News list for " studies"
The Political Bureau of the Central Committee of the Communist Party of China held a meeting to review the "Comprehensive Report on the Listening and Study of the Work Reports of the Party Group of the Standing Committee of the National People's Congress, the State Council, the National Committee of the Chinese People's Political Consultative Conference, the Supreme People's Court, and the Supreme People's Procuratorate and the Work Report of the Central Secretariat" "Opinions on Comprehensively...
Bitcoin and the Standard & Poor's 500 started diverging after Donald Trump's election, but the two asset classes have recently started moving more in sync, according to Andre Dragosch, head of European research at Bitwise. Bitcoin and the Standard & Poor's 500 are again starting to correlate closely, with a correlation of 0.88 on the most recent 20-day moving average (0 means no correlation and 1 means absolute correlation). Dragosch concludes: "Although the on-chain factor is at least 202...
André Dragosch, head of European research at Bitwise, posted on social media that according to Glassnode data, the total number of bitcoin whale addresses has just reached its highest level since January 2021, with 1,678 addresses currently automatically labeled as whales (holding more than 1,000 BTC).
André Dragosch, head of European research at Bitwise, said: "If the Federal Reserve cuts rates by 50 basis points, the crypto market reaction could be positive, as this particular leading indicator already indicates that underlying economic momentum even picked up in September, and I think the market will be driven more by expectations of rate cuts than by the rate cuts themselves in the coming months. Expectations of further rate cuts are likely to intensify due to the weakness of the US econo...
André Dragosch, head of European research at Bitwise, posted on social media that corporate purchases alone have absorbed almost all the newly mined bitcoin supply. Currently, the newly mined bitcoin supply is about 164,000 BTC per year. What's more, this does not include the purchase demand of other key buyers, such as ETFs, governments, trading platforms, and DeFi. The supply shortage of BTC is more serious than most people realize.
