La calma dopo la tempesta: Il prezzo del Bitcoin recupera $50K dopo la brusca correzione

BTC ha fatto un’altra oscillazione a 50.000 dollari, mentre Ethereum recupera 1.600 dollari. Il market cap delle criptovalute si espande al di sopra di $1,5t dopo la recente correzione.

Dopo un’altra giornata di maggiore volatilità, BTC ha recuperato parte del suo valore recentemente perso e attualmente scambia intorno ai 50.000 dollari. Anche la maggior parte delle monete alternative ha preso fiato, e il market cap ha recuperato più di 130 miliardi di dollari dal minimo di ieri.

Bitcoin punta di nuovo a 50.000 dollari

Si può dire che il BTC ha visto giorni migliori delle ultime 96 ore. La criptovaluta aveva appena dipinto un nuovo record di ATH a 58.400 dollari, ma gli orsi non hanno permesso ulteriori aumenti e hanno fatto crollare il suo prezzo. Nel giorno successivo o giù di lì, il bitcoin ha perso più di 13.000 dollari di valore fino ad un minimo sotto i 45.000 dollari.

Ieri sembrava un giorno meno violento per la criptovaluta primaria all’inizio, dato che ha recuperato brevemente i 50.000 dollari di prezzo. Tuttavia, gli sviluppi negativi dei prezzi non erano ancora finiti, e l’asset si è diretto di nuovo a sud a circa 47.000 dollari.

Da allora, però, BTC ha recuperato un po‘ di terreno. Ha persino raggiunto i 51.500 dollari, ma è sceso leggermente ed è attualmente seduto intorno ai 50.400 dollari.

Secondo gli indicatori tecnici, 50.000 dollari è in realtà la prima linea di resistenza nel percorso di salita del BTC. Se conquistata con successo, le successive sono a 51.500$ e 52.000$.

In alternativa, le linee di supporto a 48.000$, 47.000$ e 44.750$ potrebbero aiutare in caso di un altro brusco ritracciamento.

Le monete alternative tentano il recupero

La maggior parte delle monete alternative è crollata anche peggio di BTC durante l’ultima correzione. Ethereum è passato dal suo ATH di $2.040 a meno di $1.400. Tuttavia, ETH ha rimbalzato dal suo minimo e attualmente si trova a 1.650 dollari.

Anche Binance Coin è sceso a circa 200 dollari, ma da allora è salito a 250 dollari. Anche Polkadot (1,5%) e Chainlink (2%) sono leggermente in verde nelle ultime 24 ore.

Al contrario, Ripple (-7%), Litecoin (-5%) e Bitcoin Cash (-5%) hanno continuato a perdere valore.

Altri guadagni di 24 ore sono evidenti da Stacks (31%), THORChain (25%), Fantom (25%), UNUS SED LEO (22%), Solana (-17%), Compound (15%), Terra (12%), THETA (11%) e Aave (10%).

Di conseguenza, anche la capitalizzazione di mercato cumulativa di tutte le criptovalute è rimbalzata dal minimo di ieri e ha aggiunto circa 130 miliardi di dollari a 1,51 trilioni di dollari.

PayPal bietet Krypto-Zahlungen für Händler, begrenzter Handel auf Venmo

Nachdem der eingeschränkte Krypto-Handelsservice die Erwartungen „übertroffen“ hat, wird das Unternehmen im Jahr 2021 die Zahl der Krypto-, Blockchain- und digitalen Währungen verdoppeln

Nach einem begrenzten Start des Kauf- / Verkaufs- / Halte-Krypto-Handels, der „die Erwartungen übertroffen“ hat, sagte PayPal-CEO Dan Schulman heute im Ergebnisbericht des Unternehmens für das vierte Quartal, dass der Zahlungsriese bereit ist, Kryptowährungen zu verdoppeln.

„Wir haben auch eine außergewöhnliche Resonanz von unserem Krypto-Start gesehen“, sagte PayPal-CEO Dan Schulman. „[…] Das auf unserer Plattform gehandelte Krypto-Volumen hat unsere Erwartungen bei weitem übertroffen.“

Schulman sagte, dass Krypto „als Finanzierungsquelle akzeptiert wird, wenn [Benutzer] bei einem unserer 29 Millionen Händler einkaufen“ Ende des ersten Quartals, und dass 2021 eine „umfassende Roadmap für Krypto, Blockchain und digitale Währungen“ enthalten wird.

Schulman fügte hinzu, dass PayPal aktiv mit Aufsichtsbehörden und Zentralbanken zusammenarbeitet, um die Zukunft einer post-physischen Bargeldwelt zu gestalten.

„Wir investieren erheblich in unsere neue Einheit für Krypto-, Blockchain- und digitale Währungen“, sagte er

Analysten erwarteten einen Anstieg der Gesamtkonten um 3,87% auf 375 Millionen sowie einen Anstieg der verarbeiteten Zahlungen um 266,8 Milliarden US-Dollar, was einer Steigerung von 8% gegenüber dem dritten Quartal entspricht. Das Unternehmen übertraf beide Erwartungen mit 277 Milliarden US-Dollar verarbeitet und 377 Millionen in Gesamtkonten. Das Unternehmen erzielte außerdem einen Umsatz von 21,45 Milliarden US-Dollar.

Die Investoren-Update- Materialien für das vierte Quartal des Unternehmens versprachen ebenfalls „digitale Währungen“ als „Hauptschwerpunkt“.

Darüber hinaus gab das Unternehmen bekannt, dass die Initiative „Kryptowährungen kaufen, halten und verkaufen“ im Jahr 2021 auf „Venmo und ausgewählte internationale Märkte“ ausgeweitet werden soll. Das Unternehmen stellte außerdem fest, dass Benutzer ihrer Kryptodienste nach dem Kauf von Krypto im Allgemeinen aktivere Benutzer von PayPal werden , doppelt so oft einloggen.

Schließlich stimmten die Materialien von PayPal den Aussagen von Schulman zu und sagten, dass 2021 ein „Handelserlebnis“ eingeführt werden würde, das „Kryptowährung als Finanzierungsquelle für die Zahlung bei 29 Millionen PayPal-Händlern auf der ganzen Welt“ bieten würde.

Diese Integrationen würden in Fiat abgewickelt und die Händler von Umtauschgebühren entlasten

Im November hat PayPal einen wichtigen Schritt in Richtung Einführung digitaler Assets getan, indem es seinen US-Benutzern ermöglicht hat, Krypto direkt über die App zu kaufen . Kunden mit Sitz in den USA dürfen nur 20.000 USD pro Woche handeln. Seitdem hat das Krypto-Handelsvolumen auf der Plattform Rekordhöhen erreicht und erreichte am 11. Januar einen Höchststand von 242 Millionen US-Dollar bei Transaktionen .

Die Plattform kündigte auch Pläne für Kunden an, ab 2021 Kryptowährungen zu verwenden, um bei einem der 26 Millionen Händler in ihrem Netzwerk einzukaufen. Dieses Ziel wurde im Rahmen des Ergebnisaufrufs für das dritte Quartal 2020 des Unternehmens erneut bekräftigt. Zu diesem Zeitpunkt gaben PayPal-Manager an, dass digitale Währungen der Zentralbank „eine Frage des Zeitpunkts und der Art und Weise ihrer Abwicklung und nicht des Falls sind“.

Novogratz zszokowany tym, „Jak wiele instytucji ustawia się teraz w kolejce po Bitcoina.“

W zeszły czwartek (7 grudnia) miliarder inwestor Mike Novogratz podzielił się swoimi najnowszymi przemyśleniami na temat Bitcoina podczas wywiadu z Joe Kernenem na temat „Squawk Box“ CNBC.

Były menedżer funduszu hedgingowego Novogratz jest założycielem i dyrektorem generalnym Galaxy Digital, „innowatora w dziedzinie usług finansowych i zarządzania inwestycjami w sektorze cyfrowych aktywów, kryptokurantów i technologii łańcuchów blokowych“.

Kiedy Kernen zapytał Novogratz, czy Bitcoin nadal będzie działał jako bezpieczna przystań w przypadku pęknięcia obecnej bańki spekulacyjnej, Novogratz odpowiedział:

„Jeśli bańka spekulacyjna pęknie, Bitcoin na jakiś czas zejdzie w dół. Istnieje po prostu zbyt duża korelacja między ludźmi o ryzykownych aktywach. Jeśli zarobiłeś tu tonę pieniędzy i tracisz tu tonę pieniędzy, to w pewnym momencie zabierzesz trochę zysków tam, gdzie zarobiłeś pieniądze. I tak, gdyby S&P spadło o 20% w ciągu najbliższych trzech dni, Bitcoin byłby niższy, a nie wyższy, ale trwa cykl adopcyjny, w którym instytucje chcą to kupić, ponieważ naprawdę trudno jest znaleźć wyjście dla banków centralnych i dla rządów.

„Naprawdę trudno jest znaleźć wyjście dla tego gigantycznego deficytu, który nadal rośnie, a rośnie on w coraz szybszym tempie. To dlatego tysiąclecia i Gen Z intuicyjnie kupują Bitcoin, bo wiedzą, że są trochę pokręceni. Bitcoin zjadł wszystkie swoje przyszłe lunche na wiele sposobów, budując te gigantyczne deficyty, więc myślę, że Bitcoin pozostanie skorelowany z ryzykiem aktywów na krótką metę, ale ta korelacja załamuje się w czasie i będzie nadal rosnąć, gdy coraz więcej ludzi będzie wkraczać do tej społeczności… To szokujące, ile instytucji ustawia się teraz w kolejce, by spróbować wprowadzić Bitcoin do swoich portfeli“.

8 grudnia Novogratz wyjaśnił w wywiadzie dla CNN Julii Chatterley, dlaczego uważa, że zainteresowanie instytucji Bitcoinem tylko wzrośnie i ile kryptońskiej ekspozycji powinni mieć nowi inwestorzy.

Chatterley po raz pierwszy zapytał Novogratza, dlaczego Bitcoin przeszedł od „inwestycji przygranicznych“ do makro aktywów w ciągu ostatnich kilku lat.

Novogratz odpowiedział:

„Wszyscy patrzą teraz na Bitcoin jako formę cyfrowego złota, albo jako zabezpieczenie przed osłabieniem waluty fiata. Instytucjonalizacja dobrego nadzoru, zapewnienie ludziom poczucia bezpieczeństwa, że to rozumieją, że to jest bezpieczne, miała miejsce w ciągu ostatnich kilku lat, a teraz nadeszła, i nie widzieliśmy nic poza tym, że coraz więcej kont próbuje się zaangażować.

„Każda kryptoflowa firma, taka jak moja, działa w zawrotnym tempie, bo tylko na pokładzie wszystkich nowych kont, od wysokiej wartości netto do instytucji, do funduszy emerytalnych do wkładów kapitałowych.“

Mówił też o tym, jak widzi, że kryptoflora idzie do głównego nurtu:

„Ludzie będą trzymać swoją wartość, swoje dolary, swoje Bitcoin, swoje bilety na filmy w telefonach, i wiesz, banki będą musiały spieszyć się w tę przestrzeń, i zaczynasz to widzieć. PayPal był w tym roku ogromnym wydarzeniem… zobaczysz każdą instytucję finansową, która zostanie zmuszona do wejścia w to miejsce.“

Dla ludzi, którzy nigdy wcześniej nie inwestowali w krypto, Novogratz zwykł mówić im, aby umieścić 1-2% ich wartości netto do Bitcoin, ale mówi, że teraz zmienił swoją melodię na to trochę, a teraz czuje się komfortowo doradzając nowym inwestorom umieścić 5% ich wartości netto do Bitcoin od Bitcoin „nie wraca do zera“ – nawet jeśli może spaść do tak niskich jak 13 dolarów, 000 – ponieważ jest „za dużo infrastruktury“ i „za dużo społeczności, która wierzy w to jako magazyn wartości“, dlatego uważa, że Bitcoin będzie miał mniejszą zmienność w przyszłości.

Kiedy Chatterly zapytał Novogratza, ile jego osobista wartość netto została zainwestowana w Bitcoina, odpowiedział:

„Jako część mojej wartości netto, całkowita wartość kryptociągu wynosi prawdopodobnie 50%.“

Advertisement

Bitcoin already overtakes 23 countries in 2020 alone

BTC & M1 money supply arms race: Bitcoin already overtakes 23 countries in 2020 alone

The year 2020 will go down in history for a number of reasons. While the pandemic took centre stage, the emergence of Bitcoin, stimulus money and the unprecedented printing of fiat money were economically crucial issues.

The inflating effect of national currencies being printed to offset the impact of the pandemic led to an exponential expansion of the Bitcoin Code global M1 money supply. Despite this, Bitcoin’s rank in the overall M1 money supply has risen significantly – from 34th to 13th behind Taiwan, Switzerland and Canada.

But why is this figure so important for the future of the very first cryptocurrency?

Bitcoin’s unprecedented rise

Out of the destruction of past pandemics and economic collapses have come some of the greatest changes known to mankind. Often, these major life events bring about the emergence of technologies that change the world forever.

The same could happen in 2020: The world seems to have woken up to the fact that governments are mishandling monetary policy – while also realising that Bitcoin is the hardest form of money yet.

Each new round of stimulus money has sent the M1 money supply soaring around the world. In the US alone, the M1 money supply has increased from 4 trillion to nearly 7 trillion in 2020.

The M1 money supply reflects all currencies and coins in circulation as well as all overnight deposits. The US tops the list as its dollar remains the global reserve currency, but the fact that Bitcoin jumped a total of 21 ranks in 2020 alone – even as other countries also print money – shows that the cryptocurrency will soon be hot on the heels of the greenback.

eToro increases minimum deposit required after demand surges

eToro has temporarily increased the minimum deposit amount for new users to $ 1,000.

This follows the new all-time high in new registrations and deposits, as trading activity is booming.

Several exchanges suffered from outages following the new highs reached by Bitcoin.

eToro has temporarily increased the minimum deposit amount for new users to $ 1,000.

The eToro cryptocurrency exchange increased its deposit amount for new users from $ 200 to $ 1,000. The platform has faced an unprecedented increase in demand for its trading services following the historic rally in Bitcoin .

On Twitter , eToro announced measures to protect its current 17 million users. It seemed necessary indeed: 40,000 new users signed up in a single day at the start of the year.

A generalized increase

This boom at eToro happened on December 16, when Bitcoin’s price broke the key psychological level of $ 20,000. This rally was accompanied by a sharp increase in activity and transaction volumes. The data Google Trends also show that the volume of research about the BTC is at its highest level since its previous high of $ 20,000 in December 2017.

Additionally, mainstream media such as the BBC and CNN have this time started to cover Bitcoin on the front page. eToro claims that the recent surge in demand has been driven primarily by offers from retail traders.

Additional fees following the Bitcoin rally

Some crypto exchanges now require their new users to have a minimum deposit to cover the costs of creating accounts. However, when cryptocurrency first appeared, exchange platforms did not apply this measure. Traders thus associated these fees with traditional exchanges.

The cryptocurrency exchange Bitfinex , however, took similar steps in 2018, establishing a minimum deposit of $ 10,000. Indeed, the exchange faced strong demand during the Bitcoin rally of 2017-2018.

A similar move to Bitfinex could have favored some exchanges this year and into 2020. Binance’s servers were blocked when Bitcoin surpassed $ 20,000, with the platform enduring nearly two hours of downtime before trading resumed. .

Coinbase has also faced this problem. The platform has since been in the throes of crashes, and some traders criticize the exchange on social media for these technical issues.

eToro has stated that its educational resources, including its demo-trading accounts, are not affected by the new minimum deposit amount. This change will last until demand drops or the platform increases capacity.

This shows that the cryptocurrency industry can still be surprised by the growing level of interest. The rise in institutional interest is steadily increasing. The industry must now prepare for a wave of new investors.

The big bang – Bitcoin climbs above $ 30,000 for the first time

The market-leading cryptocurrency heralds the new year by jumping over another major hurdle.

Bitcoin ( BTC ) starts the new year with a big bang, because on January 2nd, the market-leading crypto currency was able to crack the next psychologically important hurdle.

With a swing into the new year

As the data from Cointelegraph Markets , Coin360 and TradingView show, Bitcoin has now climbed above the 30,000 US dollar mark.

After a new record high of 29,700 US dollars was initially recorded that night, Bitcoin did not let up, whereupon, after several attempts, the next big hurdle was finally jumped.

The area below the 30,000 US dollar mark had recently shown itself to be fierce resistance, as the market-leading crypto currency has repeatedly faced strong selling pressure here in the past few days. A similar scenario had already played out a few weeks ago at the US $ 20,000 mark.

„If you’re waiting for an entry point to hold Bitcoin long-term, don’t be stingy now. A few thousand dollars more or less after not going to hurt you if it comes up in a year up to 100,000, 200,000 or $ 300,000, „as Willy Woo the current situation summarizing . To this end, he adds:

„The big flight is finally here, the inflow of capital is crazy.“

Altcoins neither fish nor meat

The big altcoins, meanwhile, give a very mixed picture, with Ether ( ETH ) not being dragged along by Bitcoin, but remaining just below 740 US dollars.

For Polkadot ( DOT ) it even went down 6.3%, which only slightly clouded the strong weekly gain of 60%.

The price movements of XRP , on the other hand, are surprisingly strong, because despite the SEC lawsuit against the XRP publisher Ripple, the cryptocurrency can hold itself at 0.23 US dollars after a 7% gain on Friday.

Bitcoin, cryptocurrencies and tokens: a taxonomy of the new economy

You do not mix apples and towel s – There are 2 years of this , I proposed to you my attempt to develop a typology of tokens to better define and understand the digital assets. Since then, water has flowed under the bridges. Shitcoins have collapsed, exchanges have been hacked and others have taken their respective places within the crypto ecosystem. As the crypto-asset market has changed significantly, I am offering you a new classification of digital assets.

Le Token Classification Framework

Since the emergence of Crypto Nation Pro and the crypto-assets that followed, the term most used to designate them remains “cryptocurrencies” . Among them, bitcoin is the asset that has received the most attention.

Cryptocurrencies, crypto-assets, tokens or securities?

Bitcoin is strictly speaking a cryptocurrency , but not all digital assets fall into this category. The majority includes tokens . Semantically speaking, the most appropriate term to define this new class of assets would be that of “crypto-assets” – or crypto-assets . This pitfall is quite common in innovative fields. However, the lack of terminology and clear definitions makes it difficult to speak with nuances and carry out relevant analyzes. To understand and explain all the nuances of this ecosystem, we must therefore analyze it, then classify it.

The same properties and use cases are found in many assets of the crypto ecosystem. These similarities were used to establish a classification of digital assets. However, no typology has yet been adopted and used by all players in the crypto ecosystem . Financial regulators, institutional actors, traders and researchers each have a different perspective on the issue.

The classification of digital assets only caught the authors‘ attention after the wave of ICOs of 2017. Since then, several works of classification of digital assets have been undertaken and, in my opinion, the most successful is the classification system. token (Token Framework Classification) of Thomas Euler .

A model adapted to a protean active class

This multidimensional model forms a decision tree for mapping digital assets according to their characteristics. The first step in this classification was to establish five dimensions for tokens: purpose, utility, legal status, underlying value and technical layer .

Then, in each of these dimensions, a given asset can correspond to one of the 3 sub-dimensions. However, some assets, due to their unique characteristics, may correspond to several sub-dimensions. This is the beauty of cryptophère: assets with unique characteristics offering innovative use cases . Note that some assets may also not have one of the dimensions of the model!

Carpe ‚Diem‘: Lawsuit threatens rebranding plan for Facebook Libra

Facebook’s plan to brand its stablecoin project from Libra to Diem was met with legal threats from a small European startup of the same name.

Carpe ‚Diem‘: Lawsuit Threatens FacebookNOTÍCIAS‘ Redesign of Libra Brand

Facebook has been hit with legal action threats due to its plan to rename the Libra stablecoin project ‚Diem‘ by a financial application of the same name.

Facebook announced its plan to rename Libra on December 1, with the company claiming that the new name would help the re-named project move away from the intense regulatory pressure Libra faced when it was announced last year.

Diem co-founder and leading European fintech investor Chris Adelsbach told the media Sifted that although he was intimidated by the prospect of entering into a legal battle with Facebook, he received legal advice instructing him to protect his brand:

„It would not have taken so much effort for Facebook to discover that there was another Diem in financial services […] They obviously thought: ‚we can just crush them, we are Facebook'“.
In a statement, Diem CEO Geri Cupi said his company was „stunned“ to learn of the Libra Association’s intention to rename itself „Diem,“ adding:

„As a small startup, we are concerned that the customer confusion resulting from Libra’s actions will significantly affect our growth.
Diem executed its smooth launch in October and has since attracted half a million followers. The platform allows users to instantly sell their possessions online and offers debit cards, with Sifted describing the application as „a kind of digital pledge“.

Ripple recently faced a similar case from the New Payments Platform Australia, or NPPA, which alleged intellectual property violations arising from Ripple’s use of the „PayID“ brand to describe its Bitcoin Bank payment pattern, despite NPPA operating the „Pay ID“ payment network in Australia as of March 2017.

The case was resolved when Ripple registered a new trademark for „Paystring.

Facebook’s ambitions with its stablecoin also seem set for a legal confrontation with global regulators.

During a conference on 7 December between G7 ministers and central bank chiefs, German Finance Minister Olaf Scholz described the project as „a wolf in sheep’s clothing.

Scholz stressed that German lawmakers „will not accept its entry into the market“ without Facebook showing that it has addressed the government’s regulatory concerns, he added:

„We must do everything possible to ensure that the monopoly of the currency remains in the hands of states.

Predicción de precios de Bitcoin: El BTC/USD lucha por mantener el soporte de 17.000 dólares mientras los osos toman el control

Predicción de precios de Bitcoin (BTC) – 27 de noviembre

El precio de Crypto Cash se tambalea tras el rechazo en la repetición de su máximo histórico.
Tendencia a largo plazo de BTC/USD: Alcista (Gráfico diario)

  • Niveles clave:
  • Niveles de resistencia: 18.600, 18.800, 19.000 dólares.
  • Niveles de apoyo: 15.200, 15.000, 14.800 dólares.
    BTCUSD – Gráfico diario

En el momento de escribir este artículo, el BTC/USD está bajando un poco menos del 0,71% a su precio actual de 17.048 dólares. Esto marca un rebote desde los mínimos diarios de 16.400 dólares con un descenso desde los máximos de más de 17.000 dólares. Sin embargo, han sido unos días difíciles con el precio de Bitcoin viendo una inmensa presión de venta mientras los osos apuntan a borrar las ganancias que se han producido.

¿Cuál es la siguiente dirección para Bitcoin?

Hoy es el tercer día consecutivo en el que Bitcoin no ha conseguido superar el nivel de resistencia de 19.500 dólares, ya que parece que va a establecer otros días de caídas de precios negativos por debajo de los 17.000 dólares. Una ruptura por encima del límite superior del canal habría hecho que Bitcoin alcanzara el nivel de 20.000 dólares. Por el lado positivo, si hay rupturas por encima de las medias móviles, el precio de Bitcoin podría haberse recuperado hasta el nivel de 18.000 dólares.

Sin embargo, los principales niveles de resistencia de los toros se sitúan en 18.600, 18.800 y 19.000 dólares. No obstante, si se produce una ruptura por debajo del límite inferior del canal a 16.000 dólares, el precio podría acelerar el descenso hacia los niveles de soporte de 15.200, 15.000 y 14.800 dólares, ya que se observa que el indicador técnico RSI (14) se mueve por debajo del nivel 55.

Tendencia a medio plazo del BTC/USD: Bajista (Gráfico 4H)

El gráfico de 4 horas muestra que los osos de Bitcoin están volviendo al mercado y empujando el precio de la BTC por debajo de su nivel de soporte anterior que era de alrededor de 17.100 dólares. El precio de Bitcoin está en el bucle de hacer un rebote por encima del mínimo diario de 16.751 dólares. Su precio ronda los 17.013 dólares y puede tardar un tiempo en superar los 17.500 dólares.

BTCUSD – Gráfico de 4 horas

En este momento, el BTC/USD está actualmente operando alrededor del promedio móvil de 9 días, pero todavía por debajo del promedio móvil de 21 días. El movimiento alcista podría empujar el precio de la resistencia más cercana a los niveles de resistencia de 18.000, 18.200 y 18.400 dólares, mientras que el soporte inmediato se encuentra en 16.000, 15.800 y 15.600 dólares. El RSI (14) se mueve para cruzar por encima del nivel de 40, lo que puede introducir más tendencias alcistas en el mercado.

Van Eck: „Bitcoin has less volatility than many large stocks“

Van Eck no longer considers a well-known criticism of Bitcoin to be justified.

On Friday, the Van Eck asset management company published a new study that came to the conclusion that Bitcoin’s price movements are less volatile than a quarter to a third of all companies in the important S&P 500 stock index

In the corresponding blog entry , Van Eck first states that Bitcoin Circuit has long been viewed as a „volatile asset outside the stock and capital markets“, but this is now a thesis that no longer corresponds to reality, because the market-leading cryptocurrency has a volatility comparable to that some of the largest companies in the world.

A year-on-year comparison shows that 29% of the shares in the S&P 500 show more severe price fluctuations than the cryptocurrency, while this still applies to 22% of all companies in a comparison over 90 days, as Van Eck calculates.

The results of the study are all the more remarkable since Van Eck invests primarily in gold

The precious metal is actually considered a major competitor to Bitcoin, because the digital currency is competing for it as the market-leading store of value.

© 2021 Apache Micro

Theme von Anders NorénNach oben ↑