InCaseYouMissedIt: Global Blockchain (BLKCF) Announces Investment in MEvU
Tuesday (2-20) BLKCF announced its $2 million investment in the private token offering of MEvU, a product of Decent Tech Inc. (“MEvU”).MEvU will cut middlemen out of online betting, enabling players to bet against each other – offering better odds, and limitless wagering options
Is Now The Time To Pay Attention To Crypto Miners?
Blockchain technology, bitcoin, ethereum, litecoin, ripple; these are words that are constantly being reported on. What was once thought of as a fad has now started to grab the ear of some of Wall Street’s biggest investors. A small investment of $100 less than 10 years ago is now worth tens of millions of dollars today!
Bitcoin’s Correlation With Wall Street Continues to Prove Itself
It is extremely clear that there is a high level of correlation between bitcoin and the stock market on Wall Street. According to a new report “On a 90-day basis, the correlation between the daily percent returns of the cryptocurrency and the S&P 500 is 33 percent, the highest since the cryptocurrency started gaining public attention in January 2016.” The previous high of the last two years was only at around 19%, which is much lower.
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