Analysis
Bitcoin, Ethereum correlation to big tech stock increases
Bitcoin and Ethereum's recent price performance correlates with the performance of tech stocks.
Oluwapelumi Adejumo 2 min read
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Adoption
Report: 40% of African-Americans say they use crypto
In a recent poll, 42% of all Americans between 18 and 34 years old said they have traded or used crypto, while 40% of all African-Americans do the same.
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U.S. Senator Warren says “Crypto is this decade’s bubble,” is that really true?
Senator Warren believes Bitcoin is this decade's real estate bubble, however the cryptocurrencies have experienced bigger ‘bubbles’ in the past.
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Bitcoin dips below $43k – UST backing not enough as Fed turns hawkish
Despite acquiring over 26,000 BTC over the last 30 days, Terra’s strategy to back UST with bitcoin couldn’t counterweight market sentiments over the U.S. Fed’s hawkish policy of hiking interest rates by 50 basis points.
Analysis
Bank of America: coming “recession shock” possible boon for crypto
In a weekly research note, Bank of America warns of a coming “recession shock” as the Federal Reserve tightens its monetary policy to tame surging inflation. The shock may benefit cash, commodities and cryptocurrencies.
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GameFi Tokenomics 101: Single-token blockchain games
As an emerging industry, GameFi requires participants to ask many questions about projects before investing. Chief among these are questions about tokenomic models.
Banking
Federal Reserve may purposely force down crypto prices
Former Goldman Sachs Chief Economist thinks the Fed is going to have to shock the market into shedding some of its gains in order to get the markets under control and reduce inflation.
Analysis
Bitcoin and Ethereum transaction fees are dropping
Recent data shows that the transaction fees on the two largest crypto asset by market cap has dropped to record lows.
