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Bitcoin’s fluctuating correlation with US equities is raising questions about its role as a global safe-haven asset during periods of financial stress. Bitcoin (BTC) exhibited a strong negative correlation with the US stock market when analyzing the short-term, seven-day trailing correlation, according to new research from blockchain data provider RedStone Oracles, shared exclusively with Cointelegraph. …
Continue reading “Bitcoin more of a ‘diversifier’ than safe-haven asset: Report”
Key takeaways Fake crypto investment platforms give themselves away in a few obvious ways. Many use fake reviews, incorrect contact information and unrealistic promises to lure you in. The best approach is a healthy dose of skepticism. Watching for these red flags will keep you safe while investing. The burgeoning cryptocurrency market, with its lack …
Continue reading “How to spot a fake crypto investment platform: 10 red flags”
Key takeaways Fake crypto investment platforms give themselves away in a few obvious ways. Many use fake reviews, incorrect contact information and unrealistic promises to lure you in. The best approach is a healthy dose of skepticism. Watching for these red flags will keep you safe while investing. The burgeoning cryptocurrency market, with its lack …
Continue reading “How to spot a fake crypto investment platform: 10 red flags”
Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, may become the top publicly traded equity one day, according to a Strategy analyst. Strategy will be the “number one publicly traded equity in the entire market” because of its future financial strength enabled with Bitcoin (BTC), Strategy analyst Jeff Walton predicted in the new Financial Times …
Continue reading “Strategy will beat all public equities with Bitcoin, analyst says”
Michael Saylor’s Strategy, one of the world’s largest corporate holders of Bitcoin, could become the top publicly traded equity one day, according to a Strategy analyst. Strategy will be the “number one publicly traded equity in the entire market” because of its future financial strength enabled with Bitcoin (BTC), Strategy analyst Jeff Walton predicted in the new …
Continue reading “Strategy will beat all public equities with Bitcoin, analyst says”
Kazakhstan has the potential to become a leading crypto hub in Central Asia if regulatory restrictions are eased, according to Kanysh Tuleushin, the country’s first vice minister of digital development, innovation and aerospace industry. In a recent op-ed for the Kazakhstanskaya Pravda newspaper, Tuleushin said digital mining and smart policy shifts could position Kazakhstan as …
Continue reading “Kazakhstan to become ‘Central Asia’s crypto hub’ with reforms: Minister”
The US Securities and Exchange Commission (SEC) has pushed back its decision on a proposed spot Solana exchange-traded fund (ETF), with the cryptocurrency industry now looking to the deadlines for the Polkadot and XRP-based ETFs in June. The SEC pushed its decision on listing Grayscale’s spot Solana (SOL) Trust ETF on the New York Stock …
Continue reading “SEC delays Solana ETF as decisions for Polkadot, XRP loom”
High-net-worth clients across Asia are gradually pivoting away from US dollar-based investments, favoring gold, cryptocurrencies and Chinese assets instead, according to financial services giant UBS Group. “Gold is getting very popular,” Amy Lo, the Swiss bank’s co-head of wealth management for Asia, said during Bloomberg’s New Voices event held in Hong Kong on May 13. …
Continue reading “Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS”
Key points: Bitcoin miners have stopped selling their BTC in what may signal the end of a lengthy distribution streak. Over the past month, miner wallet balances have increased by around 2,700 BTC. Hash Ribbons data shows good times continuing for both miners and BTC price strength. Bitcoin (BTC) accumulation by miners is back as …
Continue reading “Bitcoin miners halt sales as BTC gains 20% since hash ribbon 'buy' signal”
Global bank Standard Chartered has beefed up its banking support to the cryptocurrency industry by inking a new partnership with the crypto prime broker FalconX. Standard Chartered will provide a comprehensive suite of banking services to FalconX’s global institutional clients following the strategic partnership announced on May 14. As part of the collaboration, FalconX will …
Continue reading “Standard Chartered scales institutional crypto banking with FalconX”
