The study found the correlation with S&P 500 futures rose during big bitcoin moves.
Bitcoin's recovery rally looks to be gathering steam, but the 200-day SMA hurdle is still intact.
Action in the ether market might take the spotlight from bitcoin over time due to very different mechanics between the two assets.
China's government is taking more drastic measures against bitcoin mining. The Ballet CEO thinks this will strengthen the network over time.
Hopefully it will clean up the "stupid dialogue going on about ESG," he said. "Not in the sense that ESG was stupid, but that the dialogue was."
A decisive break above $40,000 is needed to resume the uptrend.
Seasoned traders sell options when the implied volatility is high and buy when volatility is low.
Marathon cited Texas’ favorable regulatory climate and low energy prices, as well as environmental considerations as key factors in the decision.
LMAX Digital says many institutional clients saw last week's crypto crash as "an opportunity to buy."
BTC re-tested minor support around $30,000 over the weekend, but stronger support is seen around $27,000.
The battered crypto market is showing signs of life amid bargain hunting by wealthy investors.
For crypto investors who have been in the market a while, volatility is not a bug – it's a feature.
Even if Huobi is the specific catalyst for today's plunge, it's just the latest negative news in the sector that has been battered in the last few weeks.
The global derivatives giant improves from fifth place earlier this week. Binance ranks first.
Within two hours of the State Council statement, BTC fell 11%, based on CoinDesk 20 data.