Crypto News

Bitcoin’s Correlation with S&P 500 Drops to Zero A New Shift in the Market Bitcoin’s (BTC) price behavior has long been tied to the broader movements of traditional financial markets, especially equities. Investors have often looked to the S&P 500 as a key indicator of where Bitcoin might be headed next. However, a new shift…

Binance Founder Changpeng Zhao to Donate Additional Funds to Victims of TST and BROCCOLI Memecoins Crypto Community Comes Together in Support In a recent announcement, Binance founder Changpeng Zhao has pledged to donate additional funds to victims of the controversial TST and BROCCOLI memecoins. This generous act follows his previous donation to victims of the…

Abstract’s Security Incident: Session Key Hack What Happened? Last week, Abstract reported a security incident described as a ‘session key hack’ targeting thousands of wallets interacting with Cardex. This breach has raised concerns among users and cybersecurity experts alike, as it exposes vulnerabilities in the platform’s security protocols. Impact on Users Users who have wallets…

Analyst Warns of Bearish Signals for Bitcoin Introduction Three years ago, an analyst accurately predicted the crypto meltdown and is now warning that Bitcoin (BTC) is showing bearish signals. This suggests that the current consolidation phase may resolve to the downside, impacting investors and the cryptocurrency market as a whole. Bitcoin’s Current Position Bitcoin has…

Embracing Change: Navigating the Shifting Economic Landscape A New Era of Market Influence In a note published on Tuesday, Jurrien Timmer, Director of Global Macro at Fidelity Investments, delves into the potential impact of a changing economic landscape on various facets of the financial world. With the S&P 500 recently reaching new highs and the…

Assessing odds of ETH reclaiming $4k ahead of the Pectra upgrade Assessing odds of ETH reclaiming $4k ahead of the Pectra upgrade Ethereum (ETH) has been on a rollercoaster ride in the past few weeks, with prices experiencing significant fluctuations. The upcoming Pectra upgrade, scheduled to launch soon, has sparked discussions among investors and traders…

Bitcoin’s Price Volatility: A Look at Recent Fluctuations The Current Bitcoin Market Bitcoin’s price is showing signs of volatility, with recent fluctuations sparking comparisons to its movements in August 2023. Investors and traders are closely monitoring the price action of the world’s most popular cryptocurrency, as it continues to experience ups and downs in the…

Galaxy’s Head of Research Denies Claims of Murad Mahmudov Selling SPX Tokens Recently, there have been rumors circulating that Murad Mahmudov, a well-known meme coin analyst, sold his SPX6900 (SPX) tokens to Galaxy, a leading blockchain investment firm. However, Alex Thorn, Galaxy’s Head of Research, has refuted these claims and stated that there is no…