Amid ongoing issues between Russia and Ukraine, Bitcoin took a major hit in the past few days. The digital asset crashed from $40,000 to as low as $34,000 in the last 7 days.

In a recent call with investors, executives from the crypto hedge fund Pantera Capital said they believe DeFi assets such as Ethereum could soon break out of their current correlation to traditional macro markets. The market has seen increasing similarities between these two spaces recently. But there’s no guarantee it will continue or even last…

The post Pantera Predicts Correlation Between Bitcoin And Traditional Markets Might Break This Spring appeared first on Bitcoin News Miner.

Bitcoin’s adoption is at an early stage, according to Wells Fargo Like the 1990s,…

The post Wells Fargo says crypto is headed for hyper-adoption appeared first on Coin Journal.

Erik Thedéen, the Vice-chair of the European Securities and Markets Authority, recently recommended a ban on proof-of-work mining in the EU. Citing its impact on Sweden, he stated, “It would be an irony if the wind power generated on Sweden’s long coastline would be devoted to Bitcoin mining.” Regulators analyze mining impact Previously, Norwegian authorities […]

On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire crypto-economy has slipped under the $2 trillion mark, down […]