Crypto Currency

FCA Prepares to Regulate Crypto as Awareness Climbs to 93%

The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information…

The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information…
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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…

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…

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…

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…

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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