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1133 days ago

Bitcoin fund Grayscale sees a selloff

The $32 billion Grayscale Bitcoin Trust has plunged 20% this week, outpacing a 13% decline in the world’s largest cryptocurrency. GBTC’s once-massive premium to its underlying holdings has evaporated as a result, with the price of GBTC closing 0.7% below its underlying holdings on Wednesday -- the first discount since March 2017. Source: Bloomberg.

#Stocks

1135 days ago

Correlation of Bitcoin and other risky asset classes

The correlation of Bitcoin with other asset classes has increased in recent years.

#Commodities
Correlation of Bitcoin and other risky asset classes

1135 days ago

The top coins correct?

Bitcoin fell 13% to $48,016 after hitting a record of $58,332 on Sunday, according to CoinDesk. The decline pushed its market cap, the value of all bitcoin in circulation, to $895 billion from more than $1 trillion last week. Ether, the second-largest cryptocurrency by total market value, contracted 14% to $1,540. Source: WSJ

1136 days ago

Most popular cryptos are all seeing a rough correction

Bitcoin is down almost 20%, Ethereum -25%, Polkadot and Binance -30%. Is it a good buying dip or the sign of a longer term trend? 

Most popular cryptos are all seeing a rough correction

1136 days ago

Is selling gold to buy bitcoin a good idea?

Gold ETF holdings are dropping, while outstanding shares for Grayscale Bitcoin Trust are rising. Is this a sound trade-off, or are we only seeing short-term gambling?

#Commodities
Is selling gold to buy bitcoin a good idea?
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