Bitcoin isn’t flashing any signs of being “overheated” despite reaching new all-time highs this week, with several analysts pointing to fundamentals suggesting Bitcoin could pump further.
“The market does not look overheated from a fundamental perspective,” Galaxy head of research Alex Thorn said in a Nov. 7 market report viewed by Cointelegraph.
Crypto analysis firm Nansen analyst Aurelie Barthere echoed a similar sentiment. “Bitcoin crossi...

SPY is a passive, index-tracker that follows the S&P 500. In essence, the selection and weighting process has been outsourced to S&P, per their index methodology and rebalancing scheme.
S&P, on the other hand, has criteria for what companies are included, not included, added to, deleted from, etc. The index rebalances quarterly.
It is NOT as simple as just the "top 500 companies." After all, there are currently 503 constituents in the...

Share prices of Bitcoin miners soared as much as 24.4% on Oct. 28 as Bitcoin rallied above $70,000 — with an analyst pointing to an increasingly favorable macroeconomic climate and miners’ continued diversification into AI.
“Deficit spending and lower interest rates are driving global liquidity higher [while] investors are fearful of high inflation over the long term, as evidenced by poor performance from treasury bonds since the Sept[emb...

Fears that Ethereum layer-2 scaling solutions are eating into the mainnet’s revenue and could impact price may be a bit premature, says an industry analyst.
“It is much too early to tell whether Ethereum[‘s] strategy of scaling through layer 2s is cannibalistic or will lead to net growth,” Katalin Tischhauser, Head of Research at crypto bank Sygnum Bank told Cointelegraph in a recent interview.
Tischhauser’s use of “cannibalistic” refer...

October 18, 2024, Financial Street Forum annual meeting opened today, the theme is “trust and confidence - discuss financial openness and cooperation to share economic stability and development”. Central Bank Governor Pan Gongsheng, State Administration of Financial Supervision and Administration Director Li Yunze, Securities and Futures Commission Chairman Wu Qing, and foreign exchange bureau chief Zhu...