In brief


$118,830.00
0.85%$3,639.02
7.15%$3.52
10.12%$758.73
6.03%$181.52
4.13%$0.999938
0.02%$0.246238
15.71%$3,637.35
7.87%$0.332428
6.50%$0.857162
7.88%$118,670.00
0.82%$45.74
-1.26%$4,381.38
7.44%$0.484095
4.43%$4.01
1.02%$18.55
9.53%$0.275297
12.97%$527.96
7.17%$24.39
7.73%$3,901.38
8.04%$0.00001537
8.26%$3,643.62
8.09%$8.97
1.74%$3.31
3.19%$106.45
7.17%$1.00
0.03%$4.46
6.69%$1.001
-0.14%$45.50
1.50%$10.74
21.51%$332.06
-2.31%$118,814.00
1.06%$0.00001381
2.59%$5.08
8.53%$1.002
0.49%$329.07
2.74%$0.122699
11.71%$418.61
-1.98%$2.97
5.97%$23.92
21.15%$5.53
7.19%$0.454518
3.71%$1.18
0.19%$1.056
3.97%$6.05
8.18%$220.91
4.85%$48.48
1.91%$1.00
0.00%$0.00003487
-5.39%$0.306778
6.13%$0.784114
4.22%$0.406235
7.88%$0.096899
4.37%$0.486417
9.33%$0.02847709
11.77%$5.10
7.43%$0.247551
6.81%$4.28
5.16%$1.00
-0.05%$3,646.95
7.68%$0.817221
7.40%$10.49
6.11%$0.362475
2.00%$1.19
7.24%$16.66
5.44%$2.90
8.96%$4.52
0.01%$0.03003534
-1.93%$0.08693
8.98%$1.06
0.05%$192.34
3.96%$3,813.76
7.46%$118.32
2.97%$4,147.06
7.26%$1.84
2.36%$118,457.00
0.60%$0.563454
4.72%$0.00463698
-13.17%$5.00
2.30%$11.94
1.36%$1.49
1.23%$2.09
8.15%$0.999811
0.29%$0.999914
0.01%$0.813537
14.77%$14.51
5.34%$0.02022212
10.40%$0.086411
9.51%$0.881524
7.69%$4.71
8.95%$3,830.35
7.07%$0.995122
1.86%$0.999483
0.20%$3,882.03
7.10%$1.33
0.11%$0.405951
5.79%$0.00013435
2.38%$3,936.63
7.82%$1.89
4.16%$3,834.99
8.07%$118,428.00
0.89%$1.001
0.03%$0.616273
12.46%$0.112889
7.95%$1.094
1.72%$1.12
20.00%$1.00
-0.21%$0.169724
7.74%$756.12
5.67%$203.89
4.43%$2.78
8.29%$118,445.00
1.18%$28.73
10.25%$3,362.08
1.06%$0.596906
6.83%$0.241602
6.54%$0.94026
10.01%$120,761.00
1.27%$0.02015324
10.06%$237.44
4.80%$11.22
83.18%$1.11
0.08%$0.999978
0.06%$0.01788862
5.02%$0.34292
8.63%$3,351.29
1.01%$0.138333
9.68%$0.927283
2.55%$3,641.10
7.83%$3,888.34
7.00%$2.95
1.17%$3,820.97
5.65%$4.61
9.90%$46.88
5.45%$0.718642
10.49%$2.04
6.52%$0.00000073
4.71%$111.83
0.01%$0.265697
-1.85%$0.430318
7.13%$3.68
6.30%$0.99869
0.02%$2.08
0.66%$0.346973
9.14%$0.00711468
14.68%$0.999907
0.01%$118,502.00
0.81%$0.01891427
-0.32%$0.249362
17.92%$3,648.19
8.22%$1.09
-0.19%$0.458918
0.72%$0.06352
4.61%$0.00000159
0.32%$0.00887344
1.37%$1.69
4.14%$118,486.00
1.07%$29.48
2.28%$0.585353
6.13%$0.99803
0.06%$0.344615
-8.15%$3,871.47
7.69%$0.709178
6.60%$1.34
3.40%$118,969.00
1.05%$0.00955501
0.47%$0.109043
10.08%$45.82
-0.76%$0.152088
8.07%$4,024.18
8.00%$3,643.73
8.20%$0.073769
-0.28%$0.695328
7.03%$1.00
0.02%$0.512025
4.64%$7.87
7.95%$1.16
0.06%$3,614.81
7.07%$1.001
0.05%$0.203366
4.12%$7.16
7.67%$0.42383
2.85%$17.68
7.83%$53.03
5.89%$1.57
2.25%$0.997791
0.08%$0.44142
1.21%$3,916.78
6.13%$0.44134
-1.05%$0.337474
4.86%$0.00000047
3.65%$2.80
7.25%$0.220199
-0.37%$0.063443
5.64%$8.01
-1.89%$0.00002289
4.71%$45.80
-0.92%$3,625.46
6.74%$0.093173
8.20%$0.04453582
6.16%$10.75
0.00%$3,645.64
7.77%$0.92763
5.20%$0.161094
5.02%$0.59273
5.81%$1.72
-0.52%$0.00411066
2.71%$1.093
0.06%$1.00
0.02%$4,378.85
7.71%$1.00
-0.07%$1.002
-0.02%$119,081.00
3.60%$0.00779525
3.48%$0.39259
7.44%$0.0057045
-0.34%$198.79
4.03%$148.42
4.62%$1.42
4.27%$0.400068
-1.76%$0.587426
6.43%$0.03902349
4.71%$0.00006876
7.97%$1.00
0.06%$29.59
6.98%$0.0196821
4.65%$12.68
3.04%$24.37
7.56%$0.799551
12.20%$0.862658
5.58%$0.247803
6.91%$3,827.11
8.51%$118,560.00
0.74%$4.33
-5.50%$0.03342474
1.44%$0.763592
2.30%$0.00415977
4.70%$0.999965
0.04%$21.25
0.32%$1.15
0.51%$0.0037741
2.07%$0.330548
8.30%$4,099.83
7.71%$3.66
16.45%$7.55
7.39%$0.00000155
1.80%$0.998831
-0.03%$1.00
0.23%Reading
Bitcoin’s status as a safe haven was threatened recently when its price fell in line with the global stock market. Suddenly it was perceived as a more risky asset—with investors seeking safety in stablecoins, and cash.
But a report by crypto exchange Coinbase published yesterday begs to differ. While it acknowledges that Bitcoin does sometimes correlate with traditional markets, it often goes completely the other way.
Coinbase Card owners can now add a virtual version of the card to their Google Pay wallet, making it easier for them to spend their Bitcoin in shops. Support for Google Pay covers more than a dozen European countries. Coinbase Card is a Visa debit card that was launched by Coinbase back in April 2019. Coinbase debit card users are able to spend 10 different cryptocurrencies directly from their Coinbase balance at any shop that accepts Visa payments. A look at the Coinbase Card. Image: Coinbase....
A value of 1 indicates a perfect positive correlation, while -1 indicates a perfect negative correlation.
“Bitcoin’s historical correlation with the S&P 500 swings wildly between 1.00 and -1.00, seemingly positively correlated at times then negatively correlated during others. That means BTC has been largely uncorrelated with major stock market indices throughout its history.”
To compare, Coinbase found that the S&P 500 was almost always correlated with the Dow Jones Industrial Average, while Bitcoin was highly correlated with Ethereum.
But there’s one thing they do have in common right now and that’s increased volatility. “By measuring 10-day volatility, the S&P 500 has recently spiked to levels that rival Bitcoin’s typical range. S&P 500 volatility has increased substantially in recent days, and so has BTC," the report stated.
But then, with the stock markets experiencing their worst day in 30 years and Bitcoin the worst day in seven years, that’s not exactly a surprise.
Kraken launched a regulated crypto futures platform for U.S. clients Thursday, coinciding with the House's passage of sweeping digital asset legislation that could transform and reshape the industry's legal footing. Offered through Kraken Derivatives U.S., the new service allows American users to trade CME-listed Bitcoin and Ethereum contracts along with spot crypto assets on Kraken Pro, marking Kraken’s first foray into U.S.-regulated derivatives. The launch is a “meaningful step” that could gi...
Shares of electric vehicle maker Volcon soared nearly 135% on Thursday after the company announced that it would raise $500 million to kick-start a Bitcoin treasury, joining a growing number of firms building BTC treasuries as a major component of their corporate strategies. The firm has entered into an agreement to sell 50,142,851 shares of its common stock at $10 per share through a private placement, according to the statement. The firm will use 95% of the roughly $500 million it raises to b...
Publicly traded firm Bit Origin, which is focused on Bitcoin mining infrastructure and investments, is raising $500 million to buy leading meme coin Dogecoin (DOGE) as it builds its own digital assets treasury. The firm entered into agreements to sell up to $400 million in Class A ordinary shares, as well as up to $100 million in convertible debt. “Bit Origin is evolving beyond mining infrastructure to engage directly in the value and utility of digital assets,” said Bit Origin Chairman Jinghai...