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Bakkt In Final Stage Talks With VPC Impact Acquisition Holdings To Go Public

Prashant Jha January 8, 2021

Bakkt, the Intercontinental Exchange Inc. owned crypto subsidiary is in final stage talks with VPC Impact Acquisition Holdings to go public. A Bloomberg report confirmed that the Bitcoin futures market provider is planning to merge with the special purpose acquisition company firm VPC Impact at a combined valuation of $2 billion. Sources: Intercontinental Exchange's Bakkt is

Bakkt, the Intercontinental Exchange Inc. owned crypto subsidiary is in final stage talks with VPC Impact Acquisition Holdings to go public. A Bloomberg report confirmed that the Bitcoin futures market provider is planning to merge with the special purpose acquisition company firm VPC Impact at a combined valuation of $2 billion. Sources: Intercontinental Exchange's Bakkt is

Bitcoin-correction-5%
Bitcoin News
Bitcoin-correction-5%
Bitcoin News

BTC Slips Below $13,000 As Crypto Market Comes Under Pressure Amid Stock Market Sell-off

Bhushan Akolkar October 29, 2020

After holding up well earlier this week against the stock market sell-off, Bitcoin finally enters correction slipping below the crucial $13,000 in a market-wide sell-off. At press time, Bitcoin (BTC) is trading 3.23% down at a price of $12,980 with a market cap of $240 billion. At press time, the overall cryptocurrency market looks under

After holding up well earlier this week against the stock market sell-off, Bitcoin finally enters correction slipping below the crucial $13,000 in a market-wide sell-off. At press time, Bitcoin (BTC) is trading 3.23% down at a price of $12,980 with a market cap of $240 billion. At press time, the overall cryptocurrency market looks under

Bitcoin-DJIA-S&P500-Nasdaq-Gold
Bitcoin News
Bitcoin-DJIA-S&P500-Nasdaq-Gold
Bitcoin News

Bitcoin (BTC) Outperforms Stocks by Over 3X In 2020

Bhushan Akolkar October 23, 2020

Over the last few months, global investors have been largely celebrating their gains in the U.S. stock market. The tech sector has outperformed the indices, especially some of the top tech companies like Amazon, Apple, Alphabet, Microsoft, etc. However, when compared to the top-three indexes in the U.S. stock market, Bitcoin overwhelmingly outclasses them in

Over the last few months, global investors have been largely celebrating their gains in the U.S. stock market. The tech sector has outperformed the indices, especially some of the top tech companies like Amazon, Apple, Alphabet, Microsoft, etc. However, when compared to the top-three indexes in the U.S. stock market, Bitcoin overwhelmingly outclasses them in

Bitcoin volatility
Bitcoin News
Bitcoin volatility
Bitcoin News

Bitcoin [BTC] Myth Buster: Volatility Now Lower Than Multiple Stocks

Nivesh Rustgi July 31, 2020

Research around Bitcoins volatility in comparison with the equities included in the S&P 500 index reveals that Bitcoin’s realized volatility from the beginning of the year and a 90-day period is better than many stocks. The research finds, … bitcoin has exhibited lower volatility than 172 stocks of the S&P 500 in a 90 day

Research around Bitcoins volatility in comparison with the equities included in the S&P 500 index reveals that Bitcoin’s realized volatility from the beginning of the year and a 90-day period is better than many stocks. The research finds, … bitcoin has exhibited lower volatility than 172 stocks of the S&P 500 in a 90 day

Bitcoin gold
Bitcoin News
Bitcoin gold
Bitcoin News

Bitcoin, Gold and Stocks Takes Off As Market is Forced to Take Risks: Analysts

Nivesh Rustgi July 22, 2020

The markets are green across all major assets, including stock markets, commodities and crypto. This is despite the rise of unemployment and economic slowdown. According to leading financial analysts, there are a number of factors at play which despite the facade of a bubble keeps pushing asset prices.  There is a lot of liquidity in

The markets are green across all major assets, including stock markets, commodities and crypto. This is despite the rise of unemployment and economic slowdown. According to leading financial analysts, there are a number of factors at play which despite the facade of a bubble keeps pushing asset prices.  There is a lot of liquidity in

stock-market-listing
Bitcoin News
stock-market-listing
Bitcoin News

Coinbase Inc. in Preparation for a Stock Market Listing: Report

Nivesh Rustgi July 9, 2020

Coinbase Inc., one of the most popular cryptocurrency exchanges is reportedly readying a direct listing on the stock market, according to sources. An independent researcher, *Walter Bloomberg, tweeted about the news first. Reuters also published a similar report a while back, further confirming the reports. EXCLUSIVE-COINBASE INC KICKS OFF PREPARATIONS FOR A STOCK MARKET DEBUT-SOURCES

Coinbase Inc., one of the most popular cryptocurrency exchanges is reportedly readying a direct listing on the stock market, according to sources. An independent researcher, *Walter Bloomberg, tweeted about the news first. Reuters also published a similar report a while back, further confirming the reports. EXCLUSIVE-COINBASE INC KICKS OFF PREPARATIONS FOR A STOCK MARKET DEBUT-SOURCES

us bank charter stablecoin disruptor
Bitcoin News
us bank charter stablecoin disruptor
Bitcoin News

Bitcoin and Stock Markets Shows Signs of Re-coupling, Projects a Drop to $6k Range

Nivesh Rustgi June 26, 2020

Bitcoin price seems to be reacting negatively to the increased uncertainty in the equity markets. The apprehensions around the second wave of COVID-19 and rising debt crisis is acting as resistance to the rise in the S&P 500 index. On the other hand, while gold has been holding on to its’ gains during these times, Bitcoin

Bitcoin price seems to be reacting negatively to the increased uncertainty in the equity markets. The apprehensions around the second wave of COVID-19 and rising debt crisis is acting as resistance to the rise in the S&P 500 index. On the other hand, while gold has been holding on to its’ gains during these times, Bitcoin

polkadot bullish waves
Bitcoin News
polkadot bullish waves
Bitcoin News

Bitcoin and Gold Correlation at All-Time High as Prices Arrive at Resistance

Nivesh Rustgi July 24, 2020

The correlation between Bitcoin [BTC] and gold is at an all-time high. Moreover, looks like the de-coupling with the S&P 500 has happened completely as well.   Bloomberg Intelligence: Bitcoin-Gold 52-week correl (0.43) at all time highs: pic.twitter.com/ci1y1ngMQr — light (@LightCrypto) June 9, 2020 The important point to understand here is why the S&P correlation held

The correlation between Bitcoin [BTC] and gold is at an all-time high. Moreover, looks like the de-coupling with the S&P 500 has happened completely as well.   Bloomberg Intelligence: Bitcoin-Gold 52-week correl (0.43) at all time highs: pic.twitter.com/ci1y1ngMQr — light (@LightCrypto) June 9, 2020 The important point to understand here is why the S&P correlation held

jobs back
Bitcoin News
jobs back
Bitcoin News

Bitcoin and Gold Fear Bear Reversal as U.S. Employment Rate Improves

Nivesh Rustgi June 8, 2020

The negative correlation of the stock markets with gold and Bitcoin continue to its trend. As reported yesterday, the two commodities (or digital asset) began an uptrend against the negative move in stocks. While the uptrend does not seem to hold, the negative correlation is getting stronger. Have We Hit Bottom? The rate of unemployment

The negative correlation of the stock markets with gold and Bitcoin continue to its trend. As reported yesterday, the two commodities (or digital asset) began an uptrend against the negative move in stocks. While the uptrend does not seem to hold, the negative correlation is getting stronger. Have We Hit Bottom? The rate of unemployment

Bitcoin News
Bitcoin News

Bitcoin and Gold Bounce Back with a Dip in Stocks, Will the Trend Continue?

Nivesh Rustgi July 24, 2020

Gold futures gained on Thursday as global socio-economic tension continue to linger. The price bounced back above $1700 after a two-day fall as the tension between the U.S. and China along with riots in the states have continued to create a tensed environment. The stocks opened slightly lower (negative 0.2%) today for the first time

Gold futures gained on Thursday as global socio-economic tension continue to linger. The price bounced back above $1700 after a two-day fall as the tension between the U.S. and China along with riots in the states have continued to create a tensed environment. The stocks opened slightly lower (negative 0.2%) today for the first time

Bitcoin-Cash-BCH-Bulls
Bitcoin News
Bitcoin-Cash-BCH-Bulls
Bitcoin News

S&P 500 Moves Above $3000 Defying Naysayers, Bitcoin and Altcoins to Follow?

Nivesh Rustgi May 26, 2020

The S&P 500 index moves above $3000 in less than three months from the COVID-19 crash in mid-march. With the weak economic projection and fundamental, this might come as a surprise to many. Nevertheless, the price action seems to be dominated by the Fed induced market liquidity. Thomas Lee, partner at Fundstrat tweeted, – analysts

The S&P 500 index moves above $3000 in less than three months from the COVID-19 crash in mid-march. With the weak economic projection and fundamental, this might come as a surprise to many. Nevertheless, the price action seems to be dominated by the Fed induced market liquidity. Thomas Lee, partner at Fundstrat tweeted, – analysts

coronavirus vaccine gold bitcoin
Bitcoin News
coronavirus vaccine gold bitcoin
Bitcoin News

Bitcoin and Gold Down as Coronavirus Vaccine Turns ‘Risk-on’

Nivesh Rustgi July 24, 2020

Positive human trials for the COVID-19 vaccine seems to be turning the market sentiments to ‘risk-on’ mode again. Yesterday, the Dow Jones Industrial Avg. (DJIA) and S&P 500 index rose by 3.85% and 3.18%, respectively. Whereas, Gold and Bitcoin took a beating at the edge of a bullish breakout.  On Monday, Moderna, Inc., an American

Positive human trials for the COVID-19 vaccine seems to be turning the market sentiments to ‘risk-on’ mode again. Yesterday, the Dow Jones Industrial Avg. (DJIA) and S&P 500 index rose by 3.85% and 3.18%, respectively. Whereas, Gold and Bitcoin took a beating at the edge of a bullish breakout.  On Monday, Moderna, Inc., an American

bitcoin
Bitcoin News
bitcoin
Bitcoin News

As GDPs Fall, Gold Price Makes a New Yearly High. Will Bitcoin Follow?

Nivesh Rustgi May 16, 2020

Gold prices made a new yearly high yesterday. While the difference from the February highs is mere $4, $1751 compared to $1747, it is following a wide and deep trough caused by the massive COVID-19 dump. Since the ominous address made by the U.S. Fed Chairman, Jerome Powell, on Wednesday, gold has risen by 3.45%.

Gold prices made a new yearly high yesterday. While the difference from the February highs is mere $4, $1751 compared to $1747, it is following a wide and deep trough caused by the massive COVID-19 dump. Since the ominous address made by the U.S. Fed Chairman, Jerome Powell, on Wednesday, gold has risen by 3.45%.

bitcoin-gold-stocks-markets
Bitcoin News
bitcoin-gold-stocks-markets
Bitcoin News

‘Sell in May and Go Away,’ Will Bitcoin Respond to Old Stock Market Adage?

Nivesh Rustgi May 2, 2020

The sentiments of the stock markets have been quite fragile, fluctuating between old adages and internet trolls. Elon Musk, the founder and CEO of Tesla yesterday caused a massive $15 billion wipe-out from the market capitalization of Tesla. The traders were irked by a personal tweet from the famous entrepreneur. Tesla stock price is too

The sentiments of the stock markets have been quite fragile, fluctuating between old adages and internet trolls. Elon Musk, the founder and CEO of Tesla yesterday caused a massive $15 billion wipe-out from the market capitalization of Tesla. The traders were irked by a personal tweet from the famous entrepreneur. Tesla stock price is too

bear channel stock market
Bitcoin News
bear channel stock market
Bitcoin News

Bitcoin [BTC] Price Bear Channel Intact along with Peer Pressure from Stocks: Mati Greenspan

Nivesh Rustgi May 1, 2020

Bitcoin [BTC] is back in the long-term bearish channel as the stock market correlation and pre-halving pump fail to break above resistance. Mati Greenspan, leading financial and crypto analyst marked that resistance from the 2019 bear channel still holds.  The mid-line of the parallel channel has been has been a significant level for resistance and

Bitcoin [BTC] is back in the long-term bearish channel as the stock market correlation and pre-halving pump fail to break above resistance. Mati Greenspan, leading financial and crypto analyst marked that resistance from the 2019 bear channel still holds.  The mid-line of the parallel channel has been has been a significant level for resistance and

bitcoin cme gap filled
Bitcoin News
bitcoin cme gap filled
Bitcoin News

Bitcoin [BTC] Price Fills Month Old CME Gap, as One More Remains at $10,200

Nivesh Rustgi April 30, 2020

Yesterday, Bitcoin [BTC] gained 13.4% on the spot exchanges as the price a formed high at $8900 on spot exchanges. Moreover, the top also filled a month old CME gap which was recorded on the week of the ‘Black Thursday’ crash. A derivatives and crypto traders, CryptoFibonacci, noted on about the next gap which was

Yesterday, Bitcoin [BTC] gained 13.4% on the spot exchanges as the price a formed high at $8900 on spot exchanges. Moreover, the top also filled a month old CME gap which was recorded on the week of the ‘Black Thursday’ crash. A derivatives and crypto traders, CryptoFibonacci, noted on about the next gap which was

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin [BTC] Traders Doubt Bull Run. Are We in a Technology Bubble?

Nivesh Rustgi April 27, 2020

Bitcoin [BTC] price closed at $7725 on a weekly scale. Nevertheless, the volatility in the short term has been considerably high with positions liquidating on both sides. The funding rate on BitMEX is still negative which suggests that the majority of traders are positioned short. On Huobi as well, negative BTC Basis indicated a bearish

Bitcoin [BTC] price closed at $7725 on a weekly scale. Nevertheless, the volatility in the short term has been considerably high with positions liquidating on both sides. The funding rate on BitMEX is still negative which suggests that the majority of traders are positioned short. On Huobi as well, negative BTC Basis indicated a bearish

us bank charter stablecoin disruptor
Bitcoin News
us bank charter stablecoin disruptor
Bitcoin News

Bitcoin and SPX Bear Squeeze? US Fed to Add $300 billion to Unlimited QE this Week

Nivesh Rustgi April 20, 2020

Traders are currently net short on the stock markets as the global economy is heading into a recession. Nevertheless, the US government and international agencies have been desperately keeping the worst at bay, at the moment. Moreover, Bitcoin’s recent correlation with the stock markets echoes with similar sentiments as the price faces resistances from the

Traders are currently net short on the stock markets as the global economy is heading into a recession. Nevertheless, the US government and international agencies have been desperately keeping the worst at bay, at the moment. Moreover, Bitcoin’s recent correlation with the stock markets echoes with similar sentiments as the price faces resistances from the

Bitcoin News
Bitcoin News

Bitcoin [BTC] and Stock Market Traders in Disbelief by Bullish Price Action

Nivesh Rustgi April 17, 2020

The disbelief among traders grew stronger as the price action on crypto and stock markets continue bullish streak despite bearish sentiments. Bitcoin [BTC] price broke above $7000 the previous day as the price bounced from lows around $6,650. The price of Bitcoin [BTC] at 5: 30 hours UTC on 17th April 2020 is $7065. The next

The disbelief among traders grew stronger as the price action on crypto and stock markets continue bullish streak despite bearish sentiments. Bitcoin [BTC] price broke above $7000 the previous day as the price bounced from lows around $6,650. The price of Bitcoin [BTC] at 5: 30 hours UTC on 17th April 2020 is $7065. The next

bitcoin-reserve-indicator
Bitcoin News
bitcoin-reserve-indicator
Bitcoin News

Bitcoin Price Sentiments Traces Back to 2019 Levels before Bull Run to $14,000

Nivesh Rustgi April 11, 2020

Has or Hasn’t Bitcoin [BTC] answered the Safe-Haven Call?  Last year, Bitcoin [BTC] price rose from $4200 to $14,000 beginning the correlation with gold, in the face of the US-China Trade War. Currently, it stands a bigger confluence level that last year with the COVID-19 crisis. Moreover, in April the sentiments of the traders were

Has or Hasn’t Bitcoin [BTC] answered the Safe-Haven Call?  Last year, Bitcoin [BTC] price rose from $4200 to $14,000 beginning the correlation with gold, in the face of the US-China Trade War. Currently, it stands a bigger confluence level that last year with the COVID-19 crisis. Moreover, in April the sentiments of the traders were