Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’
Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis,...
Month: September 2022
The floppening? Ethereum price weakens post-Merge, risking 55% drop against Bitcoin
A classic bearish reversal pattern suggest pain ahead for the ETH/BTC pair despite Ethereum's milestone Merge event. Ethereum's native token...
European Central Bank chooses Amazon and 4 other firms to prototype digital euro app
The five fintech, payments and e-commerce firms will create front-end prototypes for the digital euro, which will not be used...
The Merge: Ethereum Is Now A Proof-of-Stake Network, What’s Next?
Ethereum’s history-making moment: The Merge was successfully deployed. After years of delays, the Ethereum network finally closed the chapter of...
Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT
Equities markets are witnessing aggressive selling due to increasingly bearish macroeconomic factors, and this is adding sell pressure to Bitcoin...
US Treasury report encourages instant payment, recommends more CBDC research
In one of three reports released simultaneously Friday, the Treasury Department talks cautiously about stablecoins and CBDC in the context...
Blockchain Association calls White House’s crypto framework a ‘missed opportunity’
Critics claimed the Biden administration's reports focused on environmental concerns over crypto's energy consumption and illicit uses rather than the...
Crypto Biz: The biggest problem with DeFi isn’t what you think
Decentralized finance still has a way to go before it can attract institutional capital. Meanwhile, Fireblocks has become a 9-figure...
40%+ Ethereum PoS nodes are controlled by 2 addresses says Santiment data
Data released hours after the Merge prompted concerns about the alleged centralization of PoS. Analysis from Santiment indicates that 46.15%...
Biggest Movers: ATOM Moves Closer to 4-Month High, LINK Also Higher
Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices...
European Union to Launch Global Metaverse Regulation Initiative in 2023
The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in...
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week Low as Bearish Momentum Increases Following The Merge
Ethereum moved to a three-week low on Friday, as market sentiment remained bearish following the completion of The Merge. The...
Spanish Soccer First Division Laliga to Be Featured in Decentraland’s Metaverse
Laliga, the Spanish soccer first division organization, has established a strategic partnership with Stadioplus and Vegas City Limited, two metaverse-related...
Bitcoin exchange inflows see biggest one-day spike since March 2020
236,000 BTC enters trading platforms in a single day amid what one commentator calls "unusual" exchange flows. Bitcoin (BTC) exchanges...
Global inflation mounts: How stablecoins are helping protect savings
More people are using stablecoins to hedge against inflation, as they offer numerous benefits. Economies around the world are facing...
