Market Analysis
Bitcoin’s Correlation to Gold Increases as Crypto Rally Continues
Bitcoin's correlation with gold is strengthening as it decouples from US stocks.
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Bitcoin
Market Analysis
Bitcoin Funds Record Sixth Consecutive Net Outflow Week Despite Market Rally
Digital asset investment products saw another week of net outflows despite crypto market rally.
Banking
Bitcoin Up 9.5% Amid Banking Crisis in US, Breaks Through $24,000
For the first time in a major bank run, Bitcoin exists as a ready-to-go solution.
Policy
BTC Dips 6% as First Hearing Offers Divided Digital Assets House Committee
The day of the first hearing of the Subcommittee on Digital Assets saw the crypto markets drop significantly with Bitcoin falling to its 7-week low.
NFTs
358k Ordinals Inscribed On the Bitcoin Blockchain as Average Block Size Surges
Since January, more than 358,000 Ordinals have been inscribed to the Bitcoin network, bringing over $1.5 million in fees for miners.
Crypto
Digital Asset Funds Record Net Outflows for 4th Week Amid Uncertainty
Digital asset funds saw $17 million in net outflows last week as regulatory pressure continues to weigh on investor sentiment.
Crypto
South Dakota Draft Bill Classifies CBDC as Money, Excludes Crypto
Club for Growth, a leading conservative organization, has asked the South Dakota Governor to veto the bill.
Market Analysis
Value Stocks Likely to Outperform Growth in New Marco Regime: BlackRock
Atypical macro environment puts value stocks ahead of growth stocks, according to BlackRock's outlook.
NFTs
Yuga Labs Introduces Its First 300-Strong Bitcoin NFT Collection
At the tail-end of February, Yuga Labs announced its first Bitcoin NFT collection TwelveFold.
Market Analysis
What to Expect from the Fed After January PCE Overshoots Forecast
What can the Fed do in a sticky inflation situation?
Market Analysis
Block Reports $47M Impairment Loss on Bitcoin Investment For 2022
While Block managed to beat expectations in most categories in Q4, its Bitcoin operations continued their decline.
Policy
Montana Protects Right to Mine Bitcoin in a Landslide Vote
The Montana State Senate voted 37-13 in favor of a bill protecting the rights of Bitcoin miners.
Crypto
Ethereum Has Outperformed Bitcoin Since July 2022, Up 61%
The current crypto market rally seems to be caused by internal forces.