A recent study published by the National Bureau of Economic Research (NBER) suggests that cryptocurrency markets move depending on the type of attention they receive – unlike traditional financial markets. In contrast with other traditional financial assets, cryptocurrencies don’t behave or respond to the same set of market factors as traditional financial instruments but instead, move […]

Reddit co-founder Alexis Ohanian has doubled down on his prediction that the bitcoin price will reach $20,000 before the end of the year, arguing that the flagship cryptocurrency is “battle-tested” and capable of weathering market uncertainty. Ohanian, who now runs venture capital firm Initialized Capital, defended his bitcoin price call in a recent interview with CNBC, […]