Grayscale’s research arm warned this week that Bitcoin’s correlation with gold has climbed above 50%, a shift the asset manager frames as the return of the debasement trade. The finding marks a sharp reversal from recent years, when Bitcoin frequently traded in step with growth stocks rather than hard assets. How
Grayscale’s research arm warned this week that Bitcoin’s correlation with gold has climbed above 50%, a shift the asset manager frames as the return of the debasement trade. The finding marks a sharp reversal from recent years, when Bitcoin frequently traded in step with growth stocks rather than hard assets. How
Bitcoin Magazine Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC The French bitcoin treasury currently holds 3,145 bitcoins worth over $245 million at today's prices. This post Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC first appeared on Bitcoin Magazine and is written by Mathew
Bitcoin Magazine Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments Bitcoin dropped, then popped after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation. The leading cryptocurrency was recently trading for