Bitcoin is increasingly behaving like gold rather than a technology stock, with its 90-day correlation with gold rising above 50% while its correlation with the Nasdaq 100 has dropped to about 33%. This shift reflects growing investor focus on Bitcoin's scarcity and potential as a store of value amid rising US public debt, which recently surpassed $40 trillion. The renewed debasement trade highlights investor concerns over fiscal pressures and dollar weakness, positioning Bitcoin alongside gold as an alternative asset. While this trend supports Bitcoin's role as a portfolio diversifier, its safe-haven status remains uncertain as correlations can change over time.
The Zcash ETF (ticker ZCSH), launched by Grayscale on NYSE Arca in the US, offers spot exposure to the Zcash coin but is not accessible to German retail investors through local brokers. This is because EU regulations (PRIIPs) require a key informatio...
Shiba Inu (SHIB) is facing selling pressure as seven out of eight short-term spot flow timeframes show negative net inflows, indicating more capital is leaving than entering the market. After a recent price surge to about $0.0000062, SHIB failed to h...
Ripple has announced a four-phase roadmap to secure the XRP Ledger against quantum computing risks by 2028. This plan follows research indicating that quantum computers could soon break the cryptographic security of many blockchains. Ripple’s strateg...
Uniswap's weekly trading volume increased by $325.2 million, with version 4 contributing $170 million and version 3 $155.2 million, driven by growing interest in tokenized stocks. These tokenized stocks now make up more than 4% of decentralized excha...
Apple increased prices for its Apple TV+ streaming service and Apple One bundle, following a trend among major streaming platforms. This comes as Apple reported a record $109.4 billion revenue for the June quarter, driven by a 22% rise in iPhone sale...
