Bitcoin’s outlook remains bullish despite macro setback: Grayscale

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The U.S. dollar's ability to continue its rally in Q2 could prove fatal for Bitcoin (BTC), which has demonstrated inverse correlation with the dollar since January 2022.BTC/USD daily price chart featuring correlation with DXY. Source: TradingViewDollar paints "bull flag"The U.S. dollar index (DXY), which measures the greenback's strength against a basket of foreign currencies, reached…

The decentralized finance sector has been steadily growing and has begun to see the fruits of its labor. But while there is much hype surrounding DeFi projects and applications, particularly during Bitcoin’s (BTC) uncharacteristic lack of volatility, there is still a long way to go. The technology is still in its early stages, yet even as…

Bitcoin (BTC) staged an impressive recovery after dropping to its three-month low of $42,333 on Dec. 4, rising to as high as $51,000 since. The BTC price retracement primarily surfaced due to increased buying activity among addresses that hold less than 1 BTC. In contrast, the Bitcoin wallets with balances between 1,000 BTC  and 10,000 BTC…

MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones. 141 Total views 2 Total shares Singapore’s central bank is introducing new measures to improve investor protection and market integrity in the cryptocurrency industry.On July 3, the Monetary Authority of Singapore (MAS) announced…

Looking ahead to what we can expect by the new decade’s end, VC firm Andreessen Horowitz predicts that Bitcoin (BTC) is likely to be central to the monetization mechanisms that future online influencers will use.In its Dec. 30 vignette of a highly automated future — where food is tailored to an individual’s microbiome and lifestyle…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekUS financial regulator FinCEN hires its first-ever chief digital currency adviserThe United…

Around the world, personal financial stress is peaking. A recent study in America found that more than three in four people feel anxious about their financial situation. This is seeding anti-risk mentalities and prompting fears around the safety of long-term savings, including retirement funds. However, that shouldn’t mean hiding money under the floorboards. Nor should it…