Bitcoin's Correlation With Gold-Backed PAXG Token Weakens to Record Low
Bitcoin's inverse correlation with PAXG represents the leading cryptocurrency's recent behavior as a risk asset rather than a store of value.
Medley Global Advisors Exec on BTC Price Outlook As CPI Jumps 8.5% in March
Medley Global Advisors’ Ben Emons discusses BTC price action as the Consumer Price Index (CPI) reaches a 40-year high of 8.5%. Emons explains bitcoin’s connection to inflation and the idea of “digital inflation,” noting the economic impact of rising gas prices.
Market Wrap: Cryptos Slide Amid Higher Volatility; Returns Typically Strong in April
Bitcoin and stocks are entering a seasonally strong period.
Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold
Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.
First Mover Asia: Why Japan, China and Other Regional Powers Still Put Their Faith in T-Bills, Gold; Cryptos Climb Higher
Some observers viewed bitcoin as ushering in a new era of financial sovereignty amid growing uncertainty about long-term U.S. economic dominance globally, but many countries are still investing in gold and U.S. Treasury bills.
BTC Correlation to the S&P 500 Hitting 17-Month High
The debate over bitcoin's value as a digital gold safe haven asset or a risky investment is heating up. As BTC's sensitivity to stock markets increases, concerns that the Federal Reserve's aggressive tightening plans may tip the U.S. economy into recession rise. Christine Lee breaks down the Chart of the Day.
Saudi Arabia Mulls Pricing of China Oil Sales in Yuan: Report
The move would be a challenge to the U.S. dollar, which has dominated as the medium of exchange for the oil trade for decades.
Bitcoin: Gold 2.0? Try Reserve Asset 3.0
The conflict between Russia and Ukraine is beginning to send ripples through the global economy that could lead to a new monetary system.
Inflation Reaches 40-Year High of 7.9%, Can Bitcoin Help Consumers?
"The Hash" discusses what U.S. inflation rates at 7.9%, a level not seen in over 40 years, means for consumers in their necessary expenses and if bitcoin presents a solution to these concerns. Plus, a conversation on other assets like gold as an inflation hedge and rising oil prices following the Russia-Ukraine war.
Market Rally as Biden Signs Crypto Executive Order
John Sarson, Sarson Funds CEO and founder, joins “First Mover” to provide his analysis on the current state of the crypto markets amid a recent price rally for cryptocurrencies.