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Most Cryptos Correlated with Stocks, Not with Gold - Analysts


Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found. The correlation between...

Nigerian Central Bank Intensifying Fight Against Cryptocurrency Traders


Just a few days after launching the e-naira digital currency, the Central Bank of Nigeria (CBN) is now reportedly ramping up the pressure against cryptocurrency traders. Bank Employees Warned In a memo to its staff seen by Bitcoin.com News, one of Nigeria’s leading banks, FCMB, warns...

Ethereum Name Service Token, ENS, Soars on First Day of Trading


Ethereum (ETH)’s decentralized naming system, Ethereum Name Service (ENS), has just launched its highly-anticipated governance token via an airdrop that can be claimed by existing ENS users. At 14:09 UTC, the ENS token traded at USD 46, up a whopping 156% in less than a day, with the majority...

Decentralized Indexing Provider Aleph.im Launches Serum Markets Analytics


Crypto proponents and market observers can now gain insight into Solana’s and Serum’s liquidity infrastructure ecosystem via the analytics and decentralized indexing provider Aleph.im. The cross-blockchain computing project says the induction of Serum Markets will “help surface...

US Lawmakers Urge SEC to Permit Trading of Bitcoin Spot ETFs


U.S. lawmakers have called on the Securities and Exchange Commission (SEC) to approve bitcoin spot exchange-traded funds (ETFs). Since the SEC has approved the trading of bitcoin futures ETFs, the lawmakers said it “should no longer have concerns with bitcoin spot ETFs and should show...

Indiana’s Star Bank Launches Bitcoin Trading Services


Star Financial Bank (Star Bank) says it has become the first bank in the U.S. state of Indiana to offer bitcoin services to customers. The services will be offered through the New York Digital Investment Group and Alkami platform. Customers will have the ability to buy and sell bitcoin via the Star...

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