Bitcoin’s short-term correlation with the S&P 500 has turned negative recently, but on-chain analyst Axel Adler Jr. warned in his March 31 Morning Brief that this is not the bullish signal it might appear to be. The more telling metric, the BTC/S&P price ratio, has been declining since the start of the year and continues […]
Coinbase Global will become the first-ever crypto company to be included in the benchmark index next week. The San Francisco-based crypto exchange will replace Discover Financial Services in the S&P 500 on May 19, according to the release. “Thank you to everyone who made it possible for a crypto company to join the S&P 500 […]