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Nalezeno "AI research": 1795

Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold


Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset. Bitcoin Is More Like Copper Than Gold as Inflation Hedge...

Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow


The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company...

DeFi Spectacular Returns Unsustainable In Long-Term - Research


Decentralized finance (DeFi) is undergoing rapid evolution, but speculative demand bubbles that generated spectacular returns over short periods will be unsustainable in the long-term, according to a recent paper. "[DeFi] remains immature, with a variety of unresolved economic, technical...

Investors Confuse Ethan Allen With Ethereum: Shares up 50% Over Average Price


Ethan Allen, a U.S.-based furniture company, has been getting strange traction in markets this year, due to an interesting coincidence. The company’s stock ticker is the same as ethereum’s ticker, something it shares with one of the hottest cryptocurrencies right now. This has caused...

Banking System Uses Significantly More Energy Than Bitcoin, Research Shows


A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed bitcoin’s energy usage and compared it to the banking and gold industries. Banking System Consumes Much More Energy Than Bitcoin Galaxy Digital published a report...

US SEC Has Brought 75 Enforcement Actions on Crypto Industry


The U.S. Securities and Exchange Commission (SEC) has brought 75 enforcement actions against companies and individuals in the crypto industry so far, according to a new report by Cornerstone Research. The agency also brought 19 trading suspension orders against digital asset market participants...

Analyst Warns of Broad Correction in the Cryptocurrency Market


Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing...

Analyst Explains Why Ethereum Is Rallying, Hitting All-Time Highs


Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. Why Ethereum Has Been Going Up ARK Investment...

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