Bitcoin slumps as tech giant Palantir (PLTR) rallies to new highs — What gives?

In recent years, a battle of the minds has surfaced on whether or not Bitcoin’s price is correlated with other financial assets, such as stocks. A recent report from Fidelity Digital Assets brings clarity to the argument. Fidelity’s lengthy report, titled Bitcoin Investment Thesis: Bitcoin’s Role As An Alternative Investment, shows not only a lack of…

Asia’s top automobile manufacturer’s latest research details how Ethereum can turn vehicles into public infrastructure as Korean police crack $2M drug case, and more!

The number of retail investors registering for an account with Japanese cryptocurrency exchange bitbank spiked by 40% in the week after the Bitcoin bloodbath. The March 12 meltdown saw the price of Bitcoin (BTC) drop to a new 2020 low at $3,775. An official blog post by bitbank market analyst Yuya Hasegawa reveals that Bitcoin trade…

Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases. 968 Total views 24 Total shares With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and…

With new legislation on digital assets coming into effect in a month, Russian financial institutions are looking to act. 488 Total views 10 Total shares With a new law coming into effect in Russian, the country's largest bank is planning a new blockchain platform for trading, as well as a native token.According to a Monday…

More than 110,000 investors signed up for the chance to receive one of 1,000 whitelistings for Umbrella Network’s IDO on Polkastarter. 5235 Total views 17 Total shares Decentralized oracle network Umbrella has published details of its recent initial DEX offering, or IDO, revealing that 110,000 applicants hsigned up for the offering on Polkastarter.The Feb. 9…

Kings of Leon generated $1.45 million to $2 million in sales from their new NFT releases and will donate some of the proceeds to Live Nation’s Crew Nation Fund. 1013 Total views 10 Total shares The Kings of Leon’s tokenized album and NFTs sale that began on March 5 has generated at least $1.45M, or…

The creator of the stock-to-flow (S2F) Bitcoin (BTC) price model says that the upcoming block reward halving will decide if it lives or dies.In a series of tweets on April 16, PlanB said that he is sticking by the Bitcoin price increasing by “an order of magnitude” in the two years after the May halving.Analyst…

The Supreme Court of India has this week listened to further hearings in the landmark case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses.On Jan. 22 and Jan. 23, proceedings continued with arguments presented by Ashim Sood, the legal counsel for the Internet & Mobile Association of India (IAMAI). In the…