The Russia-Ukraine conflict has accelerated, leading fear to grow in both the stock and crypto markets, with bitcoin’s 90-day correlation to the S&P 500 climbing to the highest level seen since October 2020.
As usual during such flight-to-safety periods, bitcoin outperforms most other cryptocurrencies, as it’s widely considered the least risky cryptocurrency to hold.
Stablecoins have grown much faster than the overall crypto market lately, and now three of the 10 biggest cryptocurrencies by market cap are within this category. In this week’s report, we analyze the growth of the stablecoin market during the last year.
We also spotted some remarkable performance differences for bitcoin between the first half of the month versus the second half. Learn more in our report.
Bitcoin hashrate continues to grow, leading to Bitcoin’s sixth upwards difficulty adjustment in a row.
In this week’s report we analyze the bitcoin mining industry in the country of Georgia. What makes this former Soviet republic in the Caucasus so attractive to bitcoin miners?
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