On August 29th, according to 4E's observation, the number of crypto-asset ETP products filed or applied for in the US market has reached 92, indicating the continuous exploration of crypto market tools by traditional finance. At the same time, on-chain data shows that the number of bitcoin profitable wallets has exceeded 55 million, setting a record...
The S & P 500 has the first "golden cross" in two years! Historical data indicates that the probability of a rise in the next year is 85%, and experts predict a target of 6,600 points by the end of the year. Click to view...
Mike McGlone, strategist at Bloomberg Intelligence, said that the Bitcoin/Gold cross index has plummeted compared to the S & P 500 index, and the US spot Bitcoin ETF set a record for inflows in January, boosting Bitcoin's status as a leading indicator, while "after-effects" may have an impact on risky assets. The benchmark cryptocurrency hit a new high in Quarter 1, a near-perfect storm, but Bitcoin has not surpassed its peak in 2021 compared to gold and the S & P 500 index. This 24/7-traded cry...