Author: driver789
Bitcoin is still a great way to diversify portfolio even if it trades like a tech stock, analyst says
Bitcoin’s BTC$66,966.29 recent tendency to move in step with U.S. equities does not erase its value as a portfolio diversifier.That’s according to financial services and infrastructure firm NYDIG. In a weekly market note, Greg Cipolaro, the company’s global head of research, said correlations between bitcoin and stock benchmarks such as the S&P 500, the Nasdaq 100, and the software-heavy IGV ETF have risen in recent months.The shift has led some market watchers to argue that the cryptocurrency now trades like a proxy for technology stocks. But Cipolaro disputes that view.Even with correlations near 0.5, equities explain only a small share…
Following a rollercoaster performance during the past week, Bitcoin has had a somewhat stable price action throughout the weekend. With eyes on the escalating tensions in the Middle East, it’s been a little challenging to determine the future trajectory of the crypto market. Nevertheless, the technical and on-chain structure of the premier cryptocurrency suggests that the bear market is still fully on. In fact, the latest on-chain evaluation suggests that the price of Bitcoin is still vulnerable to downside volatility. BTC Price Preparing For Another Round Of Bearish Momentum? In a new post on the X platform, on-chain analyst Boris…
Bitcoin tested $74,000; traders shifted to Hyperliquid to trade oil and gold; miners stepped up coin sales; the community called for a ChatGPT boycott; and other events of the week. Attempts to consolidate The past seven days were volatile for crypto, but brought a few brighter signals. The first cryptocurrency opened Monday around $65,000 and by evening had approached $70,000. It was not the first bid in recent weeks to clear that level, and this time it succeeded. After a brief pullback on Wednesday, 4 March, digital gold surged to $74,000 for the first time in a month. It did…
Bitcoin (BTC) threatened to cement new resistance into Sunday’s weekly close as traders focused on oil and gold.Key points:Bitcoin risks reinforcing its 200-week exponential moving average as new resistance this week.Price remains unable to flip the key trend line back to support as breakouts fail.Oil and gold are seen as the main BTC price volatility catalysts.BTC price 200-week trend line in the spotlightData from TradingView showed multiday lows of $66,569 for BTC/USD over the weekend. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewThis placed the pair below its key 200-day exponential moving average (EMA) trend line, one that it had repeatedly tried and…
Six asset classes now exceed $1 billion onchain, but just 12% of RWA-backed stablecoin supply has entered DeFi protocols.Tokenized real-world assets, excluding stablecoins, have crossed $25 billion in onchain value, nearly quadrupling from roughly $6.4 billion a year earlier, according to data from RWA.xyz.(RWA.xyz)The milestone, and continued growth, as RWAs hit the $20 billion mark at the end of 2025, continues a shift from early experimentation toward institutional-scale deployment. Asset managers, including BlackRock, Fidelity, and WisdomTree, have launched tokenized fund products over the past year, while the number of tokenized U.S. Treasury offerings alone expanded from 35 to over 50,…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Kripto Para Şirketleri Kepenk İndiriyor, Batan Sadece Yatırımcılar Mı? – BitRss – Crypto World News Coin-Turk 30 minutes ago 13 Onlarca kripto para şirketi ve token son aylarda iflas açıkladı. Likidite eksikliği ve kullanıcı ilgisizliği yıkıma neden oluyor.4 yıldır kısa molalara rağmen kripto paralarda zayıflık sürüyor. Devamını Oku:Kripto Para Şirketleri Kepenk İndiriyor, Batan Sadece Yatırımcılar Mı? Kripto Para Şirketleri Kepenk İndiriyor, Batan Sadece Yatırımcılar Mı? yazısı ilk önce COINTURK üzerinde ortaya çıktı. BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage International Kripto Para Şirketleri Kepenk İndiriyor, Batan Sadece Yatırımcılar…
US spot Bitcoin exchange-traded funds recorded their second consecutive week of net inflows, marking the first back-to-back weekly gains in five months.Spot Bitcoin (BTC) ETFs attracted roughly $568.45 million in net inflows this week, according to data from SoSoValue. The products also posted positive flows of about $787.31 million the previous week, showing renewed investor appetite after several weeks of sustained outflows.Before the recent turnaround, US spot Bitcoin ETFs endured a prolonged period of investor withdrawals, recording roughly $3.8 billion in cumulative outflows over a five-week streak. The biggest weekly withdrawal during the streak occurred in the week ending Jan.…
XRP edged lower after a technical breakdown earlier in the session, with buyers now attempting to stabilize price near the $1.35 support area.News BackgroundXRP has remained under pressure in recent sessions as the token trades within a broader corrective structure that has persisted since late February. Price action has largely been driven by technical positioning rather than new catalysts, with traders focusing on key support and resistance levels as the market consolidates.Institutional flows have been mixed during the period. XRP-linked investment products recorded moderate outflows earlier in the week while derivatives activity declined slightly, suggesting reduced speculative participation as the…
According to recent on-chain data, large investors in the XRP market seem to be adjusting their positions. Further analysis suggests that if XRP finds favorable alignment with the current conditions, it could be at the start of a larger upside rally. 44 Million XRP Leave Binance Late In February In a Quicktake post on CryptoQuant, market analyst Amr Taha shared that there have recently been major withdrawals of XRP tokens from Binance, the world’s largest cryptocurrency exchange by trading volume. This outflow trend is based on the Multi Exchanges Daily Whales Netflow metric. For context, this metric monitors the daily…