The correlation between bitcoin and Nasdaq, S&P 500 over the past 90 days has hit its lowest level since July 2021, as reported by Block Scholes, a renowned analytics firm specializing in crypto derivatives.
Consequently, the regulatory scrutiny of the SEC may be somewhat constrained in its scope.
On Sunday, a staggering amount of over 9.3 million tokens will become accessible, accounting for approximately 1.2% of AXAX's overall supply.
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At the moment the Grayscale Bitcoin Trust (GBTC) is trading at a record-high discount versus its Bitcoin (BTC) holdings.