China

Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds

A recent study by Mercado Bitcoin reveals that Bitcoin often outperforms gold and stocks following global economic shocks. The analysis indicates that during periods of heightened uncertainty, Bitcoin's price tends to rise more significantly compared to traditional assets. This trend highlights Bitcoin's potential as a hedge against market volatility. The findings suggest that investors may consider Bitcoin as a viable alternative during times of crisis. Overall, the research underscores Bitcoin's growing role in the financial landscape amid global disruptions.

Read the full article: CoinDesk

US Senator says crypto market structure vote could happen by August

US Senator Cynthia Lummis announced that a vote on the crypto market structure could take place by August. She emphasized the importance of establishing clear regulations for the cryptocurrency industry to foster innovation and protect investors. The proposed legislation aims to create a comprehensive framework for digital assets, addressing issues

Bitcoin market dominance moves above 61%: Will altcoins follow?

Bitcoin's market dominance has surpassed 61%, indicating a strong performance compared to altcoins. This increase in dominance suggests that investors are favoring Bitcoin amid market fluctuations. Analysts are questioning whether this trend will lead to a rally in altcoins or if they will continue to lag behind. Market

Three reasons why Ether price rallies fizzle near $2.4K

Ether's price rallies often stall near the $2,400 mark due to three main factors. First, significant selling pressure from investors who bought at lower prices tends to emerge around this level, leading to profit-taking. Second, market sentiment remains cautious amid regulatory uncertainties and macroeconomic concerns, which can

Nasdaq's president says the SEC’s new crypto stance is letting markets 'build' again

Nasdaq's president has expressed optimism regarding the SEC's new approach to cryptocurrency regulation, suggesting it allows markets to "build" and innovate once more. He believes that clearer guidelines will foster a more robust environment for crypto development. This shift in regulatory stance is seen

Read more

US Senator says crypto market structure vote could happen by August

Bitcoin market dominance moves above 61%: Will altcoins follow?

Three reasons why Ether price rallies fizzle near $2.4K

Nasdaq's president says the SEC’s new crypto stance is letting markets 'build' again