
Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst
Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows....
Bitcoin pinned below $38K as investors stash record $756 billion with Fed
Bitcoin bulls ducked for cover as the Federal Reserve started paying interest rate returns on cash deposits via its reverse...
Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level
Another slight decline sees Bitcoin at a crossroads as sellers erode a major exchange buy wall. Bitcoin (BTC) broke through...
Motor Team McLaren Racing Partners With Tezos to Build NFT Platform
On Thursday, McLaren Racing announced the British motor racing team selected Tezos as the organization’s official partner across the Indycar...
Nifty News: Hot Wheels, NBA game ticket NFTs and Crypto.com invests in eBay for NFTs
Crypto.com has invested in a multichain NFT marketplace start-up, Hot Wheels are set to be tokenized, and you can now...
Mark Cuban calls for stablecoin regulation in wake of Iron Finance ‘bank run’
After a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define...
Mark Cuban Hit by Iron Finance Token Crash, Calls for Defi Regulation
Billionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins...
Traders search for bearish signals after Bitcoin futures enter backwardation
Analysts search for bearish signals after the June BTC futures trade below spot exchange pricing. An unusual phenomenon called 'backwardation'...
Iron Finance Token Slides From $64 to Near Zero Following ‘Large-Scale Crypto Bank Run’
The Iron Titanium token (TITAN) value has quaked a great deal after the project suffered from what the team called...
As NFT market cools, a chance to learn lessons from its explosive growth
What’s next for the NFT industry? Now the heat has escaped the market, there’s an opportunity to tackle some of...
Bulls aim to reclaim $40K ahead of Friday’s $520M BTC options expiry
Bulls will eliminate 99% of the bear’s protective puts if BTC trades above $40,000 on June 19. Bitcoin (BTC) bulls...
Bitcoin slips below $39K as Fed sends gold to 6-week lows
It's been a bad 24 hours for the precious metal, which shed $100 per ounce thanks to the Fed's outlook....
