Oil’s latest surge has elbowed its way back into every investor conversation. With Middle East risk resurfacing and crude futures jumping, the S&P 500’s rally faces a new stress test. The question is not only […]
Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could […]
Bitcoin is presently trading above $80,000, as market bulls sustain the rebound from early April. However, the flagship cryptocurrency remains firmly in bear-market territory, down roughly 37.5% from its all-time high. Amid the ongoing rally, […]
Bitcoin is trading close to $80,000 in the first week of May; Jerome Powell is weeks away from stepping down as Federal Reserve chair; the S&P 500 is at an all-time high; and sentiment across […]
Bitcoin’s relatively muted response to a thawing in the Middle East conflict contrasts sharply with the speed of the stock market’s recovery. The S&P 500 closed at a new all-time high of 7,022 on […]
A negative BTC-S&P correlation doesn’t mean Bitcoin is gaining strength; it may reflect isolated it bounces alternating with the Index’s weakness. Bitcoin’s short-term correlation with the S&P 500 has turned negative recently, but on-chain […]
The successful retest of the Monthly Open on March 8th was an early sign that strength was beginning to return to bitcoin markets, after over four months of persistent weakness. This was also borne out […]
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