Vladislav Sopov Top analyst and trader Caleb Franzen unveils one NASDAQ-listed stock that never lost its correlation to Bitcoin (BTC) price Contents Bitcoin (BTC) is correlated to Micron Technology (N...
Tag: correlated
Not Listing Cardano (ADA) “Tightly Correlated” with Bankruptcy, Charles Hoskinson Says
Alex Dovbnya Cardano founder Charles Hoskinson has taken aim at Gemini for refusing to list Cardano (ADA) In a recent tweet, Cardano founder Charles Hoskinson took at Gemini, a popular cryptocurrency ...
Is BTC still correlated to the financial markets?
Join Our Telegram channel to stay up to date on breaking news coverage Fundamentals of the global economy Despite the emergence of new issues, the economy is still recovering from the COVID-19 outbrea...
Is Shiba Inu inversely correlated to DOGE?
Both Dogecoin and Shiba Inu command the meme cryptocurrency category, but their price trends seem to have completely changed. Earlier today, the Dogecoin community was hit with the news that Twitter c...
Why is Bitcoin so correlated with the stock market? A Deep Dive
It’s been a turbulent year in markets, to say the least. But one thing which is both bearish and bullish, in my view, is the correlation between Bitcoin and the stock market. That sounds funny, but le...
Bitcoin Is Macro, but Not ‘Correlated’ in the Way You Think
Bitcoin is a macro asset in that it is now part of the global market. But not all macro assets are highly correlated. As fear subsides (which it will, one day), given the distinct value propositions o...
Data Shows Bitcoin Still Highly Correlated With Stock Market
Data shows the Bitcoin correlation with the stock market has been high in recent months as the crypto has been closely following S&P 500 and NASDAQ. Bitcoin Has Continued To Mimic Movements Of The...
Rolex and crypto increasingly correlated- The Cryptonomist
Prestigious brands, such as Rolex and Patek Philippe, have declined since the start of the crypto bearish trend. Second-hand Rolex and Patek Philippe prices fall, in line with crypto’s decline Luxury ...
Kazakhstan Government To Levy New Charges Correlated To Bitcoin Price On Bitcoin Miners
Kazakhstan acted as the escape for the Bitcoin miners in China after the country’s clampdown on mining activities late last year. However, now Kazakhstan is reportedly planning to issue new taxes that...
Bitcoin Miners in Kazakhstan To Pay Taxes Correlated to BTC Price
Once considered an attractive country for Chinese Bitcoin miners after the country’s crackdown on any BTC mining activity, Kazakhstan now seems to be set to creating new taxes that will negatively imp...
IMF Says Crypto Usage Significantly Correlated with Corruption and Capital Controls
The International Monetary Fund (IMF) says that an examination of crypto asset adoption reveals it is correlated with corruption and capital controls. In a new study, the IMF says that the use of cryp...
Ethereum NFT Sales Are Inversely Correlated to Crypto Market: Nansen
Last month, crypto analytics company Nansen released six new indexes for tracking the NFT market. A recent report now reveals some striking conclusions pulled using this batch of indexes. The six ind...
Goldman: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables
The recent pullback in the cryptocurrency market shows that mainstream adoption can be a “double-edged sword,” Goldman Sachs said in a report Thursday. Since November, the bank noted, the total crypto...
Bitcoin Recovers to $38,000, Correlated with US Futures Ahead of Fed Meeting Results
Yuri Molchan Earlier today, BTC rose back to $38,000 level, following US futures in its growth Contents Correlation of crypto and equities strengthens More “dipbuyers” to emerge: expert In...
Bitcoin to Hit Between $50K and $100,000, Multiple Correlated Models Say: Perianne Boring
Yuri Molchan Perianne Boring believes that Bitcoin fundamentals are as strong as ever and markets are behaving as expected Contents “Bitcoin fundamentals are strong as ever” Multiple inves...
Bitcoin Bull Anthony Pompliano Lays Out Crypto Outlook for 2022, Says BTC Could Be Correlated to This Surprising Indicator
Bitcoin bull Anthony Pompliano says higher interest rates in 2022 may have a different impact on BTC’s price than what many analysts initially assumed. Pompliano, the co-founder of Morgan Creek Digita...