Reported volume of top South Korean crypto exchanges surpasses that of the country’s stock market
The increase in volume came as the price of Bitcoin rose to a new all-time high of more than $61,000 Saturday. Go to Source Powered by WPeMatico
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SBI Holdings subsidiary continues XRP benefit program
SBI Holdings subsidiary Morningstar started its XRP shareholder benefits in 2019. Go to Source Powered by WPeMatico
Beware the ides of March: Bitcoin slumps as Treasury yields and the Dollar rise again
Bitcoin sees weakening momentum as the U.S. dollar recovers and Treasury yields rise. Go to Source Powered by WPeMatico
Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying
Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the company announced it would sell the bitcoin. Additionally, the shares of Microstrategy’s firm have also … Read more
Stocks slide as dollar hits 4-month highs: Why Bitcoin price is slumping below $50K
Bitcoin is slumping as the DXY breaks out and the U.S. stock market tanks. Go to Source Powered by WPeMatico
‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal Jobs Summit on Thursday. Powell didn’t explain when the … Read more
Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR’s
Goldman Sachs’ Gary Black closed his TSLA position after the company purchased $1.5B in BTC, dodging a 28% crash. Now he’s calling for the company to dump Bitcoin for share buybacks. Go to Source Powered by WPeMatico
Here’s how the Purpose Bitcoin ETF differs from Grayscale’s GBTC Trust
The newly launched Purpose Bitcoin ETF surpassed even the most bullish expectations but how does it differ from Grayscale’s GBTC Trust? Go to Source Powered by WPeMatico
Grayscale’s Bitcoin premium has dropped to record lows below zero
Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below fair value as the TSX Purpose Bitcoin ETF is seeing record inflows. Go to Source Powered by WPeMatico
Increasing stock market volatility drags Bitcoin and altcoin prices lower
Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower. Go to Source Powered by WPeMatico
