BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week
Can anything save Bitcoin from a stocks-driven meltdown? Not everyone is bearish this week. Go to Source Powered by WPeMatico
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Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA Strategist Notes inflation Shock Is Worsening, Cryptocurrencies Could Outperform Bonds and Stocks Bank … Read more
FTX US to invest in IEX stock exchange to launch digital securities
FTX US expects to finalize investment in the Investors Exchange in May 2022, subject to customary closing conditions and regulatory approval. Go to Source Powered by WPeMatico
Galaxy Digital delays BitGo acquisition to later on in 2022
The acquisition is scheduled to follow Galaxy’s domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022. Go to Source Powered by WPeMatico
ETF provider WisdomTree launches Solana, Cardano, Polkadot ETPs
WisdomTree has launched multiple crypto ETPs in Europe and continues efforts to launch a spot Bitcoin ETF in the United States. Go to Source Powered by WPeMatico
Buy pressure ‘in bull market territory’ — 5 things to know in Bitcoin this week
Is it really different this time? Bitcoin is back at the yearly open, but they jury’s out when it comes to what’s next. Go to Source Powered by WPeMatico
Cryptocurrency vs. Stocks: Key differences explained
Read all about the differences between cryptocurrencies and stocks including the agreements, the risks and the potential. Go to Source Powered by WPeMatico
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since 2018, Powell stressed that the Fed will “take the … Read more
‘No more 4-year cycles’ — 5 things to know in Bitcoin this week
Bitcoin avoids another “Bart” style price spike this weekend, but what’s the mood like on the market going forward? Here are five potential Bitcoin price topics to consider. Go to Source Powered by WPeMatico
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with “recent international frictions” and “domestic quarantine measures for Covid-19 control.” … Read more
