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Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end

Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to 40%. In a May 15 report, Coinbase Institutional Research Analyst David Han asserted that the main factor that led the SEC to approve spot Bitcoin ETFs — the correlation between CME futures […] The post Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end appeared first on CryptoSlate. дальше »

2024-5-18 03:48


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Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release

Quick Take Bitcoin remains the primary indicator of global liquidity, with its price movements often preceding those of other risk-on assets. This dynamic was evident in the recent market cycle, as Bitcoin hit an all-time high on March 13, coinciding with the biggest ETF inflow since launch on March 12, over $1 billion, and the […] The post Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release appeared first on CryptoSlate. дальше »

2024-5-15 17:25


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Independent Crypto: Bitcoin & Ethereum Show Little Correlation To Trad Markets

Data shows that Bitcoin and Ethereum correlate little to traditional markets, implying that cryptocurrency is forging its destiny. Bitcoin & Ethereum Have Been The Master Of Their Fates Recently According to data from the market intelligence platform IntoTheBlock, the correlation between BTC and ETH with traditional markets and commodities has been close to zero recently. […] дальше »

2024-5-10 04:00


Here’s Why Wormhole (W) is Poised for Massive Gains: Expert Likens W’s Chart to $SUI, $SEI, and Optimism (OP)

Wormhole (W) is gearing up for market advancements, underscored by its strong chart structure that expert Alex Wacy likens to that of $SUI, $SEI, and Optimism (OP). This correlation is crucial as it suggests a similar trajectory could be on the horizon for Wormhole, especially with the impending launch of its $ZRO token, which positions […] The post Here’s Why Wormhole (W) is Poised for Massive Gains: Expert Likens W’s Chart to $SUI, $SEI, and Optimism (OP) appeared first on CaptainAltcoin. дальше »

2024-5-4 09:15


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Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500

Quick Take Bitcoin (BTC) had an impressive first quarter in 2024, posting a 69% return and outperforming most traditional asset classes. Despite the launch of BTC ETFs, which many thought would lead to a stronger correlation with traditional finance assets, BTC displayed minimal correlation with major asset classes, using data from a recent Glassnode and […] The post Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500 appeared first on CryptoSlate. дальше »

2024-4-18 17:00