Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found. The correlation between the largest cryptocurrency and the S&P 500 stock index stood… Continue reading Most Cryptos Correlated with Stocks, Not with Gold – Analysts

Ukraine’s corruption watchdog has unearthed what it believes is evidence of possible irregularities on an MP’s crypto declaration – and her cache of bitcoin (BTC), ethereum (ETH), and ethereum classic (ETC). As previously reported, Ukrainian anti-corruption laws oblige all MPs to file declarations detailing all their assets – including cryptoassets. And per Slovoidilo, the National… Continue reading Ukrainian MP ‘Fails to Provide Evidence of Where She Got Her BTC, ETH, ETC Stash’

Ethereum (ETH)’s decentralized naming system, Ethereum Name Service (ENS), has just launched its highly-anticipated governance token via an airdrop that can be claimed by existing ENS users. At 14:09 UTC, the ENS token traded at USD 46, up a whopping 156% in less than a day, with the majority of trading taking place on the… Continue reading Ethereum Name Service Token, ENS, Soars on First Day of Trading