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Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll

Key Takeaways Our Head of Research, Dan Ashmore, digs into Bitcoin’s relationship with stocks Correlation between Bitcoin and the Nasdaq is at its lowest point since 2018 The Nasdaq is up 10% in the last month as stocks have surged off softer forecasts around interest rates and the macro climate Bitcoin is down 9% in […] The post Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll appeared first on CoinJournal. дальше »

2023-6-15 16:51


Crypto is not immune to regulation, US crackdown is immensely hurtful

Key Takeaways The US regulatory crackdown continues, with Coinbase and Binance sued last week and a list of tokens declared securities by the SEC Crypto.com is shutting down its institutional exchange, citing lower demand following recent events in the industry  Retail will always be able to access crypto, but institutional capital will dwindle, which will […] The post Crypto is not immune to regulation, US crackdown is immensely hurtful appeared first on CoinJournal. дальше »

2023-6-15 18:24


Crypto is losing touch with institutional cash

Key Takeaways Crypto.com this week shut down its institutional exchange in the US, citing a lack of demand The regulatory climate has worsened significantly in the US, meaning crypto is becoming less practical for institutions  The macro picture and scandals across the space last year have also contributed, writes our Head of Research, Dan Ashmore […] The post Crypto is losing touch with institutional cash appeared first on CoinJournal. дальше »

2023-6-14 18:40


Crypto volumes continue to lag, Bitcoin & Ether fees down for fourth consecutive week

Key Takeaways On-chain activity for Bitcoin and Ethereum has fallen for the fourth consecutive week DEX share of trading volume had jumped up from 14% to 22% last month amid regulatory crackdown on centralised exchanges DEX volume has fallen back again since, however, and entire crypto space is seeing thin liquidity   Many speculate the […] The post Crypto volumes continue to lag, Bitcoin & Ether fees down for fourth consecutive week appeared first on CoinJournal. дальше »

2023-6-12 18:32


Crypto.com Pauses US Institutional Trading Service Following Regulatory Pressure

Crypto.com, one of the world’s largest crypto exchanges, has halted its institutional trading platform for US clients. The release of this news comes in the wake the Securities and Exchange Commission’s (SEC) decision earlier this week to take legal action against two of the most well-known cryptocurrency exchanges; Coinbase and Binance. Shutting Down Institutional Service […] дальше »

2023-6-12 19:44


Crypto.com Shuts Down US Institutional Exchange Amid Regulatory Concerns

Crypto.com, the Singapore-based exchange, has announced that it will shut down its institutional exchange service for US customers due to limited demand. The closure will take effect on June 21, 2023, and comes amid regulatory concerns in the US market, likely referencing the recent legal actions against Binance and Coinbase. Related Reading: Breaking: DOJ Takes […] дальше »

2023-6-10 22:00


Coinbase (and crypto’s) fate hangs by a string: A Deep Dive

Key Takeaways Coinbase is down 86% from its $100 billion IPO valuation  It has significantly underperformed Bitcoin, Ethereum, the Nasdaq and almost every benchmark since This week it was sued by the SEC for violating securities law, its stock down another 27% from last week Coinbase went public under the SEC’s watch in April 2021, […] The post Coinbase (and crypto’s) fate hangs by a string: A Deep Dive appeared first on CoinJournal. дальше »

2023-6-9 17:26