Crypto Currency

Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

Coinbase has thrown a legal argument against a lawsuit from Bit Global Digital Limited, which aims to overturn Coinbase’s choice to drop wrapped bitcoin (WBTC) from its exchange. Coinbase Defends Its Decision to Delist WBTC In a court filing submitted on Tuesday, Coinbase defended its action…

Published 1 year ago in
Coinbase Opposes $1 Billion Lawsuit Over WBTC Delisting by Bit Global

Coinbase has thrown a legal argument against a lawsuit from Bit Global Digital Limited, which aims to overturn Coinbase’s choice to drop wrapped bitcoin (WBTC) from its exchange. Coinbase Defends Its Decision to Delist WBTC In a court filing submitted on Tuesday, Coinbase defended its action…
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Crypto Currency

Bitcoin Holds $74K as Powell Prepares to Speak — Every Update You Need

Bitcoin (BTC) is trading around the $74,000 mark on March 18, as global financial markets tread cautiously ahead of Chairman Jerome Powell’s speech at 2:30 PM ET, following the Federal The post Bitcoin Holds $74K as Powell Prepares to Speak — Every Update You Need appeared first on NFT Evening…

Published 47 minutes ago in
Bitcoin Holds $74K as Powell Prepares to Speak — Every Update You Need

Bitcoin (BTC) is trading around the $74,000 mark on March 18, as global financial markets tread cautiously ahead of Chairman Jerome Powell’s speech at 2:30 PM ET, following the Federal
The post Bitcoin Holds $74K as Powell Prepares to Speak — Every Update You Need appeared first on NFT Evening…
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Crypto Currency

Bitcoin Outperforms Silver as BTC/Silver Reclaims 100-Day Moving Average

Bitcoin (BTC) has exhibited renewed strength against silver after the BTC/Silver ratio regained its 100-day simple moving average (SMA) for the first time in several months. The move indicates a possible shift in relative conduct between the two assets, with BTC momentum, while silver faces continued technical complacency…

Published 47 minutes ago in
Bitcoin Outperforms Silver as BTC/Silver Reclaims 100-Day Moving Average

Bitcoin (BTC) has exhibited renewed strength against silver after the BTC/Silver ratio regained its 100-day simple moving average (SMA) for the first time in several months. The move indicates a possible shift in relative conduct between the two assets, with BTC momentum, while silver faces continued technical complacency…
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Crypto Currency

Bitcoin’s battle for $70K continues as data shows traders avoiding bullish positioning

Rising inflation concerns weigh on Bitcoin’s breakout as traders refuse to take on bullish positions, despite Monday’s 4% price bounce…

Published 48 minutes ago in
Bitcoin’s battle for $70K continues as data shows traders avoiding bullish positioning

Rising inflation concerns weigh on Bitcoin’s breakout as traders refuse to take on bullish positions, despite Monday’s 4% price bounce…
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Crypto Currency

AQR Founder Argues Crypto Acts Moves With Stocks, Not Gold

TLDR Cliff Asness said crypto currently trades like a risk-on asset rather than a safe haven. He cited chart correlations showing Bitcoin moving in line with S&P 500 futures. Asness rejected the idea that Bitcoin provides diversification during stock market declines. He described Bitcoin as an imaginary asset and questioned extreme valuation claims…

Published 48 minutes ago in
AQR Founder Argues Crypto Acts Moves With Stocks, Not Gold

TLDR Cliff Asness said crypto currently trades like a risk-on asset rather than a safe haven. He cited chart correlations showing Bitcoin moving in line with S&P 500 futures. Asness rejected the idea that Bitcoin provides diversification during stock market declines. He described Bitcoin as an imaginary asset and questioned extreme valuation claims…
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