Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold
Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset. Bitcoin Is More Like Copper Than Gold as Inflation Hedge The global head of commodities research at Goldman Sachs, Jeff […]
Market makers in ‘fear mode’ ahead of Friday’s $575M Bitcoin options expiry
Bears’ misplaced belief that Bitcoin’s price would drop to $32,000 allowed Friday’s BTC options expiry to become unexpectedly balanced. Bears’ misplaced belief that Bitcoin’s price would drop to $32,000 allowed Friday’s BTC options expiry to become unexpectedly balanced.
Analyst says Bitcoin could see ‘a smaller drawdown and a quicker bottom’
Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.” Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.”
Investors cautiously re-enter crypto funds while ETH vehicles show strength
Investors like the looks of proof-of-stake coins, while Ethereum leads the way. Investors like the looks of proof-of-stake coins, while Ethereum leads the way.
Bonded.Finance (BOND) Token Is Now Listed on Bitcoin.com Exchange
PRESS RELEASE. Bitcoin.com Exchange is ecstatic to announce the listing of BOND, being available to trade on the 2nd June 2021 at 12:00PM UTC. BOND was created by the Bonded.Finance team, as the driver and receipt of value within their platform. BOND will start trading with BTC and USDT pairs. What is Bonded.Finance? With nearly […]
Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’
The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2. Canaan Expects $250M in Revenue for Q2 – Company […]
Pepe the Frog Creator Launches NFTs Featuring the Infamous Internet Meme
The infamous Internet meme “Pepe the Frog” will be immortalized in non-fungible token (NFT) collectible form by the frog’s original creator Matt Furie. Of course, Pepe has been featured in blockchain art before and a series of cards were created via Counterparty in 2016. However, despite the number of NFT rare Pepes on the web, […]
Bonsai bonanza as Zenft studio sells out $2 million NFT drop in one hour
The digital trees are a smash hit amid a demand drought for NFT projects. The digital trees are a smash hit amid a demand drought for NFT projects.
Altcoins and DeFi tokens breakout as Bitcoin price nears a key resistance
DOGE, KNC and KAVA are just a few of the altcoins that posted double-digit gains as Bitcoin and Ethereum price rallied to key overhead resistance levels. DOGE, KNC and KAVA are just a few of the altcoins that posted double-digit gains as Bitcoin and Ethereum price rallied to key overhead resistance levels.
Google Announces New Policy for Cryptocurrency Ads
Google has announced an update to its financial products and services policy, which includes its policy on cryptocurrency advertising. The new rules will take effect in August and all prior crypto exchange certifications will be revoked. Advertisers must request new cryptocurrency exchanges and wallets certification with Google. Google Introduces New Crypto Ad Rules Google Inc. […]
