News with the tag "AXS-USD"

Summary Ethereum's underperformance in 2024, despite bullish developments, leads me to favor altcoins like Algorand, Filecoin, Flow, Hedera, Solana, and Stellar for 2025. Altcoins are gaining market share and could benefit significantly from deregulation, potential ETF approvals, and proposed tax ch...

Summary Bitcoin reacted strongly to the Fed’s rate cut and China’s stimulus, rallying 7.7% and beating Gold (+5%), Ethereum (+3.2%), MSCI ACWI (+2.3%) and the S&P (+1.7%). Bitcoin’s daily correlation with the Nasdaq is back to late 2023 levels, above 0.62 on a 30-day average. Allocators may want to ...

Summary Bitcoin rallied 45%, its best monthly performance since December 2020 and its largest monthly candle ever in dollar terms. An emerging narrative that re-surfaced in February is the creation of protocols that make Bitcoin more useful. Outside of the major themes of the month, we saw renewed i...

Summary Bitcoin rose as other cryptos sectors' fell, influenced by a new legislation proposal, SEC lawsuits against exchanges, and BlackRock's Bitcoin ETF filing. We believe just 25 of the top 100 tokens could potentially be considered ‘sufficiently decentralized’ to avoid the disclosure requirement...

Summary The SEC's lawsuits against cryptocurrency exchanges like Coinbase and Binance could damage many alt-coins, but Bitcoin is likely to emerge with a stronger long-term outlook due to its classification as a commodity. The lawsuits raise questions about which cryptocurrencies should be considere...

Even before the Securities Exchange Commission on Tuesday sued Coinbase ( NASDAQ: COIN ), Mizuho Securities USA estimated that more than 30% of the crypto exchange's revenue could be at risk. The suit against Coinbase ( COIN ), alleging that it offered unregistered crypto asset securities , came a d...