For many, ‘virtual’ currencies such as Bitcoin remain a mystery primarily associated with online criminals, despite no longer being far removed from the monetary system and transactions we’re used to.
WeiterlesenBitcoin’s (BTC) correlation with gold reached a multi-year high last week and is presently above 50%, exceeding its correlation with U.S. stocks.
WeiterlesenDogecoin surged after Twitter replaced its familiar blue bird atop its homepage with the cryptocurrency's iconic Shiba Inu dog logo. ALSO: Is Indonesia’s CBDC a potential alternative to Visa and Mastercard?
WeiterlesenWith a 107% increase, the ETF has experienced significant growth during this period, reflecting an upturn in the Bitcoin mining industry after the downfall of Sam Bankman-Fried (SBF) and his FTX trading empire.
WeiterlesenBitcoin and gold are often compared as stores of value due to their scarcity and use as inflation hedges. Their correlation varies with market conditions and regulations. Understanding this helps investors diversify and manage risk, highlighting Bitcoin's growing role in finance.
WeiterlesenAls Bitcoin (BTC) 2009 zum ersten Mal auftauchte, hatten nur wenige Leute eine klare Vorstellung davon, was das eigentlich war, geschweige denn, welche Wellen es finanziell und technologisch schlagen würde.
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