Bitcoin was once branded as an asset that was uncorrelated from the rest of the financial markets. Look no further than a survey of institutional investors by Fidelity Investments. It found that a good portion of this group want to…
Author: coinmaker
South Korea Brings Blockchain to Healthcare, but That’s Just the Start
Healthcare is among the first industries in South Korea to receive the benefits of data management and storage on blockchains. The government of South Korea is trying its best to adopt blockchain technology in various industries. The country’s central bank…
The Encrypted Messaging Dilemma: Balancing Censorship and Freedom
Experts are of the opinion that governments need to work hand-in-hand with encryption-centric service providers to combat illegal activities on their platforms. Encrypted messaging services have always presented a tough challenge for government agencies all over the world. On one…
Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High
Bitcoin’s correlation to the S&P 500 has reached a new all-time-high, what does this mean for BTC price? Lately, Bitcoin price has been showing record-high levels of correlation with traditional markets and on July 9 the correlation between the S&P…
Unless Bitcoin Breaks Through These 2 Levels, a Crash to $7,000 Is “Logical”
After attempting to rally through $9,500 this week, Bitcoin failed to sustain its bullish momentum yet again. As of this article’s writing, the leading cryptocurrency trades for $9,200, having sustained somewhat of a pullback. The retracement notably wasn’t caused by…
84% of Crypto Twitter Is Buying or Holding Bitcoin, Boosting Bull Case
There have been many analysts over recent weeks arguing that Bitcoin is clearly at a market top. As NewsBTC covered two weeks ago, one trader commented that the cryptocurrency is trading in line with a textbook “distribution” pattern. “A couple…
Why One Outspoken Bitcoin Bull Recommends Holding More Gold Than BTC
Bitcoin and gold have formed a striking correlation throughout 2020, although this has shown some signs of degrading over the past few weeks as BTC continues extending its multi-month bout of sideways trading. Gold is also starting to move lockstep…
TikTok Dogecoin Pump Purveyors Experience Their First Crypto Dump
This week, the altcoin named after an internet meme, Dogecoin, went viral on social platform TikTok. Users of the platform tried to get a hashtag challenge trending in order to pump the coin. However, these new investors unsure if Doge…
Crypto Tidbits: TikTok’s Dogecoin Craze, Coinbase on Stock Markets, Bitcoin Holds $9k
Another week, another round of Crypto Tidbits. After over a week of ranging, Bitcoin attempted to break higher this week. The flagship cryptocurrency moved from the weekend lows of $8,900 to a weekly high of $9,470 on major exchanges. The move…
Crypto Investors Are Woefully Underprepared For Asset Inheritance
A new study released reveals that crypto investors are underprepared for their own untimely demise. Without a plan in place, crypto assets could be lost forever, leaving loved ones without access and out of an inheritance. With so many crypto…
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