Tagged: Noelle Acheson

May 24, 2022 @ 12:47 pm By JD Alois  |  

Noelle Acheson, Head of Market Insights at Genesis, has distributed some perspective on why crypto correlations spike during times of “uncertainty.” Markets have been in a tumble – both crypto and traditional markets have retrenched as fears of a looming recession along with Giga high… Read More

March 30, 2022 @ 12:29 pm By JD Alois  |  

Bitcoin, Ethereum, and other cryptocurrencies have recently experienced a solid rise in price. Bitcoin, the world’s most popular crypto is up by around 10% just this week. This week,  Noelle Acheson, Head of Market Insights at Genesis, shared her opinion on the bullish crypto market. Acheson… Read More

February 15, 2022 @ 6:01 pm By JD Alois  |  

Bitcoin started 2022 at around $47,000 but it has been downhill from there. In January, BTC bounced around $33,000 representing a serious haircut for holders that entered the market at the end of 2021. Today, Bitcoin is struggling to regain its crypto-sea legs as it… Read More

January 21, 2022 @ 10:42 am By JD Alois  |  

Bitcoin is tanking. Around the beginning of the year, Bitcoin was trading at over $50,000. Today, BTC has lost a dramatic amount of value trading at under $40,000. While Bitcoin is not alone in its decline (Ethereum has crashed too), BTC is the most popular… Read More

December 1, 2021 @ 10:53 am By JD Alois  |  

Bitcoin, the world’s most popular crypto, is always a bit of a roller-coaster ride. Rocketing higher one week, only to tank the next, Bitcoin is not an asset for the faint of heart. Recently, Bitcoin hit an all-time high of almost $69,000. Within a few… Read More

November 23, 2021 @ 4:32 pm By Tony Zerucha  |  

While there is plenty of speculation as to why Bitcoin’s recent sideways movement has been happening, it is most likely a simple break in a continued bull market, Genesis head of market insights Noelle Acheson said in a research note this week. With the recent… Read More

November 15, 2021 @ 12:07 pm By JD Alois  |  

Bitcoin has just completed a soft fork upgrade to the network labeled Taproot. As has been widely reported, Bitcoin will now benefit from an improved ability to incorporate smart contracts and improved privacy of transactions (Schnorr Signatures). Bitcoin, which is pushing new all-time highs (probably… Read More

November 9, 2021 @ 1:39 pm By Tony Zerucha  |  

While Bitcoin’s recent price gains have some clear reasons behind them, some analysts believe it’s a troublesome development. Genesis head of market insights Noelle Acheson said the increased valuations are due to more than increased inflows, it’s also because of a combination of recent tailwinds too…. Read More

November 2, 2021 @ 4:12 pm By Tony Zerucha  |  

Facebook’s recent rebranding to Meta (NASD:FB) provides some interesting lessons for cryptocurrency investors, an industry analyst suggests. Genesis’ head of markets Noelle Acheson said Facebook’s pivot to acting as a metaverse company produced an immediate spike in the value of some metaverse platform tokens. MANA,… Read More

October 27, 2021 @ 9:15 am By Tony Zerucha  |  

While some believe the recent approval of a Bitcoin futures ETF means a similar product for Ethereum is on its way, don’t hold your breath, one analyst predicts. Genesis’ head of market insights Noelle Acheson said the assumptions of a pending approval for an Ethereum… Read More

October 18, 2021 @ 4:32 pm By JD Alois  |  

After an extended wait for financial services firms attempting to launch an exchange-traded fund (ETF) based on Bitcoin, the very first Bitcoin ETF is expected to trade tomorrow on the New York Stock Exchange (NYSE). Last week, it was revealed that ProShares Bitcoin Strategy ETF… Read More

October 5, 2021 @ 1:36 pm By JD Alois  |  

Recently, SEC Chairman Gary Gensler voiced his opinion that a Bitcoin ETF may provide sufficient investor protection for a fund to move forward with the regulatory process. More specifically, Gensler appeared to support Bitcoin Futures ETFs – and not spot-priced funds. Gensler has long stated… Read More

September 30, 2021 @ 4:07 pm By Tony Zerucha  |  

While China’s ban on cryptocurrency transactions has had a measurable effect on the markets, it’s not a death knell by any means, one industry watcher said. Earlier this month the People’s Bank of China said all virtual currency-related business activities were illegal, claiming it would… Read More

September 19, 2021 @ 7:27 pm By Tony Zerucha  |  

Will a new competitor to Ethereum emerge, or will the acknowledged Web 2.0 winner dominate the DeFi space for years to come? It’s an interesting question for several reasons. One is that the DeFi space is still early in its evolution. Sometimes early mover advantage… Read More