S&P
Bitcoin's Tight Correlation With Nasdaq-SPX Ratio Muddies Safe-Haven Narrative
Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.
Coinbase Junk Bonds Further Downgraded by S&P on Weak Profitability, Regulatory Risks
The agency lowered Coinbase’s credit rating from BB to BB-, a further step away from investment grade.
Citi: Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
Decentralized exchanges have gained market share as confidence in their centralized equivalents have declined, the report said.
Valkyrie Funds, Ark Invest Say Crypto Has Hit ‘Bottom’ Amid Recession Woes
Frank Downing, director of research at Ark Invest and Steven McClurg, co-founder of asset management firm Valkyrie, joined “First Mover” to discuss the state of crypto, the economy and their respective crypto-focused separate managed accounts.
Stablecoins Could Still Dominate Post-Terra, S&P Says
Not all stablecoins are alike, analysts note, but regulations may be needed to precipitate audits and investor fairness.
The Bitcoin-Stock Market Decoupling Isn’t Happening Yet, but It Totally Will
When Decoupling? Maybe soon (but probably not).
S&P Global Ratings Forms DeFi Group to Build Out Crypto Framework
The credit rating giant named Chuck Mounts as chief DeFi officer to lead the unit.
