Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust
Macro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support. Go to Source Powered by WPeMatico
Stocks
Auto Added by WPeMatico
US dollar strength mimics 2020 Coronavirus crash — 5 things to know in Bitcoin this week
USD runs the show behind the scenes as the Easter weekend sparks pain for Bitcoin bulls. Go to Source Powered by WPeMatico
Terra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?
Macro, technicals, and uncertainties concerning Terra’s LUNA-burning mechanism could push price further down in April. Go to Source Powered by WPeMatico
BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week
Can anything save Bitcoin from a stocks-driven meltdown? Not everyone is bearish this week. Go to Source Powered by WPeMatico
Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA Strategist Notes inflation Shock Is Worsening, Cryptocurrencies Could Outperform Bonds and Stocks Bank … Read more
FTX US to invest in IEX stock exchange to launch digital securities
FTX US expects to finalize investment in the Investors Exchange in May 2022, subject to customary closing conditions and regulatory approval. Go to Source Powered by WPeMatico
Galaxy Digital delays BitGo acquisition to later on in 2022
The acquisition is scheduled to follow Galaxy’s domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022. Go to Source Powered by WPeMatico
ETF provider WisdomTree launches Solana, Cardano, Polkadot ETPs
WisdomTree has launched multiple crypto ETPs in Europe and continues efforts to launch a spot Bitcoin ETF in the United States. Go to Source Powered by WPeMatico
Buy pressure ‘in bull market territory’ — 5 things to know in Bitcoin this week
Is it really different this time? Bitcoin is back at the yearly open, but they jury’s out when it comes to what’s next. Go to Source Powered by WPeMatico
Cryptocurrency vs. Stocks: Key differences explained
Read all about the differences between cryptocurrencies and stocks including the agreements, the risks and the potential. Go to Source Powered by WPeMatico