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Despite being up 400,000% since June 2011, Bitcoin’s place in investment portfolios is still up for debate according to some investment banking analysts. Go to Source Powered by WPeMatico
A Federal Reserve president said he was “quite aware that crypto can be very volatile” but he personally did not see that as a concern for traditional markets. Go to Source Powered by WPeMatico
Bitcoin is “not going to bounce right back,” said Mike Novogratz right before it bounced back to the $42,000s. Go to Source Powered by WPeMatico
European Central Bank vice president Luis de Guindos is expecting more sudden price swings for cryptocurrencies as the market sheds $750 billion in a week. Go to Source Powered by WPeMatico
Derivatives exchanges offer up to 100x leverage, but traders must consider how Bitcoin’s intraday volatility increases their liquidation risk. Go to Source Powered by WPeMatico
The crypto exchange added that “all customer accounts and funds remain completely secure.” Go to Source Powered by WPeMatico
Binance CEO Changpeng Zhao said Bitcoin’s volatility is “probably less volatile” in comparison to some stocks, but data shows Bitcoin is the incontestable winner when adjusting the metric based on returns. Go to Source Powered by WPeMatico
Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency … Read more
Volatility derivatives are coming to DeFi with backing from several VC giants. Go to Source Powered by WPeMatico
While bitcoin prices have been coasting along between $46k to $48k during the last three days a number of proponents are still bullish about the crypto asset’s long-term value. On Thursday, Kraken CEO Jesse Powell said that he thinks bitcoin could easily reach a million-dollar valuation per coin. “When you measure it in terms of … Read more
