Research: Bitcoin remains under pressure ahead of CPI data; Michael Burry makes stagflation call

Analysts forecast a year-over-year increase of 6.5% in the United States Consumer Price Index (CPI) for December 2022 — with the Bureau of Labor Statistics’ official data releasing January 12 — but 2023 could bring some upside as investor Michael Burry expects CPI to move lower this year but warned that any subsequent pivot on interest […] The post Research: Bitcoin remains under pressure ahead of CPI data; Michael Burry makes stagflation call appeared first on CryptoSlate.

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First Mover Asia: Will Bitcoin Remain in the Doldrums? Signals Are Mixed; Major Cryptos Are Mostly Flat

Analytics platform CryptoQuant believes this week's Consumer Price Index will move markets; bitcoin continues its recent holding pattern on Tuesday.

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Investor Sentiment Sees Sharp Positive Spike Following Crypto market Recovery

The crypto market has been able to recover above $1 trillion once more after the market rally that was triggered by the Ethereum Merge. This has resulted in more positive market sentiment from investors, causing the Fear & Greed Index to move clear of the extreme fear territory.

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Tron: This is where TRX could stabilize before its next big move

It has been a while now since the crypto fear and greed index has refrained from changing its outlook from the 'extreme fear' zone. However, after a drop toward the $0.04-level, Tron [TRX] saw a revivThe post Tron: This is where TRX could stabilize before its next big move appeared first on AMBCrypto.

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Bitcoin Dives as Inflation Jumps to a Four Decade High

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DeFi Analysis: Ankr (ANKR) Could Move to New Highs as Chainlink (LINK) Correction Ends

The DeFi index has completed an A-B-C corrective structure. It has also bounced twice at the $2,040 horizontal support area. The post DeFi Analysis: Ankr (ANKR) Could Move to New Highs as Chainlink (LINK) Correction Ends appeared first on BeInCrypto.

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For the first time this year, Bitcoin's correlation with this index flipped negative

Bitcoin price tried to move away from the support at $32,954, but the price consistently corrected to this price level. This trend has been evident since the fall in May and despite price breaching suThe post For the first time this year, Bitcoin's correlation with this index flipped negative appeared first on AMBCrypto.

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Investors Expect Real Dividends to Decline in 2020s

S&P 500 Annual Dividend Index futures are pointing to a 15.4% slump in dividends, after adjusting for inflation, over the coming decade in an unprecedented move.

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XinFin Collaborates with Vinter To Launch Regulated XDC Index

Enterprise-ready hybrid blockchain tech giant, XinFin, has partnered with index provider, Vinter, to launch an exchange-traded XDC token index. Experts suggest that this move will help seamlessly connect the decentralized crypto ecosystem with the regulated market.

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Bitwise Ditches XRP Investment Amid Uncertain Token Legality

Bitwise Ditches Altcoin #2 According to a press release issued on Dec. 23, Bitwise Asset Management — a crypto hedge fund — has exited its XRP investment position. Following the move, XRP is no longer a part of its Bitwise 10 Crypto Index Fund.

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Uniswap Token (UNI) Price Breaks Out Alongside DeFi Index

Similarly, the DeFi index is expected to continue increasing towards its closest resistance area.   UNI Reclaims Support Level On Nov. 5, the UNI price reached a low of $1. 75 and began to move upwards.

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Every Pension System Should Have 1.5% Of Total Funds In Bitcoin, Says Morgan Creek’s Pompliano

Bitcoin and the S&P 500 Index have gone through a short-lived correlation after the March crisis that saw both the traditional and crypto markets crash to record low levels. However, the correlation started to pull away once the adoption of crypto assets began to spike as both retail and institutional investors started to move funds […]

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Bitcoin Eyes $14K as US Dollar Breaks Below Classic Support

Bitcoin pressed higher on Wednesday after finding reliable support at $10,500. The upside move appeared as the US dollar index broke below its classic trendline support that originated back in 2011.

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Switzerland’s Six Stock Exchange Lists FiCAS Actively Managed Bitcoin ETP (BTCA)

Switzerland’s leading stock exchange, SIX, is listing an active crypto exchange-traded product (ETP) in a move that will increase digital asset exposure in the Zurich headquartered market. This new product will go by index ‘BTCA’ which derives from its full name, Bitcoin Capital Active ETP.

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Bitcoin Braces for Turbulent Week Ahead: Three Reasons Why

Bitcoin fell 0. 31 percent in the early Monday session. The cryptocurrency’s plunge followed a similar downside move in the S&P 500, validating its growing correlation with the U. S. index.

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Better Than HODL? “Oracle-Less” Index Trading Comes to Ethereum via ETHBTC Token

Ethereum’s receiving the boost ahead of its upcoming move to a staking protocol, in terms of both institutional interest and product launches.   Synthetic Trading on Ethereum A “synthetic” token launched on the network earlier this week is the latest to join Ethereum.

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Bitcoin Hits $9.3K as S&P 500 Heads for Another Winning Session

Bitcoin topped at $9,300 for the first time in a week on “halving FOMO. ” The cryptocurrency’s upside move surfaced as the S&P 500 index pointed towards new gains at the Wednesday’s open on Wall Street.

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Crypto Market Fear Index Suggests Bitcoin Price Has Further To Fall

Bitcoin price is once again in free-fall mode after the crypto asset set a record for its third-largest gain in a 24-hour period on the heels of news that China would support blockchain technologies like what Bitcoin is built on.

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TRON Ranks #2, Way Ahead of Bitcoin in China’s Latest Crypto Rankings

China’s Center for Information and Industry Development released its latest Global Blockchain Technology Assesment Index report. EOS ranks first, followed by TRON and Ethereum. XEM and GXChain removed from the CCID’s crypto raking index.

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Crypto Market Prints Bullish Divergence: Case for Bounce Growing

Since plunging all the way to $7,700 last week, Bitcoin has found itself in a lull. The price of the crypto asset, as seen below, has been extremely mild over the past few days. The one-day Bitcoin volatility index on BitMEX, in fact, is starting to “get closer to [the move which precedes] big candle.

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Bitcoin Tailed US Stock Market’s Declines on Tuesday: Greenspan

Bitcoin coincidentally formed a positive correlation with the US stock market on Tuesday, observed Mati Greenspan of eToro. The senior market analyst noted that the benchmark cryptocurrency plunged by more than $1,500 right after the S&P 500 index made a similar move.

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Above $13K: Bitcoin’s Price Extends 2019 Gains to New 17-Month High

Bitcoin’s price has refreshed 17-month highs in the U. S. trading hours with a move above $13,000. CoinDesk’s Bitcoin Price Index is currently trading at 13,020, the highest level seen since mid-January 2018, having surpassed the Asian session high of $12,919 at roughly 17:30 UTC.

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Dominant Bitcoin Slips on Monday, Drags Cryptocurrency Index Down $8.7 Billion

By CCN. com: Dominant crypto asset bitcoin sent fresh shivers through the rest of the cryptocurrency market with its latest plunge. The bitcoin-to-dollar exchange rate dropped as much as 2. 66-percent on Monday to establish an intraday low towards $5,569.

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Dow Surges 125 Points as Trump Savages ‘Stupid’ Paul Krugman

By CCN: The Dow surged by triple digits on Tuesday after Donald Trump slammed “stupid” Nobel-winning economist Paul Krugman, who continues to warn that the U. S. economy is on the brink of recession even as the stock market bounds toward record highs.

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Dow Surges 150 Points as Trump Savages ‘Stupid’ Paul Krugman

By CCN: The Dow surged by triple digits on Tuesday after Donald Trump slammed “stupid” Nobel-winning economist Paul Krugman, who continues to warn that the U. S. economy is on the brink of recession even as the stock market bounds toward record highs.

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Bitcoin ‘Misery Index’ Flashes Highest Since Mid-2016; Crash Coming?

While bitcoin hovers near its highest price in months, you may not have noticed a big move in Fundstrat Global Advisors’ Bitcoin Misery Index. Fundstrat head and perma-bull Thomas Lee tweeted the news on April 11: The Bitcoin Misery Index reached 89 on 4/2.

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$46 Billion Flows into Chinese Stock Market, Should Launch Dow Higher

  Following MSCI’s decision to increase the weight of Chinese onshore shares in its widely-cited emerging market index, over $46 billion is set to pour into the stock market of China, a move that could kick the ongoing Dow Jones recovery into an even higher gear.

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The Impact Of The Nasdaq’s Crypto Indices For Bitcoin And Ethereum Investments Could Be Huge

Nasdaq, the world’s second-largest stock exchange, launched indices for Bitcoin and Ethereum prices on February 11th. Crypto Investment Products Precursor Cryptocurrency analyst Alex Ziupsnys sees the move as Nasdaq indicating they see cryptocurrency as a serious investment vehicle long-term, saying: “NASDAQ to add a bitcoin index on its platform. They are reading the writing on […]

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Nasdaq Set to Debut Bitcoin and Ethereum Indices for Real-time Spot Price Discovery

On February 11, 2019, Nasdaq, in partnership with New Zealand-based blockchain startup Brave New Coin (BNC), announced the introduction Bitcoin and Ethereum indices as part of its global index service (GIDS).

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NASDAQ to Add Liquid Indices Tracking Value of BTC and ETH

NASDAQ is planning to add new, third-party liquid indices, specifically tied to the value of bitcoin and ether. Details were released on affiliate site nasdaqtrader.

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Crypto Facilities Acquired by Kraken, But Will Continue to Be Under FCA Surveillance

Considering the euro volume and liquidity, Kraken is presently the largest Bitcoin exchange in the world, giving them plenty of capital to move around. To broaden their business opportunities, the company has chosen to purchase Crypto Facilities, an exchange in London that primarily offers derivatives trading services, while acting as an index provider. The purchase […]

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Kraken Advances U.K. Expansion With the Acquisition of Futures Platform

U. S. -based cryptocurrency exchange platform Kraken has completed the largest transaction in its history after it made its foray into the futures trading world with the acquisition of London-based Crypto Facilities.

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Coinbase Ditches Its Index Fund in Favor of a New Retail Feature

Coinbase – one of the largest digital currency exchanges in the U. S. – is nixing its index fund designed for accredited investors and shifting its focus to a new retail product, The Block reportshttps://theblockcrypto.

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Coinbase Shuts Down Institutional Index Fund While Retail Activity Down 80 Percent

Cryptocurrency services provider Coinbase shut down its index fund service aimed at institutions this week, after reports suggesting a shift-of-focus to its retail users. Another report indicated the business has lost over 80 percent of its clientele in 2018, which validates its move from institutions towards retail.

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Stackr: The Dawn of a Digital Asset Savings Solution - [BTC Media Sponsor]

Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.

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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation

Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.

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[promoted] How Invictus Capital Is Reshaping the Landscape of Cryptocurrency Investing

One of the impacts of the rapid, global advancement of digital asset markets has been seasons of volatility and turbulence. This creates a challenging environment for even the most astute investors in terms of managing cryptocurrency portfolios and investment strategies.

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Financial Services Firm Opens Doors to Crypto Hedge Funds

The crypto industry has received another boost with the entry of financial services giant Northern Trust in a quiet but significant move. The firm, which manages over $10.

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St. Louis Fed Now Tracking Prices of 4 Prominent Cryptos

Federal Reserve Bank of St. Louis has included prices of four top cryptocurrencies in its research database. The Feds announced the move on Tuesday, indicating that the Federal Reserve Economic Data (FRED) will now include price data of Bitcoin, Bitcoin Cash, Ethereum and Litecoin, provided by Coinbase.

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