Bitcoin correlation with Nasdaq Composite and S&P 500 are strongest during times of price drops – but have also undermined its alleged role as an inflation hedge
BlackRock filed with the U.S. Securities and Exchange Commission to launch the iShares Blockchain and Tech ETF that would invest in companies involved in the “development, innovation and utilization of…
The benchmark cryptocurrency whipsawed investors on Thursday, tracking the swings in the tech-focused Nasdaq 100, often viewed as a proxy for risk sentiment.
Given how cryptocurrencies have had an abysmal start to the year, you’d think that regulators would lean back on their well-appointed leatherbound chairs and kick the crypto regulation bucket down…
With comprehensive regulation of cryptocurrencies some time away, some of Wall Street’s biggest names are plunging headfirst into the nascent digital asset class and figuring out the rules as they…
With bitcoin appearing to have stabilized, some investors will be wondering if now isn’t the time to wade back into cryptocurrency waters, especially if more upside is ahead.
Bitcoin demonstrates strong correlation with other risk assets like tech stocks over the past several weeks, undermining its role as a portfolio diversification tool