As per the latest report by MSTR-tracker data, the correlation coefficient between the Microstrategy (MSTR) stock price and the Bitcoin (BTC) has hit a record high around the same time recently. Moreover, the (100x) MSTR/BTC price ratio has reached 0.5 for the first time ever this month. Furthermore, during the same time period, the premium of $MSTR stock to its BTC price net asset value (NAV) has reached 3.4. Reportedly, this is an increase of approximately 197% this year.
Key takeaways Ethereum (ETH) is up 1.3% on Tuesday as co-founder Vitalik Buterin sparked debate over the cryptocurrency’s long-term value proposition. Bitmine Immersion Technologies acquired another 9,587 ETH,...
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Key takeaways Bitcoin (BTC) trading volume surged more than 200% over 24 hours as the cryptocurrency fell toward $75,000. US spot Bitcoin ETFs recorded approximately $1.3 billion in...
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Key takeaways XRP trades near $1.09 on Monday after declining more than 10% last week, with sellers maintaining control of the broader market. US spot XRP ETFs recorded...
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Key takeaways Cardano (ADA) trades below $0.175 on Monday after declining more than 9% last week. Large Cardano whales holding between 10 million and 100 million ADA have...
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Worldcoin is heading back toward a price level that could decide its next major move. The WLD price is trading around $0.3371 on the daily chart, approaching a...
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