Charles Hoskinson rejects Vitalik Buterin's view on pro-crypto voting
This clash of views comes as the 2024 U.S. presidential election approaches, with significant implications for the future of cryptocurrency regulation in the country.
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Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High
Lately, Bitcoin price has been showing record-high levels of correlation with traditional markets and on July 9 the correlation between the S&P 500 and BTC reached a new all-time high. Data from Skew shows that the one-year realized correlation reached 0.38 on Thursday, July 9 and this came after the metric had reached new highs earlier…
Here’s how Bitcoin pro traders plan to profit from BTC’s eventual pop above $20K
Bitcoin (BTC) entered an ascending channel in mid-September and has continued to trade sideways activity near $19,500. Due to the bullish nature of the technical formation and a drop in the sell pressure from troubled miners, analysts expect a price increase over the next couple of months.Bitcoin/USD price at FTX. Source: TradingViewIndependent analyst @el_crypto_prof noted…
Non event? Why Friday’s $272M CME Bitcoin futures expiry is irrelevant
Chicago Mercantile Exchange (CME) Bitcoin futures and options markets are set to mature this Friday, leading some traders to fear that the most recent BTC dump is a presage of weakening markets.According to a September 2019 Cointelegraph and Arcane Research report, there is typically a 2.3% drop ahead of each monthly CME expiry. Given the…
Tether reserve attestations to be conducted by major European accounting firm
BDO Italia, a member of the BDO Global accounting organization, will begin producing monthly attestations of Tether’s USDT backing. 238 Total views 5 Total shares In a step toward greater transparency and better alignment with international accounting standards, stablecoin operator Tether Holdings Limited has tapped BDO Italia to conduct regular reviews and attestations of its…