Tag Archives: Stocks

Bitcoin is in a very dark place at the time of writing. After trading for a new all-time high of $64,000 per unit in mid-April of this year, the currency has once again (for the second time in the past few months) dropped below the $30,000 range and is now trading for just over $29,000. This means that in just three months alone, the world’s number one digital currency by market cap has lost more than $35,000 off its price and more than 50 percent from its value. Bitcoin...

One of the big rumors surrounding both the stock market and the bitcoin space is that they are correlated. That they follow each other and wherever one goes, the other is likely to follow suit. A new study has emerged claiming that this is not a rumor, but rather the truth. Bitcoin and Stocks Are Closely Tied The study was performed by analysts with DBS, a Singapore-based bank. The individuals in charge of the study were Taimur Baig – an economist – and Chang Wei Liang,...

Bitpanda: Ab 1 Franken in Nike, Starbucks, Netflix und Co. investieren Die europäische Investment-Plattform Bitpanda (*), die erst kürzlich einen Marktwert von 1,2 Mrd. $ und somit Unicorn-Status erreicht hat, bietet mit dem Launch ihres neuen Produkts Bitpanda Stocks seinen Nutzern in der Schweiz und in den übrigen Märkten ab sofort auch Investitionen in Teilaktien an. Bitpanda Stocks brilliert mit innovativen Neuerungen, wie...

Who says that bitcoin and the stock market aren’t correlated? Following bitcoin’s meteoric rise beyond the $50,000 line a few days ago, it looks like several crypto-based stocks are potentially following in the asset’s footsteps and are now trading at new highs for the year. Crypto Stocks Have Been Firing on All Cylinders Bitcoin has been on a serious roll as of late. In fact, it can be said that the currency has been on a bullish run for almost a year now, having shot...

Bitcoin is back up again. At the time of writing, the price of the world’s number one cryptocurrency by market cap has surged more than $300, and it is now trading for just over $11,700, marking the highest it’s been in several weeks.Bitcoin May Be Facing Some Trouble SoonThe currency has been on a roll ever since October came about, and analysts are excited to see the currency make another attempt at gloriously reaching $12,000. While it’s still a few hundred dollars off the mark, things...

Billionaire investor Jeff Gundlach – who has since garnered a reputation for being a “bond king” – has laid out his thoughts regarding bitcoin and today’s financial markets. While he denies being a legitimate “bitcoin hater,” it’s clear from his recent words that he doesn’t believe in it, and he’s convinced that the cryptocurrency is nothing like what it’s fans claim it to be.Jeff Gundlach Doesn’t Believe in BTCIn a recent interview, he commented:I don’t believe in bitcoin. I think it’s a...

CEO of Galaxy Digital Michael Novogratz is at it again with his praise and pushing of bitcoin. In a recent interview, he said that BTC was less risky than the stock market.Mike Novogratz Is Pushing BTC AgainAs it stands, bitcoin has been going through something of a rough patch. The currency recently fell from about $12,400 to its present figure of $10,800, which is about $400 higher than where it stood just a few days ago. The good news is that bitcoin is quite close to hitting the $10,900...

According to Stack Fund co-founder and CEO Matthew Dibb, the stock market is suffering at the time of writing, and so long as it continues to suffer, bitcoin will suffer as well.Matthew Dibb: BTC Will Suffer So Long as Stocks DoAt this point, there is no reason to deny that bitcoin and the stock market share a special correlation of sorts. Whenever the stock market goes up, bitcoin tends to follow and vice versa. This also works in reverse. If stocks move down, bitcoin will typically edge...

The bitcoin price has dropped more than eight percent in just the last 24 hours alone, and it looks like the recent move has got everyone huffing and puffing.The Bitcoin Price Has Taken a DiveAnalysts and traders alike are terrified by what they’ve witnessed over the last day, as the asset’s fall appears to have been sparked not by the stock market crash but by people floating towards cash. Suddenly, bitcoin doesn’t appear to be the answer everyone was looking for.It’s been reported time and...

It looks like it’s happened again, folks. The heavy volatility that we’ve all come to both love and hate about bitcoin has seemingly entered the foray all over again and brought the world’s number one cryptocurrency down by approximately $400.Bitcoin Has Lost More Than $400Yesterday, the currency was trading for about $9,600 during the early morning hours. However, from there, the currency saw itself drop to about $9,200 with little warning for investors. At the time of writing, the currency...