Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll.

Key Takeaways Our Head of Research, Dan Ashmore, digs into Bitcoin’s relationship with stocks Correlation between Bitcoin and the Nasdaq is at its lowest point since 2018 The Nasdaq is up 10% in the last month as stocks have surged off softer forecasts around interest rates and the macro climate Bitcoin is down 9% in […] The post Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll appeared first on CoinJournal. origin »

Dogecoin Drops Deeper As Whales Make Massive Moves.

Dogecoin has extended its decline today as on-chain data shows the whales have been actively making large moves in the past day. Dogecoin Whales Have Made Several Large Movements In The Last 24 Hours According to data from the cryptocurrency transaction tracker service Whale Alert, many massive transactions have occurred on the Dogecoin blockchain during […] origin »

Bitcoin's on-chain traffic slows down as....

The daily transaction count witnessed a 35% decline from the previous month. Of the total inflows to the exchanges, the share of whales was just 32% as of 14 June. The hostile U.S. regulatorThe post Bitcoin's on-chain traffic slows down as... appeared first on AMBCrypto. origin »

The Best Crypto ETFs: A Comprehensive Guide.

Investing in cryptocurrencies can be a daunting task, given the volatility and complexity of the market. However, Crypto Exchange Traded Funds (ETFs) have emerged as a popular alternative, offering investors a way to gain exposure to the crypto market without the need to directly buy and manage cryptocurrencies. origin »

ARB below $1, but should bears look to short it?.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The futures market showed strong bearish sThe post ARB below $1, but should bears look to short it? appeared first on AMBCrypto. origin »

Uniswap defends business source licensing choice amid criticism.

Decentralized exchange Uniswap (UNI) defended its Business Source Licensing (BSL) choice for its V4 in a June 14 Youtube video. Uniswap Labs Engineering lead Noah Zinsmeister argued that making the source code BSL-protected is a balance between incentivizing innovation and giving exclusive proprietary rights for a short time, as the code will become General Public […] The post Uniswap defends business source licensing choice amid criticism appeared first on CryptoSlate. origin »

A look at how the Lido protocol benefits from stETH.

Lido's stETH dominance in DeFi sector grows fast, potentially impacting the protocol's success. Lido witnesses increased activity despite declining revenue. Amidst the volatile nature of theThe post A look at how the Lido protocol benefits from stETH appeared first on AMBCrypto. origin »

Hong Kong regulator urges banks to accept crypto clients.

The Hong Kong Monetary Authority (HKMA) is encouraging banking giants to accept crypto exchanges as clients, the Financial Times reported on June 15. While no restrictions hold Hong Kong banks back from accepting crypto clients, banks are wary of drawing regulatory scrutiny in case their clients are found ed in any criminal activities, the report […] The post Hong Kong regulator urges banks to accept crypto clients appeared first on CryptoSlate. origin »

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Here’s Why The Tether FUD Could Be Good For Bitcoin.

The Bitcoin market is once again in turmoil, and the reason is an old acquaintance: no, not the US Federal Reserve, but the worries and rumors about Tether’s stablecoin, USDT. Anyone who has been active in the Bitcoin and crypto market for a while knows that rumors about USDT’s lack of backing are part of every bear market. origin »

Bittrex Gets Green Light: Court Order Allows Withdrawals Starting June 15.

On June 15, clients of the United States division of the bankrupt cryptocurrency exchange Bittrex will be able to withdraw their assets, following a court ruling by a Delaware bankruptcy court.  The exchange had declared bankruptcy in May, but the United States Justice Department had opposed Bittrex’s efforts to restore customer access to their assets, […] origin »

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