Bitcoin Reaches Record High Correlation to S&P 500 - CoinDesk

Bitcoin Reaches Record High Correlation to S&P 500 – CoinDesk

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Bitcoin’s one-year correlation to the Standard & Poor’s 500 index hit record highs as the leading cryptocurrency continues to trade in lockstep with traditional financial markets. The realized correlation, which measures the relationship between two assets, reached 0.367 on Thursday, up from -0.06 on January 1, according to data from Coin Metrics. Bitcoin’s correlation to …

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Bitcoin Dominance Records Yearly Low: A Critical Point as DeFi Drives The 2020 Alt-Season

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Bitcoin prices followed stock markets down on Friday, sliding to an intraday low of $9,050; however, the primary cryptocurrency was able to recover in order to reclaim $9,300 over the past day but failed to break resistance there, sliding again to around $9,200 during most of Saturday. BTC/USD, Bitstamp. Source: TradingView The move has kept …

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XRP Rally Risks Retracement, Faces Pivotal Battle With Bitcoin – Helena Bitcoin Mining

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Visit the original article* After years of underperformance compared to the rest of the crypto market, XRP has been pumping from bear market lows. But just as the altcoin reaches a key level on its Bitcoin trading pair, an ominous sell signal has triggered.  Will the recent rally in Ripple fully retrace as pumps have …

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DeFi Market Analysis: COMP,MKR, ZRX – Have Tokens Peaked or is There Any Room for Growth?

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to …

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Christophe Cieters: Monopoly Money - The Bitcoin News

Christophe Cieters: Monopoly Money – The Bitcoin News

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Advertisment As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. **The following essay was written by Christophe Cieters and published on …

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XRP Rally Risks Retracement, Faces Pivotal Battle With Bitcoin | NewsBTC

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After years of underperformance compared to the rest of the crypto market, XRP has been pumping from bear market lows. But just as the altcoin reaches a key level on its Bitcoin trading pair, an ominous sell signal has triggered.  Will the recent rally in Ripple fully retrace as pumps have in the past? Or …

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SIMETRI Winning in Crypto

Despite Crypto Bans, YouTube Now Shows Scam Ads Asking Users to Send Bitcoin | Crypto Briefing

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Share this article YouTubers have reported seeing fake BTC giveaway ads pop up while watching content on the streaming platform. Many users, especially those in the crypto community, are angry and confused as to how YouTube would let this happen.  YouTube Scam Asks Viewers to Send Bitcoin When users click on a video, they are …

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Christophe Cieters: Monopoly Money

Christophe Cieters: Monopoly Money | Op-Ed Bitcoin News

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As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. **The following essay was written by Christophe Cieters and published on March …

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Cryptocurrency News From Japan: July 5 - July 11 in Review

Cryptocurrency News From Japan: July 5 – July 11 in Review

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This week’s headlines from Japan included real estate player Tosei and Tokyo Financial Holdings listing an asset-backed digital financial product, Cointelegraph Japan interviewing a former Japanese central bank staffer, Coinage registering as an exchange with Japan’s financial services agency, and a life insurance company testing digital asset billing transaction.  Check out some of this week’s …

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XRP

Last Time This Signal Appeared, XRP Dove 35% Against Bitcoin. It’s Back

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Like other altcoins, XRP has rallied against Bitcoin over the past few days. While the leading cryptocurrency has stalled in the low-$9,000s, XRP has begun to push past the psychological resistance of $0.20. Even after BTC retraced by 3% from its local highs, the altcoin remains above $0.20. Some believe that this breakout is a …

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