Episode 20200514

"New $140m Bitcoin fund, bitcoin/S&P 500 correlation drops." May 14, 2020


May 14th, 2020

2 mins 50 secs

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About this Episode

Today's blockchain and cryptocurrency news

Bitcoin is up 6.5% at 9,662
Ethereum is up 4.5% at $202
and XRP is up 2% at 20 cents

Top gainers in the last 24 hours:
Crypterium up 30%
Matic network, up 20%
Reddcoin up 16%

The New York Digital Investment Group discloses an unknown 140 million bitcoin fund.

The correlation between Bitcoin and the S&P 500 has reached a 2 month low

Reddit is beta testing two ethereum-based tokens for users to collect rewards.

After the halving shakeup in the mining sector Lubian is now the 6th largest mining pool.

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