Manta Network (MANTA), SUI, and Pullix (PLX) soar as crypto market takes a hit
MANTA, SUI, and PLX defy market downturn, showcasing resilience amid Bitcoin’s decline. Manta Network surges on Bithumb listing and successful airdrop, capturing investor interest. Pullix’s PLX presale gains momentum, offering an innovative “Trade-to-Earn” concept. In the midst of a crypto market downturn triggered by Bitcoin’s recent price decline, some altcoins are defying the trend and […]
Maker (MKR), THORChain (RUNE) skyrocket; Bitcoin takes $27k again
Maker (MKR) and THORChain (RUNE) prices rose sharply as Bitcoin retested $27k. MKR could spike towards $2k while RUNE eyes buy-side liquidity above $2.01 The cryptocurrency market flipped higher on Thursday, with gains for Bitcoin (BTC) and most altcoins sending the total market cap up by 3.1% as at the time of writing. BTC traded […]
Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll
Key Takeaways Our Head of Research, Dan Ashmore, digs into Bitcoin’s relationship with stocks Correlation between Bitcoin and the Nasdaq is at its lowest point since 2018 The Nasdaq is up 10% in the last month as stocks have surged off softer forecasts around interest rates and the macro climate Bitcoin is down 9% in […]
legendary investor Peter Lynch takes a side
Peter Lynch reveals that he does not own any cryptocurrency. He’s sticking to his ‘buy what you know’ investment strategy. Lynch regrets not investing in Apple and Nvidia in recent years. Bitcoin has massively outperformed equities since the start of this year but legendary investor Peter Lynch continues to prefer the latter. Lynch does not […]