Tag: financialintelligence
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Dogecoin drops 23% as Elon Musk slams DOGE rich list
The world’s richest man giveth, and the world’s richest man taketh away.
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$50K and BTC’s biggest weekly candle ever: 5 things to watch in Bitcoin this week
A falling U.S. dollar and increasingly positive publicity keeps Bitcoin bulls satisfied despite a slight correction to $47,000.
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Why Ethereum is stagnating behind Bitcoin after its rally to new record-high
The price of Ethereum is declining against both Bitcoin and the U.S. dollar. This comes as the dominant cryptocurrency soared to a new all-time high in the last several hours. As Bitcoin began to climb towards $49,900, the price of Ethereum actually dropped in the same period. Although Ethereum has sometimes lagged behind Bitcoin during…
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US Government Won’t Allow Corporates to Keep Replacing Dollars With Bitcoin, Warns Investment Advisor
Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could happen if corporations keep replacing dollars in their balance sheets with…
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USDT-settled futures contracts are gaining popularity, here’s why
Crypto exchanges offer USDT and BTC settled perpetual futures contracts but which is best suited for the average trader?
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Jed McCaleb Sells $22 Million Worth of XRP, Ripple Cofounder’s Stash Could Run Dry by May
During the last few weeks, the former Ripple executive Jed McCaleb has reportedly been selling millions of XRP tokens and every sale has been monitored by the public. On Sunday, McCaleb dumped another 38 million XRP worth $22 million after selling 95 million XRP last week worth $56 million today. Ripple Cofounder Sells 38 million…
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Bitcoin’s Coinbase premium turned negative. Here’s what it means for BTC price
Coinbase Pro is a major bellwether for institutional demand. Now, data from CryptoQuant indicates that short-term selling pressure on Coinbase is mounting.