Asian crypto stocks plunge as Bitcoin drops to three-week low

Dave Portnoy now knows more about crypto. Barstool Sports founder, Dave Portnoy, posted a video of his meeting with Gemini exchange founders, Tyler and Cameron Winklevoss, on Twitter.Portnoy, also known as Davey Day Trader on Twitter for his stock trading antics, recently invited the Winklevoss twins over to his house to teach him about Bitcoin,…

Bitcoin (BTC) sellers are nursing their largest overall losses since March 2020, one on-chain metric suggests.Data from on-chain analytics firm Glassnode confirms that Bitcoin’s spent output profit ratio (SOPR) has now fallen to two-year lows.BTC on-chain losses mountAs Bitcoin holders attempt to pull funds from exchanges into non-custodial wallets, those moving coins around are doing…

US President Donald Trump wants to make his country a “Bitcoin superpower,” but the question remains as to who he is competing against.  Speaking at Blockwork’s Digital Asset Summit on March 20 to a crowd of crypto industry executives and observers, he said, “Together we will make America the undisputed Bitcoin (BTC) superpower and the

Crypto derivatives volumes have hit a new record high in May 2020. The early generation of crypto investors mostly worked with a hold-and-sell perspective. With the inevitable evolution of the market and the advent of cryptocurrency derivatives, investors with varied agendas — such as the desire to trade Bitcoin (BTC) volatility in both directions, hedging…

The correlation between Bitcoin (BTC) and stock markets has been unusually high since mid-March, meaning the two asset classes have presented near-identical directional movement. This data might explain why the 10% rally above $21,000 is being dismissed by most traders. Especially considering S&P 500 futures gained 4% in two days. However, Bitcoin trading activity and…

The banks join a growing list of financial institutions in the country tightening restrictions on digital assets. 514 Total views 3 Total shares Own this piece of history Collect this article as an NFTUnited Kingdom babanks HSBC Holdings and Nationwide Building Society are banning cryptocurrency purchases via credit cards for retail customers. They join a…

By building MetaHKUST, the institution plans to create a learning environment that virtually connects the two campuses — in Hong Kong and Guangzhou. 40 Total views 2 Total shares The Hong Kong University of Science and Technology (HKUST) announced to host the launch party of a virtual reality classroom over the Metaverse on September 1.…

Solana’s price is up today as Jerome Powell delivers his most dovish outlook in years, raising bets on a 100% rate cut in September.