Bitcoin Acting as a “Central Bank” Hedge Amid Macro Uncertainty: Gold Correlation Increases
Bitcoin's correlation with gold has increased to 0.50, up from around zero in mid-August.
BTC$63,968.00-0.68%
ETH$1,732.09-0.17%
USDT$0.9987-0.01%
USDC$0.9997-0.01%
XRP$1.13-1.49%
SOL$73.53-0.16%
TRX$0.3278+0.57%
FIGR_HELOC$1.03+0.00%
HYPE$65.79-5.40%
DOGE$0.083-0.59%
USDS$0.9997+0.01%
RAIN$0.0144-0.30%
LEO$9.58-0.09%
ZEC$443.35-5.52%
XLM$0.2109-2.24%
BTC$63,968.00-0.68%
ETH$1,732.09-0.17%
USDT$0.9987-0.01%
USDC$0.9997-0.01%
XRP$1.13-1.49%
SOL$73.53-0.16%
TRX$0.3278+0.57%
FIGR_HELOC$1.03+0.00%
HYPE$65.79-5.40%
DOGE$0.083-0.59%
USDS$0.9997+0.01%
RAIN$0.0144-0.30%
LEO$9.58-0.09%
ZEC$443.35-5.52%
XLM$0.2109-2.24%
When deciding whether to buy an asset, institutional investors must determine its value. However, there is much debate on how to do this with crypto assets.
Bitcoin's correlation with gold has increased to 0.50, up from around zero in mid-August.
The non-binding resolution on crypto taxation in Europe was passed with 566 votes in favor, and 7 against on October 4th.
More than 12,100 cryptocurrencies have periods of no trading volume amid 2022's bear market, according to data provider Nomics.
Eight states sued the crypto lender Nexo for allegedly offering unregistered securities and misleading investors that the company was in compliance with state laws.
Moscow Stock Exchange is working on a bill that would enable it to start listing digital assets.
UK brings a new bill to Parliament aiming to “seize, freeze and recover cryptoassets” used by organized criminals to launder profits from fraud, drugs, and cybercrime.
Alexei Moiseev of Russia’s Ministry of Finance, announced that his department made an agreement with the country’s Central Bank on a bill that would enable cross-border…
The Treasury inquired the public on how it should handle crypto-related crime, help provide safe and affordable financial services, and promote innovation.
Following a lengthy investigation, Sparkster agreed to pay $35 million to investors that participated in the ICO and destroy all of its remaining SPRK tokens.
A crypto-influencer and Youtuber, Ian Balina, faces charges from the SEC over a $30 million token offering from Sparkster conducted in 2018.
Bitcoin and Ethereum tanked again Monday as the markets brace for the Fed's policy meeting tomorrow.
Today the SEC continued its hunt for companies that illegally raised money through unregistered initial coin offerings by going after Chicago Crypto Capital.