Bitcoin’s correlation with the S&P 500 is somewhat erratic, but the relationship has just got stronger. That may not be bad news.
First Mover: Bitcoin’s Recent Stability May Come from a Fleeting Correlation With Equities
Bitcoin is often likened to digital gold, but some analysts say the more compelling correlation is with the stock market.
First Mover: As US Stocks Defy Economic Gravity, Bitcoiners Shudder at March Memory
With the global economy in deep water amid the coronavirus crisis, some cryptocurrency analysts are starting to wonder if a correction in U.S. stocks might prompt another “Black Thursday” crash.
Bitcoin Stuck Below $10K as Stocks Drop
With the Fed dashing hopes of a V-shaped recovery, it’s uncertain whether bitcoin will become a store of value or begin to track stocks.
First Mover: Crypto Broker Voyager’s Stock Has Doubled This Year, Beating Bitcoin
Voyager Digital, a publicly traded cryptocurrency brokerage, has doubled its share price this year, beating bitcoin while braving the scrutiny that comes with strict disclosure rules.
Market Wrap: A Bitcoin Lull as Stocks Signal Economic Optimism
The bitcoin rollercoaster has turned into a bumper car as equities take the stage in hopes of a global economic rebound.
Cash Is the New Safe Haven as Crypto, Gold Continue to Tank
It turns out cold, hard cash with a helping of government bonds – not bitcoin or gold – is where people turn in the face of a pandemic and “apocalyptic” market turmoil.
Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety
Bitcoin suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies.
Bitcoin’s Coronavirus Selloff Throws Cold Water on Safe-Haven Argument
As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged – at least in terms of the notoriously volatile cryptocurrency’s trading history.
Bitcoin Price Set to Outshine Gold and Stocks By Big Margin in 2019
Despite the downtrend in the latter half of 2019, bitcoin is on track to significantly outperform gold and stocks.
Cryptocurrency Is Still the World’s Best Performing Asset Class This Year
Large-cap cryptocurrencies had a phenomenal year and remain one of the greatest investment success stories of the decade.
Thrill-Seeking Drives Investors to Trade Crypto, Study Finds
Investors who trade crypto tend to take bigger risks in the stock market, suggesting they seek dopamine more than diversification, a study found.
Abra’s Blockchain App to Let Users Make Small Stock, ETF Investments
Abra is adding a new feature to its blockchain-based app that will allow global users to invest in fractions of stocks and ETFs.
Token Exchange to Enable Trading of Nasdaq-Listed Companies
DX.Exchange, a Nasdaq-powered trading firm, will allow investors to purchase crypto tokens representing shares in major public firms.
Vaccine Blockchain Plan Prompts Enquiries Amid China Pharma Scandal
Following China’s pharma scandal, investors are buying into a firm’s claim to be developing a vaccine-tracking blockchain, but not everyone is happy.
SEC Charges Two In Illicit UBI Blockchain Stock Sale
The U.S. Securities and Exchange Commission charged two Nevada residents with illegally profiting off stock sales of a self-described blockchain firm.