The worst chart for bitcoin bulls right now

For 14 years, one ratio moved only in bitcoin's favor. Now it has decisively turned the other way and bulls may not like what it means.

The S&P 500 and Nasdaq, priced in bitcoin, just broke above their 200-week moving averages for the first time since 2012, a level that's capped every prior stock rally against BTC.
The shift raises suggests that days of parabolic BTC gains may be behind us.

1 Crypto poured years into new products. The next challenge is keeping users 3 hours ago
2 The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking 4 hours ago
3 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 1 day ago
4 Crypto job postings triple to over 1,200 in September, but applications fall 1 day ago
5 Cathie Wood says smart investors need to start watching where AI agents spend money 1 day ago
6 Crypto's Sisyphean struggle 1 day ago
7 BlackRock offers a glimpse of how tokenization may change your investment portfolio 1 day ago
8 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
9 BNY in talks with Kraken parent Payward over infrastructure partnership 1 day ago
10 Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% 1 day ago

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Original sourceCoinDesk

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.