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In: Bitcoin, NYDIG

Though Bitcoin is now not being priced as a macro hedge or fee/inflation commerce, Bitcoin’s latest correlation with U.S. software program equities doesn’t imply it has change into a tech-stock proxy, evaluation from monetary providers agency NYDIG finds.  Whereas correlations have risen to round 0.5, the agency argues that theContinue Reading

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In: Blockchain, NYDIG

NYDIG says capital is concentrating round blockchain initiatives tied to monetary infrastructure somewhat than broad business disruption. Bitcoin and choose financial-focused networks are strengthening as various narratives wrestle to realize traction. The agency argues that blockchain’s core strengths are higher suited to financial capabilities than most client or enterprise functions.Continue Reading