Bitcoin’s correlation to gold hits multi-year excessive

Bitcoin’s (BTC) correlation with gold reached a multi-year excessive final week and is presently above 50%, exceeding its correlation with U.S. shares.  Certainly, Bitcoin has withstood the present instability within the monetary business and mounting regulatory uncertainty very effectively, skyrocketing by over 70% YTD, tremendously surpassing conventional asset courses as they see ‘digital gold’ as […]
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brokersdotmarkets's Recent Blog Posts

No, NFTs Are Not Simply Digital Collectibles
The phrases non-fungible token (NFT) and digital collectible are more and more used interchangeably. Not solely is that this incorrect, however it’s additionally reductive. The time period “digital…
2 years ago
Bitcoin Information: Alternate Withdrawals Have Remained Above Deposits Since FTX Collapse
On-chain knowledge exhibits that Bitcoin transactions going out of exchanges have been larger than the variety of them stepping into for the reason that FTX collapse. Bitcoin Alternate Withdrawals…
2 years ago
Nefta and Block Born Crew Up For Web3 Improvement On Tezos Cryptocurrency ledger
Web3 expertise platform, Nefta has introduced a brand new partnership with Cryptocurrency ledger gaming launchpad Block Born, this may see help for NFT minting and a white-label market. Based by…
2 years ago
BONE jumps 20% as Shibarium Cryptocurrency ledger beta imminent
With the fast-approaching public beta launch of the long-awaited Layer 2 Cryptocurrency ledger Shibarium by the group that has based the Shiba Inu (SHIB) ecosystem, the Bone ShibaSwap (BONE) token…
2 years ago
We Want a New Blueprint for NFT Marketplaces
One of many major causes I used to be drawn to Web3 was the idea of a brand new ecosystem the place creators are pretty compensated for his or her work. Verifiable possession of digital belongings,…
2 years ago