Decoupling

  • The Massive Sale of Bitcoin and Ethereum: What it Means for the Cryptocurrency Market

    According to reports, according to Coinglas data, the entire network has sold out $158 million in the past 24 hours, of which Bitcoin sold out $27.29 million, accounting for approx

    04/14/2023
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  • Legends of the Mara (LOTM) Gameplay Updated on Otherside Metaverse Platform

    On April 4th, Yuga Labs updated the 2D strategy game Legends of the Mara (LOTM) gameplay on the metaverse platform Otherside. Users can apply for it by participating in Koda\’s \”Dec

    04/04/2023
    118
  • Bitcoin Breaks Free: No Correlation with Traditional Indices

    According to reports, Bitcoin Magazine reported that the price trend of Bitcoin this week was decoupled from the Nasdaq, S&P 500, and Dow Jones indices. Bitcoin trend decoupled from the three major US stock indexes this week Analysis based on this information:Bitcoin Magazine, the leading cryptocurrency publication, reported that Bitcoin has decoupled from traditional indices such as the Nasdaq, S&P 500, and Dow Jones. This happened in the week ending August 22, 2021. Bitcoin’s independence from the stock market indices is a new development that suggests a blossoming relationship between cryptocurrencies and the traditional financial system. The Nasdaq, S&P 500, and Dow Jones indices have shown a strong correlation with Bitcoin’s price in the past. When the stock market experiences volatility, Bitcoin has often followed the trend. However, according to the report, the price trend of Bitcoin hadn’t aligned with that of the traditional indices over the course of the week. The decoupling of Bitcoin from the traditional indices suggests…

    03/18/2023
    123
  • Aave Ecological NFT Project Aavegotchi Proposes GHST Token Decoupling from DAI

    On February 20, it was reported that Aave Ecological NFT Project Aavegotchi initiated a vote on the proposal to close the agreement Token GHST joint curve. The…

    02/20/2023
    110