US-China Trade Optimism Sends Stocks to ATH, is Bitcoin Next?

Global stocks surged on Thursday, driven by the US-China trade optimism. Elsewhere, British Prime Minister Boris Johnson’s historic win boosted the UK and European stocks. Markets have now become volatile, but what about Bitcoin? Let’s briefly analyze the two medium-term scenarios. Stock Rally Might Boost Investors’ Appetite for Cryptos Usually, Bitcoin has shown no correlation […]

Continue Reading

US Stocks, Crypto Markets Surge On Positive Jobs Report, Coincidence? –

The US recently added 128,000 new jobs in October 2019, which seemingly resulted in significant growth of the stock market indexes, and also a modest crypto price surge. Reports around the world are coming in with positive news regarding financial markets, especially in the US and Europe. As the US opened over 128,000 new jobs […]

Continue Reading

Bitcoin is Still Best-Performing Asset YTD Despite Bearish Q3

Summing up the returns as at the end of the third quarter, Bitcoin is the best-performing asset year-to-date despite the September crash. Bitcoin is the Indisputable Winner On January 1, the oldest cryptocurrency out there started at $3,746, according to Coinmarketcap data. At the time of writing, Bitcoin is trading at around $8,204 as at […]

Continue Reading

S&P 500 Tumbled Right Before Bitcoin (BTC) Price Crash; Coincidence?

Bitcoin price has lost over 15% since Monday, though the biggest part of the decline happened yesterday. Interestingly, the US stock market crashed a few hours before the BTC drop. Is there any correlation? S&P 500 Shows Biggest Monthly Drop Tuesday was not a sad day for Bitcoin holders only. On September 24, just before […]

Continue Reading

Which Turns The Most Profit? –

Bitcoin’s strong and stable performances in 2019 have been undeniable. As the cryptocurrency’s returns continue to outperform gains seen in traditional market stalwarts (i.e. gold, silver, and the S&P 500), many traders are making comparisons to its relative strength within the market. A recent tweet from crypto analyst @BitcoinEcon has raised some key questions for […]

Continue Reading

‘Buffett Bet 2.0’ – Investment Fund Puts $1M on Bitcoin to Outperform S&P 500

Asset manager, Morgan Creek Digital, is offering an interesting wager if anyone is willing to take it. It’s willing to bet $1 million, that its Bitcoin-focused Digital Asset Index Fund outperforms the S&P500 over the next ten years. Buffett Bet 2.0 The fund tracks ten major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, although the […]

Continue Reading

Earnings Season: Traders Shift From Cooling Crypto Market to Volatile Stocks

Cryptocurrency markets are seeing further stability this week amid Q4 earnings season. The continuing trend is now even making industry businesses adjust their focus to keep customers interest high. Crypto No Q4 Wild Card While some assets have shown more volatility than others, the picture from within the top ten cryptoassets by market cap remains […]

Continue Reading