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Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’

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Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise.

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Coin Market

Indian Supreme Court recovers YouTube account from XRP scammers

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XRP scammers hacked the Supreme Court of India’s YouTube account, and although it was recovered, it lost its subscriber base.

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Coin Market

AI may lead to inflationary pressures: Bank of Canada

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Bank of Canada Governor Tiff Macklem highlights the potential risks AI poses to inflation and financial stability in the short term.

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Coin Market

Crypto lender Shezmu recovers hacked funds through negotiation

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Shezmu recovers nearly $5 million in stolen crypto through negotiations with the hacker, agreeing to a higher bounty. Meanwhile, WazirX struggles with unresolved losses.

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