Cryptocurrency Analysis and News Portal
Warren Buffett has a message to young investors: dollar-cost average into major stock market indices. However, data shows that the same strategy has worked quite well for Bitcoin (BTC) too over the past decade.The term dollar-cost averaging or DCA refers to a strategy when an investor divides up the total
Read More
Bitcoin is finally breaking its correlation with the stock market, which has been persisting despite its recent uptrend’s
Read More
FTX is now offering a tokenized way to trade fractions of stocks. Coinbase predicts its consumer-directed debit card to hit shelves next year. Caitlin Long’s Avanti bank is in line to become the second “crypto bank.”Top shelfFractional offeringYou can now trade high-demand stocks like Tesla, Apple and Amazon, represented by tokens, on
Read More
FTX cryptocurrency derivatives exchange has unveiled a new offering to its customers involving the ability to trade top Wall Street stocks against a limited array of digital currencies.According to Coindesk, FTX exchange has launched Bitcoin (BTC), Tether (USDT), and other digital currencies trading pairs with the digitized token versions of
Read More
Crypto derivatives exchange FTX has launched a novel way to trade the world’s most popular stocks.Announced Thursday, users of the exchange are now able to register to trade on over 12 equity and cryptocurrency pairs via the platform’s fractional stocks offering in what FTX is calling a “first of its
Read More
Stocks, oil, even gold are down on fears of resumed COVID-19 lockdowns, but bitcoin hodlers are keeping the faith. Source
Read More
JPM Coin will see its first commercial use, banking executives said. Southeast Asia’s largest bank by assets, DBS, is eyeing a digital assets exchange. And bitcoin’s recent rise shows a decoupling from traditional markets, like the S&P 500.Top shelfJPM CoinJPM Coin, the enterprise-minded digital asset stewarded by the titular global
Read More
Bitcoin held onto its weekly gains as traders waited for US Congress to agree on the second coronavirus
Read More
On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates.The piece examines how different asset classes – from stocks to bonds to bitcoin and beyond – fare in the context of a world where the Federal Reserve
Read More
In summary:Bitcoin is exhibiting a good level of bullishness above $11kHowever, Bitcoin’s correlation to stocks and gold could be a bad thing with the US elections two weeks awayA drop in the stock market and/or gold could mean a similar fate for Bitcoin in the short termThe end of the
Read More