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🔵 Ethereum Is More Correlated To Stocks Than Bitcoin: IntoTheBlock

According to recently published data from IntoTheBlock, the correlation between ETH and several traditional market indexes is now far higher than those between its larger rival, Bitcoin (BTC), and the same markets. The firm’s figures show a correlation coefficient of 0.7 between ETH and the DAX – a stock index tracking 40 over the largest and most liquid German companies traded on the Frankfurt exchange. The equivalent correlation for BTC is 0.63. ETH’s correlations to both indexes are 0.77 and 0.7 respectively, versus Bitcoin’s 0.56 and 0.44 correlations.

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🔵 Ethereum Is More Correlated To Stocks Than Bitcoin: IntoTheBlock

According to recently published data from IntoTheBlock, the correlation between ETH and several traditional market indexes is now far higher than those between its larger rival, Bitcoin (BTC), and the same markets. The firm’s figures show a correlation coefficient of 0.7 between ETH and the DAX – a stock index tracking 40 over the largest and most liquid German companies traded on the Frankfurt exchange. The equivalent correlation for BTC is 0.63. ETH’s correlations to both indexes are 0.77 and 0.7 respectively, versus Bitcoin’s 0.56 and 0.44 correlations.

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💬 Contact us @Crypto_Marcus
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Telegram might soon let you protect your account by linking it to your email

Telegram is reportedly working on a new way to help users protect their accounts. The upcoming feature will let you link your account to an email ID, and Telegram will use it for verification every time you log in from a new device.Although Telegram has not shared any details officially, app developer and prolific reverse engineer Alessandro Paluzzi has managed to grab a few screenshots showcasing the in-development feature. As you can see in the attached tweets, the feature will give users the option to add an email ID “to protect your account.” The feature will also include a Sign in with Google option for Gmail users.

🔵 Ethereum Is More Correlated To Stocks Than Bitcoin: IntoTheBlock

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