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$8.8 Trillion Traded in Cryptocurrency Spot and Futures Markets in Q1: Reports
27.4.2020
The combined total trading volume in the cryptocurrency spot and futures markets amounted to approximately $8.8 trillion in the first quarter, according to two new industry reports. The amounts represent a massive 314% quarterly increase for futures trading and 104% for spot trading. Further,...
Bitcoin to Be Digital Gold in 2020, Says Bloomberg Report
23.4.2020
Bitcoin will mature into a gold-like store of value this year, according to the latest projections by Bloomberg. The financial magazine’s report, “Bitcoin Maturation Leap,” notes that the cryptocurrency is poised for a bull run, after being temporarily dragged by...
Further Research Planned for Crypto Code Price Correlation
19.4.2020
After the release of a preprint report which correlates crypto code with prices, a member of the research team said the group looks toward further study in the field
Real Correlation? Bitcoin Price Pumps Follow US Fed QE Money Printing
18.4.2020
QE infinity could work miracles for the Bitcoin price based on historical evidence, argues stock-to-flow creator PlanB
Bitcoin-Gold Correlation Is Weak; BTC-S&P 500 Correlation Might Drop
14.4.2020
Source: Adobe/sergey_p
While the correlation between bitcoin (BTC) and gold could be "slightly" increasing but still remaining weak overall, that between BTC and the S&P 500 stock market index is unlikely to remain high in the long run, says crypto market analysis firm Coin...
Bitcoin Takes Tumble, Traders Fret Correlation and Next Month’s Halving
1.4.2020
Bitcoin had another down day. How long the cryptocurrency follows stocks, and whether next month’s halving juices its price, remain open questions
Bitcoin’s Correlation With S&P500 At 2-Year High Amid the Coronavirus Crisis
22.3.2020
Crypto market research firm says the recent market downturn resulted in a high correlation between Bitcoin and the traditional equity
Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors
20.3.2020
While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term...
Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus
16.3.2020
On Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. However, the Fed’s rate...
Wilshire Phoenix CEO Explains $168B US Fed Injection and Crypto Correlation
13.3.2020
Wilshire Phoenix CEO Bill Herrmann sheds light on the recent $168 billion Fed injections and their relation to crypto
‘Digital Gold’ Label Shifts as XRP Correlation to Gold Outpaces Bitcoin
20.2.2020
Bitcoin is frequently referred to as digital gold but data shows XRP has a stronger correlation to gold in 2020
Does Correlation Between Bitcoin Price and Altcoins Mean Buy the Dips?
17.2.2020
Correlations between Bitcoin and the top 30 altcoins challenge the belief that a diversified crypto portfolio yields poor results
Truth About Crypto Price Correlation: How Closely Does ETH Follow BTC?
8.2.2020
As the latest reports show that ETH is the highest correlated cryptocurrency to BTC, analysts have different views on whether it’s possible and correct to evaluate this correlation
Bitcoin and Stocks Break 2019 Reverse Correlation Trend — Chart Data
31.10.2019
Price charts from the S&P 500 and Bitcoin provide data for the Bitcoin hedge narrative until they don’t
Traders Bemoan New Localbitcoins Identity Requirements
28.9.2019
Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money...
BTC and Quantitative Easing: What’s the Correlation to Crypto?
26.9.2019
Unconventional monetary policy is rife within the U.S. right now, and a step toward quantitative easing seems inevitable; BitMEX CEO Aurther Hayes believes this will send Bitcoin sky high, but will it?
Bitcoin Hit Record Inverse Correlation to Chinese Yuan in Past Week
6.9.2019
Weakening Chinese yuan leads to higher Bitcoin prices and Asian premium
Bitcoin Price Correlation With Gold Nearly Doubled in Past 3 Months
7.8.2019
The correlation between Bitcoin and physical gold has almost doubled in the past three months, fresh data from Bloomberg reveals
Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation
6.6.2019
Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February