Exclusive: Wilshire Differentiates its Fund From Grayscale, Says “Investors Deserve More”
Wilshire tells Cointelegraph how its publicly listed Bitcoin fund will differ from other U.S. competition. Go to Source Powered by WPeMatico
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US Regulators Have Double Standards When It Comes to Bitcoin
VanEck’s Gabor Gurbacs said U.S. regulators have not treated Bitcoin fairly in their exchange-traded fund denials. Go to Source Powered by WPeMatico
Pomp Explains Why Mainstream Markets Are Up Amid Chaos
Amid protests, rioting and general uncertainty, mainstream markets have posted positive numbers, seemingly contrasting the state of the U.S. Go to Source Powered by WPeMatico
Mining Hardware Maker Canaan Looks to Issue $12.4M in Stock to Employees
Cryptocurrency mining ASIC producer Canaan filed with the U.S. SEC to issue around $12.4 million worth of shares to its employees. Go to Source Powered by WPeMatico
Bitcoin Pulls Away From Stock Market as Price Staying Above $8,000 Signals Strength – Bloomberg Analyst
Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone. In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength. “Bitcoin is showing divergent strength versus the wobbly stock … Read more
Bitcoin Soars to Its Highest Level Since Crashing in March
Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19, respectively. The digital asset litecoin (LTC) … Read more
Binance Research Finds Bitcoin Correlated to Stocks — But Not For Long
New data shows Bitcoin and US equity indexes have a moderate correlation — but gold is doing its own thing Go to Source Powered by WPeMatico
Decoupling? Bitcoin Price Surges Above $6.7K as Stocks Again Bearish
Bitcoin bulls pursue a trend change by pressing the price to $6,744 but $6,600 needs to hold as support in order to avoid a retest of the $6,200 support Go to Source Powered by WPeMatico
$2 Trillion for Surveillance Capitalism – US Government Promises $1,200 to Every American
On Wednesday, U.S. Congressional leaders had seemingly come up with a stimulus deal at around 1 a.m. EST. The package will cost upwards of $2 trillion and politicians are promising direct payments of $1,200 per American if they make $75,000 or less. The dollar injection will be the largest financial measure ever enacted by Congress … Read more
Crypto Traders Explain What Caused the Bitcoin Price Plunge to $3,000
The price of Bitcoin dropped by 50% to $3,600 in merely eight hours: Top crypto traders explain why Go to Source Powered by WPeMatico
